What does US ‘terrorist’ designation for Venezuela mean?
Washington’s designation of an alleged Venezuelan cartel as a foreign terrorist organization (FTO) takes effect on Monday, opening the door to new forms of US pressure on President Nicolas Maduro. The FTO list, which includes Islamist groups, separatists, guerrillas, and more recently, gangs and drug organizations from Mexico and Colombia, is overseen by the State […]
Mexico training ship that hit Brooklyn Bridge returns home
The Mexican naval training ship that crashed into the Brooklyn Bridge in May, leaving two crew members dead, returned home on Sunday to official fanfare in the port of Veracruz. Numerous sailors were positioned in the 150-foot-tall Cuauhtemoc’s rigging when it smashed into the iconic bridge linking New York’s Manhattan and Brooklyn boroughs. In addition […]
EU to seek more tariff exemptions during US commerce secretary visit
The EU will demand more tariff exemptions on products including wines when US Commerce Secretary Howard Lutnick meets the bloc’s trade ministers on Monday. US President Donald Trump and EU chief Ursula von der Leyen struck a deal in July for most EU exports to face a 15-percent US levy, but the European Union has […]
G20 summit opens in South Africa without Trump
A US-European rift over the future of Ukraine is set to overshadow a G20 summit starting in South Africa on Saturday further marked by Donald Trump’s pointed absence. The Johannesburg gathering is being attended by a host of world leaders including French President Emmanuel Macron, Indian Prime Minister Narendra Modi, Chinese Premier Li Qiang, Brazilian […]
Asian stocks rise as US rate hopes soothe nerves after torrid week
Asian markets mostly rose Monday as fresh hopes for a US interest rate cut provided some calm after last week’s rollercoaster ride fuelled by worries of a tech bubble. The scramble to snap up all things AI has helped propel equities skywards this year, pushing several companies to records — with chip titan Nvidia last […]
