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REG

Trump Says Europe Risks Being Wiped Away Unless Societies Change

The Trump administration said that European civilization is at risk of “erasure” as a result of decades of economic decline, political censorship and immigration.

The Trump administration said that European civilization is at risk of “erasure” as a result of decades of economic decline, political censorship and immigration.
Bloomberg Politics • Dec 5, 1:03 PM
REG

Trump Says Europe Risks Being Wiped Away Unless It Changes

The White House said Europe risks “civilizational erasure” as a result of decades of economic decline, political censorship and immigration, according to an annual national security update that amounts to another sharp Trump administration broadside against the continent.

The White House said Europe risks “civilizational erasure” as a result of decades of economic decline, political censorship and immigration, according to an annual national security update that amounts to another sharp Trump administration broadside against the continent.
Bloomberg Politics • Dec 5, 1:03 PM
REG

Trump’s New Security Strategy Rages at Allies Instead of US Foes

The fracture between the US and Europe in a relationship that has defined global politics since the second World War was crystallized in a White House national security release, which also lambasted Europe along economic and cultural lines.

The fracture between the US and Europe in a relationship that has defined global politics since the second World War was crystallized in a White House national security release, which also lambasted Europe along economic and cultural lines.
Bloomberg Politics • Dec 5, 1:03 PM
CAP

Newsom Sparks Rebellion in Bay Area Town Over Gasoline Imports

A small city perched on San Francisco Bay poses a big obstacle to California Governor Gavin Newsom’s plans to prevent gasoline price spikes in a state that already pays more at the pump than any other.

A small city perched on San Francisco Bay poses a big obstacle to California Governor Gavin Newsom’s plans to prevent gasoline price spikes in a state that already pays more at the pump than any other.
Bloomberg Markets • Dec 5, 1:00 PM
CAP

IMF Notes Bondholder Worries on Senegal Debt Amid Funding Talks

The International Monetary Fund is aware of bondholders’ concerns that Senegal may have to restructure its debt, the lender said this week after the latest round of talks with the West African country.

The International Monetary Fund is aware of bondholders’ concerns that Senegal may have to restructure its debt, the lender said this week after the latest round of talks with the West African country.
Bloomberg Markets • Dec 5, 12:57 PM
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French Premier Lecornu Gets Win as Lawmakers Back Budget Measure

France’s National Assembly adopted the revenue part of the 2026 social security budget, easing doubts over Prime Minister Sebastien Lecornu’s attempts to build compromise and stave off renewed political upheaval.

France’s National Assembly adopted the revenue part of the 2026 social security budget, easing doubts over Prime Minister Sebastien Lecornu’s attempts to build compromise and stave off renewed political upheaval.
Bloomberg Politics • Dec 5, 12:47 PM
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Argentina to Sell Local Law Bond in Dollars Amid Milei Momentum

Argentina announced it will sell a local law bond in dollars, seizing on positive momentum after President Javier Milei’s resounding win in October’s congressional midterms.

Argentina announced it will sell a local law bond in dollars, seizing on positive momentum after President Javier Milei’s resounding win in October’s congressional midterms.
Bloomberg Politics • Dec 5, 12:44 PM
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Argentina to Sell Local Bond in Dollars Amid Milei Momentum

Argentina announced it will sell a local law bond in dollars, seizing on positive momentum after President Javier Milei’s resounding win in October’s midterms as it readies a comeback to global debt markets.

Argentina announced it will sell a local law bond in dollars, seizing on positive momentum after President Javier Milei’s resounding win in October’s midterms as it readies a comeback to global debt markets.
Bloomberg Politics • Dec 5, 12:44 PM
MA

Old Republic International Corporation to Acquire Everett Cash Mutual Insurance Co. in Strategic Stock Conversion Deal

Old Republic International Corporation (NYSE: ORI) is set to acquire Everett Cash Mutual Insurance Co. (ECM) through a stock purchase agreement following a planned conversion from a mutual to a stock insurance company. The transaction, valued at approximately $207 million, will allow ECM to leverage Old Republic's resources while offering policyholders discounted shares of Old Republic's common stock.

In a significant move within the insurance sector, Old Republic International Corporation (Old Republic) is poised to acquire Everett Cash Mutual Insurance Co. (ECM) as part of a strategic stock conversion deal. This transaction involves ECM converting from a Pennsylvania mutual insurance company to a stock insurance company, which will be executed under a Plan of Conversion approved by ECM's board of directors. The deal, which is primarily structured through a Stock Purchase Agreement dated...
USFM • Dec 5, 12:40 PM