Reading Time : 2minutes Trump’s new 25% tariffs on pharmaceuticals aim to boost U.S. manufacturing. The move could reshape global drug supply chains and spark retaliation. Major exporters like Ireland, China, and Germany may face steep losses. Consumers in the U.S. could see rising prices.
Reading Time : 2minutesPresident Trump’s doubling of steel and aluminum tariffs to 50% has drawn sharp criticism from the EU, risking trade talks and raising costs globally. While aiming to boost U.S. steel production, the move complicates relations with allies like the UK and threatens retaliatory actions. Negotiations remain tense as both sides seek a way forward.
Reading Time : 2minutes China’s chip industry is pushing ahead fast despite U.S. sanctions. Hygon is set to unveil a powerful processor, while merging with Sugon to boost local tech capabilities. This marks a clear step toward reducing foreign tech reliance and securing a strong place in the global semiconductor arena.
Reading Time : 2minutes Moody’s downgraded the US credit rating from AAA to Aa1 due to rising debt and interest burdens. It’s a historic shift with global impact, sparking market jitters and political pushback.
Reading Time : 2minutesSaudi Arabia partners with NVIDIA to create a global AI hub, advancing AI factories, digital twins, and smart city solutions, supporting Vision 2030 goals.
Reading Time : 2minutes India is set to be the fastest-growing major economy in 2025 with 6.6% growth, driven by consumption, exports, and strong monsoons.
Reading Time : 2minutes Trump signed an executive order to create a U.S. Bitcoin reserve, pushing to make the country the global crypto leader. The move sparks heated debate, with supporters hailing innovation and critics warning of volatility and state-backed speculation.
Reading Time : 2minutes A temporary reduction in US-China tariffs has been agreed upon, easing economic tensions. But both sides remain cautious, aware that the deeper political rift hasn’t healed. Xi Jinping warns against bullying, while Washington keeps its guard up.
Reading Time : 3minutesOn May 8, 2025, Cardinal Robert Prevost became Pope Leo XIV, the first American pontiff. Choosing a name evoking social justice, he pledged a “missionary church” that fosters peace. With roots in Peru and Chicago, Leo XIV blends global experience with reformist zeal, aiming to unite 1.4 billion Catholics while tackling poverty, division, and modern challenges.
Reading Time : 2minutes May 1st honors the people who make the world work. From its fiery beginnings in 1886 to today’s diverse celebrations, it’s a global call for dignity, fairness, and solidarity among workers everywhere.
Reading Time : 2minutes As US tariffs disrupt global trade, the EU and China are moving to reset their economic partnership. High-level talks, new agreements, and mutual market openings signal a pragmatic shift, with both sides aiming to counter American protectionism and stabilize their trade relations for the future.
Reading Time : 2minutes The Gilded Age dazzled with wealth but simmered with unrest. Beneath the glamor of tycoons and towering industry was a reality of corruption, labor strikes, and extreme inequality. This era built America’s modern economy but left deep social scars.
Reading Time : 2minutes Nvidia’s $12B Chinese market lifeline has snapped after the U.S. blocked H20 chip exports, prompting a major loss and stock drop.
Reading Time : 2minutes China’s decision to halt Boeing deliveries amid soaring U.S. tariffs marks a major escalation in the trade war. With billions in potential losses and soaring maintenance costs for Chinese airlines, Boeing faces a tough battle in its crucial China market. The tit-for-tat tariffs threaten global economic stability as both nations brace for prolonged conflict.
Reading Time : 2minutes Foreign investors are pulling away from U.S. assets as volatility, inflation fears, and trade uncertainty erode trust in the American economy. Confidence is slipping fast, and markets are feeling it.