The OECD slashed its annual global growth forecast on Tuesday, warning that US President Donald Trump’s tariffs blitz would stifle the world economy — hitting the United States especially hard.After 3.3-percent growth last year, the world economy is now expected to expand by a “modest” 2.9 percent in 2025 and 2026, the Paris-based Organisation for …
Trade war cuts global economic growth outlook: OECD Read More »
Three robotic arms extended under the water in a Canadian lake, delicately selecting pebbles from the bed, before storing them back inside the machine. The exercise was part of a series of tests the robot was undergoing before planned deployment in the ocean, where its operators hope the machine can transform the search for the world’s …
In Canada lake, robot learns to mine without disrupting marine life Read More »
Asian stocks rallied Tuesday as investors kept tabs on developments in the China-US trade war amid speculation the countries’ leaders will hold talks soon.After a period of relative calm on the tariff front, Donald Trump at the weekend accused Beijing of violating last month’s deal to slash huge tit-for-tat levies and threatened to double tolls …
Asian markets rise as traders eye possible Trump-Xi talks Read More »
Oil prices surged Monday over renewed concerns about Russia’s war in Ukraine and relief over OPEC+ production, while stock markets were mixed as US-China trade tensions resurfaced after a brief lull.The dollar was under renewed pressure as traders digested US President Donald Trump’s recent threats to double steel and aluminum tariffs, while Wall Street’s main …
Stocks mixed, oil up on rising trade tensions, geopolitical risks Read More »
When his conservative South Korean party bowed to show remorse for ex-president Yoon Suk Yeol’s disastrous martial law decree, Kim Moon-soo sat alone and resolute in symbolic non-apology.The moment catapulted the labour activist-turned-lawmaker to fame that he now hopes to harness to become South Korea’s next president.”He’s essentially a presidential candidate that social media gave …
S. Korea’s conservative contender Kim Moon-soo emerges from Yoon’s shadow Read More »
A passenger smuggling dozens of venomous vipers was stopped after flying into the financial capital Mumbai from Thailand, Indian customs officials said.The snakes, which included 44 Indonesian pit vipers, were “concealed in checked-in baggage”, Mumbai Customs said in a statement late Sunday.”An Indian national arriving from Thailand was arrested,” it added.The passenger, details of whom …
Snakes on a plane: Indian smuggler caught with venomous vipers Read More »
China said Monday it “firmly rejects” US claims that it had violated a sweeping tariffs deal, as tensions between the two economic superpowers showed signs of ratcheting back up.Beijing and Washington last month agreed to slash staggeringly high tariffs on each other for 90 days after talks between top officials in Geneva.But top Washington officials …
China ‘firmly rejects’ US claim that it violated tariff deal Read More »
Disney’s family-friendly “Lilo & Stitch,” a live-action remake of the 2002 animated film, won the North American box office for a second week in a row, taking in another $63 million, industry estimates showed Sunday. So far, its worldwide take is at a whopping $610 million, Exhibitor Relations said.Maia Kealoha (as Lilo), Hannah Waddingham, Courtney B. …
Disney’s ‘Lilo & Stitch’ wins N.America box office for second week Read More »
A logjam in the trade talks between the United States and China could be broken once Presidents Donald Trump and Xi Jinping speak, US officials said Sunday — a conversation they said could happen soon.Trump on Friday accused Beijing of violating a deal reached last month in Geneva to temporarily lower staggeringly high tariffs the …
US says trade row with China could ease after Trump-Xi talks Read More »
The airline industry’s flagship goal of decarbonising by 2050 is now “in peril” due to climate-sceptic policies, including those of US President Donald Trump, the leading airline association IATA warned on Sunday.The emergence of leaders favouring fossil fuels and recent regulatory rollbacks are “obviously a setback… it does imperil success on the 2050 horizon”, Marie …
Key climate target of airline decarbonisation ‘in peril’: IATA Read More »
