From TradeBriefs <[email protected]>
Subject US diplomats brace as Trump plans foreign policy shake-up in wider purge of government - Nov 7, 2024
Date November 7, 2024 1:33 PM
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- The top 25 stories curated by editors and fellow readers!

From the Editor's Desk

Trump and the Future of American Power - Foreign Affairs

You’ve written a number of times for Foreign Affairs about the war
in Ukraine and what it means for the world and for American foreign
policy. So let’s start with an obvious question. It’s impossible
to know, of course, but what do you imagine Russian President Vladimir
Putin is thinking right now, with Donald Trump poised to return to the
White House for a second term?

I wish I knew. These opaque regimes in Moscow and Beijing don’t want
us to know what they think. What we do know from their actions as well
as their frequent public pronouncements is that they came to the view
that America was in irreversible decline. We had the Iraq War and the
shocking incompetence of the follow-up, where Washington lost the
peace. And we lost the peace in Afghanistan. We had the 2008 financial
crisis and the Great Recession. We had a lot of episodes that
reinforced their view that we were in decline. They were only too
happy to latch onto examples of their view that the United States and
the collective West, as they call it, is in decline and, therefore,
their day is going to come. They are the future; we are the past.

Continued here [[link removed]}&lead=419599&emailid=90076&nl=daily]

_TradeBriefs: Newsletters for Decision-Makers!_

Work

US diplomats brace as Trump plans foreign policy shake-up in wider
purge of government
[[link removed]}&lead=419599&emailid=90076&nl=daily]
“I think they’re going to do everything they can to make the case
that the United States needs to continue to aid Ukraine, and they’ll
have to spend a lot of time, I’m sure, dealing with nervous
Ukrainians and nervous Europeans,” said Fontaine. At an upcoming G20
summit in Rio, the current administration was “going to try to
reassure the rest of the world that a lot of the things that they have
done over the past four years are going to stick into the future
rather than just be kind of undone”.

Work

Physicists Spot Quantum Tornadoes Twirling in a Supersolid | Quanta
Magazine
[[link removed]}&lead=419599&emailid=90076&nl=daily]
In a lab nestled between the jagged peaks of the Austrian Alps, rare
earth metals vaporize and spew out of an oven at the speed of a
fighter jet. Then a medley of lasers and magnetic pulses slow the gas
nearly to a halt, making it colder than the depths of space. The
roughly 50,000 atoms in the gas lose any sense of identity, merging
into a single state. Finally, with a twist of the ambient magnetic
field, tiny tornadoes swirl into existence, pirouetting in the
darkness.















Work

Attention Required! | Cloudflare
[[link removed]}&lead=419599&emailid=90076&nl=daily]
This website is using a security service to protect itself from online
attacks. The action you just performed triggered the security
solution. There are several actions that could trigger this block
including submitting a certain word or phrase, a SQL command or
malformed data.

Work

Here?s What An RFK Jr. Health Role In A Trump Administration Could
Look Like: Vaccine Skepticism, Fluoride Ban
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Former President Donald Trump has indicated he would appoint Robert F.
Kennedy Jr.—a noted vaccine skeptic, conspiracy theorist and former
independent presidential candidate—to a key health role in his
administration, which Kennedy has already signaled he would use to
seek to remove fluoride from water, though the role and his plans
remain vague.














Work

Chinese man lives with one wife and four lovers in one complex, all
hidden from each other
[[link removed]}&lead=419599&emailid=90076&nl=daily]
In a shocking case of deceit, a Chinese married man was able to hide
his relationships with his wife and four other women who lived in the
same complex. One of these women was living in the same building as
his wife. The arrangement continued for four years without any woman
finding out about the existence of another one.Here's how the man
managed to cheat women The man, known as Xiaojun, created a persona
of a “rich second-generation” for wooing his wife Xiaojia.

Work

Let's talk about airplane boarding ? and why it's so hard
[[link removed]}&lead=419599&emailid=90076&nl=daily]
When Southwest Airlines (LUV) launched more than 50 years ago, one of
its most distinguishing characteristics was the way it got customers
onto airplanes. Seats weren’t assigned, and passengers had to fend
for themselves when it was time to grab a spot. It was a quirk as much
a part of the airline’s identity as its low, no-frill fares.














