Trump’s Foreign Aid Cuts Force UN Relief Agency Layoffs
FAMAGUSTA GAZETTE — The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) is laying off 20 percent of its workforce following a $58 million budget shortfall caused by…
Carney and von der Leyen Discuss Economic and Defense Cooperation
FAMAGUSTA GAZETTE – Canadian Prime Minister Mark Carney and European Commission President Ursula von der Leyen have held discussions on economic and defense cooperation, focusing on the challenges posed by…
Hopes of a ‘Brexit benefit’ from tariffs were short-lived. Here’s what Trump’s pause means for the UK
Maha Rafi Atal, University of Glasgow The US has decided – again – to upend the global trading system. With the latest raft of tariffs just beginning to kick in,…
Malta-U.S. Trade Plummets Amid New Tariffs
FAMAGUSTA GAZETTE – Malta’s trade with the United States experienced a dramatic sevenfold decline in the first two months of 2025 compared to the same period last year, according to…
Trump pauses certain “reciprocal” tariffs, markets rebound
U.S. stocks skyrocketed on Wednesday after the U.S. President Donald Trump announced a pause on certain “reciprocal” tariffs, triggering a powerful rebound in a market that had been under intense…
EU Approves Retaliatory Tariffs Against U.S. Over Steel and Aluminum Levies
FAMAGUSTA GAZETTE – European Union member states on Wednesday endorsed the bloc’s first package of retaliatory measures against U.S. tariffs, which the EU has deemed “unjustified and damaging” to both…
US Poll Reveals Divided Opinions on Trump’s Global Tariffs
FAMAGUSTA GAZETTE – A Reuters/Ipsos poll found that 57% of participants oppose global tariffs imposed by U.S. President Donald Trump. Among Republican voters, 73% supported the tariffs, while 24% opposed…
Trump Advocates for Increased Coal Production Amid Global Climate Concerns
FAMAGUSTA GAZETTE – U.S. President Donald Trump announced plans to sign executive orders aimed at revitalizing coal production, a move he claims will protect jobs in the coal industry. Trump…
Financial markets are tanking. Here’s why it’s best not to panic
Luke Hartigan, University of Sydney Financial markets around the world have been slammed by the Trump adminstration’s sweeping tariffs on its trading partners, and China’s swift retaliation. Share markets have…
European Stock Markets Rebound After Monday’s Losses
European stock markets showed signs of recovery Tuesday, reversing steep declines from the previous day. London’s FTSE 100 gained 1.3% at the opening, while Paris’s CAC 40 climbed 1.4%. Frankfurt’s…