Donald Trump and Xi Jinping reached a significant trade agreement during their recent meeting in South Korea, while political tensions in Europe and the UK continue to escalate. In Gaza, Israel's military actions have raised concerns about the fragile ceasefire, and protests against Israeli tourism in Greece highlight growing social movements. Meanwhile, a push for a four-day workweek is gaining traction among business leaders in England.

Trade Agreements Between the US and China
During a meeting in Busan, South Korea, US President Donald Trump announced a breakthrough in trade negotiations with Chinese President Xi Jinping. The two leaders agreed to reduce tariffs on Chinese goods, particularly a 10% cut on the "fentanyl tariff," which will lower overall tariffs from 57% to 47%. Trump stated that China would also suspend export controls on rare earth materials and commit to purchasing US soybeans. This agreement, which Trump described as a "12 on a scale of one to 10," is expected to last for one year, with annual negotiations anticipated. Both leaders also discussed cooperation on the ongoing conflict in Ukraine.

Political Turmoil in Europe
In the Netherlands, the parliamentary election results show the far-right Party for Freedom (PVV), led by Geert Wilders, narrowly ahead of the centrist D66 party. With nearly all votes counted, the PVV leads by just under 1,400 votes, but coalition talks are expected to be lengthy, as major parties have ruled out forming a government with Wilders. In France, police arrested five suspects connected to a high-profile robbery at the Louvre, where thieves stole crown jewels valued at €88 million. The investigation continues as authorities seek to recover the stolen items.

Security Measures and Protests in Greece
In Greece, authorities have increased security at ports to prevent protests against the MS Crown Iris, a cruise ship carrying Israeli tourists. Demonstrations erupted following the ship's arrival, reflecting local opposition to Israel's military actions in Gaza. Protesters expressed their anger at the ongoing violence, stating that they could not remain silent. This situation highlights the complex relationship between Greece and Israel, as the two nations have developed closer ties in recent years.

Escalation of Violence in Gaza
Israel conducted airstrikes in Gaza, resulting in the deaths of at least 104 Palestinians, including numerous children. The Israeli military claimed the strikes targeted military infrastructure, but the attacks have raised doubts about Israel's commitment to the US-brokered ceasefire. Palestinian officials condemned the airstrikes, describing them as massacres and calling for accountability. The situation remains tense, with both sides accusing each other of violating the ceasefire agreement.

Push for a Four-Day Workweek in the UK
In the UK, over 100 business and charity leaders have urged the government to support the transition to a four-day workweek. This call follows criticism from the local government secretary regarding a council's trial of the shorter work pattern. Proponents argue that a four-day week can lead to improved productivity and employee satisfaction, while the council claims it has saved money and maintained service quality during the trial. The debate continues as more councils consider similar initiatives.

Wrap-up
Today's global news highlights significant developments in trade relations, political upheaval, social movements, and ongoing conflicts. As countries navigate these complex issues, the implications for international relations, domestic policies, and social justice remain profound.

Sources
theguardian.com
newsis.com

@hoju-korean.com Editorial Team