The U.K. and U.S. agreed to a landmark trade deal on Thursday — yet the agreement appears to be far from free of tariffs. The deal is the first made by the United States since President Donald Trump unveiled his so-called reciprocal tariffs on countries around the world last month. The United Kingdom’s position as…
Workers have been told to hurry home, classes have been suspended and outdoor events have been cancelled as northern China braces for extreme winds this weekend. Millions have been urged to stay indoors, with some state media outlets warning that people weighing less than 50kg (110lbs) may be “easily blown away”. Winds reaching 150kph (93mph)…
Reuters US President Donald Trump’s advisers defended sweeping tariffs on imports and vowed to stay the course, despite market turmoil and calls to avoid a trade war. In a series of television interviews, Treasury Secretary Scott Bessent played down recent stock market falls and Howard Lutnick, the commerce secretary, insisted “tariffs are coming”. Bessent said…
Ukrainian President Volodymyr Zelensky has said he hopes the US will “stay strong” in the face of Russian demands to lift sanctions as a condition for a ceasefire in the Black Sea. Moscow said a maritime truce announced on Tuesday to allow safe passage for commercial vessels would only begin once Western restrictions on Russia’s…
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. Despite surveys indicating that confidence is at a nearly three-year low amid increasing worries about inflation, Moynihan told CNBC that spending data shows consumers are still shelling out money, though shifting…
Europe should “take its destiny in its own hands” and strive to keep new defense budgets within its own borders, according to the chief executive of French defense giant Thales. The European Union plans to mobilize as much as 800 billion euros ($841 billion) to ramp up defense spending. The announcement came after the U.S….
Europe should “take its destiny in its own hands” and strive to keep new defense budgets within its own borders, according to the chief executive of French defense giant Thales. The European Union plans to mobilize as much as 800 billion euros ($841 billion) to ramp up defense spending. The announcement came after the U.S….
Reuters Hundreds of US aid programmes have been frozen in countries around the world The top judge in the United States has given temporary backing to the Trump administration’s freeze on foreign aid payments. Supreme Court Chief Justice John Roberts’ intervention came as the administration faced a midnight deadline (05:00 GMT on Thursday) to pay…
Nikos Papanikolaou BBC News Margarita Karamolegkou and Matthaios Fytros Margarita Karamolegkou and Matthaios Fytros are among the people who haven’t left Santorini On a calm summer day on Santorini in July 1956, the ground turned against its people. “I remember our dog and bird acting strangely. Then, the earthquake struck,” 83-year-old Eirini Mindrinou recalls, her…
Reuters The deadline for the Israeli withdrawal from southern Lebanon expired early on Sunday, but troops will remain in some areas as Israel says a ceasefire deal with Hezbollah has not been fully implemented. The 60-day agreement, which was brokered by the US and France and put an end to 14 months of conflict, stipulated…
