ECB Will Soon Reach Rate Peak at ‘High Plateau,’ Villeroy Says
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2023-07-09 16:52
Britain’s Interest Rates Are Spiraling Into a National Obsession
On the same day that UK interest-rate expectations hit the highest since 1998, Bank of England Governor Andrew
2023-07-09 15:18
Israel Says Iran-Backed Militia Is Setting Up Illegal Outposts
Israel says Hezbollah, an Iranian-backed militia in southern Lebanon, has set up more than two dozen military outposts
2023-07-09 13:45
China’s Flood of Plastic, Yellen Departs: Sunday Asia Briefing
US Treasury Secretary Janet Yellen completed her task in Beijing today, potentially adding a small measure of relief
2023-07-09 12:46
How warming oceans are driving the climate juggernaut
Experts are predicting that the developing El Niño is likely to make 2023 the world's hottest year.
2023-07-09 08:24
Trump news - live: Trump teases primary debate participation as Iowa Republicans set 2024 caucus date
Donald Trump has teased that he might choose to participate in the 2024 Republican primary debates despite having previously asked why he should bother with such a commanding lead. The former president posted on Truth Social: “Steve Cortes, the Ron DeSanctimonious top political strategist, thinks that Ron should get out NOW, while the getting is still good. He also said … Trump is the best Presidential debater ever, and can’t be beaten at the debate game.” He added: “Well, based on that, maybe I should enter the debates - But, then again, when you have a 40 to 50 point lead over the field, maybe I shouldn’t???” Mr Trump posted other attacks on Florida Governor Ron DeSantis on Saturday as he headed from Iowa to campaign in Las Vegas, Nevada. Meanwhile, the Iowa Republican Party set the date for the state’s first-in-the-nation caucus, voting unanimously for 15 January 2024, one of the earliest days it has taken place in years. It also happens to be the Martin Luther King Day federal holiday, which could add to calls for the general election day each November to become a holiday to encourage voting. Read More Gavin Newsom urges DoJ to investigate Florida over ‘unconscionable’ transportation of migrants Special Counsel Jack Smith's investigations involving Trump have cost more than $9 million Ethics board recommends Rudy Giuliani be disbarred for ‘destructive’ attempts to undermine 2020 results The Freedom Caucus booting Marjorie Taylor Greene looks worse for them than it does for her Chris Christie says Trump took secret documents so he could keep pretending he was president
2023-07-09 05:54
Amazon Countries Need More Power in Climate Debate, Lula Says
Countries that border the Amazon rainforest need to have a bigger voice in the international climate debate and
2023-07-09 05:28
Mitsotakis Wins Parliamentary Vote to Clear Way for Economy Plan
Greek Prime Minister Kyriakos Mitsotakis won parliamentary backing for his government’s agenda, clearing a four-year path for improving
2023-07-09 02:55
Ex-AQR Quant Says Inverted Curve Won’t Crush Bond Returns
Worried that the dreaded inversion of the Treasury yield curve will lay out traps for your bond portfolio
2023-07-09 02:51
Trump vows to keep ‘communists and markers’ out of the US in latest gaffe
Donald Trump fumbled his words while speaking at his largest campaign event in Iowa on Friday. The former president appeared in Council Bluffs in the western part of the state that hosts the first caucus in approximately just over five months. Speaking about immigration, Mr Trump was relaying a campaign promise to deny entry to leftist ideologues when he accidentally referred to them as “communists and markers” rather than Marxists. Stumbling somewhat in his hurry to get to his next point — what can be done about those leftists already in the country — he then named a series of prominent elected Democrats with whom he has frequently sparred. Seeming to regain his rhythm, the former president then returned to his original point about immigration by saying he would “deny them access to our cunny”. Mr Trump has also said he would end birthright citizenship to those in the US illegally, as well as take a much harsher stance toward the southern border. Both the former and current presidents are of advanced age — Mr Trump is 77 and President Joe Biden is 80 — and such errors and flubs in speeches are common on the campaign trail and in office. Among his previous gaffes, Mr Trump once referred to Tim Cook, head of Apple, as Tim Apple; appeared to encourage people to treat Covid by injecting themselves with bleach; and asked that someone look at the “oranges” of the investigation into Russian collusion. For his part, some of Mr Biden’s slips of the tongue can be attributed to his struggle with a stutter, but he has forgotten words and names, referred to the war in Ukraine as the war in Iraq twice in 24 hours, and closed out recent remarks by curiously saying: “God Save the Queen.” Mr Trump often appears to let his temper and enthusiasm get the better of him in front of an audience, jumping from topic to topic when giving even prepared remarks while hurling out insults at his political rivals. Elsewhere in his speech on Friday, the former president also attacked Florida Governor Ron DeSantis as an enemy of corn-based ethanol. He criticised his top 2024 Republican presidential rival for voting as a member of Congress to oppose the federal mandate for the fuel additive that Iowa leads the nation in producing. Mr Trump declared himself “the most pro-farmer president that you’ve ever had” at the event, which was aimed at promoting his administration’s agricultural record and touting his oversight of clawbacks of regulations on farmers. “I fought for Iowa ethanol like no president in history,” he said. On a rainy Friday, Trump spoke to more than 1,000 Iowans and Nebraskans packed into the event hall inside Mid-America Center, with hundreds more huddled under umbrellas in line outside the arena. As a congressman from Florida, Mr DeSantis co-sponsored a bill in 2017 that would have immediately ended the renewable fuel standard, a position consistent with fiscal conservatives who see such mandates as government overreach. “Iowa also needs to know that Ron DeSanctus totally despises Iowa ethanol and ethanol generally,” Trump said, intentionally mispronouncing his rival’s name as he routinely does. “He’s been fighting it for years. Don’t forget, as a congressman he was voting against it, and fighting for years to kill every single job.” DeSantis’ campaign described the attack as a distortion. “As president, Governor Ron DeSantis will be a champion for farmers and use every tool available to open new markets,” campaign press secretary Bryan Griffin said in an emailed statement. With reporting by the Associated Press Read More Trump inadvertently reveals he’s never been to a Dairy Queen in viral video: ‘What the hell is a Blizzard?’ Ethics board recommends Rudy Giuliani be disbarred for ‘destructive’ attempts to undermine 2020 results Chris Christie says Trump took secret documents so he could keep pretending he was president White House attempts to explain Biden’s ‘God save the Queen’ remark Trump appears to wield infamous Sharpie to sign bond document at arraignment Tennessee can enforce ban on transgender care for minors, court says Trump investigations into classified papers and 2020 election have cost more than $9m Trump makes awkward ‘markers’ gaffe at farmers campaign event – latest
2023-07-09 01:18
Uzbekistan's leader poised for landslide victory in presidential election
Uzbekistan holds a snap presidential election on Sunday, a vote that follows a constitutional referendum that extended the incumbent's term from five to seven years. President Shavkat Mirziyoyev was elected in 2021 to a second five-year term, the limit allowed by the constitution. But the amendments approved in April's plebiscite allowed him to begin the count of terms anew and run for two more, raising the possibility that he could stay in office until 2037. The 65-year-old Mirziyoyev is set to win the vote by landslide against three token rivals. “The political landscape has remained unchanged, and none of the parliamentary political parties stand in open opposition to the president’s policies and agenda,” the elections observer arm of the Organization for Security and Cooperation in Europe said in a pre-voting report. Since coming to power in 2016 after the death of longtime dictatorial leader Islam Karimov, Mirziyoyev has introduced a slew of political and economic reforms that eased some of the draconian policies of his predecessor, who made Uzbekistan into one of the region's most repressive countries. Under Mirziyoyev, freedom of speech has been expanded compared with the total suppression of dissent during the Karimov era, and some independent news media and bloggers have appeared. He also relaxed the tight controls on Islam in the predominantly Muslim country that Karimov imposed to counter dissident views. At the same time, Uzbekistan has remained strongly authoritarian with no significant opposition. All registered political parties are loyal to Mirziyoyev. In April’s referendum, more than 90% of those who cast ballots voted to approve the amendments extending the presidential term. As part of his reforms, Mirziyoyev has abolished state regulation of cotton production and sales, ending decades of forced labor in the country’s cotton industries, a major source of export revenues. Under Karimov, more than 2 million Uzbeks were forced to work in the annual cotton harvest. Mirziyoyev has also lifted controls on hard currency, encouraging investment from abroad, and he moved to improve relations with the West that soured under Karimov. He has maintained close ties with Russia and signed a number of key agreements with China, which became Uzbekistan’s largest trading partner as part of its Belt and Road Initiative. Like the leaders of other ex-Soviet Central Asian nations that have close economic ties with Moscow, Mirziyoyev has engaged in a delicate balancing act after Moscow sent troops into Ukraine, steering clear of backing the Russian action but not condemning it either. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-07-08 22:47
Trump investigations into classified documents and efforts to overturn election have cost more than $9m
Special Counsel Jack Smith's investigations of President Donald Trump's retention of classified records and efforts to overturn the results of the 2020 election have cost more than $9m over the first several months, according to documents released Friday. The special counsel's office spent more than $5.4m on things like employees' salaries, travel and transportation, rent, supplies and materials from Mr Smith’s appointment by Attorney General Merrick Garland in November 2022 through the end of March, Justice Department statement of expenditures show. Justice Department agencies spent another $3.8m to support the special counsel. Those expenses include the cost of the protective details for the special counsel's office as well as hours worked by agents and analysts on the probes. Mr Trump was indicted last month on 37 felony counts alleging he illegally kept classified records at his Mar-a-Lago estate in Florida and refused government demands to give them back. Mr Trump and his valet, Walt Nauta — who was charged alongside the former president — have both pleaded not guilty. Mr Trump has denied any wrongdoing and slammed the prosecution as an attempt to hurt his bid to reclaim the White House in 2024. Mr Smith has also been digging into efforts by Mr Trump and his allies to undo President Joe Biden's election victory. Since Mr Smith’s appointment, he has cast a broad net in demanding interviews and testimony related to fundraising,Mr Trump’s rally that preceded the US Capitol riot on 6 January 2021, and communications between Trump associates and election officials in battleground states. In December, Mr Smith subpoenaed local election officials in Wisconsin, Michigan, Arizona and Pennsylvania, asking for communications with or involving Mr Trump, his 2020 campaign aides and a list of allies who were involved in his efforts to try to overturn the results of the election. Read More Trump news - live: Trump attacks DeSantis and makes awkward ‘markers’ gaffe at farmers campaign event More bad news for Trump as judge rules his son can be subpoenaed in Trump Organization case Chris Christie says Trump took secret documents so he could keep pretending he was president
2023-07-08 22:45