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Trump halts federal funding to South Africa, invites farmers

Trump halts federal funding to South Africa, invites farmers

Investing.com -- The U.S. government, under the leadership of President Trump, has decided to cease all federal funding to South Africa.In a related development, President Trump has extended an invitation to South African farmers and their families to relocate to the U.S. The invitation, according to the president, is not limited to the farmers only, but extends to their immediate family members a ...

2025-03-08 02:53:41
US duty rate for non-USMCA compliant potash drops to 10%

US duty rate for non-USMCA compliant potash drops to 10%

Investing.com -- The Trump administration has made a significant adjustment to its duty rate for potash, a key ingredient in fertilizers, that falls outside the U.S.-Mexico-Canada Agreement (USMCA) trade pact. The duty rate has been cut to 10% from its previous level of 25%. This change affects tariffs on both Canada and Mexico.This decision was made public via a notice published in the Federal Re ...

2025-03-08 02:52:25
Putin’s ally says UK will have to pay back to Russia its funds sent to Ukraine

Putin’s ally says UK will have to pay back to Russia its funds sent to Ukraine

Investing.com -- The speaker of Russia’s lower house of parliament, Vyacheslav Volodin, voiced his concerns on Friday about Britain’s decision to send Russian assets to Ukraine. The funds, which had been frozen by the British government, amount to approximately $1 billion and are intended to support Ukraine’s military efforts.Volodin, a close ally of Russian President Vladimir Putin, made hi ...

2025-03-08 02:51:13
Microsoft’s AI unit aims for self-sufficiency, develops new models - The Information

Microsoft’s AI unit aims for self-sufficiency, develops new models - The Information

Investing.com -- Last fall, Mustafa Suleyman, the head of Microsoft’s in-house artificial intelligence unit, expressed dissatisfaction with OpenAI’s lack of documentation on how its latest model, o1, worked, according to a report from The Information. Suleyman’s role at Microsoft (NASDAQ:MSFT), which started a year ago, is twofold. He is responsible for maintaining the partnership with OpenA ...

2025-03-08 02:49:32