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Fed Governor Cook says Trump has no authority to fire her
Fed Governor Cook says Trump has no authority to fire her
by  AFP

Federal Reserve Governor Lisa Cook rejected US President Donald Trump's unprecedented bid to oust her on Tuesday, saying he had no legal authority for such an intervention against a member of the independent US central bank.

EU claims 'sovereign right' to regulate tech after Trump threat
EU claims 'sovereign right' to regulate tech after Trump threat
by  AFP

The European Commission Tuesday asserted the "sovereign right" to regulate the activities of tech giants within the bloc and rejected claims by President Donald Trump that its rules unfairly harm US firms. "It is the sovereign right of the EU and its member states to regulate economic activities on our territory," European Commission chief spokesperson Paula Pinho told reporters in response.

Germany, Canada to cooperate on key raw materials
Germany, Canada to cooperate on key raw materials
by  AFP

Germany and Canada will sign an agreement Tuesday on boosting cooperation in the field of critical raw materials, Chancellor Friedrich Merz said, as they seek to reduce heavy dependence on China. At a press conference in Berlin alongside Canadian Prime Minister Mark Carney, Merz said that Canadian and German ministers would sign a memorandum of understanding on raw materials.

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