24 h. ago ECB expected to cut rates in April and June as tariffs threaten recession

Growing concern about growth and deflationary pressure predicted to force central bankers’ hands in Eurozone and UK

Economics

26 h. ago Rollercoaster for US stock markets as tariff uncertainty puts investors on edge

Wall Street shows some recovery after initial falls as Trump’s team dismiss rumours of a 90-day pause on tariffs as ‘fake news’US Politics Live: Trump says Federal Reserve should cut ratesVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

26 h. ago Trump says Federal Reserve should cut rates; Canada initiates WTO dispute over car tariffs – US politics live

US economic council head denies tariffs were part of strategy to pressure Fed to cut interest rates; Canada says measures breach trade agreementsEU ministers are in Luxembourg to consider the European Union’s response to Trump’s sweeping tariff regime amid continuing market turmoil and heightened fears of a global economic recession.It comes after Trump doubled down on his tariff policy in comments aboard Air Force One overnight. He said Europe “has treated us very, very badly,” and “has taken our leaders for a ride”, and declined to hold talks on changing tariffs “unless they pay us a lot of money on a yearly basis”. He also repeated criticism of Europe for not spending a fair share on Nato. Continue reading...

Politics

27 h. ago Republican senator claims video floating killing of journalists was a ‘joke’

Oklahoma’s Markwayne Mullin downplays comments suggesting lawmakers could shoot journalists over disputesUS politics live – latest updatesThe Republican US senator and Donald Trump loyalist Markwayne Mullin has evidently sought to backtrack from comments suggesting politicians could “handle our differences” with journalists by shooting and killing them, insisting he was trying to make a joke.The Oklahoma lawmaker, a former mixed martial arts (MMA) fighter, on Saturday posted to X a video of himself at a stairway in the US Capitol building recounting the tale of the newspaper columnist Charles Kincaid. Continue reading...

Events

60 h. ago Yemen's Houthi rebels say US airstrikes kill 2 as Trump's bombing video suggests higher death toll

Suspected U.S. airstrikes have killed at least two people overnight in a stronghold of Yemen’s Houthi rebels

Events

3 d. ago Trump’s tariffs squeezes Republicans as they struggle to pass his agenda

Analysis: Trump’s tariffs are making it harder for Republicans to cut taxes and spending, Eric Garcia writes

Politics

3 d. ago Trump’s tariffs squeeze Republicans as they struggle to pass his agenda

Analysis: Trump’s tariffs are making it harder for Republicans to cut taxes and spending, Eric Garcia writes

Politics

3 d. ago Trump gives TikTok deal extension after China walked away from negotiations due to tariffs

Without a deal, TikTok would go dark in the United States on Saturday for more than 170 million users

Economics

3 d. ago Trump insists he won’t back down from global trade war as markets slump

On social media, the president said, ‘My policies will never change’, before suggesting possible change with VietnamDonald Trump doubled down on his decision to launch a global trade war, declaring that he would “never” back off from sweeping tariffs on US trading partners.The US president’s announced action sent shock waves around the world this week, prompting fierce threats of retaliation and sharp sell-offs in stock markets. Continue reading...

Politics

4 d. ago Trump dismisses China tariff retaliation and implores Fed to cut interest rates as stock market dives: Live

Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stocks sliding further after worst day since 2020

Politics

4 d. ago Trump floats China tariff relief in exchange for TikTok sale approval

US president suggests he is open to horse-trading a day after imposing severe import levies on Chinese goods

Politics

5 d. ago Macron suggests pause on US investment as EU leaders condemn Trump tariffs

Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiationsEuropean leaders have condemned Donald Trump’s tariffs as “fundamentally wrong” and creating an “immense difficulty for Europe”, while appealing for last-ditch negotiations to avert an all-out trade war.The French president, Emmanuel Macron, said Trump’s decision to impose tariffs was “brutal and unfounded” and appeared to call for a suspension of French investment in the US until the tariffs were clarified. Continue reading...

Politics

5 d. ago Jon Stewart makes dystopian World War 3 prediction while railing against Trump

Jon Stewart made a shocking suggestion as Donald Trump and his administration continually criticizes 'free-loading' NATO nations.

Politics

5 d. ago Trump’s ‘idiotic’ and flawed tariff calculations stun economists

‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarrayUS politics live – latest updatesUK politics live –latest updatesEurope live – latest updatesWaving a big chart as a prop in the White House Rose Garden, Donald Trump suggested his new tariff plan was simple: “Reciprocal – that means they do it to us, and we do it to them. Very simple. Can’t get simpler than that.”Perhaps a bit too simple. The method used to calculate the most important numbers in international trade, politics and economics has left some of the world’s leading experts shocked.Goods trade deficit: $291.9bnTotal goods imports: $438.9bnThose figures divided = 0.67, or 67%And halved = 34%Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the US and each of our trading partners. This calculation assumes that persistent trade deficits are due to a combination of tariff and non-tariff factors that prevent trade from balanc...

Politics

5 d. ago TikTok set for €500m fine over sending EU data to China as US sale deadline looms

Ireland’s data protection commission is said to have found TikTok's owners fell foul of GDPR laws by sending users' data to China, amid fears the video sharing app poses a national security threat

Events

5 d. ago White House close to approving sale of TikTok’s US unit to investors

Blackstone and Andreessen Horowitz among firms that would wrest control of social media site from China’s ByteDance

Economics

7 d. ago Trump suggests Don Jr’s marriage split was partly due to ‘the witch

The president said the separation had been ‘very sad’ for him and that his son had been put through a lot of ‘crap’

Politics

7 d. ago Pharmaceutical exports could be cut by half if tariffs apply, Tanaiste warns

Simon Harris said the tariffs were regrettable and ultimately bad for consumers.

Events

7 d. ago Pharmaceutical exports could be cut by half if tariffs applies, Tanaiste warns

Simon Harris said the tariffs were regrettable and ultimately bad for consumers.

Events

8 d. ago Contempt as Trump claims he can run for third term: ‘This is what dictators do’

US president receives bipartisan criticism after saying there are ‘methods’ he could defy constitution to seek third termUS politics live – latest updatesDonald Trump’s suggestion that there are “methods” by which he could run for a third term as US president has been met with scorn – but also warnings that he could seriously attempt it, despite being explicitly barred from doing so by the US constitution.“The biggest mistake of the last eight years is that we somehow failed to give credibility to Donald Trump’s whims and impulses, but we know it’s true,” David Jolly, a former Republican member of Congress, told MSNBC. Continue reading...

Politics