News Summary - 08/01/2025
đ§ Summary Daily News. | đ§ Summarie Economic & Financial.
Trump's global tariffs 'victory' may well come at a high price
President Trump views his global tariffs as a success, but the resulting realignment in international trade could lead to unintended negative consequences for the US economy and global relations, potentially outweighing the perceived benefits.
US envoy to visit Gaza, as hospital says dozens killed seeking food
US special envoy Steve Witkoff will visit Gaza on Friday to inspect food distribution sites, amid reports of dozens killed at a hospital while seeking food, the White House announced.
Iran drives out 1.5 million Afghans, with some branded spies for Israel
Following a June conflict with Israel, Iran has intensified the forcible deportation of Afghan refugees, totaling about 1.5 million. Some Afghans allege they were beaten and accused of being Israeli spies during these expulsions.
Young Ukrainians get their way as Zelensky overturns law to defuse crisis
Following massive protests by young Ukrainians, President Zelensky overturned a law to restore the independence of two key anti-corruption agencies. Ukraine's parliament voted to reinstate these bodies, responding to public demand for stronger anti-corruption measures and government accountability.
Radioactive wasp nest found at old US nuclear weapons site
A wasp nest containing radiation levels ten times above the permitted limit was discovered at a former US nuclear weapons production facility.
White House unveils plans for new $200m ballroom
Donald Trump has advocated for the construction of a new ballroom at the White House for almost ten years. Recent plans have been announced to build this $200 million facility, fulfilling his long-standing request.
US to deny visas to Palestinian officials
The US announced it will deny visas to officials from the PLO and the Palestinian Administration, citing their continued support for terrorism.
Kyiv toll rises to 26 after wave of Russian strikes defies Trump ceasefire demand
Kyiv reports 26 deaths, including a boy and his mother, following a wave of Russian strikes. The city experienced its highest number of children injured in a single night since the war began.
EU-US tariff deal not finished yet, say Europeans unhappy with Trump's terms
Differences in the EU and US versions of the tariff deal have surfaced, with important aspects still under negotiation. Europeans remain dissatisfied with the terms proposed by the Trump administration, indicating the agreement is far from finalized.
Swedish jihadist jailed for life over IS murder of Jordanian pilot in Syria
A Swedish jihadist was sentenced to life imprisonment for his involvement in the 2015 murder of Jordanian pilot Lt Moaz al-Kasasbeh by the Islamic State. The pilotâs killing was widely publicized in a grim video circulated online by IS.
More than 30 killed in nursing home hit by Beijing floods
Over 30 people died in a nursing home during Beijing floods. Local officials acknowledged "loopholes in emergency planning," calling the tragedy a painful lesson and a "wake-up call" to improve safety measures and emergency response.
'Like a sci-fi movie': US baby born from 30-year-old frozen embryo breaks record
A baby born in the US from a 30-year-old frozen embryo sets a record for the longest embryo freeze leading to a successful live birth, marking a significant milestone in reproductive science.
Olympic star Dahlmeier dead after climbing accident
Two-time Olympic champion Laura Dahlmeier tragically died at age 31 following a mountaineering accident in Pakistan.
Warning issued after US energy drink cans accidentally filled with vodka
Certain varieties of High Noon vodka seltzers and Celsius energy drink cans in the US were accidentally filled incorrectly, prompting warnings to consumers about the mix-up.
Tsunami alerts lifted after huge earthquake prompts evacuations across Pacific
An 8.8 magnitude earthquake struck Russia's Far East, triggering tsunami alerts and evacuations across the Pacific. Fortunately, no deaths have been reported, and the tsunami warnings have now been lifted.
More than a dozen children die because of food shortages in Sudan camp - medics
Famine has been declared in parts of Darfur amid the ongoing civil war. Severe food shortages in the region have led to the deaths of more than a dozen children in a Sudanese camp, highlighting the dire humanitarian crisis.
Family and fans give Ozzy Osbourne emotional send-off
Sharon Osbourne tearfully walked alongside Ozzy Osbourne's coffin in Birmingham, joined by a large crowd of mourners paying their respects in an emotional farewell.
India and US launch 'first-of-its-kind' satellite
The NASA-ISRO joint mission, NISAR, will monitor and record the smallest changes in land, sea, and ice sheets, enhancing understanding of Earth's dynamic processes.
Adidas to raise prices as US tariffs costs rise by âŹ200m
Adidas, which sources the majority of its products from Vietnam and Indonesia, plans to raise prices due to increased US tariff costs totaling âŹ200 million.
Tanzania's ban on foreigners operating small businesses sparks Kenyan backlash
Tanzania has banned foreigners from operating small businesses in sectors such as mobile money transfers, tour guiding, small-scale mining, and curio shops. This move has sparked backlash from Kenya, where many expatriates run such enterprises, highlighting tensions over economic opportunities and cross-border trade.
UK to recognise Palestinian state unless Israel meets conditions
The UK Prime Minister announced a policy shift set for September, where the UK will recognize a Palestinian state unless Israel agrees to specific conditions, including a ceasefire in Gaza.
Shock, chaos and a hollow win: What it's like to do a tariff deal with Trump
Negotiating tariff deals with Trump has been challenging for many countries, marked by confusion and unpredictable demands. The lack of clarity about the agreed terms adds uncertainty, leaving partners feeling the victories are hollow amid the chaotic process.
A sinkhole revives debate about migrant workers' rights in Singapore
Workers who saved a driver trapped in a sinkhole received widespread praise, bringing renewed attention to the rights and conditions of migrant workers in Singapore. Their heroic act sparked discussions about improving protections and recognition for these essential yet often undervalued laborers.
