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Many have been writing in about the FT’s article on the UK surpassing China as the 2nd largest holder of US debt. While they understand I have laid out that ever since the Biden Administration that was in the hands of the Neocons began threatening China with war over Taiwan, and in the aftermath of

The clash between migrants and Spaniards has reached the brink. Vigilante groups form when the people lose all trust in their government’s ability to protect them. Spain has launched a probe into far-right groups through the terrorism and organized crime intelligence units, with a particular emphasis on monitoring social media networks. The government’s emphasis on

Keir Starmer and Narendra Modi brokered a “free trade agreement” yesterday that is expected to lift the UK economy by £4.8 billion annually, with £6 billion in investments by Indian and British corporations. The deal comes after nearly four years of negotiations and is seen as a major step forward for the two nations. This

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 655.02 points or 1.59% to 41,826.34 • Shanghai increased 23.43 points or 0.65% to 3,605.73 • Hang Seng increased 129.11 points or 0.51% to 25,667.18 • ASX 200 decreased 27.80 points or -0.32% to 8,709.40 • SENSEX decreased 542.47 points

For hundreds of years, the two Southeast Asian neighbors, Cambodia and Thailand, have engaged in occasional military conflicts and nationalist rivalry centered on a disputed border. We’re getting reports from Thailand that an F16 bombed a Cambodian military target. This border conflict actually dates back to a map made in 1907, when Cambodia was a

China has been offloading its US Treasury holdings for years. Once the top holder of US debt, China cut its US Treasury holdings for the third consecutive month this May. Total holdings have fallen to $756.3 billion from $757.2 billion in April, according to the US Treasury, marking the lowest debt held since May 2009.

Over 8,000 bank branches are expected to close worldwide in 2025. Approximately 3,200 of those closures will take place in the United States. Q1 experienced 148 net branch closures in the US, with all major banks slated to close branches throughout the year. These are merely bank closures and not bank failures, although two smaller