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Trump vows to reduce U.S. troops in Germany ‘a lot further’ than 5,000 as defense official says armed services were blindsided by move |...
President Donald Trump said on Saturday that the U.S. will significantly reduce its troop presence in Germany, escalating a dispute with Chancellor Friedrich Merz as he seeks to scale back America’s commitment to European security.The Pentagon on Friday had initially announced it...
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Trump says he is reviewing a new Iranian proposal to end the war but ‘can’t imagine that it would be acceptable’ | Fortune
“I’ll let you know about it later,” he said before boarding Air Force One, adding that “they’re going to give me the exact wording now.”Shortly after speaking to reporters, Trump posted on social media about the new proposal, saying...
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Can the ‘blue economy’ deliver on its promise? Investors are starting see the ocean as an asset worth protecting | Fortune
The term “blue economy” has been circulated among environmental commentators for years—usually meaning whatever the speaker wants it to mean. For some, it’s about sustainable fisheries and marine protected areas. For others, it’s a broad term that can encompass...
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Warren Buffett says markets are like a church with a casino attached, but ‘we’ve never had people in a more gambling mood than now’...
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Investing legend Warren Buffett bemoaned the gambling culture that has taken over financial markets while continuing to preach his brand of patience.In an interview with CNBC on Saturday as Berkshire Hathaway held its annual shareholders meeting, he noted that...
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Jensen Huang says some CEOs have a ‘God complex’ when it comes to AI apocalypse warnings, which can create shortages of critical workers |...
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Nvidia CEO Jensen Huang has been pushing back against the popular narrative that AI will wipe out huge swaths of the workforce, but he also placed some blame on overly confident CEOs who assume they know everything.In an interview...
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The American household just took an 81% margin cut. Wall Street hasn’t priced it in | Fortune
The American household did not take a traditional pay cut. It took something Wall Street should understand even better: an 81% margin cut.Since the initiation of the geopolitical conflict with Iran and the subsequent closure of the Strait of...
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The euro’s urgent need
Europe must finally grasp the opportunity to develop the single currency as a reserve asset
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Is China decoupling on food?
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is an FT contributing editor and writes the Chartbook newsletterFor China food is more than food. In a media...
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Trump says a ‘final proposal’ for a taxpayer-funded takeover of Spirit Airlines is under consideration | Fortune
President Donald Trump said Friday that his administration was still weighing a taxpayer-funded takeover of Spirit Airlines, with talks ongoing and no final decision yet on whether to move forward with a potential bailout for a carrier mired in bankruptcy proceedings...
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U.S. to withdraw 5,000 troops from Germany as Trump feuds with Merz over the Iran war | Fortune
The United States will withdraw about 5,000 troops from Germany in the next 6-12 months, the Pentagon said Friday.President Donald Trump had threatened to withdraw some troops from the NATO ally earlier this week as he continues to feud...
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Man charged over Australian Outback death of 5-year-old girl
The girl's death sparked an outbreak of violence in the central Australian town from where she disappeared.
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