Posts by Amelia Frost
Romania Run-off Pits Pro-Trump Nationalist Against Centrist Mayor
After comfortably topping Sunday’s rerun of Romania’s presidential election first round, far-right leader George Simion — a fervent fan of US President Donald Trump — will face off against a centrist mayor in the second round on May 18. Known for his fiery speeches, Simion is the polar opposite of his reserved rival Nicusor Dan.…
Read MoreStars Come Out For Met Gala, Showcasing Black Dandyism
It’s the first Monday in May, which means it’s time for the Met Gala, the extravagant Manhattan charity ball that this year spotlights Black style through the lens of dandyism’s subversive history. The blockbuster night’s theme explores the rich and complicated history of the sharply tailored dandy aesthetic and its sociopolitical layers. It also celebrates…
Read MoreTrump Expects ‘Array of Benefits’ From Trade Deals With Countries Seeking To Avoid Revenge Tariffs: Report
President Donald Trump The Trump administration is reportedly expecting to announce at least one trade deal this week, with the president seeking an “array of benefits” in return. Concretely, The Wall Street Journal detailed that Trump expects for counterparts to purchase more U.S. goods and curb non-tariff barriers. Trump has acknowledged the chances of an…
Read MoreDonald Jr. and Eric Trump Pursue New Deals That Would Enrich President Trump
A contest of sorts has played out across Europe, the United States and the Middle East in recent days as President Trump’s two older sons have pursued a blitz of family moneymaking ventures capitalizing on their father’s name and power, each seemingly trying to outdo the other. It is a rush to cash in that…
Read MoreGerman Coalition Deal Signed On Eve Of Merz Govt Launch
The conservatives of Germany’s designated chancellor Friedrich Merz and the centre-left Social Democrats formally signed their coalition contract on Monday, on the eve of launching their new government. Merz, 69, is on Tuesday set to be sworn in as the new leader of Europe’s biggest economy, ending half a year of political paralysis in Berlin.…
Read MoreSpain’s Blackout Highlights Renewables’ Grid Challenge
The cause of last week’s massive power outage in Spain and Portugal remains unclear but it has shone a spotlight on solar and wind energy, which critics accuse of straining electricity grids. The rise of renewables presents a challenge for power grids, which must evolve to adapt as countries move away from fossil fuels. Grid…
Read MoreTrump Family’s ‘Shady’ Crypto Venture In Question Over UAE Government-Backed Firm Deal
KEY POINTS Sen. Warren believes Trump and his family involved in WLFI will profit from the deal Trump is the ‘chief crypto advocate’ and his three sons are ‘Web3 ambassadors’ at WLFI MGX will invest $2 billion into Binance and WLFI’s $USD1 stablecoin will be used to close the deal World Liberty Financial (WLFI), the…
Read MoreThe Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.
Less than a year ago, the Federal Reserve took decisive action to bolster the U.S. economy. With inflation easing and the labor market starting to soften, the central bank opted to go big, lowering interest rates by half a percentage point and signaling further cuts to come. Rather than a panicky response to a crisis…
Read MoreFarmers in Iowa Are Caught in Trump’s Trade War
It was time for Beau Hanson to lay down his bets. Like other farmers in western Iowa, in early April Mr. Hanson was preparing for spring planting. The decisions he made then could determine whether he would be in the red or the black come fall harvest. In farming, there are always uncertainties, and all…
Read MoreTrump Orders Rebuilding And Reopening Of Defunct US Prison Alcatraz
US President Donald Trump said Sunday he had directed officials to rebuild and reopen Alcatraz prison, the notorious federal jail based on a small island in California that closed six decades ago. “REBUILD, AND OPEN ALCATRAZ!” the Republican wrote on his Truth Social platform. “Today, I am directing the Bureau of Prisons, together with the…
Read MoreTrump Says Ordering ‘100% Tariff’ On All Movies Produced Abroad
US President Donald Trump said Sunday he was ordering new tariffs on all films made outside the United States, claiming Hollywood was being “devastated” by a trend of US filmmakers and studios working abroad. The announcement comes as the White House is coming under mounting criticism over its aggressive trade policies that have seen Trump…
Read MoreChina’s Garment Factories Face a Tipping Point After New Tariffs
Liu Miao has sold clothing on Amazon to wholesale buyers in the United States for the past five years. That trade has come to an abrupt stop. Mr. Liu owns a small factory in Guangzhou, long the center of China’s highly competitive garment industry. He and other factory managers, already dealing with tight profit margins,…
Read More