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The Latest Breaking News from International Business Times

Equities Swing, Bitcoin Hits Record As Traders Weigh Trump 2.0

Asian equities fluctuated Thursday, while the dollar held gains and bitcoin hit a fresh record as markets try to ascertain the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China.

International Business Times

Brazil's Amazon Posts Lowest Deforestation In Nine Years: Govt

The Brazilian Amazon experienced its smallest amount of yearly deforestation in nearly a decade, President Luiz Inacio Lula da Silva's government reported Wednesday, in line with its promise to combat forest loss.

International Business Times

US Fed Rate Cut Plans Likely Unchanged By Trump Victory

The US Federal Reserve is widely expected to cut interest rates by a quarter point Thursday, looking beyond the election results to continue easing borrowing costs on the back of cooling inflation.

International Business Times

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Trump Has Vowed Sweeping Tariffs: What Comes Next?

US president-elect Donald Trump says "tariff" is the most beautiful word in the dictionary -- and the Republican's second term promises sweeping measures on all $3 trillion worth of US imported goods.

International Business Times

Thriving Scorpion Population Is Stinging Problem For Brazil

Forget snakes, it's scorpions Brazilians most need to worry about. The most widely found species in the country, the Brazilian yellow scorpion, is the most dangerous scorpion in South America.

International Business Times

Trump's Legal Problems Likely To Be Dismissed With Election

Most of Donald Trump's woes will go away due to a memorandum by the United States Justice Department (DOJ) against prosecuting a sitting president.

International Business Times

Raygun Retires From Breaking After 'Upsetting' Olympic Backlash

Australian breakdancer Rachael "Raygun" Gunn has announced her retirement from competition, citing a "really upsetting" backlash following her performance at the Paris Olympics.

International Business Times

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Inter Milan Sink Arsenal In Champions League, Atletico Sting PSG Late On

A Hakan Calhanoglu penalty gave Inter Milan a 1-0 victory over Arsenal in the Champions League on Wednesday, while a 93rd-minute winner ensured Atletico Madrid left Paris with all three points.

International Business Times

Australia Moves To Ban Children Under 16 From Social Media

Australia will move to pass new laws banning children under 16 from social media, Prime Minister Anthony Albanese said Thursday, vowing to crack down on tech giants failing to protect vulnerable users.

International Business Times

Bolivia Demonstrators Announce 72-hour Suspension Of Blockades

Supporters of former Bolivian president Evo Morales, who have been blocking roads in the center of the country for three weeks in a standoff with the government, on Wednesday announced a 72-hour "humanitarian" pause.

International Business Times

US Pollsters Underestimate Trump Support -- Again

Opinion polls underestimated the level of Donald Trump's support for the third US presidential election in a row, predicting a neck-and-neck race with Kamala Harris when in the end the Republican edged the vice president across battleground states.

International Business Times

Michigan Official Easily Wins Reelection Despite Child Sex Crime Charges

An elected official in Michigan won his seat back in a landslide victory despite resigning in September for child sex crime charges.

International Business Times

Biden's Legacy In Ruins After Trump Triumph

Joe Biden hoped Kamala Harris would salvage his legacy as the man who saved America from Donald Trump.

International Business Times

Video Guides on Easiest Countries for Americans to Move Flood Social Media After Trump Win

International Business Times

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International Business Times

Wind-fanned Wildfire Burning Out Of Control Near Los Angeles

A wildfire fanned by powerful winds was burning out of control near Los Angeles on Wednesday, with scores of residents ordered to evacuate and some taken to the hospital.

International Business Times

'Drill, Baby, Drill': Trump Policy Poses Risks, Opportunities For Oil Industry

Donald Trump's election as US president brings back a champion of the oil industry to the White House, but experts warn that his push for low prices could be at odds with petroleum companies' priorities.

International Business Times

Olaf Scholz: Germany's Steady Hand Losing Grip On Power

Germany's Chancellor Olaf Scholz has been dubbed the "Scholzomat" for a dry personal style bordering on the robotic, but also hailed as a safe pair of hands leading a country that values stability.

International Business Times

Hurricane Rafael Triggers Nationwide Blackout In Cuba

Hurricane Rafael knocked out power to all of Cuba on Wednesday as it made landfall on the island still reeling from a recent blackout and a previous major storm, the national power company said.

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International Business Times

Harris Calls For Healing, Unity In Wake Of Disappointing Election Loss To Trump

Vice President Kamala Harris congratulated Republican rival Donald Trump on his victory and called Americans to unify one day after suffering a surprisingly lopsided loss in the 2024 presidential election.

International Business Times

Bernie Sanders Tears Into Democratic Party Over Loss to Trump: 'American People Are Angry and Want Change'

Vermont Sen. Bernie Sanders released a statement on X, tearing into the Democratic Party for "abandoning" the working class, which in turned "abandoned them."

International Business Times

Germany's Embattled Scholz Paves Way For Early Elections

German Chancellor Olaf Scholz said Wednesday amid a deep coalition crisis that he will seek a vote of confidence in January that would pave the way for early elections by March.

International Business Times

Fox News Vindicated Over Early US Election Call Once Again

In the 2020 US presidential election, Fox News triggered controversy by calling the state of Arizona for Joe Biden days before competitor outlets deemed it safe to do so.

International Business Times

Trump's Win Aided By A Relentless Focus On The Cost Of Living

Donald Trump's US election victory was, at least in part, down to his success in pinning the blame for a post-pandemic inflationary surge on the Biden-Harris administration.

International Business Times

A Social Media User Correctly Predicted the Outcome of the 2024 Presidential Election. Twist: He Did It Before the 2020 Election Was Called

A social media user is being praised for accurately prophesying Donald Trump would run against and defeat Kamala Harris in 2024.

International Business Times

Trump Attorney General Calls for All Legal Action Against Trump to Be Dropped Immediately: Americans 'Rendered Their Verdict'

Former Attorney General Bill Barr urges prosecutors to drop all legal cases against President-elect Donald Trump.

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