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Trump Softens Stance on Fed Chair Powell amid Market Rally

President Donald Trump has stepped back from his previous threats to remove Jerome Powell as Chair of the Federal Reserve. His earlier criticism of Powell, particularly regarding interest rate decisions, had caused significant turbulence in financial markets. However, Trump clarified to reporters at......

China issues warning against trade deals with the U.S. at its expense

On April 21, China accused the U.S. of misusing tariffs and cautioned countries against entering trade deals with the United States that would harm China's interests. This statement escalates tensions in the ongoing trade war between the two largest global economies. China's Ministry of Commerce......

U.S. issues travel warning amid concerns of imminent attacks in Syria

The U.S. State Department has issued a travel warning to its citizens regarding Syria, citing "credible information" about potential imminent attacks in the Middle Eastern nation. This advisory was released by the U.S. Embassy in Damascus on its website, despite the embassy's closure since......

Trump claims progress in Japan trade talks amid market volatility

President Donald Trump has declared "significant progress" in trade negotiations with Japan, stepping in unexpectedly during a session between U.S. and Japanese officials in Washington, DC. Despite ongoing uncertainty fueled by his administration’s aggressive tariff policies, Trump emphasized......

U.S. approves sale of Stinger missiles to Morocco

The U.S. Department of Defense has given the green light for the sale of 600 FIM-92K Stinger missiles to Morocco, valued at $825 million. This potential sale, which has been approved by the U.S. State Department, includes FIM-92K Stinger Block I missiles and related equipment. The U.S. Defense Security......

U.S. urges Spain to increase defense spending within NATO during Carlos Cuerpo’s visit

During a meeting with Spain's Economy Minister Carlos Cuerpo, U.S. Treasury Secretary Scott Bessent emphasized the need for Spain to boost its defense spending within the context of NATO. Bessent highlighted the importance of higher defense expenditure from Spain and other NATO members. Additionally,......

Nissan to cut production of top-selling U.S. model amid tariff impact

Nissan is set to reduce production of its top-selling U.S. model, the Rogue SUV, at its Kyushu plant in Japan between May and July, according to an informed source. This move comes as the company adjusts to the impact of new U.S. import tariffs, following President Donald Trump’s decision to impose......

Small Businesses Challenge Trump Tariffs in Federal Trade Court

On April 14, a nonpartisan legal organization, the Liberty Justice Center, filed a lawsuit in the U.S. Court of International Trade to challenge former President Donald Trump's extensive tariffs on foreign imports. The group represents five small American businesses ranging from a wine importer in......

UN Security Council pushes for negotiations on Moroccan autonomy plan

The United Nations Security Council convened behind closed doors on April 14, 2025, to address the issue of Moroccan Sahara. In a notable context, the United States reaffirmed its support for the Moroccan autonomy plan, prompting UN Secretary-General's personal envoy, Staffan de Mistura, to propose......