How the Trump Presidency Might Change the Global Economy | naked capitalism
Yves here. I feel as if I am overdue in opining on the Trump win, but there is a tsunami of commentary on it and I aspire to writing something…
Israeli Strikes Killed at Least 40 in Eastern Lebanon, Health Ministry Says
The deadliest strikes hit the Bekaa Valley, which is home to the historic city of Baalbek.
Bank of England Cuts Interest Rates, but Warns Inflation Will Fall Slowly
The central bank said that future cuts would be gradual after spending increases were introduced in the government’s new budget.
Kamala Harris Was the Establishment in an Anti-Establishment Election
It was the wrong time to be the defender and champion of the country’s governing establishment.
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.
Germany’s Coalition Collapses, Leaving the Government Teetering
After months of disputes, Chancellor Olaf Scholz ousted one of his governing partners, adding to the challenges for Europe since Donald Trump’s election.
Rapidly Moving Brush Fire in California Burns Homes and Prompts Evacuations
Firefighters were working on Wednesday to contain fires in Ventura and Los Angeles Counties amid dangerous weather conditions.
2024 Temperatures Are on Track for a Record High, Researchers Find
The new report also says that global warming has hit a threshold, at least temporarily, that countries had pledged to avoid.
From California to the Caribbean: 5 Sunny New Getaways
Sea, desert, gardens and sun: If you’re looking to escape chilly weather, we have some suggestions.
China Braces for a New Era of U.S. Rivalry With Trump’s Return
Beijing is expecting more volatility and competition with the United States, though a lackluster economy may limit China’s options for pushing back.