5 June 2025
.@POTUS on his call with President Xi: "We had a very good talk. the agreement was we're going to have @SecScottBessent, and @howardlutnick, and @USTradeRep will be going and meeting with their top people."
ECB officials expect rate cuts to be paused at the July meeting
Trump: US and Chinese teams will meet soon after contacting Chinese President
Trump administration directive (handed down by the Press Secretary, for some reason):- Paused all new sanctions on Iran;- includes the vast oil sales to China;- one routine sanctions notice blocked, two "stalled";- no end-date to the order
Canadian Prime minister Mark Carney says Ottawa is preparing reprisals against U.S. if talks to remove tariffs do not succeed
Trump: the debt limit should be entirely scrapped to prevent an economic catastrophe. It is too devastating to be put in the hands of political people that may want to use it despite the horrendous effect it could have on our country and, indirectly, even the world, - Truth Social
Partial blackout has been reported in Omsk after explosions
Protesters in Vega Mestanza have set up barricades to prevent the felling of 20,000 orange trees from starting today.
Blackout reported in occupied Melitopol after explosions
Economic activity in America's manufacturing sector fell to a reading of 48.5 in May, according to the Institute for Supply Management's latest survey of manufacturers, down from April's 48.7. That was the industry's third consecutive decline. @CNN reporting
Turkey's government has arrested more members of the CHP opposition in Istanbul and raided opposition-run municipalities using the pretext of corruption charges as part of a widening crackdown
5 day ago
Opec+ core group of 8 decided another 411,000 barrels in 24 hours output increase for the month of July, part of their unwinding process of a 2.2mn barrels in 24 hours cut, a envoy source told @ArgusMedia
Trump says to double steel tariff to 50%
China plans to allocate 500 billion yuan ($70 billion) of capital that could be leveraged up to fast track new infrastructure projects as authorities seek to cushion the economy from US tariffs, according to people familiar with the matter
Leavitt confirms that Trump met with Powell today and encouraged him to lower interest rates
A federal court just invalidated Trump’s ”Liberation Day" tariffs, ruling he exceeded his authority under IEEPA. The court said Trump can’t bypass Congress to set trade policy and that these tariffs are unconstitutional and void
Trump: I told Canada, which very much wants to be part of our fabulous Golden Dome System, that it will cost $61 Billion Dollars if they remain a separate, but unequal, Nation, but will cost ZERO DOLLARS if they become our cherished 51st State. They are considering the offer!
Washington affirms its support for gas contracts with Kurdistan after the Iraqi lawsuit.
Trump now says his new tariffs against the EU are delayed until July 9
EU's Von Der Leyen says on Twitter she had a phone call with U.S. President Trump to discuss trade, EU will need until July 9th to "reach a good deal"
Cannes experienced a city-wide disruption as a power outage hit southern France. Police were investigating arson as the possible cause
U.S. lifts sanctions on Syrian President Ahmad Al-Sharaa and Interior Minister Anas Khattab
Trump: I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.
Washington Times: US State Department Policy Director: Some waivers could be granted to Syria within days or a week at most
US State Department: 10 more strategic Iranian construction materials are now subject to US sanctions.
The Graham-Blumenthal hard-hitting Russia sanctions bill has reached 81 cosponsors in the U.S. Senate
Bosnian authorities have arrested 17 officers from a police station in the township of Sanski Most in Una-Sana Canton during a raid over alleged corruption and abuse of office. Photo: Una-Sana Canton Prosecutor's Office
Syrian Finance Minister: Lifting European Sanctions is a Historic Decision
Kaja Kallas: Today, we took the decision to lift our economic sanctions on Syria. We want to help the Syrian people rebuild a new, inclusive and peaceful Syria. The EU has always stood by Syrians throughout the last 14 years - and will keep doing so
The US will extend Chevron's license to operate in Venezuela for 60 days.