China Warns Its Citizens Against Traveling to the United States - Jordan News
Earlier in April, Trump announced reciprocal tariffs on all countries, with a minimum rate of 10%.
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Putin and Trump Expected to Meet "In the Coming Days" - Jordan News
Putin and Trump Expected to Meet "In the Coming Days" The Kremlin announced on Thursday that a meeting between U.S. President Donald Trump and Russian President Vladimir Putin is expected to take place 'in the coming days,' as preparations for the summit are underway. اضافة اعلان Russia's RIA Novosti news agency quoted presidential aide Yuri Ushakov as saying, 'Based on a proposal from the American side, a preliminary agreement has been reached to hold a bilateral summit in the coming days.' – AFP
Jordan News
6 hours ago
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Dollar Continues to Decline Amid Concerns Over U.S. Economy - Jordan News
Dollar Continues to Decline Amid Concerns Over U.S. Economy The U.S. dollar continued its decline against major currencies on Thursday, as expectations grew that the Federal Reserve would cut interest rates and concerns mounted over the influence of partisan politics on key American institutions. اضافة اعلان Markets are now anticipating the release of initial jobless claims data, following last week's disappointing non-farm payroll figures that weighed heavily on the dollar. Meanwhile, the euro received a boost ahead of anticipated talks next week aimed at ending the war between Russia and Ukraine. The British pound remained steady ahead of the Bank of England's monetary policy announcement, with markets widely expecting another interest rate cut. Last week, President Donald Trump dismissed the official responsible for labor data, which he disapproved of. Attention has now shifted to his nominations to fill an upcoming vacancy on the Federal Reserve Board of Governors, as well as candidates for the next Fed Chair. 'All of this points to increasing political risks surrounding the U.S. dollar,' said Tony Sycamore, market analyst at IG. 'And on top of that, we have weak data coming in.' He added that any progress toward ending the war in Ukraine 'would be a positive driver for the euro.' The U.S. dollar index, which measures the currency's performance against a basket of six major counterparts, held steady at 98.133 after falling 0.6% in the previous session. The greenback was little changed against the Japanese yen, trading at 147.35 yen. The euro rose 0.1% to $1.1671.
Jordan Times
8 hours ago
- Jordan Times
Trump-Putin meeting agreed for 'coming days', venue set: Kremlin
MOSCOW — The Kremlin said Thursday that a summit between Presidents Donald Trump and Vladimir Putin was set for the "coming days", with the two sides already having agreed the venue "in principle." The summit would be the first between sitting US and Russian presidents since Joe Biden met Putin in Geneva in June 2021, and comes as Trump seeks to broker an end to Russia's military assault on Ukraine. Three rounds of direct talks between Moscow and Kyiv have failed to yield any progress towards a ceasefire, with the two sides appearing far apart in their demands to end the more than three-year-long conflict. Trump said Wednesday he was likely to meet Putin face-to-face "very soon." "At the suggestion of the American side, an agreement has been reached in principle to hold a bilateral summit in the coming days," Kremlin aide Yuri Ushakov was quoted as saying on Thursday by Russian state news agencies. "We are now starting to work out the details together with our American colleagues," Ushakov said. The Kremlin said a venue had been agreed "in principle", but did not indicate where the summit could take place "Next week has been set as a target date," Ushakov added. Zelensky calls for meeting Tens of thousands have been killed since Russia launched its military offensive on Ukraine in February 2022. Russian bombardments have forced millions for flee their homes and destroyed swathes of eastern and southern Ukraine. Putin has resisted multiple calls from the United States, Europe and Kyiv for a ceasefire. At talks in Istanbul, Russian negotiators have outlined hardline territorial demands if Ukraine wants Russia to halt its advance -- calling for Kyiv to withdraw from territory it still controls and renounce Western military support. Moscow has also repeatedly sought to cast doubt on Zelensky'slegitimacy and ruled out a meeting between the two leaders until after the terms of a peace deal have been agreed. The announcement of the upcoming summit comes a day after US envoy Steve Witkoff met Putin in Moscow. Witkoff proposed a trilateral meeting with Ukrainian President Volodymyr Zelensky, but Russia did not respond to that proposal, Ushakov said. "The Russian side left this option completely without comment," he added. Zelensky earlier Thursday had refreshed his call for a meeting with Putin -- which he says is the only way to make progress towards peace. "We in Ukraine have repeatedly said that finding real solutions can be truly effective at the level of leaders," Zelensky wrote on social media. "It is necessary to determine the timing for such a format and the range of issues to be addressed," he added. The Ukrainian leader said Thursday morning that he had planned to hold "several" conversations throughout the course of the day including with German Chancellor Friedrich Merz, as well as French and Italian officials.s "There will also be communication at the level of national security advisors," Zelensky added. "The main thing is for Russia, which started this war, to take real steps to end its aggression," Zelensky added.
