Justin Trudeau has claimed the aim of a “dumb” trade war launched by Donald Trump is to usher in the “complete collapse” of the Canadian economy and make it easier for the United States to annex Canada. Speaking hours after the US slapped 25% taxes on Canadian and Mexican goods – and a 10% levy … Read more
Investment firm State Street, the company that commissioned the Fearless Girl statue that once faced down the Wall Street Charging Bull sculpture and became a symbol of gender diversity in the workplace, has quietly ended some of its diversity policies as US companies continue to retreat from diversity goals. Last year in its proxy voting … Read more
Egypt has proposed a $53bn (£42bn) plan to rebuild Gaza, in a rushed attempt to present an alternative to Donald Trump’s idea for a property development-style plan, which involved a relocation of the Palestinian population that has been widely criticised as effectively endorsing ethnic cleansing. The new proposal, presented at an Arab League summit in … Read more
The US state department has reinstated the “foreign terrorist organization” designation for Yemen’s Iran-backed Houthi group, fulfilling an order announced by Donald Trump shortly after he took office. The US secretary of state, Marco Rubio, announced on Tuesday the department had restored the designation, which carries with it sanctions and penalties for anyone providing “material … Read more
Volodymyr Zelenskyy has proposed a possible peace plan to end the war in Ukraine, saying he was willing to work “constructively” under Donald Trump’s “strong leadership” and to sign a deal giving the US access to his country’s mineral wealth. In an attempt to mend fences with Washington after Trump abruptly suspended supplies of military … Read more
Robert F Kennedy Jr, the US health secretary, has caused alarm among pediatricians, vaccine experts and lawmakers with an opinion piece that focuses on vitamin A and nutrition as treatments for measles. In response to a measles outbreak in Texas, which resulted in the first American measles death in nearly a decade, Kennedy wrote for … Read more
Trade unions declared victory on Tuesday as Labour bolstered a string of measures in its workers’ rights bill, amid criticism of the government from business groups saying there had been no “meaningful change” despite engagement. Union sources said they were delighted that there had been no watering down of any key measures in the employment … Read more
Hong Kong’s CK Hutchison Holdings said on Tuesday a consortium including BlackRock Inc would buy an 80% stake in a unit that controls ports in Panama for an equity value of $14.21bn. The sale of 90% interest in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal, comes as the US … Read more
Mexico president vows to respond to tariffs on Sunday Mexican president Claudia Sheinbaum said she will outline her country’s response to Donald Trump’s tariffs on Sunday, Reuters reports. While China and Canada quickly announced plans for retaliatory levies on US goods, Mexico has so far held off, but Sheinbaum said she would detail tariff and … Read more
Americans have been warned to brace for higher prices within days after Donald Trump pulled the trigger on Monday and imposed US tariffs on goods from Canada and Mexico, and hiked tariffs on China. Global stock markets came under pressure again on Tuesday, with leading indices falling sharply – and the benchmark S&P 500 losing … Read more