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24/7 News

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8/19
18:04
The White House announced that Ford Motor Company declared it would move the production of Lincoln models back to the United States, gradually stop importing from China, and create thousands of new American jobs. The announcement stated that this is the latest evidence that President Donald Trump's "America First" trade agenda is working, an agenda designed to reward domestic manufacturing, protect American workers, and rebuild American supply chains. Ford CEO Jim Farley explicitly stated that the company made this decision immediately after government policies were determined. Other automakers such as Toyota, Honda, General Motors, Mercedes-Benz, Volvo Trucks, Stellantis, Nissan, Hyundai Motor Group, and Rolls-Royce have also expanded their operations in the United States and moved production back to American soil, with many of them explicitly citing tariffs as a major driving factor, involving billions of dollars in investment and the creation of thousands of jobs.
17:34
Al Jazeera's Ali Hashem reported on displaced Lebanese families observing their homes from a distance, as Israel continues to erase towns and villages in southern Lebanon's so-called 'pilot zones'.
17:33
Michael Saylor retweeted Bitcoin Magazine's tweet stating that when asked if the U.S. plans to accumulate a large amount of Bitcoin, Donald Trump said it was "definitely discussed." He believes this "would take a lot of pressure off the dollar" and "it's been very good for the dollar," while also stating that he would "certainly listen" if someone proposed such a suggestion.
17:12
According to Al Jazeera, the USS Abraham Lincoln aircraft carrier faced severe conditions during its record-breaking deployment, including crew morale issues, shortages of basic supplies, and maintenance problems. Experts point out that this highlights the limitations of the U.S. Navy in its long-term asymmetric conflict with Iran. The report attributes the supply shortages to Iranian attacks on U.S. military bases in the Middle East, particularly the heavily damaged naval base in Bahrain, which forced the U.S. military to use Diego Garcia, 3,540 kilometers away, as its primary supply hub. Acting Secretary of the Navy, Hong Cao, has announced that the "Lincoln" will return early, and the USS George Washington aircraft carrier, originally stationed in Japan, will be redeployed to the Middle East to take its place, leaving the Western Pacific temporarily without a U.S. aircraft carrier deployment. Former naval officials believe that Iran has effectively "deactivated" two U.S. aircraft carriers (the "Ford" and the "Lincoln") for a year due to long-term maintenance, reflecting the limitations of relying solely on air power to achieve U.S. objectives.
16:52
The spot price spread of ETH (Ethereum) between Binance and Coinbase has widened to 1.01% (Binance $2,181.71, Coinbase $2,203.97, Binance at a discount). Inter-exchange price differences are often accompanied by localized liquidity changes; please be aware of the risks.
16:43
USDU is the UAE’s first central bank-registered US dollar stablecoin, and this integration aims to expand its distribution beyond institutional channels.
16:26
The proposed rules would classify the refundable portions of the adoption tax credit, child tax credit, American Opportunity tax credit, and earned income tax credit as "federal public benefits." This reclassification could disqualify hundreds of thousands, if not millions, of non-citizens with Social Security numbers and work authorization, including asylum applicants, Temporary Protected Status (TPS) holders, and DACA recipients, from receiving these tax refunds. Treasury Secretary Scott Bessent stated the move aims to "protect the integrity of the tax system, and put Americans first."
16:06
The average bond yield in G7 countries rose to its highest level since 2008 in mid-August, as investors demanded higher compensation. Reasons for investors to exit long-term sovereign debt include increasing fiscal deficits, stubborn inflation, and large debt issuances by technology companies to build AI infrastructure, intensifying the competition for investor attention with governments.
15:40
Donald Trump said on Wednesday at a White House event attended by major crypto industry players that passing the "Clarity Act" would keep the U.S. ahead in crypto innovation and unleash the next wave of innovation.

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