Chinese factories face high uncertainty despite pausing on high tariffs
Amid the US and China’s 90-day ceasefire in their trade war, a car parts company in China said it’s holding back from selling to the US because of concerns over volatility. “We don’t want to put our customers through any unnecessary stress and loss,” its regional director said. The company is also facing fraud charges by customs officials for misleading them about shipments.
Zelenskyy challenged Putin to meet him in Turkey personally
Russian Prime Ministerenskyy on Sunday said he was waiting for a “clear answer” from Russia on a three-day ceasefire that ended on May 8. He added that the ceasefire would last till May 14. Russian Defence Ministry has accused Ukraine of violating the three-day ceasefire more than 14,000 times, while Ukrainian Foreign Minister called it a farce.
Ukraine’s allies want a 30-day ceasefire
French President Emmanuel Macron on Saturday shared a video of himself along with leaders of Germany, France and Poland travelling by train to Ukraine to attend a meeting of the “coalition of the willing”. Earlier, they had proposed a 30-day ceasefire in Ukraine if Russia agrees to a peace plan. Russia and Ukraine have been fighting since 2014.
The Vice President says fighting between India and Pakistan is not his business
The US and India began a war of action on Friday after an Indian Air Force (IAF) jet hit a Jaish-e-Mohammed terror camp in Pakistan’s Balakot, officials said. US President Donald Trump tweeted that India and Pakistan had agreed to a “full and immediate ceasefire”. Reacting to it, US Senator Marco Rubio tweeted, “No one should be surprised by India’s actions.”
Trump and Putin will speak Tuesday, and what Russia wants from the talks
US President Donald Trump on Monday said that the situation in Ukraine is not good, but he and his Russian counterpart Vladimir Putin will try to work a peace agreement, ceasefire and peace. “We’re coming to a resolution of the Ukrainian problem and there’s no room left for peace,” Trump added. Last week,Ukraine agreed to a US plan for a 30-day ceasefire.
Netanyahu wants Hamas to release hostages before he ends the Gaza ceasefire
Israel has warned it may resume hostilities with Hamas if its three hostages in Gaza are not released under a ceasefire deal, a report said. The hostages were released under the deal that ended a 50-day war between Hamas and Israel in October. Earlier, Israel and Hamas exchanged three hostages for dozens of Palestinian detainees and prisoners.
2 Palestinians died as Israeli troops fired on them trying to return to homes
Israeli soldiers fired at a crowd of residents returning to Gaza Strip from Israel on Monday, injuring nine and killing two others, officials said. The Israeli military said that its soldiers had fired at “several gatherings of dozens of suspects” who were “posed a threat to them”. This comes amid a ceasefire between Israel and Hamas to end an 18-day conflict.
2 Palestinians died as Israeli troops fired on them trying to return to homes
Israeli soldiers fired at a crowd of residents returning to Gaza Strip from Israel on Monday, injuring nine and killing two others, officials said. The Israeli military said that its soldiers had fired at “several gatherings of dozens of suspects” who were “posed a threat to them”. This comes amid a ceasefire between Israel and Hamas to end an 18-day conflict.
Israel and Hamas are working toward a cease-fire
Israel and Hamas are set to complete the first phase of a ceasefire deal that would end the war between the two countries last year, Reuters reported. In the first phase, 33 hostages will be freed in exchange for a larger number of Palestinian prisoners. The total number of Palestinians released from Israeli custody is expected to be around 1,000.
Progress is being made in the talks between Israel and Hamas for the release of hostages
Israel and Gaza’s militant group Hamas are close to a ceasefire deal that could be signed within days, reports said. The talks are aimed to have a signed deal or a ‘declaration of principles’ from Israel and Hamas before US President-elect Donald Trump takes office, reports added. A further round of negotiations is expected to begin 16 days from now, reports further said.