Balance of Power: Trump Says He Deserves a ‘Pass'
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
an hour ago
- Bloomberg
Politicians Descended on the Iowa State Fair
Politicians descended on the Iowa State Fair to meet constituents and sell them on Trump's One Big Beautiful Bill. Bloomberg's Erik Wasson went to the fair too. (Source: Bloomberg)
Yahoo
3 hours ago
- Yahoo
Two Decades of Socialist Rule May End as Bolivians Start Voting
(Bloomberg) -- Bolivians are voting in presidential and congressional elections that may end years of socialist rule and herald warmer relations with Washington. The US-Canadian Road Safety Gap Is Getting Wider Festivals and Parades Are Canceled Amid US Immigration Anxiety A Photographer's Pipe Dream: Capturing New York's Vast Water System Princeton Plans New Budget Cuts as Pressure From Trump Builds A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome The election takes place amid unrest, shortages and the steepest inflation in more than three decades. The economic crisis has undermined support for the ruling MAS party, which has held power almost without interruption since 2006. Two pro-business candidates are battling for the upper hand in a field of eight presidential aspirants. Samuel Doria Medina made a fortune in cement, then invested in fast food chains such as Burger King and Subway. Jorge Tuto Quiroga served as president in 2001-2002 when President Hugo Bánzer Suárez stepped down due to ill health. Both candidates say they would cut spending and seek international loans to inject capital into the economy. Both also would seek foreign investment in oil and gas exploration and in lithium production — Bolivia is home to the world's largest deposits of the metal. The highest-profile leftist candidate is former senate chief Andrónico Rodríguez. A socialist, Rodríguez has distanced himself from both the current president, Luis Arce, and former President Evo Morales, whose feud split the ruling party. Arce opted not to run for a second term. Polls are open from 8 a.m. to 5 p.m. and preliminary results are expected Sunday evening. Under Bolivian election rules, a candidate can win in the first round with just 40% of the vote, provided there's a margin of more than ten percentage points over the runner-up. If no one wins in the first round, there'll be a runoff on Oct. 19. The new president will be sworn in on Nov. 8. The economy has been struggling for a decade amid declining natural gas production and dwindling central bank dollar reserves. Bolivia's dollar bonds have been among the top performers in emerging markets this year, on optimism that the election will herald a government able to unlock international loans and implement economic reforms. Under Morales and Arce, Bolivia had close links with Venezuela, Nicaragua, Russia and China but often had sour relations with Washington. What Declining Cardboard Box Sales Tell Us About the US Economy Americans Are Getting Priced Out of Homeownership at Record Rates How Syrian Immigrants Are Boosting Germany's Economy Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan Dubai's Housing Boom Is Stoking Fears of Another Crash ©2025 Bloomberg L.P.
Bloomberg
4 hours ago
- Bloomberg
The Gilded Age Framework for Trump's Urban Politics of Disgust
Newsletter President Donald Trump's push to clean up Washington, DC, by force echoes the ugliest aspects of the Gilded Age-era urban planning movement known as City Beautiful. Hello and welcome to Bloomberg's weekly design digest. I'm Kriston Capps, staff writer for Bloomberg CityLab and your guide to the world of architecture and the people who build things. This week residents of Brooklyn, New York, were treated to an architectural phenomenon known as Sauronhenge. Sign up to keep up: Subscribe to get the Design Edition newsletter every Sunday.
