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Top EU official questions Trump’s trustworthiness over Greenland tariff threat

January 20, 2026
Politics

DAVOS, Switzerland, January 20, 2026 (AP) — The European Union’s top official on Tuesday called into question U.S. President Donald Trump’s trustworthiness, saying that he had agreed last year not to impose more tariffs on members of the bloc. European Commission President Ursula von der Leyen called Trump’s planned new tariffs over Greenland “a mistake especially between long-standing allies.” She was responding to Trump’s announcement that starting February, a 10% import tax will be imposed goods from eight European nations that have rallied around Denmark in the wake of his stepped up calls for the United States to take over

Rupee falls 7 paise to settle at record low of 90.97 against US dollar

January 20, 2026
Finance
Rupee hits record low

Mumbai, Jan 20 (PTI) The rupee depreciated 7 paise to close at a record low of 90.97 (provisional) against the US dollar on Tuesday, as strong dollar demand from metal importers and persistent foreign fund outflows dented investor sentiment. Forex traders said rising geopolitical uncertainties, including renewed US expansionary signals, have increased risk aversion and kept emerging market currencies under pressure. Moreover, a sluggish domestic stock market triggered by an exodus of foreign capital further weighed on the local unit, they said. At the interbank foreign exchange, the rupee opened at 90.91 and lost ground, touched an intraday low of

Sensex, Nifty tumble over 1 pc on geopolitical worries

January 20, 2026
Finance

Mumbai, Jan 20 (PTI) Stock market benchmark indices Sensex and Nifty tanked over 1 per cent on Tuesday due to heavy selling pressure in market heavyweights Reliance, Bajaj Finance and M&M amid escalating geopolitical tensions. Besides, ongoing weakness in the rupee and persistent foreign fund outflows dented investors’ sentiment. Extending its previous day’s decline, the 30-share BSE Sensex tumbled 1,065.71 points, or 1.28 per cent, to settle at 82,180.47. During the day, it dropped 1,235.6 points, or 1.48 per cent, to 82,010.58. The 50-share NSE Nifty tanked 353 points, or 1.38 per cent, to end at 25,232.50. From the 30-Sensex

No option ‘off the table’ as UK mulls social media ban for children

January 20, 2026
General

LONDON, Jan 20 (Reuters) – Britain will consider tightening rules on children’s use of social media with no option “off the table,” Prime Minister Keir Starmer said on Tuesday, warning that they risked being pulled into “a world of endless scrolling, anxiety and comparison.” Starmer said his Labour government was prepared to take “robust action”, a day after it said it would examine whether features such as infinite scrolling and the age at which children can access platforms should be restricted. The government said it would examine evidence from around the world on suggested proposals including looking at whether a

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