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Morgan Stanley announces management changes for China A Share Fund
Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
brics bloc attracts global interest as 23 countries seek membership expansion
The BRICS bloc, comprising Brazil, Russia, India, China, and South Africa, is set to expand in 2025, with over 20 countries expressing interest in joining, driven by a desire for de-dollarization and a shift in global economic dynamics. U.S. President-elect Donald Trump has threatened 100% tariffs on nations supporting a BRICS currency, emphasizing the need to maintain the dominance of the U.S. dollar. The bloc aims to integrate nations that align with its vision, reflecting its growing influence in international affairs.
national day of mourning for former president jimmy carter
Former President Jimmy Carter passed away on December 29, 2024, at the age of 100, marking a National Day of Mourning on January 9, 2025. Flags are flown at half-staff in his honor, and federal offices, including the Supreme Court, will be closed that day. A national funeral service is scheduled at the Washington National Cathedral, attended by all living former presidents.
Trump's Ambitious First Day Plans Include Tariffs and Mass Deportations
Trump has outlined aggressive plans for his first days in office, including declaring a national emergency for mass deportations and halting migrant flights. He aims to dismantle federal job protections, pardon January 6 rioters, repeal AI regulations, and impose significant tariffs on imports, particularly from China, Canada, and Mexico.
trump's second term and its implications for latin america's political landscape
Javier Milei, Argentina's libertarian president, aligns with Donald Trump's anti-left stance but diverges on trade, favoring fewer barriers. Trump's second term could reshape Latin America, particularly impacting Mexico's economy through potential tariff increases and deportations, while Argentina hopes for financial aid amid its debt crisis.
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