Gazan boy first to be treated in UK for war injuries
Fifteen-year-old Majd, seriously injured by an Israeli tank shell last February, has arrived in the UK to receive reconstructive surgery, marking the first case of its kind treated in the country.
US allies break with Trump to force diplomatic shift on Gaza
Canada, France, and the UK plan to recognize a Palestinian state, signaling a shift away from the US position under Trump, who remains firmly pro-Israel. This growing divide raises questions about Trump's long-term strategy for Gaza's future amid evolving international diplomatic pressures.
What does recognising a Palestinian state mean?
UK Prime Minister Keir Starmer announced that the UK will recognise a Palestinian state in September unless Israel fulfills specific conditions, signalling a potential shift in UK foreign policy regarding the Israel-Palestine conflict.
Why did Russian mega earthquake not cause more tsunami damage?
Despite being one of the strongest ever recorded, the Russian mega earthquake generated a surprisingly mild tsunami. Experts suggest factors like the earthquake's depth, seafloor topography, and energy distribution contributed to reducing the tsunami's impact, preventing the widespread damage initially feared.
Why plane turbulence is becoming more frequent - and more severe
Flights are experiencing more frequent and severe turbulence due to climate change. Researchers are exploring innovative solutions to reduce turbulence effects, including using AI for predictive modeling and designing airplane wings inspired by owl flight to enhance stability and comfort.
Russian soldiers scammed and robbed of war cash on return from Ukraine
Several Russian servicemen returning from Ukraine have been targeted and defrauded by government officials seeking their salaries and bonuses, leading to widespread cases of scams and theft involving soldiers' war earnings.
A mistaken elevator, frantic emails and a run for help - how New York shooting unfolded
Amid a deadly rampage in a New York skyscraper, workers barricaded doors and sent farewell messages while a gunman moved through the building, killing several people. Panic spread as victims sought safety and help, highlighting the chaos and fear during the shooting.
Two girls shot in Gaza - BBC pieces together what happened and looks at dozens more child shootings
Layan and Mira were killed near IDF soldiers. The Israeli military stated that intentional harm to civilians is prohibited and that these incidents will be investigated by the authorities. The BBC is also examining numerous other cases of child shootings in the region.
Flooded streets and subway systems as storms slam US East Coast
New York and New Jersey declared states of emergency as a powerful storm causes flooding and disrupts subway systems along the US East Coast. Authorities are addressing damage and ensuring public safety amid severe weather conditions.
Watch: Huge stick insect discovered in Australia
Scientists have discovered a new "supersized" stick insect species in Australia, notable for its size and weight comparable to a golf ball.
Watch: Major earthquake off Russia triggers widespread tsunami warnings
A major earthquake off Russia has prompted tsunami warnings across multiple regions, including Russia, Japan, Ecuador, and Hawaii, raising concerns about potential widespread impact.
Bowen: Plan to recognise Palestinian state a big change for British foreign policy
PM Sir Keir Starmer announced the UK will recognise a Palestinian state in September unless Israel makes substantive progress to resolve the Gaza crisis, marking a significant shift in British foreign policy.
Watch: How did Gaza get to the brink of starvation?
BBC's Paul Adams details the factors leading to Gaza's starvation crisis, highlighting the impacts of blockades, restricted access to essential goods, and ongoing conflict that have devastated the regionâs food supplies and humanitarian conditions.
Rhino horns made radioactive to foil traffickers in South African project
A South African university has started the Rhisotope Project, injecting rhino horns with harmless radioactive isotopes. These isotopes can be detected at borders and airports, helping customs officials identify and prevent horn trafficking. The initiative involves cooperation between the University of the Witwatersrand, nuclear energy experts, and conservationists, aiming to protect the declining rhino population.
France under pressure to stop $9.7m of USAID contraceptives being destroyed
France is monitoring a US plan to destroy $9.7 million worth of contraceptives, mainly long-acting devices intended for African women. The stockpile, reportedly in Belgium and possibly moved to France for incineration, has sparked outrage from French feminists and rights groups who view the move as wasteful and harmful to women's rights. The contraceptives were procured by USAID for public health programs.
Mass rape, forced pregnancy and sexual torture in Tigray amount to crimes against humanity â report
A report by Physicians for Human Rights and OJAH documents systematic mass rape, sexual slavery, forced pregnancy, and torture of women and children by Ethiopian and Eritrean forces in Tigray. Based on extensive medical records and witness testimonies, it warns these atrocities constitute crimes against humanity and are spreading due to ongoing impunity.
Gorilla habitats and pristine forest at risk as DRC opens half of country to oil and gas drilling bids
The DRC is offering 52 fossil fuel blocks covering 124 million hectares, threatening key gorilla habitats and pristine forests. This move risks undermining conservation efforts and impacts around 39 million people, despite expert warnings about the environmental harm and carbon-rich nature of these areas.
Christopher Nolan criticised for filming in occupied Western Sahara city
Organisers of the Western Sahara international film festival (FiSahara) have criticised Christopher Nolan for filming part of his adaptation of The Odyssey in Dakhla, a city under Moroccan occupation for 50 years. They warn this could normalise Morocco's repression. The film, starring Matt Damon and others, is set for release on 17 July 2026.
Trump announces sweeping new levies for scores of countries â as it happened
Donald Trump held a White House event including lunch with VP JD Vance and an executive order signing related to new tariffs. Press Secretary Karoline Leavitt briefed the media. For detailed live updates and main tariff story, refer to The Guardianâs dedicated coverage.
Trump imposes sweeping new tariffs on dozens of countries in latest bid to reshape global trade
President Trump signed an executive order imposing tariffs of 10%-41% on imports from 92 countries, including hikes on Canadian goods to 35%. These tariffs, affecting even some of the worldâs poorest nations, will take effect in seven days, with Mexico granted a 90-day extension. The delay allows room for further negotiations amid ongoing trade tensions.
