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clutchtwopointzero@lemmy.worldto Technology@lemmy.world•Trump says a 25% tariff "must be paid by Apple" on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the USEnglish5·1 day agothe American system simply gives way too much power to the president
her eye game is absolutely on-point
clutchtwopointzero@lemmy.worldto Technology@lemmy.world•Kids are short-circuiting their school-issued Chromebooks for TikTok cloutEnglish112·15 days agothe wise committee who designed such ports made the directly access the rest of motherboard and CPU
clutchtwopointzero@lemmy.worldto World News@lemmy.world•Pakistan launches "Operation Bunyan-un-Marsoos" in response of Indian aggressionEnglish102·15 days agonah. foreign powers are completely uninterested, so this will remain a local conflict. there’s nothing there to forcibly draw other countries in as well
clutchtwopointzero@lemmy.worldto World News@lemmy.world•Pope Leo ‘Looked the Other Way’ When Victims Raised Sex Abuse Claims Against Priests, Survivor WarnsEnglish2·15 days agoHe’s a corporativist
clutchtwopointzero@lemmy.worldto Android@lemdro.id•I replaced my iPhone with an e-paper Android handset - here's my verdict after a monthEnglish6·17 days agoAnd now with tariffs, they are not compatible with my finances
clutchtwopointzero@lemmy.worldto Today I Learned@lemmy.world•TIL ancient Romans used communal toilets—stone benches with keyhole-shaped holes—where people sat side by side without privacy, chatting while waste drained beneath them using flowing water.English1·17 days agoYou feel this way because you know about germs… Back in the 1800s, surgeons would do brain surgeries with bare hands, wiping them in their pants and calling it a day
clutchtwopointzero@lemmy.worldto World News@lemmy.world•Japan says its $1 trillion in US Treasuries is among tools for trade talksEnglish3·23 days agoThe problem is that the high interest rate would trigger the debt ceiling and the USA may actually default on its debt
clutchtwopointzero@lemmy.worldto World News@lemmy.world•Japan says its $1 trillion in US Treasuries is among tools for trade talksEnglish41·23 days agoWhen foreign countries buy those US Treasuries, basically they are as if the US borrowed money from those foreign countries (ie foreign country gives the US money and the US promises to pay interest over time on that money, and to give back that money in the end. In this case it is said that foreign country “bought” US debt). This helps keep the value of the US dollar where it is (in other words, highly desirable). If foreign countries stop buying those US Treasuries or — worse — start selling them, it is as if those countries are taking their money back. Because the dollar becomes less desirable in that scenario, then the US has to jack up interest rates to make the dollar attractive to buyers again. For the people on the street, this results in higher interest rates on loans, credit cards, and mortgages. Companies face higher costs to borrow money and some have to fire people and/or reduce/close business.
In short, Trump thinks that he has leverage on foreign nations by affecting how they trade with the USA, but he doesn’t realize that foreign nations have immense ability to wreck the dollar if they are forced to do so by no longer giving their money in exchange of US debt.
clutchtwopointzero@lemmy.worldto World News@lemmy.world•Country wide power outages reported Spain and PortugalEnglish2·26 days agoIncompetence of network operators? Sabotage by a state actor?
clutchtwopointzero@lemmy.worldto Technology@lemmy.world•US Government Almost Kills Critical Cybersecurity DatabaseEnglish4·1 month agoThe UN has too many programs to handle and a limited budget
clutchtwopointzero@lemmy.worldto World News@lemmy.world•Live updates: Trump announces sweeping tariffsEnglish5·2 months agoLarge companies can also bully suppliers to force them to lower prices at their end
clutchtwopointzero@lemmy.worldto World News@lemmy.world•Prince Andrew’s accuser Virginia Giuffre given ‘four days to live’ after horror crashEnglish6·2 months agoWithout dialysis
clutchtwopointzero@lemmy.worldto Technology@lemmy.world•DNA testing firm 23andMe files for bankruptcyEnglish1·2 months agoDon’t know why tho, since they believe only 144k people will be saved
on the other hand, who in America can hold trump accountable? don’t tell me it’s “the people”