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Bank of England Deputy Governor Lombardelli: Inflation risks are tilted to the upside.
2026-11-10
Bank of England Deputy Governor Lombardelli: Inflation risks are tilted to the upside.
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2026-11-10
Negal Motawasi, a senior fellow at the Center for International Policy, a U.S. think tank, stated that the Democratic Party's victory in the midterm elections gives it a significant political and legislative advantage, enabling it to challenge Trump'
Negal Motawasi, a senior fellow at the Center for International Policy, a U.S. think tank, stated that the Democratic Party's victory in the midterm elections gives it a significant political and legislative advantage, enabling it to challenge Trump's war against Iran. She said, "Even if the Democrats don't have enough votes to override the president's veto, they will still have considerable political and legislative influence to restrain Trump's war against Iran." Motawasi pointed out that the Democrats can exert pressure through various means, including introducing war powers-related legislation, limiting funding for further military operations, and launching congressional investigations and public hearings of senior Trump administration officials. She stated, "The most important change is at the political level." She noted that the election results further strengthened the Democrats' political mandate against the war, which has already placed a considerable economic burden on the American people. If the Democrats can unite and actively use their newly acquired power, they can make it increasingly difficult for Trump to continue the war, thereby pressuring him to end it.
2026-11-10
France's top trade official said that despite Republican setbacks in last week's US midterms, President Trump may not alter his trade policy. Trade Minister Nicolas Forissier said Democratic control of both the House and Senate would increase scrutin
France's top trade official said that despite Republican setbacks in last week's US midterms, President Trump may not alter his trade policy. Trade Minister Nicolas Forissier said Democratic control of both the House and Senate would increase scrutiny of tariffs but that final policy authority rests with the president; he said he was uncertain how much would actually change. He added it remains important to continue talks on last year's EU‑US trade deal, under which the EU removed tariffs on US industrial goods in exchange for a 15% cap on tariffs for most exports.
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