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1. Trump expands Cuba sanctions with global reach, targeting foreign banks and firms

   US President Donald Trump on Friday signed an executive order expanding sanctions on Cuba, authorising penalties not only against Cuban officials but also on foreign companies and financial institutions that do business with the island. The order significantly broadens Washington’s ability to exert economic pressure, allowing US authorities to target third-country actors deemed to support the...

2. US sanctions China-based operator, others over alleged Iran oil trade links

   The United States on Friday announced fresh sanctions on entities and individuals it said were involved in trading Iranian petroleum, including a China-based oil terminal operator and a Chinese national, as it ramped up pressure on Tehran to end the conflict. The State Department said the operator, Qingdao Haiye Oil Terminal Co., Ltd, “imported tens of millions of barrels of sanctioned Iranian...

3. Oscar goes missing after director forced to check it on flight: ‘could be used as weapon’

   After being forced to check his Academy Award on a transatlantic flight, recent winner Pavel Talankin’s Oscar went missing before an airline tracked it down two days later. Talankin, who co-directed the best documentary winner Mr Nobody Against Putin, did not expect to have to check his statuette for a flight from New York’s John F. Kennedy Airport bound for Frankfurt, Germany, on Wednesday. But...

4. Trump ‘not satisfied’ with Iran’s latest peace proposal as talks stall

   US President Donald Trump said on Friday that he was dissatisfied with Iran’s latest proposal for peace talks, as negotiations between the two sides remain stalled despite a weeks-long ceasefire. “At this moment, I’m not satisfied with what they’re offering,” Trump told reporters. Iranian state media reported that Tehran had submitted a new proposal aimed at ending the conflict that began with...

5. King Charles wins praise for deft handling of Trump on US state visit

   US President Donald Trump sang the praises of King Charles after the latter’s state visit this week. He even lifted some tariffs on Scotch whisky as a favour to the British monarch. The king delivered a diplomatic masterclass on the trip, mixing praise for his host with subtle criticism. It’s unclear, though, whether it will make a major difference to a transatlantic relationship troubled by...

6. Trump to put 25% tariffs on EU cars, says bloc not complying with trade deal

   US President Donald Trump said on Friday that he would increase the tariffs charged on cars and trucks from the European Union next week to 25 per cent, a move that could jolt the world economy at a fragile moment. Trump said in the post that the EU “is not complying with our fully agreed to Trade Deal”, though he did not flesh out his objections in the post. Trump and European Commission...

7. Plane crash in US Texas state kills all 5 on board

   A small plane crashed in Texas Hill Country, killing all five people aboard, officials said on Friday. The crash happened on Thursday night in Wimberley, a city about 40 miles (65km) southwest of Austin, Hays County Judge Ruben Becerra said on social media. The Federal Aviation Administration said the Cessna 421C crashed around 11.25pm with five people on board. It said the FAA and National...

8. Wall Street rises towards more records as oil prices slip

   The US stock market is rising towards more records on Friday after Apple, Estee Lauder and other big companies became the latest to deliver fatter profits for the start of the year than analysts expected. Modest dips for oil prices also helped to steady the relatively few stock markets open worldwide on the May Day holiday. The S&P 500 rose 0.6 per cent and added to its all-time high set the day...

9. Beijing backs Cuba, Brazil slams BYD slave labour conditions: Latin America relations reads

   We have selected six of the most interesting and important news stories covering Latin American relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. Chile exposes smuggling ring that shipped US$917m in stolen copper to China Chinese buyers were the end destination of a five-year smuggling pipeline that drained an estimated US$917...

10. Uber to buy cab-ordering platform FlyTaxi ahead of ride-hailing regulation

    Uber has announced it is acquiring the Hong Kong-based online cab-hailing platform FlyTaxi to expand its taxi services, ahead of the implementation of a regulatory regime for ride-hailing services later this year. In a statement on Friday, Uber said that its acquisition of FlyTaxi was part of its commitment to help grow the taxi industry and provide “greater economic opportunities” for...