Facing backlash, Trump's administration is criticized for opulent spending amidst a cost of living crisis, challenging his approval ratings and threatening GOP's electoral prospects.
Brazilian President Lula urges the swift finalization of the long-delayed EU-Mercosur trade deal, crucial for regional economic integration, amidst resistance from EU member states.
Wall Street is concerned about Trump's potential appointment of Kevin Hassett as Federal Reserve Chair, fearing his close ties could compromise Fed independence and affect interest rates.
The U.S. confronts rising tensions in Latin America with military deployments, sanctions on Venezuela, and escalating cartel issues, while Mexico offers mediation amid geopolitical shifts.
Lufthansa faces prolonged business-class seat restrictions on its Boeing 787-9 Dreamliners amid FAA delays, financial pressures, job cuts, potential strikes, and fleet expansion plans.
China's firm stance on pro-democracy figure Jimmy Lai challenges Trump's push for his release, highlighting tensions in US-China relations amid recent Hong Kong leadership support.
Western nations unite to curb China's dominance in steel exports, as global overcapacity threatens domestic industries. Tariffs rise, alliances form, and trade dynamics shift.
A Trump ally urges faster rate cuts as Wall Street worries about potential Federal Reserve Chair appointment, reflecting tensions over monetary policy and leadership changes.
Vice President Vance calls for patience as the Trump administration grapples with internal divisions over health care reforms, amid looming premium hikes and upcoming elections.
The Federal Reserve resumes Treasury purchases and cuts rates amid dissent, sparking investor concerns about future monetary policy in the face of economic uncertainty.
Global trade faces challenges in 2025 with U.S.-India talks progressing, Mexico imposing Asian tariffs, and WTO predicting slow growth despite AI-driven sectors booming.
Eileen Higgins becomes Miami's first Democratic mayor in 30 years, signaling possible shifts in Florida politics ahead of the 2026 midterms.