1. China has granted some exemptions on U.S. imports from its 125% tariffs and is asking businesses to identify goods that could be eligible in the clearest sign yet that Beijing is worried about the economic fallout from its trade war with Washington, according to businesses notified.
2. India's army chief will review security arrangements on Friday and visit the site of a deadly attack on tourists in Indian Kashmir earlier this week, with fears of fresh tensions with long-time rival and neighbour Pakistan spooking markets.
3. The United States is poised to offer Saudi Arabia an arms package worth well over $100 billion, six sources with direct knowledge of the issue told Reuters, saying the proposal was being lined up for announcement during U.S. President Donald Trump's visit to the kingdom in May.
4. Kyiv's Mayor Vitali Klitschko said Ukraine may need to temporarily cede land as part of a peace deal with Russia, Britain's BBC reported on Friday.
5. The World Food Programme warned on Friday it is facing a funding shortfall that could impact its ability to supply support to people facing acute food shortages in Sudan within weeks.
#China #TradeWar #Economy #Tariffs #India #Security #Kashmir #Pakistan #USA #SaudiArabia #ArmsDeal #Trump #Ukraine #PeaceDeal #Russia #Kyiv #WorldFoodProgramme #Funding #Sudan #FoodShortage #News #Reuters #Newsfeed
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