Category: Uncategorized
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Why US markets shot up like a rocket after Trump’s tariffs pause
US markets shot up like a rocket on Wednesday after US President Donald Trump issued a 90-day pause on the implementation of higher tariffs, meaning a “universal 10%” levy will be in place for most countries. But the US president hit China with even higher tariffs of 125% due to “their insistence on escalation”, according…
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Are 10-minute online deliveries killing the Indian corner shop?
Nikhil Inamdar Thousands of neighbourhood stores, unable to compete with online apps, have closed down, according to reports The corner shop Ramji Dharod has manned for over six decades is now on the brink of closure. The store sits in a bylane in the central Indian city of Mumbai’s busy shopping precinct, and has served…
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The plans to put data centres into orbit and on the moon
Emma Woollacott Technology reporter Intuitive Machines Data centre firm Lonestar recently sent its test equipment to the Moon on this lunar lander It sounds like something from a science fiction movie, but Stephen Eisele is confident that one day his company will open a data centre on the Moon. “The way we see it is…
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LeBron James becomes first male athlete with a Ken doll
LeBron James, one of the most iconic figures in modern sports, has made history once again – this time in the toy aisle. Mattel has announced the release of a new Barbie in Mr James’ likeness, making him the first professional male athlete to be honoured as a Ken doll. “We are excited to bring…
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Unbearable wait for relatives in Dominican Republic nightclub disaster
Will Grant Mexico, Central America and Cuba Correspondent Reporting from Santo Domingo Getty Images Maximo Peña had been coming to the Jet Set nightclub every single Monday for the past 30 years. This week, excited to see a concert by the popular Dominican singer Rubby Pérez, he took his wife and his sister. Now all…
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Why Trump is hitting China on trade
John Sudworth Senior North America correspondent Watch: Trump says he would consider meeting with China’s Xi Jinping on tariffs Suddenly, Donald Trump’s trade war is in much sharper focus. Rather than a fight on all fronts against the world, this now looks far more like a fight on familiar Trumpian territory: America v China. The…
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Why coup leader Brice Clotaire Oligui Nguema is embracing democracy
AFP Little more than 19 months after the bloodless coup that brought an end to more than five decades of rule by the Bongo family, the people of Gabon are about to head to the polls to choose a new head of state – bucking a trend that has seen military leaders elsewhere in Africa…
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War has changed Zelensky – but now is the time to transform again
James Waterhouse BBC Ukraine Correspondent BBC “The best salesman in history.” This was what Donald Trump once called Volodymyr Zelensky because of the amount of aid the US has given Ukraine. Whether or not a fair comparison, Zelensky’s role in keeping his country in the spotlight and convincing allies to invest has certainly been crucial…
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Trump steps back from cliff edge of global trade war
Anthony Zurcher North America correspondent in Washington•@awzurcher Watch: Why US markets shot up like a rocket after tariffs pause For days, Donald Trump and his White House team had insisted they were fully committed to their decision to impose sweeping “reciprocal” tariffs on dozens of countries. They even derided a report on Tuesday that said…
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Trump pauses higher tariffs for 90 days but China trade war escalates
President Donald Trump has announced a 90-day pause for countries hit by higher US tariffs but hiked levies on China as a spiralling trade war escalated. In a dramatic change of policy, just hours after levies against roughly 60 of America’s trading partners kicked in, Trump said he was authorising a universal “lowered reciprocal tariff…