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TRUMP’S Triumph Ignites Outrage: Just Stop OIL Strikes Back
— On Wednesday, Donald Trump claimed victory in the 2024 U.S. Presidential Election, winning support from over 70 million Americans. Yet, not everyone was pleased. The far-left group Just Stop Oil showed their anger by splashing bright orange paint on the U.S. Embassy in London.
Just Stop Oil slammed corporate power and fossil fuel industries, saying they control major political parties and are the real winners of the election. They called Trump a “fake populist,” claiming he ignores what they see as vital — stopping oil and gas drilling. The group urged regular people to act since they believe no leaders will make needed changes.
Activist Joseph Aggarwal was detained by police after joining the protest. He voiced concerns about a lack of true democracy across Western nations, arguing voters get similar policies no matter which party wins, worsening living conditions and climate issues. Aggarwal accused Trump of using public frustration to help billionaires while ignoring urgent environmental problems.
TRUMP’S Surge: Why Hispanic Voters Are Embracing Him
— CBS News Executive Director of Elections and Surveys, Anthony Salvanto, highlighted Donald Trump’s rising support among Hispanic neighborhoods in Philadelphia. Despite Trump’s past rhetoric, many Hispanics feel he isn’t targeting them negatively. This perception is shifting some Latino voters toward Trump.
A poll revealed that two-thirds of surveyed Latinos believe Trump wasn’t referring to them when discussing immigrants. Additionally, half of foreign-born Latinos shared this sentiment. These findings suggest a growing acceptance of Trump among Hispanic communities.
While Latinos predominantly lean Democrat, Trump’s messaging on the economy resonates with many in this demographic. His approach appears to offer a sense of belonging similar to that extended to white voters. This strategy could be pivotal for his future campaigns as he continues to engage with diverse voter groups.
TRUMP RALLY Draws Huge Crowd In Arizona: Supporters Ecstatic
— Videos and pictures on social media show the arena, which holds 18,000 people, nearly full ahead of former President Donald Trump’s speech at the Turning Point Action rally. Supporters lined up for miles hoping to gain entry.
The venue previously hosted an event by Harris earlier this month, drawing a crowd of 15,000. The Trump rally comes shortly after Robert F. Kennedy Jr. announced the suspension of his presidential campaign and urged blue state residents to vote for him while supporting Trump in battleground states.
Trump hinted at a “special guest” for the rally on Truth Social, leading many to speculate that it could be Kennedy. “Heading to Arizona where I will soon be speaking at Turning Point — BIG CROWD, AND EVEN BIGGER SURPRISE!” he posted.
LABOUR PARTY’S Economic Plan Under Fire: Will It Really Work?
— Britain’s new Treasury chief, Rachel Reeves, vows to run the economy with “iron discipline.” She hinted at above-inflation pay raises for public sector workers to end ongoing strikes.
The Labour Party, elected two weeks ago, faces pressure to increase salaries and welfare without raising taxes or public borrowing. Reeves criticized the previous Conservative government for high taxes and debt.
Labour won a landslide victory on promises of economic growth, housebuilding, green energy projects, and improved public services. The electorate seeks relief from high living costs and past economic mismanagement.
Inflation has dropped to 2%, but strikes by hospital doctors strain the National Health Service. Other public-sector workers like nurses and teachers have also demanded higher pay through walkouts over the past year.
LABOUR PARTY Surges Amid UK Election Betting Scandal
— The U.K. general election on July 4 is approaching, with the Labour Party expected to defeat Prime Minister Rishi Sunak’s Conservatives. Polls indicate Labour leader Keir Starmer will likely form the next government.
The Conservative campaign has struggled, facing allegations of election betting involving figures close to Sunak. This scandal has further dampened their already lackluster efforts.
In the U.K., the prime minister decides election dates, unlike fixed schedules in countries like the U.S. This unique system has led to a market for predicting election dates and outcomes.
Police officers and Conservative insiders are under investigation for their involvement in this betting scandal, adding another layer of controversy as over 50 countries prepare for elections in 2024.
