Some ECB Officials Weigh Faster Reduction of Bond Portfolio
Some hawkish European Central Bank officials are pondering options to speed up the reduction of the institution’s €5
2023-06-28 13:19
Protests erupt in Paris after police officer fatally shoots teenager for ‘violating traffic laws’
A Paris police officer allegedly shot at a teenager who refused to stop during a traffic check sparking protests in the suburb, it was reported. The 17-year-old was in the Paris suburb of Nanterre when he was shot at by an officer after he failed to stop for a traffic check, the prosecutors said. Local media reported that emergency services tried to resuscitate him at the scene but he died shortly afterwards. Le Monde reported that a video circulating on social media shows two police officers trying to stop a vehicle and one shooting point blank at the teenager when he failed to stop the car. The car crashed after moving a few metres, the video reportedly shows. More follows Read More Rescuers found body in rubble of Paris building that collapsed in explosion Paul McCartney's rediscovered photos show Beatlemania from the inside Book Review: Tom Rachman's new novel 'The Imposters,' a global journey of disparate stories
2023-06-28 12:56
Donald Trump countersues E Jean Carroll for defamation over rape claims
Donald Trump sued E Jean Carroll for defamation on Tuesday after a jury held him liable for sexually abusing her. The former president filed a counterclaim in Manhattan federal court, accusing the author of tarnishing his reputation publicly. He has sought retraction as well as unspecified compensatory and punitive damages. According to the court filing, Mr Trump “has been the subject of significant harm to his reputation, which, in turn, has yielded an inordinate amount of damages sustained as a result”. Last month, a jury of six men and three women found that the former president was liable for sexual abuse, and not liable for rape, before awarding Ms Carroll $5m in damages. He also launched a fresh defamatory attack on Ms Carroll last month just hours after her lawyers formally asked to amend her remaining defamation lawsuit against the ex-president to include his “smears” at a CNN town hall. “Trump’s defamatory statements post-verdict show the depth of his malice toward Carroll since it is hard to imagine defamatory conduct that could possibly be more motivated by hatred, ill will, or spite,” the proposed amended complaint said. “This conduct supports a very substantial punitive damages award in Carroll’s favour both to punish Trump, to deter him from engaging in further defamation, and to deter others from doing the same,” the complaint said. After his statements about her on CNN, Ms Carroll’s lawyers had asked a Manhattan federal court judge for permission to amend the first defamation lawsuit that she filed against Ms Trump in 2019. He later wrote on Truth Social: “I don’t know E Jean Carroll, I never met her or touched her (except on a celebrity line with her African American husband who she disgustingly called the ‘Ape,’),” he wrote. Mr Trump has previously also accused Ms Carroll of calling her husband “ape”, without any evidence. “I wouldn’t want to know or touch her, I never abused her or raped her or took her to a dressing room 25 years ago in a crowded department store where the doors are LOCKED, she has no idea when, or did anything else to her, except deny her Fake, Made Up Story, that she wrote in a book. IT NEVER HAPPENED, IS A TOTAL SCAM, UNFAIR TRIAL!” he added. Meanwhile, Mr Trump’s lawyers said in the court filing on Tuesday: “The interview was on television, social media and multiple internet websites, with the intention of broadcasting and circulating these defamatory statements among a significant portion of the public.” The former president’s court filing on Tuesday is a counterclaim in a separate 2019 defamation lawsuit Ms Carroll filed against him that is set to go to trial in January, it was reported. While Ms Carroll won the first trial, the former president has interpreted the verdict as a victory, of sorts, because of the finding on rape. Additional reporting from agencies Read More Writer's lawyers say Trump is wrong about $5 million sex abuse-defamation jury award Trump's penchant for talking could pose problems as Mar-a-Lago criminal case moves ahead Trump is funneling 10% of 2024 campaign donations to cover his legal bills Rape accuser files new lawsuit as Trump seethes over 2024 flop – live Where do Donald Trump’s family stand on him running in 2024? Trump revealed to have tweeted classified image from spy satellite
