Oil prices climbed despite the real threat of a global trade war erupting after U.S. President Donald Trump announced wide-ranging tariffs on U.S. imports, this time targeting steel and aluminium. On Monday, Trump announced he will impose a 25% import tax on all steel and aluminium entering the U.S., with Canada likely to be hardest …
US President Donald Trump gave Palestinian militant organization Hamas an ultimatum: release all remaining hostages being held in Gaza or face harsh consequences. Trump spoke out in favour of terminating the ceasefire deal between Israel and Hamas, which went into effect on January 19 for an initial six weeks, if all remaining hostages are not …
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United States President Donald Trump told Fox News’ Bret Baier that it is possible to reach a deal with Iran and China, stressing that the former country is currently “frightened” and weakened. Trump answered that he had already spoken with China’s President Xi Jinping since he returned to the White House in January. “I love …
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Car sales in China dropped 12% year over year in January, totaling 1.81 million units, the China Passenger Cas Association (CPCA) reported on Tuesday. Despite the overall drop, sales of electric vehicles and plug-in hybrids grew 10.5%, now accounting for 41.2% of total sales. “The run-up to the Lunar New Year is traditionally a peak …
Toronto-Dominion Bank expects to raise about $14 billion through the sale of its entire stake in Charles Schwab Corp. as part of a corporate overhaul in the wake of its historic US money-laundering settlement. Toronto-Dominion will sell 184.7 million shares of Schwab’s common stock, representing 10.1% economic ownership, it said in a statement Monday. Schwab has agreed to buy back …
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United States President Donald Trump told New York Post aboard Air Force One that he had already spoken to his Russian colleague Vladimir Putin on the phone. Trump revealed that Putin expressed willingness to end the conflict in Ukraine. “He wants to see people stop dying … All those dead people. Young, young, beautiful people. …
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JERUSALEM, Feb 9 (Reuters) – Israeli security forces have expanded a military operation to Nur Shams in the West Bank, a military spokesperson said on Sunday, announcing the expansion of a military operation in the occupied territory. The military, police and intelligence services launched a counter-terrorism operation in Jenin on January 21, described by officials …
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DUBAI, United Arab Emirates (AP) — Iran’s supreme leader said Friday that negotiations with America “are not intelligent, wise or honorable” after President Donald Trump floated nuclear talks with Tehran. Ayatollah Ali Khamenei also suggested that “there should be no negotiations with such a government,” but stopped short of issuing a direct order not to …
Pentagon’s Defense Security Cooperation Agency (DSCA) revealed in a statement on Friday that the State Department approved a potential sale of its military equipment to Israel, valued at over $7 billion. The DSCA shared that the Israeli government requested munitions, guidance kits, fuzes, and munitions support, alongside other related equipment, worth $6.75 billion, while also …
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Chair of the European Parliament’s Committee on International Trade Bernd Lange told the Financial Times in an interview posted on Friday that the European Union is ready to offer to cut tariffs on cars coming from the United States in an effort to avoid a trade war with US President Donald Trump. “We can try to …