Sunday, April 30, 2017

Tag: Donald Trump

War With China? Effects Of A U.S. Blockade In The South China Sea

“Chinese and Western experts” say a blockade by the U.S. in the South China Sea of China's artificial islands would be an “act of war” according to breathless Wall Street Journal reporters. The New York Times says unnamed “American Navy experts” are calling a blockade “tantamount to war”. Association of...

Trump Reverses Obama’s Mortgage Fee Cuts on First Day

Soon after Donald Trump was sworn in as president, his administration undid one of Barack Obama's last-minute economic-policy actions: a mortgage-fee cut under a government program that’s popular with first-time home buyers and low-income borrowers. The new administration on Friday said it’s canceling a reduction in the Federal Housing Administration’s...

China’s Xi Jinping At Davos, World’s Most Powerful Beggar

Xi Jinping will address the World Economic Forum on Tuesday in Davos, the first time a Chinese leader has done so. Chinese state media tells us he will speak strongly in favor of globalization. That message will be difficult to accept, however, as his country is closing off its market,...

China’s Xi to promote globalization at Davos, not war and poverty

China's President Xi Jinping will promote "inclusive globalization" at this month's World Economic Forum (WEF) in Davos and will warn that populist approaches can lead to "war and poverty", Chinese officials said on Wednesday. This year's forum, from Jan. 17-20, is expected to be dominated by discussion of a surge...

Hungary Plans to Crack Down on All Soros-Funded NGOs

Hungary plans to crack down on non-governmental organizations linked to billionaire George Soros now that Donald Trump will occupy the White House, according to the deputy head of Prime Minister Viktor Orban’s party. The European Union member will use “all the tools at its disposal” to “sweep out” NGOs funded...

Summers Warns of Financial-Crisis Risk From Trump Economic Plans

Former U.S. Treasury Secretary Lawrence Summers attacked the policy proposals of Donald Trump on several fronts, saying the president-elect’s plans for deregulation were setting the stage for the next financial crisis. “The deregulation in some areas like finance is hugely dangerous,” Summers said Sunday in an interview on Fox News Channel....

SoftBank’s First U.S. Investment After Trump Talk Generates 3,000 Jobs

SoftBank Group Corp. Chief Executive Officer Masayoshi Son told President-elect Donald Trump this month he would create 50,000 jobs in the U.S. Money for the first 3,000 positions was announced on Monday. Satellite startup OneWeb Ltd. said it raised $1.2 billion from SoftBank and existing investors, with the Japanese technology...

Donald Trump’s Israel ambassador is hardline pro-settler lawyer

David Friedman opposes two-state solution, backs undivided Jerusalem as capital and has acted for Trump's failing hotels. Donald Trump has named as his ambassador to Israel a pro-settler lawyer who has described some US Jews as worse than concentration camp prisoner-guards. David Friedman, a bankruptcy lawyer who represented the president-elect over...

Why Are the Media Taking the CIA’s Hacking Claims at Face Value?

Despite the CIA’s uninspiring record for the past 70 years, the media are defending the agency for all it’s worth. In 1977, Carl Bernstein published an exposé of a CIA program known as Operation Mockingbird, a covert program involving, according to Bernstein, “more than 400 American journalists who in the...

Making Russia The Enemy

The rising hysteria about Russia is best understood as fulfilling two needs for Official Washington: the Military Industrial Complex's transitioning from the “war on terror” to a more lucrative “new cold war” – and blunting the threat that a President Trump poses to the neoconservative/liberal-interventionist foreign-policy establishment. By hyping the...

Long-shot bid to block Trump arrives at Electoral College Monday

The Electoral College's 538 members gather Monday at 50 state capitols to cast the ballots that matter the most when it comes to electing a U.S. president. Normally sedate affairs that pass with little notice, this year’s proceedings have been injected with a bit of drama and a dash of...

WikiLeaks figure says disgusted Democrat leaked Clinton campaign emails

A WikiLeaks figure is claiming that he received leaked Clinton campaign emails from a “disgusted” Democratic whistleblower, while the White House continued to blame Russian hackers Wednesday for meddling in the presidential election and asserted that Donald Trump was “obviously aware” of Moscow’s efforts on his behalf. Craig Murray, a...

Top U.S. spy agency has not embraced CIA assessment on Russia hacking

The overseers of the U.S. intelligence community have not embraced a CIA assessment that Russian cyber attacks were aimed at helping Republican President-elect Donald Trump win the 2016 election, three American officials said on Monday. While the Office of the Director of National Intelligence (ODNI) does not dispute the CIA's...

Can Corporate Raider Wilbur Ross Deliver on Trump’s Blue-Collar Promises?

Trump's pick for commerce secretary has a track record of saving American jobs. Whether he can bring many back to the Rust Belt remains to be seen. A decade ago, cheap Chinese cloth was hammering American textile makers. Companies like Burlington Industries and Cone Mills, two big U.S. makers of...

