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.
International Monetary Fund (IMF) chief Kristalina Georgieva on Thursday said India's growth rate is more than two times higher than the average global growth.
“Just as the United States suffered a historic defeat in trying to open the Strait of Hormuz, it is also doomed to fail in the naval blockade,” Mohsen Rezaei said in a televised address, reported Iranian state media.
US signals cautious diplomatic reset as Israel and Lebanon prepare for talks after decades, with Washington focusing on trust-building measures instead of pushing an immediate ceasefire.
Washington moves to end temporary oil transaction relief and targets Iran-linked networks, signalling a sharper economic push as tensions in West Asia continue to impact global energy flows.
A sharp public clash between Donald Trump and Pope Leo XIV over Iran and war has exposed growing tensions between political power and religious calls for peace.
