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.
Iran is considering a new framework for ship movement through the Strait of Hormuz, linking access to security coordination as regional tensions reshape global maritime routes.
Air Canada has announced it will suspend service on several routes to the United States due to soaring jet fuel costs.
Fresh tensions over a key oil route as Iran signals tighter control of Hormuz while Washington holds its blockade line, raising concerns for global energy flows.
Trump projects breakthrough in Iran talks with uranium removal plan, but Tehran pushes back hard, rejecting any agreement and questioning US claims amid rising regional tensions.
Shipping resumes through a key oil route, but military pressure, political messaging and ongoing negotiations signal that the crisis is paused, not resolved.
