Breaking 15:30 X appeals €120 million Eu Fine over digital services act violations 15:20 Iran says US has not demanded end to uranium enrichment 15:00 Prince Andrew’s arrest triggers unprecedented crisis for the British Monarchy 14:50 Investors flock to european stocks as ‘hedge america’ trade builds 14:30 Türkiye calls for Genuine Us-Iran negotiations to avoid war 14:20 FIFA pledge for Gaza stadium sparks debate over postwar priorities 13:50 kim leverages nuclear shield as trump weighs new iran strikes 12:45 Euro weakens to one-month low as oil spike and ECB doubts hit currency 12:20 Amazon outage linked to AI coding tool sparks debate over blame and safeguards 12:00 Finland’s president says Russia unlikely to agree to peace deal soon 10:50 Euro slips to four-week low as hawkish Fed and tensions unsettle markets 09:50 Norway rejects Trump peace board while hosting Gaza aid talks 09:20 Netanyahu warns Iran as US-Israel military buildup accelerates 07:50 US energy chief threatens IEA withdrawal over climate focus 07:20 European gas prices jump as us-iran standoff threatens lng chokepoint 23:50 US removes safeguards from proposed Saudi nuclear deal, raising proliferation concerns 22:30 Uzbekistan pledges meaningful contribution to Gaza reconstruction efforts 22:00 Turkish journalist from Deutsche Welle detained over “false news” and “insulting the president” 21:30 Indonesia pledges 8,000 troops to Gaza peacekeeping mission 18:00 Pakistan and US sign pact to redevelop New York's Roosevelt Hotel 17:45 US trade deficit hits $1.24 trillion in 2025 despite tariffs 16:20 German chancellor Merz deepens China ties and warns US on tariffs 16:00 King Frederik X visits Greenland amid renewed geopolitical attention 15:50 US pushes to bar Ukraine from NATO summit in Ankara


U.S. court blocks Trump's sweeping tariffs: A pivotal legal decision

A U.S. federal court has delivered a significant blow to President Donald Trump's economic agenda by blocking his sweeping tariffs, a central feature of his trade policy. The Court of International Trade ruled that the emergency powers invoked by the White House did not grant the president unilateral......

Euro's potential rise amid shifting global economic landscape

European Central Bank President Christine Lagarde recently underscored a significant transformation in the global economic order, one that has relied heavily on the leadership of the United States and the dominance of the US dollar. Speaking at the Hertie School in Berlin, she articulated concerns over......

Spain proposes hefty tax on foreign property buyers

Since the local Spain broke the news that the Spanish government has lodged a draft bill to charge non-EU, non-resident home buyers a 100 percent tax, there have been doubts about how much this tax would truly amount to. The Socialist government of Pedro Sánchez last week presented a draft law......

New direct flights enhance U.s.-Spain connections

Two new direct flight routes connecting the United States and Spain have recently commenced, significantly improving travel options for passengers. JetBlue Airways, an American low-cost airline, launched its inaugural flight between Boston and Madrid on Tuesday, marking its entry into the Spanish market.......

Markets rebound as Trump eases EU tariff threats

U.S. stock futures surged early Tuesday, signaling a sharp rebound from last week’s market decline. The S&P 500 rose about 1.4%, Nasdaq futures jumped 1.5%, and the Dow climbed more than 1%. The primary driver behind this rally was President Donald Trump’s announcement to postpone a planned......

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......

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