tensions

99 Articles
Economy

Trump signs 19% tariff on Indonesian goods; EU plans $84.1 billion in retaliatory tariffs

President Donald Trump has announced a new trade agreement with Indonesia, imposing a 19% tariff on Indonesian goods imported into the United States....

World

Trump administration orders 2,000 National Guard troops to leave LA, some will remain

The Pentagon has announced the withdrawal of 2,000 National Guard troops from Los Angeles, reducing the federal military presence in the city to...

Economy

South Korea, EU Seek US Trade Deals to Mitigate Tariff Impact

In July 2025, the European Union (EU) and South Korea intensified efforts to negotiate trade agreements with the United States, aiming to mitigate...

Economy

Kazakhstan’s crude oil production in 2025 surged by 7.5%

Kazakhstan’s crude oil production experienced a significant surge, increasing by 7.5% from May to reach 1.88 million barrels per day (bpd). This output...

World

Ferrari Chairman John Elkann and siblings settle €175 million inheritance tax dispute with Italian authorities

John Elkann, Chairman of Ferrari and Stellantis, along with his siblings Lapo and Ginevra, have reached a settlement with Italy’s Revenue Agency over...

World

Guinea-Bissau’s President Umaro Sissoco Embalo announces candidacy for second term amid political tensions and opposition protests

Guinea-Bissau’s President Umaro Sissoco Embalo has declared his intention to seek a second term in the upcoming November elections, a decision that has...

Economy

U.S. President Donald Trump imposes 35% tariff on Canadian imports, escalating trade tensions and impacting global markets

President Donald Trump has escalated trade tensions by announcing a 35% tariff on all Canadian imports, effective August 1, 2025. This move intensifies...

World

Germany’s upper house approves €46 billion corporate tax relief package to stire economy

Germany’s upper house of parliament has approved a €46 billion corporate tax relief package aimed at stimulating the nation’s economy. The package, which...

World

Fiji, Solomon Islands, and Vanuatu submit ocean claims covering 453,400 km² to UN Commission

In a significant move to assert their maritime rights, Fiji, the Solomon Islands, and Vanuatu have jointly submitted claims to the United Nations...

World

El Salvador recalls Mexico Ambassador after drug trafficking claims

El Salvador’s President Nayib Bukele has recalled the country’s ambassador to Mexico following claims by Mexican Security Secretary Omar García Harfuch that a...