Author: Daily Sabah With Reuters
U.S. President Donald Trump on Wednesday said his proposed $5 million “gold card” visa would help the country pay down its debt while offering top companies a way to attract top immigrant workers. Trump said the country would start selling the visa in about two weeks.
The U.S. must move quickly to achieve a trillion dollar reduction from the country’s deficit, Elon Musk said on Wednesday at President Donald Trump’s first cabinet meeting. Musk warned that the country would go bankrupt without spending cuts.
U.S. President Donald Trump on Wednesday announced a reversal of concessions given to Venezuela on an oil transaction agreement by his predecessor Joe Biden. Trump, in a post on Truth Social, said he has ordered that the agreement dated November 26, 2022 be terminated “as of the March 1 option to renew.” Venezuela President Nicolas Maduro and his government have always rejected sanctions by the United States and others, saying they are illegitimate measures that amount to an “economic war” designed to cripple Venezuela. Maduro and his allies have cheered what they say is the country’s resilience despite the measures,…
Pope Francis, battling double pneumonia, remains in critical condition but is stable and has not had any further respiratory crises, the Vatican said on Tuesday. The 88-year-old pope was spending his 12th night at Rome’s Gemelli hospital, the longest hospital stay of his nearly 12-year papacy.
Norway and Denmark plan to increase their cooperation on defence, the two Nordic NATO members said on Tuesday in a joint statement. They said the move would be within the framework of Nordic cooperation and the NATO framework, and their aim is to present concrete proposals in May. “Amongst the areas to be covered would be investigating opportunities for stronger industrial ties to support our own defence sectors and our continued commitment to Ukraine,” they said. “We will look at how to strengthen cooperation between our armed forces in all domains, and how we can develop our strategic cooperation in…
Bitcoin hit its lowest in over three months on Tuesday, as nerves in markets over U.S. tariffs reinforced the blow to crypto investor confidence from last week’s $1.5 billion hack of ether from the Bybit exchange. Bitcoin, the world’s largest cryptocurrency by market value, broke below $90,000 to its lowest since November 18, falling by as much as 7.5% at one point. It was last down 5% on the day at $89,314. Global investors have been jittery of late on signs the so-called exceptionalism of the U.S. economy might be fading, while President Donald Trump prepares to impose tariffs. Trump…
A Russian attack wounded four people and damaged residential buildings across Ukraine overnight, local officials said on Tuesday. Mykola Kalashnyk, governor of the region that surrounds the Ukrainian capital of Kyiv, said one woman was injured in the attack which also damaged 12 private residences. “She received wounds to her leg, she has been hospitalised,” Kalashnyk said in a post on the Telegram messaging app. Two more people were injured in the northeastern region of Sumy and one woman was hospitalised after the attack on the central region of Zhytmoyr. All of Ukraine was under air raid alerts starting at…
U.S. Middle East envoy Steve Witkoff is delaying a trip to the Middle East by a few days due to U.S. diplomatic efforts on Russia and Ukraine, Axios reported on Tuesday, citing a source.
An American Airlines flight from New York to New Delhi was forced to land in Italy due to a bomb threat, the Flight Emergency site and airport sources said on Sunday. “American flight AA292 will divert to Rome en route to Delhi due to a bomb threat,” Flight Emergency, a flight-tracking account, posted on X. The Boeing 787-9 Dreamliner flight with about 200 people onboard landed at Rome’s Leonardo da Vinci airport at about 16:20 GMT, according to airport sources. The plane was over the Caspian Sea when the airline warned the crew of a bomb threat, sources added. A…
Pope Francis, battling double pneumonia, remains in a critical condition and his prognosis is still guarded because of the “complexity” of his clinical condition, the Vatican said on Sunday. The pope was admitted to Rome’s Gemelli hospital on February 14 after having trouble breathing for several days and subsequently had pneumonia diagnosed in both lungs.