Taiwan June 2025 export orders beat forecast
Summary Taiwan’s export orders in June 2025 beat expectations. Strong demand supports Taiwan’s export sector growth. Tariff uncertainty remains a major concern for businesses. Unstable tariffs risk disrupting future trade and planning. Taiwan shows…
Student loan forgiveness delayed by White House
Summary The U.S Education Department has suspended student loan forgiveness under the Income-Based Repayment (IBR) plan with no timeline for resumption. IBR is the only income-driven plan still processing forgiveness; about 2 million borrowers are…
Appeals court backs AP ban over gulf disagreement
Summary The appeals court upheld the Trump administration’s restrictions on AP White House access. Restrictions limit AP to specific locations like Oval Office and Air Force One. AP sued after refusing to use Trump’s preferred name, “Gulf of…
GOP panel backs renaming Kennedy center for Melania Trump
Summary House Republicans and the Trump administration jointly supported renaming the Kennedy Center opera house after Melania Trump. The decision was made by a key congressional panel on July 22, 2025. The proposal is seen as honoring the First Lady’s…
Jerome Powell resign: Alina Habba ousted in NJ
Summary Federal judges rejected Alina Habba to remain New Jersey’s permanent U.S. attorney after an interim term. Judges appointed Desiree Leigh Grace, Habba’s first assistant, as replacement. Habba, a former Trump personal lawyer, faced Senate…
US Congress shutdown looms as GOP dodges Epstein vote
Summary House Republicans canceled Thursday votes and ended the session early to avoid Epstein files vote. Rep. Thomas Massie, backed by Democrats, pushed to release Jeffrey Epstein investigation documents. Speaker Mike Johnson criticized Massie, citing…
Republicans celebrate new law as Senate moves second bill
Summary The House approved the GENIUS Act, establishing the first federal stablecoin regulatory framework. President Trump signed the GENIUS Act on July 18, 2025. The Act mandates 1:1 reserve backing and monthly audited disclosures for stablecoins.…
WV’s Capito readies Senate campaign with $3M fundraising
Summary Incumbent Sen. Shelley Moore Capito raised over $700K in Q2 2025, with $3.4M cash on hand. State Senator Tom Willis challenges Capito, loaned $100K but raised no funds yet. Alex Gaaserud is another GOP challenger but has no reported fundraising.…
South African rand steady amid inflation focus
Summary The South African rand remained largely unchanged this week amid investor caution. Inflation data and Central Bank monetary policy decisions dominated market attention. Concerns over global economic growth and commodity prices influenced investor…
GOP megabill adds $3.4T deficit & cuts 10M from health care
Summary Trump’s July 4 megabill will add $3.4 trillion to the federal deficit over 10 years according to Congress’ nonpartisan scorekeeper. The bill cuts over $1 trillion in federal health spending, mostly from Medicaid. It causes an estimated 10…
