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- 1India tells UN distant countries bear cost of others' warsโCountries far from conflict paying the price for wars not their own, India tells UN
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.
- 2US and China agree tariff cuts and AI talksโBIG: The US and China have agreed to cut tariffs on $30B worth of goods each and to start regular talks on AI. They'll a
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.
- 3US Treasury Yields Cross Into the 5% Eraโ๐ UPDATE US Treasury Yields Enter 5% Era US 10-year Treasury yield trading around 5.18% and 30-year near 5%, highlightin
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.
- 4Bessent hails global crackdown on Iranian banks and airlinesโUS Treasury Secretary Scott Bessent hails global crackdown on Iranian banks and airlines
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.
- 5US and China agree to lower tariffs on $30 billion in goodsโUS, China strike deal to lower tariffs on $30B in goods after Trump-Xi Washington summit
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.
- 6US and China move to ease tensions with tariff cuts and AI dialogueโUS and China move to ease tensions with tariff cuts and new AI dialogue
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.
- 7China and US agree to AI dialogue and $42 billion in tariff cutsโChina, US agree to AI dialogue, $42b in tariff cuts during state visit The tariff reductions are set to apply to US expo
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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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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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.
- 10Rising temperatures put 26 Japanese ski resorts at riskโผ# ski # Sport # Japan A total of 26 resorts, including those in Aomori, Niigata and Gifu prefectures, would be able to o
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.
- 11Costa Rica Courts Indian Tech and Services FirmsโCosta Rica Seeks to Attract New Global Service, Technology, and Artificial Intelligence Centers from India
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.