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Economy

Will Powell hint at a rate cut? All eyes on Jackson Hole speech

Markets await Jerome Powell’s Jackson Hole speech for clues on rates. With inflation high and jobs weakening, the Fed faces pressure. Powell may leave a September rate cut on the table, but the trajectory isn't guaranteed.

USA

Trump administration to review all 55 million people with US visas

The State Department’s new language suggests that the continual vetting process, which officials acknowledge is time-consuming, is far more widespread and could mean even those approved to be in the US could abruptly see those permissions revoked.

USA

Euroviews. European diplomacy in Washington must be followed by defence at home

In Washington, the European message was clear: Europeans were united in their demands for ceasefire, for security guarantees, and support for Ukraine, says Kristine Berzina, a senior fellow at the German Marshall Fund of the United States.

USA

Euroviews. Europe kneels before Trump in Washington

Europe did not come to Washington to negotiate with America as a partner; it came to plead with Trump not to make a unilateral deal on Ukraine with Putin, writes Ashok Swain.

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USA

Appeals court throws out massive civil fraud penalty against Trump

Two judges wrote that they felt New York Attorney General Letitia James’ lawsuit against Trump and his companies was justifiable and that she had proven her case but the penalty was too severe.

Europe News

EU, US release trade statement setting 15% tariff on EU exports

The joint statement, which comes nearly a month after the trade deal was struck, is being described as a "first step" by the EU side, which hopes to secure more tariff exemptions.

Uganda

Uganda agrees to take in non-criminal migrants deported from US

Uganda also expressed a preference that those brought into the country should be nationals of African countries and not be unaccompanied minors.

Culture news

Chris Pratt criticised for calling Robert F. Kennedy Jr. 'wonderful'

The Hollywood actor described the controversial US Secretary of Health, who happens to be the cousin of his wife Katherine Schwarzenegger, as "funny" and "wonderful."

South Korea

95-year-old North Korean soldier campaigns to be returned home

Ahn Hak-sop volunteered to fight for the North Korean army in 1952 but was captured by South Korean soldiers in April 1953, months before the fighting stopped with the armistice.

Culture news

New 'South Park' episode targets Trump's federal D.C. police takeover

South Park’s Season 27 continues to be one of the most talked-about in recent memory, with its new episode - which aired last night - pulling no punches when it comes to satirising Trump, tech CEOs kowtowing to the US president, and the controversial federal takeover of Washinton D.C.’s police.

New Zealand

New Zealand to buy US helicopters in €1.3bn military spending package

New Zealand’s military spending has trailed that of its larger partners in the Five Eyes intelligence sharing group of countries, which includes the United States, Britain, Canada and Australia.

Economy

Fed official says she won't be 'bullied' by Trump into resigning

US president Donald Trump is seeking to influence central bank policy after repeatedly criticising chair Jerome Powell for not cutting the short-term interest rate.

USA

Texas House approves redrawn maps to benefit Republican party in 2026

The approval came at the urging of US President Donald Trump, who pushed for the extraordinary mid-decade revision of congressional maps to give his party a better chance at holding onto the US House of Representatives in the 2026 midterm elections.

Syria

US-led coalition in Syria captures senior IS group commander

The IS jihadist group broke away from al-Qaeda more than a decade ago and attracted supporters from around the world after it declared a so-called caliphate in 2014 in large parts of Syria and Iraq.

Ukraine

Russian overnight attack injures 14 in Ukraine's Sumy region

The latest Russian attack overnight on Wednesday on Ukraine's Sumy region injured 14, including children. Zelenskyy urged more sanctions and security guarantees to end Russia's ongoing all-out war.

North Korea

Chinese national in US jailed for sending weapons to North Korea

Shenghua Wen, 42, received around $2 million (€1.7 million) from North Korean officials to ship firearms and ammunition from California.

Syria

Syria and Israel hold first direct talks in US-brokered meeting

In US-brokered talks, Syria and Israel discussed restoring a 1974 ceasefire to de-escalate tensions following the fall of Bashar al-Assad's regime.

USA

Trump says US troops won't be sent to help defend Ukraine

Trump said after his meeting in Alaska last week with Russian President Vladimir Putin that Putin was open to the idea of security guarantees for Ukraine.

Europe News

What does the Washington summit on Ukraine mean for the EU?

The European priority was to push for security guarantees for Kyiv to be an integral part of any possible future peace agreement.

Ukraine

Dressed for diplomacy, Zelenskyy's style wins praise in Trump meeting

Ukraine's President Volodymyr Zelenskyy was complimented by US President Donald Trump for his outfit in their Oval Office meeting on Monday.