The president and president-elect shook hands as part of a long-standing tradition signifying the transfer of power.

And only the little light on the right actually works. The icing on the cake!

Because taking the time to solder really is worth avoiding the trip to "The Shack."

~NSHA

It’s no surprise that the sore winners at Fox News are already working to demonize people that don’t love the Felonious p***y grabber as much as they do. But in this case, they really ought to come up with better material.

Media Matters caught the delusional exchange on Fox & Friends this morning. It started out with cohost Steve Doocy saying “people are all entitled to their opinion” but since Trump just won a four-year term, “just deal with it.”

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President Joe Biden passed the torch to Vice President Kamala Harris because he was concerned about our country under another Trump administration. There is no ill will between the two, and when Biden stumped for Harris, he looked proud. So, it's not unusual for the two to have a private lunch together unless you are Fox News correspondent Peter Doocy. White House press secretary Karine Jean-Pierre wasn't having any of it.

"And we know that today, a week after the election, President Biden and Vice President Harris had a private lunch," Doocy asked. "How awkward was that?"

"I don't even understand," Jean-Pierre said. "Why would it be awkward?"

"Because the president got squeezed out for her, and then she kept him at arm's length, and then she lost, and now she's back," he said.

"Why would you characterize it as awkward?" Jean-Pierre said. "They have regular lunches. They meet and talk regularly. Why would you call it awkward?"

"There's no weirdness about the way that things have unfolded so far," she continued. "Did you see them together yesterday as well, when they honored our veterans and were together during the day, making sure that we didn't forget the brave men and women that fought for this country?"

"Did you see them together yesterday?" she asked. "Did you see the show of force together?"

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Name: Hot Tamales Licorice Bites Brand: Just Born Place Purchased: Target (Glendale) Price: $1.89 Size: 8 ounces Calories per ounce: 113 Type: Licorice/Cinnamon Rating: 8 out of 10

BARBIE AR-15 cause girls just wanna have guns.

BABIES look like this 90% of the time

More noms and treats are over at My Food Looks Funny!

Sit back and enjoy as Dillon floats through the forest.
( Photos: 4, Comments: 2 )

<span class="bold">Sponsored</span>: In the inaugural women’s competition, riders pioneered new lines with innovative tech from Samsung Galaxy.
( Photos: 1 )

And how have they changed over the past few years?
( Photos: 2, Comments: 72 )

Dư luận Chile đã có những phản ứng mạnh mẽ sau vụ việc một cận vệ của Chủ tịch nước Lương Cường bị cáo buộc lạm dụng tình dục trong khi đoàn Việt Nam đang có chuyến thăm chính thức Chile.

1. Watch: Nitish Kumar bows to touch PM’s feet at Bihar event. Here’s how Modi reacted  Moneycontrol
2. Watch: PM Modi's unexpected gesture as Nitish Kumar bows down to touch his feet  The Times of India
3. Nitish Kumar tries to touch PM's feet at Bihar event. Modi does this next  India Today
4. PM Modi lays foundation stone for AIIMS Darbhanga in Bihar, says NDA Govt committed to welfare of people  The Hindu
5. PM Modi states ‘1 lakh medical seats in India’, vows to add ‘75,000 more’, lays foundation stone of AIIMS in Bihar  Mint

Filed under: Skiing, North America, United States

• 16 Easy Ski Vacation Ideas from U.S. Cities
• 50 Ways to Ski in 50 States

Where to Ski In Every State and 16 Ski Vacations Near Big U.S. Cities originally appeared on Gadling on Thu, 05 Dec 2013 11:29:00 EST. Please see our terms for use of feeds.

Donald Trump’s policies risk making the US dollar a source of global instability Expert comment LToremark 13 November 2024

Although Trump favours a weaker exchange rate, his policies are likely to have the opposite effect. The risk is that the US dollar could become too strong, which is bad news for the global economy.

President-elect Donald Trump has a dollar problem. In recent months he has shown a clear preference for a weaker exchange rate to support the competitiveness of US exports and help reduce the US trade deficit. And yet, as the market has sensed since the US election, the much more likely outcome is that his policies end up strengthening the greenback. The risk is that the US dollar – which is expensive already – becomes more obviously overvalued, and this could increase the risk of global financial instability. 