2023-06-28 11:49
Republican senator warns people with left-wing political views not to travel to Florida
Senator Rick Scott posted a video of himself on Tuesday warning “socialists” and “communists” not to travel or move to his home state of Florida. “Let me give you a travel warning: if you’re a Socialist, Communist, somebody that believes in big government, I would think twice – think twice – if you’re thinking about taking a vacation or moving to Florida,” Mr Scott said at the start of his 35-second video message. Mr Scott’s “travel warning” is a play on the travel advisories civil rights groups like the NAACP and the Human Rights Campaign have issued warning immigrants, LGBT+ people, and people of colour to reconsider travel to the state after it passed a number of laws targeting those communities in recent months. It’s also not the first time Mr Scott, an ambitious first-term senator and former governor, has used the gimmick of issuing his own advisory to draw attention to himself. The senator also issued a press release last month warning people with left-wing views to stay away from the state. “We’re the free state of Florida,” Mr Scott continued in his video. “We actually don’t believe in socialism. We actually know people – some people in our state lived under it, we know people lived under socialism, it’s not good. It’s not good for anybody. So, if you’re thinking about it, if you’re thinking about coming to Florida and you’re a socialist or communist, think twice. We like freedom, liberty, capitalism, things like that.” Mr Scott is reportedly considering running for president, where he would be one of a number of longshot candidates attempting to wrest the nomination away from former president Donald Trump. Along with Mr Trump, two other Floridians are already in the race – Ron DeSantis, Mr Scott’s successor as governor, and Miami Mayor Francis Suarez. Of those candidates, it’s Mr DeSantis who can claim the most credit for turning Florida into a state that has become a symbol for far right governance. In Mr DeSantis’s tenure as governor, the state has moved to severely limit abortion rights, limit free speech in schools, end the state’s tenure system, limit gender-affirming care, and more. Mr Scott, a billionaire former hospital executive who unsuccessfully challenged senator Mitch McConnell of Kentucky for leadership of the Republican Senate caucus at the start of the current Congress, has reportedly had a strained relationship with Mr DeSantis. He is currently running for re-election to the Senate. Read More Florida senator issues travel warning against ‘socialists’ after NAACP advisory
2023-06-28 11:47
Time Running Out for Surprise Winner Pita to Secure Thai PM Role
Ever since Pita Limjaroenrat led his Move Forward Party to a surprise first-place finish in Thailand’s election last
2023-06-28 06:28
US sanctions gold companies suspected of supporting Wagner mercenaries in Russia
The United States moved on Tuesday to punish companies accused of doing business with the infamous Russian mercenary army known as the Wagner Group, following the group’s insurrection attempt within Russia’s borders. The move is not thought to be specifically related to the coup, however, instead being a response to Wagner’s participation in some of the bloodiest fighting taking place within Ukraine, where Russian forces launched a full-scale invasion last year. A statement from the Treasury Department faulted companies in Africa and the Middle East for participating in a gold-selling scheme in violation of US sanctions to fund the Wagner Group’s ongoing activities. One executive at Wagner, Andrey Nikolayevich Ivanov, was also slapped with individual sanctions on his financial dealings. “The targeted entities in the Central African Republic (CAR), United Arab Emirates (UAE), and Russia have engaged in illicit gold dealings to fund the Wagner Group to sustain and expand its armed forces, including in Ukraine and Africa, while the targeted individual has been central to activities of Wagner Group units in Mali,” reads Treasury’s press release. The companies are even accused of working with rebel militant groups in the Central African Republic (CAR) as part of the operation. Consequently, an inter-agency task force has issued an advisory highlighting risks for participants in the African gold