China's exports have decelerated as the Iran war starts to affect global demand and supply chains, according to Gary Ng, a senior economist for Asia Pacific at French bank Natixis.
Stock markets, which have fully devolved into a circus animal responding to the one stimulus they know, bought the dip hard on the president's word. Even before this insane AI rally where stock markets are doing their best crypto impression, the concept of smart money in finance was not defined by the number-go-up traders on the floor of the New York Stock Exchange.
The E-3 Sentry, with its distinctive rotating radar dome, is a flying command center that allows American forces to see and coordinate the battlefield. In recent weeks, Iran destroyed one on a runway in Saudi Arabia and reportedly damaged another.
The United States' top nuclear arms official on Friday accused China of carrying out an undisclosed nuclear detonation in 2020, arguing that recent secretive underground tests by China and Russia have given Washington reason to conduct "parallel steps" as a decades-long moratorium on nuclear testing among major powers is unraveling.