Foreign Exchanges

Foreign Exchanges

FX Week in Review

The Week in Review: August 16-22, 2025

Gaza officially enters famine, DRC peace talks falter, and more

Mellie MacEachern
Aug 24, 2025
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This week, India warmed up to China as relations with the US continued to chill. US President Donald Trump met with leaders on both sides of the Russia-Ukraine war. Hamas announced that it would accept a ceasefire under new terms as famine was declared in Gaza. The Congolese government and the M23 militant group missed their deadline for a peace deal but the mediating Qatari government still expressed optimism about the state of negotiations. And the US moved warships off the coast of Venezuela in what could be the prelude to a military operation.

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Mellie MacEachern
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