ON BOARD AIR FORCE ONE/WASHINGTON: The White House on Monday defended President Joe Biden‘s decision to pardon his son, Hunter, and said the president believed his political opponents would have kept persecuting his son going forward. “They would continue to go after his son,” White House spokesperson Karine Jean-Pierre told reporters on Air Force One … Read more
WASHINGTON: Donald Trump‘s drive to upend the FBI was welcomed by Republican senators although it was not clear on Sunday how strongly members of the incoming majority party would embrace his move to install ally Kash Patel as the next director of the Justice Department’s top investigative arm. Patel, a onetime national security prosecutor who … Read more
West Palm Beach (US): Canadian Prime Minister Justin Trudeau said Saturday he had an “excellent conversation” with Donald Trump at his Mar-a-Lago club after the president-elect’s threat to impose significant tariffs on two of America’s leading trade partners raised alarms in Ottawa and Mexico City. It was unclear, as Trudeau headed back to Canada from … Read more
WEST PALM BEACH: President-elect Donald Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team. Trump on Tuesday announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as … Read more
If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s likely that fewer buyers will choose EVs. Yet tax credits or not, auto companies show no intention of retreating from a steady transition away from gas-burning cars and trucks, especially given the enormous investment they have … Read more
Beijing: US President-elect Donald Trump‘s plan to overhaul the government with a new department headed by tech billionaire Elon Musk and Indian-origin entrepreneur Vivek Ramaswamy will be a biggest threat for China as it has to compete with far more efficient US political system, a policy advisor to the Chinese government said. China’s biggest risk … Read more
Christopher Wood, the global head of equity strategy at Jefferies, has announced his intention to sell his Bitcoin holdings once the price reaches $150,000, which represents a 53% increase from current levels. Currently, Wood has allocated 10% of his global portfolio for a US dollar-denominated pension fund to Bitcoin. As of Friday, Bitcoin (BTC) reached … Read more
A resurfaced video from 2010 showing Donald Trump giving life advice to his then-four-year-old son, Barron, has captured the internet’s attention, offering a glimpse into the family dynamic of the former president long before his time in the White House. The clip, originally from an episode of Larry King Live on CNN, showcases a tender … Read more
Former Democratic Congresswoman Tulsi Gabbard has been chosen by President-elect Donald Trump to be the Director of National Intelligence. This decision has caused worry among national security experts due to her history of echoing Russian government viewpoints, particularly regarding the war in Ukraine. Gabbard has repeatedly blamed the United States and NATO for the conflict, … Read more
BENGALURU/BEIJING: The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, potentially slicing growth in the world’s second-biggest economy by up to 1 percentage point. The poll, the first on China’s economy by Reuters since Donald Trump‘s sweeping election victory on Nov. 5, also … Read more