Daily News of 07-11-2024

Australia
Here’s why Trumpism is the new Reaganism, without the virtues

Ronald Reagan sought to preserve democracy, freedom and liberty. Trumpism resembles none of that – and could well dominate American politics for a generation. Sydney Morning Herald

Trump trade war could force the RBA to jack up rates

KPMG modelling shows that inflation could take off if China retaliates against Donald Trump’s tariffs, while Australia’s mining sector could suffer a $12b export hit. The Australian Financial Review

France
Défaite de Kamala Harris : autopsie d’un désastre politique

Reconnaissant sa défaite, la candidate démocrate laisse ouverte la question de la déroute de son parti. Sur la stratégie suivie, n’ont affleuré, pour l’instant, aucune distance, ni autocritiq... Le Monde

La Commission d'enquête sur la dérive du déficit peut-elle entendre Emmanuel Macron ?

DÉCRYPTAGE - L'ex-ministre des Finances Bruno Le Maire, qui sera auditionné par les députés, a répété qu'il avait «tiré le signal d'alarme» sur l'état des finances publiques, mais qu'il n'a... Le Figaro

Germany
Minus 84 Prozent: Warum der Gewinn bei BMW so massiv einbricht

Ausgerechnet an dem Morgen, an dem sich Donald Trump zum Wahlsieger erklärt, muss BMW-Chef Oliver Zipse einen Gewinneinbruch erklären. Süddeutsche Zeitung

Morning Briefing: Der härteste Rauswurf in der Geschichte der Bundesrepublik

Morning Briefing: Der härteste Rauswurf in der Geschichte der Bundesrepublik Handelsblatt

Israel
Trump’s victory throws diplomatic bombshell into Israel's multi-front war - analysis

The Trump win could push Hamas to prefer a deal under Biden, believing terms would be better given Trump’s pro-Israeli stances and Qatar ties. The Jerusalem Post

With Trump in and Gallant out, Netanyahu is left with few constraints

Trump's Record on Israel Is More Mixed Than People Tend to Recall. This Means Praise and Flattery Are Somewhat Premature. Trump Will Put His Own Interests First, and They Won't Necessarily Always Be A... Haaretz

Singapore
The unexpected unifier: Why Trump won the US presidential election

His 2016 win was powered by white voters, but this time he has successfully diversified The Straits Times

HDB’s FY2023 deficit widens to record S$6.8 billion on higher public housing expenditure

THE Housing and Development Board (HDB) posted a higher net deficit of S$6.8 billion for the financial year 2023, breaking last year’s record S$5.4 billion net deficit. Read more at The Business Tim... The Business Time

Spain
El tablero de los tipos de interés del BCE y la Fed salta por los aires

A mitad de la partida cambian las reglas del juego. La victoria de Donald Trump en las elecciones presidenciales estadounidenses puede convertirse en un punto de inflexión para la... Expansión

Tres presas en la zona de la DANA siguen sin construirse después de 24 años

El Plan Global frente a inundaciones del Júcar del año 2000 preveía la construcción de tres presas en la zona afectada por la DANA para asegurar la mitad de un territorio que consideraban descontr... El Economista

United Kindom
German government collapses after Scholz sacks finance minister

Fragile coalition crumbles after days of crisis talks, with elections expected as soon as March, six months ahead of schedule The Telegraph

City analysts overwhelmingly predict Bank of England interest rate cut

Rare agreement among forecasters gives 96% chance of today’s MPC meeting cutting borrowing costs to 4.75% The Guardian

China and Russia are already playing the new Great Game

Victory for the Taliban is redrawing the strategic map in central Asia. The West risks being left behind by its rivals, writes Catherine Philp

 The Times

United States
Wall Street Salivates Over a New Trump Boom

Wall Street Salivates Over a New Trump Boom  The Wall Street Journal

Trump’s Support From Black and Latino Voters Gives Republicans New Hope

Donald J. Trump picked up support among Latino and Black working-class voters, giving the party hope for a new way to win in a diversifying nation. The New York Times