International

In an important change in policy, President Donald Trump of the United States has authorized directives to broaden the exclusions for tariffs that were recently placed on Canadian and Mexican products. This move represents a major reversal from actions that had raised concerns among industries and financial markets. The exclusions, impacting crucial areas of commerce between the U.S. and its top two trading allies, have been issued mere days after the tariffs came into effect.The declaration comes in the wake of several modifications to Trump’s trade strategies. Earlier in the week, he temporarily excluded auto manufacturers from a 25% import…

On March 2nd, 2025, tensions in the Gaza Strip escalated dramatically following the Israeli government's decision to halt the entry of humanitarian aid into the Palestinian territory. This action occurred after Hamas declined a proposal to prolong the initial phase of the ceasefire, which has sparked international concern and worsened the humanitarian crisis in the area.​El 2 de marzo de 2025, las tensiones en la Franja de Gaza se intensificaron significativamente tras la decisión del gobierno israelí de suspender la entrada de ayuda humanitaria al territorio palestino. Esta medida se produjo después de que Hamás rechazara una propuesta para extender…

Ukraine and US Unable to Conclude Rare Earth Minerals DealThis past Friday, Ukrainian President Volodymyr Zelensky and US President Donald Trump convened in Washington with the intention of signing a deal that would allow the US to tap into Ukraine’s rare earth mineral resources. Nevertheless, the session deviated from its intended purpose and concluded with a tense discussion involving Zelensky, Trump, and Vice President JD Vance. After Zelensky’s premature exit, the White House issued a statement confirming that the agreement remained unsigned.Zelensky had earlier conveyed hope that this "initial" agreement might lead to enhanced collaboration. Yet, he acknowledged that Ukraine…

European stock markets traded lower on Monday in the last full trading session of 2024, as investors braced for a quiet end to the year. The pan-European Stoxx 600 index fell 0.5% in early afternoon trading in London, with most sectors posting losses. Technology, industrial and media stocks led the declines, while oil and gas stocks managed to post gains. Trading volumes remained light as markets across the region prepared to close early or remain closed until January 2 for the New Year holiday. Despite Monday's modest performance, European stocks are on track to end the year with moderate gains.…

Cars traveling through Manhattan will face new tolls starting just after midnight on January 5, 2025, as New York City implements the nation's first congestion pricing plan. However, the plan continues to face legal challenges, particularly from the state of New Jersey, which argues that the program could lead to environmental damage and economic consequences beyond the river. Key details on congestion pricing Under the congestion pricing system, motorists entering Manhattan below 60th Street will pay: Peak times (weekdays 5am-9pm, weekends 9am-9pm): $9 Off-peak hours: $2.25 (a 75% discount) The Metropolitan Transportation Authority (MTA) expects a 10% reduction in cars…