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Global stock markets have continued to decline following China’s retaliation against U.S. import taxes with its tariffs. The major U.S. indexes opened nearly 3% lower, while European markets fell about 4%, with some companies experiencing double-digit declines in share prices. These drops add to significant losses from Thursday as investors reacted to the uncertainty caused by U.S. tariffs, raising concerns that these measures will drive up prices and hinder economic growth both domestically and internationally. South African stocks fell 3.4% in Johannesburg, the biggest one-day drop since April 2022.

Global Financial Markets in Turmoil: The Impact of Trump’s Escalating Trade War

(3 Minutes Read) Global stock markets have continued to decline following China’s retaliation against U.S. import taxes with its tariffs. The major U.S. indexes opened...
France Assumes Presidency of UN Security Council

France Assumes Presidency of UN Security Council

(3 Minutes Read) During the month, the Security Council is expected to meet for its quarterly open debate on the Middle East and Palestinian statehood. France...
Democrats Backed Susan Crawford Wins Wisconsin Supreme Court Elections

Democrats Backed Susan Crawford Wins Wisconsin Supreme Court Elections

(3 Minutes Read)   A judge from Dane County in Wisconsin, Susan Crawford, 60, has supported liberal positions throughout her career. She has led legal battles...
Decoding Trump's 'Liberation Day Tariffs': An Impact Analysis on Africa

Decoding Trump’s ‘Liberation Day Tariffs’: An Impact Analysis on Africa

(4 Minutes Read) U.S. President Donald Trump has imposed tariffs on African nations as part of his "Liberation Day" initiative to reshape global trade, in...
The American and global stock markets plunged on Thursday following Donald Trump’s announcement of a new 10 percent tariff on all imports to the United States. The tariff hike of varying proportions sent shivers across world markets. Economists are warning of the risk of recession. In the U.S., the S&P 500 fell 3 percent at the market opening. Dow Jones Industrial Average futures lost 3.7 percent, and the Nasdaq slid 4.5 percent. 

Global Stock Market Plunges on Trump’s Announcement of Tariff Hike

(3 Minutes Read) In the U.S., the S&P 500 fell 3 percent at the market opening. Dow Jones Industrial Average futures lost 3.7 percent, and the...
European Commission president Ursula von der Leyen insisted that the EU continued to seek a "negotiated solution" but highlighted that the economic bloc also held "many cards" and would not shy away from stepping up its retaliatory measures.

EU Hints at Taking Retaliatory Steps Against US on Tariff War

(3 Minutes Read) European Commission president Ursula von der Leyen insisted that the EU continued to seek a "negotiated solution" but highlighted that the economic...
Trump Hints at a Third Term Despite Constitutional Ban

Trump Hints at a Third Term Despite Constitutional Ban

(3 Minutes Read) While the 22nd Amendment explicitly limits presidents to two terms, Trump's remarks fueled speculation over his future political ambitions. President Donald Trump said...
Unlocking Industrialisation: African Union's Call for Strategic Mineral Resource Management

Unlocking Industrialisation: African Union’s Call for Strategic Mineral Resource Management

(4 Minutes Read) The African Union (AU) has emphasised the importance of African countries harnessing their vast mineral resources through coordinated efforts aimed at promoting...
Africa’s Distinct Gut Microbiome: A Potential Source for Revolutionary Drugs

Africa’s Distinct Gut Microbiome: A Potential Source for Revolutionary Drugs

(3 Minutes Read) According to scientists, over 40,000 previously unidentified gut microbes in African populations could significantly alter how medicines work for millions of people....
International Vaccine Agency Yet to Receive Word from US about Cut in Funding

International Vaccine Agency Yet to Receive Word from US about Cut in Funding

(3 Minutes Read) The Geneva-based group has helped immunise more than half the world’s children against infectious diseases. It warns that one million young people...