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Country's output could drop by a third in next month, threatening Trump's hopes of windfall for energy sector
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Trump suggests US taxpayers could reimburse oil firms for Venezuela investment The GuardianBig Oil doesn't share Trump's dream of making Venezuelan oil great again CNNVenezuela says it has the world's largest reserves of crude oil. Making it viable is a whole other problem. Yahoo FinanceTrump says the U.S. may reimburse oil companies for rebuilding Venezuela's infrastructure NBC News
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Where Trump could strike next PoliticoColombian military must defend against potential US invasion, minister says ReutersFrom Greenland to Iran: Trump's threats stretch far and wide since his Venezuela strike CNNAfter Venezuela, Trump Offers Hints About What Could Be Next The New York TimesThe one line that Trump's foreign policy still hasn't crossed Vox
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Half of the index is exposed in Taiwan and China.
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Trump weighs using U.S. military to acquire Greenland: White House CNBCTrump says his Greenland fixation is about national security. Europeans are skeptical. PoliticoStephen Miller Asserts U.S. Has Right to Take Greenland The New York TimesSome Republicans Push Back on Trump's Designs on Greenland The Wall Street Journal
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Venezuela has the largest oil reserves in the world, and President Trump is angling to get U.S. companies a share.
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Prepare to file in 2026: Get Ready for tax season with key updates, essential tips IRS (.gov)Who could see bigger tax refunds in 2026 from Trump's cuts CNBCWhen is the last day you can file taxes in 2026? Here are the deadlines. USA TodayWhen can you start filing taxes in 2026? What to know NBC 5 Chicago
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Maduro's motorcycle thugs go door to door in hunt for Trump supporters The TelegraphVenezuelan security forces detain journalists as armed police patrol streets BBCArmed militias deployed in Venezuela as regime attempts to impose authority The GuardianFear grips Caracas as a new wave of repression is unleashed in Venezuela The Washington Post
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‘Mexico should indeed be concerned': Trump's threats rattle Mexican officials, businesses PoliticoMexico condemns attack on Venezuela while seeking to avoid its fate ReutersMexican president rejects US sending troops to her country: 'I don't believe in an invasion' Fox NewsWorld leaders push back against U.S. in wake of Maduro's ouster CBC
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WHAT are Republican lawmakers in politics to achieve? Not many years ago, at the peak of their outrage over Barack Obama''s economic stimulus package, 'balanced budgets' might have featured in the answer. But the frenzied passage of the Tax Cuts and Jobs Act through Congress has revealed the insincerity of the party''s fiscal moralising. Republicans in Congress do not oppose government borrowing when it suits them. Rather, the overarching policy objective that unifies them is cutting taxes—and damn the fiscal consequences. Following the passage of the tax bill through the Senate in the early hours of December 2nd, Republicans are on the brink of achieving their goal.On November 30th budget scorekeepers unveiled a forecast for how much extra economic growth the tax bill might spark: enough to pay for about one third of its $1.5trn cost. Previously, Republicans might have viewed this projection as a triumph. They have long pressed for budget forecasts to include such 'dynamic' effects (see blog). But the score briefly seemed to imperil the bill. It undermined the absurd claim, made by the Republican leadership and the Trump administration, that tax cuts would pay for themselves in full. No serious economist ever thought this credible. Yet the official score seemed to blow Republicans'' ...
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