trade. “Treasury’s sanctions disrupt key actors in the Wagner Group’s financial network and international structure,” added Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson in a statement. “The Wagner Group funds its brutal operations in part by exploiting natural resources in countries like the Central African Republic and Mali. The United States will continue to target the Wagner Group’s revenue streams to degrade its expansion and violence in Africa, Ukraine, and anywhere else,” he said. Wagner Group’s prominence exploded over the weekend after the mercenary soldiers ripped through Russia and seized control of a major city, Rostov, where much of the country’s defence sector is centred. The lightning-fast coup ended as quickly as it began, with leader Yevgeny Prigozhin apparently accepting a deal negotiated by the president of Belarus which saw him exiled to that country. In exchange, participants in the insurrection were granted immunity deals — and other, unknown concessions were thought by many to have been extended to Mr Prigozhin as well. It’s unclear what the insurrection means for the future of Wagner, however, given Mr Prigozhin’s apparent banishment and the souring of his ties with Russia’s leader. Many of the private army’s troops are still deployed in Ukraine, where they are engaged in some of the fiercest combat taking place across the country’s southeast. Read More UN urges Israel and Palestinians to halt West Bank violence in statement backed by US and Russia Fox News host suggests White House ‘drummed up’ Russia coup to distract from Hunter Biden Wagner chief walks free after armed revolt. Other Russians defying the Kremlin aren’t so lucky NATO warns not to underestimate Russian forces, and tells Moscow it has increased preparedness Putin admits Moscow paid Wagner mercenaries £800m in wages in a year – and that his forces ‘stopped civil war’ Pope's peace envoy arrives in Moscow after the short-lived Wagner rebellion
2023-06-28 06:19
When Miss World's arrival in India ignited protests
The competition is being held in India for the first time since 1996 - when it sparked uproar.
2023-06-28 05:17
New York Skies Set to Darken Again With Smoke From Canada Wildfires
Smoke from Canadian wildfires will obscure the skies in New York and across the Mid-Atlantic starting Wednesday, just
2023-06-28 03:49
Brazil’s Central Bank Sees Chance of Rate Cut in August
Brazil’s central bank said it may be able to start cutting interest rates in August after President Luiz
2023-06-28 02:19
Putin admits Moscow paid Wagner mercenaries £800m in wages in a year – and that his forces ‘stopped civil war’
Vladimir Putin has admitted that Russia's security services "stopped a civil war" during the mutiny led by Yevgeny Prigozhin and his Wagner mercenaries – whose wages and bonuses Moscow funded to the tune of £800m in the past year. His remarks came as the Belarusian President, Alexander Lukashenko, confirmed that the Wagner chief had arrived in his country as part of the last-minute deal that ended the extraordinary attempted coup. Mr Lukashenko said that Mr Progozhin and some of his troops were welcome to stay "for some time" at their own expense. Mr Putin appeared outside the Kremlin the praise his troops, seeking to portray the image of strength that Saturday's events had left a severe crack in. Speaking in front of hundreds of troop, Mr Putin said said the country's armed forces had prove their "loyalty to the people of Russia" in protecting the "motherland and its future". The Russian leader claimed that Moscow had not been forced to withdraw troops from Ukraine and he held a minute’s silence in honour of the servicemen killed when Wagner forces shot down Russian military aircraft, including helicopters and a communications plane, as they marched on Moscow. The mercenaries stopped about 125 miles outside the capital. Mr Putin was joined by the defence minister, Sergei Shoigu, whose dismissal had been one of Mr Prigozhin's main demands – having feuded with Russia's military leadership for months. While Russian authorities dropped a criminal case against his Wagner Group – apparently fulfilling another condition of the deal brokered by Mr Lukashenko – Mr Putin appeared to set the stage for financial charges against an organisation owned by Mr Prigozhin. After his speech outside the Kremlin, Mr Putin told a military gathering that Mr Prigozhin's Concord Group earned 80 billion rubles (£733m) from a contract to provide