US President Donald Trump claims that the United States has already collected more than $600 billion in import tariffs. “And more will be coming soon,” he writes on his platform, Truth Social. Trump also states that “the fake news media” refuses to report on this. “Because they hate and despise our country and want to […]
The New York stock exchanges closed with gains on Wednesday, building on the gains from the previous day. The broad S&P 500 and Dow Jones Industrial Average reached new record highs. Trading on Wall Street was closed for half a day leading up to Christmas Eve. US stock markets will remain closed on Christmas Day, […]
The Bank of England has further lowered the interest rate in the United Kingdom. The Bank of England aims to support the economy with lower borrowing costs. The interest rate was reduced by a quarter of a percentage point to 3.75 percent. This is the fourth interest rate cut this year. The decision was in […]
President Donald Trump’s administration is warning that the United States could impose tariffs or restrictions on European service providers in response to what it called “discriminatory” actions against American companies. Trade relations between the United States and the European Union are once again under high tension. The US government is threatening to impose tariffs on […]
US President Donald Trump has finally filed a defamation lawsuit against the British public broadcaster BBC. Court documents show he is seeking damages totalling $10 billion. The case revolves around a misleading edited version of a Trump speech. The US president had already indicated several times in recent weeks that he would file a lawsuit […]
Russia sees Ukraine’s abandonment of its goal of NATO membership as the “cornerstone” for further talks to end the war. Ukrainian President Volodymyr Zelenskyy accommodated the Russians on Sunday by abandoning that goal. He does, however, want security guarantees from the West. “This matter is one of the cornerstones and requires special talks,” Kremlin spokesman […]
The International Energy Agency (IEA) has lowered its forecast for a global oil surplus this year and next for the first time in several months. According to the agency, this is due to rising oil demand and slower production growth. Global supply will exceed oil demand by 3.815 million barrels per day in 2026. This […]
Elon Musk believes the EU should be disbanded. The American billionaire made this comment in response to the EU’s multi-million dollar fine against his messaging service X. The European Commission imposed a fine of 120 million euros on X for violating European rules, including misleading information about blue check marks. These check marks previously made […]
The European Union plans to launch an investigation into WhatsApp’s AI features, according to the Financial Times. The investigation will reportedly focus on how the American social media company Meta Platforms integrated its Meta AI system into the messaging service this year. It is unclear exactly which aspect of the integration of AI functions the […]
The price of Bitcoin fell back to its lowest level since April this year on Monday. The world’s largest cryptocurrency seemed to be holding above $91,000 in recent days, but fell back below $86,000 on the first day of December. Bitcoin has come under significant pressure since reaching a record high of over $126,000 in […]
