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Do Democrats need to move right to take on Trump?

Do Democrats need to move right to take on Trump?

Channel 416-07-2025
In America the Democrats are in crisis — leaderless, divided, and drifting after Donald Trump's return to power, and on the left, Alexandria Ocasio-Cortez (AOC), Bernie Sanders and the Democrat's New York mayoral candidate Zohran Mamdani are seizing the moment, but is their radicalism the way to beat Trump's Maga bandwagon?
Or will they end up alienating the majority of working class America?
Tim Ryan, a senior advisor for the Progressive Policy Institute, is the former Ohio Congressman who stood for the senate but lost to JD Vance.
He also threw his hat in the ring for the Democrats Presidential nomination when Joe Biden won it.
He wants to haul his party back to focus on what he sees as the central concerns of working class voters – their cost of living and the fairness of the system, as well as working with business not against it – what he sometimes calls more of a Bill Clinton style. But is that really the answer to a Democrat resurrection?
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Europe and Ukraine press US ahead of Trump-Putin talks
Europe and Ukraine press US ahead of Trump-Putin talks

Reuters

time16 minutes ago

  • Reuters

Europe and Ukraine press US ahead of Trump-Putin talks

KYIV/LONDON Aug 9 (Reuters) - European officials were reported to have presented their own Ukraine peace proposals to the United States on Saturday as President Donald Trump prepared for talks with Russian President Vladimir Putin on ending the war. Trump announced on Friday that he would meet Putin in Alaska on August 15, saying the parties, including Ukrainian President Volodymyr Zelenskiy, were close to a deal that could resolve the three-and-a-half-year conflict. Details of the potential deal have yet to be announced, but Trump said it would involve "some swapping of territories to the betterment of both". It could require Ukraine to surrender significant parts of its territory - an outcome Kyiv and its European allies say would only encourage Russian aggression. U.S. Vice President JD Vance met Ukrainian and European allies in Britain on Saturday to discuss Trump's push for peace. The Wall Street Journal said European officials had presented a counter-proposal, including demands that a cease-fire must take place before any other steps are taken and that any territory exchange must be reciprocal, with firm security guarantees. "You can't start a process by ceding territory in the middle of fighting," it quoted one European negotiator as saying. European officials contacted by Reuters were unable to confirm the report. Zelenskiy said the meeting was constructive. "All our arguments were heard," he said in his evening address to Ukrainians. "The path to peace for Ukraine should be determined together and only together with Ukraine, this is key principle," he said. He had earlier rejected any territorial concessions, saying "Ukrainians will not give their land to the occupier". French President Emmanuel Macron also said Ukraine must play a role in any negotiations. "Ukraine's future cannot be decided without the Ukrainians, who have been fighting for their freedom and security for over three years now," he wrote on X after what he said were calls with Zelenskiy, German Chancellor Friedrich Merz and British Prime Minister Keir Starmer. "Europeans will also necessarily be part of the solution, as their own security is at stake." Zelenskiy has made a flurry of calls with Ukraine's allies since Trump's envoy Steve Witkoff's visit to Moscow on Wednesday which Trump described as having achieved "great progress". "Clear steps are needed, as well as maximum coordination between us and our partners," Zelenskiy said in a post on X earlier on Saturday. Ukraine and the European Union have pushed back on proposals that they view as ceding too much to Putin, whose troops invaded Ukraine in February 2022, citing what Moscow called threats to Russia's security from a Ukrainian pivot towards the West. Kyiv and its Western allies say the invasion is an imperial-style land grab. After the talks in Britain, Axios reporter Barak Ravid cited a U.S. official as saying: "Today's hours-long meetings produced significant progress toward President Trump's goal of bringing an end to the war in Ukraine." It was not clear what, if anything, had been agreed. Moscow has previously claimed four Ukrainian regions – Luhansk, Donetsk, Zaporizhzhia and Kherson – as well as the Black Sea peninsula of Crimea, which was annexed in 2014. Russian forces do not fully control all the territory in the four regions and Russia has demanded that Ukraine pull out its troops from the parts of all four of them that they still control. Ukraine says its troops still have a small foothold in Russia's Kursk region a year after its troops crossed the border to try to gain leverage in any negotiations. Russia said it had expelled Ukrainian troops from Kursk in April. Tatiana Stanovaya, a senior fellow at the Carnegie Russia Eurasia Center, described the current peace push as "the first more or less realistic attempt to stop the war". "At the same time, I remain extremely sceptical about the implementation of the agreements, even if a truce is reached for a while. And there is virtually no doubt that the new commitments could be devastating for Ukraine," she said. Fierce fighting is raging along the more than 1,000-km (620-mile) front line along eastern and southern Ukraine, where Russian forces hold around a fifth of the country's territory. Russian troops are slowly advancing in Ukraine's east, but their summer offensive has so far failed to achieve a major breakthrough, Ukrainian military analysts say. Ukrainians remain defiant. "Not a single serviceman will agree to cede territory, to pull out troops from Ukrainian territories," Olesia Petritska, 51, told Reuters as she gestured to hundreds of small Ukrainian flags in the Kyiv central square commemorating fallen soldiers.

A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts
A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts

The Independent

timean hour ago

  • The Independent

A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts

A top official at the Federal Reserve said Saturday that this month's stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower. Michelle Bowman was one of two Fed officials who voted a week and a half ago in favor of cutting interest rates. Such a move could help boost the economy by making it cheaper for people to borrow money to buy a house or a car, but it could also threaten to push inflation higher. Bowman and a fellow dissenter lost out after nine other Fed officials voted to keep interest rates steady, as the Fed has been doing all year. The Fed's chair, Jerome Powell, has been adamant that he wants to wait for more data about how President Donald Trump 's tariffs are affecting inflation before the Fed makes its next move. At a speech during a bankers' conference in Colorado on Saturday, Bowman said that 'the latest labor market data reinforce my view' that the Fed should cut interest rates three times this year. The Fed has only three meetings left on the schedule in 2025. The jobs report that arrived last week, only a couple of days after the Fed voted on interest rates, showed that employers hired far fewer workers last month than economists expected. It also said that hiring in prior months was much lower than initially thought. On inflation, meanwhile, Bowman said she is getting more confident that Trump's tariffs 'will not present a persistent shock to inflation' and sees it moving closer to the Fed's 2% target. Inflation has come down substantially since hitting a peak above 9% after the pandemic, but it has been stubbornly remaining above 2%. The Fed's job is to keep the job market strong, while keeping a lid on inflation. Its challenge is that it has one main tool to affect both those areas, and helping one by moving interest rates up or down often means hurting the other. A fear is that Trump's tariffs could box in the Federal Reserve by sticking the economy in a worst-case scenario called 'stagflation,' where the economy stagnates but inflation is high. The Fed has no good tool to fix that, and it would likely have to prioritize either the job market or inflation before helping the other. On Wall Street, expectations are that the Fed will have to cut interest rates at its next meeting in September after the U.S. jobs report came in so much below economists' expectations. Trump has been calling angrily for lower interest rates, often personally insulting Powell while doing so. He has the opportunity to add another person to the Fed's board of governors after an appointee of former President Joe Biden stepped down recently.

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