Hello. The Trump administration revoked Harvard's ability to enroll international students, and is forcing current students to transfer to other schools or lose their legal status. The US president's attack targets a key revenue for universities. Elsewhere, we are covering floods in Australia, a G7 meeting in Canada and efforts to rescue workers trapped in a gold mine in South Africa.
But first, a programing note: our Weekend Briefing is taking a break tomorrow. The Daily Briefing is back on Monday. |
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- Homeland Security Secretary Kristi Noem ordered the department to terminate Harvard's Student and Exchange Visitor Program certification effective for the 2025-2026 school year. The move rippled throughout higher education, because it aims at a major source of revenue for hundreds of schools across the US.
- Immigration Reporter Ted Hesson tells the Reuters World News podcast how Donald Trump's latest salvo against Harvard links two key issues: culture wars and immigration policy. Listen now.
- A Chicago-born man arrested as the lone suspect in the fatal shooting of two Israeli embassy employees in Washington was charged in federal court with two counts of first-degree murder. Israeli Prime Minister Benjamin Netanyahu branded the killings as "a despicable act of hatred, of antisemitism."
- Netanyahu also accused the leaders of France, Britain and Canada of wanting to help Hamas after they threatened to take "concrete action" if Israel did not stop its latest offensive in Gaza.
- Iranian and US negotiators will resume talks in Rome to resolve a decades-long dispute over Iran's nuclear ambitions, despite Tehran's supreme leader warning that clinching a new deal might be insurmountable amid clashing red lines.
- South Africa's Sibanye Stillwater said that efforts were under way to rescue 289 mine workers trapped underground at one of its shafts. The workers were safe and gathered at an assembly point in the underground gold mine, located around 60 km west of Johannesburg, it said.
- The body of a man was found in a car trapped in floodwaters in Australia's southeast, raising the death toll to four, after three days of incessant rain cut off entire towns, swept away livestock and destroyed homes.
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G7 finance ministers and central bank governors in Banff, Canada. REUTERS/Todd Korol |
- Finance ministers and central bank governors from the Group of Seven democracies papered over their differences, pledging to tackle "excessive imbalances" in the global economy and saying they could increase sanctions on Russia.
- Major Russian exporters have cut the planned volume of commodities like metal and oil products they send by rail, a Russian Railways document seen by Reuters showed, the latest sign of subdued demand as the country's war economy slows.
- Global investors admit to flying blind in markets roiled by erratic US trade rhetoric and chaotic economic forecasting, stressing that placing long-term bets was harder now than at any time since the 2020 COVID-19 crisis. Watch our daily rundown on markets.
- The German economy grew significantly more in the first quarter than previously estimated due to export and industry frontloading ahead of US tariffs, according to a new estimate published today.
- Japan's new agriculture minister pledged to move rice from government stockpiles to store shelves where they would be offered at prices significantly lower than current levels, seeking to stem a consumer shift to cheaper, foreign brands. His predecessor was forced to resign following a gaffe over rice.
- Nvidia CEO Jensen Huang flew out of Taipei after a week reveling in the adoration of Taiwan's tech industry, and delivering a subtle but crucial message from the US AI chip king on how it plans to keep its crown. And speaking of the company...
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- Results from Nvidia are due on Wednesday and round out the Q1 US reporting season.
- Australia's inflation data on Wednesday will be closely watched after the central bank cut rates in May and signaled an openness to additional easing.
- New Zealand's central bank is expected to trim the cash rate by another quarter point the same day.
- On Thursday, the Bank of Korea looks ready to cut amid concerns about growing economic headwinds.
- The Fed's targeted inflation metric, Personal Consumption Expenditures, for April, due on Friday, could paint a clearer picture of the impact US tariffs are having.
- And here's what else investors will be watching next week.
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A Mexican ship is seen damaged after it ran into the Brooklyn Bridge in New York. REUTERS/Santiago Lyon |
From the Mexican Navy training ship that struck the Brooklyn Bridge to a tense White House meeting between Trump and Ramaphosa, we bring you a selection of our top photography this week. |
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Charli XCX was named songwriter of the year in recognition of her hit album "Brat." REUTERS/Toby Melville |
Singers Charli XCX, Robbie Williams, Myles Smith and rapper Berwyn triumphed at the Ivors, Britain's annual awards for songwriters and screen composers, with Irish rockers U2 adding to their honors with a fellowship. |
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