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Panama launches maintenance work at contested mine
Panama's government said Friday it would start maintenance work at a major mine forced to shut by protests, but insisted the project was not tantamount to the pit reopening. Panama's President Jose Raul Mulino said last month that his government was working toward reopening the mine, without clarifying how he plans to tackle legal hurdles.
Trump says to double steel tariff to 50%
US President Donald Trump said Friday that he would double steel import tariffs to 50 percent, speaking in Pennsylvania at a US Steel plant where he also touted a partnership between the American steelmaker and Japan's Nippon Steel.
Google makes case for keeping Chrome browser
Google on Friday urged a US judge to reject the notion of making it spin off its Chrome browser to weaken its dominance in online search. US government attorneys have called on Mehta to order Google divest itself of Chrome browser, contending that artificial intelligence is poised to ramp up the tech giant's dominance as the go-to window into the internet.
Taylor Swift buys back rights to her old music
Pop sensation Taylor Swift, locked in a feud with record executives since 2019 over ownership of her music, has bought back the rights to her entire back catalog, she said Friday. Thos records included the award-winning "Reputation" and "Taylor Swift."
Canada growth up but Trump tariffs starting to hurt
Canada's latest growth figures, released Friday, were better than expected, but also highlighted weaknesses in the economy as the effects of a trade war launched by US President Donald Trump began to take hold. Most analysts had expected only modest growth.
US April inflation cooled more than expected, despite tariffs
The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.
Germany considers 10% tax on internet giants
Germany is weighing plans for a 10 percent digital tax for internet giants such as Alphabet and Meta, a senior official said Friday, despite the risk of stoking further trade tensions with the United States. This could be based on the model in Austria, which has a five percent tax, he said, adding that in Germany "we consider a 10 percent tax rate to be moderate and legitimate".
Trump signals fresh trade tensions with China
US President Donald Trump signaled renewed trade tensions with China on Friday, arguing that Beijing had "violated" a deal to de-escalate tariffs, at a time when both sides appeared deadlocked in negotiations. But on Friday, Trump wrote that: "China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US," without providing further details.
Britain's hard-right Reform UK to accept crypto donations
Britain's hard-right Reform UK has become the first political party in the country to accept donations through bitcoin and other cryptocurrencies, raising fresh concerns over transparency. "As of now, provided you are an eligible UK donor ... we are the first political party in Britain that can accept donations in Bitcoin and other cryptocurrencies," he said.
AFP
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