A Palestinian man at Shati (Beach) refugee camp, in Gaza City, July 4, 2025. REUTERS/Mahmoud Issa |
- Israel's political-security cabinet approved a plan to take control of Gaza City, a move expanding military operations despite intensifying criticism at home and abroad over the devastating, almost two-year-old war.
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Over two days in April at a Singapore hotel, some 40 participants and observers in a war game simulated their responses to a Chinese military blockade of Taiwan. Eventually, a stark conclusion emerged: the Southeast Asian states needed a Singaporean airlift to have a chance of evacuating their people.
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Indian Prime Minister Narendra Modi is navigating one of the most challenging stretches of his 11 years in office. A contentious ceasefire with arch enemy Pakistan, renewed scrutiny over his age and a diplomatic chill with the US, have converged to test his leadership like never before. In the first concrete sign of discontent after Trump's tariffs, New Delhi has put on hold its plans to procure new US weapons and aircraft.
- US Vice President JD Vance kicked off a trip in the UK with a meeting with British Foreign Secretary David Lammy, that will bring renewed scrutiny of Vance’s sharp criticism of Britain and its governing Labour Party.
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Canadian Prime Minister Mark Carney is scrambling to save his country's relationship with Mexico after it disintegrated late last year when Canadian officials suggested they'd be better off negotiating a trade deal with the Trump administration alone.
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The US has doubled its reward for information leading to the arrest of Venezuelan President Nicolas Maduro to $50 million over allegations of drug trafficking and links to criminal groups, U.S. Attorney General Pam Bondi announced
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- The FBI has agreed to help track down Democratic Texas lawmakers who fled their state to thwart Republican efforts to redraw congressional districts, Republican US Senator John Cornyn said, but it was unclear whether federal agents would take action.
- The FBI has asked local police to submit the names of people tied to drug cartels and gangs to the US government's terrorist watch list created after 9/11, which could land more Americans on the list, according to law enforcement documents seen by Reuters.
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Trump ordered the Commerce Department to begin work on a new census that excludes immigrants in the US illegally, revisiting a push from his first term that was later rejected by the courts and reversed by his successor.
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Stephen Miran at the Capitol Hill in Washington, D.C., February 27, 2025. REUTERS/Annabelle Gordon/File Photo |
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Trump said he will nominate Council of Economic Advisers Chairman Stephen Miran to serve out the final few months of a newly vacant seat at the Federal Reserve while the White House seeks a permanent addition to the central bank's governing board and continues its search for a new Fed chair. Watch our daily market rundown for more.
- Trump also signed an executive order that aimed to allow more private equity, real estate, cryptocurrency, and other alternative assets in 401(k) retirement accounts – opening the way for alternative asset managers to tap a greater share of trillions of dollars in Americans' retirement savings.
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One year after taking the helm during Boeing’s deepest crisis in decades, CEO Kelly Ortberg has stopped the company's freefall. Now, he faces new challenges: ramping up jet production, reviving a struggling defense and space division, and restoring profitability at the storied planemaker. In other news, Britain's competition regulator has cleared Boeing's planned acquisition of Spirit AeroSystems.
- Paramount Global and Skydance Media completed their $8.4 billion merger, capping a drawn-out deal process marked by political scrutiny and shareholder concerns.
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Trump demanded the immediate resignation of new Intel CEO Lip-Bu Tan, calling him "highly conflicted" due to his ties to Chinese firms and raising doubts about plans to turn around the struggling American chip icon. Max Cherney is one of the reporters who broke the news of Tan's investments and joins the Reuters World News podcast to discuss this rare presidential intervention.
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From punishing Brazil to trying to curb imports of fentanyl, Trump has wielded the threat of tariffs as an all-purpose foreign policy weapon. With a Friday deadline for Russia to agree to peace in Ukraine or have its oil customers face secondary tariffs, Trump has found a novel, but risky, use for his favorite trade tool.
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The US government promised to amend a presidential executive order to remove overlapping tariffs on Japanese goods, Tokyo's trade negotiator said, after talks in Washington to fix what he called a "regrettable" oversight. For more tariff news, sign up to the newsletter.
- Indian outsourcing giant Tata Consultancy Services' decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend that could end up eliminating around half a million jobs over the next two to three years from the $283 billion sector, experts said.
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Geopolitics is high on the agenda, with a potential meeting between the US and Russian presidents, trade deadlines and talks, and markets bracing for United States' inflation data and rates decisions in Australia and Norway. Here's a look at .
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Shuttle diplomacy is in full swing with Trump set to meet Putin in the coming days. Ramifications of the encounter are likely to ripple through global markets with secondary tariffs set to hurt Russia and other nations around the world.
- The August 12 deadline for a tariff truce between the US and China is closing in. Although there has been further progress in the makings of a trade deal between Washington and Beijing, Trump is yet to sign on the dotted line.
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Firming bets that the Fed is primed to resume cutting interest rates will be tested by Tuesday's release of US inflation data.
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American Nazis: The Aryan Freedom Network is riding high in Trump era |
A member of the Ku Klux Klan attends a gathering and cross-burning outside Maysville, Kentucky, US, May 17, 2025. REUTERS/Jim Urquhart |
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