Volodymyr Zelenskiy, Keir Starmer and Emmanuel Macron during a summit at Lancaster House in central London, March 2, 2025. JUSTIN TALLIS/Pool via REUTERS |
- US Commerce Secretary Howard Lutnick said that tariffs on Canada and Mexico will go into effect on Tuesday, but that President Donald Trump will determine whether to stick with the planned 25% level.
- Canadian Prime Minister Justin Trudeau said his priority in talks with King Charles will be protecting his country's sovereignty after the US President recently suggested making Canada the 51st US state.
- Israeli fire killed at least two people in Rafah and injured three others in Khan Younis in the south of Gaza, raising fear among Palestinians that the ceasefire could collapse altogether after Israel imposed a total blockade on the shattered enclave.
- A senior official with the US Agency for International Development in an email warned that the Trump administration's dismantling of the agency will result in unnecessary deaths — only to email his staff less than 30 minutes later to say that he had been placed on leave.
- Congolese soldiers in a mix of fatigues and street clothes crowded into a chapel last week to stand trial for crimes including rape and murder allegedly committed as they fled in the face of a lightning rebel advance.
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- Big Food's worst nightmare is unfolding across US supermarket aisles. Shoppers, weary of high prices and highly-processed packaged food, are increasingly buying from smaller food brands
- Trump on social media announced the names of five digital assets he expects to include in a new US strategic reserve of cryptocurrencies, spiking the market value of each.
- The global ocean shipping industry that handles 80% of world trade is navigating a sea of unknowns as Trump stokes trade and geopolitical tensions with historical foes as well as neighbors and allies.
- Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company's advanced production techniques.
- Frank McCourt announced that Alexis Ohanian, the co-founder of Reddit and a venture capitalist, has joined his bid to acquire TikTok's US operations as a strategic adviser specializing in social media.
- Honda has decided to produce its next-generation Civic hybrid in the US state of Indiana, instead of Mexico, to avoid potential tariffs on one of its top-selling car models, according to three people familiar with the matter.
- Are you clutching your mug of coffee this Monday morning? Maybe, tighten that grip because your cup of Joe is about to get more expensive. Hear why on the latest episode of Reuters Econ World.
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Ebbing demand for China's favorite firewater adds to debt concerns |
A couple poses for pictures in front of a tourist attraction of an oversized bottle of Moutai, Guizhou province, China, December 30, 2024. REUTERS/Casey Hall |
In the Chinese village of Maotai, the local firewater named after the town is not only a key source of income, it's a barometer of the country's battered consumer market and the economic misfortunes of its home province. In the weeks before Lunar New Year, tourists traditionally flock to the town, nestled in the mountains of the southwestern province of Guizhou, to buy the baijiu, or white spirit, as gifts - this year, those crowds were notably smaller. |
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Mikey Madison, Adrien Brody, Zoe Saldana and Kieran Culkin pose with their Oscars, March 2, 2025. REUTERS/Daniel Cole |
"Anora," the story of a New York sex worker who gets a chance at a new life when she marries a wealthy Russian client on a whim, won five Academy Awards including the coveted best picture Oscar. |
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