News

Colombia National Jobless Rate down to 8.8% in April from previous 9.6%

White House Chief of Staff Miller has been sent out to speak about China:

• China must show its commitment to a rules-based international order.
• Trump’s hope is that China will choose the path of cooperation and common ground.

This article was written by Greg Michalowski at www.forexlive.com.

While playing up the U.S.’s enduring commitment to the Indo-Pacific region, Hegseth took swipes at the absence of China’s defense minister Dong Jun.

Tesla CEO Elon Musk appeared with President Donald Trump in the Oval Office for an event marking the DOGE founder’s departure from Washington.

NVIDIA is reportedly working on a new AI chip designed for sale in mainland China, according to The Information.

The chip, currently dubbed the B30, will enable Chinese customers to link multiple units together to build high-performance computing clusters—something not previously possible with available products.

Major Chinese tech firms including ByteDance, Alibaba, and Tencent have shown interest in the chip. NVIDIA has informed clients it aims to produce over 1 million B30 units this year.

The move comes amid stricter U.S. restrictions on advanced chip exports to China, though current regulations mainly target the capabilities of individual chips rather than multi-chip systems.

This article was written by Eamonn Sheridan at www.forexlive.com.

FIB says its aware of and fully investigating a targeted terror attack in Boulder, Colorado

• agents and local law enforcement are on the scene

Nothing further at this stage.

More:

• in Boulder’s Pearl Street Mall
• an incendiary device was thrown
• at walkers at the Run for Their Lives walk on Pearl Street as they were raising awareness for the hostages still held in Gaza

This article was written by Eamonn Sheridan at www.forexlive.com.

The Pound Sterling (GBP) claws back some of its early losses against the US Dollar (USD) and recovers to near 1.3470 during Friday’s North American session.

The Euro (EUR) is coming under renewed pressure against the Japanese Yen (JPY) as investors weigh persistent inflation in Japan against soft consumer and inflation data from the Eurozone.

It takes more than saying, “You can talk to me,” says therapist Kelsey Mora. Instead, “you go first. Be open and honest with them,” she says. Here’s how.

ICYMI, Ukraine used to drones to attack around 40 Russian war planes at 4 military bases. In summary:

• Ukraine says it completed its biggest long-range attack of the war
• Smuggled drones launched a series of strikes on 40 Russian warplanes at four military bases
• 117 drones were used
• striking “34% of [Russia’s] strategic cruise missile carriers”
• estimates of the damage to Russia’s strategic aviation is about US$7bn

The news comes as Russian and Ukrainian negotiators are heading to Istanbul, Turkey, for a second round of peace talks on Monday.

This is via the BBC citing SBU (Security Service of Ukraine)

More:

Four Russian airbases – two of which are thousands of miles from Ukraine – were hit:

• Belaya in Irkutsk oblast (region), Siberia
• Olenya in Murmansk oblast, Russia’s extreme north-west
• Dyagilevo in central Ryazan oblast
• Ivanovo in central Ivanovo oblast

Among the hit Russian aircraft were strategic nuclear capable bombers called Tu-95 and Tu-22M3, as well as A-50 early warning warplanes.

There is a video at that link, above.

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There is little sign of a diminishing in geopolitical tension on this front.

This article was written by Eamonn Sheridan at www.forexlive.com.