China uses military forces to kill the Philippines and other neighbors by a thousand cuts, slowly encroaching on national waters. China is aggressively using military forces to take territory from its neighbors.
“The agreement, which Argentina’s central bank announced Monday, allows for a $20 billion currency swap that’s aimed at propping up the Argentina peso ahead of crucial midterm elections that will determine the political success of President Javier Milei, a staunch ally of President Donald Trump.
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Beyond the $20 billion of financing for Argentina through the swap, Bessent has said he’s also organizing another $20 billion in financing that will be funded by private lenders or sovereign wealth funds.”
One reason the U.S. is behind China in rare earth metals is that China can tell companies what to do for the good of the country, while Congress and presidents have allowed companies to chase short-term profits at the expense of the country.
“By hiking tariffs on nearly all imports to the United States earlier this year, President Donald Trump effectively imposed one of the largest tax hikes in American history—and did so without congressional approval.
Now, the Trump administration is reportedly preparing to spend some of the revenue from those tax increases—also without congressional approval.”
Israel’s decision to go into Gaza City, Hamas’s remaining stronghold, helped get Hamas to agree to a cease fire. Israel’s failed strike on Hamas in Qatar helped put countries like Qatar on notice that Israel was serious, and helped get them to more strongly support a deal. Trump sending people perceived as close to himself as negotiators helped convince Middle East actors that Trump was serious about a deal and that these negotiators negotiated on his behalf. Trump made very strong demands that effectively would amount to a Hamas surrender. Hamas agreed to some, but quibbled with others. Trump just accepted the yes and said we’ll figure out the other stuff later, creating a cease fire.
The United States military is making extrajudicial illegal killings of potential drug traffickers, apparently killing a boat of Colombians this time. The U.S. is threatening a regime change war with Venezuela.
“A coalition of investors from Oracle, MGX, and Silver Lake has agreed to buy TikTok and run an American version of the company, separate from ByteDance’s ownership.
“The deal is aimed at helping TikTok comply with a federal law, which banned the app in the United States in January out of concern that Beijing could use it to gain access to Americans’ sensitive data or to spread propaganda,” reports The New York Times. President Donald Trump “has delayed enforcement of the ban repeatedly. The Thursday order gives negotiators until mid-January to finalize the deal.”
MGX is technically not American; it’s an investment firm that was established by the government of Abu Dhabi in 2024. Emiratis tend to have very strong ties with China.
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it’s not clear that part-Emirati owners will be all that much better, or that the Trump administration’s frequent insistence on meddling in private business affairs sets a good precedent.”