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US under Trump Series

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Political commentators say that the election of Donald Trump is something they have never seen before in their decade-long careers. Nor have the political leaders all around the world. He set his own agendas, which have brought the United States to a unique moment of opportunity, where every foreign relation can be redefined. An 180-degree change in the US-Russia relation alone is enough to make a mark in history. It is evident from the actions and cabinet selection of the President-elect, that the United States would be a different beast under the Trump administration, which poses unique risks and opportunities for traders and investors all around the world. In this special series, we at FxWirePro track key developments in the United States under the new administration and provide our readers all the news and in-depth analysis which can make a difference.

US under Trump Series

What does 'America first' mean for American economic interests?

Feb 01, 2017 15:59 pm UTC| Insights & Views Economy

In his inauguration speech, Donald Trump used the phrase America first to describe his approach to governance. Trumps speech, of course, was not the first time that we have heard this phrase. Historically, politicians...

US under Trump Series

Trump's first Supreme Court pick – will he make it to the bench?

Feb 01, 2017 14:49 pm UTC| Insights & Views Politics

When staunchly conservative US Supreme Court Justice Antonin Scalia died in March 2016, the highest court in the land draped mourning crpe across his chair. With all the tools at their disposal, Senate Republicans made...

US under Trump Series

US under Trump Series: Trump has supports of Republican senate and congress

Feb 01, 2017 09:39 am UTC| Commentary

Last weekend, President Donald Trump signed an executive order banning immigrants from seven countries around the world, which are predominantly Muslim countries but all are from war-torn regions and where terrorists are...

US under Trump Series

US under Trump Series: Trump’s trade advisor brands Germany as currency exploiter

Jan 31, 2017 12:39 pm UTC| Commentary

Speaking to the Financial Times, Peter Navarro whom President Trump picked to head the new National Trade Council said that the euro is grossly undervalued and it is more like an implicit Deutsche Mark giving Germany...

US under Trump Series

What Dump Starbucks Online Protests Tell Us?

Jan 31, 2017 12:24 pm UTC| Commentary Politics

After President Donald Trump signed an executive order banning immigrants/refugees from seven countries on Saturday, Starbucks CEO Howard Schultz criticized the ban in an open letter to its employees and the company...

US under Trump Series

US under Trump Series: This is why courts would fail to uphold restrictions on Trump’s travel ban

Jan 31, 2017 10:33 am UTC| Commentary

Backlashes are rising in the U.S. courts as four federal judges issued rulings to scale back the travel ban issued by the President Donald Trump last weekend. President Trump halted arrival of immigrants from seven...

US under Trump Series

US under Trump Series: Many Americans like Trump’s travel ban order

Jan 31, 2017 08:32 am UTC| Commentary

US President Donald Trumps executive orders banning immigrants from seven countries namely Syria, Iran, Iraq, Libya, Sudan, Somalia, and Yemen has triggered a global outrage and sparked protest at airport and streets in...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

EU enlargement: What does the future hold?

To widen or to deepen. This has been one of the longstanding dilemmas throughout European Union (EU) history, and a perennial sticking point in the unending process of European integration. In its time, the UK...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

Opening statements are the most important part of a trial – as lawyers in Trump’s hush money case know well

Though Hollywood movies about courtroom dramas often glamorize the closing arguments given by lawyers, in reality the opening statement is likely the most important single event of a trial. Such was the case in the hush...

South Korean President Yoon faces foreign policy challenges after the National Assembly election

South Koreas parliamentary election of April 10, 2024, was widely seen as a referendum on President Yoon Suk Yeols first two years in office. That being the case, the nation collectively expressed its strong...

Science

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

Technology

TikTok Vows to Fight US Ban After Biden Signed Bill

TikTok is facing a total ban in the United States after President Joe Biden signed the bill forcing ByteDance to sell its short-form video hosting service app. The president signed the new bill into law on Wednesday, April...

Mercedes-Benz to Release Luxury Electric Van in China

Mercedes-Benz, the German luxury and commercial vehicle manufacturer, plans to release a luxury electric van model in China. This information was shared by the companys head of the vans unit, Mathias Geisen, to the local...

Elon Musk vs Australia: global content take-down orders can harm the internet if adopted widely

Do Australian courts have the right to decide what foreign citizens, located overseas, view online on a foreign-owned platform? Anyone inclined to answer yes to this question should perhaps also ask themselves whether...

BlackRock Bitcoin ETF Sees Zero Inflows; SEC Delays Ether ETF Decision

BlackRocks Bitcoin ETF registered zero daily inflows for the first time since its inception. At the same time, the SEC delayed its decision on a major Ether ETF, highlighting uncertainty in the cryptocurrency...

Samourai Wallet Founders Arrested, Crypto Markets Tumble Amid Regulatory Heat

The cryptocurrency market dipped significantly after the U.S. Department of Justice arrested Samourai Wallets CEO and CTO, exacerbating volatility amid geopolitical tensions and the recent Bitcoin halving. Bitcoin and...