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Showing posts from February, 2025

Walmart's Resurgence Amid Amazon's Threat: America's Retail Giant's Comeback

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Walmart strengthens its market position by expanding its customer base and focusing on product competitiveness / Reuters Walmart, the largest retail company in the United States, is experiencing a notable resurgence in the face of increasing competition from e-commerce giants like Amazon. Once feared to be outdated in the online shopping era, Walmart has managed to defy expectations by leveraging aggressive investments and strategic product innovations to regain its dominance in the American retail landscape. Walmart Gaining Momentum: Stock Rises 16% This Year Recent reports from financial news outlets such as the Wall Street Journal (WSJ) and the Financial Times (FT) highlight how Walmart has successfully reclaimed market share across various income brackets, from low-income to high-income consumers. Once overshadowed by Costco and Amazon, Walmart’s strategic shift has allowed it to become a major player in U.S. retail once again. The company's stock saw a remarkable 72% rise l...

AP Reporters Blocked from Air Force One Over Gulf of Mexico Naming Dispute

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White House escalates conflict with Associated Press over geographic terminology, citing First Amendment concerns The Trump administration recently barred an Associated Press (AP) reporter and photographer from boarding Air Force One for a trip with President Donald Trump, citing the news agency's stance on how to refer to the Gulf of Mexico. The dispute marks a significant escalation in tensions between the White House and the AP over press access to presidential events. This incident, which occurred on Friday, is part of a broader four-day dispute between the administration and the AP. The conflict centers on the AP’s refusal to adopt the term “Gulf of America,” a name Trump ordered to replace the historically recognized “Gulf of Mexico.” The Gulf of Mexico has been known by this name for centuries and remains the preferred term for many news outlets worldwide. However, the Trump administration insists on using the new designation within the U.S. The AP, one of the most influe...

Vietnam's Trade Surplus with the U.S. Reaches Record $123.4 Billion in 2024, a 18% Increase – World's 4th Largest

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Vietnam's trade surplus with the U.S. marks a significant milestone, positioning the country as a global leader in trade relations. In 2024, Vietnam recorded a trade surplus of $123.46 billion with the United States, marking an 18% increase from the previous year. This surge was reported by major outlets like MarketWatch and Straits Times on February 6, citing data from the U.S. Department of Commerce. The figure represents a new all-time high for Vietnam's trade balance with the U.S. and positions the Southeast Asian country as the fourth-largest trade surplus holder globally, following China, the European Union (EU), and Mexico. In total, Vietnam’s exports to the U.S. reached approximately $136.56 billion, while its imports from the U.S. amounted to $13.1 billion. This resulted in a significant trade surplus, making Vietnam one of the largest net exporters to the U.S. In comparison to other nations, Vietnam's export growth has been particularly notable, reflecting its...