This is Beirut, 10/04 13:55 - Reading : less than a minute
The US dollar plunged against the euro and other main rivals again on Thursday after President Donald Trump abruptly paused higher tariffs on all countries except China, adding to investor uncertainty. The greenback lost over one percent against the European single currency, as markets also expected data later in the day to show US inflation ...
This is Beirut, 10/04 13:50 - Reading : less than a minute
Donald Trump European Union USA
EU chief Ursula von der Leyen said Thursday the bloc will suspend a planned package of tariffs on US goods "to give negotiations a chance" after President Donald Trump's U-turn on massive duties. "While finalising the adoption of the EU countermeasures that saw strong support from our Member States, we will put them on hold for ...
This is Beirut, 10/04 11:15 - Reading : 2 minute(s)
USA Donald Trump Ukraine United States Washington
US and Russian delegations met in Istanbul on Thursday for talks on restoring the functioning of their embassies, which drastically scaled back staffing following Moscow's invasion of Ukraine. The talks, the second of their kind, come after President Donald Trump reached out to Russia following the start of his second term and offered better ties ...
Christiane Tager, 10/04 11:00 - Reading : 5 minute(s)
Lebanon China Donald Trump Tarifs
American president Donald Trump announced on Wednesday that he would suspend his “reciprocal” customs surtaxes for 90 days. However, this decision does not apply to China. With the new American customs duties taking effect — reaching an impressive 104% for certain Chinese products — many American companies that have long relied on China to ...
This is Beirut, 10/04 10:25 - Reading : 4 minute(s)
USA Donald Trump Hegseth Mulino Panama Canal
US Defense Secretary Pete Hegseth floated the idea on Wednesday of US troops returning to Panama to "secure" its strategically vital canal, a suggestion quickly shot down by the Central American country's government. Hegseth suggested during a visit to Panama that "by invitation" the United States could "revive" military bases or naval air ...
This is Beirut, 10/04 10:05 - Reading : 1 minute(s)
USA Donald Trump United Nations United States Washington
The United States has backtracked on emergency food aid cuts it announced for 14 countries, restoring assistance to six of them, the UN's World Food Program said Wednesday. The UN agency, already struggling with financing woes, said Monday that the United States advised it Washington was eliminating emergency food aid to those 14 poor and ...
This is Beirut, 10/04 10:00 - Reading : 3 minute(s)
USA Donald Trump New York US Congress
The former Facebook employee behind a scathing book about parent company Meta on Wednesday alleged that the social networking giant collaborated with the Chinese government on artificial intelligence, censorship and more, then lied to Congress about what it was doing. Former global policy director Sarah Wynn-Williams, who worked at the company ...
Salam El Zaatari, 10/04 09:30 - Reading : 5 minute(s)
In the age of globalization, few leaders have dared to question the structure that underpins the modern world economy. Donald Trump didn’t just question it, he took a wrecking ball to it. His tariff-first economic approach, widely criticized as reckless, may actually represent the beginning of a hard but necessary conversation: Should America ...
This is Beirut, 10/04 09:05 - Reading : 4 minute(s)
Donald Trump United States USA
US President Donald Trump has ramped up his trade war against China, further raising import tariffs on Beijing to 125 percent despite pausing them for other countries. The move came hours after China announced reciprocal action against the United States in response to a previous levy hike. AFP looks at how the escalating trade war between the ...
This is Beirut, 10/04 08:30 - Reading : 5 minute(s)
United States Donald Trump Tariffs China
US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday, but upped the ante on a brutal trade war with superpower rival China. After days of turmoil, stocks on Wall Street and across Asia saw huge surges in reaction to Trump's announcement that he was halting a levy hike for almost all ...
This is Beirut, 10/04 04:45 - Reading : 2 minute(s)
United States Donald Trump Iran Army Conflict
Donald Trump stated on Wednesday that military action against Iran was "absolutely" possible and that there was "very little time" left to reach a nuclear agreement. "If force has to be used, we will use force," the U.S. president told reporters. "Israel will obviously be very involved, it will lead the ...
Liliane Mokbel, 09/04 21:35 - Reading : 3 minute(s)
Donald Trump United States China Oil Market
Oil prices plunged on Wednesday due to the escalating trade war between the United States and China, with Brent crude falling below $60 per barrel for the first time in four years. At around 11:20 GMT (13:20 in Paris), the price of North Sea Brent crude for June delivery dropped by 5.52% to $59.35, briefly reaching a low of $58.47 during the ...