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Washington has signalled to Brussels that the most likely first-stage agreement is a UK-style phased deal that leaves some tariffs in place while talks continue, according to EU officials © Sean Gallup/Getty Images European capitals have hardened their position in trade talks with Donald Trump, insisting the US drops its tariffs on the EU immediately…
The United States dollar has had its worst first six months of the year since 1973, as President Donald Trump’s economic policies have prompted global investors to sell their greenback holdings, threatening the currency’s “safe-haven” status. The dollar index, which measures the currency’s strength against a basket of six others, including the pound, euro and…
WASHINGTON: US President Donald Trump said Tuesday he could consider deporting Elon Musk, after the South African-born billionaire slammed his flagship spending bill. Trump also said the Department of Government Efficiency (DOGE) — which Musk headed before stepping down late May — may train its sights on the Tesla and SpaceX founder’s government subsidies. “I…
Spain and Portugal record hottest June ever as heatwave grips Europe A woman fans herself during the June heatwave in Madrid Both Portugal and Spain recorded their hottest June ever as scorching temperatures continue to grip Europe. Spain’s national weather service Aemet said the country’s “extremely hot” June 2025 “has pulverised records”, surpassing the normal…
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…
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,…
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…
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…
LOS ANGELES: The Trump administration has intensified its immigration crackdown by suing Los Angeles over its sanctuary city policies, which limit cooperation with federal immigration enforcement. The lawsuit, filed by the US Justice Department, targets the city, Mayor Karen Bass, and the Los Angeles City Council, accusing them of obstructing federal immigration laws. This legal…
