Author: Press Room

A 21-year-old man was arrested on Tuesday in connection with three fires, including one at a north London house that is owned by Britain’s prime minister, Keir Starmer.London’s Metropolitan Police said in a statement that a 21-year-old man had been arrested in the early hours of Tuesday on suspicion of arson with intent to endanger life. The man remains in custody.On Monday, counterterrorism police officers took over investigations into the fire. It broke out earlier that day outside the four-bedroom home where Mr. Starmer lived until he won last year’s general election and moved into the prime minister’s official residence,…

The Trump administration is ending a program that offered deportation protections for thousands of people from Afghanistan.The Department of Homeland Security said Monday it will wind down Temporary Protected Status for Afghans on July 12. The TPS program allows migrants to get work permits and temporary reprieve from deportation if the U.S. government determines it is unsafe for them to return to their home countries due to war, natural disaster or some other issues.Over 8,000 Afghans were approved for TPS as of last year, according to federal statistics. TPS was last extended for Afghanistan in 2023, and it was set…

President Trump arrived on Tuesday morning in Saudi Arabia, his first stop on a four-day tour through the Gulf, the first major overseas trip of his second term.He stepped off Air Force One into at the Royal Terminal, a special section for V.I.P.s at King Khalid International Airport in Riyadh, the Saudi capital. Mr. Trump was greeted by Crown Prince Mohammed bin Salman, the kingdom’s de facto ruler, on a lavender-colored carpet unfurled across the tarmac. An honor guard was in place.Prince Mohammed’s presence signified the special status that Mr. Trump enjoys with Saudi Arabia. When President Biden visited in…

The app icons for Revolut and Monzo displayed on a smartphone.Betty Laura Zapata | Bloomberg via Getty ImagesFinancial technology firms were initially the biggest losers of interest rate hikes by global central banks in 2022, which led to tumbling valuations.With time though, this change in the interest rate environment steadily boosted profits for fintechs. This is because higher rates boost what’s called net interest income — or the difference between the rates charged for loans and the interest paid out to savers.In 2024, several fintechs — including Robinhood, Revolut and Monzo — saw a boost to their bottom lines as…

Reach Resources has punched out another 5,800 ounces of shallow gold at its Murchison South project near Paynes Find. The new resource at the company’s Pansy Pit was confirmed by independent consultant Mining Plus and adds to the 61,300 ounces already banked at the Blue Heaven deposit at the project. The combined 67,000 ounces now make a compelling case for toll treating and early cashflows for Reach.The Murchison South gold project is near Paynes Find, about 340km northeast of Perth.The Pansy pit within the project contains 72,000 tonnes at a solid 2.5g/t gold for 5800 ounces of gold, while the…

HONG KONG: The United States will cut the low value “de minimis” tariff on China shipments to 54 per cent from 120 per cent, modifying an earlier order imposed by Washington, a White House executive order said on Monday (May 12). The tariff cut will start on Wednesday, with a flat fee of US$100 remaining.  The move comes several hours after Beijing and Washington announced a truce in their trade war, with both sides agreeing to unwind most of the tariffs imposed on each other’s goods since early April. The de minimis exemption previously allowed items valued at up to US$800…

“Trump’s acceptance of Afrikaners as refugees into the United States is an assault across many fronts.”Loren Landau, a professor at Oxford University, explains the message the US Trump administration is trying to send to the world by granting some white South Africans refugee status. The first group of 49 people is set to land in Texas on May 12.

Hasan Piker, a popular Turkish American online streamer, said he was stopped and questioned for hours about his political beliefs by U.S. Customs and Border Protection after flying back to the United States from overseas on Sunday.Mr. Piker, 33, said in a live broadcast on Monday that he was asked about his job, his beliefs on Gaza and President Trump and other topics he discusses on his livestreams while being held for two hours at an airport in Chicago.Mr. Piker, who was born in the United States, said he was passing through Global Entry, a U.S. Customs and Border Protection…

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Western Australian grain and livestock producers are set to reap the rewards of a new forage crop developed in the State’s south.The new multipurpose triticale variety was designed for sheep and cattle producers across medium and low rainfall environments looking to maximise their stockfeed options on challenging soils.Dyna-Trit 1143 was locally developed by the Department of Primary Industries and Regional Development in collaboration with international corporation, Florida Foundation Seed Producers.Field trials were held during several seasons at Merredin, Wongan Hills, Manjimup and DPIRD’s Katanning Research Station.The new variety does not have awns — the bristle-like growth in the triticale head…