
Eric Loh
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Trump Fires USAID Inspector General Amid Reports of Misuse of Funds
Eric Loh replied to Social Media's topic in World News
Talk to the small farmers who were the primary suppliers to the USAid food programs. They voted Trump and now have nothing but scorn for him -
Nothing on ensuring the security of Ukraine against Russia. NATO membership only means to guarantee Ukraine security. Trump ia not a reliable negotiator for finding an amicable solution.
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The executive orders were designed to make life harder for renewable energy companies and easier for oil, gas pipeline businesses but will that lead to more oil and gas production that will push down prices which what Trump want as part of his plan to lower inflation. It is just good as a campaign slogan but the reality is harder to achieved.
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It's the economic stupid and it will hit home and hard. The headline CPI inflation was 3% in January compared to consensus economost forecast of 2.8% price increase from Jan '24 to Jan '25 according to DJ. Consumer prices rose 0.5% from Dec to Jan on a seasonally adjusted basis, WORSE than estimates of 0.3% month over month rise. This inflation spike is even before his silly trade war started. DJ, S&P and Nasdaq are tanking and Powell's speech pointed to the FED not reducing the rate soon. That will hurt the consumer sentiment. His honeymoon period will be shortlive.
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U.S. Resumes Food Donations to World Food Programme After Suspension
Eric Loh replied to Georgealbert's topic in World News
Reckless wrecking ball approach with no plan and made adjustments along the way when problems become evident. This is a disastrous freewheeling administration that is a recipe for disaster. Already 3 weeks of numbing chaos. -
Forget the nitty gritty stuff. Look at the big picture. China was able to host 2 meetings and has allowed China to manoeuvre itself to be the antithesis to US. They have mediated unity agreement between Hamas and Fatah and post war governance and china support a 2 states solution. Trump’s plan will not received any support from the Middle East countries. His plan only benefit China.