Tag: Donald Trump

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‘Know they’re lying’: Morning Joe doesn’t hold back over ‘lunacy’ of deadly Trump attack

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MSNBC’s Joe Scarborough bashed President Donald Trump’s administration for carrying out a series of military strikes on alleged drug smuggling boats near Venezuela. The U. S. military has killed at least 60 people in the strikes over the past two months as Trump pressures Venezuelan President Nicolas Maduro, who the administration claims is illegitimate and the leader of a drug-trafficking organization, and the “Morning Joe” host accused them of “lying” about the situation.”It’s bizarre,” Scarborough said. “I mean, you look at where the drugs are coming in from Central and South America, the vast number of them are not coming from Venezuela. The suggestion that you’re going to stop fentanyl trafficking and the trafficking of cocaine and other drugs by blowing up boats off the coast of Venezuela is just complete lunacy and everybody knows it. Democrats and Republicans alike know they’re lying,” he added. “This isn’t about a drug war.”Washington Post columnist David Ignatius compared the administration’s posture to the 1823 foreign policy doctrine established by President James Monroe declaring that North and South America should be free from European influence.”This is about flexing your muscles in your own hemisphere,” Ignatius said. “The Wall Street Journal cleverly described this as the ‘Donroe Doctrine,’ playing off the Monroe Doctrine, which asserted that the this hemisphere, North and South America is our space and nobody’s allowed to to infringe on it, and Trump, as in so many other ways, seems to be moving back to the 19th century, and those definitions of American foreign policy at a time when U. S. interests are so clearly threatened in Europe by a very aggressive advancing Russia, and in Asia by by a growing Chinese threat. All this focus on Central, Latin America is just hard to understand.”.

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Ohio refugees will lose their SNAP benefits next month under Trump’s ‘Big Beautiful Bill’

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Upcoming changes to the Supplemental Nutrition Assistance Program (SNAP) will soon restrict which Ohioans are eligible for benefits. The One Big Beautiful Bill, which President Donald Trump signed into law on July 4, changes “non-citizen eligibility for SNAP.” Only U. S. citizens, green card holders who have gone through a five-year waiting period, and some Haitian and Cuban nationals with special status will be eligible for SNAP. This means refugees, people who have been granted asylum and human trafficking survivors will all lose their benefits, according to the Ohio Department of Job and Family Services. The USDA’s Food and Nutrition Service.

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Japanese Yen posts modest gains above 152.50 despite trade optimism

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The post Japanese Yen posts modest gains above 152. 50 despite trade optimism appeared com. The USD/JPY pair trades with mild losses near 152. 75 during the early Asian session on Tuesday. Nonetheless, the potential downside might be limited by optimism over a potential US-China trade deal. Traders will closely monitor the Federal Reserve (Fed) interest rate decision later on Wednesday. On Thursday, the Bank of Japan (BoJ) interest rate decision and the meeting between US President Donald Trump and Xi Jinping will be the highlights. The US and China reached a preliminary agreement that would prevent a new round of tariffs and keep critical rare earth mineral supplies flowing to the US from China. Trump said on Monday that “I really feel good” about a deal with China, after officials unveiled a slew of agreements to ease tensions. Trump will meet Chinese President Xi Jinping later on Thursday to decide on the framework of a trade deal. Positive developments to defuse trade tensions could boost risk appetite and undermine safe-haven currencies like the Japanese Yen (JPY). The Fed is widely expected to cut interest rates by 25 basis points (bps) at its meeting ending on Wednesday. This would be the second rate reduction of the year, bringing the Federal Funds Rate target range down to 3. 75% to 4. 00%. Most economists anticipate additional rate cuts later in the year and into 2026. On the JPY’s front, the expectation that Japan’s new Prime Minister Sanae Takaichi would maintain expansionary spending policies and resist early tightening could weigh on the JPY and create a tailwind for the pair. Reports suggest Takaichi may unveil a major stimulus package as soon as next month, potentially exceeding last year’s 13. 9 trillion Yen program aimed at easing inflationary pressures on households. The BoJ is broadly expected to hold its interest rate steady at 0. 5% at its upcoming policy meeting on Thursday. Traders will.

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