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World news
fromFortune
2 days ago

Global markets tumble as Beijing imposes new ban on U.S. shipping and Bessent vows China 'will be hurt the most' if it doesn't surrender | Fortune

Global stock markets fell after China banned certain U.S. shipping firms and U.S. Treasury Secretary Scott Bessent warned China would be hurt the most.
World news
fromwww.theguardian.com
2 days ago

US treasury secretary accuses Beijing of trying to damage global economy, as US and China roll out tit-for-tat port fees business live

China's rare-earth export controls prompted US accusations of economic sabotage, rattling global markets and cryptocurrencies and threatening to overshadow IMF and World Bank meetings.
Business
fromwww.theguardian.com
6 days ago

The Guardian view on an AI bubble: capitalism still hasn't evolved to protect itself | Editorial

Unchecked AI-driven valuations concentrated in a few firms risk a sudden market crash and systemic damage, requiring institutional redesign and public backstops.
fromBitcoin Magazine
6 days ago

Bitcoin Price Sinks To $118,000 Amid New Trade Tensions

The bitcoin price dropped to the $118,000s range today after President Trump announced plans to raise tariffs on Chinese goods in response to China's export controls on rare earth metals. Bitcoin price is down roughly 2.3% in the past 24 hours and about 6% since reaching a record high above $126,000 just four days ago. This came after China imposed new limits on rare earth and related technology trade.
US politics
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