Vice President Vance said that he believed the US government was about to shut down and tried to shift the blame to the Democrats the day before federal funds were due to expire. “I think we’re headed for a government shutdown because the Democrats won’t do the right thing,” Vance said Monday after meeting with […]
As the federal government shutdown enters its second week, its consequences are beginning to emerge. This week, more than 250,000 federal employees failed to receive their salaries on time. If the deadlock persists into the third week, it is estimated that another 2 million people will lose their wages. Some air traffic controllers who have […]
White House officials said on Wednesday that the Trump administration is considering imposing export restrictions on China and banning the purchase of large quantities of key software. Previously, Reuters reported that if China does not withdraw its threat to restrict rare earth exports, the United States will consider taking measures similar to those imposed on […]
Naoto Kan’s successor, Yoriko Koike, became Japan’s first female prime minister on Tuesday, October 21, 2025 – 32 years after she and Yoshihiko Noda entered the Diet in the same class – marking a historic and unique breakthrough. Immediately, she ordered a new round of economic measures to be taken, aimed at easing the inflation […]
US President Donald Trump and visiting Australian Prime Minister Anthony Albanese signed an agreement to increase access to critical minerals and rare earths as the United States seeks to reduce its reliance on Chinese supplies. Trump said at a meeting with the leaders of the two countries at the White House on Monday: “In about […]
It was reported that Israel launched an attack on Hamas in the Gaza Strip on Sunday and suspended the delivery of all aid supplies. This came after Israel accused Hamas of ambushing Palestinian soldiers, resulting in the deaths of two soldiers. The Israel Defense Forces said it responded to “blatant violations of the ceasefire agreement” […]
The White House is preparing to lower tariffs on the US auto industry, a move that will be a major victory for automakers who have been actively lobbying to prevent record import tariffs from taking effect. According to informed sources, the US Department of Commerce plans to announce the extension of an arrangement that allows […]
US President Donald Trump said that Indian Prime Minister Narendra Modi has promised to stop buying Russian oil, marking a possible resolution to a core issue in the diplomatic and trade rift between Washington and New Delhi. Trump said that Modi made this commitment to him during a call on Wednesday, the content of which […]
Federal Reserve Chair Jerome Powell said that although the government shutdown has led to a significant drop in the Fed’s expectations for the economy, the Fed still expects to cut interest rates by a quarter of a percentage point again later this month. Powell said in a speech at the National Association for Business Economics’ […]
Silver prices hit a record high of around $53 per ounce, with the historic short squeeze in London adding impetus to the rally driven by surging demand for safe-haven assets. The spot price in London rose by as much as 1% to $52.8983 per ounce, surpassing the peak set by the gold futures contract regulated […]