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Matein Khalid I had analyzed SpaceX as a potential 10X winner in the Dubai media circa late 2020 when it traded at a mere $46 billion in the private market and even invited a number of close friends in an investor syndicate after sourcing shares from the Founders Fund in San Fran via the secondary market. Shakespear’s Henry V praised the English longbow archers who won him […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 August 2024 – As the U.S. presidential elections approach, global financial markets brace for potential turbulence. Global broker Octa looks at the historical correlation between U.S. elections and stocks, gold, and the U.S. dollar. Economy The relationship between the party affiliations of the U.S. presidents and economic growth has been a topic of extensive research and debate. Historically, […]

Former U.S. President Barack Obama delivered a robust endorsement of Kamala Harris during his keynote address at the Democratic National Convention (DNC) on Tuesday. His speech, marked by a fervent defense of Harris and a sharp critique of former President Donald Trump, highlighted the Obamas’ strategic alignment with the current administration’s goals and electoral strategy. Obama’s speech emphasized his longstanding friendship with President Joe Biden and his […]

By Arshad Mohammed and Yeganeh Torbati | WASHINGTON WASHINGTON U.S. President Donald Trump on Wednesday extended wide sanctions relief for Iran called for under a 2015 international nuclear deal even as he imposed narrow penalties on Iranian and Chinese figures for supporting Iran’s ballistic missile programme. The dual actions, announced by the Departments of State and Treasury, appeared intended to signal a tough stance on Iran even […]

By Yara Bayoumy and Katie Paul | WASHINGTON/RIYADH WASHINGTON/RIYADH When U.S. President Donald Trump meets Saudi princes in Riyadh on Saturday, he can expect a warmer welcome than the one given a year ago to his predecessor Barack Obama, who Riyadh considered soft on arch foe Iran and cool toward a bilateral relationship that is a mainstay of the Middle East’s security balance. Beneath the pomp, Riyadh will be looking for assurances […]

By Steve Holland and Jeff Mason | WASHINGTON WASHINGTON U.S. President Donald Trump on Tuesday abruptly fired FBI Director James Comey in the fallout over Comey’s probe of Democrat Hillary Clinton’s emails last year, saying Comey was no longer able to effectively lead the law enforcement agency. Comey had been leading an FBI investigation into allegations of Russian meddling in the 2016 U.S. presidential election and possible […]

Former U.S. President Barack Obama reportedly warned current President Donald Trump against hiring Mike Flynn as his national security adviser, former White House officials revealed. Obama warned Trump about Flynn in the days following the 2016 Presidential Elections, but the warning went under the radar so far. News now came to light just as former acting Attorney General Sally Yates is about to testify that Flynn made misleading […]

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By Patricia Zengerle | WASHINGTON WASHINGTON Two officials in former President Barack Obama’s administration will testify on Monday in a Senate investigation into allegations of Russian meddling in the 2016 U.S. election and possible collusion between President Donald Trump’s campaign and Moscow. James Clapper, the Director of National Intelligence under Obama, and Sally Yates, who was Deputy Attorney General, will testify to the Senate Judiciary subcommittee on […]

BOSTON Former U.S. President Barack Obama is expected in Boston on Sunday to receive the John F. Kennedy Foundation’s annual “Profile in Courage Award,” honoring his accomplishments during his two terms in office in the face of intense political opposition. “President Kennedy called on a new generation of Americans to give their talents to the service of the country,” said Caroline Kennedy, John F. Kennedy’s daughter, who […]

Authored by John Solomon via Circa.com, During his final year in office, President Obama’s team significantly expanded efforts to search National Security Agency intercepts for information about Americans, distributing thousands of intelligence reports across government with the unredacted names of U.S. residents in the midst of a divisive 2016 presidential election. The data, made available this week by the Office of the Director of National Intelligence, provides […]

By David Brunnstrom | WASHINGTON WASHINGTON U.S. Secretary of State Rex Tillerson met Southeast Asian foreign ministers on Thursday to seek their support in pressing North Korea to give up its nuclear and missile programs. Tillerson’s first meeting with all members of the 10-nation Association of Southeast Asian Nations will also address another pressing regional issue – China’s assertive pursuit of territory in the South China Sea, […]

By Richard Cowan and Yasmeen Abutaleb | WASHINGTON WASHINGTON The U.S. House of Representatives was set on Thursday for a cliffhanger vote to repeal Obamacare, as Republican leaders worked to deliver President Donald Trump a win for one of his top legislative priorities. House Republican leaders have expressed confidence the bill would pass and several party moderates who previously objected to it got behind it on Wednesday, […]

