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The US trade deficit surged to a new record in January, government data showed Thursday, as imports spiked while tariff worries flared in the month of President Donald Trump's inauguration. Trump returned to the White House this year with pledges to ease cost-of-living pressures for voters, but on the campaign trail he also raised the possibility of sweeping levies across US imports. The overall trade gap of the world's biggest economy ballooned 34 percent to $131.4 billion, on the back of a 10 percent jump in imports for the month, said the Commerce Department. This was the widest deficit for a month on record, dating back to 1992, and the expansion was more than analysts anticipated. The latest figures came after the US economy saw its goods deficit hit a fresh record too for the full year of 2024 -- at $1.2 trillion. In January, imports came in at $401.2 billion, and this was $36.6 billion more than the level in December, Commerce Department data showed. US exports, me...
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A 32-year-old man, Jaythan Lawrence Glider, was arrested for allegedly stealing two pairs of diamond earrings worth over $769,000 from a Tiffany & Co. store at the Mall at Millenia in Orlando on February 26. According to the Orlando Police Department, Glider took the unusual step of swallowing the stolen earrings. According to a police report obtained by WFLA , Glider allegedly gained access to the expensive jewellery at Tiffany & Co on February 26 by posing as a representative for an Orlando Magic player. This ruse reportedly allowed him to access the high-end items, which he then stole. Here is surveillance footage shared by police: NEW: Man accused of eating $700K worth of Tiffany jewelry during heist in Orlando Jaythan Lawrence Gilder, 33, from Texas, claimed to represent an Orlando Magic player Gilder was eventually taken to a VIP room where he was shown several pieces of jewelry totaling nearly $1.4… pic.twitter.com/Bau8tAI3Om — Unlimited L's (@unlimited_ls) M...
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The Trump administration has been conducting secret talks with Hamas on the possibility of releasing U.S. hostages being held in Gaza, Axios reported on Wednesday, citing two unnamed sources with direct knowledge of the talks. The important part about this talk is that US has never engaged with Hamas directly before, as it has designated it as a terrorist organisation in 1997. The talk has been held by U.S. presidential envoy for hostage affairs Adam Boehler with Hamas in Doha in the past weeks. Although the US government had spoken to Israel about the possibility of holding talks with Hamas, Israel learned about the engagement through other channels. The talks with Hamas have been regarding American hostages, but according to the sources, talks of a broader deal to release all remaining hostages have also been had, in order to reach a long-term truce. However, no deal has been reached as of yet. from NDTV News-World-news https://ift.tt/G9BzTNU
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Just days after a stunning public clash with US President Donald Trump in the Oval Office, Ukrainian President Volodymyr Zelensky today underscored that he wants to "make things right" with Trump and wanted to work under his "strong leadership" to secure a lasting peace in Ukraine. "Our meeting in Washington, at the White House on Friday, did not go the way it was supposed to be. It is regrettable that it happened this way. It is time to make things right. We would like future cooperation and communication to be constructive," Mr Zelensky posted on X in his first public comments since Trump halted US military aid to Ukraine. Russia said the suspension of US-Ukraine aid was the "best contribution" to peace, Kremlin spokesman Dmitry Peskov said, adding that it was a "solution which could really push the Kyiv regime to a peace process". Any disruption in the flow of US arms to the front line would rapidly weaken Ukraine's chance of ...
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Minutes before it was scheduled to launch, the first commercial mission of Europe's new heavy-lift rocket Ariane 6 was called off on Monday due to an "anomaly" on the ground. It was the latest of several postponements for the rocket as Europe seeks to secure independent access to space amid a shock rapprochement between Moscow and Washington. The launch had been scheduled to blast off from Europe's spaceport in Kourou, French Guiana at 1:24 pm (1624 GMT) Monday. While there had been some scattered rain in Kourou, teams on the ground had received the green light until just minutes before blast off. But after an "anomaly" on the ground was detected, "the only possible decision now is to postpone the launch," said David Cavailloles, the head of the French company Arianespace which operates the rocket. "I have no doubt that we will have another flight again soon," he added. The launch was postponed as Europe seeks to reduce its reliance...
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Donald Trump said Monday that Washington would "not put up with" Volodymyr Zelensky's rhetoric much longer, as the US president prepared to meet his top team after a disastrous Oval Office row with the Ukrainian. "This is the worst statement that could have been made by Zelensky, and America will not put up with it for much longer," Trump said on social media, citing a story quoting Ukraine's president saying the end of the war with Moscow was far off. "This guy doesn't want there to be Peace as long as he has America's backing." Trump also took aim at European leaders who met Zelensky for crisis talks in London at the weekend, saying that they had "stated flatly that they cannot do the job without the US." "Probably not a great statement to have been made in terms of a show of strength against Russia. What are they thinking," Trump said on his Truth Social network. Trump's broadside came after a meeting between...
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Israeli Prime Minister Benjamin Netanyahu on Monday said it was time to give Palestinians "the freedom to leave" Gaza, praising US President Donald Trump's "visionary and innovative" plan to forcibly remove the territory's residents. "President Trump presented a visionary and innovative vision for the freedom of migration from Gaza, and I believe it's a vision that should be supported," Netanyahu said during a speech at the Israeli parliament. "It's time to give the residents of Gaza a real choice. It's time to give them the freedom to leave", he added. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) from NDTV News-World-news https://ift.tt/9etjaLE
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