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Trump-Xi Meeting

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Lavrov: West's aggression and sanctions undermine global order; NATO intercepts missile; UN calls for action on racial hatred; Russia plans orbital station, recalls WWII; Pakistan suggests Putin-Trump-Xi meeting; Russia to build naval vessels; Iran propos
Dringend
Welt·23.05.2026KI-Zusammenfassung

Lavrov: West's aggression and sanctions undermine global order; NATO intercepts missile; UN calls for action on racial hatred; Russia plans orbital station, recalls WWII; Pakistan suggests Putin-Trump-Xi meeting; Russia to build naval vessels; Iran propos

Russian Foreign Minister Lavrov criticized Western aggression and sanctions. NATO intercepted a missile, while the UN urged action against racial hatred. Russia plans an orbital station, recalls WWII, and will raise Ukraine's alleged dirty bomb intentions at the UN. Pakistan proposed a Putin-Trump-Xi meeting. Iran offered uranium enrichment limits, and Russia urged extending the New START treaty. EU anticipates energy crisis due to Iran conflict.

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Taco to Nacho: the new buzzword on Wall Street amid Trump’s trip to China
NACHRICHT
12.05.2026

Taco to Nacho: the new buzzword on Wall Street amid Trump’s trip to China

With a fragile US-Iran ceasefire barely holding, the Strait of Hormuz still blockaded, and all eyes on the upcoming Trump-Xi meeting, investors are embracing a new market narrative: “Nacho”. The acronym – short for “Not a Chance Hormuz Opens” – reflects a growing bet on prolonged gridlock and high oil prices. This marks a sharp pivot from last year’s dominant trade tactic, “Taco” – “Trump Always Chickens Out”, which was born in the chaos of Trump’s tariff blitz and relied on the assumption that...

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SCMP Economy
From ‘Taco’ to ‘Nacho’: the new buzzword on Wall Street as Trump preps for China trip
NACHRICHT
12.05.2026

From ‘Taco’ to ‘Nacho’: the new buzzword on Wall Street as Trump preps for China trip

With a fragile US-Iran ceasefire barely holding, the Strait of Hormuz still blockaded, and all eyes on the upcoming Trump-Xi meeting, investors are embracing a new market narrative: “Nacho”. The acronym – short for “Not a chance Hormuz opens” – reflects a growing bet on prolonged gridlock and high oil prices. This marks a sharp pivot from last year’s dominant trade tactic, “Taco” – “Trump always chickens out”, which was born in the chaos of Trump’s tariff blitz and relied on the assumption that...

S
SCMP Economy