U.S. President Donald Trump has nominated Kevin Warsh to serve as the next chair of the Federal Reserve, a move that could signal a shift in the direction of American monetary policy. The nomination comes as the term of current chair Jerome Powell is set to expire in May. Warsh, 55, previously served as a Federal Reserve governor from 2006 to 2011, a period that included the global financial crisis. He is well known in financial and policy circles and is viewed as an experienced figure with deep familiarity with central banking and global markets. President Trump has repeatedly criticized Powe

U.S. federal prosecutors have laid charges against a Minnesota man accused of throwing a liquid on Democratic Congresswoman Ilhan Omar during a public event in Minneapolis earlier this week, an incident authorities are treating as an assault on a sitting lawmaker. Court documents filed by the U.S. Justice Department say Anthony Kazmierczak was arrested following the incident and is charged with forcibly assaulting, opposing, impeding and intimidating a member of Congress while she was performing official duties. According to a sworn affidavit, investigators later determined the substance spray

U.S. President Donald Trump has issued a renewed warning to Iran, saying time is running out for Tehran to decide on a nuclear agreement, while raising the prospect of American military action if talks fail. The comments add fresh tension to already strained relations between the two countries. In a post on his social media platform Truth Social, Trump said a large U.S. naval force is moving toward Iran. He claimed the deployment is bigger than a previous fleet sent toward Venezuela and suggested it could act with speed and force if required. The White House has not released further details ab

A man was restrained and removed from a public meeting in Minneapolis after allegedly spraying an unknown substance toward U.S. Representative Ilhan Omar during a town hall event Tuesday evening. Video from the scene shows the individual being tackled to the ground by attendees as Omar was speaking to constituents. Witnesses in the audience reacted with alarm, with one person heard saying the man had sprayed something toward the congresswoman. Omar was not visibly injured and continued with the town hall after the man was escorted out of the room. The incident occurred shortly after Omar sharp

A South Korean court has sentenced former first lady Kim Keon Hee to 20 months in prison after finding her guilty of corruption, marking a significant development in a series of high-profile cases involving the country’s former leadership. The Seoul Central District Court ruled that Kim accepted bribes from the Unification Church in exchange for business-related favors, according to court findings released Wednesday. Prosecutors argued that the transactions undermined public trust and violated South Korea’s anti-corruption laws governing public officials and their immediate family members.

After nearly two decades of negotiations, India and the European Union have finalized a landmark free trade agreement, marking a significant boost to economic ties between the two regions. Officials say the deal opens new avenues for trade and investment while strengthening strategic economic partnerships. Prime Minister Narendra Modi confirmed the agreement on Tuesday, highlighting that both sides are using the pact to reinforce their economies amid uncertain trade relations with the United States. He described the deal as a major step toward deeper cooperation and expanded market access. Und

U.S. President Donald Trump has announced plans to increase tariffs on goods imported from South Korea, raising the rate from the current 15 per cent to 25 per cent. The proposed increase would apply to a range of products, including automobiles, lumber, pharmaceuticals and other manufactured goods. Speaking about the decision, Trump accused South Korea of failing to properly implement a trade agreement reached last year. He said the tariff increase is intended to address what his administration describes as unfair trade practices and ongoing concerns about market access for U.S. companies. So

At least 18 people have died after a passenger ferry sank near an island in the southern Philippines early Monday, triggering a large-scale search and rescue operation by the coast guard and navy. Officials said more than 350 passengers and crew were on board the cargo and passenger ferry when it encountered a technical problem, causing the vessel to tilt sharply to one side and take on water. Several people were reported to have fallen into the sea as the ship began to sink. Rescue teams have so far saved 316 passengers and crew members, while recovery efforts continue for dozens who remain u

A private jet carrying eight people crashed while attempting to take off from Bangor International Airport in the U.S. state of Maine on Sunday evening, according to the Federal Aviation Administration. The aircraft, identified as a Bombardier Challenger 600, went down shortly after 7:45 p.m. local time. Officials said there was no immediate confirmation on the condition of those on board, and emergency crews were dispatched to the scene following the crash. The incident occurred as Maine and much of the northeastern United States were dealing with a powerful winter storm. Airport conditions i