GLOBAL Elections SHAKE-UP: Major Voter Impact in Coming Days
— In the coming days, voters in countries like Mauritania, Mongolia, Iran, Britain, and France will head to the polls. These elections could significantly impact global politics amid ongoing conflicts and economic concerns.
Iran faces a critical election following the death of President Ebrahim Raisi. Supreme Leader Ayatollah Ali Khamenei seeks a successor among hard-liners Saeed Jalili and Mohammad Bagher Qalibaf, and reformist Masoud Pezeshkian.
National elections this year are happening in over 50 countries with significant political changes in India, Mexico, and South Africa. Russia remains unchanged despite global shifts.
POPULIST PVV Surge: Historic Gains in European Parliament
— The Party for Freedom (PVV) is set to secure at least seven seats in the European Parliament, according to exit polls. This marks a significant gain from zero seats in 2019. Ipsos estimates show this as the largest gain for any Dutch party and a historic high for PVV.
Despite this success, the Green Left and Labour Party alliance is predicted to win eight seats, one fewer than their combined total in 2019. Geert Wilders expressed optimism about potentially gaining an additional seat when official results are released. He stated, “We have never had seven seats before… We are by far the biggest winner.”
Wilders believes this result signals a broader trend across Europe against mass migration policies. He said that Eurosceptical voices will grow stronger within the European Parliament, sending a clear message to Brussels elites.
Tom Van Grieken of Belgium’s Vlaams Belang echoed Wilders’ sentiment, calling it a “very hopeful signal” for similar parties across Europe. He noted that what happened in the Netherlands could also happen in Flanders on Sunday.
UK-US SPECIAL RELATIONSHIP Faces Turbulence With Trump And Labour
— Polls indicate Donald Trump may return to the White House, while the Labour Party is projected to take power in the UK. This potential shift could strain the “special relationship” between the two nations.
Labour leaders are softening their stance on Trump, recognizing the need for cooperation with Washington. However, London Mayor Sadiq Khan is pushing for open criticism of Trump, labeling him a “racist,” “sexist,” and "homophobe.
Khan insists that maintaining a special relationship means calling out such views. Despite his city’s crime issues and recent re-election, Khan remains vocal against another Trump presidency. He argues against welcoming Trump with state honors and claims many Republicans share his concerns about Trump’s return.
SOUTH KOREAN Election Shocker: Voters Lean Left in Historic Turn
— South Korean voters, upset by the economic slump, are showing their disapproval towards President Yoon Suk-yeol and his ruling People Power Party (PPP). Early exit polls indicate a dramatic tilt in the National Assembly, with the opposition DP/DUP coalition on track to win between 168 and 193 of the 300 seats. This would leave Yoon’s PPP and its partners trailing with just 87-111 seats.
A record-breaking turnout of 67 percent — the highest for a midterm election since 1992 — reflects widespread voter engagement. South Korea’s unique proportional representation system aims to give smaller parties a chance but has resulted in a crowded field that confuses many voters.
PPP leader Han Dong-hoon has publicly recognized the disappointing exit poll figures. He pledged to honor the electorate’s decision and wait for the final tally. The election results could mark a pivotal change in South Korea’s political landscape, hinting at broader shifts ahead.
This electoral outcome underscores growing public discontent with current economic policies and signals a desire for change among South Korean voters, potentially reshaping the nation’s policy direction in years to come.
TRUMP SURGES Ahead in Michigan: Biden’s Struggle to Secure Base Exposed
— A recent trial ballot in Michigan has revealed a surprising lead for Trump over Biden, with 47 percent favoring the former president compared to 44 percent for the incumbent. This result falls within the survey’s ±3 percent margin of error, leaving nine percent of voters still undecided.
In a more complex five-way trial ballot test, Trump maintains his lead at 44 percent against Biden’s 42 percent. The remaining votes are split among independent Robert F. Kennedy Jr., Green Party candidate Dr. Jill Stein, and independent Cornel West.
