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Trump's Global Tariff Breakdown: Full Country-By-Country Rate List Four months after President Trump stunned the world and rattled global markets by unveiling "Liberation Day" tariff rates, his latest revisions (read here), announced Thursday, and set to go into effect in a week, sparked fresh global equity futures selling early Friday morning. With an average tariff rate of 15%, the world now faces the highest US levies since the Great Depression days of the 1930s, and these rates are roughly six times higher than one year ago and will

Standard Chartered Sees Higher Long-Term Oil Prices As Shale Costs Rise Oil prices are set to trend higher in the coming years, according to Standard Chartered, as the economics of U.S. shale have shifted significantly, according to OilPrice.com. While crude has hovered near $70/bbl — close to the 20-year average of $73.38 — StanChart notes that breakeven costs in the shale patch have climbed sharply. “The average breakeven price for Permian producers is now edging back to

Berlin's Special Visa Program For Syrians, Afghans, & Iraqis Scrapped After Federal Intervention Authored by Thomas Brooke via Remix News, Berlin’s special state-level migration program that allowed Syrians, Afghans, and Iraqis to privately sponsor relatives has come to an abrupt end following a federal order by Interior Minister Alexander Dobrindt.

Zelensky Says He Discussed New 'Large-Scale' Arms Deal With Trump Ukrainian President Volodymyr Zelensky in a Wednesday night address said Kiev is on the brink of another major arms agreement with the US. He described he presented President Donald Trump with Ukraine's "main principles" for future weapons deals, but without specifying whether Trump has agreed to the terms. "Today, I also agreed on the main principles of our agreements with America, Ukraine – the United States, on arms," Zelensky stated. "Large-scale agreements, I talked about them with President Trump, and I very, very much hope that we will be able to implement all of this. This will definitely strengthen

US Imposes Sweeping New Sanctions On Iranian Shipping Network Via The Cradle The US Treasury Department has announced new sanctions targeting the global shipping interests reportedly controlled by Mohammad Hossein Shamkhani, son of senior Iranian official Ali Shamkhani, in what it described as the most significant Iran-related action since 2018. The sanctions aim to dismantle what Treasury officials called a "vast network" used to sell Iranian and Russian oil through container ships and tankers o

Spain Beats Germany, Tops EU, In Asylum Requests Amid Shift In Migrant Patterns Germany is no longer the EU’s top destination for asylum seekers, as applications from Syrians plummet following the fall of Bashar al-Assad in December, according to an unpublished EU Agency for Asylum (EUAA) report seen by the Financial Times. The report says the bloc’s asylum system is undergoing a “significant shift,” with May 2025 seeing 64,000 applications — nearly 25% fewer than the same month in 2024, according to the Financial Times. The drop was driven by an “extremely abrupt” fall in Syrian claims, from about 16,000 in Octo

Germany's Fiscal Free Fall: Record Debt, Recession, And Welfare Crisis Submitted by Thomas Kolbe  Germany’s 2026 federal budget is set. The cabinet has reached an agreement on the framework, with only parliamentary approval pending—a mere formality. With a record deficit and no credible path to fiscal consolidation, Germany is lurching toward a debt crisis. On Wednesday, the federal cabinet greenlit the 2026 budget. Core expenditures are projected at €520.5 billion, €174.3 billion of which must be financed through new debt. This includes €89.9 billion in traditional borrowing and an additional €84.4 billion categorized as “special funds” directe

These Are The Biggest Wartime Buyers Of Russian Fossil Fuels China followed by India have been the two biggest wartime buyers of Russian fossil fuels, here defined as any oil, coal or gas purchased after Jan. 1, 2023.

Calls Grow For Nationwide Islamic Education In German Schools Authored by Thomas Brooke via Remix News, Germany’s Association for Education and Training (VBE) has called for the introduction of comprehensive Islamic religious education in schools across the country, arguing that Muslim students should be offered the same opportunities as their Christian peers. “We are committed to ensuring that all believers can talk about their faith within schools and receive relevant information about their religion and other religions,” said VBE Federal Chairman Gerhard Brand in comments to the 

T-Day Arrives: Trump Raises Tariff On Dozens Of Countries, With Minimum Rate Of 10% Almost 4 months after Liberation Day sparked a global market crash, moments ago T-Day finally arrived... and barely anyone noticed.