Tag: politics
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U.S., Canada near final trade deal as Trump tariff deadline looms
Businesses have warned that Trump’s new 50% duties could cripple U.S. their sales if they take effect.
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NATO member Romania scrambles F-16 fighter jets to destroy drone near critical European gas project
It comes weeks after Romania’s Air Force destroyed a Russian drone in its airspace.
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‘A delicate dance’: JD Vance says economic pressure is the best way to achieve Washington’s objectives in Iran
Vance said “what has been true over the last couple of weeks is they felt a lot more pressure than we have.”
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U.S. bond intervention is like ‘paying your mortgage with your credit card,’ JPMorgan’s Sullivan says
The U.S. government’s efforts to manage pressure in the Treasury market risk merely shifting the problem down the road, according to JPMorgan’s James Sullivan.
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Japan’s historic yen intervention has ‘turbo-charged’ the carry trade
Japan’s historic effort to prop up the yen may have had an unintended consequence: giving investors a better opportunity to put the carry trade back on.
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Warsh faces Fed independence test as Bessent moves in on central bank’s turf
Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in coordinating on bonds and the balance sheet.
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Education Department recalculates student loan forgiveness counts, setting some PSLF borrowers back
Many borrowers pursuing Public Service Loan Forgiveness have recently learned that they’re further away from debt cancellation than they’d expected.
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Bessent says U.S. likely won’t restart large-scale Iran combat as it steps up economic pressure
Bessent and President Donald Trump unveiled the economic operation nearly six months into the Iran war, which continues without a clear end in sight.
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Trump says Iran’s economy is collapsing. A former central bank adviser in Tehran pushes back
Iran’s economy is deteriorating under the weight of mounting sanctions, but far from unraveling, a former adviser to Iran’s central bank told CNBC.
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Trump scaling down U.S.-South Korea drills risks more than just joint military readiness
The move by Trump also will start to raise questions about the credibility of Washington’s commitment to alliances.
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