#economic-instability

#economic-instability

I am returning power to the people, Anutin said on social media late on Thursday. He is Thailand's third prime minister since August 2023, and political instability is taking a toll on south-east Asia's second-largest economy, which is grappling with US tariffs, high household debt and weak consumption. In September, Anutin said he planned to dissolve parliament by the end of January, with a general election to be held in March or early April, but this move would accelerate that timeline.

Mandy DeMayo emphasizes the need for local funding to supplement federal assistance, stating, 'Where we are not able to meet the community needs with federal funds for a variety of different reasons, we try to meet those needs with our local funds, so this is just a slice of our programs.'

"Under the Trump administration, the U.S. financial system is becoming a Wild West of unregulated institutions and markets, increasing the risks of a financial crisis."

In places like Abuja, Caracas, and Kabul, Bitcoin emerges not just as an alternative currency, but as a lifeline for those facing extreme socio-economic challenges.

In the midst of political chaos, the Trump administration faces its own internal crises, highlighted by mishandlings at the Pentagon and economic instability due to presidential interference.