War Financial News

Here's all you need to know about the week ahead in world markets from Lewis Krauskopf in New York, Kevin Buckland in Tokyo and Karin Strohecker, Dhara Ranasinghe and Alun John in London.

Every year, bills are introduced in state legislatures across the country seeking to end the changing of clocks twice a year

Trump news updates LIVE: US President Donald Trump is set to deliver remarks to the media shortly, with expectations high regarding potential statements on key policy issues and ongoing developments in his administration.While the White House has not disclosed specific topics, Trump’s address comes amid rising economic concerns, including weaker-than-expected job growth in February, the impact of his federal workforce cuts, and new trade tariffs.Also, Trump’s remarks may touch on foreign policy matters, particularly the ongoing Russia-Ukraine war and his recent statement on potential new sanctions against Moscow.The media briefing follows a period of heightened political and economic activity, and analysts will be closely watching for any policy shifts or announcements that could shape the administration’s next steps.US President Donald Trump has announced that he is "strongly considering" imposing large-scale economic sanctions on Russia in response to its intensified military offensive in Ukraine. In a post on Truth Social, Trump emphasised the urgency of diplomatic negotiations while threatening severe financial measures."Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED," Trump wrote."To Russia and Ukraine, get to the table right now, before it is too late.

Subscribe to enjoy similar stories. Syrian government forces are responding to a series of clashes and ambushes launched by partisans of the deposed Assad regime, the biggest domestic military challenge yet to the former rebel group trying to hold the country together with stretched manpower.

Subscribe to enjoy similar stories. Days after Russia began its full-scale invasion of Ukraine, Kyiv’s allies united to deploy a weapon against the Kremlin: freezing Russia’s overseas assets. The question of what to do with the $300 billion in frozen funds has divided European countries ever since.

Subscribe to enjoy similar stories. This week, the new US president addressed the US Congress in what turned out to be the longest speech in history. Apart from talking about immigration, geopolitical conflicts and making America great again, Donald Trump reiterated his strong stance on tariffs.

World War II bomb discovered near the tracks at Paris’ Gare du Nord train station on Friday morning disrupted travel for thousands of commuters. The unexploded ordnance affected metro, national, and international rail services, including Eurostar trains. French railway company TER confirmed the discovery in a statement on social media platform X. “An unexploded bomb from the Second World War was discovered near the tracks,” TER stated. Furthermore, all Eurostar trains to London have been halted following the bomb's discovery in Paris, as reported by AP.

Jammu and Kashmir Omar Abdullah on Thursday said that the BJP should take back parts of Jammu and Kashmir from Pakistan as well as China. Abdullah, while speaking in the J&K assembly said that BJP keeps criticizing Congress for losing Haji Peer to Pakistan and other things, instead BJP should tell us what they brought back in the Kargil war in 1999 when they had the opportunity and excuse that Pakistan had attacked first. “One part of Kashmir is with Pakistan. Today Foreign Minister has said that they will take that back. Who has stopped you? We never said don't take back that part of Kashmir back. We are saying, why are you silent on the part that is with China?” Abdullah asked.

BEIJING — China's Minister of Foreign Affairs Wang Yi struck a more conciliatory tone on U.S. relations during a high-profile press conference on Friday, in contrast to the ministry's more aggressive language earlier in the week.

Subscribe to enjoy similar stories. Donald Trump appears determined to end the war in Ukraine—and on terms that are strongly in Russia’s favour. He and his vice-president have harangued Ukraine’s leader, Volodymyr Zelensky, in the Oval Office, warning him that he has no leverage and that he needs a ceasefire or he will have no country left.

Subscribe to enjoy similar stories. In any word association test, ‘Diego’ would cue the name of football legend Maradona. But for elderly Indians, it recalls Diego Garcia, a geopolitical bugbear of the Cold War era, when India wanted the US to withdraw its forces from an air-base on a small island by that name in the Indian Ocean.

China unlocked more stimulus on Wednesday and promised greater efforts to cushion the impact of an escalating U.S. trade war. Hours earlier, Germany's likely next government agreed on the biggest overhaul to fiscal policy since the country's reunification.

This is the second one-month postponement Trump has announced since first unveiling the import taxes in early February.

Combination of trade and strategic dominance makes China an unlikely counterweight to a protectionist US. Trade and geopolitical risks have escalated since Trump assumed office, and the second-order outcome of reciprocal US tariffs is Chinese overproduction. US tariffs on Chinese goods will rise further and China's exports will be diverted to Europe and Asia.

Trudeau said Thursday he expects Canada and the U.S. to be in a trade war for the foreseeable future after having what he called a colorful but constructive call with U.S. President Donald Trump this week. Trudeau said the two sides discussed tariffs, and that they are «actively engaged in ongoing conversations in trying to make sure these tariffs don't overly harm» certain sectors and workers. He also reiterated that «we will not be backing down from our response tariffs until such a time as the unjustified American tariffs are Canadian goods are lifted.» Trump launched a new trade war Tuesday by imposing tariffs against Washington's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin. Trump put 25% taxes, or tariffs, on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy.

Subscribe to enjoy similar stories. The recent rebound in India’s stock market could stretch by 1.4% in the short term, said market experts, although they warned that it could be a mere bounce within a larger downtrend as foreign investors remain significantly bearish in the domestic cash and derivatives segment. On Thursday, stock market bulls kept India’s benchmark indexes up for a second straight day following 10 straight sessions of battering.

Subscribe to enjoy similar stories. Spectacular policy reversals in the United States have seized the news. The tariff and Ukraine wars dominate headlines, but those involve selected targets, not including India so far.

Subscribe to enjoy similar stories. The Smoot-Hawley Tariff Act of 1930 is blamed for deepening the Great Depression. Don’t tell that to the Trump administration, which just unveiled the toughest tariffs in almost a century.

Subscribe to enjoy similar stories. Days before the fall of President Bashar al-Assad, Russia said the Syrian rebels advancing on Damascus were terrorists. Now, with those rebels in power, Moscow senses an opportunity to both expand its economic footprint in Syria and hold on to its military bases there.

Uttarakhand if they come to the state in the winter. «The government's vision of round the year tourism will strengthen the economy and create jobs for the youth,» he said. «We want border areas to reap the benefits of tourism,» Modi added.