The US Supreme Court has struck down efforts by individual states to disqualify Donald Trump from running for president using an anti-insurrection constitutional clause. Colorado had barred Mr Trump from its Republican primary, arguing he incited the 2021 Capitol riot.

US Supreme Court rules Donald Trump can remain on Colorado primary ballot

Super Tuesday, on March 5, 2024, is when the largest number of states will be holding presidential primaries or caucuses. Over a third of all the available delegates for both the Republican and Democratic nominations are at stake on Super Tuesday.

Super Tuesday race: America's multi-state voting bonanza

US Supreme Court rules on Trump's Colorado ballot ban case

US Supreme Court rules in favour of Trump in Colorado ballot ban case, to remain on ballot

'Dollar shortage' means insufficient reserves of U.S. currency, impeding a country's capacity to effectively engage in global trade activities.

The global financial landscape has seen a shift in recent months, with the dollar shortage gradually easing as the US Federal Reserve slows its interest rate hikes. However, concerns persist as some indicators point to a more nuanced picture.

Shifting tides in the US

In 2022, the Fed aggressively raised interest rates to combat inflation, leading to a surge in US Treasury yields and a subsequent influx of international capital back into the US. This, in turn, triggered a dollar shortage in other countries, impacting global markets.

However, 2023 witnessed a change in stance. As inflation showed signs of abating, the Fed softened its approach, raising rates at a slower pace and hinting at potential cuts in the future. This, coupled with a decline in Treasury yields, has led to a partial easing of the dollar shortage and a subsequent rally in global stocks and bonds.

Mixed foreign investment landscape

While there are signs of shifting sentiment among global investors, claiming a complete resolution to the dollar shortage would be premature. Despite a record high of over $8 trillion in US Treasury holdings by foreign investors in 2023, a closer look reveals that this was primarily driven by falling Treasury rates, not a significant increase in foreign purchases.

Net international capital inflows into the US have decreased year-on-year.

China's decreasing appetite for US debt adds another layer of complexity. While recent months have seen slight increases in Chinese holdings, this is attributed to valuation effects due to declining Treasury rates, not actual investment growth.

However, China's foreign direct investment (FDI) in the US has exhibited a different trend. The fourth quarter of 2023 saw a surge back into surplus territory, dispelling concerns about capital flight. It's crucial to note that interpreting FDI data requires caution due to the different measurement methods employed by China.

While the overall FDI surplus in China has decreased significantly year-on-year, the decline can be attributed mainly to a reduction in reinvestment of profits by foreign enterprises, not necessarily capital withdrawal.

The Bottom Line

The global dollar shortage appears to be easing somewhat, with the US Federal Reserve's changing stance playing a significant role. However, the situation remains fluid, with mixed signals emerging from various indicators, particularly regarding China's financial decisions.

Further observation and analysis are needed to determine the long-term trajectory of the dollar shortage.

'Dollar shortage' means insufficient reserves of U.S. currency, impeding a country's capacity to effectively engage in global trade activities. The global financial landscape has seen a shift in recent months, with the dollar shortage gradually easing as the US Federal Reserve slows its interest rate hikes.

'Dollar shortage' means insufficient reserves of U.S. currency, impeding a country's capacity to effectively engage in global trade activities. The global financial landscape has seen a shift in recent months, with the dollar shortage gradually easing as the US Federal Reserve slows its interest rate hikes. However, concerns persist as some indicators point to a more nuanced picture. Shifting tides in the US In 2022, the Fed aggressively raised interest rates to combat inflation, leading to a surge in US Treasury yields and a subsequent influx of international capital back into the US. This, in turn, triggered a dollar shortage in other countries, impacting global markets. However, 2023 witnessed a change in stance. As inflation showed signs of abating, the Fed softened its approach, raising rates at a slower pace and hinting at potential cuts in the future. This, coupled with a decline in Treasury yields, has led to a partial easing of the dollar shortage and a subsequent rally in global stocks and bonds. Mixed foreign investment landscape While there are signs of shifting sentiment among global investors, claiming a complete resolution to the dollar shortage would be premature. Despite a record high of over $8 trillion in US Treasury holdings by foreign investors in 2023, a closer look reveals that this was primarily driven by falling Treasury rates, not a significant increase in foreign purchases. Net international capital inflows into the US have decreased year-on-year. China's decreasing appetite for US debt adds another layer of complexity. While recent months have seen slight increases in Chinese holdings, this is attributed to valuation effects due to declining Treasury rates, not actual investment growth. However, China's foreign direct investment (FDI) in the US has exhibited a different trend. The fourth quarter of 2023 saw a surge back into surplus territory, dispelling concerns about capital flight. It's crucial to note that interpreting FDI data requires caution due to the different measurement methods employed by China. While the overall FDI surplus in China has decreased significantly year-on-year, the decline can be attributed mainly to a reduction in reinvestment of profits by foreign enterprises, not necessarily capital withdrawal. The Bottom Line The global dollar shortage appears to be easing somewhat, with the US Federal Reserve's changing stance playing a significant role. However, the situation remains fluid, with mixed signals emerging from various indicators, particularly regarding China's financial decisions. Further observation and analysis are needed to determine the long-term trajectory of the dollar shortage.

