Press Release
CGTN: U.S. tariffs spark global backlash and market turmoil
CGTN publishes an article on how the latest “reciprocal tariffs” enacted by the U.S. have negatively impacted markets worldwide and triggered condemnation from governments, including traditional U.S. allies. Analysts argue that the tariffs demonstrate Washington’s willingness to oppose global consensus.
The global economy reeled this week as the United States’ aggressive tariff policies triggered sharp market sell-offs and a unified international backlash.
Wall Street saw one of its worst trading days in years, with the Nasdaq Composite officially entering bear market territory, having declined more than 20 percent from recent highs, and the Dow Jones Industrial Average in a correction. For Thursday and Friday, the Dow was down 9.3 percent, the S&P 500 10.5 percent, and the Nasdaq 11.4 percent.
As one of the largest companies by market capitalization, Apple is among the hardest hit, as the company relies on Chinese manufacturing for products such as the iPhone. Other industry giants like Walmart and Nike were also battered by the new round of tariffs.
The downturn was not confined to U.S. borders–major financial markets in Asia and Europe also recorded significant losses, reflecting widespread concern over escalating trade tensions.
The United States’ imposition of sweeping new tariffs has drawn fierce criticism from around the world. A survey by CGTN shows an overwhelming majority of respondents believe that “reciprocal tariffs” cannot solve the problems the U.S. is facing, and it will only harm the interests of American consumers and slow economic growth.
Meanwhile, many countries have accused Washington of engaging in economic bullying, undermining global trade norms and jeopardizing international cooperation.
Nations fight back
In a swift and forceful response, China announced a new round of retaliatory tariffs on U.S. goods. Starting at noon on April 10, Beijing will impose a 34 percent tariff on select American imports. Additionally, new export restrictions on key rare earth elements– critical components for advanced manufacturing and technology–will also be implemented.
The U.S. move does not conform to international trade rules, seriously undermines China’s legitimate rights and interests, and represents a typical act of unilateral bullying, according to a statement released by Chinese trade officials on Friday.
As America’s largest trading partner, the European Union wasted no time in voicing its opposition. European Commission President Ursula von der Leyen condemned the U.S. tariffs and confirmed that the EU has finalized an initial set of countermeasures, particularly targeting American steel exports.
Von der Leyen slammed Trump’s move, calling it a “major blow” to the world economy and asserting that it would “massively suffer.”
“There seems to be no order in the disorder, no clear path to the complexity and chaos that is being created as all U.S. trading partners are hit,” von der Leyen said.
She also warned of “immense consequences,” saying the effect would be felt immediately, with consumers and businesses around the world being negatively impacted.
“Uncertainty will spiral and trigger the rise of further protectionism. The consequences will be dire for millions of people around the globe, also for the most vulnerable countries, which are now subject to some of the highest U.S. tariffs.”
Traditional U.S. allies have also spoken out against the tariffs. British Prime Minister Keir Starmer, Italian Premier Giorgia Meloni and Australian Prime Minister Anthony Albanese all expressed their disappointment with American tariffs, asserting the negative impact of a trade war.
“The [U.S.] administration’s tariffs have no basis in logic – and they go against the basis of our two nations’ partnership,” Albanese said. “This is not the act of a friend.”
French President Emmanuel Macron urged European companies to freeze investment plans in the U.S., while Canadian Prime Minister Mark Carney warned that Canada would “take reciprocal measures” to protect its economy.
America against the world
The international response signals a potentially volatile period for global trade and investment. While the U.S. administration defends the tariffs as necessary to protect domestic industries, analysts have pointed out that they demonstrate Washington’s willingness to put itself against the whole world.
“In fact, the international order today, which the U.S. sees as unfair, was formed under its own leadership, and it has been its biggest beneficiary for a long time,” Wei Nanzhi, a research fellow at the Institute of American Studies, Chinese Academy of Social Sciences, told CGTN.
While the hegemony of the U.S. dollar has become a problem for American industrial workers, trying to use “reciprocal tariffs” to effectively stimulate the return of manufacturing is impossible in the short term, Wei said.
Cui Fan, a professor at the University of International Business and Economics in Beijing, said the tariffs will raise domestic prices in the U.S., increase the burden on its citizens and raise costs for many companies.
Under the current global value chains, tariffs cannot restore manufacturing to the U.S. homeland, Cui told CGTN.
