War Financial News

There was an oft-repeated message in Federal Reserve chair Jerome Powell's press conference on Wednesday: Tariffs will raise consumer prices.

Boris Johnson, a longtime Donald Trump supporter in Britain, has abruptly reversed course, criticizing the US president's handling of negotiations with Vladimir Putin. Boris Johnson has expressed his rage following the breakdown of the US President's negotiations with Vladimir Putin.

Washington-based U.S. District Judge James Boasberg has given the administration until noon (1600 GMT) to either provide specifics on when the deportation flights took off and landed so he can determine whether they violated his order, or to invoke a legal doctrine involving state secrets to avoid sharing those details and explain their reasons for doing so. Boasberg gave the Justice Department the option of giving him the flight details under seal, meaning they would not be made public. But the judge expressed skepticism that the state secrets doctrine — which protects sensitive national security information from being disclosed in civil litigation — was applicable, given that U.S. Secretary of State Marco Rubio posted details of the flights on social media.

Congress MP and Leader of Opposition (LoP) in Lok Sabha Rahul Gandhi on Thursday met with the Congress MPs from Punjab, who are protesting in the Parliament premises over the issue of farmers'. Punjab Congress MPs, including the party's Punjab chief, Amarinder Singh Raja Warring, staged a protest against both Punjab and central governments over the eviction of farmers from the Punjab-Haryana Khanauri and Shambhu Borders. Congress leaders also raised concerns over various other issues affecting farmers in the region. Warring condemned the treatment of farmers, stating, «The way atrocities have been done on farmers, I condemn it. The real face of the governments that used to say that we are well-wishers of the farmers has been exposed.» He specifically accused Punjab Chief Minister Bhagwant Mann and Union Home Minister Amit Shah of being responsible for the forceful removal and violence against farmers. «Bhagwant Mann and Union Home Minister Amit Shah have done the work of beating them (farmers), this should not happen,» Warring added.

This year, 13-year-old Vaibhav Suryavanshi, will already become the youngest player ever to feature in the cash-rich tournament. Here are the five youngest players participating in the IPL 2025.

Rafale fighters armed with hypersonic nuclear missiles by the middle of the next decade to counter what it believes is the Russian threat from the east. Just days after proposing a nuclear umbrella to Europe in the event of US President Donald Trump withdrawing from the NATO military alliance, French President Emmanuel Macron on March 18 announced that an air base near the German border will have Rafale F5 combat jets armed with Air-Sol Nucleaire de 4eme Generation (ASN4G) hypersonic nuclear missiles. «By 2035, Luxeuil-Saint-Sauveur Air Base will be the first base to host the latest version of the Rafale fighter jet with a hypersonic nuclear missile, symbolising the renewal and modernisation of our nuclear deterrent forces that has begun.

No injuries were reported. The Houthis said they fired a ballistic missile at Israel's international airport, the second such attack since the United States began a new campaign of airstrikes against the rebels earlier this week. Over the decades, Israel has developed a sophisticated system capable of detecting incoming fire and deploying only if the projectile is headed toward a population center or sensitive military or civilian infrastructure. Israeli leaders say the system isn't 100% guaranteed, but credit it with preventing serious damage and countless casualties. Here's a closer look at Israel's multilayered air-defense system: The Arrow: This system developed with the U.S. is designed to intercept long-range missiles. The Arrow, which operates outside the atmosphere, has been used to intercept long-range missiles launched by the Houthis as well as those launched by Iran during two direct exchanges of fire last year.

Ajay Bagga, Market Expert, says it will not be very politically prudential or possible to bring the value chains back into the US. But when it is organised chaos and insanity as a stated policy, it is very difficult then for markets and it turns volatile. So, April 2nd is a very big event risk. That might just end with a whimper and get postponed for another three months, and that means volatility will again get enhanced. Yesterday, the Bank Global Manager survey showed 55% are putting the risk of a global recession because of Trump trade wars as the biggest risk. Bagga says by June, a bottom should be in place. Price wise, 21,800 was probably a bottom price level. Now from here, markets could go down in the very short term on some event risk, but fundamentally, we are better off than we were in September. Let us first address the big market setup. The markets are finally rebounding. Is relief finally on the anvil or there is more concern on the horizon? Have we bottomed out? Ajay Bagga: It is difficult to say that we have bottomed out but if we look at the macro, we are much better off than we were in September.

Subscribe to enjoy similar stories. It’s natural for Canada to respond to the barrage of U.S. tariffs by threatening retaliation.

JP Morgan Chase CEO Jamie Dimon said Artificial Intelligence was a great technological revolution that will drive everything and change the world, sounding bullish on the sweeping technological changes AI was sparking. AI was reshaping the world just like the invention of the printing press, the steam engine, and the internet did, he said in a chat with Adobe CEO Shantanu Narayen at the tech company’s annual summit in Las Vegas. “Like past innovations, AI too will take time but will transform the world in ways we can’t yet imagine.” The future, according to him, was going to be AI-driven.

