Trump's Trade War With China Threatens These Key Green Technologies
America's battery installers and developers stand to lose the most, says Antoine Vagneur-Jones, head of trade and supply chains at BloombergNEF. China dominates the export of lithium-ion batteries and battery materials to the US, and supply chains can't be quickly altered to change that.
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22 minutes ago
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Xinhua Silk Road: Waterfalls forge stronger China-Italy bond
BEIJING, Aug. 17, 2025 /PRNewswire/ -- "The two natural wonders have not only become a symbol of our friendly relations, but also a cultural bridge connecting two places," Walter Semperboni, mayor of Valbondione in the Italian province of Bergamo, highlighted the waterfall-linked friendship between China and Italy in a recent letter. This connection was formalized in December 2020 during the 50th anniversary of the establishment of China-Italy diplomatic relations, when the Jiulong Waterfalls in Luoping County, Qujing City, southwestern China's Yunnan Province and Italy's Serio Falls near Valbondione were officially twinned. "These waterfalls constitute natural bridges for exchanges and cooperation," said Lorenzo Riccardi, president of the China-Italy Chamber of Commerce. On August 7, 2023, Riccardi represented the government of Valbondione to unveil a friendship monument commemorating the pact between the twin waterfalls at the Jiulong Waterfalls scenic area. Thanks to this partnership, the Jiulong Waterfalls scenic area has launched many cultural and tourism cooperation initiatives with Italy over the past five years, noted Hu Yibo, who is in charge of the scenic area. According to Hu, Italian tourist groups make dedicated visits to the Jiulong Waterfalls, where characteristic cultural activities such as ethnic performances and cultural exhibitions offer international visitors immersive experiences. Meanwhile, the Serio Falls, renowned across Europe, provide valuable insights for scenic area management and nature conservation. "The twinning enables the two countries to share tourism development expertise," Hu added. With the 5th anniversary of the friendship pact between the Jiulong Waterfalls and the Serio Falls in 2025, Semperboni envisioned expanded cooperation. "We hope there will be further cooperation through joint planning and promotion of tourism projects, mutual visits and exchanges among the youth, and collaboration in environmental protection and sustainable development." Original link: View original content to download multimedia: SOURCE Xinhua Silk Road Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Are we getting a $5000 DOGE dividend or $600 rebate? Fourth stimulus check eligibility
If you're wondering about a fourth stimulus check in 2025 from President Donald Trump or the IRS, here's what to know about eligibility and the reality of it happening. On July 25, Trump floated the idea of a tariff rebate check for American taxpayers in response to questions about all the new tariff revenue being generated, "We have so much money coming in, we're thinking about a little rebate. But the big thing we want to do is pay down debt. But we're thinking about a rebate." A few days after the president's tariff rebate comments, Missouri Republican Sen. Josh Hawley announced the American Worker Rebate Act of 2025 aimed at sending checks to Americans. Note that a few months back, in February, Trump also said he would consider a plan to pay out a portion of the savings identified by the Department of Government Efficiency in the form of a $5000 dividend check as payback to taxpayers. The DOGE dividend proposal, authored by Azoria investment firm CEO James Fishback, was meant to give back or refund taxpayers a savings from Elon Musk's DOGE related cuts and reductions in government spending. Here's what to know about Trump's two proposals this year, what the amounts would be, qualifications and status. Are we getting a fourth stimulus check in 2025? While speculation about a of $2,000 has surfaced on social media and unverified websites, there has been no official confirmation of any additional economic relief package in 2025 from Congress or the IRS to support this claim. Any such news should be taken with caution as it could be misinformation or attempted fraud. Either of Trump's ideas for a tariff rebate or DOGE dividend this year would be similar to a fourth stimulus check, if approved. Albeit, there are differences between a stimulus check versus a dividend, refund or rebate. By definition, a dividend is a distribution of profits by a corporation to its shareholders and refund is a payment made back to a user that previously paid for something. While a rebate is a partial refund of the purchase price that a consumer paid, often upon meeting certain conditions — more like a discount that is refunded after the purchase versus a discount that is applied at the point of sale. A stimulus check on the other hand, is a direct payment to encourage spending and stimulate the economy by putting money directly into the consumers' hand. Also similar to the stimulus checks sent during the pandemic, these proposals would require congressional approval. What is the American Worker Rebate Act of 2025? Hawley's bill, called the American Worker Rebate Act of 2025, would provide a minimum of $600 per adult and dependent child, or $2,400 for a family of four, according to news officials. The benefit would be reduced by 5% for joint filers with an adusted gross income above $150,000 or single filers earning more than $75,000 individually. According to an analysis from the Budget Lab at Yale released July 28, Trump's tariffs could cost U.S. households an average of $2,400 in 2025 through higher prices passed on from companies paying higher tariff taxes. The Treasury Department said on July 25 that the U.S. government posted a $27 billion surplus in June, following a $316 billion deficit in May. Customs duties totaled approximately $27 billion for the month, up from $23 billion in May and 301% higher than in June 2024. On an annual basis, tariff collections have totaled $113 billion, or 86% more than a year ago. The bill would allow for a larger rebate if the tariff revenue exceeds projections. What is the status of the DOGE dividend check proposal? Fishback announced that he was stepping away from the DOGE dividend check movement after Musk lashed out at the president in June, although he also said he would continue working with the administration "to return savings to