May 3, 2025 10:27 pm
Full News

Trump Proposes $5.7 Trillion Sovereign Wealth Fund Amid US-China Rivalry

Washington – U.S. President Donald Trump has announced plans to create America’s first national sovereign wealth fund (SWF), which could potentially monetize the $5.7 trillion in assets currently held by the U.S. government. The proposed SWF is seen as a strategic move in America’s escalating geostrategic rivalry with China, although details on the fund’s size and funding mechanisms are yet to be determined1.

Trump’s executive order directs the Departments of the Treasury and Commerce to develop a plan for the fund within 90 days, including recommendations for funding mechanisms, investment strategies, and governance models. The initiative aims to promote fiscal sustainability, economic security, and U.S. leadership on the global stage2.

The creation of the SWF has sparked discussions on its potential impact on international relations and economic competitiveness. While the specifics of the fund remain unclear, it underscores the administration’s focus on leveraging national assets for long-term growth and strategic advantage.

Related News
Real Madrid is The First Billionaire club in Football – Earning 104 Million Euros A Year
Trump Wants An Agreement With Putin-Kim
Brazil Indicts Jair Bolsonaro and 36 Others in Alleged Coup Plot Following 2022 Election Loss
Crystal Meth Trafficking from Myanmar Fuels Australia’s Addiction Crisis
Hayley Atwell to Return to Avengers with a Twist
Islamist Mob Attacks the Largest Book Fair in Bangladesh
Related Posts
Tesla’s European Sales Plummet in April, Deepening Crisis for Elon Musk
UN Workers Protest Layoffs in Geneva
India Takes New Action Against Pakistan
Dhaka Stock Market Loses Tk 17,000 Crore in April
Criminal Cases Against 266 Journalists Spark Concerns Over Press Freedom in Bangladesh
Pakistan’s Defence Minister Warns of Hostile Action Over India’s Indus Water Projects
More News

Syria’s New Leader Ahmed al-Sharaa Vows to Respect Lebanon’s Sovereignty Amid Regional Shifts

DAMASCUS – Just two weeks after rising to power in a sweeping military offensive, Syria’s new leader Ahmed al-Sharaa has emphasized a change in Damascus’ approach to Lebanon, pledging on Dec 22 to cease any “negative interference” in its neighbor’s internal affairs. The comments come as part of a broader regional shift following the dramatic […]

Bilawal Bhutto Issues Stark Warning to India Over Indus Waters Treaty Suspension 

April 26, 2025 — In a fiery address delivered in Sukkur, Sindh, Pakistan Peoples Party (PPP) Chairman and former Foreign Minister Bilawal Bhutto-Zardari issued a stern warning to India following New Delhi’s suspension of the Indus Waters Treaty. Standing beside the Indus River, Bhutto-Zardari declared, “Either water will flow in this Indus, or their blood […]

Washington on high alert ahead of Trump’s inauguration

A 30-mile temporary fence has been erected in Washington as a precaution ahead of Donald Trump’s inauguration. A 30-mile (48 kilometer) long and high temporary fence of black color has been installed. Some 25,000 law enforcement officers have been deployed. Security checkpoints have been set up for millions of spectators. Above all, Washington has made […]

China Warns Trump Against “Mutually Destructive” Tariff War Over Fentanyl Trade

BEIJING – China’s state media issued a stern warning to U.S. President-elect Donald Trump, cautioning that his pledge to impose additional tariffs on Chinese goods over fentanyl trafficking could spark a destructive tariff war between the world’s two largest economies. Trump, set to return to the White House on January 20, vowed on November 25 […]

UK Announces £1.6 Billion Deal for Ukraine to Purchase Air-Defence Missiles

London, UK — British Prime Minister Keir Starmer announced on March 2 a new £1.6 billion (S$2.7 billion) deal that will allow Ukraine to purchase 5,000 air-defence missiles using export finance. The missiles, manufactured by Thales, have a range of over 6km and can be fired from various platforms on land, sea, and air. “This […]

What Does the U.S. State Department Say About Ensuring Press Freedom in Bangladesh?

Washington D.C., December 2024 – The United States has reaffirmed its call for respecting press freedom in Bangladesh and said that cases against journalists there should follow the rule of law. “We believe media freedoms should be respected, and cases against journalists  should follow the rule of law,” U.S. State Department Spokesperson Matthew Miller told […]

Threat to Bomb India’s Central Bank

India’s central bank, the Reserve Bank of India (RBI), has received a bomb threat. On Thursday (December 13) afternoon, an email containing the threat was sent to the official website of the bank. This marks the second such threat in less than a month. According to news agency Reuters, a senior police officer in Mumbai […]

UK issues travel warning to Bangladesh

The United Kingdom has warned its citizens of the risk of terrorist attacks in Bangladesh. The British Foreign Office issued the warning on Tuesday (December 3) in its travel advisory to its citizens to Bangladesh. The updated travel warning said indiscriminate terrorist attacks could be carried out. The attacks may take place in crowded areas, […]

Final Draft of Ceasefire Deal Presented to Israel and Hamas

London, January 13, 2025 – Mediators presented a final draft of a ceasefire deal to Israel and Hamas on January 13, following a midnight breakthrough in talks attended by envoys of both U.S. President Joe Biden and President-elect Donald Trump, according to an official briefed on the negotiations. The draft, presented by Qatar in Doha, […]

Foreign Passport Holders Advising Bangladesh’s Interim Government Raises Concerns

Dhaka, March 11, 2025 – Serious questions have emerged over why foreign passport holders were allowed to assume key advisory roles in Bangladesh’s interim government. Reports indicate that a secret meeting took place in Washington, D.C., in November 2023, under the auspices of a section of the U.S. State Department. The meeting, attended by representatives […]