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Ukrainian President Volodymyr Zelensky has voiced his deep disappointment with the United States' response to a recent missile and drone attack by Russian forces on his hometown of Kryvyi Rih, which claimed the lives of 19 people, including nine children. In an emotional social media post, Zelensky criticized the US for its reluctance to directly name Russia in its statements, describing the American reaction as "unpleasantly surprising" for a nation of such strength. He urged for a more robust condemnation of Russia's actions, stating, "We must not be afraid to call a spade a spade." US Ambassador to Ukraine, Bridget Brink, expressed her horror at the attack, but Zelensky deemed her comments insufficient. Amidst this, Ukrainian forces retaliated with a drone strike on a Russian explosives factory, underscoring Ukraine's resolve to defend itself against ongoing aggression. Meanwhile, UK and French military leaders reaffirmed their commitment to Ukraine's long-term security. 
Published: Apr 05 2025, 9 pmeznews.inLONDON: Prime Minister Keir Starmer is set to declare the end of globalization in a national address on Monday, attributing its failure to meet the needs of millions to the rise of US President Donald Trump's protectionist policies. In light of Trump's recent imposition of significant tariffs, which have sparked a global trade war and market instability, Starmer will acknowledge the appeal of economic nationalism among voters who feel neglected by free trade and immigration. While the UK government disagrees with Trump's measures, officials recognize a shift in global dynamics necessitating a more proactive approach to economic reform. Starmer's speech will coincide with upcoming pro-growth announcements, including regulatory easements for electric vehicle manufacturers and efforts to expedite trade agreements with India and Australia. Additionally, Starmer and French President Emmanuel Macron have emphasized the importance of avoiding a trade war, while discussing international support for Ukraine amidst its conflict with Russia.
Published: Apr 06 2025, 3 pmeznews.inProtests erupted across the United States on Saturday, with over 1,200 "Hands Off!" rallies taking place in all 50 states, marking the largest demonstrations since President Donald Trump returned to office. Among the crowd in Washington, a protester dressed as Pikachu, the beloved Pokémon character, drew attention as demonstrators voiced their opposition to Trump's administration and his adviser Elon Musk, who heads the new Department of Government Efficiency. Protesters raised concerns over sweeping layoffs, cuts to Social Security, and the rollback of protections for marginalized communities. Activists, including Kelley Robinson of the Human Rights Campaign, emphasized the personal nature of these attacks, calling for an America that values dignity and freedom for all. In response to the protests, the White House reiterated Trump's commitment to protecting Social Security, while critics accused the administration of dismantling essential services.
Published: Apr 06 2025, 1 pmeznews.inAs Indian equity markets brace for the implementation of US President Donald Trump's "Liberation Day" tariffs, which impose a 26% duty on Indian exports alongside a 10% baseline tariff, concerns loom over the potential impact, particularly on the electronics, gems, and jewellery sectors. However, experts suggest that the effects may be limited due to India's modest share of global exports, which stood at 2.4% in 2023. While the tariffs could affect only 0.1% of India’s GDP, they may also present opportunities, especially as Indian exporters could benefit from increased competitiveness against nations like China and Vietnam, which face higher tariffs. The Indian government is actively pursuing a Bilateral Trade Agreement with the US and negotiating free trade agreements with seven countries, potentially mitigating tariff impacts. The Federation of Indian Export Organizations anticipates market opportunities exceeding $50 billion for Indian exporters over the next few years, underscoring the resilience and adaptability of India's economy.
Published: Apr 06 2025, 1 pmeznews.inColumbia University has appointed 36 new special patrol officers through the New York Police Department (NYPD), as confirmed by a university spokesperson. This decision follows incidents last spring involving pro-Palestinian protests on campus, where NYPD was called to intervene. The officers, who are Columbia employees and funded by the university, will have the same arrest powers and authority as regular police officers under New York's Peace Officers law. They will undergo 162 hours of state-certified training and are required to report any arrests to the local precinct. The initiative aims to enhance campus safety and reduce reliance on NYPD, amid ongoing tensions surrounding campus protests that have drawn national attention. Columbia's governance bodies have expressed concerns over the transparency of the hiring process, while university officials maintain compliance with all regulations. The new officers will patrol university properties, addressing disruptions more promptly.
