U.S. Oil Inventories Fall as Refineries Run Near Capacity
The U.S. Energy Information Administration (EIA) reported a significant drop in U.S. crude oil inventories for the week ending
June 11, 2025Section
World-News
Trump and Xi Strike Conditional Trade Truce: Rare Earths Flow, Student Visas Return
On June 11, 2025, official statements confirmed that U.S. President Donald Trump and Chinese President Xi Jinping reached
June 11, 2025
Pentagon Halves F-35 Orders, Lockheed Martin Faces Major Setback as U.S. Shifts Defense Priorities
The U.S. Department of Defense has cut its request for new F-35 fighter jets for the Air Force in half,...
June 11, 2025
Gold Overtakes Euro as Central Banks’ Second-Largest Reserve Asset
The European Central Bank (ECB) confirmed in its June 2025 report that gold surpassed the euro to become the second-largest
June 11, 2025
U.S. and China Set Trade Truce in Motion, Rare Earths at the Center
US and Chinese officials have agreed on a framework to implement the Geneva trade consensus, following two days
June 11, 2025
Tesla and Elon Musk Tease Imminent Robotaxi Launch in Austin
Tesla and CEO Elon Musk have set the stage for a major milestone in autonomous vehicles, hinting on X that...
June 11, 2025
IBM Targets 2029 for First Commercial Quantum Computer, Promises Major Leap in Business Computing
IBM has announced a detailed plan to build the world’s first large-scale, fault-tolerant quantum computer by 2029
June 10, 2025
Unprecedented Drone Barrage on Kyiv Marks New Phase in Russian Attacks
Russia carried out one of the largest air attacks of the war on June 10, 2025, targeting Kyiv and Odesa...
June 10, 2025
Trade Barriers Slow Global Growth to 2.3%: World Bank Warns of Economic Headwinds
The World Bank’s June 2025 Global Economic Prospects report reveals that global growth will slow to 2.3% in 2025
June 10, 2025