Industry officials have held meetings with senior members of the Trump administration, including the President, asking them to restore the tariff-free regime under the 1979 Civil Aircraft Agreement, under which the sector enjoyed a $75 billion annual trade surplus. Trump’s tariffs have ended its decades-old duty-free status. “Our government affairs team is hard at work […]
United Nations representatives will start the five days of sittings at the International Court of Justice in The Hague at 10:00 am (0800 GMT), followed by a Palestinian submission. Another 38 countries will then address the 15-judge panel, including the United States, China, France, Russia, and Saudi Arabia. The League of Arab States, the Organisation […]
The values of currencies are influenced by supply and demand in the foreign exchange market, which is affected by factors such as inflation, interest rates, and trade balances. The economy of Bahrain, strengthened by oil revenues and a fixed exchange rate pegged to the US dollar (2.65 USD), contributes to the dinar’s steadiness. 1 Bahraini […]
‘American Idol’ host Ryan Seacrest announced the Rock & Roll Hall of Fame 2025 inductees during the ABC singing competition show on Sunday. Others selected for the Rock Hall in Cleveland included English rock group Bad Company, hip-hop act Outkast, rock and blues singer Joe Cocker, and garage rock duo The White Stripes. The artists […]
While U.S. President Donald Trump has claimed progress is being made on trade with China and many other countries, actual evidence is lacking. Treasury Secretary Scott Bessent failed on Sunday to back Trump’s assertion that tariff talks with China were underway. “The uncertainty itself is at least as damaging as the tariffs themselves, hurting the […]
The meeting comes at a critical moment for the world economy after the International Monetary Fund this week slashed growth forecasts over the impact of the American leader’s sweeping new tariffs. Diplomats from the trading bloc that includes current president Brazil, Russia, India, China, and South Africa will meet for two days in Rio de […]
The victorious end of the battle to liberate Russia’s Kursk region showed the “highest strategic level of the firm militant friendship” between North Korea and Russia, the KCNA state news agency cited the North’s ruling party as saying. Russia said last week that Ukrainian forces had been expelled from the last Russian village they had […]
The Indian government, led by Hindu nationalist Prime Minister Narendra Modi, often describes undocumented Bangladeshi immigrants as “Muslim infiltrators”, accusing them of posing a threat to the country’s security. Rights groups say the anti-immigrant rhetoric is aimed at boosting the ruling party’s vote bank by appealing to the majority Hindu population. “Police forces collectively detained […]
The blast occurred as Iran began a third round of nuclear talks with the United States in Oman, although the cause of the explosion was not immediately clear. “The source of this incident was the explosion of several containers stored in the Shahid Rajaee Port wharf area. We are currently evacuating and transferring the injured […]
“After years of conflict and immeasurable suffering, the Syrian people deserve a future that is marked by dignity, stability, and opportunity,” Ambassador Asim Iftikhar Ahmad, permanent representative of Pakistan to the United Nations, told the UN Security Council on Friday. “The international community must seize this moment to support Syria’s transition,” he said during a […]