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Qatari Foreign Ministry: Qatar and Egypt welcome Hamas' announcement of its agreement to release American Aidan Alexander.

Hamas says to release US captive Edan Alexander.

Al Mayadeen's sources: Trump will announce that Hamas will release US captive Edan Alexander from Gaza.

Al Mayadeen correspondent: Israeli aircraft bombed the coastal province of Hodeidah on the Red Sea, west of Yemen.

The Israeli occupation military issues a bombing threat against the Yemeni ports of Ras Isa, Hodeidah, and Salif.

UKMTO says vessel reported a small craft colliding with it, attempting to collide with other vessels in the area

UKMTO says it received a report of an incident 80NM northwest of jebel Ali, UAE

Israeli Foreign Minister says 'Israel' fully endorses Trump plan for Gaza aid: Reuters

Iranian state media: The fourth round of nuclear talks between Tehran and Washington has kicked off in Oman

Senior Israeli intelligence official: Contacts are underway between Syria and "Israel" to retrieve the body of the spy Eli Cohen

Economy

China trade flows defy Trump's heavy US tariffs, surge 7% in April

China’s strong sea and air cargo volumes suggest resilient export activity despite rising US tariffs.

Saudi Arabia posts $15.65 billion Q1 deficit as oil revenues fall 18%

Despite the oil-related revenue slump, non-oil income edged up by 2% to 113.806 billion riyals, reflecting incremental progress in economic diversification.

Yuan surges past 7.2 as hopes grow for US-China trade talks

The yuan had faced depreciation pressure in early April, with the onshore rate sliding to a 17-year low and the offshore rate hitting a record 7.4290.

WTO Chief hails US-China trade talks as 'positive, constructive step'

A spokesperson for the WTO chief stressed the critical role of sustained dialogue in promoting global economic stability.

Ben Gurion flight suspensions disrupt travel, economy

Airlines halt Tel Aviv flights after a Yemeni missile hit Ben Gurion Airport, straining tourism, local carriers, and "Israel’s" economic outlook.

OPEC+ eyes full return of 2.2 million barrels amid compliance rift

OPEC+ moves to restore 2.2 million barrels to the market by November, as Saudi Arabia pushes back against quota violators and internal tensions mount over compliance and falling oil prices.

Ukraine minerals deal no match for China's supply grip: SCMP

China currently produces 270,000 tonnes of rare earths annually and accounts for 90 per cent of global refining.

Warren Buffet to retire from Berkshire Hathaway at 94

Warren Buffett announces he will step down as Berkshire Hathaway CEO by year-end, naming Greg Abel as successor at the close of a historic shareholder meeting.

Trump's tariffs are a big mistake: Warren Buffet

At the Berkshire Hathaway annual meeting, Warren Buffett called US President Donald Trump's trade tariffs a "big mistake," warning against using trade as a negotiating weapon.

OPEC+ to boost oil output again amid market weakness, internal rift

Saudi Arabia, OPEC's de facto leader, is reportedly leading the charge to accelerate the production increases as a means of enforcing compliance discipline.

Jeff Bezos to sell up to $4.75bn in Amazon stock

Jeff Bezos plans to sell up to $4.75 billion in Amazon stock by 2026, following strong Q1 earnings and growing political tension over Trump's tariffs.

India, EU aim to seal free trade pact by end of 2025

India and the European Union plan to finalize a free trade agreement by 2025. The talks between the two are scheduled to address market access, data protection in IT firms, and intellectual property rights.

China says open to US trade talks offer but wants tariffs 'scrapped'

China says it is evaluating a US proposal for trade talks, insisting negotiations cannot begin unless Washington cancels tariffs.

Japan: Massive US Treasury holdings a negotiation tool for trade talks

Japan’s US Treasury holdings, the largest in the world, are being eyed as a strategic tool in Japan-US trade negotiations amid tensions over US tariffs and US treasury market sell-offs.

Tesla sales in France continue to drop, 59% down in April

As Musk backs away from DOGE to focus on the struggling electric vehicle company, Tesla's EU-wide sales are down 45%.

Air India seeks compensation over Pakistan airspace ban

Air India has requested government compensation after estimating $600 million in losses due to Pakistan's airspace closure.

Trump’s trade policies bite into McDonald’s US sales

McDonald’s latest results reflect broader industry concerns, echoing recent alerts from Domino’s Pizza, Chipotle, and Starbucks.

India's Adani pauses $10 billion deal with Israeli semiconductor firm

According to Reuters, Israeli firm Tower Semiconductor and Indian billionaire Gautam Adani's enterprise group have paused talks on a $10 billion chip project, raising questions about "Make in India" semiconductor ambitions.

Markets suffer worst 100-day start under Trump's second term: FT

Trump's aggressive approach to global trade — centered on imposing "reciprocal" tariffs on most trading partners — has fueled volatility and undermined investor sentiment.

France to impose handling fee on low-value Chinese packages

France plans to introduce a handling fee on packages under 150 euros from non-EU sellers, mainly targeting Chinese platforms like Temu and Shein, as it seeks to cover customs inspection costs and curb cheap imports.

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11 May 2025

Trump touts breakthrough in US-China tariff talks after Geneva meeting

Trump and Chinese officials meet in Geneva for the first time since major tariffs froze bilateral trade, signaling cautious optimism but leaving key economic questions unresolved.

9 May 2025

China’s exports to US fall 17.6% March to April amid trade war

8 May 2025

Trump, Starmer strike 'breakthrough' US-UK trade deal

8 May 2025

Indian rupee, stocks fall amid India-Pakistan escalation

European firms in China face 2025 US-China trade war pressures

Trump to announce trade deal with UK on Thursday

More than 8 mln New Yorkers to get inflation refund checks

Bessent contradicts Trump as China trade talks remain absent

China trade flows defy Trump's heavy US tariffs, surge 7% in April

European firms in China face 2025 US-China trade war pressures

Amid the 2025 US-China trade war sparked by Trump's tariffs, European companies in China face rising challenges, with most reporting tighter conditions, political pressure, and supply chain disruptions.

Trump to announce trade deal with UK on Thursday

US President Donald Trump is expected to announce a new trade deal with the UK, marking a major step in US-UK economic relations post-Brexit.

More than 8 mln New Yorkers to get inflation refund checks

New York Governor Kathy Hochul announces a $2 billion inflation refund program, free school meals for 2.7 million students, and tax cuts for 75% of state filers as part of the 2026 budget.

Bessent contradicts Trump as China trade talks remain absent

The Chinese Foreign Ministry has also rejected Trump's version of events, stating that the two countries have not engaged in any consultations or negotiations regarding tariffs.