Qatar PM Signals Possible Exit from Israel-Hamas Mediation Mohammed bin Abdulrahman Al Thani, the Qatari Prime Minister mediating a ceasefire between Israel and Hamas, has suggested stepping down from the role. According to Bloomberg News on the 17th (local time), Prime Minister Al Thani said, “Qatar is reevaluating its role as a mediator. There have been attempts to exploit Qatar’s role, and Qatar […]
IMF Warns: 'U.S. and Chinese Fiscal Deficits Are a Grave Risk to the Global Economy' US fiscal deficit to hit 7.1% of GDP next year, triple the average for advanced economiesChina’s fiscal deficit to reach 7.6%, double the average of emerging countriesUS debt also affects inflation…high inflation-high interest rate vicious circle The International Monetary Fund (IMF) warned on the 17th (local time) that the massive fiscal deficit in the United […]
Trump Mulls Middle-Class Taxes If Elected Trump is considering cutting federal payroll taxes and more in a bid to win votes Former U.S. President Donald Trump has hinted at considering tax cuts for the middle class if he is re-elected in this year’s presidential election. If realized, it may exacerbate inflation and fiscal deficits. Reuters reported on the 17th (local time), […]
U.S. Set to Derail Palestine's UN Membership Bid On the 17th (local time), Jiad Abu Amr, the special representative of the Palestinian President, gave a speech at the United Nations Security Council (UNSC) meeting held at the UN headquarters in New York. It appears that Palestine’s admission to the UN will be canceled once again due to the obstruction of the United States, […]
US Law Targets Chinese Communist Party for Child Labor in Cobalt Mining A bill has been proposed in the U.S. Congress to ban the import of cobalt from the Democratic Republic of the Congo (DRC). This is due to allegations that the Chinese Communist Party, which owns 90% of the DRC’s cobalt mines, is exploiting child labor and forced labor. According to industry sources, on the 18th, […]
US, Japan, and South Korea Unite Against Economic Challenges During the meeting, the finance ministers of South Korea, the US, and Japan gathered for the first time. They aimed to recognize the recent changes in economic and financial conditions, including the depreciation of the won and yen and China’s offensive on low-cost products. They also agreed to continue discussing issues discussed between the three […]
Biden Takes Aim at China's Steel Industry: Proposes 25% Tariff for Unfair Subsidies President Joe Biden sharply criticized the substantial subsidies received by Chinese steel companies as “cheating” on the 17th (local time). President Biden made these remarks during a speech in front of workers from the United Steelworkers (USW) union in Pittsburgh, Pennsylvania, a critical battleground state in the presidential election. At this event, he said, “China’s […]
China Slashes U.S. Treasury Holdings: Set to Fall Behind UK As China cuts its holdings of U.S. Treasuries, it is expected to drop to the third-largest holder of U.S. Treasuries after the United Kingdom. According to United News on the 18th, the U.S. Treasury Department reported on the 17th (local time) that as of the end of last February, the Chinese government’s holdings of U.S. […]
U.S. Urges North Korea to Reject Provocation and Embrace Dialogue “Alternative sanctions panel against North Korea, considering all options” U.S. Ambassador to the UN Linda Thomas-Greenfield affirmed, “The United States has unequivocally communicated our lack of hostile intentions towards North Korea,” emphasizing, “We consistently urge North Korea to refrain from provocations and embrace dialogue.” While in South Korea, Ambassador Thomas-Greenfield toured the DMZ in Paju, […]
Tensions Rise as Russia Pulls Peacekeepers from Nagorno-Karabakh On the 17th local time, the Kremlin announced that Russian peacekeeping forces are withdrawing from Nagorno-Karabakh, a disputed region between Azerbaijan and Armenia. During a briefing on the same day, Dmitry Peskov, a Kremlin spokesperson, confirmed reports from Azerbaijani media that the Russian peacekeeping forces had begun to withdraw, stating, “Yes, it’s true.” Following the […]
