Walmart raises annual outlook as shoppers flock to low prices

August 21 – Walmart, the world’s largest retailer, has raised its annual sales and profit forecast after experiencing strong customer demand across all income brackets. As rising living costs weigh on American households, the retailer’s strategy of keeping prices low has helped it attract a broader base of shoppers. Despite the upbeat outlook, Walmart’s shares slipped … Read more

China weighs yuan-backed stablecoins to boost global currency reach

China weighs yuan-backed stablecoins to boost global currency reach

August 20 – Beijing is considering the launch of yuan-backed stablecoins, a step that could strengthen the currency’s role on the global stage and potentially transform the future of digital finance. According to individuals familiar with the discussions, Beijing’s top decision-making body, the State Council, is preparing to review and potentially approve a roadmap later this … Read more

Spy cockroaches and AI robots: Germany’s bold leap into future warfare

FRANKFURT, July 23 – Germany, once hesitant in matters of military innovation due to its complex history, is now undergoing a profound shift in its defense strategy. Fueled by Russia’s invasion of Ukraine and rising uncertainty about longstanding global alliances, the country is actively investing in cutting-edge technologies such as AI-driven warfare systems, military drones, … Read more

Trump and Japan seal major tariff agreement, auto stocks jump

TOKYO/WASHINGTON, July 22 – U.S. President Donald Trump has finalized a wide-reaching trade agreement with Japan, slashing tariffs on automobile imports and averting additional duties on other Japanese goods. The agreement includes a staggering $550 billion investment package from Japan, aimed at bolstering the U.S. economy and reinforcing economic cooperation between the two countries. Announced … Read more

As US wildfires rage, firefighters clean toilets after Trump staff cuts, critics say

JULY 21 – Amid a growing wildfire crisis across the United States, concerns have intensified about the readiness and support of federal fire crews. Firefighters on the front lines are reportedly being asked to take on non-fire-related duties like cleaning public restrooms and mowing lawns due to a shortage of support staff following significant workforce … Read more

Trump enforces 19% tariff on Indonesian goods, EU readies retaliation

WASHINGTON, July 15 – President Donald Trump on Tuesday announced the implementation of a 19% tariff on imports from Indonesia. The measure is part of a broader strategy to recalibrate trade relationships with several countries, particularly those contributing to the persistent U.S. trade deficit. Alongside this announcement, Trump hinted at additional agreements in the pipeline … Read more

Trump Pledges Patriot Missiles to Ukraine, Sends Top Envoy to Kyiv

KYIV/WASHINGTON, July 14 – President Donald Trump has revealed his intention to provide Ukraine with Patriot air defense systems, signaling a significant shift in his strategy toward the ongoing conflict. The move comes as Trump’s personal envoy, retired General Keith Kellogg, arrives in Kyiv to engage in high-level discussions with Ukrainian officials on security cooperation … Read more

Trump Escalates Trade Conflict with 30% Tariff Threat on EU, Mexico

MEXICO CITY/WASHINGTON, July 12 – President Donald Trump has announced a new round of tariff threats targeting imports from both Mexico and the European Union. The proposed tariffs, set at 30%, are scheduled to take effect on August 1. This decision comes after extended negotiations failed to deliver comprehensive trade agreements with these long-standing partners. … Read more

Air India Crash Report Points to Pilot Confusion Over Fuel Switches

NEW DELHI, July 12 – A preliminary investigation into last month’s tragic crash of an Air India 787 Dreamliner has unveiled significant confusion between the pilots regarding the aircraft’s engine fuel switches, which may have led to a dual engine failure shortly after takeoff. The fatal accident, which occurred on June 12 and resulted in … Read more

From ‘fantastic’ to ‘spoiled’: Japan’s trade strategy to woo trump falls apart

From 'Fantastic' to 'Spoiled': Japan's Trade Strategy to Woo Trump Falls Apart

TOKYO, July 8 – When Prime Minister Shigeru Ishiba met U.S. President Donald Trump back in February, he carried with him an ambitious promise—a bold pledge to invest $1 trillion into the American economy. This move was designed to defuse Trump’s long-standing grievances over trade imbalances with Japan and to set the stage for smooth … Read more