the military with food, and that Wagner received more than 86 billion rubles (£790bn) between May 2022 and May 2023 for wages and additional items. That had come out of the Defence Ministry and state budgets. For years, the Kremlin denied any links to the Wagner group. "I hope that while doing so they didn't steal anything or stole not so much," Mr Putin said, adding that authorities would look closely at Concord's contract. Police who searched his St Petersburg office on Saturday said they found 4 billion rubles (£37m) in trucks outside, according to media reports confirmed by the Wagner boss. He said the money was intended to pay soldiers' families. Kremlin spokesman Dmitry Peskov would not disclose details about the Kremlin's deal with the Wagner chief – saying only that Mr Putin had provided Mr Prigozhiin with "certain guarantees," with the aim of avoiding a "worst-case scenario." Asked why the armed Wagner forces were allowed to get as close as they did Moscow without facing any serious resistance, National Guard chief Viktor Zolotov told reporters, "We concentrated our forces in one fist closer to Moscow. If we spread them thin, they would have come like a knife through butter." Mr Zolotov also said the National Guard lacks battle tanks and other heavy weapons and now would get them. Some Russian war bloggers have vented outrage about Mr Prigozhin and his troops not getting punished for killing Russian forces. The treatment stands in stark contrast to the harsh jail terms handed out to opposition activists in Russia who have criticised Russia's invasion of Ukraine. In Belarus, Mr Lukashenko said that he had convinced Mr Prigozhin to end the mutiny in an emotional, expletive-laden phone call, adding that Mr Prigozhin had arrived in the southern Russian city of Rostov – which Wagner seized to start the rebellion – in a "semi-mad state". Mr Lukashenko said he tried for hours by phone to reason with the Wagner chief, who has said he was furious at corruption and incompetence in the military leadership and wanted to avenge an alleged Russian army attack on his men. The Belarusian president said their calls contained "10 times" as many obscenities as normal language. Mr Lukashenko also said that, earlier on Saturday, Russian Mr Putin had sought his help, complaining that Prigozhin was not taking any calls. Lukashenko said he had advised Putin against "rushing" to crush the mutineers. Mr Lukashenko said that his country would accommodate Wagner fighters who wanted to go there, though it was not building any camps for them. "We offered them one of the abandoned military bases. Please - we have a fence, we have everything - put up your tents," Lukashenko said, according to state media. Such a prospect alarms Belarus's neighbours. Latvia and Lithuania both called for Nato to strengthen its eastern borders in response, and Polish President Andrzej Duda called the move a "negative signal". Ukraine is hoping to take advantage of the chaos caused by the attempted coup to push on with its counteroffensive to retake its territory from Russia. Mr Putin offering Wagner's troops the chance to sign contracts with the Russian army is said that was "likely in an effort to retain them" in the fight in Ukraine because Moscow needs "trained and effective manpower" as it faces a Ukrainian counteroffensive, the Institute for the Study of War, a US-based think tank that monitors the war said. In the US, the Pentagon said it would provide a new military package worth $500 million (£390m) to support Ukraine's war effort. The package will include ground vehicles including Bradley fighting vehicles and Stryker armored personnel carriers, and munitions for High Mobility Artillery Rocket Systems (Himars) to support air defences. Reuters and Associated Press contributed to this report Read More The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary Wagner chief walks free after armed revolt. Other Russians defying the Kremlin aren’t so lucky In China, muted reaction to revolt in Russai belies anxiety over war, global balance of power Who is Yevgeny Prigozhin?
2023-06-28 01:54
Richard Ravitch, Who Helped Save NYC in 1970s, Dies at 89
Richard Ravitch, the civic leader and crisis manager who in the 1970s helped save New York City from
2023-06-28 00:16
Canada Inflation Slows, Easing Pressure for July Rate Hike
Canadian inflation slowed to its weakest pace in two years and core measures edged lower, reducing pressure on
2023-06-27 21:24