deal

European Commission presses U.S. to honor EU-U.S. trade deal after Trump lifts global tariffs to 15% The European Commission urged Washington to honor last year’s EU-U.S. trade deal after President Donald Trump temporarily raised the global duty on imports to 15%, a move announced a day after the Supreme Court curtailed much of his tariffs campaign. “A deal is a deal. As the United States’ largest trading partner, the EU expects the US to honour its commitments set out in the Joint Statement — just as the EU stands by its…

Trump says he is considering limited strike on Iran as talks crawl toward draft deal US President Donald Trump said he is weighing a limited military strike on Iran, escalating pressure on Tehran even as Iranian officials claimed a draft agreement with Washington to curb its nuclear program could be ready within days. Trump has repeatedly warned that “bad things” would happen if Iran does not strike a deal within a deadline he first set at 10 days and later extended to 15. Asked by a reporter whether he was contemplating a…

ANKARA, Türkiye — Türkiye on Thursday denounced Greece’s new agreement with U.S. energy major Chevron to explore for hydrocarbons south of Crete, calling the move unlawful and contrary to good-neighborly relations in the Eastern Mediterranean. “We oppose this unlawful activity, which is being attempted in violation of the 2019 Memorandum of Understanding on Maritime Jurisdiction between Libya and our country,” the Turkish Defense Ministry said at its weekly briefing. The ministry added that while the work does not directly…

eBay has agreed to buy Depop from Etsy in a $1.2 billion deal, a move that deepens the online marketplace’s push into secondhand fashion and the Gen Z resale economy. The companies said the transaction is expected to close in the second quarter of this year. The acquisition is aimed at broadening eBay’s reach with younger shoppers and reinforcing its long-term growth strategy in “pre-loved” apparel and accessories, a category that has surged alongside climate-conscious and cost-aware buying habits. “Depop has built a…

White House warns Iran to ‘be wise’ and take deal as U.S. weighs strikes, bolsters forces The White House urged Iran to “be wise” and strike an agreement with the United States as Washington readies military options and builds up forces near Iran, even as Oman-mediated talks resume in Geneva. U.S. forces could be prepared to launch strikes as early as this weekend, CNN and CBS reported, though President Donald Trump has not made a final decision. “Iran would be very wise to make a deal with President Trump and with his…

Saudi Arabia’s quiet power play in Somalia’s new military pact Somalia and Saudi Arabia have signed a defense cooperation agreement in Riyadh, a move that folds one of the Horn of Africa’s most fragile states deeper into an increasingly crowded contest for Red Sea influence. The memorandum of understanding, announced by Somalia’s defense minister, Ahmed Moallim Fiqi, on X, comes weeks after Israel said it would recognize North Western State of Somalia — the northern, breakaway region of Somalia — as an independent state, a…

Somalia, Tanzania sign migration and travel pact to ease visas, bolster border security Monday February 16, 2026 MOGADISHU — Somalia and Tanzania have signed a memorandum of understanding to deepen cooperation on migration management and make travel easier between the two countries, officials said. The agreement was signed by Somalia’s Minister of Internal Security, Abdullahi Sheikh Ismail, known as Fartaag, and Tanzania’s Minister of Home Affairs, Patrobas Paschal Katambi. Senior immigration officials from both governments…

Monday February 9, 2026 Mogadishu (AX) — Saudi Arabia and Somalia have signed a new military cooperation agreement to strengthen defense ties, expanding counterterrorism efforts and enhancing maritime security in the Red Sea and the Gulf of Aden, officials from both countries said. The memorandum of understanding was announced by Saudi Defense Minister Prince Khalid bin Salman and Somali Defense Minister Ahmed Moallim Fiqi, marking a significant step in deepening the strategic partnership between Riyadh and Mogadishu. Under…

Ukraine’s foreign minister said only U.S. President Donald Trump can close a deal to end the war with Russia and urged an in-person summit between Presidents Volodymyr Zelensky and Vladimir Putin to settle the most sensitive points still blocking a cease-fire. “Only Trump can stop the war,” Foreign Minister Andrii Sybiha told Reuters in an interview in Kyiv, arguing that what remains of a 20-point peace framework must be decided at the leaders’ level. He said Kyiv wants to accelerate U.S.-brokered negotiations while momentum…

North Western State of Somalia eyes trade deal with Israel after recognition HARGEISA, Somalia — North Western State of Somalia expects to sign a trade partnership with Israel after receiving formal recognition from the Middle Eastern nation and is prepared to offer access to key natural resources as part of the pact, President Abdirahman Mohamed Abdullahi told Reuters. Israel recognized North Western State of Somalia, a self-declared independent region in northern Somalia, in late December. Prime Minister Benjamin Netanyahu…