By Steve Holland | WASHINGTON WASHINGTON U.S. President Donald Trump said on Monday he is seeking a “historic increase” in military spending to be funded by cuts elsewhere in government. Trump will seek to boost Pentagon spending by $54 billion in his first budget proposal and slash the same amount from non-defense spending, including a large reduction in foreign aid, a White House budget official said. “This […]
WASHINGTON President Donald Trump on Monday said he would propose a budget that would ramp up spending on defense, but seek savings elsewhere to pay for it. “We’re going to do more with less and make the government lean and accountable,” Trump said in a meeting with governors in which he said he planned to propose a substantial increase in public safety spending. Trump also said he […]
As observed earlier in the day, as part of the leaked preliminary Trump budget, the president was set to unveil major spending increases in the US defense budget, offset by cuts to federal agencies, and other non-defense sectors. Moments ago, the first details emerged, including that the boost to defense spending is expected to be $54 billion, but will be revenue neutral, offset by cuts in non-defense […]
By Sam Forgione | NEW YORK NEW YORK Warren Buffett, chairman and chief executive of Berkshire Hathaway Inc (BRKa.N), told CNBC on Monday that his conglomerate had purchased about 120 million shares of Apple Inc. (AAPL.O) in 2017 and that U.S. stocks were not in “bubble territory.” “Apple strikes me as having quite a sticky product,” Buffett said. He said Berkshire’s Apple stake, at 133 million shares, […]
In recent weeks, Mauricio Macri, Argentina’s president, has faced a storm of criticism. After failing to condemn an official who offended many when he played down the gravity of Argentina’s military dictatorship, he is now accused of favouritism towards his father’s company in negotiations over the repayment of a $300m debt to the state after a botched privatisation of the post office in the 1990s. But however politically tone […]
For many of the Iranian director’s fans, the award was a source of pride: Iran mostly makes the news outside their country for missile tests or for orchestrated anti-Western rallies, they point out. Continue reading the main story At the heart of Mr. Farhadi’s films are the social struggles that many urban Iranians face daily: divorce, migration, domestic violence and the small but destructive lies that are […]
On Tuesday evening, Donald Trump will head to Capitol Hill to deliver an address to both houses of Congress. Such speeches have provided the US president’s predecessors with the opportunity to convey three main messages: their assessment of the country’s overall situation, the domestic legislative programme they hope Congress will pass in coming months and the main areas of global focus — all this in the context […]
Alcatel’s new Plus 12, a Windows 10 two-in-one with 4G. Image: Alcatel Alcatel has unveiled a two-in-one Windows 10 device with 4G LTE built into its detachable keyboard. The device, aimed at business users, features a 12-inch HD display, a 5MP front camera and ‘loud’ dual speakers for videoconferencing, and is powered by a Intel Celeron N3350. The detachable 4G LTE keyboard can serve as a wi-fi […]
By Jonathan Allen | NEW YORK NEW YORK Supporters of U.S. President Donald Trump are holding rallies in towns and cities across the country on Monday, partly as a rebuttal to waves of anti-Trump protests that have taken place since the Republican’s election last November. Trump is not scheduled to appear at any of this week’s rallies, which are being held in cities small and large, from […]
By Marton Dunai | BUDAPEST BUDAPEST Hungary has begun building a second line of fence along its southern border with Serbia, a government spokesman said on Monday, a move likely to exacerbate criticism from some of the country’s European Union partners. Prime Minister Viktor Orban’s right-wing government considers migration to be one of the largest threats to the status quo in the EU. But officials in Brussels […]
Senate President Pro Tempore Franklin Drilon. INQUIRER FILE PHOTO / GRIG C. MONTEGRANDE On Senator Manny Pacquiao’s motions, Liberal Party (LP) senators on Monday were stripped of their positions and committee chairmanships. Pacquiao immediately moved to declare Senate President Pro Tempore Franklin Drilon’s position vacant as soon as the session opened around 3:30 p.m. Drilon himself seconded the motion. It was also Pacquiao, who moved to elect Senator Ralph […]
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. Anti-Trump fervor is especially rampant along the Acela Corridor, and now our most famous paper surfaces with a provocative — if belated — ad campaign at a time of marketing need. On Thursday, The New York Times announced a campaign […]
