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#TrumpVsPowell Warren Warns: Trump's Firing of Powell Would Unleash Financial Crisis.
Senator Elizabeth Warren has issued a stark warning: if Donald Trump fires Federal Reserve Chairman Jerome Powell, the markets will collapse.
She argues that such an action would undermine the financial credibility of the U.S., eroding investor confidence and triggering an economic collapse. Trump’s situation with Powell, centered on interest rates, raises serious concerns about the independence of the central bank.
Warren emphasizes that political interference in monetary policy would destabilize traditional and cryptocurrency markets, threatening global economic stability and the position of the dollar.
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RED ALERT COMMERCIAL!
WTO warns, the protectionism of #TRUMP is collapsing global trade prospects.
The World Trade Organization (WTO) has issued a serious warning, indicating a "sharp deterioration" in global trade prospects directly related to the tariff regime of former U.S. President Donald Trump.
The WTO forecasts a 0.2% decline in the volume of global merchandise trade in 2025, a drastic contrast to the previous forecast of a 0.8% increase under a "low tariff" scenario.
The steepest decline is expected to occur in North America, with projected exports decreasing by 12.6% in 2025.
The WTO warns of "serious downside risks," including the possible reimplementation of "reciprocal" tariffs and increasing political uncertainty, which could lead to an even greater contraction of 1.5% in global merchandise trade.
This grim forecast contrasts with the healthy growth of global trade in 2024, where merchandise trade increased by 2.9% and commercial services by 6.8%.
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