Published: Apr 06 2025, 1 pmeznews.inUS President Donald Trump reaffirmed his commitment to extensive tariffs on global imports, warning of potential economic pain for Americans but promising a path to historic investment and prosperity. As tariffs began to take effect, Trump emphasized that the US would no longer be a "whipping post" for unfair trade practices, declaring this period an "economic revolution." However, the move has raised concerns of retaliation, with leaders from the UK and France suggesting that "nothing should be off the table" in response. Trump's tariffs include a 10 percent baseline rate affecting most imports, while a steep 34 percent tariff on Chinese goods is set to begin next week, prompting Beijing to announce reciprocal measures. Economists warn that these tariffs could dampen growth and fuel inflation, leading to significant market declines. The situation mirrors historical trade conflicts, with analysts noting that the average US tariff rate could reach levels not seen since the 1930s.
Published: Apr 06 2025, 2 pmeznews.inA four-level penthouse atop Manhattan's Steinway Tower, the world's skinniest skyscraper, has been listed for sale at $110 million, marking it as the priciest home on the New York City market. Spanning 11,480 square feet across the 80th to 83rd floors, Penthouse 80 offers panoramic views of Central Park and the skyline from one of the tallest residential buildings in the Western Hemisphere. Designed by Studio Sofield, the unit features five bedrooms, six bathrooms, and expansive terraces. The layout includes a grand entry, a primary suite with dual bathrooms, and an entertaining "crown suite" on the top floor. Lead broker Nikki Field from Sotheby's International Realty noted the listing was timed to coincide with a robust luxury market. The penthouse was originally two duplex units combined to cater to the demands of ultra-high-net-worth buyers, reflecting a trend in Manhattan real estate.
Published: Apr 06 2025, 11 ameznews.inThe Canadian Parliament was placed on lockdown Saturday after a man barricaded himself inside the East Block, prompting a significant police response. Ottawa police reported that the individual gained unauthorized access and remained inside overnight before being arrested on Sunday morning. The situation raised concerns over public safety, with police advising citizens to avoid the area and to follow their instructions. An alert from the Parliamentary Protective Service urged those inside the building to seek shelter and lock their doors. Fortunately, there were no reported injuries, and the police confirmed that the incident ended without further complications. A criminal investigation is ongoing, with authorities deploying specialized patrols, including a canine unit and bomb disposal robots. The lockdown occurred against the backdrop of a snap election scheduled for April 28, following Prime Minister Mark Carney's dissolution of Parliament on March 23.
Published: Apr 06 2025, 12 pmeznews.inGlobal stock markets faced significant turmoil following US President Donald Trump's announcement of sweeping tariffs, with the Dow Jones Industrial Average plummeting 2,231 points over two days, prompting fears of a potential market crash reminiscent of the 1987 "Black Monday." CNBC's Jim Cramer warned that without a strategic response from Trump to mitigate the fallout, the situation could worsen, likening it to a bear market scenario. Following the tariffs, the S&P 500 saw $5 trillion wiped from its value, while the Nasdaq confirmed it had entered bear territory, reflecting a broader market correction. In response, China announced a 34% levy on American goods, intensifying fears of a global trade war, while Japan's Prime Minister described the tariffs as creating a "national crisis." Amidst rising concerns, JP Morgan increased its recession probability forecast for the global economy to 60% by year-end, highlighting the precarious economic outlook.
Published: Apr 06 2025, 12 pmeznews.inSri Lanka has released 11 Indian fishermen as a goodwill gesture following discussions between Indian Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake. The fishermen issue, a longstanding point of contention in bilateral relations, was a focal topic during their talks, with Modi advocating for a "humane approach" to resolve the matter. He emphasized the importance of addressing the livelihoods of fishermen from both nations, particularly in the Palk Strait, which separates Tamil Nadu from Sri Lanka. Foreign Secretary Vikram Misri noted that the discussions were extensive, highlighting the need for humanitarian cooperation and the reconsideration of recent actions affecting fishermen. Both countries are also exploring the possibility of convening further talks between their respective fishermen's associations to enhance dialogue and cooperation on this critical issue.
Published: Apr 06 2025, 12 pmeznews.inPrime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake inaugurated key India-backed railway projects in Anuradhapura on Sunday, marking a significant step in bilateral infrastructure cooperation. At a ceremony at Anuradhapura Railway Station, they launched the upgraded Maho-Omanthai line and a new signalling system for the Maho-Anuradhapura segment, both aimed at enhancing safety and connectivity in the northern rail network. The projects, executed by IRCON International Limited, are expected to revitalize a previously deteriorated 128-kilometre stretch. Earlier, the leaders visited the Jaya Sri Maha Bodhi temple, a site of deep cultural significance, where Modi received a 'Raksha Sutra' as a gesture of goodwill. The day also saw Modi awarded the Sri Lanka Mitra Vibhushan, reflecting India’s strong support for Sri Lanka, and the signing of several MoUs to bolster collaboration in various sectors.
Published: Apr 06 2025, 12 pm
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