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☆ Investors are ignoring a crucial risk that has Charles Schwab's global strategy chief up at night — and they'll be caught off guard as US stocks lag international equities for years
▼ + stars: | 2024-06-10 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Global stocks, as measured by the MSCI World Index, are up nearly 10% year-to-date. "I see election risks as one of — if not the biggest — risks to markets in the second half of the year." Why international stocks will best the USInvestors should hedge against the potential downsides of populism and geopolitical conflicts by owning a diverse basket of international stocks, Kleintop said. If that pattern holds, foreign firms will take the baton from US equities, which have mostly led global markets since the financial crisis. Advertisement"I wouldn't say that you would want to abandon US equities, or even abandon some of those high-flying tech or AI-related stocks," Kleintop said.

Persons: —, Jeffrey Kleintop, Charles Schwab's, Kleintop, that's, Donald Trump, it's, isn't, Tesla, we've, He'd Organizations: Service, Business, Apple, Meta, Microsoft, Nvidia, International Locations: Europe, United Kingdom, globalism, India, Mexico, Asia, Russia, Ukraine

☆ Liz Truss, Britain’s Prime Minister, Wants to Break America - The New York Times
▼ + stars: | 2024-04-22 | by ( Tanya Gold | ) www.nytimes.com time to read: +2 min

Liz Truss was the prime minister of Britain for 49 days in 2022, an interregnum between Boris Johnson and Rishi Sunak that was so short it was outlasted by a lettuce. If this were the 19th century, Ms. Truss would have perhaps exiled herself to a country estate where peacocks roamed the grounds or fought her enemies with pistols. (In 1809 the foreign secretary, George Canning, was wounded in a duel with the war minister.) A. Disgrace” — but was never really considered a likely leader of the Conservative Party until her predecessor Mr. Johnson almost burned the party down. (Even Mr. Canning, who survived his wounds and eventually became prime minister, lasted longer.

Persons: Liz Truss, Boris Johnson, Rishi Sunak, Queen Elizabeth II, George Canning, Truss, Truss’s, Margaret Thatcher, ”, Johnson, Canning Organizations: Liberal, Liberal Democrats, European Union, Conservative Party, Bank of England Locations: Britain

☆ A defining week set to lay bare the choice in the 2024 election
▼ + stars: | 2024-03-04 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

But Trump and Biden’s turns in the spotlight this week will highlight their all-but-certain rematch, barring health crises or other surprise events. November’s election is already heaping pressure on political and electoral institutions, the Constitution and America’s fragile national unity. The move further delayed the ex-president’s federal criminal trial over election interference, which Trump – who is seeking to push off his trials past the 2024 election – touted as a win. Ahead of a likely general election clash, Trump’s appetite for testing the rule of law and the Constitution is undimmed. While leaders of both congressional chambers have reached a bipartisan spending deal, the tiny GOP House majority means any piece of legislation is a heavy lift.

Persons: Donald Trump, Joe Biden, Trump, Biden’s, Biden, Trump’s, he’s, Sen, Bernie Sanders, Nikki Haley, ”, . South Dakota Sen, John Thune, Mitch McConnell, he’ll, Haley, “, GOP Sen, Markwayne Mullin, CNN’s Dana, there’s, wilder, “ Biden, White, –, Mike Johnson Organizations: CNN, GOP, Colorado Supreme, Supreme, Super, Democratic, Trump, South Carolina Gov, Capitol, Republican, “, Oklahoma, Biden, American, The New York Times, Siena College, Times, Street Journal, Hamas, MAGA ” Republicans Locations: Idaho, Missouri, Washington ,, . South Dakota, South Carolina, “ State, Greensboro , North Carolina, United States of America, Ukraine, Israel, Gaza, Michigan

☆ Why Zelensky’s plea will fall on many deaf Republican ears
▼ + stars: | 2024-02-26 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

CNN —There is a simple reason why many Republicans will snub Ukrainian President Volodymyr Zelensky’s desperate plea for billions of dollars in arms and ammunition. He told CNN’s Kaitlan Collins in an interview in Kyiv Sunday that Republicans such as Trump ally Ohio Sen. J.D. Vance – who have been speaking out against more Ukraine aid – do not comprehend the stakes of the conflict. How Trump transformed the GOPThe Ukraine war funding showdown highlights how America’s domestic politics are already reverberating around the globe. The splits in the GOP over Ukraine were exposed last week when 26 Senate Republicans voted against the bill containing Israel and Ukraine aid while 22 backed it.

Persons: Volodymyr Zelensky’s, Donald Trump, Joe Biden, It’s, Zelensky, CNN’s Kaitlan Collins, Ohio Sen, J.D, Vance –, –, ” Zelensky, Trump, Mitch McConnell, Vladimir Putin, Putin –, III, Biden –, Putin, Alexey Navalny, Dwight Eisenhower, Richard Nixon, Ronald Reagan, George H.W, Bush, Matt Gaetz, ” Trump, Mike Johnson –, Biden, Johnson, ” Jake Sullivan, CNN’s Dana, •, • There’s, Vance, ” Vance, ’ ”, ” Zelensky –, CNN’s Collins, Avdiivka –, he’s Organizations: CNN, America, Republican, Kyiv Sunday, Trump, Ohio, GOP, NATO, Party, Trump Republicans, Conservative Political, Florida, Ukraine, White, Ukraine –, Munich, Conference, Republicans Locations: Europe, Russia, United States, Ukraine, Kyiv, Soviet, Washington, America, Mexico, “ State, South Carolina, European, China, Taiwan, Avdiivka, Israel, There’s

☆ China’s economy is way more screwed than anyone thought
▼ + stars: | 2023-06-14 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

The bubble in China's property market finally popped. In April, China's economic data came in weak largely across the board. The problem is that while consumers may be picking up, the biggest drivers of the Chinese economy — property and exports — are going to stay dormant. Consumer consumption makes up about 37% of the Chinese economy (in the US that figure is about 70%). Beijing has tried to shift the country toward a consumption model, like the US, but exports still make up 20% of China's economy.

