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The United States has started imposing a new 10% tariff.

Ikechukwu Emmanuel

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As of 12:01 a.m. ET on Saturday, U.S. Customs and Border Protection (CBP) began enforcing the 10% tariff imposed by President Trump on imports from numerous countries. Higher tariffs targeting 57 major trading partners are scheduled to follow next week.

This action represents a significant departure from the post-World War II framework of reciprocal tariff agreements. Kelly Ann Shaw, a trade lawyer at Hogan Lovells and former White House trade advisor, described the move as “the single biggest trade action of our lifetime.”

The announcement has already reverberated through global markets. By the close of trading on Friday, it had triggered a $5 trillion decline in the stock market valuation of 500 leading companies over two days. Oil and commodity prices also experienced sharp declines, with investors shifting capital into government bonds.

While a CBP bulletin indicated that no grace period would be granted for cargoes already en route at the time of implementation, a subsequent bulletin provides a 51-day grace period for goods loaded onto vessels or planes and in transit before 12:01 a.m. ET Saturday. The long-term economic implications of these tariffs remain to be seen.

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UK Deploys Military Assets to Middle East Amidst Escalating Iran-Israel Conflict.

Ikechukwu Emmanuel

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In response to the escalating conflict between Iran and Israel, the United Kingdom is deploying fighter jets and other military assets to the Middle East. Prime Minister Keir Starmer announced the deployment, stating it is for “contingency support.”

The Prime Minister has engaged in discussions with both US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, emphasizing the need for de-escalation. Foreign Secretary David Lammy has also communicated with Iranian officials, urging restraint and emphasizing the importance of protecting civilians.

The UK’s actions reflect a commitment to regional stability and a concerted effort to prevent further escalation of the conflict. Ongoing discussions with allies aim to de-escalate the situation and promote a peaceful resolution.

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A person who attacked and killed a Nigerian schoolboy with a sword in the UK has been sentenced to life in prison.

Ikechukwu Emmanuel

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Marcus Monzo, a 37-year-old of Spanish-Brazilian descent, has been sentenced to life imprisonment with a minimum term of 40 years for the murder of 14-year-old Daniel Anjorin in Hainault, northeast London. The sentencing follows Monzo’s conviction for the unprovoked and brutal attack on Daniel, as well as attacks on other members of the public and police officers, in April of last year.

The court heard how Monzo, under the influence of cannabis-induced psychosis, initiated a violent rampage, culminating in the near-decapitation of Daniel Anjorin as the young boy walked to school. Judge Joel Bennathan strongly condemned Monzo’s actions, acknowledging the profound grief inflicted upon Daniel’s family.

Judge Bennathan also commended the bravery of the police officers involved, highlighting their courage in confronting and disarming Monzo, thereby protecting the public. Monzo’s sentence reflects the severity of his crimes and the devastating impact on the victims and the community.

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Niger to Nationalize Uranium Mine Amidst Shifting Alliances.

Ikechukwu Emmanuel

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Niger has announced plans to nationalize the Somair uranium mine, currently operated by French nuclear firm Orano. This decision marks a further departure from France, Niger’s former colonial power, and a potential realignment with Russia. The military government, in power since a 2023 coup, accuses Orano of unfairly benefiting from the mine’s output since its launch in 1971. Orano, which holds a 63% stake in Somair, disputes the allegations and has threatened legal action, citing a “systematic policy of stripping mining assets.” This move follows Niger’s earlier removal of Orano’s operational control over key mines in the country. The nationalization reflects a broader trend in West Africa, with Mali and Burkina Faso also pursuing similar policies under military rule. The situation is further complicated by existing arbitration processes between Orano and Niger, including a recent lawsuit filed by Orano.

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