Breaking 17:16 US-Israel strikes hit Iranian residential areas, killing 18 in Qom 16:40 Japanese finance minister warns of bold action as yen nears 160 16:20 Iran war boosts global demand for EVs, solar and heat pumps 16:00 Lagarde warns Iran war energy shocks could last years amid ECB rate hike debate 15:40 European stocks dip as Middle East war fuels ECB rate hike bets 15:20 Macquarie warns oil could hit $200 if Iran war lasts to June 14:50 Asia-Pacific governments roll out emergency measures amid energy crisis 13:00 Airlines raise fares and cut flights as jet fuel prices surge 12:10 Hezbollah launches 600 projectiles at Israel in 24 hours, a record doubled 12:00 Cuba seeks Vatican help to ease U.S. oil embargo 11:45 TSX futures fall as Trump extends Hormuz deadline amid market uncertainty 11:20 Tesla gains fade amid delivery worries despite Europe rebound 11:15 Mercosur and Canada edge closer to free-trade deal with April negotiations 11:00 TotalEnergies drops 2050 carbon neutrality goal over slow global transition 10:40 Musk plans 30% retail allocation for SpaceX IPO 10:20 Iran conflict triggers mass tourism cancellations in eastern Mediterranean 10:02 Iran claims one million fighters ready for U.S. ground invasion 09:20 Rapid7 uncovers Chinese 'dormant cells' in telecom networks 08:55 Nvidia shares drop amid TurboQuant fears and lawsuit pressure 07:50 Studies pinpoint Sun's magnetic engine deep below surface 07:30 UAE signals readiness to join multinational effort to reopen Strait of Hormuz 07:00 UN security council holds closed-door meeting on Iran at Moscow’s request


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......

US and UK forge historic trade deal slashing tariffs on steel and cars

US President Donald Trump and UK Prime Minister Keir Starmer have announced a historic trade agreement aimed at reducing tariffs between the two countries. The deal, which marks the first significant announcement since Trump reignited a global trade war in January, will result in the reduction of tariffs......

Why more Americans are moving to Spain under the Beckham Law

A growing number of Americans are choosing to make Spain their home, with the country’s Beckham Law serving as a key incentive despite recent controversies. According to Spain's National Statistics Institute (INE), the number of U.S. citizens residing in Spain surged from 40,159 in 2022 to......

UAE invests in Morocco-Nigeria gas pipeline project

Following interest from the United States, the United Arab Emirates is reportedly set to co-fund a monumental $25 billion initiative to construct the Morocco-Nigeria gas pipeline. This ambitious project aims to enhance energy cooperation across Africa and establish Morocco as a pivotal regional hub for......

US and China set for trade talks in Switzerland amid escalating tariff dispute

The United States and China are scheduled to meet in Switzerland this week to begin formal trade discussions, marking the first official talks between the two countries since the onset of a new wave of tariffs. The talks come at a time of heightened economic tension following US President Donald Trump's......

Spain defends Beckham Law against 'tax trap' claims

Spain’s tax agency has vehemently rejected allegations from a UK-US law firm, asserting that the Beckham Law constitutes a “tax trap” that unfairly exploits foreigners relocating to the country. The law firm, led by American-Canadian Robert Amsterdam, has faced significant backlash......

Oil prices drop following unexpected OPEC+ output increase

Oil prices dropped sharply after key OPEC+ members, including Saudi Arabia and Russia, announced an increase in production of 411,000 barrels per day for June. This follows a similar decision the previous month that had already triggered a decline in prices. The price of Brent crude dipped nearly four......

CEOs urge Trump to end trade war policy

The business community's enthusiasm for President Donald Trump's second term has significantly diminished, particularly due to his tariff impositions. These tariffs, which affect nearly every country, have created uncertainty and the potential for a recession, prompting CEOs to urge the president......

Australia vows to protect its screen industry from Trump tariffs

The Australian government has pledged to fight "unequivocally" for its screen industry following United States President Donald Trump's recent announcement of a 100 percent tariff on films produced outside of the U.S. Home Affairs Minister Tony Burke expressed his commitment to safeguarding......

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