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German leader on ‘terrible' impact of Trump's tariffs

German leader on ‘terrible' impact of Trump's tariffs

CNN6 days ago

German leader on 'terrible' impact of Trump's tariffs
In an interview with CNN's Jake Tapper, German Chancellor Friedrich Merz talks about the impact President Trump's tariffs are having on the auto industry.
01:13 - Source: CNN
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German leader on 'terrible' impact of Trump's tariffs
In an interview with CNN's Jake Tapper, German Chancellor Friedrich Merz talks about the impact President Trump's tariffs are having on the auto industry.
01:13 - Source: CNN
DNC Trolls Trump with Taco Truck
The Democratic National Committee parked a taco truck outside the RNC headquarters in Washington DC Tuesday, as a way to troll the president over an acronym created by a Financial Times commentator about the president's frequent walk backs and pauses to his tariff's.
00:52 - Source: CNN
Greta Thunberg sails to Gaza
Greta Thunberg has set sail with eleven other activists to Gaza. The activist group they're part of, The Freedom Flotilla Coalition, is attempting to bring aid and raise international awareness over the ongoing humanitarian crisis in the territory.
01:00 - Source: CNN
Cassie Ventura's friend testifies Diddy held her over a balcony
Bryana Bongolan, a friend of Cassie Ventura who goes by Bana, testified today about an incident with Sean 'Diddy' Combs in 2016 when she said that she was 'held over a 17-story balcony' by the music mogul. CNN's Elizabeth Wagmeister reports.
01:48 - Source: CNN
Record rain floods Mexico City, traps people
Mexico City was hit with record rainfall that didn't relent for more than five hours Monday night, marking the heaviest rain since 2017, according to water management officials. CNN's Valeria León walks a flooded avenue of the nation's capital after emergency crews worked through the night to rescue several trapped drivers.
00:43 - Source: CNN
ICE chief defends agents wearing masks during immigration raids
Acting ICE Director Todd Lyons is defending federal immigration agents for wearing masks during raids across the US, citing safety concerns. The tactic has sparked backlash and raised questions about transparency and accountability.
00:58 - Source: CNN
Analysis: Why Ukraine's drone attack on Russia just changed the world
CNN's Jim Sciutto explains why Ukraine's large-scale drone attack on Russian air bases thousands of miles behind the front lines struck fear into the heart of every global superpower
01:05 - Source: CNN
Social media video appears to show escaped inmate
A video posted online appears to show Antoine Massey, one of two men who remains on the run after escaping a New Orleans jail, declaring his innocence. Deputy US Marshal Brian Fair told CNN that the US Marshals Service received the video Monday and that the agency is looking into it.
01:08 - Source: CNN
Three attacks in two months: American Jews on edge
CNN's Bianna Golodryga breaks down the three high-profile recent attacks on Jewish elected officials, diplomats and community events that are putting American Jews and government officials on edge.
01:58 - Source: CNN
Police shut down All-American Rejects backyard gig in college town
The All-American Rejects played a backyard gig in Columbia, Missouri, as part of their House Party Tour protesting against expensive arena shows. Police eventually shut it down, but not before letting the band play one final song.
01:05 - Source: CNN

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UK economy contracted sharply in April after Trump's tariffs
UK economy contracted sharply in April after Trump's tariffs

Yahoo

time26 minutes ago

  • Yahoo

UK economy contracted sharply in April after Trump's tariffs

The UK economy shrank more than expected in April as the worst of President Trump's tariffs hit, according to the latest official figures. The standard measure of economic output (GDP) contracted a sharp 0.3% in April, data from the Office for National Statistics (ONS) showed. During the month, Mr Trump's so-called "Liberation Day" applied steep tariffs to countries around the world and sparked a trade war with China, the world's second-largest economy. It's worse than expected by economists. A contraction of just 0.1% had been forecast by economists polled by the Reuters news agency. Bad news for Reeves It's bad news for Chancellor Rachel Reeves, who has made the push for economic growth her number one priority. Additional costs on businesses were also levied during the month, as higher minimum wages and employer national insurance contributions took effect. When looked at over a three-month period, however, the economy grew. The expectation of trade upset looks to have pushed business activity forward to the first few months of the year. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.

