Actually, I don't think it's so much a surprise that it's happening is more like, why did it take so long. And I think a lot of it has to do with higher interest rates, exposing the severity of the imbalances. And from a financial perspective, what we're witnessing right now is an unwind of the capital misallocation going back to 2008 and arguably all the way back to the fall of the Berlin Wall in 1989.And, you know, driving those misallocation one was the the GFC. The United States had the biggest stimulus ...

Republican party leaders are rushing to overcome lingering internal fights over President Donald Trump’s massive tax and spending package as Democrats launch attacks to exploit the divisions. https://t.co/98WN760HvJ ...

Just how strong is this pushback from the Republican Party over the weekend. Yeah. Hey, Jon.Good morning. Well, we know at least two Republicans who are likely no's, and that could serve a problem for Senate Majority Leader John Thune, because he can really only afford to lose one more before he has to call in Vice President J. D.Vance to cast a tie breaking vote. Now, one of them we just heard from that Senator Thom Tillis, a Republican from North Carolina. He's raised concerns about changes to Medicaid, i ...

And then the 30 years at 481. >> Meantime this all against the backdrop of what's happening in Washington. The Senate set to begin what's likely to be a long series of amendment votes on President Trump's tax and spending bill comes after a near constant weekend of work for lawmakers.Emily Wilkins joins us with the latest. And there was a lot of drama. >> There was a lot of drama, Andrew.But at this point, the Senate is could vote on that Trump mega bill as early as today. They are at that point so long, of ...

Europe’s pledge to boost its military spending will help defuse a trans-Atlantic trade war, because much of the new money will go toward U.S. arms, one of the EU's top two officials said https://t.co/XelOGpycu7 ...

Fincantieri plans to focus some Italian civil and military shipyards on just making warships, in the latest sign that Europe’s defense-spending bonanza is reshaping industrial strategy https://t.co/jr5vHaHxiD ...

Given the size of rich countries’ deficits, textbooks would advise, at the very least, cutting back on spending. Today’s governments prefer to double down https://t.co/cr5em9MsAT ...

The UK’s bright weather is lifting spirits and helping fill cash registers, @lararhiannonw writes, but it also comes with challenges (via @opinion) https://t.co/xfWrrZDopP ...

China’s envoy to Canberra urged Australia not to be “incited” by NATO’s support for US demands to sharply raise defense spending and instead cooperate with Beijing https://t.co/ZdyQce4R1p ...

Between tariffs and defense spending, ties between the US and Japan aren't what they used to be, writes @GearoidReidy (via @opinion) https://t.co/BxHfxI4NDT ...