Trump voids Biden's autopen-signed pardons, igniting controversy

zerohedge.com

This week, former President Trump claimed that blanket pardons issued by President Biden using an autopen are now void. This statement has sparked political controversy and could lead to investigations, possibly reaching the Supreme Court. Tensions are rising abroad as President Trump warned Iran that further attacks from the Houthis might lead to U.S. military action. There are reports that the U.S. may send three carrier strike groups to the Middle East. This comes as Israel resumes attacks on Hamas, which recently refused to release hostages. The U.S. has also agreed to a plan for rebuilding Gaza without Hamas involvement. In Ukraine, Trump and Russian President Putin are set to discuss a ceasefire. Meanwhile, a potential summit between Trump and Chinese President Xi is being considered. The U.S. aims to establish a new relationship with key nations like Russia, China, Iran, and North Korea. In Europe, the UK plans to send peacekeepers to Ukraine. Critics are concerned about the UK's military readiness for a long deployment. Germany is expected to ease its debt restrictions to rearm itself, while the European Commission is discussing a new €40 billion arms package for Ukraine. Trade relations are becoming increasingly complicated. The EU might impose tariffs on U.S. aluminum, and trade tensions between the U.S. and EU are expected to rise. Countries like Ukraine are warning that their access to EU markets is in jeopardy, which could have economic repercussions. Elon Musk raised concerns about government spending, calling it an issue of economic management. Changes in how GDP is calculated may worry markets that rely on accurate economic indicators. There are fears that the Federal Reserve could be used politically in future crises, potentially affecting global market stability. As a two-day Federal Reserve meeting begins, speculation continues about economic policies and interest rates. Many analysts expect rates to remain unchanged for now, but the larger implications of current policies remain uncertain.


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