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Trump Wants To Set Up A Sovereign Wealth Fund: What Is It?

Eurasia Review Sunday, 6 July 2025 ()
By Brett Rowland

(The Center Square) – President Donald Trump's plan to create a sovereign wealth fund that's the world's envy remains undefined.

In the meantime, Norway's Government Pension Fund Global is among the largest in the world, with more than $1.8 trillion in assets.

In February, Trump told Treasury...
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Donald Trump Donald Trump President of the United States (2017–2021; since 2025)

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Just hours after launching the massive "Operation Black Flag" airstrikes on Houthi targets in Yemen, Israeli Prime Minister Benjamin Netanyahu departs for Washington to meet with President Donald Trump. In his statement before leaving, Netanyahu reaffirmed his mission: to crush Hamas, confront Iran and Hezbollah, bring all hostages home, and ensure Gaza will never again threaten Israel. This marks his third meeting with Trump since the 2024 elections — a critical moment for U.S.-Israel coordination as regional tensions boil over. With fire raining on the Red Sea and new alliances forming, Netanyahu’s visit could reshape the Middle East — militarily and diplomatically. #Netanyahu #OperationBlackFlag #IsraelUSAlliance #MiddleEastWar #Hamas #Iran #Hezbollah #RedSeaCrisis #IDF #BreakingNews #IsraelDefenseForces #USIsrael #HostageCrisis #GazaWar #TrumpNetanyahu #YemenStrikes

Credit: Oneindia    Duration: 02:52Published

'What's the time? Oh look': Musk posts 'arrest counter' of Epstein case; fresh dig at Trump?

Elon Musk posted an "arrest counter" on X, highlighting zero arrests in the Jeffrey Epstein case, seemingly targeting Donald Trump. This follows reports that the..
IndiaTimes
BRICS nations slam Trump tariffs, condemn strikes on Iran [Video]

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Credit: FRANCE 24 English    Duration: 01:45Published
Trump Vs BRICS: Trump Declares Economic WAR On BRICS Allies, Warns 10% Tariffs On ‘Anti-U.S Bloc’ [Video]

Trump Vs BRICS: Trump Declares Economic WAR On BRICS Allies, Warns 10% Tariffs On ‘Anti-U.S Bloc’

Trump Vs BRICS: In a move set to rattle global markets, former President Donald Trump has issued a severe warning to the BRICS nations and their allies. He threatens to impose a blanket 10% tariff on any country adopting what he terms "anti-American" policies backed by the bloc. This declaration comes after the 2025 BRICS Summit in Brazil, where the member nations, now numbering ten, issued a joint condemnation of recent US-Israel strikes on Iranian nuclear facilities, calling them "illegal." The BRICS bloc, now representing 45% of the global population and 35% of the world's GDP, has become a significant geopolitical force. In their summit, they also criticized the West's "double standards" on global terror, specifically citing the Pahalgam attack in Kashmir as an example. This direct reference brings the conflict to India's doorstep. Trump claims the tariff letters for 12 countries are already "signed and ready," though sources suggest this could be a strategic bluff to test the bloc's unity. This escalating tension is rooted in BRICS's core mission: to reduce dependence on the U.S. dollar. With their internal trade hitting $1 trillion in 2025 through local currency systems, the bloc, heavily influenced by China and Russia, is seen as a direct challenge to America's sanctions power and its dominance via institutions like the IMF and G7. For Trump, the bloc's growing anti-West stance and expanding economic influence represents a primary threat to American global leadership, setting the stage for a potential economic war. #BRICS #DonaldTrump #USTariff #BreakingNews #WorldNews #Geopolitics #TradeWar #OneindiaNews #USDollar #Dedollarization Also Read Trump Calls Musk’s America Party Plan ‘Ridiculous’ And ‘Unworkable’ :: https://www.oneindia.com/international/trump-calls-musk-s-america-party-plan-ridiculous-and-unworkable-7793443.html?ref=DMDesc There Should Be No Hesitation In Imposing Sanctions Against Terrorists: PM Modi At BRICS :: https://www.oneindia.com/international/there-should-be-no-hesitation-in-imposing-sanctions-against-terrorists-pm-modi-at-brics-7793415.html?ref=DMDesc America Will Be Richer, Safer, and Prouder: Trump As Big, Beautiful Bill Passes Congress :: https://www.oneindia.com/international/trump-s-big-beautiful-bill-passes-congress-in-big-win-for-us-president-011-7790919.html?ref=DMDesc ~ED.103~HT.408~GR.125~