Trump signs order increasing tariffs on Canadian goods from 25% to 35%
President Donald Trump signed an executive order raising tariffs on Canadian imports from 25% to 35%, effective Friday. The increase targets goods outside the US-Mexico-Canada trade agreement. A 40% levy will apply to products transshipped through other countries to avoid the tariffs. The decision, criticized by Mark Carney, intensifies ongoing trade tensions between the U.S. and Canada.
Panama files lawsuits against owner of ports at centre of US-China struggle
Panama's comptroller general filed two cases in the supreme court against owners of key ports involved in US-China tensions. This follows a failed sale attempt to a US-Swiss consortium led by BlackRock and MSC, marking a potential win for Donald Trump's efforts to reduce Chinese influence over the Panama Canal.
âClassic tinpot dictatorâ: Trump exports his assault on democracy to Brazil
Trump has imposed 50% tariffs and sanctioned a Brazilian supreme court judge to punish Brazil for its coup trial against his ally Jair Bolsonaro. This move is seen as part of Trumpâs broader effort to undermine democratic institutions in the Americas, extending his authoritarian tactics beyond the US to Brazil, the regionâs second largest democracy.
Hong Kong democracy campaigner accuses UK police of asking her to âself-censorâ
Carmen Lau, a former Hong Kong politician and democracy activist, claims Thames Valley police asked her to âself-censorâ by agreeing to avoid public gatherings. The request, documented in a memorandum of understanding, has raised concerns among exiled dissidents about potential suppression of criticism against Chinese and Hong Kong officials globally.
Anger grows in China over reports of online groups sharing explicit photos of women
Chinese media revealed a Telegram group called âMaskPark tree hole forumâ with over 100,000 Chinese men sharing non-consensual photos, including explicit images of women. The exposĂ© has sparked widespread anger on Chinese social media over privacy violations and exploitation.
Chinese official makes rare admission of failings over deadly Beijing floods
Yu Weiguo, Communist party secretary of Miyun district, acknowledged gaps in Beijing's preparedness for this week's severe flooding, which killed at least 40 people. This marks a rare public admission of failings by local authorities in responding to the extreme weather event.
Thursday briefing: How âglobal âpreparedness âprevented a âtsunami âtragedy
A powerful earthquake in far east Russia triggered a fast-moving tsunami alert across Japan, Hawaii, and the US west coast. Years of global coordination and early warning systems helped prevent disaster by ensuring timely evacuations and safety measures. Other news includes UK flight disruptions, political tensions over the Israel-Gaza conflict, legal challenges against bans on activism, heat-related risks for minorities in England, and increased online age checks under new UK safety laws.
Japan and South Korea reel from record-breaking heat
South Korea has endured a record 22 consecutive tropical nights, while Japan recorded its hottest day ever. Authorities in both countries warned residents to take heatstroke precautions amid soaring temperatures and strained hospital resources.
Australia news live: Father Chris Riley, founder of Youth off the Streets, dies; police fear âcrowd crushâ at Sydney Harbour Bridge protest, court hears
Father Chris Riley, founder of Youth off the Streets, is remembered as a visionary who transformed thousands of lives. Meanwhile, ASIO highlights that while espionage costs Australia $12.5bn, tens of billions have been saved through security efforts. Officials urge vigilance as foreign intelligence threats continue, emphasizing the need for improved security awareness among individuals and businesses.
Wet and wintry weekend in store for NSW with warnings of heavy rainfall and damaging winds
NSW faces a wet weekend as a low-pressure system intensifies off the coast, bringing heavy rainfall and potential damaging winds. After intermittent showers all week, the bulk of the rain is expected Saturday and Sunday. Temperatures remain cool across eastern cities, with Sydney reaching 18-19°C. Other Australian regions will see varied weather, from rain in Perth to sunny conditions in Darwin.
Australian activists allege they were âbrutalised psychologicallyâ after Israeli military detained Gaza aid boat
Australian activists Tania Safi and Robert Martin claim they were strip-searched, shackled, denied medication and external communication, and treated like criminals by the Israeli military. They were detained after the aid boat Handala, carrying 21 activists to Gaza as part of the Freedom Flotilla Coalition, was intercepted and taken to Israel. The Australian embassy was only allowed to assist after these events.
Five Labor MPs defy NSW premier and vow to attend pro-Palestine march across Sydney Harbour Bridge
Five NSW Labor MPs, including Stephen Lawrence, have defied Premier Chris Minns by pledging to attend a pro-Palestine march across Sydney Harbour Bridge this Sunday. Despite police efforts to challenge the protest in court, 15 politicians signed a letter urging the government to ensure a safe and orderly event in support of Gaza.
Australia dodges latest Trump tariff hikes as trade minister heralds âvindicationâ for Albaneseâs approach
Australia will maintain the baseline 10% tariff on goods imported into the US, avoiding any tariff increases in the latest round of tariffs announced by former President Donald Trump. The new executive order revises tariffs for several countries, but Australia's trade minister emphasizes this as a vindication of Prime Minister Albanese's trade strategy, noting no country benefits from lower reciprocal tariffs than Australia.
Irish court rejects Conor McGregorâs appeal in sexual assault case
Conor McGregor lost his appeal in Ireland after a civil court ruled last year that he must pay damages to Nikita Hand, who accused him of rape. The Dublin court of appeal, consisting of three judges, dismissed all of McGregorâs arguments to overturn the compensation order.
Kyiv protesters celebrate as parliament votes to restore anti-corruption bodiesâ power
Ukraineâs parliament reversed a law from the previous week that had weakened two key anti-corruption agencies. The vote restored their independence amid ongoing Russian drone and missile attacks on Kyiv. Hundreds of protesters outside parliament celebrated the decision with chants of âthe people are the power,â marking the largest public response since Russiaâs full-scale invasion three years ago.
