Global News
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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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Tinubu to global leaders: Time for climate action is now
By Kunle Sanni President Bola Tinubu has urged world leaders to act with urgency, courage, and unity in addressing the escalating global climate crisis, stating that the world can no longer afford to delay critical climate decisions. Speaking on Wednesday at a high-level virtual dialogue on climate and the just transition—co-hosted by United Nations Secretary-General António Guterres and Brazilian President…
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Istanbul rocked by 6.2-magnitude earthquake
A series of earthquakes including a 6.2-magnitude tremor have struck near Istanbul, shaking buildings in Turkey’s largest city and prompting people to flee apartment blocks. There have been no immediate reports of casualties or wider damage, but Istanbul officials said they were checking buildings and warned people to stay clear of potentially-damaged sites. The largest earthquake on Wednesday struck at…
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Trump says China tariffs will drop ‘substantially – but it won’t be zero’
Donald Trump said during a White House news conference that high tariffs on goods from China will “come down substantially, but it won’t be zero”. Trump’s remarks were in response to earlier comments on Tuesday by treasury secretary Scott Bessent, who said that the high tariffs were unsustainable and that he expects a “de-escalation” in the trade war between the…
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Who becomes the next Pope? The main contenders
Who will be the next pope? The decision could have a profound impact on the Catholic Church and the world’s 1.4 billion baptised Roman Catholics. It also promises to be a highly unpredictable and open process for a host of reasons. The College of Cardinals will meet in conclave in the Sistine Chapel to debate and then vote for their…
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Musk says time commitment to DOGE will ‘drop significantly’ as focus returns to Tesla
Tech billionaire Elon Musk said Tuesday that he will begin dedicating more time to Tesla and less to his work with the Trump administration starting next month, providing a relief to Tesla investors fed up with his political work and signaling a possible shift in power at the White House. Musk’s comments came on Tesla’s call with investors following the…
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