Trump’s attacks push India, Brazil, South Africa closer together

The G20 summit in South Africa concluded with President Cyril Ramaphosa emphasizing a renewed commitment to multilateral cooperation, despite the absence of the United States due to a boycott initiated by former President Donald Trump. The summit aimed to address global challenges and foster collaboration among the world's largest economies.

The Trump White House is preparing a fallback plan regarding tariffs as a court ruling approaches, with both the Commerce Department and the Office of the US Trade Representative evaluating alternative strategies. This preparation indicates a proactive approach to potential legal challenges that could impact trade policies.

French winemakers are facing a severe crisis as they prepare for a meeting with the agriculture minister, citing a significant sales slump, the impact of Trump tariffs, and the worst harvest in 70 years. Vineyard owners report that these unprecedented challenges have left many on the brink of closure.

Former President Donald Trump criticized insurers involved in Obamacare, labeling them as 'fat and rich,' while investors perceive these companies as vulnerable amidst shifting Republican policies. This commentary reflects ongoing tensions regarding healthcare funding and the future of the Affordable Care Act.

Carlyle Group Inc. is launching a new India side fund with a target of $300 million, aimed at capitalizing on investment opportunities across various sectors, including technology and health care. This initiative will operate alongside the firm’s sixth pan-Asia investment vehicle, reflecting a strategic focus on the Indian market.

An analysis of 5,000 calls reveals that CEOs perceive the impact of President Trump's tariffs as less severe than initially anticipated, despite ongoing concerns about trade policies. This suggests a level of adaptability among executives in navigating the challenges posed by tariffs.

The G20 summit held in South Africa successfully adopted a declaration despite a boycott from the United States, highlighting ongoing tensions within the group. The declaration addresses critical global economic issues and includes references to climate change, which contradicts the US's recent stance on climate science.

President Trump's net worth has decreased by $1.1 billion, dropping to a record low of $7.3 billion as of September, according to Forbes. This decline reflects the ongoing economic challenges faced by the former president amid fluctuating market conditions.