Trump says the U.S. can grow its way out of $37 trillion in debt. Ray Dalio’s debt-cycle research says not so fast

In a surprising move, President Trump's administration has threatened to federalize 300 members of the Illinois National Guard, prompting Governor J.B. Pritzker to respond with an ultimatum. This situation highlights the growing tensions between state and federal authorities, particularly in a Democratic-led state. The implications of such federal intervention could have significant impacts on local governance and the relationship between state and federal powers, raising concerns about the politicization of the National Guard.

Stellantis, the multinational automaker, is set to invest $10 billion in the United States, according to Bloomberg News. This significant investment is expected to boost the local economy, create jobs, and enhance the company's manufacturing capabilities. Such a move not only reflects Stellantis' commitment to the U.S. market but also signals confidence in the automotive industry's recovery and growth potential.

Trade and legal experts are estimating that there is an 80% chance the Supreme Court will rule against former President Trump's global tariffs. This prediction is significant as it highlights the unpredictability of the justices appointed by Trump, who do not necessarily align with his policies. The outcome could have major implications for international trade and economic relations.

In a controversial move, President Trump plans to deploy National Guard troops in Illinois, prompting Governor JB Pritzker to label the action as 'un-American.' This decision highlights the increasing military presence in Democrat-run cities, raising concerns about civil liberties and the federal government's role in local governance. The implications of this deployment could affect community relations and the political landscape as tensions rise.

Advanced economies, including the US and France, are facing a growing public finance crisis that is likely to create more political drama in financial markets. With no clear resolution to their increasing debts, this situation is significant as it could impact global economic stability and investor confidence.

Stellantis NV is set to invest around $10 billion in the US, a significant move for the company as it aims to revitalize its operations in a market crucial for its profitability. This investment reflects a strategic shift to enhance the performance of its popular Jeep and Ram brands, which are vital to its success. Such a commitment not only signals confidence in the US market but also promises potential job creation and economic growth in the region.

In a recent statement, President Trump urged Hamas to act swiftly in finalizing a hostage deal amid a temporary pause in Israeli airstrikes. This development is significant as it highlights the ongoing tensions in the region and the urgency for a resolution to the conflict, which has seen escalating violence and humanitarian concerns.

Farm bankruptcies are on the rise, with 93 filings in the second quarter, reflecting a troubling trend as low crop prices continue to impact farmers. This surge in bankruptcies, nearly double from last year, highlights the financial struggles within the agricultural sector. The situation has caught the attention of former President Trump, who is considering a bailout of up to $14 billion to support struggling farmers. This development is crucial as it underscores the challenges faced by the farming community and the potential government intervention needed to stabilize the industry.

The U.S. is preparing for its largest coal sales in over ten years, despite a noticeable decline in demand for coal. Experts warn that the economics of energy production will eventually phase coal out of the market, highlighting a significant shift in energy trends. This situation is crucial as it reflects the ongoing transition towards more sustainable energy sources and the challenges faced by traditional fossil fuels.

Israel is shifting to a defensive-only stance in Gaza, coinciding with discussions led by a senior Egyptian official about the potential release of hostages and Palestinian prisoners held in Israeli detention. This development is significant as it may pave the way for a more peaceful resolution to the ongoing conflict, highlighting the importance of diplomatic efforts in addressing humanitarian concerns.

Nicolas Maduro's recent efforts to combat drug trafficking, including a letter to Donald Trump offering assistance in capturing criminals from the Tren de Aragua gang, have not alleviated the pressure from the U.S. administration. Despite sending troops to eliminate guerrilla encampments, these actions highlight the ongoing challenges in Venezuela's drug war and the strained relations with the U.S., which could have broader implications for regional security and international diplomacy.

Pakistan is making a bold move to attract U.S. investment by proposing a new port on the Arabian Sea, which could serve as a strategic mineral gateway near China's borders. This initiative not only aims to enhance economic ties with the U.S. but also positions Pakistan as a key player in regional geopolitics, potentially reshaping trade routes and alliances. The success of this plan could lead to increased foreign investment and bolster Pakistan's economy, making it a significant development in the context of U.S.-China relations.

In a surprising move, President Trump's administration has threatened to federalize 300 members of the Illinois National Guard, prompting Governor J.B. Pritzker to respond with an ultimatum. This situation highlights the growing tensions between state and federal authorities, particularly in a Democratic-led state. The implications of such federal intervention could have significant impacts on local governance and the relationship between state and federal powers, raising concerns about the politicization of the National Guard.

In a recent statement, President Trump urged Hamas to act swiftly in negotiating a hostage deal amid a temporary pause in Israeli airstrikes. This development is significant as it highlights the ongoing tensions in the region and the urgent need for a resolution to the conflict, which has seen escalating violence and humanitarian concerns.

Amazon has slashed the price of a highly-rated smartwatch from $220 to just $20, making it an incredible deal for tech enthusiasts. Customers are praising its long battery life, which exceeds expectations, highlighting its value for money. This price drop not only makes advanced technology more accessible but also encourages consumers to explore smart wearables without breaking the bank.

Russia's stock market closed lower, with the MOEX Russia Index remaining unchanged. This stability amidst a decline indicates a cautious sentiment among investors, reflecting broader economic uncertainties. Understanding these trends is crucial for investors and analysts as they navigate the complexities of the Russian market.

Stellantis, the multinational automaker, is set to invest $10 billion in the United States, according to Bloomberg News. This significant investment is expected to boost the local economy, create jobs, and enhance the company's manufacturing capabilities. Such a move not only reflects Stellantis' commitment to the U.S. market but also signals confidence in the automotive industry's recovery and growth potential.

Trade and legal experts are estimating that there is an 80% chance the Supreme Court will rule against former President Trump's global tariffs. This prediction is significant as it highlights the unpredictability of the justices appointed by Trump, who do not necessarily align with his policies. The outcome could have major implications for international trade and economic relations.