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The Latest Breaking News from International Business Times

Turkish Central Bank Raises Interest Rate To 46 Percent

Turkey's central bank hiked its key interest rate to 46 percent on Thursday after a month of protests over the arrest of Istanbul's opposition mayor and economic uncertainty provoked by US President Donald Trump's sweeping tariffs.

International Business Times

Trump's Tariff Storm A Threat To Dollar's Dominance?

As President Donald Trump's tariffs threaten the US economy, questions are being asked about how long the dollar can maintain its status as the world's key trading and reserve currency.

International Business Times

Trump Clashes With Fed Chief Powell Over Interest Rates

US President Donald Trump blasted Federal Reserve chairman Jerome Powell on Thursday for not lowering interest rates, calling him "always TOO LATE AND WRONG." "Powell's termination cannot come fast enough," Trump wrote on his Truth Social platform.

International Business Times

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'Help Us,' Says Wife Of Gaza Medic Missing Since Ambulance Attack

More than three weeks after an Israeli military ambush killed 15 of her husband's fellow medics, Nafiza al-Nsasrah says she still has no idea where he is being held.

International Business Times

Somalia Air Strikes, Combat Kill Dozens Of Jihadists: Govt

Joint US-Somalia air strikes and combat killed dozens of Al-Shabaab jihadists attacking a key town and a military base and also destroyed a shipment of weapons, the Somali government said on Thursday.

International Business Times

California Sues Trump Administration Over Sweeping Tariffs

California filed a lawsuit on Wednesday to block Trump's broad tariffs on foreign trade partners, after he announced a 10% tariff on goods from all countries and even higher tariffs for nations his administration claimed made it difficult for U.S. products to enter their markets.

International Business Times

Trump Admin Plans To Shut Down Free IRS Direct File Tax Program: Report

Launched during President Joe Biden's administration, Direct File had been praised by users for being easy to use, fast, and cost-effective.

International Business Times

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How Much Does Elon Musk Reportedly Offer 'Intelligent Women' to Have His Child? WSJ Reveals Shocking Details

The Wall Street Journal reports that Musk has privately offered significant sums of money to select women he deems 'intelligent' in exchange for having his children.

International Business Times

Petrol Price Plunge Sends UK Inflation Tumbling to 2.6% – But Is It Just a Blip?

Falling petrol prices have pushed UK inflation to 2.6%, but experts warn of rising energy costs and taxes. Learn how to protect your finances in this volatile economy

International Business Times

Raising A Family Just Got More Expensive Because Of Trump's Tariffs: Are You Ready To Spend $300 More For A Stroller?

Rising tariffs are dramatically increasing the cost of essential baby products, affecting families' budgets.

International Business Times

Nvidia CEO In Beijing As US Tech Curbs, Trade War Threaten Sales

Nvidia this week said it expected a $5.5 billion earnings hit this quarter due to a new US licensing requirement on GPUs (graphics processing units) with bandwidths similar to the H20, the primary chip it could legally sell in China.

International Business Times

Gaza Rescuers Say 37 People Killed In Israeli Strikes, Most Of Them Displaced

Gaza's civil defence agency said Thursday that a series of Israeli air strikes killed at least 37 people, most of them in encampments for displaced civilians, as Israel pressed its unrelenting military offensive in the Palestinian territory.

International Business Times

EU Hopes Trump Tariffs Can Nudge Mercosur Deal Past Finish Line

The spectre of a transatlantic trade war is also fuelling hopes of a silver lining in Europe: that a commerce deal with four South American countries could get a final green light despite longstanding French opposition.

International Business Times

Markets Typically Rise Before Good Friday — But Will 2025 Break The Pattern?

Summer markets often slow down, but 2025 could hold surprises. Discover expert strategies to navigate the lull, from defensive stocks to smart diversification.

International Business Times

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International Business Times

Florida Legislature Introduces Bill To Prevent State Employees From Conducting Campaign Activities As GOP Infighting Continues

Florida Republicans introduced new bill after Gov. Ron DeSantis used government staffers to help him directly raise campaign contributions and tensions rise.

International Business Times

UN Nuclear Chief In Tehran Ahead Of Fresh Iran-US Talks

UN nuclear watchdog chief Rafael Grossi met the head of Iran's atomic energy agency, Mohammad Eslami, on Thursday ahead of a fresh round of nuclear talks between Tehran and Washington.

International Business Times

Silent Killing Fields 50 Years On From Khmer Rouge Atrocities

Cambodia marked on Thursday the 50th anniversary of the Khmer Rouge's march into Phnom Penh, though survivors of its genocidal rule were forbidden from praying before victims' skulls.

International Business Times

How Much Did The Playstation Plus Price Increase In Canada And Is The US Next?

Sony recently increased the prices for all tiers of PlayStation Plus subscriptions in Canada, surprising many subscribers, but nothing is confirmed for the US.

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International Business Times

Hermes To Hike US Prices To Offset Tariff Impact

French luxury group Hermes said Thursday it would hike its prices in the United States to offset the impact of 10-percent import tariffs imposed by President Donald Trump.

International Business Times

Philippine Film Legend Nora Aunor Dies Aged 71

Nora Aunor, considered by many Filipinos as their country's greatest actress and singer, has died aged 71, the government and her family said Thursday.

International Business Times

Judge Finds Trump Officials Likely In Contempt Over Deportation Flights

Boasberg accused the administration of removing deportees under the Alien Enemies Act before those individuals could legally challenge their deportation.

International Business Times

Florida AG Tells Orlando Mayor 'There Will Be Consequences' if City Sticks With Policy Barring Officials From Inquiring About Immigration Status

"Failure to abide by state law may result in the enforcement of applicable penalties, including but not limited to being held in contempt," said AG James Uthmeier in a public letter

International Business Times

Cartel Recruitment At Heart Of Mexico's Missing Persons Crisis

When Rubi Cruz recognized her husband's belongings among personal items found at a suspected Mexican drug cartel training camp, she feared the worst -- that he had become a victim of forced recruitment.

International Business Times

China Selling Seized Digital Assets? Crypto Users Troll Local Governments In 'Germany Type Move'

Local governments in China are reportedly dumping their seized Bitcoin and other cryptocurrencies amid a slowing economy – crypto holders blasted the move, reminding the community of how a similar move ended for Germany.

International Business Times

Is Your Spotify Down? Try These Three Alternatives

Spotify is down worldwide, leaving millions without music. Don't worry, however, since you can continue your music streaming using these alternatives.

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