Herald section
The latest business reporting from The Belfast Herald.
The 21st Century ROAD to Housing Act became law after President Donald Trump declined to sign it, allowing it to take effect automatically. The legislation includes provisions to expand affordable housing and reduce housing costs through regulatory changes and federal funding.
The United States will not renew the USMCA trade agreement, opting instead for annual reviews and potential amendments. The decision follows claims that trade deficits with Mexico and Canada increased under the agreement.
The U.S. House of Representatives has passed the 21st Century ROAD to Housing Act, which aims to reduce housing costs and support affordable housing, sending it to President Donald Trump for signature.
Crude oil prices dropped 5% following U.S. President Donald Trump's announcement of a completed deal with Iran to reopen the Strait of Hormuz and end the U.S. blockade. The agreement includes the removal of mines and the resumption of oil flows, though details remain unclear.
The René Mouawad Airport in northern Lebanon has been inaugurated as the country's second international airport, with rehabilitation work set to begin and full service expected by November 2026, despite ongoing fighting between Israel and Hezbollah.
Russia's crude oil exports reached their highest level since before the 2022 invasion of Ukraine during 2026, driven by rising global oil prices linked to the Iran war fuel crisis.
The Dutch cabinet has approved legislation to prohibit imports of goods from Israeli settlements in occupied Palestinian territories, with plans to assess extending the ban to services and investments.
US president Donald Trump announces removal of tariffs on all whisky imports, including Scotch and Irish whisky, following a state visit by King Charles and Queen Camilla.