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Pacific Current
@pacc.news
24 followers 6 following 210 posts
Your source for clear, and accurate news. No spin, just facts. We are independently operated.
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pacc.news
Opec Plus plans to finalize its major oil output boost in September, ending voluntary reductions by eight key members. This brings back nearly 2.5M barrels/day since April. Saudi Arabia and UAE will reach top output levels.

#OpecPlus #OilNews #EnergyUpdate #WorldMarkets
Exclusive: OPEC+ set to complete big oil output cut unwinding in Sept, sources say
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab Emirates' move to a larger quota, five sources said.
www.reuters.com
July 8, 2025 at 1:36 AM
pacc.news
US stocks fell slightly Monday as new 25% import duties on goods from Japan and South Korea were announced, with more trade actions possible. Tech and consumer stocks led declines. Investors await Fed meeting minutes for updates.

#News #Markets #Trade #Economy #Stocks
Trump announces 25% tariffs on goods from Japan and South Korea beginning Aug. 1
Trump has been talking for a while about ending trade negotiations and sending out letters informing countries about their tariff rates.
www.pbs.org
July 8, 2025 at 1:24 AM
pacc.news
A Kurdish group in northern Iraq will start surrendering weapons in a monitored ceremony July 10-12, marking a major step toward disarmament after decades of conflict. The move follows calls from their imprisoned leader.

#News #Iraq #Kurdish #Peace #Disarmament
Kurdish fighters in northern Iraq to hand over weapons in first step toward disarmament
A Kurdish militant group has announced plans to start disarming as part of a peace process with Turkey.
apnews.com
July 3, 2025 at 7:09 PM
pacc.news
US House passes major tax and spending bill, extending tax cuts, increasing border and defense funding, and raising the debt limit by $5T. The bill may add $3.3T to the deficit and reduces funding for public aid and clean energy. Awaits President Trump’s decision.

#news #USPolitics
House narrowly passes Trump’s megabill in major victory for Republicans
The House on Thursday passed President Donald Trump’s massive tax-and-spending bill, delivering him a major political victory and teeing him up to enshrine much of his sweeping domestic agenda into la...
ground.news
July 3, 2025 at 6:51 PM
pacc.news
China’s Caixin factory index rose to 50.4 in June, signaling growth for the first time in 3 months. New orders lifted output, but exports remained weak. Employment fell, and confidence stayed below average. US-China deal on rare earth trade finalized.

#China #Manufacturing #EconUpdate #News
China's factory activity returns to growth in June, Caixin PMI shows
China's factory activity returned to expansion in June, supported by an increase in new orders that lifted production, a private-sector survey showed on Tuesday.
www.reuters.com
July 1, 2025 at 1:20 PM
pacc.news
Federal agents detained 11 Iranian nationals illegally in the US across eight states. One suspect was on a security watchlist; another was a former Iranian army sniper. Arrests follow recent US-Iran tensions. No credible threats reported.

#News #HomelandSecurity #USIran #PacificCurrentNews
11 Iranian nationals illegally in US arrested: DHS
Eleven Iranian nationals illegally in the U.S. have been arrested, according to the Department of Homeland Security (DHS). According to a Tuesday press release from the DHS, 11 Iranian nationals no…
thehill.com
June 24, 2025 at 6:54 PM
pacc.news
Blasts heard in Tehran after Trump said he convinced Israel to halt further action to uphold a ceasefire. Despite claims of a pause, Israeli media reported a radar site near Tehran was hit. Iran denies missile launches, says Israel violated the truce.

#News #MiddleEast #Geopolitics
Trump says Israel-Iran ceasefire is in effect after deal initially faltered
U.S. President Donald Trump said a ceasefire between Iran and Israel was in effect Tuesday after the deal initially faltered and the American leader expressed deep frustration with both sides.
ground.news
June 24, 2025 at 1:49 PM
pacc.news
Iran launched missiles at U.S. bases in Qatar and Iraq after U.S. strikes on Iranian nuclear sites. Qatar intercepted the attack on Al Udeid Air Base; no casualties reported. U.S. troops in the region remain on high alert. Airspace closed, embassies issued warnings.

#Iran #Qatar #USForces #News
Iran launches attack on US base in Qatar
The alert from the U.S. Embassy in Doha advising Americans to shelter in place came a day after President Donald Trump launched strikes on three high-profile Iranian nuclear facilities.
www.stripes.com
June 23, 2025 at 6:05 PM
pacc.news
Israel struck key gov sites in Tehran, including Evin Prison, after the U.S. entered the conflict with strikes on Iran’s nuclear facilities. Iran vows retaliation but hasn't acted directly on the U.S. yet. Oil prices steady. Talks unsteady w/ Iran leadership.

