Jerome Powell is openly challenging President Trump's economic policies and defending the Federal Reserve's independence. Powell criticized tariffs as harmful to the economy and asserted the Fed would not bow to political pressure. Trump swiftly responded, reiterating his desire to replace Powell, highlighting the ongoing tension over monetary policy and the Fed's autonomy.
China is leveraging its vast domestic market to aid companies grappling with trade tensions with the US, as stated by the Commerce Ministry. E-commerce giants like Alibaba and Tencent are launching initiatives to boost domestic sales for exporters.
As part of the transition, the firm has also changed its name from "PhonePe Private Limited" to "PhonePe Limited. Walmart chief executive officer Doug McMillon on February 20 announced that PhonePe had begun preparations for a potential listing on Indian stock exchanges, though he did not specify a timeline.
Pakistan has expelled over 80,000 Afghan nationals since late March as part of its Illegal Foreigners Repatriation Plan, with a final deadline of April 30 for those without valid visas. The repatriation drive comes amid accusations from Pakistan blaming Afghan citizens for militant attacks and crimes, which Afghanistan rejects, calling it forced deportation.