Smoke's Up: UK Lawmakers Advance Bill Banning Lifetime Tobacco Sales for Those Born After 2009 A smoking ban law that prohibits individuals under the age of 15 in the UK from purchasing cigarettes for life has passed the first hurdle in parliament. According to Reuters and other foreign media reports on the 16th (local time), the UK House of Commons passed the Tobacco and Electronic Cigarettes Regulation Bill to the […]
Fed Chair Powell: No Plans for Interest Rate Cut Amid Strong Economy Jerome Powell, Chair of the U.S. Federal Reserve (Fed), has scuttled the market’s hopes for a cut in the benchmark interest rate. According to the Wall Street Journal (WSJ) on the 16th (local time), Powell said at an economic forum in Washington, D.C., “Recent indicators have not given us more confidence. Rather, it suggests that […]
Will the United States Be Able to Disuade an All-Out War in the Middle East? Western countries, including the United States, are urging Israel to exercise restraint to prevent a full-scale war. However, there are many voices in Israel and the U.S., including hardline conservatives, calling for a counterattack and pessimism that the embers of war in the Middle East will not be extinguished quickly. On the 14th, CNBC reported […]
U.S. House Speaker Splits Security Aid Package for Israel and Ukraine into Four Separate Packages Security aid package split to Israel, Ukraine, Taiwan, and othersTransition from unified support to separate supportUnderscores the difference between long-time ally Israel and Ukraine A massive security package, which has become a top priority in the U.S. Congress in the wake of Iranian attacks on Israel, is expected to be split into four parts. According […]
EU Carmakers Struggle to Close Emission Gap by 2025 On April 10, 2024, the European environmental NGO T&E reported a 28% reduction in CO2 emissions from new cars in the European Union since 2019 due to automobile CO2 regulations. Emissions must be reduced by 15% by 2025 compared to 2021. T&E estimated the gap between the 2023 emissions and the 2025 target for automobile […]
Israel vs Iran: Are the Two Countries on the Brink of War? IAFP·Yonhap News Israel is expected to retaliate against Iran, provided such action does not escalate into an all-out war in the region. According to Channel 12 in Israel, on the 15th (local time), the Israeli cabinet resolved to retaliate against Iran “clearly and strongly.” This response aims to assert that “Israel will not tolerate such […]
Seattle Mayor Makes Historic Visit to Seoul, Strengthening Ties Source: City of Seoul Bruce Harrell, the first Asian-American Mayor of Seattle and son of a war veteran led a large economic delegation on a visit to Seoul on April 15. During their meeting, Mayor Oh Se Hoon introduced the Climate Companion Card, part of Seoul’s key policy, the Special City of Companionship and Charm. […]
Trump Stands as Defendant in Criminal Court On the 15th (local time), President Donald Trump became the first former U.S. president to stand trial as a criminal defendant. From this day, he will be on trial for a month on charges of paying hush money to prevent a sex scandal before the 2016 presidential election and manipulating company books. According to the […]
No Heads-Up: US Claims Ignorance of Iran's Attack on Israel ORIGINAL LINK: https://www.sedaily.com/NewsView/2D7XMB1B9D On December 13th (local time), the U.S. government stated that Iran did not notify it regarding its airstrike on Israel, which contradicts Iran’s claim that it had informed neighboring countries about the airstrike in advance. Matthew Miller, Spokesperson for the U.S. State Department, said at a regular briefing on the 15th that […]
US Steel Shareholders Approve Merger with Japan's Nippon Steel, Despite Opposition from Biden and Trump US Steel shareholders have approved a merger with Japan’s Nippon Steel. However, significant obstacles loom ahead as President Joe Biden and former President Donald Trump, the Republican presidential candidate, have made clear their opposition to Nippon Steel’s acquisition of US Steel. In a press release on the 12th (local time), US Steel announced that the […]
