China’s decision to eliminate tariffs for 53 African nations, combined with a 18% surge in annual China-Africa trade, is accelerating the use of the yuan across the continent. By bypassing the U.S. dollar in bilateral settlements, Beijing is building alternative financial infrastructure, such as the Cross-Border Interbank Payment System (CIPS), to reduce reliance on Western-dominated … Read more
Thailand is advancing a 1 trillion baht ($30.45 billion) Land Bridge project to bypass the congested Malacca Strait. By connecting deep-sea ports in Chumphon and Ranong via a 90-kilometer railway, the corridor aims to reduce logistics costs by 30% and cut transit times by up to 14 days for specific cargo routes. How will the … Read more
President Donald Trump stated Wednesday that the United States could fare better without the U.S.-Mexico-Canada Agreement (USMCA). While the president expressed a preference against the existing trade pact, he acknowledged he may still sign a renewal. The three nations face a July 1 deadline to approve the agreement or signal an intent to exit, which … Read more
A $300 billion private investment fund is being established to stimulate Iran’s economy under a new U.S.-Iran framework agreement, with over $150 billion in commitments already secured from international investors. According to a source with direct knowledge of the deal, the fund is a private vehicle containing no government money and will only become operational … Read more
The U.S. and Iran have signed a preliminary interim agreement to end their ongoing conflict, a move that includes a 60-day ceasefire and the reopening of the Strait of Hormuz. According to U.S. President Donald Trump, the deal is signed, though detailed terms remain under negotiation. While the agreement aims to stabilize global energy markets, … Read more
Nvidia is raising $25 billion through a massive U.S. bond issuance, marking the chipmaker’s first return to the debt market since 2021. According to reports from Reuters, the company expanded the offering beyond its initial $20 billion target due to $85 billion in investor demand. The capital, managed by bookrunners Goldman Sachs, J.P. Morgan, and … Read more
The Jackass franchise is concluding its two-decade run with the theatrical release of Jackass: Best and Last. According to Paramount Pictures, the film premieres globally on June 25, blending archival footage of original cast members like the late Ryan Dunn with new material featuring series creators Johnny Knoxville and Jeff Tremaine. The project marks the … Read more
Geneva police deployed teargas on Sunday to disperse protesters who set fire to a Tesla vehicle and smashed windows at a United Nations agency. The violence occurred during a demonstration of approximately 20,000 people ahead of the Group of Seven (G7) summit scheduled for June 15–17 in Evian-les-Bains, France. Did You Know? The G7 summit … Read more
Geneva police deployed teargas on Sunday to disperse protesters who set fire to a Tesla vehicle and damaged a United Nations agency office. The unrest occurred during a demonstration of approximately 20,000 people protesting the upcoming G7 summit, which is scheduled to take place in Evian-les-Bains, France, from June 15 to 17. Did You Know? … Read more
President Donald Trump is hosting a seven-bout mixed martial arts event titled “UFC Freedom 250” on the White House South Lawn this Sunday, marking his 80th birthday with a spectacle that fuses professional sports with presidential pageantry. The event, held in a temporary 92-foot-tall arena nicknamed “The Claw,” underscores a norm-defying approach to the presidency … Read more