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  Donald Trump Set to Appoint New Federal Reserve Governor and Labor Statistics Chief: A Bold Move to Control U.S. Economic Narrative Published: August 4, 2025 In a move that could reshape the direction of U.S. economic policy and raise international concerns, President Donald Trump has announced plans to appoint two key officials to positions that hold major influence over the nation’s financial outlook: a new Federal Reserve governor and a new head of the Bureau of Labor Statistics (BLS) . This decision comes in the wake of growing controversy after Trump abruptly fired the current BLS commissioner , Erika McEntarfer, following the release of disappointing job data. The dismissal has drawn criticism from economists, lawmakers, and international observers who fear that the Trump administration is moving to politicize traditionally independent economic institutions . But to Trump and his allies, these changes represent a strategic overhaul —an opportunity to regain control ov...

  OPEC+ Announces Major Oil Production Boost to Strengthen Global Market Share August 4, 2025 In a bold move to solidify its control over the global oil market, the alliance of oil-producing nations known as OPEC+ has approved a significant increase in oil production for September. This decision, revealed during a short online meeting among eight key member countries, represents the latest step in a strategic shift to regain lost market share and respond to global political and economic pressures. What Happened? On Sunday, OPEC+ members agreed to raise oil output by 547,000 barrels per day (bpd) starting in September. This continues a pattern of monthly hikes that began earlier this year and marks a total reversal of earlier deep production cuts the alliance had implemented during economic downturns and the COVID-19 crisis. In total, the increase—along with an additional production allocation to the United Arab Emirates (UAE) —brings back approximately 2.5 million bpd , repr...

  Trump’s New Tariffs Spark Global Economic Uncertainty – What It Means for the World in 2025 Published: August 1, 2025 By: Mindset Masteries 🌍 The World Wakes Up to a New Trade Reality On August 1st, 2025 , the global economy entered a new phase of uncertainty as U.S. President Donald Trump officially launched a wave of import tariffs affecting major trade partners, including Canada , India , the European Union , Mexico , and Norway . The changes came into effect just as the previous trade negotiation deadlines expired. Many hoped that deals would be reached in time to prevent this escalation. Unfortunately, diplomacy didn’t deliver, and now businesses, exporters, and governments across the world are reacting—some with outrage, others with cautious optimism. 🇺🇸 What's Actually Happening? 📌 A Quick Breakdown of Trump’s New Tariffs: 35% on Canadian imports 25% on Indian goods 15% on EU and Norwegian products 90-day extension for Mexico Tariff hikes on co...