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    India tells UN distant countries bear cost of others' wars●Countries far from conflict paying the price for wars not their own, India tells UNβœ‰newsWorldUnited Nations1 h ago

    India has told the United Nations that countries far removed from conflict zones are paying the price for wars that are not their own. The statement, reported by UN News, frames the spillover effects of distant conflicts as a global burden, reflecting India's push for greater international attention to how wars abroad strain economies and security elsewhere.

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    US and China agree to lower tariffs on $30 billion in goodsβ–ΌUS, China strike deal to lower tariffs on $30B in goods after Trump-Xi Washington summitβœ‰newsBusinessLabor3 h ago

    The United States and China have reached an agreement to reduce tariffs on $30 billion worth of goods, following a summit in Washington between President Donald Trump and Chinese leader Xi Jinping. The deal marks a step toward easing trade tensions between the world's two largest economies, though details of which products will be affected have not yet been fully outlined.

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    US and China agree tariff cuts and AI talks●BIG: The US and China have agreed to cut tariffs on $30B worth of goods each and to start regular talks on AI. They'll a𝕏xCNWorldDiplomacy75958 min ago

    The United States and China have agreed to cut tariffs on $30 billion worth of goods each, opening a thaw in trade relations between the world's two largest economies. The deal also establishes regular bilateral talks on artificial intelligence and a dedicated hotline for reporting AI-related incidents, signaling an effort to manage technological competition alongside economic tensions.

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    US and China move to ease tensions with tariff cuts and AI dialogue●US and China move to ease tensions with tariff cuts and new AI dialogueβœ‰newsWarNuclear3 h ago

    The United States and China have agreed to steps aimed at easing trade and technological tensions, including reductions in tariffs and the launch of a new dialogue on artificial intelligence. The moves signal an attempt by the world's two largest economies to stabilise relations after months of friction over trade barriers and competing AI development.

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    US Treasury Yields Cross Into the 5% Eraβ—πŸŸ  UPDATE US Treasury Yields Enter 5% Era US 10-year Treasury yield trading around 5.18% and 30-year near 5%, highlightinMmastodonBusinessMarkets349 min ago

    US Treasury yields have moved decisively higher, with the 10-year trading around 5.18% and the 30-year near the 5% mark. Commentators say the shift in borrowing costs is rippling beyond America, pressuring emerging markets such as India through capital flows and currency strain. Investors are watching whether higher-for-longer rates persist.

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    Bessent hails global crackdown on Iranian banks and airlines●US Treasury Secretary Scott Bessent hails global crackdown on Iranian banks and airlinesβœ‰newsBusinessBanking41 min ago

    US Treasury Secretary Scott Bessent has welcomed what he describes as a global crackdown on Iranian banks and airlines, signalling intensified international sanctions enforcement against Tehran's financial and aviation sectors. The comments point to coordinated action by allied governments targeting entities linked to Iran's economy, though details of specific measures or which countries took part were not given.

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    China and US agree to AI dialogue and $42 billion in tariff cuts●China, US agree to AI dialogue, $42b in tariff cuts during state visit The tariff reductions are set to apply to US expoMmastodonBusinessEconomy23 h ago

    China and the United States have agreed to establish a dialogue on artificial intelligence and to cut tariffs worth $42 billion during a state visit. The tariff reductions are set to apply to US exports including agricultural goods, wood and cosmetics. The agreement marks a step toward easing trade tensions between the two countries while opening a channel for cooperation on AI policy.

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    Global Bond Yields Surge, Straining Advanced Economiesβ–Όβš‘ NEWS Global Bond Yields Surge Straining Advanced Economies Bond yields in major advanced economies including the U.S.,MmastodonBusinessMarkets36 h ago

    Bond yields in major advanced economies, including the United States, Japan, and Europe, have surged at the same time, drawing attention to the heavy national debts built up during the low-interest-rate era. Observers warn that higher borrowing costs could strain government budgets and raise questions about fiscal sustainability across these economies.

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    Analysts are highlighting Saudi Arabia's central role in the global economy, driven by its oil output, sovereign wealth and influence over energy markets. Discussion focuses on how decisions made in Riyadh affect inflation, energy prices and investment flows worldwide, at a time when economies are sensitive to any shifts in oil supply.

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    Ukraine's farmers struggle to sell harvest amid war and droughtβ–ΌUkraine's farmers struggle to sell harvest amid war, droughtβœ‰newsWarUkraine7 h ago

    Ukrainian farmers are struggling to sell this year's harvest as Russia's war and drought compound each other. Blocked or risky export routes, damaged infrastructure and poor yields have left growers with unsold grain and mounting losses, deepening pressure on an agricultural sector that is central to Ukraine's economy and global food supplies.

