Donald Trump

Trump's New Tariffs: A Storm Brewing in Troubled Waters

President Donald Trump's recent decision to impose historic tariffs on 185 countries and territories, announced on Thursday, has reverberated across the global economy. The repercussions of these tariffs will be felt worldwide, with Arab countries being especially impacted. Among the hardest-hit nations are Syria, Iraq, Libya, Algeria and Tunisia, ...

Russian Envoy Seeks Cooperation With US at Landmark Washington Talks

The most senior Russian official to visit Washington since the start of the Ukraine war said Thursday he had discussed potential cooperation with the United States in the Arctic and on rare earth metals but acknowledged that "disagreements" remain. Kirill Dmitriev, head of Russia's sovereign wealth fund and President Vladimir ...

Under US Pressure, Iran May Withdraw from Yemen

According to information reported by British media outlet The Telegraph on Thursday, Iran has ordered its military forces in Yemen to withdraw from the country due to the intensification of US airstrikes on its Houthi allies. A senior Iranian official stated that the decision aimed to avoid a direct confrontation with the United States if an ...

Mission Ortagus 2: Disarming Hezbollah and Addressing Border Tensions

Morgan Ortagus, the US Deputy Special Envoy for the Middle East, is scheduled to arrive in Beirut tomorrow, Friday, as part of a renewed effort to resolve the ongoing conflict between Lebanon and Israel and to revive negotiations over border disputes. Until yesterday, the Lebanese government had not been informed of Ortagus’s visit. However, ...

Oil Prices Plunge Amid Trade War Fears and OPEC+ Production Boost

Oil prices plunged on Thursday after the announcement of U.S. protectionist measures by President Donald Trump, triggering fears over the potential impact on global economic growth and oil demand. Adding to the downward pressure, OPEC revealed a larger-than-expected increase in production. By 12:05 GMT (14:05 Paris time), Brent crude for June ...

Fitch Downgrades China's Rating to 'A', Outlook Stable

Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns. "The downgrade reflects our expectations of a continued weakening of China's public finances and a rapidly rising public debt trajectory during the country's economic ...

Dollar, Stocks Sink as Gold Hits High on Trump Tariffs

The dollar and equity markets tumbled Thursday after President Donald Trump's latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation. The dollar slumped by as much as 2.6 percent versus the euro, its biggest intraday plunge in a decade, and suffered sharp losses also against ...

Rubio Says US Committed to NATO - But Tells Allies to Spend More

US Secretary of State Marco Rubio told nervous NATO members on Thursday that Washington remained committed to the alliance, but said they must agree to massively ramp up their spending targets for defense. President Donald Trump has rattled Europe by casting doubt on his willingness to defend all allies, and by reaching out to Russia over the war ...

Forbes 2025: Lebanese Figures Stand Out Among the World's Billionaires

The latest Forbes Billionaires ranking for 2025 was released in early April, setting new records with a total of $16.1 trillion—$2 trillion more than the previous year. No longer just a compilation of names and figures, it now serves as a map of the global economic elite, where market surges, major acquisitions, and breakthrough innovations ...

What the world said about Trump's tariffs

US President Donald Trump on Wednesday announced sweeping new tariffs on imports to the United States from countries right across the globe. Here are international reactions so far from the world's major economies: China  Beijing said it "firmly opposes" the new tariffs on its exports, and vowed "countermeasures to safeguard its own rights and ...

Nothing Is Going Well for the Mullahs…

By playing Russian roulette for too long, one eventually gets shot. This is the situation Iran's leaders are now facing. Since 1979, Khomeini and his successors have tried to export their so-called Islamic Revolution throughout the region. Without any success, but with plenty of blood, wars and tears. First in Iraq, then in Syria, Yemen, Lebanon ...

Fresh Trump Tariffs to Take Effect on April 5 and 9

President Donald Trump's sweeping new tariffs on US trading partners are set to begin this weekend, said White House officials Wednesday, with a higher rate on "worst offenders" to take effect next week. Declaring that a "national emergency" stemmed from security concerns due to persistent trade deficits, the White House ...