Lagarde will need to manage expectations carefully, HSBC economist Fabio Balboni warned, since ruling cuts out completely could drive up borrowing costs across the eurozone, including in France. “Many countries in Europe face tough fiscal challenges, especially France,” Balboni said. “They simply can’t afford” to spend more money just on interest payments. The situation Balboni describes is something economists call …
Read More »NYC Mayor Race: Mamdani Talks ‘Intifada’, Taxes in Grilling by Business Leaders Bloomberg.com Mamdani Says He Will ‘Discourage’ the Term ‘Globalize the Intifada’ The New York Times New York’s Zohran Mamdani wins over some of the city’s business elite Financial Times Mamdani expected to clarify his position on ‘globalize the intifada’ Politico Zohran Mamdani sticks to socialist guns, ‘Tax the rich’ plan during highly …
Read More »UNITED NATIONS (AP) — Mike Waltz, President Donald Trump’s nominee for U.S. ambassador to the United Nations, is facing questioning Tuesday from lawmakers for the first time since he was ousted as national security adviser in the weeks after he mistakenly added a journalist to a private Signal chat used to discuss sensitive military plans. The Republican former Florida congressman …
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