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The Latest Breaking News from Rachel Ziemba

Trump-Xi call thaws US-China relations, but no clear TikTok deal yet

While the leaders had ‘broken ice’ with the call, US President Donald Trump was in no place to impose more tariffs.

Al Jazeera

‘Exorbitant privilege’: Can the US dollar maintain its global dominance?

Despite global shifts, analysts agree the US dollar’s reserve currency status is unlikely to be replaced for decades.

Al Jazeera

Trump says US will raise steel tariffs to 50 percent at Pennsylvania rally

In his campaign-style speech, Trump also hailed a ‘blockbuster agreement’ between Japan’s Nippon Steel and US Steel.

Al Jazeera

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What to watch for as Trump’s ‘reciprocal’ tariffs kick in

Trump says he is open to making deals but his disdain for trade deficits makes compromise a challenge, analysts say.

Al Jazeera

The trade surplus that Trump never mentions

US has a trade surplus from export of services which experts say are now vulnerable to global tariffs.

Al Jazeera

Trump’s tariffs unleash ‘existential fight’ for Canada

Even if blanket tariffs are revoked, more tailored levies are likely to persist, stoking inflation, analysts say.

Al Jazeera

Trump’s tariffs could spur push to rewrite North America trade pact

The Trump administration is trying to rewrite numerous trade rules to extract concessions from allies and adversaries.

Al Jazeera

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No tariffs on day one, but Trump promises to ‘drill, baby, drill’

Long-debated tariff threats do not materialise on first day of his presidency, but that doesn’t mean they’ve gone away.

Al Jazeera

Millions in bonds for Israel put US states at odds with investment policies

US states spend millions on Israeli investments but risk non-compliance with their own policies.

Al Jazeera

The US Fed cut interest rates by more than expected. So what?

Many households will have to wait for some time to feel the benefit of lower interest rates.

Al Jazeera

War sanctions against Russia highlight growing divisions among the Group of 20 countries

Treasury Secretary Janet Yellen is facing growing skepticism from some leading rich and developing nations as the residual impact of sanctions against Russia is deepening divisions among the Group of 20 countries

The Independent UK

The U.S. has sanctioned Vladimir Putin's long-rumored romantic partner

Rumors of a relationship between Putin, 69, and Alina Kabaeva, 39, date back more than a decade. Putin and the former Olympic gymnast are thought to have had at least three children together.

WEKU

US Treasury set to push Russia closer to default

The U.S. Treasury Department is expected to tighten sanctions this week on Russia, threatening about $1 billion owed to bondholders for the rest of this year and putting the country once again on the edge of default.

Tribune News Service

Will escalating sanctions shift Fortress Russia? It’s not a given

Sanction resilience and understanding the West’s pain points are part of Putin’s long-term calculus.

Al Jazeera

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