Trump booed and cheered at the Kennedy Center while attending 'Les Misérables'
Trump booed and cheered at the Kennedy Center while attending 'Les Misérables'

Yahoo

time29 minutes ago

  • Yahoo

Trump booed and cheered at the Kennedy Center while attending 'Les Misérables'

WASHINGTON (AP) — The drama in the audience rivaled the spectacle on stage on Wednesday at the Kennedy Center, where President Donald Trump went to the opening night of 'Les Misérables' as he tightens his grip on the venerable performing arts institution. It was his first time attending a show there since his election, and he was booed and cheered as he took his seat alongside first lady Melania Trump. Near the end of the intermission, someone loudly cursed his name, drawing applause. Several drag queens were in the crowd, their presence a protest against Trump's complaints that the Kennedy Center had hosted too many drag shows in the past. Despite the condemnation, the event had a MAGA-does-Broadway feel. Ric Grenell, the Trump-appointed interim leader of the Kennedy Center, was there, as were Vice President JD Vance and his wife, Usha. Before the show began, Attorney General Pam Bondi chatted with guests and Health and Human Services Secretary Robert F. Kennedy Jr. took selfies. Laura Loomer, the conspiracy theorist who has advised Trump on personnel decisions, posted a video from a seat near the stage. Trump walked the red carpet with the first lady when they arrived at the Kennedy Center, which he's been remaking in his image while excising what he describes as liberal ideology. 'We want to bring it back, and we want to bring it back better than ever,' Trump said. The Republican president has a particular affection for 'Les Misérables,' the sprawling musical set in 19th-century France, and has occasionally played its songs at his events. One of them, 'Do You Hear the People Sing?,' is a revolutionary rallying cry inspired by the 1832 rebellion against the French king. The three-hour production featured singing and dancing, with the sounds of explosions and gunfire filling the theater as protesters and soldiers clashed on stage. For Trump's critics, it was an unnerving echo of what's unfolding in Los Angeles, where Trump has deployed National Guard troops in response to protests over his deportation policies. 'Someone explain the plot to him," California Gov. Gavin Newsom, a Democrat, wrote on social media. Terry Gee, a bartender, bought his ticket for the show in November and didn't mind Trump's presence. It's his sixth time seeing 'Les Misérables,' and he said, 'I'm going to enjoy the show regardless." Hannah Watkins, a nurse, only learned that Trump would be there when the Kennedy Center distributed information about extra security and she searched online to see what was happening. 'I've seen a lot of famous people so far, which is exciting,' said Watkins, who had claimed a spot near the VIP entrance with her mother. 'Honestly, we just like 'Les Mis' and are excited to be here.' Before Trump, presidential involvement in the Kennedy Center's affairs had been limited to naming members to the board of trustees and attending the taping of its annual honors program in the fall. But after returning to office in January, Trump stunned the arts world by firing the Kennedy Center's longtime director and board and replacing them with loyalists, who then named him as chairman. Trump promised to overhaul its programming, management and even appearance as part of an effort to put his stamp on the national arts scene. His latest moves have upset some of the center's patrons and performers. In March, the audience booed the Vances after they slipped into upper-level seats to hear the National Symphony Orchestra. Trump appointed Usha Vance to the Kennedy Center board along with Bondi, White House chief of staff Susie Wiles and Fox News Channel hosts Maria Bartiromo and Laura Ingraham, among other supporters. Sales of subscription packages are said to have declined since Trump's takeover, and several touring productions, including 'Hamilton,' have canceled planned runs at the center. Actor Issa Rae and musician Rhiannon Giddens scrapped scheduled appearances, and Kennedy Center consultants including musician Ben Folds and singer Renée Fleming resigned. Understudies may have performed in some roles Wednesday night because of boycotts by 'Les Misérables' cast members, but Trump said he wasn't bothered by anyone skipping the performance. 'I couldn't care less,' he said. Since returning to the White House in January, Trump has adopted a more aggressive posture toward the arts. The White House has taken steps to cancel millions of dollars in previously awarded federal humanities grants to arts and culture groups, and Trump's budget blueprint proposed eliminating the National Endowment for the Arts and the National Endowment for the Humanities. Trump has also targeted Smithsonian museums by signing executive orders to restrict their funding and by attempting to fire the director of the National Portrait Gallery. The president characterized previous programming at the Kennedy Center as 'out of control with rampant political propaganda' and said it featured 'some very inappropriate shows,' including a 'Marxist anti-police performance' and 'lesbian-only Shakespeare.' The Kennedy Center, which is supported by government money and private donations, opened in 1971 and for decades has been seen as an apolitical celebration of the arts. It was first conceived in the late 1950s during the administration of Republican President Dwight Eisenhower, who backed a bill from the Democratic-led Congress calling for a National Culture Center. In the early 1960s, Democratic President John F. Kennedy launched a fundraising initiative, and his successor, President Lyndon B. Johnson, signed into law a 1964 bill renaming the project the John F. Kennedy Memorial Center for the Performing Arts. Kennedy had been assassinated the year before. ___ Associated Press writer Mark Kennedy in New York contributed to this report. Darlene Superville And Chris Megerian, The Associated Press