#MiddleEast #Iran #Israel #Oil
IDF strikes Tehran and airports around Iran
Israeli aircraft struck dozens of locations across Iran on June 23, including reports of a strike on Tehran's Evin prison and barracks in Karaj in ...
www.intellinews.com
June 23, 2025 at 2:05 PM
pacc.news
Trump says U.S. forces struck 3 nuclear-linked sites in Iran, including Fordow. B-2 bombers from Guam were used. All planes returned safely. Iran insists its program is peaceful. No word yet on Israeli involvement.

#BreakingNews #MiddleEast #Iran #USA
US launches air strikes against nuclear sites in Iran
American bombers hit Fordow, Natanz and Isfahan as Trump pulls country into Middle East war
www.ft.com
June 22, 2025 at 1:24 AM
pacc.news
Russia’s economy is nearing a downturn, says Economy Minister Reshetnikov. He urged lower interest rates, warning that current 20% levels risk a recession. Analysts say civilian sectors are already shrinking. Future policy decisions will be key.

#Russia #Economy #InterestRates #Recession #News
Russia on brink of recession, says economy minister
Maxim Reshetnikov says persistent inflation and central bank’s hawkish policy contribute to slowdown
www.ft.com
June 19, 2025 at 10:12 PM
pacc.news
Trump may decide in 2 weeks if the U.S. will act in the Israel-Iran conflict, per WH. He's weighing diplomacy vs. military action. Iran-Israel strikes continue as U.S. urges Iran to halt nuclear efforts. Backchannel talks ongoing.

#MiddleEast #USPolicy #Iran #Israel #Trump #WH #Breaking
Trump to decide on US action in Israel-Iran conflict within two weeks, White House says
The White House said on Thursday that President Donald Trump will make a decision on whether the U.S. will get involved in the Israel-Iran conflict in the next two weeks.
ground.news
June 19, 2025 at 10:11 PM
pacc.news
At least 16 killed, 124 injured as Kyiv hit by Russia’s deadliest strike this year. Over 440 drones, 32 missiles launched; residential areas among targets. Ukraine calls for global response. One killed in Odesa. Russia claims military targets.

#Ukraine #Kyiv #RussiaStrike #DroneAttack #G7
Russia's deadliest attack on Kyiv for months kills 15 and wounds dozens
A drone smashed into an apartment block in the Ukrainian capital, destroying dozens of flats.
www.bbc.com
June 17, 2025 at 1:45 PM
pacc.news
At least 51 dead, 200 injured after Israeli tanks fired near a crowd waiting for aid in Khan Younis, Gaza, medics say. IDF confirmed firing, says incident is under review. Death toll across Gaza that day rose to 65.

#Gaza #Israel #MiddleEast #AidCrisis #HumanitarianCrisis #News #Palestine #IDF
Israeli forces kill 51 Palestinians waiting for flour at Gaza aid site, witnesses and rescuers say
It is potentially the deadliest of the almost daily shootings that have been taking place recently near aid distribution sites.
www.bbc.com
June 17, 2025 at 1:44 PM
pacc.news
At least 21 Palestinians killed, ~170 injured near Gaza aid site Sunday, health ministry says. Witnesses blame Israeli fire; IDF denies. Red Cross reports 179 casualties. UN warns of famine risk. Ceasefire talks ongoing.

#Gaza #Palestine #HumanitarianCrisis #MiddleEast #Israel #News
Red Cross says at least 21 killed and dozens shot in Gaza aid incident
Reports say an incident occurred in Rafah in the early hours of Sunday as people were queueing for aid.
www.bbc.com
June 2, 2025 at 1:03 PM
pacc.news
Sanofi will acquire U.S.-based Blueprint Medicines for up to $9.5B to expand in rare immunology. The deal includes Ayvakit for systemic mastocytosis, plus pipeline treatments elenestinib and BLU-808. Closing expected Q3.

#Sanofi #BlueprintMedicines #RareDisease #Immunology #PharmaNews
Sanofi to buy US biopharma group Blueprint for up to $9.5 billion
France's Sanofi has agreed to buy U.S.-based Blueprint Medicines Corporation for up to $9.5 billion to boost its position in rare immunology diseases, in the biggest deal struck by a European healthcare company so far this year, according to LSEG data.
www.reuters.com
June 2, 2025 at 1:02 PM
pacc.news
U.S. & China agree to 90-day tariff cuts—U.S. drops from 145% to 30%, China from 125% to 10%. Markets rally: Dow +1,100, S&P +3%. Many key trade issues unresolved.

