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European shares gain after Trump pushes back planned 50% tariffs on EU

European shares have opened higher and U.S. futures also surged after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9.

Oil prices rose while Asian shares were mostly lower.

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Salam hopes Lebanon's return to Arab fold will bring in much-needed investments

Prime Minister Nawaf Salam said Monday that Lebanon will return to the Arab fold and is seeking investments from Arab countries.

"There has been a clear decision about Lebanon's return to the Arab world," Salam said, adding that he hopes that this step would pave the way for more partnerships and quality investments.

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Stop making cents: US Mint moves forward with plans to kill the penny

The Trump administration says making cents doesn't make sense anymore.

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday. This move comes as the cost of making pennies has increased markedly, by upward of 20% in 2024, according to the Treasury.

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Trump hosts top crypto investors, industry leaders fear he's putting personal profits first

President Donald Trump rewarded top investors in one of his cryptocurrency projects with a swanky dinner on Thursday night, an event that showed the ascendance of an emerging financial industry — and also the president's willingness to mix public office with personal profit.

Some 220 of the biggest investors in the $TRUMP meme coin were invited to Trump's luxury golf club in Northern Virginia, where they dined on filet mignon and halibut. According to participants' posts on social media, Trump spoke for about half an hour before dancing to the song "YMCA."

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Emergency reserves, high prices, rationing. How did Japan's rice crisis get this far?

Rice is essential to Japanese culture, tradition and politics. People take pride in the oval-shaped sticky Japonica grain, which is still a staple even though total consumption has fallen over the decades.

But since last summer, prices have soared as supplies have fallen short of demand. The government has long paid farmers to cut back on rice acreage, and change to other crops to keep rice prices relatively high.

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'Investment, not tariffs,' says Ishiba after phone talks with Trump

Japan's Prime Minister Shigeru Ishiba said Friday that he held telephone talks with U.S. President Donald Trump and agreed to hold "productive" discussions at an upcoming tariff talks between the two sides.

"Investment, not tariffs," Ishiba told reporters after the talks. He said Japan's position to keep pushing Washington to drop all recent tariff measures is unchanged and that he stands by plans to push for Japanese investment to create more jobs in the U.S. in exchange.

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Trump's team divided on how to tackle his vow to ease sanctions on Syria

Since President Donald Trump announced his intent to end a half-century of U.S. sanctions on Syria, a debate has developed in his administration over how quickly and thoroughly that should happen.

At risk could be the future of a transitional government run by those who drove Syrian leader Bashar Assad from power late last year and hopes that it can stabilize the country after a devastating 13-year civil war that has left millions dead or displaced, the economy in ruins and thousands of foreign fighters still on Syrian soil.

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Trump tariff threats on EU, Apple, send US futures and global markets skidding

Markets on Wall Street and in Europe declined rapidly early Friday morning after President Donald Trump posted a pair of tariff threats on social media, one aimed at Apple and the other at the European Union.

Futures for the S&P 500 and the Dow Jones Industrial Average slid 1.5% and Nasdaq futures tumbled 1.7% before the bell. Oil prices fell and Treasury yields sank as well.

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Xi urges Chinese-French 'solidarity and cooperation' in call with Macron

President Xi Jinping urged China and France to "strengthen solidarity and cooperation" and told counterpart Emmanuel Macron he was ready to work "hand in hand with Europe", Chinese state media reported Thursday.

China and France should "strengthen solidarity and cooperation", Xi told Macron in a call, adding that China was "willing to work hand in hand with Europe to address global challenges", state broadcaster CCTV reported.

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Global shares slip as investors register their worries about U.S. debt

Global shares fell Thursday as investors reacted to growing worries over surging U.S. debt.

France's CAC 40 slipped 0.8% to 7,849.87, while Germany's DAX declined 0.7% to 23,962.00. Britain's FTSE 100 fell 0.7% to 8,728.84.

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