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U.S. is unable to replace rare earths supply from China, warns CSIS  newsthirst.

Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters As China imposes export controls on rare earth elements, the U.S. would be unable to fill a potential shortfall, according to the Center for Strategic and International Studies — and this could threaten Washington’s…

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Emirates President Tim Clark warns of ‘uncharted territory’ as tariffs hit global aviation newsthirst.

Emirates President Tim Clark warned that the aviation industry is in “uncharted territory” as U.S. President Donald Trump’s sweeping tariffs and trade disputes weigh on global growth and threaten to drive up costs for airlines worldwide. “Right now, we are in troubled times,” Clark told CNBC in an interview recorded March 20 — ahead of…

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Billionaire Trump backer Bill Ackman warns of ‘economic nuclear winter’ over tariffs newsthirst.

Getty Images Bill Ackman switched allegiance to Trump before the 2024 presidential election A billionaire backer of Donald Trump has urged the US president to pause his recently announced trade tariffs, or risk “a self-induced, economic nuclear winter”. Amid market turmoil, hedge fund manager Bill Ackman said the president should take three months to allow…

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Trump administration warns European companies to comply with anti-DEI order newsthirst.

U.S. President Donald Trump gestures, before boarding Air Force One as he departs for Florida, at Joint Base Andrews, Maryland, U.S., March 28, 2025.  Kevin Lamarque | Reuters The Trump administration is broadening its anti-DEI campaign to European companies. Government officials have reportedly sent letters to companies in France and the European Union that hold…

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Trump warns Iran will face ‘dire’ consequences unless Houthi attacks stop newsthirst.

US President Donald Trump has warned Iran that it will face “dire” consequences if Yemen’s Houthis continue to attack international shipping lanes. He said the Iranian leadership would from now on be viewed as having pulled the trigger for “every shot fired by the Houthis”, which have long been backed by Tehran. Trump’s threat came…

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