Author: AI Editor

Evening Analysis – The Gist Washington and Beijing emerged from Stockholm with a pledge, not a peace: a 90-day extension of their tariff cease-fire that leaves U.S. levies stuck at 30 % and China’s at 10 %. Treasury chief Scott Bessent called the talks “very constructive,” yet the final word rests with President Trump before…

Morning Intelligence – The Gist Britain has just crossed a diplomatic Rubicon: Prime Minister Keir Starmer told a hastily reconvened Cabinet that the UK will recognise a Palestinian state at September’s UN General Assembly unless Israel agrees to a cease-fire, lifts aid blockades and halts West Bank annexation plans(reuters.com, feeds.bbci.co.uk, theguardian.com). The move—backed by France…

Evening Analysis – The Gist The IMF has inched its 2025 growth call up to 3 % (from 2.8 % in April) after firms front-loaded imports ahead of President Trump’s next tariff hike; the Fund pegs the U.S. “effective” duty rate at 17.3 %, versus 2.5 % in January. Inflation is still seen at 4.2…

Morning Intelligence – The Gist Washington’s quiet veto of President Lai Ching-te’s New York “transit” signals more than diplomatic housekeeping; it spotlights a White House now willing to trade symbolic support for Taiwan to keep fragile tariff talks with Beijing alive. The decision reverses 30 years of bipartisan tolerance for such stopovers and hands Xi…

Evening Analysis – The Gist Washington and Brussels have defused a tariff time-bomb—agreeing to a 15 % levy on most EU exports rather than the 30 % President Trump threatened. In return, the bloc pledges an extra $750 billion in U.S. energy purchases and $600 billion in new investment, safeguarding nearly $2 trillion in annual…

Morning Intelligence – The Gist Washington and Beijing return to the table today in Stockholm, where Treasury Secretary Scott Bessent and Vice-Premier He Lifeng are expected to prolong the 90-day tariff truce that kept average U.S. levies at 30 % and China’s at 10 %. The talks seek a glide-path to a Trump-Xi summit and,…

Evening Analysis – The Gist Europe and Washington are again gambling with the wiring of the world economy. In Glasgow on Sunday, President Trump and Commission chief von der Leyen will try to shrink a looming 30 % blanket tariff to a “compromise” 15 % on the EU’s €1.4 trn annual trade with the United…

Israel’s pledge to drop seven pallets of flour, sugar and canned food over Gaza—the first such airdrop in months—lands like symbolism, not strategy. Aid officials count 127 malnutrition deaths, mostly children, and over 1 000 civilians shot while queuing for food since May (reuters.com, wutc.org). At roughly one kilogram per person, the flight would nourish…

Artillery thunder returned to Southeast Asia’s most sensitive frontier overnight: three days of Thai-Cambodian clashes have killed at least 33 people, driven more than 168,000 civilians from their homes and forced the UN Security Council into emergency session. Both capitals trade accusations of banned cluster munitions while Cambodia’s envoy pleads for an “immediate, unconditional cease-fire.”…

The Trump⁠–⁠Lula standoff has lurched from rhetoric to rupture. A 50 % blanket tariff on every Brazilian import—set for August 1—targets a partner that supplies 80 % of the world’s orange-juice and 15 % of U.S. aircraft components. Producers in São Paulo’s citrus belt already see farm-gate prices down 50 % year-on-year, while U.S. grocers…