James Gibney

Bloomberg - Business News, Stock Markets, Finance, Breaking & World News Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News

Spurring real market competition is the best way for politicians to improve everyday life in Latin America, says @jpspinetto.bsky.social
From bloomberg.com

Hello, 'Murrica: "If tariffs stay at current levels, they will impose an annual tax increase of $1,700 for an average household, generating more than $2 trillion in revenue over ten years—the largest tax increase on US households since 1982 as a share of GDP" via @piie.com

The Congo "peace" accord currently going up in flames is about what you would expect from a serial bankruptcy artist and a convicted felon, aka Der Gropenfuhrer

Latin America Shouldn’t Be So Triggered by the New US Strategy The White House’s National Security Strategy, released last week, has jolted Latin America. It’s the first serious attempt to spell out President Donald Trump’s sweeping foreign-policy recalibration, ...

While Trump’s play on the Monroe Doctrine alarms some in Latin America, the region has much to gain from his openly transactional strategy, says
@jpspinetto.bsky.social www.bloomberg.com/opinion/arti...

President of the United States, WTF: "Before I answer that, let me just tell you something. I’ve watched stupid people like Marjorie Traitor Greene, or some people call her Taylor Greene. Some people call her Taylor Brown because green sometimes turns to brown, which isn’t nice."

Kushner's involvement in Paramount bid for Warner plus Trump warnings about regulatory hurdles for Netflix: Your latest reminder that the US economy is more like that of Russia, Hungary, Turkey, Venezuela than ever before.

USA TODAY - Breaking News and Latest News Today USA TODAY delivers current national and local news, sports, entertainment, finance, technology, and more through award-winning journalism, photos, and videos.

Update on some of Trump's "peace" agreements:
--Thais launch airstrikes on Cambodian border
--Israeli artillery and helicopter attacks on Gaza
--fighting rages in eastern Congo after DC "peace deal"
Reminder that several of his other claims are BS:
From usatoday.com

Maduro Knows That Trump Is Bluffing It’s been nearly a month since the Pentagon’s largest warship entered Latin American waters — and still no signs of a US military offensive.

The White House’s massive military pressure campaign in the Southern Caribbean is not enough to trigger regime change in Venezuela, whose dictator is confident he can ride out the storm, says @jpspinetto.bsky.social www.bloomberg.com/opinion/arti...

Good news (sort of) is that the State Department and Foreign Service are in a shambles, the military can't afford defective weapons like the F-35, the botched Navy frigate (let's not forget the Little Crappy Ship), and heads of US intel agencies are incompetent loons. Very little will get done

This passage on Europe amounts to a staggering blueprint for subversion. You're electing the wrong governments, so we're going to undermine them:

The National Security Strategy that just dropped is mostly fallacious fellatio: to wit, "President Trump has cemented his legacy as The President of Peace."

An Old-Fashioned Cure for Fading Trust in Government Across much of the industrial world, trust in government is low and declining. Why is this happening and why, exactly, does it matter? An unusually thorough new study looks at these questions and find...

Turns out that sound macroeconomic management promotes trust--and the lack of it does the opposite, says @clive_crook www.bloomberg.com/opinion/arti...

The Trouble With Mexico's Big Minimum Wage Hikes December in Mexico isn’t just for posadas and epic traffic jams — it’s also when we find out how much the minimum wage will jump in the year ahead.

Big wage hikes have lifted Mexico’s incomes and reduced poverty, but pushing them further without productivity gains and a stronger business climate could do more harm than good, says @jpspinetto.bsky.social www.bloomberg.com/opinion/arti...

Hegseth and His War Department Have Lots of Explaining to Do He “could count by twos and tie his shoes.” That’s the opening line in episodes of Franklin, a children’s TV series about an eponymous turtle that goes on to do a lot of learning. The same thing, minu...

US Secretary of War Pete Hegseth has badly misread his situation, says @andreaskluth.bsky.social www.bloomberg.com/opinion/arti...

Yes, Hegseth communicated his intent to ensure that an American SEAL Team violated the rules of war and the Pentagon's code of conduct in order to create more snuff films for his commander-in-chief. And Senator Wicker, let us not forget, was his champion.

"I am also confident that as an infantryman Mr. Hegseth understands the military principle of commander's intent -- communicate the clear objective, empower subordinates to use initiative and judgment, and hold everybody accountable."

