World News

UN chief cites India-EU FTA, stresses need to support 'multipolarity'

India and the European Union on Tuesday sealed a landmark free trade agreement-- billed as the "mother of all deals"

Trump admin likely to back Kevin Warsh for next Federal Reserve chair

Trump has openly sought to shape Fed's rate policy through his appointments in an effort to find someone broadly acceptable to markets who'll also share his inclination to cut rates further and faster

US seeks to quell fears that Trump's 'Board of Peace' will replace UN

The Board of Peace is a core element of Trump's 20-point plan that helped broker a ceasefire between Israel and Hamas last year

Amazon in early talks to invest upto $50 billion in OpenAI, expand ties

If the negotiations come to fruition, Amazon would contribute as much as half of a fresh funding round that could total up to $100 billion

US eases sanctions, issues license for oil firms to operate in Venezuela

The license covers variety of activities that could expedite the movement of Venezuelan oil, including exporting, selling, storing, refining that oil, as long as the work is performed by a US entity

Wall Street bonanza won't prevent NYC's looming financial crisis: Mamdani

Financial industry is key contributor to New York's tax base, accounting for about 7% of the city's tax revenue during the 2024 fiscal year, that's why it's profits are closely watched by officials

Trump admin plans to dial back ICE agents in Minnesota after protests

Tom Homan, Trump's 'border czar,' said that officials from Customs and Border Protection and ICE are working on a 'draw down plan' that hinges on cooperation from local, state and federal officials

EU lists Iran's Revolutionary Guard as terrorist group, sanctions follow

European Union ministers approved adding Iran's Revolutionary Guard to the terror list and announced sanctions; Iran hit back, calling the move a 'major strategic mistake'

Trump sues IRS, Treasury for $10 billion over leak of tax records

Trump has filed a $10 billion lawsuit against the IRS and the Treasury Department, accusing the agencies of failing to prevent the leak of his tax information to media outlets

Venezuela passes major oil law reform, opening doors for foreign firms

The overhaul also enables authorities to lower taxes and royalties paid to the government, although Petroleos de Venezuela will remain under state ownership

Trump says Putin 'agreed' not to attack Kyiv for a week during cold spell

Trump stated that Putin has 'agreed', but there was no confirmation of that from Russia

Trump signs executive order to launch nationwide drug recovery initiative

Trump said the initiative would bring together efforts across federal, state and local governments as well as the private sector

Democrats, White House strike spending deal, avert partial govt shutdown

Democrats and the White House struck a deal to avoid a partial US government shutdown by temporarily funding the Department of Homeland Security

Israel returns 15 Palestinian bodies in final exchange under Gaza ceasefire

The return of all remaining hostages, living or dead, had been a key part of the first phase in the ceasefire that paused the war

Trump threatens 50% tariff on Canadian aircraft as trade dispute deepens

Trump's threat came after he threatened over the weekend to impose a 100 per cent tariff on goods imported from Canada if it went forward with a planned trade deal with China

Trump says Venezuelan airspace to reopen, Americans can visit soon

Trump has instructed his transportation secretary, Sean Duffy, and US military leaders to take steps to open the airspace for travel

Trump signs order to impose tariffs on countries supplying oil to Cuba

President Trump signed an executive order to impose tariffs on goods from countries supplying oil to Cuba, tightening pressure on Mexico

'Very disappointed' with Europeans, says Bessent after India-EU trade deal

After the India-EU FTA, US Treasury Secretary Scott Bessent slams Europe for prioritising trade over sanctions on Russian oil amid the Ukraine war

Britain, China hail reset in ties as Starmer seeks 'sophisticated' bond

Britain and China signalled a reset in relations as PM Keir Starmer met President Xi Jinping to boost trade, investment and cooperation amid global uncertainty

Sunglasses and global turmoil give Macron a rare lift at home and abroad

Emmanuel Macron gains rare political momentum as his defiant Davos stance and global turmoil boost his standing at home, even as deep challenges persist in France and Europe