U.S. President Donald Trump has urged European Union officials to levy tariffs of up to 100% on China and India as part of a strategy to pressure Russian President Vladimir Putin, Reuters reported on Tuesday, citing a U.S. official and an EU diplomat. Trump made the request during a conference call with EU sanctions envoy David O'Sullivan and other officials, according to the report. Washington signaled it would impose similar duties if Brussels joined the effort, the report said. Both China and India are major buyers of Russian crude and remain key to keeping Moscow's economy afloat as...
U.S. President Donald Trump expressed his desire to meet with North Korean leader Kim Jong Un this year. Speaking to reporters on Monday before a meeting with South Korean President Lee Jae Myung at the White House, Trump highlighted his relationship with the North Korean leader. "I have a very good relationship. I understand them. I spent a lot of free time with them, talking about things that we probably aren't supposed to talk about. And you know, I just, I get along with him really well. I think he has a country of great potential, tremendous potential," Trump said. When asked...
United States (US) President Donald Trump swung for the fences on Monday, touching on a broad range of subjects during a joint press conference with South Korean President Lee Jae Myung. In between delivering remarks on the Korean peninsula, Donald Trump fashioned himself as the ultimate peace broker for multiple countries, and mused about having South Korea voluntarily give up sovereign land to the US. President Trump also touched on international trade, insisting that US Crude Oil products are critical to South Korea, which overwhelmingly has its energy demands met by trade with China and...
Sales of new single-family homes in the United States eased by 0.6% from the previous month to a seasonally adjusted annualized rate of 652,000 units in July of 2025, trimming the revised 4.1% increase in the earlier period and above market expectations of a 630,000 sold homes. Regionally, sales fell sharply in the Mid-west (-6.6% to 85,000) and the South (-3.5% to 388,000), offsetting growth in the West (11.7% to 153,00). In turn, new home sales remained unchanged in the Northeast (at 26,000). In the meantime, the number of unsold homes on the market also fell by 0.6% to 499,000,...
Israeli strikes on Nasser hospital in Gaza on Monday killed at least 15 people, including four journalists, one of whom worked for Reuters, Palestinian health officials said. Cameraman Hussam al-Masri, a Reuters contractor, was killed in the first strike, according to the officials. Photographer Hatem Khaled, who was also a Reuters contractor, was wounded in a second strike on the hospital, they said. Witnesses said the second strike took place after rescue workers, journalists and other people had rushed to the site of the initial attack. The Reuters live video feed from the hospital,...
Russian President Vladimir Putin expressed optimism about improving relations between Russia and the United States during a visit to a nuclear research center on Friday. Putin stated there was "light at the end of the tunnel" in Russia-U.S. relations following his recent summit with U.S. President Donald Trump in Alaska. "With the arrival of President Trump, I think that a light at the end of the tunnel has finally loomed. And now we had a very good, meaningful and frank meeting in Alaska," Putin said. The Russian president described last week's summit as productive and indicated that...
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
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Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
U.S. President Donald Trump has urged European Union officials to levy tariffs of up to 100% on China and India as part of a strategy to pressure Russian President Vladimir Putin, Reuters reported...