FROM Carmen Reinhart
Wild Swings in Global Markets Have Led to Fears of a Worldwide Slowdown “It wasn’t very long ago that the dread hovering over global financial markets was that things were getting too calm.” This summer, Federal Reserve officials were worried about complacency. Those days are very definitely over. America’s economy is finally looking good, but Wall Street’s sudden volatility is a signal that all is not well. We’ll hear how slow growth in Europe, Asia and South America has led to warnings about the continued impact of the worldwide recession.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.