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Subscribe to enjoy similar stories.IT WAS A tale of two summits. Meeting in China for the first time since 2017, Donald Trump and Xi Jinping committed to stabilising relations and suggested that they had reached new agreements on trade and other areas.

Subscribe to enjoy similar stories.American courts are not supposed to be venues for performance art. If counter-parties in a lawsuit do not have adverse interests—say, because they answer to the same person—judges balk. So when Donald Trump sued his own administration seeking $10bn in damages, the judge had questions.

Subscribe to enjoy similar stories.Last week, US President Donald Trump’s historic two-day meeting with Chinese Premier Xi Jinping, the first in Beijing at this level since 2017, ended without a commercial breakthrough despite the presence of a high-powered technology delegation of 17 American CEOs, including Elon Musk of SpaceX and Jensen Huang of Nvidia. China did not respond to US overtures, including the potential sale of Nvidia’s cutting-edge H200 chips to Chinese entities that the Joe Biden administration had blocked and Trump administration reversed. US officials dismissed a lack of business progress as immaterial.

Subscribe to enjoy similar stories.There was a telling moment on the second day of Donald Trump’s visit to Beijing. America’s president was strolling with Xi Jinping through the gardens of Zhongnanhai, the Chinese leadership compound, on May 15th.

Subscribe to enjoy similar stories.Shortly before the 2024 election that would move him back into the White House, Donald Trump took a phone call on his plane from a secret supporter.Nicki Minaj was on the line, and she wanted Trump to know she was supporting his re-election, according to people familiar with the matter.Trump’s campaign managers, sensing an opportunity to score an endorsement from the rap world’s most popular female star, asked Minaj to take her support public. But Minaj—and her management team—said she needed to stay behind the scenes because taking a political stance posed a risk to her brand and businesses, some of these people said.Not anymore.Today, the 43-year-old best known for chart toppers like “Starships,” for leading an online army of mega-fans known as “Barbz” and for bringing a theatrical streak to contemporary hip hop has embraced a new status atop MAGA’s A-list.She has visited Trump in the Oval Office, spoken in support of administration priorities at the United Nations and encouraged her tens of millions of social-media followers to lobby their legislators on the White House’s behalf.

Subscribe to enjoy similar stories.US President Donald Trump’s description of his China visit as “very successful” and “unforgettable” may be as self-congratulatory as his claims of victory over Iran.Trump, in his own telling, had a successful stay in Beijing during a presidential visit that came after nearly a decade and at a crucial juncture in American diplomacy.Having painted himself into a corner by underestimating a sanctions-hit Iran, which now has the world economy in a chokehold through the Strait of Hormuz, he was clearly hoping to secure the Asian giant's help in ending the impasse, not just for favourable economic deals.He claimed to have concluded several trade deals, including an order for 200 Boeing jets that could rise to 750 if the aircraft maker performs well. China also agreed to purchase 400-450 engines from General Electric, he added.Except there were no mentions of these by his host, Chinese President Xi Jinping, whom Trump described as an “incredible guy” to Fox News reporters on 15 May while returning home.In fact, his 14 May meeting with Xi at the Great Hall of the People suggests he may have been told, politely, that he no longer holds all the cards.A Chinese readout said Xi noted that “transformation not seen in a century is accelerating across the globe, and the international situation is fluid and turbulent.

Subscribe to enjoy similar stories.In the decades since China joined the world economy, U.S. presidents have traveled to Beijing with a predictable list of demands: stop stealing American intellectual property, don’t force technology transfer, open your markets. Donald Trump followed the script on his previous visit in 2017.Whether he does so again this week, it would be pointless.

Subscribe to enjoy similar stories.Having DISCOVERED the costs of tariffs, President Donald Trump has now discovered the costs of war. On March 9th he declared that his campaign against Iran would be over “very soon”, sending oil prices, which had peaked at nearly $120 a barrel the day before, crashing to nearly $80 (before the war they had been $70).

Subscribe to enjoy similar stories.As Donald Trump and Xi Jinping engage in high-stakes talks in Beijing, the underlying context is that global imbalances are widening again, with the US and China at the centre. But the central economic problem between the world’s two big economies is being misdiagnosed.The US–China imbalance is not fundamentally a trade policy problem. It is a structural macroeconomic imbalance rooted in savings, investment, fiscal choices and the architecture of the international monetary system.

