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Dollar, Stocks Sink as Gold Hits High on Trump Tariffs

This is Beirut, 03/04 15:50 - Reading : 3 minute(s)

Donald Trump European Union Europe New York United States

The dollar and equity markets tumbled Thursday after President Donald Trump's latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation. The dollar slumped by as much as 2.6 percent versus the euro, its biggest intraday plunge in a decade, and suffered sharp losses also against ...

Israel says Shares with France 'Common' Goal of Iran Without Nuclear Weapons

This is Beirut, 03/04 12:55 - Reading : 2 minute(s)

Israel Tehran United States France

Israel and France share a "common" goal of preventing Iran from acquiring nuclear weapons, the Israeli foreign minister said in Paris on Thursday. Western countries including the United States have long accused Iran of pursuing a nuclear weapon, which Tehran has denied, insisting its enrichment activities were solely for peaceful purposes. "The ...

What the world said about Trump's tariffs

This is Beirut, 03/04 09:05 - Reading : 4 minute(s)

Donald Trump Emmanuel Macron United States  European Union 

US President Donald Trump on Wednesday announced sweeping new tariffs on imports to the United States from countries right across the globe. Here are international reactions so far from the world's major economies: China  Beijing said it "firmly opposes" the new tariffs on its exports, and vowed "countermeasures to safeguard its own rights and ...

Fresh Trump Tariffs to Take Effect on April 5 and 9

This is Beirut, 03/04 00:17 - Reading : 4 minute(s)

United States Donald Trump Tariffs Trade

President Donald Trump's sweeping new tariffs on US trading partners are set to begin this weekend, said White House officials Wednesday, with a higher rate on "worst offenders" to take effect next week. Declaring that a "national emergency" stemmed from security concerns due to persistent trade deficits, the White House ...

Trump Tells Inner Circle That Elon Musk Will Depart Soon

This is Beirut, 02/04 19:35 - Reading : 4 minute(s)

Donald Trump United States Elon Musk

President Donald Trump has informed his inner circle, including Cabinet members, that Elon Musk will soon be stepping back from his current role as a governing partner, influential supporter, and Washington operative, according to American media company Politico. Although Trump remains pleased with Musk and his Department of Government Efficiency ...

US Stocks Advance Ahead of Looming Trump Tariffs

This is Beirut, 02/04 19:15 - Reading : 3 minute(s)

Donald Trump United States Dollar Financial Markets

Wall Street stocks rose ahead of US President Donald Trump's fresh wave of tariffs, while European stocks ended the day lower. The dollar was mostly lower, oil prices wobbled, while gold, viewed as a safe-haven investment, came close to achieving a fresh all-time high. After Tokyo's stock market closed up slightly and Chinese indices steadied, ...

Trump Seriously Considering Iran's Offer of Indirect Nuclear Talks

This is Beirut, 02/04 18:00 - Reading : 3 minute(s)

United States Iran Donald Trump Ali Khamenei

The White House is carefully weighing an Iranian proposal for indirect nuclear talks while simultaneously ramping up US military presence in the Middle East as President Trump considers potential military strikes, according to two US officials who spoke to Axios. President Trump has expressed a preference for reaching a deal, cautioning that ...

Azerbaijan Presses Armenia to Meet 'Demands' for Peace Deal

This is Beirut, 02/04 14:25 - Reading : 2 minute(s)

Europe European Union Turkey United States

Azerbaijan on Wednesday insisted that arch-foe Armenia must meet Baku's "legitimate demands" before the Caucasus neighbours can sign a peace treaty, the text of which they agreed upon last month. The two ex-Soviet republics announced on March 14 they had wrapped up talks aimed at resolving their decades-long conflict, with both sides agreeing on ...

Trump set to Unleash 'Liberation Day' Tariffs

This is Beirut, 02/04 09:55 - Reading : 4 minute(s)

Donald Trump United States Liberation Day Tariffs

US President Donald Trump is poised to unveil sweeping new "Liberation Day" tariffs on Wednesday, but kept the world guessing until the last minute about the scope of an onslaught that could spark a global trade war. Trump will roll out the measures flanked by cabinet members in the Rose Garden of the White House at 4:00 pm (2000 GMT) – after ...

US Senator Smashes Record with 25-Hour Anti-Trump Speech

This is Beirut, 02/04 09:25 - Reading : 4 minute(s)

Donald Trump USA United States

A Democratic US lawmaker shattered a record for the longest speech in Senate history Tuesday, staying on his feet for more than 25 hours to deliver a fiery protest against President Donald Trump's "unconstitutional" actions. Senator Cory Booker's display of endurance – to hold the floor he had to remain standing and could not even go to the ...

China Launches Military Drills in Taiwan Strait

This is Beirut, 02/04 05:20 - Reading : 2 minute(s)

United States USA Washington

The Chinese military announced new exercises Wednesday in sensitive waters near Taiwan, in a second consecutive day of drills around the self-ruled island it claims as its own. The surprise manoeuvres were slammed by Washington as "intimidation tactics" and come after Taiwan President Lai Ching-te called China a "foreign hostile ...

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