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NOW - Trump: "China has agreed to open up to the United States for trade and everything else." #TRUMP #ChinaEconomy
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BREAKING: Trump Signs Strategic Economic Partnership with Saudi Arabia On May 13, 2025, U.S. President Donald Trump signed a landmark “Strategic Economic Partnership” agreement with Saudi Crown Prince Mohammed bin Salman during a high-profile ceremony in Riyadh. The deal aims to strengthen bilateral cooperation across key sectors including energy, defense, mining, space, and healthcare. The agreement includes a pledge from Saudi Arabia to invest $600 billion into the U.S. economy, with Trump proposing an ambitious goal of reaching $1 trillion in Saudi investments. The deal is also expected to enhance defense cooperation and secure critical mineral supply chains. High-profile tech figures such as Elon Musk and Sam Altman were present at the signing, participating in the Saudi-American Investment Forum held alongside the event. Trump called the agreement “historic and transformational,” positioning it as a central piece of his “America First” economic agenda. However, controversy has emerged over reports that Trump may accept a $400 million private jet from Qatar’s royal family, sparking concerns about potential violations of the U.S. Constitution’s Emoluments Clause. The agreement marks a significant moment in U.S.-Middle East relations and signals deepening strategic ties between Washington and Riyadh.
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Attempted Kidnapping of Crypto Tycoon’s Family Foiled in Paris. In a dramatic incident on Tuesday morning, two individuals closely connected to the cryptocurrency industry were the targets of an attempted kidnapping in the heart of Paris. The attack occurred on Rue Pache in the 11th Arrondissement, where three masked men tried to abduct the daughter and two-year-old grandchild of a prominent crypto entrepreneur. According to *Valeurs Actuelles* and *The Times*, the kidnapping was thwarted when the child’s father intervened, forcing the assailants to flee in a van, which was later found abandoned. Authorities believe this was a targeted attack, part of a disturbing trend of criminals preying on wealthy figures in the crypto space. This marks the third kidnapping attempt in France this year involving individuals from the crypto sector. In January, Ledger co-founder David Balland and his partner were abducted and tortured for ransom. Earlier this month, another crypto figure’s father was also kidnapped and later rescued by police in a high-risk operation. French authorities are treating the incidents as serious threats linked to the increasing wealth and visibility of crypto entrepreneurs. Interior Minister Bruno Retailleau has praised law enforcement for their swift and effective response. As investigations continue, the crypto community is being urged to heighten personal security amid rising risks.
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JUST IN - Netanyahu says Israeli military will enter Gaza with "full force" in the coming days to "destroy Hamas" and there "will be no situation where we stop the war."
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US Inflation Falls to 2.3% — What It Means for Crypto In a surprising turn, U.S. inflation dropped to 2.3% in April 2025, coming in lower than the expected 2.4%. This marks the lowest inflation rate since early 2021 and reinforces hopes that the Federal Reserve may soon ease interest rates. Lower inflation typically means less pressure on the Fed to keep rates high — a scenario that’s historically positive for risk assets like cryptocurrencies. However, the crypto market’s initial response was mixed. Bitcoin briefly dipped below \$102,400, and Ethereum also saw a slight decline. This suggests traders may be taking profits or remaining cautious due to broader economic uncertainties, including geopolitical tensions and recent U.S. tariffs. Still, a sustained downtrend in inflation could reignite bullish momentum in the coming weeks. If the Fed signals rate cuts ahead, Bitcoin and altcoins may see a significant lift, especially as institutional interest in crypto continues to grow. In short: inflation is cooling, and that’s good news for crypto — but the market is waiting for stronger confirmation before breaking out.
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