June 8, 2025
Sydney 29

As oil prices fall can Gulf big spenders keep Trump pledges?

Representative image (AP) Almost every month, there’s another announcement about how various Gulf states will spend mind-blowing sums of money, hundreds of billions of dollars, if not trillions, in deals made with the new Trump administration in the US.In January, Saudi Arabia said it would broaden investments into, and trade with, the US to over […]

From ‘no inflation’ to ‘don’t be a Panican’, Trump defends tariffs on social media amid market turmoil

The “Wall Street mayhem” also led to a “Trump meltdown” on Monday after the US President justified “the tough days ahead” by reiterating his belief in the shock therapy through back-to-back social media posts.At 6:49 am on Monday, Trump took to his Truth Social and declared that there is “no inflation” in the US, despite […]