Author: Press Room

Zimbabwean President Emmerson Mnangagwa is facing what experts say is the biggest threat to his rule yet as a succession battle erupts ahead of general elections scheduled for 2028. Recent manoeuvrings by the president and his supporters to extend his rule to 2030 have led to calls and protests from within his party for the president to step down or be forced to do so. The upheavals have seen the dismissal of top security officials, a move experts say Mnangagwa is taking to avoid being overthrown in a coup. The president has long faced criticism from Zimbabweans, but dissent within…

In a move that could upend American foreign relations across the globe, President Trump announced Wednesday that he is instituting what he described as “reciprocal tariffs” on dozens of U.S. trading partners. Beginning April 5, all imports to the U.S. will be subject to a baseline tariff of 10%. Then, starting April 9, about 90 countries that, according to the Trump administration currently impose import taxes on U.S. goods, will also be hit by an additional reciprocal tax.For example, imports from Egypt, the U.K., Ecuador and the United Arab Emirates will be slapped with a 10% reciprocal tariff, while goods…

An American Airlines flight from New York City to Tokyo was forced to turn around over the Pacific Ocean on Monday night before flying back to Dallas-Fort Worth, Texas after experiencing a “maintenance issue.”American Airlines Flight 167 took off from John F. Kennedy International Airport (JFK) in New York at about 11 a.m. on Monday and was expected to land at Tokyo’s Haneda Airport (HND) in Japan at about 2 p.m. the next day.Flight Aware data shows that the aircraft had crossed the U.S. and was over the Pacific Ocean when nearly seven hours into the flight, it turned around…

Premier Roger Cook says WA exporters have learnt to be nimble and agile when it comes to the global economy.

SINGAPORE: Aggressive behaviour in the South China Sea, global scam operations and the new United States leadership are the top three geopolitical concerns of Southeast Asian governments this year, according to thought leaders in the region polled by a Singapore research institute. With President Donald Trump inaugurated for a second term on Jan 20, new US leadership shot up on the list of geopolitical concerns in the 2025 edition of The State of Southeast Asia survey by ISEAS-Yusof Ishak Institute released on Thursday (Apr 3). Cited by 46.9 per cent of respondents, it saw a surge from last year when…

To find Cinderella stories at this men’s Final Four, you have to look at the name on the back of the jersey rather than the front.For the second time in the history of the NCAA Tournament’s modern-day bracketing practices, all four top seeds advanced to the national semifinals. It will be No. 1 Florida vs. No. 1 Auburn and No. 1 Houston vs. No. 1 Duke on Saturday in the national semifinals, a perfect ending to a most chalky March Madness. Only one double-digit seed reached the Sweet 16, and all of the teams in the regional semifinals were from…

Prime Minister Benjamin Netanyahu of Israel on Thursday began a visit to Hungary, confident that Europe’s self-declared bastion of “illiberal democracy” would ignore an arrest warrant issued against him in November by the International Criminal Court.The visit is Mr. Netanyahu’s first to a country that has recognized the jurisdiction of the court, raising the possibility, at least in theory, that he could be arrested. He visited Washington to discuss the future of Gaza with President Trump in February but the United States, like Israel, has never recognized the international court.In Hungary, the government of Prime Minister Viktor Orban has made…

President Trump’s announcement of sweeping universal and so-called reciprocal tariffs on countries around the world drew a swift rebuke on Wednesday from business groups, trade experts, Democratic lawmakers and many economists who warned that they would raise prices for American consumers and slow economic growth.“This is catastrophic for American families,” said Matt Priest, president and chief executive of the Footwear Distributors and Retailers of America. “We had hoped the president would take a more targeted approach, but these broad tariffs will only drive up costs, reduce product quality and weaken consumer confidence.”Other reactions were more muted, and some positive, saying…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BP will today announce production has started on a new gasfield in Trinidad, the second major project in the past two months, as it tries to boost its oil and gas production to calm the nerves of frustrated investors. The UK-listed energy major pledged at the end of February to pivot back to its core oil and gas business and slash its spending on renewable energy in a bid to revive its faltering share price. It also promised investors it would bring…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Deloitte has asked a US judge to throw out demands that it compensate shareholders who lost money in the collapse of one of the country’s largest nuclear power projects, in a case that has exposed the inner workings of the Big Four audit firm.Recently filed documents detail Deloitte’s work auditing the South Carolina utility Scana before the company abandoned construction of two nuclear reactors that had fallen far behind schedule and billions of dollars over budget.The 2017 fiasco led to the cut-price…