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 …
Read More »Tag Archives: crisis
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): …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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
Read More »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 …
Read More »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 …
Read More »