World Media
Italy financial markets plunge on political turmoil
Investors have in recent days scurried for assets such as US and German bonds or the Japanese yen, spooked by the possibility that Italy , the third-biggest euro zone economy, could deliver a bigger boost to eurosceptic parties in a snap election that sources said could be held by end-July.
World Media
Malaysia PM Mahathir Mohamad to drop high-speed rail project with Singapore
Prime Minister Tun Dr Mahathir Mohamad speaks during a press conference after chairing a Cabinet meeting at the Prime Minister's Office in Putrajaya May 30,2018. He estimated that Malaysia could cut nearly a fifth of its US$250 billion national debt and liabilities by scrapping such big projects. Dr Mahathir has also said his government was haggling with Chinese partners over the terms of a $10.4 billion rail deal aimed at connecting the South China Sea at the Thai border in the east with ...
World Media
Israel minister threatens occupation of besieged Gaza as tensions soar
In a follow up announcement, Israel's Minister of Energy and Water Resources, Yuval Steinitz, instructed the IEC not to put its employees in danger to fix the damage. Hamas seized control of the Gaza Strip in 2007. At least 116 Palestinians were killed by Israeli fire at mass demonstrations along the border, drawing worldwide condemnation for Israel over its use of lethal force.
World Media
U.S. announces 25 per cent new tariffs on Chinese tech goods
The U.S.is also asking China to "remove all of its many trade barriers, including non-monetary trade barriers, which make it both hard and unfair to do business there". "Right now, we have agreed to put the tariffs on hold while we try to execute the framework", Mnuchin said in a television interview on Fox News.
World Media
Iran Sets May 31 Deadline in Scramble to Salvage Nuclear Deal
When Donald Trump withdrew the United States from an global arms control agreement with Iran earlier this month , Washington's foreign policy establishment fought passionately over the path forward. "Should they choose to go back, should they begin to enrich, we are fully prepared to respond to that as well", Pompeo said, declining to detail what the response could be.
World Media
Two South Carolina journalists killed while covering hazardous weather
The fire chief said the roots of the three-foot (91-centimeter) diameter tree were loosened from the ground saturated by a week's worth of rain. Two journalists were killed in a "freak of nature" accident while covering weather conditions in North Carolina during storm Alberto.