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Mohamed Abdelhamid

After Vietnam, What Could a US-EU Trade Deal Look Like?

The recent preliminary trade agreement between the United States and Vietnam has set a new precedent for global trade negotiations, offering a potential blueprint for the high-stakes talks between the US and the European Union as a critical tariff deadline approaches on July 9, 2025. The US-Vietnam deal, which includes …

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Explainer: Pi In Silent Battle for Crypto Payroll Supremacy

The cryptocurrency landscape is evolving at breakneck speed, and stablecoins are emerging as a cornerstone for practical applications like payroll systems, offering stability in a volatile market. Meanwhile, Pi Coin, a mobile-first cryptocurrency with a massive global community, is carving out its own niche, aiming to redefine digital transactions. As …

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ADP Report Shocks Wall Street as Markets Brace for Trade Talks and NFP Data

Wall Street saw a modest retreat following a startling ADP private payrolls report that revealed an unexpected decline of 33,000 jobs in June, marking the first drop since March 2023. The ADP data, which fell significantly short of economists’ expectations of a 100,000-job gain, raised alarms about the health of …

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Trump’s Bold Policy Overhaul Advances: House Vote on Horizon

A comprehensive policy bill championed by President Trump has narrowly passed the Senate, marking a significant step forward for his administration’s ambitious domestic agenda. The legislation, which includes substantial tax cuts, increased military spending, and stricter immigration policies, comes at the cost of significant reductions to healthcare and nutritional programs. …

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Dow Soars 426 Points as Investors Shift from Tech to Healthcare; Tesla Plunges Amid Trump-Musk Feud

Dow Soars 426 Points as Investors Shift to Healthcare; Tesla Plunges Amid Trump-Musk Feud The U.S. stock market opened the third quarter with mixed performance, as the Dow Jones Industrial Average surged 426 points, a 1% gain, driven by a rotation from technology to defensive sectors like healthcare. The S&P …

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Gold Jumps Over 1% as Trade Tensions and Fiscal Fears Boost Safe-Haven Appeal

Gold prices soared by more than 1.13%, climbing to approximately $3,355 per ounce, before stablizing at $3,339 at the time of writing, propelled by mounting uncertainties surrounding global trade policies as the U.S. approaches a critical July 9 tariff deadline. The faltering progress in trade negotiations, combined with unpredictable economic …

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Senate Approves Trump’s ‘One Big Beautiful Bill’: Key Provisions and Next Steps

The US Senate passed President Donald Trump’s ambitious legislative package, known as the “One Big Beautiful Bill,” marking a significant milestone in his administration’s economic agenda. The 940-page bill, which narrowly cleared procedural hurdles over the weekend, survived a contentious “vote-a-rama” session to secure approval. Combining sweeping tax cuts, spending …

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