President Donald Trump has signed a Proclamation reducing import duty to 10% on steel, aluminum, and copper for foreign companies that heavily utilize American metals. Under the new U.S. trade policy, foreign products qualify for this reduced, preferential tariff rate if they contain at least 85 percent U.S.-melted/poured steel or smelted/cast aluminum and copper by weight. This preferential 10
After weeks of intense negotiations, Denmark's acting prime minister Mette Frederiksen has announced that her Social Democratic Party has reached a consensus on forming a center-left coalition government. Frederiksen told reporters after meeting King Frederik X that she would present the new cabinet on Wednesday under her third term as prime minister. Frederiksen had resigned after the ruling So
Fueled by unusually warm ocean waters in the tropical Pacific, El Niño conditions are developing and are set to influence global temperature and rainfall patterns, increasing the risk of extreme weather over the coming months, according to the World Meteorological Organization. A new El Niño/La Niña Update by WMO indicates an 80 percent likelihood of a new phase of the natural El Niño weather pat
NASA's X-59 quiet supersonic research aircraft is preparing for some of its most significant flights yet. The X-plane is about to begin a new block of test flights that will include its first time flying faster than the speed of sound and other mission-critical objectives. "What comes next is the first time this one-of-a-kind aircraft will fly supersonic," said Cathy Bahm, project manager for NAS
Temporary flight restrictions will be in place over stadiums hosting FIFA World Cup football matches and related fan events across the United States to help protect participants and spectators. The temporary flight restrictions will be established by Federal Aviation Administration, in coordination with the Department of Homeland Security and the Department of Justice. During match days, all air
For most of the past four decades, observations from the Landsat satellite record show that humans have dominated changes to the U.S. landscape. Recent research revealed a shift in that trend, suggesting that disasters might be catching up. In a NASA-funded study published in Nature Geoscience, scientists analyzed nearly 35 years of data from NASA/USGS Landsat satellites to better understand what
Colombia's presidential election is heading to a runoff after Sunday's vote failed to produce a clear winner. The right-wing candidate Abelardo de la Espriella, a close ally of President Donald Trump, received the most votes - 43.7 percent - while the left-wing senator Iván Cepeda, an ally of the outgoing president Gustavo Petro, came second with 40.9 percent. As none of the 13 candidates in th
The National Weather Service has warned that showers and thunderstorms will be possible from the northern Plains to the Gulf Coast on Monday. Thunderstorms with large hail and severe wind gusts are expected Monday afternoon and evening across parts of the central Plains. On Monday, a lingering upper-level...
The United States and Iran have exchanged fire around the Strait of Hormuz over the weekend, marking the third escalation of hostilities last week in the region. The U.S. Central Command said it conducted "self-defense strikes on Iranian radar and command and control sites for drones in Goruk, Iran,...
The European Commission has said that it has advanced EURO 90 bln laon for Ukraine to meet its urgent budgetary and defense needs as Russia has intensified attacks on the country. It covers two thirds of Ukraine's overall financing and defence needs for 2026 and 2027. This week, the Commission...
U.S. Transportation Secretary Sean P. Duffy announced that the Federal Aviation Administration will invest more than $523 million in airports nationwide to modernize infrastructure, improve safety and deliver a more efficient travel experience. The Department delivered 332 grants to airports in 43...
The world is heading into another period of dangerous heat, and it's nearly certain global temperatures over the next five years will stay "at or near record levels" as climate change accelerates across land and sea, a new UN report warns. A report produced by the UK Met Office and released on Thursday by the World Meteorological Organization said there is an 86 per cent chance that at least one
Three nations hosting the 2026 FIFA World Cup host have announced Public Health Travel Measures for African fans attending the football tournament in July-August. The United States, Mexico, and Canada have announced aligned public health travel measures for individuals coming from African regions...
The U.S. government has announced an additional $80 million in bilateral assistance to key partners on the ground to contain the Ebola outbreak at its source and to protect the American people and prevent further international spread. The Department of State said the new funding will be used for PPE...
The U.S. stockpiles of crude oil, gasoline and diesel are rapidly declining due to strong demand and global supply disruptions caused by the Middle East war, according to the latest federal data. The amount of crude oil and energy products in commercial and emergency storage further dwindled by 17.4 million barrels last week, U.S. Energy Information Administration weekly petroleum status reports
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.