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Overseas Headlines – September 05, 2025

September 05, 2025

United States:

Weak US Payroll Gain of 22,000 Cements Case for Fed Rate Cut

US job growth cooled notably last month while the unemployment rate rose to the highest since 2021, fanning concerns the labor market may be on the cusp of a more significant deterioration.

Nonfarm payrolls increased 22,000 in August, according to a Bureau of Labor Statistics report out Friday. Revisions showed employment shrank in June — the first payrolls decline since 2020. The jobless rate ticked up to 4.3%.

US Jobs Report August 2025: Employers Add 22,000 Jobs, Unemployment Rises – Bloomberg

 

Europe:

EU Officials Head to Washington for Sanctions Talks

A day after European countries gathered for a meeting of the so-called coalition of the willing to discuss security guarantees for Ukraine, focus is turning to the next steps on imposing additional sanctions on Russia. European Council President Antonio Costa announced today that EU officials are heading to Washington for talks on sanction measures.

The development comes after Donald Trump delivered a clear message when he phoned into Thursday’s meeting in Paris: Europe needs to stop buying Russian energy.

Trump presses allies on Russian energy imports as ceasefire remains elusive – Bloomberg

 

Asia:

Singapore President Warns of Manipulation by Foreign Actors

Singapore must resist external manipulation from “near and far,” President Tharman Shanmugaratnam said, warning of foreign actors who will seek to advance their agendas in the city-state.

“We can never take our security for granted, especially in an era when tensions can flare up suddenly, in the region and globally,” Tharman said Friday, addressing the first session of parliament since May’s general election. “Foreign actors will seek to influence domestic public opinion to advance their own agendas.”

Singapore President Warns of Manipulation by Foreign Actors – Bloomberg

 

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