Author: Admin
[WASHINGTON] US President Donald Trump said that the tariffs he threatened against Apple earlier on Friday (May 23) would also be aimed at a wider range of device makers, including Samsung Electronics, to spur them into moving manufacturing of their products to the US. “It would be more,” Trump said when asked at the White House whether his tariff threat would only apply to Apple. “It would be also Samsung and anybody that makes that product, otherwise it wouldn’t be fair.” Trump indicated that the import levies would be “appropriately done” and ready for implementation by the end of June…
Atlanta Braves superstar Ronald Acuña Jr. smashed a solo home run on the first pitch he saw in return from injury.
RECENT headlines have been rife with speculation about the demise of the US dollar, fuelled by its 10 per cent decline since the start of 2025 and the US’ shifting stance on global trade, marked by increased tariffs. Some voices are even suggesting that US exceptionalism is over and that the greenback will soon be replaced, with global investors dumping US assets. However, this, in our opinion, is simply fearmongering.Rise of Asian currencies: A temporary phenomenonOne of the major factors fuelling this theory is the sharp appreciation of several Asian currencies lately. The Bloomberg Asian dollar index appreciated 3.8 per…
[WASHINGTON] US President Donald Trump dug in on his threat to impose a 50 per cent tariff on the European Union and said a potential 25 per cent charge on smartphones would apply to all foreign-made devices, in the latest escalation of a trade war that is rattling markets and confusing businesses.Trump on Friday (May 23) reiterated his complaints about the EU, accusing the bloc of slow-walking negotiations and unfairly targeting US companies with lawsuits and regulations. The president downplayed the ability of the EU to broker a lower tariff rate, which he said would hit Jun 1. “We have…
WASHINGTON: US President Donald Trump on Friday (May 23) threatened Apple and other smartphone manufacturers with a 25 per cent tariff unless their devices are built in the United States. Trump initially said the tariff would apply only to Apple – an unusual move to single out a specific company in trade policy. However, he later expanded the threat to include all smartphone makers. “It would be also Samsung and anybody that makes that product, otherwise it wouldn’t be fair,” Trump told reporters in Washington, adding that the new tariffs would take effect by the “end of June”. While Apple…
[NEW YORK] US President Donald Trump on Friday (May 23) announced a partnership between United States Steel and Japan’s Nippon Steel, shocking markets with an agreement he said would keep the once-iconic American firm in the US but otherwise providing no specifics.He stopped short of explicitly endorsing Nippon Steel’s earlier proposed US$14.1 billion takeover of US Steel, but shares of the company surged as much as 26 per cent in late Friday trading – signalling optimism over the deal’s prospects. “I am proud to announce that, after much consideration and negotiation, US Steel will REMAIN in America, and keep its Headquarters…
It is as understandable as controversial: The Federal Network Agency has presented initial plans for the abolition of internet access via DSL. As of today, around 20 million households would be affected by this measure.EU planning too fast for GermanyA corresponding Impulse paper The authority is based on corresponding requirements of the EU Commission. According to this, a clear priority will be on the fiber optic in the future. A parallel continued operation of copper networks is considered uneconomical – and their decommissioning is issued as a goal. However, it is clear: “The shutdown of DSL is a decided thing,…
INDIANAPOLIS, May 23, 2025 /PRNewswire/ — This Memorial Day Weekend, the spotlight won’t only be on speed—it’ll be on saving lives. ZERO Prostate Cancer (ZERO), the nation’s leading advocacy and support organization for prostate cancer, is proud to announce its powerful presence across America’s most iconic motorsports stages: the Indianapolis 500 and NASCAR’s Coca-Cola 600 and BetMGM 300. The message? Veterans are twice as likely to face prostate cancer—and early detection saves lives. In partnership with Juncos Hollinger Racing, ZERO’s logo will be featured on two cars in the 1009th Running of the Indianapolis 500—the world’s biggest single-day sporting event—on Sunday, May…
Video Details Keyshawn Johnson fires back at Saquon Barkley’s bold claim that the 2024-25 Philadelphia Eagles are a top 5 team of all time. He breaks down why he disagrees and what really defines an all-time great team. 1 HOUR AGO・speak・1:57
Abu Dhabi has emerged as a magnet for the world’s wealthiest people over the past few yearsPublished Tue, May 20, 2025 · 10:07 PM[ABU DHABI] UBS Group is opening a new office in Abu Dhabi as the European banking giant seeks to capitalise on the flood of wealthy individuals leaving countries like the UK for low-tax cities across the Middle East. The efforts by sovereign wealth funds to diversify regional economies away from oil and to develop an investment corridor with Asia have also helped make the region attractive to legions of ultra-rich individuals, according to Beatriz Martin Jimenez, who is…