Work

Top Trump fundraiser lines himself up for Treasury secretary - FT
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Billionaire hedge fund manager Scott Bessent canvasses for deputies

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Wall Street rejoices as the bell tolls for Biden-era regulation - FT
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Bankers, private equity executives and money managers anticipate
change in personnel and tone














Work

A battle is raging over the definition of open-source AI - The
Economist [[link removed]}&lead=419599&emailid=90076&nl=daily]
There are two sides to the software industry. One faces outwards, with
whizzy products and services that bring in billions of dollars of
revenue for trillion-dollar companies. The other faces inwards,
creating, updating and sharing—often for free—the basic software
infrastructure and tools that makes the digital world tick.

Work

Xi Is Better Prepared for Trump Even as 60% Tariffs Risk Chaos -
Bloomberg [[link removed]}&lead=419599&emailid=90076&nl=daily]
Beijing has bigger toolbox to push back on punitive measures














Work

Trump Win Sparks Record $64 Billion Gain for World?s 10 Richest People
- Bloomberg [[link removed]}&lead=419599&emailid=90076&nl=daily]
Elon Musk, Jeff Bezos and Larry Ellison among top gainers

Work

Thriving scorpion population is stinging problem for Brazil
[[link removed]}&lead=419599&emailid=90076&nl=daily]
“With a warming habitat, these animals’ metabolisms are also
warming, so they are more active, eating more and reproducing more,”
explained Mr Thiago Chiariello, production coordinator of the scorpion
antivenom lab at Brazil’s Instituto Butantan in Sao Paulo.














Work

Trump tariffs threaten billions in British exports
[[link removed]}&lead=419599&emailid=90076&nl=daily]
The Republican is set to return to the White House in January after
claiming a stunning victory over Democratic opponent Kamala Harris in
the U.S. presidential election. As the dust settles, businesses across
the pond are weighing the impact Trumps second presidency and its
threat of tariffs on all U.S. imports will have on trade with their
largest export market.

Work

Patients Are Suing Over Alleged Side Effects of Weight-Loss Drugs
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Barber, who is 49 and lives in Kentucky, threw up constantly, so much
that she started sleeping on the couch with a garbage can beside her
every night. But the drug was keeping her blood sugar under control
and her endocrinologist didnt think it could be the cause of such
persistent vomiting, so she stayed on iteven as she began wasting
away, her muscles deteriorating so much that she needed a walker and
her front teeth crumbling from exposure to stomach acid.














Work

This one chart foreshadows Trumps immigration crackdown
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Our mission could not be more clear and more necessary: We have a duty
to explain what just happened, and why, and what it means for you. We
need clear-eyed journalism that helps you understand what really
matters. Reporting that brings clarity in increasingly chaotic times.
Reporting that is driven by truth, not by what people in power want
you to believe.

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Trump promised to end the war in Ukraine. Now he must decide how. -
WSJ [[link removed]}&lead=419599&emailid=90076&nl=daily]
Donald Trumps promise to end the war in Ukraine by Inauguration Day
now puts him in a position of having to choose between competing
proposals from advisers united by a common threada sharp break from
President Bidens as long as it takes" approach to arming Kyiv.













Work

To Help Your Team Learn, Set Them Up for Productive Failure - Harvard
Business Review [[link removed]}&lead=419599&emailid=90076&nl=daily]
Failure is often viewed as something you need to avoid, especially by
new managers who are eager to prove their competence or have been
previously conditioned to think that way. But failure isnt a bad
thing. In fact, it can help in fostering your teams long-term
sustainable development.

Work

AstraZeneca says China has detained a senior executive - STAT
[[link removed]}&lead=419599&emailid=90076&nl=daily]
The disclosure comes after AstraZeneca last week acknowledged that
Leon Wang, an executive vice president who also oversees international
operations for the drugmaker, was being investigated along with a
small number of employees. By then, police in China had arrested five
current and former AstraZeneca employees for questioning about
potential illegal activities.

