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Trump orders tariffs on dozens of countries in push to reshape global trade - International

Trump orders tariffs on dozens of countries in push to reshape global trade - International

Al-Ahram Weekly6 days ago
President Donald Trump ordered the reimposition of tariffs on dozens of trading partners Thursday -- his cornerstone strategy for reshaping global trade to benefit the US economy.
However, in a minor reprieve that opens the door to further negotiations, the White House said these measures will take effect in a week, not Friday as previously expected.
The tariffs are a demonstration of raw economic power that Trump sees putting US exporters in a stronger position while encouraging domestic manufacturing by keeping out foreign imports.
But the muscular approach has raised fears of inflation and other economic fallout in the world's biggest economy.
And with questions hanging over the effectiveness of bilateral trade deals already struck -- including with the European Union and Japan -- the outcome of Trump's plan remained uncertain.
Trump's new measures in an executive order raises duties on nearly 70 economies, from a current 10 percent level imposed in April when he unleashed "reciprocal" tariffs citing unfair trade practices.
The steeper levels, varying by trading partner, go as high as 41 percent.
Trump also adjusted some tariff levels threatened in April, with Switzerland now facing a higher 39 percent duty and Thailand a lower 19 percent rate.
The tariff on Taiwanese products was revised down to 20 percent, but its President Lai Ching-te vowed to seek an even lower level.
Trump separately hiked tariffs on Canadian goods to 35 percent, though indicating in an NBC interview he was open to further talks. Canada and Mexico face a separate tariff regime. But exemptions remain for imports entering the United States under a North American trade pact.
"No doubt about it -- the executive order and related agreements concluded over the past few months tears up the trade rule book that has governed international trade since World War II," said Wendy Cutler, senior vice president of the Asia Society Policy Institute.
"Whether our partners can preserve it without the United states is an open question," she added.
Frantic negotiations
The elevated duties come after Washington twice postponed their implementation amid a frantic series of negotiations, alongside announcements of new duties and deals with partners.
Just Thursday, Trump announced he was delaying a tariff hike on Mexican products, keeping levels at 25 percent with existing exemptions. The 90-day postponement followed talks with his counterpart Claudia Sheinbaum.
The 79-year-old Republican has made tariffs core to his protectionist brand of hard-right politics. On Thursday, he claimed that the US economy had "no chance of survival or success" without tariffs.
But the latest salvo came amid legal challenges against Trump's use of emergency economic powers. After a lower court said the president exceeded his authority, the US Court of Appeals heard arguments Thursday in cases against Trump's blanket tariffs targeting different countries.
While Trump has touted a surge in customs revenues this year, economists warn the duties could fuel inflation.
Proponents of his policy argue their impact will be one-off, but analysts are awaiting further data to gauge for more persistent effects.
China question mark
Those who managed to strike deals with Washington to avert steeper threatened levies were Vietnam, Japan, Indonesia, the Philippines, South Korea and the EU.
Britain also reached a pact with the United States, although it was not originally targeted by higher "reciprocal" tariffs.
For Canada, transshipped goods to evade its 35 percent duty would face even higher levels, said a White House fact sheet. Its trade ties with Washington faced renewed threat after Prime Minister Mark Carney announced plans to recognize a Palestinian state at the UN General Assembly in September.
Trump's latest order however appeared to raise tariffs on several countries not initially targeted in April -- to 15 percent -- including Ecuador, Ghana and Iceland.
Notably excluded from the drama was China, which faces an August 12 deadline instead, when duties could bounce back to higher levels.
Washington and Beijing at one point brought tit-for-tat tariffs to triple-digit levels, but both countries have agreed to temporarily lower these duties and are working to extend their truce.
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When nukes do the talking - World - Al-Ahram Weekly
When nukes do the talking - World - Al-Ahram Weekly

