China has filed a legal complaint with the World Trade Organization (WTO) in response to the United States’ additional 10% tariff on Chinese goods. The move, announced by China’s Commerce Ministry on Tuesday, argues that the U.S.’s unilateral tariff imposition violates WTO rules and threatens the foundation of economic and trade cooperation between the two […]
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German President Frank-Walter Steinmeier sharply criticized U.S. President Donald Trump following an intense exchange with Ukrainian President Volodymyr Zelenskyy at the White House on Friday. Steinmeier, speaking to a German news agency before heading to Uruguay, expressed his astonishment at the confrontation, stating, “I would never have believed that one day we would have to […]
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Several weeks after President Trump’s 25% tariffs on goods from Canada and Mexico were initially imposed, they officially took effect on Tuesday, heightening tensions between the U.S. and its key trading partners. In response, Canada has moved to impose 25% tariffs on about $100 billion worth of U.S. imports, with Prime Minister Justin Trudeau accusing […]
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The UAE’s national oil company, ADNOC, has merged its polyolefin assets with Austrian energy giant OMV, forming a formidable new entity in the petrochemical sector. This strategic move, combined with OMV’s recent $13.4 billion acquisition of Nova Chemicals, will create a global petrochemical powerhouse valued at $60 billion. The merger enhances both companies’ capabilities in […]
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“Near the frontlines, sexual violence and human rights abuses remain rampant, as is the looting and destruction of civilian homes and businesses,” said Patrick Eba, Deputy Director of UNHCR’s Division of International Protection. Speaking in Geneva, Mr. Eba told journalists that that North and South Kivu provinces remain unstable, with “hundreds of thousands of people […]
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The Polish Space Agency (POLSA) has been targeted by a cyberattack, prompting the agency to disconnect its network from the internet over the weekend in an effort to secure its systems. POLSA confirmed the breach on social media, stating that the incident had been reported to authorities, and an investigation was underway. While the agency […]
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The Ethiopian Human Rights Commission (EHRC) has announced the lifting of the suspension on four prominent civil society organizations (CSOs) by the Authority for Civil Society Organizations (ACSO). Among the organizations reinstated are the Center for the Advancement of Rights and Democracy (CARD), the Association for Human Rights in Ethiopia (AHRE), Lawyers for Human Rights […]
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At Mobile World Congress (MWC) 2024 in Barcelona, Deutsche Telekom (the parent company of T-Mobile) announced its plans to launch a new AI-driven smartphone, powered by the Perplexity Assistant. Set for release later this year, the device will run on “Magenta AI,” offering users a suite of AI tools including Google Cloud AI, ElevenLabs, and […]
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BlackRock, the world’s largest asset manager with $11 trillion in assets, has announced a landmark $22.8 billion deal to acquire a 90% stake in Panama Ports Company from CK Hutchison’s subsidiary, Hutchison Port Holdings. The acquisition includes key assets at both ends of the Panama Canal—Cristobal Port on the Atlantic and Balboa Port on the […]
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In its 2024 Annual Report, released on Tuesday, the INCB explains that unlike plant-based drugs, these substances can be made anywhere, without the need for large-scale cultivation, making them easier and cheaper for traffickers to produce and distribute. The rise of powerful opioids like fentanyl and nitazenes – potent enough to cause overdoses in tiny […]
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