Tuesday, 2 September 2025
Former Treasury Secretary Janet Yellen Weighs In on Trump’s Battle with the Federal Reserve
Massive Labor Day Protests as Americans Stand Up for Their 'Workers over Billionaires' Rights
ANTHONY DAVIS can be supported on Patreon here.
Monday, 1 September 2025
Trump Is an ‘Economic Moron’ | Scott Lucas Analyses Trump’s ‘Decisions
Trump’s Plan to Pack the Fed With Loyalists
THE NEW YORK TIMES: Overhauling the central bank’s Board of Governors would grant the president greater sway over the Federal Reserve, an institution that is supposed to be independent from the White House.
A watershed legal battle over the White House’s attempt to oust a sitting Federal Reserve governor has only just begun, but if President Trump gets his way, it could leave him with much more latitude to steer the central bank’s decisions on interest rates and its oversight of Wall Street.
Mr. Trump is already relishing the idea.
“We’ll have a majority very shortly,” Mr. Trump said at his latest marathon cabinet meeting about the Fed’s powerful seven-person Board of Governors. “So that’ll be great.”
Mr. Trump plans to appoint loyal individuals to that board, and he would need to fill just one more seat for the balance of power to tip further in his favor. If that happens, it would give the president immense sway over an institution that is supposed to operate independently from the White House. » | Colby Smith | Colby Smith covers the Federal Reserve.| Sunday, August 31, 2025
A watershed legal battle over the White House’s attempt to oust a sitting Federal Reserve governor has only just begun, but if President Trump gets his way, it could leave him with much more latitude to steer the central bank’s decisions on interest rates and its oversight of Wall Street.
Mr. Trump is already relishing the idea.
“We’ll have a majority very shortly,” Mr. Trump said at his latest marathon cabinet meeting about the Fed’s powerful seven-person Board of Governors. “So that’ll be great.”
Mr. Trump plans to appoint loyal individuals to that board, and he would need to fill just one more seat for the balance of power to tip further in his favor. If that happens, it would give the president immense sway over an institution that is supposed to operate independently from the White House. » | Colby Smith | Colby Smith covers the Federal Reserve.| Sunday, August 31, 2025
Sunday, 31 August 2025
'Taxation without Representation': Prof. Tribe Breaks Down Trump's Loss on Tariffs in Appeals Court
EU Willing to Rework Brexit Deal, Says Top German in Brussels
THE TELEGRAPH: War over Britain’s departure is ‘definitely’ over, says Manfred Weber, leader of largest group in European Parliament
The EU is willing to negotiate a better, mutually beneficial trade deal with Britain, one of Brussels’ most powerful conservatives has said.
Manfred Weber is president of the influential centre-Right European People’s Party (EPP), which counts 13 prime ministers among its membership, including Friedrich Merz, the German chancellor.
Mr Weber, the centre-Right Bavarian MEP who leads the largest group in the European Parliament, was once a fierce critic of Brexit. However, he told The Telegraph the EU’s Brexit war with Britain was over, in a sign that Sir Keir Starmer could push for a renegotiation of the reset deal agreed in May.
The Government will be cautious about any concessions the EU could seek after the bloc previously cautioned Britain against any “cherry-picking” – attempting to gain the benefits of single market membership without the obligations.
In the reset deal, Sir Keir agreed to follow EU rules, aligning with European food standards and submitting to the European Court of Justice in exchange for the freedom to export goods with fewer customs checks. » | James Crisp, European Editor, in Berlin | Sunday, August 31, 2025
The EU is willing to negotiate a better, mutually beneficial trade deal with Britain, one of Brussels’ most powerful conservatives has said.
Manfred Weber is president of the influential centre-Right European People’s Party (EPP), which counts 13 prime ministers among its membership, including Friedrich Merz, the German chancellor.
Mr Weber, the centre-Right Bavarian MEP who leads the largest group in the European Parliament, was once a fierce critic of Brexit. However, he told The Telegraph the EU’s Brexit war with Britain was over, in a sign that Sir Keir Starmer could push for a renegotiation of the reset deal agreed in May.
The Government will be cautious about any concessions the EU could seek after the bloc previously cautioned Britain against any “cherry-picking” – attempting to gain the benefits of single market membership without the obligations.