Steve Mitchell, president of Mitchell Research, attributes Trump’s lead to Biden’s lackluster support from African Americans and younger voters. He forecasts a nail-biting contest ahead as the victory will likely hinge on which candidate can rally their base more effectively.
In a head-to-head choice between Trump and Biden, an overwhelming 90 percent of Republican Michiganders back Trump while only 84 percent of Democrats support Biden. This poll report underscores an uncomfortable situation for Biden as he loses a significant 12 percent chunk of his vote to former President Trump.
ANC on SHAKY Ground: South Africa’s Opposition Parties Gaining Momentum
— Recent polling data indicates a potential shift in South Africa’s political scene, the likes of which haven’t been seen since 1994. The ruling party, the African National Congress (ANC), has experienced a decline in support from 44% to 39% since November 2022.
On the other hand, the opposition Democratic Alliance (DA) has seen its share rise from 23% to a notable 27%. A newcomer on the scene, the MK Party, has made an impressive debut with a surprising 13%, while support for the radical Economic Freedom Fighters (EFF) party has dwindled to just 10%.
This changing landscape could potentially pave the way for DA to form a majority coalition with other parties excluding ANC and EFF. This tactic proved successful in Cape Town’s municipal elections back in 2006. Despite ANC’s historical appeal due to its instrumental role in ending apartheid, ongoing issues such as electricity and water shortages, high crime rates, and rampant corruption have strained voters’ loyalty.
The shifting political climate suggests that voters are seeking change and are willing to look beyond traditional party lines. This could lead to significant changes in South Africa’s political landscape moving forward.
TRUMP’S COMEBACK: Leads Biden in Hypothetical 2024 Race, Reveals Michigan Poll
— A recent poll from Michigan, conducted by Beacon Research and Shaw & Company Research, reveals a surprising turn of events. In a hypothetical race between Donald Trump and Joe Biden, Trump takes a two-point lead. The poll shows 47% of registered voters backing Trump while Biden comes close with 45%. This narrow lead falls within the poll’s margin of error.
This represents an impressive swing towards Trump by 11 points compared to a July 2020 Fox News Beacon Research and Shaw Company poll. During that time, Biden held the upper hand with 49% support versus Trump’s 40%. In this latest survey, only one percent would back another candidate while three percent would abstain from voting. An intriguing four percent remain undecided.
The plot thickens when the field is expanded to include independent candidate Robert F. Kennedy Jr., Green Party candidate Jill Stein, and independent Cornel West. Here, Trump’s lead over Biden grows to five points suggesting his appeal remains strong among voters even in a wider field of candidates.
MAJOR SHIFT in POT Policy: President to Redefine Cannabis Classification
— The President is reportedly planning a significant shift in cannabis policy, according to The Guardian. The move involves downgrading cannabis from the most restrictive Schedule I to the least stringent Schedule III under the Controlled Substance Act (CSA). This change could potentially ease tax burdens for legal cannabis businesses and modify law enforcement’s stance on marijuana laws.
David Culver, Senior VP of Public Affairs for the U.S. Cannabis Council, sees this as a potential turning point for the industry. However, some critics argue that it’s merely a symbolic move that won’t significantly alleviate challenges faced by private cannabis sellers and growers.
Despite approval for medical or commercial use in 38 states, federal restrictions on cannabis remain akin to those on heroin. Paul Armentano, Deputy Director of Norml, warns that reclassification won’t resolve existing inconsistencies between state and federal laws. Meanwhile, Kevin Sabet, president of Smart Approaches to Marijuana, fears this move might adversely affect public health.
US STEEL Takeover: BLOCKING Japanese Buyout Could Save American Jobs
— Nippon Steel, Japan’s leading steel company, is facing a storm of criticism over its planned $14 billion acquisition of U.S. Steel Corporation. The deal, unveiled on Monday, values U.S. Steel at $55 per share and has sparked immediate opposition, especially in the Rust Belt where U.S. Steel has been a cornerstone since 1901.
