International Business Times

Flames and smoke billow from buildings during a mass Russian drones and missile strike on the Ukraine's capital

Putin Hits Ukraine With Largest Barrage Of War After Trump Call

Russia launched its largest-ever drone and missile attack on Ukraine overnight on Friday just hours after a telephone call between US and Russian presidents ended without any breakthrough.

Stocks, Dollar Drop As Tariff Talk Dominates
Stock markets mostly fell alongside a retreating dollar Friday as international tensions over tariffs dominated sentiment.
Trump To Sign 'Big, Beautiful' Bill On US Independence Day
US President Donald Trump will sign his flagship tax and spending bill Friday in a pomp-laden Independence Day ceremony featuring fireworks and a flypast by the type of stealth bomber that bombed Iran.
China To Require EU Brandy Exporters To Raise Prices Or Face Tariffs
China will require major European brandy exporters to raise prices or risk anti-dumping taxes of up to 34.9 percent from Saturday, the latest salvo in its long-running trade spat with the bloc.
Trump Wins Major Victory As Flagship Bill Passes Congress
US President Donald Trump on Thursday secured a major political victory when Congress narrowly passed his flagship tax and spending bill, cementing his radical second-term agenda and boosting funds for his anti-immigration drive.
US Trade Deficit Widens In May As Trump Tariffs Fuel Uncertainty
The US trade deficit widened more than expected in May, with both imports and exports declining as US President Donald Trump's tariffs sent shock waves through the economy and snagged supply chains.
Republicans Walked Out Of Trump Meeting With 'Signed' As Vote For 'Big, Beautiful Bill' Approaches Final Hours: Report
In the hours before the House votes on his "Big, Beautiful Bill," Donald Trump reportedly wooed wavering Republicans with autographed merch.
US Hiring Beats Expectations In June Despite Tariff Worries
The US economy added more jobs than expected in June while the unemployment rate edged down, government data showed Thursday, offering signs of continued labor market strength despite worries over President Donald Trump's tariffs.
Europe Must 'Step Up' As US Halts Some Arms To Ukraine, EU Chief Says
Europe must beef up aid to Ukraine following Washington's decision to pause some weapons shipments, EU chief Ursula von der Leyen said Thursday, as Denmark vowed to use its EU presidency to push for Ukraine's EU accession.

As US Stocks Hit Records, Experts See The Dollar Falling Further

While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency experts to warn of greater financial market turmoil ahead.

Economy in Focus

World Bank's IFC Ramps Up Investment Amid Global Uncertainty
While the world economy faces instability from US President Donald Trump's threats of a global trade war, the International Finance Corporation (IFC) is dramatically ramping up its investment activities.
Where Do Trade Talks Stand In The Rush To Avert Higher US Tariffs?
IMF Urges Swiss To Strengthen Bank Resilience

War in Ukraine

US Halting Some Shipments Of Military Aid To Ukraine
The White House said Tuesday it is halting some key weapons shipments to Ukraine that were promised under the Biden administration for Kyiv's battle against the Russian invasion.
Ukraine Hits Russian City Deep Behind Front Line, Leaves Three Dead
Ukrainian drones attacked the Russian city of Izhevsk on Tuesday, killing three people and wounding dozens in one of the deepest strikes inside Russia of the three-year conflict, authorities said.
UK And Ukraine Agree To Deepen Ties As Zelensky Meets Starmer
Seeking to shore up support more than three years into Russia's invasion, Ukrainian President Volodymyr Zelensky met UK Prime Minister Keir Starmer during a surprise visit to London on Monday, cementing a military co-production deal.
Ukraine Says 'Massive' Russian Drone Attack On Kyiv
Ukraine said Monday "another massive attack" on Kyiv by Russian drones was underway, a day after the country's top military commander vowed to increase the "scale and depth" of strikes on Russia.

CBEX Crypto Scam: AI-hyped Ponzi Scheme Defrauds African Investors

Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the crypto-trading platforms preying on investors in Africa.

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Business Lookahead: Jobs, Prices And AI

From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.

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