In June 2025, inflation across the euro area climbed back to 2.0 percent, aligning with the European Central Bank’s (ECB) medium‑term goal. This figure marks a modest increase from May’s 1.9 percent and reinforces the narrative that the era of runaway inflation may have officially ended. 📈 What the Numbers Reveal 🔍 Drivers Behind the Shift 🏦…
As July 9, 2025 approaches, the Biden–Trump tariff saga enters a critical new phase. With the deadline looming for the possible reimposition of steep reciprocal tariffs, U.S. trade negotiators have recalibrated their approach—setting aside earlier ambitions for sweeping trade deals in favor of more targeted, sectoral agreements. 1. From Grand Vision to Tactical Moves In early April,…
NEW DELHI: India’s capital banned fuel sales to ageing vehicles on Tuesday as authorities try to tackle the sprawling megacity’s hazardous air pollution. The city is regularly ranked one of the most polluted capitals globally with acrid smog blanketing its skyline every winter. At the peak of the smog, levels of PM2.5 pollutants — dangerous…
After being in the rumor mill for more than a year, Michael Porter Jr. and Cameron Johnson will be trading places. On Monday, the Denver Nuggets agreed to send Porter and an unprotected 2032 first-round pick to the Brooklyn Nets in exchange for Johnson, according to ESPN’s Shams Charania. Johnson, 29, is coming off the…
WASHINGTON: U.S. President Donald Trump suggested on Tuesday that his efficiency department should take a look at the subsidies that Tesla CEO Elon Musk’s companies have received in order to save the federal government “BIG” money. Trump’s comments come after billionaire Elon Musk renewed his criticism on Monday of Trump’s sweeping tax-cut and spending bill,…
Getty Images The New York Knicks‘ coaching search has led them to Dawn Staley, the longtime women’s coach at South Carolina and one of the most accomplished players and coaches the women’s game has ever seen. South Carolina athletic director Jeremiah Donati recently confirmed that the Knicks have indeed reached out to Staley. “If I…
WASHINGTON: Iran-linked hackers have threatened to disclose more emails stolen from U.S. President Donald Trump’s circle, after distributing a prior batch to the media ahead of the 2024 U.S. election. In online chats with Reuters on Sunday and Monday, the hackers, who go by the pseudonym Robert, said they had roughly 100 gigabytes of emails…
Getty Images NBA free agency is here. Players can officially begin negotiating with teams across the league as of Monday evening. There will be a flurry of activity this week. But many of the biggest names who could’ve been part of the free-agent pool stayed put without testing the waters. LeBron James, James Harden, Kyrie…
India has cut crude imports from Russia, Saudi Arabia and Iraq to buy more from the US ahead of Trump’s reciprocal tariffs © 2017 Bloomberg Finance LP Good morning. The Brics meeting is this week, and both Prime Minister Narendra Modi and finance minister Nirmala Sitharaman are expected to travel to Brazil for it. Neither…
US Treasury says it removed 518 Syrian individuals and entities from its list of sanctions after president’s decree. Washington, DC – United States President Donald Trump has signed an executive order to dismantle a web of sanctions against Syria, a move that will likely unlock investments in the country more than six months after the…