Credit: Oneindia    Duration: 03:10Published

Trump tariff deadline extended as new threats issued

The date for Trump's tariffs to take effect has been extended, with deals being sent to countries from Monday evening, the president said.
Sky News

Norway Norway Country in Northern Europe

No, Trump hasn't threatened to bomb Norway if he doesn't get Nobel Peace Prize [Video]

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No, Trump hasn't threatened to bomb Norway if he doesn't get Nobel Peace Prize Trump has previously been nominated for the award and has claimed that it is rigged against him. So far, he has never won it. READ MORE : http://www.euronews.com/2025/07/07/no-trump-hasnt-threatened-to-bomb-norway-if-he-doesnt-get-nobel-peace-prize Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

Credit: euronews (in English)    Duration: 01:57Published
Norway reiterates call for swift 'ceasefire, humanitarian aid, negotiations for two-state solution' [Video]

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Credit: FRANCE 24 English    Duration: 13:07Published
NATO Doubles Down! Netherlands Sends Final F-16s to Ukraine — 3 Already Shot Down in War With Russia [Video]

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NATO is stepping up its military backing of Ukraine as the Netherlands ships out its final batch of F-16 fighter jets — but the skies aren't safe. Ukraine has already confirmed the loss of three U.S.-made F-16s in combat. Despite mounting risks, Western nations continue their push to modernize Ukraine’s air force as part of the international fighter jet coalition. Denmark, Belgium, Norway, and the Netherlands are now actively arming Kyiv while transitioning to the F-35s themselves. Is NATO’s bet on air superiority paying off — or are these jets flying straight into danger? #F16Ukraine #NetherlandsF16 #UkraineWar #NATOvsRussia #FighterJets #Zelensky #DutchF16 #UkraineRussiaConflict #AirWar #UkraineDefense #MilitaryAid #WesternSupport #Geopolitics #NATOSupport #UkraineAirForce Also Read Pakistan Air force F-16 crashes in Islamabad during parade day rehearsal :: https://www.oneindia.com/international/pakistan-air-force-f-16-crashes-in-islamabad-during-parade-day-rehearsal-3048159.html?ref=DMDesc Abhinandan Varthamanan: This year, that year, the dog fight which took down a Pak F-16 :: https://www.oneindia.com/india/abhinandan-varthamanan-this-year-that-year-the-dog-fight-which-took-down-a-pak-f-16-3040561.html?ref=DMDesc Pakistan Air Force fighters intercept Kabul bound Spice Jet plane, escort out of its airspace :: https://www.oneindia.com/india/pakistan-air-force-fighters-intercept-kabul-bound-spice-jet-escort-out-of-airspace-2963140.html?ref=DMDesc ~PR.274~HT.408~ED.420~GR.124~

Credit: Oneindia    Duration: 03:07Published
Starmer visits HMS St Albans navy frigate in Oslo port [Video]

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Credit: ODN    Duration: 02:24Published
Starmer joins European leaders for photo at security summit [Video]

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Credit: ODN    Duration: 00:34Published

Howard Lutnick Howard Lutnick American businessman and Commerce Secretary (born 1961)

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Credit: Oneindia    Duration: 03:37Published
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Credit: Oneindia    Duration: 04:36Published
Trump Officials Claim Trade Deal Ended India-Pak Conflict, India Denies Trade Deal Theory [Video]

Trump Officials Claim Trade Deal Ended India-Pak Conflict, India Denies Trade Deal Theory

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Credit: Oneindia    Duration: 03:03Published

Scott Bessent Scott Bessent U.S. Secretary of the Treasury since 2025 (born 1962)

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Credit: Oneindia    Duration: 06:14Published

White House White House Official residence and workplace of the US president

New details emerge on Gaza ceasefire proposal as Netanyahu heads to the White House [Video]

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New details emerge on Gaza ceasefire proposal as Netanyahu heads to the White House Diplomatic efforts are ongoing as US President Donald Trump looks to secure a ceasefire deal between Israel and Hamas. Israel has previously accepted the US proposal, meanwile Hamas has "submitted a positive response" to the mediators. READ MORE : http://www.euronews.com/2025/07/06/new-details-emerge-on-gaza-ceasefire-proposal-as-netanyahu-heads-to-the-white-house Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

