Rising U.S. Deficit Drives BlackRock Toward European Bonds
BlackRock, the world’s biggest asset manager, now prefers European government bonds over U.S. Treasuries. This shift comes
July 8, 2025Section
World-News
Trump’s Tariff Deadline Extension Signals Hard Bargaining in Global Trade
President Donald Trump has pushed back the start date for new U.S. tariffs on imports from 14 countries to August...
July 8, 2025
Brazil and India: Why Trade Stays Small Despite Big Promises and BRICS Brotherhood
Brazil and India are both major BRICS economies yet bilateral trade remains surprisingly small. Here is why big promises have...
July 8, 2025
Israel Strikes Houthi Ports as Red Sea Shipping Faces Major Disruption
Israel carried out airstrikes on July 7, 2025, targeting several ports and a power plant in Yemen controlled by the...
July 7, 2025
Texas Shuts Out China, Russia, Iran, and North Korea from Buying State Land
Texas has passed a strong new law that blocks people, companies, and governments from China, Russia, Iran, and North Korea
July 7, 2025
China’s Continued Gold Buying Spree Marks Shift Away from Dollar Dependence
China’s central bank bought gold in June for the eighth month in a row, raising its reserves to 73.9 million...
July 7, 2025
Tesla’s Stock Sinks as Musk’s Political Move Sparks Market Jitters
Tesla’s stock dropped nearly 8% on July 7, 2025, after CEO Elon Musk unveiled the America Party, a new political...
July 7, 2025
German Factories Beat Expectations in May, But Challenges Remain
Germany’s industrial production grew by 1.2% in May 2025, according to official data from Destatis. This increase was much higher
July 7, 2025
Trump’s 10% Tariff Threat Against BRICS-Aligned Countries
Trump threatened a 10% tariff on imports from BRICS-aligned countries. Which nations are affected, what the legal basis is, and...
July 7, 2025