Analysis
The US budget deficit saw a modest decline for the 2025 fiscal year, driven by record-high tariff revenue. However, borrowing levels continue to be historically elevated, even amidst a period of economic expansion and financial stability. The deficit for the
China has called on the United States and associated companies to acknowledge facts, adhere to international trade regulations, and cease actions detrimental to China’s interests, following US President Donald Trump’s threat to impose a 100 percent tariff on Chinese goods.
Top executives from major US banks forecasted additional gains as equity markets experienced a significant rise over the past quarter, with the economy remaining resilient in the face of tariffs. However, some cautioned about potential overvaluation in asset prices. Goldman
China has abruptly taken steps to regulate global access to rare earth elements – REEs for short – which are essential for the production of semiconductors and microchips. Beijing is able to do so due to its dominance in the
In his extensive address to the United Nations last month, United States President Donald Trump characterized climate change as “the greatest con job ever perpetrated on the world.” This assertion was baseless, disregarding the substantial scientific evidence indicating that climate
Chinese President Xi Jinping has established a definitive boundary in an effort to counter new US export controls, warning of a potential resurgence of a tit-for-tat trade conflict with Donald Trump just weeks ahead of a scheduled meeting between the
President Donald Trump stated he was fulfilling threats to terminate thousands of federal employees during a government shutdown that has now reached its 10th day, as his administration implemented job reductions across various departments, including Health and Human Services, Homeland
On Friday, Russian President Vladimir Putin voiced an optimistic outlook regarding the possibility of striking an agreement with the United States to extend a critical nuclear arms treaty for an additional year. He also praised the efforts that the United
With the announcement of the Nobel Peace Prize 2025 approaching on October 10 (Friday), speculation has heightened regarding the possibility of US President Donald Trump finally receiving the accolade he has long asserted he merits. The award will be announced
Tours at the Capitol have reached a complete halt. The House remains firmly shut, as the Senate finds itself ensnared in a cycle of unsuccessful votes regarding a dismissed proposal to restore government operations. President Donald Trump is issuing a