WASHINGTON POST
Asian shares drop after US selloff, treasuries dip
Asian stock markets saw a decline following Wall Street's losses. Concerns about the United States' deficit impacted investor sentiment. Treasury yields rose, particularly for long-term debt. Weak demand at a bond auction heightened worries about US borrowing. This development dampened the recent recovery in risk assets. The market is reacting to deficit concerns and budget debates.
Interim trade deal with US likely by July 8; India for full exemption from 26% additional tariff
India and the US are aiming to finalize an interim trade agreement before July 8, seeking to eliminate additional tariffs on Indian goods. India is requesting concessions for its labor-intensive sectors like textiles and leather, while the US seeks duty reductions on industrial and agricultural products.
Gerry Connolly, a fiery Democrat and fixture of Virginia politics, dies after battling cancer: Key points
Democratic Rep. Gerry Connolly of Virginia died on Wednesday morning, according to a statement from his family. He was 75. Last month, Connolly announced that he would not seek reelection and would soon step down from his leadership position on the powerful House Oversight Committee. He died following a fight with esophageal cancer, his family revealed.
Social media roasts JD Vance after painfully awkward meeting with Pope Leo goes viral and raises eyebrows worldwide
A short video of Vice President JD Vance meeting Pope Leo went viral online. People felt the Pope seemed distant during the meeting, sparking reactions and memes on social media.
Is Lauren Boebert in a romantic relationship with Kid Rock? Rumors fly after she was seen cozying up with the rockstar at his Rock N Rodeo event
Lauren Boebert and Kid Rock have once again ignited dating rumors after a cozy appearance at his Rock N Rodeo event, fueling speculation about their relationship. This isn't the first time they've sparked such rumors, with past sightings adding to the intrigue.
Did Donald Trump lie about Qatar gifting him a jet? Reports say he approached the Gulf nation to acquire a Boeing 747 that could be used for Air Force One
Donald Trump's claim of Qatar gifting him a Boeing 747 has sparked controversy, contradicting reports that his administration initiated talks to purchase or lease the aircraft for use as Air Force One. While Trump touted it as a 'gift,' sources indicate the Pentagon contacted Qatar after Boeing couldn't deliver new presidential planes promptly.
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India, US discuss expediting conclusion of first phase of trade pact
Commerce and Industry Minister Piyush Goyal met with US Commerce Secretary Howard Lutnick in Washington to accelerate negotiations for the initial phase of the India-US Bilateral Trade Agreement. Discussions aim to finalize the first phase by fall, focusing on market access and non-tariff barriers.
How Biden cancer diagnosis could have gone undetected
Joe Biden's diagnosis with an aggressive form of prostate cancer has spurred some prominent conservatives to accuse the former president of a cover-that screening limitations could very well have left his condition undetected until now. "It is not unusual for a man to be diagnosed with metastatic prostate disease despite normal annual screening," he told AFP. "This is part of the limitations of prostate screening." bmc/mgs/dw
Donald Trump rubs it in: After allocating a whopping amount of money for his birthday parade, he is now selling tickets to VIPs for the event; here are the details
Donald Trump plans a grand military parade on his birthday, with tanks and jets, while offering VIP access to donors. Critics say it’s too costly.
Donald Trump's Qatari gift jet may require a military escort wherever it goes and may not be allowed to fly abroad; here are the reasons
Qatar gave Donald Trump a Boeing 747-8, but it’s not safe like Air Force One. Experts say it needs big upgrades, and using it early could be risky or need military protection.
Company replaces 700 employees with AI, two years later, it's rehiring humans as AI falls short
Klarna, the buy-now-pay-later firm, will increase human hires after AI customer service fell short of expectations. Despite cost savings from AI automation, CEO Sebastian Siemiatkowski admitted the quality wasn't up to par. This shift reverses earlier workforce reductions driven by AI adoption, mirroring similar trends at companies like CrowdStrike, Duolingo, and Microsoft.
US-China deal is a lesson for the global South
Under President Trump, US foreign policy prioritised transactional deals over values, a shift with significant implications for the Global South.
IPL 2025 DC vs GT Key Players: From KL Rahul to Axar Patel, check full list and more
Delhi Capitals and Gujarat Titans are set for a crucial IPL 2025 clash. Key matchups include KL Rahul vs. Rashid Khan and Buttler against Starc and Natarajan. DC aims to regroup, relying on Axar Patel and Tristan Stubbs, while GT, led by Shubman Gill and Jos Buttler, looks to maintain their winning streak with Rashid Khan's spin prowess.
Are 73-year-old Bill Belichick and 24-year-old Jordon Hudson on the verge of breaking up after his disastrous CBS interview? Here's what reports say
Bill Belichick and Jordon Hudson are making headlines after an awkward interview, with rumors of a breakup and questions about their past.
7,000 soldiers, 100 vehicles: Huge cost of massive military parade that coincides with Trump's birthday revealed
President Donald Trump is planning to celebrate his 79th birthday and the Army’s 250th anniversary in one huge celebration—all on the dime of US tax payers. The event is expected to feature more than 100 vehicles, 50 helicopters including M1 Abrams tanks, Stryker and Bradley fighting vehicles, and artillery units like Howitzers.
From soldiers sleeping in D.C. offices to tanks and cannons, here's a play-by-play account of how Donald Trump's birthday parade will unfold next month
Washington, D.C. will host a grand military parade on June 14. The event marks the US Army's 250th anniversary and Donald Trump's birthday. The parade will showcase tanks, warplanes, and 7,500 soldiers. Troops will be housed in government buildings. The parade route is on Constitution Avenue. Trump will oversee enlistments. Fireworks will conclude the celebration at dusk.