By David Morgan and Richard Cowan | WASHINGTON WASHINGTON President Donald Trump and his aides courted moderate Republican lawmakers on Wednesday on a proposal to overhaul the U.S. healthcare system as the White House struggled to avoid another embarrassing defeat on a top legislative priority. As White House aides prepared for meetings and phone calls to persuade skeptical lawmakers on the healthcare bill, Republican House of Representatives […]

By Wa Lone and Simon Lewis | YANGON YANGON Myanmar leader Aung San Suu Kyi has declined an invitation to meet U.S. Secretary of State Rex Tillerson in Washington this week alongside top diplomats from Southeast Asia, citing other commitments, Myanmar officials said on Tuesday. Nobel laureate Suu Kyi – who serves as Myanmar’s foreign minister while also being de facto head of its civilian government – […]

WASHINGTON Top White House officials said on Monday they expect the U.S. House of Representatives will vote this week to pass the Republicans’ latest plan to reform the nation’s healthcare system, even as the party’s lawmakers still appeared divided over the measure. In interviews on CBS News on Monday, White House chief of staff Reince Priebus and White House economic adviser Gary Cohn expressed optimism the latest […]

By Martin Petty and Manuel Mogato | MANILA MANILA Across Asia, more and more countries are being pulled into Beijing’s orbit, with the timid stance adopted by Southeast Asian nations on the South China Sea at a weekend summit a clear sign this fundamental geostrategic shift is gathering momentum. U.S. President Donald Trump’s flurry of calls at the weekend to the leaders of the Philippines, Thailand and […]

By Richard Cowan | WASHINGTON WASHINGTON Negotiators in the U.S. Congress reached a deal late on Sunday on around $1 trillion in federal funding that would avert a government shutdown later this week, while handing President Donald Trump a down payment on his promised military build-up. The full House of Representatives and Senate must still approve the bipartisan pact, which would be the first major legislation to […]

U.S. President Donald Trump signed a new executive order on Friday, April 28 extending offshore oil and gas drilling to areas that had been off-limits. The move aims to increase domestic production, but it might not prove to be the best idea considering that industry demand for acreage has been rather low. The new executive order could expand offshore drilling to parts of the Pacific, Atlantic, and Arctic oceans, […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. When Barack Obama was vacationing recently with Bruce Springsteen, Tom Hanks and Oprah Winfrey aboard a $300 million yacht in Tahiti, one wonders if he ever hummed Springsteen’s “All Or Nothin’ At All.” At the moment, it seems like he […]

JERUSALEM Israel intends to build 15,000 new settlement homes in East Jerusalem, the Housing Ministry said on Friday despite U.S. President Donald Trump’s request to “hold back” on settlements as part of a possible new push for Israeli-Palestinian peace. A formal announcement of the settlement plan, quickly condemned by the chief Palestinian negotiator, could come around the time Trump is scheduled to visit Israel next month. Israel […]

WASHINGTON U.S. President Donald Trump told Reuters on Thursday he will either renegotiate or terminate what he called a “horrible” free trade deal with South Korea and said Seoul should pay for a U.S. anti-missile system that he priced at $1 billion. In an interview with Reuters, Trump called the five-year-old trade pact with South Korea “unacceptable” and said it would be targeted for renegotiation after his […]

A recent Saudi government and security shake-up aims to strengthen King Salman’s increasingly powerful son against a royal rival and to bolster ties with Washington, analysts and diplomats say. Royal decrees at the weekend saw a number of allies of Deputy Crown Prince Mohammed bin Salman moved into key positions and another son of the king named as ambassador to Washington. The goal, a foreign diplomat told […]

By Julia Edwards Ainsley | WASHINGTON WASHINGTON With a deadline looming this week to avert a U.S. government shutdown, Congress returns to work on Monday as President Donald Trump leans on Democrats to include funding for his promised border wall with Mexico in spending legislation. The Republican president took to Twitter on Sunday to warn Democrats that the Affordable Care Act, popularly known as Obamacare, could soon […]

By Josh Smith and Hamid Shalizi | KABUL KABUL Eight days after the U.S. military dropped its largest ever conventional bomb on suspected Islamic State fighters in eastern Afghanistan, Taliban militants breached an army base in the north of the country and killed scores of local soldiers. To Afghan and other critics of President Donald Trump’s apparent indecision over how to win a seemingly intractable war, Friday’s […]

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