Trump

Inflation Cools More Than Expected, Offering Encouraging Economic Signs

U.S. inflation cooled more than expected in November, delivering encouraging news for American consumers and reinforcing confidence in financial markets. A delayed Labor Department report showed the Consumer Price Index rose 2.7% from a year earlier—down from 3% in September and below economists’ 3.1% forecast—while core inflation, which excludes volatile food and energy prices, also came in lower than anticipated at 2.6%, signaling continued progress in easing price pressures.

Putin Boasts ‘Huge Success’ in Poseidon Nuclear Drone Test as Trump Warns: “End the War, Not Test Missiles”

Russian President Vladimir Putin declared a “tremendous success” in testing the Poseidon nuclear-powered underwater drone, hailing it as a revolutionary leap in Russia’s strategic weapons program. The test marks the first full launch from a submarine with its onboard nuclear reactor activated — a step Putin said no other nation has achieved.

US, Australia Sign $8.5 Billion Rare Earth Deal To Counter China

U.S. President Donald J. Trump and Australian Prime Minister Anthony Albanese have confirmed the signing of an $8.5 billion agreement to strengthen cooperation on rare earths and other critical minerals, aiming to reduce global dependence on China’s supply chain dominance.

EU Criticizes Hungary For Hosting Putin-Trump Summit

The European Union’s foreign-policy chief has voiced disapproval of Hungary’s decision to host Russian President Vladimir Putin despite his international arrest warrant for alleged war crimes in Ukraine.

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