Despite U.S. Steel’s assurances that the merger would unite “two storied companies with rich histories,” lawmakers are demanding action. Senators J.D. Vance (R-OH), Josh Hawley (R-MO), and Marco Rubio (R-FL) have written to Treasury Secretary Janet Yellen urging the Committee on Foreign Investment in the United States (CFIUS) to halt the deal.
The senators contend that domestic steel production is vital for national security and needs careful scrutiny before permitting foreign investment. CFIUS, led by Yellen, holds the authority to stop such investments after a review process.
While experts predict CFIUS is more likely to block deals involving countries perceived as adversaries like Russia or China rather than allies like Japan, this situation highlights bipartisan worries about foreign control over crucial industries.
UK INFLATION TUMBLES to 39%: Central Bank May Slash Rates Sooner Than Predicted
— The Office for National Statistics (ONS) recently announced a surprising drop in UK inflation to 3.9% in November, a decrease from the previous month’s 4.6%. This dip, larger than what financial markets had forecasted, marks the lowest inflation level since September 2021.
This decline is primarily attributed to falling fuel and food prices according to the ONS. However, despite this optimistic news, the Bank of England’s primary interest rate remains at a staggering high of 5.25%, not seen for over a decade and a half.
Governor Andrew Bailey hinted that this stringent interest rate policy might continue for some time. Yet Samuel Tombs, chief U.K economist at Pantheon Macroeconomics suggests an alternative view — that this sharp fall in inflation could trigger an earlier-than-expected cut in interest rates; perhaps as early as the first half of next year.
While elevated interest rates initially helped curb inflation sparked by supply chain disruptions and Russia’s invasion of Ukraine, they have also put pressure on consumer spending and slowed economic growth. As such there are growing worries that maintaining high rates could inflict unnecessary damage on the economy.
US-CHINA Economic Reset PROPOSED: Will Higher Tariffs Be the New Norm?
— A bipartisan committee in the House has put forth a proposal for a complete overhaul of US economic ties with China. This includes the suggestion of implementing higher tariffs. The pivotal recommendations were released in an extensive report by the House Select Committee on Strategic Competition Between the United States and Chinese Communist Party, chaired by Mike Gallagher (R-WI) and Raja Krishnamoorthi (D-IL).
The report posits that since its induction into the World Trade Organization in 2001, Beijing has been engaged in an economic conflict against both the US and its allies. It outlines three key strategies: revamping America’s economic relationship with China, limiting U.S. capital and technological inflow into China, and strengthening U.S. economic resilience with allied support.
One notable recommendation is to shift China to a new tariff column to enforce more robust tariffs. The committee also suggests imposing tariffs on essential semiconductor chips used in everyday devices like phones and cars. This move aims to prevent Chinese domination in this sector from granting Beijing undue control over global economy.
Bipartisan Committee CALLS for END of China’s Trade Status: A Potential Jolt to US Economy
— A bipartisan committee, led by Rep. Mike Gallagher (R-WI) and Rep. Raja Krishnamoorthi (D-IL), has been studying the economic effects of China on the US for a year. The investigation centered on job market changes, manufacturing shifts, and national security concerns since China joined the World Trade Organization (WTO) in 2001.
The committee released a report this Tuesday recommending President Joe Biden’s administration and Congress to implement nearly 150 policies to counteract China’s economic influence. One significant suggestion is to cancel China’s permanent normal trade relations status (PNTR) with the U.S., a status endorsed by former President George W. Bush in 2001.
The report argues that granting PNTR to China did not bring anticipated benefits for the US or trigger expected reforms in China. It asserts that this has led to a loss of vital U.S. economic leverage and inflicted damage on U.S industry, workers, and manufacturers due to unfair trade practices.
The committee proposes shifting China into a new tariff category that reinstates U.S economic leverage while reducing dependence on Chinese
UAW STRIKE Ends: Ford’s Unprecedented 30% PAY Rise Could Shake Up Detroit Automakers
— The United Auto Workers (UAW) union has reached a tentative contract agreement with Ford. This development could signal the end of the nearly six-week-long strikes that have rocked Detroit automakers. However, this four-year deal still needs approval from Ford’s 57,000 union members.