taxpayers." The latest update on DOGE dividend came from Fishbacks tweet on June 6, "I believed in Elon Musk's vision to shrink government and make it work better for Americans. I'm proud of the DOGE Dividend proposal I developed and will keep working with the administration to return savings to taxpayers." He added, "The truth is that Elon set expectations that he relayed to the President, me, and the country that he did not come close to fulfilling. That's disappointing, but okay." According to Fishback's proposal, the DOGE dividend check was described as tax refund check to be sent to every taxpaying household, funded exclusively with a portion of the total savings delivered by DOGE. The potential refund would be sent only to households that are net-income taxpayers — people who pay more in taxes than they get back — with lower-income Americans not qualifying for the return, according to news reports. The Pew Research Center cites most Americans who have an adjusted gross income of under $40,000 pay effectively no federal income tax. According to the DOGE website, it cites an estimated $205 billion — approximately $1,273 per individual federal taxpayer — in savings and proof in their "Wall of Receipts." Albeit, only half the amount is itemized thus far, raising doubts about accuracy. Amy Gleason is the acting administrator and head of DOGE. Musk's departure from the federal government will likely do little to change DOGE's work carrying out Trump's vision of downsizing the federal government or eliminating the 'fraud and waste.' Maria Francis is a Pennsylvania-based journalist with the Mid-Atlantic Connect Team. This article originally appeared on Asbury Park Press: How to check your stimulus check status? Trump $600 - $2400 rebate Solve the daily Crossword
Yahoo
an hour ago
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Enigmatig Celebrates NYSE American Listing with Bell Ringing Ceremony, Signaling Next Phase of Global Growth
NEW YORK, Aug. 18, 2025 /PRNewswire/ -- Enigmatig Limited (NYSE American: EGG) ("Enigmatig" or the "Company"), a global business enabler empowering small and medium-sized enterprises (SMEs) to scale across borders, today rang the Closing Bell at the New York Stock Exchange ("NYSE") to mark its recent listing and reaffirm its mission to power the global ambitions of bold, forward-thinking businesses. Enigmatig began trading on June 18, 2025, following the completion of its initial public offering of 3,005,200 Class A ordinary shares at US$5.00 per share including the partial exercise of the underwriters' overallotment option. The offering raised gross proceeds of approximately US$15 million. Prime Number Capital LLC acted as the sole book-running manager for the offering. As one of the few Asia-Pacific headquartered firms in its sector to list on the NYSE American, this accomplishment underscores Enigmatig's role as a trusted partner for SMEs navigating high-stakes cross-border expansion, regulatory complexities, and new market entries. Desmond Foo, Founder and CEO of Enigmatig, said, "Today's bell ringing is a proud milestone in our 15-year journey of enabling SMEs to achieve their international ambitions. Our listing strengthens our foundation for bold, global expansion, enabling us to deepen our service capabilities, advance our RegTech innovations, and extend our reach across the world's key financial hubs. Enigmatig was built to guide clients throughout their expansion journey – from incorporation to licensing, compliance, and strategic growth – delivering clarity, precision, and partnership every step of the way." Mingwen Teo, the Company's Director and CFO, added, "Our successful IPO and strong first-half performance validate the strength of our business model and the growing demand for comprehensive, technology-enabled licensing and compliance solutions. This ceremony is not just a celebration of our listing, but also a reaffirmation of our long-term vision to empower compliance globally while creating sustainable value for our clients and shareholders." With its IPO proceeds, Enigmatig is driving its next wave of growth by: Expanding its leadership and specialist teams across key markets and verticals Accelerating RegTech and automation innovation to streamline compliance Enhancing strategic advisory with sharper, data-driven insights Pursuing targeted M&A to strengthen its global service offerings Growing its presence in high-potential markets to serve clients closer to where they operate and aspire to operate Founded in 2010, Enigmatig has built a strong track record across global financial hubs and offshore jurisdictions, including Singapore, Hong Kong, Shanghai, London, Cyprus, and Belize, delivering tailored solutions across the full business lifecycle, from company incorporation to ongoing compliance and strategic advisory. Its proprietary CRM platform, integrating KYC, AML, and transaction monitoring tools, positions RegTech at the core of the Company's growth strategy, allowing smarter, faster compliance for both new and existing clients. For photos, a video replay and other content from the event, please visit: About Enigmatig Limited Enigmatig is an international business enabler dedicated to helping small and medium-sized enterprises (SMEs) achieve their international ambitions. Since 2010, we have connected businesses with the expertise, infrastructure, and regulatory support needed to succeed in cross-border markets. With deep capabilities in FX brokerage consultancy, licensing, RegTech, FinTech, and corporate services, Enigmatig delivers tailored solutions across the full business lifecycle – from company incorporation to ongoing compliance. Our experienced team specializes in navigating complex regulatory environments across global financial hubs and key offshore centers, including London, Cyprus, and Belize. Headquartered in Singapore with a strategic presence in Hong Kong, Shanghai, London, and a representative desk in Bangkok, Enigmatig supports a diverse and growing international client base. For more information, please visit: Safe Harbor Statement Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "could," "will," "should," "would," "expect," "plan," "aim," "intend," "anticipate," "believe," "estimate," "predict," "is/are likely to," "potential," "project" or "continue" or the negative of these terms or other comparable or similar terminology. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC, which are available for review at Media & Investor Contacts: investors@ View original content to download multimedia: SOURCE Enigmatig
