Another Trump win. Panama down for the count.

Panamanian President José Raúl Mulino announced that after his meeting Rubio, his government will not renew its 2017 memorandum with China on the “Belt and Road Initiative.” He also stated that Panama will seek to terminate its agreements with the Chinese government ahead of their scheduled end dates in 2027 and 2028.

“One important thing, which is a decision I made and communicated to you, is that the 2017 MoU on the Silk Road, the Bell and Road Initiative, will not be renewed by my government. That is the case,” Mulino said according to a translation of his remarks. “We are going to study the possibility of whether it can be finished earlier

i will never understand how the poor can believe that taxing them instead of the rich makes sense

well for the majority of Trump voters let hope they give back some crumbs to the less fortunate

They are going to gut medicaid, medicare, and social security.

and the poor will cheer and thank Trump more profusely

The very richest Americans are among the biggest winners from President Joe Biden’s time in office, despite his farewell address warning of an “oligarchy” and a “tech industrial complex” that threaten U.S. democracy.

The 100 wealthiest Americans got more than $1.5 trillion richer in the past four years, with tech tycoons including Elon Musk, Larry Ellison and Mark Zuckerberg leading the way, according to the Bloomberg Billionaires Index. The top 0.1% gained more than $6 trillion, Federal Reserve estimates through September show.

The nation's 644 billionaires have enjoyed a staggering rise in wealth since the pandemic shuttered the economy in March, with the group gaining almost $1 trillion in total net worth, according to a new analysis. The spike in wealth coincides with what some economists are calling a K-shaped recovery, with the rich regaining their footing while poorer Americans struggle with lost wages and jobs.

The wealth of the nation's billionaires rose to $3.88 trillion as of October 13, a jump of $931 billion from March, an analysis from Americans for Tax Fairness and the Institute for Policy Studies, two left-leaning groups, found. That's almost twice the $2.1 trillion in wealth held by the bottom half of the U.S. population, or about 165 million people, they added.

November 5, 2024 wasn't just a good day for President-elect Donald Trump — it was also a big win for the world's wealthiest men, according to a new report.

CNN reported Thursday that in the immediate aftermath of the election, the net worths of the 10 richest billionaires in the world skyrocketed. The Bloomberg Billionaire Index, which tracks the growth and contraction in net worth of the super-rich in real time, showed that there was a $64 billion jump in the collective wealth of centabillionaires at the top of the list.

The biggest financial boon of the night went to Tesla and SpaceX CEO Elon Musk — who also owns X (formerly Twitter) — with the Bloomberg Billionaires Index pegging the Trump megadonors net worth at $290 billion. That's a $26.5 billion jump from before the election. Amazon founder Jeff Bezos saw his total wealth climb by more than $7.1 billion following the decision. And Oracle co-founder Larry Ellison (who backed Trump) saw his net worth grow by more than $5.5 billion on Wednesday.

Panamanian President José Raúl Mulino announced that after his meeting Rubio, his government will not renew its 2017 memorandum with China on the “Belt and Road Initiative.” He also stated that Panama will seek to terminate its agreements with the Chinese government ahead of their scheduled end dates in 2027 and 2028

“One important thing, which is a decision I made and communicated to you, is that the 2017 MoU on the Silk Road, the Bell and Road Initiative, will not be renewed by my government. That is the case,” Mulino said according to a translation of his remarks. “We are going to study the possibility of whether it can be finished earlier