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‘Worse than we think’: Trump’s Iran war failures causing MASSIVE economic disruption across globe
MSNBC· 2026-04-10 21:45
Donald Trump woke up today between a ro and a hard p place. The rock came in the form of surging inflation and gas prices, and the hard place is the fool first lady Melania Trump made out of his acting attorney general Todd Blanche who brushed away the Jeffrey Epstein story as old news earlier this week. First, the crippling economic news.Inflation surged to its highest levels in the United States in two years because of the global energy crisis created by the war with Iran. March saw a record 25 % jump in ...
Iran-Turkey Border: Iranians Fleeing the War Share Their Fears
The Wall Street Journal· 2026-03-22 02:00
I'm here at the Capcoy border crossing between Turkey and Iran where there are many Iranians coming here to Turkey and some going home. It's been more than two weeks of war and the Iranians we've been talking to here say that they've been experiencing air strikes that are shattering the windows of their homes. They can't sleep at night.Their children are waking up. You also have traveling in the other direction many Iranians who live in Turkey, who work here, who study here, who haven't been able to contact ...
Taxi drivers wait in long fuel lines as Cuba's economic crisis worsens
NBC News· 2026-03-20 15:47
And take a look at this. Cab drivers, hundreds of them, waiting here all night for simply five gallons of gas. And to get it, they need this governmentissued card.Jose Menes slept in his pink 1952 Ford convertible. What do you do if you can't drive people around. >> This is not the first time we are in great difficulty.So, we uh we have managed to uh always have a plan B. Lines also forming at the street market for food for those who can't afford it. >> Today is the farmers market and I can't buy anything b ...
Trump on Cuba: "I can do anything I want with it"
MSNBC· 2026-03-17 14:43
Another significant story we're following, an island-wide blackout hit Cuba yesterday amid that country's deepening energy and economic crisis. All 11 million residents of the island were without power after energy officials reported complete disconnection of the national electrical grid. Only about 5 % of the island's power was restored by late last night with officials warning the fragile grid could fail again.The blackout is Cuba's third major outage in just four months as the government lacks proper fun ...
Israeli strikes hit Lebanon's capital of Beirut
MSNBC· 2026-03-11 16:02
wave of strikes on Lebanon's capital Beirut, targeting Hezbollah, pummeling this city, day after day in this regional war. We've been seeing thick columns of smoke rising up from these airstrikes. You see it there in the middle.Already some 700 ,000 have fled since the start of this conflict, according to the United Nations. This says the country is still recovering from the last war between Israel and Hezbollah. And pressure is mounting on Lebanon's new government formed just last year to bring an end to t ...
Trump: Cuban government is ‘in its last moments of life’, negotiations with Havana underway
MSNBC· 2026-03-07 21:43
Amidst the Iran war, President Trump raising prospects the U .S. may take aim at Cuba next after remarks at the Shield of the America summit today. MSNOW White House reporter Akilah Gardner is in Doral, Florida for us.Akilah, welcome. So what did we hear from the president. Alex, President Trump said today that Cuba is in its last moments of life as it currently functions.The country right now is in crisis after its two main sources of oil both from Venezuela and Mexico have been cut off as a result of U .S ...
Mark Cuban Would Choose Bitcoin Over Gold in a Crisis. Markets Aren't So Sure
Yahoo Finance· 2026-01-30 14:01
Core Argument - The debate between Bitcoin and gold as safe-haven assets is reignited, with billionaire investor Mark Cuban asserting that Bitcoin has structural advantages that make it more valuable than gold during economic crises [3][4]. Group 1: Bitcoin vs. Gold - Cuban argues that gold's value is primarily as a hedge, and in extreme scenarios, its physical nature can be a liability [4]. - Bitcoin is digital, easily divisible, and transferable across borders, giving it an edge as a store of value and medium of exchange [4][5]. - Despite Cuban's endorsement, gold continues to attract steady demand, especially from institutions prioritizing stability [5][7]. Group 2: Market Performance - Bitcoin surged over 130% in 2024, briefly exceeding $100,000 per token, but entered 2025 nearly 40% below its 2021 highs [6]. - Gold gained approximately 26% over the same period and is trading near record levels in 2026, indicating a historic rally despite rising bond yields and a stronger U.S. dollar [6].
The Last Word with Lawrence O'Donnell - Dec. 5 | Audio Only
MSNBC· 2025-12-06 05:40
the last one with Allieville, she starts right now. Hey, Allie. There was so much great stuff in your show tonight, but I'm important to play that Dan Bongino clip, right? Where he just says it out there. It's like, yeah, I used to have opinions that weren't based in fact, and now I'm the deputy director of the FBI, so I have to be based in fact, but one day I'll be back in that. It's like, what are you talking about? I'm taking a brief hiatus from pushing conspiracy theories for profit. That was weird. Jus ...
Melissa to hit Cuba as it deals with power, food and disease issues
NBC News· 2025-10-28 18:10
Hurricane Melissa is expected to cross Jamaica and then hit eastern Cuba. You can actually see the storm preps underway in Havana and evacuations in Santiago de Guuba. >> The National Hurricane Center warning that that heavy rain could trigger catastrophic floods and landslides there.NBC News reporter Ed Augustine is following the latest from Havana for us. Ed, it's good to see you and hear you. Cuba facing constant nationwide blackouts, fuel and food shortages, even a deni fever outbreak prior to Melissa.S ...
How America's Debt Spiral Could Spark The Next Crisis
CNBC· 2025-07-07 10:01
U.S. Fiscal Situation & Debt Concerns - The U.S federal budget is on an unsustainable path, potentially leading to rapid financial instability if spending issues are not addressed [1] - America's borrowing levels are currently the same size as the entire economy and are expected to skyrocket [2] - There is a greater than 50% chance of experiencing a financial trauma related to the deficit or debt levels within three years if the issues are not addressed [11] - The U.S is expected to spend nearly $1 trillion on interest payments this year due to soaring debt and higher rates [24] - The Congressional Budget Office (CBO) expects net interest costs in 2025 to surpass spending on Medicare, Medicaid, and national defense [24] - The cost to service the U.S debt is expected to be 18% of total tax revenue this year, compared to less than 10% in 2022 [25] Potential Consequences & Risks - Unsustainable fiscal policy could lead to a collapse in fixed income and bond markets within 20 years [8][9] - The U.S may resort to printing money to cover its debt, potentially leading to inflation [10] - Rising borrowing costs could negatively affect the health and growth of the U.S economy [23][24] - Unchecked debt levels risk leaving a weaker economy to future generations [30] International Implications - International holdings of U.S treasuries were near a record $9 trillion in April [40] - China, while one of the largest foreign holders of U.S treasuries, has been steadily reducing its holdings [39][40] - Japan holds more than $1 trillion worth of U.S debt, the most of any foreign country [42]