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Mike Waltz wants America to focus on the threat from China

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“DAMMIT, DAMN, damn, damn!” A young Afghan girl lay dead and Mike Waltz seethed in frustration. An Afghan police unit working with Green Berets under Mr Waltz’s command had killed the child with indiscriminate gunfire unleashed in response to a Taliban attack. The shooting was justifiable but the police had ignored their training, Mr Waltz writes in “Warrior Diplomat”, a memoir published a decade ago about his combat service and tours as a Washington policymaker. The book doubles as a primer on the causes of America’s military failure in Afghanistan and an intellectual autobiography of the man Donald Trump has selected to be his national security adviser.

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Economics

Back to the 1850s

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2 minutes ago

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November 14, 2024

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Immigrant voters may have won America’s presidential election for the nativist candidate

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Economics

The promise Donald Trump is sure to keep

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34 minutes ago

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November 14, 2024

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Donald Trump’s politics are so elastic that it is impossible to be certain what he means when he promises, as he did on election night, to “govern by a simple motto: promises made, promises kept”. Will he judge himself a failure if he does not end the war in Ukraine before he takes office?

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Economics

Wholesale prices rose 0.2% in October, in line with expectations

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2 hours ago

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November 14, 2024

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Wholesale prices nudged higher in October, though largely in line with expectations and consistent with the Federal Reserve cutting interest rates again in December, the Bureau of Labor Statistics reported Thursday.

The producer price index, which measures what producers get for their products, increased 0.2% for the month, up one-tenth of a percentage point from September though matching the Dow Jones consensus forecast. On a 12-month basis, headline wholesale inflation was at 2.4%.

Excluding food and energy, core PPI rose 0.3%, also one-tenth more than September and also matching expectations. The 12-month rate was at 3.1%.

This is breaking news. Please check back for updates.

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