8 h. ago Stunned resignation and foreboding: a week in Trump’s shadow at IMF

Few policymakers mention US president by name, but his tariffs dominate IMF-World Bank meetingBusiness live – latest updatesKristalina Georgieva’s favourite film, the International Monetary Fund boss told the audience at a packed panel event in Washington on Thursday, is Tom Hanks’s cold war romp Bridge of Spies.In one of the stranger digressions in a frequently strange week, Georgieva recalled the moment when Hanks’s character, a US lawyer, tells the Soviet spy he has been appointed to defend that he will probably be executed. “You don’t seem alarmed,” Hanks says to him; to which the spy – played by Mark Rylance – replies, “Would it help?” Continue reading...

Politics

8 h. ago Trade war fears trigger biggest slide in US consumer expectations since 1990 recession – business live

Rolling coverage of the latest economic and financial newsXi announces plan for Chinese economy to counter impact of US trade warEuropean stock markets are rising this morning, amid hopes that China is relaxing some of its tariffs.In London, the FTSE 100 index is up 12 points or 0.13%, at 8417 points. Engineering companies are among the top risers, with aerospare manufacturers Melrose up 3.6%, and Rolls-Royce up 2%, after Safran reported that tariffs on aircraft parts have been lifted.“We learned last night that China has taken the decision not to tax engines or landing gear or nacelles - in other words a certain number of aerospace equipment parts.”“It demonstrates that the situation is very fluid.” Continue reading...

Economics

13 h. ago Swiss leader says Trump administration foresees ‘privileged’ talks with 15 countries on US tariffs – US politics live

Karin Keller-Sutter, Swiss president, says Switzerland is among 15 countries with which US plans to hold negotiations to reach deals over tariffsThe Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal after sweeping US tariffs on dozens of countries that have shaken global markets, reports the Associated Press (AP).Karin Keller-Sutter, in an interview with broadcaster SRF published Friday, said she was “satisfied” with talks in Washington this week that included an International Monetary Fund conference and her one-on-one meeting with US treasury secretary Scott Bessent. Keller-Sutter also serves as Switzerland’s finance minister. “The United States has defined a group of 15 countries with which it wants to find a quick solution in this tariff question. Switzerland is part of this group of these 15 countries,” she told reporters separately late on Thursday in Washington, according to the ...

Politics

13 h. ago Swiss leader says Trump administration foresees 'privileged' talks with 15 countries on US tariffs

The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal in the wake of sweeping U.S. tariffs on dozens of countries that have shaken global markets

Politics

14 h. ago China grants some tariff exemptions for US imports as trade war bites

Sign of relief for foreign businesses comes as Donald Trump insists talks are under way to reduce levies

Events

14 h. ago Xi announces plan for Chinese economy to counter impact of US trade war

Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products Business live – latest updatesXi Jinping has announced a plan to counter China’s continuing economic problems and the impact of the US trade war, as reports swirl that it could drop tariffs on some US products, including semiconductors.Friday’s meeting of the politburo was convened to discuss China’s economic situation, which since the pandemic has faced difficulties fuelled by a housing sector crisis, youth unemployment, and Donald Trump’s tariffs on all Chinese exports. Continue reading...

Events

21 h. ago Bill Maher calls Larry David’s satire of his Trump dinner ‘kind of insulting to 6 million dead Jews’

‘Nobody has been harder about Donald Trump than me,’ Maher says after fellow comedian compared his meal with US president to meeting HitlerBill Maher has responded to Larry David’s satirical essay in the New York Times that compared Maher’s glowing account of having dinner with Donald Trump to dining with Adolf Hitler.Maher, a vocal critic of Trump in the past, had dinner with the US president and a group of his high-profile supporters, including their mutual friend Kid Rock, on 31 March. On an episode of his talkshow Real Time on 11 April, Maher described Trump as “gracious” and “much more self-aware than he lets on”, saying: “Everything I’ve ever not liked about him was – I swear to God – absent, at least on this night with this guy.” Continue reading...

Politics

26 h. ago Reeves rejects parts of Trump’s economic agenda before talks with Bessent

UK chancellor says global stability depends on lower trade barriers ahead of meeting US Treasury secretary

Politics

30 h. ago Donald Trump sets 'own deadline' for Russia and Ukraine peace talks after 'waiting a long time'

It appears US president Donald Trump is growing impatient with peace talks currently taking place between Russia and Ukraine, with Trump now setting his own deadline for the two nations

Politics

31 h. ago ‘Vladimir, stop!’: Trump criticises Putin as Starmer and von der Leyen warn over Russian energy ‘blackmail’ – Europe live

US president says he is ‘not happy’ over Kyiv attack as death toll rises to 12 with 90 people injuredWe understand that while the visit will be cut short after Zelenskyy’s meeting with Ramaphosa, their media activities will still proceed, meaning we should hear from the Ukrainian president in the next few hours.Rachel and I will keep an eye on this development to see if Zelenskyy takes part in a scheduled press conference in Pretoria in case he wants to say more about the attacks overnight. Continue reading...

