Washington

US Foreign Aid Halt to Have Major Hit on Poorest Countries: Report

A suspension of US foreign aid and possible dismantling of the US Agency for International Development (USAID) will have a major impact on some of the world's poorest countries, the Washington-based Center for Global Development (CGD) warned Tuesday. For more than 20 economies, a year-long pause on US aid could mean a loss of over one percent ...

NBA-Leading Cavaliers, Thunder Roll on With Victories

The pace-setting Cleveland Cavaliers and Oklahoma City Thunder cruised to victories to maintain their grip on the NBA conference standings on Friday. Oklahoma City extended their lead at the top of the Western Conference table, improving to 41-9 for the season after blowing past the Toronto Raptors 121-109. The Thunder welcomed back center Chet ...

IMF to Unveil New Loan Package for Egypt

The International Monetary Fund (IMF) plans to submit a new loan agreement with Egypt for approval by its board, the global lender’s communications chief said Thursday, as the country seeks to strengthen its economy. “A policy package of reforms will be considered by the Fund’s executive board, along with the fourth review of Egypt’s ...

USAID, a Soft Power Tool That Does Not Serve Trump’s Policy

Insubordination, waste of taxpayers’ money and promotion of agendas that run counter to US national interests are some of the reasons spelled out by US President Donald Trump’s administration for freezing foreign aid and targeting the US Agency for International Development (USAID) in particular. Trump, a long-term critic of overseas ...

Musk Takes Reins of US Treasury Payments, Sparking Lawsuit

Elon Musk and his aides have taken control of the US Treasury Department's payments system, triggering a lawsuit charging he is illegally getting access to private data of millions of Americans. Musk, the world's richest person, is leading President Donald Trump's federal cost-cutting efforts under the so-called Department of Government ...

US stocks open sharply lower on Trump tariffs

Wall Street stocks opened sharply lower Monday, joining most international equity bourses in falling after US President Donald Trump launched trade wars against Canada, Mexico and China. The tariffs, if maintained, are expected to prolong or worsen inflationary pressures, hitting growth. About 25 minutes into trading, the Dow Jones industrial ...

OpenAI Announces New 'Deep Research' Tool for ChatGPT

US tech giant OpenAI on Monday unveiled a ChatGPT tool called "deep research" ahead of high-level meetings in Tokyo, as China's DeepSeek chatbot heats up competition in the AI field. Artificial intelligence newcomer DeepSeek has sent Silicon Valley into a frenzy, with its supposed low cost and high performance prompting calls for US developers to ...

How China Allegedly Contributes to the Deadly Fentanyl Crisis

US President Donald Trump has slapped new tariffs on Chinese goods, partly in response to Beijing's alleged role in a deadly opioid epidemic in the United States. Washington has long accused Beijing of turning a blind eye to the deadly fentanyl trade, which US authorities estimate caused tens of thousands of deaths a year. China denies ...

Japan 'deeply concerned' at global impact of Trump tariffs

Japan is “deeply concerned” about the possible repercussions on global trade of US President Donald Trump's sweeping tariffs targeting major trading partners Canada, Mexico and China, its finance minister said Sunday. Trump said Canadian and Mexican exports to the United States would face a 25 percent tariff starting Tuesday, while goods from ...

Investigators Recover Plane Black Boxes from Washington Air Collision

Investigators on Thursday recovered the black boxes from a passenger plane that collided mid-air with a military helicopter over Washington's Potomac River, killing all 67 people, as rescuers pulled bodies from the freezing water. US President Donald Trump launched a political attack blaming diversity and inclusion policies championed by his ...

US Says Killed Senior Qaeda Operative in Syria Strike

  The US military said it killed a senior operative of Al-Qaeda's Syria branch in an air strike on northwestern Syria on Thursday. The area was the stronghold of interim president Ahmed al-Sharaa's Hayat Tahrir al-Sham group before it led the rebel offensive that toppled Bashar al-Assad in December. "US Central Command forces conducted a ...

Plane Crash in Washington Claims Lives of Russian Figure Skating Stars

Global figure skating's tight-knit community was in mourning on Thursday after a passenger jet crash in Washington killed two former world champion coaches and stars from the next generation of top US talent. Former Russian world pairs champions Evgenia Shishkova and Vadim Naumov, who became elite skating coaches, and as many as 14 US skaters ...