The agreement could shape future negotiations with General Motors and Stellantis, where strikes are ongoing. UAW has urged all Ford workers to resume work, hoping to pressure GM and Stellantis into bargaining. More details on how this strategy will be implemented are expected soon.
In a video address, UAW President Shawn Fain announced that Ford offered a wage increase of 50% more than before the strike started on September 15th. UAW Vice President Chuck Browning, who served as the chief negotiator with Ford, disclosed that workers would see an overall wage increase of 25%. This would push the total pay rise over 30%, resulting in top-tier assembly plant workers earning above $40 per hour by contract’s end.
Before this agreement, all three automakers had suggested a pay rise of just 23%. Under the new deal, assembly workers will receive an immediate raise of 11% upon ratification — nearly matching all wage increases since 2007.
LABOUR PARTY Triumphs: Shocking Upset in Special Elections Reshapes UK Political Landscape
— In a surprising turn of events, Britain’s Labour Party has managed to secure two Parliament seats previously dominated by the Conservatives. This unexpected victory took place in the special elections held in Tamworth and Mid-Bedfordshire, with a significant number of voters switching their loyalty to Labour.
This win strengthens Labour’s standing as the primary challenger for next year’s national election. It also piles pressure on Prime Minister Rishi Sunak to rejuvenate his party’s reputation. Keir Starmer, the leader of the Labour Party, proclaimed that his party is “redrawing the political map”.
The victories were marked by Sarah Edwards’ success in Tamworth and Alistair Strathern’s triumph in Mid-Bedfordshire, both overcoming substantial Conservative majorities from 2019. However, it should be noted that voter turnout was relatively low at 36% and 44% respectively. Additionally, these elections took place under unique circumstances due to resignations from former lawmakers.
UK Inflation DEFIES Predictions, STAYS at 67%: What’s Next for the Economy?
— The UK’s inflation rate held steady at 6.7% in September, flying in the face of economists’ predictions for a slight decrease. The Office for National Statistics highlighted that while food and drink prices dipped, they were counterbalanced by an uptick in fuel costs.
This persistent inflation rate is more than triple the Bank of England’s target of 2%. Despite this, it is not expected that the bank will hike interest rates during its November policy meeting. Instead, it seems set to keep its main borrowing rate at a peak not seen in 15 years — a hefty 5.25%.
James Smith from the Resolution Foundation think tank offered his perspective on this economic puzzle: “For now, progress on reducing inflation has hit a roadblock.” He anticipates a significant drop to below 5% next month as energy prices are projected to fall for most consumers.
In response to price surges triggered by pandemic-induced supply chain disruptions and Russia’s invasion of Ukraine — both factors contributing heavily to increased food and energy costs — the Bank of England has been steadily cranking up interest rates from near zero levels.
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TRUMP’S Triumph: A Historic White House Return Shakes UP America
— In a historic White House meeting, President-elect Donald Trump and President Joe Biden discussed the transition of power after Trump’s decisive 2024 election victory. This encounter marked Trump’s first return to the White House since his win, setting a cooperative tone for the transition period. Despite past political rivalry, both leaders showed professionalism and mutual respect.
Their conversation focused on key topics, including strategies from Biden’s administration and ensuring a smooth handover of duties. Trump expressed gratitude for Biden’s willingness to facilitate constructive dialogue, reinforcing America’s tradition of peaceful leadership transitions. The atmosphere was cordial as both parties aimed to maintain national stability during this period.
Trump’s victory across all seven battleground states highlights his strong political comeback amid a dynamic landscape. Meanwhile, Biden’s party is introspecting and planning future strategies following the unexpected electoral outcome. The meeting is expected to lead to further collaboration on critical national and foreign policy issues during the transition.
The media spotlighted this meeting as a reaffirmation of democratic processes amidst global political volatility. As Trump prepares to take office again, there is significant anticipation about how his leadership will shape America’s future while upholding democratic values during electoral transitions.
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