U.S. President Donald Trump

March 12, 2025 10:59 AM

US Education Department to cut half its staff as Trump eyes its elimination

India’s Wholesale Price Index (WPI) inflation is expected to have fallen to 2% in February 2025, down from 2.3% in January, driven by a drop in oil prices and a seasonal decline in food prices, according to a report by Union Bank of India (UBI). The report noted that the primary factor behind the moderation in WPI inflation was the sharp decline in vegetable prices, a major component of food inflation. Vegetable prices are estimated to have dropped by 12% month-on-month, helping to ease infla...

March 11, 2025 3:38 PM

WHO starts process of slimming down in response to U.S. cuts

The World Health Organization has started a process of fixing new priorities and announced a one-year limit on staff contracts, an internal memo showed on Tuesday, as it aims to make the U.N. agency more sustainable after the U.S. withdrawal. The memo, dated March 10 and signed by WHO's Assistant Director-General Raul Thomas, laid out further cost-cutting measures - the latest in a series of such steps since U.S. President Donald Trump's announcement in January. Senior WHO officials have begun...

March 7, 2025 9:56 AM

China’s January-February exports, imports weaker than expected

China's exports lost momentum over the January-February period and imports unexpectedly shrank, amid escalating trade tensions with the United States, dealing a blow to an economic recovery that has so far largely been reliant on exports. Exports from the largest manufacturing nation rose just 2.3% year-on-year, customs data showed on Friday, missing 5% growth forecast in a Reuters poll of economists, and slowing from December's 10.7% increase. Imports shrank 8.4%, following a 1.0% uptick in D...

March 3, 2025 4:44 PM

UK, France propose partial one-month Ukraine truce, Paris says

France and Britain are proposing a partial one-month truce between Russia and Ukraine that would cover air, sea and energy infrastructure attacks but not include ground fighting, French President Emmanuel Macron and his foreign minister said. The comments came amid a flurry of European diplomacy designed to shore up Western support for Ukraine following an acrimonious meeting between President Volodymyr Zelenskiy and U.S. President Donald Trump in the Oval Office on Friday. "Such a truce on ai...

March 3, 2025 2:28 PM

US aircraft carrier visits South Korea in show of force against North Korea

The U.S. aircraft carrier USS Carl Vinson arrived at the southern port city of Busan in South Korea on Sunday as a show of force against North Korea, South Korea's navy said. It is the first U.S. aircraft carrier to dock at a South Korean port since U.S. President Donald Trump's second term in office began in January. The visit was part of the "ironclad" commitment of the United States to extended deterrence and to show readiness by the military alliance between Seoul and Washington against No...

March 3, 2025 9:39 AM

Israel blocks aid into Gaza as ceasefire standoff escalates

Israel blocked the entry of aid trucks into Gaza on Sunday as a standoff over the truce that has halted fighting for the past six weeks escalated, with Hamas calling on Egyptian and Qatari mediators to intervene. Israeli Prime Minister Benjamin Netanyahu's office said earlier that it had adopted a proposal by U.S. President Donald Trump's envoy, Steve Witkoff, for a temporary ceasefire in Gaza for the Ramadan and Passover periods, hours after the first phase of the previously agreed ceasefire e...

February 28, 2025 10:55 AM

Trump vows March 4 tariffs for Mexico, Canada, extra 10% for China over fentanyl

U.S. President Donald Trump on Thursday said his proposed 25% tariffs on Mexican and Canadian goods will take effect on March 4 along with an extra 10% duty on Chinese imports because deadly drugs are still pouring into the U.S. from those countries. Trump told reporters in the Oval Office that the fresh tariffs on Chinese imports would stack on top of the 10% tariff that he levied on Feb. 4 over the fentanyl opioid crisis, resulting in a cumulative 20% tariff. Trump first announced the new du...