Persons: lockdowns, it's, Xi Jinping, Stanley Druckenmiller, We're, Morgan Stanley, Goldman Sachs, Wei Yao, Leland Miller, Miller, Yao, Wright, I've, —, Kearney, Linette Lopez Organizations: Trade, JPMorgan, Bloomberg Invest Conference, Bank of America's, China's National Bureau, Statistics, Societe Generale, Analysts, Beijing, China, Chinese Communist Party, China's Locations: China, globalism, Beijing, York, Asia

☆ A top DeSantis aide battled with Trump's team over his 'Soviet' plan for new 'dystopian' American cities
▼ + stars: | 2023-06-01 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

Ron DeSantis accused Trump of proposing "Soviet dystopian nonsense." Christina Pushaw attacked Trump's plan for new federally-chartered US cities on federal land. Ron DeSantis publicly battled with former President Donald Trump's defenders on Twitter over what she called the ex-president's "Soviet dystopian" plan for American cities. This is Soviet dystopian nonsense," she tweeted. A Republican consultant close to Trump's campaign told Insider in March that Trump came up with the idea for Freedom Cities himself and was likely inspired by Saudi Arabia's futuristic desert cities.

Persons: Ron DeSantis, Trump, Christina Pushaw, Pushaw, —, Donald Trump's, DeSantis, Obama, Biden, Hillary, Paul Ryan, Ron, didn't, I've, Pushaw didn't, Sonnie Johnson, That's Organizations: Gov, World Economic, Service, Florida Gov, Twitter, World, Trump, Freedom Cities, Pacific Partnership, — Trump, Tea Party, Fox News Locations: Soviet, Freedom, globalism, Pres, It's, Saudi

☆ National Conservatism: Why are some British Conservatives behaving like the next election is already lost?
▼ + stars: | 2023-05-18 | by ( Luke Mcgee | ) edition.cnn.com time to read: +10 min

The list goes on, but the general theme of this conference was that British Conservatism is having an identity crisis and these ideas could be the solution. CNN spoke to several people involved in this conference as well as people inside the Conservative Party who opposed the conference and its ideas. Another group of Conservatives supporting the vocal criticisms of Sunak are, sources say, thinking beyond the election and about future leadership contests. Indeed, another Conservative conference was held at the weekend, seen widely as a “Bring Back Boris” event, which the former PM didn’t turn up to. Pro-Sunak Conservatives who still think the next election could be won are also not happy.

☆ Edward Burtynsky Views the Effects of Globalism From Above
▼ + stars: | 2023-05-05 | by ( Erica Ackerberg | ) www.nytimes.com time to read: 1 min

Kenyan residents sort scraps at the Dandora Landfill in Nairobi. Among the world’s largest recycling dumps, Dandora receives about 2,000 tons of industrial, agricultural, medical and commercial waste per day. Credit... Edward Burtynsky/Sundaram Tagore Gallery and Howard Greenberg Gallery, New York all rights reserved

☆ Opinion | China’s Lending Practices Are Not a Good Look
▼ + stars: | 2023-04-19 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

This is undoubtedly a factor in China’s diminished standing in the world. Playing ball really would promote “peace and development for all humanity” while winning China some badly needed friends in the world. The explanation for China’s tough stance is discouraging for the short term but possibly encouraging for the long term. But there are signs that China’s leaders will eventually come around to seeing the value of working with the I.M.F. “In more and more countries, Suriname and elsewhere, we’re starting to see more coordination between the People’s Bank of China, the I.M.F.

☆ Why Faulty Streetlights Are Turning Cities Purple — and Why It's Worrisome
▼ + stars: | 2022-11-29 | by ( Adam Rogers | ) www.businessinsider.com time to read: +14 min

LED streetlights are supposed to shine for the better part of a decade. Every city with purple lights that responded to my queries or has public records on the matter bought its LED lights from Acuity. The blue LED, with its narrow wavelength, enabled all sorts of modern tech, from the compact disc to flat-screen monitors. Acuity and the purple cities haven't been entirely transparent on that matter. "The purple streetlights are a result of the phosphor coating delaminating from the LEDs," says Fiona Hughes, a representative for the city of Vancouver.

☆ The American right’s future involves waging a 'religious battle' against the left, leaders say at a conservative conference
▼ + stars: | 2022-09-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Allan Smith | ) www.nbcnews.com time to read: +13 min

MIAMI — In a luxury Miami resort earlier this month, leading conservative politicians, influencers and academics gathered to formulate a grand path forward for the American right. Meanwhile, the broader American left was repeatedly denounced as the “enemy” and a “regime” with “evil” ideas. The conference was backed by substantial donations from conservative advocacy groups and think tanks that included the Common Sense Society, The Heritage Foundation and the Conservative Partnership Institute. One panel featured a presentation titled “How I Learned to Stop Worrying and Love Christian Nationalism,” though some attendees saw a more clear distinction between the two nationalist ideologies. “Sometimes people get swept up in the ideas of Christian nationalism,” Jordan Esrig, a senior at Vanderbilt University who attended the conference, said.

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