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 the United States and China declared a 90-day truce in their trade war. Wall Street's main stock indices jumped at the start of trading, with the blue-chip Dow and the broader S&P 500 both up more than two percent in midday trading. The tech-heavy Nasdaq Composite was trading more than three percent higher. "Stocks are surging, safe havens are rapidly declining, and expectations for Fe......
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OKAHANDJA, 12 May 2025 - Ovambanderu Chief Eben Tjozohongo II Nguvauva (middle) with Chief Kungairi Nguvauva of Botswana (L) and Senior Councillor Arnold Ripuree Tjozongoro (R) during the funeral of Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Ovambanderu Chief Eben Tjozohongo II Nguvauva (middle) with Chief Kungairi Nguvauva of Botswana (L) and Senior Councillor Arnold Ripuree Tjozongoro (R) during the funeral of Senior Councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

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OKAHANDJA, 12 May 2025 - Popular Democratic Movement President, McHenry Venaani (L) questioned President Netumbo Nandi-Ndaitwah's absence from the funeral of war veteran, Gerson Katjirua in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Popular Democratic Movement President, McHenry Venaani (L) questioned President Netumbo Nandi-Ndaitwah's absence from the funeral of war veteran, Gerson Katjirua in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

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OKAHANDJA, 12 May 2025 - Members of the Ovambanderu Traditional Authority are irked by the denial of an official funeral to Senior Councillor, Gerson Kunomundu Katjirua, who was buried at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Members of the Ovambanderu Traditional Authority are irked by the denial of an official funeral to Senior Councillor, Gerson Kunomundu Katjirua, who was buried at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

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OKAHANDJA, 12 May 2025 - Freddy Ueriurika Nguvauva, the special advisor to the Supreme Council of the Ovambanderu Traditional Authority, speaking during the funeral of senior councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

OKAHANDJA, 12 May 2025 - Freddy Ueriurika Nguvauva, the special advisor to the Supreme Council of the Ovambanderu Traditional Authority, speaking during the funeral of senior councillor of the Ovambanderu Traditional Authority, Gerson Kunomundu Katjirua at the Ovambanderu Heroes' Acre in Okahandja on Sunday. (Photo: Zebaldt Ngaruka) NAMPA

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ONGWEDIVA, 12 May 2025 - The 2025 Gabriel Taapopi Secondary School tournament was officially launched on Monday. (Photo: Maria David) NAMPA

ONGWEDIVA, 12 May 2025 - The 2025 Gabriel Taapopi Secondary School tournament was officially launched on Monday. (Photo: Maria David) NAMPA

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WINDHOEK, 12 May 2025 - National Assembly Deputy Speaker, Phillipus Katamelo. (Photo: Contributed) NAMPA

WINDHOEK, 12 May 2025 - National Assembly Deputy Speaker, Phillipus Katamelo. (Photo: Contributed) NAMPA

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WINDHOEK, 12 May 2025 - Erongo Governor, Neville Andre. (Photo: Contributed) NAMPA

WINDHOEK, 12 May 2025 - Erongo Governor, Neville Andre. (Photo: Contributed) 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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