LONDON: The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the latest sign of how the Trump administration’s policies are eroding trust in the U.S. as a bedrock of financial stability. As the leading currency for global trade and capital flows, the U.S. dollar […]
US President Donald Trump said Tuesday that Ukraine should not target Moscow, after the Kremlin charged that a new US plan to supply weapons to Kyiv along with sanctions threats against Russia would delay peace efforts.US President Donald Trump said Tuesday that Ukraine should not target Moscow, after the Kremlin charged that a new US […]
President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and said more deals were in the works as he continued to press for what he views as better terms with trading partners and a path to reducing a […]
President Vladimir Putin intends to keep fighting in Ukraine until the West engages on his terms for peace, unfazed by Donald Trump’s threats of tougher sanctions, and his territorial demands may widen as Russian forces advance, three sources close to the Kremlin said. Putin, who ordered Russian troops into Ukraine in February 2022 after eight years of fighting in the country’s east between Russian-backed separatists and Ukrainian troops, believes Russia’s economy and its military are strong enough to weather any additional Western measures, the sources said. Trump on Monday expressed frustration with Putin’s refusal to agree to a ceasefire and announced a wave of weapons supplies to Ukraine, including Patriot surface-to-air missile systems. He also threatened further sanctions on Russia unless a peace deal was reached within 50 days. The three Russian sources, familiar with top-level Kremlin thinking, said Putin will not stop the war under pressure from the West and believes Russia — which has survived the t...
U.S. President Donald Trump announced new weapons for Ukraine on Monday, and threatened sanctions on buyers of Russian exports unless Russia agrees a peace deal, a major policy shift brought on by frustration with Moscow’s ongoing attacks on its neighbor. But Trump’s threat of sanctions came with a 50-day grace period, a move that was […]
American comedian and talk show host Rosie O’Donnell has reacted after Donald Trump threatened to revoke her US citizenship. To Read Lifestyle Stories in Urdu – Click Here Known as a hard critic of the US president, the talk show host moved to Ireland earlier this year and is reportedly working to take up citizenship. […]
The European Union braced on Friday for a possible letter from U.S. President Donald Trump outlining planned duties on the United States’ largest trade and investment partner after a broadening of his tariff war in recent days. The EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months […]