The American Fed revised its 2020 US GDP estimates upwards this evening.While in June, due to Covid, the central bank expected a 6.5% collapse, now that figure has been corrected to -3.7%.
US Politics
Americans are voting this year in the midst of a severe pandemic, an economic crisis, and historic civil unrest. Now, with just weeks to go until the election, a fierce Supreme Court battle looms.
As the White House has continued to push a narrative of a sharp recovery after a history-making recession, the economic data in large part has not been cooperating.
In what President Trump labels a “historic diplomatic breakthrough,” Israel and the United Arab Emirates have agreed to “full normalization of relations,” and Israel says it will “suspend” plans to annex the West Bank
On November 3, 2020 there will be the 59th US presidential election. Donald Trump, President in office and representative of the Republican Party on the one hand. Joe Biden, Democrat and former vice president of the United States (from 2009 to 2017) on the other
On July 13, Secretary of State Mike Pompeo, announced changes in U.S declaratory policy on the South China Sea.
President Donald Trump’s reelection campaign has tapped former New York Mayor Rudy Giuliani to spearhead a campaign to press for more debates this fall, starting earlier than usual and to have a say in choosing the moderators.
Demonstrations and protests about social justice and the death of George Floyd while in police custody are still going on around the US.
Geopolitical strategies: US aids to Italy In times of war…