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Subscribe to enjoy similar stories. The second US presidency of Donald Trump will be the most consequential for any president after World War II. This assessment, shared by many analysts, is best articulated by conservative columnist David Brooks.

Donald Trump Inauguration 2025 Guest ListTrump's wife Melania Trump launched her own rival cryptocurrency just ahead of the inauguration ceremony on Monday, January 20. "You can buy $MELANIA now," soon-to-be First Lady Melania Trump posted on X.

high Treasury rates hamper weaker credits from tapping international capital. While a recent surge in US bond yields has abated for now, investors fear the upward moves will resume after President-elect Donald Trump takes office on Monday, given his support for trade-tariff hikes and mass deportations, policies that are considered inflationary.

Donald Trump’s victory in the November US presidential election sparked an immediate rally in markets, with stocks flying, the dollar soaring and Bitcoin leaping off the charts. But just two months later, the Republican is set to return to the White House, and only some of those trades endure.

Subscribe to enjoy similar stories. As Donald Trump prepares to be sworn in as US president on 20 January, an issue uppermost on the minds of policymakers around the world is how to respond to his policies. What will his declared unilateralism do to world trade? If he carries out his tariff threats—particularly vis-a-vis America’s largest trade partners Mexico, Canada and China—will we be back to the doomsday scenario of the 1930s, when world trade shrank due to tariff wars between countries ? What happens to countries like India that see world trade as a key factor in their pursuit of high economic growth—of 7% or more? These are all legitimate questions.

N Sriram Balaji and his Mexican partner Miguel Angel Reyes-Varela bowed out of the Australian Open men's doubles after a second-round loss to the Portuguese pair of Nuno Borges and Francisco Cabral here on Saturday. The closely-contested match ended with a scoreline of 6-7 (7), 6-4, 3-6 after two hours and nine minutes of intense play at Melbourne Park.

SpaceX launched its Starship rocket on its latest test flight Thursday, but the spacecraft was destroyed following a thrilling booster catch back at the pad.

US President- elect Donald Trump eventually prepares to take office for a second term on the date of January 20, numerous significant changes to the US economy are anticipated specifically due to his proposed tariffs. According to GO Banking Rates, US President- elect Donald Trump has pledged to implement a 10% tariff on global imports, a 60% tariff on goods from China and a 25% tariff on imports from Canada and Mexico which could eventually lead to increased prices for everyday household items.

Michigan Governor Gretchen Whitmer on Wednesday warned that potential 25 per cent tariffs on imports from Mexico and Canada suggested by President-elect Donald Trump could harm the US auto sector, boost vehicle prices and benefit China, as per a report.

National Weather Service pushed back its unusually dire warning of critical fire weather until early the following day.

Subscribe to enjoy similar stories. The leader of Canada’s energy-rich province of Alberta, Danielle Smith, met with President-elect Donald Trump and his team at Mar-a-Lago, Fla., this past weekend to try to convince them that a trade war would be bad for both countries. She came home resigned to a fight.

Nvidia has raised worries even as the Biden administration proposed a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries.

The National Weather Service has issued red flag warnings for critical fire conditions through Wednesday, predicting wind gusts up to 113 kilometers per hour in the mountains. “You’re going to have really strong gusty Santa Ana winds, a very dry atmosphere and still very dry brush, so we still have some very critical fire weather conditions out there,” said meteorologist Rich Thompson. The Los Angeles County Sheriff, Robert Luna, confirmed 12 people are missing in the Eaton Fire zone and four in the Palisades Fire zone, with the possibility of more unreported cases. The coroner’s office attributed five deaths to the Palisades Fire and 11 to the Eaton Fire. Officials anticipate the death toll may rise as search teams with cadaver dogs continue to work in the devastated neighborhoods.