The dollar has been on a rollercoaster ride in the past few decades. From 2002 until 2011, for example, the dollar weakened by around 30 per cent in inflation-adjusted, trade-weighted terms, according to BIS data. Yet in the years since 2011, the dollar has strengthened and is now at a more appreciated level than at any time since 1985.

What shapes this rollercoaster, broadly speaking, is the global balance of economic vitality: when the US economy gains momentum relative to the rest of the world, the dollar tends to strengthen; and vice versa. 

After China joined the WTO in 2001, the balance of economic vitality shifted decisively away from the US, in favour of China and other emerging economies. This was the decade of the commodity boom: the longest, biggest peacetime increase in commodity prices in nearly 200 years during which a sustained surge in China’s economy supported GDP growth across the developing world. The dollar weakened as a result.

But after 2011, a combination of factors – including the eurozone crisis and its aftermath, together with the sagging of the Chinese economy – tipped the balance of economic vitality back in favour of the US. The dollar strengthened once again.

And since both the European and Chinese economies remain very fragile, the balance of economic vitality seems likely to keep favouring the US dollar.

Two more considerations also point to a stronger US dollar under a second Trump administration.

The first is the exchange rate implications of Donald Trump’s proposed tariffs on imports. When the US imposes tariffs on a trading partner, the foreign exchange market tends to sell that trading partner’s currency, forcing it to weaken to offset the dollar-price increase induced by the tariff. This helps explain why the Chinese renminbi depreciated by some 10 per cent in 2018 after Trump began imposing trade restrictions on China in January of that year. 

More widespread tariffs on a whole range of US trading partners should therefore strengthen the dollar more broadly.

A stronger dollar should also result from the macroeconomic framework Trump seems likely to deliver. He will certainly want to extend his 2017 tax cuts beyond 2025 when they are currently due to expire, so a more sustained loosening of US fiscal policy seems likely. Since boosting the US economy will create inflationary pressure, the market will expect interest rates to end up higher than they might otherwise be. The resulting combination of looser fiscal and tighter monetary policy tends to be a stronger currency.

The dollar probably has a fair amount of room to keep going up, since it is not obviously overvalued just yet. The US current account deficit – the broadest measure of a country’s trade deficit, and a rough but useful measure of financial vulnerability – was a little over 3 per cent of GDP last year. 

This is around half the level it reached in 2006, just before the 2008 global financial crisis, meaning the risks arising from an overvalued dollar may be for the latter part of Trump’s second presidency.

A strengthening dollar is also not great news for the rest of the world economy. A strong dollar tends to depress global trade growth, restrict developing countries’ access to international capital markets, and make it more difficult for countries whose currencies will be weakening to keep inflation under control.

If and when the dollar becomes unsustainably expensive, a further problem will present itself: how to deal with an overvalued currency without risking a lot of financial dislocation.

This problem last occurred in early 1985, when the dollar was universally reckoned to be dangerously dear. At that time the US was able to call on trading partners who depended on the US security umbrella – the UK, Germany, France and Japan – to negotiate the ‘Plaza Accord’, which coordinated a series of interventions in the foreign exchange market that allowed the dollar to decline in a measured way.  

It is virtually unimaginable that something similar could be negotiated today, not least because Chinese policymakers believe that the post-Plaza strengthening of the yen in the late 1980s led to an economic disaster for Japan. Beijing will not play ball.

Without much scope for a negotiated decline in the dollar, more chaotic alternatives seem likely. 

One is that the market decides suddenly that it no longer has an appetite for expensive dollar-denominated assets, and this might lead to a messy adjustment in the foreign exchange market. 

Fans and analysts spend the entire offseason speculating where the top free agents could go, but sometimes an under-the-radar pickup can end up making a world of difference. As positional competitions begin to heat up at Spring Training camps this month, MLB.com's beat writers were asked to identify one potentially overlooked acquisition for each of the 30 clubs. Here's who they came up with.

Considering the players that get the big bucks often get most of the attention when they are signed and drafted, let's take some time to look at the other end of the spectrum. Here are the biggest steals on the Top 100 Prospects list.

Fans and analysts spend the entire offseason speculating where the top free agents could go, but sometimes an under-the-radar pickup can end up making a world of difference. As positional competitions begin to heat up at Spring Training camps this month, MLB.com's beat writers were asked to identify one potentially overlooked acquisition for each of the 30 clubs. Here's who they came up with.

It's not rare to see former Major League sons in Major League uniforms, but is it unusual to find four in one clubhouse?

