World

Trump Slams Powell: A Call for Urgent Rate Cuts

Key PointsPresident Donald Trump called Federal Reserve Chair Jerome Powell a “numbskull” as he demanded an interest-rate cut.Trump claimed at the White House that lowering rates by two percentage points would save the U.S. $600 billion per year, “but we can’t get this guy to do it.”Trump said he “may have to force something” if […]

Trump Slams Powell: A Call for Urgent Rate Cuts Read More »

5 Key Reasons for US Embassy Evacuation in Iraq

Watch: Trump says US personnel “being moved out” of the Middle East According to sources close to the U.S. government, the U.S.A. non-critical personnel and dependents in Baghdad might be evacuated from Iraq because of elevated security risks. Officials did not say exactly what prompted the elimination; however, on Wednesday, US officials were told Israel

5 Key Reasons for US Embassy Evacuation in Iraq Read More »

6 Reasons U.S. Tariffs on China Will Remain Unchanged

Key PointsCommerce Secretary Howard Lutnick assured Americans that U.S. tariff levels on China would not change from this point onwards.President Donald Trump earlier said that U.S. duties on China will total 55%, though a White House official told CNBC that that figure is not new.The announcements from Trump and Lutnick came after trade negotiators for

6 Reasons U.S. Tariffs on China Will Remain Unchanged Read More »

UK Sanctions: A Response to Violence Against Palestinians

Itamar Ben-Gvir (left) and Bezalel Smotrich are key members of PM Benjamin Netanyahu’s right-wing coalition The UK has sanctioned two some distance-right Israeli ministers over “repeated incitements of violence in opposition to Palestinian communities” within the occupied West Bank.Itamar Ben-Gvir and Bezalel Smotrich will each be banned from coming into the UK and will have

UK Sanctions: A Response to Violence Against Palestinians Read More »

India’s $80 Billion Coal Power: A Crisis in the Making

The world’s most populous country plans to spend nearly $80bn on water-hungry coal plants by 2031 A factory worker rides a bicycle past the Super Thermal Power Plant in Chandrapur, India, February 3, 2025. — Reuters Many shortlisted projects are located in areas with water stress.Water access is an afterthought for thermal plant operators.Expansion is

India’s $80 Billion Coal Power: A Crisis in the Making Read More »

National Guard Mobilization: A Response to LA Protests

Key PointsPresident Donald Trump signed an order to deploy 2,000 members of the National Guard in response to immigration protests in Los Angeles, the White House said.Trump is federalizing part of California’s National Guard that would otherwise report to Gov. Gavin Newsom.Newsom slammed Trump’s move, calling it “purposefully inflammatory.” U.S. Border Patrol and protesters clash

National Guard Mobilization: A Response to LA Protests Read More »

IMF sets strict conditions for increasing salaries and pensions of government employees

Proposals to provide additional benefits for the armed forces are also under consideration, including increases in salaries and pensions. Photo file Islamabad: In view of the strict conditions of the IMF and financial difficulties, the government has proposed a 5 to 7.5 percent increase in the salaries and pensions of government employees. The People’s Party,

IMF sets strict conditions for increasing salaries and pensions of government employees Read More »