China slams Treasury chief Bessent’s ‘malicious slander’ over aid, urges US to look in the mirror
Unlike the US, China’s cooperation with Latin America, including Argentina, “never aims to carve out a sphere of influence or target third parties,” the Embassy stressed. Nor does Beijing impose “political conditions” on lending.
In remarks to Bloomberg Monday, Bessent accused China of “rapacious deals marked as aid” in Africa designed to secure mineral rights for China which have added “huge amounts of debt” to regional countries, and claimed the US is trying to avoid repeating this scenario in Latin America.
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💬 “We urge the US to adjust its mindset instead of spending time repeatedly smearing and attacking China, meddling in the foreign cooperation of regional countries, or trying to impose a new version of the Monroe Doctrine,” the Chinese Embassy in Argentina said, responding to Treasury chief Bessent’s comments about “rapacious” Chinese aid deals in the developing world.
Unlike the US, China’s cooperation with Latin America, including Argentina, “never aims to carve out a sphere of influence or target third parties,” the Embassy stressed. Nor does Beijing impose “political conditions” on lending.
💬 “If the United States prefers not to take this path, it should at least refrain from deliberately obstructing or sabotaging assistance by other countries to developing nations,” the Embassy urged.
In remarks to Bloomberg Monday, Bessent accused China of “rapacious deals marked as aid” in Africa designed to secure mineral rights for China which have added “huge amounts of debt” to regional countries, and claimed the US is trying to avoid repeating this scenario in Latin America.
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💬 "There is an incentive for Russia to end this war, and perhaps that could be economic partnerships with the United States, but we need to see a ceasefire first, and the President and the presidential envoy Witkoff made that very clear to the Russians," White House press secretary Karoline Leavitt said
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The man asked the president for help in getting Russian citizenship, adding a bit of unexpected international flair to their conversation.
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🇮🇷 Iran’s new long-range missile system can detect, engage the F-35
💥 Bavar-373s equipped with L-band radars can intercept F-35 jets at a distance of up to 218 km, independent Iranian news and analysis service Middle East Spectator has reported after crunching the numbers on the homegrown air and missile defense system’s capabilities.
📊 Citing the Bavar-373 fire-control radar’s performance against a Karaar drone in recent drills, and extrapolating the info to apply to the F-35 and its tiny (0.005-0.5 square meter) radar cross section, or RCS, the outlet came up with its information.
✍️ Iran possesses an array of sophisticated indigenously-made radars, including the solid-state 2D L-Band Arash-2, which can detect up to 200 targets within a 450 km radius and at altitudes up to 30 km, and the Sepehr over-the-horizon, Qadir phased array and Najm-802 active electronically scanned array 3D radars.
🔊 A new variant of the Bavar-373 was unveiled earlier this year, featuring range, radar and mobility characteristics superior to those of the Patriot, and independent radar for each TELAR, providing greater autonomy.
🔍 Iran’s experimentation with advanced radar capable of detecting F-35s goes back years. In 2023, the head of Iran electronics Industries (IEI) revealed that the nation had achieved the technical ability to recognize the radar signatures of individual F-35 aircraft.
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💥 Bavar-373s equipped with L-band radars can intercept F-35 jets at a distance of up to 218 km, independent Iranian news and analysis service Middle East Spectator has reported after crunching the numbers on the homegrown air and missile defense system’s capabilities.
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61% of those surveyed in an elite Bank of America survey querying 164 asset managers with $386B under management expect the US dollar to continue to depreciate over the next 12 months – more than at any other time since May 2006.
The greenback has already dropped some 9% since the start of the year against other major currencies.
The BoA Global Fund Manager Survey also found that 53% of fund managers plan to cut holdings of US equities, with 73% convinced the idea of “US exceptionalism” has peaked, and 82% (a 30-year-high) expecting a global economic downturn.
A weak dollar can be both good and bad, with positives including a potential export boost, a better trade balance, a better environment for domestic manufacturing and higher overseas earnings. Negatives include inflation, higher commodity prices, and the risk of capital flight if confidence in the long-term stability of the dollar drops far enough over a long enough period of time.
