Iraqi, Iranian FMs discuss regional security and US-Iran nuclear talks
Iraqi Foreign Minister Fuad Hussein and his Iranian counterpart Seyed Abbas Araghchi held a phone conversation on regional developments, with a focus on enhancing security and ongoing US-Iran nuclear negotiations, Iraq’s Foreign Ministry said Monday. During the call, Hussein reaffirmed Iraq’s support for
US to begin trade talks with South Korea next week
The United States is set to begin trade negotiations with South Korea next week, according to Treasury Secretary Scott Bessent, who emphasized the strategic value of being a “first mover” in trade talks as countries scramble to minimize the impact of President Donald
South Korea and US boost cooperation on space exploration and satellite systems
South Korea and the United States have reaffirmed their commitment to deepening space cooperation, with discussions covering lunar exploration, satellite navigation, and maritime domain awareness, South Korea’s foreign ministry said Tuesday. The high-level dialogue took place in Washington on Monday as part of
Rome to host new round of US-Iran nuclear talks, says Italian FM
A new round of nuclear talks between the United States and Iran will be held in Rome, Italian Foreign Minister Antonio Tajani confirmed on Monday. The announcement follows requests from both negotiating parties and Oman, which continues to serve as a mediator. Speaking
US hails Rana’s extradition, says long-sought justice for 26/11 victims
US Secretary of State Marco Rubio on Friday praised the extradition of Tahawwur Hussain Rana, a key accused in the 2008 Mumbai terror attacks, to India. Rubio stated that both Washington and New Delhi have long worked toward justice for the victims of
US cannot act recklessly, says Chinese Foreign Minister Wang Yi
Chinese Foreign Minister Wang Yi has cautioned the United States against acting recklessly in international affairs, warning that such actions contribute to global instability. Wang made the statement during a meeting with Rafael Mariano Grossi, Director General of the International Atomic Energy Agency
Putin meets US envoy for closed-door Ukraine talks
Russian President Vladimir Putin held a closed-door meeting in St. Petersburg with Steve Witkoff, US President Donald Trump’s special envoy, to discuss the ongoing conflict in Ukraine, the Kremlin confirmed. According to Kremlin spokesperson Dmitry Peskov, the discussion revolved around “various aspects of
Trump’s Tariff delay: A tactical pause in the US-China economic standoff
By: Dr Avi VermaPresident Trump’s 90-day reversal on worldwide tariffs, while maintaining a significant 125% levy on Chinese goods, has injected a temporary calm into volatile global markets. China’s response, scaling back its retaliatory tariffs to 84%, suggests a willingness to reciprocate, albeit cautiously.
Russia and US make progress in embassy talks
The Russian consulate in Istanbul announced that progress has been made in securing banking and financial services for Russian and US diplomatic missions during the second round of bilateral talks held in the city. According to a press release, the delegations exchanged diplomatic
UK and Japan oppose US tariffs
British Prime Minister Keir Starmer held a conversation with Japanese Prime Minister Shigeru Ishiba, where both leaders expressed strong opposition to escalating trade tensions, stating that a trade war benefits no one. Their joint stance comes as the United States maintains a 10
Pakistan to initiate tariff talks with US amid export concerns
Prime Minister Shehbaz Sharif has approved the dispatch of a high-level delegation to the United States to negotiate reduced tariffs and increased market share amid fears of significant export losses. The move comes in response to the US announcing additional tariffs, which could
Russia and US hold second round of talks in Istanbul
Russia and the United States began the second round of diplomatic consultations in Istanbul on Thursday, focusing on improving the operational conditions of their embassies and resolving long-standing diplomatic disputes. The Russian delegation is led by Ambassador Alexander Darchiev, Moscow’s envoy to Washington,
British PM pledges support for auto industry amid US tariffs threat
British Prime Minister Keir Starmer has pledged urgent support for the UK automotive industry, warning of serious economic fallout from newly imposed US tariffs on British goods. Speaking at the Jaguar Land Rover (JLR) plant in the West Midlands on Sunday, Starmer described
US, Pakistan hold first phone call to discuss counterterrorism cooperation
In their first official conversation, US Secretary of State Marco Rubio and Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar discussed ways to enhance counterterrorism cooperation, with a key focus on the return of US military equipment left in Afghanistan following the
Largest port in US sounds alarm on Trump’s tariffs
The Port of Los Angeles, the largest in the United States, is bracing for a potential 10 per cent decline in cargo volume later this year due to sweeping new tariffs announced by former President Donald Trump, according to Executive Director Gene Seroka.
Reciprocal tariffs: Global economists warn of impending US recession
Global brokerages and economists are warning of an impending US recession, following the impact of reciprocal tariffs announced by the Donald Trump administration. JPMorgan Chase & Co has revised its outlook, now expecting real GDP to shrink under the weight of these tariffs.
US markets and dollar fall after Trump’s new tariffs
US markets plunged to a two-year low on Thursday following President Donald Trump’s sweeping tariffs on imports from more than 100 countries. The US dollar also weakened, reflecting market uncertainty. Stock market reaction By noon, the US stock market’s market cap had fallen
China imposes 34% tariffs on US imports amid escalating trade war
China has announced an additional 34% tariff on all US imports, effective April 10, in response to the United States’ reciprocal tariffs on Chinese exports. The decision, declared by the Customs Tariff Commission of the State Council, marks a sharp escalation in the
Economic ripple effect: Tariffs and the cost of living in the US
By: Dr. Avi Verma The “Liberation Day” tariffs, with their 10% universal levy and higher “reciprocal tariffs” on specific nations, are set to have a broad impact on the cost of goods in the United States. Here’s a breakdown of the likely effects: Products