World News

'I think that will happen': Trump confident that US will annex Greenland

Greenland's pro-business opposition Demokraatit party, which wants a slow approach to independence from Denmark, won Tuesday's parliamentary election

US producer inflation steady, labour market stable amid tariff risks

Economists polled by Reuters had forecast the PPI climbing 0.3 per cent after a previously reported 0.4 per cent gain in January

Whether US is heading for recession or just 'detox', downturns are costly

US markets have been roiled over Trump's unpredictable trade policies, including on tariffs, as investors grapple with uncertainty and escalating conflicts with trading partners

US judge asks Trump administration to reinstate thousands of fired workers

Probationary workers typically have less than one year of service in their current roles, though some are longtime federal employees

Canada initiates WTO dispute complaint on US steel, aluminium duties

The request was circulated to World Trade Organization members on Thursday

Putin supports US ceasefire plan for Ukraine, says need to sort out details

Russian forces have been advancing since mid-2024 and control nearly a fifth of Ukraine's territory, three years into a war that US President Donald Trump has said he will halt

US envoy in Moscow for ceasefire talks as Russia claims truce aids Kyiv

The diplomatic effort coincided with a Russian claim that its troops have driven the Ukrainian army out of a key town in Russia's Kursk border region

G7 seeks unity as Trump's tariffs, Ukraine policy strain alliances

On Monday, Rubio cautioned that Washington did not want language that could harm efforts to bring Russia and Ukraine to the negotiating table

Iran asks Trump to end threats, pressure tactics if it wants nuclear talks

Iran is among the most sanctioned countries in the world and the vast majority of the penalties are enforced by the US government and directly target crucial oil exports

US judge orders DOGE, Musk to produce records about cost-cutting ops

Wednesday night's decision by US District Judge Tanya Chutkan in Washington, D.C., came in a lawsuit by 14 Democratic state attorneys general against Musk, DOGE and Republican President Donald Trump

US jobless claims dip as labour market stays stable despite risks

Unions representing some of the civil servants have challenged the layoffs, resulting in reinstatements. Agencies have a Thursday deadline to submit plans for large-scale layoffs

White House withdraws Dave Weldon as pick for CDC director: Report

Vaccine critic Dave Weldon, President Donald Trump's pick to lead the US Centers for Disease Control and Prevention, was set to appear in front of the Health, Education, Labor and Pensions Committee

US FTC dismisses Amazon trial delay, insists DOGE cuts won't derail case

FTC reverses claim of resource constraints, says Amazon trial will proceed as scheduled despite DOGE-driven budget cuts and staff reductions under the Trump administration

Trump threatens 200% wine tariff if EU does not remove whiskey tariff

This comes a day after Trump pledged more tariffs after his government's 25 per cent tariffs on all steel and aluminium imports invited retaliatory action from the European Union and Canada

Stretch of Amazon cleared to build highway for COP30, sparks controversy

The Amazon is vital for absorbing carbon and maintaining biodiversity. Many argue that clearing land for a road goes against the purpose of a climate summit.

Russia criticises US ceasefire idea for Ukraine as Putin plays hardball

Trump had said in the White House on Wednesday that he hoped the Kremlin would agree to the US proposal for a 30-day ceasefire that Ukraine said it would support

EU carbon border policy may hurt global climate cooperation: Study

These recommendations are particularly crucial for India-EU negotiations on the CBAM as part of the ongoing Free Trade Agreement discussions

Escalating trade war threatens oil demand as Opec+ boosts supply, says IEA

Oil is trading near $71 a barrel in London after sinking to the lowest since 2021 last week, following Opec+'s decision to gradually restart halted production from April

Canada sounds the alarm as US trade war escalates ahead of G7 Summit

Ahead of G7 Summit, Canada urges allies to resist US trade war, calling tariffs an economic weapon and warning that no country is immune to Washington's coercion

Pope marks 12th anniversary of papacy in hospital, condition improving

A chest X-ray confirmed improvements, the Vatican said on Wednesday, just two days after days after doctors declared he's no longer in imminent danger of death