In a shocking turn of events, Rep Adam Schiff, who famously led the first impeachment of former President Trump, has called on President Biden to drop out of the 2024 election race. Schiff cited concerns over Biden’s declining approval ratings and the need for a fresh face to lead the Democratic Party. Many are speculating on the impact this will have on the upcoming elections and the future of the Democratic Party.
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US-China trade war risks dragging the world into recession, WTO head warns
The US-China trade war risks pushing the global economy into recession, with the World Trade Organization (WTO) warning that global output could drop by 7% if the two nations fully decouple. WTO Director-General Ngozi Okonjo-Iweala highlighted that US tariffs and China's retaliatory measures could fragment global trade, compelling countries to align with one bloc or another. She noted that poorer nations are particularly vulnerable and emphasized the need for diversification in production to enhance global...
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