EU delays retaliatory tariffs against US amid hopes for trade deal

The European Union has delayed retaliatory tariffs on exports from the United States as officials scramble to reach a trade deal with Washington ahead of US President Donald Trump’s August 1 deadline. Ursula von der Leyen, the president of the European Commission, said on Sunday that the bloc would extend its suspension of countermeasures as … Read moreEU delays retaliatory tariffs against US amid hopes for trade deal

France marks Bastille Day with grand Paris parade, celebrations

France is celebrating Bastille Day with nationwide festivities commemorating the 1789 storming of the Bastille prison, a pivotal moment in the French Revolution. In Paris, the celebration features 7,000 participants marching along the Champs-Elysees, including troops and armoured vehicles, followed by fighter jet flyovers and a spectacular drone light show at the Eiffel Tower. The … Read moreFrance marks Bastille Day with grand Paris parade, celebrations

Trump announces Ukraine arms deal, threatens Russia with ‘severe’ tariffs

United States President Donald Trump has announced a deal to supply more weapons to Ukraine and has threatened to impose steep tariffs on Russia unless a peace deal is reached within 50 days. The announcements on Monday marked a dramatic U-turn for US policy, as it comes weeks after the Pentagon announced it would be … Read moreTrump announces Ukraine arms deal, threatens Russia with ‘severe’ tariffs

EU warns of countermeasures after Trump threatens 30 percent tariffs

The European Union has promised to take countermeasures against the United States if the administration of US President Donald Trump introduces 30 percent tariffs on imports from the bloc next month. After ministers met in Brussels on Monday to discuss the tariff threat Trump issued over the weekend, the EU’s trade representative Maros Sefcovic said … Read moreEU warns of countermeasures after Trump threatens 30 percent tariffs

Trump ramps up trade war with tariff blitz targeting 14 countries

United States President Donald Trump has unveiled steep tariffs on more than a dozen countries as he ratchets up his pressure campaign aimed at winning concessions on trade. Trump’s latest trade threats on Monday put 14 countries, including key US allies Japan and South Korea, on notice that they will face tariffs of 25 to 40 … Read moreTrump ramps up trade war with tariff blitz targeting 14 countries

US to send more weapons to Ukraine, Trump says

United States President Donald Trump has said his administration will send more weapons to Ukraine after an earlier decision to halt some arms shipments drew condemnation from Kyiv and its supporters. Speaking to reporters ahead of a dinner with Israeli Prime Minister Benjamin Netanyahu in Washington, DC on Monday, Trump said the new shipments would … Read moreUS to send more weapons to Ukraine, Trump says

Former UK PM Rishi Sunak joins Goldman Sachs as senior adviser

Goldman Sachs has named former United Kingdom Prime Minister Rishi Sunak as a senior adviser, adding a veteran policymaker to its roster as banks navigate rising geopolitical and regulatory uncertainty. The investment bank announced Sunak’s appointment on Tuesday. Sunak, who remains a Conservative member of parliament from a seat in northern England, previously worked at … Read moreFormer UK PM Rishi Sunak joins Goldman Sachs as senior adviser

Trump says he is considering Russia sanctions, not happy with Putin

United States President Donald Trump says he is not happy with his Russian counterpart, Vladimir Putin, over the continuation of the war in Ukraine and suggests he is considering additional sanctions against Moscow. “We get a lot of b******t thrown at us by Putin,” Trump said during a meeting with his cabinet at the White House … Read moreTrump says he is considering Russia sanctions, not happy with Putin

Trump’s budget bill stalls in late-night session in US House

The US House of Representatives is working in the middle of the night as Donald Trump and his allies try to pressurise holdouts in the president’s own Republican Party into backing his mega-bill on tax and spending. The sprawling legislation, which could define Trump’s second term in office, is nearing its final vote. But it … Read moreTrump’s budget bill stalls in late-night session in US House

Mass evacuations as wildfire rages in Greek island of Crete

Hundreds of people have been evacuated as a major wildfire continues to burn out of control on the Greek island of Crete. The fire, which has been fanned by gale-force winds, broke out on Wednesday afternoon in rugged forested terrain near the municipality of Ierapetra. The flames have spread rapidly, threatening homes, tourist accommodation, and … Read moreMass evacuations as wildfire rages in Greek island of Crete

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