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EU Pauses Retaliation: 90-Day Reprieve from Countermeasures Against US Tariffs
The European Union will pause its retaliatory tariffs on US goods for 90 days, as announced by European Commission President Ursula von der Leyen. This decision comes after the White House issued a reprieve on most of its own tariffs, reducing rates to 10% for 90 days to allow for trade negotiations. Read the full story here
Seoul Slams Tokyo’s Revived Bid for Disputed Dokdo Islands
The South Korean government has expressed a strong protest against Japan's renewed claim to Dokdo, a territory in the Sea of Japan. South Korea asserts sovereignty over the islands. The dispute centers on the ownership of Dokdo, known as Takeshima in Japan, with Seoul maintaining it has historical and legal basis for its claim. Read the full story here
ECOWAS Expresses Alarm Over Escalating Algeria-Mali Tensions
The West African bloc has expressed deep concern over the escalating dispute between Algeria and Mali. The bloc is closely monitoring the situation, calling for a peaceful resolution to the conflict. The regional organization has urged both countries to engage in dialogue to resolve their differences, emphasizing the need for stability in the region. Read the full story here
Ukraine President Reveals: Over 150 Chinese Nationals Aiding Russian Forces in Ongoing Conflict
Ukrainian President Volodymyr Zelenskyy claims that Chinese citizens are fighting alongside Russian troops in Ukraine, sparking a diplomatic dispute. The Chinese government has denied these allegations, stating that they have no basis in fact and that China's position on the Ukraine crisis is clear and recognized by the international community, with the EU noting that China plays a key role in enabling Russia's war efforts. Read the full story here
Market Pulse: Your Daily Dose of Stock Exchange Updates, Economic Trends, and IPO Insights
The Nifty index has surpassed 22,800, with the Sensex experiencing a significant jump of 1,310 points. This surge is attributed to Trump's tariff pause, resulting in all sectoral indices ending on a positive note, with the Metal index rising by 4 percent. Read the full story here
Mercenary for a Passport: Chinese National Reveals He Fought for Russia in Ukraine in Exchange for Citizenship
A Chinese soldier captured by Ukraine revealed that he paid 300,000 rubles to enlist in the Russian military in hopes of gaining Russian citizenship. The soldier, who was part of a group of Chinese nationals, received training in the Luhansk region before being sent to the front, where many of his comrades were killed or wounded due to a language barrier. Read the full story here
Tragedy Strikes: Dominican Republic Nightclub Disaster Claims 218 Lives
The death toll from the roof collapse at the Jet Set nightclub in Santo Domingo has risen to 218, with 189 people rescued alive. Officials have shifted their focus from search and rescue to recovery as hopes of finding survivors fade. The recovery operation is ongoing, with officials working to identify the unidentified bodies and notify the families of the victims. At least 20 people remain hospitalized, with some in critical condition, following the tragic…
US Eyes Revival of Panama Military Bases Amid Strategic Shift
The US defence secretary has suggested that American troops could return to Panama to "secure" the strategically vital Panama Canal. The Panamanian government quickly rejected the idea, stating that it cannot accept military bases or defence sites, and instead seeks a "cost-neutral scheme" for warship tolls, with the independent Panama Canal Authority managing the waterway. Read the full story here
Forbidden Entrance: Locked Out and Looking for a Way In
An access denied message was displayed, indicating that permission to view a specific webpage was not granted. The webpage in question was related to a business article, and an error reference number was provided, along with a link to an error page for further information. Read the full story here
E-commerce Boost: Amazon Brings Seller Summit to Cape Town, South Africa
Amazon South Africa hosted its inaugural Seller Summit, welcoming over 300 entrepreneurs from across the country to its Cape Town headquarters. The event offered expert guidance and data-driven insights to help local businesses grow and thrive on amazon.co.za, with Amazon investing heavily in logistics and programs to support third-party selling partners. Read the full story here