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Scorti-Samuel

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   What's the meaning of Scorti-Samuel ? How the name came to be! I loved to play ⚽ at my leisure time. There was so much energy, the youthful drive!, and the opportunity to play. It was pure grace. I started playing as early as age 5, even joining school's soccer team. When I first started learning to play the basics, I would lose goals on attempt and then school team mates would rather jokingly say "he can't score" Literally in their native pronunciation it would be "oh score ti?" It was born out of the chantings that I couldn't just score. I took on the challenge to use their downing name to making sure I got better as a person, they Literally gave me the starting that I needed of Which I truly now appreciate. All the challenge had now brought out a focused youth or young lad going for the goal.  I would basically attend many trainings just to get better. Soon I had scored my first team goal in this new team I had recently being teemed with from a...
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China Trade Deal

 US-China Trade Deal: A Boost to Global Markets

The recent US-China trade deal has sent shockwaves through global markets, with both countries agreeing to significantly reduce tariffs on each other's goods. Here's a breakdown of the deal and its implications:


*Key Terms of the Deal*

- *Tariff Reduction*: China will lower its tariffs on US goods to 10% from 125%, while the US will reduce its tariffs on Chinese goods to 30% from 145%.

- *90-Day Pause*: Both countries have agreed to a 90-day pause on further tariff hikes, aiming to ease trade tensions.

- *Consultation Mechanism*: The US and China will establish a consultation mechanism to discuss trade and economic issues, promoting further negotiations ¹ ² ³.


*Market Reactions*

The trade deal has boosted investor confidence, leading to:

- *US Dollar Surge*: The US Dollar Index jumped over 1% to reach a one-month high, driven by improved risk sentiment and expectations of sustained economic growth.

- *Stock Market Gains*: US futures outperformed European equities, with gains between 2.5% and 3%. Chinese stocks rallied over 1%, while European stock indices saw milder gains.

- *Gold Price Drop*: Gold prices slumped below $3,250, losing over 2% as investors favored riskier assets.

- *Oil Price Increase*: Oil prices rose over 2% to $62.50, driven by expected demand growth due to eased trade tensions ² ¹.

*Implications and Next Steps*

While the deal marks a positive step, uncertainties remain:

- *Details Matter*: The devil lies in the details, and further negotiations will focus on resolving key issues, including the US trade deficit with China.

- *Rate Cuts*: The Federal Reserve's interest rate decisions will be closely watched, with markets pricing out rate cuts for 2025.

- *Global Economic Impact*: The trade deal's success could have far-reaching implications for global economic growth, supply chains, and inflation ³ ².

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