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The Latest Breaking News from International Business Times

Asian Markets Stutter As Traders Weigh China-US Trade Flare-up

Asian markets stumbled Wednesday and gold hit a new record as investors kept tabs on China and the United States after they exchanged tariffs, sparking fears of another debilitating trade war between the economic superpowers.

International Business Times

French PM Set To Survive No Confidence Vote

French Prime Minister Francois Bayrou is expected on Wednesday to survive a no-confidence vote in parliament, winning some breathing space after less than two months in office but by no means ensuring his long-term future.

International Business Times

Honda Shares Jump On Reports It Wants Nissan As Subsidiary

Honda shares surged on Wednesday as Japanese media said the automaker had proposed making its struggling rival Nissan a subsidiary -- with some reports saying the move could spell the end of their merger talks.

International Business Times

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Google Shares Slide On Spending Plans Despite Sales Jump

Google's parent company Alphabet on Tuesday reported revenue jumped in the recently-ended quarter, but shares sank on concerns it may be pouring too much money into artificial intelligence.

International Business Times

Trump's Plan To 'Take Over The Gaza Strip' Draws Sharp Reactions Across Globe, Political Spectrum

President Donald Trump's suggestion that the U.S. should "take over the Gaza Strip" and develop the disputed territory into "the Riviera of the Middle East" drew sharp actions across the globe and political spectrum on Tuesday.

International Business Times

Trump Suggests US Move Palestinians Out of Gaza and Build 'Riviera Of The Middle East'

President Donald Trump sent shockwaves around the world Tuesday night by announcing the U.S. could "take over the Gaza Strip" and "develop" the disputed territory.

International Business Times

Top Climate Scientist Declares 2C Climate Goal 'Dead'

Holding long-term global warming to two degrees Celsius -- the fallback target of the Paris climate accord -- is now "impossible," according to a stark new analysis published by leading scientists.

International Business Times

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US Treasury Says Musk Team Has 'Read-only' Access To Payments Data

The US Treasury said Tuesday that Elon Musk's government reform team can read data from its highly sensitive payment system but not alter it, after Democratic lawmakers raised the alarm over the move and called for an investigation.

International Business Times

Leaders 'Should Respect' Wishes Of Palestinians To Stay In Gaza: Palestinian UN Envoy

World leaders and people should respect Palestinians' desire to remain in Gaza, the Palestinian envoy to the United Nations said Tuesday, after US President Donald Trump said he believed people from the territory should be resettled elsewhere "permanently."

International Business Times

Trump Calls For Clearing 'Demolition Zone' Gaza In Meeting With Netanyahu: 'They've Lived Like Hell'

Trump said the key is to find an "alternative" for refugees of Gaza, which he called a "demolition zone" that "has been unlucky" for its citizens.

International Business Times

Trump to Eliminate Education Department With Executive Order: Report

The Trump administration is currently workshopping an executive order that will attempt to completely dissolve the Department of Education, according to sources close to the matter.

International Business Times

Republican Lawmaker Admits 'Concession' Trump Got from Trudeau in Exchange for Ending Trade War Is Not New: 'At Least He's Reiterated It'

A Republican lawmaker revealed that developments made in a trade agreement between US President Donald Trump and Canadian Prime Minister Justin Trudeau are not novel developments, but just reiterations of previously added clauses to the agreement.

International Business Times

Trump Backs Jailing Americans In El Salvador If Has 'Legal Right'

President Donald Trump on Tuesday backed an offer by El Salvador to take in prisoners -- including US citizens -- despite clear legal problems with such an outsourcing under American law.

International Business Times

What Elon Musk's Twitter Tactics May Bode For US Government

As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.

International Business Times

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International Business Times

Trump Admin Drops 'Buyout' Offers for Air Traffic Controllers, Labels Them 'Critical' After DC Plane Crash

The offer sent to federal employees by the Trump administration encouraging them to resign from their jobs is not applicable to air traffic controllers.

International Business Times

Trump Signs Order Withdrawing US From UN Bodies

US President Donald Trump on Tuesday signed an executive order withdrawing Washington from a number of United Nations bodies, including its Human Rights Council (UNHRC), and setting up a broader review of US funding for the multilateral organization.

International Business Times

'Bodies On The Ground': Mass Shooting Shocks Sweden's Orebro

Linn could not get the thought of "blood everywhere" out of her head after her usually quiet town of Orebro on Tuesday became the scene of the worst mass shooting in Swedish history.

International Business Times

Rubio Accuses Cuba, Nicaragua, Venezuela Over Migration Crisis

US Secretary of State Marco Rubio on Tuesday lashed out at authoritarian left-wing regimes in Cuba, Nicaragua and Venezuela, accusing them of being "enemies of humanity" and of causing a regional migration crisis.

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International Business Times

Trump Says Palestinians Would 'Love' To Leave Gaza

US President Donald Trump on Tuesday said Palestinians would "love" to leave their embattled homeland in Gaza and live elsewhere if given an option.

International Business Times

Chaos Reigns As Federal Worker Accepts Trump Buyout, Receives No Response: Report

One employee who accepted the "deferred resignation" offer sent to federal workers last week says they've received no clear information about what happens next.

International Business Times

'Rare Earths' For Aid: Ukraine's Minerals Threatened By War

US President Donald Trump has signalled he could trade aid to Kyiv in its fight against Russia's invasion for access to Ukraine's "rare earth" metals, key elements used in electronics.

International Business Times

US Freezes Funding Contributions To Haiti Multinational Security Force: UN

The United States has frozen its financial contributions to a multinational security support mission in Haiti, a United Nations spokesperson said on Tuesday, a move that would stop $13.3 million in pending aid.

International Business Times

10 Dead After Gunman Attacks School In Sweden: 'Never Seen A School Shooting Of This Magnitude'

The gunman was among the dead in a mass shooting at a school in Orebro, Sweden on Tuesday.

International Business Times

Australia Bans DeepSeek AI Program On Govt Devices

Australia has banned DeepSeek from all government devices as it seeks to block "an unacceptable level of security risk" presented by China's breakout artificial intelligence program, according to an official order Tuesday.

International Business Times

US Flights Carrying Detained Migrants To Guantanamo 'Underway'

The first US flights carrying detained migrants to America's notorious Guantanamo military base in Cuba were underway Tuesday as President Donald Trump's administration cracks down on illegal migration, the White House said.

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