Under the Trump Administration, a new policy has been introduced to address long-standing trade imbalances. President Donald Trump emphasized that if products are not made in America, they will be subject to tariffs—sometimes significantly high ones. This move comes as a response to decades of unfair trade practices by other nations. For years, countries like…
US President Donald Trump revealed that Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest semiconductor manufacturer, plans to invest an additional $100 billion in the United States. This comes on top of the $65 billion the company had previously announced. TSMC, which produces chips for major tech giants like Apple, Intel, and Nvidia, has already…
On Tuesday, local time, US President Donald Trump officially announced the imposition of new tariffs on imported goods from Mexico and Canada. According to Trump, these tariffs aim to pressure the two neighboring nations to intensify their efforts in combating fentanyl trafficking and curbing illegal immigration into the United States. Additionally, the President emphasized his…
Asian stock markets experienced a widespread decline on Tuesday, mirroring the significant drop in US markets on Monday. The global stock market downturn was largely triggered by former President Donald Trump’s announcement of a 25% tariff on imports from Canada, Mexico, and China, effective March 4, 2025. China swiftly responded with countermeasures, escalating trade tensions…
Japan is grappling with its most significant forest fire in decades as a massive blaze, burning for over a week in the town of Ovunoto on the country’s northeast coast, continues to spread. The fire has forced more than 1,200 residents to evacuate, with authorities reporting that it has already consumed over 2,100 hectares (5,800…
Danish Ambassador Marcus Lassen, the newly appointed President of the UN Security Council, has highlighted the critical need for constructive creativity, consistency, and a commitment to transparency and diverse voices in addressing international peace and security. This marks Denmark’s first presidency of the UN Security Council in over two decades. Ambassador Lassen emphasized that the…
Israeli Prime Minister Benjamin Netanyahu has announced a halt to all humanitarian aid entering the Palestinian Gaza Strip during the holy month of Ramadan. According to Netanyahu’s office, the decision to block goods and supplies comes in response to Hamas rejecting a temporary ceasefire proposal brokered by the United States. The proposal, presented by U.S….
On Monday, local time, the Israeli military launched an airstrike near the Syrian port city of Tartus. In an official statement, Israel confirmed that its forces targeted a military site in the Kardaha area, where weapons belonging to the former Syrian regime were reportedly stored. Kardaha is the birthplace of ousted Syrian President Bashar al-Assad….
The call to taraweh prayer echoed through Times Square in Manhattan, New York, a bustling hub typically filled with tourists and visitors. For the fourth time since its inception in 2022, the Tarawih prayers were held in this iconic location, marking a unique celebration of Ramadan in the heart of the city. The event began…
Brazilian President Luiz Inácio Lula da Silva has reaffirmed BRICS’ commitment to advancing the dedollarization agenda. In a recent statement, President Lula emphasized that under his leadership, the BRICS bloc—comprising Brazil, Russia, India, China, and South Africa—will prioritize the development of a new payment system as a viable alternative to the US dollar. President Lula…