Stockholm Hosting High-Stakes Talks to Defuse Trade Tensions From July 28–29, 2025, high-level economic officials from the United States and China held marathon trade negotiations in Stockholm, underlining the urgency to prevent a return to crippling tariffs. The sessions were led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, and aimed … Read more
U.S. AND EU REACH LANDMARK TRADE DEAL, CUTTING MOST TARIFFS TO 15% The United States and the European Union have reached a historic trade agreement that will see most tariffs between the two economic giants reduced to 15%, marking one of the most significant shifts in transatlantic trade policy in decades. The deal, finalized after … Read more
TRUMP THREATENS 30% TARIFF DEADLINE SET FOR AUGUST 1 AS TRADE TALKS CONTINUE President Donald Trump has intensified global trade tensions by setting an August 1 deadline for the imposition of 30% tariffs on imports from the European Union and Mexico unless new trade agreements are finalized. The move is part of the administration’s ongoing … Read more
US FCC Approves Skydance‑Paramount Merger Worth $8.4 Billion The United States Federal Communications Commission (FCC) has officially approved the high-profile $8.4 billion merger between Skydance Media and Paramount Global, marking a significant shift in the American media landscape. The decision paves the way for the creation of a new entertainment powerhouse combining the creativity and … Read more
AUSTRALIA CONFIRMS US$800M AUKUS PAYMENT IS SCHEDULED SUPPORT FOR SUBMARINE PROGRAM Australia has officially confirmed that its US$800 million payment to the United States is part of a scheduled commitment under the AUKUS security pact, aimed at supporting the development of its future nuclear-powered submarine program. The payment, made public this week, has drawn attention … Read more
JEFF BEZOS CONSIDERING ACQUISITION OF CNBC AS MEDIA PORTFOLIO EXPANDS Jeff Bezos, founder of Amazon and owner of The Washington Post, is reportedly in early talks to acquire CNBC, the business-focused news network owned by NBCUniversal. If the acquisition materializes, it would mark a major expansion of Bezos’s growing influence in the media landscape and … Read more
UKRAINE WAR NEWS TRENDS: A MUST-WATCH UPDATE BY KYIV POST As the war in Ukraine enters its third year, the Kyiv Post has released a comprehensive update outlining key trends and developments shaping the conflict. With the frontlines largely frozen but the strategic landscape shifting rapidly, the situation remains dynamic both on the battlefield and … Read more
Retail Sales Surge in June U.S. retail sales rebounded strongly in June, climbing 0.6% month-over-month, reversing a 0.9% drop in May. This exceeded economists’ forecasts of only 0.1%, indicating surprisingly robust consumer demand. Core retail sales (excluding autos, gas, building materials, and food services) rose 0.5%, up from May’s revised 0.2% gain . Broad-based gains … Read more
WTO OVERHAUL TARGETS FAIRER TRADE, MORE FLEXIBLE DECISION-MAKING TO END PARALYSIS The World Trade Organization (WTO) is undergoing a major overhaul aimed at making global trade rules fairer and more adaptable, as part of a broader effort to revive its credibility and end years of decision-making paralysis. With growing economic nationalism, supply chain disruptions, and … Read more
Global equities edged higher on Monday and Tuesday as investors balanced fresh trade tensions against mounting corporate earnings reports and awaited key inflation data. Market performance snapshot The MSCI global equity index rose ~0.1%, while U.S. benchmarks posted slight gains: the Dow +0.20%, S&P 500 +0.14%, and Nasdaq +0.27% =U.S. futures also ticked upward early Tuesday … Read more