Zelenskyy signs Ukraine anti-corruption law after protests prompt changes â as it happened
President Zelenskyy signed a revised anti-corruption law restoring independence to two key bodies, emphasizing the importance of public opinion. The measure passed unanimously with 331 votes in favor. Meanwhile, Kyiv suffered overnight attacks, raising the death toll to eight as rescue operations continue.
Ukraine parliament to vote on law to restore powers of anti-corruption bodies
Ukraineâs parliament is set to vote on a law reversing recent changes that weakened the independence of two key anti-corruption bodies. The original bill sparked rare wartime protests and accusations against President Zelenskyy of shielding allies from investigations. The new vote aims to restore the agencies' powers and address the public outcry.
EU to start rolling out biometrics entry system for non-EU visitors from October â as it happened
From 12 October, the EU will implement a new entry-exit system using fingerprinting and facial recognition for non-EU citizens. Meanwhile, German finance minister Lars Klingbeil criticized the EU-US trade deal, calling it "growth-weakening" and lamenting the EU's weak negotiating position, though he welcomed the agreement for preventing further escalation.
US labor activist Chris Smalls assaulted by IDF during Gaza aid trip, group says
The Israel Defense Forces intercepted the Handala, an aid ship carrying supplies to Gaza, and assaulted Chris Smalls, an American labor activist and Amazon Labor Union co-founder. The Freedom Flotilla Coalition reported Smalls was choked and kicked during the boarding. The aid ship aimed to break Israelâs blockade amid a severe hunger crisis in Gaza described by UN experts as a âworst-case scenario of famine.â
Starmer âlistening to hostagesâ but intends to stick to Palestine statehood plan
Keir Starmer says he is listening to hostages taken by Hamas, including freed British-Israeli Emily Damari who accused him of "moral failure," but he remains committed to recognising a Palestinian state at the UN. He insists recognition will proceed unless Israel agrees to a ceasefire and supports a two-state solution.
At least 91 killed seeking aid in Gaza as US envoy Steve Witkoff visits Israel
At least 91 people were killed and 600 wounded while waiting for humanitarian aid at the Zikim crossing in Gaza, where Israeli soldiers opened fire. The incident occurred as US envoy Steve Witkoff visited Israel to discuss a ceasefire and oversee aid distribution. The death toll is expected to rise, with hospitals overwhelmed by casualties.
Family pleads for release of Palestinian-American teen held in Israeli prison
Muhammad Zaher Ibrahim, 16, has been detained for over five months in an Israeli prison, accused of rock-throwing, charges his family denies. Arrested at 15, he was taken blindfolded from his West Bank home. His family reports he has lost significant weight and developed scabies, urging for his release from pre-trial detention.
Israeli police release settler accused of killing Palestinian activist
Yinon Levi, the settler accused of fatally shooting Palestinian activist Awdah Hathaleen during a West Bank confrontation, has been released with three days of house arrest. Israeli police have withheld Hathaleen's body. Hathaleen was a journalist and contributed to the Oscar-winning documentary "No Other Land." The incident occurred amid tensions in the village of Umm al-Khair.
Myanmar junta ends state of emergency as it prepares for elections
Myanmarâs military junta has lifted the state of emergency declared in February 2021 and is advancing plans for December elections. Opposition groups vow to boycott the polls, denouncing them as a fraudulent attempt to legitimize military rule. The elections are also facing criticism from international observers amid ongoing conflict and unrest in the country.
âA joyous dayâ: India celebrates return of ancient gems linked to the Buddha
India has secured the return of ancient gem relics associated with the Buddhaâs remains after halting their auction in Hong Kong. The culture ministry had threatened legal action to stop the auction. Prime Minister Narendra Modi called the repatriation of the Piprahwa gems, returned after 127 years, a âjoyous dayâ for India's cultural heritage.
Mother of British victim of Air India crash left âheartbrokenâ by casket error
Amanda Donaghey, mother of a British victim of the Air India crash, expressed heartbreak after the wrong remains were sent to the UK despite providing DNA to officials in Ahmedabad. The Air India Boeing 787 crashed shortly after takeoff on 12 June, killing 241 people.
Indian film company to rerelease romantic drama with AI âhappy endingâ
An Indian company is rereleasing the 2013 film Raanjhanaa as Ambikapathy with a new AI-generated happy ending, replacing the original tragic one. The change, made without the directorâs consent, marks a potential first in global cinema, upsetting the director who feels heartbroken over the alteration of his film about a doomed Hindu-Muslim romance.
Indian FA confirms job applications from Xavi and Guardiola were hoaxes
The All India Football Federation (AIFF) confirmed that job applications allegedly from Xavi HernĂĄndez and Pep Guardiola for the India head coach position were hoaxes. Earlier reports claimed Xavi was interested and even considered too expensive, but the AIFF clarified the emails were not genuine.
Tourist discovers âextinctâ jellyfish while rock-pooling in Outer Hebrides
The stalked jellyfish Depastrum cyathiforme, last seen in 1976 in France and feared extinct, has been rediscovered on South Uist in the Outer Hebrides, nearly 50 years after it vanished from records.
Are Labourâs plans to offset Heathrow expansion emissions all pie in the sky?
The UK government aims to offset increased emissions from Heathrow expansion by investing in green aviation technologies, like low-carbon fuels and electric planes. However, these innovations remain decades from commercial use. Meanwhile, the expanded runway would initially serve high-emission kerosene-fueled planes, threatening climate targets and casting doubt on the effectiveness of Labourâs offset plans.
