NATO Secretary General Mark Rutte has proposed that alliance members increase defense spending to 3. 5% of GDP. An additional 1.5% will go to broader security-related expenses.
Conservative Catholics are pushing for the election of a Pope who would uphold traditional values and be an ally of the United States. They criticize Francis' liberal policies.
Han Duck-soo intends to run for President of South Korea in the elections on June 3, 2025. The new acting president may be Finance Minister Choi Sang-mok.
China has created a list of goods from the United States that are exempt from tariffs in order to mitigate the trade war. Authorities are privately informing companies about categories of goods that will not be subject to tariffs.
Oil prices continue to decline, heading for their biggest monthly drop in more than three years. The reasons are the trade war and fears about increasing supply.
April 30 is Walpurgis Night with pagan roots, Border Guard Day, International Noise Awareness Day, and other events. The memory of the Holy Apostle James is honored.
Demand for electricity from AI may overload US power grids, increase gas prices and create problems for LNG plants. At the same time, insufficiently updated infrastructure contributes to outages and price volatility in the United States.
The Hungarian Parliament has voted to withdraw the country from the ICC, citing the court's politicization. Minister Szijjártó will send a notification to the UN, and the withdrawal will take effect in one year.
The authorities of Spain and Portugal have restored electricity supply after massive outages. The causes of the failure are being investigated, but there are questions about renewable energy.
Donald Trump said that media polls about his rating are false. According to him, his administration is working "better than ever."
President Trump confirmed a conversation with Defense Secretary Pete Hegseth after the leak of military plans. Trump assured that Hegseth will remain in his position despite the incident.
Brent crude fell to $65. 42 a barrel, WTI to $61.65. Economists fear a recession due to the trade war, Barclays lowered its oil price forecast.
Donald Trump has marked the first 100 days of his second term by introducing tariffs and declaring his desire for peace in Ukraine. The next 100 days will be focused on trade agreements.
Gold prices fell 0. 8% to $3314.65 an ounce on Tuesday, amid easing trade tensions. Investors are awaiting data from the US to assess Federal Reserve policy.
In Spain, 99. 16% of the power supply has been restored. The cause of the massive outage may have been the disappearance of 15 gigawatts of electricity from the grid, which is being investigated.
Cairo talks on a ceasefire in Gaza on the verge of a major breakthrough. There is consensus on a long-term ceasefire, but contentious issues remain.
A state of emergency has been declared in Spain due to a nationwide power outage. An emergency government meeting is addressing the situation, with millions of people without electricity.
Toyota is considering buying back a $28 billion parts supplier. This could lead to the largest jump in Toyota Industries shares since 1984.
In the Vatican, cardinals will secretly gather on May 7 to elect a new Pope. About 135 cardinals will participate in the conclave.
Oil prices rose due to US-China trade talks and a possible increase in OPEC+ supply. Brent rose to $67.08, WTI to $63.26 per barrel.
30-year-old Kai-Ji Adam Lo is accused of running over a crowd in an SUV. 11 people died, including children, dozens were injured, authorities are investigating motives.
India Responds to Shelling from Pakistan, Intensifying Search for Militants After Terrorist Attack. Both Countries Terminate Agreements Amid Escalating Tensions.
Iran announced the repulse of a large-scale cyberattack on its infrastructure. This happened after an explosion in the country's largest port and the breakdown of negotiations with the United States regarding the nuclear program.
Donald Trump's approval rating among Americans has fallen. Most do not support his initiatives, 55% of respondents do not approve of his activities at all.
The Trump administration is preparing to report on its first 100 days. Plans include trade deals, peace talks and changes to immigration policy. Critics point to rights violations and alienation of allies.
A powerful explosion and fire occurred in the Iranian port of Shahid-Rajai, the likely cause of which is chemical materials. 14 people died, more than 750 were injured.
During the funeral of Pope Francis in Rome, there will be large-scale security measures. Three thousand law enforcement officers will patrol the streets, and drones and snipers will monitor from the air.
UN food and refugee agencies are planning cuts due to falling funding, especially from the US. Donor aid will be reduced by 40% in 2025.
The impact of US tariffs on the Ukrainian economy will be insignificant due to small exports. However, some exporters will be able to redirect supplies to other markets.
Cardinals must decide whether to allow Angelo Becciu, convicted of embezzlement, to vote in the conclave. Becciu, who was dismissed and accused by Francis, believes he has the right to vote.
