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us political news

  • Burnham In Ukraine To Pass On Key Data To Make Long-range Missiles August 24, 2026 07:07 ET

    Andy Burnham has arrived in Ukraine on Monday for his first overseas visit as UK Prime Minister. Just weeks after welcoming President Volodymyr Zelenskyy to the UK in July as his first international guest, Burnham traveled to Kyiv to reiterate the country's unwavering support for the Ukrainian people. Ukraine's foreign minister received Andy Burnham as he arrived in Kyiv. While chairing a meeti

  • US To Unveil 'Economic D-Day' Sanctions Against Iran August 24, 2026 06:19 ET

    US Treasury Secretary Scott Bessent has warned that Iran can expect the so-called "Economic D-Day" that President Donald Trump announced last week, on Monday. "At dawn begins an economic D-Day — the single greatest financial offensive ever marshaled against an adversary," Bessent wrote in an op-ed published in the Financial Times Sunday. Bessent will roll out tough economic sanctions that target

  • UK Summons Israeli Diplomat Over New West Bank Settlement Project August 20, 2026 06:40 ET

    The UK Government has summoned Israel's Chargé d'Affaires to lodge protest against the Israeli Government's launch of a tender for a major settlement project in the E1 area of the occupied West Bank. Daniela Grudsky Ekstein, who leads Israel's diplomatic mission in London, was summoned on Wednesday to the Foreign Office, which demanded an immediate reversal of the move by the Netanyahu governmen

  • ICC Calls New US Sanctions 'a Flagrant Attack' Against Its Independence August 20, 2026 05:30 ET

    The International Criminal Court has responded to a new round of U.S. sanctions targeting its president and a senior prosecutor, calling them "a flagrant attack" against the court. "These sanctions are a flagrant attack against the independence of an impartial judicial institution which operates...

  • US Sanctions ICC President, Senior Trial Lawyer August 19, 2026 06:19 ET

    The Trump Administration has imposed sanctions against two top-most officials of the International Criminal Court as part of what it calls a campaign to address the threat posed by The Hague-based war crimes tribunal. Announcing the sanctions against ICC President Tomoko Akane and ICC Senior Trial Lawyer Abdoulaye Seye on Tuesday, U.S. Secretary of State Marco Rubio said they directly engaged in

  • New Process To Restore Federal Firearm Rights Launched August 18, 2026 07:38 ET

    As one of his first actions as U.S. Attorney General, Todd Blanche has finalized a federal regulation and launched a new process allowing eligible Americans who are prohibited from possessing firearms to apply for restoration of their federal firearm rights. "The Second Amendment is not a second-class right, and the federal government should not permanently deprive Americans of a constitutional r

  • Trump Says US To Reduce Joint Military Drills With South Korea August 17, 2026 06:12 ET

    President Donald Trump has announced that the United States will "substantially reduce" joint military exercises with its key regional ally in Asia Pacific, South Korea. In a social media post on Sunday, Trump cited his "very good relationship" with North Korean leader Kim Jong Un and Seoul's lack of interest in joining U.S. military operations against Iran. "Based on my very good relationship w

  • Trump Imposes 100% Tariff On Large Drones August 14, 2026 06:43 ET

    President Donald Trump has imposed tariffs of up to 100 percent on drones and components imported from abroad, mainly targeting China. Trump signed a Proclamation to this effect Thursday, saying that it is to address the national security threat posed by imports of drones and their components, including by strengthening America's drone industry and supply chain. The Proclamation imposes 100 per

  • State Department Establishes Task Force To End Birth Tourism August 13, 2026 07:53 ET

    To combat birth tourism and protect the integrity of the U.S. immigration system, the State Department has established a Birth Tourism Prevention Task Force. The Task Force will review the activities of visa holders worldwide to identify instances of birth tourism, take action to revoke visas of those who engage in or facilitate it, and dismantle the networks that profit from this abuse.

  • US And Allies Call On All Countries To Notify Ahead Of Ballistic Missile Launch August 12, 2026 06:27 ET

    The United States and its allies world over have called on on all relevant countries, particularly nuclear-weapon States, to provide advance notification of launches of intercontinental ballistic missiles, submarine-launched ballistic missiles, and space launch vehicles to affected states. Notifications "no less than 24 hours in advance" of the planned launch, should include such information as t

  • D.C. Violent Crime Falls Toward Historic Lows: White House August 11, 2026 07:41 ET

    One year after President Donald Trump declared a crime emergency in the District of Columbia and unleashed the Make D.C. Safe and Beautiful Task Force, violent crime in the nation's capital has been driven toward historic lows, the White House says. It claimed that violent predators, gangbangers, drug traffickers, and sex offenders have been removed from the streets of Washington, D.C. Homeless e

  • Burnham Plans To Ban 'subscription Traps', Misleading Discount Offers August 10, 2026 06:52 ET

    UK Prime Minister Andy Burnham has announced that he will be rolling out a series of "everyday fixes" to help people with the cost of living, kicking off with two measures on Sunday. The new Prime Minister said he plans to ban retailers from making misleading claims to customers about discounts. ...

  • Netanyahu Rejects Trump's Peace Plan For Gaza August 10, 2026 06:18 ET

    Israeli Prime Minister Benjamin Netanyahu has rejected President Donald Trump's 15-pont peace plan for Gaza. Addressing Sunday's Cabinet meeting, he said, "I have heard people saying: 'You didn't say it.' So here I am saying it again: Israel does not accept the 15-point document." He made it clear that Israeli military will not pull-out from the war-ravaged Palestinian enclave until Hamas is "ge

  • Trump Signs Orders To Limit US Birthright Citizenship And 'birth Tourism' August 07, 2026 06:33 ET

    President Donald Trump has signed two executive orders aimed at limiting birthright citizenship and 'birth tourism' in the United States. The first Executive Order identifies certain categories of children of immigrants who are not entitled to birthright citizenship consistent with historical exceptions recognized by the Supreme Court in Trump v. Barbara case. The second Executive Order delegate

  • EU Receives €1.4 Bln In Revenue From Immobilized Russian Assets August 05, 2026 09:58 ET

    The European Union has received €1.4 billion in windfall profits generated by the interest on the cash balances originating from immobilized assets of the Central Bank of Russia, held by Central Securities Depositories. The receipt of this amount marks the fifth transfer of its kind, following a...

Global Economics Weekly Update - Aug 17 – Aug 21, 2026

August 21, 2026 14:42 ET
The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.