Stocks plunge as China trade war and Mexico tariffs fuel a ‘triple hit of bad news’

US stocks fell sharply on Friday after the Trump administration threatened tariffs on all imports from Mexico if the country did not do more to reduce illegal crossings at the southern US border. China’s confirmation that it has planned out how to restrict America’s supply of critical rare-earth metals, and a decline in Chinese manufacturing in May, also weighed on markets.

Saudi king urges world to rein in Iran

Saudi King Salman Thursday night called for an international stance against Iranian acts, which he said pose a threat to global security and flow of oil supplies.

House Democrats Vote to Lift Ban on Embryonic Gene-Editing Research

Scientists and ethicists worldwide are calling for a global moratorium on editing the DNA in human embryos, but a Democratic-led committee in the U.S. House of Representatives wants to leave the door wide open to the controversial research. On May 23, the House Appropriations subcommittee that focuses on funding related to the Food and Drug Administration drafted a bill that would drop the ban prohibiting the FDA from considering such research.

North Korea executes envoy in a purge after failed U.S. summit

North Korea executed its nuclear envoy to the United States as part of a purge of officials who steered negotiations for a failed summit between leader Kim Jong Un and U.S. President Donald Trump, a South Korean newspaper said on Friday.

Russia Rejected Iran S-400 Missile Request Amid Gulf Tension

Russia has rejected an Iranian request to buy S-400 missile defense systems, concerned that the sale would stoke more tension in the Middle East, according to two people with knowledge of the matter, including a senior Russian official.

Bolton warns Tehran of ‘very strong response’ to any Gulf attack

President Donald Trump’s national security adviser warned Iran on Wednesday that any attacks in the Persian Gulf will draw a ‘very strong response’ from the US, taking a hard-line approach with Tehran after his boss only two days earlier said America wasn’t ‘looking to hurt Iran at all.’

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