In September, American retail sales grew by just 0.2. percent, falling below economists’ forecasts and slowing sharply from previous months.
Tag: Donald Trump
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LOW-INCOME AMERICANS “SCRAPING FOR CRUMBS” AMID AFFORDABILITY CRISIS
“It feels like everything is closing in around us,” Anissa Camacho, a 26-year-old florist in Bethlehem, Penn., told the Financial Times.
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MORE AMERICAN HOUSEHOLDS ARE LIVING PAYCHECK TO PAYCHECK
The Bank of America Institute released a report last week that found nearly 24 percent of households in the U.S. are considered to be living paycheck to paycheck, or homes that spend 95 percent of their income on essentials, like childcare and groceries.
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TRUMP APPROVAL DROPS TO LOWEST LEVEL IN SECOND TERM: GALLUP
President Donald Trump has watched his approval rating fall to the lowest point of his second term, according to a newly released Gallup poll.
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TRUMP SAYS AIRSPACE OVER VENEZUELA SHOULD BE CLOSED, WALKS BACK COMMENT
President Donald Trump walked back a post on Saturday, appearing to call for Venezuela’s airspace to be closed, and said a day later that people should not “read anything into it.”
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TRUMP PARDONS FORMER PRESIDENT OF HONDURAS WHO PARTNERED WITH TOP DRUG TRAFFICKERS, WHILE BOMBING ALLEGED DRUG BOATS IN THE CARIBBEAN
Just as President Donald Trump’s Pentagon carries out airstrikes on alleged drug boats in the Caribbean –calling passengers “narcoterrorists,” he granted a pardon for Juan Orlando Hernández, the former Honduran president who worked with the biggest drug traffickers and once allegedly bragged that he was so efficient at allowing cocaine into the U.S., he would be able to “stuff the drugs right up the noses of the gringos.”
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TOP TREND: CANADA LOOKS TO MILITARIZE ITS ECONOMY, AND EMPLOY ARMED FORCES ‘IN ALL AREAS OF SOCIAL LIFE,’ WSWS REPORTS
The Canadian government is militarizing its country in such a way that its armed forces will play a leading role in nearly all levels of society, from its economy to a larger reserve force in the event of a large-scale war breaking out, WSWS reported.
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LAVROV INDICATES THAT REVISED PEACE PROPOSAL COULD BE REJECTED BY MOSCOW
Sergey Lavrov, Russia’s foreign minister, seemed to cast doubt on the viability of the Washington-backed peace proposal if the document undergoes any edits that erase “key understandings” that he said Russian President Vladimir Putin discussed with President Donald Trump during their Alaska summit in August.
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STABLECOIN COULD DESTABILIZE EUROPE’S ECONOMY, ECB GOVERNOR SAYS
A U.S. run on stablecoins—a mass rush to convert them to cash—could force the European Central Bank (ECB) to change its interest rate to contain potential damage to Europe’s economy, Olaf Sleijpen, governor of the Netherlands’ central bank and a member of the ECB’s governing council, warned in a statement last week.
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TRUMP’S TARIFFS HOBBLE GLOBAL GROWTH
The impact of Donald Trump’s tariff war on the world’s economy has been less than feared but still has taken a toll, according to figures released by several national governments.