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WORLD

  • Canada Mulls Tariffs on Chinese EV Amid Global Pressure The Canadian government is considering imposing tariffs on Chinese EVs, following the United States and the European Union (EU) lead.
  • South Korea Scores $500M Legal Victory in U.S. Supreme Court Battle The South Korean government has been confirmed to win the lawsuit for damages of $500 million, brought against by Blenheim Capital.
  • Mexico Outpaces US in Gender Equality Rankings: What's Behind the Shift? Mexico has been ranked 33rd out of 146 countries for opportunities for women in politics, economy, society, and culture.
  • White House Cautious as Putin Strengthens Bonds with North Korea During Russian President Vladimir Putin’s visit to North Korea, the White House in the United States urged him to relay a message to Kim Jong Un, that diplomacy is the only solution to the Korean Peninsula issue. Foreign media outlets like Voice of America (VOA) and BBC reported on the 18th that the White House […]
  • Could Stubborn Fed Policies Lead to Recession? El-Erian Thinks So Allianz Chief Economic Advisor Mohamed El-Erian warned that the U.S. Federal Reserve (Fed) could risk economic recession if it delays interest rate cuts. In an article contributed to the Financial Times (FT) on June 18, El-Erian criticized the Fed for insisting on delaying rate cuts, arguing that cutting sooner rather than later reduces the risk […]
  • Putin Strengthens Bonds with North Korea Amid NATO Tensions As Russian President Vladimir Putin is visiting Pyongyang for the first time in 24 years, Chinese state media has argued that North Korea and Russia’s close relationship is a rational choice in the face of pressure from the United States and its allies. On June 19, the Global Times cited domestic analysts and reported, “The […]
  • Inside Putin's Epic 21-Hour Visit to North Korea: The Full Scoop Russian President Vladimir Putin arrived in North Korea early Wednesday morning and left Pyongyang after 21 hours.
  • From Pyongyang to Hanoi: Putin's Rapid Fire Diplomacy Russian President Vladimir Putin arrived in Hanoi, Vietnam, early Thursday after visiting North Korea.
  • Kim Jong Un and Putin Commit to Mutual Defense, Stirring Global Concern North Korean leader Kim Jong Un and Russian President Vladimir Putin have agreed to establish a comprehensive strategic partnership.
  • Risky Money Moves: How Biden's Economic Plan Could Backfire The Biden Administration is injecting a massive amount of money into the market ahead of the upcoming election. This fiscal spending, which began in earnest in May, is becoming a significant variable in the financial market. The funds deposited in the Treasury’s TGA account decreased from $930 billion at the end of April to $730 billion […]
  • From Deportation to Citizenship: New Hope for Immigrant Spouses On June 18t, President Joe Biden announced that he would grant green cards and citizenship to approximately 500,000 undocumented immigrants who have been married to U.S. citizens for more than 10 years. In response, former President Donald Trump, the Republican candidate facing Biden in the upcoming November election, declared that he would repeal Biden’s executive […]
  • EU Summit Buzz: Von der Leyen Poised for Re-election The European Union (EU) leaders, amidst various disruptions such as the Russia-Ukraine war, U.S. presidential risks, and conflicts with China, are expected to reappoint Ursula von der Leyen as the next President of the European Commission. The leaders praised von der Leyen’s governance and focused on stability and continuity in these turbulent times. According to […]
  • China's EV Exports to Europe Hit by New Tariffs Starting July The impact of European tariffs on Chinese electric vehicle (EV) companies will be implemented in July. According to the China Passenger Car Association (CPCA), retail sales of EVs increased 38.6% from the last year reaching 804,000 units. Cumulative sales in May were 3.249 million units with a 34.2% increase compared to the previous year’s performance. […]
  • Lost in Space No More: NASA Successfully Repairs Voyager 1 from Earth! Voyager 1, the farthest and longest-operating spacecraft, has been returning data after six months of inactivity. NASA announced that Voyager 1, located approximately 14.9 billion miles from Earth, began transmitting data to Earth as of the 13th. Launched in September 1977 for interstellar space research, Voyager 1 traveled past Jupiter and Saturn to reach 14.9 […]
  • Russian Submarine Exits Havana Harbor: Cold War Echoes Return Russian naval fleet, including a nuclear-powered submarine, left Havana Harbor after completing a planned military exercise in the Atlantic.
  • War Drums in the Middle East: Israel Ramps Up Military Actions Against Hezbollah The Israeli military has been engaged in combat with Hezbollah, a Lebanese Shia Islamist political party and militant group.
  • From Promises to Payments: NATO Countries Fulfill Defense Pledges NATO member countries have started to significantly increase their defense spending after observing Russia’s invasion of Ukraine for nearly two years. This year, more than half of the 32 member countries are expected to spend the defense cost-sharing agreed upon in 2006 as promised. According to CNBC, Secretary General of NATO Jens Stoltenberg met with […]
  • Pork Politics: China's Latest Trade Move Against the EU China announced on June 17 that it has launched an anti-dumping investigation into pork and pork by-products from the European Union (EU). The Chinese Ministry of Commerce has hinted at retaliatory measures, including countermeasures after the EU announced provisional measures to impose a tariff bomb on Chinese electric vehicles.  The Chinese Ministry of Commerce announced […]
  • Netanyahu Faces Leadership Crisis as War Cabinet Ends Israeli Prime Minister Benjamin Netanyahu has finally dissolved the wartime cabinet. This was a move expected following the resignation of Benny Gantz, the centrist leader who had been calling for a ceasefire with Hamas who withdrew from the cabinet after being disappointed with Netanyahu’s sway by hardliners. On June 17, the wartime cabinet that was […]
  • Is the Left-Wing Reign Over? European Markets Wobble as Far-Right Rises in EU Parliament Analysts predict that although short-term volatility is inevitable due to the right-wing shift in the European Union (EU), a gradual return to normalcy is expected as fundamentals recover. As anticipated, far-right parties made significant gains in the European Parliament elections held from June 6-9. Among individual countries, France saw the greatest expansion of far-right influence, […]
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