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Page 675 - World News

Tariff war with US likely to put Canada into recession, say economists

Prime Minister Justin Trudeau's plan to retaliate on C$155 billion ($105 billion) worth of American-made products will trim real gross domestic product growth by 2 to 4 percentage points

Tariff war with US likely to put Canada into recession, say economists
Updated On : 03 Feb 2025 | 10:25 AM IST

Trump's 'tariff thrashing' stimulates crisis response from Canada

Government leaders in Canada also announced more retaliatory measures against the US, and several provinces, including Ontario and Quebec, will remove US products from liquor stores they control

Trump's 'tariff thrashing' stimulates crisis response from Canada
Updated On : 03 Feb 2025 | 10:10 AM IST

DOGE 'rapidly shutting down' Treasury payments to US contractors: Musk

Musk is targeting systems that process tens of billions of dollars a day in payments for US government agencies and the officials that oversee them

DOGE 'rapidly shutting down' Treasury payments to US contractors: Musk
Updated On : 03 Feb 2025 | 10:03 AM IST

Trump bans China's 'de minimis' route: What it is and why it matters

Trump's new tariffs suspend China's de minimis exemption, blocking duty-free shipments under $800 - a move aimed at curbing fentanyl inflows and impacting Chinese e-commerce firms

Trump bans China's 'de minimis' route: What it is and why it matters
Updated On : 03 Feb 2025 | 9:59 AM IST

Trump increases EU tariff threat, plans calls with Canada, Mexico

Trump's comments leave little room for optimism of an agreement to avoid a North American trade war that may spread across the world

Trump increases EU tariff threat, plans calls with Canada, Mexico
Updated On : 03 Feb 2025 | 9:59 AM IST

Will take canal back or something powerful will happen, Trump warns Panama

Military intervention would likely not be required but Panama has breached its agreement with the US, said President Donald Trump

Will take canal back or something powerful will happen, Trump warns Panama
Updated On : 03 Feb 2025 | 9:23 AM IST

Ukraine drone attack forces flight suspensions at many Russian airports

Russia's aviation watchdog Rosaviatsia said that it was suspending flights from the airports of Astrakhan as well as from four others, in Kazan, Nizhnekamsk, Saratov and Ulyanovsk to ensure air safety

Ukraine drone attack forces flight suspensions at many Russian airports
Updated On : 03 Feb 2025 | 9:14 AM IST

N Korea slams Rubio for calling it 'rogue' state in criticism of Trump govt

Rubio's coarse and nonsensical remarks only show directly the incorrect view of the new U.S. administration on the DPRK and will never help promote the US interests as he wishes, it said

N Korea slams Rubio for calling it 'rogue' state in criticism of Trump govt
Updated On : 03 Feb 2025 | 8:45 AM IST

Carter wins posthumous Grammy for narrating book of Sunday school lessons

It's Carter's fourth Grammy. His posthumous Grammy joins his three previous ones for spoken word album

Carter wins posthumous Grammy for narrating book of Sunday school lessons
Updated On : 03 Feb 2025 | 8:42 AM IST

Asian stocks slump, dollar soars as Trump tariffs trigger trade war

Trump slapped Canada and Mexico with duties of 25 per cent and China with a 10 per cent levy at the weekend, as he had threatened last month, calling the measures necessary

Asian stocks slump, dollar soars as Trump tariffs trigger trade war
Updated On : 03 Feb 2025 | 8:08 AM IST

Funeral for slain Hezbollah leader Hassan Nasrallah set for Feb 23

Nasrallah was killed on Sept. 27 after a series of Israeli airstrikes struck several buildings in a southern Beirut suburb

Funeral for slain Hezbollah leader Hassan Nasrallah set for Feb 23
Updated On : 03 Feb 2025 | 8:07 AM IST

Philadelphia plane crash: 5 injured remain in hospital, 3 critical

The investigation into the crash remained ongoing, Parker said, adding that officials were going door-to-door to seek information from neighbourhood residents

Philadelphia plane crash: 5 injured remain in hospital, 3 critical
Updated On : 03 Feb 2025 | 8:03 AM IST

Panama must reduce Chinese influence around canal or face US action: Rubio

Secretary Rubio made clear that this status quo is unacceptable and that absent immediate changes, it would require the United States to take measures necessary to protect its rights

Panama must reduce Chinese influence around canal or face US action: Rubio
Updated On : 03 Feb 2025 | 7:58 AM IST

China denounces US tariffs, says they are open for talks to avoid conflict

Beijing's Commerce and Finance ministries said China will challenge the decision before the World Trade Organization and take unspecified "countermeasures"

China denounces US tariffs, says they are open for talks to avoid conflict
Updated On : 03 Feb 2025 | 7:50 AM IST

Remains of 55 of 67 victims of midair collision recovered: Officials

Authorities said Sunday they have recovered the remains of 55 of the 67 people killed in the deadliest US air disaster since 2001.

Remains of 55 of 67 victims of midair collision recovered: Officials
Updated On : 03 Feb 2025 | 7:27 AM IST

Dubai unveils $100 million mansions to attract world's ultra-rich

Prices across Dubai's booming property market are moderating after surging since 2021. But that's not stopping builders from adding the palatial new homes along the city priciest beach-front location

Dubai unveils $100 million mansions to attract world's ultra-rich
Updated On : 02 Feb 2025 | 11:48 PM IST

Trump's tariffs could impact all carmakers, raising industry concerns

All told, GM plants in Canada and Mexico produced nearly 40 percent of all vehicles the company made last year in North America, the region where it gets most of its revenue

Trump's tariffs could impact all carmakers, raising industry concerns
Updated On : 02 Feb 2025 | 11:43 PM IST

Trump warns Americans may feel 'some pain' from tariffs sparking trade war

Trump railed against Canada's trade surplus with the United States: We don't need anything they have. We have unlimited Energy, should make our own Cars, and have more Lumber than we can ever use

Trump warns Americans may feel 'some pain' from tariffs sparking trade war
Updated On : 02 Feb 2025 | 11:37 PM IST

Syria's interim president visits Saudi Arabia, signaling shift on Iran

Syria's state-run SANA news agency quoted al-Sharaa as saying they worked on raising the level of communication and cooperation in all areas, especially those humanitarian and economic

Syria's interim president visits Saudi Arabia, signaling shift on Iran
Updated On : 02 Feb 2025 | 11:30 PM IST

Musk's DOGE commission gains access to sensitive Treasury payment systems

The move by DOGE, which has been assigned to make the Trump admin more effective, means it could have wide leeway to access important taxpayer data, among other things

Musk's DOGE commission gains access to sensitive Treasury payment systems
Updated On : 02 Feb 2025 | 11:25 PM IST