World & Politics
Reuters: India ready to cut duties on 55% of imports from the US - 03/26/2025
India is set to reduce tariffs on 55% of its imports from the United States as part of an agreement with Washington, which has warned of implementing reciprocal import duties on several nations, two government officials in New Delhi told Reuters. U.S. products are currently facing tariffs that range from 5% to 30% in India. The reciprocal duties in the US are set to take effect from April 2...
European Commission urges Turkey to respect democratic norms - 03/25/2025
The detention of Istanbul Mayor Ekrem İmamoğlu and his supporting protesters prompts concerns regarding Turkey's adherence to longstanding democratic customs, stated European Commission spokesperson Guillaume Mercier. ‘Turkey, being part of the Council of Europe and seeking EU membership, is required to uphold democratic values. That is the reason why the rights of elected representatives and the...
Trump promises to impose duties of 25% on countries that buy oil and gas from Venezuela - 03/25/2025
US President Donald Trump announced that starting April 2, Washington will levy a 25% tariff on products from nations that purchase oil or gas from Venezuela. Trump stated on Truth Social, ‘Any nation buying oil and/or gas from Venezuela will be required to pay a 25% tariff to the United States on any exchanges they make with us.’ The US leader added that Washington is making this move for...
Germany approves state debt reform - 03/24/2025
Germany's Bundesrat, the upper chamber of parliament, has endorsed the revision of regulations regarding the nation’s debt, along with establishing a 500 billion euro fund aimed at enhancing infrastructure and bolstering the economy. German media reported that 53 out of 69 MPs voted “in favor,” surpassing the necessary minimum of 46 votes. The constitutional change to relax the debt brake...
EU condemns Israel's cutoff of electricity to Gaza and blockade of humanitarian aid - 03/13/2025
Israel's choice to halt electricity supply to the Gaza Strip and stop humanitarian aid deliveries is obstructing efforts to maintain the ceasefire, stated Anouar El Anouni, spokesperson for EU diplomatic head Kaja Kallas. "We denounce any action that infringes upon basic rights and disrupts the delivery of essential services for everyday living." "Our main focus is to boost assistance and...
Japan's Q4 GDP growth estimate worsened to 0.6% from 0.7% - 03/11/2025
According to the government's final report, Japan's GDP rose by 0.6% in the fourth quarter of 2024 compared to the prior three months. It was announced earlier that the GDP rose by 0.7%. Analysts surveyed by Trading Economics did not predict a revision. Although the estimate was lowered, Japan's economy expanded more rapidly in the fourth quarter compared to the third quarter, which recorded a...
SOHR: Number of civilians killed in clashes in Syria reaches 830 - 03/10/2025
The Syrian Observatory for Human Rights (SOHR) reports that 830 civilians have died in two days due to conflicts between the security forces of the new regime and backers of the deposed President Bashar al-Assad. The observatory states that the civilians have been executed. The overall number of fatalities, including both civilians and military personnel, has totaled 1,311. SOHR has issued an...
DOGE: The U.S. gave $300 million in loans to children under 11 during the COVID-19 pandemic - 03/10/2025
The Department of Government Efficiency (DOGE), led by US entrepreneur Elon Musk, reported that the US Small Business Administration (SBA) issued approximately 5,500 loans amounting to $312 million to children under 11 during 2020-2021. The Small Business Administration issued 5,593 loans amounting to $312 million to borrowers whose only named owners were 11 years old or younger when the loans...
France's Eutelsat proposes EU to deploy satellites in Ukraine - 03/06/2025
The French satellite company Eutelsat is in talks with the European Union (EU) to offer Ukraine further Internet connectivity. The firm's stock has increased for two days due to speculation that its satellites might take over Elon Musk's Starlink service. Eutelsat manages 35 satellites in geostationary orbit and enhanced its low-Earth orbit network to 600 satellites following the acquisition of...
Greece faces riots during discussion of a vote of no confidence in the government - 03/06/2025
Protesters clashed with law enforcement near the Greek parliament in Athens. Thousands of individuals assembled in Syntagma Square calling for an impartial inquiry into the Tempi train tragedy that took place in February 2023, claiming 57 lives. On the evening of March 5, Greece's biggest opposition party, PASOK, launched a vote of no confidence against the government for failing to properly...