Tag: Global Economy
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Trump and Xi: Diplomacy Under Pressure in a Survival Fight
Introduction: Rivalry Meets Survival Two of the world’s most scrutinized leaders—Donald Trump and Xi Jinping—often frame their rivalry as a clash of states, but behind the public personas lies a more pragmatic calculus: political survival at home. When leaders face domestic scrutiny, unemployment numbers, or party infighting, foreign policy can become a tool to project…
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Trump and Xi: Survival Politics Shape a Global Pact
Introduction: Rivals and Survivors on the World Stage In a high-stakes encounter that felt more like a political survival exercise than a routine diplomatic meeting, former U.S. president Donald Trump and Chinese leader Xi Jinping faced questions about legitimacy, leverage, and long-term strategy. The staged setting—an air base in Busan, a place traditionally reserved for…
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Xi Jinping Sees Chinese Development Aligning with MAGA Vision in High-Profile Meeting
Introduction: A high-stakes exchange In a moment many analysts described as symbolic for Sino-American relations, Chinese President Xi Jinping indicated that China’s ongoing development and global revitalization were compatible with U.S. President Donald Trump’s flagship policy, often referred to as the MAGA (Make America Great Again) agenda. The assurances came during a formal encounter shortly…
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Lee Jae Myung Urges Closer APEC Ties for Growth in Asia-Pacific
South Korea’s Leader Pushes for Stronger APEC Cooperation Gyeongju, South Korea — In a speech delivered amid ongoing economic uncertainty, President Lee Jae Myung urged member economies of the Asia-Pacific Economic Cooperation (APEC) to deepen their cooperation and adopt pragmatic measures that can cushion the region from volatility. Speaking at a regional gathering, Lee underscored…
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US Plans 100% Tariff on Chinese Imports, Trump Says
Trump Announces 100% Tariff on Chinese Imports and Export Controls President Donald Trump asserted on Truth Social that the United States will implement a sweeping 100% tariff on imports from China, effective November 1, 2025, with potential adjustments if Beijing reacts further. The surprise post also pledged export controls on all critical US-made software, adding…
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Sweeping UN sanctions on Iran come into effect after nuclear talks fail
What the renewed UN sanctions mean for Iran The United Nations has reimposed a broad package of sanctions on Iran for the first time in a decade, effective as of midnight GMT. The measures aim to curb Tehran’s nuclear and ballistic missile programs and are expected to ripple through Iran’s economy in the weeks and…
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Trump’s Trade Warnings: A Stand Against China
Trump’s Trade Policies: A New Era of Tariffs In the ever-evolving landscape of global trade, former President Donald Trump has made headlines with his aggressive stance towards China and its trade practices. As tensions rise, Trump’s warnings about imposing tariffs resonate not only in the U.S. but also among NATO allies. The focus on China…
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Impact of U.S.-India Relations Amidst Russian Oil Purchases
Understanding the U.S.-India Relationship The relationship between the United States and India has evolved over the years. Historically marked by strategic alliances and partnerships in defense, trade, and diplomacy, this relationship is now facing challenges due to international economic dynamics. Recently, former President Donald Trump made headlines with his comments regarding India’s purchases of Russian…
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Japan Lowers Oil Price Cap on Russia Amid Sanctions
Japan’s New Sanction Strategy Against Russia In a significant move aimed at increasing pressure on Russia amid its ongoing invasion of Ukraine, Japan has decided to lower the price cap on Russian crude oil. The new ceiling is set at $47.6 per barrel, a notable decrease from the previous limit of $60 per barrel. This…
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Fitch Ratings Boosts India’s GDP Growth Outlook
Fitch Ratings’ Positive Outlook on India’s GDP Growth In a recent report, Fitch Ratings has upgraded its forecast for India’s GDP growth, marking a significant testament to the resilience and potential of the Indian economy. This uplifting news comes at a time when global economies are grappling with various challenges, including inflation, trade disputes, and…