Al-Ahram Weekly

time3 hours ago

  • Al-Ahram Weekly

When nukes do the talking - World - Al-Ahram Weekly

Trump deployed two nuclear submarines last week in an escalation of the war of words between the US and Russia over Ukraine. Last Thursday, former president of Russia Dmitry Medvedev, now deputy chairman of the Security Council of the Russian Federation, wrote on X that 'Trump's playing the ultimatum game with Russia: 50 days or 10… He should remember two things: first Russia isn't Israel or even Iran. Second, each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with his own country. Don't go down the Sleepy Joe road!' The next day US President Donald Trump wrote on Truth Social that 'based on the highly provocative statements of Dmitry Medvedev, I have ordered two nuclear submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that. Words are very important and can often lead to unintended consequences; I hope this will not be one of those instances. Thank you for your attention to this matter!' Two days later, the Russian Interfax news agency reported that Russian and Chinese vessels were moving in a joint detachment including a large Russian anti-submarine ship and two Chinese destroyers in the Sea of Japan. It said diesel-electric submarines from the two countries were also involved, as well as a Chinese submarine rescue ship. The manoeuvres are part of the Maritime Interaction 2025 exercises that are scheduled to end this week. It is unlikely that these exercises are directly related to the statements made by Trump and Medvedev. However, the deployment of the two US nuclear submarines remains a noteworthy development, as they have long been among the most important deterrent tools in the United States armoury. This is due to their exceptional ability to travel in ocean waters undetected, their unlimited range thanks to nuclear propulsion, and their lethal firepower, whether through cruise missiles or nuclear missiles. 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In July, Reuters reported that 'Trump announced new weapons for Ukraine… and threatened sanctions on buyers of Russian exports unless Russia agrees a peace deal, a major policy shift brought on by frustration with Moscow's ongoing attacks on its neighbour.' A White House official said Trump was referring to 100 per cent tariffs on Russian goods as well as secondary sanctions on other countries that buy its exports. Eighty-five of the 100 US senators are co-sponsoring a bill that would give Trump the authority to impose 500 per cent tariffs on any country that helps Russia, but the Chamber's Republican leaders have been waiting for Trump to give them the go-ahead for a vote. Starting this month, US news outlets also reported that the US and NATO are developing a novel funding mechanism for transferring weapons to Ukraine, known by the acronym PURL (Priority Ukraine Requirements List). Despite this, Trump has been consistently leaving the door open to Russia by insisting on providing only defensive weapons, specifically the Patriot system, which remains one of the most sought-after systems by the Ukrainian leadership in their effort to defend Ukrainian airspace from the ongoing missile attacks on their cities. Trump also refuses to approve the transfer of long-range offensive weapons, particularly the JASSM and ATACMS missiles, which would allow the Ukrainian Army to strike deep into Russian territory with greater effectiveness and destructive impact compared to the limited effect of suicide drones. Undoubtedly, the new defensive systems will strengthen Ukraine's air-defence network, especially if the new mechanism succeeds in sustaining the logistical supply of missiles for the batteries. 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Although he wrote this in 500 BCE, it is an accurate description of the Ukrainian battlefield since the war began in 2022. The Ukrainians have mastered the art of finding tactical solutions, but they rely entirely on US and European weapons and supplies. This dependence has prevented them from developing an effective strategy to expel Russian forces. In contrast, the Russian side has had the upper hand in creating a comprehensive strategy to replenish its weapons stockpiles, maintain combat momentum, and bring about the attrition of the Western-supplied arsenals used by the Ukrainian Army. Nevertheless, Russian battlefield tactics do not guarantee rapid or decisive advances, which increases Russian losses in both personnel and equipment. Last weekend, Trump said his envoy Steve Witkoff would travel to Russia in the coming days as the president called for an end to the conflict in Ukraine, according CNN. The contours of Trump's strategy to end the war are becoming clearer, as he seeks to strike another deal with the Russian side, wielding the threat of sanctions rather than offensive weapons or direct harm. This shifts the ball into Moscow's court. Will it accept the terms of the American proposal, or choose to continue the war, especially given the absence of any battlefield deterrent preventing Russian forces from advancing in eastern Ukraine? The coming weeks may prove decisive in answering this question. * A version of this article appears in print in the 7 August, 2025 edition of Al-Ahram Weekly Follow us on: Facebook Instagram Whatsapp Short link:

