Global News
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Canada’s Liberals win minority government; Carney declares old US relationship ‘is over’
Canadian Prime Minister Mark Carney’s Liberals retained power in Monday’s election, securing 167 seats—short of the 172 needed for a majority government—amid growing tensions with the United States under President Donald Trump. In his victory speech, Carney emphasized that Canada’s traditional relationship with the U.S., based on economic integration and free trade, was over. “The system of open global trade…
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Catholic Cardinals meet May 7 to choose new Pope
Catholic cardinals will meet on May 7 to start voting for a new pope, the Vatican announced on Monday, a week after the death of Pope Francis. So-called “Princes of the Church” under the age of 80 will meet in the Sistine Chapel to choose a new religious leader of the world’s 1.4 billion Catholics. The date was decided at…
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Trump’s plan to give Ukrainian land to Russia ‘a capitulation,’ Germany warns, as Putin thanks North Korea for troops
Ceding large swathes of Ukrainian land to Russia under a peace proposal suggested by US President Donald Trump would be “a capitulation,” Germany’s defense minister warned on Sunday, as North Korea acknowledged for the first time it had deployed troops to fight for Moscow. Ukraine knew that it may have to cede some territory to reach a lasting ceasefire deal…
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Zelensky and Trump hold ‘very productive’ talks at Vatican
Donald Trump and Volodymyr Zelensky meet before Pope Francis’s funeralUkrainian President Volodymyr Zelensky and US President Donald Trump met at the Vatican ahead of Pope Francis’s funeral – their first face-to-face encounter since February’s acrimonious Oval Office showdown. The pair were pictured locked in deep discussion, minutes before the late pontiff’s funeral was due to start.The White House described the…
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Houthis’ successful targeting of US drones is hampering Trump’s mission to kill group’s senior leadership
In the month since the US launched a major military campaign targeting the Houthi rebel group in Yemen, the militants have successfully shot down at least seven multi-million-dollar American drones, hindering the US’ ability to move into “phase two” of the operation, multiple US officials familiar with the matter told CNN. The US was hoping to achieve air superiority over…
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World leaders join thousands of mourners for Pope’s funeral
After three days on view at St. Peter’s Basilica, the pope will be taken to St. Mary Major today, where he will be entombed. More than 500,000 people are expected to attend the funeral for Pope Francis, who was loved by many around the world for railing against unbridled capitalism and climate change and for his work with the poor…
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Okonjo-Iweala urges stronger intra-African trade amid rising US tariffs
Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO), has called for increased intra-African trade and economic self-reliance in response to new US tariffs on African exports. Speaking on the sidelines of the IMF and World Bank spring meetings in Washington, DC, Okonjo-Iweala said the US tariffs—announced by President Donald Trump on April 2—pose limited threat to the continent as…
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China quietly rolls back retaliatory tariffs on some US-made semiconductors, import agencies say
China appears to have quietly rolled back retaliatory tariffs of 125% on some semiconductors made in the US, according to details provided to CNN on Friday by three import agencies in the southern technology hub of Shenzhen, as Beijing tries to soften the blow of an ongoing trade war on its all-important tech industry. The exemptions apply to integrated circuits,…
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China exempts some goods from US tariffs
China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need levy-free, according to businesses that have been notified, in the clearest sign yet of Beijing’s concerns about the trade war’s fallout. The dispensation, which follows de-escalatory statements from Washington, signals that the world’s two largest economies were prepared to rein…
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Dangote, Mittal back World Bank’s jobs drive
The World Bank Group has expanded its Private Sector Investment Lab, enlisting prominent business leaders including Aliko Dangote and Sunil Bharti Mittal to drive investments that boost job creation in developing countries. World Bank President Ajay Banga said the initiative is transitioning from ideation to implementation, focusing on attracting private capital into sectors such as infrastructure and healthcare, which are…
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