The US federal government reduced its payrolls by 10,000 in a potential harbinger of the alarm being sounded by the stock market, consumer confidence and other measures of where the economy is headed. Since January, the economic policy uncertainty index has spiked 41 per cent to a level, 334.5, that in the past signalled a recession.
Tag: United States of America
Donald Trump says “India charges us auto tariffs higher than 100%”; announces tit-for-tat US tariffs globally from April 2
Trump said on March 4 night, in an address to the Joint Session of the Congress, the first of his second term in the White House, “Other countries have used tariffs against us for decades and now it’s our turn to start using them against those other countries. On [an] average, the European Union, China, Brazil, India — Mexico and Canada, have you heard of them — and countless other nations charge us tremendously higher tariffs than we charge them. It’s very unfair.”
Moon landing: Private lunar lander Blue Ghost touches down with special delivery for NASA
Firefly Aerospace’s Blue Ghost lander descended from lunar orbit on autopilot, aiming for the slopes of an ancient volcanic dome in an impact basin on the moon’s northeastern edge of the near side.
Confirmation of touchdown came from the company’s Mission Control outside Austin, Texas.
3 years of Russia-Ukraine war: America pressures Ukraine to scrap UN resolution demanding Russian troops’ withdrawal
The duelling UN resolutions by the United States of America and Ukraine highlight the tension between the US, Ukraine, and European countries in the five weeks since President Donald Trump took office and has opened talks with Russia after years of isolation in a bid to end the war.
Singapore must “retool, reskill, reboot” its economy as foundations of success are eroded, says Vivian Balakrishnan
The Indian-origin foreign minister spoke at the Singapore Institute of International Affairs Year Opener “Outlook 2025 – Singapore at 60 and The Road Ahead”. He looked back at the 60 years that have marked the astonishing success story of Singapore; he also looked ahead to the decades in which the world order will not be guided by Pax Americana.
Donald Trump inauguration: All the President’s men and women of Indian origin
The Trump picks have to be confirmed through Senate hearings. Bloomberg has reported that the “nominees will begin testifying before the US Senate next week as Republicans rush to install the new cabinet soon after the Jan. 20 inauguration”.
Indian Americans march from White House to US Capitol in protest against spate of attacks on Hindus in Bangladesh
Raising slogans like “We Want Justice” and “Protect Hindus”, the peaceful demonstrators have urged the outgoing Joe Biden administration and the incoming Donald Trump administration to ask the new government in Bangladesh (headed by Muhammad Yunus) to take steps to protect Hindus and also to take action against those attacking Hindus.
SM Lee goes #jalanjalan during China visit; says Singapore needs to be “friends with all sides”
Posting a series of images on his Twitter account, signed “LHL”, at the end of his six-day visit, SM Lee wrote: “Took a #jalanjalan at the lively Yuyuan Old Street in the evening. Every corner is captivating as the traditional Chinese buildings are illuminated with beautiful lights.” The phrase “jalan jalan” is Singlish — that is, Singapore English — for “taking a stroll”.
Be careful with your cash: Amid geopolitical tensions, MAS advises Singapore to be ready for volatility
In its analysis of the ‘Global Macrofinancial Environment’, the central bank of Singapore said that while global economic activity “has remained resilient”, there was still a risk because of “heightened policy uncertainty, trade tensions, and geopolitical conflicts that increase the probability of adverse shocks”.
Singaporeans must stand united to be heard on the world stage as global order shifts, says PM Wong at PAP70 conference
Set to become the next PAP Secretary General, completing the Singapore leadership transition, PM Wong told the audience, “With your support, and support from our newly elected CEC, I will lead the PAP into the next general election.”