Given that Trump has “modification authority” and can decide to raise or lower tariffs as appropriate, Cui said this policy instability is a major factor inhibiting trade, warning that the global trade situation in the near future will not be positive.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Kuvi.ai Launches Private Beta of Agentic Finance OS with Seed Round Led by Moon Pursuit Capital
Breakthrough Agentic Finance platform makes digital asset transactions as simple as typing a message
TORONTO, Ontario – 02/08/2025 – (SeaPRwire) – Kuvi.ai, the platform pioneering Agentic Finance, has announced the successful completion of its $700,000 seed round, led by Moon Pursuit Capital, and the expansion of its strategic round, which is now oversubscribed. Recent additions include legendary crypto investor Michael Terpin of Transform Ventures and leading Web3 educator Dennis Liu (aka VirtualBacon).
The announcement follows Kuvi.ai’s earlier pre-seed (angel) round, which closed in just four days. With the close of the seed round and the opening of the strategic round, Kuvi.ai’s valuation has now doubled from $15 million to $30 million.
The funding supports the private beta launch of Kuvi.ai’s Agentic Finance Operating System (AF-OS), the first of its kind next-gen interface that empowers users to design, automate, and deploy complex financial strategies using natural language.
Kuvi.ai replaces the need for centralized exchanges, clunky DeFi dashboards, or opaque robo-advisors, enabling users to act with precision, automation, and control. Kuvi.ai is an AI-driven crypto interface designed to make digital asset transactions as simple as typing a message or saying a few words, delivering text-to-trade functionality that removes the need to navigate multiple dApps, bridging solutions, or complex trading interfaces.
Users can instruct Kuvi.ai to buy, sell, or swap tokens across blockchains, and Kuvi.ai does the rest. Unlike pre-programmed bots or chat wrappers, Kuvi.ai allows users to define their financial intent – e.g., “Buy $1K in memecoins when sentiment spikes and gas is low, exit when BTC dominance rises” – and executes via our proprietary modular and functional agentic framework.
“Kuvi.ai is building the coordination layer for agentic value transfer,” said co-founder and CEO Dylan Dewdney.
Kuv.ai’s private beta, rolling out now to early community, investors, supporters, collaborators, and some OTC desks, introduces smart “Executables.” These are automations tied to market conditions, cross-chain actions, and real-time data. Early integrations include top Solana-native protocols like Raydium and Jupiter, with Ethereum and Bitcoin native protocols soon to follow.
“This is not just a new product,” added co-founder and CTO Jay Nasr. “It’s a complete rethink of how humans interact with financial systems.”
With private beta underway and TGE tentatively slated for late summer/early fall 2025, Kuvi.ai is set to scale its user base, integrations, and community. As the Agentic Finance movement gains traction, Kuvi.ai is positioned to be the flagship OS in a post-app financial world – empowering everyone to manage and multiply wealth through intent-based interfaces.
About Kuvi.ai
Kuvi.ai is an AI-driven crypto interface designed to make digital asset transactions as simple as typing a message or saying a few words, delivering text-to-trade functionality that removes the need to navigate multiple dApps, bridging solutions, or complex trading interfaces. Users can instruct Kuvi.ai to buy, sell, or swap tokens across blockchains, and Kuvi.ai does the rest.
Kuvi.ai is founded by Dylan Dewdney, a crypto OG active since 2011, along with Jay Nasr, and Maxim Sindall, bringing technical depth and go-to-market execution. Kuvi.ai’s momentum is powered by a heavyweight advisory and investor roster that includes Michael Terpin, founder of Transform Ventures and early advisor/investor to hundreds of crypto projects, including Ethereum and Tether; Dennis Liu (VirtualBacon), top-tier crypto educator with 400K+ followers; and Peter Vincer, advisor with institutional and U.S. policy access, joins as Advisor for Government Relations. For more information, please visit https://kuvi.ai.
Social Links
X: @kuvilabs
Telegram: @kuviai
Discord: https://discord.com/invite/r5Hfpk5BPa
Media contact
Brand: Kuvi.ai
Contact: Media team
Email: KuviAI@transformgroup.com
Website: https://kuvi.ai
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
At Yaya Mas Greek Kuzina, every visit is a journey to Greece. From the aroma of freshly baked phyllo to the first sip of our famous Freddo Cappuccino, we bring the soul of the Aegean straight to Chicago.
Our restaurant is more than a place to eat; it’s a celebration of Greek culture and tradition. We source many of our ingredients directly from Greece so every dish is authentic, flavorful, and made with love. Whether it’s our melt-in-your-mouth chicken gyros, delicate bougatsa pastries, or the signature Greek ancient bread – a rustic, lighter version of pizza – every bite tells a story.
Why Chicago Loves Yaya Mas
Open from 7 AM to 5 AM, we’re one of the few places in the city offering true Greek cuisine from early morning to late at night. Early risers enjoy the best Greek coffee and breakfast pastries, while night owls find satisfying plates long after other restaurants have closed.
We’ve become a go-to spot for university students, families, and anyone craving real Greek flavors. Guests love the lively atmosphere, welcoming staff, and the feeling that they’re part of something special – because at Yaya Mas, you are.