Combating illegal migration - Features - Al-Ahram Weekly
Combating illegal migration - Features - Al-Ahram Weekly

Al-Ahram Weekly

time4 hours ago

  • Al-Ahram Weekly

Combating illegal migration - Features - Al-Ahram Weekly

On 30 July, the Foreign Ministry announced that a boat had sunk off the coast of the Libyan city of Tobruk carrying Egyptian citizens. The Egyptian Consulate General in Benghazi dispatched a delegation to coordinate with the Libyan authorities for the transfer of the bodies to Egypt and to repatriate the survivors. Despite the fact that no illegal migration boats have left Egyptian shores since 2016 when Egypt announced zero boats leaving its coasts, some young men have left Egypt to cross the Mediterranean via neighbouring countries. Efforts are being made in Egypt to find safe alternatives for them after studying the main reasons behind illegal migration. According to a study issued by the State Information Service in 2022, there are several factors responsible for illegal immigration, including economic issues such as unemployment, low wages, and poor living standards, and social factors such as a lack of family ties. Overpopulation can also drive individuals to seek opportunities elsewhere. The state's efforts at the local level to combat illegal migration began with the launch of the first national strategy to combat it in 2016. Law 82/2016 fights illegal migration by imposing deterrent penalties criminalising all forms of migrant smuggling, along with combating the activities of institutions involved in this crime. It also established the National Co-coordinating Committee for Combating and Preventing Illegal Migration and Trafficking in Persons (NCCPIM&TIP). Egypt participated in the Rome Declaration of the European Union-Horn of Africa Initiative to assist African countries in combating the causes of illegal migration in November 2014 and at the Valletta Summit in Malta on illegal migration in November 2015. In June 2016, Egypt chaired and hosted in Sharm El-Sheikh the second ministerial meeting of the African Union-Horn of Africa Initiative on Human Trafficking and Migrant Smuggling, and in March 2017 Egypt and Italy launched a joint initiative to train police officers from 22 African countries to combat illegal migration. The Ministry of Immigration has begun implementing the presidential Rescue Boats Initiative designed to raise awareness among the most vulnerable groups about the dangers of illegal migration and safe alternatives, according to a plan developed to include 14 governorates and those most prone to illegal migration. The plan also includes training and qualification programmes for the labour market and entrepreneurship, field visits, and door-to-door campaigns to raise awareness among families and minors. Egypt also hosted the First Regional Forum of National Coordinating Bodies to Combat Human Trafficking and Migrant Smuggling in Africa in November 2019. The Ministry of Manpower has been providing opportunities for Egyptian young people to train and work in European countries. Furthermore, the government has been working on raising the awareness of young people about the dangerous outcomes of illegal migration through establishing partnerships with international organisations. RAISING AWARENESS: In 2007, the hovernment established NCCPIM&TIP, which aims at raising the awareness of vulnerable groups about illegal migration and building their capacities. It also aims at building a comprehensive legal framework to protect them and ensure their rights while confronting smugglers. Chairperson of the NCCPIM&TIP Naela Gabr told Al-Ahram Weekly that the organisation 'started in 2007 by first establishing a committee to look into trafficking in persons. We worked on preparing a draft law, Law 64 of 2010, on trafficking, and we had some partners working with us from different ministries.' 'At that time, the committee was under the umbrella of the Foreign Ministry, but I suggested that it be affiliated to the cabinet instead. In 2013, then prime minister Hazem Al-Biblawi advised the Foreign Ministry to establish a committee on combating illegal migration, and this started preparing a draft law on illegal migration, the first of its kind in the Middle East, namely Law 82/2016,' she said, adding that the law sanctions the smugglers, but not the smuggled migrants. Members of the committee are chosen according to their background and previous experience, preferably related to the field of justice and human rights including in the Ministry of Justice, the Ministry of Interior, or the Ministry of Manpower. Some of the smuggling is linked to money laundering, and this means the inclusion of representatives of the Anti-Money Laundering and Terrorist Financing Unit and the Administrative Control Authority in the NCCPIM&TIP. The organisation is 'mandated to draft and amend laws and combat crimes,' Gabr said. 