Germany’s auto giants were already reeling. Now Trump wants to turn them into American companies

Inflation and Tariffs Impact on U.S. ConsumersPresident Trump's tariffs are expected to increase consumer prices, with recent surveys indicating that 76% of Texas manufacturers plan to pass these costs onto consumers, potentially leading to an average annual burden of $5,200 for low- and middle-income households. Despite Trump's claims that foreign exporters will absorb these costs, analysts predict inflation will rise significantly, with core inflation projected to reach 3.8% this year, particularly affecting electronics and apparel....

Summary The federal NDP faced its worst election result, with only 46 out of 342 candidates receiving over 10% of the vote, limiting its eligibility for campaign reimbursements from Elections Canada. The party, which secured only seven MPs, is expected to receive significantly less in electoral expense refunds compared to previous elections, compounding its financial struggles. NDP strategist Cam Holmstrom highlighted the financial implications, stating the situation will be a substantial setback for the party,...

The UK government faces accusations of dishonesty regarding arms exports to Israel following an investigation revealing thousands of military items were sent despite a ban. The analysis, conducted by several organizations and reported in the Guardian, contradicts claims by Foreign Secretary David Lammy about the defensive nature of these exports. Despite a suspension of 29 licences in September 2024, over 200 remain, including those for the F-35 programme, raising concerns over compliance with international humanitarian...

The recent trade deal between the US and UK, criticized as lacking legal structure and substance, primarily serves to mitigate tariffs imposed by Trump, rather than fostering genuine economic collaboration. The UK, which is not heavily impacted by these tariffs, risks compromising the integrity of the global trading system by prioritizing a quick agreement over a robust multilateral approach, potentially undermining the "most favored nation" principle. This situation weakens the UK's position as a proponent...

Summary of the Election of Pope Leo XIVRobert Francis Prevost has been elected as the 267th pope of the Roman Catholic Church, taking the name Pope Leo XIV, marking him as the first American pope. His election, which occurred after just two days of voting among cardinals, signifies a potential shift in the Catholic hierarchy, as he embodies a balance between Pope Francis' inclusive agenda and more conservative elements within the church. Prevost, who has...

Newly elected Pope Leo XIV, Robert Prevost, is the first American to assume the papacy, addressing the crowd at St. Peter’s Basilica to enthusiastic applause. Born in Chicago and made a cardinal by Pope Francis in 2023, Prevost is known for his missionary work in Peru and his alignment with Francis's vision on environmental and social issues, though he maintains a more conservative stance on some matters. A ceremonial mass for his installation is anticipated...