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UK borrowing in May surges by more than expected
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US launches trade probe into Germany over medicine prices
Washington accuses Berlin of underpaying for innovative medicines. If the investigation confirms this, the United States could even impose punitive tariffs. The United States has launched a trade investigation against Germany over drug pricing.
A Viral Knicks Moment, Brought to You by a Prediction Market
Jake Epstein, a content creator, hosted a Jalen Brunson look-alike contest for Polymarket, a prediction market company, on Wednesday in Washington Square Park.
Normal shipping will not resume in strait of Hormuz until 80 mines cleared
Tanker owner trade body says centre of strait will remain closed for ‘some time’, with vessels risking running aground by taking Omani routeThe centre of the strait of Hormuz is blocked with about 80 mines that will need clearing for normal shipping to resume, the independent tanker owner trade body has said. Several vessels began to exit the Gulf through the key maritime chokepoint on Thursday, after the signing of a memorandum of understanding between the US and Iran.