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International Business

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Farmers exploit loophole in Amazon soy deal to clear rainforest
Brazilian soy farms expand into Amazon despite 2008 deforestation pact

SANTAREM, Brazil: As Brazil cements its position as the world's top soy exporter, a new wave of deforestation is spreading across the...

Europe eases rates as Fed holds and Trump threatens tariffs
Central banks cut rates amid Trump tariff, inflation jitters

ZURICH, Switzerland: A wave of central banks across Europe surprised markets last week by lowering interest rates, responding to easing...

Carney sets 30-day deadline for US trade deal
Canada threatens higher tariffs on US steel, aluminum

OTTAWA, Canada: Canada may boost its counter-tariffs on steel and aluminum imported from the U.S. if a comprehensive trade agreement...

Federal Reserve chief weighs next move as economic outlook wavers
Federal Reserve faces tough call despite strong US economy

WASHINGTON, D.C.: The U.S. economy is performing reasonably well, but Federal Reserve Chair Jerome Powell faces a difficult decision...

Brazil aims to restart poultry trade after bird flu clearance
Brazil declares bird flu-free status, seeks to resume exports

SAO PAULO, Brazil: Brazil is taking confident steps to restore its dominance in global poultry exports after declaring its commercial...

New Zealand PM seeks stronger ties with China amid security talks
New Zealand PM Luxon in China to boost trade and tourism

BEIJING/WELLINGTON: New Zealand's Prime Minister Christopher Luxon commenced his visit to China on June 17, seeking to strengthen trade...

Mediterranean

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Aircraft orders expected as Paris airshow opens, despite recent crises
Paris airshow opens amid global aviation uncertainty

PARIS, France: The Paris Airshow kicked off on June 16, attracting attention with expected aircraft orders, but overshadowed by the...

"India will have to navigate very cautiously": Ex JNU Academician weighs in on Israel-Iran conflict
"India will have to navigate very cautiously": Ex JNU Academician weighs in on Israel-Iran conflict

New Delhi [India], June 23 (ANI): As tensions escalate between Israel and Iran following US airstrikes on Iranian nuclear facilities,...

"Will PM speak to Israel, US President to appeal for peace?": Congress' Pramod Tiwari
"Will PM speak to Israel, US President to appeal for peace?": Congress' Pramod Tiwari

New Delhi [India], June 23 (ANI): Congress MP Pramod Tiwari stated on Monday that Prime Minister Narendra Modi should urge all sides...

Domestic defence manufacturing reduced dependency on India's global imports from 11% to 4% over past 14 years: Report
Domestic defence manufacturing reduced dependency on India's global imports from 11% to 4% over past 14 years: Report

New Delhi [India], June 23 (ANI): Traditionally heavily reliant on foreign suppliers for defence equipment, India has significantly...

Magnitude 5.7 earthquake strikes Papua New Guinea
Magnitude 5.7 earthquake strikes Papua New Guinea

PORT MORESBY, 23rd June, 2025 (WAM) -- A magnitude 5.7 earthquake struck Papua New Guinea on Monday, the European Mediterranean Seismological...

Xinhua Commentary: Israel-Iran conflict demands de-escalation, not provocation
Xinhua Commentary: Israel-Iran conflict demands de-escalation, not provocation

The worsening situation in the Middle East is a stark reminder that power politics and military interventions lead to nothing but chaos...