Author: i2wtc

U.S. President Donald Trump reacts as he speaks with members of the media on the South Lawn before boarding Marine One at the White House, in Washington, D.C., U.S., Feb. 28, 2025. Nathan Howard | ReutersU.S. importers and their customers are about to experience the full force of President Donald Trump’s unprecedented use of emergency economic powers.To that point, 25% tariffs on imports from America’s top two trading partners, Canada and Mexico, went into effect at midnight Tuesday, as did an additional 10% tariff on Chinese imports. Canadian energy will be tariffed at a lower rate of 10%, also as of…

Best Buy on Tuesday posted fiscal fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump’s tariffs on China and Mexico go into effect.On Best Buy’s earnings call, Barry said China and Mexico are the company’s top two supply chain sources, with about 55% and 20% of its products sourced from those countries, respectively.”Trade is critically important to our business and industry. The consumer electronic supply chain is highly global, technical and complex,” Barry said. “We expect our vendors across our entire assortment will pass along some…

Listen to article ISLAMABAD/PESHAWAR: The Pakistani security forces and the Afghan Taliban fighters exchanged fire at the main Torkham border crossing in the wee hours of Monday, following their failed talks to reopen the crossing, in which at least one Afghan border guard was killed and two others were injured. Four Pakistani FC personnel and civilian also sustained injuries during the skirmishes, while one civilian died in stampede caused by the heavy firing. A village nearby was also evacuated because of the firing, sources said. The Torkham border, which has been closed since February 21, heated up after the talks between the…

European Commission President Ursula von der Leyen warns against ‘a clear and present danger’ before Europe.European Commission (EC) President Ursula von der Leyen has proposed a five-part plan to mobilise some 800bn euros ($842bn) to beef up Europe’s defence and provide “immediate” military support to Ukraine after the United States suspended aid. “A new era is upon us,” the president said in a letter presenting the plan to 27 European Union (EU) leaders on Tuesday, two days before a summit aimed at cementing joint action on Ukraine and Europe’s long-term security begins in Brussels. “Europe faces a clear and present…

Lebanese President Joseph Aoun visits Riyadh in his first trip abroad since taking office in January.Saudi Arabia will review “obstacles” to resuming Lebanese imports and ending a ban on its nationals visiting Lebanon, the two governments said. The announcement was made in a joint statement released after Lebanese President Joseph Aoun met Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman (MBS) in Riyadh on Tuesday – Aoun’s first trip abroad since taking office in January. Saudi Arabia has renewed its interest in Lebanese politics after a long period when it kept its distance in the wake of the…

The Pakistan Cricket Board (PCB) on Tuesday announced the men’s squad for the upcoming tour of New Zealand – Salman Ali Agha will be captaining the T20 International team while One Day International (ODI) captain, Mohammad Rizwan, will continue to lead the team in that format. However, a notable change in the T20 team is the exclusion of the country’s star batter Babar Azam and wicketkeeper Rizwan. Pakistan will play five T20s and three ODIs during the tour. The team announcement comes amid widespread criticism of the national team’s poor performance in the ongoing ICC Champions Trophy 2025. Pakistan’s early…

File: Cathy Smith in 2019.Mark Lennihan | APStarbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri.The executive change is the latest for Starbucks after Brian Niccol joined the company as chief executive in September with the goal of turning around slumping coffee sales.So far, noteworthy departures during Niccol’s tenure have included the company’s North American CEO, North American president, chief supply officer and the former chair of the board. Meanwhile, many executives with ties to Niccol from his time leading Chipotle Mexican Grill and Yum Brands’…

Listen to article ISLAMABAD: Chief Justice of Pakistan (CJP) Yahya Afridi, in his capacity as the chairman of the Judicial Commission of Pakistan (JCP), has formed a committee to draft an objective criterion for selecting judges for constitutional benches. Justice Jamal Khan Mandokhail will head the committee. A notification issued in this regard stated that in light of the chairperson’s decisions during the three JCP meetings held on February 28, the committee has been constituted to draft objective criteria for the appointment of judges under Clause (4) of Article 175-A of the Constitution and for the selection of judges for constitutional benches…

United States President Donald Trump announced a pause on US military assistance to Ukraine on Monday, amid splintering relations with his Ukrainian counterpart Volodymyr Zelenskyy. The US has been Ukraine’s single biggest supplier of defence aid since Russia’s full-fledged invasion of the Eastern European country in February 2022, apart from serving as the diplomatic fulcrum around which a broad coalition of nations has backed Kyiv against Moscow. But the pause on military help comes after increasingly public criticisms of Zelenskyy from Trump and his senior officials, at a time when Ukraine has been asking for just the opposite – that…

At least two lawmakers injured after chaos erupts inside parliament, where smoke bombs and flares were thrown.Serbian opposition lawmakers have thrown smoke grenades and tear gas inside parliament to protest against the government and support demonstrating students, with one legislator suffering a stroke during the chaos. As the spring session of parliament opened on Tuesday, after the ruling coalition led by the Serbian Progressive Party (SNS) approved the agenda, some opposition politicians ran out of their seats towards the parliamentary speaker and scuffled with security guards. Others tossed smoke grenades and tear gas, with live TV showing black and pink…