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.
As US-Iran negotiations advance, Trump signals Pakistan as a potential venue and cautions that the absence of a deal could see hostilities resume.
India highlighted risks to energy supply and global trade at the UN as attacks on shipping in the Strait of Hormuz intensify, stressing diplomacy, safety of navigation, and protection of civilians.
Ceasefire in Lebanon was one of Iran's key conditions for holding talks with the US to end the war.
Hegseth warned that if Iran failed to choose wisely, it will have both - a blockade and US bombs dropping at its critical infrastructure.
According to the Israel Defence Forces (IDF), dozens of weapons, including RPGs, Kalashnikov rifles, ammunition, grenades, an anti-aircraft missile, surveillance equipment and combat equipment were recovered from the sites.
