US President Donald Trump imposed new tariffs under the International Emergency Economic Powers Act to counter trade deficits and bolster domestic manufacturing. Countries with significant trade surpluses face steep tariffs, disrupting industries and supply chains, while others see baseline tariffs. Critics foresee economic instability and potential trade wars.
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The European Commission said Wednesday that it had given formal approval for Leqembi, a long-awaited new treatment for early-stage Alzheimer's disease, to be sold in the EU under strict conditions. Lecanemab has been hailed by Alzheimer's researchers and charities for being the first approved treatment that tackles the early stages of the disease, rather than managing the symptoms.
Pete Hegseth's former sister-in-law (ex-wife of his brother) has now claimed that Hegseth made his second wife Samantha Deering fear for her life. The allegation has reached the senators who will be confirming Hegseth to the Pentagon job for which Donald Trump picked him. Pete Hegseth's wife said the allegations are baseless as there was no physical abuse in her marriage. Hegseth's lawyer said his former sister-in-law had a bone to pick with the Hegseth family.
Four people have been detained after a deadly stabbing linked to Islamic extremism in Mulhouse, France. The suspect, a 37-year-old Algerian man, attacked while repeatedly shouting 'Allahu akbar.' The French government is addressing immigration issues following the incident, emphasizing the need for cooperation with Algeria.
Elon Musk’s son, "Little X," captivated the press during a White House briefing by wandering around, climbing on his father's shoulders, and even charming President Trump. Grimes, however, was displeased with the public appearance, emphasizing he shouldn't have been present. Despite this, Musk's son was praised for his politeness.
Lynne Marie Stewart, best known as Miss Yvonne on Pee-wee’s Playhouse, has died at 78. Friends and colleagues paid tribute to her kind and talented persona. Stewart’s contributions spanned television and film and included memorable roles beyond her iconic character, highlighting her lasting impact.
British treasurer Rachel Reeves said Saturday that London was a "natural home" for Chinese finance during a visit to Beijing in the shadow of bond market turmoil back home. Speaking at the reopening of long-suspended finance talks between the two countries, Reeves said London was a "natural home for China's financial services firms and your clients raising capital, and a launchpad for Chinese firms seeking to build a global footprint".
Elon Musk blames political rhetoric for rising attacks on Tesla owners and businesses, targeting individuals spreading anti-Tesla narratives. He accuses Democratic leaders of fueling resentment due to criticism of his role at the department of government efficiency (DOGE). Musk revealed potential Trump administration actions against those propagating lies, likening his challenges to those faced by President Trump.
Greenland's Prime Minister Mute Egede expressed openness to discussions with US President-elect Donald Trump about Greenland's future but emphasized the island's desire for sovereignty and independence. Egede stated Greenland's preference to remain Greenlandic, not Danish or American, maintaining that its people will decide their future.
President Trump signed his 107th executive order, surpassing previous records with a focus on reducing federal budget and regulations, rolling back Biden-era policies, and intensifying immigration enforcement. His unprecedented pace raises both support and criticism, while courts have blocked several orders.
South Korean President Yoon Suk Yeol's impeachment over his controversial martial law declaration has plunged the nation into political turmoil. Prime Minister Han Duck-soo, a seasoned technocrat, has assumed the role of acting president.