Category: INTERNATIONAL
Dollar Struggles Amid Trade War Concerns, Yen Gains on Policy Outlook
The U.S. dollar faced headwinds on Thursday as investors grew concerned about the impact of an escalating global trade war on inflation and economic growth. Meanwhile, the Japanese yen ticked higher, supported by favorable domestic conditions that could lead to further policy tightening by the Bank of Japan. Market uncertainty over trade tensions and central
Russia Presents U.S. With Demands for Ukraine War Settlement, Relations Reset
Russia has handed the United States a list of demands for a potential deal to end its war against Ukraine and reset diplomatic relations with Washington. This development follows a U.S. proposal for a 30-day truce aimed at de-escalating the conflict between Kyiv and Moscow. While details of Russia’s demands remain unclear, the move signals
UK PM Keir Starmer Pledges Public Sector Reforms to Revive Economy
British Prime Minister Keir Starmer delivered a speech on public sector reform, reaffirming his commitment to accelerating economic growth and overhauling government services in 2024. His remarks come after Labour’s first budget failed to improve growth forecasts and triggered a two-day decline in government bond prices. Starmer emphasized the need for efficiency and modernization within
India’s Telecom Regulator Favors 5-Year Satellite Spectrum Allocation, Defies Starlink’s 20-Year Demand
India’s telecom regulator is set to recommend a satellite broadband spectrum allocation for around five years to evaluate initial market adoption, a senior government source revealed on Thursday. This move challenges Elon Musk’s Starlink, which has been pushing for a 20-year permit to ensure long-term operational stability. The decision reflects the government’s cautious approach to
Hugo Boss Warns of Weakening U.S. and China Consumer Confidence, Shares Drop
Hugo Boss issued a cautionary outlook on Thursday, warning of a further decline in consumer confidence in the United States and China. The announcement sent the luxury fashion brand’s shares tumbling by as much as 5%. The company projected its 2025 sales to remain roughly in line with last year’s levels, signaling concerns about economic
Pakistani Security Forces End Train Hijacking, Kill 33 Militants in Balochistan
ISPR Confirms Successful Operation, Hundreds of Hostages Rescued Islamabad – Pakistani security forces have successfully ended a dramatic hostage crisis after storming a train hijacked by separatist militants in Balochistan. The military’s media wing, the Inter-Services Public Relations (ISPR), confirmed that all 33 attackers were killed in a precision operation, ensuring the safe rescue of
VHeadline: Ukraine Agrees to U.S. Proposal for 30-Day Ceasefire Amid Ongoing Conflict
Ukraine has accepted a U.S. proposal for a 30-day ceasefire in its conflict with Russia, with the aim of creating a window for peace talks. The move comes amid growing international pressure for de-escalation, but Russia has yet to respond, and uncertainties about the long-term effects remain. The ceasefire could offer critical time for negotiations.
Argentina Launches Trial Over Diego Maradona’s Death
Argentina has officially begun a long-awaited trial investigating negligence in the death of soccer legend Diego Maradona, who passed away in 2020 while recovering from surgery to remove a blood clot. The trial, which has captivated the nation, seeks to determine whether medical professionals involved in his care were responsible for his untimely death. Maradona’s
Indian Rupee Faces Pressure Amid Concerns Over U.S. Recession
The Indian rupee is expected to remain under pressure on Tuesday, as growing concerns over a potential tariff-driven U.S. recession dampen risk appetite across global financial markets. This uncertainty has contributed to a decline in most Asian currencies, with investors closely monitoring economic indicators and market trends in the coming days.
US Stocks Tumble Amid Growing Concerns Over Tariff Impact on Global Economy
US stocks experienced a sharp decline, contributing to the biggest selloff in months, as investors expressed growing concerns over the potential economic fallout from the latest tariff threats. Market fears have been stoked by the uncertainty surrounding global trade, with investors worried about how the escalating trade tensions could affect international commerce and growth prospects.