US Congress House of Representatives

U.S. Senate Passes Stopgap Spending Bill Amid Democratic Backlash

The U.S. Senate narrowly passed a stopgap spending bill late Friday, averting a partial government shutdown but exposing deep rifts within the Democratic Party over how to counter President Donald Trump’s aggressive cost-cutting measures. The vote, which saw Senate Democrats...
NASA and SpaceX

NASA and SpaceX Launch Crew-10 to the ISS, Paving the Way for Wilmore and Williams’ Return

SpaceX and NASA successfully launched the Crew-10 mission on Friday, sending four astronauts to the International Space Station (ISS) in a long-awaited rotation flight that will finally allow NASA astronauts Butch Wilmore and Suni Williams to return home after an...
F-35 Fighter Jets

Portugal Rejects F-35 Fighter Jets Over US Policy Shifts, Eyes European Alternatives

Portugal has ruled out purchasing American-made F-35 fighter jets to replace its aging F-16 fleet, citing concerns over the United States' shifting geopolitical stance. Outgoing Defense Minister Nuno Melo announced the decision in an interview with Portuguese daily Público on...
EU-European Union

EU Extends Sanctions Against Russia, Targeting Nearly 2,400 Individuals and Entities

The European Union has renewed its sanctions against Russia, extending measures targeting individuals and entities. This decision maintains restrictions on prominent figures, including tycoon Mikhail Fridman, despite initial opposition from Hungary, which sought the removal of certain names from the...
Donald Trump -Vladimir Putin

Trump’s Ukraine Envoy Excluded From Peace Talks After Russia Objection

President Donald Trump’s special envoy for Ukraine and Russia, retired Lt. Gen. Keith Kellogg, was notably absent from high-level negotiations aimed at ending the war in Ukraine. His exclusion came after the Kremlin objected to his participation, according to U.S....
Senate Democratic leader Chuck Schumer

Schumer Backs Down, Averts Government Shutdown Amid Democratic Infighting

Senate Democratic Leader Chuck Schumer faced a crucial decision as the government funding deadline loomed. He could either make good on his threat to block the Republican funding bill or risk a government shutdown at midnight on March 15. Ultimately,...
Gold

Gold Hits Record High as Trump’s Tariffs and Inflation Data Spur Safe-Haven Demand

Gold surged to an all-time high of $2,990.21 per ounce as investors sought safety amid concerns about U.S. economic growth, aggressive trade policies from former President Donald Trump, and weak inflation data. The metal's rally was fueled by expectations of...
US-China Chip

China’s Economy Shows Resilience Amid Renewed U.S. Trade War

Despite renewed trade tensions with the U.S. under President Donald Trump’s second term, China’s economy has shown signs of stability in the first two months of 2025. Key economic indicators due for release Monday are expected to highlight steady retail...
Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong

Chinese Equities Emerge as a Safe Haven Amid Trump’s Trade War Uncertainty

Amid growing fears of a global recession sparked by U.S. President Donald Trump’s aggressive trade policies, investors are looking for alternative markets to safeguard their wealth. In an unexpected shift, many are turning to Chinese equities, with Hong Kong’s Hang...
U.S.-EU Trade

Dollar Strengthens as U.S.-EU Trade Tensions Escalate; Markets Face Uncertainty

The U.S. dollar firmed broadly on Friday as global markets reeled from rising trade tensions between Washington and Brussels. The euro retreated further from its five-month high amid fears of a sharp economic downturn, while investors sought refuge in safe-haven...
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