US President Donald Trump says the opportunity for Russia to play at the 2026 World Cup could be an “incentive” to end the war in Ukraine. The Russian national football team has been banned from international competition by FIFA and UEFA since the country’s invasion of Ukraine in 2022. Trump campaigned toContinue Reading
Donald Trump says he will talk with Hollywood executives, after an earlier announcement that he would hit films made in foreign countries with 100% tariffs sent shockwaves through the industry. The US president said on Sunday he was authorising the commerce department to start the process to impose the levyContinue Reading
Gold price fell nearly 2% to a two-week low on Thursday May 1, 2025, as signs of easing trade tensions boosted risk appetite and reduced bullion’s safe-haven appeal, while a stronger U.S. dollar also weighed on prices. Spot gold was down almost 2% to $3,222.66 an ounce, after hitting itsContinue Reading
The trade war between the world’s two biggest economies shows no signs of slowing down – Beijing has vowed to “fight to the end” hours after US President Donald Trump threatened to nearly double the tariffs on China. That could leave most Chinese imports facing a staggering 104% tax –Continue Reading
A billionaire backer of Donald Trump has urged the US president to pause his recently announced trade tariffs or risk “a self-induced, economic nuclear winter”. Hedge fund manager Bill Ackman, who lent his support to Trump before the 2024 presidential election, said the president should take three months to allowContinue Reading
The Managing Director of the International Monetary Fund, Kristalina Georgieva, has warned that the US tariffs announced by President Donald Trump pose a significant risk to the global outlook at a time of sluggish growth. In a statement, the IMF boss said her outfit is still assessing the macroeconomic implicationsContinue Reading
U.S. customs agents began collecting President Donald Trump’s unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week. The initial 10% “baseline” tariff took effect at U.S. seaports, airports and customs warehouses at 12:01 a.m.Continue Reading
U.S. President Donald Trump on Friday extended the deadline for the sale of ByteDance’s U.S. assets of short video app TikTok, saying “tremendous progress” had been made but more work was needed to secure approvals. Trump added that he looked forward to working with TikTok and China to close theContinue Reading
Egyptian President Abdel Fattah al-Sisi and U.S. President Donald Trump discussed mediation efforts to restore regional calm, which would have a positive impact on Red Sea navigation and end economic losses for all parties, the Egyptian presidency said on Tuesday. The Iran-aligned Houthis have carried out more than 100 attacksContinue Reading
President John Dramani Mahama has announced that Ghana will invest in increasing food production in response to the suspension of USAID, which has long been a key source of aid for Africa. The move follows the decision by former U.S. President Donald Trump to shut down USAID, citing concerns overContinue Reading