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Us Election

All articles tagged with #us election

politics1 year ago

Lessons from Kamala Harris's Campaign: Avoiding Political Pitfalls

Kamala Harris's campaign faced challenges similar to those of the UK Labour Party in 2019, losing touch with core working-class voters. Despite some policy successes, Harris's focus on 'woke' issues alienated many, with voters craving change on inflation and immigration. The Democrats, like Labour, must reconnect with these 'hero voters' by embracing change and strong leadership to counter Trump's appeal. Labour's recent efforts under Keir Starmer offer a potential blueprint for revitalizing center-left politics.

via The Guardian|
#democrats#kamala-harris#labour-party
politics1 year ago

Elon Musk Emerges as Top Political Donor with $250M Trump Support

Silicon Valley contributed over $394.1 million to the US presidential election, with Elon Musk donating $242.6 million to Donald Trump's campaign. The tech industry's influence in politics is growing, with significant contributions from cryptocurrency advocates aiming to avoid regulation. Major tech figures like Marc Andreessen and Jan Koum also supported Trump, while Kamala Harris received substantial backing from Dustin Moskovitz and Reid Hoffman. The complex and opaque nature of political donations, including the use of Super PACs and non-profits, highlights the increasing role of tech and crypto in shaping US politics.

via The Guardian US|
#cryptocurrency#elon-musk#political-donations
politics1 year ago

Trump's Rising Influence: A Shift in US Political Dynamics

The article explores the deep historical forces behind Donald Trump's 2024 election victory, emphasizing the cyclical nature of political integration and disintegration. It highlights three key factors: popular immiseration, elite overproduction, and state breakdown, drawing parallels with historical events like the Roman Empire's fall and the Russian Revolution. The piece argues that the US is experiencing a Second Gilded Age, with rising inequality and elite competition leading to political dysfunction. The Republican Party, under Trump, has transformed into a revolutionary force, while the Democrats have become the party of the ruling class. The future hinges on whether the US can rebalance its social system or face further unrest.

via The Guardian US|
#donald-trump#elite-overproduction#political-realignment
politics1 year ago

Zuckerberg and Trump Share Dinner at Mar-a-Lago

Mark Zuckerberg, CEO of Meta, recently dined with President-elect Donald Trump at Mar-a-Lago, signaling a potential improvement in their previously strained relationship. Historically, Trump and Zuckerberg have had tensions, especially after Trump was banned from Meta platforms following the Capitol riots. However, recent interactions suggest a thaw, with Zuckerberg expressing gratitude for the meeting and Trump softening his stance. This development comes amid Trump's strong ties with Elon Musk, who has been a significant supporter and is set to lead a new government department.

via BBC.com|
#donald-trump#elon-musk#mark-zuckerberg
finance1 year ago

China Holds Loan Rate Steady as Yuan Struggles

China's central bank, the People's Bank of China (PBOC), has kept its medium-term lending facility (MLF) rate unchanged at 2.0% to stabilize the yuan, which has weakened following the U.S. presidential election. This decision aligns with market expectations and allows for policy flexibility amid tight commercial bank margins and a strong U.S. dollar. Analysts predict the MLF rate will remain steady this year, with potential reductions in the future. The PBOC is also considering further cuts to the reserve requirement ratio to balance economic revitalization and exchange rate stability.

via CNBC|
#china#finance#interest-rates
finance1 year ago

Bitcoin Nears $100K Amid Post-Election Surge and Trump Crypto Support

Bitcoin has surged past $98,000, nearing the $100,000 mark, driven by a post-election rally and expectations of a more crypto-friendly Trump administration. The cryptocurrency has gained over 40% in two weeks, with investors optimistic despite its historical volatility. The market's bullish sentiment is partly due to Trump's promises to make the U.S. a "crypto capital" and his acceptance of crypto donations during his campaign. However, experts caution about the inherent risks in the volatile cryptocurrency market.

