Global Central Banks Gird Themselves for Another Trump Term
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Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 7h -
Mark Carney to replace Trudeau as Canada’s prime minister
Former central bank head accuses Donald Trump of attacking Canadian workers and familiesFinancial Times - 1d -
Coinbase to make comeback in India as opposition to crypto eases
Central bank has long opposed digital coins but Modi government is now more open after Trump's endorsementFinancial Times - 9h -
US will be ‘central’ to climate fight even without Trump, says Cop30 president
André Corrêa do Lago suggests US organisations can play a constructive role even if government limits participation. The US will be “central” to solving the climate crisis despite Donald Trump’s ...The Guardian - 1d -
Packers, OL Aaron Banks agree to 4-year, $77 million deal: Report
Jordan Love is getting another solid guard this fall. The Packers struck a four-year, $77 million deal to land 49ers offensive lineman Aaron Banks, according to the NFL Network.Yahoo Sports - 19h -
Trump’s first 50 days: Stocks suffer worst start to a presidential term since 2009
The first 50 days of President Donald Trump’s second term brought heightened volatility to financial markets already worried about slowing economic growth in the world’s largest economy.MarketWatch - 23h -
US exits fund that compensates poorer countries for global heating
Trump pulls out of Cop28 loss and damage deal that recognises harms done by richer, polluting economies to vulnerable nations. The Trump administration has withdrawn the US from a global agreement ...The Guardian - 4d -
Trump’s USAid cuts will have huge impact on global climate finance, data shows
Campaigners say funding halt is a ‘staggering blow’ to vulnerable nations and to efforts to keep heating below 1.5C. Donald Trump’s withdrawal of US overseas aid will almost decimate global climate ...The Guardian - 1d -
Trump's terms for restarting Ukraine aid are still murky
"The president of the United States did not say it has ended. He said it is paused," said U.S. envoy to Ukraine Keith Kellogg.CBS News - 1d -
Trump's second term hit by looming budget showdown
The battle over the budget comes to a head this week as the continuing resolution passed late last year expires Friday. If Congress fails to act before the deadline, the federal government will ...The Hill - 3h -
Stocks take another tumble after Trump's weekend comments on inflation
The stock market nosedived after the opening bell on Monday amid President Trump's remarks over the weekend that inflation could continue to rise. CBS News chief White House correspondent Nancy ...CBS News - 1d -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 23h -
Christians Are Pressing Trump to Clear a Path for Israel to Annex the West Bank
Some 80 percent of white, evangelical Christians voted for President Trump. Now, some want a policy change that could undermine a future Palestinian state.The New York Times - 2d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 3d -
Tuberculosis Resurgent as Trump Funding Cut Disrupts Treatment Globally
The United States was the major funder of tuberculosis programs. Now hundreds of thousands of sick patients can’t find tests or drugs, and risk spreading the disease.The New York Times - 3h -
Trump 2nd term live updates: Trump defends tariffs, declines comment on Ukraine aid
President Donald Trump signed an executive order on Friday limiting who is eligible to benefit from the Public Service Loan Forgiveness program.ABC News - 1d -
Risk of ‘Trumpcession’ rising, economists say, as global markets fall
Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investors. Business live – latest updates The risk that the US economy will enter recession this year is rising, according ...The Guardian - 1d -
Can Trump launch Iran nuclear deal 2.0 in second White House term?
Trump sent a letter to Iran's supreme leader expressing his desire for a deal.CNBC - 12h -
Trump Organization sues Capital One bank over account closures after Jan. 6 Capitol riot
The Trump companies accuse Capitol One of having "'woke' beliefs that it needed to distance itself from President Trump and his conservative political views."CNBC - 3d -
Trump is targeting China-made containerships in new flank of global economic war on the oceans
China dominates shipbuilding for the ocean freight market, and President Trump has plans to exact economic punishment to bring the business back to the U.S.CNBC - 5h -
President Trump's address to Congress draws 36.6 million viewers, down from first term
Trump gave the longest address to Congress in history. His past speeches got better ratings.Los Angeles Times - 5d -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 2d -
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - 4d -
NHS England looks to slash central staffing by half
Announcement comes as ministers start to bring senior leadership of health service body into central governmentFinancial Times - 1d -
Late Night Takes Stock of Trump’s Effect on the Markets
“In the first Trump term, it took a disease to destroy the economy,” Stephen Colbert said. “This time, he’s the disease.”The New York Times - 13h -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 1d -
Judge denies Pulitzer board’s request to pause Trump lawsuit during presidency
A Florida judge Monday denied the Pulitzer Prize Board’s request to pause President Trump’s defamation lawsuit while he is in the White House, an argument Trump’s lawyers themselves have made in ...The Hill - 5h -
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.The New York Times - 4d -
'There's never been a spotlight like this': Greenland heads to the polls as Trump eyes territory
Donald Trump's vow to take over Greenland has shone a global spotlight on the island's elections.BBC News - 1d -
Trump Organization Sues Capital One for Closing Its Accounts
President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.The New York Times - 3d -
Trump administration moves to drop Idaho emergency abortion case with national implications
The Trump administration is dropping an emergency abortion case in Idaho in one of the administration’s first moves on the issue since President Donald Trump's second term beganABC News - 6d -
Trump 2nd term live updates: White House declines to rule out recession
Canadians who are in the United States for 30 days or longer will soon have to register their information with the United States government.ABC News - 43m -
‘They brought it on themselves’: a new low in US-Ukraine relations
Diplomats gasp as Keith Kellogg claims Zelenskyy to blame for soured relations with America. There was an audible gasp in the room at the Council on Foreign Relations as Keith Kellogg, the White ...The Guardian - 2d -
Trump doubles tariffs on Canadian steel and aluminum; floats 51st state again
Trump adds another 25% to tariff on Canadian steel and aluminum as the trade war between the countries continues to escalate.ABC News - 1h -
Courts grapple with 'King' Trump
The White House sees few, if any, limits on President Trump's executive powers in his second term, but the federal court system is much less sure. Trump's mass firings and dismantling of various ...The Hill - 2d -
As Trump shakes the international order, China casts itself as a model of stability
Even as its economy slows, China is using its annual National People's Congress to present itself as a global stalwart as Trump upends America's alliances.NBC News - 2d -
Dent, Northern Illinois beat Central Michigan 83-81 in double OT
James Dent Jr. scored 36 points to lead the Northern Illinois Huskies, including the game-winning jump shot with one second remaining in double overtime, and the Huskies defeated the Central ...ABC News - 3d -
Mark Carney, ex-central banker, to become Canada's next prime minister
Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader Sunday as the country deals with U.S.NBC News - 1d -
Would Trump Risk a Recession?
The president still believes that his protectionist trade policies will be “great for us” in the long run, but won’t rule out short-term economic pain.The New York Times - 1d -
Canada to choose new leader to face Trump in trade war with US
Former central banker Mark Carney favoured over Chrystia Freeland to replace Justin Trudeau as Liberal party headFinancial Times - 2d