The United States has reached an agreement with China on accelerating shipments of rare earth minerals to the US, amid efforts to end a trade war between the world’s two biggest economies. US President Donald Trump said on Thursday that the US had signed a deal with China the previous day, without providing more details,…
CAIRO: Israeli Defence Minister Israel Katz instructed the military to prepare an enforcement plan against Iran following their 12-day air war, Katz said on Friday in a statement. The plan “includes maintaining Israel’s air superiority, preventing nuclear advancement and missile production, and responses to Iran for supporting terrorist activities against Israel”, Katz added.
In the heart of the Iranian capital, the Boof cafe serves up refreshing cold drinks on a hot summer’s day. They must be the most distinctive iced Americano coffees in this city – the cafe sits in a leafy corner of the long-shuttered US embassy. Its high cement walls have been plastered with anti-American murals…
Headline: Southern EU leaders push back on France’s plan for a bilateral UK migration deal, warning of imbalanced responsibility. Subheadline: Italy, Spain, Greece, Malta, and Cyprus criticize France for bypassing EU-wide coordination, fearing the pact echoes the contentious EU‑Turkey arrangement—with undue burden on frontline states. 1. Southern Coalition Raises Alarm Five Mediterranean EU countries—Italy, Spain,…
Headline: Bolt rolls out stablecoin payments via its new Bolt Connect platform, aiming to revolutionize cross-border marketplace transactions. Subheadline: In the wake of mounting competition from payment giants and global regulation progress, Bolt is giving merchants and shoppers fast, low-cost access to digital dollar payments. 1. What Bolt Just Launched Bolt, a San Francisco–based checkout…
Headline: Xiaomi’s auto arm blows past expectations with instant 200,000-plus YU7 pre‑orders, setting a new benchmark in China’s EV surge. Subheadline: The debut of the YU7 SUV, aimed at rivaling Tesla’s Model Y, sparked a frenzy as over 200k units were reserved in three minutes—sending Xiaomi’s stock to record highs and amplifying pressure on Tesla in…
On June 26, 2025, former Barclays CEO Jes Staley lost his high-stakes appeal to overturn a lifetime ban from senior roles in the UK financial industry. The ban, imposed by the Financial Conduct Authority (FCA) in 2023, stems from misleading statements about the nature and timing of his relationship with convicted sex offender Jeffrey Epstein morningstar.com+13reuters.com+13fnlondon.com+13….
On June 26, 2025, Hong Kong released Policy Statement 2.0, a sweeping upgrade to its 2022 digital asset framework. The move signals the city’s bold ambition to become Asia’s premier regulated crypto & tokenization hub, combining investor protection with decentralized finance innovation. 🧭 Core Framework: LEAP for Crypto & Tokenization Hong Kong’s new strategy is…
On June 26, 2025, investors accelerated the withdrawal from long-dated U.S. bond funds at the fastest pace since early 2020. Roughly $11 billion exited in Q2 2025, a stark reversal from the prior 12‑quarter average inflow of $20 billion, as concerns mount over ballooning national debt and inflation pressures. 🔍 Why Investors Are Fleeing 📊 Flow Shift:…
Markets React Sharply to Political Influence at the Fed On June 26, 2025, the U.S. dollar plunged to its weakest level in over three years following reports that President Donald Trump may nominate a successor to Federal Reserve Chair Jerome Powell as early as September or October of this year, well ahead of Powell’s official…
