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President Donald Trump's attempt to browbeat Denmark into parting with Greenland has revived worries that foreign investors could start dumping U.S. assets — particularly bonds — in retaliation.
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US bank stocks fall as investors await credit card rate cap deadline ReutersTrump's 10% credit card cap deadline is here. Will card companies comply? CBS NewsTrump's affordability pledge strikes directly at the heart of Wall Street's profit engine CNNTrump called for a 10% cap on card rates by Jan. 20. What happened? USA Today
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Trump tariffs live updates: Trump heads to Davos as Greenland threats roil world, markets Yahoo FinanceTrump's Greenland Quest Has Allies Reeling — and Pushing Back Bloomberg.comTrump is going to Davos — here are the big names who aren't CNBCNervous rex: the Davos elite brace for Trump and his dinosaur diplomacy The Guardian
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Topic: Going GreenGovernancePoliticsBill Gates recently posted his new thinking on Climate Change declaring we've been thinking about it the wrong way. His article is sending shockwaves, some agreeing, some feeling he has betrayed the cause, and some like Trump declaring this is proof that climate change was a hoax. I definitely agree with Gates here (and not Trump, obviously) but his revelation speaks to something even bigger than climate change, and hints at what may be the greatest mistake in global political discussion about a wide range of topics, not just climate. We've been doing it wrong, and are paying a terrible price.
Gates' thesis is that the general climate community has been overstating the case for climate change. It's a major, serious problem, which he has personally done far more to address than almost anybody, but it's not the civilization-ending emergency crisis it is often painted as. This has stopped us from allocating our resources wisely to fight the true big problems like poverty and disease, which will do far more harm to people than even the worst that global warming threatens. The way to combat climate change not simply to stop emissions (which is good) but to give people the economic prosperity and tools to contend with the hardships to come, and many others.
Read Gates' own essay to get the full scop
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