The IMF warns that Donald Trump’s economic policies, including threatened tariffs, tax cuts, and deregulation, could potentially disrupt global trade, lower investment, distort market pricing, and weaken the role of US Treasury bonds as a safe asset. While these measures may boost the US economy in the short term, they could lead to an inflationary boom followed by a bust, impacting both the US and the rest of the world. The World Bank also cautions that US tariffs could depress global growth, with both organizations predicting slower growth rates in the coming years.
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Young siblings who went missing from Ohio months ago found in Iceland
Two young siblings reported missing in Ohio in October were located in Iceland this month by Icelandic police after their mother stopped taking her mental health medication and abandoned them, prompting a search involving multiple agencies. The children, ages 8 and 9, were found at a hotel in Reykjavik after traveling to London, the Island of Jersey, and a remote fishing village in Iceland. The mother is in a hospital in Iceland, while the children...
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