Tuesday, August 12, 2025

China urges companies to avoid Nvidia chips

The Chinese government is urging Chinese companies to avoid Nvidia's H20 chips for government or security work in favor of local semiconductors. 

The move comes just weeks after Washington allowed limited AI chip sales to China.

Ira Spitzer reports.


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Overall inflation steady in July, but closely watched ‘core’ inflation accelerates as tariffs bite

Overall inflation in the US was steady in July, but the closely watched 'core inflation' accelerated at its fastest pace this year.  Prices rose 2.7% last month from a year ago - broadly in line with expectations. Toni Waterman has more.

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President Faces Increasing Criticism Over D.C. Takeover

Democrats are blasting President Trump's takeover of the Washington, D.C., police as a distraction from lingering questions about convicted sex offender Jeffrey Epstein.

Mitch McCann reports:

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India's Supreme Court orders mass removal of stray dogs from New Delhi

India's Supreme Court has ordered the immediate removal of thousands of stray dogs from New Delhi and its surrounding areas, sparking massive outrage from people all over the country.

The apex court cited the increasing number of dog attacks and rabies cases as the reason behind this move.

Sreoshi Mukherjee has more on this story... 

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Hamas delegation in Egypt for talks

A Hamas delegation is in Cairo this week as mediators work to develop
a new ceasefire framework amid Israeli plans to seize and occupy Gaza
City and other areas

Blake Sifton reports from Tel Aviv


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RADIO: M23-DRC TENSIONS

INTRO:

The M23 rebels have accused Congolese forces of conducting offensive military maneuvers in the east of the Democratic Republic of Congo with a view to carry out a large-scale conflict. The two sides have been engaged in clashes in South Kivu province since Sunday in violation of a ceasefire they committed to uphold in July during a meeting in Qatar. Chris Ocamringa has more from Kinshasa....

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India to Offer Credit Guarantees for Exporters Hit by U.S. Tariffs

Intro:
India is preparing a financial support package for small businesses and exporters facing the impact of new U.S. tariffs. The plan includes targeted credit guarantees, as New Delhi looks to protect sectors under pressure from Washington's latest trade measures. Kshitij Nagar reports from New Delhi. 

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EU calls for Kyiv’s inclusion in Ukraine peace process

European leaders have called for Kyiv to be included in any
negotiations related to the war in Ukraine.

The message comes just days before U.S. President Donald Trump is set
to meet with his Russian counterpart Vladimir Putin.

William Denselow reports from Brussels.

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Heatwave continues to hit Europe

Temperatures approaching 40 degrees Celsius are expected in several European capitals on Tuesday as a Europe-wide heatwave continues to bite.

Paris will hit 37, Rome 38 and Madrid 39 degrees C.

Ross Cullen reports.


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Orban Blocks EU Statement Ahead of Trump-Putin Summit

 Hungarian Prime Minister Viktor Orbán is again breaking ranks with the European Union—this time over the upcoming summit between President Donald Trump and Russian President Vladimir Putin. Orbán says he refused to back an EU statement on the talks. Pablo Gutierrez reports from Budapest.



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TRUMP AIMING TO 'GET SOME TERRITORY BACK' FOR UKRAINE

US President Donald Trump says he will try to 'get some territory back' for Ukraine in talks with Russia.

President Trump is set to meet Russian President Vladimir Putin in Alaska on Friday to discuss the Ukraine conflict.

Ukraine says there must be an unconditional ceasefire as a prerequisite to substantive peace negotiations - and its allies say peace must not be imposed on Kyiv.

Donald Trump says Kyiv may have to make sacrifices on territory.

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India - US trade talks continue despite shrill rhetoric on both sides

Intro:
Indian officials say trade talks with the US are still on track despite New Delhi now facing 50% imports duties.
President Donald Trump has called the levies a success - saying it's a huge blow to Moscow's economy.
Half of those tariffs on India were imposed by the US for buying Russian oil.
Ishan Garg tells us more from New Delhi.
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Typhoon Podul Set to Strengthen Before Hitting Southern Taiwan

INTRO: Typhoon Podul is expected to intensify as the system tracks toward southern Taiwan, bringing heavy rain and damaging wind gusts before making landfall on Wednesday.

According to the US Navy's Joint Typhoon Warning Center, its exact path may become "erratic" prior to coming ashore as the system interacts with Taiwan's mountains.

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Monday, August 11, 2025

Trump extends tariff pause with China for another 90 days

US President Donald Trump has signed an executive order extending a tariff truce with China just hours before steep new trade penalties were set to take effect. 


The move keeps tariffs at current levels for another 90 days, giving both sides more time to negotiate a broader trade deal.

Ira Spitzer has more


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Trump: Russia & Ukraine have to cede land to get peace

U.S. President Donald Trump has said that both Ukraine and Russia would have to cede land to each other to end their war.


Describing his forthcoming summit with President Putin, as a "feel-out meeting", Mr Trump said he would know within two minutes whether progress was possible.


Kate Fisher reports from Washington


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Judge rejects the release of Ghislaine Maxwell grand jury transcripts

A judge has rejected the Trump Administration's efforts to unseal the Ghislaine Maxwell grand jury transcripts.  The DOJ had asked for the transcripts - which are usually kept secret - to be released last month, as the President's supporters demand more transparency in sex trafficking case. Toni Waterman has more.

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US chipmakers set to pay government over China export controls

Two major U.S. chip makers are set to hand over 15 percent of their revenue from products sold to China to the U.S. government.

The widely reported agreement is highly unusual and is already drawing criticism from trade experts, who warn it could set a dangerous precedent.

Mitch McCann reports:

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Europe swelters under summer heatwave

Regions in countries across southern Europe, from France to the Canary Islands, are on red alert for the latest summer heatwave.

Wildfires have also been reported in Spain & Portugal - last week France suffered its worst wildfire since 1949.

Ross Cullen reports.
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Pakistan scrambles to move residents out of the north

Intro:

Northern Pakistan is grappling with destructive glacial floods that have swept away houses and disrupted lives.

Authorities have issued high alert warnings and are mobilizing evacuation efforts for those in danger zones.

The South Asian country is considered one of the top 10 most climate vulnerable nations in the world.

Hira Mustafa reports from Islamabad.

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Hungary Faces Rising Food Prices Amid Price Caps

 Hungary's government is facing growing criticism as food prices rise despite efforts to curb inflation. The largest food retailers association says the food price caps first introduced after the Ukraine war began, have failed to deliver the expected results. Pablo Gutierrez reports from Budapest


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