Washington

Shooting in Washington: Two Israeli Diplomats Killed, Suspect in Custody

Shortly after 9 PM, gunfire broke out in front of the Capital Jewish Museum in Washington. The incident resulted in two victims: Yaron Lischinsky, 28, and his partner Sarah Lynn Milgrim, both employees of the Israeli Embassy in the United States.  The assailant was immediately restrained by the museum's security and handed over to the ...

US Sanctions Four Key Hezbollah Financiers in Lebanon and Iran

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on two senior Hezbollah officials and two financial facilitators based in Lebanon and Iran for coordinating funding to support the group’s “terrorist activities.” According to a press release issued by the Department of the Treasury on ...

Protection Racket? Asian Semiconductor Giants Fear Looming Tariffs

Inside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing. Last month, Washington announced a national security probe into imports of semiconductor technology, which could put the industry in the crosshairs ...

Trump Says would be 'Stupid' to Reject Qatari Air Force One Gift

US President Donald Trump on Monday angrily dismissed concerns over his plans to receive a jet from Qatar to be used as Air Force One, saying it would be "stupid" not to accept such a gift. The offer from Qatar's royal family to donate the $400 million 747-8 to be used as the US presidential plane raised major questions about ethics and security, ...

Trump Hails Air Force One 'Gift' after Qatari Luxury Jet Reports

Donald Trump on Sunday defended plans to receive a new Air Force One as a gift, after reports he will accept a luxury Boeing jet from Qatar despite strict rules on presents for US presidents. Calling the plane a "flying palace," ABC News, which first reported the story, said the Boeing 747-8 jumbo jet gifted from the Qatari royal family would ...

US, China Agree to Establish 'Consultation Mechanism' on Trade

Chinese Vice Premier He Lifeng said Sunday that Beijing and Washington had agreed during weekend talks in Geneva to create a "consultation mechanism", as they strive to de-escalate trade tensions. Speaking to reporters in Geneva, He said that the closed-door discussions with US Treasury Secretary Scott Bessent and Trade Representative Jamieson ...

Stocks Rise as US-UK Unveil Trade Deal

Stock markets mostly rose Thursday as US President Donald Trump unveiled a trade deal with Britain, boosting hopes for other countries' tariff negotiations. After the turbulence sparked by Trump's "Liberation Day" tariffs on April 2, markets have settled in recent weeks on optimism that countries will reach agreements with Washington to avoid his ...

Starmer Says UK-US Trade Deal a 'Fantastic, Historic Day'

British Prime Minister Keir Starmer said Thursday it was a “really fantastic, historic day," after he agreed a US-UK trade deal with President Donald Trump. The agreement lifts tariffs on UK steel and aluminum products and slashes levies on British car exports from 27.5 percent to 10 percent, Downing Street said. "This is a really fantastic, ...

Trade War: China Navigates the Storm with a Steady Compass

Since Washington decided to strike hard with 145% tariffs, trade relations between China and the US have shifted from a negotiation table to a boxing ring. The blow is heavy: in 2024, the US alone accounted for nearly $500 billion in Chinese imports, making it Beijing’s largest commercial partner. In real terms, nearly one in five Chinese ...