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Click On Picture To See Larger PictureTrump is canceling the [CB] climate initiative and the funding. He is having Lee Zeldin reverse everything. [CB] trying to trap Trump, they will push for rate hike and Trump will call for a rate cut. Energy/Tariffs will counter it all. Gold is buying is surging. The [DS] is in a fit, their weapon is trying to convince the people that unelected Judges have the power to control the executive branch. Congress is preparing to show these Judges who has the real power. The [DS] is forcing the declas, boomerang. Trump has trapped them all, we are now entering the 15th round and the [DS] is exhausted from throwing punches at Trump, Trump is bringing it in the 15th round.

 

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Economy

US rescinds UN climate fund pledges 

The US under former presidents Joe Biden and Barack Obama had pledged about $6bn combined to the GCF, with the most recent commitment announced at the Cop 28 climate talks in Dubai. But the two administrations were able to deliver only $2bn of the funding.

The US has canceled about $4bn in pledged money to the UN's Green Climate Fund, the latest sign a sharp policy shift under President Donald Trump.

The State Department late last week said the US "has rescinded outstanding pledges to the Green Climate Fund," but did not provide any further details.

Source:  argusmedia.com 

Trump tariffs to stoke inflation in 2025: corporate economists

The gain in the Federal Reserve’s preferred inflation measure will probably average nearly 2.7% during the four quarters starting in April, according to economists surveyed by Wolters Kluwer.

Dive Brief:

Eight out of 10 corporate economists forecast that U.S. tariffs will stoke inflation this year, Wolters Kluwer said Monday as the Trump administration intensified its shakeup of trade policy by threatening to impose 25% tariffs on steel and aluminum imports.

Economists at companies ranging from Ford Motor Co. to Morgan Stanley and KPMG to Eaton Corp marked up their forecast for the increase in the consumer price index this year to 2.7% from 2.5% in October, Wolters Kluwer found in a survey.

Source:  cfodive.com 

https://twitter.com/KobeissiLetter/status/1889376017396937016

Why the Federal Reserve could shock the markets this summer: Economist

If there is shock coming to markets, it could arrive this summer. And it could be in the form of a rate hike from the Federal Reserve.

Sløk believes that should inflation accelerate as tariffs take hold, the first rate hike from the Fed could come at its mid-June meeting. More may follow, Sløk said, which could surprise a market that has settled into the view of the Fed standing pat on rates this year — if not lowering them further.

 Sløk said the market hasn't priced in the prospect of rate hikes yet.

Source: yahoo.com

https://twitter.com/ShadowofEzra/status/1889022383584874690

  interest, then pouring it into government bonds, creating the illusion that the government’s financial situation is better than it actually is. He warns that this scheme isn’t just limited to the U.S.—it’s happening across central banks worldwide.

https://twitter.com/KobeissiLetter/status/1889307554468987015

 

Political/Rights

FBI “Just Discovered” 2,400 Undisclosed Records Tied to JFK Assassination Never Provided to Review Board

The FBI has just “stumbled upon” a whopping 2,400 previously undisclosed records tied to the assassination of President...