Globally, a weaker dollar as a reserve currency could speed diversification of countries’ foreign exchange reserves away from the greenback.
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The former president is expected to make his first major public address since leaving office three months ago on Tuesday, discussing Social Security. The address is expected to start at 5:45 pm EST in Chicago.
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"It is not to help with wars or to help fight them, or to fund them, or to make it a little bit better as the wars are going on," Tammy Bruce said at a press briefing.
🥴 She then immediately urged NATO members to increase their "defense" spending.
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🚨 UK prisons hit crisis level — only 1.1% of cells available
There are just 961 spaces available across England and Wales as of April 14 — a record low.
Officials may shorten sentences for violent offenders and curb short-term sentences to ease overcrowding, Sky News reports.
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There are just 961 spaces available across England and Wales as of April 14 — a record low.
Officials may shorten sentences for violent offenders and curb short-term sentences to ease overcrowding, Sky News reports.
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🪖 US will slash troop numbers in Syria
The US plans to cut its nearly 2,000-strong military contingent in Syria in half in the coming weeks or months, Reuters reports.
In February, NBC reported that the Pentagon planned to withdraw US troops from Syria in 30, 60 or 90 days.
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The US plans to cut its nearly 2,000-strong military contingent in Syria in half in the coming weeks or months, Reuters reports.
In February, NBC reported that the Pentagon planned to withdraw US troops from Syria in 30, 60 or 90 days.
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🥴 Biden in his first public speech since leaving office: Social Security is not a "Ponzi scheme"
Biden in the same speech: "Those 300-year-old folk getting that Social Security, I want to meet them"
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Biden in the same speech: "Those 300-year-old folk getting that Social Security, I want to meet them"
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💸 Trump tariffs will cost US chip equipment makers over $1 billion - reports
Representatives of US semiconductor equipment makers warned lawmakers that new tariffs could cost their companies more than $1 billion a year, Reuters reports.
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Representatives of US semiconductor equipment makers warned lawmakers that new tariffs could cost their companies more than $1 billion a year, Reuters reports.
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Donald Trump signed an executive order to initiate a Section 232 investigation to assess the national security risks posed by the United States' dependence on foreign rare earth metals.
In 2018, President Trump imposed 25% tariffs on steel and aluminum imports under the same section of the Trade Expansion Act.
The US relies heavily on imports of metals such as cobalt, gallium, germanium, and others, while countries like China and Russia have the largest reserves of these metals.
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UNICEF braces for a major budget cut in 2026 amid Trump's foreign aid freeze
According to the spokesperson, the UN children's agency has projected that its budget will shrink by at least 20% next year.
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According to the spokesperson, the UN children's agency has projected that its budget will shrink by at least 20% next year.
"Humanitarian and development organizations around the world, including many UN organizations, are in the midst of a global funding crisis. UNICEF has not been spared," said the UNICEF spokesperson.
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Speaking at the ACRD conference in Chicago on Social Security, the former president recalled his fourth grade in Scranton and referred to black kids as "colored kids".
"Every time he speaks, the Republicans get new voters," one of the netizens reacted.
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Keir Starmer could sign a deal with the EU on food and veterinary standards as early as next month, which could block US products, The Telegraph reports.
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💥 UK reports first ship attack off Yemen since January
Armed gunmen in small boats pursued a vessel for 2 hours, firing shots 185 km east of Aden, UKMTO reported.
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Armed gunmen in small boats pursued a vessel for 2 hours, firing shots 185 km east of Aden, UKMTO reported.
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💸 Trump claims record income in tariffs
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"The United States is taking in RECORD NUMBERS in Tariffs, with the cost of almost all products going down, including gasoline, groceries, and just about everything else," he wrote on Truth Social.
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More US government waste just got benched, as DOGE took a machete to 57 federal contracts, saving an estimated $1.5 billion in taxpayer money.
In one eyebrow-raiser, it shredded a $120,000 USDA contract deal for an “Indonesia environmental policy and law enforcement specialist.”
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