Billionaires and business leaders Jamie Dimon and Bill Ackman cautioned against Donald Trump’s tariffs and its impact on the global economy as the trade war escalated affecting the stock markets across globe. Global markets reeled from the impact of tariff, and the turbulence extended to Wall Street as US markets opened to a sharp downturn … Read more
BENGALURU: Karnataka deputy chief minister DK Shivakumar’s determined refusal to step down as Karnataka Pradesh Congress Committee (KPCC) president has intensified the internal power struggle within the party, even as the leadership in Delhi has signalled it is backing him – at least for now.Shivakumar, who returned to Bengaluru after a two-day trip to Delhi, … Read more
Representative image (AP) As a countermeasure to US tariffs imposed by President Donald Trump, China has expanded its sweeping export restrictions on strategic minerals critical to defence, clean energy, and high-tech industries.The latest development brings out Beijing’s growing willingness to weaponize its dominace over global mineral supply chains. Rare Earths and permanent magnets On Friday, … Read more
Global stock markets, including those in the US and Europe, fell sharply on Wednesday as uncertainty loomed ahead of US President Donald Trump’s highly anticipated tariff announcement, raising fears of a potential global trade war, according to news agency AFP. Investors are on edge as Trump prepares to unveil a new wave of tariffs, known … Read more
Top Donald Trump administration officials inadvertently included a journalist in a sensitive group on Signal messaging app shortly before launching attacks on Yemen’s rebel Houthis.The Atlantic‘s editor-in-chief Jeffrey Goldberg was added in the classified group just before the US launched military strikes against the Houthis.The classified group chat, named “Houthi PC small group,” included high-level … Read more
Elon Musk visited the Pentagon on Friday morning, March 21, for briefings that ignited controversy after some US media outlets claimed he would receive an overview of US strategies in case of a conflict with China. President Donald Trump refuted these claims, asserting, “China will not even be mentioned or discussed.” He criticized the New … Read more
Donald Trump and Elon Musk US President Donald Trump on Thursday refuted a report by The New York Times, claiming that Department of Government Efficiency (DOGE) chief Elon Musk will reportedly gain access to the Pentagon‘s top-secret China war plans.The report referenced an unnamed official who indicated the briefing would concentrate on China-related matters.Trump took … Read more
The US economy is facing increasing fears of a slowdown, with stock markets spiralling downward amid growing concerns over President Donald Trump’s escalating trade war. The Nasdaq Composite has entered correction territory, falling more than 10% from recent highs, while the S&P 500 teeters on the edge of the same level. The Dow Jones Industrial … Read more
Trump claimed on social media that he had a “very good and productive” discussion with Putin. US President Donald Trump has claimed that his discussion with Russian President Vladimir Putin could pave the way for ending the war in Ukraine. However, he also sounded an alarm, stating that thousands of Ukrainian soldiers are currently “completely … Read more
Ontario premier Doug Ford whose electricity tariff threat provoked President Donald Trump to double his planned tariffs on steel and aluminium from 25 per cent to 50 per cent for Canada apologized to the American people as he announced that he would not back down. “We will not back down. We will be relentless. I … Read more