'We are mandated to organise awareness campaigns and to train all the concerned parties like those working in social services and for the ministries of justice and interior. We also train teachers, judges, and diplomats, both Egyptians and foreigners. We offer lectures in three languages, Arabic, French, and English.' They are also working with concerned regional and international organisations in terms of preparing studies, strategies, and action plans, she added. From 2017 to 2024, the NCCPIM&TIP trained 2,796 trainees from the law enforcement and justice authorities, 2,208 from the protection authorities, 1,689 from other national entities, and 2,230 from target groups including youth and their families. In 2016, two studies were prepared that led to the production of a map of Egypt that identified governorates and towns and cities associated with illegal migration such as Kafr Al-Sheikh, Fayoum, Assiut, Luxor, Minya, Beheira, Sharqiya, Daqahliya, Qalioubiya, Menoufiya, and Gharbiya. The NCCPIM&TIP organised media campaigns like 'Your Family... Your Dream… Your Life... No to Illegal Migration' in 2017, which aimed to raise awareness about illegal migration, and another campaign in 2018 called 'Aware of Migrants… Spread the Word… Save a Life.' In 2021, it produced documentary films in partnership with different Ministries. A documentary was filmed in the same year by the Egyptian national handball team and influencers to raise awareness of the dangers of illegal migration. In 2022, the NCCPIM&TIP launched a campaign, 'Your Life is Worth It, Don't Give it Up Easily,' and another documentary about Egyptian migrants returning from abroad. In 2023, it started the current campaign, 'Your Decision will Choose Your Story,' aiming to raise the awareness of youth about illegal migration and safe alternatives. 'There was another campaign with Egyptian football player Hamada Emam, in addition to our latest campaign. 'Your Decision will Choose Your Story' is my favourite, as it is to the point and draws a clear contrast between two scenarios,' Gabr said. She added that they have led other campaigns raising the awareness of young people about exploitation and forms of human-trafficking like contractual marriages and forced labour as well as trafficking in human organs. The NCCPIM&TIP has also launched anti-trafficking in persons media campaigns like 'Facts' on social media (2018), 'Together Against Trafficking in Persons' (2019-2023), which featured documentaries, radio and television announcements, and text messages, and the 'Your Life has Value' campaign (2020). It produced a commemorative LE5 coin with the slogan 'Together Against Trafficking in Persons' in 2022, a visual media campaign in 2023, and a cartoon film. 'My audiences are all Egyptians, both young and old. They are mainly made up of young people between the ages of 18 and 34, but it is not sufficient to speak with them alone. We also need to speak with their families who provide them with money and support as well as their teachers,' Gabr said. OUTREACH: In December 2024, the NCCPIM&TIP launched a youth conference on illegal migration to raise awareness and identify safe alternatives to migrating illegally. In collaboration with the International Organisation for Migration and the Ministry of Education, it initiated six art competitions for school students, a research competition for Cairo University's Faculty of Economics and Political Science, and the first youth chess championship to combat illegal migration. Since 2015, it has also organised the annual 'Buy Egyptian Art' exhibition to help young people market their handmade products. 'This year our competitions were in technical schools, where students were asked to express themselves through art or music,' Gabr said, adding that she visited all the Egyptian governorates with a special focus on Minya. Apart from the lectures, Gabr says that the best way to address young people is through the stories of successful young men and women. 'Every time I visit other governorates, I present success stories to inspire young people. They tell the attendees about what they do to earn a living. I also have representatives of funds like the Micro Small and Medium-Sized Enterprises Fund tell young people how they could support them as well as members of the National Council for Women [NCW] because giving housewives financial support is also part of the solution,' she said. 'If women have a status in the family, they can protect and advise their children and prevent them from illegally immigrating,' she says, adding that the NCW also teaches them traditional handcrafts like talli, a form of traditional embroidery. According to Gabr, the National Referral Mechanism supports returnees (those returning from illegal migration) under Law 82/2016, providing them with technical know-how on how to facilitate their return to society and to enable them to work. 'It is a mechanism to empower the detected victims of trafficking, and we are in the process of establishing a similar one for smuggled migrants. We provide the victims with support and have shelters for them. It is formed from members from the Ministry of Foreign Affairs, as the victims are coming from abroad, social solidarity staff dealing with shelters, the NCCPIM&TIP, and the Ministry of Health since the victims usually need health providers, both physical and mental,' she explained. 