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Rising Geopolitical Tension, U.S. Trade Policy Concerns Weigh on Global Markets

Rising Geopolitical Tension, U.S. Trade Policy Concerns Weigh on Global Markets

Stock markets had a muted start to Thursday, with U.S. stock futures down a touch, a narrowly mixed close in Asia and a weaker open across European markets.
Elements driving risk-off sentiment included rising geopolitical tension and continuing concerns around U.S. trade policy. U.S. Treasury yields were slightly down extending Wednesday's falls after the latest monthly report on consumer prices. The dollar also continued to fall.

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GOP Senator Ron Johnson says he's 'trying to force reality' on DC
GOP Senator Ron Johnson says he's 'trying to force reality' on DC

Fox News

time6 minutes ago

  • Fox News

GOP Senator Ron Johnson says he's 'trying to force reality' on DC

When it comes to the nation's federal government, GOP Sen. Ron Johnson of Wisconsin is "not a fan." He believes that it "causes or exacerbates more problems than it actually solves," telling Fox News Digital during an interview on Wednesday that the bulk of his oversight is "to expose how awful government is" in order to obtain "public support for reducing it, limiting its size, limiting its cost, limiting its influence over our lives." "As our federal government grows, our freedoms recede," he said. "You see what the federal government does, how it wastes money." The national debt has ballooned to the eye-watering sum of more than $36 trillion, with lawmakers and presidents from both parties presiding over the deficit spending that has led the nation to this point. Johnson said he's "trying to force reality" upon everyone in the nation's capital, regardless of whether they want to face that reality. He said for decades the nation has been suffering a "chronic debt crisis," illustrating the dramatic decline in the value of the U.S. dollar by noting that "the dollar you held back in 1998 is now only worth $0.51 cents," while "a dollar you held in … 2019 is only worth $0.80 cents." The senator referred to inflation as "the silent tax." But he's certainly not staying silent. Johnson indicated that the elected leaders are mortgaging the future of American children, but "don't talk about it." "I'm forcing everybody to look at it," he said, noting that his "primary role" is to force "acknowledgment of our problem." But as keenly as Johnson advocates the idea of slashing the sprawling tentacles of the massive federal bureaucracy, right now he's just pushing to pare spending down to pre-pandemic levels. The conservative fiscal hawk has been making headlines for taking a stand against the Trump-backed One Big Beautiful Bill Act that cleared the GOP-controlled House of Representatives last month. But Johnson told Fox News Digital that he actually likes a lot of the measure. "I'm really not critical of the bill as far as it goes," Johnson explained, noting that he's a "big supporter" of much of what's in it, though he noted that has not read all of it — the measure is more than 1,000 pages long. "My main beef is it just doesn't go far enough," he said, noting that after the COVID-19 pandemic Democrats failed to return to pre-COVID spending and deficit levels. The Congressional Budget Office's estimated budgetary impact for the measure indicates that the net effect on the deficit would be a more than $2.4 trillion increase over the fiscal years 2025-2034. But White House Office of Management and Budget Director Russ Vought has said the measure would decrease deficits. "The bill REDUCES deficits by $1.4 trillion over ten years when you adjust for CBO's one big gimmick--not using a realistic current policy baseline. It includes $1.7 trillion in mandatory savings, the most in history. If you care about deficits and debt, this bill dramatically improves the fiscal picture," Vought said in a post on X. Johnson also noted during the interview that there has not been a "reckoning" regarding the "abuse" at all levels of government during the COVID-19 pandemic. He noted that he does not refer to the COVID-19 jab as a vaccine. Instead, he referred to it as an "injection," asserting that it is "not a vaccine," and that it caused injuries and death. The senator said that he thinks the shots should have "black box warnings." The Centers for Disease Control and Prevention website states that the "CDC recommends a 2024-2025 COVID-19 vaccine for most adults ages 18 and older" and claims that the "vaccine helps protect you from severe illness, hospitalization, and death." Johnson, who has served in the Senate since 2011 and won election to a third term in 2022, said he'd prefer not to seek another term in office. "I don't covet this job," he said, noting that he wants to leverage his post to help save America and aid those who are "ignored by the system." While he's not ruling out another run, Johnson, who turned 70-years-old earlier this year, said he'd "be happy" to return to Oshkosh and "live a nice, peaceful life."

Intellipaat Launches Intellipaat School of Technology to Revolutionise Computer Science Education in India
Intellipaat Launches Intellipaat School of Technology to Revolutionise Computer Science Education in India

Yahoo

time17 minutes ago

  • Yahoo

Intellipaat Launches Intellipaat School of Technology to Revolutionise Computer Science Education in India

BENGALURU, India, June 13, 2025 /PRNewswire/ -- Intellipaat, a pioneer in online professional education, proudly announces the launch of the Intellipaat School of Technology (IST) — a bold initiative designed to redefine computer science education and bridge the widening gap between academia and industry. With a mission to create the top 1% of software developers, IST goes beyond conventional education. It is a dynamic ecosystem built to empower students not only to land high-paying tech jobs but also to launch their startup journeys even before they graduate. IST, does not create job seekers — they create job creators. The goal is to nurture the next generation of innovators, builders, and entrepreneurs who can unlock infinite possibilities for growth and leadership in the tech world. India produces over 15 lakh engineering graduates every year, yet only a small fraction secure core software development roles, and those who do often settle for salaries far below global standards. This stark disconnect between education and employability is precisely what IST aims to address through its future-ready, AI-driven curriculum, designed in collaboration with top industry leaders from global tech giants. "At IST, we're giving students a launchpad through hands-on learning with top minds from industry and academia. Our goal is to build AI-age engineers with an entrepreneurial mindset — ready to solve real problems and lead global tech," said Diwakar Chittora, Founder & CEO of Intellipaat. Key Features of Intellipaat School of Technology AI-Age Curriculum A future-focused curriculum designed for the tech landscape of 2029 and beyond. 1.5 Year Assured Internships Guaranteed internships that provide real-world, hands-on experience. Learn from the Best in Industry and Academia Courses are delivered by IIT faculty, industry experts, academicians, and tech leaders who have built global products and developed top talent for leading MNCs. Global Exposure International immersion programs that connect students with global tech hubs and leading engineers. Entrepreneurship Hub A ₹10 crore seed fund to support student-led innovations and startup ideas. MAANG-Level Projects Work on real-world projects that mirror the scale and complexity of top tech companies. Industry-Ready Certification Students will receive certifications from IHUB, IIT Roorkee, Microsoft, and NSDC. A 2-day campus immersion will also be conducted at IIT Roorkee. Vibrant Campus Life A holistic college experience with hackathons, tech fests, cultural events, and student-led clubs. Recognised Degree Students will be awarded a degree from the partnered university, which is recognised by UGC. Multi-City Campus Options Campuses are located in Bengaluru, Pune, and Hyderabad, offering students flexibility to choose based on their preferences. Admissions Now Open Applications are now open for the upcoming cohort. Selection will be based on an entrance test and an interview, with a strong emphasis on analytical and logical reasoning. Learn more: Contact: istadmissions@ | Phone: +91-8377971812 About Intellipaat Intellipaat is a global edtech platform that has upskilled over 500,000+ working professionals and positively impacted 10 million+ learners through its free and paid programs. With the launch of the Intellipaat School of Technology, the company is now setting a new benchmark in higher education by blending academic excellence with practical, industry-driven innovation. Logo: View original content to download multimedia:

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