Author: LoveWorld UK

SOUTH KOREA’S ACTING PRESIDENT VOWS TO FIND ‘WIN-WIN’ SOLUTION – South Korea is among the first countries the Trump administration has initiated trade talks with South Korea’s acting president Han Duck-soo said that the government will do its best to find a ‘win-win’ solution in the upcoming trade talks with the United States. A South Korean delegation will meet U.S. counterparts today for an opening round of trade talks, with cooperation on shipbuilding and energy expected to be on the agenda, and possibly shared defence costs, as Seoul seeks lower tariffs. South Korea, which faces 25% U.S. reciprocal tariffs, is…

TRUMP SAYS HE’D LIKE TO KEEP MUSK FOR A LONG TIME – Musk confirmed plans to reduce his government time commitment to one or two days a week  President Donald Trump said that he would like to keep Elon Musk “for a long time”. The Department of Government Efficiency, created by executive order the day Trump took office and helmed by billionaire Musk, has spearheaded efforts to shrink the federal workforce and slash the deficit via mass firings, contract cancellations and reduced services to Americans across the federal government. But Musk confirmed plans on Tuesday April 22nd to reduce his…

WALL STREET ENDS HIGHER ON HOPES OF TRADE WAR DE-ESCALATION – All three major U.S. stock indexes pared gains by the closing bell Wall Street stocks advanced on revived hopes for progress in the U.S.-China trade dispute and as President Donald Trump soothed fears the Federal Reserve could lose its autonomy with reassurances that he has “no intention of firing” Fed Chair Jerome Powell. All three major U.S. stock indexes pared gains by the closing bell. They gathered momentum during the session after Treasury Secretary Scott Bessent said high tariffs between the U.S. and China were unsustainable and Trump signaled…

U.S. TO PHASE OUT MANY SYNTHETIC FOOD DYES – The FDA ie said it plans to authorize four new natural color additives in the coming weeks U.S. Food and Drug Administration Commissioner Marty Makary said the FDA plans to remove petroleum-based synthetic food dyes from the U.S. food supply, citing studies that have raised concerns about the link between dyes and health conditions like ADHD, obesity and diabetes. Speaking at a press conference in Washington, Makary said the agency would begin the process to revoke authorization for two synthetic food colorings within the coming months and would work with industry…

TRUMP SEES TRADE DEAL WITH CHINA TO SUBSTANTIALLY LOWER TARIFFS – U.S. President Donald Trump says tariffs ‘will not be anywhere near’ 145% his administration had previously discussed U.S. President Donald Trump said he “won’t play hardball” with China on trade, and that U.S. tariffs on China will be “nowhere near” the 145% his administration had previously discussed. Trump expressed optimism that he would make progress with China that would substantially lower tariffs on their imports but also warned that “if they don’t make a deal, we’ll set the deal.” Trump said a deal would result in “substantially” lower tariffs…

BARCA SEES A  1-0 HOME WIN AGAINST MALLORCA – The win lifted Barca to 76 points at the top of the LaLiga standings with Real Barcelona’s Dani Olmo scored inside the first minute of the second half to earn a hard-fought 1-0 home win against Mallorca, extending their lead over Real Madrid at the top of the table to seven points with five games to go. Barca dominated proceedings despite coach Hansi Flick deciding to rest several key starters ahead of Saturday’s Copa del Rey final against bitter rivals Real, but Mallorca goalkeeper Leo Roman put on a show between…

MUSK TO CUT BACK DOGE WORK AFTER TESLA SALES SKID – Tesla shares spiked to trade up 5.5% on his comments Tesla CEO Elon Musk said he would cut back “significantly” the time he devotes to the Trump administration from next month and spend more time running the electric-vehicle maker. Tesla shares, which had risen 4% in after-hours trading right before an earnings conference call began, spiked to trade up 5.5% on Musk’s comments. After market close, Tesla reported profitability for its core auto business that topped rock-bottom expectations and said it was on track to produce an affordable car,…

POPE FRANCIS’S FUNERAL TO BE HELD ON SATURDAY – Many world leaders are expected Pope Francis’ funeral will be held on Saturday in St. Peter’s Square, Roman Catholic cardinals decided on Tuesday, setting the stage for a solemn ceremony that will draw leaders from around the world. Francis, 88, died unexpectedly on Monday after suffering a stroke and cardiac arrest, the Vatican said, ending an often turbulent reign in which he repeatedly clashed with traditionalists and championed the poor and marginalised. The pontiff spent five weeks in hospital earlier this year suffering from double pneumonia. But he returned to the…

VANCE SEEKS CLOSER US-INDIA TIES, WARNS OF ‘DARK TIME’ – India is rushing to clinch an early trade deal with the U.S. US Vice President JD Vance said the United States is looking to sell more energy and defence equipment to India. During a visit to the country, adding that ties between the two countries will shape the century. “If India and the United States work together successfully, we’re going to see a 21st century that is prosperous and peaceful,” he said in a speech in the northwestern Indian city of Jaipur. He also repeatedly praised Indian Prime Minister Narendra…

SOUTH KOREA FINDS ‘MADE IN KOREA’ BREACHES TO BYPASS TARIFFS – Korea Customs Service found 29.5 billion won worth of violations from the first quarter South Korea has found increased attempts to disguise foreign products as Korean exports, primarily from China, to avoid U.S. President Donald Trump’s sweeping tariffs, its customs agency said. The Korea Customs Service (KCS) said it has found 29.5 billion won worth of violations related to country of origin from the first quarter, with U.S.-bound shipments accounting for 97% of the total, after a special probe last month. That compared to a total of 34.8 billion…