Breaking 12:45 White House backs industry-led solutions to AI risks 12:15 Mark Zuckerberg rejects calls to slow the race toward advanced AI 11:25 Meta expands plans to rely on its own AI chips 11:04 Elon Musk calls for rival AI companies to test each other’s models 10:59 Iran rejects talks with the United States as Trump signals openness to dialogue 10:19 Could AI destroy humanity? Trump dismisses the threat as a hoax 09:59 Israel Katz: Israeli Army Claims Readiness to 'Finish the Job' in Gaza 09:44 US announces new visa restrictions targeting South African officials 21:55 Morocco fuel prices set for another rise as diesel remains above gasoline 21:45 Pentagon warns of US ammunition shortages after Iran war 21:15 Houthis emerge as a growing threat to Trump and Saudi Arabia 20:45 Brazil’s Supreme Court faces deepening crisis as two judges clash 20:15 Bill Gates urges the world to look beyond AI’s current limits 19:21 NASA turns to artificial intelligence to unlock the mysteries of dark energy 18:00 US confirms deployment of weapons in space 17:45 Houthis target Saudi Arabia as Iran denies involvement in Yemen conflict 17:17 Trump administration rules out oil export ban as fuel prices climb 16:26 X and xAI withdraw antitrust claims against Apple 15:47 Former Google DeepMind researcher warns AI may be approaching a dangerous threshold 15:32 OpenAI delays potential stock market debut beyond 2026 15:15 Trump approval rebounds slightly as Democrats gain ground ahead of midterms 13:32 Trump urges countries benefiting from Hormuz security to share US protection costs 12:59 Study warns US drug policies could cost Swiss pharmaceutical industry billions

Economy



EU and US Seek Urgent Trade Deal as Trump Delays Tariffs

European Commission President Ursula von der Leyen announced on Sunday that she had a productive phone conversation with U.S. President Donald Trump, leading to a temporary postponement of proposed tariffs on EU imports. Trump had recently threatened a 50% tariff on all goods coming from the European......

Trump proposes steep tariffs on the European Union and Apple products

US President Donald Trump has unveiled plans to significantly increase tariffs on imports from the European Union and on products from tech giant Apple. In a post on Truth Social, Trump announced a recommendation for a 50% tariff on goods from the EU, set to take effect on June 1. He expressed dissatisfaction......

China and US Ease Trade Tensions with Temporary Truce

A recent trade agreement between China and the United States, brokered in Geneva through Swiss mediation, has led to a temporary de-escalation of trade tensions. The deal includes a 90-day suspension of certain tariffs, aiming to restore mutual trust and explore future economic collaboration. Both nations......

G7 seeks unity beyond tariffs in Canada meeting

Finance leaders from the G7 nations will convene this week in Banff, Alberta, aiming to project unity on issues that go beyond U.S. President Donald Trump's recent tariff hikes. Their agenda includes economic security, support for Ukraine, collaboration on artificial intelligence, and backing for......

Trump’s tax cut bill clears key House committee vote

President Donald Trump’s comprehensive tax cut proposal has successfully passed a critical vote in a House committee, moving closer to a potential vote in the full House of Representatives later this week. This unusual Sunday night decision represents a significant victory for Trump and House......

China Eases Layoff Threat with Tariff Cuts but Job Market Still Struggles

BEIJING, May 16 (Reuters) – Liu Shengzun, a Chinese factory worker, lost two jobs in a single month as U.S. tariffs soared in April, forcing companies in Guangdong to slash production. Though a recent easing of tariffs has brought some relief, Liu has abandoned the industrial sector entirely, returning......

US tariff pause on China and its impact on global manufacturing hubs

A recent agreement between the United States and China to pause tariffs has shifted the dynamics for manufacturing hubs such as Mexico and Vietnam. These countries now face pressure to negotiate favorable trade deals with the U.S. to continue benefiting from the "China-plus-one" strategy used......

Us and China agree to reduce tariffs, signaling trade war pause

The United States and China have reached a historic agreement to significantly reduce tariffs on each other’s goods for a period of 90 days, marking a pivotal moment in their ongoing trade relations. This accord, announced by US Treasury Secretary Scott Bessent, emerged from negotiations held over......

Trump's trade war looms over Cannes film festival

Donald Trump's threat to impose tariffs on foreign-made films has sparked tensions between the European and American film industries, overshadowing the Cannes Film Festival this week. The US president's proposed 100-percent tariffs on movies "produced in foreign lands" have raised concerns......

US and China reach deal to reduce tariffs by 115% to resolve trade dispute

On Monday, the United States and China announced a breakthrough agreement aimed at easing tensions from their prolonged trade war, which has affected the global economy and financial markets. Following discussions with Chinese representatives in Geneva, US Treasury Secretary Scott Bessent revealed that......

US Beef Exports to Morocco Soar in Early 2025

During the first quarter of 2025, exports of US beef to Morocco experienced a remarkable 123% surge, driven by rising demand in emerging markets, according to data from the US Department of Agriculture (USDA) and compiled by the US Meat Export Federation (USMEF). March figures showed robust growth in......

Trump applauds 'total reset' in US-China trade talks

US President Donald Trump celebrated a "total reset" in US-China trade relations, ahead of the second day of talks between US and Chinese officials aimed at easing tensions caused by the US's aggressive tariff policy. In a Sunday Truth Social post, Trump praised the "very good"......

India offers major tariff cut to fast-track trade deal with Trump

In a significant move to finalize a trade agreement with the United States, India has proposed cutting the average tariff gap between the two countries to under 4%, down from nearly 13%, according to sources familiar with the negotiations. This would be a reduction of approximately 9 percentage points......

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