In the reset deal, Sir Keir agreed to follow EU rules, aligning with European food standards and submitting to the European Court of Justice in exchange for the freedom to export goods with fewer customs checks. » | James Crisp, European Editor, in Berlin | Sunday, August 31, 2025
Saturday, 30 August 2025
Why Trump Wants Control over the Fed
Adelshäuser in Österreich - Die Rothschilds in Wien | Bankiersfamilie
Aug 29, 2025 | Adelshäuser in Österreich - Die Rothschilds in Wien - Die faszinierende Geschichte und das Erbe der Familie Rothschild sowie weiterer österreichischer Herrenhäuser, die oft verborgen und reich an lebendigen Traditionen sind, werden zum Leben erweckt.
Adelshäuser in Österreich - Die Rothschilds in Wien (2019)
Regisseur: Gigga Neunteufel, Patrick Pleisnitzer
Gestaltung: Jeaninne Felzmann
Moderation: Karl Hohenlohe
Genre: Dokumentation
Land: Österreich
Sprache: Deutsch
Handlung:
Das Wien der Familie Rothschild, ein Wien, das hinter vielen Fassaden versteckt ist. An jener Stelle, an der sich heute die Wiener Arbeiterkammer befindet, stand einst das berühmte Palais der Familie Rothschild. Heute erinnert eine gläserne Gedenktafel in der Theresianumgasse 16-18, im 4. Bezirk an das im 2. Weltkrieg zerstörte Palais. In dieser Episode spannen wir einen filmischen Schirm, der einen Zeitraum von fast zwei Jahrhunderten umfasst und zeigen an der Geschichte der Familie Rothschild die verschiedenen Facetten dieser höchst einflussreichen Bankiers, Flaneurs und Lebemänner, sowie ihre Wirkungsstätten.
Adelshäuser in Österreich - Die Rothschilds in Wien (2019)
Regisseur: Gigga Neunteufel, Patrick Pleisnitzer
Gestaltung: Jeaninne Felzmann
Moderation: Karl Hohenlohe
Genre: Dokumentation
Land: Österreich
Sprache: Deutsch
Handlung:
Das Wien der Familie Rothschild, ein Wien, das hinter vielen Fassaden versteckt ist. An jener Stelle, an der sich heute die Wiener Arbeiterkammer befindet, stand einst das berühmte Palais der Familie Rothschild. Heute erinnert eine gläserne Gedenktafel in der Theresianumgasse 16-18, im 4. Bezirk an das im 2. Weltkrieg zerstörte Palais. In dieser Episode spannen wir einen filmischen Schirm, der einen Zeitraum von fast zwei Jahrhunderten umfasst und zeigen an der Geschichte der Familie Rothschild die verschiedenen Facetten dieser höchst einflussreichen Bankiers, Flaneurs und Lebemänner, sowie ihre Wirkungsstätten.
Friday, 29 August 2025
BREAKING: Trump Tariffs Found ILLEGAL by US Appeals Court
Defying Congress, Trump Moves to Cut $4.9 Billion in Foreign Aid
THE NEW YORK TIMES: The White House notified Congress that it plans to use a legally untested maneuver to circumvent lawmakers and claw back more money for foreign aid programs.
The White House has informed Congress it intends to cancel $4.9 billion that lawmakers approved for foreign aid programs, invoking a little-known and legally untested power to slash spending without their approval.
The 15-page notification, sent to Congress on Thursday night and reviewed by The New York Times, is the administration’s first effort to push through what is known as a “pocket rescission.” It is an effort to unilaterally claw back money that has already been appropriated by waiting so late in the fiscal year to make the request that lawmakers do not have time to reject it before the funding expires.
The fiscal year ends on Sept. 30, before the 45-day period in which Congress is required to consider a rescission request from the White House. Republicans could bring the matter to a vote sooner, but party leaders have shown little appetite for resisting the president’s spending demands and asserting their own prerogatives.
