Markets Rise as Trump-Xi Phone Call Sparks Fresh Hopes for US-China Trade Deal
Communication lines reopen and Markets Rise as Trump-Xi Phone Call Sparks Fresh Hopes for US-China Trade Deal. Markets worldwide reacted with cautious optimism after U.S. President Donald Trump and Chinese President Xi Jinping held a long-awaited 90-minute phone call on Thursday. The Trump-Xi call, described by both sides as “very positive,” reopened communication channels to ease prolonged trade tensions between the world’s two largest economies.
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Tesla Tumbles 8% as Trump-Musk Feud Over ‘Big Beautiful Bill’ Shakes Markets
In a dramatic turning point, Tesla Tumbles 8% as Trump-Musk Feud Over ‘Big Beautiful Bill’ Shakes Markets. Tesla shares plunged over 8% on Thursday, following a fiery public spat between President Donald Trump and Tesla and SpaceX CEO Elon Musk. The drop comes in the wake of Trump’s sweeping tax and spending legislation, dubbed the “Big Beautiful Bill,” which eliminates tax credits for electric vehicles (EVs)—a major blow to Musk's flagship company.
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Elon Musk Turns on Trump Over ‘Big Beautiful Bill’: Rift Deepens Ahead of Key Vote
In a stunning political twist, Elon Musk Turns on Trump Over ‘Big Beautiful Bill’: Rift Deepens Ahead of Key Vote. Billionaire entrepreneur Elon Musk has launched a fiery campaign against former ally and U.S. President Donald Trump’s hallmark legislation the “Big Beautiful Bill.” Once a trusted insider in Trump’s administration, Musk has now become one of its loudest critics, accusing the bill of driving America into “debt slavery” while threatening the future of electric vehicles and Tesla.
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Putin Warns of Escalation After Ukraine Drone Strike as Trump Seeks Diplomatic Breakthrough
In a critical diplomatic moment, Putin Warns of Escalation After Ukraine Drone Strike as Trump Seeks Diplomatic Breakthrough. Russian President Vladimir Putin and U.S. President Donald Trump held an 85-minute phone call addressing a string of escalating global conflicts from Ukraine’s audacious drone attacks deep inside Russian territory, to the volatile India-Pakistan standoff, and rising nuclear concerns in Iran.
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Columbia University Faces Loss of Accreditation Over Antisemitism Allegations Amid Pro-Palestine Protests
In a major escalation of tensions, Columbia University Faces Loss of Accreditation Over Antisemitism Allegations Amid Pro-Palestine Protests. The U.S. Department of Education has formally notified Columbia University’s accrediting agency that the university is in violation of federal anti-discrimination laws. The department concluded that Columbia “acted with deliberate indifference” toward the harassment of Jewish students on campus during recent pro-Palestinian protests, putting its accreditation and hundreds of millions in federal funding at risk.
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US Blocks UN Gaza Ceasefire Resolution as Humanitarian Crisis Worsens
In a move that has intensified global scrutiny, US Blocks UN Gaza Ceasefire Resolution as Humanitarian Crisis Worsens. The United States on Wednesday vetoed a United Nations Security Council resolution calling for an "immediate, unconditional, and permanent ceasefire" in Gaza. The resolution, supported by all 14 other council members, also demanded unhindered humanitarian aid access and the release of all hostages held by Hamas.
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Hajj 2025 Begins: 2 Million Muslims Gather in Mecca Amid Scorching Heat and Stricter Regulations
Officially Hajj 2025 Begins: 2 Million Muslims Gather in Mecca Amid Scorching Heat and Stricter Regulations. Mecca, Saudi Arabia – Hajj 2025 began on Wednesday, June 4, drawing over 2 million Muslims from across 180 countries to the holiest city in Islam. Spanning five days until Sunday, June 8, the pilgrimage involves a deeply spiritual journey filled with traditional Islamic rituals, many of which date back more than 1,400 years.
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Vietnam Abolishes Two-Child Policy to Combat Falling Birth Rates and Aging Population
In a historic shift, Vietnam Abolishes Two-Child Policy to Combat Falling Birth Rates and Aging Population. Amid alarming fertility decline, the Vietnamese government has officially scrapped its decades-old two-child policy. The country faces a deepening demographic crisis marked by a falling birth rate, an ageing population, and growing concerns over long-term socio-economic development.
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Khamenei Rejects U.S. Nuclear Proposal, Vows Iran Will Continue Uranium Enrichment
Iran's supreme leader Khamenei Rejects U.S. Nuclear Proposal, Vows Iran Will Continue Uranium Enrichment. In a forceful speech on Wednesday, Iran’s Supreme Leader Ayatollah Ali Khamenei sharply criticized a new U.S. nuclear proposal, calling it “100 percent against” the principles of Iran’s 1979 Islamic revolution. Although Khamenei did not entirely close the door on a potential agreement with the United States, he was unequivocal in rejecting any deal that would force Iran to give up uranium enrichment a key component of the country’s nuclear program.
The comments come amid the sixth round of indirect nuclear talks between Iran and the U.S., aimed at reviving a broader agreement and easing decades-long tensions.
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Trump Likens Ukraine War to ‘Fight Between Kids’, Says Let Them ‘Fight for a While’