Efforts to establish a coordinated global tax regime for tech giants and ultra-wealthy individuals are unraveling, as US President Donald Trump pulls back support and threatens new tariffs. The move has reopened transatlantic tensions and cast uncertainty over years of negotiations aimed at curbing tax avoidance and closing loopholes exploited by multinationals.Tech tax standoffOn February […]
New US Ambassador to Japan George Glass and his wife Mary pose for the media at a press conference after their arrival in Tokyo (Source: AP) TOKYO: The new US ambassador to Japan arrived in Tokyo on Friday and said he is optimistic that his country and its key Asian ally will reach a deal […]
Ukraine and the United States signed a memorandum of understanding late on Thursday on a minerals agreement, according to Ukraine’s economy minister, bringing both sides closer to a deal that has gone through multiple, contentious rounds of negotiations. The signing fell short of a full agreement on the final terms of a minerals deal, which […]
Donald Trump and Xi Jinping US President Donald Trump has said “the ball is in China’s court,” amid the ongoing tariff war between the two countries, after which America’s tariffs on Chinese goods have reached 145 per cent, while China, in turn, now imposes 125 per cent tariffs on imports from the United States.White House […]
On the eve of nuclear talks with the United States, Iranians wave the flags of Palestine and Hezbollah as they march in Tehran to denounce the US and Israel on Friday, April 11, 2025. (NYT News Service) US President Donald Trump announced on Monday, April 7, 2025, that Washington and Tehran would begin talks over […]
Iranian foreign minister Abbas Araghchi Trump’s envoy Steve Witkoff hold high stakes talks The US is seeking a nuclear accord quickly, according to Iran’s statement following exceptional discussions on Saturday, whilst US President Donald Trump warns of potential military intervention if negotiations fail.The discussions were led by Iranian foreign minister Abbas Araghchi, a veteran diplomat […]
Home to one of the longest airstrips in Africa and a vital port on the Gulf of Aden, Somaliland is leveraging its strategic importance in a turbulent region to achieving international recognition — and its officials are appealing directly to the Trump administration. Source link
US and Panamanian military forces conduct a joint drill at the Panama Canal during the visit of US defense secretary Pete Hegseth to Port of Rodman in West Panama, Tuesday, April 8, 2025. (AP) PANAMA: US troops will be able to deploy to a string of bases along the Panama Canal under a joint deal […]
Trump praises Chinese president, predicts ‘very good deal’ with China despite tariff standoff (Picture credit: AP) US President Donald Trump on Wednesday voiced optimism that a deal with China is still within reach, even as tensions between the two superpowers escalated following his decision to raise tariffs on Chinese goods to 125%. Speaking to reporters […]
The International Monetary Fund on Tuesday said it has reached a preliminary agreement with Argentina on a $20 billion bailout, providing a welcome reprieve to President Javier Milei as he seeks to overturn the country’s old economic order. As a staff-level agreement, the rescue package still requires final approval from the IMF’s executive board, which […]
