Month: August 2025

DUBAI: Iran’s foreign ministry spokesperson Esmaeil Baghaei said on Tuesday that Tehran told Europe’s top three powers the revival of the “snapback” mechanism, re-mposing UN sanctions on Iran, will have consequences. Baghaei said Tehran told Europeans during a meeting in Geneva they do not have the right to trigger the mechanism, adding both sides would… Continue reading Iran warns European powers of consequences for UN sanctions move

WASHINGTON: The United States Department of Commerce issued affirmative determinations of anti-dumping and countervailing duties against 10 countries on Tuesday. These determinations follow investigations into corrosion-resistant steel products imported into the American market. The measures cover approximately $2.9 billion in imports from Australia, Brazil, Canada, Mexico, and the Netherlands. Additional countries affected by these duties… Continue reading US imposes anti-dumping duties on steel imports from 10 countries

WASHINGTON: U.S. President Donald Trump said on Tuesday that U.S. colleges would struggle without Chinese students, amid backlash from his base after he suggested he could let 600,000 Chinese college students into the country as part of trade talks with the economic rival. – Reuters

WASHINGTON: US President Donald Trump stated he has identified a potential candidate to replace Federal Reserve Governor Lisa Cook, whom he intends to remove from her position. “I think we have some very good people we’re down to,“ Trump said during a Cabinet meeting. “I mean, I think I maybe, in my own mind, have… Continue reading Trump says he has someone in mind to replace Fed Governor Cook

META said on Tuesday it will launch a California-focused political action committee to back state-level candidates favoring lighter regulation of technology, particularly artificial intelligence. The group, named Mobilizing Economic Transformation Across California — a super-PAC, will support candidates for state offices from either party who advocate AI innovation over stringent rules. The Facebook and Instagram… Continue reading Meta launches California super-PAC to back pro-AI candidates

BOGOTA: At least 34 soldiers were kidnapped by armed civilians in a jungle area of southeastern Colombia after clashes that left 11 guerrillas dead, including a commander of a dissident faction of the former FARC rebel group, Defense Minister Pedro Sanchez said on Tuesday. The clashes occurred in a rural part of the El Retorno… Continue reading 34 Colombian soldiers kidnapped by FARC dissidents after jungle clashes

BERLIN: Canada is working with its allies to potentially fund critical mineral transactions, similar to what the U.S. government did with MP Materials to diversify the supply chain from China, Energy and Natural Resources Minister Tim Hodgson told Reuters on Tuesday. The key target, Hodgson said, would be minerals subject to China’s export restriction, which… Continue reading Canada and allies explore funding for critical mineral projects

WASHINGTON: Few Americans outside President Donald Trump’s Republican Party support his deployment of National Guard troops to police the streets of Washington, D.C., according to a new Reuters/Ipsos poll. The three-day poll, which concluded on Sunday, found that just 38% of Americans support using troops for law enforcement in the U.S. capital, with 46% opposed.… Continue reading Only 38% of Americans support Trump’s use of troops in DC

WASHINGTON: U.S. President Donald Trump said on Tuesday he is prepared to impose economic sanctions against Russia if its president, Vladimir Putin, fails to agree to a ceasefire in the war in Ukraine. “It’s very, very serious what I have in mind, if I have to do it, but I want to see it end,“… Continue reading Trump considers serious economic sanctions on Russia over Ukraine war

U.S. Treasury Secretary Scott Bessent said on Tuesday that customs duty revenues from President Donald Trump’s tariffs may top $500 billion a year, with a substantial jump from July to August and likely a bigger jump in September. Bessent told a White House Cabinet meeting that his prior estimate of a $300 billion annual tariff… Continue reading US tariff revenue could exceed $500b annually – Treasury Secretary

LOS ANGELES: Pop superstar Taylor Swift and National Football League player Travis Kelce are engaged to be married, the couple announced on social media on Tuesday. In a joint Instagram post, the pair wrote: “Your English teacher and your gym teacher are getting married,“ along with photos showing the Kansas City Chiefs player proposing to… Continue reading Taylor Swift and Travis Kelce get engaged after two-year romance