China’s economy grows 5.2% in second quarter

AL-Monitor is a prestigious media outlet recognized for its independent and diverse coverage of the Middle East, providing in-depth analysis. It is widely read by high-level decision-makers, media professionals, and academics in the US, internationally, and across the Middle East. Want More Context? 🔎

According to a letter posted on Truth Social, President Donald Trump announced his intention to remove Federal Reserve Governor Lisa Cook, accusing her of alleged mortgage fraud. This announcement has sparked discussions on financial governance and political influence within the Federal Reserve. Want More Context? 🔎

US President Donald Trump asserted that the U.S. has significant leverage over China in the ongoing trade dispute, claiming he could "destroy" the Chinese economy if he chose to use it. Amidst escalating tariffs and a recent agreement to extend a trade truce, Trump hinted at imposing 200% tariffs on rare earths and mentioned a potential trip to China following discussions with President Xi Jinping. Want More Context? 🔎

Film and television producer John Barnett has passed away at the age of 80. He served as managing director of South Pacific Pictures from 1992 to 2015, where he was recognized for championing Kiwi stories and significantly impacting the New Zealand film and television industry. Want More Context? 🔎

In White House meeting with Lee, Trump also says US should have ownership of land housing US military base in South Korea.During a White House meeting, President Trump and South Korean President Lee Jae-myung expressed interest in engaging with North Korea’s Kim Jong Un, with Lee suggesting a potential meeting and even a Trump Tower in North Korea. Trump also proposed US ownership of land for military bases in South Korea, while commenting on recent...

President Donald Trump has removed Federal Reserve Governor Lisa Cook effective immediately, citing a "criminal referral" from FHFA Director William Pulte alleging mortgage fraud. Cook, the first Black woman on the Fed board, plans to address the allegations seriously, while Trump aims to influence the central bank amid ongoing criticism of its policies. Want More Context? 🔎