logo
Russian strikes kill 10, injure 50 Ukrainians, as new EU fails to pass new sanctions package

Russian strikes kill 10, injure 50 Ukrainians, as new EU fails to pass new sanctions package

New York Posta day ago

At least 10 Ukrainians were killed and 50 others wounded by Russian strikes over the past day, just after the EU stalled on a new sanctions package hoping to tighten the pressure on the Kremlin.
A drone blasted a residential tower block in the port city of Odesa overnight, causing damage to several floors and trapping residents, according to emergency service workers.
4 Two people were killed in 17 injured in the Odesa strike overnight.
via REUTERS
Advertisement
A teacher and her husband died, their bodies found under the debris. Another 17 people were injured, including three children, according to Ukrainian officials.
The offensive in Odesa followed a Russian missile attack that killed at least five people and wounded 25 in the city of Samar in Ukraine's south-east on Friday – the second strike there in three days.
4 A Russian drone blasted a residential tower block in Odesa.
via REUTERS
Advertisement
Another two civilians were also killed in their homes during Moscow's strikes on two villages in the Donetsk region Friday, and another man lost his life in a drone attack on the Kherson region.
The pummeling of Ukrainian cities and the climbing death toll in the three-year war comes as Kyiv marked Constitution Day on Saturday — with Ukrainian President Volodymyr Zelensky taking time to salute the war dead.
'We honored the memory of our defenders whose lives were taken by Russian aggression,' he posted to X.
4 Children were among the injured in the Odesa strike.
via REUTERS
Advertisement
'We remember their sacrifice. Eternal gratitude and respect to the fallen heroes.'
Meanwhile, the European Union extended existing sanctions against Russia for another six months, but the body failed to adopt a new sanctions package due to Slovak opposition Thursday, sources told the Kyiv Independent.
A planned18th sanctions package, which would include new restrictions against the Kremlin's energy and banking sectors, is not expected to be approved until next week as negotiations continue.
4 A residential building was damaged after a Russian drone attack in Odesa in which a married couple was killed.
AFP via Getty Images
Advertisement
Slovakia said it was willing to lift its veto once the EU promises to help mitigate the impact of weaning out Russian energy sources, which the country depends on.
Last week, the UK and Canada escalated sanctions against Russia's financial, military and energy sectors, following the G7 meeting.
'We are coordinating on sanctions with all G7 nations, as well as with other key global jurisdictions,' Zelensky posted on X Saturday.
'Russia's accountability for this war and our sanctions pressure must be operating at full capacity. They must leave no room for Russia or its cronies to adapt.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax
Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

The Hill

time30 minutes ago

  • The Hill

Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

TORONTO (AP) — Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms. U.S. President Donald Trump said Friday that he was suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called 'a direct and blatant attack on our country.' The Canadian government said 'in anticipation' of a trade deal 'Canada would rescind' the Digital Serves Tax. The tax was set to go into effect Monday. Carney and Trump spoke on the phone Sunday, and Carney's office said they agreed to resume negotiations. 'Today's announcement will support a resumption of negotiations toward the July 21, 2025, timeline set out at this month's G7 Leaders' Summit in Kananaskis,' Carney said in a statement. Carney visited Trump in May at the White House, where he was polite but firm. Trump traveled to Canada for the G7 summit in Alberta, where Carney said that Canada and the U.S. had set a 30-day deadline for trade talks. Trump, in a post on his social media network last Friday, said Canada had informed the U.S. that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage with online users in Canada. The digital services tax was due to hit companies including Amazon, Google, Meta, Uber and Airbnb with a 3% levy on revenue from Canadian users. It would have applied retroactively, leaving U.S. companies with a $2 billion U.S. bill due at the end of the month. 'Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress,' Canadian Finance Minister François-Philippe Champagne said in a statement. Champagne also spoke with U.S. Treasury Secretary Scott Bessent on Sunday. Trump's announcement Friday was the latest swerve in the trade war he's launched since taking office for a second term in January. Progress with Canada has been a roller coaster, starting with the U.S. president poking at the nation's northern neighbor and repeatedly suggesting it would be absorbed as a U.S. state. Canada and the U.S. have been discussing easing a series of steep tariffs Trump imposed on goods from America's neighbor. Trump has imposed 50% tariffs on steel and aluminum as well as 25% tariffs on autos. He is also charging a 10% tax on imports from most countries, though he could raise rates on July 9, after the 90-day negotiating period he set would expire. Canada and Mexico face separate tariffs of as much as 25% that Trump put into place under the auspices of stopping fentanyl smuggling, though some products are still protected under the 2020 U.S.-Mexico-Canada Agreement signed during Trump's first term.