It's sweet that Senator Roger Wicker wants to hold hearings on Hegseth's war crimes. Just a reminder of what he said about this golden child during confirmation: "He will inject a new warrior ethos into the Pentagon, a spirit that can cascade from the top down."

Mass Deportation Will Save Renters Less Than $5 a Month President Trump wants to deport his way to affordability. But immigration can’t explain the housing crisis, and deportation won’t fix it.

Yet more proof that JD Vance was a diversity admit for Yale Law School:

Mass Deportation Will Save Renters Less Than $5 a Month open.substack.com/pub/mikekonc...

Trump to Venezuelans: Prepare yourself for airstrikes against narcoterrorists. Trump to Hondurans: Please vote this Sunday for the party whose former president was convicted in the US for cocaine trafficking and sentenced to 45 years before I, uh, pardoned him.

After Maduro Comes the Hard Part: Fixing Venezuela’s Economy Speculation about Venezuela is so rife these days that it’s pointless to add more dubious predictions. One thing, however, is clear: if Nicolás Maduro’s regime finally falls — a big if, even with the ...

If and when Maduro exits, Venezuela will be staring at one of the most monumental economic reconstruction efforts in modern history, says @jpspinetto.bsky.social www.bloomberg.com/opinion/arti...

After Maduro Comes the Hard Part: Fixing Venezuela’s Economy Speculation about Venezuela is so rife these days that it’s pointless to add more dubious predictions. One thing, however, is clear: if Nicolás Maduro’s regime finally falls — a big if, even with the current US military buildup in the Southern Caribbean — the country will be staring at one of the most monumental economic reconstruction efforts in modern history.

If and when Maduro exits, Venezuela will be staring at one of the most monumental economic reconstruction efforts in modern history

The Ukraine Peace Plan Is 28 Points of Embarrassment When the captain has no compass, the crew starts fighting over nautical charts and the rudder. So it is with the United States, which now has several foreign policies rather than one, as factions insi...

The White House's peace plan for Ukraine proves the United States has not one but several foreign policies — and no president to make them cohere, says @andreaskluth.bsky.social www.bloomberg.com/opinion/arti...

A Brief History of Enlightened Oppression The competing demands of progress and liberty have long caused tension in liberal thought, especially in regard to relations between the West and the Rest. Bill Easterly’s marvelous new book, Violent ...

The world needs development experts who listen more, dictate less and are mindful of their own record of failure, says @opinion.bloomberg.com's clive crook www.bloomberg.com/opinion/arti...

Schott's Significa: A Miscellany of Secret Languages Here is an obsessive and fascinating look at the systems of language and knowledge that surrounds us. Ben Schott breaks down the lingo, slang, and jargon found in dozens of fascinating professions, ev...

What better time for a "Schott's Significa" break than Friday afternoon? My term of the day is "prole gap," from @benschott's stroll down Savile Row. No spoilers. www.amazon.com/Schotts-Sign...

Reintegrating Russia back into the world economy and the G-8? Sure, if you want CEOs falling out of windows, cups of polonium tea, cybercrooks sitting at your table. Sadly, Russia is a gangster state. It deserves to remain a global pariah, dealt with firmly.

Read the Full Text of the US-Russia 28-Point Plan for Peace in Ukraine This is the 28-point peace plan drawn up by US officials for ending Russia’s war in Ukraine.

Here's the short version of the Trump administration's 28-point peace plan: Russia walks away with everything it wants, the US gets some cash, Europe whines in the corner, and Ukraine is well and truly fucked. www.bloomberg.com/news/article...

The guys building our AI future are dangerous. Should we fear their sci-fi fantasies?

The guys building our AI future are dangerous, says @eduardoelreportero.bsky.social And he's right: humanists they ain't. open.substack.com/pub/eduardoe...

Autocorrect has become our worst enema.

Feeling it. Let’s do it.

Mexico’s Crackdown on Protesters Reveals New Fault Lines What was supposed to be a quiet long weekend in Mexico City instead yielded violent images that went viral.

The heavy-handed response by Mexico's President Claudia Sheinbaum to dissent will bolster the opposition’s charges of authoritarianism, says @jpspinetto.bsky.social www.bloomberg.com/opinion/arti...