That was a 'big success', level of anger between India and Pakistan was not a good thing: US President Trump
Donald Trump has repeatedly claimed that his administration brokered a ceasefire between India and Pakistan, calling it a "big success." He stated the level of anger between the two nations was not a good thing. Despite India's stance that the Kashmir issue is bilateral and no third party was involved, Trump offered to work with both countries for a solution.
Hundreds of Voice of America contractors face mass job losses in Trump's latest crackdown
Hundreds of Voice of America contractors may lose their jobs. This follows administrative leave for full-time employees. The Trump administration is dismantling the US Agency for Global Media. Around 1,300 staffers were placed on leave after an executive order. Some terminated journalists may face danger in their home countries. The US government claims VOA has a left-leaning bias.
Microsoft second round of layoffs: From AI director to coders, who have been hit the hardest? Check details
Microsoft layoffs: Microsoft has announced significant layoffs, letting go of approximately 6,000 employees, which accounts for nearly 3% of its global workforce. The layoffs have impacted disproportionately affected software engineers, with over 40% of Washington state cuts hitting coding professionals. Microsoft said the layoffs are part of its efforts to stay competitive and agile as it rapidly integrates AI into its products and services.
'Every master piece has its cheap copy!': After PM Modi’s Adampur tour, Shehbaz’s Sialkot trip triggers meme storm
In an apparent attempt to mirror Prime Minister Narendra Modi’s morale-boosting visit to Adampur airbase, Pakistani Prime Minister Shehbaz Sharif toured the bombed-out Pasrur cantonment. However, his visit, framed under a dramatic “victory” narrative, drew widespread online ridicule. While Modi addressed IAF personnel alongside active jets, Sharif delivered his speech from atop a tank in a barren field. Netizens mocked the visuals, labelling him a “copycat” and questioning the authenticity of his claims following India's Operation Sindoor airstrikes.
Not just Turkiye and Azerbaijan, it seems
Some Indians are cancelling trips to Turkiye and Azerbaijan due to their support for Pakistan. Others refuse to visit the US, citing its long history of supporting Pakistan through aid and weaponry, despite its anti-India stance and close ties with China. This decision reflects a deep-seated disapproval of US foreign policy and its perceived favoritism towards Pakistan.
Trade war against China backfired? Trump admin scraps tough China tariffs when told they’d mostly hurt his own people, White House quickly pulls back
President Trump's administration scaled back high tariffs on China after advisors, including Susie Wiles and Scott Bessent, cautioned that the economic burden disproportionately affected his core supporters. This intervention led to US-China talks in Geneva, resulting in a 90-day tariff standstill. The US agreed to lower tariffs to 30%, and China to 10%, aiming for a comprehensive trade deal.
With Trump in Middle East, Tulsi Gabbard's old post blasting US President over 'America First' re-surfaces
Tulsi Gabbard's old tweet has re-surfaced amid Donald Trump's Middle East tour. The tweet criticized Trump's ties with Saudi Arabia. Gabbard is a now a key Trump ally and the head of US intelligence. She also criticized his stance on Jamal Khashoggi's murder. Gabbard later supported Trump's impeachment inquiry. Later on, she endorsed Trump.
Donald Trump’s $400 million Qatari gift jet can’t fly high as Air Force One just yet, retrofitting report says it’s grounded until after 2028; here are the reasons
A $400 million luxury Boeing, gifted to Donald Trump by Qatar, faces significant hurdles before becoming Air Force One. Retrofitting the aircraft with military-grade communication systems and security features will cost billions and take years. Experts deem it impossible to complete the upgrades before January 2028, raising questions about the true cost of this "free" gift.
Trump says he's still open to attending talks on Ukraine, unsure about Putin
Donald Trump is thinking about going to Turkey for talks on the Ukraine war. These talks are planned for Thursday. He is unsure if Vladimir Putin will also attend. Marco Rubio will be at the Istanbul talks. Volodymyr Zelenskiy will only attend if Putin is there. The Kremlin will send a delegation to Istanbul.
Will Donald Trump be an easy target if he uses Qatar’s $400 million gift jet as Air Force One? Here's the problem with the Boeing 747
Donald Trump received a luxurious double-decker jet from the Qatari royal family, potentially as an alternative to Air Force One. Security experts have raised concerns, stating the plane lacks necessary security and communication features. Retrofitting the aircraft to meet US standards would be a massive, unfunded undertaking, potentially requiring a complete rebuild and costing billions.
WaPo turmoil deepens: Jeff Bezos appointed CEO Will Lewis vanishes from newsroom, staff cite concerns over his absence and alleged drinking habits
The Washington Post faces internal turmoil. Employees express concern over CEO Will Lewis's absence. Reports suggest issues with his leadership style. This has led to low morale and staff departures. Jeff Bezos's involvement seems limited. Lewis's relationship with Executive Editor Matt Murray is strained. Controversial decisions have alienated staff. The situation raises questions about the Post's future direction.
Trump might not be able to use gifted $400 million luxury Qatar jet for Air Force One
US President Donald Trump has defended the White House plan to receive a luxury jumbo jet from Qatar to be used as America's Air Force One presidential plane. Trump said Qatar is giving him a 'gift'. But officials have pointed out that retrofitting the 13-year-old aircraft to meet current Air Force One standards is not an easy task.
Secret tunnel unearthed under US Capitol by Congressman Tim Moore. Here’s what it leads to…
Congressman Tim Moore shared a video showing a hidden tunnel beneath the US Capitol. Located in the Lincoln Room, the tunnel dates back to the 1700s and may have been used by British troops during the War of 1812. The tunnel leads outside the building and holds historical significance.
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