U.S. President Donald Trump threatened on Friday to impose a 100% tariff on goods from any country that implements a digital services tax targeting American companies. The warning comes just one day after European Union nations met a July 4 deadline to reduce tariffs on U.S. goods, a move intended to meet commitments under a … Read more
SpaceX plans to begin construction next month on an eight-mile natural gas pipeline, dubbed “Starpipe,” to supply its Starbase launch site in Texas, according to county filings reviewed by Reuters. The infrastructure project is designed to facilitate a higher cadence of launches for the Starship rocket, moving away from a reliance on tanker trucks for … Read more
Merck KGaA has announced an $11.3 billion agreement to acquire U.S.-based Bio-Techne, marking the German pharmaceutical giant’s largest acquisition since 2014. The deal, which offers $73 per share—a 24% premium over the closing price on Wednesday—is designed to bolster Merck’s life sciences division by integrating Bio-Techne’s extensive portfolio of research reagents, proteins, and analytical instruments … Read more
Rising tensions in the Taiwan Strait have drawn international concern as the U.S., Britain, France, and Germany recently condemned Chinese Coast Guard operations near Taiwan’s east coast. Beijing maintains these patrols are a legitimate exercise of jurisdiction, while Taiwan’s National Security Council and its Ocean Affairs Council argue the maneuvers violate international maritime norms and … Read more
U.S. Secretary of State Marco Rubio arrived in Manama, Bahrain, on Wednesday to pitch a preliminary U.S.-Iran peace accord to Gulf Cooperation Council (GCC) leaders. The mission aims to address regional fears that the draft agreement, which lacks ballistic missile limits, could empower Tehran and destabilize Middle Eastern security and oil markets. Why are Gulf … Read more
Oil prices for Brent and WTI crude reached their lowest levels since February 27 as Middle Eastern supply returns to the global market. According to Reuters, rising expectations of increased oil flow through the Strait of Hormuz are outweighing record-low U.S. crude stocks, pushing Brent to $72.52 and WTI to $69.32 per barrel. Why are … Read more
President Donald Trump visited the U.S. Capitol on Wednesday to urge Republican lawmakers to pass the SAVE America Act, a legislative package that would mandate photo identification for federal elections and require proof of citizenship for voter registration. The push comes as the bill has stalled in the Senate, failing to clear the 60-vote filibuster … Read more
The European Union Aviation Safety Agency (EASA) has extended its conflict-zone advisory for Iran, Iraq, and Lebanon through July 1, warning airlines to avoid these airspaces due to the risk of military volatility. Despite recent diplomatic efforts between Washington and Tehran, EASA cited the continued potential for short-term violations of the U.S.-Iran ceasefire, particularly near … Read more
Lebanese and Israeli officials are currently engaged in Washington-based talks regarding a U.S.-backed proposal to transfer control of specific southern Lebanese territories from Israeli forces to the Lebanese military. While a ceasefire has largely held since Sunday, ongoing hostilities—including a Wednesday drone strike—and firm opposition from Hezbollah continue to complicate the path toward a stable … Read more
The U.S. government has begun shipping stockpiled doses of an experimental antibody drug, MBP134, from Mapp Biopharmaceutical to the Democratic Republic of Congo to combat a widening Bundibugyo Ebola outbreak. According to the U.S. Department of Health and Human Services, this shift in policy marks the first time Washington has released the treatment for clinical … Read more