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Important Developments of the Day 30.05.2025
The 0.3 percent economic contraction announced in the first quarter of the US was revised to 0.2 percent. An appeals court in the US allowed Trump’s tariffs to remain in effect for now. Dallas Fed President Lorie Logan and San Francisco Fed President Mary Daly said in statements on Thursday that interest rates could be […]
Important Developments of the Day 29.05.2025
The US banking sector’s profits increased by 5.8 percent in the first quarter of this year compared to the previous quarter, reaching $70.6 billion. The US Court of International Trade ruled that President Donald Trump exceeded his legal authority in imposing tariffs on other countries and decided to block the implementation of these tariffs. Nvidia, […]
Important Developments of the Day 28.05.2025
It was reported that the US State Department has suspended visa interviews for students planning to come to the US for education from abroad in order to conduct detailed examinations on their social media accounts. US President Donald Trump claimed that worse things could happen to Russia if he were not president, and used the […]
Important Developments of the Day 27.05.2025
TTrump’s media company is trying to raise $3 billion to invest in cryptocurrencies. European Union (EU) Commissioner for Trade Maros Sefcovic said they are focused on constructively reaching a trade agreement with the US. Investors have pushed the yield on the 30-year benchmark bond to 5.1 percent, close to a 20-year high, while stocks and […]
Important Developments of the Day 26.05.2025
The US Treasury Department has eased sanctions on Syria. US President Donald Trump stated that he is not seeking an agreement with the European Union (EU), which he proposed to impose a 50 percent tariff starting from June 1 on the grounds that trade talks have not reached a conclusion. Investors have pushed the yield […]
Important Developments of the Day 22.05.2025
The Republican leaders of the US House of Representatives have released a revised version of President Donald Trump’s tax and spending bill. The Treasury’s seven-year Eurobond issue has a yield of $2 billion and a yield of 7.45 percent. Investors have pushed the yield on the 30-year benchmark bond to 5.1 percent, close to a […]
Important Developments of the Day 21.05.2025
US President Donald Trump, after meeting with Republicans in Congress to support the tax cut bill, said, “I think we have incredible unity as a party. We will win a great victory on this bill.” US President Donald Trump argued during his visit to the Middle East that Saudi Arabia, Qatar and the United Arab […]
Important Developments of the Day 20.05.2025
It was reported that the leaders of Germany, Italy, France, Finland and Ukraine and the President of the EU Commission had a joint phone call with US President Donald Trump. New York Fed President John Williams and Atlanta Fed President Raphael Bostic think that the interest rate cut can wait until September. The US lost […]
Important Developments of the Day 19.05.2025
A key congressional committee in the US House of Representatives approved President Donald Trump’s sweeping tax bill on Sunday. The bill is set to be voted on in the House this week, despite resistance from some Republicans. US President Donald Trump said he is willing to travel to China to discuss foreign policy and economic […]
Important Developments of the Day 16.05.2025
More than $200 billion in new trade agreements have been made between the US and the United Arab Emirates (UAE). Contrary to expectations, producer prices in the US fell by 0.5 percent on a monthly basis in April. Speaking at the Thomas Laubach research conference, US Federal Reserve (Fed) Chairman Jerome Powell said, “We are […]