Tradition Lives in Our Kitchen
Our menu is rooted in recipes passed down through generations. Our own Yaya (grandmother) still works in the kitchen, carefully folding the phyllo dough for our spinach and feta pies by hand. Her touch adds a warmth and authenticity that can’t be duplicated.
A Menu Full of Greek Favorites
Gyros: Beef, chicken, and vegetarian options prepared with fresh herbs and our signature tzatziki.
Bougatsa: Custard-filled phyllo pastry, dusted with powdered sugar.
Freddo Cappuccino & Freddo Espresso: Whipped Greek coffee drinks that are already Chicago favorites.
Greek Ancient Bread: Our specialty wood-fired bread with traditional toppings.
Each dish is made with premium ingredients, ensuring rich flavor and vibrant presentation every time.
More Than Just a Meal
Yaya Mas is designed to feel like a Greek island hideaway – warm, bright, and full of life. We host student nights, seasonal events, and coffee happy hours that bring our community together. Whether you’re stopping in for a quick bite or celebrating with friends, we want every visit to feel like a mini vacation.
For your convenience, we offer catering and delivery through our website yayamas.com, as well as through Uber Eats and DoorDash. This means you can enjoy authentic Greek cuisine anywhere — whether at home, at work, or at your next event.
Our Promise
We believe food connects people, and that’s what drives us every day. Whether you visit us for breakfast, lunch, dinner, or a late-night snack, you’ll experience the best of Greek hospitality and flavor.
Join us at 1755 N Sheffield Ave, Chicago, and taste why Yaya Mas Greek Kuzina has quickly become a Chicago favorite. Because at Yaya Mas, you’re not just a guest – you’re family.
Website: yayamas.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Aere Network’s Global Resilience Network (GRN) Gains Momentum Worldwide: Endorsed by Environmental Advocates for Revolutionary Blockchain Solutions in Sustainability and Empowerment by 2030
New York, NY – August 1, 2025 – Following its groundbreaking announcement on July 28, Aere Network, the high-performance Layer 1 blockchain platform boasting speeds surpassing 273,000 transactions per second (TPS), reports that its Global Resilience Network (GRN) is already generating significant buzz across the globe. Environmental activists and sustainability leaders are rallying behind this initiative, praising its potential to address pressing planetary issues through eco-friendly decentralized innovation.
Since the unveiling just days ago, GRN has sparked widespread discussions in international forums, social media channels, and eco-tech communities, highlighting its role in combating climate degradation and fostering human advancement. Activists from organizations focused on ocean conservation, renewable energy, and global equity have voiced strong approval, citing GRN’s carbon-negative framework as a game-changer for real-world impact.
At the heart of GRN is Aere Network’s advanced blockchain ecosystem, which integrates scalable solutions to tackle pollution, resource scarcity, and inequality. By enabling efficient, secure applications, GRN empowers users to engage in initiatives like sustainable resource tracking and community-led resilience projects.
Core features of the Global Resilience Network encompass:
High-Speed Transactions: Delivering over 273K TPS to support expansive sustainability efforts without delays.
Eco-Conscious Design: Carbon-negative operations funded by green tech investments and habitat restoration programs.
Inclusive Tools: Platforms for global participation in environmental actions, including tokenized incentives for conservation and empowerment.
2030 Vision: A strategic timeline targeting full integration by 2026, in sync with worldwide goals such as the UN Sustainable Development Goals.
“We are humbled by the rapid global resonance of GRN,” stated Liviu Hrenaru, CEO of Aere Network. “The endorsement from activists underscores our commitment to leveraging blockchain for a healthier planet and empowered societies. This is just the beginning of a movement that’s capturing hearts and minds worldwide.”
Aere Network encourages partners, investors, and advocates to get involved. The project’s Initial Exchange Offering (IEO) is currently active on P2B, offering a prime entry point into this transformative endeavor.
Visit aere.network for details or connect with us on X at @Aerenetwork.
About Aere Network
Aere Network leads in sustainable blockchain development, emphasizing speed, security, and environmental responsibility to create lasting positive change for Earth and its people.
Media Contact:
Email: office@aere.com
Media Contact
Company Name: Aere Network
Contact Person: Liviu Hrenaru
Email: office@aere.com
Country: United States
Website: https://aere.network/
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Kuvi.ai Launches Private Beta of Agentic Finance OS with Seed Round Led by Moon Pursuit Capital
Experience Greece in the Heart of Chicago – The Yaya Mas Way
Aere Network’s Global Resilience Network (GRN) Gains Momentum Worldwide: Endorsed by Environmental Advocates for Revolutionary Blockchain Solutions in Sustainability and Empowerment by 2030
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