Global Economy News
LAST UPDATE: July 30, 2025
Trump Says U.S.-China Talks ‘Went Very Well’
Former President Trump described recent trade negotiations with China as highly successful, though no new agreements were announced.
Insight
The comments suggest ongoing dialogue but highlight the continued uncertainty surrounding future U.S.–China trade relations.
China and US still key trade partners, commerce minister says
China’s commerce minister reaffirmed strong trade ties with the U.S. and emphasized a stable environment for foreign investment.
Insight
These remarks signal China’s strategic interest in preserving bilateral economic links amid broader geopolitical tensions.
UN holds emergency talks over sky-high costs for COP30 climate summit
The UN held emergency talks due to sharply rising accommodation costs for the COP30 summit in Belém, which may prevent low-income countries from attending.
Insight
The cost crisis underscores persistent equity challenges in global climate diplomacy, threatening inclusive participation in critical negotiations.
Tsunami waves reach Hawaii after huge quake rattles Russia’s Far East
A massive 8.8 magnitude earthquake in Russia’s Far East triggered tsunami waves that reached Hawaii, Japan, and other Pacific regions, prompting coastal evacuations.
Insight
The incident demonstrates the rapid and widespread impacts of seismic events across the Pacific, highlighting regional vulnerabilities.
