Tag Archives: crisis

Bessent halts Argentina crisis as U.S. lifeline upends short bets

Bessent halts Argentina crisis as U.S. lifeline upends short bets

Speculators seeking to profit from the selloffs racing through Argentina’s markets were stopped dead in their tracks by a powerful investor willing to take the opposite side of the trade: The US government. The strong show of support for President Javier Milei from US Treasury Secretary Scott Bessent — first by pledging to use “all options,” and then by announcing …

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Volcanic crisis reveals coupled magma system at Santorini and Kolumbo

Volcanic crisis reveals coupled magma system at Santorini and Kolumbo

Preine, J. et al. Hazardous explosive eruptions of a recharging multi-cyclic island arc caldera. Nat. Geosci. 17, 323–331 (2024). Article  ADS  CAS  Google Scholar  Karstens, J. et al. Cascading events during the 1650 tsunamigenic eruption of Kolumbo volcano. Nat. Commun. 14, 6606 (2023). Article  ADS  CAS  PubMed  PubMed Central  Google Scholar  Rizzo, A. L. et al. Kolumbo submarine volcano (Greece): …

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Shutdown Crisis Tests Trump’s Go-It-Alone Approach to Democrats – The New York Times

Shutdown Crisis Tests Trump’s Go-It-Alone Approach to Democrats  The New York Times Schumer blames Trump for possible shutdown after he backs out of meeting with Democrats  ABC News – Breaking News, Latest News and Videos Affordable Care Act setback: Trump calls off meeting with Democrats  Pittsburgh Post-Gazette Trump cancels meeting with Democrats as prospects for shutdown increase  NPR Top House Dem fires back at …

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Trump’s crime crackdown highlights judge vacancy crisis pushing D.C. courts to the brink

Trump’s crime crackdown highlights judge vacancy crisis pushing D.C. courts to the brink

Washington — The Trump administration has touted its crime crackdown in Washington, D.C., in recent weeks, with increased arrest numbers and reduced violent crime. But the surge of resources to the nation’s capital hasn’t extended to its courts, which have been hampered by judicial vacancies that have led to a backlog of cases and slowed the administration of justice. The …

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JPMorgan’s Jamie Dimon warns growth alone won’t prevent national debt crisis

JPMorgan’s Jamie Dimon warns growth alone won’t prevent national debt crisis

President Trump has touted a range of unusual ways to bring America’s national debt into check: Charging millionaire immigrants for ‘gold card’ visas, his tariff regime, and the creation of the Department of Government Efficiency. But it’s not enough to convince Jamie Dimon that a debt crisis of America’s own making isn’t coming down the line. Dimon, the CEO of …

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Kenvue, the Company Behind Tylenol, Tries to Navigate Its Latest Crisis – The New York Times

Kenvue, the Company Behind Tylenol, Tries to Navigate Its Latest Crisis  The New York Times Wall Street Breakfast Podcast: Kenvue In Focus  Seeking Alpha Evercore ISI cuts Kenvue stock price target to $18 on FDA acetaminophen review  Investing.com Tylenol maker rebounds a day after Trump’s unfounded claims about its safety  Waco Tribune-Herald Johnson & Johnson Stock Weathers Trump’s Tylenol Attacks Better Than Kenvue Amid …

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South Korea's President says US investment demands would spark financial crisis – Hacker News

South Korea’s President says US investment demands would spark financial crisis  Hacker News Exclusive: South Korea’s President Lee says US investment demands would spark financial crisis  Reuters South Korea’s Lee Says FX Swap Needed for US Investment: Reuters  Bloomberg South Korea’s President Lee says U.S. investment demands would spark financial crisis  The Hindu South Korea resists US pressure to finalise ‘Japan-style’ trade deal  Financial Times …

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U.S. Pledges Support for Argentina’s Economy and a Trump Ally in Crisis – The New York Times

U.S. Pledges Support for Argentina’s Economy and a Trump Ally in Crisis  The New York Times Argentina’s finances just got even more surreal  The Economist US says ‘all options’ on table to help stabilise Argentina’s fiscal turmoil  BBC Argentina markets soar after US Treasury pledges support  Reuters US offers financial lifeline to Argentina’s Javier Milei  Financial Times Source link

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Gen Z job crisis: Maybe there are just too many college graduates now

Gen Z job crisis: Maybe there are just too many college graduates now

Amid the debate over AI’s role in limiting job opportunities for Gen Z, there is also the fact that for decades many parents have been encouraging their kids to go to college. That means the share of the workforce with a bachelor’s degree is larger than it was in prior generations, creating a new dynamic for Gen Zers who have …

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Goodwill CEO says he’s preparing for an influx of jobless Gen Zers because of AI—and warns, a youth unemployment crisis is already happening

Goodwill CEO says he’s preparing for an influx of jobless Gen Zers because of AI—and warns, a youth unemployment crisis is already happening

Tech leaders have been quick to squash claims that their AI firms could one day cause significant unemployment. But Goodwill’s CEO Steve Preston says it’s already happening. The charity, which has over 650 job centers, saw over 2 million people use its employment services last year—and it’s getting ready for even more. “We are preparing for a flux of unemployed …

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