MNI BRIEF: Yuan's Global Payment Share Falls Again In October

MNI: PBOC Net Injects CNY141.9 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1934 Thurs; -0.93% Y/Y

CHINA PBOC CONDUCTS CNY470.1 BLN VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1934 THURS VS 7.1935

MNI China Daily Summary: Wednesday, November 20

MNI: FRANCE NOV MANUF SENTIMENT AT 97

MNI: UK OCT PSNCR GBP11.13 BN

EZ/UK Bond Supply Calendar: Spain, France Auction; UK Tender

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US: Trump Taps Up Former Acting AG Whitaker As NATO Ambassador

US
USEM BulletHomepagemarkets-real-timePolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange BulletsNorth America

US President-elect Donald Trump has nominated former Acting Attorney General Matthew Whitaker to serve as his ambassador to NATO. Whitaker will assume the role during a period of heightened tensions with Russia and uncertainty about the future of the alliance under Trump.

  • Trump said in a statement on Truth Social: "I have full confidence in Matt's ability to represent the United States with Strength, Integrity, and unwavering Dedication. I look forward to working closely with him as we continue to promote PEACE THROUGH STRENGTH, Freedom, and Prosperity around the World."
  • Trump is widely expected to take a hard line on NATO members who fail to deliver on an alliance commitment to spend 2% of GDP on defence. NATO Secretary General Mark Rutte said shortly after Trump's election win: “He is right about this. You will not get there with the 2 percent," signalling an intent to work with Trump.
  • The immediate reaction from the press is that Whitaker's selection is likely designed to "ruffle some feathers at NATO," and follows a recent trend of exec branch nominees, including Matt Gaetz for AG and Tulsi Gabbard for DNI, who have a strong personal relationship with Trump.
  • However, Whitaker may not be as Ukraine-sceptical as some other potential options. He advocated onFox News as recently as March 2022 for the Biden administration to back Kyiv with heavy weaponry in order to defend NATO's eastern flank. 
232 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

US President-elect Donald Trump has nominated former Acting Attorney General Matthew Whitaker to serve as his ambassador to NATO. Whitaker will assume the role during a period of heightened tensions with Russia and uncertainty about the future of the alliance under Trump.

  • Trump said in a statement on Truth Social: "I have full confidence in Matt's ability to represent the United States with Strength, Integrity, and unwavering Dedication. I look forward to working closely with him as we continue to promote PEACE THROUGH STRENGTH, Freedom, and Prosperity around the World."
  • Trump is widely expected to take a hard line on NATO members who fail to deliver on an alliance commitment to spend 2% of GDP on defence. NATO Secretary General Mark Rutte said shortly after Trump's election win: “He is right about this. You will not get there with the 2 percent," signalling an intent to work with Trump.
  • The immediate reaction from the press is that Whitaker's selection is likely designed to "ruffle some feathers at NATO," and follows a recent trend of exec branch nominees, including Matt Gaetz for AG and Tulsi Gabbard for DNI, who have a strong personal relationship with Trump.
  • However, Whitaker may not be as Ukraine-sceptical as some other potential options. He advocated onFox News as recently as March 2022 for the Biden administration to back Kyiv with heavy weaponry in order to defend NATO's eastern flank.