this post was submitted on 12 Apr 2025
187 points (99.0% liked)

Global News

3805 readers
666 users here now

What is global news?

Something that happened or was uncovered recently anywhere in the world. It doesn't have to have global implications. Just has to be informative in some way.


Post guidelines

Title formatPost title should mirror the news source title.
URL formatPost URL should be the original link to the article (even if paywalled) and archived copies left in the body. It allows avoiding duplicate posts when cross-posting.
[Opinion] prefixOpinion (op-ed) articles must use [Opinion] prefix before the title.
Country prefixCountry prefix can be added tothe title with a separator (|, :, etc.) where title is not clear enough from which country the news is coming from.


Rules

1. English onlyTitle and associated content has to be in English.
2. No social media postsAvoid all social media posts. Try searching for a source that has a written article or transcription on the subject.
3. Respectful communicationAll communication has to be respectful of differing opinions, viewpoints, and experiences.
4. InclusivityEveryone is welcome here regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, education, socio-economic status, nationality, personal appearance, race, caste, color, religion, or sexual identity and orientation.
5. Ad hominem attacksAny kind of personal attacks are expressly forbidden. If you can't argue your position without attacking a person's character, you already lost the argument.
6. Off-topic tangentsStay on topic. Keep it relevant.
7. Instance rules may applyIf something is not covered by community rules, but are against lemmy.zip instance rules, they will be enforced.


Companion communities

Icon generated via LLM model | Banner attribution


If someone is interested in moderating this community, message @brikox@lemmy.zip.

founded 2 years ago
MODERATORS
 

Experts say fears about unpredictable policy are creating crisis of confidence in US bonds once seen as ‘risk free’

Archived version: https://archive.is/20250411164504/https://www.theguardian.com/business/2025/apr/11/the-damage-is-done-trumps-tariffs-put-the-dollars-global-reserve-status-at-risk


Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

top 13 comments
sorted by: hot top controversial new old
[–] BigMacHole@lemm.ee 36 points 2 weeks ago (1 children)

This is a SMALL Price to Pay to be able to BULLY Trans and Brown CHILDREN!

-The Majority of America Apparently!

[–] TheSambassador@lemmy.world 1 points 1 week ago

It's an important distinction that the majority of America does not want this, they're just paralyzed for various reasons (many of which are self inflicted, but many of which are due to the greed-fueled erosion of our societal connections).

[–] svc@lemmy.frozeninferno.xyz 32 points 2 weeks ago (1 children)

The damage isn't done yet...

[–] hitmyspot@aussie.zone 31 points 2 weeks ago (2 children)

Yes, but even if Trump was to do an about face to orrow and everything was above board, the damage to the dollar and to America's reputation is long lasting. Trust is hard earned easily broken.

[–] danc4498@lemmy.world 14 points 2 weeks ago (1 children)

The damage isn’t done yet… there is plenty more damage on the way.

[–] hitmyspot@aussie.zone 16 points 2 weeks ago (2 children)

I get that, but even if by some miracle, no more damage occurred, the damage this far, reputationally, is not fixable by a change only.

It looks like china is ready for a trade was in a way that the US is not. China doesn't depend on a USA supply chain and their exports there don't make a huge portion of their GDP. A lot of American goods need china as a supply chain partner. So inflation will be a big problem in the foreseeable future.

America is not just fighting with its competitors, it's fighting with its partners. Without partners, it has limited leverage. If the USA wanted to place sanctions on anyone now, they would struggle. Another war, they won't find allies.

Europe is planning alternative consumer payment options. China wants to end dollar hegemony, as well. BRICS are all on board with that. America will find it hard to throw its weight around with less ability to punish or reward.

[–] bassomitron@lemmy.world 8 points 2 weeks ago

That was Trump's primary directive all along. To tear down the US from being the prime economic/super power. He's just too fucking idiotic and self-absorbed to truly understand that's what he's doing.

[–] Ledericas@lemm.ee 2 points 2 weeks ago

they also cant use world bank, IMF to bully countries now.

[–] TachyonTele@lemm.ee 5 points 2 weeks ago (1 children)

The world has at least four more years of this bullshit.

[–] FistingEnthusiast@lemmynsfw.com 5 points 2 weeks ago (1 children)

I'm hoping that his big mac addiction means under four years, but I'm probably not that lucky

[–] radiohead37@lemmynsfw.com 7 points 2 weeks ago (1 children)

Every time the excitement ends when I remember the next in line is this guy:

[–] FistingEnthusiast@lemmynsfw.com 3 points 2 weeks ago

Indeed

It's an horrific prospect

[–] Drusas@fedia.io 13 points 2 weeks ago

I am so glad to be living among the worst of times.