It is also the first time the target has been lowered since it was cut to “around 5%” in 2023.
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Trade court orders tariff refunds in setback for Trump administration
A trade court has cleared the way for businesses to receive refunds for tariffs that the Supreme Court struck down…
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Spain’s Pedro Sánchez hits back at Trump threat to sever trade saying ‘no to war’
Spain’s prime minister delivers a strong rebuttal to US President Donald Trump’s threat to end trade with his country.
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Iran postpones Khamenei funeral as US-Israeli bombardment continues
An official says more preparations are needed for the three-day ceremony in Tehran, where the supreme leader will lie in…
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US sub sinks Iranian warship in Indian Ocean, Hegseth says
Sri Lanka’s navy says around 140 people are feared missing after a military vessel went down off its southern coast.
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First US soldiers to die in Iran conflict are identified
Four of the six – ranging in age from 20 to 42 – have been named after the drone strike…
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European allies rush to bolster Cyprus defences after drones target British base
The Cypriot government suspects the Iran-backed group Hezbollah in Lebanon targeted the UK’s RAF Akrotiri base in Cyprus.
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Gas and oil prices soar and shares tumble on fears conflict could escalate
Markets react as the conflict in the Middle East intensifies and concerns grow over how long it will last.
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Trump threatens to halt trade with Spain over military base access
Trump lashed out after Spain barred the US from using its military bases to carry out strikes on Iran.
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Battered and isolated, Hezbollah drags Lebanon into another war
Its attack on Israel in support of Iran has led to fresh mass displacements and Israeli bombing, to the fury…
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