China Foreign Ministry 16th July Press Conference Highlights: Croatia Ties, SCO Summit, US Tariffs, and Global Diplomatic Challenges

China Foreign Ministry Spokesperson Lin Jian addressed key global issues at the July 16, 2025, press conference, including Croatia’s upcoming diplomatic visit, tensions with Japan over an espionage case, criticism from the U.S. on China’s role in the UN, and NATO’s pressure tactics related to Russia. The session also covered preparations for the SCO summit, …

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President Trump led New Energy and Trade Policies Aim to Cut Costs and Isolate China, Announced $56 Million Investment

President Trump’s latest energy and trade policies focus on lowering electricity and gas prices while reducing U.S. dependence on China. With new investments and global deals like the one with Indonesia, the administration aims to fight inflation and strengthen America’s economic position. President Trump led New Energy and Trade Policies Aim to Cut Costs and …

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US Trade Secretary Bessent Says Powell Will Leave FED Board in May 2026

Bessent Says Powell Will Leave FED Board in May 2026: In a comprehensive interview, US Trade Secretary Bessent addressed key economic and trade issues—from the Federal Reserve’s inflation outlook and speculation around Chair Jerome Powell’s future to Nvidia’s resumed GPU exports to China. He explained how export control policies were used as leverage in ongoing …

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US Inflation Falls for Fifth Straight Month to 2.7%: Former Fed Governor Randall Kroszner Says FED Won’t Cut Rates In July Meeting

US Inflation continues to ease, but the Federal Reserve holds off on rate cuts. Former Fed Governor Randy Kroszner explains why services inflation, tariffs, and cautious Fed policy are shaping the interest rate outlook for 2025. US Inflation Falls for Fifth Straight Month to 2.7% In a conversation with Media that brought clarity to the …

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China Reacts Strongly to Trump’s New Tariff Threats on Russia and Its Trade Allies Amid Ukraine Ultimatum

China has issued a strong rebuke to Donald Trump’s latest tariff threats targeting Russia and its trade partners. Responding to Trump’s 50-day ultimatum to end the Ukraine war, Beijing called the US move illegal and counterproductive. As top SCO diplomats gathered in Beijing, including Russia’s Sergey Lavrov and India’s Dr. S. Jaishankar, China reaffirmed its …

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Wells Fargo Q2 2025 Earnings: Net Income Rises to $5.5 Billion as Asset Cap Lift Fuels Growth

Wells Fargo delivered a strong financial performance in the second quarter of 2025, posting a net income of $5.5 billion and earnings per share (EPS) of $1.60, marking a 12% year-over-year increase. Total revenue reached $20.82 billion, driven by growth in both net interest and noninterest income. The results reflect the positive impact of the …

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JPMorgan Chase Q2 2025 Results: $15 Billion Profit, Strong Performance Across All Segments Despite Revenue Decline

JPMorgan Chase reported a strong Q2 2025 with $15 billion net income despite a 10% revenue decline. Solid growth in investment banking, markets, asset management, and card services fueled performance, while the bank maintained a robust 15% CET1 ratio and returned $11 billion to shareholders. JPMorgan Chase Q2 2025 Results JPMorgan Chase & Co., the …

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Flash Flood Emergency in New York And New Jersey: Roads Submerged, Transit Disrupted, Governor Declares State of Emergency

Flash Flood Emergency in New York And New Jersey:A powerful storm system triggered devastating flash floods across New York and New Jersey, bringing major cities to a standstill. In Queens, drivers were seen pushing their cars through floodwaters on the Cross Island Parkway, while streets in Scarsdale became hazardous zones due to dangerous hydroplaning. The …

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Impact of Falling Dollar: Global Reserve Shift and Rising Inflation Risks in 2025

Impact of Falling Dollar:In 2025, the US dollar is witnessing its worst start to a year since 1973, raising concerns among global investors and policymakers. As President Trump intensifies tariff rhetoric and economic predictability fades, global reserve managers are beginning to diversify away from the dollar. This shift could lead to rising global interest rates, …

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Russia Slams NATO Chief Mark Rutte Over Istanbul Talks Remark, Defends Medinsky’s Role

Russia Slams NATO Chief Mark Rutte Over Istanbul Talks Remark: The Russian Foreign Ministry has sharply responded to NATO Secretary General Mark Rutte’s remarks about the 2022 Istanbul peace talks, defending lead negotiator Vladimir Medinsky and criticizing NATO’s understanding of diplomacy. Spokeswoman Maria Zakharova called Rutte’s comments dismissive and misleading, arguing that Medinsky is a …

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