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☆ Trump allied Republicans are changing the GOP's approach to labor, free markets and regulation
  + stars: | 2024-05-21 | by ( Eamon Javers | ) www.cnbc.com   time to read: +9 min
WASHINGTON — The first Trump presidency shattered conservative economic ideology on the Republican Party's approach to free markets and tariffs. Source: AmericanCompass.org To be clear, this is not yet the dominant strain of Republican economic thinking in Washington. Cass argues that Republican economic policy has been focused on the wrong goals: lowering prices and increasing consumption. "It was absolutely black letter economic doctrine that the point of economic policy was to consume as much as possible. watch now"Spinning assets in circles creates nothing of value, and in fact creates the opposite of value," Cass said.
Persons: Donald Trump, Brendan Mcdermid, Eamon Javers, WASHINGTON —, Trump, Trump's, Sohrab Ahmari, Ahmari, elitists, Bud Light, Oren Cass, Cass, Michael Wayland, CNBC Cass, –, Biden, Pennsylvania Republican Sen, Pat Toomey Organizations: Reuters, WASHINGTON, Trump, Republican, GOP, Wall Street, Amazon, Starbucks, U.S . Chamber of Commerce, Block, Development Bank, Environmental, American, Bronco, Ford's, Ford's Michigan Assembly, CNBC, Wall, Pennsylvania Republican Locations: Freeland , Michigan, U.S, America, Washington, China, Block, Ford's Michigan, Cass, Pennsylvania
☆ North Korea stages 'tactical nuclear attack' drill
  + stars: | 2023-09-03 | by ( ) www.cnbc.com   time to read: +2 min
People watch a television broadcast showing a file image of a North Korean rocket launch at the Seoul Railway Station on August 24, 2023 in Seoul, South Korea. North Korea conducted a simulated "tactical nuclear attack" drill on Saturday that included two long-range cruise missiles, state media reported on Sunday, as leader Kim Jong Un inspected shipbuilding and munitions factories. The two cruise missiles carrying mock nuclear warheads were fired towards the West Sea of the peninsula and flew 1,500 kilometers (930 miles) at a preset altitude of 150 meters. A separate statement said Kim visited Pukjung Machine Complex, which produces marine engines, and a major munitions factory to stress the importance of strengthening Pyongyang's naval forces. North Korea has been stepping up its military deterrence against Washington and Seoul and has criticized last month's summit agreement between the two on improving military cooperations.
Persons: Kim Jong Un, Kim Organizations: Korean, Seoul Railway Station, Washington, Central Committee, Worker's Party of Locations: Seoul, South Korea, North Korea, Pyongyang, Worker's Party of Korea, U.S, Korea
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