Yemen early Thursday. In Jerusalem, several explosions were heard shortly after the sirens sounded. There were no immediate reports of injuries. Yemen's Houthi group this week resumed missile attacks following the collapse of Israel's ceasefire with Hamas. Police also reported sirens in central Israel in the 4 a.m. attack. The MADA rescue service says it has received no reports of injuries. Israel said Wednesday its troops retook part of a corridor that bisects Gaza, and its defense minister warned that attacks would intensify until Hamas frees dozens of hostages and gives up control of the territory.

Trump and Ukrainian President Volodymyr Zelenskyy said Wednesday that they had a constructive call about moving toward a ceasefire between Kyiv and Moscow, with the White House suggesting the U.S. could take control of Ukrainian power plants to ensure their security. Trump told Zelenskyy that the U.S could be «very helpful in running those plants with its electricity and utility expertise,» according to a White House statement from Secretary of State Marco Rubio and national security adviser Mike Waltz that described the call as «fantastic.» Trump added that «American ownership of those plants could be the best protection for that infrastructure.» Zelenskyy and Trump discussed in general terms the possibility of a ceasefire, according to a senior Ukrainian official who spoke on the condition of anonymity because he wasn't authorized to comment publicly. During the call, there was an emphasis how any ceasefire process would need to be monitored and that the teams still needed to resolve technical issues, said the official, who characterized the call as «a very good conversation, positive, with the jokes.» During the call, Zelenskyy requested additional Patriot defense missile systems. Rubio and Waltz said Trump «agreed to work with him to find what was available, particularly in Europe.»

Canada’s economy may have ended 2024 on a high note, but that could all be undone as world trade is upended by Donald Trump’s tariff war, according to a new report by the Organization for Economic Co-operation and Development (OECD).

US Federal Reserve is set to announce its decision on interest rates on Wednesday, March 19. The announcement will be made against the backdrop of US President Donald Trump’s tariff wars and cuts to government funding. A lot of speculation persists over whether the Federal Reserve will keep interest rates unchanged. Wall Street seemed upbeat before Federal Reserve chair Jerome Powell’s press conference, with 60 per cent of broad S&P 500 firms trading higher on Wednesday morning. Over two-thirds of stocks in the Dow index were in the green, CNN reported.

Vladimir Putin scored a coup by discussing with Donald Trump in highly anticipated phone talks everything from improving bilateral ties to Iran and even hockey matches, but stopping well short of agreeing any peace path to end the war in Ukraine, analysts say. During the call on Tuesday, Putin refused a full ceasefire agreement proposed by Washington but focused instead on reviving Russian-American cooperation that has been frozen since Moscow's full-scale invasion of Ukraine in February 2022. The very fact such talks took place was an achievement for the Kremlin, said Ekaterina Schulmann, a Russian political scientist based in Berlin. «The two superpowers are discussing the fate of the world and the future of humanity,» she told AFP, summing up Moscow's thinking. «It is a great achievement for Russia which reproduces a Soviet-era narrative without being the Soviet Union.»

Trump administration’s decision to declassify thousands of documents related to the assassination of John F. Kennedy was meant to bring long-awaited transparency. Instead, it may have unintentionally exposed something else—the CIA’s covert surveillance tactics and espionage strategies during the Cold War. While conspiracy theorists were hoping for definitive answers about whether assassin Lee Harvey Oswald acted alone or was part of a larger plot, the real bombshells lie in the documents detailing how the CIA spied on Soviet and Cuban embassies, recruited double agents, and tapped phone lines in foreign countries.

step down as Tesla's CEO. Investors are concerned that his multiple commitments, particularly his government role, are harming the company.

Uncertainty isn't in short supply these days — and investors have taken notice.

US Federal Reserve’s rate setting committee is expected to retain the federal fund rate steady at 4.25%-4.5% following its two-day meeting which ends today (Wednesday, March 19). It is the Federal Open Market Committee’s (FOMC’s) second policy meeting this year and since Donald Trump took over the reins as the President of the United States of America (USA) in January.

Russian sabotage, disinformation and cyberattacks, easing pressure on Moscow as the Trump Administration pushes Russia to end its war in Ukraine. Former President Joe Biden last year ordered his national security team to establish working groups to monitor the issue amid warnings from U.S. intelligence that Russia was escalating a shadow war against Western nations. The plan was led by the president's National Security Council (NSC) and involved at least seven national security agencies working with European allies to disrupt plots targeting Europe and the United States, seven former officials who participated in the working groups told Reuters. Before President Donald Trump was inaugurated, his incoming administration was briefed by Biden officials about the efforts and urged to continue monitoring Russia's hybrid warfare campaign, the former U.S. officials said. However, since Trump took office on Jan. 20 much of the work has come to a standstill, according to eleven current and former officials, all of whom requested anonymity to discuss classified matters. Reuters is the first to report on the full extent of the Biden administration effort and how multiple different U.S. agencies have since paused their work on the issue.