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.
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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
Franklin Morgan & Associates Successfully Represented in DIAC Arbitration for $113M Award
New York, NY, 1st August 2025, Franklin Morgan & Associates is proud to announce that in a recent ruling, the Dubai International Arbitration Centre (DIAC) has awarded the firm $113 million in a cross-border commercial dispute. The case created a big stir in the legal community not only because of the scope of the dispute, but also for how it positioned Dubai to the world as a high-value destination for international arbitration.
The arbitration was led by Dr. Shaun Gregory Morgan, a professional with expertise in both legal and financial sectors and decades of experience across various jurisdictions. Although all information about the case and the tribunal decision are protected under DIAC protocol, insiders have confirmed that multiple regulatory and legal frameworks were involved in the case. The process was long and exhaustive, and the tribunal only reached its conclusion after extended arguments from both parties discussing complex matters such as contract enforcement, commercial liabilities, and cross-jurisdictional compliance.
Why is this arbitration such a big deal?
To understand the importance of this ruling, we first need to understand the stature of the institution offering it. The Dubai International Arbitration Centre, aka DIAC, was established in 1994 for resolving complex conflicts in the commercial space, mainly in the Middle East and broader international markets. Backed by the Dubai government, it is trusted by a major section of multinational corporations, governments, and global investors for neutral, efficient, and enforceable arbitration services. Cases that land at DIAC are often complex, cross-jurisdictional, and high-stakes; both financially and reputation-wise.
So, when the DIAC tribunal presents an award of $113 million for a high-profile case, along with the legal victory, it also signifies an appreciation for the intelligence of strategy, integrity of case-handling, and the ability to manage complex disputes. Indeed, most arbitration decisions stay private, but when large sums are involved, they can highlight wider trends in how international disputes are being handled. Legal experts say the size of the award and the proficiency of the process for the case in question could influence how future cross-border disputes are managed in the Gulf region.
Details of the Case
Although DIAC has overseen several sizable settlements in the past, this particular ruling is amongst the largest in its history, capturing the attention of many. There were extensive contractual arrangements involved in the dispute that the legal team had to go through a number of different regulatory channels to get interpreted. The specifics of the dispute have not been publicly disclosed, in line with DIAC’s confidentiality standards. Nevertheless, insider sources have confirmed that it involved multiple claims from several parties, financial transactions across different legal systems across borders, and complicated contracts that required long and detailed arbitration proceedings. The $113 million award reportedly took months of reviewing evidence and back-and-forth legal arguments in front of a panel.
“This was no easy contract dispute. For the regulatory issues alone, it crossed three jurisdictions. We needed to go deep into financial instrumentations and their treatment under international commercial law just to scratch the surface of the matter”, said Dr. Shaun Gregory Morgan, the lead representative for the case. He added that the biggest challenge was aligning the contractual requirements with different local rules and compliance standards.
It is to be noted however that Dr. Morgan and his team’s ability to combine financial expertise with regulatory insight played a key role in shaping the case’s outcome. This also points out how disputes are becoming more interdisciplinary now and, therefore, so are the requirements for their resolutions.
DIAC’s Growing Role in Global Arbitration
Once viewed primarily as a regional forum, the Dubai International Arbitration Centre has increasingly been operating at a much more intercontinental level. The shift is evident not only in terms of the cross-border disputes it administers, but also in the evolving legal frameworks it applies. With ongoing reforms, updated procedural rules, and growing participation from international counsel, DIAC appears to be moving toward a much greater global relevance.
In addition, this $113 million case resolved in the forum now also serves as a benchmark to illustrate the neutrality of the DIAC platform and its enforceability for resolving high-stakes commercial disputes. It is already prompting many businesses, particularly those in Asia, Africa, and the Gulf, to reassess their approach to international contracts. Experts believe that the ruling will influence the structure of all future contracts, especially for companies operating across the region.
