Siladitya Ray

2 days ago | forbes.com.au | Sara Dorn |Conor Murray |Siladitya Ray

President Donald Trump left Washington on Monday en route to Saudi Arabia, the first stop on a four-day visit to the Middle East featuring heavy pageantry and a focus on economic investment in a region where Trump's family business is expanding its footprint. Key FactsThe specific goals of the visit are somewhat unclear, though it's expected to centre around new economic investments, rather than broader geopolitical strategy.

2 days ago | forbes.com.au | Siladitya Ray |Antonio Pequeño IV |Sara Dorn

President Donald Trump will sign an executive order that will require pharmaceutical companies to price prescription drugs in the U.S. the same as the lowest price they charge in other countries, in a move the president claims will reduce prescription drug prices "by 30% to 80%." Key facts In a post on his Truth Social platform, Trump said his executive order will institute a "MOST FAVORED NATION'S POLICY" where the U.S. will pay the same price for a drug as the "Nation that pays the lowest...

2 days ago | forbes.com.au | Siladitya Ray |Molly Bohannon |Mark Whittaker |Sara Dorn

The U.S. and China on Monday announced they would significantly cut back tariffs placed on each other's goods for at least 90 days as both sides plan to continue negotiations on a trade deal, triggering a major surge in U.S. stock futures and global markets. Key Facts As per a joint statement issued by both sides, the U.S. has agreed to lower President Donald Trump's "reciprocal tariffs" on China from 125% to 10%, while China has agreed to do the same.

5 days ago | forbesjapan.com | Siladitya Ray

カトリック教会の最高指導者、ローマ教皇を決める選挙で8日、新教皇に選出されたレオ14世（本名・ロバート・プレボスト）が、2024年の米国の大統領選挙など、過去の選挙で投票していたことが報じられている。この事実から、米国人初の教皇の政治的傾向がある程度明らかになるものとみられる。 米紙ニューヨークタイムズと米CBSニュースは、米シカゴ郊外ウィル郡の投票記録と世論調査会社の有権者情報を基に、シカゴ出身のレオ14世が直近で投票したのは2024年の米大統領選で、不在者投票だったと報じた。レオ14世は、2000年、04年、08年、12年、24年の大統領選で投票していたが、16年と20年に投票した記録はなかった。シカゴのある米イリノイ州の有権者は所属政党を登録する必要がないため、レオ14世は民主党員としても共和党員としても登録されていなかった。...

5 days ago | forbes.com | Siladitya Ray

The Axial Seamount, an underwater volcano located off the Pacific Northwest coast that last erupted in 2015 and spewed several miles of lava along the seafloor, could be preparing to erupt soon, according to scientists observing seismic activity in the area. Key Facts The underwater volcano is located 300 miles off the coast of Oregon and at a depth of nearly 5,000 feet below the surface of the Pacific Ocean.