US-UK trade deal 'done', says Trump as he meets Starmer at G7
Monday, 16 June 2025 The UK-US trade deal has been signed and is "done", US President Donald Trump has said as he met Sir Keir Starmer at the G7 summit.
Trump departs G7 Summit early as Israel-Iran conflict shows signs of intensifying
The US President earlier announced that he had reached a new trade deal with British Prime Minister Keir Starmer, exempting various British sectors from US import duties, noting that the deal is “fair” to both...
Russian President Vladimir Putin praised U.S. President Donald Trump’s sense of humor in a rare candid moment, referencing Trump’s Victory Day post. Putin reaffirmed that his invitation for Trump to visit Moscow remains open, emphasizing no negative remarks about the U.S. administration were made by strategic partners. The comments signal a warming of U.S.-Russia ties, despite ongoing global tensions, following their Alaska summit.
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The Army released a video showcasing Operation Sindoor, which involved precision strikes on terror sites in Pakistan following the Pahalgam attack that killed 26.. IndiaTimes
Putin has stunned the West with a surprise signal on Ukraine, suggesting that Moscow could offer security guarantees under certain conditions. Speaking after talks with Donald Trump and Slovak PM Robert Fico, Putin contrasted Trump’s “new approach” with Biden’s policies, stressing that Ukraine’s EU path may be possible but NATO membership remains a hard red line. The move has ignited speculation about a potential geopolitical shift in the Ukraine war.
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The U.S. military struck a Venezuelan vessel in the Caribbean, killing 11 Tren de Aragua gang members, as confirmed by President Trump. The strike, targeting a drug-carrying boat in international waters, escalates tensions with Venezuela. Trump claims the gang operates under President Maduro, who denounced the U.S. naval buildup as a "criminal threat" and accused Trump of seeking regime change. Venezuela questions the strike video’s authenticity, while the U.S. denies invasion plans, focusing on drug trafficking.
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The prime minister of Spain Pedro Sanchez arrives in Downing Street, greeted by Sir Keir Starmer, ahead of talks on "shared priorities" including trade, defence and migration. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kemi Badenoch criticises Deputy PM Angela Rayner, saying Labour ministers are seeking to raise taxes while she tries to avoid paying her own. She calls the situation "hypocrisy" and says Prime Minister Keir Starmer, who has described tax evasion as a criminal offence, must apply the same standards to his own front bench. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer says the situation in Gaza is "horrifying" and warns of a potential man-made famine. Responding to a question from Liberal Democrat leader Sir Ed Davey during today’s Prime Minister’s Questions, the PM also told MPs he is working on a peace plan with international partners to secure the release of hostages and said Sir Ed Davey could have raised the issue himself at the upcoming state banquet with President Trump, had he not declined the invitation. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Conservative leader Kemi Badenoch said the prime minister “should sack” deputy prime minister Angela Rayner, questioning Labour’s response to her tax affairs. She suggested a Conservative deputy in the same position would have faced far less sympathy and criticised what she described as Labour’s hypocrisy on tax issues. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The prime minister Sir Keir Starmer told MPs he was “very proud to sit alongside” Angela Rayner after she admitted she underpaid stamp duty on a property she bought and had referred herself to the independent ethics adviser. The housing secretary has been under intense pressure over her tax affairs after media reports about her purchase of a seaside flat in Hove. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald Trump's remarks suggesting New Delhi may halt such imports. Indian state-owned refiners reaffirmed that sourcing oil from Russia remains a strategic, price-driven choice essential for the country’s energy security, given its 85% crude import dependence. Officials emphasized that Russian oil is not under international sanctions and purchases comply with the G7/EU price cap mechanism, ensuring global markets remain liquid and prices stable. Sources argue that India's imports prevented oil prices from soaring above the March 2022 peak of $137 a barrel amid OPEC+ cuts. Meanwhile, reports of suspended purchases were dismissed, with officials highlighting the EU’s own high intake of Russian LNG. India insists its decisions are guided by national interest while contributing positively to global energy stability, even as Washington hints at possible penalties.
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Conservative leader Kemi Badenoch said: “We just heard that inflation is up again, the worst in the G7. We left him with 2% inflation. We have borrowing up, unemployment up, taxes are up (..) his budget last year had high taxes. That’s why the economy is contracting.” Sir Keir Starmer replied: “I think of the working people across this country who put in every day and don’t get back what they deserve, and that’s who we’re working for. That’s who we’re fixing the country (for).”
Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The geopolitical stage is set for a major confrontation as the BRICS alliance prepares for its 2025 summit in Brazil. The bloc, which will include ten member nations, is openly challenging the long-standing economic hegemony of the United States. With members like China, Russia, and Brazil leading the charge, BRICS now represents a formidable force, accounting for 45% of the global population and 35% of the world's GDP. The group's primary objective is to reduce its dependency on the U.S. dollar by promoting trade in local currencies and developing alternative financial systems.
The tension has escalated dramatically following a direct threat from former U.S. President Donald Trump. He warned that any nation aligning with BRICS' anti-dollar policies would face severe consequences, including a blanket 10% tariff with "no exceptions." This aggressive stance is a clear signal that the U.S. views the rise of BRICS as a direct threat to its ability to impose sanctions and control global financial networks like SWIFT.
In response to the mounting criticism and Trump's threats, China's Foreign Ministry spokesperson, Mao Ning, has publicly pushed back. While rejecting claims that BRICS is an "anti-American" coalition, she firmly stated that the mechanism is not targeted at any single country. However, she also reiterated China's long-standing opposition to "tariff wars and trade wars," sending a clear message to Washington. This high-stakes diplomatic battle between the established G7 powers and the rising BRICS alliance could reshape the future of the global economy.
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Trump Vs BRICS: In a move set to rattle global markets, former President Donald Trump has issued a severe warning to the BRICS nations and their allies. He threatens to impose a blanket 10% tariff on any country adopting what he terms "anti-American" policies backed by the bloc. This declaration comes after the 2025 BRICS Summit in Brazil, where the member nations, now numbering ten, issued a joint condemnation of recent US-Israel strikes on Iranian nuclear facilities, calling them "illegal."
The BRICS bloc, now representing 45% of the global population and 35% of the world's GDP, has become a significant geopolitical force. In their summit, they also criticized the West's "double standards" on global terror, specifically citing the Pahalgam attack in Kashmir as an example. This direct reference brings the conflict to India's doorstep. Trump claims the tariff letters for 12 countries are already "signed and ready," though sources suggest this could be a strategic bluff to test the bloc's unity.
This escalating tension is rooted in BRICS's core mission: to reduce dependence on the U.S. dollar. With their internal trade hitting $1 trillion in 2025 through local currency systems, the bloc, heavily influenced by China and Russia, is seen as a direct challenge to America's sanctions power and its dominance via institutions like the IMF and G7. For Trump, the bloc's growing anti-West stance and expanding economic influence represents a primary threat to American global leadership, setting the stage for a potential economic war.
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