Long deemed a cornerstone of global financial stability, U.S. Treasury bonds are facing an unusual wave of sell-offs as investors increasingly view them not as a safe haven, but rather a source of risks.
Russia says repelled Ukrainian attacks amid Easter truce2025-04-21
The Russian Defense Ministry said Sunday that it repelled Ukrainian attacks overnight amid a unilateral Easter truce declared by Russian President Vladimir Putin, while Ukraine accused Russia of violating the ceasefire.
U.S. tariffs threaten Arab non-oil exports: UN agency2025-04-20
A sharp rise in U.S. trade protectionism is placing Arab economies under mounting pressure, endangering 22 billion U.S. dollars worth of non-oil exports, according to a policy brief released Saturday by the United Nations Economic and Social Commission for Western Asia (ESCWA).
U.S. to halve its troops in Syria2025-04-20
The United States will roughly halve its troops in Syria to less than 1,000 in the coming months, said a U.S. military official on Friday.
Austria announces "safe haven" plans to attract U.S. researchers2025-04-18
Austria's science minister has announced a slew of measures this week to provide security and a free environment for researchers from the United States, as the academic freedom are at risk following the Trump administration's restrictive immigration policies and dramatic research funding cuts.
ECB lowers interest rates by 25 basis points2025-04-18
The European Central Bank (ECB) on Thursday decided to cut key interest rates for the seventh time since June 2024, in response to the negative impact of erratic U.S. tariffs on economic growth across the eurozone.
California sues Trump administration over "unlawful tariffs"2025-04-17
California governor Gavin Newsom announced on Wednesday that the western U.S. state which has the largest economy in the nation is suing the Trump administration over the President's sweeping "unlawful tariffs" on international trading partners.