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On Monday, President Donald Trump began notifying trade partners of sharply higher U.S. tariffs from August 1, after he delayed all but 10% of his April duties on most countries to give them time to strike deals with the world’s largest economy. China, initially singled out with tariffs exceeding 100%, has until August 12 to…
Crude futures were edging lower in early trading after gaining nearly 2% in the previous session, as investors weigh President Donald Trump’s renewed tariff threats and OPEC+’s large output hike. Brent crude was down 0.1% to $69.55 a barrel, while WTI fell 0.2% to $67.81 a barrel. Trump sent letters to several countries outlining tariff…
Nearly 80 per cent of 4,800 Uber drivers polled in Hong Kong are worried that a strict quota or high licensing fees under coming new regulations for ride-hailing platforms will threaten their livelihoods. The results of the poll conducted by platform operator Uber in June were revealed on Tuesday, just days after Secretary for Transport…
In total silence, Sister Elisaveta stitched the sacred headwear for which her monastery in North Macedonia is renowned throughout the Orthodox world. In her careful hands, the mitre glimmered as if spun from gold. The bulbous silk crown, now repaired, was again fit for a bishop. Nestled between mountains and overlooking a placid lake about…
Ayatollah Ali Khamenei has defined his rule and Iran’s place in the world through his hostility to Israel and the US. But the recent airstrikes on his regime’s nuclear program are intensifying scrutiny of the 86-year-old cleric. Bloomberg’s Patrick Sykes breaks down the situation. (Corrects spelling of reporter’s name in video description.) Source link
A suspected bomb has been found in Hong Kong’s Tsim Sha Tsui, prompting police to temporarily cordon off busy Granville Road and call in explosive disposal experts. The force said on Tuesday that it was discovered at a construction site on Mody Road near the west area of Urban Council Centenary Garden in East Tsim…
China warned the Trump administration on Tuesday against reigniting trade tensions by reinstating tariffs on Chinese goods next month and threatened retaliation against countries that align with the U.S. to exclude China from supply chains. While a trade framework agreed in June had paused hostilities, uncertainty remains over whether it will hold. On Monday, President…
MEXICO CITY (AP) — A fierce protest in Mexico City railing against gentrification and mass tourism was fueled by government failures and active promotion to attract digital nomads, according to experts, who said tension had been mounting for years. The criticism comes after Mexican President Claudia Sheinbaum alleged that Friday’s protest was marked by xenophobia,…
KATHMANDU, Nepal (AP) — A mountain river flooded by monsoon rains swept away the main bridge connecting Nepal with China and 18 people were also swept away by the flooding Tuesday, Nepali authorities said. Rescue efforts were underway as officials assess the damage and search for the missing people. An army helicopter was able to…
SARWORLOR, Liberia (AP) — Five months ago, Roseline Phay, a 32-year-old farmer from the West African nation of Liberia, set off on a quest to find contraceptives. Phay and her partner have two daughters, and they barely make ends meet. Determined not to have more children, she went to a health worker in her village,…