Also in the news: Mexico’s bourse isn’t doing badly
Other stories at home and abroad worth noting this morning:
- Donald Trump has establishment Washington, the mainstream press up and the alt-right up in arms. The US president-elect earned the ire of his right-wing supporters when he backed away from a promise to “lock up” rival Hillary Clinton for her use of a personal email server, saying he doesn’t want to cause the Clintons “pain” and wants Hillary to have time to “heal” after having lost the election. Nobody in the US appears to be cheering his decision to “keep an open mind” about whether to withdraw the US from last year’s Paris climate change treaty, It goes on. The best place to start: Trump’s interview yesterday with the New York Times, which reporters live-tweeted.
- A record collapse of the Turkish lira is “causing headache for Turkey’s central bank,” the FT notes. Meanwhile, Erdoland has withdrawn a bill that would have allowed men guilty of statutory [redacted] with underage girls to avoid jail time by marrying their victims, the BBC reports.
- We’re delighted to report that our friends in Mexico aren’t doing so badly despite the rise of Mr. Trump. The Financial Times has a nice overview here, noting that while Mexico’s IPC is down more than 7% since Trump’s election, it’s still beating the CAC and DAX on a YTD basis.