Israel-Iran Conflict Boosts Oil Prices; US-China Trade Talks Restore Rare Earths Supply Israeli strikes on Iran drove Brent crude to $78.50, causing stock market declines. US, China deal resumes rare earths supply; US tariffs remain at 145%. Trump's tariffs estimated to cost the global economy $1 trillion and 690,000 US jobs. IMF and Pimco highlight trade tensions impacting global growth, challenging central banks. India halts rare earth exports to Japan, boosting domestic production amid China restrictions. Total 544 words · 3 mins read6 More Stories8 hours ago47
US-China Trade Deal Keeps Tariffs, Eases Rare Earths Trade; World Bank Cuts 2025 Global Growth Forecast US and China trade deal maintains tariffs; rare earth mineral trade eased. World Bank cuts 2025 global growth forecast to 2.3% amid trade tensions. JPMorgan CEO Dimon warns US economy risks decline amid Trump tariffs. ECB signals pause amid tariff uncertainty; US leaders criticize Fed. Gold overtakes euro as world's second-largest reserve asset in 2024. Total 572 words · 3 mins read7 More StoriesYesterday, 12:17 PM53
US and China Reach Trade Framework; World Bank Lowers Global Growth Forecast US and China established trade framework in London, aiming to ease export restrictions. World Bank lowers 2025 global growth forecast to 2.3%; India's growth remains strong. ECB reduced interest rate, its eighth cut since June 2024; forecasts slower wage growth. Bank of Mexico expected to cut key interest rate by 50 basis points on June 26. Central Bank of Kenya reduced benchmark lending rate by 25 basis points to 9.75%. Total 788 words · 4 mins read10 More StoriesWed, 12:17 PM52
US-China Trade Talks Continue in London; UK Labor Market Plunges US and China continued trade negotiations in London on June 10, 2025. UK lost 276,000 jobs; May payroll declined 109,000, the largest drop since May 2020. Norway’s inflation declined more than expected, increasing the likelihood of rate cuts. Bank of Spain lowered 2025 GDP growth forecast to 2.4% from 2.7% due to US trade policies. World Bank approved a $1.5 billion loan to South Africa for infrastructure reforms. Total 449 words · 2 mins read8 More StoriesTue, 12:17 PM28
China-US Trade Plunges; Investors Turn to Latin America China's exports to the US saw the biggest decline since 2020. Investors eye Latin America amid Wall Street diversification. Qualcomm to acquire Alphawave for $2.4 billion. Guess anticipates a $10M tariff hit in FY2026. Bank of England may underestimate UK economy strength. Total 488 words · 2 mins read11 More StoriesMon, 12:18 PM28
China Approves Rare Earth Exports; UK Labour Announces £300B Public Spending Plan China approved rare earth exports amid trade tensions with the US. UK Labour plans £300B investment in public services, largest since 2010. US-India trade talks extend, suggesting progress with a July deadline. UBS faces $26 billion in capital requirements from Swiss bank reforms. Lagarde: ECB policy 'well calibrated' for inflation, targeting medium-term goals. Total 525 words · 3 mins read12 More StoriesSun, 12:18 PM29
Vietnam's $3 Billion US Ag Deal; Job Creation Crucial for Economic Growth Vietnam signs $3B deal for US agricultural products before trade negotiations. Economy needs 100,000 jobs monthly to maintain growth in working-age population. Healthcare (+62,000) and leisure/hospitality (+48,000) lead job gains; manufacturing and retail decline. Average hourly earnings up 0.4%; wages rose 3.9% in the last 12 months. Markets expect the Fed to hold rates, then resume easing in September. Total 847 words · 4 mins read16 More StoriesSat, 12:18 PM28
ECB Cuts Rates to 2%; Germany Faces Third Year of Stagnation ECB cuts interest rates to 2%, diverging further from the Federal Reserve's policy. Germany's economy faces a third year of stagnation due to global trade uncertainty. Russia cuts its key interest rate by 1% to 20%, the first cut in 3 years. Calvin Klein and Jack Daniel's cut profit outlooks, citing the impact of tariffs. Equity market anxiety may return with a weak jobs report showing under 100,000 jobs. Total 759 words · 4 mins read18 More StoriesJun 6, 12:19 PM29
US Restricts Ethane Exports to China; China Tightens Rare Earth Magnet Controls US now requires licenses for ethane exports to China, according to Energy Transfer. China increases scrutiny of rare earth magnets, preventing unauthorized exports amid shortages. EU Trade Chief warns Europe's industry faces an “alarming” rare-earth situation. Sweden's inflation fell to 2.5% in May, strengthening the case for rate cuts. P&G to cut up to 7,000 jobs due to tariff and consumer uncertainty pressure. Total 503 words · 3 mins read10 More StoriesJun 5, 12:18 PM27
US Steel/Aluminum Tariffs Doubled to 50%; South Korea's President Vows Economic Revival U.S. doubled tariffs on steel and aluminum imports to 50 percent on 2025-06-04. South Korea's President Lee pledged to revive economy threatened by US tariffs. Nvidia nears Microsoft's market cap at $3.45T after stock rose by 2.6%. Dollar Tree projects weak Q2 profit, citing tariff-related uncertainty on 2025-06-04. Dutch government collapse may slow EU investment due to security challenges. Total 567 words · 3 mins read11 More StoriesJun 4, 12:17 PM26