EconomyUS Weekly Jobless Claims Plunge to Historic Lows, Defying Recession Fears
US weekly jobless claims plunged to 185,000, the lowest level since 2024, defying recession fears and showing a remarkab...
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EconomyBeijing Unveils $500 Billion Consumer Stimulus to Defeat Deflation and Boost Spending
China announced a historic $500 billion consumer stimulus package featuring direct cash transfers and subsidies to comba...
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EconomyEuropean Central Bank Slashes Interest Rates Again to Rescue Stagnant Eurozone Growth
The European Central Bank cut interest rates by a quarter-point to 3.5% to stimulate stagnant economic growth in the eur...
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EconomyUS Housing Starts Surge to Five-Year High as Builders Chase Lower Mortgage Rates
US housing starts surged 12.5% in May to a five-year high as homebuilders rush to meet the demand generated by recently ...
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EconomyGlobal Shipping Rates Crash 40% as Strait of Hormuz Reopens to Free Trade
Global ocean freight rates have crashed by 40% following the reopening of the Strait of Hormuz, eliminating the geopolit...
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EconomyUS Inflation Proves Sticky in May as Services Costs Offset Cheaper Gas
The May CPI report shows US inflation remaining sticky at 2.8 percent annually, as rising service costs like insurance a...
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World PoliticsBrazil and Argentina Forge New 'Global South' Diplomatic Bloc to Mediate International Crises
Brazil and Argentina launched the "Southern Cone Diplomatic Initiative," a new framework to mediate international crises...
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World PoliticsQuad Nations Hold Emergency Virtual Summit to Coordinate Indo-Pacific Maritime Security
The Quad held an emergency virtual summit to adjust Indo-Pacific maritime security strategies following the redeployment...
Read More →World PoliticsIsrael and Saudi Arabia Resume Historic Normalization Talks in Riyadh
Israel and Saudi Arabia have resumed historic normalization talks in Riyadh, facilitated by the recent US-Iran peace agr...
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World PoliticsAfrican Union Launches Revolutionary Digital Payment System, Bypassing Western Banking
The African Union launched the Pan-African Digital Settlement System, enabling cross-border trade in local currencies an...
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World PoliticsEuropean Union Passes Historic Strategic Autonomy Act Amid Shifting Global Alliances
The European Parliament approved the Strategic Autonomy and Defense Integration Act, centralizing EU military procuremen...
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BusinessOECD Warns of Weakened Global Growth Amid Middle East Energy Shock
The OECD warns that the global economic outlook has weakened due to energy shocks and inflation from the Middle East con...
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