The move, the latest chapter in an intensive fight between Mr. Trump and Congress over spending powers, drew swift condemnation from the top Republican on the Appropriations Committee, who called it illegal. » | Catie Edmondson | Friday, August 29, 2025
The White House has informed Congress it intends to cancel $4.9 billion that lawmakers approved for foreign aid programs, invoking a little-known and legally untested power to slash spending without their approval.
The 15-page notification, sent to Congress on Thursday night and reviewed by The New York Times, is the administration’s first effort to push through what is known as a “pocket rescission.” It is an effort to unilaterally claw back money that has already been appropriated by waiting so late in the fiscal year to make the request that lawmakers do not have time to reject it before the funding expires.
The fiscal year ends on Sept. 30, before the 45-day period in which Congress is required to consider a rescission request from the White House. Republicans could bring the matter to a vote sooner, but party leaders have shown little appetite for resisting the president’s spending demands and asserting their own prerogatives.
The move, the latest chapter in an intensive fight between Mr. Trump and Congress over spending powers, drew swift condemnation from the top Republican on the Appropriations Committee, who called it illegal. » | Catie Edmondson | Friday, August 29, 2025
Allemagne : le seuil des 3 millions de chômeurs franchi pour la première fois depuis dix ans
LE FIGARO : Les chiffres publiés ce vendredi symbolisent la morosité de l’économie allemande, en récession pour la deuxième année de rang.
En Allemagne, le nombre de chômeurs a dépassé en août la barre des 3 millions, une première depuis février 2015, signe de la persistance de la morosité conjoncturelle pesant sur le marché de l'emploi, selon des données officielles publiées ce vendredi. » | Par Le Figaro avec AFP | vendredi 29 août 2025
En Allemagne, le nombre de chômeurs a dépassé en août la barre des 3 millions, une première depuis février 2015, signe de la persistance de la morosité conjoncturelle pesant sur le marché de l'emploi, selon des données officielles publiées ce vendredi. » | Par Le Figaro avec AFP | vendredi 29 août 2025
Trump's Fed Attack Could Cause 'Economic Meltdown' | The Story
Aug 29, 2025 | President Trump announced on Truth Social this week that he had fired Federal Reserve board member Lisa Cook.
While most people had no idea who she was, her sacking could have a massive impact. The move is seen as part of the continued politicisation of the Fed, the US’s independent central bank and some economists fear it could be the start of a journey towards economic meltdown in America with global repercussions.
This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times.
Guest: Mehreen Khan, Economics Editor, The Times.
Host: Manveen Rana.
While most people had no idea who she was, her sacking could have a massive impact. The move is seen as part of the continued politicisation of the Fed, the US’s independent central bank and some economists fear it could be the start of a journey towards economic meltdown in America with global repercussions.
This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times.
Guest: Mehreen Khan, Economics Editor, The Times.
Host: Manveen Rana.
Thursday, 28 August 2025
Tesla Sales in Europe Slump 40% as BYD New Car Registrations More Than Triple
THE GUARDIAN: Electric car business run by Elon Musk continues to lose ground to Chinese rival despite recent revamp of Model Y
Tesla sales slumped 40% across Europe in July compared with a year earlier as Elon Musk’s electric car company faces increasingly tough competition from its Chinese rival BYD.
There were 8,837 sales of Tesla cars last month across the EU, the European Free Trade Association and the UK, according to figures from the European Automobile Manufacturers’ Association (ACEA). That compared with 14,769 at the same point last year.
New car registrations for BYD across Europe rose to 13,503 last month, compared with 4,151 a year earlier. BYD now has 1.2% market share, the ACEA found. Tesla’s share remains at 0.8%.
Chinese car brands, which often have relatively cheaper models, have been expanding aggressively in Europe. BYD outsold Tesla in Europe for the first time this spring, according to a report from the market research company JATO Dynamics. » | Lauren Almeida | Thursday, April 28, 2025
Tesla sales slumped 40% across Europe in July compared with a year earlier as Elon Musk’s electric car company faces increasingly tough competition from its Chinese rival BYD.
There were 8,837 sales of Tesla cars last month across the EU, the European Free Trade Association and the UK, according to figures from the European Automobile Manufacturers’ Association (ACEA). That compared with 14,769 at the same point last year.
New car registrations for BYD across Europe rose to 13,503 last month, compared with 4,151 a year earlier. BYD now has 1.2% market share, the ACEA found. Tesla’s share remains at 0.8%.
