Good morning! It is March 10th and here is your morning news breakdown. This week I will do a paid subscriber live likely Wednesday evening around 8 PM EST. With that, if you want to join either or to just support my work, please consider becoming a paid subscriber today:
Mark Carney has won the race to become Canada’s next Prime Minister, marking a significant shift in the country’s political landscape. In his victory speech, the PM-designate took a firm stance on trade relations with the United States, vowing to maintain tariffs until Canada receives the respect it deserves. He also delivered a sharp critique of those who align with Donald Trump, stating that such individuals would kneel before him rather than stand up to him. Carney painted a bleak picture of the current geopolitical climate, describing these as "dark days" caused by a country Canada can no longer trust.
Tesla saw a sharp decline in its German sales, plummeting 76% in February to just 1,429 cars, following a 60% drop in January, according to Reuters. This downturn comes amid broader struggles in the European market, as recent data also revealed significant year-over-year sales declines in Scandinavia and France during the same period.
U.S. stock futures dropped on Monday after Donald Trump, in a Sunday interview, warned of a "period of transition" for the economy and declined to rule out a recession. Following his remarks, Dow futures fell 478 points (1.2%), while S&P 500 and Nasdaq futures declined by 1.37% and 1.6%, respectively.
Maryland’s state health department has confirmed a new case of measles and is urging caution for those who may have been exposed. Officials warn that anyone who was in the international arrivals area of Washington Dulles International Airport on March 5th between 4 p.m. and 9 p.m. could be at risk.
Senator Marco Rubio announced the cancellation of 83% of USAID programs, terminating 5,200 contracts following a six-week review.
Donald Trump says that intelligence sharing with Ukraine will soon begin again as he is expected to travel to Saudi Arabia to discuss further peace negotiations.
See you this evening.
— Aaron
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