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By Olivia Le Poidevin GENEVA, May 1 (Reuters) – The World Trade Organization is set to cut about 10% of its spending – including hiring freezes and reductions in short‑term staff – after the U.S. fell back into arrears and a growing number of members failed to pay their dues on time, according to classified WTO documents seen by Reuters. The watchdog for global trade rules since 1995 has already […]

TYRE, Lebanon (AP) — Israel carried out several airstrikes on southern Lebanon on Friday, killing at least four people, while the militant Hezbollah group said it fired rockets and drones, including one that crashed in northern Israel and wounded two soldiers. Israel’s military and Hezbollah kept up their attacks despite a ceasefire in place since April 17. The state-run National News Agency reported that the four people were killed in […]

WASHINGTON (AP) — President Donald Trump said Friday that he will increase the tariffs charged on cars and trucks from the European Union next week to 25%, a move that could jolt the world economy at a fragile moment. Trump said in the post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post. Trump and […]

ISLAMABAD (AP) — Iran has handed over its latest proposal for negotiations with the United States to mediators in Pakistan, Iran’s state-run IRNA news agency reported Friday. The U.S. and Pakistan did not immediately confirm receiving the new proposal. There was no word on what details are included in the plan submitted late Thursday, according to the report. A shaky three-week ceasefire between the U.S. and Iran appears to be […]

ORLANDO, Fla. (AP) — A body found in Tampa Bay has been identified as the second missing University of South Florida doctoral student from Bangladesh, a sheriff said Friday. Nahida Bristy’s remains were found Sunday in a garbage bag discovered by a kayaker whose fishing line got snagged, said Hillsborough County Sheriff Chad Chronister. The positive identification on the badly decomposed body was eventually made using DNA and dental records, […]

WIMBERLEY, Texas (AP) — A small plane crashed among trees in Texas Hill Country, killing all five people aboard, officials said Friday. The crash happened Thursday night in Wimberley, a city about 40 miles (65 kilometers) southwest of Austin, Hays County Judge Ruben Becerra said in a Facebook post. The Federal Aviation Administration said the Cessna 421C crashed around 11:25 p.m. with five people on board. It said the FAA […]

BRUSSELS, May 1 (Reuters) – U.S. President Donald Trump’s announcement to increase tariffs on cars from the EU shows that the U.S. is an unreliable trading partner, EU parliament’s trade committee chair Bernd Lange said on Friday. “This latest move demonstrates just how unreliable the U.S. side is,” Lange said. “This is no way to treat close partners. Now we can only respond with the utmost clarity and firmness, drawing […]

By Gram Slattery WASHINGTON, May 1 (Reuters) – U.S. President Donald Trump on Friday told reporters he had spoken with Iraqi prime minister-designate Ali al-Zaidi on Thursday, and voiced strong support for him. “With our help, he won, and we want him to do very well. And I told him that the United States is with him all the way. It was a great victory, the new head of Iraq […]

May 1 (Reuters) – The U.S. Food and Drug Administration has authorized the granting of early access before regulatory approval to Revolution Medicines’ pill for patients with previously treated pancreatic cancer, the company said on Friday. The regulator’s early access program allows patients with serious or life-threatening conditions to receive experimental treatments outside clinical trials before approval. The drug, daraxonrasib, is being studied in patients with metastatic pancreatic ductal adenocarcinoma […]