Author: AFP
Global oil demand growth is set to accelerate this year but the escalating trade war launched by US President Donald Trump threatens to disrupt the market, the International Energy Agency said Thursday. The IEA noted that crude prices dropped in February and early March as concerns grew about the impact of trade tensions on the global economy and the OPEC+ cartel confirmed plans to raise production next month. Global oil demand is expected to rise by just over one million barrels per day (bpd) in 2025, up from 830,000 bpd in 2024, according to the Paris-based agency. That would take…
President Volodymyr Zelensky said on Wednesday that he expected strong measures from the United States if Russia rejected Washington’s proposal for a 30-day ceasefire with Ukraine. “I understand that we can count on strong steps. I don’t know the details yet but we are talking about sanctions (against Russia) and strengthening Ukraine,” Zelensky said.
A Ukrainian presidential official said on Tuesday the U.S. has resumed military assistance to Ukraine following talks in Saudi Arabia. “I have confirmation that US military assistance has been resumed. The agreements are being implemented,” Palvo Palisa, deputy head of the presidential office said on Facebook.
A Ukrainian presidential official said on Tuesday the U.S. has resumed military assistance to Ukraine following talks in Saudi Arabia. “I have confirmation that US military assistance has been resumed. The agreements are being implemented,” Palvo Palisa, deputy head of the presidential office said on Facebook.
President Donald Trump sought to boost plummeting Tesla share prices Tuesday by briefly turning the White House into a showroom, announcing he was buying one of the electric cars made by close advisor Elon Musk and threatening anti-Musk protesters with “hell.” The unprecedented product endorsement by a sitting president came after Tesla shares cratered amid market fears spurred by Trump’s tariffs and backlash to Musk’s controversial role in slashing the US government. Despite his troubles, Musk still announced that he plans to double Tesla production in the United States in the next two years. “I said, ‘you know, Elon, I…
Canada on Wednesday announced additional tariffs on Can$29.8 billion ($20.7 billion) of US goods, retaliating against sweeping American levies on steel and aluminum. “We will not stand idly by while our iconic steel and aluminum industries are being unfairly targeted,” Canadian Finance Minister Dominic Leblanc told reporters. He called US President Donald Trump’s 25 percent steel and aluminum tariffs implemented Wednesday “completely unjustified, unfair and unreasonable.” Leblanc said Canada will be imposing on Thursday 25 percent tariffs on a new list of US goods that include steel products worth Can$12.6 billion, aluminum worth Can$3 billion, and products ranging from computers…
Ukraine can discuss security guarantees with its partners after the implementation of a ceasefire, President Volodymyr Zelensky said Wednesday, as a 30-day truce proposal was still awaiting a response from Russia. “We will talk about security guarantees in more detail if there is a ceasefire for 30 days. These 30 days are meant to put on paper… the steps we’ve agreed on with allies and the format of the security guarantees that will be in place in Ukraine after the end of the war,” Zelensky told a press conference in Kyiv.
Russia has ramped up pressure on Ukraine’s troops in the Kursk region, Ukrainian President Volodymyr Zelensky said Wednesday, adding that Kyiv was doing “as much as possible” to protect its soldiers. “The Russians are clearly trying to put maximum pressure on our troops, and our military command is doing what it has to do,” Zelensky told a press conference in Kyiv. “We are preserving the lives of our soldiers as much as possible.”
US President Donald Trump said Tuesday he will buy a “brand new Tesla” to show support for his top campaign donor and advisor, Tesla CEO Elon Musk. “To Republicans, Conservatives, and all great Americans, Elon Musk is ‘putting it on the line’ in order to help our Nation, and he is doing a FANTASTIC JOB!,” Trump posted on his Truth Social platform just after midnight on Tuesday. “But the Radical Left Lunatics, as they often do, are trying to illegally and collusively boycott Tesla, one of the World’s great automakers, and Elon’s ‘baby,’ in order to attack and do harm…
Cuba has granted early release to 553 prisoners, completing a deal struck in the final days of Joe Biden’s US presidency that his successor Donald Trump later abandoned, a Supreme Court official said Monday. “The process was successfully completed,” the court’s vice president Maricela Soza Ravelo said on state television, noting that 378 applications had been filed in January and 175 in February. In one of his final official acts, Biden on January 14 removed Cuba from a US list of state terror sponsors in return for the communist island agreeing to free 553 prisoners. But six days later marked…