via Yahoo Finance|
#bitcoin#cryptocurrency#finance
entertainment1 year ago

Ellen DeGeneres Relocates to UK Amid Trump Presidency Concerns

Ellen DeGeneres has reportedly moved to her home in the Cotswolds, England, following Donald Trump's election victory, feeling disillusioned with the political climate in the US. She and her partner, Portia de Rossi, are planning to sell their California home. DeGeneres has been seen socializing in the Cotswolds, including attending parties with celebrities like Idris Elba and visiting Jeremy Clarkson's pub. Her move follows her vocal support for Kamala Harris and criticism of Trump.

via The Telegraph|
#cotswolds#donald-trump#ellen-degeneres
entertainment1 year ago

Eva Longoria Addresses Misconceptions About Her Move Abroad

Eva Longoria clarified that her family's move to Europe was not due to Donald Trump's election victory, but rather for professional reasons. Despite online speculation, Longoria explained on Ana Navarro's podcast that she has been working in Europe for almost three years, and the decision to live abroad was not politically motivated. She emphasized that the media's portrayal of her move as a political statement was misleading and divisive.

via BuzzFeed|
#donald-trump#entertainment#eva-longoria
finance1 year ago

Gold Prices Plummet Amid Fed Signals and Market Uncertainty

Gold prices have experienced their worst week in over three years following Donald Trump's US election victory, with a 7% drop this month as the dollar strengthens and market expectations shift. Investors have pulled $600 million from gold-backed ETFs, and the strong dollar is expected to dampen demand from central banks. Despite the sell-off, some analysts believe the rally will resume, driven by geopolitical risks and potential future rate cuts.

via Financial Times|
#dollar#finance#gold
politics1 year ago

Trump Rules Out Jamie Dimon for Administration Role

President-elect Donald Trump announced that JPMorgan Chase CEO Jamie Dimon will not be invited to join his administration, despite earlier speculation about Dimon being a candidate for Treasury Secretary. Dimon, who has led JPMorgan for nearly 19 years, had already indicated his low likelihood of taking an official post. Trump has yet to announce his Treasury Secretary pick, with Howard Lutnick and Scott Bessent as top contenders.

via New York Post |
#jamie-dimon#jpmorgan-chase#politics
entertainment1 year ago

Dick Van Dyke's Viral Reaction to Trump's Potential Second Term

Dick Van Dyke, the 98-year-old Hollywood icon, made a darkly humorous remark about not wanting to live through another term of Donald Trump's presidency, suggesting he would rather be dead. Van Dyke, who has been politically active, endorsed Kamala Harris and previously supported Bernie Sanders and Joe Biden. He has criticized Trump, describing him as 'disturbed' and lacking humor.

via Variety|
#civil-rights#dick-van-dyke#donald-trump
finance1 year ago

Bitcoin Surges Past $90,000 Amidst Crypto Frenzy and Market Speculation

Bitcoin has surged past $90,000 following Donald Trump's re-election, marking a significant rally driven by a pro-crypto administration and influential backers like Elon Musk. Analysts suggest a shift in investor mindset towards embracing crypto, despite its volatility and lack of traditional financial attributes. The rally is fueled by positive sentiment and strategic visions, including potential national reserves of bitcoin, as conservative investors and even pension funds begin to consider crypto as a viable asset class.

via Financial Times|
#bitcoin#cryptocurrency#donald-trump
entertainment1 year ago

Dick Van Dyke, 98, Criticizes Potential Trump Presidency with Viral Remarks

Dick Van Dyke, the 98-year-old actor, expressed a scathing reaction to the prospect of Donald Trump's second term as President, stating he "won't be around to experience the four years." Van Dyke, who recently endorsed Kamala Harris, also reflected on a 1964 Martin Luther King Jr. speech, condemning hatred and prejudice as societal diseases. His comments were made during a public outing and a rare social media appearance.

via Page Six|
#dick-van-dyke#donald-trump#entertainment
politics1 year ago

Elon Musk's Growing Influence in Trump's Political Sphere

Elon Musk, known for leading companies like Tesla and SpaceX, has ventured into politics by forming America PAC, a political action committee that spent over $170 million leading up to the recent election. On Election Day, Musk encouraged voter turnout via a livestream on his social network, X, while en route to a potential victory party for Donald Trump at Mar-a-Lago.

via Bloomberg|
#donald-trump#elon-musk#political-action-committee