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Trump Taps Vaccine Skeptic RFK Jr. for Top Health Role
Washington, Saturday, 16 November 2024.
In a controversial move, Donald Trump nominates Robert F. Kennedy Jr. as Secretary of Health and Human Services. Kennedy, known for his anti-vaccine stance, aims to tackle chronic diseases and reform health agencies, sparking debate over public health implications.
Fed Chief Powell Signals Cautious Approach to Rate Cuts
Washington D.C., Thursday, 14 November 2024.
Federal Reserve Chair Jerome Powell indicates a slow, deliberate approach to interest rate reductions in 2025. Despite inflation nearing the 2% target, persistent pressures and economic strength allow for careful monitoring. Economists anticipate fewer cuts than initially expected, highlighting the delicate balance in managing inflation and economic growth.
COP29 Seeks Trillions in Climate Finance for Developing Nations
Baku, Thursday, 14 November 2024.
The COP29 summit in Baku focuses on securing substantial climate finance for developing countries. Negotiators agree on the need for trillions but debate persists over funding sources and allocation methods, highlighting the urgency of global climate action.
Satirical News Site The Onion Acquires Infowars in Bankruptcy Auction
New York, Thursday, 14 November 2024.
The Onion has purchased Alex Jones’s controversial Infowars platform through a bankruptcy auction. Supported by Sandy Hook victims’ families, the satirical news outlet plans to transform Infowars into a parody site, mocking conspiracy theorists and misinformation peddlers. This acquisition marks a significant shift for the once-influential far-right website.
Matt Gaetz Resigns from Congress Amid Ethics Probe
Washington, Thursday, 14 November 2024.
Rep. Matt Gaetz abruptly resigned from Congress on November 13, 2024, the same day Donald Trump nominated him for attorney general. His resignation effectively halts a looming House Ethics Committee investigation into allegations of sexual misconduct and illicit drug use.
Trump's Economic Plans: A Recipe for Soaring Grocery Prices
New York, Wednesday, 13 November 2024.
Nobel laureate Paul Krugman warns that Donald Trump’s proposed mass deportations and tariffs could significantly drive up inflation, particularly affecting food prices. With undocumented workers comprising a large portion of the agricultural workforce, their removal could lead to severe labor shortages and increased production costs.
Mexico Weighs Retaliatory Tariffs as Trade Tensions with US Escalate
Mexico City, Wednesday, 13 November 2024.
Mexico’s Economy Minister signals potential tariff retaliation if the US imposes steep import taxes. This move could spark a trade war, impacting North American economies and disrupting established supply chains, particularly in the automotive sector.
Veteran Anchor Chris Wallace Exits CNN for Independent Media Ventures
New York, Tuesday, 12 November 2024.
Chris Wallace, 77, is leaving CNN after three years to explore streaming and podcasting opportunities. His departure signals a shift in media trends, as established journalists increasingly move towards independent digital platforms, following figures like Joe Rogan and Charlamagne tha God.
Trump Taps Marco Rubio as Potential Secretary of State
Washington, Tuesday, 12 November 2024.
President-elect Donald Trump is expected to nominate Florida Senator Marco Rubio as Secretary of State. If confirmed, Rubio would become the first Latino to hold this prestigious position, marking a significant shift in U.S. foreign policy. Rubio’s hard-line stance on China, Iran, and Venezuela suggests a more assertive approach to international relations.