Significant Global Events
US-China Trade Relations:
The United States and China have agreed to a 90-day truce in their trade war, with both countries agreeing to lower some tariffs. This development has been welcomed by global markets, leading to a significant jump in stock prices. Following these talks, China has also lifted its ban on Boeing deliveries.
Russia-Ukraine Conflict:
Despite calls for a ceasefire, including a direct appeal from Ukraine's President Zelenskyy to President Trump to potentially join talks in Turkey, fighting continues. Russia has reportedly launched drone attacks on Ukraine after rejecting an EU ultimatum for a truce.
Release of US Hostage:
Hamas has released an American-Israeli hostage, Edan Alexander, who had been held in Gaza for over 19 months. This release comes amid ongoing conflict in the region and diplomatic efforts involving President Trump.