Mexico Trade Deal Poses Risk
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Older Frigidaire and Kenmore ranges pose risk of fires, maker warns
The manufacturer has received multiple reports of fires and injuries since the ranges were originally recalled more than a decade ago.CBS News - Top stories -
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The Election Stakes in Mexico
The big question: Will the ruling Morena party get a large enough legislative majority to rewrite the constitution?The Wall Street Journal - World - Mexico -
The Morning Risk Report
U.S. blocks imports from 26 more Chinese companies over forced labor concerns, and the U.S. pitches deal to ease sanctions on Israeli businessman in a quest for metals. Also, Microsoft asks hundreds of China-based AI staff to consider relocating ...The Wall Street Journal - World -
Are the Risks of Marijuana Overhyped or Undersold?
‘The psychiatric hospitals I oversee are consistently occupied by patients suffering from complications due to cannabis.’The Wall Street Journal - World -
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China Is Not Just Another Trading Partner
‘I support free global trade except with countries that cheat and steal and use slave labor.’The Wall Street Journal - World - China -
Britain risks throttling a golden goose
By restricting student visas, the UK is endangering its world-class university sectorFinancial Times - World - United Kingdom -
Agents of manipulation (the real AI risk)
Artificial agents will make our lives better. At the same time, these superpowers could easily be deployed as agents of manipulation.VentureBeat - Tech -
Mexico’s main opposition candidate vows to confront cartels
Xóchitl Gálvez says ordinary people have taken too many bullets under Andrés Manuel López Obrador’s presidencyFinancial Times - Business -
Mexico eyes tax squeeze on banks to raise revenue
New government will need to plug hole in public financesFinancial Times - World - Mexico -
Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
Xi urged to respond with caution to Biden’s trade tariffs
Beijing advisers call on China’s leader to hold ‘moral high ground’ as spat with US intensifiesFinancial Times - World - Joe Biden -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
'Pax Economica' Review: When Free Trade Was Progressive
Early opponents of trade tariffs wanted economic policy to back a radical vision for world peace.The Wall Street Journal - World -
Desperate Biden must debate to win — but there are risks
Trump’s campaign has to guard against dirty tricks.The Hill - Politics - Joe Biden -
Steelmakers warn ministers that UK faces dumping risk
Plans to bring in carbon tax a year after EU will see shipments ‘diverted’ to Britain, industry saysFinancial Times - World - United Kingdom -
Why an uncertain world needs to take on more risk
Scarring from a series of shocks generates a defensive mindset that is holding back growthFinancial Times - World -
USD/SGD's Downward Momentum Starting to Build, Charts Show
USD/SGD’s downward momentum is starting to build after it fell to a low of 1.3421 last week, said UOB Global Economics & Markets Research.The Wall Street Journal - World -
Woman attacked by bull on Mexico beach after ignoring warnings
A bull charged at a woman on a beach in the Mexican state of Baja California Sur over the weekend as horrified tourists watched and warned her to back away.CBS News - World -
Mayoral candidate, five others killed in gunfire at a campaign rally in Mexico
A mayoral candidate and five other people have been killed in a shooting at a campaign rally in the violence-wracked southern Mexico state of ChiapasABC News - World - Mexico -
Mayoral candidate, young girl among 6 shot dead in Mexico
It was unclear whether Lucero López Maza was the intended target of the attack, because shootings have become so common in the area.CBS News - Top stories - Mexico -
Mayoral candidate and five others killed in shooting at campaign rally in Mexico
Young girl was among six people killed in gunfire in an area of Chiapas where shootings have become common and widespread. A mayoral candidate and five other people have been killed when gunmen opened fire at a campaign rally in the ...The Guardian - World -
Mexico City Has Long Thirsted for Water. The Crisis Is Worsening.
A system of dams and canals may soon be unable to provide water to one of the world’s largest cities, a confluence of unchecked growth, crumbling infrastructure and a changing climate.The New York Times - World - Mexico -
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Former ‘Love Island’ stars charged with promoting trading scheme on Instagram
UK’s Financial Conduct Authority accuses ‘finfluencers’ in social media crackdownFinancial Times - Business -
Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
Putin arrives in China's 'Little Moscow' as allies aim to deepen trade
It comes a day after the Russian and Chinese leaders pledged a "new era" of partnership between their countries.BBC News - Top stories - China -
Chaotic House Oversight meeting as Greene, Crockett trade insults
A House Oversight Committee hearing discussion turned personal after Georgia Rep. Marjorie Taylor Greene commented on Texas Rep. Jasmine Crockett's appearance. CBS News congressional correspondent Scott MacFarlane has more.CBS News - Top stories -
‘Bidenomics’ 2.0 or ‘Trumponomics’ 2.0? Both would hurt trade and growth.
Joe Biden and Donald Trump are each pushing a protectionist agenda that weakens U.S. interests at home and globally.MarketWatch - Business -
Chinese Shares End Higher; Commodity Stocks Lead Gains
China’s benchmark Shanghai Composite ended 0.5% higher, as sentiment remained positive following Beijing’s stimulus measures targeting the property sector.The Wall Street Journal - World - China -
As Teen Employee Numbers Rise, So Do Risks of Harassment on the Job
The throng of Gen Z youth new to the workplace face increased risks of sexual harassment at work--a crime officials and prosecutors are warning employers to address.Inc. - Business -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
Meta Faces EU Investigation Over Child Safety Risks
The Digital Services Act, which became active last year,requires social media platforms to work harder to prevent dangerous and illegal content from reaching younger users.Inc. - Business - European Union -
OpenAI’s Long-Term AI Risk Team Has Disbanded
The entire OpenAI team focused on the existential dangers of AI has either resigned or been absorbed into other research groups, WIRED has confirmed.Wired - Tech -
If you’re a woman, this one food slashes your dementia risk by a third
If you’re female and want to avoid dementia, stock up on this.MarketWatch - Business -
U.S. and Iranian Officials Held Indirect Talks in Oman on Risks of a Wider War
The talks were the first since Iran attacked Israel last month in retaliation for its killing of an Iranian general.The New York Times - World -
Companies are trying to attract more smartphone users across Africa. But there are risks
Internet-enabled phones can play a unique role in sub-Saharan Africa, where infrastructure and public services are among the world’s least developedABC News - Tech -
Stocks may rise into the summer. These 3 risks could derail the rally.
Given how stocks have reacted to the latest flurry of mixed economic data, a summertime rally feels almost inevitable. Still, investors would be remiss not to consider the myriad risks that could possibly derail it.MarketWatch - Business