Washington, D.C.—April 2025—The U.S. Treasury has reported a budget surplus of $258 billion for April, marking a significant 23% increase compared to the same month in 2024. The surplus is primarily attributed to robust tax receipts at the end of the tax season and heightened customs duties following President Trump’s increased tariffs on Chinese imports….
Tensions between the United States and China are escalating, prompting experts to warn that the Asia-Pacific region must prepare for the impact of a new Cold War. As economic competition turns into strategic rivalry, both nations bolstered their military capabilities and strengthened regional alliances, raising concerns about long-term stability. Military Buildup and Strategic Positioning China…
MANILA, Philippines – Millions of Filipinos headed to the polls on Monday in a highly anticipated midterm election, deciding over 18,000 posts nationwide. The vote comes amid a deepening political rift between President Ferdinand Marcos Jr. and Vice President Sara Duterte, following Duterte’s impeachment by the House of Representatives for alleged high crimes. The election…
In a significant move to combat veteran homelessness, President Donald Trump has directed Secretary of Veterans Affairs Doug Collins to establish the National Center for Warrior Independence at the West Los Angeles VA campus. The initiative aims to provide housing and support services for up to 6,000 veterans by 2028, addressing a critical issue in…
Singapore – May 12, 2025 – Satellogic, a global leader in high-resolution Earth observation, has signed a multi-million dollar agreement with an Asia-Pacific customer, granting access to its NewSat constellation for advanced satellite imagery collection. The deal underscores the growing demand for geospatial data across industries, including agriculture, urban planning, and disaster management. Strengthening Earth…
Central Philippines – May 13, 2025 Kanlaon Volcano, one of the most active volcanoes in the Philippines, erupted early Tuesday morning. It spew a colossal grey plume of ash approximately 3 kilometers into the sky and launched ballistic projectiles across its surroundings. Authorities and experts closely monitor the situation as residents brace for possible aftereffects….
Washington, D.C./Beijing – May 12, 2025 – The United States and China have officially signed a new trade agreement, marking a significant shift in economic relations between the two global superpowers. The deal, announced earlier today, aims to ease tariffs, improve market access, and stabilize financial markets after years of trade tensions. Key Provisions of…
In a surprising turn of events, India and Pakistan have agreed to a full and immediate ceasefire following days of escalating military tensions. The announcement came from former U.S. President Donald Trump, who claimed the ceasefire was brokered through U.S.-led mediation. However, the agreement’s details remain contested, with India asserting that the truce was reached…
Singapore – May 12, 2025 – Industry leaders worldwide have gathered at the TFWA Asia Pacific Conference in Singapore to discuss the future of travel retail amid a surge in outbound tourism from China and India. The conference, a premier event for duty-free and travel retail professionals, focuses on digital innovation, sustainability, and evolving consumer…
Washington, D.C. — May 10, 2025 China’s exports to the United States have plummeted, marking a significant shift in trade patterns and underscoring the impact of President Donald Trump’s new tariff policy. The decline in Chinese shipments follows the introduction of a 10% baseline tariff on imports, which has reshaped business strategies and forced industries…
