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Trump wins Iowa caucuses: Live coverage

Trump wins Iowa caucuses: Live coverage

The Iowa Democratic Party office in Des Moines. (Kerem Yucel/AFP via Getty Images) The short answer: Not much. Since 1972, Iowa Democrats — like their Republican counterparts — have held a privileged position in choosing their party’s nominee. In fact, it had a better record of picking nominees than the GOP caucuses: Hillary Clinton (in 2016), Barack Obama (in 2008), John Kerry (in 2004) and Al Gore (in 2000) all won Iowa before capturing their party’s nod later in the year. But Iowa,… Source link

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Houthi rebels strike a U.S.-owned ship off the coast of Yemen in the Gulf of Aden, raising tensions

Houthi rebels strike a U.S.-owned ship off the coast of Yemen in the Gulf of Aden, raising tensions

JERUSALEM (AP) — Houthi rebels fired a missile, striking a U.S.-owned ship Monday just off the coast of Yemen in the Gulf of Aden, less than a day after they launched an anti-ship cruise missile toward an American destroyer in the Red Sea. The attack on the Gibraltar Eagle, later claimed by the Houthis, further escalates tensions gripping the Red Sea after American-led strikes on the rebels. The Houthis’ attacks have roiled global shipping, amid Israel’s war with Hamas in the Gaza Strip,… Source link

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IMF managing director Kristalina Georgieva on crypto: It’s not money

IMF managing director Kristalina Georgieva on crypto: It’s not money

Crypto’s latest big moment is worthy of one big reminder too. The US dollar is still the US dollar, and crypto is, well, just an investment vehicle. Said reminder comes compliments of the International Monetary Fund (IMF), one of the foremost global authorities on payments and financial stability. “Our view is that we have to differentiate between money and assets. When we talk about crypto, we are actually talking about an asset class. It could be backed up and in that sense, more secure and… Source link

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One key reason inflation is cooling: Immigrant workers

One key reason inflation is cooling: Immigrant workers

There’s one hot-button topic that could hold the key to where inflation goes: immigration. It’s already done a great deal in bringing down consumer price growth to where it is now, experts say, even though the most recent data showed that inflation increased more than expected in December. Investors would be wise to track the flow of immigrants as they assess the future direction of interest rates and the US economy. Not only did the foreign-born population in the US finally exceed its… Source link

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European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

(Bloomberg) — European stocks fell as traders weighed the outlook for monetary policy ahead of a raft of speeches by policy makers at the World Economic Forum in Davos this week. Most Read from Bloomberg The Stoxx Europe 600 index slipped 0.2%, extending a lackluster start to the year after a 13% rise in 2023. Basic resources and carmakers led the decline after Germany’s economy dodged a recession, though the latest data showed it contracted for the first time since the pandemic last year…. Source link

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War between NATO & Russia is imminent, according to secret German Armed Forces document — Bild

War between NATO & Russia is imminent, according to secret German Armed Forces document — Bild

A major armed conflict between NATO and Russia is imminent if a secret document from the German Armed Forces is to be believed, with Russia invading NATO’s Baltic states as early as July. The German Armed Forces (Bundeswehr) are preparing for a potential hybrid attack by Russia on NATO’s eastern flank this February, reported Bild. An escalation between NATO and Russia is expected as early as February, a Bild source said, referencing a secret Bundeswehr document. Read also: Zelenskyy on… Source link

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