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UK revokes Russian diplomat’s accreditation in retaliation for Moscow expulsions

12 Mar 2025

LONDON (Reuters) -Britain revoked the accreditation of a Russian diplomat on Wednesday in response to Russia’s expulsion of two British diplomats this week and it accused Russia of trying to force its embassy in Moscow to close. The move is the latest in a series of tit-for-tat diplomatic sanctions after Russia accused two British diplomats …

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Trump warns EU on retaliatory tariffs, says Irish tax policies lured US firms

12 Mar 2025

By Andrea Shalal WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday vowed to respond to the European Union’s threat to impose counter tariffs on 26 billion euros ($28 billion) worth of U.S. goods from next month after Trump implemented blanket tariffs on steel and aluminum imports. “Of course I will respond,” Trump told reporters …

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Ontario premier freezes plan to slap surcharge of electricity exports to US

12 Mar 2025

OTTAWA (Reuters) -The premier of the Canadian province of Ontario said he was suspending plans to impose a 25% surcharge on electricity exports to the United States and would fly to Washington this week for talks with the Trump administration. Doug Ford made his surprise announcement on Tuesday just hours after telling U.S. networks that …

Ontario premier freezes plan to slap surcharge of electricity exports to US Read More »

French defence build-up must not push finances off course, minister says

12 Mar 2025

PARIS (Reuters) – French government plans to increase defence spending must be designed in a way that does not push strained public finances off course, Finance Minister Eric Lombard said on Wednesday. In the face of threats from Russia and the prospect of a reduced U.S. security role in Europe, President Emmanuel Macron said this …

French defence build-up must not push finances off course, minister says Read More »

Frustrated Portuguese voters doubt snap election will bring political stability

12 Mar 2025

By Sergio Goncalves and Miguel Pereira LISBON (Reuters) – Portuguese voters are becoming increasingly frustrated with the country’s political elites as another snap election looms – without any signs that it will bring stability. Portugal’s centre-right minority government collapsed on Tuesday after Prime Minister Luis Montenegro lost a confidence motion, just 11 months after he …

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US trade rep Greer says EU retaliation ignores US national security needs

12 Mar 2025

WASHINGTON (Reuters) – U.S. Trade Representative Jamieson Greer said on Wednesday that the European Union’s retaliation against President Donald Trump’s strengthened steel and aluminum tariffs shows that the bloc’s trade policies are “out of step with reality.” Greer, in a rare public statement since taking office in late February, said the EU’s retaliatory tariffs on …

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Northvolt bankruptcy strikes blow to Sweden’s northern boom town

12 Mar 2025

STOCKHOLM (Reuters) – The bankruptcy of battery cell maker Northvolt, once the leader of Sweden’s green industrial boom, is a huge blow to the country’s north and particularly the small town of Skelleftea. The town, founded 180 years ago as a mining city to serve the surrounding mineral-rich mountains, had long been in decline when …

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Canadians, stung by Trump’s tariffs and rhetoric, balk at US travel

12 Mar 2025

By Doyinsola Oladipo NEW YORK (Reuters) – Right on the U.S.-Canadian border, Corey Fram’s tourism marketing job has gotten a lot harder of late. Fram is director of the 1000 Islands International Tourism Council, which promotes a nature destination with castles, cruises, hikes and fishing enjoyed by Canadians and Americans. But he says U.S. President …

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Trump’s tariffs on steel, aluminum to raise costs for US energy firms, experts say

12 Mar 2025

By Vallari Srivastava (Reuters) -U.S. tariffs on steel and aluminum imports are poised to escalate costs for the oilfield service companies behind North America’s vast energy industry, as their operations rely heavily on these metals. Steel is essential for everything from the drilling rigs and pipelines to refineries and storage tanks provided by companies such …

Trump’s tariffs on steel, aluminum to raise costs for US energy firms, experts say Read More »

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