The recent warning from Treasury Secretary Janet Yellen regarding China’s approach to the global economy has sparked concerns about the impact of the country’s surplus of clean energy products. Yellen highlighted the fact that China is utilizing its excess capacity to flood international markets with cheaper products, leading to distortions in prices and production patterns.
Politics
New Zealand has recently pointed fingers at China for engaging in what they describe as “malicious cyber activity” that is tied to Chinese state actors. This revelation came to light after an attack on New Zealand’s parliament in 2021. Foreign Minister Winston Peters expressed concerns over the cyber activity, attributing it to groups sponsored by
Israeli Prime Minister Benjamin Netanyahu made a bold decision on Monday by announcing that he would not send a delegation to Washington after the United States refrained from vetoing a U.N. Security Council proposal calling for a ceasefire in Gaza. Netanyahu expressed his disappointment in Washington’s failure to block the proposal, stating that it was
Recent reports indicate that Russia launched a total of 57 missiles and drones on Ukraine, targeting key areas such as Kyiv and the western Ukrainian region of Lviv. The attack also resulted in one of Russia’s cruise missiles breaching Polish airspace, causing concern among neighboring countries. Despite the relentless assault, Ukraine’s air force managed to
The excitement surrounding the merger between Digital World Acquisition Corp. and Trump Media quickly turned sour as shareholders witnessed a sharp 14% drop in share price following the approval of the deal. This unexpected decline has raised concerns about the future value of Trump’s majority stake in the newly merged company. Despite initial estimates placing
The recent approval by Digital World Acquisition Corp (DWAC) shareholders to merge with Donald Trump’s social media company, Trump Media & Technology Group, raises significant financial implications for the former president. With the possibility of Trump earning a windfall of $3 billion or more from the deal, it underscores the potential profits involved in this
House Speaker Mike Johnson expressed his desire to invite Israeli Prime Minister Benjamin Netanyahu to address a joint session of Congress. This gesture signifies the strong bond between the United States and Israel, showcasing unwavering support for the nation. In response to Senate Majority Leader Chuck Schumer’s criticism of Netanyahu’s handling of the conflict in
In the recent Ohio Republican Senate primary, businessman Bernie Moreno emerged as the winner. He defeated his main opponent State Sen. Matt Dolan and Secretary of State Frank LaRose to secure the nomination. Moreno’s victory speech highlighted the importance of party unity and the shared mission of defeating incumbent Democratic Sen. Sherrod Brown in the
President Joe Biden is set to host a historic White House summit with Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. next month. The summit comes at a crucial time as there are increasing concerns surrounding North Korea’s nuclear program, provocative actions by China in the South China Sea, and disagreements over
North Korea fired ballistic missiles into the sea on Monday, marking the first time in two months that such an action has been taken. The multiple short-range missiles were launched from a region south of the North’s capital, Pyongyang, and landed east of the Korean peninsula. This act has escalated tensions in the region and