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2025-05-02 21:11:11| The Economic Times

Donald Trump's administration plans significant federal budget changes. The proposal includes a $163 billion cut, impacting education and housing. Defence and border security spending will increase. Non-defence discretionary spending faces a 23% reduction. The budget aims to fulfil Trump's promises on border security. Tax cuts extension could add $5 trillion to the national debt. Democrats criticise the cuts as severe.

Category: News and Media
 

2025-05-02 21:06:02| The Economic Times

China is considering trade talks with the U.S. after observing signals from Washington expressing a willingness to negotiate tariffs. This development follows increased tariffs by the U.S. and subsequent retaliation from China, potentially signaling a shift in the economic stalemate.

Category: News and Media
 

2025-05-02 20:57:41| The Economic Times

The United Nations is contemplating a significant restructuring, potentially merging numerous agencies into four main departments amid funding challenges exacerbated by US aid cuts. This overhaul could consolidate humanitarian operations, integrating entities like the World Food Programme and WHO.

Category: News and Media
 

2025-05-02 20:53:00| The Economic Times

South Korea faces political turmoil as it prepares for a presidential election amidst uncertainty. Former President Yoon Suk Yeol's impeachment and subsequent leadership changes have destabilized the nation. Key candidates, including Lee Jae-myung and Han Duck-soo, face legal challenges and party negotiations, further complicating the path to stability and raising concerns about the future of South Korean governance.

Category: News and Media
 

2025-05-02 20:48:55| The Economic Times

Prince Harry wants to reconcile with his family. He spoke about this in a BBC interview. Harry is concerned about his father, King Charles's health. He is unaware of his father's prognosis. A legal battle over Harry's security in Britain continues. Harry hopes to resolve the conflict with his family. He acknowledged his book caused division.

Category: News and Media
 

2025-05-02 20:42:47| The Economic Times

In Stuttgart, Germany, a car struck a crowd near the Olgaeck tram station. Eight individuals sustained injuries, with three in serious condition. Police have detained the driver. Authorities state there is no indication of an intentional act. The incident occurred around 6 p.m. local time. The area was blocked off as investigation continues. Police advised public to avoid the area.

Category: News and Media
 

2025-05-02 19:56:10| The Economic Times

Pakistan asserted its entitlement to request a UN Security Council meeting amidst escalating tensions with India following the Pahalgam terror attack. Ambassador Asim Iftikhar Ahmad emphasized the situation's threat to regional peace, highlighting discussions with Security Council members and the potential for a meeting to address the evolving crisis.

Category: News and Media
 

2025-05-02 19:41:13| BBC News | Business | World Edition

The firm previously said there was "no evidence that customer data was compromised".

Category: News and Media
 

2025-05-02 17:27:47| Chicago Tribune news - Business

Seventeen high school students were taken to the hospital Friday morning after a school bus and SUV collided in the Mount Greenwood neighborhood, according to Chicago police.

Category: News and Media
 

2025-05-02 17:14:57| The Economic Times

The United States has ended a tariff exemption for Chinese goods under $800, impacting e-commerce giants like Shein and Temu. This move, justified by the White House as countering opioid flows, imposes tariffs up to 145% and is part of an escalating trade conflict between the US and China.

Category: News and Media
 

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