Nigeria vows to fight extremism after Trump adds nation to watch list

In a recent development, the Canadian Prime Minister issued an apology to Donald Trump regarding an anti-tariff advertisement that sparked outrage and led to the suspension of trade talks between the two nations. The ad's release prompted Trump to announce a significant increase in tariffs on Canadian imports, raising concerns about the future of trade relations. This situation highlights the delicate balance in international trade and the potential repercussions of political missteps.

Former US Treasury Secretary Larry Summers shares insights on the Federal Reserve's recent rate cut, emphasizing that Chair Jerome Powell's cautious approach is appropriate given the ongoing inflation concerns. He highlights the potential challenges posed by high deficits and global AI competition to US leadership. Additionally, Summers acknowledges President Trump's efforts in improving trade relations with China, while cautioning that this is just the beginning of a complex narrative.

Nigeria's Dangote refinery has announced that its fuel production now surpasses local demand, which is a significant milestone for the country's energy sector. This development not only highlights the refinery's capacity but also supports Nigeria's proposal to impose a 15% import duty on refined products, aiming to boost local production and reduce dependency on imports. This move could strengthen the economy and create more jobs in the long run.

Despite the complexities of international trade agreements, a source has confirmed that Russia's non-GMO soybean exports to China remain secure. This is significant as it highlights the resilience of agricultural trade between these two nations, even amidst the backdrop of the Trump-Xi trade deal discussions. It suggests that Russia's agricultural sector is well-positioned to meet China's demand, which could lead to strengthened economic ties.

In a significant ruling, US judges have determined that the Trump administration cannot suspend food aid benefits, ensuring continued support for millions of Americans in need. This decision is crucial as it highlights the importance of food assistance programs, especially during challenging economic times. The ruling not only protects vulnerable populations but also reinforces the role of the judiciary in upholding social welfare policies.

Donald Trump recently sat down for his first interview with '60 Minutes' after settling a lawsuit with CBS. This interview is significant as it marks a return to mainstream media for Trump, allowing him to share his views and connect with a broader audience. The settlement indicates a resolution to past disputes, potentially paving the way for more open dialogue between Trump and major media outlets.

Former President Donald Trump has instructed his legal team to seek clarification regarding the funding of food aid following recent court rulings. This move highlights the ongoing legal and political discussions surrounding food assistance programs and their funding sources, which are crucial for many Americans. Understanding the implications of these rulings could impact future policies and aid distribution.

A recent ruling has determined that President Trump cannot mandate voters to provide proof of citizenship, such as a passport, when registering to vote using federal forms. This decision is significant as it impacts the ongoing debate over voting rights and accessibility, ensuring that more citizens can participate in the electoral process without facing additional barriers.

Bulgaria has implemented partial restrictions on fuel exports to EU countries following US sanctions against Russia's Lukoil, raising concerns about security and supply within the bloc. This move highlights the ongoing tensions between Western nations and Russia, particularly in the energy sector, and could have significant implications for fuel availability in Europe as countries navigate the complexities of sanctions and energy dependence.

Nigeria has pledged to intensify its efforts against extremism following President Trump's decision to add the country to a watch list. This move highlights the ongoing challenges Nigeria faces with terrorism and violence, and the government's commitment to addressing these issues is crucial for national stability and international relations.

Brazil's Azul has successfully reached an agreement with its unsecured creditors during its Chapter 11 proceedings, marking a significant step towards financial recovery. This deal is crucial as it allows the airline to restructure its debts and continue operations, which is vital for maintaining jobs and services in the aviation sector. The resolution of these negotiations not only stabilizes Azul but also boosts confidence in Brazil's airline industry as it navigates post-pandemic challenges.

Berkshire Hathaway has sold $6.1 billion worth of stock, leading to record cash reserves for the conglomerate. This move comes as Warren Buffett, the company's iconic leader, prepares for retirement. The sale reflects Buffett's strategy to maintain liquidity and possibly invest in future opportunities, which is crucial for the company's ongoing success and stability.

Southwest Airlines, once celebrated for its exceptional customer service, is facing criticism due to recent changes that may prevent some customers from flying. According to JD Power's 2025 North American Airline Satisfaction Study, Southwest has ranked highest in customer satisfaction in the economy segment for four consecutive years. However, these new policies could undermine that reputation, raising concerns among loyal customers about their travel options and the airline's commitment to service.

Berkshire Hathaway has reported record cash levels alongside rising profits, a sign of the company's strong financial health. This is particularly significant as it comes at a time when speculation about Warren Buffett's eventual exit from the company is growing. Investors are keenly watching how Berkshire navigates this transition, making the current financial performance a crucial indicator of its future stability.