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Tag: SCOTT BESSENT

economics / Politics

Impact of Trump’s New Reciprocal Tariffs on Global Trade Relations

April 2, 2025April 2, 2025 - by Carmen Mendez - Leave a Comment

On April 2, President Trump will announce new reciprocal tariffs targeting all U.S. trade partners. The tariffs aim to remedy perceived unfair trade practices, with immediate effects on countries imposing …

Impact of Trump’s New Reciprocal Tariffs on Global Trade Relations Read More
Global news

UAE Emerges as Key U.S. Ally Amid Regional Tensions in the Middle East

March 20, 2025March 20, 2025 - by Carmen Mendez - Leave a Comment

The UAE is becoming a critical ally for U.S. interests in the Middle East, particularly against Iran. Recent meetings between President Trump and UAE National Security Adviser Sheikh Tahnoon highlight …

UAE Emerges as Key U.S. Ally Amid Regional Tensions in the Middle East Read More
Global news / Technology

UAE’s Strategic Shift: Emphasis on AI Investments Over Gaza Conflict

March 19, 2025March 19, 2025 - by Liam Nguyen - Leave a Comment

Sheikh Tahnoon bin Zayed’s visit to the US signals the UAE’s prioritization of AI investments over the conflict in Gaza. Engaging with President Trump, Tahnoon outlined the UAE’s commitment to …

UAE’s Strategic Shift: Emphasis on AI Investments Over Gaza Conflict Read More
Business / economics

U.S. Futures Decline as Asian Shares Rise on Positive China Consumption Data

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

U.S. equity futures have decreased following Treasury Secretary Bessent’s comments framing the market slump as a correction. In contrast, Asian shares surged due to positive consumer data from China. Oil …

U.S. Futures Decline as Asian Shares Rise on Positive China Consumption Data Read More
Global news

US Imposes New Sanctions Against Iran Following President Trump’s Letter

March 13, 2025March 13, 2025 - by Carmen Mendez - Leave a Comment

The US has imposed sanctions against Iran’s Oil Minister and related vessels after a letter from President Trump warned of military action. The sanctions are part of a broader strategy …

US Imposes New Sanctions Against Iran Following President Trump’s Letter Read More
Companies

U.S. Pursues Minerals Agreements with Democratic Republic of Congo and Ukraine

March 10, 2025March 10, 2025 - by Marcus Chen - Leave a Comment

The United States is in preliminary discussions with the Democratic Republic of Congo for a minerals deal and seeks a similar agreement with Ukraine. The DRC, rich in critical minerals, …

U.S. Pursues Minerals Agreements with Democratic Republic of Congo and Ukraine Read More
Companies

U.S. Aims to Finalize Minerals Agreements with Congo and Ukraine

March 8, 2025March 8, 2025 - by Liam Nguyen - Leave a Comment

The United States is negotiating critical minerals agreements with the Democratic Republic of Congo and Ukraine, aiming to secure resource access while supporting respective governments amidst regional challenges. The DRC …

U.S. Aims to Finalize Minerals Agreements with Congo and Ukraine Read More
Global news

Trump’s Unsent Letter to Iran: A Disguise for Propaganda Not Diplomacy

March 7, 2025March 7, 2025 - by Marcus Chen - Leave a Comment

Former President Donald Trump claimed to have sent a letter to Ayatollah Khamenei seeking negotiations on Iran’s nuclear program, but an unnamed official revealed it was written but not sent. …

Trump’s Unsent Letter to Iran: A Disguise for Propaganda Not Diplomacy Read More
Technology

Microsoft Announces R5 Billion AI Investment in South Africa

March 7, 2025March 7, 2025 - by Carmen Mendez - Leave a Comment

Microsoft is investing R5 billion in AI and data center infrastructure in South Africa. Brad Smith, the company’s President, emphasized AI’s transformative potential and the importance of its application in …

Microsoft Announces R5 Billion AI Investment in South Africa Read More
Global news

U.S. to Intensify Sanctions on Russia and Iran, Treasury Secretary States

March 6, 2025March 6, 2025 - by Allegra Nguyen - Leave a Comment

U.S. Treasury Secretary Scott Bessent announced plans to intensify sanctions on Russia, particularly targeting its energy sector during the Ukraine war, and on Iran, aiming to weaken its oil sector. …

U.S. to Intensify Sanctions on Russia and Iran, Treasury Secretary States Read More

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