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    China's Economic 'Regime Shift' May Sow Risk for the Worldβ–ΌChina’s Economic β€˜Regime Shift’ May Sow Risk for the Worldβœ‰newsBusinessEconomy8 h ago

    Bloomberg reports that China is undergoing a fundamental economic 'regime shift', and warns that the transition could create risks for the global economy. The piece suggests that changes in how China's economy operates may have spillover effects well beyond its borders, though the article offers no further detail beyond the headline claim.

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    US and China Announce Tariff Deal with Details Unclearβ—πŸ”΄ BREAKING US-China Tariff Deal with Unclear Details The United States and China announced a tariff arrangement linked tMmastodonWorldDiplomacy29 h ago

    The United States and China have announced a tariff arrangement linked to at least $30 billion in imports, following a meeting between Donald Trump and Xi Jinping. Officials confirmed the arrangement but left key details unresolved, leaving businesses and analysts questioning the scope of the tariff relief, which products are covered, and how the deal will be implemented.

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    South Korea is pursuing a broad national strategy to make artificial intelligence widely accessible across its economy and society. The Financial Times reports on the country's push to scale AI adoption beyond big companies, positioning it as a key driver of future growth. The plan reflects Seoul's ambition to remain competitive as AI reshapes global industries.

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    US and China agree trade truce to buy time●US, China buy time with trade truce as pressure buildsβœ‰newsScienceSpace Policy11 h ago

    The United States and China have agreed to a trade truce, pausing escalation in their ongoing tariff conflict as economic and political pressure mounts on both sides. The deal is being read as a temporary measure that buys time for negotiations rather than a lasting resolution, with observers watching to see whether talks can ease tensions before the truce expires.

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    Semiconductors behind nearly 40% of South Korean tech leaksβ–ΌNearly 4 in 10 S. Korean industrial technology leaks involve semiconductors: dataβœ‰newsTechnology6 h ago

    New data from South Korea shows that nearly four out of ten reported leaks of industrial technology involve semiconductor-related know-how. The figures underline growing concern in Seoul over the theft of critical chip technology, a sector central to the country's economy and to intensifying global competition over semiconductor supply chains.

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    Rising temperatures put 26 Japanese ski resorts at riskβ–Ό# ski # Sport # Japan A total of 26 resorts, including those in Aomori, Niigata and Gifu prefectures, would be able to oMmastodonEnvironment624 min ago

    A report on climate change and winter sports in Japan projects that 26 ski resorts, including ones in Aomori, Niigata and Gifu prefectures, would be able to operate only partially if temperatures rise 2 degrees Celsius above pre-industrial levels. Resorts at higher altitudes and latitudes are considered relatively more likely to survive, while lower-lying slopes face shrinking seasons and unreliable snow.

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    US data deluge to test resilience as RBA nears peak●US data deluge to test resilience as RBA nears peak and Eurozone inflation back in focusβœ‰newsBusinessBanking11 h ago

    Markets are bracing for a heavy run of US economic releases that will test the economy's resilience, while the Reserve Bank of Australia approaches what analysts see as the peak of its tightening cycle. Attention is also turning back to Eurozone inflation figures. Traders will be watching all three for fresh direction on interest rate paths.

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    Chinese companies push comprehensive global business strategies, HKTDC finds●Mainland # Chinese # enterprises are increasingly adopting comprehensive # global # business # strategies , targeting boMmastodonBusinessMarkets38 h ago

    New research from the Hong Kong Trade Development Council indicates that mainland Chinese enterprises are increasingly adopting comprehensive global business strategies. The survey shows these companies are targeting both advanced economies and emerging markets as they expand internationally, a shift observers see as a sign of growing maturity and ambition among Chinese firms operating abroad.

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    Costa Rica Courts Indian Tech and Services Firmsβ–ΌCosta Rica Seeks to Attract New Global Service, Technology, and Artificial Intelligence Centers from Indiaβœ‰newsTechnology4 h ago

    Costa Rica is working to attract global service delivery centers, technology operations, and artificial intelligence facilities from India, positioning itself as an investment destination for Indian companies expanding abroad. The push reflects the country's broader strategy of drawing high-value foreign direct investment to diversify its economy and create skilled jobs, building on its established reputation as a hub for multinationals in Latin America.

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    Global Fuel Shocks Ripple Through Michigan's Economy●The Long Pipeline: How Global Fuel Shocks Reshape the Michigan Economyβœ‰newsBusinessEconomy11 h ago

    Michigan State University researchers examine how global fuel price shocks travel through supply chains to affect Michigan's economy, from transportation costs to consumer prices. The analysis explains why events in distant oil and gas markets can hit Michigan businesses and households, and what the state's economic exposure to international energy volatility means going forward.