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In 2024, Republicans may complete a historic foreign policy reversal
CNN — The GOP in 2024 is moving toward a reprise of its most consequential foreign policy debate ever in a presidential primary. Only this time, the results may be reversed. The 1952 GOP presidential nomination fight proved a turning point in the party’s history, when Dwight Eisenhower, a champion of internationalism and alliance with Europe to contain the Soviet Union, defeated Sen. Robert Taft, a skeptic of international alliances who wanted to shift America’s focus from defending Europe toward confronting communist China. A similar divide is opening within the GOP now. In a distant echo of Taft, former President Donald Trump and Florida Gov. Ron DeSantis, the race’s two…
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Republicans: Trump shadow looms large over House GOP policy retreat
Orlando, Florida CNN — Property Republicans experienced hoped to use their yearly retreat to get on the same page about impending policy battles and devise a tactic to maintain their fragile the vast majority. As a substitute, they discover themselves participating in protection for previous President Donald Trump. Whilst most Republicans experienced hoped to steer distinct of any presidential politics – even with getting in Florida, house to two significant opportunity GOP rivals in 2024 – Trump’s announcement in excess of the weekend that he expects to be imminently arrested has set him back again in the center of the conversation and pressured Republicans to publicly rally to his facet.…
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Attitudes begin to shift regarding monetary policy, economic growth, and stock prices
This post was originally published on TKer.co Stocks declined, with the S&P 500 falling 1.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} last week. The index is now up 6.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} year to date, up 14.4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from its October 12 closing low of 3,577.03, and down 14.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from its January 3, 2022 closing high of 4,796.56. Over the past two weeks or so, it seems attitudes have begun to shift favorably regarding monetary policy, economic growth, and the trajectory of stock prices. 1. The Fed acknowledges inflation is coming down 🦅 In May of last year, Fed Chair Jerome Powell warned “there could be some pain involved in restoring price stability.” A month later, we learned inflation was…
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Trump unveils new education policy loaded with culture war proposals
“As the expressing goes, personnel is plan and at the conclusion of the day if we have pink-haired communists teaching our youngsters we have a main problem,” Trump reported. “We’re at the end of the record on schooling and but we spend the most, but we’re going to be tops in education and learning no subject where you go everywhere in the planet.” While significant swaths of schooling policy are dictated by point out and neighborhood governments, Trump’s proposals still symbolize a radical departure from prolonged-standing approaches. Taken in whole, they characterize an try by the previous president to set his have imprint on debates close to the nation’s faculty…
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A historic show of Black political unity is light on policy
On Thursday, the Rev. Al Sharpton convened what he billed as a historic assembly of New York’s prime Black elected officials — which is also to say a conference of New York’s major elected officials. Blacks occupy just about every situation of main political affect in New York, from mayor to condition attorney general to the state’s two legislative leaders. And on Thursday they sought to get on the identical web page concerning the concern of community protection. “Never in advance of in the historical past of this point out have we noticed so several of our major officials come from the Black local community. And it was our concept…
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Why Japan’s shock policy shift didn’t ‘freak out’ US markets: Morning Brief
This short article to start with appeared in the Early morning Transient. Get the Morning Short sent directly to your inbox each Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 21, 2022 Modern newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Stick to Julie on Twitter @juleshyman. Examine this and more current market news on the go with Yahoo Finance Application. Traders confronted a person extra shock late Monday to cap off a unstable year: a surprise adjust in monetary plan from the Bank of Japan. The BoJ announced a tweak to its generate curve command policy, indicating it will now allow the yield on…
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