Analysts predict that the recent strengthening of the greenback may impact Europe positively and negatively, as the major currencies of the bloc are expected to weaken further in 2025 due to President-elect Donald Trump’s inauguration and ongoing economic uncertainty. The U.S. dollar index reached a two-year high following a strong jobs report, but subsequently dropped slightly. By Tuesday morning, the index was down to 109.59 after hitting 110, its highest level since November 2022.
Full Article
Netanyahu Defends Elon Musk Amid Spate Of Nazi Puns
Elon Musk, CEO of Tesla, SpaceX, and X, was defended by Israeli Prime Minister Benjamin Netanyahu against accusations of Nazi sympathies. Musk responded with humor, making Nazi puns on social media. While some criticized Musk's actions as antisemitic, others defended him, stating that his gesture was not a Nazi salute but a clumsy attempt at illustrating his point. The visit to Israel in 2023 and previous controversies surrounding antisemitic content on X were also mentioned....
Read more