Don’t you know what’s happening in the world today?
1. Trump administration officials defended their move to impose high tariffs on U.S. imports. Treasury Secretary Scott Bessent said the sharp decline in stocks on Thursday and Friday was a "short-term" reaction and there was no reason to predict a rebound.
2. These measures will lead to a recession. Kevin Hassett, chairman of the National Economic Council, said prices may rise, but it will not be a "heavy burden" on American consumers. A trade adviser urged Americans "not to panic."
3. Indonesia, Southeast Asia's largest economy, said it would not retaliate against Donald Trump's 32% trade tariffs. Instead, the finance minister said the country would seek to negotiate with the United States and sell more goods to the European market. The region has been hit hard by the new tariffs; Vietnamese businesses have asked the United States to postpone a 46% tax on their goods.
4. Russia launched an airstrike in the Ukrainian capital of Kiev, killing at least one person and injuring many others. Kiev Mayor Vitali Klitschko added that fires broke out in three districts. Earlier, Russia launched a similar attack on Kryvyi Rih, the hometown of Ukrainian President Volodymyr Zelensky, on Friday, killing at least 19 people.
5. The United States has revoked all visas issued to South Sudanese passport holders. Previously, this sub-Saharan country, which is on the verge of another civil war, refused to accept citizens deported by the United States. US Secretary of State Marco Rubio accused South Sudan's transitional government of "taking advantage" of the United States.
6. The IDF admitted that its soldiers made mistakes in the March 23 incident that killed 15 aid workers in the Gaza Strip. The IDF initially claimed that the aid workers' convoy did not turn on its lights when approaching an Israeli checkpoint. However, a video on the mobile phone of one of the dead showed that the vehicles had their lights on.
7. The death toll from the earthquake that struck Myanmar a few days ago has risen to at least 3,471. Heavy rains and strong winds have hampered rescue efforts. Aid agencies warn that these conditions, combined with high temperatures, could trigger illness. The United Nations has renewed its appeal for aid to the country; a senior official said the damage in Mandalay, Myanmar's second largest city, was "shocking."
8. Ronin, a giant African pouched rat, set a new record for landmine detection in Cambodia, finding more than 100 mines. Landmines left over from the country's successive wars over the past 40 years have killed tens of thousands of people. Rats like Ronin are trained to sniff out chemicals used in weapons. (Guinness World Records) congratulated the rodent on its "important work."
Daily data:
380,000 tons, which is about the global production of refined tin last year, while copper production was 26 million tons. (Read more v: JL222345)
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