Global dollar shortage shows signs of easing, but concerns remain

Super Tuesday: 1,439 Democratic delegates, 874 Republican delegates

The FBI is on the hunt for an alleged Iranian assassin identified as Majid Dastjani Farahani. The Iranian spy is accused of plotting to assassinate American officials including the former Secretary of State Mike Pompeo.

FBI hunting for Iranian spy accused of targeting Trump-era officials

FBI hunting for suspected Iranian assassin, spy accused of targeting Trump-era officials

Super Tuesday: 15 states & one territory to vote on one day

The United States accused Russia on Monday of attempting to sow mistrust among Ukraine and its allies by publishing an intercepted online call involving Germany’s air force chief and three subordinates about the war.

US says German military leak is Russian bid to split the West

Germany military leak causes diplomatic firestorm, White House says it is Russian bid to split West

A SpaceX rocket lifted off from Florida night carrying a crew of three U.S. astronauts & a Russian cosmonaut on their way to the ISS. The crew began a six-month science mission in Earth's orbit,

SpaceX launches eighth long-duration crew to ISS, webcast captures spectacular nightime launch

US: SC rules Colorado cannot ban Trump from presidential ballot

US: Donald Trump & Joe Biden sail smoothly | What will happen on Super Tuesday?

Monk-turned-author and lifestyle coach Jay Shetty has come under the scanner for lying about his past and plagiarism. Has he been running a business of lies?

Gravitas | Business of lies: The case against Jay Shetty

As the Israel-Hamas war rages on in Gaza, US Vice-President Kamala Harris has issued America's strongest rebuke to ally Israel and said it was not doing enough to ease the "humanitarian catastrophe" in the city. Meanwhile, ahead&nbsp;of this year’s Eurovision competition, Israel is reconsidering tweaking the lyrics of the song titled "October Rain".&nbsp;In other news, Nikki Haley has trumped&nbsp;Republican frontrunner Donald Trump in the Washington DC GOP primary elections. Finally,&nbsp;OPEC+ member nations have agreed to prolong voluntary oil output cuts into the second quarter of the year.

Click on the headlines to read more

<a href="https://www.wionews.com/world/kamala-harris-issues-us-sharpest-rebuke-yet-calls-out-israel-for-the-catastrophe-says-it-must-do-more-696260">Kamala Harris issues US' sharpest rebuke yet, calls out Israel for the 'catastrophe', says it 'must do more'</a>

<img alt="main img" src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2024/03/04/415947-new-wion.jpg?imwidth=400" />United States Vice President Kamala Harris on Sunday issued the sharpest criticism to date of Israel by a top US official. Calling for an immediate ceasefire, she bluntly called out ally Israel for not doing enough to ease the "humanitarian catastrophe" in Gaza.