Events

34 h. ago China calls reports of ongoing US tariff talks ‘baseless’ while Trump claims administration ‘actively’ seeking deal – live

Spokesperson for China’s ministry of commerce says any claims of progress in China-US negotiations are ‘without factual evidence’South Africa’s President Cyril Ramaphosa has said he talked about the war in Ukraine and the need to foster good bilateral relations with the US in his phone call with Donald Trump.“We both agreed that the war should be brought to an end as soon as possible to stop further unnecessary deaths... to meet soon to address various matters regarding US-South Africa relations,” Ramaphosa wrote in a post on X. Continue reading...

Economics

34 h. ago ‘Vladimir, stop!’ Trump criticises Putin over attack on Kyiv – Europe live

US president says he is ‘not happy’ with Russian attack and criticises the ‘very bad timing’ We understand that while the visit will be cut short after Zelenskyy’s meeting with Ramaphosa, their media activities will still proceed, meaning we should hear from the Ukrainian president in the next few hours.Rachel and I will keep an eye on this development to see if Zelenskyy takes part in a scheduled press conference in Pretoria in case he wants to say more about the attacks overnight. Continue reading...

Politics

35 h. ago Zelenskyy calls for more ceasefire pressure on Russia after ‘massive’ Kyiv attack – Europe live

Ukrainian president says his country, unlike Moscow, has agreed to ceasefire demands and calls on US to play a greater role in guaranteeing peaceWe understand that while the visit will be cut short after Zelenskyy’s meeting with Ramaphosa, their media activities will still proceed, meaning we should hear from the Ukrainian president in the next few hours.Rachel and I will keep an eye on this development to see if Zelenskyy takes part in a scheduled press conference in Pretoria in case he wants to say more about the attacks overnight. Continue reading...

Events

38 h. ago Zelenskyy to cut South Africa trip short after ‘massive’ attack on Kyiv – Europe live

Children among nine dead and at least 70 wounded by Russian attack, Ukraine saysWe understand that while the visit will be cut short after Zelenskyy’s meeting with Ramaphosa, their media activities will still proceed, meaning we should hear from the Ukrainian president in the next few hours.Rachel and I will keep an eye on this development to see if Zelenskyy takes part in a scheduled press conference in Pretoria in case he wants to say more about the attacks overnight. Continue reading...

Events

39 h. ago ‘Massive’ Russian attack on Kyiv kills nine and wounds 70 as Trump criticises Zelenskyy over peace talks – Europe live

Attack on Kyiv comes hours after Donald Trump accused his Ukrainian counterpart of being ‘harder’ to deal with than PutinWe understand that while the visit will be cut short after Zelenskyy’s meeting with Ramaphosa, their media activities will still proceed, meaning we should hear from the Ukrainian president in the next few hours.Rachel and I will keep an eye on this development to see if Zelenskyy takes part in a scheduled press conference in Pretoria in case he wants to say more about the attacks overnight. Continue reading...

Events

39 h. ago Trump complains Zelensky harder to deal with than Russia in peace talks

Donald Trump complained that Volodymyr Zelenskyy has been harder to deal with than Russia as he lashed out at Ukraine's president on Wednesday, 23 April.

Politics

40 h. ago Trump envoy hails 'positive talks' in London with Ukrainian official

Trump envoy hails 'positive talks' in London with Ukrainian official  Anadolu Ajansı

Politics

51 h. ago Trump blames Zelenskyy for peace talk collapse as Rubio skips London meetings

Trump blames Zelenskyy for peace talk collapse as Rubio skips London meetings  The National Desk

Politics

52 h. ago Trump envoy says there were positive talks in London with Ukraine official

Trump envoy says there were positive talks in London with Ukraine official  The Jerusalem Post

Politics

53 h. ago Treasury secretary says China tariffs not sustainable as US signals willingness to de

Scott Bessent said the tariffs – 145% on Chinese products and a retaliatory 125% on US products – would have to come down before talks can proceedStock markets rise as Trump backtracks on high China tariffs and firing Fed chairNato secretary general Mark Rutte will visit the US and meet the secretary of state, Marco Rubio, the defense secretary, Pete Hegseth, and the national security adviser, Mike Waltz, according to a media notice shared by the military alliance’s press office.Rutte will visit the US on 24 and 25 April. Continue reading...

Politics