Morocco is struggling to quash rare youth protests sparked by anger at the government’s vast spending on preparations for the 2030 football World Cup while basic services languish https://t.co/UyVoDNuq00 ...

Joining us now is Mark Short, Advancing American Freedom Board Chair. Mark was also the former White House legislative director during the first Trump administration and former chief of staff for the Office of Vice President Mike Pence. It's good to have you back, Mark.So, >> thanks, sir. >> What do you think happens here. >> Look, I I think we're headed to a shutdown.I think it's frankly to the points that Speaker Johnson just made. Uh I do think Republicans have been there before. I think typically most o ...

Westin: This is a story about short-term pain for long-term gain. Argentine President Javier Milei's strong medicine for his economy seems to be working despite the costs, but recent elections raised doubts about whether the public is willing to stay on a difficult course. - Over the weekend, President Javier Mieli was defeated in a key provincial election.- [Singing in Spanish] Westin: Milei's party lost big in the Buenos Aires provincial election, and markets reacted immediately. The peso weakened against ...

Iron ore edges lower for a second day as investors weighed Chinese demand after the latest data showed a slowdown in government spending https://t.co/pBES70h3ls ...

Remember when the government prints another trillion, this is how much money they’re printing. https://t.co/Q4NNxFntQO ...

Let's talk about it. Here with us, MCC Global Enterprise CEO Michelle Caruso Cabrera. It's a good question.People watching, well, that's sad for them. Why do they care. >> Well, government government borrowing is going up all over the world because governments at the same time because governments all over the world have been spending more than they take in when it comes to revenue.And at some point, it comes home to roost. And while we have issues in the United States and a lot of people are justifiably ver ...

Blockchain & Government Spending - Philippine Senator Bam Aquino proposed putting the national budget on-chain for citizen tracking of government spending [1] - The proposal aims to expand the Department of Budget and Management's (DBM) existing blockchain platform [1] - The DBM's current platform already records some financial documents on Polygon [1]

US Treasury Deficit - The US Treasury experienced a significant deficit of $291 billion in July, exceeding economists' expectations of $183 billion [1] - July's deficit was notably higher than the $244 billion deficit recorded in July of the previous year [2] - Increased government spending, reaching an all-time high for July, contributed to the larger deficit, with spending up 10% year-over-year [2] - The fiscal year-to-date deficit stands at $16 trillion, slightly above the level from the same period last year [3] Customs Revenue - The US collected $28 billion in customs revenue last month, a figure that includes more than just tariffs [3] - Customs revenue has increased this year, coinciding with the implementation of tariffs [4] - Year-to-date customs duties collected by the Treasury amount to approximately $115 billion [4] - The actual tariff revenue collected is significantly less than the trillions of dollars often cited [4]

Economic Predictions - A prediction suggests socialism will sweep over the nation, potentially worse than previous issues [1] - Wage growth is stagnant, impacting people across income levels due to increased costs of groceries and home goods [1] - Rent increases annually while salaries remain stagnant, creating financial strain [1] Government Impact - Nearly half of Americans are employed directly or indirectly by the government [2] - Inefficient government allocation of capital contributes to inflation [2]

Government Policy Shift - The government's stance rapidly shifted from cutting spending to stimulating GDP growth [1] Market Sentiment - The shift in government policy is perceived as bullish for the market [1]