Work

Heres What We Know About Trumps First Calls With World Leaders -
Forbes [[link removed]}&lead=419599&emailid=90076&nl=daily]
President-elect Donald Trump received a series of congratulatory phone
calls from several top world leaders Wednesday, where they discussed a
multitude of global issues, including the conflicts in Ukraine and the
Middle East.

Work

Binyamin Netanyahu fires his defence minister - The Economist
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Over the past year the two men leading Israels war effort could barely
hide their contempt for each other. So when Binyamin Netanyahu,
Israels prime minister, announced on November 5th that he was, at
last, firing his defence minister, Yoav Gallant, because of the
increasingly wide crisis of confidence between them, it was not
surprising. But the timing, with Israeli troops still fighting in Gaza
and Lebanon, and Iran expected to respond to Israels recent strikes,
was unexpected.

Work

Election 2024: Donald Trump Wins - The New Yorker
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Welcome to The New Yorkers live coverage of the Presidential race
between Donald Trump and Kamala Harris, as well as our reporting on
the contests for control of the House, Senate, and governors mansions
across the country. Find the latest vote tallies on our live results
map, and sign up for our daily newsletter to make sure you never miss
an important story.

Work

Australia proposes 'world-leading' ban on social media for children
under 16
[[link removed]}&lead=419599&emailid=90076&nl=daily]
The Australian government will legislate for a ban on social media for
children under 16, Prime Minister Anthony Albanese said on Thursday,
in what it calls a world-leading package of measures that could become
law late next year.

Work

For Black Women, 'America Has Revealed to Us Her True Self'
[[link removed]}&lead=419599&emailid=90076&nl=daily]
It was the moment that Black female political leaders and organizers
had feared most and worked hardest to avoid. Across battleground
states, the Democrats organizing fund-raisers, door-knocking and other
get-out-the-vote efforts were often Black women, motivated to campaign
for a presidential candidate who was not just a member of their party
but one of their own.

Work

For Some Americans, Now Is the Perfect Time to Get Away
[[link removed]}&lead=419599&emailid=90076&nl=daily]
This is not Sierra Gray’s first time leaving the country because of
a tense political environment. Months after nationwide protests broke
out in the wake of George Floyd’s murder in 2020, Ms. Gray, 31,
temporarily relocated to Barbados.

Work

Arab American Voters in Dearborn, Michigan, Heard Trump's Case
[[link removed]}&lead=419599&emailid=90076&nl=daily]
“The first time we vote for Joe Biden, but what we see right now, he
didn’t stop the genocide in Gaza,” said Mr. Almudhari, a Yemeni
American, who faulted the president for spending American money to
support the wars in Gaza and Ukraine.

Work

Expecting Clemency From Trump, Jan 6. Defendant Requests Sentencing
Delay
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Nearly 1,000 “defendants have had their cases adjudicated and
received sentences for their criminal activity on Jan. 6.,”
prosecutors said earlier this year. Mr. Trump will be sworn in as the
47th president of the United States on Jan. 20, 2025.

Work

The Role Covid May Have Played in Trump's 2024 Election Win
[[link removed]}&lead=419599&emailid=90076&nl=daily]
In 2020, Covid-19 upended American life, killing 385,000 people in a
year and sending the American economy into a recession. Trump’s
chaotic and dismissive handling of a public health crisis that had
made life almost unrecognizable is part of why voters rejected him
that year.

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Nissan Cuts 9,000 Jobs and Slashes C.E.O.'s Pay in Half
[[link removed]}&lead=419599&emailid=90076&nl=daily]
The moves follow a sharp decline in Nissan’s operating profit, which
fell 90 percent to $214 million in the first half of the current
fiscal year. Retail sales declined in all of the company’s core
North America, Japan and China markets during the period.

