• The government shutdown could cause a disaster for the US economy if Trump follows through on his threat to continue the fight for 'months'

    6 days ago - By Business Insider

    Most economists agree that the government shutdown will weigh on US economic growth.
    But according to one economist, if President Donald Trump follows through on his threat to keep the government closed for "months," the hit could be severe.
    Pantheon Macroeconomics' Ian Shepherdson says if the shutdown lasts through March, then first quarter US GDP could be negative.
    While the prediction is a worst-case scenario, it highlights the dangers of a long-term shutdown.
    While the now record-breaking government shutdown is causing serious upheaval on Capitol Hill, economists say that the closure...
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  • Trump threatened to 'devastate' a NATO ally's economy and his State Department has no idea that means

    Trump threatened to 'devastate' a NATO ally's economy and his State Department has no idea that means

    6 days ago - By Business Insider

    President Donald Trump on Sunday threatened to "economically" devastate Turkey, a NATO ally, but Trump's own State Department said it had no knowledge of any such plans.
    Trump said Turkey would pay if it attacked the Kurds, an ethnic group that's proved one of the most effective fighting forces against ISIS, but is treated by Turkey as a terror group.
    Trump's Syria policy has been attacked by national security experts as incoherent.
    President Donald Trump on Sunday threatened to "economically" devastate Turkey, a NATO ally, but Trump's own State Department said it had no knowledge of any...
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  • Trump threatened to 'devastate' Turkey's economy if they strike the US-backed allies who've led the ISIS fight

    Trump threatened to 'devastate' Turkey's economy if they strike the US-backed allies who've led the ISIS fight

    6 days ago - By Business Insider

    President Donald Trump threatened to "devastate Turkey economically" via Twitter on Sunday.
    The president's threat comes amid growing concerns over the fate of US-backed Kurdish fighters, which Turkey has long declared to be a terrorist group.
    Kurdish forces have been critical partners in the campaign against ISIS. They fear that in the absence of US protection, Turkey will launch an assault against them.
    The Syrian Democratic Forces have been instrumental in the fight against the Islamic State, and currently hold hundreds of IS prisoners.
    In comments to reporters Monday, US Secretary of...
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