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Tokyo girl, Tokyo girlYou’ve got the moves to rule the worldThat cute inscrutabilityTokyo girl, you’re a mysteryAce of baseThe liberal democracies of Northeast Asia – Japan, South Korea and Taiwan – have survived and even thrived in a purgatorial equilibrium where their fate is dependent on:an America in Asia but not of Asia (see here) and a China gathering its strength and biding its time.There are costs associated with this equilibrium, this status quo, this interminable present – costs not just of treasure and strategic risk but of civilizational stagnation and national incoherence.While Japan, South Korea and Taiwan have avoided…

Tokyo girl, Tokyo girlYou’ve got the moves to rule the worldThat cute inscrutabilityTokyo girl, you’re a mysteryAce of baseThe liberal democracies of Northeast Asia – Japan, South Korea and Taiwan – have survived and even thrived in a purgatorial equilibrium where their fate is dependent on:an America in Asia but not of Asia (see here) and a China gathering its strength and biding its time.There are costs associated with this equilibrium, this status quo, this interminable present – costs not just of treasure and strategic risk but of civilizational stagnation and national incoherence.While Japan, South Korea and Taiwan have avoided…

CNN  —  There’s more to Donald Trump’s Middle East trip than billion-dollar contracts, parades of camels and a storm back home over Qatar’s offer to give the president a new Air Force One. A tour narrowly billed by the White House as a chance for Trump to show he’s a master dealmaker is jumbling the region’s geopolitical jigsaw puzzle. Wherever he goes, Trump’s brings disruption that can forge possibilities. And he takes risks – for instance, his decision on this trip to lift sanctions on Syria to give a war-ravaged nation a second chance. But the move revives a perennial…

NVIDIA CEO Jensen Huang and U.S. President Donald Trump shake hands at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters The “Magnificent Seven” group of stocks — comprising Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla — drove much of the S&P 500’s sterling 23.31% gain in 2024.They have also been some of the hardest stocks hit by U.S. President Donald Trump’s tariffs. Those that rely heavily on global supply chains and export markets, such as Apple and Nvidia, suffered the most. By contrast, Meta and Microsoft, which derive more of…

CNBC’s Jim Cramer reviewed why certain stocks that are usually considered safe bets — like pharmaceuticals or consumer packaged goods — weathered losses on Wednesday.”In a very uncertain tape for what used to be called ‘safety stocks,’ I’d rather just own a piece of paper like the 10-year Treasury, where, if worst comes to worst, at least I get my money back,” he said.Cramer pinpointed a few reasons several stocks with solid dividends declined today — namely, rising bond yields, especially the 10-Year Treasury. He also stressed that Robert F. Kennedy Jr., the Health and Human Services secretary, is a…

© Marco Bottigelli | Moment | Getty ImagesAsia-Pacific markets mostly fell Thursday, breaking ranks with Wall Street as investors assessed U.S.-China trade developments.Japan’s benchmark Nikkei 225 fell 0.98% to close at 37,755.51, while the Topix lost 0.88% to end the trading day at 2,738.96. South Korea’s Kospi declined 0.73% to close at 2,621.36 while the small-cap Kosdaq slipped 0.79% to close at 733.23.Hong Kong’s Hang Seng index dropped 0.82%, while mainland China’s CSI 300 lost 0.87%. India’s Nifty 50 slipped 0.16%.Australia’s benchmark S&P/ASX 200 bucked the wider trend in the region to close 0.22% higher at 8,297.5.”While markets have largely…

CNN  —  Sitting on a couch in her home in Maracay, Venezuela, Mirelis Cacique López watches her son Francisco Javier García Cacique on her cell phone in the first video released of a group of Venezuelans sent by the United States to El Salvador’s maximum-security prison Cecot. “Among the boys, I recognized my son,” Cacique López said to CNN. “We thank God for allowing us to see our relatives, even in those conditions,” she added, insisting that she will continue to pray for their release. The video aired Tuesday on the One America News Network, on a show hosted by…

After shares of Reddit jumped more than 11% on Wednesday, CNBC’s Jim Cramer explained why he’s enthusiastic about the company’s future. He recommended investors buy Reddit, but only if they have substantial risk tolerance.”While I think Reddit’s absolutely worth buying at these levels, even after today’s monster move, stocks like these are only worth owning if you can stomach some serious volatility like we’re having right now,” he said. “Keep in mind, we’re always one presidential tweet — or whatever you want to call it — away from these kinds of names falling out of favor all over again.”Despite the…

Asian shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street.Oil prices fell more than $1 a barrel. China moved to reverse some of its “non-tariff” measures against the U.S. as agreed with Washington in their temporary trade war cease-fire and most markets traded in a narrow range.Japan’s Nikkei 225 index dropped 1.1%, however, to 37,705.74. Computer chip-related stocks were among the biggest decliners, with Disco Corp. falling 2.6% and Advantest down 1.8%. Hong Kong’s Hang Seng was the outlier, picking up 0.2% to 23,691.67. The Shanghai Composite index lost 0.3% to 3,393.29,…

BUENOS AIRES, Argentina (AP) — Argentina’s right-wing President Javier Milei issued a decree on Wednesday curbing immigration to the South American nation, a move coinciding with the immigration restrictions put in place by the Trump administration.In a country that has long prided itself on its openness to immigrants, Milei’s abrupt measures and declaration that newcomers were bringing “chaos and abuse” to Argentina drew criticism from his political opponents and prompted comparisons to U.S. President Donald Trump.Milei’s government welcomed those parallels to its close American ally, with presidential spokesperson Manuel Adorni saying it was “time to honor our history and make…