Wednesday, June 17, 2026
Economy
UK govt climbs down on welfare cuts in latest U-turn
London (AFP) - The UK government backed down Friday on controversial plans to slash disability and sickness benefits after a...
US Fed’s preferred inflation gauge picks up as tariff effects loom
Washington (AFP) - The US Federal Reserve's preferred measure of inflation edged up in May while spending weakened, government data...
Spain makes Booking.com scrap 4,000 tourist rental ads
Madrid (AFP) - Online hotel booking giant Booking. com on Friday said it had taken down thousands of advertisements in...
US Treasury signals G7 deal excluding US firms from some taxes
Washington (AFP) - US Treasury Secretary Scott Bessent signaled Thursday that a deal is forthcoming among G7 nations allowing US...
China confirms trade deal framework reached with United States
Beijing (AFP) - China confirmed on Friday details on the framework of a trade deal with the United States, saying...
US Treasury signals G7 deal excluding US firms from some taxes
Washington (AFP) - US Treasury Secretary Scott Bessent signaled Thursday that a deal is forthcoming among G7 nations allowing US...
After NATO deal, how far will EU go for trade peace with Trump?
Brussels (Belgium) (AFP) - After satisfying Donald Trump's calls for Europe to ramp up defence spending in NATO, EU leaders...
Migrant money from Russia a lifeline for Central Asia
Batken (Kyrgyzstan) (AFP) - In a remote town in southern Kyrgyzstan, teacher Nur Akhmatov watched workers building a library, conference...
Global matcha ‘obsession’ drinks Japan tea farms dry
Los Angeles (United States) (AFP) - At a minimalist Los Angeles matcha bar, powdered Japanese tea is prepared with precision,...
US Fed proposes easing key banking rule
Washington (AFP) - The US Federal Reserve released plans Wednesday to relax a key capital rule for major banks, a...
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