The Education Department will resume interest charges on federal student loans for 7.7 million borrowers in Biden's SAVE plan, ending a year-long forbearance due to court rulings. Critics call it a back-door way to push borrowers out sooner. read more

President also says he will impose levies of up to 200% on drug imports after a transition period

New Zealand bans crypto ATMs and sets a $5,000 cap on overseas cash transfers in a major step to combat money laundering and financial crime.

EU is getting ready for all scenarios Both sides look to be working towards a temporary "framework" agreement as outlined here. However, there might be a sticking point on agrifood so we'll have to see. The EU has maintained that they will fight back if need be but for now, a temporary "deal" will at…

EU need to readjust its attitude, not China Hopes EU can uphold more positive, practical policy towards China Hopes for positive bilateral economic and trade relations EU's public procurement market is far from being fair and open as they claim it to be In case you're wondering what this is related to: China restricts government…

Eurostoxx +0.3% Germany DAX +0.3% France CAC 40 +0.3% UK FTSE +0.3% Spain IBEX +0.6% Italy FTSE MIB +0.3% The latest report here on a EU-US deal is helping with the mood, as the EU will be slapped with lower tariffs as both sides continue to negotiate. The deadline though looks set to go past…

Tesla saw a sharp drop in Chinese sales for the week of June 30 to July 6, 2025. Despite this sales were up 38% compared to last quarter. read more

Metaplanet aims to leverage its growing Bitcoin treasury to acquire cash-generating businesses, with a digital bank in Japan among its possible targets.

Trump's $5M gold card visa plan for ultra-wealthy faces legal and political hurdles, with no bill introduced and Congress showing no interest. read more

There are no winners in tariffs war The use of tariffs serves no one China firmly opposes tariffs being used as a tool to coerce others For now, Trump's fury is mostly directed at other countries but let's not forget that it was solely on China for over two months not too long ago. As…