Labour urged to revive Sure Start label to win back Reform voters
A commission including Labour politicians recommends expanding family centres under the Sure Start brand to restore trust in communities harmed by austerity. Labour peer Hilary Armstrong supports reviving Sure Start to regain support from Reform voters in former Labour strongholds.
Heathrow submits âshovel-readyâ plans for third runway
Heathrow has submitted plans for a ÂŁ50bn third runway expansion, which would cross a diverted M25 and enable over 750 extra daily flights. The government claims the project could create 100,000 jobs, increase annual passengers to 150 million, and boost economic growth, marking a major development for Europe's largest airport.
Far-right extremists using games platforms to radicalise teenagers, report warns
A report in Frontiers in Psychology highlights how far-right extremists exploit livestream gaming platforms' chat features to target and radicalise vulnerable teenage players, mainly young males. Parents are urged to remain vigilant during summer holidays as offenders use in-game live chats to recruit youth.
Judge rules against Trump and extends deportation protections for 60,000 immigrants
A federal judge has extended Temporary Protected Status (TPS) for 60,000 immigrants from Honduras, Nicaragua, Nepal, and other countries, blocking the Trump administrationâs attempt to end these protections. TPS allows eligible immigrants to remain in the U.S. without deportation and grants work authorization while legal challenges continue.
Joe Biden says US is facing âexistentialâ fight with marginalized groups âdramatically under attackâ
At the National Bar Associationâs 100th Annual Awards Gala, former President Joe Biden emphasized the urgent need to protect civil rights and a strong judiciary. He criticized politicians who take pleasure in deporting legal immigrants and warned that marginalized groups in the US are under severe attack, calling the current moment an existential fight demanding confrontation of hard truths.
Virginia Giuffre wanted Epstein documents made public, siblings say
Virginia Giuffre, a key accuser of Jeffrey Epstein who died in April, wanted the Epstein files released to the public. Her siblings revealed she also urged former President Trump not to pardon Ghislaine Maxwell. Giuffre sought justice for victims and transparency regarding the investigation into Epstein's abuse.
Trump to build âbeautifulâ $200m ballroom at White House
The White House will start building a $200 million, 90,000 sq ft ballroom accommodating up to 650 seats, set to be completed before Donald Trump's term ends in early 2029. Press secretary Karoline Leavitt described plans for significant improvements.
Florida executes man convicted of killing his wife and children in 1994
Edward Zakrzewski was executed in Florida for the 1994 murders of his wife and two children, becoming the ninth person put to death in the state this yearâa record annual total since the death penalty's reinstatement. He died at 6:12 pm after a three-drug lethal injection at a state prison near Starke.
Journalist who travelled to Milan to cover the Valencia-Atalanta match tested positive for coronavirus
A journalist who travelled to Milan to cover the Valencia-Atalanta match has tested positive for coronavirus. This is the second confirmed case in the community and the fifteenth in Spain since last Monday.
Map of the spread and keys to understanding the Wuhan coronavirus
The article explains what the Wuhan Coronavirus is, how it is transmitted, and which populations are most vulnerable. It also provides an overview of the spread of the virus and infection figures in different countries, helping to better understand the scale of the pandemic.
Italian tourism suffers; Spain looks on expectantly
Venice's hotel employers' association warns that the region's tourism sector is "on the verge of collapse" due to low tourist numbers, reflecting a weakening of Italian tourism. Meanwhile, Spain is watching the situation with interest, possibly benefiting from the opportunity.
"The magnitude of the coronavirus problem will be no different to the flu".
Ăngel Gil de Miguel, an expert in Preventive Medicine, assures that the impact of the coronavirus will be similar to that of a common flu, offering a reassuring message about the current health situation.
Six Italians locked in double lockdown
The travel companions of the four Italians who tested positive in the Canary Islands are isolated in quarantine inside the hotel, separated from the rest of the guests to avoid contagion.
Trump names Vice President Pence in charge of coronavirus crisis
The CDC confirmed the first case of coronavirus of unknown origin in Northern California. The patient has not travelled abroad or had contact with confirmed cases, indicating possible community transmission.
Wuhan coronavirus: Japan to close all schools until the end of March
South Korea, with almost 1,600 cases of the coronavirus, and the United States have decided to postpone their joint military exercises as a precautionary measure against the spread of the virus. Japan, meanwhile, will close all its schools until the end of March to curb the spread of the virus.
The Government overcomes the first stumbling block to the Budget thanks to the ERC
The Government has overcome the first hurdle in the approval of the Budget thanks to the support of ERC, despite the vote against by Junts per Catalunya, which has provoked indignation among the Republicans.
The dialogue table will meet monthly and the agreements will be "within the framework of legal certainty".
After a three-hour meeting, the Government and the Generalitat agreed that the dialogue table will meet monthly and that the agreements reached will respect legal certainty, thus consolidating a framework of cooperation to advance in their negotiations.
How the polls are progressing in Galicia and the Basque Country
The latest election polls for Galicia and the Basque Country show updated trends, while basic data on the evolution of the coronavirus is included, all presented in Kiko Llaneras' newsletter this Wednesday.
Ciudadanos paid a salary to a member of the Central Electoral Board who resolved party appeals
Andrés Betancor received a salary from Ciudadanos as an advisor in Congress while simultaneously being a member of the Central Electoral Board, the highest electoral authority, and resolving appeals presented by the party itself.
50 former European ministers and leaders speak out against Trump's Palestine plan
Fifty former European ministers and leaders express their rejection of Trump's Palestinian peace plan, adding to the general international rejection of the White House proposal.
PlĂĄcido Domingo cancelled his performances at the Teatro Real before they were officially cancelled.
PlĂĄcido Domingo cancelled his performances at the Teatro Real before they were officially cancelled. In addition, the Ăbeda festival will not count on his presence, and the Palau de les Arts removed his name from one of its venues, amid controversy.
