Foreign policy
A bare-bones deal is Europe’s best hope in trade talks with the U.S., sources say
The EU and US flags flutter next to the military hub for Ukraine, in Jasionka, south-east Poland on March 6, 2025. Sergei Gapon | Afp | Getty Images The clock is ticking in trade talks between Washington and the European Union, with European officials now saying their best hope is striking a “political” deal before […]
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Pentagon halts weapons shipment to Ukraine amid concerns over U.S. stockpile
Defense Secretary Pete Hegseth has ordered a pause in sending a shipment of missiles and ammunition to Ukraine amid concern about the U.S. military’s stockpiles, according to two defense officials, two congressional officials and two sources with knowledge of the decision. Hegseth ordered the delay weeks after he issued a memo ordering a review of […]
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Germany’s defense industry is booming. Here’s where its weapons are going
Germany’s defense sector is growing as increasing geopolitical tensions have led to a surge in orders. The value of German military exports hit 13.2 billion euros ($15.5 billion) last year, according to preliminary figures — more than double 2020’s 5.82 billion euros . Defense stocks in the country have skyrocketed over the past year as […]
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Trump says he has group of ‘very wealthy people’ ready to buy TikTok
U.S. President Donald Trump announced on April 4 that he would again postpone enforcement of a law banning TikTok unless its Chinese owner ByteDance divests from the platform. Vcg | Visual China Group | Getty Images U.S. President Donald Trump told Fox News in an interview aired on Sunday that he has a group of […]
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Trump shrugs off July tariff deadline: ‘We can do whatever we want’
US President Donald Trump speaks during a news conference in the Brady Briefing Room of the White House on June 27, 2025, in Washington, DC. Andrew Caballero-Reynolds | Afp | Getty Images President Donald Trump said Friday he may not stick to the deadline in early July when massive U.S. tariffs are set to snap […]
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Trump ends all U.S. trade talks with Canada over digital services tax
U.S. President Donald Trump speaks during a meeting with Canadian Prime Minister Mark Carney at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | Reuters President Donald Trump on Friday said the United States is immediately “terminating ALL discussions on Trade with Canada” in response to Ottawa’s decision to impose a […]
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Why fund managers are loading up on defense stocks
Fund managers are getting more bullish on defense stocks, with recent conflicts in the Middle East, the Indian subcontinent as well as NATO allies’ pledges to raise defense spending boosting prospects of the arms industry. The sector has seen robust gains this year and analysts suggest the interest in defense will grow further. The MSCI […]
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How ‘Daddy’ talk and Trump and Rutte’s bromance stole the NATO spotlight
US President Donald Trump (R), German Chancellor Friedrich Merz (L,up), NATO Secretary General Mark Rutte (L) and Greek Prime Minister Kyriakos Mitsotakis (R, up) gather for a family photo before a plenary session of the North Atlantic Treaty Organization (NATO) Heads of State and Government summit in The Hague, on June 25, 2025. Christian Hartmann […]
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CNBC Daily Open: Funny how the S&P 500 is teasing a new high amid uncertainties
Traders work at the New York Stock Exchange on June 25, 2025. NYSE Have we gone back in time? It certainly seems on the markets front. Just look at the S&P 500 and you will think that it’s back in February — before U.S. President Donald Trump’s “reciprocal” tariffs, before the White House’s “One Big […]
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Trump downplays U.S. intelligence report on Iran strikes at NATO presser
President Donald Trump on Wednesday doubled down on his claim that U.S. bomb strikes completely destroyed Iran’s nuclear program, and he bristled at the attention being paid to an initial American intelligence report that suggests otherwise. “It’s been obliterated, totally obliterated,” Trump said of the Iranian nuclear site at Fordo during a news conference, before […]
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