Category: Politics
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Trump and Saudi Crown Prince Sign 2025 Agreement in Riyadh
President Trump signed the economic cooperation agreement with Saudi Crown Prince Mohammed bin Salman and co-chaired the Saudi-U.S. Investment Forum 2025 in Riyadh. The historic bond between the United States and Saudi Arabia grew even stronger on Tuesday, as the two nations inked a significant economic partnership agreement and a slew of energy deals that…
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China Hikes Tariffs on US Goods to 125%, Hints Trade War May Be Nearing a Resolution
China announced it will raise tariffs on all US goods to 125% starting April 12, escalating its response to Washington’s earlier decision to lift tariffs on Chinese imports to 145%. The move, confirmed by the Ministry of Finance on Friday, marks a significant intensification of the trade dispute but also hints that tensions may have…
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Pharmaceutical Giants Warn Europe of Large Investment to the US
Pharmaceutical companies are sounding the alarm to the European Commission, warning of a potential investment exodus to the United States if proposed tariffs are implemented. This stark message, backed by a survey of 18 major international firms, suggests that 85% of their capital expenditure and 50% of their R&D budgets—estimated at $112.9 billion—are at risk…
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Can China Lower Labor Costs to Offset U.S. Tariffs?
China’s manufacturing strength has long been anchored in its vast labor force, once able to provide low-cost production at massive scale. With rising U.S. tariffs raising the price of Chinese goods abroad, especially in America, it’s natural to ask: could China simply lower labor costs again to remain competitive? On the surface, the idea appears…
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Libya Launches First Oil Tender in 18 Years: A New Energy Era?
Libya is stepping back into the spotlight with its first oil and gas exploration tender in nearly two decades, signaling an ambitious push to reenergize its energy sector. The newly announced initiative offers shared production agreements (SPAs) across 22 exploration and development blocks—11 onshore and 11 offshore—some of which already contain undeveloped discoveries. The move…
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The End of Globalization as We Knew It: A Rebirth of Sovereignty
The imposition of tariffs by Donald Trump was more than a headline-grabbing policy—it was a shockwave across decades of economic doctrine. It marked the unraveling of a global order that prioritized cheap production over domestic strength. The goal? To bring back manufacturing, reclaim industrial sovereignty, and restore dignity to those sidelined by the paper-thin promises…
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How China’s Hands Are Tied and the U.S. Holds the Leverage
China owes the United States approximately $1 trillion in defaulted debt—a staggering figure rooted in a complex historical and legal web few discuss today. This financial obligation dates back to loans issued by the U.S. and the U.K. to the Republic of China (ROC) before 1949, when the ROC was the internationally recognized government. Following…
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Elon Musk’s Exit from DOGE: What It Means for U.S. Fiscal Policy
Elon Musk’s departure from the Department of Government Efficiency (DOGE) marks a turning point for the Trump administration’s fiscal policy. As Musk steps down at the end of May, questions are being raised about the future direction of a department that has reportedly delivered $1 trillion in deficit reduction and $130 billion in taxpayer savings.…
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UK’s Controversial Policy Shifts: Welfare Cuts & Defense Spending
Keir Starmer’s government in Great Britain has introduced sweeping policy changes that have sparked intense debate. Central to these changes are substantial cuts to welfare benefits and civil servant positions, alongside a significant increase in defense spending. These decisions reflect the government’s attempt to navigate economic constraints while prioritizing national security, but they have also…
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GSA Plans to Sell 443 Federal Buildings, Including FBI Headquarters
The General Services Administration (GSA) recently announced a plan to potentially sell 443 federal buildings, including the J. Edgar Hoover Building, which houses the FBI headquarters in Washington, D.C. This move is part of an initiative to optimize government real estate, cut costs, and generate revenue through property sales. The GSA, which oversees federal properties,…