How our European neighbours are managing the expansion of Airbnb
Cities such as Paris, Rome and Berlin are taking different approaches to mitigate the impact of Airbnb on tourism and the real estate market, balancing tourism growth with the protection of local housing.
Prosecutor's office files complaint against woman for tweeting fake video of migrant children
The Public Prosecutor's Office has filed a complaint against a woman for tweeting a fake video showing an assault on migrant minors. The incident, which supposedly took place in Spain, actually happened in Brazil, denying the information that went viral on Twitter.
China reveals what the hidden face of the Moon is made of
China's Yutu-2 rover has obtained the most accurate radar images of the interior of the hidden face of the Moon. This breakthrough enables a detailed analysis of the moon's composition and structure, providing new data on its geology that increases knowledge about the natural satellite and supports future space exploration missions.
Especial EL PAĂS en Arco | Muntadas: âLa sociedad ha degradado las palabrasâ
Artist Muntadas discusses how society has diminished the meaning of words, impacting communication and culture. He reflects on language's evolving role and its manipulation in public discourse, emphasizing the need to reclaim clarity and truth in communication. His insights were shared during the ARCO art fair, highlighting the intersection of language, art, and social critique.
The story of Duralex, tableware as unbreakable as our nostalgia
The French brand Duralex, known for its durable and iconic tableware, has transcended its everyday use to become a museum object, reflecting its cultural and nostalgic value over time.
Why do mosquitoes prey on our ankles?
Mosquitoes are attracted to the lactic acid odour emitted by the feet, which varies from person to person. This chemical is especially detectable around the ankles, which explains why mosquitoes often bite there.
Fnac customers who bought a mobile phone 575 euros cheaper due to a mistake were proved right by the consumer affairs authorities
Fnac published a high-end Huawei at 124 euros instead of 699. It received 12,000 orders, which it cancelled. Consumo has ruled in favour of the customers affected by the error.
Javier Bardem: "Today there is a Hernån Cortés in Congress".
Javier Bardem presents in Berlin the film 'The Roads Not Taken' and prepares to travel to Mexico to shoot an Amazon series about Hernån Cortés, produced by Steven Spielberg. The actor suggests that figures similar to Cortés exist in Congress today.
Trump rejigs tariff rates ahead of deadline, levies 40% duties on all transshipped goods
The White House announced that all goods identified as transshipped to bypass tariffs will now incur an extra 40% duty, tightening trade enforcement ahead of a key deadline.
German inflation dips to cooler-than-expected 1.8% in July
German inflation fell to 1.8% in July, slightly below economists' forecasts of 1.9%, indicating a cooler inflation trend than anticipated.
U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit
The U.S. economy grew at a 3% annualized rate in the second quarter, surpassing the expected 2.3% growth despite the impact of tariffs imposed by the Trump administration.
Private company hiring bounced back with a 104,000 increase in July, ADP says
Private sector payrolls increased by 104,000 in July, rebounding from a 23,000 decline in June, according to ADP's seasonally adjusted data.
Companies from Stanley Black & Decker to Conagra are saying tariffs will cost them hundreds of millions
Businesses across various industries are struggling with increased costs due to changing global trade policies. Companies like Stanley Black & Decker and Conagra report tariffs will cost them hundreds of millions, prompting urgent efforts to manage the financial impact.
Euro zone economy ekes out better-than-expected 0.1% growth in second quarter
The Euro zone's economy grew by 0.1% in Q2, surpassing expectations despite concerns over tariffs affecting Europe. The modest growth indicates resilience amid trade tensions and economic uncertainty.
The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue
Though no major policy changes are expected, the Fed's upcoming meeting is filled with interesting subplots that could impact future decisions.
The EU-U.S. trade deal could have one unexpected winner: The UK
The EU-U.S. trade agreement faces skepticism due to concerns about its impact on the EU. However, the deal could unexpectedly benefit the UK, which stands to gain from new trade dynamics and potential advantages as the EU and U.S. strengthen economic ties.
Even with high tariffs, Trump's trade war suddenly is starting to look not so scary on Wall Street
Despite high tariffs, economists highlight factors like resilient corporate earnings, easing trade tensions, and adaptive market strategies that make the trade war seem less threatening to Wall Street. These elements contribute to a more optimistic economic outlook amid ongoing trade disputes.
Trump says he believes Powell is ready to start lowering rates
On Friday, Trump expressed confidence that Federal Reserve Chair Jerome Powell is prepared to begin lowering interest rates, following their recent meeting.
Textiles to whisky: U.K.âIndia 'historic' deal is set to boost bilateral trade by over $34 billion a year
Indian PM Narendra Modi and UK PM Keir Starmer signed a historic trade deal aimed at boosting bilateral trade by more than $34 billion annually, covering key sectors like textiles and whisky.
European Central Bank holds interest rates as tariff turmoil keeps policymakers on edge
The European Central Bank has paused interest rate hikes for the first time this year, citing inflation stabilizing near its 2% target. Despite ongoing tariff uncertainties causing concern among policymakers, the ECB opted to maintain current rates to monitor economic developments.
Trump's aluminum tariffs may be sparking a green recycling boom â unintentionally
Trump's aluminum tariffs, intended as protectionist trade measures, are unexpectedly encouraging the recycling of millions of tonnes of scrap metal. This shift supports environmental goals by promoting sustainable metal reuse despite the policy's original economic focus.
El-Erian breaks ranks with Wall Street, says Powell should resign to preserve Fed independence
El-Erian, president of Queens' College at Cambridge, stated his opinion diverges from Wall Street, suggesting that Federal Reserve Chair Jerome Powell should resign to maintain the Fed's independence.