The case’s sheer scale, multifaceted nature, and the sizable award have turned it into a huge topic of discussion among all arbitration forums and legal think tanks. So far, no appeals or follow-up proceedings have been reported to be filed. Till now, the award stands uncontested as well. However, legal professionals, investors, and arbitration bodies worldwide are keeping a close watch on the award details and how it may influence subsequent enforcement actions and contract standards across sectors.
Media Details
Name- Franklin Morgan Law P.A
Email- law@franklinmorganlaw.com
Phone- +1-212 202 8535
Website- franklinmorganlaw.com
Address- Level 27, 152 West 57th Street, New York NY 10021
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.
New York, USA, 1st August 2025, ZEX PR WIRE, Mint Miner, the world’s leading intelligent cloud mining platform, officially launched its new XRP Cloud Mining Contracts, offering crypto asset holders a more flexible, environmentally friendly, and hardware-free passive income method. With XRP’s popularity continuing to rise, driven by the craze for cross-border payments and ETFs, the launch of these contracts is timely, marking the deepening of the “cloud income” era for digital assets.
Turning XRP into Daily Cash
As a highly liquid cryptocurrency with low transfer costs, XRP has recently gained favor with both institutional and retail investors. Mint Miner’s newly launched XRP Cloud Mining Contracts allow users to purchase cloud computing power directly with XRP, without the need to convert it to BTC or fiat currency. This reduces transaction friction and significantly improves asset operation efficiency.
Mint Miner uses a smart contract mechanism to automatically allocate user-deposited XRP to green energy mining data centers deployed in North America and Europe. This platform generates stable daily returns, which are automatically returned to user accounts, truly achieving “deposit, earn.”
Mint Miner’s three core advantages redefine the cloud mining experience.
Zero barriers to entry: No need to purchase mining machines, configure power, or configure network. Register and receive $15 worth of trial computing power, making it easy for even novice users to get started.
AI-driven yield optimization: A built-in AI algorithm analyzes mining pool market conditions in real time and adjusts mining strategies to help users maximize XRP mining returns. Platform data shows that this optimization mechanism can increase average returns by 32-65%.
Green and compliant, secure hosting: All mining nodes are powered by 100% renewable energy and meet North American and EU energy compliance standards. Combined with cold wallet storage and 24/7 risk monitoring, user assets are securely protected.
How to start using XRP to activate Mint Miner cloud mining
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Log in to the official website using your browser: Register for a Mint Miner account. You will receive $15 upon successful registration.
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Deposit XRP (50 XRP is enough to participate) into your platform account and purchase a cloud computing contract that suits you.
Some cloud computing contracts are listed below:
View more Mint Miner cloud mining contracts
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After successfully purchasing, the system will automatically mine for you using the platform’s mining machines. Revenue will be calculated in USD and sent to your account. You can withdraw XRP (or other cryptocurrencies) to your wallet address.
View daily earnings, purchase cloud computing contracts, and withdraw funds anytime on your phone.
XRP + Mint Miner Cloud Mining: A Profitable Tool for the Modern Era
With major asset managers planning to launch XRP ETFs, XRP is gradually evolving from a payment tool to a “bond-like” income-generating asset. Mint Miner’s XRP mining contracts align perfectly with this trend, offering an alternative financial instrument that generates cash flow through on-chain operations, independent of price fluctuations.
Financial analysts point out that “In the current environment of seeking stable returns, XRP cloud mining may become an ideal supplement to ETF allocations, especially for long-term holders seeking to ‘value-add’ their assets.”
About Mint Miner: Mint Miner is a UK-based blockchain cloud mining platform specializing in providing AI-driven, green energy-powered cloud computing services. With over 5 million registered users in over 180 countries, the platform supports cloud mining of major cryptocurrencies such as BTC, ETH, XRP, and DOGE, striving to create a “digital asset cash flow portal accessible to everyone.”