Chinese car brands, which often have relatively cheaper models, have been expanding aggressively in Europe. BYD outsold Tesla in Europe for the first time this spring, according to a report from the market research company JATO Dynamics. » | Lauren Almeida | Thursday, April 28, 2025
Wednesday, 27 August 2025
«Nous continuerons d’acheter du pétrole» : l’Inde résiste à Donald Trump et renforce ses liens avec la Russie
LE FIGARO : DÉCRYPTAGE - Face aux surtaxes imposées par Washington, New Delhi, qui ne semble pas céder à la pression, défend sa stratégie énergétique d’approvisionnement à bas prix pour soutenir son économie en pleine croissance.
Il n’y aura pas eu de sursis de dernière minute pour l’Inde. Reprochant à New Delhi de «ne pas être un bon partenaire commercial», Donald Trump a d’abord ordonné un droit de douane de 25 % sur les importations indiennes, qu’il avait menacé de doubler à 50 % en représailles à ses achats de pétrole russe. Ces surtaxes sont entrées en vigueur ce mercredi 27 août via un décret de la Maison-Blanche. » | Par Clara Galtier | mercredi 27 août 2025
Related video here.
Il n’y aura pas eu de sursis de dernière minute pour l’Inde. Reprochant à New Delhi de «ne pas être un bon partenaire commercial», Donald Trump a d’abord ordonné un droit de douane de 25 % sur les importations indiennes, qu’il avait menacé de doubler à 50 % en représailles à ses achats de pétrole russe. Ces surtaxes sont entrées en vigueur ce mercredi 27 août via un décret de la Maison-Blanche. » | Par Clara Galtier | mercredi 27 août 2025
Related video here.
US President Trump's 50% Tariff on India Kicks In | BBC News
Aug 27, 2025 | Donald Trump's steep 50% tariffs on India have kicked in, weeks after the US president issued an executive order imposing an additional 25% penalty on India over its purchases of Russian oil and weapons.
This makes India - one of the US's strongest partners in the Indo-Pacific - among the countries hit with the highest tariffs in the world. This could deal a blow to exports and growth in the world's fifth largest economy, given that the US was, until recently, India's largest trading partner.
Earlier this month, Indian Prime Minister Narendra Modi made a promise to cut taxes to mitigate the economic impact of Trump's tariffs. He has also urged domestic self-reliance.
He said that a Diwali gift in the form of a "massive tax bonanza" was on its way for the common man and the millions of small businesses that power Asia's third largest economy.
This makes India - one of the US's strongest partners in the Indo-Pacific - among the countries hit with the highest tariffs in the world. This could deal a blow to exports and growth in the world's fifth largest economy, given that the US was, until recently, India's largest trading partner.
Earlier this month, Indian Prime Minister Narendra Modi made a promise to cut taxes to mitigate the economic impact of Trump's tariffs. He has also urged domestic self-reliance.
He said that a Diwali gift in the form of a "massive tax bonanza" was on its way for the common man and the millions of small businesses that power Asia's third largest economy.
Tuesday, 26 August 2025
Bourse de Paris : le CAC 40 plonge avec l’incertitude politique en France, les valeurs bancaires chutent lourdement
LE FIGARO : Le CAC 40 continue de subir le contrecoup des annonces de François Bayrou sur un vote de confiance le 8 septembre prochain. Les investisseurs surveillent les évolutions des taux obligataires pendant que les valeurs liées au marché domestique dévissent, notamment les banques.
La tendance du marché
La morosité continue de se propager sur les marchés financiers. Donald Trump a bien tenté de ramener l’actualité à lui avec son limogeage de Lisa Cook, gouverneur de la Réserve fédérale américaine (Fed). Cet évènement fragilise l’indépendance de l’institution, mais les annonces de François Bayrou ont pris une partie de l’attention des investisseurs. » | Par Bastien Boname | mardi 26 août 2025
La tendance du marché
La morosité continue de se propager sur les marchés financiers. Donald Trump a bien tenté de ramener l’actualité à lui avec son limogeage de Lisa Cook, gouverneur de la Réserve fédérale américaine (Fed). Cet évènement fragilise l’indépendance de l’institution, mais les annonces de François Bayrou ont pris une partie de l’attention des investisseurs. » | Par Bastien Boname | mardi 26 août 2025
Wie hat Migration Deutschland verändert? | DW News
Aug 17, 2025 | 2015 – auf dem Höhepunkt der Flüchtlingsbewegung nimmt Deutschland hunderttausende Schutzsuchende auf. Was hat funktioniert? Und was nicht? Wie ist die Stimmung in Deutschland heute, zehn Jahre später?
