person · 25 records
Scott Bessent

Donald Trump and Xi Jinping to meet in Washington
US President Donald Trump and Chinese President Xi Jinping are scheduled to hold a meeting in Washington to discuss trade, AI, and geopolitical issues.
Alibaba unveils AI chip to drive global data centre buildout
Alibaba has introduced the Zhenwu V900 AI accelerator chip as part of a significant long-term investment in data centre infrastructure.

Trump to host Xi Jinping at White House
US President Donald Trump will host Chinese President Xi Jinping for a state dinner in Washington on September 24.

Senior PTI Leader Abducted in Pakistan Amidst Global Bans on Iranian Airlines
A provincial minister from the Pakistan Tehreek-e-Insaf party has been abducted in Peshawar, Pakistan, while multiple countries have banned Iranian airlines following US sanctions.
US to block Iranian flights globally through new sanctions
The United States plans to implement new sanctions restricting Iranian airlines from global operations starting Wednesday.

US announces global restrictions on Iranian airlines from September 23
The United States announced global restrictions on Iranian airlines beginning September 23, while Iran threatened retaliatory attacks against American bases in West Asia.

US threatens Iran airlines with shutdown as conflict continues
The United States is threatening secondary sanctions on Iranian airlines while regional tensions escalate with Houthi military advances and maritime incidents in Middle Eastern waterways.
US Targets Iranian Airlines With New Sanctions Ahead Of September Deadline
The United States is implementing sanctions that restrict global services for Iranian airlines.
US-China talks cover trade, technology, and geopolitics ahead of summit
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are meeting in New York to negotiate trade, technology, and geopolitical issues ahead of a summit between Donald Trump and Xi Jinping.

US proposes AI incident alert system in talks with China
The United States and China are negotiating an AI incident reporting system and a new trade council ahead of a meeting between their leaders.

Trump and Zelenskyy set to meet in New York
Volodymyr Zelenskyy and Donald Trump plan to meet in New York following a phone conversation regarding the ongoing conflict.

Bank of Japan increases benchmark interest rate to 31-year high
The Bank of Japan raised its benchmark interest rate by 0.25 percentage points to 1.25%, marking a 31-year high.
US Sanctions Four Indian Firms for Importing Iranian Petroleum
The United States has sanctioned four India-based companies and three individuals for importing petroleum and petrochemical products from Iran.

U.S. Disrupts Xinbi Guarantee Scam Marketplace, Freezes $52.8 Million in Crypto
The U.S. Department of Justice and Treasury have taken coordinated action against the Xinbi Guarantee marketplace, resulting in the freezing of $52.8 million in cryptocurrency and the dismantling of 13 scam compounds in Madagascar.

US military attacks three Iranian oil tankers following naval warship strikes
The US military attacked three Iranian oil tankers in retaliation for missile strikes on its naval warships.
US Treasury yields: Why structural supply and demand pressures could keep rates high
Structural supply and demand imbalances, alongside fiscal concerns, are expected to keep U.S. Treasury yields high.

Trump Administration targets racial discrimination in private schools; proposes ending tax-exempt status for violators
The Trump administration has proposed regulations to revoke federal tax-exempt status for private schools that engage in racial discrimination.

United States Mint releases commemorative one dollar coin featuring Donald Trump
The United States Mint has issued a commemorative one-dollar coin featuring the face of President Donald Trump for the nation's 250th anniversary.
US dollar declines against Japanese yen following coordinated market intervention
US President Donald Trump and Japan's Finance Minister confirmed coordinated market intervention that caused the US dollar to drop sharply against the Japanese yen.

Donald Trump rules out immediate negotiations with Iran
President Donald Trump ruled out immediate negotiations with Iran, stating the US will not engage until Tehran is ready for meaningful discussions, as military conflict escalates across the Middle East.

US Mint releases gold coin featuring Donald Trump for anniversary
The US Mint has released a gold-toned $1 coin featuring current President Donald Trump's image to commemorate the 250th anniversary of the United States, sparking legal debate over whether featuring a sitting president on currency violates traditions and existing laws.

Global bond yields rise amid geopolitical tension and rising government debt
Global bond markets face pressure from US-Iran conflict, rising government debt, and AI infrastructure spending.
US officials prioritize economic sanctions over military action against Iran
US officials assert economic sanctions outweigh military strikes as leverage against Iran, while analysts dispute the strategy's effectiveness amid ongoing negotiations and economic strain.
US officials accuse Moonshot AI of stealing Anthropic technology
US government officials have accused Chinese AI startup Moonshot AI of stealing Anthropic's technology to build the Kimi K3 model and accessing restricted Nvidia GB300 chips.

Pakistan requests ten billion dollars in financial assistance from United States
Pakistan's government, led by Prime Minister Shehbaz Sharif, has requested $10 billion in financial assistance from the United States amid ongoing economic challenges.