Treasury Secretary Bessent calls for a review of 'the entire' Federal Reserve
Treasury Secretary Bessent proposed a comprehensive review of the Federal Reserve, extending beyond the recent issues related to building renovations, signaling a broader evaluation of the institution's operations.
Brexit made businesses abandon the UK. Trump's hefty EU tariffs could bring them back
President Trump's proposed 30% tariffs on the EU could encourage businesses that left the UK post-Brexit to reconsider relocating there, as the U.K. may become a more attractive base for accessing European markets under new trade conditions.
â30% is untenableâ: From Irish whiskey to Italian cheese, Trump's tariff threat rattles EU exporters
EU exporters, including Irish whiskey distilleries and Italian cheese producers, warned that a proposed 30% tariff by the Trump administration would create a lose-lose scenario, severely harming their businesses and trade relations. The tariffs threaten to disrupt established markets and impose heavy costs on both sides.
Inflation outlook tumbles to pre-tariff levels in latest University of Michigan survey
Consumers' concerns about tariff-driven inflation have eased significantly, returning to levels seen before tariffs were imposed. However, many remain cautious and expect prices to rise in the future.
Israel's stock market outperforms Middle East counterparts despite multi-front wars
Israel's stock market has surged due to strong foreign investment and renewed investor confidence after its 12-day conflict with Iran, outperforming other Middle Eastern markets despite ongoing regional tensions.
Kevin Warsh touts 'regime change' at Fed and calls for partnership with Treasury
Kevin Warsh advocates for major reforms in the Federal Reserve's operations, urging a strategic partnership with the Treasury Department to enhance policy effectiveness.
Trump denies that he plans to fire Powell: 'Highly unlikely'
Following the Supreme Court's suggestion that President Trump lacks the authority to arbitrarily remove Fed Chair Jerome Powell, Trump denied any plans to fire him and called such an action "highly unlikely."
Wholesale inflation measure was unchanged in June
The producer price index for June remained flat, defying the Dow Jones consensus estimate which had predicted a 0.2% increase.
UK inflation hits hotter-than-expected 3.6% in June
UK inflation rose to 3.6% in June, surpassing economistsâ forecast of 3.4%, indicating a hotter-than-expected increase in prices over the year.
Inflation picks up again in June, rising at 2.7% annual rate
The consumer price index for June rose by 2.7% compared to the previous year, matching the Dow Jones consensus estimate, indicating an uptick in inflation.
Inflation report Tuesday should provide clues on the impact tariffs are having on prices
June's inflation report is expected to reveal insights into how tariffs are affecting prices, focusing more on underlying data trends rather than just headline figures.
India's inflation cools to 2.1% in June, extending slide to more than 6-year lows
India's inflation rate dropped to 2.1% in June, marking the lowest level in over six years. This decline reflects easing price pressures and suggests improving economic stability amid global uncertainties. The fall in inflation is expected to positively impact consumer spending and support growth prospects.
Treasury posts unexpected surplus in June as tariff receipts surge
In June, the Treasury recorded an unexpected surplus of over $27 billion, a significant turnaround from May's $316 billion deficit, driven by increased tariff receipts.
Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates
President Donald Trump announced a 35% tariff on Canadian imports effective August 1, escalating trade tensions and warning of further tariffs if Canada retaliates.
Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows
Concerns that President Trump's tariffs would trigger a significant inflation surge have faded, as recent New York Fed survey data indicates inflation expectations have returned to levels seen before the tariffs were announced.
Trump threatens extra 10% tariff on countries that align with 'Anti-American' BRICS policies
Trump announced the U.S. will begin sending letters outlining tariff rates and existing agreements with trading partners starting Monday, signaling potential new tariffs on countries adopting 'Anti-American' BRICS policies.
TikTok took the world by storm. Now, Chinese companies are taking videos further with AI
Chinese companies are leveraging their expertise in video and gaming to develop advanced AI tools that generate videos and visual effects, aiming to boost monetization in the digital content space.
Stocks making the biggest moves after hours: Apple, Reddit, Amazon, First Solar and more
Several stocks, including Apple, Reddit, Amazon, and First Solar, saw significant price changes in after-hours trading, reflecting investor reactions to recent news and market developments.
Stocks making the biggest moves midday: Generac, Shake Shack, Microsoft, Meta and more
Generac, Shake Shack, Microsoft, Meta, and other notable stocks experienced significant price movements midday, reflecting market volatility and investor reactions to recent news and earnings reports.
The words investors are betting will be said tonight on Apple's earnings call
Investors on prediction platform Kalshi are placing bets on the key topics and phrases Apple will mention during its upcoming earnings call, reflecting market expectations and sentiment around the tech giant's performance.
JPMorgan marks 1,000th branch opening since 2018 expansion plans
JPMorgan Chase has opened its 1,000th branch since expanding its network in 2018, bringing its total to about 5,000 branchesâthe largest number among U.S. banks, per Federal Reserve data.
Stocks making the biggest premarket moves: CVS, Comcast, Meta, Norwegian Cruise and more
Several stocks, including CVS, Comcast, Meta, and Norwegian Cruise, are experiencing significant premarket movements. Investors are closely watching these changes as market activity begins.
China's July manufacturing activity contracts more than expected â declines for fourth-straight month
China's official manufacturing PMI dropped to 49.3 in July, below the expected 49.7, marking the fourth consecutive month of contraction in the sector.
Stocks making the biggest moves after hours: Microsoft, Meta, Ford Motor, eBay and more
Several stocks including Microsoft, Meta, Ford Motor, and eBay are experiencing significant price movements after market hours, impacting investor sentiment and futures trading.
Here's what changed in the new Fed statement
The Fed's latest statement, compared to June's, highlights updated economic outlooks and policy adjustments discussed at Wednesday's FOMC meeting, reflecting shifts in inflation, employment, and interest rate guidance.