#TradeNews #USChina #Markets #GlobalEconomy #Tariffs #Finance
What's next with Trump's trade war truce with China
President Donald Trump’s agreement with China to temporarily slash tariffs for 90 days offered the world a bit of welcome relief.
apnews.com
May 12, 2025 at 10:32 PM
pacc.news
Israeli-American Edan Alexander has returned to Israel after being released by Hamas. His release comes amid ongoing negotiations and efforts to secure the freedom of remaining hostages.

#EdanAlexander #Israel #Hamas #HostageCrisis #MiddleEast #BreakingNews
Israel says has not agreed Gaza ceasefire over U.S. hostage release
The release of Edan Alexander, the last surviving U.S. hostage held in Gaza, was expected on Monday, a day after Israel was told of Hamas' decision to do so in a goodwill gesture to President Donald Trump.
www.reuters.com
May 12, 2025 at 10:29 PM
pacc.news
Russia held a major military parade marking 80 years since Nazi Germany's defeat. Putin stood with Xi as drones, tanks, and 11,500 troops marched. Ukraine conflict loomed in the background. Zelensky criticized the event as propaganda.

#Russia #VictoryDay #Ukraine #WWII #Geopolitics #News
Russia and China mark victory in WW2 as Ukraine war grinds on
Russia marked the 80th anniversary of the Soviet Union's victory over Nazi Germany in World War Two on Friday with a parade attended by China's Xi Jinping amid tight security to guard against Ukrainian attacks after three years of devastating war.
www.reuters.com
May 9, 2025 at 1:36 PM
pacc.news
Cardinal Robert Prevost, a Chicago-born missionary, has been elected pope, taking the name Leo XIV. He becomes the first American pontiff following the death of Pope Francis. White smoke rose from the Sistine Chapel after the conclave vote.

#PopeLeoXIV #Vatican #CatholicNews #Breaking #HabemusPapam
Pope Leo XIV: Cardinal Robert Prevost becomes first-ever American pontiff
Jesus Christ has a new vicar, Rome has a new bishop, and the Universal Church has a new supreme pontiff. Cardinal Robert Prevost became the first-ever American to become the pope, and he will be known...
ground.news
May 8, 2025 at 5:43 PM
pacc.news
India launched airstrikes on 9 sites in Pakistan after a deadly attack in Kashmir killed 26. Both sides now report drone strikes and aircraft downings. Tensions rise as global powers urge calm. U.S. consulate in Lahore orders shelter-in-place.

#India #Pakistan #Kashmir #News #Geopolitics
Pakistan calls India strike ‘act of war,’ says it downed Indian jets
Pakistan said it reserved the right to respond, raising the spectre that the back-and-forth could spiral into all-out conflict between the nuclear-armed rivals.
ground.news
May 8, 2025 at 5:42 PM
pacc.news
Defense Sec. Hegseth orders 20% cut to 4-star officers, part of broader Pentagon shakeup. National Guard & other top ranks also face reductions. Realignment of global commands under review. Critics warn of risk to readiness.

#Defense #Pentagon #MilitaryNews #USPolitics #NationalSecurity
Hegseth orders military to shed 20% of its 4-star officers as part of deep Defense Department cuts
The Army confirmed that there will be a military parade on Trump’s birthday in June, which officials say will cost tens of millions of dollars.
fortune.com
May 6, 2025 at 4:25 PM
pacc.news
Canada PM Mark Carney meets with Trump to address tariffs, trade tensions, and U.S. claims Canada should be the “51st state.” Talks focus on economic pressure and sovereignty. $2.7B in daily trade at stake.

#Canada #USPolitics #Trade #MarkCarney #Trump #NewsUpdate
What Canada's Mark Carney can expect when he meets Trump
The BBC's Anthony Zurcher looks at how past Oval Office meetings could set the tone for the prime minister's visit to Washington.
www.bbc.com
May 6, 2025 at 4:24 PM
pacc.news
Ukraine may sign a mineral resources deal with the U.S. as early as tonight. Deputy PM Svyrydenko is in the U.S. to finalize it. Kyiv says prior U.S. aid won't count toward the deal and EU laws will be respected. Talks began with a memo on Apr 18.

#Ukraine #USnews #GlobalPolitics
Kyiv is ready to sign resources deal with US, Ukraine government source says
Ukraine is ready to sign a resources deal with the United States and could do so later on Wednesday, a Ukrainian government source told Reuters.
www.reuters.com
April 30, 2025 at 12:44 PM
pacc.news
UPS beat Q1 profit estimates but will cut 20,000 jobs, close 73 buildings, and lower Amazon volumes. It expects $3.5B in 2025 savings amid economic uncertainty.

#UPS #BusinessNews #Earnings #Logistics
UPS to Cut 20,000 Jobs After Amazon Breakup
The package giant is shrinking its workforce and closing facilities after a shift away from its biggest customer.
www.wsj.com
April 29, 2025 at 1:23 PM