Gold Overtakes Euro

Gold Overtakes Euro

In June 2025, the European Central Bank (ECB) reported that gold surpassed the euro to become the second-largest global reserve asset by market value, trailing only the US dollar. Gold accounted for about 20% of global official reserves at the end of 2024, overtaking the euro’s 16%. This shift was driven by a 30% surge […]

China Warns G7 Against “Cold War Mentality,” Accuses Bloc of Global Division

China Warns G7 Against “Cold War Mentality,” Accuses Bloc of Global Division

Beijing urges multilateralism ahead of summit, rejects criticism on trade and global influence. Beijing, June 16, 2025 — China has issued a sharp rebuke to the Group of Seven (G7) nations ahead of next week’s summit in Canada, warning the bloc against what it calls a “Cold War mentality” and accusing it of provoking global […]

Putin and Xi Strengthen Strategic Alliance as Tensions with the West Rise

Putin and Xi Strengthen Strategic Alliance as Tensions with the West Rise

In a historic state visit to Moscow, Chinese President Xi Jinping and Russian President Vladimir Putin signed a landmark agreement to deepen bilateral ties in the face of mounting tensions with Western powers. The four-day visit coincided with Russia’s Victory Day celebrations and emphasized growing cooperation in trade, energy, and military sectors. Russian President Vladimir […]

U.S. Defense Secretary Pete Hegseth Welcomes Israeli Prime Minister Benjamin Netanyahu to Pentagon

U.S. Defense Secretary Pete Hegseth Welcomes Israeli Prime Minister Benjamin Netanyahu to Pentagon

U.S. Secretary of Defense Pete Hegseth welcomed Israeli Prime Minister Benjamin Netanyahu to the Pentagon on Thursday, marking a significant moment in the continued strengthening of U.S.-Israel defense relations. The visit comes at a time of heightened geopolitical tensions in the Middle East, with ongoing discussions around security cooperation and regional stability taking center stage. […]

World Leaders Extend Warm Congratulations to Donald Trump on His Inauguration as U.S. President

World Leaders Extend Warm Congratulations to Donald Trump on His Inauguration as U.S. President

Following Donald J. Trump’s swearing-in as the 47th President of the United States, world leaders from across the globe have extended their congratulations, signaling optimism for continued cooperation and strengthening bilateral relationships under his leadership. In a moment that marks a significant turning point in U.S. politics, Trump’s return to the White House has drawn […]

NATO Chief Mark Rutte Calls on MEPs to Increase Defense Spending Amid Rising Global Threats

NATO Chief Mark Rutte Calls on MEPs to Increase Defense Spending Amid Rising Global Threats

In a pivotal speech at the European Parliament on Monday, NATO Secretary General Mark Rutte urged European lawmakers to prioritize defense spending in response to growing global security threats. Speaking for the first time since his appointment in October 2024, Rutte emphasized the increasing vulnerabilities of the European Union, which he said is facing destabilizing […]