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This article was independently developed by The Economy editorial team and draws on original analysis published by East Asia Forum. The content has been substantially rewritten, expanded, and reframed for broader context and relevance. All views expressed are solely those of the author and do not represent the official position of East Asia Forum or its contributors.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

Forecasts for stablecoin market growth remain sharply divided. J.P. Morgan warns the “Genius Act” may expose vulnerabilities in Tether's dominance. Building market trust remains an urgent challenge. J.P.

Trump criticizes Fed during visit, raising concerns over headquarters renovation. Makes blunt call for Powell to “cut interest rates.” Market sees slim odds of rate cut at upcoming July FOMC meeting. With the July meeting of the Federal Op

Preemptive Remarks Ahead of High-Level TalksTrade Talks Increasingly Resemble Transactions

A Beijing summit between China and the EU yields cordial language but no breakthroughs. The EU presses China on trade imbalances and Ukraine, but leaves with little leverage. Europe faces a strategic crossroads, caught between dependence on China and alignment with the U.S. In a year marked by mounting geopolitical tension, China hosted top European Union leaders in Beijing in an attempt to reboot a strained partnership.

Silicon Valley is now borrowing China’s grueling “996” work schedule to stay competitive. Chinese firms, such as DeepSeek, are reshaping the AI battlefield with high-performance models at a low cost. This convergence of hustle and innovation is testing the boundaries of ambition, ethics, and global collaboration. A new tech culture is quietly emerging at the intersection of America and China, a vision of relentless work, hyper-cost efficiency, and geopolitical rivalry.

Intel will cut 15% of its workforce after a dismal Q2 2025 performance. Total headcount is expected to shrink by nearly a quarter by year-end. Flagship Ohio factory faces years-long construction delays amid financial strain. Intel was once synonymous with American innovation, a bellwether of technological progress and silicon dominance. But in 2025, the company is fighting to stay relevant amid fierce competition, financial setbacks, and internal upheaval.

This article was independently developed by The Economy editorial team and draws on original analysis published by East Asia Forum. The content has been substantially rewritten, expanded, and reframed to provide a broader context and greater relevance. All views expressed are solely those of the author and do not represent the official position of East Asia Forum or its contributors.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

American Automotive Policy Council criticizes outcome of U.S.–Japan trade talks. Warns of declining price competitiveness as U.S.

Ripple expands its influence through partnerships with international financial institutions. Launches stablecoin RLUSD to push for entry into regulated finance. U.S.

U.S.

Fading first-mover advantage dilutes competitive edgeTechnology-driven strategies fall short in a crowded race

Avoiding a 30% tariff at all costs, the EU opts for damage controlBeneath the optics of stability lies a defensive compromise

The United States withdraws from UNESCO for the third time. The move underscores growing U.S. resistance to multilateral institutions seen as promoting progressive values. Trump administration claims ideological misalignment; critics warn of long-term diplomatic costs. In a dramatic yet familiar move, the United States has once again severed its ties with UNESCO, the United Nations’ cultural and educational agency. Announced in July 2025, this withdrawal marks the third such exit in U.S.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.