Author: HeraldStar

By Hadia Safeer Choudhry When Donald Trump returned to the White House in 2025, so did one of his hallmark economic tools: tariffs. Wrapped in stars, stripes, and tough talk about American strength, the latest wave of tariffs was intended to bring factories back, narrow the trade deficit, and, once again, “Make America Great.” Now, with the July 9 grace period nearing its end, Trump said on Tuesday that he was not thinking of extending the deadline for countries to negotiate trade deals with the US. Yet, the rising inflation and growing discomfort among allies suggest that the costs of…

By Qaiser Nawab Chairman Belt and Road Initiative for Sustainable Development (BRISD) Since Circle, the world’s second-largest dollar stablecoin company, went public at the beginning of this month, its stock price has risen from the IPO price of $31 to $180 (as of June 27). At a time when the status of the US dollar as the largest reserve currency is being questioned, is the stablecoin a digital rocket booster to consolidate the dollar’s domination, or a spark that will weaken its hegemony? USD stablecoin dominates As a cryptocurrency with an anchored attribute, the US dollar stablecoin, which is anchored…

By Staff Reporter In the remote valleys of Azad Jammu and Kashmir, where echoes of cross-border tension often drown out the voices of youth, one young woman has chosen dialogue over despair. At just 24, HadiaKhan is leading a quiet revolution—using mediation, education, and climate awareness to transform communities long defined by conflict. Hadia, a peacebuilder and legal researcher, works through her initiative under PACTA Lexis, focusing on Alternative Dispute Resolution (ADR) and community mediation. Her programs empower marginalized groups, particularly youth and women, to resolve local disputes peacefully while addressing the broader challenges of climate change and migration. “When…

By Qaiser Nawab, Chairman BRISD The US dollar has experienced its sharpest decline in over five decades, falling more than 10% in the first half of 2025. This marks the worst start to a calendar year for the dollar since 1973, when the Bretton Woods system collapsed. The greenback’s decline is more than just a temporary correction; economists and global investors are interpreting it as a reflection of growing structural vulnerabilities in the American economy. Among the most prominent factors contributing to the downturn are President Donald Trump’s aggressive protectionist trade policies, a rapidly expanding national debt, and increasing political…

By Hadia Safeer Choudhry Amid financial sector uncertainty, non-US dollar currencies from the RMB to the Euro are representing a growing share of sovereign reserves and being used increasingly in trade invoicing. At the World Economic Forum being held in Tianjin this week, economists highlighted that dollar’s dominance—long buttressed by US institutional strength, market depth, and global trust—is under pressure from both inside and outside the US, slowly chipping away at the greenback’s monopoly. A game of trust Over the past five months, the shift away from the dollar has become increasingly evident. The U.S. Dollar Index has plunged roughly…

Shanghai Lingang 2025 International Medical Science and Technology Cooperation Exchange Conference and Oriental Medical Workers Innovation Forum Medical Device Innovation Center in the New District of Lin HongJune 22, 2025 19: 58 Shanghai​​​ On June 21, the Shanghai Linhong 2025 International Medical Technology Cooperation and Exchange Conference and the Eastern Medical Workers Innovation Forum, sponsored by the Medical Device Innovation Center of the Linhong New Area, was held in the Linhong new area. The theme of this conference is “Let the world see China, from Lingang to the global.” It aims to build an international and high-level medical technology cooperation…

Guangzhou, June, 2025 — In a meaningful gesture of international cooperation, Professor Li Zhenwei, one of China’s most prominent logistics experts and Vice President of the China Logistics Planning Institute, hosted Mr. Qaiser Nawab, Chairman of the Belt and Road Initiative for Sustainable Development (BRISD), for a high-level breakfast meeting in Guangzhou. Often referred to as “the first person in China’s logistics planning,” Prof. Li holds multiple key positions including Director at Guangzhou University’s Design Institute, CEO of Guangzhou Lidongwei Logistics Planning Institute, and Deputy Secretary-General of the Guangdong Logistics Association. The meeting brought together a select group of Chinese…

By Qaiser Nawab “Though front-loading by American importers has delayed the full impact of tariffs, the long-term economic drag—marked by hesitant investment, declining capital flows, and inefficient allocation of labor and capital—could ripple through the U.S. economy for a generation or more,” warned Robert Koopman, former Chief Economist of the WTO and now a senior lecturer at American University, at this week’s World Economic Forum (Summer Davos) in Tianjin. As U.S. policymakers double down on reshoring and decoupling, economists warn that short-term political wins could come at the expense of long-term economic vitality. What appears as economic self-reliance may in…

On June 19, the 2025 Education Conference of the “One Belt, One Road” International Medical Education Cooperation Platform was successfully held. China Medical University successfully held the 2025 Education Conference of the “One Belt, One Road” International Medical Education Cooperation Platform and the Second Congress of the Third Council. The theme of the conference was “Educational evaluation for excellence, compassionate caregivers for the future.” Experts and scholars from 10 countries at home and abroad participated in this conference. Fifteen medical education experts and scholars delivered keynote speeches. The meeting was chaired by Professor Qu Bo, a member of the Standing…

Beijing, China- The China Pakistan Medical Association (CPMA) has officially joined the Belt & Road International Medical Education Alliance (BRIMEA) as a new member, marking a significant milestone in China-Pakistan medical cooperation. The announcement was made during the opening session of the 2025 BRIMEA Annual Conference, held in Shenyang, China, where CPMA President Dr. Muhammad Shahbaz served as Co-Chair and participated as a Council Member of BRIMEA. Established on May 26, 2018, and initiated by China Medical University, BRIMEA began as a collaborative platform with the participation of 48 medical education institutions from 15 countries, including Kyrgyzstan, Turkey, Thailand, the…