World leaders divided after US attack on Iran
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Washington Post
25 minutes ago
- Washington Post
The U.S. invented these technologies. Then China dominated them.
China calls them the 'new three' — electric vehicles, solar panels and lithium-ion batteries — a set of technologies to replace the country's previous export focus on furniture, clothing and household appliances. And those technologies have something in common: They were all invented in the United States. Since the early 2000s, a suite of government incentives and policies has swept China to the forefront of the market for EVs, solar panels and batteries. But most of the world's clean technologies were initially invented in the U.S. In an alternate reality, the U.S. could have become the world's leader.
CNBC
25 minutes ago
- CNBC
Oil prices steady as market weighs Trump tariff threats and U.S. stocks build
Oil prices were little changed on Thursday as investors weigh the supply risks from U.S. President Donald Trump's push for a swift resolution to the war in Ukraine through more tariffs while a surprise build in U.S. crude stocks weighed on prices. Brent crude futures for September, set to expire on Thursday, rose 4 cents, or 0.05%, to $73.28 a barrel by 0812 GMT. U.S. West Texas Intermediate crude for September also rose 4 cents, or 0.06%, to $70.04. Both benchmarks chalked up 1% gains on Wednesday. "We're looking for more clarity on the nature of new tariffs or implementation of sanctions on Russia," said Harry Tchiliguirian at Onyx Capital Group. The U.S. President's history of imposing policies and then changing them a few days later has resulted in traders and analysts hesitating to price them in, Tchiliguirian added. Trump said he would start imposing measures on Russia, including 100% secondary tariffs on its trading partners, if it did not make progress on ending the war in Ukraine within 10-12 days, moving up an earlier 50-day deadline. The U.S. has also warned China, the largest buyer of Russian oil, that it could face huge tariffs if it kept buying. On Wednesday, the U.S. Treasury Department announced fresh sanctions on more than 115 Iran-linked individuals, entities and vessels, stepping up the Trump administration's "maximum pressure" campaign after bombing Iranian nuclear sites in June. Meanwhile, U.S. crude oil inventories rose by 7.7 million barrels to 426.7 million barrels in the week ending July 25, driven by lower exports, the Energy Information Administration said on Wednesday. Analysts had expected a draw of 1.3 million barrels. Gasoline stocks fell by 2.7 million barrels to 228.4 million barrels, far exceeding forecasts for a draw of 600,000 barrels. "U.S. inventory data showed a surprise build in crude stocks, but a bigger than expected gasoline draw supported the view of strong driving season demand, resulting in neutral impact on the oil market," said Fujitomi Securities analyst Toshitaka Tazawa.
Bloomberg
25 minutes ago
- Bloomberg
South Africa Urged to Sweeten US Trade Deal Before Tariff Deadline
The US urged South Africa to improve its trade offer as Pretoria waits to hear what tariff President Donald Trump will impose on its exports to the world's largest economy. South Africa hopes to negotiate a lower levy than the 30% already allocated by Trump, with a deadline to strike a deal by Friday. Trade, Industry and Competition Minister Parks Tau said US officials weren't sure themselves what the president would decide and had encouraged South African officials to submit an enhanced proposal.
