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TRUMP ADMINISTRATION IMPACT ON GLOBAL ECONOMY
EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
OpenAI offers 5% stake to Trump administration: reportThe proposed arrangement would involve other U.S. AI companies handing over a similar stake to the government, The Financial Times reporte...
Mythos and the fight over America's most powerful AIAfter a US government greenlight, global access to Anthropic's powerful AI model Fable 5 -- along with restricted access to the even more p...
Trump administration declines to renew North American trade deal, starts 10-year wind-down clockThe United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufactur...
Birthright citizenship ruling explained: Supreme Court rejects Donald Trump’s executive order. Will that stop U.S. President from setting criteria for American citizens?Birthright citizenship order, which Donald Trump signed on the first day of his second term, is part of his administration’s broad immigrat...
AI sovereignty hinges on domestic compute, governance capacity: UN AI panelThe report, published by the Independent International Scientific Panel on AI, which was established by the UN General Assembly last year a...
World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
US govt lifts restrictions on powerful AI models, Anthropic saysAnthropic will soon begin restoring access globally to its most powerful AI models, Fable 5 and Mythos 5, after the US government lifted a ...
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
US Supreme Court rejects Donald Trump's bid to restrict birthright citizenshipThe U.S. Supreme Court has delivered a significant blow to President Trump, rejecting his attempt to restrict birthright citizenship for ch...
Fewer US companies are willing to hire foreign gradsAmerican companies are increasingly hesitant to hire international talent and sponsor visas, a trend linked to President Trump's stricter i...
'US-India relationship at lowest point in 30 years,' says Democrat Congressman Ro KhannaDemocrat Congressman Ro Khanna asserted the US-India relationship is at a 30-year low, blaming President Trump's unilateral foreign policy,...
US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firingsThe Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies ...
Economic indicators point to resilient Indian economy despite global headwinds: MoSPI SecretaryIndia's economy is demonstrating remarkable resilience against global challenges, according to Saurabh Garg, Secretary of MoSPI. He highlig...
America at 250: Why Trump's second term is reviving fears of an 'imperial presidency'As America marks its 250th anniversary, President Trump's actions have drawn comparisons to monarchy, with critics pointing to his use of p...
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...