Flash News

TREE NEWS update: US President Donald Trump is touting stock market gains and economic data. He highlighted the rally and positive indicators, framing them as evidence of his administration’s success. The remarks come amid ongoing market volatility and mixed economic signals.

TREE NEWS reports: The Federal Reserve reported that U.S. consumers’ one-year inflation expectations held steady at 3.6% in August. The three-year expectation eased to 3.2% from 3.3% previously, while the five-year expectation remained unchanged at 3.0%. The data suggest inflation expectations remain anchored as the Fed weighs policy.

TREE NEWS reports: Methanol futures rose about 3.9% in China’s night trading session, while coking coal gained 1.7%, PVC 1.6%, and PTA 1.5%. The moves reflect broad strength in commodity markets.

TREE NEWS update: US Treasury Secretary Scott Bessent said that energy-related inflation is temporary. He made the remarks amid ongoing concerns about price pressures driven by energy costs. Bessent’s comments suggest that the recent spike in energy prices will not lead to sustained inflation.

TREE NEWS update: President Donald Trump said Commerce Secretary Howard Lutnick has ‘some shortcomings.’ The remark, made on Tuesday, comes amid ongoing trade negotiations. Trump did not specify the nature of the shortcomings or indicate any change in Lutnick’s role.

TREE NEWS update: Turkey signed a memorandum of understanding with Russia on Tuesday to expand nitrogen fertilizer imports and overcome difficulties sourcing urea from Persian Gulf producers. The agreement exempts Turkey from Russian export restrictions on nitrogen, phosphorus and ammonia, securing fertilizer and raw material supplies. It follows Russia’s decision to ease limits on ammonia and urea exports to meet Turkey’s growing demand.

TREE NEWS update: President Donald Trump said the US blockade of Iran is ‘very effective,’ without providing further details. The statement comes amid heightened tensions over Iran’s nuclear program and regional activities. Trump’s remarks signal continued US pressure on Tehran.

TREE NEWS update: Iran’s Islamic Revolutionary Guard Corps Navy announced on December 8 that it captured an advanced US unmanned underwater vehicle at the entrance to the Strait of Hormuz at dawn, following a complex intelligence and combat operation. The Guard said images would be released in the coming hours.

TREE NEWS update: Russian presidential aide Yuri Ushakov said on May 8 that the phone call between President Vladimir Putin and U.S. President Donald Trump was ‘constructive and very frank.’ Ushakov noted Trump expressed the need to end the Ukraine crisis and hopes to broker a breakthrough during his presidency.

TREE NEWS update: US Treasury Secretary Scott Bessent addressed Canada’s retaliatory tariffs, urging Prime Minister Mark Carney to stop his ‘campaign mode’ approach. Bessent’s remarks, made during ongoing trade tensions, signal heightened friction between the two nations over tariff policies. The statement comes amid escalating trade disputes and political maneuvering.

TREE NEWS update: Israeli Foreign Minister Gideon Sa’ar said on April 8 that Israel will close the British consulate in Jerusalem, responding to UK sanctions on Israeli settlements. The move escalates diplomatic tensions between the two nations over settlement policies.

TREE NEWS reports: After Putin met with a US special envoy, Kyiv’s allies now believe the war could continue into 2027. The meeting did not yield a breakthrough, leading to revised expectations among Western capitals. Officials suggest prolonged conflict is likely, with no immediate prospect of peace talks.

TREE NEWS reports: Qatar recorded its largest quarterly budget deficit in nearly a decade, with gas revenue almost wiped out by the US-Iran conflict effectively closing the Strait of Hormuz. The finance ministry said on X that the Q2 shortfall reached 21.2 billion riyals ($5.8 billion), the highest since end-2016 and nearly double the prior quarter’s 10.3 billion riyals.

TREE NEWS update: Iran’s military said on the 8th that its air defense forces shot down an ‘intruding MQ-1 drone’ over Bandar Abbas. The announcement was made by Iranian military officials on the same day. No further details were provided.

TREE NEWS update: Volkswagen announced on March 7 it will sell its Osnabrueck factory in northwest Germany to an Israeli investment firm and the state of Lower Saxony, converting the plant from car production to military goods. The move aims to counter impacts from US tariffs and weak demand.

TREE NEWS update: Canada has extended its federal fuel tax relief policy for gasoline. The measure, which reduces the federal excise tax on gasoline, will remain in effect for a longer period. This decision aims to provide continued financial relief to consumers amid ongoing cost-of-living pressures. The extension applies nationwide.

TREE NEWS update: Iran’s foreign ministry spokesperson, Baghaei, said on March 7 that Tehran will take necessary measures if the IAEA Board of Governors passes a resolution against Iran. The IAEA chief, Rafael Grossi, stated that the agency’s work with Iran will continue regardless, urging Tehran to re-engage.

TREE NEWS update: Japan’s Defense Ministry, in December, omitted from its public response that the US had ‘strongly suspected’ contamination at a Okinawa base originated from the facility, after US refused Japanese entry for PFAS investigation. The disclosure came via a report on the 8th.

TREE NEWS update: Russian President Vladimir Putin and US President Donald Trump spoke by phone, exchanging views on the visits of US special envoy Steve Witkoff and Trump’s son-in-law Jared Kushner to Russia and Ukraine. On September 5-6, Witkoff and Kushner held talks with Putin and Ukrainian President Volodymyr Zelensky respectively.

TREE NEWS update: OECD’s 2025 PISA results, released on the 8th, show German students’ worst-ever performance. Education Minister Karin Prien called the outcome ‘alarming’.