Browsing: Donald Trump

Putin congratulates Trump after election win

News Briefing

Russian President Vladimir Putin congratulated Donald Trump on his recent election victory, praising him as a “courageous man” during a speech in Sochi. Putin noted that Trump was “hounded from all sides” during his previous term in office.

Fed’s Powell says Trump can’t fire him

Business

Jerome Powell, the head of the US Federal Reserve, dismissed speculation that former President Donald Trump could remove him from his position when he returns to office in January 2025. Speaking at a press conference after the Fed lowered its key interest rate to 4.5%-4.75%, Powell said he would not step down if asked, adding that the law protects his role from presidential interference.

Continuation of Biden’s approach

Business

China, after decades of mostly export-based growth, must now deal with massive problems of industrial overcapacity. The country is now trying to encourage more domestic consumption and to diversify its trading partners.

Prices for American consumers could be upped

Business

In very traditional Republican terms, he’s talking about tax breaks and reduced regulation. In terms of some of his specific pledges on the economy, he’s talking about getting rid of income taxation on tips and overtime. These things combined have the potential to be quite domestically inflationary, I would say.

‘He’s Don it again’! – Trump wins presidency, declares the US front pages 

News Briefing

Some of the US front pages reflect more updated reports regarding the US election, whilst others, due to time zones, are already old news! 

Only a handful of papers declare Donald Trump on the cusp of winning the election whilst others went to print long before those indications became clear. 

The more updated front pages also highlight the news the GOP has won back the Senate and that Donald Trump appears to have won the popular vote.