US Budget Deficit Soars to $1.833T: Implications for Global Economy
US federal budget deficit hits $1.833 trillion in 2024, the highest since COVID-19, raising concerns about the dollar’s global dominance and economic stability.
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US federal budget deficit hits $1.833 trillion in 2024, the highest since COVID-19, raising concerns about the dollar’s global dominance and economic stability.
China and the EU reaffirm their commitment to resolving the electric vehicle trade dispute through continued dialogue and price commitments, aiming for a fair and sustainable outcome.
Russian President Putin appoints Sergey Belyaev as the new ambassador to Sweden, as reported by TASS news agency.
Cuban President Diaz-Canel meets with China’s Li Shulei to enhance Cuba-China relations and discuss future collaborations.
Tropical Storm Trami has devastated northwestern Philippines, causing 66 deaths and extensive flooding. Rescue operations are ongoing as the storm may turn again next week.
China and Zambia celebrate 60 years of diplomatic ties, deepening their bond with the revitalization of the TAZARA Railway, enhancing development and regional stability.
Cyclone Dana makes landfall in eastern India, bringing heavy rains and strong winds to Odisha and West Bengal. Extensive damage reported, but no casualties so far.
The Netherlands and China deepen their agricultural partnership, focusing on technology innovation and sustainability through collaborative efforts in Shanghai.
China welcomes Apple’s commitment to deepen cooperation, highlighting mutual growth and an improved business environment amidst China-U.S. trade dynamics.
Finnish President Alexander Stubb is scheduled to make a state visit to China from October 28 to 31, according to a statement by Chinese Foreign Ministry spokesperson Hua Chunying.