Qatar PM Signals Possible Exit from Israel-Hamas Mediation Mohammed bin Abdulrahman Al Thani, the Qatari Prime Minister mediating a ceasefire between Israel and Hamas, has suggested stepping down from the role. According to Bloomberg News on the 17th (local time), Prime Minister Al Thani said, “Qatar is reevaluating its role as a mediator. There have been attempts to exploit Qatar’s role, and Qatar […]
IMF Warns: 'U.S. and Chinese Fiscal Deficits Are a Grave Risk to the Global Economy' US fiscal deficit to hit 7.1% of GDP next year, triple the average for advanced economiesChina’s fiscal deficit to reach 7.6%, double the average of emerging countriesUS debt also affects inflation…high inflation-high interest rate vicious circle The International Monetary Fund (IMF) warned on the 17th (local time) that the massive fiscal deficit in the United […]
Trump Mulls Middle-Class Taxes If Elected Trump is considering cutting federal payroll taxes and more in a bid to win votes Former U.S. President Donald Trump has hinted at considering tax cuts for the middle class if he is re-elected in this year’s presidential election. If realized, it may exacerbate inflation and fiscal deficits. Reuters reported on the 17th (local time), […]
U.S. Set to Derail Palestine's UN Membership Bid On the 17th (local time), Jiad Abu Amr, the special representative of the Palestinian President, gave a speech at the United Nations Security Council (UNSC) meeting held at the UN headquarters in New York. It appears that Palestine’s admission to the UN will be canceled once again due to the obstruction of the United States, […]
US Law Targets Chinese Communist Party for Child Labor in Cobalt Mining A bill has been proposed in the U.S. Congress to ban the import of cobalt from the Democratic Republic of the Congo (DRC). This is due to allegations that the Chinese Communist Party, which owns 90% of the DRC’s cobalt mines, is exploiting child labor and forced labor. According to industry sources, on the 18th, […]
US, Japan, and South Korea Unite Against Economic Challenges During the meeting, the finance ministers of South Korea, the US, and Japan gathered for the first time. They aimed to recognize the recent changes in economic and financial conditions, including the depreciation of the won and yen and China’s offensive on low-cost products. They also agreed to continue discussing issues discussed between the three […]
Biden Takes Aim at China's Steel Industry: Proposes 25% Tariff for Unfair Subsidies President Joe Biden sharply criticized the substantial subsidies received by Chinese steel companies as “cheating” on the 17th (local time). President Biden made these remarks during a speech in front of workers from the United Steelworkers (USW) union in Pittsburgh, Pennsylvania, a critical battleground state in the presidential election. At this event, he said, “China’s […]
China Slashes U.S. Treasury Holdings: Set to Fall Behind UK As China cuts its holdings of U.S. Treasuries, it is expected to drop to the third-largest holder of U.S. Treasuries after the United Kingdom. According to United News on the 18th, the U.S. Treasury Department reported on the 17th (local time) that as of the end of last February, the Chinese government’s holdings of U.S. […]
U.S. Urges North Korea to Reject Provocation and Embrace Dialogue “Alternative sanctions panel against North Korea, considering all options” U.S. Ambassador to the UN Linda Thomas-Greenfield affirmed, “The United States has unequivocally communicated our lack of hostile intentions towards North Korea,” emphasizing, “We consistently urge North Korea to refrain from provocations and embrace dialogue.” While in South Korea, Ambassador Thomas-Greenfield toured the DMZ in Paju, […]
Tensions Rise as Russia Pulls Peacekeepers from Nagorno-Karabakh On the 17th local time, the Kremlin announced that Russian peacekeeping forces are withdrawing from Nagorno-Karabakh, a disputed region between Azerbaijan and Armenia. During a briefing on the same day, Dmitry Peskov, a Kremlin spokesperson, confirmed reports from Azerbaijani media that the Russian peacekeeping forces had begun to withdraw, stating, “Yes, it’s true.” Following the […]
