Trump Pushes for Lower Rates as Warsh Faces Fed Hike Dilemma

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The Federal Reserve is currently navigating a perplexing economic landscape; however, one aspect has crystallised: Interest rates are poised to rise, likely commencing Wednesday. That presents a challenging situation for Kevin Warsh, the Fed chairman selected by President Donald Trump Read More …

Washington Struggles to Respond to Rising AI Safety Risks

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The discrepancy is notable. On one side, there are warnings regarding existential risk, suggesting a probability of approximately 10 percent for the potential end of civilisation. Conversely, there exists a state of governmental paralysis. The discourse surrounding the erratic and Read More …

Trump Open to Chinese EV Production in US and Rejects Imports

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President Donald Trump indicated a potential openness to permitting a Chinese automotive manufacturer to produce electric vehicles in the United States, contingent upon the employment of American workers, while reaffirming his commitment to uphold the existing US prohibition on imported Read More …

Trump Dismisses AI Extinction Risks, Prioritizes Race Against China

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President Donald Trump dismissed concerns raised by artificial intelligence researchers regarding the technology’s increasing difficulty in control and its potential existential threats, asserting that his primary focus is on preserving a competitive advantage over China. Upon departing Dallas, Trump responded Read More …

Canada Imposes New US Tariffs as Trade War Escalates

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Just after midnight on Tuesday, Canada imposed retaliatory tariffs on US imports, intensifying a protracted trade dispute between the two nations that may harm Republican candidates in the approaching midterm elections. The new levies encompass $20 billion in American goods Read More …

Without Fed rate cuts, Trump will stop trading with top partners

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President Donald Trump issued a warning on Friday regarding the potential cessation of trade with numerous countries unless the Federal Reserve takes action to reduce interest rates. “LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE Read More …

Trump’s Venezuela Oil Deal Won’t Quickly Refill the US Oil Reserve

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President Donald Trump’s unconventional Venezuela oil deal is becoming clearer, yet his strategy to utilise the proceeds to restore America’s depleted emergency energy reserves continues to raise questions. Trump recently stated that America’s new majority ownership stake in 17 Venezuelan Read More …

US-Canada Trade War Heats Up After Talks Collapse

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Trade negotiations between Canada and the United States collapsed unexpectedly on Friday evening, reigniting tensions in the North American trade landscape, as Ottawa pledged to reciprocate Washington’s tariffs. Despite optimistic declarations from both parties regarding the potential for an agreement Read More …