PwC, the accountancy firm that has been responsible for counting Oscars votes for 80 years, has apologised for handing presenters the wrong envelopes for the best picture award, causing the Academy Award’s top prize to be erroneously handed to La La Land. Moonlight, an evocative coming of age story about a young gay black man, was the actual winner of the best picture Oscar but was almost […]
Photo Marine Corps jets flew over the pyramids of Egypt during a military exercise in 1999. Credit Staff Sgt. Jim Varhegyi/United States Air Force CAIRO — The top commander of American military operations in the Middle East said during a visit here on Sunday that the United States wanted to resume a major military exercise with Egypt that President Barack Obama had canceled in 2013 to protest […]
Monday 08:50 GMT Overview European stock markets are making gains, tracking another set of record highs for Wall Street’s main equities gauges. The rally reaches the region even after Asia missed out, with banking and commodity stocks leading a sell-off there. Hot topic US equity futures are pointing to further gains after a late rally on Friday pushed the S&P 500 up 0.2 per cent while the […]
Submitted by Alex Gorka via The Strategic Culture Foundation, The rifts within the EU continue to widen as Poland and Hungary join together in opposition to the EU bureaucracy. Soon after Poland’s ultra-conservative Law and Justice (PiS) party came to power in October 2015, the Polish parliament passed a law allowing the government to appoint the judges of its choosing to the highest court and not recognize […]
By Tom Perry and Humeyra Pamuk | BEIRUT/ISTANBUL BEIRUT/ISTANBUL Turkey-backed Syrian rebel groups clashed with government forces near a city in northern Syria they captured from Islamic State, the second such confrontation in that region this month. The clash late on Sunday took place in an area where the sides are waging separate campaigns against Islamic State. Russia, which backs the Syrian government, intervened to halt the […]
The Nokia 6 will be available globally this year. Image: Nokia/HMD Global The MWC trade show in Barcelona is the event where the smartphone industry shows off its latest innovations. This year, however, one of the biggest stories from the show has a distinctly retro feel: the launch of a new range of Nokia smartphones. At MWC on Sunday, HMD Global announced the launch of three […]
Apologies to Dickens, but this really might be the best and the worst of times for American journalism. As near-daily attacks on the press are launched from President Trump’s Twitter account and trust in the media sinks to record lows, readers are subscribing to national newspapers in droves and newsrooms across America are infused with a renewed sense of mission. “This is a moment where you’ve got […]
Independent French presidential candidate Emmanuel Macron would beat far right leader Marine Le Pen in the second round of the French presidential election with 61 percent of the vote, according to an Odoxa/Dentsu-Consulting poll on Sunday. The pollsters said Macron had been buoyed by the alliance announced this week with centrist politician Francois Bayrou, which has enabled him to move ahead of conservative candidate Francois Fillon. The […]
By Stephanie Nebehay and John Irish | GENEVA GENEVA Syrian activists called on Sunday for the Assad government to engage in serious talks on political transition and for the United Nations to strengthen the fragile ceasefire as violence engulfed parts of the country. U.N. mediator Staffan de Mistura said a militant attack in Homs on Saturday was a deliberate attempt to wreck the Geneva peace talks, while […]
In the previous episode of the currency wars, a few years ago, the Euro-Dollar exchange rate was in the spotlight. This has now completely disappeared to the background and whilst the countries of the Eurozone must be pretty happy with the weak currency (which boosts the export and increases the demand for domestically produced goods), the United States are less than happy as it weakens the position […]
CAIRO, Egypt: An Egyptian lawmaker started collecting signatures on Sunday for a motion to extend presidential terms and lift restrictions on re-election — a year before general-turned-president Abdel Fattah El-Sisi’s first term is due to expire.As defense minister, Sissi overthrew elected President Mohammed Mursi, a Muslim Brotherhood official, in mid-2013 following mass protests against his rule and launched a crackdown on Egypt’s oldest Islamist movement.El-Sissi, now 62, […]
MOSCOW Thousands of Russians marched through the centre of Moscow on Sunday to honour opposition leader Boris Nemtsov two years after he was gunned down near the Kremlin walls, and to call for further investigations into his killing. The 55-year-old Nemtsov, a former deputy prime minister and prominent critic of President Vladimir Putin, was shot dead on a bridge near the Kremlin late in the evening of […]
