Global

Stock markets and the dollar have tumbled after US President Donald Trump's latest worldwide tariffs caused a trade war that many fear will spark recession and ramp up inflation. The dollar slumped by as much as 2.6 percent versus the euro, its biggest intraday plunge in a decade. European Commission President Ursula von der Leyen said the EU was "preparing for further countermeasures" but she emphasised it was "not too late to address concerns through negotiations". China announced on Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10 as a retaliatory measure.

US President Donald Trump lashed out at the leaders of both warring parties in Russia's invasion of Ukraine, expressing frustration as efforts to kick-start ceasefire talks remain deadlocked. Trump is trying to broker a ceasefire between Ukraine and its Russian invader, and has been pushing Zelensky to sign an agreement to give US firms exclusive access to Ukrainian rare earth minerals.

Russia and Ukraine agreed Tuesday to halt military strikes in the Black Sea and on energy sites during talks brokered by the United States, which offered as a first concrete incentive to Moscow to ease pressure on agricultural exports. With President Donald Trump pushing for a rapid end to the war that has killed tens of thousands of people, US negotiators shuttled separately over three days in the Saudi capital Riyadh between delegations from Ukraine and Russia.

A US journalist was inadvertently included in a group chat in which Defense Secretary Pete Hegseth, Vice President JD Vance and other top officials discussed upcoming strikes against Yemen's Huthi rebels, the White House confirmed Monday. President Donald Trump announced the strikes on March 15, but in a shocking security breach, The Atlantic magazine's editor-in-chief Jeffrey Goldberg wrote that he had hours of advance notice via the group chat on Signal.

The evolving dynamics of Russia-USA relations have sent shockwaves through the post-Soviet space, with the South Caucasus emerging as a critical region to observe the fallout. Recent negotiations between the United States and Russia, particularly those aimed at resolving the war in Ukraine, have exposed fault lines in international diplomacy that carry profound lessons for Armenia, Azerbaijan, and Georgia. The implications of this “rapprochement” are starkly illustrated by Ukraine’s experience, Azerbaijan’s strategic foresight, and Armenia’s persistent miscalculations in relying on external powers for security.

The Defence White Paper, published in Brussels on 19 March by the European Commission and the EU High Representative for Foreign Affairs and Security Policy, entitled “Joint White Paper for European Defence Readiness 2030” was a welcome, major contribution, to the debate on European Defence and Security. Unlike similar epistles coming out of Brussels, who one often wonders are written for whom, and by whom, the Defence White Paper is informative, candid and containing well-argued steps going forward. It gives the reader a good sense of the urgency of the situation and sets out clearly a set of steps aimed at addressing the urgency in a timely manner.

Hamas said it fired rockets at Israeli commercial hub Tel Aviv on Thursday in its first military response to the growing civilian death toll from Israel's resumption of air and ground operations in Gaza. Israel said it had closed off the territory's main north-south route as troops expanded the ground operations they resumed on Wednesday. Gaza's civil defence agency said 504 people had been killed so far in the Israeli assault, including more than 190 children. The armed wing of Hamas, the Ezzedine al-Qassam Brigades, said it fired rockets at Tel Aviv in response to Israel's "massacres" of Gaza civilians.

Donald Trump and Vladimir Putin agreed Tuesday on a halt in Russian attacks against Ukrainian energy targets but fell far short of securing a full ceasefire in a highly anticipated phone call. The US and Russian leaders spoke for more than an hour and a half and both expressed hopes for repairing relations between the countries. However, there was no agreement from the Russian president for Washington's proposed full 30-day ceasefire in Russia's invasion of its pro-Western neighbour.

The U.S. and Israel have approached officials of three East African governments to discuss using their territories as potential destinations for resettling Palestinians uprooted from the Gaza Strip under President Donald Trump’s proposed postwar plan, American and Israeli officials told The Associated Press. The contacts with Sudan, Somalia and the breakaway region of Somalia known as Somaliland reflect the determination by the U.S. and Israel to press ahead with a plan that has been widely condemned and raised serious legal and moral issues, according to the exclusive report.