The Reserve Bank of Australia cut its cash rate by 25 basis points to 3.6% on Tuesday, its third cut this year, with Governor Michele Bullock signaling further easing may be needed. China’s factory-gate prices fell 3.6% year on year in July while consumer prices were flat, underscoring deflationary pressures. U.S. markets were about 90%…
Read more
On Aug 7, 2025, Dow Jones fell 0.5%, the S&P 500 fell 0.1%, the Nasdaq rose 0.3% to a record high, as Eli Lilly dropped 14% on weak weight-loss drug data. On Aug 7, 2025, the United States imposed about 100% tariffs on imported chips and electronics, with carve-outs for companies that manufacture in the…
Read more
On July 23, 2025, President Donald Trump announced a trade deal with Japan that cut auto import tariffs to 15% from 25% and includes a $500 billion Japanese investment package. U.S. stocks surged to intraday records as the S&P 500 reached about 6,353, the Dow hit 44,958, the Nasdaq rose 0.5%, and the VIX fell…
Read more
Countries and Companies Supplying Drones to Ukraine Types and Models of Drones Used by Ukraine (by Function) Ukraine employs a vast array of drones, both military-grade and civilian, serving different functions on and off the battlefield. Below are the major categories of drone types and notable models in each category: Ukrainian Drone Manufacturers and Domestic…
Read more
