NewsFeed

June 27, 2025

Haiti's TPS Holders Face Uncertain Future

The US Department of State has not changed its travel advisory for Haiti despite improved environmental conditions, recommending Americans avoid the country due to kidnapping, crime, civil unrest, and limited healthcare. Temporary Protected Status (TPS) for Haitians is set to expire on August 3, with Homeland Security Secretary Kristi Noem announcing that TPS holders will need to return home by September 2. Frantz Desir, a 36-year-old asylum seeker in the US since 2022, expresses concern over the impending termination of TPS, citing the impact it will have on his friends who rely on their daily work for income.

https://wsvn.com/news/us-world/trump-administration-ends-legal-protections-for-half-million-haitians-who-now-face-deportations/

June 27, 2025

Trump Announces New Trade Deal with China

The Chinese side hopes to strengthen consensus with the US, reducing misunderstandings and promoting cooperation in trade and economic relations. US President Donald Trump announced a new trade agreement with China on June 25.

https://www.fakti.bg/en/biznes/981933-us-exerts-maximum-pressure-for-new-trade-agreements

June 26, 2025

China's Li Seeks Cooperation Amid Economic Challenges

Chinese official Li emphasized the need for cooperation and mutual success in times of economic difficulties, contrasting with the "law of the jungle." He highlighted China's steady growth, aiming for a five percent increase this year, driven by domestic demand expansion and manufacturing. Beijing has implemented steps to boost spending, including interest rate cuts and homebuying incentives, but faces pressure from US tariffs affecting its vast manufacturing sector. Li defended a rules-based international trading system, echoing President Xi Jinping's call to resist protectionism. Other leaders, including Singapore's Wong and Vietnam's Pham Minh Chinh, expressed caution about abandoning economic integration, citing the importance of maintaining balance in foreign policy.

https://www.brecorder.com/news/40369607/china-warns-global-trade-tensions-intensifying

June 26, 2025

Chinese Firms Shift Factories to Beat Tariffs

Chinese companies should relocate their entire manufacturing ecosystems to secure supply chains against tariffs and trade restrictions as they expand abroad. Industry insiders, including Ben Simpfendorfer from consulting firm Oliver Wyman, advise that building factories in new markets is crucial for strengthening resilience. This approach will help Chinese firms navigate the uncertainty of global trade under US President Donald Trump's second term.

https://www.scmp.com/economy/china-economy/article/3315806/chinas-firms-must-integrate-succeed-abroad-executives-say-summer-davos?module=top_story&pgtype=section#comments

June 26, 2025

Kharon Launches Advisory Board for Public Sector Clients

Kharon has added an advisory board to support its clients in the public sector during times of change, with a focus on enhancing deployment of mission-critical capabilities. The company's technology and data science help identify sanctions and compliance risks for financial crimes, supply chain exposure, export controls, and investment risk.

https://www.prnewswire.com/news-releases/kharon-welcomes-new-strategic-advisory-board-members-to-support-growing-public-sector-initiatives-302491375.html

June 26, 2025

Li Keqiang Defends Free Trade Amid US Tensions

Chinese Premier Li Qiang emphasized the importance of safeguarding free trade amid growing tensions with the US, addressing concerns at the Summer Davos conference in Tianjin, China.

https://mainichi.jp/english/articles/20250626/p2g/00m/0in/005000c

June 26, 2025

Pakistan, China Strengthen Economic Ties Further

Pakistan and China have reaffirmed their commitment to strengthening their economic ties through enhanced collaboration in key sectors such as technology, infrastructure, and energy. The agreement aims to promote mutual strengths and create a robust bilateral trade framework, with the goal of increasing economic cooperation between the two nations.

https://www.brecorder.com/news/40369656/uk-trade-envoy-pms-rep-discuss-bilateral-economic-ties

June 26, 2025

Pakistan's Defence Minister to Skip India Talks in Qingdao

Pakistan's Defence Minister Khawaja Asif will attend the Shanghai Cooperation Organisation (SCO) meeting in Qingdao, China, but no bilateral engagement with his Indian counterpart Rajnath Singh is planned, according to a Foreign Office statement. The meeting, which began on Wednesday, brings together defence officials from Pakistan, India, China, and Russia, amidst speculation of a potential first direct interaction between the two South Asian neighbours since their recent military confrontation.

https://www.brecorder.com/news/40369663/fo-dismisses-speculation-about-asif-singhs-meeting-in-china

June 26, 2025

Pakistan, UAE Strengthen Bilateral Ties in Abu Dhabi

Pakistan and the United Arab Emirates (UAE) have signed agreements to strengthen bilateral ties, including a mutual exemption of entry visa requirements and a joint task force to promote investments. The 12th session of the Pakistan-UAE Joint Ministerial Commission was co-chaired by Senator Mohammad Ishaq Dar and Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi on June 24, 2025. The commission agreed on measures to enhance cooperation in various sectors such as trade, culture, investment, energy, and information technology. A protocol outlining procedural frameworks for follow-up actions was also signed, with both sides expressing satisfaction with the outcomes and agreeing to hold the next session in Pakistan at a mutually agreed date.

https://www.brecorder.com/news/40369687/mous-agreement-inked-at-pak-uae-jmc-in-abu-dhabi