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University says cut in funding ‘forcing us to wind down critical work’ as academics rally against job lossesJohns Hopkins University announced it was planning to cut more than 2,000 jobs after the Trump administration slashed $800m in grants to the renowned academic institution.The funding for the positions had come from the US Agency for International Development, which the administration has gutted with massive cuts. A total of 247 domestic US workers and another 1,975 positions abroad in 44 countries will be affected by what amounts to the largest layoff in the history of the university. Continue reading... Source link :

Former Labor minister says Australia should consider applying its own tariffs in retaliation against those placed on steel and aluminiumFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFormer Labor minister Bill Shorten says the government should “push back” harder on Donald Trump by slapping our own “dollar-for-dollar” tariffs on American products, in retaliation for those placed on Australian steel and aluminium.Governments worldwide and global markets are still reeling from the dizzying array of tariffs and trade barriers enacted by Trump in the first months of his new presidency. Confirmation this

Zelenskyy says Russia is ‘manipulative’ and seeking to extend the war while Trump says he is ‘ready to call’ PutinVladimir Putin has said he has many questions about the proposed US-brokered ceasefire with Ukraine and appeared to set out a series of sweeping conditions that would need to be met before Russia would agree to such a truce.Speaking at a press conference at the Kremlin alongside the Belarusian president, Alexander Lukashenko, Putin said he agreed in principle with US proposals to halt the fighting but said he wanted to address the “root causes of the conflict”. Continue reading... Source link

Key US stock index closes more than 10% down from February peak amid volatility caused by president’s tariffsThe S&P 500, a key US stock market index, closed in correction territory on Thursday as the volatility of Donald Trump’s trade wars rattled investors.The index closed more than 10% down from its 19 February peak as Wall Street approaches the end of a second week of pressure. Continue reading... Source link : https://www.theguardian.com/business/2025/mar/13/sp-500-wall-street-trump-tariffs Author : Lauren Aratani in New York Publish date : 2025-03-13 22:10:00 Copyright for syndicated content belongs to the linked Source.