China has left America behind in electricity generation, says Paul Krugman; and adds how Donald Trump’s policies guarantee that the US will never catch up

China has left America behind in electricity generation, says Paul Krugman; and adds how Donald Trump’s policies guarantee that the US will never catch up

US President Donald Trump China now generates more than twice as much electricity as the United States, solidifying its position as the world’s leading economic powerhouse, according to economist Paul Krugman. Writing this week, Krugman noted that China’s economy has surpassed America’s in real terms when measured at purchasing power parity, highlighting the growing gap…

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Dollar soft as Sino-U.S. trade tension weighs

Dollar soft as Sino-U.S. trade tension weighs

The U.S. dollar slipped on Thursday as the Sino-U.S. trade war sapped investor sentiment. Daniel Munoz | Photodisc | Getty Images The U.S. dollar slipped Thursday as the Sino-U.S. trade war sapped investor sentiment, while growing confidence of the U.S. Federal Reserve cutting its policy interest rate this year also weighed on the greenback. The…

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The U.S. Is in a 'Particularly Authoritarian' Moment Under Trump

The U.S. Is in a ‘Particularly Authoritarian’ Moment Under Trump

For years, many democracy experts have warned that U.S. President Donald Trump is pushing the country toward authoritarianism. During his first term, they raised alarm bells as Trump repeatedly tested democratic guardrails with unprecedented and, at times, incendiary actions—particularly his refusal to accept the results of the 2020 election. When Trump was reelected last year,…

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Venezuela's Maduro orders new military exercises after U.S. military blows up another alleged drug boat in Caribbean

Venezuela’s Maduro orders new military exercises after U.S. military blows up another alleged drug boat in Caribbean

Venezuelan President Nicolas Maduro on Wednesday ordered military exercises in the country’s biggest shantytowns after U.S. forces blew up another boat allegedly carrying drugs from the Caribbean country. President Trump said six “narcoterrorists” were killed in the strike on the vessel near Venezuela, bringing the number of people killed in such attacks since early September…

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