He also suggested that the U.S. had got permission from Ukraine's government to publish the White House's partial transcript of the July phone call, something Ukrainian officials have denied. Ukrainian officials have told CBS News that White House officials requested permission to publish some transcription of the call, but that it was never given in the few hours they had to reply before the partial transcript was released. … [Read more...] about Watch live: Trump again blasts impeachment “hoax” before leaving Davos
New job growth under trump
By Krystal Chia The good news: The global gender gap has improved, slightly. The reality: Differences in economic opportunity, including pay between men and women, are so vast it’ll take 202 years to fully bridge them, according to the World Economic Forum. The group looks at several measures of equality between men and women in this year’s Global Gender Gap Report, released Tuesday. Overall gender disparity across politics, work, health and education improved by less than 0.1 percent, meaning it’ll take 108 years to reach parity. The economic opportunity gap -- based on participation, pay and advancement in the workforce -- remains the area that’ll take the longest time to close. The figures are a tiny improvement from last year’s results, where the gap between the achievements and well-being of men and women widened for the first time in more than a decade. “What we’re seeing globally is that we don’t have any country that’s … [Read more...] about Women are on track to earn the same as men — in 202 years
It seems clear the Trump administration — even sophisticated people within it, like trade representative Robert Lighthizer — were caught off guard by what they saw as Chinese efforts to recut terms they’d already agreed to. It seems like Xi may not have realized how constrained he is by domestic politics, and that made his negotiating position unclear. Trump’s tendency to change his mind makes it hard for us to maintain a clear position. … [Read more...] about Are Recession Fears More Justified Now?
Josh: I think stocks are doing well because, as you note, some of the looming risks we were worried about as of December seem to have gotten less risky. The Fed also helped by first stopping its interest-rate-hike campaign and then undertaking a “mid-cycle adjustment” of rate cuts. Jay Powell seems to have stuck the landing on that — he sent strong signals at this week’s meeting that the Fed does not expect to cut rates more. The president got angry about it on Twitter, but the market was prepared, investors expected to get just these three rate cuts, and so the market barely moved on the Fed announcement. … [Read more...] about Why Is the Stock Market Doing So Well?
However, the US move has unnerved investors. Mr Lighthizer's comment that he sees the French tax as part of a "growing protectionism of EU member states," raised concerns that this latest spat could be part of a wider trade war with the EU that has drawn in car companies and planemaker Airbus. … [Read more...] about US threatens tax on champagne and French cheese