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Author: ALJAZEERA
Top US diplomat warns that Washington may withdraw from talks between Russia and Ukraine if swift progress is not made.
‘Ripple effect:’ In US, anti-immigrant policy strains child and eldercare | Business and Economy
When she saw the Trump sign in the yard, Camila knew she would have to watch out. It was February 2025, and Camila* had shown up at a home in North Texas to meet the new family for whom she would nanny. The 22-year-old college student doesn’t have legal documentation, but that’s never been an issue. In her experience, many families like to pay their childcare workers in cash. Still, this new family posed an interesting challenge. The interior of the home was filled with more Trump paraphernalia. “Trump everything, everywhere,” Camila says. It turned out the father works for…
The ruling could allow prosecutors to argue for a breakup of Google’s advertising products.A United States judge has ruled that Alphabet’s Google illegally dominated two markets for online advertising technology, dealing another blow to the tech titan in an antitrust case brought by the US government. On Thursday, US District Judge Leonie Brinkema, in Alexandria, Virginia, ruled that Google unlawfully monopolised markets for publisher ad servers and the market for ad exchanges, which sit between buyers and sellers. Antitrust enforcers failed to show the company had a monopoly in advertiser ad networks, she wrote. The ruling could allow prosecutors to…
Beijing’s comments come after White House says Chinese exports could face duties of up to 245 percent.China’s Ministry of Foreign Affairs has said it will pay no attention to United States President Donald Trump’s “tariff numbers game” after the White House suggested Chinese exports are facing tariffs of up to 245 percent. The White House disclosed the latest tariff rates in a fact sheet earlier this week. The fact sheet includes Trump’s recent 125 percent tariff and earlier 20 percent tariff imposed in response to Beijing’s alleged failure to curb fentanyl exports to the US, as well as potential duties…
Boeing’s setback boosts competitiveness for rivals Airbus and COMAC in China.China has reportedly ordered its airlines not to take any further deliveries of Boeing jets in response to United States President Donald Trump’s decision to impose 145 percent tariffs on Chinese goods. Bloomberg News, citing people familiar with the matter, reported the development on Tuesday. The global aerospace industry is in the middle of a full-blown tariff war, with planemakers, airlines and suppliers reviewing contracts worth billions of dollars, after US supplier Howmet Aerospace ignited a debate over who should bear the cost of the tariffs. China’s top three airlines…
China accuses US of launching cyberattacks during Asian Winter Games | Cybersecurity News
Chinese police add three alleged NSA agents to a wanted list over ‘advanced’ attacks.Police in the northeastern Chinese city of Harbin have accused the National Security Agency (NSA) of the United States of launching “advanced” cyberattacks during the Asian Winter Games in February, targeting essential industries. They added three alleged NSA agents to a wanted list while also accusing the University of California and the Virginia Polytechnic Institute and State University of being involved in the attacks after carrying out investigations, according to a report by state news agency Xinhua on Tuesday. It did not specify how the two US…
Markets fall after rebounding earlier this week as US-China trade war escalates, threatening global supply chains.
Trump’s tariffs: A simple illustrated guide to 15 economic terms to know | Donald Trump News
Throughout the past few weeks, United States President Donald Trump has announced a series of tariff policies, with shifting statements that have led to growing concerns about global economic instability. With Trump’s tariffs affecting nearly every country, many terms have been thrown around to describe the potential results. From trade wars to stock market drops, this article explains, in simple terms with illustrations, what these key terms mean, including those that may become more important in the coming months. 1. Tariff Tariffs are simply taxes imposed at the border by one country on the goods of a foreign country. They…
United States consumer sentiment plunged in April, marking the fourth month in a row of declines – widely seen as a pointed reaction to President Donald Trump’s escalating trade wars, which have fuelled concerns over potential job losses and rising inflation. The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, fell 11 percent in March to 50.8 percent, the lowest since the depths of the COVID-19 pandemic. Over the past year, sentiment tumbled 34 percent. The decline was “pervasive and unanimous across age, income, education, geographic region, and political affiliation”, Survey of Consumers director…
Prada acquires rival Versace for $1.4bn despite tariff uncertainty | Fashion Industry News
Fashion brand Prada has agreed to buy its smaller rival Versace for $1.38bn from Capri Holdings, bringing together two of the biggest names in Italian fashion and the prospect of enhanced revenues. The deal was announced on Thursday. Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent quarters. Owning Versace, with its bold, baroque-style prints, will bring new customers to Prada, known for its minimalist style. “There are no overlaps in terms of creativity, in terms of customers,” said Lorenzo Bertelli, marketing director and a member of…