Smoke's Up: UK Lawmakers Advance Bill Banning Lifetime Tobacco Sales for Those Born After 2009 A smoking ban law that prohibits individuals under the age of 15 in the UK from purchasing cigarettes for life has passed the first hurdle in parliament. According to Reuters and other foreign media reports on the 16th (local time), the UK House of Commons passed the Tobacco and Electronic Cigarettes Regulation Bill to the […]
Fed Chair Powell: No Plans for Interest Rate Cut Amid Strong Economy Jerome Powell, Chair of the U.S. Federal Reserve (Fed), has scuttled the market’s hopes for a cut in the benchmark interest rate. According to the Wall Street Journal (WSJ) on the 16th (local time), Powell said at an economic forum in Washington, D.C., “Recent indicators have not given us more confidence. Rather, it suggests that […]
Will the United States Be Able to Disuade an All-Out War in the Middle East? Western countries, including the United States, are urging Israel to exercise restraint to prevent a full-scale war. However, there are many voices in Israel and the U.S., including hardline conservatives, calling for a counterattack and pessimism that the embers of war in the Middle East will not be extinguished quickly. On the 14th, CNBC reported […]
U.S. House Speaker Splits Security Aid Package for Israel and Ukraine into Four Separate Packages Security aid package split to Israel, Ukraine, Taiwan, and othersTransition from unified support to separate supportUnderscores the difference between long-time ally Israel and Ukraine A massive security package, which has become a top priority in the U.S. Congress in the wake of Iranian attacks on Israel, is expected to be split into four parts. According […]
EU Carmakers Struggle to Close Emission Gap by 2025 On April 10, 2024, the European environmental NGO T&E reported a 28% reduction in CO2 emissions from new cars in the European Union since 2019 due to automobile CO2 regulations. Emissions must be reduced by 15% by 2025 compared to 2021. T&E estimated the gap between the 2023 emissions and the 2025 target for automobile […]
Israel vs Iran: Are the Two Countries on the Brink of War? IAFP·Yonhap News Israel is expected to retaliate against Iran, provided such action does not escalate into an all-out war in the region. According to Channel 12 in Israel, on the 15th (local time), the Israeli cabinet resolved to retaliate against Iran “clearly and strongly.” This response aims to assert that “Israel will not tolerate such […]
Seattle Mayor Makes Historic Visit to Seoul, Strengthening Ties Source: City of Seoul Bruce Harrell, the first Asian-American Mayor of Seattle and son of a war veteran led a large economic delegation on a visit to Seoul on April 15. During their meeting, Mayor Oh Se Hoon introduced the Climate Companion Card, part of Seoul’s key policy, the Special City of Companionship and Charm. […]
Trump Stands as Defendant in Criminal Court On the 15th (local time), President Donald Trump became the first former U.S. president to stand trial as a criminal defendant. From this day, he will be on trial for a month on charges of paying hush money to prevent a sex scandal before the 2016 presidential election and manipulating company books. According to the […]
No Heads-Up: US Claims Ignorance of Iran's Attack on Israel ORIGINAL LINK: https://www.sedaily.com/NewsView/2D7XMB1B9D On December 13th (local time), the U.S. government stated that Iran did not notify it regarding its airstrike on Israel, which contradicts Iran’s claim that it had informed neighboring countries about the airstrike in advance. Matthew Miller, Spokesperson for the U.S. State Department, said at a regular briefing on the 15th that […]
US Steel Shareholders Approve Merger with Japan's Nippon Steel, Despite Opposition from Biden and Trump US Steel shareholders have approved a merger with Japan’s Nippon Steel. However, significant obstacles loom ahead as President Joe Biden and former President Donald Trump, the Republican presidential candidate, have made clear their opposition to Nippon Steel’s acquisition of US Steel. In a press release on the 12th (local time), US Steel announced that the […]
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