Vor zehn Jahren, Ende August 2015, sagte Angela Merkel jenen Satz, der ihre Kanzlerschaft wohl mehr prägte als alles andere: "Wir schaffen das!" Gemeint waren die hunderttausenden Flüchtlinge, vor allem aus Syrien, die die Bundesregierung nach Deutschland einreisen ließ.
Die Reporter sind durchs Land gereist, um zu schauen, wie es den Flüchtlingen heute geht und wie sich Deutschland seither verändert hat.
Vor zehn Jahren, Ende August 2015, sagte Angela Merkel jenen Satz, der ihre Kanzlerschaft wohl mehr prägte als alles andere: "Wir schaffen das!" Gemeint waren die hunderttausenden Flüchtlinge, vor allem aus Syrien, die die Bundesregierung nach Deutschland einreisen ließ.
Die Reporter sind durchs Land gereist, um zu schauen, wie es den Flüchtlingen heute geht und wie sich Deutschland seither verändert hat.
Warum bekommt Europa immer weniger Kinder? | ARTE Europa - Die Woche | Reupload
Trump Moves to Fire Fed Governor Lisa Cook in Escalating Attack on Bank’s Independence
THE GUARDIAN: Departure of Cook, first Black woman to sit on central bank’s board, would allow US president to put forward a replacement
Donald Trump has said he is firing the Federal Reserve governor, Lisa Cook, over allegations she committed mortgage fraud, in an extraordinary move that marks the latest escalation in the US president’s attack on the central bank’s independence.
Trump wrote to Cook on Monday, telling her that he was removing her from her position “effective immediately”, based on the allegation from one of his allies that she had obtained a mortgage on a second home she incorrectly described as her primary residence.
Cook responded several hours later in a statement emailed to reporters through the law office of the lawyer Abbe Lowell, saying of Trump that “no cause exists under the law, and he has no authority” to remove her from the job to which she was appointed by Joe Biden in 2022.
She said: “I will continue to carry out my duties to help the American economy.“
Lowell said Trump’s “demands lacked any proper process, basis or legal authority”, adding: “We will take whatever actions are needed to prevent his attempted illegal action.” » | Callum Jones in New York | Tuesday, August 26, 2025
THE NEW YORK TIMES: Trump, in a Move With Little Precedent, Says He Is Firing a Fed Governor: President Trump told Lisa Cook that he had found sufficient cause “to remove you from your position.” Ms. Cook and her lawyer said they would fight the firing. »
Donald Trump has said he is firing the Federal Reserve governor, Lisa Cook, over allegations she committed mortgage fraud, in an extraordinary move that marks the latest escalation in the US president’s attack on the central bank’s independence.
Trump wrote to Cook on Monday, telling her that he was removing her from her position “effective immediately”, based on the allegation from one of his allies that she had obtained a mortgage on a second home she incorrectly described as her primary residence.
Cook responded several hours later in a statement emailed to reporters through the law office of the lawyer Abbe Lowell, saying of Trump that “no cause exists under the law, and he has no authority” to remove her from the job to which she was appointed by Joe Biden in 2022.
She said: “I will continue to carry out my duties to help the American economy.“
Lowell said Trump’s “demands lacked any proper process, basis or legal authority”, adding: “We will take whatever actions are needed to prevent his attempted illegal action.” » | Callum Jones in New York | Tuesday, August 26, 2025
THE NEW YORK TIMES: Trump, in a Move With Little Precedent, Says He Is Firing a Fed Governor: President Trump told Lisa Cook that he had found sufficient cause “to remove you from your position.” Ms. Cook and her lawyer said they would fight the firing. »
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