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EU official sees hope for T&T amid carbon tax threat

EU official sees hope for T&T amid carbon tax threat

With T&T’s en­er­gy sec­tor brac­ing for the im­pact of the Eu­ro­pean Union’s Car­bon Bor­der Ad­just­ment Mech­a­nism (CBAM) in ear­ly 2026, one EU of­fi­cial says there’s still rea­son for op­ti­mism and po­ten­tial for trans­for­ma­tion. CBAM...

Pentagon Adviser Justin Fulcher Departs Amid Internal Upheaval

Pentagon Adviser Justin Fulcher Departs Amid Internal Upheaval

Senior aide to Defense Secretary Hegseth exits following classified leak fallout and leadership reshuffle. By yourNEWS Media Newsroom WASHINGTON — Justin Fulcher, a senior adviser to Defense Secretary Pete Hegseth, has been removed from his post...

How the EU aims to put the squeeze on the Russian economy with new sanctions package

How the EU aims to put the squeeze on the Russian economy with new sanctions package

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our...

US eyes 'back to basics' revamp of G20

US eyes 'back to basics' revamp of G20

The United States aims to pare the Group of 20 major economies back to its financial roots next year when it takes over the rotating presidency from South Africa, sources familiar with the Trump administration's plans said. Washington has scaled...

G20 finance chiefs confront uncertainty amid Trump’s trade war

G20 finance chiefs confront uncertainty amid Trump’s trade war

South Africa called for greater cooperation among the Group of 20 advanced economies, as finance ministers and central bank governors gathered under the cloud of US President Donald Trump’s trade war. Finance Minister Enoch Godongwana, co-host of...

EU’s restriction on Russian fertilizers having zero sense, Putin says

EU’s restriction on Russian fertilizers having zero sense, Putin says

MOSCOW, July 17. /TASS/. The decision of the European Union to restrict the access to its market for Russian fertilizers makes zero sense, Russian President Vladimir Putin said at the meeting with head of the Russian Association of Fertilizer...

Claudia Sheinbaum accelerates Mexico’s economic growth plan amid US tariff tensions

Claudia Sheinbaum accelerates Mexico’s economic growth plan amid US tariff tensions

Plan Mexico — Mexican President Claudia Sheinbaum’s six-year roadmap to attract investment and bolster economic growth — is beginning to take shape amid a landscape full of uncertainties. The latest threat from former U.S. President Donald Trump...

EU warns of retaliatory tariffs on 72b euros in US goods as US threatens 30% tariffs

EU warns of retaliatory tariffs on 72b euros in US goods as US threatens 30% tariffs

Photo taken on May 23, 2025 shows European Union flags at the European Commission headquarters in Brussels, Belgium. (Xinhua/Zhao Dingzhe)The EU on Monday unveiled a list of US goods worth €72 billion ($84 billion) it could target with tariffs if...

EU chief slams Trump tariff threat, pledges retaliation if required

EU chief slams Trump tariff threat, pledges retaliation if required

European Commission President Ursula von der Leyen warned on Saturday that Washington's decision to impose 30 percent tariffs on European Union (EU) exports risks severely disrupting transatlantic supply chains, and pledged that the EU would...

EU prepares to counter US tariff with Canada, Japan and Asia-Pacific countries: reports

EU prepares to counter US tariff with Canada, Japan and Asia-Pacific countries: reports

Photo taken on May 23, 2025 shows European Union flags at the European Commission headquarters in Brussels, Belgium. (Photo: Xinhua) The European Union (EU) is planning to engage with other countries affected by US-imposed tariffs, including...

EU becomes Israel’s largest trading partner overtaking US; China, India third and fourth

EU becomes Israel’s largest trading partner overtaking US; China, India third and fourth

New Delhi: A report reveals that one-third of Israel’s trade in goods in 2024 was with the European Union outshining the Jewish country’s main backer the US. The report titled “Economic sanctions now: the EU is Israel’s largest investor” by SOMO,...

Overview of the Cayman Islands Economic Substance requirements

Overview of the Cayman Islands Economic Substance requirements

Key takeaways Each entity incorporated, established or registered in the Cayman Islands must file an annual economic substance notification with the Tax Information Authority (the "TIA"). A "relevant entity" conducting "relevant activity" must...

AP Business SummaryBrief at 9:10 a.m. EDT

House sends bill regulating stablecoins, a type of cryptocurrency, to Trump WASHINGTON (AP) — The House has passed two bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed...

Turkey Welcomes EU Decision to Relax Visa Rules

Turkey Welcomes EU Decision to Relax Visa Rules

A person hands EU flags to passengers arriving from Berlin at the symbolic opening of the Schengen area at Sofia Airport. Photo: EPA-EFE/VASSIL DONEV The Turkish government welcomed the EU’s decision to ease visa rules for the only EU candidate...

World Population Day 2025: Lagos, UN Urge More Investment In Youth Empowerment

World Population Day 2025: Lagos, UN Urge More Investment In Youth Empowerment

The Lagos State Government, in partnership with some development agencies, has renewed its call for greater investment in youth empowerment as part of activities marking the 2025 World Population Day (WPD), celebrated annually on July 11....

Energy Minister in Washington, DC: Bulgaria Reaffirms Position as Reliable Partner in Transatlantic Energy Cooperation

Energy Minister in Washington, DC: Bulgaria Reaffirms Position as Reliable Partner in Transatlantic Energy Cooperation

A Bulgarian delegation led by Energy Minister Zhecho Stankov held a series of meetings with representatives of the US Department of State and the Department of Energy, the Energy Ministry said on Friday. The discussions focused on deepening the...

Russia crude oil restrictions: EU imposes sanctions on Rosneft's India refinery, lowers oil price cap - how it may benefit India

Russia crude oil restrictions: EU imposes sanctions on Rosneft's India refinery, lowers oil price cap - how it may benefit India

India, whilst potentially benefiting from reduced prices, faces uncertainty regarding continued imports due to possible US intervention. (AI image) Russia oil sanctions by European Union: The EU implemented sanctions on Friday which also target a...

Russia's Medvedev says Moscow will withstand new EU sanctions, escalate strikes on Ukraine

Russia's Medvedev says Moscow will withstand new EU sanctions, escalate strikes on Ukraine

MOSCOW (Reuters) -Former Russian President Dmitry Medvedev on Friday predicted the Russian economy would withstand the European Union's latest sanctions package and said Moscow would intensify its strikes against Ukraine. Medvedev, now deputy...

Orbán scares Hungarians that 20–25% of EU budget can end up funding Ukraine

Orbán scares Hungarians that 20–25% of EU budget can end up funding Ukraine

Hungarian Prime Minister Viktor Orbán believes that 20-25% of the EU budget will be assigned to Ukraine. "I can say, based on the knowledge of experts, that 20-25 per cent of the new EU budget will go to Ukraine," Orbán said on the air of Kossuth...

Venus Williams, at 45, returns to competitive tennis at this week’s DC Open

Venus Williams, at 45, returns to competitive tennis at this week’s DC Open

WASHINGTON — The passion for tennis never went away entirely for Venus Williams, who turned 45 on June 17. Despite time away from the sport, she has yet to officially retire. Williams’ return to tennis got a significant push when she attended...

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