This is Beirut, 04/04 14:15 - Reading : 1 minute(s)
Donald Trump USA China Tariffs economic war
China said on Friday it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products. "For all imported goods originating from the US, an additional tariff of 34 percent on top of the current applicable tariff rate will be imposed," Beijing's finance ministry said. Beijing's ...
This is Beirut, 04/04 10:25 - Reading : less than a minute
Europe Donald Trump Banks Covid-19 European Union
European equities opened in the red on Friday, extending losses after US President Donald Trump's tariff offensive sparked a global stock market rout. Paris shed 0.9 percent to 7,533.26 points, Frankfurt fell 0.7 percent to 21,566.33 and London also dropped 0.7 percent to 8,416.32. Trump's harsher-than-expected "Liberation Day" levies sent ...
This is Beirut, 04/04 10:00 - Reading : 2 minute(s)
Donald Trump USA National Security Timothy Haugh
The head of the secretive US intelligence body, the National Security Agency (NSA), was fired Thursday, US media reported. The Washington Post cited US officials who said General Timothy Haugh was fired after little over a year in the job. The officials did not give a reason for Haugh's removal, The Post added. Haugh was also serving as head of ...
Amal Chmouny, 04/04 10:00 - Reading : 5 minute(s)
USA Iran United States Donald Trump
As tensions in the Middle East escalate, US officials are increasingly advocating for a robust response to the dual challenges posed by Iran: its pursuit of nuclear weapons and its sophisticated military capabilities. This strategy emphasizes the urgent need for a comprehensive approach to address these complexities and leverage recent setbacks ...
Christiane Tager, 04/04 09:30 - Reading : 5 minute(s)
Donald Trump European Union Banks Europe Turkey
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, ...
This is Beirut, 04/04 05:10 - Reading : 2 minute(s)
United States Russia Washington Donald Trump Vladimir Putin
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 ...
This is Beirut, 03/04 22:30 - Reading : less than a minute
USA Donald Trump Houthi Tehran United States
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 ...
Élie-Joe Kamel, 03/04 19:40 - Reading : 5 minute(s)
Hezbollah Donald Trump Morgan Ortagus Israel Lebanon
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, ...
This is Beirut, 03/04 18:25 - Reading : 2 minute(s)
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 ...
This is Beirut, 03/04 17:10 - Reading : 1 minute(s)
Donald Trump United States China Tariffs
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 ...
This is Beirut, 03/04 15:50 - Reading : 3 minute(s)
Donald Trump European Union Europe New York United States
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 ...
This is Beirut, 03/04 14:35 - Reading : 4 minute(s)
USA Donald Trump US Secretary of State Europe European Union
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 ...