Trump declares war on the Fed, setting up a titanic struggle for world’s most important central bank
Tuesday, 26 August 2025 () President Donald Trump’s announcement Monday night that he is firing Fed Governor Lisa Cook sent markets lower as investors price in doubts about the Federal Reserve’s independence, a cornerstone of U.S. financial power. Filling another vacancy would give Trump-appointed governors a majority on…
World powers are aligning against the U.S. as Trump’s aggressive tariff policies fuel backlash. At the upcoming SCO summit in China, leaders including Vladimir Putin, Xi Jinping, and Narendra Modi will present a united front against Western dominance. Trump’s penalties on India and Brazil have...
Russia has released dramatic footage showing its drone strike destroying a U.S.-supplied AN/TPQ-36 radar system used by Ukraine to track artillery fire. The system erupted in flames after a precise..
Ukraine’s Independence Day was marred by escalating violence as Russia unleashed a massive drone and missile assault, killing two and injuring 33 in Kherson. Ukraine claims to have shot down 71 of..
Russia claims its forces killed over 600 Ukrainian soldiers in a single massive strike near Kramatorsk, Donetsk. Moscow says the attack—using Iskander missiles, kamikaze drones, and heavy..
In an unprecedented and explosive assault on the independence of the US central bank, President Donald Trump has declared he is immediately removing Federal... Invezz