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ECONOMY
US Inflation Shows Minimal Impact from New Tariffs

US inflation rises to 2.4% in May, yet tariffs from the Trump administration show limited effects on consumer prices.

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ECONOMY
Trump Announces Tentative US-China Trade Deal with Tariffs and Rare Earths Agreement

Trump announces a tentative trade deal with China, including tariffs and rare earth minerals exchange.

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ECONOMY
U.S. Appeals Court Permits Trump Tariffs to Remain in Effect While Appeals Proceed

A federal appeals court allows President Trump's tariffs to remain while legal challenges continue, impacting U.S. trade policies.

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ECONOMY
World Bank Lowers Global Growth Forecast Amid Trade Tensions, Highlights India's Resilience

World Bank reduces global growth forecast to 2.3% for 2025 as trade tensions rise, while India is projected to maintain a 6.3% growth rate.

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ECONOMY
Russia and Ukraine commence significant prisoner exchange amid ongoing conflicts

Russia and Ukraine engage in an extensive prisoner exchange focusing on soldiers under 25, while conflicts persist across the front lines.

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ECONOMY
Italian Referendum on Citizenship and Labor Rights Fails Due to Low Turnout

Italy's referendum to ease citizenship laws and improve labor rights fails as turnout falls below required thresholds.

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ECONOMY
China's Export Growth Slows In May Amid Ongoing Trade Tensions

China's export growth slowed to 4.8% in May, amidst significant drops in shipments to the U.S. and ongoing trade turmoil.

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ECONOMY
Hong Kong's Leader Reaffirms US Dollar Peg Amidst Economic Volatility

Hong Kong maintains its US dollar peg, citing it as essential to financial stability amid market fluctuations and global tensions.

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ECONOMY
Indonesia and EU Near Finalize Free Trade Agreement After Nine Years of Negotiations

Indonesia expects to finalize its free trade agreement with the EU after nearly a decade of negotiations.

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ECONOMY
China To Accelerate Rare Earth Export Approvals to EU Amid Ongoing Trade Tensions

China plans to fast-track rare earth export approvals to the EU, with a decision on brandy import duties expected by July 5.

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