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CNN  —  US President Donald Trump’s top trade officials will meet with their Chinese counterparts this week to discuss a de-escalation of their increasingly ugly and damaging trade war. The future of the global economy is riding on their success. The trade talks, the first in-person meeting between Chinese and American officials since the tit-for-tat tariff escalation kicked off in earnest in March, are unlikely to result in a trade deal, Treasury Secretary Scott Bessent said Tuesday. But tariffs have reached such a high level that trade between the two countries has dropped off dramatically. Any thaw in the trade…

TOKYO – US Treasury Secretary Scott Bessent should be careful what he wishes for when he demands that the International Monetary Fund be a “brutal truth teller” on China.At a business conference on Monday (May 5), Bessent urged IMF Managing Director Kristalina Georgieva to “call out countries” that “have pursued globally distortive policies and opaque currency practices for many decades.”Though Bessent was referring to China, hypocrisy abounds as his boss, Donald Trump, pursues the most “globally distortive policies” Asia has ever seen from Washington.And as Bessent’s Treasury team mulls, on Trump’s behalf, how to execute “opaque currency practices” that have…

Before voting begins, the College of Cardinals will gather for a special mass at 10 a.m. local time (4 a.m. ET) in St. Peter’s Basilica. The service, known as “Pro Eligendo Romano Pontifice,” will be led by Cardinal Giovanni Re, the Dean of the College of Cardinals. During the service, Cardinal Re will deliver a homily — the result of conversations with the cardinals gathered in Rome since Pope Francis’ death — expounding the church’s priorities for the next papacy. At around midday, the cardinals will break for a long lunch and a final period of reflection. At 4:30 p.m.…

President Donald Trump said Tuesday that Andrew Giuliani, son of former New York City Mayor Rudy Giuliani, will serve as executive director of the presidential task force for the 2026 FIFA World Cup, to be hosted by the United States, Canada and Mexico.During Trump’s first term, Andrew Giuliani served as a special assistant to the president and associate director of the Office of Public Liaison. Trump described him as a highly competitive golfer and person.In a post on Truth Social, Trump also said Carlos Cordeiro, a FIFA senior adviser, will serve as a task force senior adviser.Editor’s Picks1 Related”Together this…

Inter Milan substitute Davide Frattesi struck an extra-time winner to send his side into the Champions League final following a barnstorming 4-3 victory over Barcelona on Tuesday after Francesco Acerbi had rescued them from the brink of elimination with a stunning equalizer deep in added time.Frattesi’s goal secured Inter a rip-roaring 7-6 aggregate victory in a semifinal for the ages that finished up with the Italian side reaching the Munich final where they will face either Paris Saint-Germain or Arsenal later this month.It was a tale of two halves as Inter dominated the first 45 minutes and opened a two-goal…

India said on Wednesday that it carried out “precision strikes” on “terrorist camps” across nine sites in Pakistan, as its neighbour promised to retaliate. Pakistan said the strikes hit civilian areas.  The two nuclear-armed states have been balanced on a razor’s edge since last month when India blamed Pakistan for a deadly terrorist attack in India-administered Kashmir. The attacks come after Pakistan on April 30 said it had credible intelligence that a military incursion by India was “imminent” in the aftermath of the deadly attack on the tourist hub of Pahalgam. Pakistan has vehemently denied any involvement in the attack, and India has…

Hong Kong CNN  —  As Russian President Vladimir Putin prepares for his heavily choreographed May 9 “Victory Day” military parade, he’s been clear who’s at the top of his guest list: Xi Jinping. The Chinese leader is set to arrive in Moscow on Wednesday for a four-day state visit, where he’ll deepen “mutual trust” with Putin, according to Beijing, and attend activities commemorating 80 years since the Allied forces’ World War II victory over Nazi Germany. Xi’s attendance marks a strong showing of unity between the two autocrats and their nations at a moment when US President Donald Trump’s “America…

CNN  —  A new superbug threat is spreading around the world. The culprit: microscopic fungal spores that live in and on human bodies and in the dirt and air. Torrence Irvin believes the life-threatening fungi called Coccidioides entered his lungs in June 2018 while he was relaxing in his backyard in Patterson, California. “I was sitting in my lounger enjoying a nice summer day, playing games on my phone and having a cocktail,” said Irvin, who came close to death before a specialist correctly diagnosed his infection nearly a year later. “I went from a 290-pound man to 150-pound skeleton,”…

CNN  —  American consumers are on the cusp of tough choices because of President Donald Trump’s trade war. Ships now pulling into US harbors from China are the first to be subject to the massive tariffs that America is imposing on most Chinese imports. That means, in a matter of weeks, consumers will face higher prices and shortages of certain items. Imports from China have fallen dramatically since Trump imposed steep tariffs – particularly since last month, when the tit-for-tat trade war sent the tariff on most Chinese goods up to 145%. “This week, we’re down about 35% compared to…

The top stories and transfer rumours from Wednesday’s newspapers…THE SUN Newcastle United are set to join the race for Bayer Leverkusen centre-back Jonathan Tah.Leicester City are targeting Bristol City manager Liam Manning, with the relegated club expected to part ways with Ruud van Nistelrooy this summer.Manchester United captain Bruno Fernandes has received a mega-money offer from Saudi Arabian side Al-Hilal, according to reports. Image: Bruno Fernandes celebrates scoring Man Utd’s second goal against Athletic Club Emma Raducanu says she is “nervous” about failing a drugs test should she ever take contaminated medicine – or if she were deliberately targeted by…