Tag: All Regions

President Donald Trump says increased tariffs come in response to Ontario’s surcharge on electricity exports to US. US President Donald Trump has announced he will double planned tariffs on Canadian steel and aluminium imports to 50 percent, escalating a trade war with the United States’s northern neighbour. In a social media post on Tuesday morning, Trump said the increased tariffs come in response to a decision by the province of Ontario to put a 25-percent surcharge on electricity exports to…

The Financial Conduct Authority (FCA) announced plans to ease British mortgage lending rules, aiming to help more people buy homes. The regulator is preparing to review and potentially relax stress-testing requirements that assess borrowers’ ability to handle higher interest rates. Additionally, the FCA will launch a public debate in June on the mortgage market, focusing on risk appetite, affordability testing, product innovation, lending to older borrowers, and consumer information needs. A consultation in May will explore ways to simplify remortgaging,…

Video: The asset-management giant BlackRock, which has invested huge amounts in Russian state-owned energy and banks, and which is also invested in rebuilding Ukraine, is now buying property that will give them control over 43 ports in 23 countries, including the ports of Balboa and Cristobal, located at either end of the Panama Canal. Other ports are in Mexico, the Netherlands, Egypt, Australia, Pakistan and elsewhere.

The Trump administration has suspended delivery of all US military aid to Ukraine, a White House official has said, blocking billions in crucial shipments as the White House piles pressure on Ukraine to sue for peace with Vladimir Putin. The decision affects deliveries of ammunition, vehicles, and other equipment including shipments agreed to when Joe Biden was president. It comes after a dramatic blow-up in the White House on Friday during which Donald Trump told Volodymyr Zelenskyy that he was…

The number of Americans applying for UK citizenship rose to the highest on record last year, with Donald Trump’s return to power and UK tax changes contributing to a surge of applications by US citizens in Britain. Over 6,100 US citizens applied last year, the most since records began two decades ago and 26 per cent more than in 2023. Overall applications for UK citizenships were up by 6 per cent to 251,000, another record. Applications by US citizens surged…

US manufacturers reported steep declines in new orders and employment in February, fuelling fears that the economy is losing momentum as growth expectations also fell sharply. The ISM Manufacturing purchasing managers’ index on Monday dropped to 50.3 in February from 50.9 the previous month, leaving it just above contraction territory, while secondary indices pointed to a sharp fall in new orders from 55.1 to 48.6. The Federal Reserve Bank of Atlanta’s running estimate of US GDP growth, also published on…

Unusually for him, Donald Trump made no great fuss as he signed one drily worded executive order last Tuesday. Public attention was distracted that day – by the headline-grabbing drama of Elon Musk bludgeoning his way through the federal bureaucracy, by immigrants deported to Guantánamo Bay, and by the torrent of other directives Trump has issued since his inauguration last month. But Trump’s 69th executive order of his second presidency, under the deceptive title of “Ensuring accountability for all agencies”,…

The following article is from a Russian news source, Tass, which is controlled by the Russian Government. China’s DeepSeek has transformed the global market of artificial intelligence (AI) and has put the leadership of the US in this sphere at jeopardy, the Foreign Affairs magazine said. According to its estimates, DeepSeek is paving the way for China to dominate in the global AI market. The technology of artificial intelligence may create an edge in the military sector, which further emphasizes…

The following article is from a Russian news source, Tass, which is controlled by the Russian Government. /TASS/. A car rammed into pedestrians in Israel, leaving 14 people injured, the Ynet news website reported. The incident happened at a bus stop outside the city of Pardes Hanna. One of the casualties, a 17-year-old girl, is in critical condition. Two more people are in serious condition and another person in medium-severity condition. The others suffered light injuries. The police classified the…

The following article is from a Russian news source, Tass, which is controlled by the Russian Government. CAIRO, February 27. /TASS/. Israel’s unwillingness to leave a section on the border between the Gaza Strip and Egypt – the so-called Philadelphia Corridor – violates the ceasefire agreement in Gaza, said the Palestinian movement Hamas demanding that the mediators force Israel “to fulfill all the terms of the deal.” “The statements that Israel plans to turn the border between Gaza and Egypt…

The villa is stunning. The private swimming pool; the lush, landscaped terrace with firepit; the long dining table with its expansive balcony view; the pingpong table; the piano. But the jewel in the crown, according to the Airbnb listing, is the experience of watching the sun rise over the nearby mountains from the luxury of the generous master bedroom. The villa with views of the Judean mountains is in a settlement located on land seized from Palestinians and considered illegal…

Hungary wants to remove eight individuals from the European Union’s Russia sanctions list and receive fresh guarantees on Ukraine gas transit talks before agreeing to renew the restrictions, EU diplomats said.EU sanctions on Russia – imposed over Moscow’s war against Ukraine – must be renewed every six months by a unanimous vote and Budapest has often used these renewals as bargaining opportunities. On Monday, Hungarian Foreign Minister Peter Szijjarto wrote on Facebook that Budapest would “not consent to rushing ahead” with the…

Austria’s legal fight against Hungarian nuclear reactors built by Russian companies is valid, the adviser to the EU’s top court ruled. Back in 2017, Brussels approved a Budapest request to finance the construction of a new nuclear power plant, Paks II, in the heart of the country. It was to be built by a Russian company, Nizhny Novgorod Engineering. Austria sued and lost a lower court case in 2022. Today, the advocate general of the Court of Justice of the…