Divided Fed holds key interest rate steady, defying Trump's demands for aggressive cuts
The Federal Reserve decided to maintain its benchmark interest rate unchanged despite pressure from President Trump for aggressive cuts. The decision was not unanimous, with two senior officials dissenting.
Stocks making the biggest moves midday: Harley-Davidson, Wingstop, Sarepta Therapeutics and more
Several stocks are experiencing significant midday trading activity, with notable movers including Harley-Davidson, Wingstop, and Sarepta Therapeutics. These companies are seeing increased volatility and volume as investors react to recent news and market developments.
Stocks making the biggest moves premarket: Starbucks, Peloton, Novo Nordisk, Mondelez and more
Several stocks, including Starbucks, Peloton, Novo Nordisk, and Mondelez, are experiencing significant price changes in premarket trading, reflecting early market reactions and investor interest ahead of the trading day.
Why it appears Washington is becoming friendlier toward crypto ETFs under Trump
Capitol Hill is showing increased openness to market innovations like ETFs and cryptocurrency, reflecting a more welcoming stance during the Trump administration, say investment experts.
Why Revolut's journey to become a UK bank is taking so long
A year after obtaining its UK banking license, Revolut remains in the "mobilization" phase, restricting the volume of customer deposits it can accept, which delays its full banking operations.
UBS posts net profit beat as market volatility boosts trading
UBS reported a net profit beat driven by heightened market volatility, which boosted trading activities. The bank's group invested assets surged, supported by growth in its global wealth management and corporate divisions.
Stocks making the biggest moves after hours: Starbucks, Visa, Teladoc, LendingClub and more
Several stocks including Starbucks, Visa, Teladoc, and LendingClub are experiencing significant price changes in after-hours trading, reflecting investor reactions to recent news and earnings reports.
Stocks making the biggest moves midday: Carrier, Johnson Controls, Chart Industries, Sarepta and more
Several stocks, including Carrier, Johnson Controls, Chart Industries, and Sarepta, are experiencing significant price movements midday, reflecting active trading and notable market interest.
Tom Leeâs Granny Shots ETF rakes in $2 billion in AUM just 9 months after inception
The GRNY ETF, actively managed and focusing on about 35 high-quality S&P 500 stocks, has quickly amassed $2 billion in assets under management within nine months of its launch.
JPMorgan Chase is nearing a deal to replace Goldman Sachs as Apple Card issuer, sources say
JPMorgan Chase is close to replacing Goldman Sachs as the issuer of the Apple Card, taking over its substantial loan portfolio. This move would enhance JPMorgan's standing as a top player in the U.S. financial sector.
Stocks making the biggest moves premarket: Novo Nordisk, Whirlpool, Sarepta Therapeutics and more
Several stocks, including Novo Nordisk, Whirlpool, and Sarepta Therapeutics, are showing significant movement in premarket trading, reflecting early market reactions and investor sentiment.
With Trump pressure and a 'new Lebanon,' can Hezbollah's shadow economy be dismantled?
Hezbollah faces its toughest challenge yet amid increased US pressure under Trump and Lebanon's evolving political and economic crisis. The group's extensive shadow economy, which has long supported its operations, is now at risk as international sanctions tighten and local dynamics shift, threatening its financial stability and influence in the region.
Barclays second-quarter profit beats estimates as investment banking revenues swell
Barclays' investment banking unit posted ÂŁ3.3 billion in income for Q2, boosting the lender's overall profit beyond estimates. Investors responded positively to the strong performance, highlighting the success of Barclays' focused strategy in investment banking.
Stocks making the biggest moves after hours: Cadence Design Systems, Whirlpool, Nucor and more
Cadence Design Systems, Whirlpool, Nucor, and other stocks showed significant price changes in after-hours trading, indicating notable investor reactions and market activity beyond regular hours.
JPMorgan says fintech middlemen like Plaid are 'massively taxing' its systems with unnecessary pings
JPMorgan plans to impose fees on fintech firms like Plaid and MX for accessing customer data, citing that their frequent data requests heavily strain the bankâs systems.
Stocks making the biggest moves midday: Tesla, Nike, Revvity, Anheuser-Busch and more
Several stocks, including Tesla, Nike, Revvity, and Anheuser-Busch, are experiencing significant price movements during midday trading. Investors are closely watching these shifts amid ongoing market activity.
Stocks making big premarket moves: Cheniere Energy, Nike, Kratos, ASML and more
Several stocks, including Cheniere Energy, Nike, Kratos, and ASML, are experiencing significant movement in early Monday trading, reflecting notable premarket activity across various sectors.
China's latest AI model claims to be even cheaper to use than DeepSeek
Startup Z.ai (formerly Zhipu) unveiled a new, affordable AI model aimed at keeping Chinese tech firms competitive. The announcement highlights the ongoing race in China to develop cost-effective artificial intelligence solutions.
Quantum computing firm IonQ hires former JPMorgan Chase applied research head
IonQ, a leading pure-play quantum computing company, has hired the former head of applied research from JPMorgan Chase. The move comes as IonQ and competitors like Rigetti and D-Wave have experienced significant stock surges over the past year.
Where is Nvidia? Chinese rivals take the limelight at major AI event in Shanghai
Nvidia was notably absent from the World AI Conference in Shanghai, lacking a booth despite hopes to sell its less advanced H20 chip to China again. Meanwhile, Chinese AI companies took center stage at the event.
âThis market is pricing in perfection,â warns Verdence Capital CIO as tariff deadline looms
Verdence Capital CIO Megan Horneman warns that despite record-high market levels, risks remain as the market seems to assume perfect conditions. With a tariff deadline approaching, potential disruptions could unsettle this optimistic pricing.