The value of French pharmaceutical giant Sanofi dropped below the €100 billion mark on Thursday thanks to Donald Trump’s pledge to take on the drug companies. Sanofi and other pharmaceutical companies around the world saw the stock value tumble after Trump used part of his chaotic press conference the day before to say that the US should negotiate better prices from drug companies. According to French financial newspaper Les Echos the value of Sanofi has dropped by a total of 2.7 percent since Trump’s much-talked about press conference on Wednesday. “Since yesterday, at 17:18, when Donald Trump spoke about pharmaceuticals, Sanofi has lost exactly 2.71%, which brought it back below the 100 billion euros threshold that it had so much trouble conquering,” writes Les Echos. The drop resulted in France’s stock exchange the CAC 40 finishing the day only even, when it had been set to make gains. US president-elect Trump said at his press … [Read more...] about Donald Trump sends stocks in French pharma giant tumbling
Democracy Dies in Darkness Sections Home Subscribe Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader Wonkblog Analysis Analysis Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events by Caitlin Dewey by Caitlin Dewey Email the author April 5 at 11:00 AM Email the author Soybeans are loaded into a truck during harvest in Princeton, Illinois. (Photo by Daniel Acker/Bloomberg) Bret Davis voted for Donald Trump in 2016, as did many of his fellow farmers in central Ohio. But as a brewing Chinese trade war begins to threaten U.S. exports, Gordon fears his fifth-generation farm will suffer. The farm, where Davis and his … [Read more...] about They voted for Donald Trump. Now soybean farmers could get slammed by the trade war he started.
A week and a half before the 2016 election, Donald Trump's personal attorney paid a porn star named Stormy Daniels to keep quiet about her alleged relationship with the Republican candidate for president. Today, that arrangement is well on its way to becoming the most talked-about "hush agreement" in history, with potential legal and political implications for the president. Through his spokesman, Mr. Trump has denied having an affair with Stormy Daniels, and his lawyers are now threatening her with financial ruin, saying she has to pay $1 million dollars every time she violates her agreement to stay silent. But that didn't stop her from coming on 60 Minutes. Full Stormy Daniels interview transcript below: Anderson Cooper: For sitting here talking to me today you could be fined a million dollars. I mean, aren't you taking a big risk? Stormy Daniels: I am. Anderson Cooper: I guess I'm not 100% sure on why you're doing this. Stormy Daniels: Because it was very important to me to be … [Read more...] about Stormy Daniels describes her alleged affair with Donald Trump
President Donald Trump gave credit to Mexico for helping break up the illegal immigration “caravan” from Honduras to the United States. “The Caravan is largely broken up thanks to the strong immigration laws of Mexico and their willingness to use them so as not to cause a giant scene at our Border,” he wrote on Twitter on Thursday.Although the caravan has broken up, many of the participants still plan to make their way to the United States. The president spent days focused on the caravan, disturbed that the United States law allowing “catch and release” would allow many of the illegal immigrants crossing the border to stay.On Wednesday, the Department of Homeland Security announced plans to deploy the National Guard to help enforce the border. “Because of the Trump Administrations actions, Border crossings are at a still UNACCEPTABLE 46 year low,” he wrote on Twitter. “Stop drugs!” … [Read more...] about Donald Trump Thanks Mexico for Breaking up Immigration Caravan
A recently unearthed document from Facebook shows that Donald Trump’s team outperformed Hillary Clinton’s in nearly every meaningful metric on its ad network during the 2016 election. Trump has often bragged of hiring the best people — a claim the White House turnover rate would seem to debunk — but this time, Facebook’s own data scientists agree: Trump did have the superior team. Or, maybe it’s the Cambridge Analytica effect. But that’s a story for a different day. First uncovered by Bloomberg, the paper details a heavy-handed approach to Facebook ads by both candidates. Between June and November 2016, Trump spent over $44 million on the social network with Clinton trailing at $28 million. Clinton, it should be said, had such a dominant lead in the polls many assumed the race was all but over. Aside from the differential in ad spend, Trump’s team appeared to be the more sophisticated of the two in how it made use of Facebook’s … [Read more...] about Facebook confirms: Donald trumped Hillary on the social network during 2016 election