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Trump administration prepares to slash bank capital rules in major deregulation push

WORLD

Trump administration prepares to slash bank capital rules in major deregulation push

The Trump administration is preparing to significantly ease bank capital rules by cutting the supplementary leverage ratio, sparking concerns over financial stability.

Harvard’s forgotten Magna Carta turns out to be real and rare

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Harvard’s forgotten Magna Carta turns out to be real and rare

A $27.50 manuscript, long thought to be a reproduction, is now identified as one of only 25 surviving versions of the Magna Carta.

Trump administration warns global firms against using Huawei AI chips

WORLD

Trump administration warns global firms against using Huawei AI chips

The Trump administration has warned that using Huawei’s AI chips may violate US export laws, escalating efforts to curb China’s rise in advanced computing.

Trump embraces lower oil prices amid Saudi output surge, despite risks to US energy industry

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Trump embraces lower oil prices amid Saudi output surge, despite risks to US energy industry

As OPEC plans a major production increase, Trump touts falling fuel costs—but US oil producers warn of job cuts, rig shutdowns, and a reversal of America’s energy boom.

EU threatens tariffs on $100 billion in US goods as trade war with Trump escalates

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EU threatens tariffs on $100 billion in US goods as trade war with Trump escalates

The EU has threatened retaliatory tariffs on €95 billion of US exports if Trump doesn’t scale back recent trade measures, as a major transatlantic trade war looms.

Xi Jinping woos Latin America with $10bn credit promise and security cooperation as tensions between US and China rise

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Xi Jinping woos Latin America with $10bn credit promise and security cooperation as tensions between US and China rise

Xi Jinping has pledged $10 billion of development assistance and tighter security cooperation to Latin America, vying with the US influence in the region and growing China's geopolitical presence.

Apple enters brain-computer interface era with new accessibility tech

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Apple enters brain-computer interface era with new accessibility tech

Apple is collaborating with Synchron to create brain-computer interface accessibility on iPhones and Vision Pro, setting the stage for neural device control and greater accessibility for users with severe disabilities.

US presidential gift-giving: From pandas and elephants to Boeing jets, a diplomatic tradition evolves

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US presidential gift-giving: From pandas and elephants to Boeing jets, a diplomatic tradition evolves

From exotic animals to symbolic artifacts, the White House has long received gifts from around the world—but Trump’s Qatar jet raises fresh legal and diplomatic questions.

US sees $12.5 billion decline in foreign travel spending during Trump-age visa crackdowns and detentions

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US sees $12.5 billion decline in foreign travel spending during Trump-age visa crackdowns and detentions

While global competitors relax travel rules for visitors, the US alone expects to experience a projected downturn in international visits — and it will cost us dearly.

US Republican budget bill threatens $522 billion in pending clean energy projects fuelled by Biden climate law

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US Republican budget bill threatens $522 billion in pending clean energy projects fuelled by Biden climate law

Rollback of Inflation Reduction Act tax credits could stall wind, solar, EV, and battery investments—much of it in Republican districts—as Trump-backed cuts target low-carbon future.

Trump touts Qatari jet as 'free gift,' but experts say it could cost US hundreds of millions

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Trump touts Qatari jet as 'free gift,' but experts say it could cost US hundreds of millions

The luxury aircraft offered by Qatar’s royal family isn’t ready to serve as Air Force One—and retrofitting it could be an expensive and legally questionable gamble.

Apple considers iPhone price hike amid tariff pressure, but avoids blaming China trade war

WORLD

Apple considers iPhone price hike amid tariff pressure, but avoids blaming China trade war

Apple is preparing to raise iPhone prices this fall to offset tariff costs but will avoid blaming US-China trade tensions, instead highlighting new features and a continued shift to Indian manufacturing.

Trump skips Israel on Mideast tour, raising questions about shift in US support

WORLD

Trump skips Israel on Mideast tour, raising questions about shift in US support

President Trump’s decision to bypass Israel on his Middle East tour and pursue independent diplomatic moves is reshaping expectations in Jerusalem about the future of the US-Israel alliance.

Two Chinas: The innovation powerhouse and the economic struggler coexist under Trump’s trade pressure

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Two Chinas: The innovation powerhouse and the economic struggler coexist under Trump’s trade pressure

China is simultaneously a tech superpower and an economy in crisis, and President Trump’s trade strategy must navigate both realities to shape US-China relations.

Xi’s new trade czar He Lifeng steps into US-China talks with a tougher line amid Trump tariffs

WORLD

Xi’s new trade czar He Lifeng steps into US-China talks with a tougher line amid Trump tariffs

China’s new trade envoy He Lifeng, a staunch Xi loyalist, is expected to take a tougher stance in US-China trade talks, dimming hopes for a breakthrough amid Trump’s escalating tariffs.

Pope Leo XIV’s Creole roots reveal a hidden chapter in American Catholic history

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Pope Leo XIV’s Creole roots reveal a hidden chapter in American Catholic history

Pope Leo XIV’s maternal roots in New Orleans’ Afro-Creole community highlight a hidden chapter of Black Catholic heritage and American diversity.

Soviet Venus probe Kosmos 482 expected to re-enter Earth after 53 years in orbit

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Soviet Venus probe Kosmos 482 expected to re-enter Earth after 53 years in orbit

The Soviet Venus lander Kosmos 482, stranded in Earth orbit since 1972, is expected to re-enter the atmosphere Saturday, but its landing site remains unknown.

China’s exports to US plunge 21% amid Trump’s tariff surge, as trade realigns toward global south

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China’s exports to US plunge 21% amid Trump’s tariff surge, as trade realigns toward global south

Trump’s sweeping tariffs slashed Chinese exports to the US by 21% in April, triggering a major shift toward Southeast Asia and raising fears of a deeper economic slowdown in China.

Friedrich Merz takes office as Germany’s chancellor amid rising far-right threat and economic strain

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Friedrich Merz takes office as Germany’s chancellor amid rising far-right threat and economic strain

Friedrich Merz becomes Germany’s chancellor amid economic turmoil, coalition instability, and a rising far-right, as Trump’s trade war adds to the pressure.

Trump eyes Rwanda migrant deal, but Britain’s failed attempt offers stark warnings

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Trump eyes Rwanda migrant deal, but Britain’s failed attempt offers stark warnings

Trump’s early talks with Rwanda to deport migrants echo Britain’s failed plan, which cost billions, faced legal defeat, and sent just four people in total.

From sacred to satirical: How the papal conclave became the internet’s favourite spectacle

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From sacred to satirical: How the papal conclave became the internet’s favourite spectacle

As the Vatican prepares to elect a new pope, the conclave has gone viral, with memes, TikToks, and fashion commentary turning the sacred tradition into an online pop culture phenomenon.

Starlink gains ground amid Trump’s tariffs as nations court trade favour

WORLD

Starlink gains ground amid Trump’s tariffs as nations court trade favour

Amid Trump’s global tariff push, nations including India are granting Starlink market access, signalling goodwill to secure better trade terms with the US.

Trump’s China tariffs fuel Brazil’s soy boom while US farmers struggle

WORLD

Trump’s China tariffs fuel Brazil’s soy boom while US farmers struggle

Brazil seizes opportunity in global soy trade as American exports plunge and deforestation risks mount.

All eyes on Vatican as conclave starts to pick next pope

WORLD

All eyes on Vatican as conclave starts to pick next pope

As the Vatican begins its largest-ever conclave, the Catholic Church faces a pivotal choice between global growth and internal division, with possible successors from Africa or Asia.

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