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Marchand, McIntosh rampant as US end turbulent worlds with record
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Olympic champ Finke slams 'stupid' criticism of US world swim team
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Bangladesh protest victim gives evidence at ex-PM trial
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McIntosh wins fourth Singapore gold with 400m medley title
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Siraj strikes for India as England's Brook rides his luck in Oval thriller
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Rovanpera delights home crowd with Rally of Finland victory
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Tunisia's Jaouadi pushes through pain for second world gold
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Australia's beaming Harris foils Walsh treble bid at swimming worlds
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Pope's 'Jubilee of Youth' ends with mass for 1 million pilgrims
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Pope's 'Jubilee of Youth' ends with Rome mass for 1 million pilgrims
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Israel PM says in 'profound shock' over hostage videos
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Pope's 'Jubilee of Youth' closes with huge Rome mass
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Citroen 2CV lovers gather in Slovenia to take the slow road
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Assange joins pro-Palestinian protest on Sydney Harbour Bridge
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All Blacks scrum-half Roigard out of Argentina Tests
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'Struggling' Marchand targets second gold at swimming worlds
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Last-ball hero Holder lifts West Indies over Pakistan in T20
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Chaos, gangs, gunfire: Gaza aid fails to reach most needy
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Top seed Zverev, defending champ Popyrin book ATP Toronto quarter-final
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Filmmakers try to cash in on India-Pakistan battle
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Rain suspends MLB Speedway Classic until Sunday
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Lions' Sheehan cited for foul play in third Wallabies Test
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Farrell content despite Australia denying Lions whitewash
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Messi exits early with injury in Miami's Leagues Cup win
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OPEC+ slated to increase oil output in bid to regain market share
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Peace offering? Donald Trump's Nobel obsession
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Canadian teen Mboko stuns top-seeded Gauff in Montreal
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Messi exits with injury in 11th minute of Leagues Cup match
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Trans non-binary runner Hiltz slams 'slippery slope' gene tests
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McLaughlin-Levrone, Russell book World Championship berths at US trials
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Rybakina outlasts Yastremska to reach WTA Montreal quarter-finals
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Young seizes five-stroke lead at PGA Wyndham Championship
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Rescuers recover body of trapped worker at Chile copper mine
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Patrick Star and 'Drag Queen' crab: underwater robot live stream captivates Argentines
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McLaughlin-Levrone wins 400m to seal World Championship berth
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Khachanov downs Ruud to book ATP Toronto clash with Michelsen
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Young Catholics give rock star welcome to Pope Leo at vigil
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Yamashita's lead in Women's British Open cut to one shot
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Jaiswal confident India can spoil England bid for series-winning chase
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Rovanpera survives puncture to close in on home win in Finland Rally
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Siraj strikes after Jaiswal helps India set England daunting target
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Doncic inks three-year $165 mln Lakers extension
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Hamilton feeling 'useless' after Hungarian GP qualifying flop
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Elation as pope arrives by helicopter to open-air youth vigil in Rome
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McLaren blown away by changing wind as Leclerc lands pole for Ferrari
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Home hero Ferrand-Prevot in epic climb to Tour de France lead
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Leclerc ends Ferrari barren run with stunning pole ahead of McLarens
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Ferrari's Leclerc on pole for Hungarian GP
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Jaiswal's hundred leaves England needing Oval-record chase to beat India
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At open-air Church party, many thousands of young Catholics eagerly await pope
RBGPF | 0% | 74.94 | $ | |
CMSC | 0.09% | 22.87 | $ | |
BCC | -0.55% | 83.35 | $ | |
JRI | -0.23% | 13.1 | $ | |
CMSD | 0.34% | 23.35 | $ | |
RIO | -0.2% | 59.65 | $ | |
SCU | 0% | 12.72 | $ | |
SCS | -1.47% | 10.18 | $ | |
NGG | 1.99% | 71.82 | $ | |
RELX | -0.58% | 51.59 | $ | |
RYCEF | 0.07% | 14.19 | $ | |
BCE | 1.02% | 23.57 | $ | |
VOD | 1.37% | 10.96 | $ | |
GSK | 1.09% | 37.56 | $ | |
AZN | 1.16% | 73.95 | $ | |
BTI | 1.23% | 54.35 | $ | |
BP | -1.26% | 31.75 | $ |
Trump’s Tariffs Spark Global Fear
Donald Trump’s announcement on 2 April of sweeping tariffs—10 per cent on all imports, 20 per cent on the European Union, and 34 per cent on China—has sent shockwaves through global markets, igniting fears of a new Great Recession. Described by Trump as an “economic liberation” during a White House address, the policy aims to slash the US trade deficit, which stood at $773 billion in 2024. Yet, the fallout has been immediate and severe: Wall Street plummeted 5.97 per cent on 4 April, losing $6 trillion in two days, its worst drop since the pandemic, while the FTSE 100 fell 2.5 per cent.
China retaliated with matching 34 per cent tariffs on US goods, and the EU, led by France and Germany, is poised to target American tech giants in response. The International Monetary Fund has warned of a “major risk” to global growth, with JP Morgan raising the odds of a US recession in 2025 to 60 per cent. Oil prices dropped 10 per cent in a week, and copper fell 6 per cent, reflecting widespread panic over a looming downturn. In the UK, the Treasury fears a £5 billion hit to exports to the US, a critical market. Trump remains defiant, insisting on Truth Social that “America will thrive,” but economists question whether his gamble will save the US or plunge the world into crisis.

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