<div style="text-align:start; -webkit-text-stroke-width:0px">&nbsp;</div>

<a href="https://www.wionews.com/world/us-elections-2024-nikki-haley-beats-donald-trump-in-washington-dc-gop-primaries-696265">US Elections 2024: Nikki Haley beats Donald Trump in Washington DC primary</a>

<img alt="main img" src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2024/03/04/415950-new-wion-2.jpg?imwidth=400" />

Republican Nikki Haley has notched a major victory against former US president Donald Trump by winning&nbsp;the Washington, DC, primary. While the vote count for the GOP primary is ongoing, Haley is projected to "trump" the Republican front-runner, with more than 60 per cent of the votes already in her favour.&nbsp;

<a href="https://www.wionews.com/business-economy/opec-extends-oil-output-cuts-amid-global-growth-concerns-report-696274">OPEC+ extends oil output cuts amid global growth concerns: Report</a>

<img alt="main img" src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/12/19/400125-c2f4u677grnifeo4j733sisgg4.jpg?imwidth=400" />

In a bid to strengthen the oil market against concerns over global growth and escalating output from non-member countries, OPEC+ members, led by Saudi Arabia and Russia, have agreed to prolong voluntary oil output cuts into the second quarter of the year.

<a href="https://www.wionews.com/entertainment/israel-to-change-lyrics-of-october-rain-for-eurovision-after-being-barred-from-contest-696267">Israel to change lyrics of October Rain for Eurovision after being barred from contest</a>

<img alt="main img" src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2024/03/04/415951-screenshot-wwwgooglecom-20240304-075202.png?imwidth=400" />

Ahead of this year’s Eurovision competition, Israel’s public broadcaster is reconsidering its position on the lyrics of the song that they intend to send for this year. Israel’s public broadcaster will soon be asking those involved with the making of the song to tweak the lyrics of their song titled “October Rain”.&nbsp;

Watch |&nbsp;India Farmers protest: Farmers call for nationwide protests, 'rail roko' on March 10

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/india-farmers-protest-farmers-call-for-nationwide-protests-rail-roko-on-march-10-696280/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

As the Israel-Hamas war rages on in Gaza, US Vice-President Kamala Harris has issued America's strongest rebuke to ally Israel and said it was not doing enough to ease the "humanitarian catastrophe" in the city.

As the Israel-Hamas war rages on in Gaza, US Vice-President Kamala Harris has issued America's strongest rebuke to ally Israel and said it was not doing enough to ease the "humanitarian catastrophe" in the city. Meanwhile, ahead of this year’s Eurovision competition, Israel is reconsidering tweaking the lyrics of the song titled "October Rain". In other news, Nikki Haley has trumped Republican frontrunner Donald Trump in the Washington DC GOP primary elections. Finally, OPEC+ member nations have agreed to prolong voluntary oil output cuts into the second quarter of the year. Click on the headlines to read more Kamala Harris issues US' sharpest rebuke yet, calls out Israel for the 'catastrophe', says it 'must do more' United States Vice President Kamala Harris on Sunday issued the sharpest criticism to date of Israel by a top US official. Calling for an immediate ceasefire, she bluntly called out ally Israel for not doing enough to ease the "humanitarian catastrophe" in Gaza. US Elections 2024: Nikki Haley beats Donald Trump in Washington DC primary Republican Nikki Haley has notched a major victory against former US president Donald Trump by winning the Washington, DC, primary. While the vote count for the GOP primary is ongoing, Haley is projected to "trump" the Republican front-runner, with more than 60 per cent of the votes already in her favour. OPEC+ extends oil output cuts amid global growth concerns: Report In a bid to strengthen the oil market against concerns over global growth and escalating output from non-member countries, OPEC+ members, led by Saudi Arabia and Russia, have agreed to prolong voluntary oil output cuts into the second quarter of the year. Israel to change lyrics of October Rain for Eurovision after being barred from contest Ahead of this year’s Eurovision competition, Israel’s public broadcaster is reconsidering its position on the lyrics of the song that they intend to send for this year. Israel’s public broadcaster will soon be asking those involved with the making of the song to tweak the lyrics of their song titled “October Rain”. Watch | India Farmers protest: Farmers call for nationwide protests, 'rail roko' on March 10

Morning news brief: Kamala Harris rebukes Israel, Nikki Haley defeats Trump in Washington DC, and more

Strong blizzard conditions have battered the state of California in the US heavy snow has been dumped on the mountain ridges in the valleys.

Powerful blizzard batters California

In the US presidential race, it is the US Supreme Court that is taking the central stage now the presidential bid of the former President. Donald Trump is now in the hands of nine Supreme Court judges.

