Monday, March 31, 2025

Six In The Morning Monday 31 March 2025

 

US stock market dips days before Trump's new tariffs take effect

 

Summary

  • US stock markets have fallen again as Trump prepares to unveil a massive slate of import taxes on Wednesday, which he has dubbed America's "Liberation Day"

  • Global stock markets also fell, as Japan's Nikkei index closed down more than 4%, while in London the FTSE 100 lost around 1% in early trading

  • It comes after the US president suggested that new tariffs he is set to announce this week will hit all countries, not just those that have the biggest trade imbalances with the US

  • Downing Street says the UK "expects" to be affected by US tariffs and is not ruling out retaliatory tariffs in response

  • The measures will come on top of tariffs already imposed by Washington on aluminium, steel and vehicles, along with increased levies on all goods from China

  • Dharshini David analysis: Given the twists and back-pedalling we've seen so far, its hugely unclear what the president will unveil, and what the impact will be

Trump's tariff trade war: A timeline

25 November 2024: Donald Trump says one of his first executive orders in office will be to charge Mexico and Canada a 25% tariff on all products entering the US, claiming he is taking action on fentanyl drug flow to the US.

1 February 2025: The US president follows through on his promise, implementing 25% tariffs on goods from Canada and Mexico, as well as a 10% tax on China, saying these would become effective on 4 February.

4 February 2025: Trump backtracks, and agrees to hold off imposing the Canadian and Mexican tariffs for 30 days after last-minute calls with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum.



Israel killed 15 Palestinian paramedics and rescue workers one by one, says UN

Workers on a mission to help colleagues were buried in mass grave in southern Gaza, says humanitarian office

 in Jerusalem,  in Gaza, and 
Mon 31 Mar 2025 15.24 BST

Fifteen Palestinian paramedics and rescue workers, including at least one United Nations employee, were killed by Israeli forces “one by one” and buried in a mass grave eight days ago in southern Gaza, the UN has said.

According to the UN humanitarian affairs office (Ocha), the Palestinian Red Crescent (PRCS) and civil defence workers were on a mission to rescue colleagues who had been shot at earlier in the day, when their clearly marked vehicles came under heavy Israeli fire in Rafah city’s Tel al-Sultan district. A Red Crescent official in Gaza said that there was evidence of at least one person being detained and killed, as the body of one of the dead had been found with his hands tied.

The shootings happened on 23 March, one day into the renewed Israeli offensive in the area close to the Egyptian border. Another Red Crescent worker on the mission is reported missing.


French Court bans far-right leader Marine Le Pen from running for office

A French court found Marine Le Pen guilty Monday in an embezzlement case and followed up the verdict with a sentence barring her immediately from running for office for five years. Le Pen abruptly left the Paris courtroom before hearing how long she will be banned from running for public office.

Le Pen and 24 other officials from her National Rally were accused of having used money intended for European Union parliamentary aides to pay staff who worked for the party between 2004 and 2016, in violation of the 27-nation bloc’s regulations. Le Pen and her co-defendants deny wrongdoing.

Russia: Supreme Court to consider suspending ban on Taliban

As Russia develops ties with the Taliban, the country is considering suspending the ban on the movement. The expected move, however, would not amount to a formal recognition of the Taliban government in Afghanistan.

Russia's Prosecutor General's Office has asked the country's Supreme Court to suspend a ban on the Taliban, Russian news agencies reported Monday.

The Supreme Court is due to consider the move in a hearing behind closed doors on April 17.

Russia, which has included the Taliban on a list of banned terrorist organizations in 2003, has been gradually building relations with the Islamic movement that rules Afghanistan.

Farmers march in downtown Tokyo, demand income security

By NOBUFUMI YAMADA/ Staff Writer

March 31, 2025 at 14:59 JST


About 3,200 rice growers and dairy farmers, some driving tractors, held a protest in downtown Tokyo on March 30, demanding government measures for income security in the agriculture sector, the organizer said.

The farmers said they are struggling to continue their jobs and earn a living even after rice prices soared to a record high.

They called for income security at the same level as those in the United States and Europe.

 

Rhinos went extinct in Uganda 40 years ago. Now, a private ranch is home to almost 50

 By , CNN

 Seven thousand head of cattle used to roam Ziwa ranch, a 27-square-mile (70-square-kilometer) expanse of grassland in central Uganda. Today, the cattle have gone and grazing in their place are rhinos – the only ones in the country living in their natural habitat.

 Not long ago, Uganda used to be home to both the black and northern white species of rhinoceros. But by the early 1980s, due to poaching, trafficking and political turmoil under the dictatorship of Idi Amin, native populations – once thought to number around 700 – were wiped out.

More than a decade later, an initiative to bring back the majestic animals was born, with newly formed charity Rhino Fund Uganda approaching Captain Joseph Charles Roy, former pilot and owner of Ziwa cattle ranch, which they had targeted as prime rhino habitat, with the idea that he should move the herds of cattle out, and rhino in.

 

 

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