Trade : China's President Xi warns US against "bullying or hegemonism" (PRIV)
(D. Ravi Kanth, Yerevan)
China appears to have turned the tables against the United States in the high-level bilateral trade talks that concluded with a "first step" agreement on 12 May, with China's President Xi Jinping confidently declaring on 13 May that "there are no winners in tariff wars or trade wars", while warning that "bullying or hegemonism only leads to self-isolation."

WTO : India considers retaliatory action over US tariffs on steel & aluminum (PRIV)
(D. Ravi Kanth, Yerevan)
India on 12 May informed the World Trade Organization's Council for Trade in Goods of its proposed decision to suspend concessions and other obligations to the United States worth billions of dollars, following the Trump administration's imposition of an alleged safeguard duty of 25% on steel and aluminum products.

UN : Half of women's organizations risk closure in six months due to aid cuts (PRIV)
(Kanaga Raja, Penang)
Women-led and women's rights organizations on the frontline of humanitarian crises globally have been pushed to a breaking point in the face of drastic cuts in funding, with almost half (47 per cent) of these groups expected to shut down within six months if current conditions persist, UN Women has warned.