US: Donald Trump hopes for fair judgement in Colorado case

In a sign of the high court’s awareness of the election calendar, the justices took the unusual step of announcing the opinion on the Supreme Court’s website on a day when the court is not in session, instead of issuing it from the bench later this month.

Breaking: US Supreme Court rules in favour of Donald Trump in the Colorado ban case

In recent news, Instagram has found itself under U.S. legal scrutiny for its impact on children's health. Meanwhile, X users will soon be able to engage in both video and audio calls. The past week witnessed a flurry of captivating technological advancements, we've curated the top tech highlights from the past week in our tech wrap.

X boosts convenience with audio & video calls, available to all users on both android & iOS

Super Tuesday is going to see millions of Americans vote across15 states & one territory. Ananya Dutta tells you everything you need to know and why it will be crucial for Joe Biden & Donald Trump.

Power Explainer: What is Super Tuesday?

A SpaceX rocket lifted off from Florida night carrying a crew of three U.S. astronauts & a Russian cosmonaut on their way to the ISS. The crew began a six-month science mission in Earth's orbit.

SpaceX launches its eighth long-duration crew to the International Space Station

US military cargo planes have air-dropped food into Gaza, in the first of series of aid drops as aid agencies criticise Israel for blocking access to the besieged and bombarded strip.

Israel war: US' first airdop in Gaza, aid agencies allege airdrops not enough for Gazans

South Korean and US militaries kicked off their spring drills on Monday (March 4) with twice the number of troops joining compared to last year, officials said, as the allies seek to better counter North Korea's increasing nuclear and missile threats.

South Korea and US begin large annual military drills as Pyongyang's rising nuclear threats

Former US President Donald Trump mistakenly referred to Barack Obama as Joe Biden in a recent rally in Virginia, sparking concerns about the age and mental acuity of the likely Republican presidential nominee.

US: Donald Trump mixes up President Biden and President Obama

For the second time&nbsp;this year, former United States president and Republican frontrunner Donald Trump confused President Joe Biden for his predecessor Barack Obama. This time around the gaffe happened during a rally in the US state of Virginia over the weekend.&nbsp;

<h2>Obama or Biden?</h2>

Addressing a rally in Virginia over the weekend, the former president confused Biden who once served as the vice president in the Obama administration and said how the Russian president has “so little respect for Obama” that he is threatening nuclear war.&nbsp;

“And (Russian President Vladimir) Putin…has so little respect for Obama that he is starting to throw around the nuclear word. You heard that. Nuclear. He’s starting to talk nuclear weapons today. And I was waiting for that to happen,” said Trump, presumably talking about Biden.&nbsp;

He added, “We have a fool…as a president.” The video also shows that the crowd previously heard cheering and clapping went silent after the former president’s gaffe.&nbsp;

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A tired looking, sweaty, and confused Donald Trump once again confuses President Obama with President Biden. <a href="https://t.co/6OGN5q5GdE">pic.twitter.com/6OGN5q5GdE</a>
— Mike Sington (@MikeSington) <a href="https://twitter.com/MikeSington/status/1764273621479166426?ref_src=twsrc%5Etfw">March 3, 2024</a></blockquote>
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It is also worth noting&nbsp;that the goof-up took place days after Trump called on Biden to take a cognitive test slamming the Democrat for what he called “terrible decisions”. He also boasted about how he has “aced” such a test twice himself.&nbsp;

“Crooked Joe Biden must take a Cognitive Test. Maybe that way we would be able to find out why he makes such terrible decisions,” Trump said in a post on his social media platform Truth Social, on Thursday (Feb 29).&nbsp;

He added, “All Presidents, or people wanting to become President, should mandatorily take this test!”&nbsp;

Also Read |&nbsp;<a href="https://www.wionews.com/world/biden-refers-xi-jinping-as-head-of-russia-in-yet-another-goof-up-693736">Biden refers to Xi Jinping as ‘head of Russia’ in yet another goof-up</a> 
 
According to a report by Forbes, this was the <a href="https://www.wionews.com/world/donald-trump-says-when-he-mixes-up-names-it-is-on-purpose-690619">eighth time</a> that Trump seemingly confused Biden and Obama in less than a year starting in September.&nbsp;

