World

22

Jan

By The Press Editor

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World

Trump cancels tariff threat over Greenland after talks with NATO chief on future framework

The US President has been calling for the annexation of Greenland and making threats to impose tariffs on European allies if the Arctic Island is not sold to Washington. Davos: US President Donald Trump said he is cancelling his tariff threat on several European countries over Greenland after reaching an understanding with NATO Secretary General Mark Rutte on a "framework for a future deal" focused on Arctic security.  In a post on his Truth Social platform, Trump said the tariffs that were set to take effect on February 1 would no longer proceed after discussions with the NATO chief. I…

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21

Jan

By The Press Editor

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World

Pakistan to join Trump’s ‘Board of Peace’ to support Gaza ceasefire efforts

Pakistan said its participation is aligned with efforts under the United Nations Security Council framework. The Board of Peace was set up late last year as part of President Trump’s Gaza peace plan. New Delhi: Pakistan on Wednesday announced that it will join US President Donald Trump’s “Board of Peace,” an initiative aimed at helping achieve lasting peace in Gaza. The decision follows an invitation extended by Trump to Prime Minister Shehbaz Sharif, Pakistan’s foreign ministry said in a statement. What is the ‘Board of Peace’? The Board of Peace was set up late last year as part of…

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21

Jan

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World

EU lawmakers halt trade deal with US after Trump’s Greenland move and tariff threats

Lawmakers said the recent statements from the US president made it difficult to move forward with the agreement at this time. The trade deal was expected to strengthen economic ties between the EU and the US, but growing uncertainty over Washington’s intentions has delayed progress. Brussels: A group of members of the European Parliament stopped a planned vote on a major trade agreement between the European Union and the United States on Wednesday. The vote was blocked after Trump warned he could impose extra tariffs on countries that oppose his plans to take control of Greenland. Lawmakers said the…

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21

Jan

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World

India ‘stopped’ buying Russian oil after Trump’s 25% tariff, claims US Treasury Secretary

Notably, the US President announced a cumulative 50 per cent tariff on Indian goods, 25 per cent of which was specifically linked to India’s procurement of Russian energy supplies. Washington: US Treasury Secretary Scott Bessent has said that India has halted its purchases of Russian crude oil in the aftermath of tariffs imposed by President Donald Trump on nations trading energy with Moscow.  “India started buying Russian oil after the (Ukraine) conflict began, but President Trump put a 25 per cent tariff on them, and India has geared down and has stopped buying Russian oil,” Bessent said while speaking with…

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21

Jan

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World

‘No one can secure Greenland other than US’: Trump addresses World Economic Forum in Davos

Trump stressed the global impact of the US economy, saying, “The US is the economic engine for all nations on the planet. When America booms, the entire world booms. When it goes bad… you all follow us down.” New Delhi: US President Donald Trump addressed the World Economic Forum in Davos, opening his speech by highlighting what he described as significant economic gains in the United States. He pointed to improvements in income levels and easing inflation, calling it “great for all nations.” Trump stressed the global impact of the US economy, saying, “The US is the economic engine for…

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21

Jan

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World

US seizes seventh Venezuela linked oil tanker as Trump pushes to control country’s global oil supply

The US has taken control of a seventh oil tanker linked to Venezuela as part of President Trump's broader strategy to dominate the country's oil distribution network. The Liberian-flagged Sagitta was seized without resistance and is believed to have carried Venezuelan oil. Washington: The United States has seized yet another oil tanker connected to Venezuela marking the seventh such capture as part of the Donald Trump administration's sweeping effort to take charge of the South American nation's oil assets. The latest operation targeted the Motor Vessel Sagitta, which US forces boarded on Tuesday without any resistance. US Southern Command confirmed the…

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21

Jan

By The Press Editor

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World

China reluctant to join Trump’s Board of Peace on Gaza, insists on UN-led approach

Earlier this week, Chinese officials confirmed that the United States had invited China to join the Board of Peace. However, they did not say whether Beijing would accept the invitation. Beijing: China has shown hesitation about joining a proposed Gaza peace body put forward by US President Donald Trump, saying it would only consider participation in the initiative if it is backed by the United Nations. Speaking at a press briefing on Wednesday, Foreign Ministry spokesperson Guo Jiakun said China remains firmly committed to multilateralism and supports an international system led by the UN. He stressed that Beijing does not…

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21

Jan

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World

Japanese court sentences man who shot former PM Shinzo Abe to life imprisonment

Shinzo Abe, one of Japan's most influential politicians, was serving as a regular lawmaker after leaving the prime minister's job when he was killed in 2022 while campaigning in the western city of Nara. It shocked a nation with strict gun control. Tokyo: A Japanese court on Wednesday sentenced a man who admitted assassinating former Japanese Prime Minister Shinzo Abe to life imprisonment, according to NHK public television. The case has revealed decades of cozy ties between Japan's governing party and a controversial South Korean church. Tetsuya Yamagami, 45, earlier pleaded guilty to killing Abe in July 2022 during…

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21

Jan

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World

Canada PM Mark Carney slams US policies under Trump, says rules-based order was a lie

Mark Carney said that the recent crises in finance, health, energy and geopolitics have exposed the dangers of deep global interdependence. “Great powers have begun using economic integration as weapons," he said. Davos: In a strong rebuke of American actions and policies under President Donald Trump, Canadian Prime Minister Mark Carney said “great powers” have started using tariffs as weapons, and that the old order is not coming back. Carney said this while speaking at the World Economic Forum in Davos and added that the rules-based order was partially false. Here’s what Canada PM Mark Carney said “Let me be…

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21

Jan

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World

Benjamin Netanyahu, Israel’s PM, joins Trump’s ambitious ‘Board of Peace’ despite initial Turkey concerns

Netanyahu's team initially objected to Turkey's role as a regional foe but greenlit the invitation from Trump. Joining Israel are confirmed participants UAE, Morocco, Vietnam, Kazakhstan, Hungary, Argentina, and Belarus. Jerusalem: Israel's Prime Minister Benjamin Netanyahu has agreed to participate in US President Donald Trump's newly formed Board of Peace, reversing earlier reservations from his office about Turkey's inclusion on the executive committee. The announcement, confirmed on Wednesday (January 21), positions Israel among the first nations backing Trump's expanded vision for global conflict mediation, with further details slated for Davos. From Gaza ceasefire to global ambition Originally conceived as a…

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