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President Joe Biden is set to propose a significant increase in tariffs on Chinese steel, aiming to triple the current rates to protect U.S. steelmakers from the surge of cheaper imports. This policy announcement was scheduled during his speech to steelworkers in Pennsylvania, a key battleground state for the upcoming November elections. While the administration asserts that the tariff hike …

Scientists have uncovered what they are calling the largest black hole within the Milky Way galaxy so far. This colossal black hole is over 33 times the mass of our Sun and resides 2,000 light-years away. It was identified by astronomers participating in the European Southern Observatory’s Gaia mission after they observed unusual movements of a nearby star, suggesting it …

Tesla is set to reduce its workforce by approximately 10% following a disappointing first quarter in sales, as reported by various news outlets on Monday. Elon Musk, the CEO of Tesla, communicated the decision through a memo to the employees, indicating that the layoffs could impact around 14,000 of the company’s 140,473 workers as of the end of the previous …

China’s economy outperformed expectations in the first quarter, posting a 5.3% growth rate on an annual basis, surpassing forecasts that suggested a 4.8% increase, according to recent data. Quarter-over-quarter, the economy grew by 1.6%. Despite difficulties recovering from the pandemic’s economic impacts, the Chinese economy has shown signs of acceleration due to government measures supporting the housing market and investment. …

The Biden administration has agreed to allocate up to $6.4 billion to Samsung Electronics to establish a cutting-edge computer chip manufacturing and research hub in Texas. Announced by the Commerce Department on Monday, this funding is part of a larger investment expected to surpass $40 billion, including private contributions. This initiative stems from the CHIPS and Science Act, enacted by …

The upcoming Champions League quarterfinal second legs are set to ignite excitement as Barcelona clashes with Paris Saint-Germain (PSG) at Camp Nou this Tuesday, April 16. This crucial match could define the season for both clubs, with Barcelona aiming to claim their first Champions League title since 2015, and PSG still seeking their inaugural win. The same evening, Atletico Madrid …

Three Israeli soldiers were injured on Tuesday when two suicide drones, launched from Lebanon, struck the northern Israeli community of Beit Hillel, according to Israeli media. The Israeli military verified the attack, stating that “two armed” drones crossed into northern Israel and detonated near the community. “The incident is currently under investigation,” a military spokesperson announced. Hezbollah openly acknowledged orchestrating …

Jebran Bassil, the leader of the Free Patriotic Movement, has addressed a letter to key international and national figures, including the ambassadors of U.N. Security Council member states, UNIFIL countries, the members of the five-nation group for Lebanon, the Vatican, the EU ambassador, the U.N. special coordinator for Lebanon, Speaker Nabih Berri, caretaker Prime Minister Najib Mikati, and caretaker Foreign …