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US President Donald Trump’s widest-ranging tariffs to date have come into effect – a move that may trigger retaliation and escalate trade tensions, upsetting the global economy. The initial 10 percent “baseline” tariff took effect at United States seaports, airports and customs warehouses at 12:01am ET (04:01am GMT) on Saturday, ushering in Trump’s full rejection of the post-World War II system of mutually agreed tariff rates. Among countries...
The Indian leader is the first foreign dignitary to visit the island nation since the leftist Dissanayake swept elections last year. Indian Prime Minister Narendra Modi is in Sri Lanka to strengthen historical defence and energy ties as Colombo balances ties with its powerful neighbour and biggest lender, China. Sri Lankan President Anura Kumara Dissanayake rolled out the red carpet for Modi and welcomed him with a 19-gun...
The two sides also signed a pact to develop Trincomalee as an energy hub. Another agreement was inked to facilitate New Delhi’s multi-sectoral grant assistance to Sri Lanka’s eastern region.
Russia and Ukraine are poised for talks in Turkiye on Thursday, even though the prospects of President Vladimir Putin and his Ukrainian …
These are the key events on day 1,176 of Russia’s war on Ukraine. Here is where things stand on Thursday, May 15: …
