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Businesses deliver gloomy results even as markets celebrate Japan trade deal

23 Jul 2025

(Reuters) -Businesses making everything from chips to steel reported downbeat results on Wednesday, with U.S. President Donald Trump’s trade war inflicting damage even as Japan’s deal lifted stocks and hopes that Europe can clinch a similar agreement. Asian and European stock markets rallied as investors cheered a trade agreement between the United States and Japan, …

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Chile’s government to expropriate land tied to Pinochet-era torture

23 Jul 2025

VILLA BAVIERA (Reuters) -Chile plans to expropriate a settlement founded by a German cult leader where torture took place during former dictator Augusto Pinochet’s military regime as the government takes another step to shine a light on a dark period of the past. The enclave, originally called Colonia Dignidad and renamed Villa Baviera, was founded …

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Explainer-Why is Russia trying so hard to capture the strategic Ukrainian city of Pokrovsk?

23 Jul 2025

By Andrew Osborn and Anastasiia Malenko MOSCOW/KYIV (Reuters) -Russian forces are pushing hard to encircle the strategically important eastern Ukrainian city of Pokrovsk after capturing a string of villages to its south and east, and over 100,000 soldiers are trying to advance in the area, Kyiv says.  Following are key facts about Pokrovsk, which Russians …

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Taiwan says trade delegation in Washington for talks on potential tariff and trade deal

23 Jul 2025

TAIPEI (Reuters) -Taiwan’s government said on Wednesday that a trade delegation led by the vice premier was in Washington, D.C., for a new round of in-person negotiations with U.S. officials this week. U.S. President Donald Trump has proposed imposing tariffs of as much as 32% on Taiwan. No new tariffs have yet been announced for …

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Australia makes second $525 million AUKUS payment amid US review

23 Jul 2025

SYDNEY (Reuters) -Australia has paid the United States A$800 million ($525 million) in the second instalment under the AUKUS nuclear submarine deal, despite an ongoing formal review of the agreement by U.S. President Donald Trump’s administration. Prime Minister Anthony Albanese confirmed the latest instalment on Wednesday, following an initial $500 million paid in February. In …

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Trump pulls US out of UN cultural agency UNESCO for second time

23 Jul 2025

By John Irish and Doina Chiacu PARIS/WASHINGTON (Reuters) -President Donald Trump has decided to pull the United States out of the “woke” and “divisive” U.N. culture and education agency UNESCO, the White House said on Tuesday, repeating a move he took in his first term that was reversed by Joe Biden. The withdrawal from the …

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Hong Kong court backs transgender person’s right to use toilets that match chosen gender identity

23 Jul 2025

By Jessie Pang HONG KONG (Reuters) -A Hong Kong court ruled on Wednesday in favour of a transgender person who challenged laws that criminalise them for going into public toilets that align with their chosen gender identity.  Judge Russell Coleman struck down the two provisions that made it criminal to do so but suspended the ruling …

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US-Philippines trade talks yield modest tariff shift after Trump-Marcos meeting

23 Jul 2025

By Andrea Shalal and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a “beautiful visit” by Philippine President Ferdinand Marcos Jr. to the White House, and said U.S. goods would pay zero tariffs. The new tariff rate is …

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Mexico asks US to repatriate 14 nationals held in ‘Alligator Alcatraz’

23 Jul 2025

MEXICO CITY/WASHINGTON (Reuters) -Mexico is seeking the repatriation of 14 nationals being held at the United States’ detention center known as “Alligator Alcatraz”, President Claudia Sheinbaum said on Tuesday. “All arrangements are being made to ensure they are repatriated immediately,” Sheinbaum told a daily press conference. The facility, about 37 miles (60 km) from Miami, …

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