Browsing: World News

The Trump administration has initiated a controversial move to classify over 6,000 living immigrants as deceased, effectively cancelling their Social Security numbers. This action is designed to compel these individuals to leave the United States.

A helicopter crash in New York’s Hudson River resulted in the deaths of six Spanish tourists, including three children and the pilot, as confirmed by Mayor Eric Adams.

Donald Trump announced a temporary 90-day suspension of certain tariffs less than a day after they came into effect. Many see it as the president backing down from his policy after US government bonds were being sold off, and the president likely under pressure from his rich and powerful friends (Elon Musk).

Whilst he came back from the brink for most countries he had hit, all countries (interestingly, Russia was not hit with tariffs) still face a blanket 10% tariff.

The administration intensified its stance on China by elevating tariffs on Chinese imports to 125%, underscoring a complex and strained U.S.- China trade relationship.

China responded firmly to the increased tariffs, maintaining a resolute position and implementing retaliatory measures. The Chinese Commerce Ministry announced an 84% tariff on all U.S. goods, signaling Beijing’s unwillingness to yield to U.S. pressure. This escalation has heightened concerns about a prolonged trade conflict between the world’s two largest economies.

The financial markets have reacted with notable volatility to these developments. Following the announcement of the tariff suspension, global markets experienced a relief rally. However, this optimism is tempered by underlying uncertainties, as analysts caution that the fundamental issues driving the trade tensions remain unresolved. The bond market, in particular, has exhibited signs of distress, with the U.S. 10-year Treasury yield climbing from under 4% to 4.5%, reflecting diminished confidence in U.S. fiscal stability.

Amid these economic fluctuations, there have been murmurs of potential market manipulation.

The current trajectory of U.S. trade policy, characterized by abrupt shifts and escalating tariffs, has prompted warnings from economic leaders. JPMorgan Chase CEO Jamie Dimon cautioned that the ongoing trade war could precipitate a U.S. recession this year.

Ksenia Karelina, a US-Russian citizen, was jailed in Russia for 12 years after her £40 donation to a Ukrainian charity was deemed treasonous.

China’s tariffs on exports to the US have risen to 125%, prompting speculation about potential retaliation and the future scope of trade relations.

Joseph Kent, chief of staff to the Director of National Intelligence, stated that intelligence is investigating potential FBI involvement in the January 6 riots during a Senate intelligence committee hearing.

The Haas Formula 1 team has stated that it will continue its operations without interruption, despite its parent company, Haas Automation, experiencing a “dramatic decrease in demand” attributed to tariffs imposed by the United States government.

A proposed 50% tariff on all Chinese goods, combined with existing tariffs, could result in over 100% tariffs, severely crippling trade between the US and China.

Pakistan has expelled thousands of Afghan nationals following the expiration of a deadline for Afghans without legal status, with over 8,900 deported since April 1, according to the UNHCR.

Brazil’s judiciary is currently testing its resilience as supporters of ex-President Jair Bolsonaro face off against the judiciary amid accusations of bias, similar to claims made during Lula’s previous legal tribulations.

A significant increase in tariffs, including a stunning 104% levy on Chinese imports, is set to take effect, creating volatility in Asian markets. This development follows an overall downturn in the U.S. stock market, where the S&P 500 fell 1.6%, indicating widespread investor concern regarding the ongoing trade war.

Tensions between Israel and Turkey are escalating, with both nations exchanging strong warnings of military action over the situation in Syria. Israel’s attacks on Syrian targets are seen as a direct response to Turkish military ambitions in the region.

The global financial markets are experiencing a downturn due to US tariffs imposed by President Trump, raising fears of an escalating trade war and potential global recession.

Trading has just restarted in Europe and all the main stock markets are showing a slight rebound from the previous falls.

Iran, Saudi Arabia, and Iraq were responsible for 90% of recorded executions in 2024, with Iran leading at 972 executions, a significant increase from the previous year.

The UK’s economic options are severely constrained due to high borrowing and record tax levels, limiting the government’s ability to respond to the economic shock caused by Trump’s tariff announcement.

Experts have warned investors about a ‘Black Monday’-like crash on April 7. On Sunday, U.S. stock futures plummeted, and the internet being as creative and hilarious as it is flooded Twitter/X with ‘Orange Monday’ memes.

A second child in Texas has died from measles, with the outbreak in the state reaching nearly 500 reported cases, primarily among unvaccinated individuals.

Over 150,000 protesters rallied across 40 Spanish cities on Saturday, demanding housing be viewed as a right rather than a commodity.

The DRC government delegation and M23 rebels recently engaged in peace talks in Qatar to address ongoing conflict in the eastern region, following a positive initial round of discussions in March.

The Republican People’s Party (CHP) re-elected Ozgur Ozel as chairman, garnering an overwhelming majority of votes amid ongoing protests against President Erdogan’s government following the jailing of Istanbul Mayor Ekrem Imamoglu.

Increasing reliance on AI-driven chatbots like ChatGPT for information retrieval offers quicker access to summaries and links but raises concerns about misinformation due to ‘hallucination’ and ‘confabulation’ errors.

Global stock markets plummeted overnight, with Japan’s Nikkei 225 falling nearly 8% and US stock market futures indicating further declines, as fears of a trade war escalate following President Trump’s new tariffs.

A major incident has been declared in Northern Ireland due to a “significant” wildfire on Sandbank Road, which has prompted over 100 firefighters to respond to the scene.

There have been a few big announcements from China today – the latest outlines new restrictions on US companies.