Subscribe to enjoy similar stories.President Donald Trump and Chinese leader Xi Jinping spent their first day of bilateral talks on Thursday showing an eagerness to manage the economic rivalry between their countries.Trump talked about the possibility of increased economic ties, and Xi held out the possibility of U.S. companies enjoying “even broader prospects in China.”Even the most glaring point of friction in the talks – a warning from Xi that differences over Taiwan could lead to conflict and jeopardize the relationship – could be an opportunity to dial down the tensions if the two economic powerhouses find ways to navigate their complicated relationship.“Trump and Xi are staking out their positions on geopolitical issues that are of particular importance to each of them, while signaling some openness to being more accommodative on other subjects like trade, technology, and market opening,” says Eswar Prasad, a Cornell economics professor and former head of the China division for the International Monetary Fund.China greeted Trump and a delegation of more than a dozen chief executives from U.S.

Subscribe to enjoy similar stories.Roast comedy works around a fascinatingly self-referential format. The roast is the roast because it claims to be the roast.It is a format I have always watched, from classic Dean Martin roasts to the inimitable Don Rickles putting his friends through the wringer, to its mostly middling current incarnation, because amid predictable and easy gags, occasionally someone rises to the top with outstanding material.

Subscribe to enjoy similar stories.Every month, Mint’s Plain Facts gives you an update on key global data to help you thread together the biggest developments worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it could have an impact on India.After months of steady cooling, consumer prices are rising once again as the escalating war in West Asia continues to disrupt energy markets and global supply chains.The inflationary shock is most severe in import-reliant Asian economies.

Subscribe to enjoy similar stories.Indian equities have spent the past year lurching from one shock to another. Just as investors adjust to one trigger, another upends sentiment—from tariff threats and geopolitical flare-ups to relentless foreign investor selling and slowing earnings growth.The latest blow has come from the war in West Asia, which has once again rattled markets already struggling to sustain momentum.

Subscribe to enjoy similar stories.The likes of Intel and Micron Technology have powered the market higher in recent weeks but escalating geopolitical worries could scuttle the chip-stocks rally.In a research note published on Monday, Gavekal Research CEO Louis-Vincent Gave named the looming summit between U.S. President Donald Trump and China’s premier Xi Jinping as one reason for investors to feel cautious about the semiconductor sector.The two leaders are set to meet in China on Thursday and Friday, Beijing confirmed.Trump needs to replenish the U.S.

Subscribe to enjoy similar stories.Brexit was a shot heard ’round the world a decade ago next month, when the British voted to reject the recommendation of their political, economic and cultural establishment and leave the European Union. Its global significance was its loud expression of deep disaffection with the self-satisfied, self-serving elites in Western democracies who dictated the boundaries of acceptable debate on immigration, national sovereignty, the globalized economy and the modern gospel of cultural progressivism.

Subscribe to enjoy similar stories.AMERICANS ARE not famous for their love of vegetables. The staples of American cuisine are starchy, cheesy and heavy on meat. One vegetable, though, sneaks into everything: the tomato.

Subscribe to enjoy similar stories.ON MARCH 11TH the 32 members of the International Energy Agency (IEA), a club of large oil-consuming countries, agreed to sell 400m barrels of crude from their emergency reserves. The release, equivalent to one-third of the group’s combined strategic stash, is the biggest ever co-ordinated by the IEA, which was founded in 1974 after the first Arab oil embargo. Its historical significance failed to impress oil markets, which have been shaken by the Middle Eastern crisis provoked by America and Israel’s war on Iran.

Subscribe to enjoy similar stories.In a world beset by uncertainty, a 14% plus year-on-year growth in bank credit during December 2025 to February 2026 is reason for cheer. To be sure, part of this reflects a normalization of the credit cycle which saw brief disruption in mid-2025 triggered by US President Donald Trump’s tariff announcements.

Subscribe to enjoy similar stories.After decapitating the Iranian regime and bombing Islamic Revolutionary Guard Corps (IRGC) positions for 40 days, the Trump administration has failed to secure a surrender and left Iran in control of the Strait of Hormuz. With Iran striking critical infrastructure across the Gulf Cooperation Council states and threatening shipping, the US reverted to TACO (Trump always chickens out) mode by agreeing to a ceasefire.

Subscribe to enjoy similar stories.At this point, the Gulf war has started to seem like a series of missed deadlines and hollow pronouncements. What began as a two-week truce on April 8th is now approaching its fifth week. Donald Trump claims he can ignore a law that requires the American president to seek congressional approval for wars that last longer than 60 days (this one began 65 days ago).

Subscribe to enjoy similar stories.As the economic consequences of US President Donald Trump’s war against Iran become evident, policymakers around the world are running out of patience. The recent Spring Meetings of the International Monetary Fund and World Bank in Washington made this abundantly clear, with UK Chancellor of the Exchequer Rachel Reeves lamenting the “folly” of a war that is “not ours.”But much of the cost will be borne by the US itself. The immediate effects are visible: a sharp rise in gas prices, inflation climbing to a two-year high and growing concerns that, as consumers cut back on spending to offset higher costs, unemployment will rise.