presidential election

President-elect Donald Trump says that millions of illegal voters cast their ballots for Hillary Clinton in the US presidential election, costing him the popular vote. Donald Trump tweeted on Sunday that not only had he won the electoral vote but he also allegedly won the popular vote, if not for his rival Hillary Clinton receiving millions of “illegal” votes. Fox5 reports: The tweets, made from Trump’s official account on Sunday, appear to be in response to efforts led by Green Party candidate Jill Stein to recount votes in Wisconsin, Michigan and Pennsylvania.

Authored by Anatole Kaletsky, originally posted at Project Syndicate,

 For those of us who were wrong about the United States’ presidential election, it is worth suppressing emotional reactions, at least for a month or two, and attempting a dispassionate judgment about what Donald Trump’s administration may mean for the world. So here are ten likely consequences of the Trump presidency, divided equally between the good and the bad.

The Daily Bell 

US Domestic Tumult – Orchestrated or Not?

• No, Russian Agents Are Not Behind Every Piece of Fake News You See  … Making everyone who shares fake news part of a Russian conspiracy is not helpful. One of the themes that has emerged during the controversy over “fake news” and its role in the election of Donald Trump is the idea that Russian agents of various kinds helped hack the process by fueling this barrage of false news. But is that really true?  – Fortune

• Trump Alleges That ‘Millions of People’ Voted Illegally (WSJ)
• Oil slip sends dollar, bond yields skidding (Reuters)
• Italian Lenders Slide on Vote Worries to Drag Down Europe Stocks (BBG)
• OPEC makes last-ditch bid to save oil deal as tensions grow (Reuters)
• How Iran, Russia Could Derail Oil-Production Deal (WSJ)
• Tug of War Delays Some of Trump’s Key Appointments (WSJ)
• French conservatives back Fillon for president, left flounders (Reuters)
• How to Kill the Volcker Rule? Don’t Enforce It (WSJ)

European shares dipped and U.S. equity-index futures (-0.3%) pointed to a lower open as traders questioned the stability of the Italian banking sector ahead of next weekend's referendum as well as the longevity of the Trumpflation rally, pressuring the dollar, sending the USDJPY sliding as low as 111.355 overnight, before rebounding over 112. That was the dollar's biggest fall against its Japanese rival since October 7 and against a basket of top world currencies it was the greenback's worst day since November.