Wall Street ends week lower as tech shares retreat
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices....
One hundred days into his second term, U.S. President Donald Trump has reasserted his leadership with sweeping domestic crackdowns and disruptive foreign policies, reshaping America’s direction at home and abroad.
From border security to global diplomacy, the administration has reignited old battles and launched new ones, ushering in a turbulent chapter in U.S. governance and international relations.
IMMIGRATION & BORDER SECURITY
On his first day back in office, Trump declared a national emergency at the southern border. U.S. forces were deployed for enforcement operations, and the Guantanamo Bay migrant facility was expanded to accommodate up to 30,000 detainees. The administration’s message was clear: a more aggressive immigration stance had returned.
FOREIGN POLICY: RISKS, REWARDS, AND RIFTS
Trump’s foreign policy has focused on conflict resolution — but through controversial means.
In the Middle East, his proposal to permanently displace Palestinians from Gaza and assume U.S. control over the territory drew condemnation. “We’ll own it,” Trump said during a White House meeting, pledging to clear unexploded munitions and rebuild infrastructure.
His peace push in Ukraine also made headlines, including a fiery exchange with Ukrainian President Volodymyr Zelenskyy.
“You’re gambling with World War Three,” Trump told Zelenskyy, rebuking Kyiv’s resistance to U.S.-proposed concessions.
Trump’s softened stance toward Russia included backchannel negotiations and a rare mineral deal with Ukraine that bypassed NATO and EU frameworks — exacerbating tensions with allies. His rebuke of NATO countries for "cheating" the U.S. on defense spending soon transitioned into economic action.
TRUMP'S TARIFF OFFENSIVE
A sweeping 20% tariff was imposed on a wide range of imports — from cars to electronics.
“Reciprocal. That means they do it to us, and we do it to them,” Trump said during the signing of a new executive order.
Markets were rattled. China retaliated swiftly, while the UK and Israel negotiated exemptions in return for enhanced cooperation in defense and tech.
DOMESTIC POLICY AND GOVERNANCE
Domestically, Trump responded to pro-Gaza campus protests with mass arrests and crackdowns on elite universities, accusing them of promoting “anti-American ideology.” Federal funding was slashed for non-compliant institutions.
Trump also created the Department of Government Efficiency (DOGE), appointing Elon Musk to lead federal reform efforts. Among its early targets: USAID and foreign assistance programs not directly benefiting American taxpayers.
INTERNAL DIVISIONS AND RESIGNATIONS
While Trump presses forward with his agenda, internal divisions have plagued the White House. Disagreements over trade policy and Ukraine strategy have led to mixed messaging and high-profile resignations, including at the Pentagon.
Former defense officials cited a “lack of coordination” and conflicting directives as reasons for their departure.
OUTLOOK: A DEFINING SECOND TERM
As President Trump marks his first 100 days, his administration remains as polarizing as ever. His rapid-fire policymaking and combative style have shifted U.S. priorities and rattled international alliances.
Whether his bold approach yields long-term gains or global instability remains to be seen — but Trump’s second term is already reshaping the political and geopolitical landscape at breakneck speed.
The Oligarch’s Design is an investigative documentary exploring how financial power, political influence and carefully constructed narratives can shape conflict and public perception.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
Thailand’s caretaker Prime Minister Anutin Charnvirakul said on Saturday that Thai forces would continue military action along the Cambodia border until Bangkok believes there is no longer a threat to Thai territory or civilians.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
EU foreign policy chief Kaja Kallas has warned that without concrete concessions from Russia, such as limiting its military forces or curbing its defence budget, new conflicts could erupt elsewhere, even if Ukraine receives security guarantees.
Multiple people were shot on Saturday at Brown University in Providence, Rhode Island, prompting an active shooter alert and a campus lockdown, city officials said.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
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