The sight of celebrity mansions and movie landmarks reduced to ashes can make it seem like the wildfires roaring through the Los Angeles area affected a constellation of movie stars

Subscribe to enjoy similar stories. The much-awaited boom of consumer spending has not materialized, with demand in both rural and urban areas remaining subdued. Consumer-staple companies have collectively reported less than 5% growth in volumes.

MAGA star Donald Trump wants to Make America Greater Again. In sq kms, that is. We all know of the US annexing nearly 13 lakh sq km of Mexican territory after winning the war with Mexico in 1848; buying 76,800 sq km in present day southern Arizona and southwestern New Mexico — the area known as Gadsden Purchase — from Mexico in 1854; buying Alaska from Russia in 1867; annexing independent Hawaii in 1898; procuring 117 sq km of Guantanamo Bay to set up a US detention camp in 1903, which the Cuban communist government has considered illegal since it came to power in 1959. There's, of course, the United States of America itself, carved out of lands not 'owned' by anyone when it was occupied by Native Americans, then turned into a British colony, and ultimately an independent nation state in 1776 according to Westphalian sovereignty norms invented in 17th century Europe. But less well known is America's territorial losses. The Panama Canal Zone, which it acquired in 1904 from private and public Panamanian owners, was returned to Panama in 1979, formally ceding its control in 1999. In Oceania, Japan-occupied Marshall Islands, which the US occupied after WW2, got its independence in 1979. The same 'transition' model was followed with Federated States of Micronesia and Palau, both of which officially gained independence from US 'trusteeship' in 1990 and 1994, respectively.

Macondo doesn't exist. With the 2024 OTT TV series adaptation of Gabriel Garcia Marquez's 1967 novel One Hundred Years of Solitude capturing audiences globally, the hunt is on once more though. Even though the novel came to the author like a fever dream spent in seclusion in Mexico, Garcia Marquez hails from the (real) Colombian town of Aracataca. The locals are convinced that Macondo is based on it, even though much to their chagrin, none of them were cast in the Colombian production. The OTT platform company spent days in the town looking for inspiration and scouting potential. Aracataca doesn't feature in the series. Neither does any other known town. It's all fiction. A few years ago, we headed to our 'Macondo' — the river-facing Colombian town of Santa Cruz de Mompox. On a Garcia Marquez-inspired journey, we had taken the night bus from Bucaramanga reaching Mompox in the morning. We found the town asleep. The intense mugginess hit us almost immediately as we exited the airconditioned bus. And so did the town's infamous mosquitoes.

Walgreens booked a better-than-expected fiscal first quarter, but the drugstore chain lost $265 million as it closed U.S. stores and continued work to revive its business

Subscribe to enjoy similar stories. US President-elect Donald Trump’s Mar-a-Lago speech on Tuesday explains why the world is bracing for an uncertain future. Trump spoke candidly on a range of issues.

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump's policies could have, indicating that they would be moving more slowly on interest rate cuts because of the uncertainty, minutes released Wednesday showed. Without calling out Trump by name, the meeting summary featured at least four mentions about the impact that changes in immigration and trade policy could have on the U.S. economy. Since Trump's November election victory, he has signaled plans for aggressive, punitive tariffs on China, Mexico and Canada as well as the other U.S. trading partners. In addition, he intends to pursue more deregulation and mass deportations. However, the extent of what Trump's actions will be and specifically how they will be directed creates a band of ambiguity about what is ahead, which Federal Open Market Committee members said would require caution. «Almost all participants judged that upside risks to the inflation outlook had increased,» the minutes said. «As reasons for this judgment, participants cited recent stronger-than-expected readings on inflation and the likely effects of potential changes in trade and immigration policy.» FOMC members voted to lower the central bank's benchmark borrowing rate to a target range of 4.25%-4.5%. However, they also reduced their outlook for expected cuts in 2025 to two from four in the previous estimate at September's meeting, assuming quarter-point increments. The Fed cut a full point off the funds rate since September, and current market pricing is indicating just one or two more moves lower this year.