Work

Opinion | Kamala Harris Was the Establishment in an Anti-Establishment
Election
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Maybe you don’t consider all or even many of these to be failures.
But many Americans do — and they consider them especially galling
because those who have presided over them, from both parties, tend not
to concede any fault. Officeholders develop policies and implement
them, and when voters disapprove of the outcome, those in charge more
often than not simply move on to the next thing, hoping the discontent
gets forgotten, or else wave away the criticism as a function of
ignorance or disinformation.

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Matt Kean says Australia must take 'strong and decisive action' on
climate crisis despite Trump re-election
[[link removed]}&lead=419599&emailid=90076&nl=daily]
"During his first presidency, Trump tried to withdraw the US from
climate diplomacy, but state and local governments powered ahead,"
McKenzie said in a statement. "Countries and US states know the Trump
playbook - and they're determined to keep driving climate action
forward."

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Thursday briefing: What lies ahead for the US in a second Trump
administration
[[link removed]}&lead=419599&emailid=90076&nl=daily]
When her work permit did come through, Wilkinson “decided to
prioritise mental wellbeing over status, ambition or self-aggrandising
notions about significance. I found a job as a nanny. I was happier
than I had been in years.”

Work

Exclusive: Glint Solar grabs $8M to help accelerate solar energy
adoption across Europe
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Natasha is a senior reporter for TechCrunch, joining September 2012,
based in Europe. She joined TC after a stint reviewing smartphones for
CNET UK and, prior to that, more than five years covering business
technology for silicon.com (now folded into TechRepublic), where she
focused on mobile and wireless, telecoms & networking, and IT skills
issues. She has also freelanced for organisations including The
Guardian and the BBC. Natasha holds a First Class degree in English
from Cambridge University, and an MA in journalism from Goldsmiths
College, University of London.

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Trump's victory may pressure oil prices through 2025, Citi says
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Trump's reelection triggered a large sell-off that pushed oil prices
down by more than $2 per barrel during early trade as the US dollar
rallied, currently at its highest level since September 2022.

Work

Joe Biden releases statement after Kamala Harris' election loss
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Biden continued: "She's been a tremendous partner and public servant
full of integrity, courage, and character. Under extraordinary
circumstances, she stepped up and led a historic campaign that
embodied what's possible when guided by a strong moral compass and a
clear vision for a nation that is more free, more just, and full of
more opportunities for all Americans."

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Can This Peer-to-Peer Therapy Startup Disrupt the Telehealth Business?
- Inc [[link removed]}&lead=419599&emailid=90076&nl=daily]
For many Americans seeking mental health counseling, finding a
therapist can be stressful in itself, especially navigating the
bureaucratic maze often required. There is the question of insurance
coverage, not to mention whether or not one can find a credentialed
expert who has availability and the right skillset to meet their
needs.

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Earth Will Exceed 1.5 Degrees Celsius of Warming This Year -
Scientific American [[link removed]}&lead=419599&emailid=90076&nl=daily]
It is virtually certain that 2024 will be the first year to be more
than 1.5 degrees Celsius (2.7 degrees Fahrenheit) hotter than in the
preindustrial era, before heat-trapping fossil fuels began
accumulating in the atmosphere, the European Unions Copernicus Climate
Change Service (C3S) announced today.

Work

Republicans Carry Ballot Gains to State Houses
[[link removed]}&lead=419599&emailid=90076&nl=daily]
One branch of state government that did not see any change in overall
party numbers was the governor’s office. Out of 11 states with races
on Tuesday, eight were wide open, with no incumbent running. But there
were no upsets, and the current configuration of eight Republicans and
three Democrats in those states did not change.

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How Trump Won, and How Harris Lost
[[link removed]}&lead=419599&emailid=90076&nl=daily]
He overcame seemingly fatal political vulnerabilities — four
criminal indictments, three expensive lawsuits, conviction on 34
felony counts, endless reckless tangents in his speeches — and
transformed at least some of them into distinct advantages.

Work

Trump's 2nd-Term Agenda Could Transform Government and Foreign Affairs
[[link removed]}&lead=419599&emailid=90076&nl=daily]
He has said he will fire Jack Smith, the special counsel who has
brought indictments against him for mishandling classified documents
and trying to overturn the 2020 election, and he has threatened to
investigate President Biden, Vice President Kamala Harris and others
who have angered him, including Republicans like Liz Cheney, the
former congresswoman from Wyoming.