Credit: euronews (in English)    Duration: 01:00Published
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A bombshell revelation has rocked the White House, with an anonymous insider claiming that U.S. President Donald Trump's dramatic tariff threats are nothing but a "theatrical show." As Trump pushes for "reciprocal" tariffs up to 70% on 12 unnamed countries, a White House source told Politico the entire process lacks a real deadline and is staged for maximum impact. Letters signed by Trump are set to go out Monday, with offers labeled “take it or leave it.” India is likely among the targets, amid stalled trade negotiations. The move comes even as Trump claims to intensify his trade war rhetoric heading into August 1. With critics questioning the credibility of this “showmanship,” the future of global trade talks just became murkier. #TrumpTariffs #TradeWar #WhiteHouseLeak #FakeThreats #IndiaUS #GlobalTrade #TariffDrama #BreakingNews #TrumpVsIndia #70PercentTariffs #TradeDealFail #PoliticalDrama #TariffShow #ReciprocalTariffs #InsideWhiteHouse #AnonymousSource #TariffDeadline #USIndiaTensions #TrumpLetters #Geopolitics ~HT.410~GR.125~ED.346~

Credit: Oneindia    Duration: 03:31Published

Donald and Melania Trump Kiss at White House on Independence Day

Fireworks were flying between President Donald Trump and First Lady Melania as they celebrated America's Independence Day Friday ... and their lovefest --..
TMZ.com
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In a dazzling celebration of America’s 249th birthday, fireworks lit up the skies across the United States, with former President Donald Trump and the First Lady joining crowds for a spectacular Fourth of July bash. The live event featured booming fireworks, patriotic music, and thousands of flag-waving Americans reveling in national pride. Trump addressed supporters during the festivities, calling it “a celebration like never before,” and hinted at a “brighter future for America.” The fireworks display, beamed live to millions, symbolized unity, freedom, and the enduring American spirit. Held at iconic landmarks and cities nationwide—from Washington, D.C. to Mount Rushmore—this year’s Independence Day event drew massive attendance and online viewership. The night ended with chants of “USA! USA!” echoing through the crowd as red, white, and blue explosions filled the night sky. A true star-spangled spectacle. #July4th2025 #IndependenceDay #FourthOfJuly #FireworksShow #TrumpLive #PatrioticCelebration #America248 #USAUSAUSA #WhiteHouseFireworks #NationalPride #FreedomRings #StarsAndStripes #LiveFireworks #AmericaFirst #TrumpSpeech #FamilyCelebration #RedWhiteBlue #AmericaRising #AmericanTradition #CelebrateFreedom ~HT.318~ED.102~

Credit: Oneindia    Duration: 21:37Published
Fourth Of July: ‘It Was A Disaster In Iran…’ Trump Admits Shocking Setback in Israel-Iran War? [Video]

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U.S. President Donald Trump delivered a highly anticipated Fourth of July address live from Washington D.C. as part of the America250 celebrations, marking the nation’s 249th birthday. In a speech filled with patriotic fervor, Trump honored America’s founding ideals while outlining ambitious plans for the Semiquincentennial in 2026. The president praised military veterans, first responders, and American workers, and touched on recent national victories in border security, energy independence, and economic growth. Trump also teased major upcoming events, including the “Patriot Games,” a sports tournament across all 50 states, and a proposed UFC title fight on White House grounds. His remarks blended national pride with political firepower, reigniting his re-election momentum and rallying his base. The event featured fireworks, military flyovers, and a record crowd waving flags under the D.C. sky — a show of unity and spectacle only Trump could deliver. #Trump #FourthOfJuly #America250 #TrumpSpeech #July4th #IndependenceDay #WhiteHouse #PatriotGames #UFC #MAGA #Fireworks #WashingtonDC #USA #Trump2025 #AmericaFirst #TrumpLive #AmericanDream #Veterans #Semiquincentennial #TrumpRally ~ED.102~HT.318~GR.125~

Credit: Oneindia    Duration: 23:07Published

Saudi Arabia Saudi Arabia Country in West Asia

Iran Attack On Saudi Arabia Breaking: Saudis Deploy THAAD Amid World War 3 Fear | US News [Video]

Iran Attack On Saudi Arabia Breaking: Saudis Deploy THAAD Amid World War 3 Fear | US News

