French President Emmanuel Macron underlined on Saturday during a press conference that Russia will be hit with “massive [and] coordinated” sanctions if it refuses to accept and violates a 30-day ceasefire with Ukraine, which is supposed to begin on May 12. “In the event of a violation of this ceasefire, we agree that massive sanctions …
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The United States has put significant pressure on Israel to achieve a ceasefire and hostage exchange agreement with Hamas before President Donald Trump visits the Middle East or risk Washington’s further support, Haaretz reported on Friday, citing people familiar with the matter. The sources also said that it was US Envoy to the Middle East …
The Vatican announced on Thursday that Cardinal Robert Francis Prevost had been elected the new pope. The announcement came around an hour after white smoke emerged from the Sistine Chapel, signaling the swift conclusion of the 2025 conclave. The election was finalized roughly 24 hours after the College of Cardinals began deliberations. Cardinal Robert Prevost, an American …
United States President Donald Trump officially announced on Thursday a new trade agreement with the United Kingdom, calling it “full and comprehensive” and the first in a series of major deals. Speaking from the Oval Office alongside Vice President JD Vance, Trump celebrated the accord as a milestone for transatlantic relations, noting it comes 80 …
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United States President Donald Trump announced the trade deal with the United Kingdom on Thursday, calling it “full and comprehensive,” and the first in a series of major new agreements. “This should be a very big and exciting day for the United States of America and the United Kingdom,” Trump wrote on Truth Social, confirming a press conference …
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Oil climbed from the lowest closing price in four years on signs that production from the US may contract in the months ahead. West Texas Intermediate advanced 3.4% to settle above $59 a barrel after tumbling more than 9% during the past six sessions. Diamondback Energy Inc., the largest independent producer in the Permian Basin, …
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United States President Donald Trump told reporters on Tuesday that he would be making an “earth-shattering” announcement in a couple of days, insisting that it won’t have anything to do with trade. “It’s not about trade, it’s about something else, but it’s going to be a truly earth-shattering and positive development for the people of …
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The People’s Bank of China (PBoC) announced on Wednesday it would cut the amount of cash that commercial banks have to have on hand, known as the reserve requirement ratio (RRR), by 50 basis points from May 15. PBoC Governor Pan Gongsheng said the cut would result in long-term liquidity of about 1 trillion yuan …
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Weekly Petroleum Data for the week ending April 25, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.7 million barrels from the previous week. At 440.4 million barrels, U.S. crude oil inventories are about 6% below the five year average for this time of year. U.S. crude oil …
A divided US Supreme Court cleared the way for the Trump administration to start discharging thousands of transgender servicemembers, including people who have served openly for years. Over dissents from the three liberal justices, the court dealt a major blow to LGBTQ rights, pausing a lower court order that had put President Donald Trump’s new ban …
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