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Description: The global trade war instigated by US President Donald Trump intensified as US market indexes and the dollar plummeted on market closings on Monday. Trump in the meantime has publicly attacked the Chief of the US Federal Reserve Jerome Powell, blaming him for not lowering interest rates which could substantially halt US economic progress. China has issued strict warnings towards countries leveraging the trade war in line with US geoeconomic interest while damaging China’s global outreach. The escalation followed last week’s trade tour from Chinese President Xi Jinping who attempted to flock numerous countries and strengthen strategic ties in the region. Investme
Description: UK’s Prime Minister Keir Starmer is set to meet his New Zealand counterpart, Christopher Luxon on Tuesday, as the leaders are set to broaden defense and security ties between the countries. Starmer and Luxon are set to discuss UK’s continued involvement in the Indo – Pacific, with both countries conducting joint naval drills and defense cooperation operations. The discussions would also underline the continued support for Ukraine from both countries in the midst of intensified Russian ground advances and stalled out US – led peace talks. Ministers from both countries were reportedly working on a new joint defensive partnership which would outline a larger scope
Description: US Major General Francisco Lorenzo has announced the commencement of the joint combat drills with Philippine’s military labeled as Balikatan (shoulder to shoulder). The drills would last for three weeks where more than 14,000 troops would be deployed in live fire exercises in the South China Sea, which China continuously contests as their sovereign territory. US advanced weapons, such as the HIMARS rocket launcher and the NMESIS anti – ship missile system would be showcased as well as various modern missiles which the Philippines would introduce. According to Major General Lorenzo, the drills weren’t aimed at a specific country but were a signal of US deterrent
Description: Leaders from Israel’s political opposition such as Yair Lapid, the head of the Tesh Atid party, State Camp party leader Benny Gantz and the leader of the Democrats, Yair Golan have jointly called for Benjamin Netanyahu’s resignation. The concerns over the Prime Minister’s leadership originated from the multiple corruption cases leveled against him in Israeli courts as well as his decision to dismiss Shin – Bet’s current Chief Ronen Bar. Bar submitted a letter to Israel’s Supreme Court on Monday which blamed Netanyahu for demanding personal loyalty from Shin Bet’s Chief as opposed to loyalty to his country. Opposition leaders have also cited concerns that Netanya
Description: UAE’s Deputy Prime Minister Sheikh Abdullah bin Zayed Al – Nahyan met his Pakistani counterpart Ishaq Dar in Islamabad, where they signed several pacts for joint cooperation on trade, culture and consular affairs. Pakistan’s Foreign Ministry in an official statement said that Sheikh Abdullah arrived on a two – day visit which would also underscore cooperation between the countries in the fields of energy and security. Chambers from both countries would also cooperate as both Deputy Prime ministers signed a pact for a joint commercial business council which would facilitate easier trade and economic development. Impact: Pakistan and the UAE have
Description: Foreign representatives from both countries have signed a joint comprehensive plan which would comprise of cooperation in several sectors such as defense, security, infrastructure development and rare earth minerals exploitation. The meeting between Chinese Foreign Minister Wang Yi and Indonesia’s Foreign and Defense ministers Sugiono and Sjafrie Sjamsoeddin held in Beijing, emphasized the enhancement in bilateral cooperation in the midst of raising concerns over Chinese influence in the South China Sea. Indonesia’s representatives have also announced their intentions of opening a consulate in the Chinese city of Chengdu, further reaffirming the cordially reesta
Description: Senior Hamas officials familiar with the plan outlined by mediators Egypt and Qatar have stated that a new strategic approach has been conceptualized to end the Israel – Hamas war. According to the officials the ceasefire plan would undertake a period of time ranging from five to seven years and would include the complete exchange of hostages as well as Israel’s complete withdrawal from Gaza. Officials from both Israel and Hamas’s political bureau are expected to arrive in Cairo to consult the mediators regarding the implementation of the ceasefire plan. Previously, the ceasefire was violated by Israel’s military advances in Gaza which according to Israeli offic
Description: Armed confrontations between the South Sudanese military and the armed wing of the White Army militia escalated in the midst of a growing political crisis in the country. The confrontation saw the military recapture the key town of Nasir with conflicting reports coming from both sides regarding the advance of the military and the withdrawal of the rebel forces. Armed clashes began to intensify with the imprisonment of South Sudan’s Vice – President Riek Machar, under alleged accusations of plotting to overthrow the incumbent Salva Kiir. Machar’s party SPLM – IO has since splintered into two separate organizations, with the armed wing of the party remaining loyal
Description: The death of Pope Francis has left the world without an individual who was labeled as the most progressive conflict mediator, humanitarian and a pioneer for peace and equality in the world. His global contribution ranged beyond the traditional religious boundaries set by his predecessors exemplified in his efforts to end global wars such as the ones in Ukraine and Gaza. The Pope was also heavily invested in promoting the rights of marginalized groups such as the migrants and the vast majority of poor people and the ones suffering the consequences of large humanitarian crises across the globe. The influence he projected over global issues was unlike any other pro
Description: With the US – China trade war escalating, Nvidia has announced it may lose up to $5 billion amid the newest regulations which would tighten chip exports to China. The latest announcement by US President Donald Trump stated that tariff exemptions from products such as laptops, computers and smartphones were a temporary reprieve until the US readapts its tariff strategy to strengthen domestic manufacturing. Nvidia has recently announced they plan on developing a 1 million square feet of manufacturing space in Texas, as they believed it would generate approximately $500 billion in AI infrastructure within the next four years. The semiconductor industry remains at t