Contact Us
Official website: https://mintminer.com/
Official email: info@MintMiner.com
Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
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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
BTCMiner Cloud Mining Platform Stands Out as the Most Stable Choice in the Volatile Second Half of 2025
A recent announcement from the U.S. government revealed plans to implement a new tariff policy across several major trading countries, effective August 1, 2025, with tax rate increases ranging from 15% to 20%. This policy is widely seen as adding further pressure to the global economy, particularly amid ongoing challenges like high inflation and consumer spending contraction.
Economists are concerned that this new round of tariffs could disrupt global supply chains and negatively impact traditional investment markets, such as real estate, gold, and stocks. As a result, investors are increasingly turning to the cryptocurrency sector to explore alternative assets with greater resilience to market volatility.
In July, the U.S. government officially approved a policy allowing pension funds to allocate investments to cryptocurrency assets. This decision not only legitimizes the crypto market for compliant funds but also signals the U.S.’s shift toward becoming a global hub for crypto finance.
Analysts suggest this policy could unlock hundreds of billions of dollars in potential investment, providing long-term upward momentum for major cryptocurrencies like Bitcoin, Ethereum, and XRP.
- Traditional Mining: Requires purchasing mining equipment, securing electricity, setting up systems, and troubleshooting issues, which is costly and technically complex.
- Cloud Mining: Involves purchasing contracts on a platform, placing orders with one click, and letting the platform handle operations and settle profits every 24 hours.
The spokesperson also introduced some platform advantages:
- In order to help more new users join with zero threshold, new users will enjoy a $500 reward upon registration, creating a platform where everyone can participate in the growth of crypto assets
- The only network that launches principal and interest guaranteed contracts, orders are placed to lock principal and interest, and are not affected by market fluctuations
- Support BTC, ETH, USDT, XRP, TRX Recharge and withdrawal of mainstream crypto assets, daily automatic settlement, withdrawals in seconds
- Users do not need to buy mining machines or set up mining farms. The platform runs automatically and is intelligently scheduled, making it easy for everyone to mine
- Computing power is deployed in green energy mines such as hydropower, wind power, and solar energy, which is low-carbon and environmentally friendly, responding to the global trend of sustainable development
- 7×24 hours online customer service, supporting multi-language services, no matter where you are, you can get professional assistance and security
Joining the BTCMiner platform is very simple:
Getting started is straightforward:
- Visit the official website to register: https://btcminer.cfd.
- Choose a contract from dozens of flexible options tailored to various investor needs. Platform data indicates that 1-30 day contracts are the most popular.
- After placing an order, profits are automatically settled within 24 hours. Users can monitor earnings, order transactions, and withdrawals in real-time via the dashboard.
New users can also purchase multiple contracts at the same time. Each contract runs and settles independently
Some BTCMiner contracts are displayed: Click here to view more contracts and details
BTCMiner also launched an invitation reward system. Not only can you get income by purchasing contracts, but you can also get extra rewards by inviting friends to join
With Bitcoin expected to break through $150,000 this year, BTC Miner cloud mining has opened the door to digital wealth for ordinary people
Join now, it is the best time to grasp the trend and participate in the global wealth redistribution
Media Contact
Company Name: BTCMiner
Location: London, UK
Website: https://btcminer.net
Contact Email: info@btcminer.net
Contact Person: Victoria Langford
Disclaimer
This article is for informational purposes only and does not constitute investment, financial, or legal advice. Cryptocurrency mining and investing carry significant risks, including price volatility and potential loss of funds. Past performance is not indicative of future results. Readers should conduct thorough research and consult professionals before making decisions. The author(s) and publisher(s) are not liable for any losses.
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.
Franklin Morgan & Associates Successfully Represented in DIAC Arbitration for $113M Award
Mint Miner Launches XRP Cloud Mining Contracts, Opening a Low-Entry, High-Yield Model
BTCMiner Cloud Mining Platform Stands Out as the Most Stable Choice in the Volatile Second Half of 2025
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