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ECONOMY
Trump and Xi Hold Phone Call, Seeking Solutions Amid Trade Tensions

Trump and Xi discuss trade tensions in a phone call, aiming for a positive resolution amid accusations of tariff violations.

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ECONOMY
Japan Reports Progress in US Tariff Talks, No Agreement Yet

Japan's trade negotiator confirms progress in tariff talks with the US but states no agreement has been reached ahead of the G7 summit.

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ECONOMY
Cost Estimates for Retrofitting Qatari Jet as Air Force One Adjusted Downwards

Estimates to retrofit a Qatari jet as Air Force One likely to be less than $400 million, despite earlier predictions of up to $1 billion.

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ECONOMY
US Job Growth Slows in May with Unemployment Rate Steady at 4.2%

US added 139,000 jobs in May, with unemployment steady at 4.2%, amid economic uncertainties and tariff concerns.

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ECONOMY
Russia's Central Bank Cuts Interest Rate to 20% Amid Cooling Economy

Russia's Central Bank cuts interest rate to 20% as inflation pressures ease and economy slows, marking its first reduction since September 2022.

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ECONOMY
World Bank Resumes Loans to Uganda Despite Controversial Anti-LGBTQ Law

The World Bank resumes funding to Uganda after a two-year suspension due to an anti-LGBT law, citing new safeguards for vulnerable communities.

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ECONOMY
Elon Musk Loses $34 Billion Amid Escalating Feud with Trump

Elon Musk suffers a significant wealth loss of $34 billion due to a public feud with Donald Trump affecting Tesla's stock.

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ECONOMY
Tesla Shares Plummet Amid Musk and Trump’s Public Dispute

Tesla shares drop sharply as CEO Elon Musk criticizes Trump's new tax bill, sparking investor concerns over the company's future.

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ECONOMY
NATO Set to Revise Defense Spending Targets Amid U.S. Pressure

NATO prepares to revise defense spending, influenced by U.S. demands for increased contributions and responses to geopolitical threats.

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ECONOMY
US Trade Deficit Drops Sharply Amid Tariff Impact

US trade deficit falls significantly in April due to tariffs affecting imports and exports, with implications for future economic performance.

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