China: 100 million consumers struggling with debt repayments
The household debt in China has almost tripled over the past decade and reached around 83 trillion yuan.
The household debt in China has almost tripled over the past decade and reached around 83 trillion yuan.
The reported US-Iran memorandum lays out a roadmap covering military de-escalation, Hormuz shipping, sanctions relief, oil exports, frozen assets and Tehran's nuclear programme.
Trump also heaped a praise at PM Modi, calling him a tough negotiator and the “most beautiful-looking man.
Prime Minister Narendra Modi and United States President Donald Trump held a crucial bilateral meeting on the sidelines of the 52nd G7 Summit in Évian-les-Bains, France, on Wednesday, marking their first face-to-face interaction in 16 months amid a backdrop of geopolitical tensions, trade negotiations and evolving strategic challenges.
During the talks, the two leaders discussed trade, the Russia-Ukraine war, West Asia crisis, maritime security and the broader India-US partnership.
U.S. President Donald Trump said Saturday that Iran “can’t blackmail us” even as Washington is holding talks with Tehran, signalling a mix of pressure and diplomacy amid rising tensions.
According to United Kingdom Maritime Trade Operations (UKMTO), IRGC gunboats fired upon two vessels attempting to sail through the Strait of Hormuz.
Iran signals a reversal on Hormuz access, linking stricter control to US actions, raising concerns over maritime movement and energy supply routes in a volatile region.
Multiple power centres engage in parallel diplomacy as conflict-hit West Asia sees fragile ceasefire, renewed talks, sanctions pressure and strong public mobilisation across the region.
The US Treasury Department said the new licence permits transactions involving Russian crude and petroleum products that were loaded onto vessels on or before April 17. The authorisation will remain in effect until May 16, replacing an earlier 30-day waiver that expired on April 11.
