Gifts given to U.S. presidents have long been subject to strict rules, with past leaders unable to keep exotic animals like lions or valuable horses due to legal and ethical concerns. Yet, you might wonder how President Trump plans to accept a luxury $400 million Boeing 747 jet from Qatar, despite constitutional emoluments clauses and […]
Author Archives: Jack Smith
13
May
May
As you consider the recent developments in the US-China trade war, you’ll notice that tariffs have been slashed from suffocatingly high levels, potentially avoiding a self-inflicted recession. You should be aware that while this breakthrough is a positive step, recession risks remain and uncertainty is still high, making it important to stay informed about the […]
13
May
May
As you observe the current state of American politics, you may notice striking similarities between Donald Trump’s actions and those of China’s former leader, Mao Zedong. With Trump’s disruption of institutions and attacks on intellectual elites, some in China are drawing alarming parallels between the two leaders, warning of a potential American-style Cultural Revolution. You […]
13
May
May
Tariffs have long impacted global trade dynamics, and you’ve likely followed the recent developments between the US and China closely. In a significant move, Chinese leader Xi Jinping emphasized that “bullying or hegemonism only leads to self-isolation,” highlighting the dangers of aggressive trade practices just a day after both nations agreed to a temporary truce […]
08
May
May
As you consider the current state of the Washington, DC housing market, you’ll notice a significant surge in homes for sale, with a 25.1% year-over-year increase in active listings. This spike is largely attributed to steep layoffs in the federal workforce, driven by the Department of Government Efficiency (DOGE). You should be aware that this […]
08
May
May
As you await the latest trade news, you should know that President Trump is set to announce a major trade deal with the UK, which could bring relief from historically high tariffs that have threatened the US and global economies. You will want to watch for details on how this deal may exempt the US […]
08
May
May
You need to be aware that Toyota is forecasting a 21% profit decline for the current financial year, highlighting significant challenges ahead for the global automaker. The impact of US tariffs and a stronger yen is weighing heavily on their earnings, despite solid demand for hybrid vehicles. As these factors drive up costs and consumer […]
07
May
May
Just when you think the political and economic landscape can’t get more unpredictable, the drama continues with big promises and vague announcements from the Trump administration. You’re faced with uncertainty about trade deals, rising tariffs, and potential shortages, yet the spectacle goes on. While you watch, it’s important to understand that behind the scenes, decisions […]
World
Xi Jinping set to arrive in Moscow as Putin’s guest of honor ahead of Victory Day military parade
07
May
May
As you watch the developments between Russia and China, you’ll notice that Xi Jinping’s upcoming visit to Moscow marks a significant show of unity between the two nations, with mutual trust and cooperation being the primary focus of the trip, amidst a backdrop of escalating trade tensions with the US and ongoing conflict in Ukraine. […]
07
May
May
Many tensions have escalated dramatically between India and Pakistan following a deadly tourist massacre in Indian-controlled Kashmir. You should be aware that India launched targeted strikes on Pakistan and Pakistan-administered Kashmir, claiming to hit terrorist infrastructure responsible for the attacks. In response, Pakistan alleges it shot down multiple Indian jets, while both sides report civilian […]