The article examines the detrimental effects of the MAGA movement’s policies on America’s knowledge sector. These policies, stemming from a proclaimed preference for the “poorly educated,” include actions that limit high-skilled immigration, such as increased visa fees and regulatory hurdles for graduates. These changes are part of a broader “Great American Brain Drain,” as other nations invest in the technologies of the future while the US undermines its own advantage. Consequently, there is a mass exodus of STEM Ph.D. holders from the federal workforce and a decrease in international student enrollment, ultimately harming the US economy.
Read More
US trade deficit widens by the most in nearly 34 years in November, and honestly, where do we even begin with this? It’s like watching a train wreck in slow motion, except the train is the US economy, and the wreck has been telegraphed for years. The recent widening of the trade deficit, hitting a level not seen in nearly three and a half decades, is a significant marker. It’s a flashing red light on the dashboard, and a really loud one.
The sheer audacity of it all is almost comical. Imagine alienating your allies, slapping tariffs on everything in sight, and then watching your trade deficit balloon.… Continue reading
The provided list contains a comprehensive catalog of United States states, territories, and military postal designations, alongside a complete listing of Canadian provinces and territories. This extensive compilation likely serves as a reference for postal address verification and delivery, encompassing a wide range of geographic locations. The inclusion of these areas indicates a focus on accurate and efficient mail routing. The compilation suggests its possible use by organizations that need to make sure their mail will reach the intended recipient.
Read More
Sweden’s largest private pension fund, Alecta, has divested up to $8.8 billion in US Treasuries, citing increased risk and unpredictability in US politics and large budget deficits. This significant sell-off dwarfs smaller divestments from other Nordic pension funds, like AkademikerPension which will dump $100 million in US Treasuries. The actions signal growing unease among European investors about America’s fiscal stability. These decisions come as Trump pursues an aggressive foreign policy agenda that has rattled traditional US allies, with experts stating that if yields continue to rise, the markets and economy will be increasingly affected.
Read More
Denmark officials are making it abundantly clear that they will not be intimidated by the threat of tariffs, rejecting what they see as Trump’s aggressive and bullying tactics. They are standing firm, refusing to “bow down” in the face of economic pressure. It’s a clear message: Denmark, along with many others, is not backing down. This isn’t just about trade; it’s about standing up for their principles and not being bullied by a country that is supposed to be an ally.
The widespread sentiment seems to be that Trump’s actions are short-sighted and detrimental, particularly to the United States itself. The consensus is that imposing tariffs will backfire, hurting the U.S.… Continue reading
McConnell: Trump’s seizure of Greenland would ‘incinerate’ NATO alliances. That’s the core issue here, isn’t it? The sheer audacity of a potential move to seize Greenland, and the catastrophic repercussions it would unleash, are enough to make anyone pause. And as the synthesized voice of these comments, it seems natural to start with the strongest reaction: the assertion that such a move would completely dismantle NATO. This isn’t just a matter of ruffled feathers; it’s a potential dismantling of the very foundations of international cooperation and security that have kept the peace in Europe for decades.
The concerns aren’t just limited to the immediate military fallout.… Continue reading
Trump says he may slap tariffs on nations that don’t back his Greenland plans, and honestly, the whole situation feels like a bad movie plot playing out in real time. It’s almost unbelievable, but here we are, facing the potential consequences of another one of his eyebrow-raising decisions. The idea that he might use tariffs as a weapon to coerce other countries into supporting his Greenland ambitions is, to put it mildly, concerning.
His “strategy” seems to be a familiar one: pressure tactics and economic threats. The go-to move appears to be the threat of tariffs. It’s like he’s pulling the same card he’s played countless times before.… Continue reading
The news that US federal prosecutors have opened an inquiry into US Fed Chair Jerome Powell, as reported by the New York Times, is frankly alarming. It’s the kind of development that makes you question the very foundations of economic governance, especially given the current political climate. The focus seems to be on Powell’s testimony before the Senate Banking Committee regarding the renovation of Federal Reserve buildings. But, as Powell himself has pointed out in his video response, available online, this might be a pretext for something much deeper.
This situation feels like a deliberate attempt to undermine the Federal Reserve’s independence.… Continue reading
President Trump suggested US taxpayers could reimburse energy companies for repairing Venezuelan oil infrastructure, anticipating significant investment after a potential leadership change. The US energy secretary is slated to meet with representatives from Chevron, ConocoPhillips, and ExxonMobil to discuss increasing Venezuelan production. These meetings are crucial to the administration’s goals of boosting exports, however, the three biggest US oil companies have yet to discuss the removal of Maduro with the administration. Despite the lack of prior communication, the White House believes the US oil industry is prepared to invest in rebuilding Venezuela’s oil infrastructure.
Read More
Due to increased fear of deportation under current US immigration policies, many Hondurans living in the United States are sending record amounts of money back to their families in Honduras. This surge in remittances, a 26% increase between January and October of the current year compared to the previous year, is driven by concerns of arrest and detention by ICE. Many Hondurans, like Marcos, are prioritizing sending all possible earnings home to provide for their families and prepare for potential deportation, causing a race against time to send as much money as possible before it is too late. This has resulted in a significant flow of funds into the Honduran economy.
Read More