EXPLAINER
What is China’s anti-sanctions law and how does it work?
Beijing’s order blocking US sanctions on five oil refineries marks first invocation of 2021 law.
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EXPLAINER
US plans to hike tariffs on EU cars to 25% will hit luxury market the most
US says it will hike tariffs to 25% because the EU has not complied with trade deal last year that set tariffs at 15%.
Microsoft, Google, xAI give US access to AI models for security testing
The deal comes days after the Pentagon announces an agreement with seven tech giants to use AI in classified systems
From: Counting the Cost
Can central banks curb inflation as energy costs rise?
Central banks hold rates steady as energy shock tests inflation fight.
Published On 5 May 2026
GameStop targets eBay with unsolicited $56bn acquisition offer
eBay confirms receiving GameStop’s offer, with no prior discussions between the companies
China blocks US sanctions against five ‘teapot’ refineries
Ministry of Commerce says sanctions against refineries accused of importing Iranian oil violate international law.
In Yemen, Starlink internet brings opportunities – for some
Despite Houthi resistance and affordability challenges, Starlink fuels growth in Yemen’s digital workforce.
Yemen reports hijacked oil tanker headed for Somalia
The incident marks at least the fourth vessel hijacking near Somalia in recent weeks.
K-pop’s BTS comeback tour rallies South Korea’s global ‘soft power’ drive
K-pop sensations BTS ignited a wave of interest in South Korean culture that now extends from food to cosmetics.
May Day rallies sweep US, demanding reforms for working-class rights
May Day events include calls to ‘tax the rich’ and abolish ICE amid $70bn proposed funding for immigration enforcement.
![More than 3,000 events are planned in 40 cities around the United States [Reuters/Kylie Cooper]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/05/2026-05-01T180739Z_390843763_RC2I0LAXVLNW_RTRMADP_3_MAY-DAY-USA-1777659500.jpg?resize=770%2C513&quality=80)
Trump announces 25 percent tariffs on European Union cars, trucks
US president says EU ‘not complying’ with current trade deal, launches new tariffs to begin next week.
