President Dr. Rashad Muhammad Al-Alimi, Chairman of the Presidential Leadership Council, met Monday with Prime Minister Salem Saleh Bin Breik, Central Bank Governor Ahmed Ghaleb and Head of the Economic Team Hossam al-Sharjabi.
The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.
U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.
Japan supports its small, medium enterprises with $15.5 billion to face U.S. tariffs
[27/05/2025 06:53]
TOKYO-SABA
Japanese government announced today, Tuesday, a support package worth $15.5 billion to help small and medium-sized Japanese companies cope with the impact of the hefty tariffs imposed by the United States.
Japanese government spokesperson Yoshimasa Hayashi said at a press conference: "The plan, valued at 2.2 trillion yen, will include financial assistance for companies and easing of lending conditions with a state-backed credit institution."
Tokyo, a close ally of Washington and the main source of foreign investment in the United States, has become a target for additional 25% U.S. tariffs on cars and steel since the beginning of April last year. However, cars represent nearly 30% of Japanese exports to the United States.