Page 379 - World News

US could collect $300 bn in tariff revenue this year, says Treasury chief

A Treasury spokesperson said the $300 billion target corresponds to the December 31 end of calendar 2025, not the end of the government's fiscal year on September 30

Samsung may shift US supplies to India, eyes Trump's tariff decisions

Samsung asserted that it has a well-strategised diversification plan in place and would respond with flexibility

Shubhanshu Shukla turns farmer in space; grows methi seeds onboard ISS

Shukla and his fellow Axiom-4 astronauts have spent 12 days on the orbital lab and they are expected to return to Earth any day after July 10, depending on the weather conditions off the Florida coast

Turkish court orders ban on Musk's AI chatbot Grok for offensive content

The chatbot, developed by Musk's company xAI, posted vulgarities against Turkish President Recep Tayyip Erdogan, his late mother and personalities, while responding to users' questions

Russia's Lavrov to visit North Korea this week in an effort to boost ties

North Korea's official Korean Central News Agency said Lavrov was invited by the country's Foreign Ministry but did not immediately provide further details

Russia fires drones, missiles at Ukraine overnight; Lutsk hit hardest

Russia has recently sought to overwhelm Ukrainian air defences by launching massive aerial assaults, including adding more decoy drones to its attacks

China imposes export ban on 8 companies tied to Taiwan's military

China's Commerce Ministry added eight Taiwan-based organisations including aerospace and shipbuilding companies to an export control list, citing national and regional security concerns

Fossil fuel combustion caused 1,500 deaths in European heat wave: Study

Researchers compared what the thermometers read last week to what computer simulations say would have happened in a world without planet-warming greenhouse gases from fossil fuel use

Brace for shorter days soon: Earth is rotating faster than ever recorded

In an unexpected twist, Earth's spin is set to accelerate in July and August, leading to the shortest days on record - with July 9, July 22 and August 5 tipped to lose precious milliseconds

Pak govt stepping up efforts to sell cash-strapped PIA by 2025-end: Report

In its previous attempt, the government had set the minimum price at ₹8,503 crore with a ₹4,500 crore negative balance sheet; however, it only managed to secure an offer of ₹1,000 billion

Turkish FM, defence minister to meet Pak PM, look to boost defence ties

The visit reflects the close and brotherly ties between Pakistan and Turkiye, rooted in shared history, culture, and mutual trust

South Korea's Yoon appears in court for hearing on possible arrest warrant

Yoon, who was ousted in April after the Constitutional Court upheld his impeachment, was released from prison in March after the Seoul Central District Court overturned his January arrest

Europe court set to rule on cases against Russia over Ukraine conflict

Judges at the European Court of Human Rights in Strasbourg will rule on four cases, brought by Ukraine and the Netherlands against Russia

Trump threatens 200% pharma, 50% copper tariffs: What it means for India

As trade tensions escalate under Donald Trump, India finds itself in the crosshairs once again. Donald Trump's proposed duties target two of India's biggest export sectors - pharmaceuticals and copper

At least 9 killed, 20 missing as heavy rain floods Nepal-China border

The continuous monsoon rainfall in China on Monday night triggered a flood in the Bhotekoshi River in Nepal

Trump's tariffs may overshadow Rubio's first official trip to Asia

State Department officials say tariffs and trade will not be Rubio's focus during the meetings, which the Trump administration hopes will prioritise maritime safety and security in the South China Sea

SpaceX eyes share sale deals, valuation likely to hit around $400 billion

This would mark the largest-ever valuation for a privately held US company, surpassing SpaceX's previous record of $350 billion from its share buyback in December

China's factory-gate deflation hits 2-year low amid global trade war

The producer price index fell 3.6 per cent in June from a year earlier, worse than a 3.3 per cent decline in May and the largest drop since July 2023

US slaps sanctions on firms linked to North Korea's fake-tech-worker scheme

Thousands of North Korean workers have been posing as nationals from other countries to infiltrate companies in the US and around the world, said the US government

Trump puts pressure on Asian ally South Korea to pay more for its defence

The pressure from Trump comes as North Korea appears to be more emboldened through its growing partnership with Russia