Skip to content
Search

Latest Stories

What We're Watching

Trump talks of taking the Panama Canal - and jokes about Elon Musk

A ship passes through the Panama Canal's Culebra Cut, heading northbound for the Caribbean, Dec 30. The Canal, built and operated by the United States, will transfer to Panamanian control at a noon ceremony on December 31.

A ship passes through the Panama Canal's Culebra Cut, heading northbound for the Caribbean, Dec 30. The Canal, built and operated by the United States, will transfer to Panamanian control at a noon ceremony on December 31.

REUTERS
Make us preferred on Google

The President-elect is also making waves for saying that the United States must "retake" control of the Panama Canal. At a rally in Arizona on Sunday, Trump claimed that the canal's 1999 handover to Panama under the terms of an agreement signed by President Jimmy Carter was a "terrible mistake" and argued that the US must act to stop being “ripped off” by Panama and thwart the influence of China in the region.


The Panama Canal, built and managed by the US for decades, handles 2.5% of global ocean traffic, facilitating US imports from Asia and exports of key commodities including LNG.

At the same rally, Trump addressed chatter about Elon Musk usurping the US presidency. Last week, Musk had unsuccessfully attempted to sway Republican members of Congress to oppose US President Joe Biden’s latest spending bill, prompting fears of a government shutdown and accusations that Musk was acting like the President instead of an unelected advisor.

On Sunday, Trump joked that the South African native “is not going to be president. That I can tell you. I’m safe. You know why? He can’t be. He wasn’t born in this country.”

More For You

Brazilian Senator Flavio Bolsonaro, who is to be announced as candidate for Brazil's presidential elections, attends the national convention of the Liberal Party (PL)

Brazilian Senator Flavio Bolsonaro, who is to be announced as candidate for Brazil's presidential elections, attends the national convention of the Liberal Party (PL) in Sao Paulo, Brazil, July 25, 2026.

REUTERS/Jean Carniel
Bolsonaro rushes for a running mateBrazilian presidential candidate Flávio Bolsonaro has until tomorrow to find a running mate, but he may be scrambling after his top choice was barred from joining his ticket by her own party. Last week, Bolsonaro announced conservative Senator Tereza Cristina Dias was his preferred running mate for the October [...]
An electronic board displays the exchange rate of the Japanese yen against the U.S. dollar in Minato Ward, Tokyo on August 3, 2026.
An electronic board displays the exchange rate of the Japanese yen against the U.S. dollar in Minato Ward, Tokyo on August 3, 2026.
REUTERS/The Yomiuri Shimbun
The US and Japan stage a “Yentervention”Japan and the United States confirmed today they jointly intervened to prop up the Japanese yen, the first such action since 2011. Washington purchased an estimated $5 to 10 billion worth of yen, though the White House has not confirmed the exact amount. The Japanese currency recently plunged to a 40-year [...]
A U.S. military aircraft takes off from an unknown location

A U.S. military aircraft takes off from an unknown location during what U.S. Central Command (CENTCOM) says are strikes on Iran, in this screengrab from a handout video released on July 29, 2026.

U.S. Central Command/Handout via REUTERS
Iran war draws in more countries as fighting escalatesAfter a few days of relative calm, the Iran war is escalating once again, and this time, more countries are in the mix. Egypt said two ships were hit with a drone in the port of Damietta on Wednesday, just 40 miles from the exit of the Suez Canal, the first attack in the country since the war [...]
Founder and CEO of Telegram Pavel Durov

Founder and CEO of Telegram Pavel Durov delivers a keynote speech during the Mobile World Congress in Barcelona, Spain February 23, 2016.

REUTERS/Albert Gea
Mixed signals from the Kremlin on TelegramRussia announced on Wednesday it charged the founder of Telegram, Russian-born Pavel Durov with facilitating terrorism for allegedly failing to remove information used to organize attacks inside the country. Earlier this year, Russia cracked down on the messaging app – slowing download speeds and blocking [...]