Is punishing the poor Trump’s last hand to play?

13 octobre 2026 à 07:00

The pre-midterm defenestration of ACA enrollees looks like political madness – but the president appears to believe hitting poor people might work for him

There is a manic quality to Donald Trump’s desperate dash to do something, anything, ahead of November’s midterm elections to convince beleaguered Americans that he can make the pressures his policies have imposed on their livelihoods go away.

The US president offered to lower barriers against beef imports to limit surging meat prices, only to consider backtracking under pressure from the cow lobby. He offered to stop diesel exports, only to find oil companies were not interested. He weakened fuel efficiency standards, claiming this would trim the price of a new car (and forgetting to point out it will also raise spending on gas.) In early October he started mailing $500 checks to nearly a million people touting his healthcare “wins”. Oh, and he promised adult Americans a $5,000 check if Republicans maintain control of Congress. That, too, will go nowhere.

US news | The Guardian

Threat of AI share crash puts world financial stability at risk, says IMF

Par : Heather Stewart in Bangkok and Kalyeena Makortoff in London

13 octobre 2026 à 08:30

High valuations and debt put sector in danger, while fund also warns on government borrowing and cyber-attacks

IMF warns global economy ‘could soon test the limits of resilience’

The threat of an AI share price crash rippling out across global markets is putting world financial stability at risk, the International Monetary fund has warned.

In its twice-yearly Global Financial Stability Report, the IMF highlighted the sky-high valuations for AI companies along with their increasing debt pile as one reason that risks in the system are “elevated”.

US news | The Guardian

US’s Reagan-era economic promises return as Trump’s AI-fueled growth fantasy

Par : Eduardo Porter

11 octobre 2026 à 07:00

‘Even if AI supercharged the economy, its impact on the government’s finances would be muted’

Back through political history to the age of Ronald Reagan, Republicans have repeatedly promised the US public that tax cuts would pay for themselves, firing up economic growth and filling the government’s coffers.

The promise never really panned out. From the Gipper’s day on, the Republicans’ tax cuts inevitably increased the budget deficit. Despite its failure, though, the promise is back, coated in a fine new layer of artificial intelligence pixie dust. It will fail again.

NYT > World News

Argentina’s ‘Golden Passport’ Program Offers Citizenship in Exchange for Foreign Cash

Par : Emma Bubola

2 octobre 2026 à 15:13

The program would grant citizenship to people who make major investments in Argentina. Similar efforts have yielded significant income for small economies, but have also led to risks.

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