Stocks Plunge as Tariff Concerns Shake Global Markets

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 12, 2025.

GDANSK/TOKYO, Feb 28 – Global stock markets experienced a sharp downturn on Friday, reaching their lowest levels in six weeks as concerns over impending U.S. tariffs rattled investor confidence. The U.S. dollar remained firm, hovering near multi-week highs, while fears of an escalating trade war reignited worries about the global economic outlook. Technology stocks bore … Read more

Infamous Mexican Cartel kingpin Rafael Caro Quintero Faces U.S. Court After Explosive Extradition

DEA’s most wanted drug lord Rafael Caro Quintero arrives in NYC to face charges after Mexico hands him over to US

NEW YORK, Feb 28 – Rafael Caro Quintero, a figure long associated with Mexico’s drug trade, is scheduled to be arraigned in a U.S. federal courtroom on Friday, facing serious drug trafficking charges. Caro Quintero, once a key player in the Guadalajara Cartel, was among 29 individuals extradited by Mexican authorities in what is being … Read more

Hamas Returns Bodies of 4 Hostages as Israel Releases Hundreds of Palestinian Prisoners in a Pivotal Exchange

Palestinian prisoners are greeted after being released from Israeli prison following a ceasefire agreement between Israel and Hamas, in the West Bank city of Ramallah, Thursday, Feb. 27, 2025.

JERUSALEM/TEL AVIV/GAZA, Feb 27 – In a significant exchange amid a fragile ceasefire, Hamas handed over the bodies of four Israeli hostages while Israel proceeded with the release of hundreds of Palestinian prisoners. The overnight swap marked the conclusion of the first phase of an ongoing truce in Gaza, which has so far withstood numerous challenges … Read more

Trump Administration Delays NIH Research Grants, Stalling Studies on Lyme and Lung Disease

Brian Stevenson, professor of Microbiology, Immunology and Molecular Genetics, poses at the University of Kentucky, in Lexington, Kentucky, U.S., August 12, 2021.

WASHINGTON, Feb 26 – The Trump administration has been blocking the National Institutes of Health (NIH) from awarding new research grants for various medical studies, including those on Lyme disease and lung conditions, according to scientists, former NIH officials, and internal documents. A procedural loophole has allowed the government to delay these crucial research funds. … Read more

Musk’s Bold Ultimatum: Federal Workers Get One Last Chance to Justify Their Jobs or Be Fired

Elon Musk holds up a chainsaw onstage during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., February 20, 2025.

WASHINGTON, Feb 25 – A statement from Elon Musk indicating that federal employees will have one more opportunity to justify their positions before termination has added to growing uncertainty within the U.S. government. Musk, who has been leading a significant restructuring of the federal workforce under President Donald Trump’s administration, announced via X, the social … Read more

Apple’s Ambitious Expansion: Texas AI Server Factory to Create 20,000 High-Tech Jobs in the U.S.

Apple

FEBRUARY 24 – Apple Inc. has announced plans to establish a large-scale factory in Texas by 2026, focusing on building artificial intelligence (AI) servers. The initiative is part of Apple’s broader strategy to expand its presence in the U.S., creating approximately 20,000 new research and development jobs across the country. This major investment aligns with … Read more

Euro and German Stocks Rise as Conservatives Secure Election Victory

The euro and German stocks saw a significant uptick on Monday following the conservative party’s victory in Germany’s national elections.

LONDON/SYDNEY, Feb 24 – The euro and German stocks saw a significant uptick on Monday following the conservative party’s victory in Germany’s national elections. Investors responded positively to the election outcome, which paves the way for a centrist coalition. However, optimism remained cautious due to potential challenges in forming a government and shaping economic policies. … Read more

Germany’s Election Shock: Conservatives Triumph as Far-Right Gains Historic Support

Friedrich Merz, leader of Germany's conservative Christian Democratic Union and his party's main candidate for chancellor, addresses supporters after the first exit polls in the German general elections were announced on TV, in Berlin on Feb. 23, 2025.

BERLIN, Feb 23 – Germany’s 2025 federal election has concluded, with the mainstream conservative Christian Democratic Union (CDU) and its sister party, the Christian Social Union (CSU), emerging victorious. Led by Friedrich Merz, the conservative bloc secured the largest share of votes, setting the stage for a new government. A record-breaking 83.5% voter turnout, the … Read more

Germany’s Decisive Election: Voters Signal a Powerful Shift to the Right

Voters are casting their ballots in a German election expected to show a swing to the right.

BERLIN, Feb 23 – Millions of Germans headed to the polls on Sunday in a crucial national election that is expected to bring significant political changes. Conservative leader Friedrich Merz and his CDU/CSU alliance are poised to return to power, while the far-right Alternative for Germany (AfD) is anticipated to achieve its strongest electoral performance … Read more

Trump Ousts Top US General in Shocking Pentagon Shake-Up

C.Q. Brown, National POW/MIA Recognition Day, the Pentagon, September 20, 2024.

WASHINGTON, Feb 21 – In a significant shake-up of the U.S. military leadership, President Donald Trump has removed Air Force General Charles Q. Brown, who served as the Chairman of the Joint Chiefs of Staff. Alongside Brown, five other high-ranking military officials, including admirals and generals, have been pushed out, marking a historic shift in … Read more