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Trump's Support From Black and Latino Voters Gives Republicans New
Hope
[[link removed]}&lead=419599&emailid=90076&nl=daily]
There was evidence of Mr. Trump’s inroads across the country. In the
heavily blue-collar community of Fayette County, Pa., outside
Pittsburgh, Mr. Trump won nearly 70 percent of the vote, expanding his
margins by about five percentage points since 2020.

Work

Plea Deals for Accused 9/11 Plotters Are Valid, Judge Rules
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Prosecutors and the office of the secretary of defense had no
immediate comment on whether the government would appeal. Rear Adm.
Aaron C. Rugh, the chief prosecutor for military commissions, said his
team was “discussing next steps.”

Work

Roblox introduces new safety features for under-13s
[[link removed]}&lead=419599&emailid=90076&nl=daily]
"We recognize the deadline is soon, but we greatly appreciate your
cooperation in helping us ensure Roblox is a safe and civil place for
users of all ages to come together," it said in a post on the Roblox
developer website.

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House prices hit record high, says Halifax
[[link removed]}&lead=419599&emailid=90076&nl=daily]
David Stirling, an independent financial adviser at Mint Mortgages &
Protection, said: "Estate agents are busy even in a higher interest
rate environment and mortgage applications and approvals are still
strong."

Work

What Trump's Win Means for the Federal Reserve and Jerome Powell
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Congress granted the Fed independence from the White House so that
central bankers would have the freedom to make policy decisions that
brought near-term pain but long-term benefits. Higher rates are
unpopular with consumers and with incumbent politicians, for instance,
though they can leave the economy on a more sustainable path over
time.

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Here's What to Watch as the Fed Meets Thursday
[[link removed]}&lead=419599&emailid=90076&nl=daily]
“The main takeaway is that his election injects a higher degree of
uncertainty into the outlook both for growth and for inflation,”
said Blerina Uruci, chief U.S. economist at T. Rowe Price.

Work

Tech Giants Face a Familiar Uncertainty With Trump
[[link removed]}&lead=419599&emailid=90076&nl=daily]
“He’s been incredibly unpredictable on tech and seems prone to
changing positions on any topic,” said Scott Babwah Brennen,
director of the Center on Technology Policy at New York University.

Work

Tech C.E.O.s Courted Trump Before the Election
[[link removed]}&lead=419599&emailid=90076&nl=daily]
But Mr. Trump heaped praise on Mr. Cook, the chief executive of Apple.
He liked that Mr. Cook called him directly to discuss business and
economic issues. Such direct engagement helped Apple avoid tariffs on
many of its products, even as the Trump administration cracked down on
other companies that were manufacturing in China.

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A Master of the Media Evolved Yet Again in 2024
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Yet each of them was cited by name during the televised Trump victory
celebrations early Wednesday. And the president-elect took a moment to
single out a friend onstage: Bryson DeChambeau, a two-time U.S. Open
golfing champion and YouTube star whose 56-minute video with Mr. Trump
— in which the men called each other “partner” and traded tips
on putting — amassed nearly 13 million views.

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Canada Shuts TikTok's Offices Over National Security Risks
[[link removed]}&lead=419599&emailid=90076&nl=daily]
Forcing the company to close its offices rather than banning the app
could make it more difficult for the government to address its
concerns, Michael Geist, a professor of law at the University of
Ottawa, wrote in a blog post.

Work

Richard Winfield, Protector of Press Freedom, Dies at 91
[[link removed]}&lead=419599&emailid=90076&nl=daily]
A report by the United Nations Educational, Scientific and Cultural
Organization in 2021 cited the project’s intervention on behalf of
Issa Amro, described as a Palestinian human rights defender who was
tried for “disturbing public order, hate speech, and insult”
before an Israeli military court and a magistrate’s court in the
West Bank city of Hebron.

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