Wednesday, 10 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
President Trump Unveils Plan To Defend 'Golden Dome'
Wednesday, 21 May 2025 05:10 WIB | GLOBAL ECONOMIC |ECONOMIC

President Donald Trump outlined plans for a new defense system dubbed "Golden Dome," highlighting advanced technology, international interest and a projected cost of $175 billion.

 

Key Quotes

Made announcement about the Golden Dome defense shield.

Selected architecture for the Golden Dome.

Will include space-based interceptors.

Canada says it wants to be part of it.

Gold Dome should be operational by the end of my term.

We're helping Israel with their system.

Our technology is more advanced than Israel's.

Bill in Congress to include $25 billion for the Golden Dome.

Talks about a total cost of $175 billion.

Everything in the Golden Dome will be made in the U.S.

Will work with Canada on pricing.

Hasn't discussed the Golden Dome or space with Putin.

Not concerned about reports of Russian military buildup along Finland.

Alaska to be involved in the Golden Dome project.(alg)

Source: FXstreet

RELATED NEWS
Russian Forces Attack Power Plant In Kyiv Region, Ukraine's Energy Ministry Says ...
Monday, 8 September 2025 17:12 WIB

Russian forces attacked a thermal power plant in the Kyiv region as part of an overnight attack, Ukraine's Energy Ministry said on Monday, triggering local power outages and gas outages. The attack c...

China-Russia Pipeline Diplomacy Threatens Trump's Energy Stranglehold...
Thursday, 4 September 2025 20:14 WIB

High-stakes energy diplomacy in Beijing this week signals China's willingness to challenge US President Donald Trump's efforts to isolate Russia and assert US energy dominance. Chinese President Xi J...

Zelenskiy To Urge Allies To Put More Pressure On Russia As New Airstrikes Hit Ukraine ...
Wednesday, 3 September 2025 18:19 WIB

President Volodymyr Zelenskiy will urge stronger pressure on Moscow when he meets with allies in Denmark and France on Wednesday after Russian forces launched a massive airstrike on Ukraine, damaging ...

Xi Jinping Redraws the Geopolitical Map by Embracing Putin and Modi ...
Tuesday, 2 September 2025 19:02 WIB

President Xi Jinping used a mix of friendliness and economic appeal this week to send a clear message to Donald Trump: Beijing has too much global influence for the US to dictate. Cameras captured th...

Bessent defends Trump's move to fire Fed Governor Cook...
Tuesday, 2 September 2025 07:24 WIB

U.S. Treasury Secretary Scott Bessent defended President Donald Trump's removal of Federal Reserve Governor Lisa Cook, saying the central bank has "made a lot of mistakes" even as he stressed its inde...

LATEST NEWS
Gold Rises to Record High Amid Increased Fed Rate Cut Bets

Gold prices advanced to a record high on Tuesday amid rising optimism that the Federal Reserve is set to kick off what will likely be a series of interest rate reductions. Gold futures rose 0.2% to $3,683.70 per ounce, having traded above $3,700...

Oil Advances as Israel's Strike in Qatar Revives Risk Premium

Oil jumped after an Israeli attack in Qatar escalated the conflict in the Middle East, the source of about a third of the world's supplies, increasing the geopolitical risk premium for crude. West Texas Intermediate climbed about 1.5% to...

US Nonfarm Payrolls benchmark revision points to 911,000 decrease in March 2025 level of employment

The US Bureau of Labor Statistics reported on Tuesday that the preliminary estimate of the Current Employment Statistics (CES) national benchmark revision to total Nonfarm employment for March 2025 is -911,000, or -0.6%. The United States (US)...

POPULAR NEWS
Will Nonfarm Payrolls revisions hint at a 50 bps Fed cut next week
Tuesday, 9 September 2025 04:05 WIB

The United States (US) Bureau of Labor Statistics (BLS) will publish the 2025 preliminary benchmark revision to the Establishment Survey Data on...

Russian Forces Attack Power Plant In Kyiv Region, Ukraine's Energy Ministry Says
Monday, 8 September 2025 17:12 WIB

Russian forces attacked a thermal power plant in the Kyiv region as part of an overnight attack, Ukraine's Energy Ministry said on Monday,...

United States Stock Market Rise Ahead Inflation data
Tuesday, 9 September 2025 03:36 WIB

Wall Street kicked off the week with gains on Monday as investors positioned ahead of a data-heavy week that includes two key inflation reports...

Asia markets mostly higher as investors assess Japan PM resignation, eye China trade data
Monday, 8 September 2025 07:32 WIB

Asia-Pacific markets traded mostly higher Monday as investors assessed the resignation of Japan's prime minister and eyed key economic data in the...