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Tag: United States

India seeks to keep US trade talks on track despite tariff hike
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India seeks to keep US trade talks on track despite tariff hike

India hopes to press ahead with trade negotiations with the United States despite Washington’s decision to double tariffs on its exports to 50% in response to New Delhi’s continued purchase of sanctioned Russian oil, two lawmakers said on Monday. The foreign affairs parliamentary panel was briefed on the matter by the foreign secretary after U.S. […]

US tariff could last beyond Trump era - JPMorgan report
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US tariff could last beyond Trump era – JPMorgan report

The effective tariff rate on United States imports is expected to remain close to 22%, with little likelihood of easing on duties tied to national security, according to a new report released Wednesday by JPMorgan Chase’s Center for Geopolitics. The report indicates that tariffs are now viewed across the U.S. political spectrum as essential to […]

News

US slams Nigeria governors over lavish spending amid worsening poverty

The United States has condemned the extravagant spending habits of some Nigerian state governors, citing concerns over growing economic hardship across the country. The criticism follows reports that several governors are allocating billions of naira to luxury projects and new government buildings, even as poverty deepens and essential public services decline. In a statement shared […]

US passport slips to 10th in global power rankings
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US passport slips to 10th in global power rankings

The United States passport has fallen to its lowest-ever position in the 20-year history of the Henley Passport Index, now ranking 10th in the world. Once the world’s most powerful passport in 2014, the U.S. now trails behind 33 other countries when tied scores are taken into account. The index, compiled quarterly by London-based firm […]

US lawmakers question tech giants over submarine cable security
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US lawmakers question tech giants over submarine cable security

Three Republican members of the United States House of Representatives have raised concerns over national security risks linked to global submarine communication cables, urging tech giants to disclose their roles and safeguards regarding the infrastructure. In a letter sent Monday, the lawmakers asked the CEOs of Alphabet, Meta (Facebook’s parent company), Amazon, and Microsoft whether […]

US senate approves $9bn cuts to foreign aid
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US senate approves $9bn cuts to foreign aid

The United States Senate has approved a controversial $9 billion spending cut package proposed by President Donald Trump, targeting foreign aid and public media funding. The vote, which passed narrowly at 51-48 early Thursday morning, reflects growing Republican momentum behind deep budget reductions inspired by the now-defunct Department of Government Efficiency, formerly led by Elon […]

JAPA: Overstay your visa, face permanent ban, US warns Nigerians
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JAPA: Overstay your visa, face permanent ban, US warns Nigerians

The United States government has issued a stern warning to foreign nationals, including Nigerians, cautioning that overstaying a U.S. visa could lead to deportation and a permanent ban from re-entering the country. In a statement made available to the press on Monday by the United States mission in Nigeria, U.S. immigration authorities reiterated their longstanding […]

Aviation

UK airport shuts indefinitely as plane crash sparks fireball

Southend Airport in the United Kingdom has been shut down indefinitely after a small aircraft crashed on Sunday afternoon, triggering a massive fireball. Footage shared online captured intense flames and thick black smoke billowing from the scene. Essex Police said officers were called shortly before 4pm following reports of a collision involving a 12-metre plane. […]

Shares rises as US lifts export ban on chip design software
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Shares rises as US lifts export ban on chip design software

Shares of United States chip design giants Synopsys and Cadence Design Systems surged on Thursday after the U.S. government lifted recent export restrictions on advanced semiconductor software to China, providing relief to the Electronic Design Automation industry and easing tensions in the ongoing tech trade dispute. Synopsys shares rose 6.7% in pre-market trading, while Cadence […]

US-Nigeria bilateral trade hit nearly $13bn in 2024 – US Ambassador
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US-Nigeria bilateral trade hit nearly $13bn in 2024 – US Ambassador

Trade between the United States and Nigeria has surged to nearly $13 billion in 2024, marking a significant milestone in economic relations between the two nations. The announcement was made by the U.S. Ambassador to Nigeria, Richard M. Mills Jr., during a business forum hosted by Lagos Business School. Speaking at the event themed “Towards […]

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