California’s economy has surpassed Japan’s, making it the fourth-largest in the world with a GDP of $4.10 trillion, according to new data from the IMF and US Bureau of Economic Analysis. Governor Gavin Newsom emphasized the significance of this achievement while expressing concerns about the potential negative impact of President Trump’s tariffs on California’s growth, which is vital for the nation. Despite California’s rapid economic advancement, Japan’s economy faces challenges due to its declining population and rising social care costs, leading to a downgraded growth forecast.
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Dem-led city months behind permit approval process following wildfires
Months after devastating wildfires in Southern California, many residents remain homeless as Los Angeles Mayor Karen Bass faces criticism for the slow rebuilding process. Cal Fire reported over 12,000 structures lost and only 23 permits issued for rebuilding in Pacific Palisades, despite Mayor Bass's efforts to expedite approvals. President Trump, who declared a national emergency and visited the area, criticized local leaders for not using emergency powers effectively, while state officials maintain that permit approval...
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