Trump’s gaffe also came a day after Biden, twice, confused Ukraine and Gaza while announcing that the US would airdrop humanitarian aid to Palestinians in the besieged enclave.&nbsp;

<h2>American voters concerned about Biden’s age</h2>

As the US gears up for the presidential election in November, likely to be a rematch between Trump and Biden, polls have shown that most voters have expressed concerns about the incumbent president’s age.&nbsp;

Also Read |&nbsp;<a href="https://www.wionews.com/world/republican-ken-buck-calls-on-kamala-harris-to-oust-biden-for-being-too-old-incapable-694533">Republican Ken Buck calls on Kamala Harris to oust Biden for being ‘too old', ‘incapable’</a>

At 81, Biden is the oldest president in US history and would be 86 by the end of a second term, if he wins. However, Trump, who is around three and a half years younger than his successor, was also the oldest president in American history by the end of his term.&nbsp;

(With inputs from agencies) 
&nbsp;

For the second time this year, former United States president and Republican frontrunner Donald Trump confused President Joe Biden for his predecessor Barack Obama.

For the second time this year, former United States president and Republican frontrunner Donald Trump confused President Joe Biden for his predecessor Barack Obama. This time around the gaffe happened during a rally in the US state of Virginia over the weekend. Obama or Biden? Addressing a rally in Virginia over the weekend, the former president confused Biden who once served as the vice president in the Obama administration and said how the Russian president has “so little respect for Obama” that he is threatening nuclear war. “And (Russian President Vladimir) Putin…has so little respect for Obama that he is starting to throw around the nuclear word. You heard that. Nuclear. He’s starting to talk nuclear weapons today. And I was waiting for that to happen,” said Trump, presumably talking about Biden. He added, “We have a fool…as a president.” The video also shows that the crowd previously heard cheering and clapping went silent after the former president’s gaffe. A tired looking, sweaty, and confused Donald Trump once again confuses President Obama with President Biden. pic.twitter.com/6OGN5q5GdE — Mike Sington (@MikeSington) March 3, 2024 × It is also worth noting that the goof-up took place days after Trump called on Biden to take a cognitive test slamming the Democrat for what he called “terrible decisions”. He also boasted about how he has “aced” such a test twice himself. “Crooked Joe Biden must take a Cognitive Test. Maybe that way we would be able to find out why he makes such terrible decisions,” Trump said in a post on his social media platform Truth Social, on Thursday (Feb 29). He added, “All Presidents, or people wanting to become President, should mandatorily take this test!” Also Read | Biden refers to Xi Jinping as ‘head of Russia’ in yet another goof-up According to a report by Forbes, this was the eighth time that Trump seemingly confused Biden and Obama in less than a year starting in September. Trump’s gaffe also came a day after Biden, twice, confused Ukraine and Gaza while announcing that the US would airdrop humanitarian aid to Palestinians in the besieged enclave. American voters concerned about Biden’s age As the US gears up for the presidential election in November, likely to be a rematch between Trump and Biden, polls have shown that most voters have expressed concerns about the incumbent president’s age. Also Read | Republican Ken Buck calls on Kamala Harris to oust Biden for being ‘too old', ‘incapable’ At 81, Biden is the oldest president in US history and would be 86 by the end of a second term, if he wins. However, Trump, who is around three and a half years younger than his successor, was also the oldest president in American history by the end of his term. (With inputs from agencies)

WATCH | Donald Trump confuses Joe Biden and Barack Obama again during rally speech in Virginia

South Korea and US begin large annual military drills

South Korean and U.S. militaries kicked off their spring drills on Monday (March 4) with twice the number of troops joining compared to last year, officials said, as the allies seek to better counter North Korea's increasing nuclear and missile threats.

Escalation tensions in Korean peninsula: South Korea, US begin large military drills

A high court might rule on Trump vs Anderson, the case brought by the former president after he was struck from Colorado's ballot in November, a decision that was upheld by the state's supreme court.

US court might rule on Donald Trump's Colorado Supreme Court Case

Tensions in Korean peninsula: South Korea, US troops kick off annual drills

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US Supreme Court rules Donald Trump can remain on Colorado primary ballot

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