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DEEP PRESS ANALYSIS · DAILY GLOBAL PRESS BRIEFING
Deep Press Analysis
DAILY REVIEW OF GLOBAL PRESS
2 DECEMBER 2025
Daily digest of Western and global press: economy, markets, the US, Europe, Russia, China, wars, sanctions, oil, gas, technology and long-term trends.
Focus: markets, geopolitics, institutional crisis, long-term trends

NEW YORK POST

Migration, city politics, cost of living and the labor market in New York City.
1
Feds: Tish James protecting 7,000 migrant thugs loose in NY
Federal officials demand that New York Attorney General Tish James hand over 7,100 undocumented migrants with criminal records for deportation, accusing local “sanctuary” rules of shielding offenders from ICE. The pressure undermines Democratic institutions in the state, gives Republicans a convenient target to attack migration policy, and risks intensifying social tensions and legal conflict between state and federal authorities. Over time, similar clashes could trigger federal immigration reforms that curb states’ autonomy.
2
NY energy law green slimed
New York’s 2019 climate law helped push electricity prices up by 36%, while the state is still lagging on renewable targets and delaying the ban on gas stoves. Politicians, including Governor Hochul, are slowing implementation because of costs — a move that benefits utilities, but erodes trust in the green agenda. This signals a shift toward pragmatic energy policy, where economic reality can blunt the most ambitious climate goals in the US.
3
‘home’ prices? aaaaGh! ‘Alone’ spree today
Thirty-three years of inflation have more than tripled the cost of the Plaza Hotel experience from “Home Alone 2” — from about $2,100 to over $8,500 — against the backdrop of rising unemployment and stagnant incomes. This illustrates the erosion of middle-class purchasing power and the shift in consumption toward the luxury segment. In the long run, the gap deepens inequality and reshapes holiday spending patterns.
4
They can’t ‘afford’ it
Owners of affordable housing in New York say they need $1 billion in new funding to avoid defaults amid rising costs and a rent freeze under the new administration. Non-profits lobbying for subsidies stand to gain, but there is a clear risk of deteriorating housing quality and shrinking supply. Over time, this dynamic can trigger another housing crisis and push residents to cheaper regions.
5
‘Zo’-ing on strike
Mayor-elect Zohran Mamdani backed a Starbucks workers’ strike in Brooklyn, tying it to a broader agenda of fair labor and affordability, after the company paid $39 million to settle claims over scheduling abuses. This strengthens unions and left-wing politicians, while raising regulatory and operating risks for large retail chains. The trend points to a gradual shift in bargaining power toward organized labor in major US cities.

THE WALL STREET JOURNAL

Global economy, geopolitics, security and consumer behavior.
1
Russia Dangles Business Ties To U.S. at Europe’s Expense
Russia is offering the US a package of economic ties — including access to frozen assets and joint projects in the Arctic — as part of an attempt to end the war in Ukraine and bypass European competitors. For American business, this means fresh opportunities but also the risk of weakening the transatlantic alliance and boosting Moscow’s leverage in Europe. The bargaining format points to a shift from “values-based” geopolitics to a much more transactional, pragmatic one.
2
U.S. and Ukraine Discuss Thorny Issues
Washington and Kyiv are quietly discussing elections, potential territorial compromises and future security guarantees, while in parallel building channels of communication with Moscow. The talks enhance America’s diplomatic profile, but they also create risks for Ukraine’s sovereignty and tension with some NATO allies. The trajectory is shifting from unlimited support toward a managed, negotiated endgame.
3
Retailers Feel a Chill From Gen Z Shoppers
Generation Z is cutting back on holiday spending under pressure from high housing costs and student debt, hitting traditional retailers and premium brands. Discounters and online platforms with flexible pricing and “buy now, pay later” schemes are the relative winners. In the long run this pushes consumption toward pragmatism and undermines business models built on emotional, in-store “shopping experiences.”
4
Drug War Bolsters Defense Startups
Trump’s version of the “war on drugs” is a boon for defense and AI startups supplying drones and analytic systems for operations against Venezuela and Mexico, as the Pentagon budget grows by another $165 billion. Tech companies diversifying away from China gain new demand, but escalation risks and human-rights accusations rise as well. Strategically this shifts more US defense spending and attention toward the Western Hemisphere.
5
U.S. Faces Shortage of Commercial Sailors
The US is facing a shortage of sailors for its commercial fleet, even with pay packages above $200,000 a year, creating vulnerabilities for logistics and national security. Shipping firms are being pushed to raise wages and consider hiring more foreign crews — a solution that may become a weakness in a crisis. The issue fits into a broader demographic and education puzzle on the labor market, pointing to the need for long-term reform in training and recruitment.