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US court orders White House to restore access for AP journalists
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Germany’s Merz seals government deal bringing end to months of stalemate
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Trump’s tariffs are a huge blow to Vietnam’s economic ambitions
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India cuts rates as Trump’s tariffs put growth at risk
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US court orders White House to restore access for AP journalists
A US judge has ordered the Trump administration to restore the Associated Press’s access to presidential events after the White House blocked the news agency in a dispute over the term “Gulf of America”. District Judge Trevor McFadden on Tuesday said the administration’s restriction on AP journalists was “contrary to the First Amendment”, which guarantees…
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Germany’s Merz seals government deal bringing end to months of stalemate
Germany’s conservatives under Friedrich Merz have reached a deal with the Social Democrats to govern Europe’s biggest economy, five months after the previous government collapsed. Merz, 69, said their agreement sent “a strong and clear signal” to Germans and the EU that Germany “will get a strong government capable of action”. The two sides have…
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Trump’s tariffs are a huge blow to Vietnam’s economic ambitions
US President Donald Trump’s sweeping tariffs targeting most of the world are now in effect – and outside China, no other region has been hit as hard as South East Asia. Near the top of the list are Vietnam and Cambodia which have been hit by some of the highest tariffs: 46% and 49%. Further…
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India cuts rates as Trump’s tariffs put growth at risk
India’s central bank has cut interest rates by 0.25% amid a spate of downgrades to growth following Donald Trump’s tariff announcements. The Reserve Bank of India (RBI) reduced repo rates from 6.25% to 6%, a second cut since February when rates were brought down after nearly five years. The repo rate is the level at which…
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Israel carries out air strikes on Gaza after Hamas fires rockets
Israel has carried out fresh air strikes on Gaza, with the Hamas-run health ministry saying on Monday morning that at least 56 Palestinians had been killed over the previous 24 hours. Israeli Prime Minister Benjamin Netanyahu had ordered a “strong response” after Hamas fired 10 rockets into Israel on Sunday. It’s the heaviest barrage for…
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Acting IRS commissioner resigning after agency reaches data-sharing deal with immigration authoritie
Acting Internal Revenue Service Commissioner Melanie Krause informed her staff Tuesday she is leaving the agency amid internal chaos and the exodus of several senior IRS officials, according to two current IRS employees and one former IRS employee. Krause’s decision to accept the agency’s deferred resignation offer comes on the heels of the IRS and Department of Homeland Security…