Page 631 - World News
Oil prices set to drop for second week as US-China trade war to cut demand
Brent is set to fall 4 per cent this week, adding to an 11 per cent drop in the prior week, while WTI is set to decline 3.8 per cent
 "Oil prices set to drop for second week as US-China trade war to cut demand")
MLK, RFK assassination records will soon be public, says Tulsi Gabbard
Searches were also being done of storage lockers at the FBI, CIA and other agencies to see if other documents can be found, Gabbard said
 "MLK, RFK assassination records will soon be public, says Tulsi Gabbard")
France could recognise Palestinian state in coming months: Emmanuel Macron
Macron expressed his intention to push for Palestinian statehood at a conference co-hosted by France and Saudi Arabia
 "France could recognise Palestinian state in coming months: Emmanuel Macron")
Trump trade war with China revives recession, bear market fears
Battered global markets and anxious global leaders welcomed Wednesday's reprieve when Trump suddenly decided to freeze most of his hefty new duties for 90 days
 "Trump trade war with China revives recession, bear market fears")
US stocks dive as euphoria on Wall Street shifts to trade war fears
The losses for US stocks accelerated Thursday after the White House clarified that the United States will tax Chinese imports at 145 per cent, not the 125 per cent rate that Trump had written about
 "US stocks dive as euphoria on Wall Street shifts to trade war fears")
Federal judge allows Trump to proceed with immigrant registry rule
Judge Trevor N. McFadden of the US District Court for the District of Columbia found plaintiffs had failed to establish likelihood of standing to challenge the registry rule
 "Federal judge allows Trump to proceed with immigrant registry rule")
US envoy to Ukraine Bridget Brink to step down as peace talks uncertain
State Department said Thursday that Bridget Brink will be leaving her post in the near future, although it was not immediately clear exactly when she would depart
 "US envoy to Ukraine Bridget Brink to step down as peace talks uncertain")
Tesla launches in Saudi Arabia with 1st showroom, service centre in Riyadh
The Riyadh event drew a large and diverse crowd from content creators and car enthusiasts to visitors excited about Tesla's launch
 "Tesla launches in Saudi Arabia with 1st showroom, service centre in Riyadh")
US budget deficit hits $1.3 trn in six months, second highest on record
The previous high in the four decades of recordkeeping was $1.7 trillion in the first half of fiscal year 2021, when the government was tackling the Covid-19 pandemic
 "US budget deficit hits $1.3 trn in six months, second highest on record")
Pressed for evidence, US cites power to deport Mahmoud Khalil for beliefs
Khalil, a 30-year-old Palestinian by ethnicity who was born in Syria, was arrested March 8 in New York and taken to a detention centre in Louisiana
 "Pressed for evidence, US cites power to deport Mahmoud Khalil for beliefs")
Trump's tariffs may end quarter-century era of cheap goods for US consumers
Even after Trump's U-turn on Wednesday that paused steep new tariffs on about 60 nations for 90 days, average US duties remain much higher than a couple of months ago
 "Trump's tariffs may end quarter-century era of cheap goods for US consumers")
Oil crash could push Saudi Arabia's budget deficit to $67 bn: Goldman Sachs
Crude has plunged to its lowest level in about four years after US President Donald Trump unveiled new tariffs on almost all countries
 "Oil crash could push Saudi Arabia's budget deficit to $67 bn: Goldman Sachs")
EU, China start talks on lifting EU tariffs on Chinese electric vehicles
The European Union imposed tariffs on Chinese-made electric vehicles (EVs) late last year, saying they were needed to counter cheap loans
 "EU, China start talks on lifting EU tariffs on Chinese electric vehicles")
Trump administration freezes $1.8 billion for Cornell, Northwestern
The White House on late Tuesday confirmed the hold on the public money but offered no further details on what that meant or what grants were affected
 "Trump administration freezes $1.8 billion for Cornell, Northwestern")
'Everything is going to work out well': Trump on tariff reversal decision
After his reversal on social media, Trump's team was put in the unenviable position of trying to spin the media that this was the plan all along, a brilliant strategy
 "'Everything is going to work out well': Trump on tariff reversal decision")
Goldman Sachs cuts China GDP growth forecasts citing tariff impact
However, the report added that "even these significant easing measures are unlikely to fully offset the negative effects of the tariffs
 "Goldman Sachs cuts China GDP growth forecasts citing tariff impact")
Wall Street execs credit Dimon & Ackman for swaying Trump on tariffs
Investors are breathing a sigh of relief, Varadhan replied, according to a person briefed on the discussion. Goldman had just predicted a US recession
 "Wall Street execs credit Dimon & Ackman for swaying Trump on tariffs")
Beijing bites back at US tariffs by imposing curbs on Hollywood movies
After three decades during which China annually imported 10 Hollywood movies, its National Film Administration said Trump's increase of tariffs on Chinese imports would further sour domestic demand
 "Beijing bites back at US tariffs by imposing curbs on Hollywood movies")
New Trump tariffs push total China duties to 145%, key imports spared
The cumulative tariff burden on some Chinese products stands at 145 per cent, including duties left in place from previous administrations
 "New Trump tariffs push total China duties to 145%, key imports spared")
London's Imperial College to open Indian hub in Bengaluru: Prez Hugh Brady
The hub called "Imperial Global India" will be established as a Liaison Office and will focus on strengthening and co-creating new research partnerships
 "London's Imperial College to open Indian hub in Bengaluru: Prez Hugh Brady")