Rising tensions in the Gulf have prompted Saudi Arabia to urgently deploy its US-made THAAD (Terminal High Altitude Area Defense) air defense system amid fresh Iranian threats of missile attacks. Intelligence reports warn that Iran could target critical Saudi infrastructure and American military assets in the region. The deployment underscores deepening security cooperation between Washington and Riyadh, even as US officials privately admit concern about Iran’s expanding missile capabilities. #THAADMissileSystem #SaudiArabiaDefense #USTHAADSystem #THAADInSaudi #MissileDefenseSystem #THAADDeployment #AntiMissileSystem #IranMissileThreat #THAADVsIran #SaudiUSDefense #THAADMissileDefense #MissileDefenceShield #THAADInAction #GulfSecurity #USMissileSystem #MiddleEastTensions #THAADProtection #IranVsSaudi #THAADShield #MissileDefenseTechnology ~HT.410~PR.152~ED.194~GR.124~

Credit: Oneindia    Duration: 03:32Published
Saudi Arabia Ditch Trump For Putin | MBS Wants Russia In Middle East Not USA | Here's Why!!! [Video]

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In a striking display of diplomatic unity, Saudi Foreign Minister Faisal bin Farhan declared that Riyadh welcomes Russia’s role in Middle Eastern affairs during a high-profile press conference with Russian FM Sergey Lavrov in Moscow. The comment signals a major shift in Gulf geopolitics, showing Saudi Arabia's increasing tilt toward Moscow as regional dynamics evolve. Lavrov and Farhan met at the Russian MFA Reception House, emphasizing cooperation on regional security, energy, and investment. Farhan praised Russia’s involvement as “always welcome,” underlining a growing partnership despite global Western efforts to isolate Moscow. The press conference further confirms Russia's expanding clout in the Gulf as the Kremlin strengthens alliances outside the West. The talks come amid heightened tensions in the region, and suggest Saudi Arabia is now playing a more independent, multi-vector diplomatic game — balancing its ties between Washington, Moscow, and Beijing. #SaudiArabia #Russia #Lavrov #FaisalBinFarhan #MiddleEast #Geopolitics #Putin #RussiaSaudiTies #Diplomacy #Moscow #SaudiFM #RussiaNews #GulfPolitics #BRICS #SaudiRussiaRelations #MiddleEastPolicy #EnergyPolitics #GlobalSouth #ForeignAffairs #WorldNews ~HT.410~ED.420~

Credit: Oneindia    Duration: 03:20Published

Saudi sports investor Surj goes extra mile for $20m triathlon stake

The sports investment arm of Saudi Arabia's sovereign wealth fund is buying a stake in the body which organises professional triathlons around the world.
Sky News
‘An Unacceptable Escalation…’ World Leaders ‘Condemn’ US Strikes On Iran | Iran-Israel Conflict [Video]

‘An Unacceptable Escalation…’ World Leaders ‘Condemn’ US Strikes On Iran | Iran-Israel Conflict

A global wave of condemnation is rising after the U.S. launched strikes on Iranian nuclear sites, sparking fears of a wider war. Nations including Pakistan, Iraq, Venezuela, Cuba, Saudi Arabia, and Oman condemned the move, calling it a violation of international law. UN Chief Antonio Guterres warned of “catastrophic consequences,” urging diplomacy over force. As international pressure mounts on Washington and Israel, Iran gains growing diplomatic support, shifting the global narrative. A call for de-escalation echoes worldwide as the Middle East teeters on the brink. #IranUnderAttack #USStrikesIran #WorldCondemnsUS #MiddleEastCrisis #IranNuclearSites #UNCharter #StopTheWar #InternationalLaw #TehranSupport #IranAllies #UNStatement #GuterresWarning #QatarIran #PakistanIranSupport #GlobalCondemnation #NoToWar #DiplomacyNotWar #SaudiConcern #IraqStatement #IranSolidarity Also Read As Iran Hormuz Strait Threat Looms, India Shifts Crude Sourcing; Boosts Russian & US Oil Imports in June :: https://www.oneindia.com/india/as-iran-hormuz-strait-threat-looms-india-shifts-crude-sourcing-boosts-russian-us-oil-imports-7780079.html?ref=DMDesc PM Modi Dials Iranian President Pezeshkian, Urges De-escalation After US Strikes On Nuclear Sites :: https://www.oneindia.com/international/pm-modi-dials-iranian-president-pezeshkian-urges-de-escalation-after-us-strikes-on-nuclear-sites-7780053.html?ref=DMDesc The Strait of Hormuz: Lifeline of Global Energy and India’s Strategic Challenge Amid US Attacks on Iran :: https://www.oneindia.com/international/the-strait-of-hormuz-lifeline-of-global-energy-and-india-s-strategic-challenge-amid-us-attacks-on-i-7779999.html?ref=DMDesc ~HT.410~ED.346~GR.124~

Credit: Oneindia    Duration: 03:14Published

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