3 European Penny Stocks With Market Caps Under €1B
3 European Penny Stocks With Market Caps Under €1B

Yahoo

time29 minutes ago

  • Yahoo

3 European Penny Stocks With Market Caps Under €1B

The European market has shown resilience, with the pan-European STOXX Europe 600 Index rising by 0.90% as inflation slowed and the European Central Bank eased monetary policy. Amidst these developments, investors are increasingly interested in exploring opportunities within smaller companies that offer potential for growth at lower price points. While the term "penny stocks" might seem outdated, it still captures the essence of investing in smaller or newer companies that can provide value and growth potential when backed by strong financials. Name Share Price Market Cap Financial Health Rating Mistral Iberia Real Estate SOCIMI (BME:YMIB) €1.01 €22M ★★★★★☆ Angler Gaming (NGM:ANGL) SEK3.66 SEK274.45M ★★★★★★ Cellularline (BIT:CELL) €3.23 €68.13M ★★★★★☆ Fondia Oyj (HLSE:FONDIA) €4.65 €17.39M ★★★★★★ Abak (WSE:ABK) PLN4.20 PLN11.32M ★★★★★★ Bredband2 i Skandinavien (OM:BRE2) SEK2.385 SEK2.28B ★★★★☆☆ Hifab Group (OM:HIFA B) SEK3.66 SEK222.67M ★★★★★★ Euroland Société anonyme (ENXTPA:MLERO) €3.26 €9.49M ★★★★★★ Deceuninck (ENXTBR:DECB) €2.205 €304.43M ★★★★★★ Netgem (ENXTPA:ALNTG) €0.964 €32.28M ★★★★★★ Click here to see the full list of 445 stocks from our European Penny Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Enapter AG designs, manufactures, and sells hydrogen generators with a market cap of €79.66 million. Operations: The company generates €24.82 million in revenue from designing and producing hydrogen generators. Market Cap: €79.66M Enapter AG, with a market cap of €79.66 million, is navigating the penny stock landscape by leveraging its advancements in hydrogen production technology. Recent announcements highlight significant efficiency improvements in their AEM megawatt electrolyzers and robust demand, evidenced by a substantial order from Greece. Despite these technological strides, Enapter faces financial challenges, including an increased net loss of €20.73 million for 2024 and auditor concerns about its viability as a going concern. The company's strategic initiatives include AI-driven optimizations and partnerships to enhance product offerings but are counterbalanced by high debt levels and short cash runway forecasts. Navigate through the intricacies of Enapter with our comprehensive balance sheet health report here. Explore Enapter's analyst forecasts in our growth report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Glenveagh Properties PLC, along with its subsidiaries, focuses on constructing and selling houses and apartments for private buyers, local authorities, and the private rental sector in Ireland, with a market cap of approximately €989.50 million. Operations: The company generates revenue through three main segments: Suburban (€631.28 million), Partnerships (€120.01 million), and Urban (€117.91 million). Market Cap: €989.5M Glenveagh Properties, with a market cap of €989.50 million, is actively expanding its housing and apartment construction business in Ireland. The company has demonstrated strong revenue growth across its Suburban, Partnerships, and Urban segments, with total sales reaching €869.2 million for 2024. Earnings have improved significantly over the past year by 107.5%, supported by stable weekly volatility and satisfactory debt levels with interest well covered by EBIT (6.9x). Recent guidance confirms confidence in delivering 1,500 home units and achieving significant revenue from partnerships in 2025 while maintaining a robust land portfolio strategy and completing share buybacks worth €44.3 million. Get an in-depth perspective on Glenveagh Properties' performance by reading our balance sheet health report here. Understand Glenveagh Properties' earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Viscom SE develops, manufactures, and sells inspection systems for industrial production applications across Europe, the Americas, and Asia with a market cap of €42.65 million. Operations: The company's revenue segments include Asia with €28.91 million and the Americas with €12.26 million. Market Cap: €42.65M Viscom SE, with a market cap of €42.65 million, has shown resilience despite recent challenges in its financial performance. The company reported first-quarter 2025 revenue of €20.25 million, an increase from the previous year, while reducing its net loss to €0.266 million from €1.96 million a year ago. Viscom's debt is well-covered by operating cash flow (72.6%), and it trades at good value compared to peers and industry standards, though its share price remains highly volatile. Despite being unprofitable with increasing losses over five years, Viscom maintains satisfactory debt levels and strong asset coverage for liabilities. Click here and access our complete financial health analysis report to understand the dynamics of Viscom. Assess Viscom's future earnings estimates with our detailed growth reports. Gain an insight into the universe of 445 European Penny Stocks by clicking here. Looking For Alternative Opportunities? Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 24 best rare earth metal stocks of the very few that mine this essential strategic resource. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include DB:H2O ISE:GVR and XTRA:V6C. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. 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