President Trump has framed last week’s deal for the U.S. government to take a stake in Venezuela’s oil reserves as a boon not just for gas prices, but also for the Strategic Petroleum Reserve, which has dropped to historically low levels. “One of the things I am going to do with the Venezuelan Oil is…
31m ago Trump posts AI-generated video he says shows Kharg Island attack President Trump shared an AI-generated video on his Truth Social platform late Sunday depicting what he said was Iran’s strategic oil hub of Kharg Island under attack. “Kharg Island being blown to smithereens!!!” Mr. Trump wrote in his post accompanying the video….
The head of the U.S. military’s Central Command, Adm. Brad Cooper, has echoed President Trump’s insistence that the Strait of Hormuz shipping lanes are clear of sea mines, saying they are “open, and momentum is building.” He acknowledged, however, that vessels still seek direct U.S. military protection to use the vital waterway, which Iran has…
Canadian trade officials acknowledge that the country’s retaliatory tariffs of up to 50% on $20 billion in American goods are intended to exert pressure on the Trump administration by targeting key U.S. states. Although the negotiators haven’t identified those regions, the tariffs could hit states in the Midwest and Northeast particularly hard, according to economists’ analysis…
International standards are often assumed to be a modern invention. They are not. Many predate the United Nations itself; the International Labour Organization (ILO), for instance, was established under the League of Nations and only later folded into the UN system. Countries have long used such standards to strengthen governance, build credibility, and integrate into…
A businessman who had ties to former Italian premier Silvio Berlusconi is the alleged mastermind behind an October bomb attack against one of the country’s leading investigative journalists, police said on Monday. Rome’s Carabinieri police said they arrested Valter Lavitola for allegedly ordering the attack outside journalist Sigfrido Ranucci’s house last year. The two men…
President Trump is planning to announce over $180 million in grants to boost educational and trade programs for the mining industry Friday, CBS News has learned, part of a bid to increase critical mineral production. Mr. Trump will unveil the plans at a roundtable at the State Department with educational leaders from universities like the…
Oil prices tumbled more than $4 a barrel on Monday after US President Donald Trump held off on a fresh attack on Iran, seeking to reach a quick deal that would reopen the Strait of Hormuz. Brent crude futures slid $4.49, or 5.11 per cent, to $83.44 by 0408 GMT while US West Texas Intermediate…
Hong Kong — The Federal Communications Commission is banning imports of new foreign-made humanoid robots and power inverters, citing national security risks, in a move that targets China. The measures are likely to test relations with Beijing ahead of a planned U.S. visit and meeting with President Trump by Chinese leader Xi Jinping in September….
Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday said the government was “confident” that trade between Pakistan and the United States could double to $20 billion over the next five years. Dar made the remarks while addressing a delegation of US congressmen and businessmen in Islamabad. The gathering included US congressmen Ryan Zinke…
