Moody’s Mark Zandi wrote Monday that if oil prices remain elevated for long, a recession will be “difficult to avoid.” Source: https://thehill.com/business/5788865-moodys-economist-mark-zandi-warning-recession-threat/
The Trump administration’s move to block Anthropic from government systems without a formal order amid an intensifying legal battle with the AI company has put federal agencies and contractors in a bind. As agency leaders grapple with informal directives from President Trump and the Department of Defense, the situation exposes challenges and costs… Source: https://thehill.com/policy/technology/5788261-nobody-really-knows-pentagon-clash-with-anthropic-throws-agencies-into-limbo/
Secretary of State Marco Rubio said Tuesday that Cuba must replace its political leaders following reports this week that the Trump administration is seeking to oust President Miguel Diaz-Canel. Rubio has not ruled out easing the long-standing U.S. embargo on Cuba in exchange for political reforms. “that… Source: https://thehill.com/policy/international/5787874-cuba-political-change-rubio/
White House press secretary Caroline Levitt said Sunday that the upcoming meeting between President Trump and Chinese President Xi Jinping is “not in jeopardy,” but acknowledged the schedule could change amid the U.S.-Israel war with Iran. “I don’t think the meeting is at risk, but there’s a pretty good chance it will be delayed,” Levitt
Sen. Adam Schiff (D-Calif.) on Sunday condemned the Trump administration’s “horrible decision” to lift some sanctions on Russian oil amid the war with Iran. “I think this is a terrible decision, but it’s one of those decisions that comes with the unpredictability of war,” Schiff told NBC News’ Christine Welker. Source: https://thehill.com/business/5785023-schiff-slams-trump-russia-sanctions-lifting/
The U.S. Embassy in Venezuela flew the American flag at half-staff on Saturday, seven years after officials last flew it. “On the morning of March 14, 2019, the American flag was lowered for the final time at the U.S. Embassy in Caracas.” U.S. Ambassador to Venezuela Laura F. Dogu wrote: Source: https://thehill.com/policy/international/5784317-us-embassy-venezuela-american-flag/
From “Grand Theft Auto” to “SpongeBob SquarePants,” the White House has leveraged memes from pop culture and video games to promote President Trump’s war with Iran. The video follows a broader trend in the Trump administration’s social media strategy, which has increasingly used artificial intelligence, pop culture and, at times, satire to promote Trump’s policy
Defense Secretary Pete Hegseth on Friday morning criticized CNN’s coverage of the war in Iran, with Paramount Skydance CEO David Ellison exclaiming, “The sooner we can take control of that network, the better.” “CNN’s fake news reports that the Trump administration underestimated the impact of the war with Iran on the Strait of Hormuz. This
The United States is temporarily lifting sanctions on Russian oil currently stranded at sea, Treasury Secretary Scott Bessant announced late Thursday. This is the Trump administration’s latest move to stem soaring energy prices amid the war with Iran. Bessent wrote in a post on social platform Source: https://thehill.com/policy/energy-environment/5782247-trump-lifts-russian-oil-sanctions/
The Trump administration is considering easing shipping regulations to lower fuel costs, which have soared due to the war with Iran. In particular, it is considering a temporary exemption from the Jones Act, a 100-year-old law that requires transportation between U.S. ports to be conducted by U.S.-flag ships. “I’m interested… Source: https://thehill.com/homenews/administration/5781933-loosening-shipping-rules-fuel-prices/