The US Federal Reserve has announced that it will cut interest rates by a quarter of 1 percentage point in a widely anticipated move. The US central bank also expects two more quarter-point cuts this year. The cut puts the target range for its main lending rate at 4 to 4.25 per cent. Still, market stakeholders are watching the Fed’s …
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Chad Sbragia, former deputy assistant secretary of defence for China, told a security forum in Beijing on Wednesday that the language Hegseth used during a call with his Chinese counterpart Dong Jun was “unprecedented”. Pentagon spokesman Sean Parnell said Hegseth “made clear that the United States does not seek conflict with China nor is it pursuing regime change or strangulation …
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US President Donald Trump sparred with an Australian journalist over his personal wealth during an exchange on the White House lawn, where he also appeared to confirm plans to meet Prime Minister Anthony Albanese at next week’s United Nations summit. When asked Tuesday by an Australian Broadcasting Corporation reporter how much richer he had become since returning to office, Trump …
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Kash Patel defended his tenure as FBI director before a US Senate panel on Tuesday, angrily pushing back on questions about his handling of the investigation into the assassination of conservative activist Charlie Kirk and the firings of veteran officials. Patel’s appearance before the Senate Judiciary Committee came as critics, including some allies of US President Donald Trump, have questioned …
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US President Donald Trump on Tuesday said his country had “knocked off” three boats in total from Venezuela, a day after he confirmed a second deadly US strike on alleged drug traffickers in the Caribbean. “We knocked off actually three boats not two, but you saw two,” he told reporters at the White House before heading to the United Kingdom …
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Prime Minister Keir Starmer has condemned “dangerous” comments by Elon Musk after the X and Tesla owner told an anti-immigration rally that violence is coming to Britain and they must fight or die. But the UK government resisted opposition calls to sanction Musk for the remarks. Starmer on Monday denounced the violence that took place on the fringes of Saturday’s …
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In Seoul, alarm bells are ringing. Washington is demanding an eye-watering US$350 billion in direct investment, a sum so vast that economists warn it could tip South Korea into a crisis unseen in its modern history. US Commerce Secretary Howard Lutnick bluntly asserted last week that South Korea must accept the deal or face higher tariffs – pointing out that …
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US President Donald Trump said on Monday that the US military carried out a strike on a Venezuelan drug cartel vessel that had been on its way to the United States, the second such strike carried out against a suspected drug boat in recent weeks. He said three men were killed in the strike, adding that it took place in …
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Maurene Comey, a former federal prosecutor who brought criminal cases against Jeffrey Epstein associate Ghislaine Maxwell and music mogul Sean “Diddy” Combs, has sued US President Donald Trump’s administration over her abrupt July firing, court records showed on Monday. Comey, the eldest daughter of former FBI (Federal Bureau of Investigation) director and long-time Trump adversary James Comey, said in a …
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امریکی صدر ڈونلڈ ٹرمپ نے واشنگٹن ڈی سی میں قومی ایمرجنسی نافذ کرنے کی دھمکی دیتے ہوئے کہا ہے کہ میئر نے امیگریشن حکام سے تعاون نہ کیا تو واشنگٹن ڈی سی کو وفاق کے کنٹرول میں لے آئیں گے۔ برطانوی خبر رساں ادارے رائٹرز کے مطابق پیر کے روز امریکی صدر ڈونلڈ ٹرمپ نے خبردار کیا ہے کہ اگر …
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