U.S. Ambassador Warren Stephens has met Prime Minister Keir Starmer after President Donald Trump urged the U.K. to ditch wind power projects and drill for oilByJILL LAWLESS Associated PressLONDON — LONDON (AP) — U.S. Ambassador Warren Stephens met British Prime Minister Keir Starmer on Friday to “convey the priorities of the Trump administration,” after President Donald Trump urged the U.K. to ditch wind power projects and drill for oil.The U.S. Embassy said those priorities include “maximizing the U.S.-U.K. partnership to advance our shared interests, such as the recently announced trade deal and our defense and security alliance which promotes stability…
Author: Enya
Making meat is a messy business. But for Brazilian meat giant JBS, getting approval to trade its shares on the New York Stock Exchange has been even messier.Environmentalists, animal rights groups, U.S. lawmakers and even some of its own investors have tried to stop a U.S. listing for JBS, noting the company’s long record of corruption, monopolistic behavior and environmental destruction.But JBS has persevered, saying dual listings in Sao Paulo and New York would attract new investors and better reflect its global portfolio. Late last month, the U.S. Securities and Exchange Commission granted the company’s request to list its shares…
LOS ANGELES — U.S. homeowners are spending more on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy.Sales at building materials and garden supply retailers rose 0.8% last month from March, the biggest gain since 2022, and were up 3.2% from April last year. At the same time, U.S. retail sales overall rose 0.1%, a sharp slowdown from March.The trend comes even as prices for home improvement products have been rising.The cost of home repairs and remodeling climbed by nearly 4% in the first quarter from a year earlier, according to Verisk’s Remodel Index.…
HONG KONG — World shares were mixed on Friday as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt. The yield of the 10-year Treasury shed 0.8% to 4.52% while the two-year yield, which more closely tracks expectations for action by the Federal Reserve, slipped 0.3% to 3.99%.Oil prices dropped on expectations that the OPEC+ group of oil exporters may decide on another increase in output at their next meeting. U.S. benchmark crude oil fell 21 cents to $60.99 per barrel while Brent crude, the international standard, gave up…
The German economy, Europe’s biggest, grew by 0.4% in the first quarter thanks to stronger-than-expected exports and manufacturingBERLIN — The German economy, Europe’s biggest, grew by 0.4% in the first quarter thanks to stronger-than-expected exports and manufacturing, official data showed Friday. That was double the growth initially estimated.The Federal Statistical Office had reported at the end of last month that the economy expanded by 0.2% in the January-March period compared with the previous quarter. The head of the office, Ruth Brandt, said that “the surprisingly good economic development seen in March” led to the revision.The last time Germany saw stronger…
Kyiv, Ukraine — In the face of intensified Russian missile and drone strikes, Ukraine is urgently appealing to the United States and its allies for additional air defense systems to protect its cities, infrastructure, and energy grid. President Volodymyr Zelenskyy has called for at least seven more Patriot air defense systems to be deployed across the country. “We urgently need Patriot systems and missiles for them,” Zelenskyy said in a recent statement. “This is what can and should save lives right now.” In response to the growing threat, the United States has approved a new $6 billion military aid package…
WASHINGTON, D.C. – Jake Wood, the executive director of the Gaza Humanitarian Foundation (GHF), has resigned from his position, citing an inability to fulfill the organization’s mission while upholding the fundamental principles of humanitarian aid. Wood, a former U.S. Marine and co-founder of the disaster response organization Team Rubicon, had been appointed to lead the newly formed GHF, which was launched as a U.S.- and Israeli-backed alternative to United Nations-led aid efforts in Gaza. In his resignation statement, issued May 25, he said, “I cannot remain in a position where humanitarian neutrality, independence, and impartiality are compromised. These principles are…
While guns have largely fallen silent along the Line of Control (LoC) since the 2021 ceasefire agreement, India and Pakistan remain embroiled in a different kind of standoff — a cultural cold war playing out through films, media, sports, and diplomacy. The Ceasefire That Changed Little In February 2021, both nations reaffirmed their commitment to a ceasefire along the LoC in Kashmir — a surprise move welcomed by global observers after years of escalations, including the 2019 Pulwama-Balakot episode. Since then, border clashes have sharply declined. But the reduction in overt military hostilities has not translated into a thaw in…
His films “The Sorrow and the Pity” and “Hôtel Terminus” confronted wrenching questions not only about Nazi collaboration, but also the role of memory, conscience and free choice…
Russia’s missile and drone attack casts more doubt on the U.S.-brokered peace process. Trump’s envoy to Ukraine described the strikes as “shameful” in a post on X…