_{WORLD NEWS}

China Declares Readiness for 'Any Type of War' Against the U.S.

China has warned the U.S. that it is prepared for “any type of war” in response to President Trump’s escalating trade tariffs. As both nations impose new tariffs on each other, China’s embassy in Washington issued a strong statement emphasizing its readiness to fight.

Meanwhile, Beijing is increasing its defense spending by 7.2%, reinforcing its military preparedness while projecting stability to its citizens and potential global partners. Chinese leaders seek to counter U.S. accusations, including those related to fentanyl, while navigating economic challenges like low consumption and a property crisis.

Despite hopes for improved U.S.-China relations, tensions remain high, with Beijing portraying the U.S. as aggressive and embroiled in conflicts. While China’s military budget is substantial, analysts suspect it underreports actual defense spending. Read More.

_{ECONOMIC NEWS}

Trump Signals Preference for Weaker Dollar in Recent Speech

The key takeaway from Donald Trump’s recent speech to Congress is his apparent support for a weaker U.S. dollar. Unlike during his first presidency, Trump did not mention a strong-dollar policy, signaling a shift in approach. His economic agenda, which includes tariffs to protect U.S. manufacturing, aligns with the need for a weaker dollar to ensure imports remain expensive and domestic production benefits.

The U.S. dollar has been historically strong, but Trump’s policies—rooted in economic nationalism—could push it lower. Investors are already responding by shifting funds into foreign currencies like the yen, Swiss franc, and emerging markets, as well as safe-haven assets like gold and silver, which have surged. While some argue these moves may be temporary, the market trends suggest Trump’s policies could mark the beginning of a broader shift in global currency dynamics. Read More.