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Art Sales Fell by 12% Last Year, Art Basel and UBS Report Says

Sales in the international art market declined 12 percent in 2024, according to the Art Basel and UBS Global Art Market Report published on Tuesday. The annual report, seen as the most reliable indicator of the art market’s size and health, said that sales had fallen for the second year in a row. “Decline in […]

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China Accuses U.S. of Blackmail After Trump Threatens More Tariffs

China lashed out at the United States on Tuesday after President Trump demanded that Beijing rescind its retaliatory tariffs or face an additional 50 percent U.S. levy, calling his threat “blackmail,” as tensions between the two major powers rose. The Ministry of Commerce, without referring to the American president by name, said that Beijing had […]

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Myanmar fighting continues despite post-earthquake ceasefires

Fighting has been reported in Myanmar despite the military junta and a rebel group alliance announcing temporary ceasefires to support earthquake relief. As of Friday, the military had carried out at least 14 attacks since the ceasefire, according to reports received by the UN Human Rights office. The military accused two rebel groups in the […]

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Manchester derby shows City, United flaws, Madrid lose, more

Another weekend in Europe’s top soccer leagues brought plenty for us to talk about. (When doesn’t it?) Sunday’s Manchester derby promised a lot but delivered little, while Real Madrid lost ground in LaLiga’s title race with a stunning home defeat to Valencia — Los Che‘s first away win of the 2024-25 season. (Don’t stress too […]

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Some Calm Returns to Asian Markets Even as Trade Tensions Escalate

After three days of global market turmoil not seen since the early days of the Covid-19 pandemic, stocks in Asia regained a measure of calm on Tuesday despite little let up in the escalating trade tensions caused by President Trump’s tariffs. Before markets opened in China, the government unleashed a series of measures to stabilize […]

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What can Keir Starmer do in a world buffeted by Donald Trump?

Getty Images Prime Minister Sir Keir Starmer visiting a Jaguar Land Rover car factory on Monday along with Chancellor of the Exchequer Rachel Reeves As if the economic picture in the UK wasn’t shaky already, it has now got shakier still. The cost of living is continuing to bite for many and people will worry […]

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Trump claims US held direct nuclear talks with Iran | Politics News

President Donald Trump has announced that the United States has begun direct negotiations with Iran over its nuclear programme, after Tehran had earlier dismissed Washington’s calls for the talks. “We’re having direct talks with Iran, and they’ve started. It’ll go on Saturday. We have a very big meeting, and we’ll see what can happen,” Trump […]

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