Wall Street stocks opened sharply lower Monday (April 7, 2025), joining a global selloff on worries that a trade war induced by U.S. President Donald Trump’s tariffs will spark a global economic slowdown. About 20 minutes into trading, the Dow Jones Industrial Average was down 3.6% at 36,947.62. Stock market crash updates: April 7, 2025 … Read more
Market data is displayed on a screen inside the Nasdaq market site at Times Square in New York City, U.S. File. | Photo Credit: Reuters U.S. President Donald Trump on Monday (April 7, 2025) called for Americans to “be strong, courageous, and patient,” minutes before the New York stock market opened with further sharp declines … Read more
Bangladesh’s interim head Muhammad Yunus has written to U.S. President Donald Trump requesting a three-month pause on a 37% tariff on imports from Bangladesh, citing efforts to boost imports from the U.S., his press office said on Monday, April 7, 2025. | Photo Credit: REUTERS Bangladesh’s interim head Muhammad Yunus has written to U.S. President … Read more
File. | Photo Credit: Reuters Goldman Sachs has raised the odds of a U.S. recession to 45% from 35%, the second time it has increased its forecast in a week amid a growing chorus of such predictions by investment banks due to an escalating trade war. Goldman has raised its estimate from 20% early last … Read more
Germany on Monday, April 7, 2025, called for an urgent investigation into “shocking” accusations that Israeli forces knowingly fired on a convoy of ambulances in an attack that killed 15 aid workers in Gaza on March 23. | Photo Credit: AP Germany on Monday (April 7, 2025) called for an urgent investigation into “shocking” accusations … Read more
Daily Quiz | On William Wordsworth The daffodil is the national flower of Wales, about which Wordsworth wrote one of his most celebrated poems. File START THE QUIZ 1 / 8 | Apart from Wordsworth and Samuel Taylor Coleridge, who is part of the ‘Lake Poets’ trinity? 2 / 8 | Name Wordsworth’s semi-autobiographical magnum … Read more
Palestinians retrieve a body from the rubble of a building destroyed by an Israeli airstrike in Deir al-Balah, Gaza Strip, on April 7, 2025. | Photo Credit: AP Israel struck tents outside two major hospitals in the Gaza Strip overnight, killing at least two people, including a local reporter, and wounding another nine, including six … Read more
Israel has dramatically expanded its footprint in the Gaza Strip since relaunching its war against Hamas last month. It now controls more than 50% of the territory and is squeezing Palestinians into shrinking wedges of land. The largest contiguous area the army controls is around the Gaza border, where the military has razed Palestinian homes, … Read more
Chinese Foreign Ministry spokesperson Lin Jian. | Photo Credit: Reuters China on Monday (April 7, 2025) accused the U.S. of unilateralism, protectionism and economic bullying with tariffs. “Putting the U.S. first over international rules is a typical act of unilateralism, protectionism and economic bullying,” Foreign Affairs spokesperson Lin Jian told reporters. President Trump announced sweeping … Read more
An electronic stock board shows that Nikkei stock average dropped over 2,900 Japanese yen in Tokyo on April 7, 2025. | Photo Credit: AP Japan’s Nikkei share average slumped on Monday (April 7, 2025) to the lowest level in 1-1/2 years, with the index of Japanese bank stocks diving more than 17% at one point, … Read more