President Donald Trump announced that he granted an extension to the European Union on a looming 50% tariff after European Commission President Ursula von der Leyen promised to speed up the trade talks.

Four days of fighting in May marked the first time New Delhi and Islamabad utilized unmanned aerial vehicles at scale against each other.

US GDP would also fall by over 2% and prices would rise over 1%, making it unlikely they would stay in place long — one reason why last week’s stock-market selloff was relatively contained.