This year has had its fair share of political tension and technological advancements, but 2018 could have even more in store. "The World in 2018," an annual publication from The Economist, predicts 2018 will be a "nerve jangling" year. Daniel Franklin, Executive Editor of The Economist, and Editor of "The World in 2018," stopped by to discuss the 12 global themes for 2018.
Franklin says we will see more open versus closed world views. While President Donald Trump focuses on his "America first" agenda, France's President Emmanuel Macron is promoting a new kind of pro-globalization plan.
The Economist also sees sports competing with politics in the South Korea Winter Olympics, and the World Cup in Russia. South Korea will put on the Winter Olympics in the shadow of the North's nuclear threats. Franklin also discusses how the World Cup takes center stage in Russia at a sensitive time in the country's relationship with the West.
Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
The Trump administration announced a trade deal with the United Kingdom Thursday in grandiose terms, but with only limited details about what it achieves.
Why not tax the millionaires? That question won't seem to go away as Congress begins drafting a package of tax breaks and spending cuts for President Donald Trump’s “big, beautiful bill."
X, the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates.
