Who Will Be the Next Fed Chair? Treasury Secretary Scott Bessent Weighs In on Trump’s Tariff Deadline and the Future of US Economic Policy

Who Will Be the Next Fed Chair:US Treasury Secretary Scott Bessent opened up about the Trump administration’s aggressive economic strategy — from the looming August 1st tariff deadline to the sweeping immigration reforms in the “One Big Beautiful Bill.” He also addressed growing speculation about who might replace Fed Chair Jerome Powell, hinting at the …

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World Bank Rings Alarm Bells: 70% of Economies Face Growth Downgrades, Slowest Decade Since the 1960s? Global Economy Stumbles Into 2025

The World Bank has slashed its global GDP growth forecast for 2025 to just 2.3%, marking the weakest expansion in 17 years outside major crises. With nearly 70% of economies facing downgrades and the U.S. outlook also trimmed, the global economy is heading into a prolonged period of sluggish growth not seen since the 1960s. …

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UK Reaffirms Strong Support for Lebanon’s Stability and Prosperity Amid Regional Tensions

UK Foreign Secretary David Lammy visits Lebanon and Syria to reaffirm UK support for regional peace, security, and reform. Meeting with Lebanese and Syrian leadership, the UK calls for ceasefire enforcement, reforms, and stronger bilateral relations. UK Reaffirms Strong Support for Lebanon’s Stability and Prosperity Amid Regional Tensions In a significant move amid rising tensions …

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UK Re-Establishes Diplomatic Ties with Syria After Assad Regime’s Fall: First Ministerial visit to Syria in 14 years.

UK Re-Establishes Diplomatic Ties with Syria:The UK has officially re-established diplomatic relations with Syria following the fall of the Assad regime, marking the first ministerial visit in 14 years. Foreign Secretary David Lammy’s visit signals a new era of cooperation aimed at rebuilding Syria’s economy, supporting political transition, and ensuring regional security. With a fresh …

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London IPO Market Hits Three-Decade Low: Can Reforms Spark a Revival?

London IPO Market Hits Three-Decade Low:London’s IPO market has hit a historic low in the first half of 2025, raising just $218 million — the weakest in three decades. As global giants like Shein and Wise turn away from London, US markets thrive. This article explores the reasons behind London’s decline, key IPOs, and whether …

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Russian GDP growth dropped to 1.4% in the first quarter of 2025,Sharpest Drop in last 3 years

Russian GDP growth dropped to 1.4% in the first quarter of 2025:Russia’s wartime economy, once fueled by massive military spending and redirected oil exports, is now showing signs of strain. With GDP growth slowing, inflation surging, car sales plunging, and oil revenues falling short, experts warn that the current growth model is unsustainable. As sanctions …

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Elon Musk Warns Trump Will Bankrupt America, Proposes New ‘America Party’ to Challenge Two-Party Rule

Elon Musk Warns Trump Will Bankrupt America:Elon Musk has sparked a major political debate after slamming President Trump’s “Big Beautiful Bill,” warning it will push the U.S. toward economic collapse with national debt projected to hit $55 trillion by 2035. In response, Musk proposed launching a new political movement—the “America Party”—aimed at breaking the dominance …

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Devastating Flash Floods in Texas Leave 24 Dead and 25 Missing, Rescue Operations Underway

Devastating Flash Floods in Texas:Catastrophic flash floods have struck Texas, leaving at least 24 people dead and 25 missing, including 20 girls from a Christian summer camp. Torrential rain caused the Guadalupe River to surge over 20 feet in just two hours, sweeping away roads, homes, and vehicles across K County. Emergency crews have launched …

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Ukraine Targets Key Russian Airbase,Hits Russian Airfield Housing SU-34 and SU-35 Jets

Ukraine Targets Key Russian Airbase:Ukraine has launched a powerful airstrike deep inside Russia, targeting a key airbase in the Wunes region. The strike reportedly damaged advanced Russian fighter jets and munitions depots. This came after Russia unleashed its largest drone attack on Ukraine, escalating tensions just as President Trump and President Zelensky discussed peace, air …

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The $36 Trillion Problem:America’s Budget Bomb Is Ticking Even in Good Times,Here Is Everything You Need To Know

The $36 Trillion Problem:The U.S. is facing a dangerous and unprecedented fiscal crisis — not because of recession, war, or pandemic, but due to deep-rooted structural imbalances. With annual spending outpacing revenue by nearly $2 trillion and interest payments on debt exploding past the defense budget, America’s long-term economic future is at serious risk. This …

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