Terminally ill adults in England and Wales who are expected to die within six months would be able to get help to end their lives if their applications were approved by two doctors and a High Court judge, under proposed new legislation.1Labour MP Kim Leadbeater, who proposed the bill, said it provided the “strictest safeguards anywhere in the world.” The law would apply only to people who have full mental capacity and are terminally ill. Mental illness and disability are both excluded as eligibility criteria, and a person would need to declare twice in writing that they wanted to be helped to die.A person who wished to end their life would have to administer the medication themselves. It will remain illegal for a doctor or anybody else to end a person’s life. No doctor will be obliged to participate in any part of the process.The bill would also make it...

Basolateral amygdala (BLA) neurons are engaged by emotionally salient stimuli. An area of increasing interest is how BLA dynamics relate to evolving reward-seeking behavior, especially under situations of uncertainty or ambiguity. Here, we recorded the activity of individual BLA neurons in male rats across the acquisition and extinction of conditioned reward seeking. We assessed ongoing neural dynamics in a task where long reward cue presentations preceded an unpredictable, variably time reward delivery. We found that, with training, BLA neurons discriminated the CS+ and CS– cues with sustained cue-evoked activity that correlated with behavior and terminated only after reward receipt. BLA neurons were bidirectionally modulated, with a majority showing prolonged inhibition during cued reward seeking. Strikingly, population-level analyses revealed that neurons showing cue-evoked inhibitions and those showing excitations similarly represented the CS+ and behavioral state. This sustained population code rapidly extinguished in parallel with conditioned behavior. We next assessed the contribution of the orbitofrontal cortex (OFC), a major reciprocal partner to the BLA. Inactivation of the OFC while simultaneously recording in the BLA revealed a blunting of sustained cue-evoked activity in the BLA that accompanied reduced reward seeking. Optogenetic disruption of BLA activity and OFC terminals in the BLA also reduced reward seeking. Our data indicate that the BLA represents reward-seeking states via sustained, bidirectional cue-driven neural encoding. This code is regulated by cortical input and is important for the maintenance of vigilant reward-seeking behavior.

The church in Russia is facing a new threat-HIV/AIDS. OM Russia works in rehab-centres to show God's love and compassion.

OM Russia had a great kick-off to the STM summer season by serving in a camp for children with disabilities to hear about Christ.

The OM Philippines-Cebu team, in partnership with the local church, touches the lives of young and old through a five-day Bible class.

God is working to transform lives in Mozambique through the efforts of the local OM team.

Limardes Domingo, an OM worker in Mecula, Mozambique, has seen church growth over two years through God's faithful answers to prayer.

No known believers from a Muslim background existed in Turkey when the first two OMers arrived in 1961. Now, nearly half of the 7,000 believers there can trace their journey through the Bible Correspondence Course.

In 2011, The 1881 Project saw each of the 81 provinces of Turkey engaged with the gospel message over an 18-month period.

A persuasive atheist changes his mind when Jesus meets him in a dream.

OM Lifehope coordinates ELCO—English Language and Community Outreach—to equip those considering serving God in missions.

OM Zambia develops women through skills training in sewing, cooking, embroidery and more to bring change to communities.

Foundations for Farming is changing lives in Zambia by reaching out with God's truth and practical training.

Testimony of a Greek woman.

How OM is partnering with Greek churches to address the growing immigrant and trafficking situation

Greece – a land with a glorious past is today faced with many challenges. OM is working with churches, ministering to the Greek and refugees.

OM uses an educational programme called KidsGames to share Bible stories in a public school.

OM worker in the Near East Field has a passion for Muslim women to understand the Word of God.

OM Italy, FCA and church volunteers impact the community of Torre Pellice in northern Italy through the fifth annual English/sports camp in June.

“This publication is a tool to help those who will join Goran in sharing the gospel among Gurbet-speaking Roma, and lays the foundation for future Christian materials.”

Iranians in Serbian refugee camps are turning to Jesus, becoming baptised and sharing their faith—events that one OM leader describes as being straight out of the Book of Acts.

OM strives to give 'church' a whole new meaning in the land of the Finns.

OM's work in Finland began 50 years ago in 1965. Since then, approximately 3,000 Finns have participated in OM’s work.

OM Ecuador recently began a sport clinic and league. The outreach is designed to connect with children in the poor San Francisco district of Guayaquil, Ecuador.