US Fed chief says energy shock manageable for now but warns inflation risks could grow

The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation … Read More

Trump Delays China Summit as Middle East Conflict Takes Priority at Home

In a move that underscores the urgency of unfolding global events, U.S. President Donald Trump has requested China to delay his highly anticipated summit with Xi Jinping. The decision comes … Read More

Iran Approves 60% Minimum Wage Increase Amid Economic Struggles

In a move aimed at easing financial pressure on workers, Iran’s labour minister has announced a substantial hike in the country’s minimum wage—over 60 per cent—according to local media reports. … Read More

Germany’s Merz Seals Chinese Airbus Deal Amid Push to Strengthen Ties with Beijing

German Chancellor Friedrich Merz announced that China will purchase up to 120 aircraft from Airbus, following high-level talks with President Xi Jinping in Beijing yesterday. The landmark deal comes as … Read More

Trump Imposes 10% Tariff Following Supreme Court Blow to Trade Policy

President Donald Trump announced yesterday an additional 10 percent tariff on imports into the United States, a move that comes just after the Supreme Court struck down several of his … Read More

Xi Set for White House Visit by End-2026, Trump Signals Reset With China Amid Trade Tensions

US President Donald Trump has said that Chinese President Xi Jinping is expected to visit the White House toward the end of 2026, signaling a potential thaw in relations between … Read More

South Africa Stands Firm at G20 Summit, Advances Climate Action and Debt Relief Despite US Opposition

South Africa has made headlines this weekend by pushing forward a bold G20 agenda, securing consensus on climate change action and debt relief even as the Trump administration openly opposed … Read More