WORLD
US and Ukraine sign mineral deal as Trump eyes Ukraine’s buried wealth to boost US supply chains
The US and Ukraine have signed a deal to jointly develop critical minerals, but war, infrastructure, and uncertain economics could delay results by decades.
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Syria’s new rulers face thorny dilemma over thousands of foreign fighters in their ranks
Syria’s new leadership must decide the fate of thousands of foreign Islamist fighters who helped win the war but now threaten the country’s unity and global legitimacy.
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Pope Francis’s financial legacy: Reforms reshaped Vatican bank, but deficits and pension crisis loom
Pope Francis’s financial reforms cleaned up Vatican institutions but failed to fix its deficits and underfunded pension system, leaving the Church at risk of a financial crisis, reports FT.
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Microsoft surges on strong cloud growth and upbeat forecast, easing investor concerns
Microsoft’s strong earnings and upbeat forecast—driven by Azure’s growth—sent its stock up 7%, easing investor concerns over AI spending and trade risks.
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Judge slams Apple for defying App Store antitrust order, refers case for criminal contempt probe
A federal judge accused Apple of defying a court order on App Store payments and referred it for a criminal contempt probe.
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EU prepares ‘plan B’ to uphold Russia sanctions as Trump signals potential withdrawal from Ukraine talks
The EU is preparing backup plans to maintain sanctions against Russia if the Trump administration withdraws from Ukraine peace efforts.
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Jagmeet Singh’s fall reshapes Canada’s political map and clears path to India reset
Jagmeet Singh’s electoral defeat and resignation mark a turning point for Canada’s domestic politics and pave the way for improved India-Canada relations.
WORLD
Nvidia CEO Jensen Huang warns: China 'not behind' in AI, 'very close' to U.S.
Nvidia CEO Jensen Huang praised Huawei’s AI progress, stating China is “not behind” the U.S. He also called for U.S. policies that boost AI competitiveness amid ongoing chip export restrictions.
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Nvidia announces $500 billion investment to manufacture AI chips in U.S.
Nvidia CEO Jensen Huang announced a $500 billion investment in U.S. AI infrastructure, marking the company's first domestic chip manufacturing. The move aims to strengthen supply chains and meet growing AI demand.
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U.S. economy contracts in Q1 2025, driven by trade war and slowing consumer spending
The U.S. economy contracted 0.3% in Q1 2025, driven by a surge in imports ahead of tariffs and slowing consumer spending, according to The Wall Street Journal, highlighting ongoing challenges from trade wars.
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US firms must become ‘AI factories’, says Nvidia’s Jensen Huang
Nvidia CEO Jensen Huang said US companies must become “AI factories” producing digital models and boosting jobs at the Hill and Valley Forum; he backed onshore manufacturing amid chip export curbs.
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White House launches drudge Report-like news hub to promote pro-Trump stories
The White House launched “White House Wire,” a Drudge Report-style site promoting pro-Trump news, aiming to bypass mainstream media and offer supporters a central hub for favourable coverage.
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How Trump's trade war is creating unexpected opportunities for Europe
Trump’s trade war has hurt the global economy but opened unexpected opportunities for Europe to strengthen the euro, boost exports, and reclaim influence in global trade.
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How Jeff Bezos fell out of favour in Washington
Jeff Bezos’ fall from favour in Washington reflects not just his own shifting tactics, but a deeper change in the capital’s culture from institutional respect to loyalty-driven power politics.
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Trump’s top economic advisor struggles to calm markets after tariff-driven turmoil
Trump’s top economic adviser Stephen Miran failed to reassure bond investors rattled by tariff-driven market turmoil, with many finding his responses incoherent and lacking clarity.
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How China's e-commerce industry is fending off Trump's tariffs
Chinese e-commerce businesses are adapting to Trump’s steep tariffs by shifting markets, raising prices, and doubling down on resilience to sustain their global ambitions.
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How Trump’s revolution is reshaping the global order — and why it may be hard to reverse
Trump’s dismantling of global alliances, trade systems, and US institutions may cause lasting shifts in world order that future leaders could struggle to reverse.
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Adidas warns of price hikes and stalled growth due to Trump’s new tariffs
Adidas has warned that US tariffs will raise sneaker prices and halted its growth outlook despite record Q1 profits, citing ongoing trade uncertainty.
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Inside Ukraine’s drone strategy as US support wavers
As US support wavers, Ukraine is relying on an expanded domestically-built drone program to sustain its defence against Russia and adapt to a changing battlefield.
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How the Catholic church selects a new pope: Inside the Vatican's secret conclave
The Vatican's May 7 conclave will adhere to centuries-old traditions to choose a new pope, with cardinals casting ballots in secret until white smoke announces the historic choice.
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Trump’s tariff blitz sparks worst 100-day stock market drop since Gerald Ford
Trump’s second term begins with a 7.2% market drop—the worst since 1974—driven by chaotic tariff policies, investor pullback, and tumbling tech stocks.
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Coca-Cola sales dip globally as Trump’s foreign policies trigger consumer backlash
Boycotts in Denmark, Mexico, and among US Hispanics linked to Trump’s hardline immigration and trade stances are denting Coke’s sales and brand image
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China’s factories falter as Trump’s tariffs hammer export orders and manufacturing
Trump’s tariffs have triggered a sharp slowdown in China’s manufacturing and exports, with factory activity contracting for the first time in over a year.
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Huawei launches AI chip cluster to rival Nvidia amid escalating US export curbs
Huawei has begun selling a powerful AI chip cluster to Chinese clients, positioning it as a costly but viable Nvidia alternative amid US export bans.
