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Trump Vows to Slash U.S. Drug Prices With “Most Favored Nation” Order

May 12, 2025 00:57 am UTC| Politics Governance

President Donald Trump announced plans to sign an executive order aimed at significantly lowering U.S. prescription drug prices by tying them to the lowest costs paid internationally. In a Truth Social post on Sunday,...

Albania Votes as PM Edi Rama Seeks Fourth Term Amid Corruption Concerns

May 11, 2025 08:53 am UTC| Politics

Albanians went to the polls on Sunday as Prime Minister Edi Rama aims for a historic fourth term in a parliamentary election marked by EU membership promises and mounting corruption allegations. Voting began at 7 a.m....

Colombia Grants Asylum to Panama’s Ex-President Ricardo Martinelli Amid Legal Turmoil

May 11, 2025 08:47 am UTC| Politics

Colombia has officially granted political asylum to Panamas former President Ricardo Martinelli, who has faced mounting legal troubles in his home country. The Colombian Foreign Ministry announced the decision on Saturday,...

Putin Proposes May 15 Peace Talks with Ukraine in Turkey, Trump Welcomes Initiative

May 11, 2025 05:44 am UTC| Politics

Russian President Vladimir Putin has proposed direct peace talks with Ukraine to be held in Istanbul on May 15, aiming to end the war that began in February 2022. Putin said the negotiations would focus on long-term peace...

Japan PM Ishiba Pushes for Zero Tariffs in U.S. Trade Talks

May 11, 2025 05:38 am UTC| Politics

Japanese Prime Minister Shigeru Ishiba emphasized his commitment to eliminating all tariffs in ongoing trade negotiations with the United States. Speaking on Fuji Television, Ishiba stated that bilateral discussions are...

Newark Mayor Ras Baraka Arrested at ICE Detention Center Amid Tensions

May 10, 2025 23:06 pm UTC| Politics

Newark Mayor Ras Baraka, a Democrat and gubernatorial candidate, was arrested Friday outside Delaney Hall, a privately operated ICE detention facility in Newark, New Jersey. The arrest occurred during an unannounced visit...

House Republicans Push to Make Trump’s 2017 Tax Cuts Permanent

May 10, 2025 23:02 pm UTC| Politics Governance

The House Ways and Means Committee released a 28-page draft on Friday outlining key elements of President Donald Trumps proposed tax overhaul, aiming to make the 2017 tax cuts permanent. The proposal boosts the child tax...

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Economy

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile

The British economy recorded modest growth in the third quarter of 2025, expanding by 0.1% between July and September, according to the latest confirmation from the Office for National Statistics (ONS). The final GDP...

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

German exports to the United States recorded a significant downturn in 2025, underscoring the lasting impact of U.S. trade policies on Europes largest economy. According to a study cited by Reuters, German car exports to...

Politics

Trump Appoints Jeff Landry as Greenland Envoy, Sparking Diplomatic Backlash from Denmark

U.S. President Donald Trump has reignited international controversy by appointing Louisiana Governor Jeff Landry as his special envoy to Greenland, a move that has drawn sharp criticism from both Denmark and Greenland. The...

Netanyahu to Raise Iran Nuclear Concerns in Upcoming Meeting With Trump

Israeli Prime Minister Benjamin Netanyahu said he will discuss Irans nuclear activities and regional security challenges during his visit next week to Washington, where he is scheduled to meet U.S. President Donald Trump....

US Coast Guard Intensifies Operations Against Venezuelan Oil and Drug Trafficking Networks

The United States Coast Guard has significantly expanded its maritime operations targeting vessels allegedly involved in drug trafficking and the transportation of Venezuelan crude oil, as part of a broader strategy to...

Kremlin Rejects U.S. Intelligence Claims on Putin’s Alleged Plans to Expand War Beyond Ukraine's

The Kremlin has firmly rejected claims attributed to U.S. intelligence suggesting that Russian President Vladimir Putin intends to seize all of Ukraine and potentially reclaim parts of Europe that were once under Soviet...

Trump Appoints Louisiana Governor Jeff Landry as Special Envoy to Greenland

U.S. President Donald Trump announced on Sunday that Louisiana Governor Jeff Landry has been appointed as a special envoy to Greenland, a move that has reignited global attention on the strategic Arctic territory and its...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...
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