Even though Donald Trump has snatched electoral victory in the recent November 5th election, he has not yet been inaugurated. A key identity in this scenario is Vice President Kamala Harris, who now plays a supervisory role in Congress’ confirmation of the outcome, outstandingly, her own electoral defeat.
The semiconductor industry in China has encountered a dramatic blow. It faced more than 33% slash in its investment influx owing to US-imposed restrictions on advanced chips and the surfacing fears of overcapacity in legacy chips, a local industry research firm shared. A significant contraction by 35.9% was reported within the first 11 months of 2024, bringing the total investment deals to a mere 677.
The European Union came forward with a stern response on Russia’s conflict with Ukraine, laying fresh sanctions on Monday against multiple officials linked to the war. The sanctions targeted, in particular, two high-ranking North Korean defense officials, a military division held accountable for the attack on a Kyiv children’s hospital, and heads of various companies within the energy sector.
Following the failure in the 2024 election, U.S. President Joe Biden and Vice President Kamala Harris made an unusual appearance together to thank their donors. The donors had raised an astounding $2 billion during the unsuccessful election cycle. Their failure was perceived as an admonition for Democrats to reestablish their values and beliefs more robustly.
As Democrats reel from the unfortunate results in the November 5th election, Biden stressed that persistence was crucial. However, the resounding defeat of Harris across all seven battleground states, the electoral college vote, and the popular vote invalidated their efforts. Clearly, their messaging and approach to governance are deeply flawed.
Donald Trump has put forward his prescription for the baffling drone clusters circling over New Jersey, New York, and several other states. However, some experts question the feasibility of his solution, highlighting yet again the administration’s disconnect from mainstream expert opinion.
With technology tycoon Masayoshi Son by his side, President-elect Donald Trump joined forces with SoftBank Group in a large-scaled investment initiative. The Japanese company announced plans to invest a colossal $100 billion in U.S. projects over the next four years, focusing predominantly on artificial intelligence.
Reflecting Trump’s continued commitment to bolstering American businesses, Monday’s announcement in his Mar-a-Lago resort emanated a mood of optimism. Also present was Howard Lutnick, the head of the Cantor Fitzgerald investment bank. Although Trump’s business-friendly approach is lauded by some, it’s glaringly apparent that many U.S. businesses are wary of the incoming administration, signaling potential price shifts when Trump reassumes office in January 2025.
Trump also expressed dissatisfaction over the antiquated daylight saving time convention. It is still unclear, however, whether a mandate from the President-Elect would help evolve this long-standing practice, given the breadth of public sentiment in favor of preserving it.
A major shift in power occurred in southeastern Damascus after a rebel force ousted President Bashar Assad, ending 50 years of his family’s rule. However, in a troubling irony, these forces were then needed to suppress dissent back in Damascus, where looters had begun to riot throughout a residential complex.
Interestingly, while American businesses express concern over Trump’s influence, his reputation as a business-friendly leader continues to endure. But disdain for Trump’s policies is hardly universal. The impending return of President Trump in January 2025 has been met with threats of price hikes from a vocal segment of the American business community.
Significantly, Bashar al-Assad, after over two decades of brutal rule and countless lives lost, now resides in Moscow with his family. Observers question what will happen next, as experiences with toppling dictators and their ensuing exiles are as varied as the dictators themselves.
In a colorful press conference at Mar-a-Lago, President-elect Trump said that he’d contemplate offering a pardon to beleaguered New York Mayor Eric Adams. The outgoing Biden administration has apparently left such a litany of problems for Trump to solve, that even the polio vaccine and the mysterious drone sightings in New Jersey were topics of discussion.
A stark indication of Trump’s ever-dominant presence in the national political conversation, the President-elect also demanded the halt of Biden’s plans to sell unused sections of the southern border wall. Beyond the blatant political posturing, however, some citizens may be left questioning the wisdom of Trump’s pre-inauguration commitments and how they will fall into place in the upcoming term.