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A man walks past a clothing store in Beijing. REUTERS/Maxim Shemetov
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- The Trump administration imposed new tariffs of 10% and 12.5% on goods from 60 trading partners, including Europe and China, over allegations of lax enforcement of forced labor bans, just as a temporary 10% global tariff expired.
- Here's how countries reacted.
- On today's Reuters World News podcast, Trade and Global Economy Correspondent David Lawder explains why the new levies may be more durable than previous tariff regimes.
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- President Donald Trump promised "major military punishment" for Iran and its Houthi allies after the Yemeni fighters struck two Saudi oil tankers in the Red Sea.
- Iran flew Islamic Revolutionary Guard Corps commanders, military advisers and missile- and drone-related equipment into Yemen this month, in a move that suggests Tehran is seeking to strengthen the ability of the Houthis to threaten Red Sea shipping.
- Trump made a civilian nuclear cooperation deal with Saudi Arabia conditional on Riyadh normalizing relations with Israel, an action the kingdom has so far refused to take.
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- French authorities ordered the total evacuation of the Cap Ferret peninsula on the Atlantic Coast, sending boats to remove people from an area threatened by a major wildfire. Spain declared a national emergency over wildfires near Madrid and in Avila.
- British Prime Minister Andy Burnham will open a new government base in Manchester dubbed 'No10 North' in a nod to his 10 Downing Street office in London, as he seeks to shift economic decision-making away from the capital.
- Argentine President Javier Milei flies to Brazil to throw his weight behind Senator Flavio Bolsonaro's presidential run, hoping to extend a regional wave of right-wing electoral wins to Latin America's biggest country.
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- World stocks were headed for a weekly loss as a near-40% rise in oil prices this month ignited inflation fears and expectations for rate hikes around the globe.
- US threats to sanction Chinese AI developers over alleged intellectual property theft and export-control violations risk unraveling efforts to establish a bilateral dialogue on AI safety.
- Intel forecast quarterly profit and revenue above estimates, pushing its shares up 5.2% in after-hours trade and helping prompt the company to boost spending plans over the next two years.
- Volkswagen no longer expects revenue to grow this year, after the German carmaker dropped its previous forecast, setting the stage for a radical overhaul in response to costly tariffs and intensifying competition from China.
- A rapid rise in jet fuel prices is forcing US airlines to rewrite earnings expectations, exposing how quickly higher fuel costs can outpace revenue gains from strong travel demand.
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- As war escalation in the Middle East puts oil prices back to $100, investors now have two energy shipping chokepoints to watch.
- The Federal Reserve is widely expected to hold rates steady on Wednesday in its second meeting under new chair Kevin Warsh.
- The Bank of England has so far resisted the urge from some policymakers to hike rates. It's likely to do so again on Thursday.
- The Bank of Japan meets on Friday, with much riding on policymakers to deliver a hawkish message that could haul the yen away from a four-decade low against the dollar.
- Earnings reports from Apple, Microsoft and Amazon are due. It's also Europe's busiest week of this earnings season, with a line-up including LVMH, AstraZeneca, Shell, Airbus and UBS.
- Here's all you need to know about the coming week in financial markets.
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How Abhijeet Dipke became the face of India's first Gen Z protest movement |
Abhijeet Dipke, head of the Cockroach Janta Party, gestures to supporters during a sit-in protest in New Delhi. REUTERS/Anushree Fadnavis
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They were just six words posted on X in a moment of frustration: "What if all cockroaches come together?"
Now, the post's 30-year-old author is the face of what is arguably India's biggest street protest against Prime Minister Narendra Modi's government since he took office in 2014.
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Larry the cat walks next to a dead mouse outside 10 Downing Street, on the day of the first cabinet meeting with new British Prime Minister Andy Burnham. REUTERS/Chris J Ratcliffe
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A selection of our top photography from around the world this week.
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