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EU Defends Tech Regulations Amid Trump Criticism

The European Union on Tuesday reaffirmed its sovereign right to regulate economic activities within its borders, including rules affecting major technology firms. “It is the sovereign right of the EU and its member states to regulate economic activities on our territory, which are consistent with our democratic values,” said European Commission chief spokesperson Paula Pinho….

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South African Rand Slumps After Trump’s Tariff Threat On BRICS-aligned Countries

South Africa’s rand fell on Monday as markets reacted to U.S. President Donald Trump’s threat to impose additional tariffs on BRICS-aligned countries, while also awaiting updates on country-specific levies ahead of Washington’s looming July 9 deadline. Trump said on Sunday in a post on Truth Social that countries aligning themselves with what he called the…

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