Page 2 - World News
US will intensify sanctions on Russia, Iran: Treasury secy Scott Bessent
Sanctions on Russia "will be used explicitly and aggressively for immediate maximum impact" at President Donald Trump's guidance, Bessent told an audience at the Economic Club on New York
 "US will intensify sanctions on Russia, Iran: Treasury secy Scott Bessent")
ECB's role isn't funding military, says Lagarde amid EU spending shift
The monetary chief told reporters in Frankfurt on Thursday that a huge increase military spending is likely to boost the economy
 "ECB's role isn't funding military, says Lagarde amid EU spending shift")
CIA fires unspecified number of new officers on performance issues
The firings under US President Donald Trump's new CIA director, John Ratcliffe, come as Trump presides over massive federal workforce reductions overseen by billionaire Elon Musk and his DOGE
 "CIA fires unspecified number of new officers on performance issues")
Worst German bond rout since 1990 triggers global selloff as yields surge
German bonds held their declines after the European Central Bank cut rates as predicted and indicated its easing phase is drawing to a close
 "Worst German bond rout since 1990 triggers global selloff as yields surge")
Trump holds talks with Mexican Prez, delays 25% tariff plans till Apr 2
This is the second one-month postponement Trump has announced since first unveiling the import taxes in early February
 "Trump holds talks with Mexican Prez, delays 25% tariff plans till Apr 2")
As Trump goes after universities, students now on the chopping block
Members of the administration have cast the cuts as a way to reduce wasteful government spending, sometimes in political terms
 "As Trump goes after universities, students now on the chopping block")
US tariffs, if sustained, will impact the economies of Mexico, Canada: IMF
IMF spokesperson Julie Kozack said the IMF would release a more comprehensive assessment at the spring meetings of the IMF and World Bank in Washington in April
 "US tariffs, if sustained, will impact the economies of Mexico, Canada: IMF")
Canada will be in trade war with US for 'foreseeable future', says Trudeau
Donald Trump launched a new trade war by imposing tariffs against Washington's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China
 "Canada will be in trade war with US for 'foreseeable future', says Trudeau")
Putin says any peace deal on Ukraine must ensure Russia's security
Putin, asked by a mother of a fallen soldier if Russia would retreat, said that Russia did not intend to do that
 "Putin says any peace deal on Ukraine must ensure Russia's security")
One-month tariff relief likely to be extended to all USMCA-compliant goods
US Commerce Secretary Howard Lutnick said he is hopeful the president will announcement that extension on Thursday.
 "One-month tariff relief likely to be extended to all USMCA-compliant goods")
Russia mocks Macron as 'Micron', warns France against nuclear threats
Russian officials and lawmakers accused Macron of rhetoric that could push the world closer to the abyss. Russian cartoons cast him as Napoleon Bonaparte riding towards defeat in Russia in 1812
 "Russia mocks Macron as 'Micron', warns France against nuclear threats")
US trade deficit hits record high in Jan on imports surge ahead of tariffs
The deterioration in the trade deficit and drop in consumer spending in January have raised the risk of a contraction in gross domestic product in the first quarter
 "US trade deficit hits record high in Jan on imports surge ahead of tariffs")
China deepens ties with B'desh, extends loan repayment, duty-free access
The delegation headed by Abdul Moyeen Khan, a senior leader of the opposition Bangladesh National Party, visited China at the invitation of the ruling Communist Party of China
 "China deepens ties with B'desh, extends loan repayment, duty-free access")
Trump's tariffs put Starlink's future in Canada in uncertain waters
Starlink flies more than 7,000 satellites in low-Earth orbit (LEO) serving some 5 million subscribers, and Canada is the company's largest market outside of the US
 "Trump's tariffs put Starlink's future in Canada in uncertain waters")
ECB cuts rates, signals possible further easing amid economic uncertainty
Easing for the sixth time since June, the ECB lowered its deposit rate to 2.5 per cent in a nod to slowing inflation and faltering growth
 "ECB cuts rates, signals possible further easing amid economic uncertainty")
Trump, tariffs, and European defence spending cloud ECB meeting outlook
Also in the mix are concerns that Trump will impose new tariffs on European goods, hurting growth in an export-dependent economy
 "Trump, tariffs, and European defence spending cloud ECB meeting outlook")
US job cuts rise 245% in Feb on govt layoffs, exceeding last two recessions
Global outplacement firm Challenger, Gray & Christmas said on Thursday that planned job cuts vaulted 245 per cent to 172,017 last month, the highest level since July 2020
 "US job cuts rise 245% in Feb on govt layoffs, exceeding last two recessions")
SpaceX's Starship Flight 8 set to launch today; know when & where to watch
SpaceX aims to repeat history by catching a Super Heavy booster through giant metal arms. The mission is scheduled to take place on March 6, 2025
 "SpaceX's Starship Flight 8 set to launch today; know when & where to watch")
TSMC to invest $100 bn in US expansion on strong customer demand: CEO
Apple chipmaker Taiwan Semiconductor Manufacturing Company Limited (TSMC) CEO CC Wei said US investment will not impact domestic expansion
 "TSMC to invest $100 bn in US expansion on strong customer demand: CEO")
Donald Trump plans to revoke legal status of Ukrainians who fled to US
The move, expected as soon as April, would be a stunning reversal of the welcome Ukrainians received under President Joe Biden's administration
 "Donald Trump plans to revoke legal status of Ukrainians who fled to US")
