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Trump Cuts Lesotho Tariffs to 15% Amid Ongoing Trade Dispute

Aug 01, 2025 01:39 am UTC| Economy Politics Governance

The United States has lowered tariffs on Lesotho to 15% following months of uncertainty that saw the Southern African nation threatened with a 50% duty, the highest rate imposed on any U.S. trading partner. The revised...

Trump Imposes Steep Tariffs on 69 Nations Ahead of Trade Deal Deadline

Aug 01, 2025 01:29 am UTC| Economy Politics Governance

U.S. President Donald Trump has imposed sweeping new tariffs on 69 trading partners, raising import duties between 10% and 41% as a Friday trade deal deadline loomed. Key nations impacted include Canada (35%), Brazil...

Trump Imposes Reciprocal Tariffs Up to 41% on U.S. Imports

Aug 01, 2025 01:27 am UTC| Politics Economy Governance

President Donald Trump signed an executive order Thursday imposing new reciprocal tariffs of 10% to 41% on U.S. imports from dozens of countries. The measure aims to pressure foreign governments into fairer trade terms,...

IMF Approves $2 Billion Disbursement to Argentina Under $20 Billion Program

Aug 01, 2025 01:20 am UTC| Economy

The International Monetary Fund (IMF) has completed its first review of Argentinas $20 billion financial support program, authorizing a $2 billion disbursement to bolster the countrys economic reforms. The review marks a...

Trump Criticizes India-Russia Ties, Confirms 25% Tariff on Indian Imports

Jul 31, 2025 05:18 am UTC| Politics Economy

U.S. President Donald Trump sharply criticized Indias trade relationship with Russia while confirming new tariffs on Indian goods. In a Truth Social post on Thursday, Trump stated that the United States has done very...

Asian Currencies Mixed as Fed Holds Rates, Yen Gains on BOJ Outlook

Jul 31, 2025 05:16 am UTC| Economy

Asian currencies traded mostly flat to lower on Thursday as the U.S. Federal Reserve kept interest rates unchanged and signaled little urgency for future rate cuts, pressuring regional units amid weak Chinese economic...

Trump to Sign Executive Orders Imposing Higher Tariffs on Key U.S. Trade Partners

Jul 31, 2025 03:13 am UTC| Politics Governance Economy

U.S. President Donald Trump is preparing to sign a series of executive orders by Thursday to impose higher tariffs on nations that failed to secure new trade deals with Washington before his self-imposed August 1 deadline,...

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Economy

Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes

Oil prices fell on Friday, ending a two-day rally as traders weighed reports that the United States and Iran were discussing a phased agreement that could eventually reopen the Strait of Hormuz and ease disruptions to...

Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens

The Canadian dollar could remain under pressure through the end of 2026 as diverging monetary policy between the Federal Reserve and Bank of Canada weighs on the currency, according to CIBC Capital Markets. CIBC expects...

Japanese Yen Rebounds as Trump Flags Currency Weakness

The Japanese yen ended a five-day losing streak on Friday, rebounding from the closely watched 160-per-dollar level after Tokyo disclosed that U.S. President Donald Trump had raised concerns about the currencys weakness...

US Comfortable With Canada Trade Standoff as Import Bans Loom

President Donald Trumps administration is prepared to maintain its escalating trade dispute with Canada as new import restrictions approach and Washington threatens additional tariffs on key Canadian industries. U.S. Trade...

Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals

The U.S. dollar weakened on Friday as oil prices retreated, although the currency remained headed for a second consecutive weekly gain as expectations for another Federal Reserve rate hike increased. The Japanese yen,...

Politics

Colombia Extradites FARC Dissident Leader ‘Spider’ to US

Colombia has extradited Geovany Andres Rojas, a senior commander of a dissident faction linked to the former FARC rebel movement, to the United States, where he is wanted on drug-trafficking charges. Rojas, widely known by...

Evan Gershkovich Says FSB Set Trap for 2023 Russia Arrest

Wall Street Journal reporter Evan Gershkovich says Russias Federal Security Service orchestrated an elaborate sting operation that led to his 2023 arrest on espionage charges, according to his first detailed published...

Saudi Arabia Seeks Military Support as Houthi Attacks Escalate

Saudi, Turkish and Pakistani military chiefs were expected to discuss support for Saudi Arabia as escalating Houthi attacks intensify security concerns across the Middle East, while new restrictions on Iranian flights add...

Putin Says Ukraine Peace Proposals Remain on Table

Russian President Vladimir Putin said Friday that proposals aimed at ending the 4-1/2-year war in Ukraine remain under consideration, although Moscow must determine which options best serve Russias interests. Speaking to...

Iran Rejects Nuclear Concessions in Hormuz Deal

Iran will not compromise on its nuclear rights even if the United States accepts Tehrans proposal for reopening the Strait of Hormuz, according to a senior Iranian official, underscoring major obstacles to ending the...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...

Solidigm Eyes $150 Billion IPO as SK Hynix Expands AI Storage Push

SK Hynix subsidiary Solidigm is considering a U.S. initial public offering as early as next year that could value the semiconductor storage company at as much as $150 billion, according to a Reuters report on Friday. The...

Meta Found Liable in New Mexico Facebook Data Privacy Case

A New Mexico jury has found Meta Platforms liable for misleading consumers about Facebook user privacy and data-sharing practices in a case tied to the Cambridge Analytica scandal. The verdict followed a two-week trial in...

DaVoice Sues Perplexity AI Over Trade Secrets

AI technology startup DaVoice has filed a lawsuit against Perplexity AI in California federal court, accusing the artificial intelligence company of misappropriating trade secrets connected to wake word technology used in...
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