Thai finance minister to travel to US for trade talks
Thai finance minister to travel to US for trade talks

Yahoo

timean hour ago

  • Yahoo

Thai finance minister to travel to US for trade talks

BANGKOK (Reuters) -Thai Finance Minister Pichai Chunhavajira said on Monday that he will travel to the United States later in the day for trade talks to be held over the next two days. He said on a local news programme that he hoped U.S. tariffs levied on Thailand will not be higher than those imposed on other countries. "I hope that no matter how much, it won't be more than anyone else's," Pichai said. Thailand faces U.S. tariffs of 36% if it fails to negotiate a reduction before a moratorium expires on July 9. A tariff of 10% has been set for most nations while the moratorium is in place. Earlier this month, Thai commerce minister Pichai Naripthaphan said talks between the two countries could lead to good terms on tariffs, and possibly settle on a rate as low as 10%. Thailand has said it hopes the negotiations will be extended beyond the expiry of the tariff pause next month. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Canada and US Trade Talks Resume After Digital Tax Reversal
Canada and US Trade Talks Resume After Digital Tax Reversal

Newsweek

timean hour ago

  • Newsweek

Canada and US Trade Talks Resume After Digital Tax Reversal

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Canada and the United States have resumed trade negotiations after Canadian Prime Minister Mark Carney agreed to rescind the country's digital services tax on U.S. technology companies. The development follows President Donald Trump's announcement on Friday that he was suspending all trade talks with Canada "effective immediately" over the tax policy. Why It Matters Trump's Friday announcement followed Canada's confirmation that it would proceed with its digital services tax on technology giants, most of which are U.S.-based, despite a previous G7 agreement where the Trump administration had agreed to drop a retaliatory tax proposal from congressional consideration. Canada's quick reversal signals the high stakes involved in maintaining trade relationships with the United States, particularly given the countries' deeply integrated economies. What To Know Carney's office confirmed on Sunday that both leaders have agreed to restart negotiations after Canada committed to abandoning the 3 percent levy targeting major U.S. tech giants including Amazon, Google, Meta, Uber, and Airbnb. The tax was scheduled to take effect Monday and would have applied retroactively, creating an estimated $2 billion bill for American companies. The conflict escalated rapidly after Canada's Finance Department confirmed Friday that companies would still be required to make their first digital tax payments Monday, despite ongoing negotiations. The tax targeted revenue generated from Canadian users rather than corporate profits, making it particularly burdensome for technology companies operating internationally. Trump's response was immediate and severe. He announced the suspension of all trade discussions "effective immediately" and threatened to impose new tariffs on Canadian goods within seven days. The president criticized Canada as "a very difficult Country to TRADE with" and described the digital tax as "a direct and blatant attack on our Country." The dispute has unfolded against already strained U.S.-Canada relations. Since taking office in January, Trump has repeatedly criticized Canada and suggested it should become the 51st U.S. state. These tensions contributed to the political environment that led to Justin Trudeau's resignation and Mark Carney's subsequent election on an anti-Trump platform. Canada's decision to rescind the tax came "in anticipation" of reaching a broader trade agreement, according to government officials. What People Are Saying Canadian Prime Minister Mark Carney said Friday: Canada will "continue to conduct these complex negotiations in the best interests of Canadians. It's a negotiation." President Donald Trump previously said in the Oval Office that he expected Canada to lift the digital services tax: "Economically we have such power over Canada. We'd rather not use it. It's not going to work out well for Canada. They were foolish to do it." Canadian Prime Minister Mark Carney (R) greets U.S. President Donald Trump at the official welcome ceremony during the G7 Leaders' Summit on June 16, 2025 in Kananaskis, Alberta. Canada is hosting this year's meeting... Canadian Prime Minister Mark Carney (R) greets U.S. President Donald Trump at the official welcome ceremony during the G7 Leaders' Summit on June 16, 2025 in Kananaskis, Alberta. Canada is hosting this year's meeting of the world's seven largest economies. MoreWhat Happens Next With negotiations resuming, both countries will likely focus on addressing broader trade issues beyond the digital services tax. The Trump administration has indicated expectations for additional Canadian concessions, particularly regarding agricultural tariffs that have been a longstanding source of friction. Reporting from the Associated Press contributed to this article.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store