Swamp or no swamp, Goldman swims on

The investment bank’s network reaches the White House, again. Consider just this very partial list: Henry Fowler, Robert Rubin, and Hank Paulson, former US Treasury secretaries. Mark Carney, governor of the Bank of England. Mario Draghi, European Central Bank president. Malcolm Turnbull, prime minister of Australia. Bill Dudley, president of...

Lagarde Says Globalization Needs to Have a More Inclusive Face

Supporters of globalization need to develop a new way to promote open markets that relies on smaller trade deals and helps people who are feeling left out, International Monetary Fund Managing Director Christine Lagarde said. “I certainly hope there is not a move toward deglobalization,” Lagarde said Friday in an...

The Coming War on China

When I first went to Hiroshima in 1967, the shadow on the steps was still there. It was an almost perfect impression of a human being at ease: legs splayed, back bent, one hand by her side as she sat waiting for a bank to open. At a quarter...

Petraeus Redux?

The news that President-elect Donald Trump called in disgraced retired Gen. David Petraeus for a job interview as possible Secretary of State tests whether Trump's experience in hosting “The Celebrity Apprentice” honed his skills for spotting an incompetent phony or not. Does Trump need more data than the continuing bedlam...

Egypt’s Unlikely Ardor for Trump: Why Cairo Welcomes His Presidency

More than three weeks after the election, the American public remains divided over Donald Trump's surprise victory. Six thousand miles away, however, one U.S. ally has demonstrated a far more unified response. Egyptians, particularly those of a pro-government bent, are among the world’s happiest people about the Trump win. That...

Obama Is Expanding Trump’s War-Making Powers on His Way Out the Door

From drone strikes to Navy SEALs, the next president will have more lethal options than ever. The scope of war-making authorities and powers available to the Trump administration depends on decisions made by the Obama administration. Two recent news reports shed some troubling light on its approach to the coming...

Obama Expands War With Al Qaeda to Include Shabab in Somalia

WASHINGTON — The escalating American military engagement in Somalia has led the Obama administration to expand the legal scope of the war against Al Qaeda, a move that will strengthen President-elect Donald J. Trump's authority to combat thousands of Islamist fighters in the chaotic Horn of Africa nation. The administration...

Apple in line of fire if trade wars start

Trump's decision to scrap Trans-Pacific Partnership is a lost opportunity for tech. There aren’t many politicians in the US right now who are prepared to shed public tears over abandoned trade deals. So when president-elect Donald Trump declared this week that the US, under his administration, would drop its support for...

The Dark-Money Cabinet

During the Presidential primaries, Donald Trump mocked his Republican rivals as “puppets” for flocking to a secretive fund-raising session sponsored by Charles and David Koch, the billionaire co-owners of the energy conglomerate Koch Industries. Affronted, the Koch brothers, whose political spending has made their name a shorthand for special-interest...

Whither the Iran Deal Under Trump?

How the president-elect might pick apart one of the Obama administration's signature accomplishments. In the aftermath of Donald Trump's upset victory, no foreign policy question looms larger than the fate of the Iran nuclear deal. That central component of President Barack Obama’s legacy was the focus of Trump's contempt on...

New York Times Advocates Internet Censorship

In its lead editorial on Sunday, The New York Times decried what it deemed “The Digital Virus Called Fake News” and called for Internet censorship to counter this alleged problem, taking particular aim at Facebook founder Mark Zuckerberg for letting “liars and con artists hijack his platform.” As this mainstream...

Abe looks to bolster U.S.-Japan alliance at next Trump meeting

NEW YORK – Prime Minister Shinzo Abe, who became the first foreign national leader to meet face to face with U.S. President-elect Donald Trump on Thursday, hopes to produce an agreement to strengthen the Japan-U.S. alliance when they meet next time, according to informed sources. To lay the groundwork for...

Installing a Torture Fan at CIA

President-elect Donald Trump's selection of Kansas Congressman Mike Pompeo, an open aficionado of torture practices used in the “war on terror,” to be CIA director shows that Trump was serious when he said he would support “waterboarding and much worse.” Earlier, there had been a sliver of hope that that,...

Like a double dose of Dubya: Donald Trump’s presidency will be like the George...

The Trump White House already resembles a far more extreme version of the disastrous Bush administration. In yet another post-election example of wish fulfillment, there are rumors circulating that president-elect Donald Trump won’t actually stay in office all four years because he won’t want to do the job. After Trump...
video

Mark Blyth: Global Trumpism and The Revolt Against The Creditor Class

Mark Blyth is a Scottish political scientist and a professor of international political economy at Brown University. At an event on November 9 at Brown's Watson Institute for International and Public Affairs, he spoke about "Global Trumpism" -- a worldwide working-class backlash against harmful macroeconomic trends. "What we have everywhere...

Donald Trump Hopes to Abolish Intelligence Chief Position, Reverse CIA Reforms

Donald Trump's national security team is discussing plans to dismantle the Office of the Director of National Intelligence, the organization that was created in response to the 9/11 attacks, according to an adviser to the president-elect and a former senior intelligence official. The news comes as the current director...

Article Filter Options