'But I need more support and attention from the media. We also need more support from the business community in terms of providing jobs for the vulnerable,' Gabr said, adding that they are helping them by leading them to job opportunities and to find jobs. 'We also need to prepare a campaign on new forms of exploitation via social media,' she added. 'My vision is to continue offering support from the government and the international community, agencies, and donors as they play a very important role in helping the country give an example to be followed in combating illegal migration on the legislative or the practical level or the level of studies.' 'This is the best way of protecting European countries from illegal migration. But we need support from these countries in terms of providing jobs for Egyptian youth through development projects in Egypt and facilitating legal migration,' Gabr said. Mohamed Tharwat from Sharqiya had been considering leaving the country until he joined the Multi-Educational Programme for Employment Promotion in Migration-Affected Areas (MEPEP), which has changed his life. He is now the owner of a car-maintenance centre in Egypt. 'I had always wanted to travel to Italy in any way possible, and I was saving for the opportunity. I had no idea what field I was going to work in at the time. At the same time, I was afraid to migrate illegally because I was afraid that I would not survive,' Tharwat said. 'I have a passion for cars, but I did not know how to start or who would teach me if I wanted to work with cars instead. Then I found an advertisement on the Internet and I filled in an application. After a month I received a call informing me that I had been accepted at the Istituto Salesiano Don Bosco, an Italian institute. I joined the car-maintenance training course and learnt a lot about fixing cars. I then used the money I had saved for migration to launch my own project, a car-maintenance centre,' he said. MEPEP is a programme that has been working on both raising awareness and providing training and job opportunities for youth in vulnerable areas. It is a programme that was funded by the European Union Emergency Trust Fund (EUTF) and was intended to address the root causes of irregular migration and displaced persons in Africa. It was also funded and implemented by the Italian Agency for Development Cooperation (AICS). It has been working with the Egyptian government represented by the Ministry of Trade and Industry and Ministry of Education and Technical Education. MEPEP aims at addressing the root causes of illegal migration by fostering a more inclusive social and economic environment through improving Technical and Vocational Education and Training (TVET) in Egypt. EU-MEPEP focuses on curricula enhancement, modern teaching methodologies, skills acquisition for students and building sustainable employment pathways, bridging the gap between education and the labour market. 'MEPEP is part of the 16 million Euro bilateral programmes with Egypt under the EUTF, the EU's programme that supports Egypt's 2030 Vision for sustainable growth and social inclusion,' said head of section for governance, social inclusion, and migration at the European Union Delegation in Egypt Anne Kofoed. 'It is a vision that addresses the creation of opportunities for youth in migration-affected areas. It is also a vision addressing the drivers of irregular migration through stable socio-economic development.' Kofoed said that the success of such projects lies in their ability to address skill gaps through individual and international efforts to modernise TVET. 'As we look to the future, we need to build on these successful efforts. Let us strive to build opportunities to empower individuals, support sustainable development, and address the root causes of migration and also to strengthen the TVET sector here in Egypt,' she said. 'The project was a real start to develop a sustainable partnership in developing vocational and technical education that matches the goals of the Ministry of Industry to improve the quality of technical and professional skills of workers. It has resulted in the development of the quality of vocational education, as well as catering to the needs of the labour market through developing educational syllabuses and presenting youth with modern skills, providing more job opportunities and enhancing co-operation with parties in the private sector and developing infrastructure,' said Director of TVET at the Ministry of Industry Ehab Abdallah. 'This initiative aimed at preparing well-qualified managers ready for the labour market and a generation of young people able to excel whether in Egypt or abroad. It provides training opportunities in many factories as well as applied technology schools,' commented Director of Government Relations at the Federation of Egyptian Industries Gehad Amer. 'We aim at improving the quality of training and education in industry and to enhance the abilities of our young people so that they are ready for the labour market,' Amer said, adding that 'I hope future projects will also focus on empowering women in the workplace.' * A version of this article appears in print in the 7 August, 2025 edition of Al-Ahram Weekly Follow us on: Facebook Instagram Whatsapp Short link:

Gold Continues to Rise Locally and Globally Amid Escalating Trade Tensions and Growing Rate-Cut Bets
Gold Continues to Rise Locally and Globally Amid Escalating Trade Tensions and Growing Rate-Cut Bets

See - Sada Elbalad

time5 hours ago

  • See - Sada Elbalad

Gold Continues to Rise Locally and Globally Amid Escalating Trade Tensions and Growing Rate-Cut Bets

Waleed Farouk Gold prices recorded notable gains in both local and international markets on Thursday, driven by escalating trade tensions and renewed fears of a global economic slowdown. The rally is supported by a combination of interlinked factors, most notably a weakening U.S. dollar and mounting expectations that the Federal Reserve will cut interest rates at its upcoming meeting. The price of 21-karat gold rose by EGP 15 to reach EGP 4,600 per gram, up from EGP 4,585 yesterday. Meanwhile, spot gold gained $7 globally, reaching $3,378 per ounce. Other gold karats were priced as follows: 24-karat: EGP 5,257 18-karat: EGP 3,943 14-karat: EGP 3,067 Gold pound: EGP 36,800 Wednesday's trading session was relatively stable, with 21-karat gold opening and closing at EGP 4,585. Globally, gold declined slightly from $3,379 to $3,371 per ounce. U.S. Tariffs Fuel Market Unrest and Boost Gold's Appeal Gold continues to find support globally amid renewed demand for safe-haven assets, particularly after U.S. President Donald Trump's punitive tariffs officially came into effect. These sweeping tariffs target dozens of countries with increases ranging between 10% and 50%, including a 100% tariff on imported semiconductors unless manufactured domestically. This aggressive trade stance sparked global concerns over a new wave of economic protectionism, pressuring the U.S. dollar to its lowest level in a week and a half at 98.00 points, and enhancing gold's attractiveness for non-dollar investors. Rate-Cut Bets Push Gold Higher According to the CME FedWatch Tool, markets are now pricing in a 93% probability that the Federal Reserve will cut interest rates by 25 basis points at its September meeting—up sharply from just 48% a week ago. This shift is backed by remarks from several key Fed officials on Wednesday, including Neel Kashkari (President of the Minneapolis Fed), Mary Daly (San Francisco Fed), and Lisa Cook (Fed Governor), all of whom expressed support for monetary easing in light of weakening labor market data and economic indicators. In an interview with CNBC, Kashkari stated: 'The economy is slowing, and it may be appropriate to begin adjusting interest rates soon… Two rate cuts this year remain a viable option.' China Expands Gold Reserves for Ninth Consecutive Month In related news, the People's Bank of China confirmed it continued building its gold reserves in July, marking the ninth straight month of accumulation. Official data showed holdings rose to 73.96 million ounces, valued at $243.99 billion, up from 73.90 million ounces and $242.93 billion in June. According to Bloomberg, China has maintained a long-term strategy of diversifying away from the U.S. dollar. Since November 2022, the country has added over 180 tonnes of gold to its official reserves—a move seen as a deliberate pivot toward hard assets amid intensifying geopolitical tensions. Outlook: Could Gold Reach a New All-Time High? Analysts at NAB bank expect the bullish momentum to persist through 2026, projecting an average gold price of $3,220 per ounce in 2025 and $3,475 in 2026. These expectations are supported by ongoing economic slowdown concerns and increasing global shifts toward monetary easing. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani Sports Get to Know 2025 WWE Evolution Results

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