A recent study showed that by 2034, the annual economic impact of cuts to Medicaid are estimated to result in more than 400,000 jobs lost and $183 billion in reduced economic output. https://t.co/ZPgFhFPA8o ...

Trade Policy & Tariffs - President Trump signed an executive order announcing new tariffs ranging from 10% to 41%, scheduled to take effect on August 7th [1] - Canada was hit with a 35% tariff on imports [2] - Talks with China continue with an August 12th deadline approaching, and a 90-day extension was announced for Mexico [1] - The market is experiencing uncertainty around tariff rates, impacting business investment and hiring decisions [17][20][21] Economic Impact - GDP growth was trending north of 2% before Trump took office and the trade war, but is now around 1% for the first half of the year [9] - The economy is showing signs of slower growth and higher prices, potentially leading to stagflation [10] - Tariffs are being passed through to consumer prices, affecting furniture, toys, apparel, and electronics [14] - Businesses are sitting on their hands in terms of investment and hiring due to uncertainty [20][21] Political Considerations - There is a perception that the economy is doing well, partly because earlier predictions of economic collapse due to tariffs did not materialize [5] - Democrats should focus on how tariffs contradict Trump's promise to lower costs [6] - The chaotic trade war is not resolved and further negotiations are expected [22]

Financial Overview - FIFA anticipates approximately $11 billion in revenue from the 2026 World Cup, primarily through broadcast deals, ticket packages, and sponsorships [1][14] - Toronto's budget for hosting the World Cup is $380 million, funded by federal, provincial, and city governments [3] - Toronto expects $686 million in positive economic output from hosting the World Cup [19] - Canada anticipates a $2 billion increase to its GDP and $38 billion to $4 billion in positive economic output due to the World Cup [21] Infrastructure and Stadium Upgrades - FIFA requires a stadium capacity of at least 45,500; BMO Field in Toronto will be upgraded from 30,000 seats [5] - Toronto is building temporary seating for 17,000 (10,000 on the north end and 7,000 on the south end) at BMO Field, including permanent hospitality suites [6] FIFA's Requirements and Impact - FIFA requires host countries to provide tax exemptions, security, public transport, and infrastructure support [8] - FIFA takes over external advertising spaces, renaming venues like BMO Field to Toronto Stadium [8] - FIFA reinvests approximately 90% of its revenue into soccer development worldwide [18] Economic Concerns and Benefits - There are concerns that World Cup tourists may displace regular tourists, potentially harming long-term tourism revenue [23][24] - FIFA's tax exemption requirements for fan fests and ticket sales could lead to revenue loss for host cities [25][26][27] - The Canadian federal government is investing $220 million between Toronto and Vancouver to ensure the games are world class [20]

Have you ever heard of the Rainbow Mountain of Peru. Chances are you've seen beautiful photos like this, like this, or like this on social media. We did see it.The Rainbow Mountain has become one of the world's top tourism destinations, becoming a viral sensation only in the past decade. At a time when Instagram filled a craze for picture perfect sites, almost overnight, millions of dollars poured into a poor corner of Peru, where the local indigenous community reinvented themselves as the administrators of ...

Soccer's Growing Popularity in the US - Soccer enthusiasm is rising, with current crowds resembling those seen in the 90s, but now with a more diverse audience including young Americans [4] - FIFA reports over 2 million in attendance across stadiums through the semi-final games [5] - The current high-profile undertaking serves as a dress rehearsal for the upcoming World Cup in the US [3] Economic Impact of World Cup - The World Trade Organization estimates a $47 billion economic impact on US GDP from the combined tournaments [10] - The tournaments are projected to create hundreds of thousands of jobs [10] - A significant portion of the economic impact will come from international travelers and diaspora communities within the US [10][11] Challenges and Solutions - Excessive summer heat has posed challenges, leading to incidents like fans requiring medical attention [5] - FIFA is addressing heat concerns by implementing cooling breaks, increased pitch watering, cooling stations, and shaded areas [7] - Dynamic pricing systems have resulted in significant ticket cost fluctuations, with prices dropping from $473 to around $13 for a semi-final game [5]

Their economic impact has been delayed but not averted https://t.co/YEYuMtrJPa ...

As protests spread across our country, we begin today with a sober warning from the governor of the state of California. That is, of course, the state at the epicenter of both Donald Trump's immigration crackdown and his efforts to use the United States military inside the United States and to potentially use it against Americans. In a speech last night, Governor Gavin Newsome accused Donald Trump of taking the nation to the brink by escalating a situation that state and local officials could have handled.T ...