President Donald Trump is touring Persian Gulf allies to secure over $2 trillion in economic and defense deals, counter Iran’s influence, and revive U.S. regional clout amid the Gaza war and nuclear tensions. In Saudi Arabia, the UAE, and Qatar, Trump is pushing investments, arms deals, and a potential civil nuclear agreement. Gulf leaders pledged…
An Israeli-American hostage was released by Hamas and crossed into Israel during a brief pause in the Gaza conflict. However, no broader agreement on a ceasefire or further hostage releases was reached. Aid monitors continue to warn of worsening famine conditions in the war-ravaged enclave. Full story
The United States and China have agreed to reduce steep tariffs on each other for at least 90 days, offering a temporary reprieve in a trade war that had fueled global recession fears. While the move eases immediate tensions between the world’s two largest economies, uncertainty over a long-term resolution persists.
The Trump administration has granted refugee status to 59 white South Africans, citing racial discrimination as the basis for asylum. The move has drawn sharp criticism from Democrats and sparked confusion and debate in South Africa over the reasoning and implications of the decision.
The U.S. dollar edged lower on Tuesday but retained most of its recent gains, supported by sustained optimism over a potential tariff agreement between the United States and China. Hopes of easing trade tensions between the two economic giants helped temper fears of a prolonged trade war.
The Saudi-U.S. Investment Forum kicked off in Riyadh on Tuesday, coinciding with President Donald Trump's visit. The event brings together leading American bankers, tech executives, Saudi officials, and business leaders to explore new avenues for economic cooperation and investment.
U.S. President Donald Trump arrived in Saudi Arabia on Tuesday, starting a four-day tour of the Gulf region. The visit is set to emphasize economic agreements rather than the region’s pressing security issues, including the war in Gaza and growing tensions surrounding Iran’s nuclear ambitions.
China announced new credit lines and visa-free travel for Latin American countries on Tuesday, aiming to deepen its engagement with the region. However, Brazil warned that neighboring nations should avoid becoming overly dependent on foreign economic powers, signaling caution amid growing Chinese influence.
Gold recovered on Tuesday as buyers moved in following a more than one-week low hit in the previous session. The earlier drop was driven by a U.S.-China tariff truce that boosted risk appetite and weakened bullion’s safe-haven appeal.
The United States' de facto embassy in Taiwan clarified on Tuesday that President Donald Trump's recent remarks on "unification" were in reference to U.S.-China trade relations, not Taiwan. The statement comes after Trump's wording triggered concern in Taipei, amid ongoing sensitivities over China's territorial claims. The U.S. reiterated that its longstanding policy toward Taiwan remains…