Trump announces first appointment

Plus, China unveils $1.4 trillion local debt package.

Sign up for Reuters newsletters  Daily Briefing Daily Briefing By Kate Turton Trump picks Susie Wiles as his White House chief of staff, Elon Musk's Mars dream could get a boost from Trump's victory, and Israel will collect soccer fans from Amsterdam after apparent antisemitic attacks. Plus, our oddest photos of the week. Today's Top News   Trump shakes hands with his senior advisor Susie Wiles, Palm Beach County Convention Center, Florida. November 6, 2024. REUTERS/Carlos Barria US news President-elect Donald Trump announced that Susie Wiles, one of his two campaign managers, will be his White House chief of staff, entrusting a top position to a political operative who helped the Republican win the presidency. Trump's victory has sent shockwaves through Black American communities. Listen to Bianca Flowers on the Reuters World News podcast as she digs into how they're taking stock of his win, as well as their fears and plans for Trump's second term. President Joe Biden urged Americans to "bring down the temperature" and sought to console fellow Democrats who were alarmed by the former president's stunning comeback. Many despondent Americans are researching moving abroad following the results. Over 10,000 people were ordered to evacuate from a wildfire northwest of Los Angeles as fierce seasonal winds blew flames into ranches and neighborhoods, destroying dozens of homes. In other news The world was hit by so many floods and landslides in 2024 that it triggered the aid sector's first multi-disaster insurance pay-out, the Red Cross told Reuters, signaling both the scale of the problem and the need for new financing solutions. Germany's main opposition leader Friedrich Merz criticized Chancellor Olaf Scholz as "irresponsible" for delaying early elections, as an opinion poll also showed voters in favor of an early vote to pull the country out of political crisis. The UN Human Rights Office said nearly 70% of the fatalities it has verified in the Gaza war were women and children and condemned what it called a systematic violation of the fundamental principles of international humanitarian law. Follow the latest news from the Middle East. Israel sent two planes to bring back fans of an Israeli soccer team from the Netherlands after overnight attacks in the streets that officials described as antisemitic. After Donald Trump first stormed the White House eight years ago, rattled Chinese leaders responded to his tariffs and fiery rhetoric with force, resulting in a trade war. Here's how Beijing has been preparing for Trump's return. Business & Markets   Investors hoping for a "Goldilocks" moment for emerging markets in 2025 following years of global interest rate hikes are grappling with significant uncertainty ahead of Donald Trump's impending return to the White House. The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as its policymakers began taking stock of what could become a more complex economic landscape. China kicked off a fresh round of fiscal support for its sputtering economy with a package that eases debt repayment strains for local governments, with Finance Minister Lan Foan signaling further stimulus in the pipeline. World food prices rose in October to an 18-month high as vegetable oils led increases seen in most food staples, United Nations' data showed. Elon Musk's dream of transporting humans to Mars will become a bigger national priority under the Trump administration, sources said, signaling big changes for NASA's moon program and a boost for Musk's SpaceX. Boeing CEO Kelly Ortberg said that employees furloughed during a seven-week strike by factory workers would be repaid by the company for lost wages, but it would proceed with plans to cut about 10% of its global workforce. The Week Ahead Investors will continue to assess the global implications of Donald Trump's return to power. Policymakers and climate activists head to Azerbaijan's capital Baku from Nov. 11 for the 29th annual United Nations Climate Summit, known as COP29. Here's a look at the week-ahead for markets. Harris' abortion focus fell short, dashing hopes of a federal right   Harris speaks at an abortion rights rally at Howard University in Washington. April 25, 2023. REUTERS/Julia Nikhinson A vital part of Democrat Kamala Harris' presidential campaign was tapping into the groundswell of women's anger and political activism unleashed by the US Supreme Court's 2022 decision overturning the federal right to an abortion. The issue failed to drive the turnout the vice president needed, as other topics proved more salient. Just 14% of voters cited abortion as their top issue in the White House race, while 32% cited the economy, an Edison Research exit poll showed. Read more And Finally... A person dressed up as a rabbit exits the subway to attend the Zombie Walk, to mark the Day of the Death in Sao Paulo, Brazil, November 2. REUTERS/Maira Erlich Our gallery of odd and unusual images from around the world this week. View gallery Sponsors are not involved in the creation of newsletters or other Reuters news content. Advertise in this newsletter or on Reuters.com Reuters Daily Briefing is sent 5 days a week. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here. Want to stop receiving this email? Unsubscribe here. To manage which newsletters you're signed up for, click here. Terms & Conditions and Privacy Statement © 2024 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036