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U.S. President Donald Trump on Monday sharply criticised the Federal Reserve, claiming America should be paying ultra-low interest rates similar to Ja...
President Donald Trump is expected to sign an executive order on Monday formally ending U.S. sanctions on Syria, in a major foreign policy reversal that follows a series of diplomatic overtures between Washington and Damascus.
White House Press Secretary Karoline Leavitt said the decision was intended to “promote and support the country’s path to stability and peace”. While the general sanctions regime will be lifted, targeted restrictions will remain in place against former President Bashar al-Assad, his associates, and others involved in rights abuses, chemical weapons activity and terror operations.
“This is another promise made and promise kept,” Leavitt told reporters, referring to Trump’s remarks during his visit to Saudi Arabia last month.
The move follows the Biden-era sanctions carve-out granted in May, which eased restrictions on certain transactions. Trump had used that opening to push forward on a broader rollback of punitive measures imposed during Syria’s long civil war.
During a landmark meeting in Riyadh on 14 May, Trump met interim Syrian President Ahmad al-Sharaa for the first time. He pledged to lift sanctions and explore the possibility of restoring diplomatic ties — a step not seen in U.S. policy toward Syria for decades.
The encounter came a day after Trump addressed the Saudi-U.S. Investment Forum, calling the sanctions “crushing and counterproductive”.
The European Union has also announced plans to lift nearly all of its remaining sanctions on Syria, aligning with the U.S. shift.
Al-Sharaa, who now leads a transitional government following the flight of Bashar al-Assad to Russia in December 2024, has vowed to end Syria’s isolation and rebuild relations with former adversaries. Assad's departure marked the fall of the Baathist regime that had held power since 1963.
The executive order is expected to take effect immediately upon signing.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
Special envoys from Pakistan, China and Russia held an informal meeting in the Qatari capital on Monday to discuss regional cooperation on Afghanistan, Pakistani envoy Mohammad Sadiq confirmed in a post on X.
Türkiye’s leading drone manufacturer Baykar has completed its acquisition of historic Italian aviation firm Piaggio Aerospace, paving the way for a European production base for its unmanned aerial vehicles and civil jets.
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