Author: psdk

US President Donald Trump has introduced a new global tariff set at ten percent. The tariff took effect after the Supreme Court blocked many of his earlier import taxes on Friday. Trump signed an executive order just hours after the ruling to impose the levy from 24 February. He later threatened to raise the tariff to fifteen percent but has not issued an official directive to increase the rate. The White House has not confirmed whether the higher rate will take effect. Emergency Powers and Market Uncertainty The administration applies the levy under Section 122 of the 1974 Trade Act.…

Big Tech faces a historic legal battle. A major trial over social media addiction has begun and could transform the technology industry. Meta CEO Mark Zuckerberg testified before a jury for the first time over claims that social media harms young people. His testimony came more than four years after leaked internal documents suggested the company knew its platforms could cause harm. Internal documents presented in a Los Angeles courtroom appeared to confirm long-standing concerns. Meta knew preteens used its apps. The company aimed to maximize scrolling time. It also ignored expert advice on safety, though Meta said the documents…

The European Union faces mounting criticism after a report revealed massive subsidies for foods that worsen the climate. Experts urge the EU to adopt a Plant-Based Action Plan to promote sustainable diets and help farmers transition from meat and dairy. Red meat and other high-emission foods receive disproportionate EU subsidies, raising concerns over misuse of taxpayer money. Charity Foodrise published a report showing that in 2020, the EU’s common agricultural policy (CAP) allocated far more funding to animal-based foods than to plant-based options. Animal-sourced foods received roughly 77 percent of total CAP subsidies, totaling €39 billion of the €51 billion…

The US Supreme Court ruled that President Donald Trump exceeded his authority when he imposed sweeping global tariffs last year.The court decided by six votes to three that Trump could not use a 1977 emergency law to tax imports from nearly every country.The judges said only Congress can create new taxes under the Constitution. The ruling left open whether consumers and companies could receive refunds for the estimated $130bn generated by the tariffs.The court did not address refunds, and further legal disputes are expected.Hours after the decision, Trump signed a proclamation under a different law to impose a new 10%…

US researchers say a single nasal spray vaccine could protect against coughs, colds and flu. The vaccine could also prevent bacterial lung infections and may even reduce allergies. Scientists at Stanford University tested the universal vaccine in animals and still need human clinical trials. They describe the approach as a radical break from more than 200 years of vaccine development. Experts called the findings exciting but emphasized that the research remains at an early stage. Conventional Vaccines Protect Against Only One Infection Current vaccines train the immune system to fight a single infection. A measles vaccine protects against measles, and…

US President Donald Trump delivered his latest ultimatum to Iran on Thursday during a Board of Peace meeting. He formed this Middle East coalition to stabilise the region. He could soon pull that region into a new war. The clash between calls for peace and threats of military action exposes the contradictions in Trump’s second-term foreign policy. The standoff between Washington and Tehran highlights this tension most clearly. The escalation could trigger the largest US air campaign in years. Trump said he prefers diplomacy and wants a deal to end Iran’s nuclear weapons programme. A White House official said Iran…

Mark Zuckerberg appeared in court on Wednesday and defended Meta against claims it targeted children and teenagers. Lawyers presented internal documents that suggested the company prioritised younger users. Zuckerberg said the lawyers mischaracterised internal communications. This was his first appearance before a jury after years of criticism of Meta, which owns Instagram, Facebook, and WhatsApp. YouTube is also a defendant, and the trial could shape thousands of similar lawsuits. TikTok and Snapchat settled shortly before the trial, and they did not disclose settlement terms. Meta said it protects young users and blocks accounts for people under 13. Lead plaintiff lawyer…

“Life is becoming more expensive,” says Alexander, an advertising specialist from Moscow who works for a large corporation. His monthly food budget jumped by more than 22% in one month, rising from 35,000 roubles to 43,000 roubles. Russia’s economy now wavers between stagnation and decline, and citizens feel the financial weight of the war in Ukraine as it approaches its fourth year. Alexander noticed price increases for almost all essential goods in supermarkets, including eggs, chicken fillets, and seasonal vegetables. Journalists changed all names in this report to protect sources. Even his daily Americano on the way to work surged…

US President Donald Trump said he will be indirectly involved in talks between Iran and the United States starting later Tuesday in Geneva. He spoke to reporters aboard Air Force One and said he believes Iran wants to reach a deal on its nuclear programme. The second round of talks in Switzerland follows repeated US military threats against Iran over its deadly crackdown on anti-government protests and the ongoing dispute over its nuclear programme. On Monday, Iran’s foreign ministry said it believes the US position has shifted toward a more realistic stance. Iran Focuses on Sanctions Relief While US Pushes…

Big Tech companies are escalating artificial intelligence investment at an unprecedented pace. They plan to spend over 700 billion dollars in 2026, roughly 590 billion euros, a 75 percent increase from 2025. Several firms released earnings reports and outlined their 2026 spending plans. Analysts confirmed these projections and emphasised their strategic significance. Wall Street is focused on the combined capital expenditure figure. More than 700 billion dollars will flow into AI infrastructure this year, surpassing Sweden’s nominal GDP for 2025, according to IMF estimates. Global chip sales are projected to reach one trillion dollars for the first time this year.…