Israel threatens retaliation against Houthis after missile interception

ISRAEL’S Defence Minister Israel Katz vowed to retaliate against Iran-aligned Houthis after his country’s military intercepted a missile launched from Yemen toward Israeli territory. “The fate of Yemen is the same as that of Tehran,“ Katz said in a statement, referring to last month’s 12-day conflict during which Israel targeted Iran’s nuclear and missile programmes….

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EU toughens stance on Trump tariffs as deadline looms

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…

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Why is the US dollar falling by record levels in 2025?

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…

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Trump says will ‘take a look’ at deporting Musk

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…

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