Reuters World News Trump and Wall Street, Putin unfazed and Chikungunya virus in China
Aug 7, 2025
U.S. President Trump targets banks he claims are politically biased against him. Meanwhile, Putin appears unmoved by sanctions as tensions with the U.S. intensify. In southern China, health officials race to control a chikungunya outbreak during the peak monsoon season, employing creative methods like introducing mosquito-eating fish. The conversation also touches on the changing dynamics of the Federal Reserve and ongoing political investigations in South Korea.
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Trump Targets Banks for Political Bias
- President Donald Trump believes banks discriminate against him and his supporters politically by closing accounts or denying services.
- A draft executive order will direct regulators to investigate such political discrimination in banking.
Putin Unshaken by Trump Ultimatum
- Russian President Putin is unlikely to yield to Trump's sanctions deadline and aims to continue capturing Ukrainian regions.
- Kremlin sources say Russia is ready for more sanctions but believes it can endure them as before.
China Battles Worst Chikungunya Outbreak
- Southern China faces its worst chikungunya virus outbreak, exacerbated by heavy monsoon rains aiding mosquito breeding.
- Authorities release mosquito-eating fish and bigger mosquitoes to control the outbreak but face public concern over quarantines.