China

Donald Trump has fired a number of officials and sent others on administrative leave, sharply reducing the White House National Security Council. The reduction occurred after the dismissal of the national security advisor.

German Chancellor Friedrich Merz had a telephone conversation with Chinese President Xi Jinping, calling on China to join efforts to cease fire in the Russian-Ukrainian war.

Due to Western sanctions in 2024, the Russian oil giant "Sovcomflot" suffered losses of $393 million. The company's revenues almost halved.

Donald Trump said that Apple must manufacture iPhones in the USA, otherwise the company will pay a 25% duty. Apple is expanding production in India, reducing dependence on China.

The Trump administration is considering withdrawing thousands of troops from South Korea. The Pentagon is developing a plan to move about 4,500 troops to other locations.

Emmanuel Macron reported on a telephone conversation with Xi Jinping, where they discussed the war in Ukraine and economic relations. Both leaders strive for a lasting peace and will cooperate to achieve it.

In the first three months of 2024, Ukraine imported 20,100 electric vehicles worth $355. 5 million. The most new electric cars were delivered from China, and used ones from the USA.

Lindsey Graham warned China of possible consequences for supporting Russia. He stressed that the majority in the US Senate believes that Putin is avoiding negotiations.

The Chinese mission Tianwen-2 intends to deliver a sample of the asteroid Kamoʻoalewa to Earth. The mission will also make a six-year journey to comet 311P/Panstarrs.

In China, part of the Fengyang Drum Tower, built in 1375, collapsed. Fortunately, no one was injured, the tower was under reconstruction a year ago.

Ukraine proposes that the EU confiscate Russian assets and impose sanctions on oil buyers, as the US hesitates to increase pressure on the Russian Federation. Kyiv calls on the EU to take the lead in sanctions policy.

The organizers of Wimbledon-2025 have announced the list of participants, which includes five Ukrainians: Svitolina, Kostyuk, Yastremska, Kalinina and Starodubtseva. The tournament will be held from June 30 to July 13.

The EU is working on a new package of sanctions against the Russian Federation, but opportunities are limited due to the position of the US. Without their support, the sanctions may be ineffective, especially on energy resources.

Andriy Novak stated that there are no purely financial risks for the hryvnia. The exchange rate will be stable in the summer, strengthening is possible. Trump's customs policy will affect the dollar exchange rate.

In April, smartphone exports from China to the US fell by 72%, reaching a minimum since 2011. The reason is the customs policy of the US and the transfer of Apple's production to India.

Trump's proposals regarding trade with Russia are playing to his own interests. The inconsistency of the US and disregard for law could lead to a global war.

Oil prices have fallen due to negotiations between Russia and Ukraine, the US and Iran, as well as high demand in Asia. China's economic outlook also affects the price of oil.

Ross Gerber, a well-known Tesla investor, sold more than 26,000 shares of the company, citing problems with autopilot, falling sales and fierce competition. He does not believe in positive changes for Tesla.

Chinese Defense Minister will not attend the security forum in Singapore amid rumors of Xi Jinping's purges. US Secretary of Defense Pete Hegset will speak at the event.

During a geomagnetic storm, a strange white stripe was spotted over the US. It turned out to be a trace from the launch of the Chinese Zhuque-2E rocket, which put six satellites into orbit.

The tragedy occurred on May 16, when a group of tourists were seeking shelter from the storm. Among the dead are citizens of Cambodia, and several other people were injured.

The European Commission is lowering its growth estimates for the bloc in 2025 due to the consequences of Trump's tariffs. Uncertainty has reached the level of the beginning of the pandemic, and an escalation of tensions could reduce growth and revive inflation.

Xiaomi presents the YU7 electric SUV, a competitor to the Tesla Model Y, and the Xring O1 mobile chip. The company plans to invest $7 billion in chip development over 10 years.

In the first quarter of 2025, global car sales increased by 3. 1%, reaching 20.97 million. China leads with 5.98 million cars sold, increasing the figure by 4.5%.

Oil prices fell due to Moody's downgrade of the US rating and data on China's industrial slowdown. Negotiations between Iran and the US are also affecting prices.

The lack of cryptocurrency regulation increases risks, making the crypto environment emotional and volatile.

China has launched the first 12 satellites for an orbital supercomputer network. The satellites will be able to independently process data, collect and transmit information.

Donald Trump has stated his willingness to visit China for negotiations with Xi Jinping on important issues. He also emphasized the importance of keeping Arab countries out of Beijing's influence.

Gold prices fell 2% due to a temporary trade agreement between the US and China. The strengthening dollar also reduced investor demand for gold.

Donald Trump announced the establishment of customs rates for US trading partners within 2-3 weeks. He noted that his administration cannot negotiate with everyone at once.