U.S.-EU Trade

Dollar Strengthens as U.S.-EU Trade Tensions Escalate; Markets Face Uncertainty

The U.S. dollar firmed broadly on Friday as global markets reeled from rising trade tensions between Washington and Brussels. The euro retreated further from its five-month high amid fears of a sharp economic downturn, while investors sought refuge in safe-haven...
Afghan Women

Afghan Women in Oman Face Deportation After U.S. Cancels Scholarship Program

More than 80 Afghan women who fled the Taliban to pursue higher education in Oman now face the prospect of imminent deportation after the abrupt cancellation of their U.S.-funded scholarships. The decision, part of the Trump administration’s sweeping cuts to...
Russia Tightens Control Over Kursk Region

Russia Tightens Control Over Kursk Region, Recapturing Sudzha and Two Nearby Settlements After Military Offensive

Russia claims to have recaptured Sudzha, a significant town in the Kursk region, following a military offensive and a visit from President Vladimir Putin. This claim has not been independently verified, and Ukrainian officials have yet to comment. The United...
Donald Trump

Trump’s Tariff Hike Sparks Swift Retaliation from Major Trade Partners

President Donald Trump’s decision to impose increased tariffs on aluminum and steel imports has triggered immediate retaliation from key trade partners, threatening to escalate tensions and disrupt global commerce. Canada and the European Union (EU) have responded with reciprocal tariffs...
China's foreign ministry spokesperson Mao Ning

China Vows Retaliation Over New US Tariffs on Steel and Aluminium

China has vowed to take "all necessary measures" to protect its economic interests after the United States imposed a fresh 25 percent tariff on steel and aluminum imports, further escalating tensions in an ongoing trade dispute. The tariffs, which took...
Kremlin spokesperson Dmitry Peskov

Kremlin Awaits U.S. Briefing on Ukraine Ceasefire Proposal Before Responding

The Kremlin said on Wednesday that it would wait for an official briefing from the United States before commenting on a proposed 30-day ceasefire in Ukraine, following high-stakes talks between U.S. and Ukrainian officials in Saudi Arabia. The ceasefire offer,...
Oils

Oil Prices Drop Amid Economic Fears and Tariff Uncertainty

Oil prices continued their downward slide for a second consecutive day as fears over economic growth, trade policies, and geopolitical tensions rattled global markets. Brent crude dropped to nearly $69 a barrel, following a 1.5% decline on Monday, while West...
Asian Financial Markets

Asian Markets Sink as US Selloff Deepens: Investors Fear Recession Amid Tariff War and Political Shakeups

Asian stocks fell for a third straight session on Tuesday, mirroring steep losses on Wall Street as mounting concerns over tariffs and government upheaval threatened economic growth in the United States. The Nasdaq 100 suffered its worst day since 2022,...
Rio Tinto Mine In Chile

Rio Tinto Seeks to Sell US Bonds to Repay Loan for $6.7 Billion Arcadium Lithium Deal

Rio Tinto Group is planning to issue bonds in the United States to help repay a $7 billion bridge loan it used to acquire Arcadium Lithium Plc, a move that underscores its commitment to long-term financing strategies amid shifting market...
US Dollar - Chinese Yuan

Doubts Over US Exceptionalism Ease Pressure on China’s Yuan Defense

The People’s Bank of China (PBOC) is scaling back its active defense of the yuan as concerns over US economic strength and political uncertainty weaken the dollar. This shift is evident in the narrowing gap between the central bank’s daily...
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