Vladimir Putin is demanding that Ukraine give up the Donetsk and Luhansk regions that together form Donbas as a condition to unlock a ceasefire
Ukrainian President Volodymyr Zelenskyy will visit Berlin on Wednesday to join German Chancellor Friedrich Merz for talks with European and US leaders ahead of the Trump-Putin summit later this week, the German government said. Merz has convened a series of virtual meetings on Wednesday in an attempt to have the voice of European and Ukraine's leaders heard ahead of a summit that they have been sidelined from. Zelenskyy is due to meet with European leaders first, to prepare for a virtual call with US President Donald Trump and Vice President JD Vance about an hour later. A call between leaders involved in the coalition of the willing countries prepared to help police any future peace agreement will take place last. Trump has said he wants to see whether Putin is serious about ending the war, now in its fourth year. Trump has disappointed allies in Europe by saying Ukraine will have to give up some Russian-held territory. He also said Russia must accept land swaps, although it was
Ukrainian President Volodymyr Zelenskyy warns of fresh Russian offensives as Trump and Putin prepare for talks in Alaska without Kyiv at the table
When US President Donald Trump and Russian President Vladimir Putin meet in Alaska on Friday, it will be the latest chapter in the 49th state's long history with Russia and with international tensions. Siberian fur traders arrived from across the Bering Sea in the first part of the 18th century, and the imprint of Russian settlement in Alaska remains. The oldest building in Anchorage is a Russian Orthodox church, and many Alaska Natives have Russian surnames. The nations are so close Alaska's Little Diomede Island in the Bering Strait is less than 5 kilometres from Russia's Big Diomede that former Gov. Sarah Palin was right during the 2008 presidential race when she said, You can actually see Russia from land here in Alaska, though the comment prompted jokes that that was the extent of her foreign policy experience. Alaska has been US territory since 1867, and it has since been the location of the only World War II battle on North American soil, a focus of Cold War tensions and t
Donald Trump will be meeting Vladimir Putin in Anchorage, Alaska, where the two leaders will hold a one-on-one conversation regarding the Russia-Ukraine war
Though China has no role in operating the canal, Hong Kong-based conglomerate CK Hutchison Holdings Ltd has operated ports on the Atlantic and Pacific sides
EJ Antoni criticised the monthly employment report as 'flawed' and proposed replacing it with more accurate, though less timely, quarterly data for US economic planning
The US budget deficit in July climbed 20 per cent this fiscal year compared to the last despite the US taking in record income from President Donald Trump's tariffs, according to Treasury Department data released Tuesday. The US saw a 273 per cent increase - or USD21 billion - in customs revenue in July over the same period last year, the data showed. A Treasury official who spoke on the condition of anonymity to preview the data said overall increased spending is in part due to a mix of expenditures, including growing interest payments on the public debt and cost-of-living increases to Social Security payouts, among other costs. This comes as the federal government's gross national debt creeps up to the USD37 trillion mark. Even as Trump talks about America becoming rich because of his import tax hikes, federal spending keeps outpacing the revenues collected by the government. That financial picture might change as companies exhaust their pre-tariff inventories, forcing them to ...
The Trump administration on Tuesday released human rights reports for countries worldwide, which eliminate mentions of discrimination faced by LGBTQ people, reduce a previous focus on reproductive rights and criticise restrictions on political speech by US allies in Europe that American officials believe target right-wing politicians. The reports, which cover 2024 before President Donald Trump took office, reflect his administration's focus on free speech and protecting the lives of the unborn. However, the reports also offer a glimpse into the administration's view of dire human rights conditions in some countries that have agreed to accept migrants deported from the United States under Trump's immigration crackdown. This year's reports were streamlined for better utility and accessibility in the field and by partners, the State Department said. The congressionally mandated reports in the past have been frequently used for reference and cited by lawmakers, policymakers, academic ..
