President Trump says he is focused on stopping the “death march” in Ukraine “as soon as possible.”But for President Vladimir V. Putin of Russia, cease-fire talks with Mr. Trump are a means to much broader ends.Russian and American officials are set to meet in Saudi Arabia on Monday to deepen their negotiations about technical details of a partial cease-fire to halt attacks on energy facilities and on ships in the Black Sea. While Ukraine says it’s ready for a full truce, Mr. Putin has made it clear that he will seek a wide range of concessions first.The upshot: The Kremlin…
Author: usaeverydaylife
British Airways crew members arrive at terminal 5 at Heathrow on March 21, 2025 in London, England. Peter Nicholls | Getty ImagesLondon’s Heathrow Airport resumed full operations on Saturday and ordered a probe into how it dealt with a power outage that shut Europe’s busiest air hub for almost a day as airlines warned of further delays and cancellations. British Airways, whose main hub is Heathrow, said it had operated around 90% of its schedule on Saturday and promised a “near-full” schedule for Sunday after chief executive Sean Doyle on Friday warned the “huge impact” would last days.The airport, the world’s…
Filming an elevated overpass in Shanghai evening on a high-rise buildingGuowei Ying | Moment | Getty ImagesAsia-Pacific markets are mostly higher Monday as U.S. President Donald Trump’s April 2 tariff deadline looms.Australia’s S&P/ASX 200 slipped 0.07%.South Korea’s Kospi was up 0.13%, while the small-cap Kosdaq added 0.74% after South Korea’s Prime Minister Han Duck-soo’s impeachment was struck down by the country’s Constitutional Court.Japan’s Nikkei 225 rose 0.14% while the Topix slipped 0.24%.Hong Kong’s Hang Seng Index was up 0.10% and mainland China’s CSI 300 traded flat after China’s Premier Li Qiang cautioned “rising instability” and called for countries to open…
Prime Minister Han Duck-soo of South Korea was restored to office as acting president on Monday, after the country’s Constitutional Court overturned his impeachment by the National Assembly.Mr. Han had served as South Korea’s acting president after the Assembly impeached President Yoon Suk Yeol on Dec. 14, suspending Mr. Yoon from office in connection with his failed attempt to place his country under martial law. Mr. Han had served as acting president for fewer than two weeks when the Assembly impeached him as well on Dec. 27, adding to the political uncertainty in South Korea, a key ally of the…
Han Duck-soo, South Korea’s prime minister and acting president, speaks during a news conference after lawmakers passed a motion to impeach South Korean President Yoon Suk Yeol in Seoul, South Korea, on Dec. 14, 2024.Bloomberg | Bloomberg | Getty ImagesSouth Korea’s Prime Minister Han Duck-soo’s impeachment was struck down by the country’s Constitutional Court on Monday, local media reported.The ruling is expected to pave the way for Han to become acting president, taking the post from finance minister and current acting president Choi Sang-mok.The prime minister was impeached by the opposition Democratic Party in December, after he reportedly refused to…
A cargo ship full of shipping containers is seen at the port of Oakland, as trade tensions escalate over U.S. tariffs, in Oakland, California, U.S., March 6, 2025. Carlos Barria | Reuters “Flexibility” connotes openness to change. U.S. President Donald Trump expressed Friday the possibility of being flexible with tariffs, which may have helped stocks tick up, pushing the three key U.S. benchmarks into the green for the week.But, in its suggestion of adapting to circumstances, “flexibility” also signals uncertainty, something anathema to the market. Trump’s comments must also be taken into context. He qualified that “there’ll be flexibility, but basically…
At the battle-scarred presidential palace in the heart of Sudan’s shattered capital, soldiers gathered under a chandelier on Sunday afternoon, rifles and rocket launchers slung over their shoulders, listening to their orders.Then they trooped out, down a red carpet that once welcomed foreign dignitaries, and into the deserted center of the city on a mission to flush out the last pockets of resistance from the paramilitary fighters with whom they have been clashing for two years.Since Sudan’s military captured the presidential palace on Friday, in a fierce battle that left hundreds dead, it has taken control of most of central…
U.S. flags hang on the building of the New York Stock Exchange (NYSE), after U.S. President-elect Donald Trump won the presidential election, in New York City, U.S., November 6, 2024. Andrew Kelly | ReutersStock futures were higher on Sunday, as investors try to glean whether equities can extend recent gains into a fresh trading week.Futures tied to the Dow Jones Industrial Average advanced 182 points, or 0.4%. S&P 500 futures added 0.5%, while Nasdaq 100 futures were 0.6% higher.Stocks are coming off of a much-needed winning week. The S&P 500 finished in the green on Friday and avoided four-straight weekly losses.However,…
US President Donald Trump, alongside Secretary of Treasury Scott Bessent (L) and Secretary of Commerce nominee Howard Lutnick (R), signs an executive order to create a US sovereign wealth fund, in the Oval Office of the White House on February 3, 2025, in Washington, DC.Jim Watson | Afp | Getty ImagesWhat happens when irrational exuberance, groupthink, and wishful thinking begin to cloud narrative, dominate the rhetoric, and shape decision-making? Nowhere has this been more evident than in the weeks following Donald Trump’s 2024 re-election, when many on Wall Street embraced the idea that tax cuts, deregulation, and Trump’s focus on…
Fiber-cement maker James Hardie Industries said on Monday it will acquire outdoor products manufacturer AZEK in a cash and stock transaction valued at $8.75 billion, in what could potentially be Australia’s largest deal to date in 2025.Under the deal, AZEK shareholders are set to receive $26.45 in cash and 1.0340 ordinary shares of James Hardie to be listed on the New York Stock Exchange for each AZEK share, bringing the total per share value to $56.88 per share, representing a 37.4% premium to AZEK’s last close on Friday.Upon completion of the transaction, James Hardie and AZEK shareholders are expected to…
