Trump’s economic adviser on debt downgrade: ‘Moody’s can make its own choices’
On Monday, a key economic adviser to Trump dismissed the recent downgrade of the US credit rating by Moody’s, maintaining that he still considers the US economy to be rated triple-A. In a discussion on Fox Business Network’s “Mornings with Maria,” Kevin Hassett, who leads the White House National Economic Council, was asked by host […]
Trump finalizes economic deals in the Middle East during the last phase and other major news
Good morning, here’s what you need to know today… Top 3 1. Trump announces new economic agreements in the Middle East. 2. The DHS Chief confronts Democrats over measures intended to protect “traffickers”. 3. Passengers are returning to their cruise ship, but they’re facing some unsettling trends. Key Headlines “Confusion syndrome” – Trump maintains respect […]
Trump and Qatar Reach $1.2 Trillion Economic Agreement
On Wednesday, the White House revealed that the United States and Qatar have finalized an agreement projected to generate at least $1.2 trillion in economic transactions. Earlier that day, Trump signed a contract in Doha following his departure from Saudi Arabia during his Middle East trip. “Today in Qatar, President Donald J. Trump has signed […]
Forex Today: Attention shifts to Powell and US economic figures
The US dollar (USD) bounced back on Wednesday, overcoming earlier losses as investors moved away from risk-related assets, maintaining a positive outlook on US trade policy. This recovery in the greenback occurred even with new predictions for Federal Reserve interest rate cuts later this year due to signs of cooling inflation in April. Here’s what […]
US-Qatar Agreements Expected to Produce $1.2 Trillion in Economic Exchange
US-Qatar Economic Agreement On Wednesday, US President Donald Trump met with Qatar’s Emir, Sheikh Tamim bin Hamad Al Thani. The White House announced that their agreement is expected to generate at least $1.2 trillion in economic exchanges. Among the details shared in a fact sheet, the deal encompasses a significant $9.6 billion agreement with Qatar […]
WH secures $1.2 trillion in economic agreement with Qatar, featuring a landmark Boeing deal
The White House revealed on Wednesday that it has secured at least $1.2 trillion in economic commitments from Qatar, which includes a landmark deal with Boeing. During President Donald Trump’s visit to Qatar—his second stop in the Middle East—the White House announced that an agreement has been signed to facilitate at least $1.2 trillion in […]
Trump Gains $600B Investment From Saudi Arabia, Enhancing Economic Relations: ‘New Golden Era’
Trump Secures $600 Billion Investment from Saudi Arabia On May 13, 2025, President Donald Trump announced a significant $600 billion investment deal during his visit to Saudi Arabia. This agreement aims to enhance the partnership between the two nations, particularly in energy security, defense, technology, and key minerals. “Today, in Saudi Arabia, President Donald J. […]
Warren Buffett’s straightforward perspective on economic inconsistencies
During the recent annual meeting of Berkshire Hathaway, 94-year-old Warren Buffett made a statement that many might interpret as a sign of rebellion. He pointedly declared: Taxes are ultimately paid by Americans, not foreigners. In today’s charged political environment, Buffett’s straightforward take on fundamental economics might appear almost radical. The reaction to such frankness has […]
Donald Trump arrives in Saudi Arabia to start Gulf trip aimed at securing economic agreements.
Riyadh’s cards for a 4-day Gulf Tour US President Donald Trump has landed in Saudi Arabia to kick off a four-day trek across the Gulf region. His focus appears to be on economic agreements, while security issues like the Gaza conflict and concerns surrounding Iran’s nuclear program linger in the background. Accompanying Trump are notable […]
Goldman Sachs cautions about economic consequences from weakening central bank independence
Goldman Sachs Report Warns Against Undermining Central Bank Independence A recent report from economists at Goldman Sachs delves into the perils of jeopardizing central bank independence in an effort to keep monetary policy insulated from political pressures. It suggests that such moves could trigger elevated inflation, weakening stock prices, and a dip in currency value. […]