Mexico Raises Cruise Passenger Tax by 740% – What It Means for TravelersMexico raises tourism tax for cruise passengers from $5 to $42 by July 2025, sparking controversy and potential economic impact.
China's Economic Slowdown: Why Meeting 5% Growth Now Seems ImpossibleChina's economy struggles to meet growth targets, raising concerns about its ambition to surpass the U.S. as the largest economy by 2035.
China’s Steel Industry Faces Tough Times: Demand Expected to Drop 1.5% in 2025China's steel demand is set to decline by 1.5% in 2024 due to a sluggish real estate market and slowing manufacturing growth.
Xi Jinping’s Strong Call for Hong Kong to Match Macau’s Success on National SecurityXi Jinping urges Hong Kong to emulate Macau's success, promoting stability and effective governance during the 25th anniversary celebrations.
Bitcoin to Be the World’s Official Currency? CZ Predicts Global Adoption in 10 YearsChangpeng Zhao predicts Bitcoin will become a key global financial asset within a decade, replacing gold and aiding economies.
Russia Losing the Battle Against Inflation? Central Bank Raises Rates by 200 Basis PointsThe Bank of Russia is set to raise its key interest rate to 23% due to soaring inflation driven by the ongoing conflict and sanctions.
China Reacts Strongly to U.S. Solar Tariff Increase, Claims It Will Only Hurt Consumers and Fuel InflationThe U.S. plans to double tariffs on Chinese solar products, prompting strong opposition from China and warning of inflation and instability.
Ukraine’s Bold Crypto Move: Legalizing Digital Assets by 2025 – No Tax Breaks, But Big GainsUkraine plans to legalize cryptocurrency by early 2025, introducing standard tax rules for digital assets amid ongoing conflict.
North Korea’s Currency Crisis: The Dollar Dominates While Won StrugglesNorth Korea's trade is shifting to foreign currencies amid rising dollar value and won devaluation, affecting market transactions and prices.
U.S. Pumps $6.2 Billion Into Micron—Could This Help the U.S. Lead the Semiconductor Race?The U.S. Commerce Department grants Micron $6.2 billion for semiconductor plants, boosting domestic production under the CHIPS Act.
Citigroup Warns: Trump’s Tariff Threat Could Send Copper Prices CrashingCitigroup predicts a bearish copper market, lowering projections due to trade policy concerns and economic risks, projecting $8,750 per ton by 2025.
Gold Prices Are Soaring—Here’s How to Make the Most of ItGold prices soar amid global uncertainty, with central banks increasing reserves. Investing in gold offers stability and diversification.
Putin Suggests Cryptocurrencies Could Replace the Dollar in Russia’s Financial FuturePutin suggests cryptocurrencies, including Bitcoin, as alternatives to traditional currencies amidst Western sanctions and frozen reserves.
Putin Issues Stark Warning on Ukraine's Nuclear Ambitions!Putin warns Ukraine against nuclear weapons, suggesting military action and downplaying missile impacts, while addressing economic concerns.
China Protests U.S. Sanctions on 29 Firms Over Alleged Forced LaborChina protests U.S. sanctions on 29 companies linked to Uyghur forced labor, calling them baseless and harmful to global supply chains.
Massive Gold Deposit Found in China: 300 Tons Could Be Just the BeginningA massive gold deposit estimated at 300 tons has been unearthed in Pingjiang County of Hunan Province, China.
China Opens Visa-Free Access for Japan—Why Now?China plans to resume short-term visa exemptions for Japan, aiming to boost tourism and investment following a recent summit.
U.S. Faces $3.4 Billion Economic Loss as China Tightens Control Over Essential Tech MineralsU.S. faces $3.4 billion loss from China's export ban on gallium and germanium, critical for semiconductors amid escalating tech conflict.
Historic Agreement Signed in Pyongyang to Boost Trade and Science with RussiaNorth Korea and Russia signed a protocol at the 11th DPRK-Russia meeting, focusing on trade and economic cooperation.
North Korea and Russia Discuss Expanding Cooperation in Energy, Agriculture, and TechNorth Korea hosted a banquet for a Russian delegation, discussing bilateral cooperation in various sectors during the meeting.
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