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Nelson de Sá: Warning signs in the elections, against Biden, ‘are blinking’

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In the New York Times call for elections three weeks from now, Joe Biden promises that rescuing abortion rights “will be a priority if you expand your majority” in the House and Senate.

In the report, however, the newspaper adds prominently that “it is not clear whether this issue is resonating with voters.”

The same NYT had headlined, the day before, its own poll showing that “voters care about the economy” and, thus, “Republicans gain the upper hand”.

What’s more, with the photo above, “independents, especially women, are leaning toward the GOP despite the Democrats’ focus on abortion rights.”

A month earlier, the paper had already published the analysis “Yes, the warning signs in polls are flashing again”, warning of mounting trouble for Democrats.

And coverage of the economy continues to pile up bad news. Bloomberg, using its own financial forecasting tool, opened the week with the headline “Recession forecast hits 100%, blows Biden”, which has been saying the opposite “before midterm elections”.

SUMMERS VS. KRUGMAN

At the same time, the democratic economist Lawrence Summers stated, on social media, that he does not see how to reduce US inflation without imposing “a significant recession” – in a new public confrontation with economist Paul Krugman, also a Democrat, who again hinted at transitory inflation in his column.

THE DOLLAR AND HUNGER RISE

The rise in interest rates by the American central bank, to contain inflation, soared the currency and now the “dollar in the heights leaves food piled up in ports as world hunger grows”, points out Bloomberg, listing Ghana, Pakistan and other countries more exposed. “They can’t afford the commodities, they can’t afford it.”

And on Bloomberg TV, investor “Mark Mobius warns US interest rates will hit 9%” next year if inflation persists. But he has preferred to invest in emerging markets such as India, Brazil and Turkey.

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