The S&P 500, a key US stock market index, closed in correction territory on Thursday as the volatility of Donald Trump’s trade wars rattled investors. The index closed more than 10% down from its 19 February peak as Wall Street approaches the end of a second week of pressure. The technology-focused Nasdaq Composite also closed…
With tears in their eyes, mothers of children who died in Brazil’s worst environmental disaster – the 2015 Mariana dam collapse – demanded justice for their loved ones as submissions in their London lawsuit came to an end on Thursday. Nineteen people were killed when the Mariana dam in south-eastern Brazil collapsed and unleashed a…
When Tony Blair looked back on his time in power, he had a simple assessment of his decision to introduce the Freedom of Information Act: “You idiot.” While the technology secretary, Peter Kyle, is a fan of the former prime minister, he may be inclined to agree with that verdict after the act was used…
Train managers on Britain’s biggest intercity service, Avanti West Coast, have settled a dispute over rest-day working, ending a series of weekend strikes. The RMT union said 87% of its members had voted to accept a deal including additional pay for working weekends and an agreement on the allocation of staffing for extra shifts. The…
Azerbaijan and Armenia have successfully wrapped up peace talks aimed at resolving their decades-long conflict. The foreign ministries of the Caucasus neighbours say a peace treaty has been agreed in what would be in a breakthrough in a region where Russia, the EU, the US and Turkey all jostle for influence. Two wars were fought…
The mayor of Miami Beachis attempting to evict an independent cinema from city-owned property after it screened No Other Land, the film about Palestinian displacement in the West Bank that just won the Oscar for best documentary. Steven Meiner’s proposal would terminate O Cinema’s lease and withdraw $40,000 in promised grant funding. In a newsletter…
US pharmaceutical companies based in Ireland are more likely to shift profits back to the US than close manufacturing plants after Donald Trump accused Ireland of stealing American tax and jobs, experts say. Aidan Regan, a professor of political economy at the University College Dublin, said the US president was right to call out the…
A Ukrainian soldier has been praised for saving the life of a stabbing victim during a trip to Venice. Yanis Tereshchenko, a 32-year-old teacher who enlisted in the Ukrainian army’s third assault brigade immediately after Russia’s full-scale invasion in 2022, was on his way to his hotel with his wife and his five-year-old son in…
Germany’s outgoing parliament is meeting on Thursday to debate the creation of a €500bn fund for infrastructure investment and radical changes in the country’s borrowing limits in order to boost defence spending. Friedrich Merz, whose conservatives won last month’s election and who is on the verge of becoming the new chancellor, wants to seal the…
Germany’s outgoing parliament is meeting on Thursday to debate the creation of a €500bn fund for infrastructure investment and radical changes in the country’s borrowing limits in order to boost defence spending. Friedrich Merz, whose conservatives won last month’s election and who is on the verge of becoming the new chancellor, wants to seal the…