Trump did not specify which Goldman report he was referring to, but Goldman has taken a bearish position on Trump's tariffs. The Wall Street investment bank declined to comment on the matter
Trump in a social media post on Tuesday resumed his criticism of the Fed chair over the central bank's decision to hold interest rates steady and again hammered Powell over the renovation work
President Donald Trump has said that he has nominated E.J. Antoni, chief economist at the conservative Heritage Foundation, to head the agency that compiles and publishes the nation's employment and inflation figures. Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE, Trump said on social media late Monday. Antoni, if approved by the Senate, would replace Erika McEntarfer, who was appointed commissioner of the Bureau of Labor Statistics by former President Joe Biden. Trump fired McEntarfer Aug. 1 after the July jobs report showed hiring slowed sharply this spring, with job gains in May and June revised much lower than initially estimated. Trump accused McEntarfer, without evidence, of rigging the jobs data for political reasons. The announcement comes one day before the BLS is scheduled to release the latest inflation data, for July. It is forecast to show that consumer prices rose for the third straight month as tariffs are pushing up t
Trump paused China tariffs for 90 days, hours before the deadline was set to expire. If the deadline had expired, the US could have increased taxes on Chinese imports back to where they stood in April
European Union leaders appealed on Tuesday to US President Donald Trump to defend their security interests at a key summit with his Russian counterpart Vladimir Putin later this week over the war in Ukraine. The Europeans are desperate to exert some influence over a Friday meeting that they have been sidelined from. It remains unclear whether even Ukraine will take part. Trump has said that he wants to see whether Putin is serious about ending the war, now in its fourth year. But Trump has disappointed US allies in Europe by saying that Ukraine will have to give up some Russian-held territory. He also said that Russia must accept land swaps, although it remains unclear what Putin might be expected to surrender. The Europeans and Ukraine are wary that Putin, who has waged the biggest land war in Europe since 1945 and used Russia's energy might to try to cow the EU, might secure favourable concessions and set the outlines of a peace deal without them. In a statement early on Tuesday,
President Donald Trump has taken control of the District of Columbia's law enforcement and ordered National Guard troops to deploy onto the streets of the nation's capital, arguing the extraordinary moves are in response to an urgent public safety crisis. Even as district officials questioned the claims underlying his emergency declaration, the president promised a "historic action to rescue our nation's capital from crime, bloodshed, bedlam and squalor and worse." His rhetoric echoed that used by conservative politicians going back decades who have denounced American cities, especially those with majority non-white populations or led by progressive politicians, as lawless or crime-ridden and in need of outside intervention. This is liberation day in D.C., and we're going to take our capital back, Trump promised Monday. Trump's action echoes uncomfortable historical chapters But for many residents, the prospect of federal troops surging into the district's neighbourhoods represent
President Donald Trump said Monday that he expected to determine mere moments into his meeting with Russian leader Vladimir Putin this week whether it would be possible to work out a deal to halt the war in Ukraine. At the end of that meeting, probably the first two minutes, I'll know exactly whether or not a deal can be made, Trump said at a White House press conference that he called to announce plans for a federal takeover of Washington's police force to help combat crime. He said he thought Friday's sitdown with Putin in Alaska would be "really a feel-out meeting". Trump added that it'll be good, but it might be bad and predicted he may say, "lots of luck, keep fighting. Or I may say, we can make a deal. Putin wants to lock in Russia's gains since invading Ukraine in February 2022 as Trump presses for a ceasefire that has remained out of reach. Trump's eagerness to reach a deal has raised fears in Ukraine and Europe about such an agreement favouring Russia, without sufficient .
US President Donald Trump meets Intel CEO Lip-Bu Tan days after calling for his resignation over alleged China links amid US chip industry scrutiny
Earners in the middle of the distribution will see their annual resources grow by about $800 to $1,200 on average, according to the analysis
South Korea's new President Lee Jae Myung will travel to Washington later this month to meet with US President Donald Trump, Lee's office said Tuesday, for talks on trade and defence cooperation in the face of nuclear-armed North Korea and other threats. Their August 25 summit will follow a July trade deal in which Washington agreed to cut its reciprocal tariff on South Korea to 15 per cent from the initially proposed 25 per cent and to apply the same reduced rate to South Korean cars, the country's top export to the United States. South Korea also agreed to purchase USD 100 billion in US energy and invest USD 350 billion in the country, and the leaders could use their meeting to discuss expanding cooperation in key industries such as semiconductors, batteries and shipbuilding, Lee's spokesperson Kang Yu-jung said. The meeting also comes amid concerns in Seoul that the Trump administration could shake up the decades-old alliance by demanding higher payments for the US troop presence
In a first since DC's 1973 Home Rule Act, Trump invokes emergency powers to federalise policing and send troops into the capital's streets