London, May 12, 2025 (AFP) - Markets rally after China, US slash tariffs

NAMPA / AFP
2025-05-12
Stock markets, the dollar and oil prices rallied Monday after Chinese and US officials slashed tit-for-tat tariffs for 90 days, fuelling hopes the two sides will pull back from a standoff that has rattled global markets. Hong Kong's stock market closed up 3.0 percent in reaction, while Paris led the way in Europe, gaining 1.4 percent in midday deals. The big gainer in the French capital was luxury giant LVMH, the maker of Louis Vuitton handbags,......
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OKAHANDJA, 12 May 2025 - Some members of the Ovambanderu Youth League and other mourners who paid tribute to Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua during his burial in Okahandja on Sunday (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Some members of the Ovambanderu Youth League and other mourners who paid tribute to Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua during his burial in Okahandja on Sunday (Photo: Zebaldt Ngaruka) NAMPA

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OKAHANDJA, 12 May 2025 - Some members of the Ovambanderu Youth League who paid tribute to Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua during his burial in Okahandja on Sunday (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Some members of the Ovambanderu Youth League who paid tribute to Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua during his burial in Okahandja on Sunday (Photo: Zebaldt Ngaruka) NAMPA

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OKAHANDJA, 12 May 2025 - Some members of the Ovambanderu Youth League and other mourners who paid tribute to Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua during his burial in Okahandja on Sunday (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Some members of the Ovambanderu Youth League and other mourners who paid tribute to Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua during his burial in Okahandja on Sunday (Photo: Zebaldt Ngaruka) NAMPA

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OKAHANDJA, 12 May 2025 - Some members of the Ovambanderu Youth League who paid tribute to fallen Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua during his funeral in Okahandja on Sunday. (Photo: Zebaldt Ngaruka)

OKAHANDJA, 12 May 2025 - Some members of the Ovambanderu Youth League who paid tribute to fallen Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua during his funeral in Okahandja on Sunday. (Photo: Zebaldt Ngaruka)

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OKAHANDJA, 12 May 2025 - Agriculture Minister Inge Zaamwani represented President Netumbo Nandi-Ndaitwah at the funeral of Gerson Kunomundu Katjirua in Okahandja. (Photo by: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Agriculture Minister Inge Zaamwani represented President Netumbo Nandi-Ndaitwah at the funeral of Gerson Kunomundu Katjirua in Okahandja. (Photo by: Zebaldt Ngaruka) NAMPA

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OKAHANDJA, 12 May 2025 - Mourners pictured at the funeral of Gerson Kunomundu Katjirua in Okahandja. (Photo by: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Mourners pictured at the funeral of Gerson Kunomundu Katjirua in Okahandja. (Photo by: Zebaldt Ngaruka) NAMPA

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OKAHANDJA, 12 May 2025 - Agriculture Minister Inge Zaamwani delivered President Netumbo Nandi-Ndaitwah’s message of condolences at the funeral of senior councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua, in Okahandja (Photo by: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Agriculture Minister Inge Zaamwani delivered President Netumbo Nandi-Ndaitwah’s message of condolences at the funeral of senior councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua, in Okahandja (Photo by: Zebaldt Ngaruka) NAMPA

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KATIMA MULILO, 11 May 2025 – The Lajayde Athletics Club hosted its first-ever championship event at Katima Mulilo in the Zambezi Region over the weekend. (Photo: Contributed)

KATIMA MULILO, 11 May 2025 – The Lajayde Athletics Club hosted its first-ever championship event at Katima Mulilo in the Zambezi Region over the weekend. (Photo: Contributed)

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