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. Donald Trump is temporary ratings gold, which is either evidence of renewed civic engagement or merely the decline of Western civilization. Variety reports that Fox News “finished far and above its competition in the ratings for the first quarter of […]
SYDNEY Asian shares inched ahead on Wednesday while the dollar and commodities rallied as investors shook off disappointment about U.S. President Donald Trump’s failed healthcare bill and focused on an improving outlook for global growth. The cheerful mood did not extend to the pound which was on the skids as the British government sent a letter to Brussels formally starting the country’s exit from the European Union. […]
By Valerie Volcovici and Jeff Mason | WASHINGTON WASHINGTON President Donald Trump on Tuesday signed an order to undo Obama-era regulations to curb climate change, keeping a campaign promise to support the coal industry while calling into question U.S. support for an international deal to fight global warming. Flanked by coal miners, Trump enacted his “Energy Independence” executive order at the Environmental Protection Agency. A coalition of […]
General counsel from 185 companies are joining the chorus of voices supporting the Legal Services Corp., a major benefactor of civil legal aid that’s at risk of being completely eliminated under President Donald Trump’s proposed budget. The group of top corporate lawyers, from companies including Google Inc., , and , signed on to a letter delivered to […] (via WSJ)
Photo One of Bahman Jalali’s photographs, part of “Iran-Iraq War” (1980-1988), which is among those that won’t be displayed at the Aipad Photography show. Credit Bahman Jalali, courtesy Ag Galerie Tehran When this year’s edition of the Aipad Photography Show opens on Thursday, one of its booths will be empty — a casualty of President Trump’s travel ban. Ag Galerie, which was to have its debut at […]
Agricultural trading bosses gathered in Lausanne, Switzerland for the FT’s Commodities Global Summit have warned against closed borders and potential trade wars as rising protectionist rhetoric casts a shadow over their ability to access global markets. David MacLennan, Cargill chief executive, says raising tariffs will hurt the world economy, and Carl Casale, head of CHS, a leading US grain co-operative, highlights the damage it would wreak on […]
During the 2016 United States presidential campaign, property tycoon and reality TV personality Donald Trump frequently promised that if he were elected, he would go to Washington and “drain the swamp”, removing career political hacks and bringing in new blood. When he was elected, however, in addition to packing the White House with relatives and controversial figures, he picked a long-time swamp-dweller for one of the most […]
Cuban president Raúl Castro is preparing to step down next year, Venezuela has cut millions of dollars in aid and Donald Trump’s election has cast a shadow over the nascent US-Cuba detente. Unnerved by the changes, Havana’s domestic reform drive has ground to a halt as the Communist party battens down the hatches. Marino Murillo, the senior official leading Cuba’s reforms, has not been heard in public […]
Tuesday 08:45 GMT What you need to know ● Markets recovering their poise after “Trump trade” wobble● S&P 500 futures higher and helping European to open on the front foot ● Energy stocks underpinning bourses as oil prices gain ground● Dollar steadies after sliding to four-month lows, Treasury yields nudge up● Gold prices ease back as haven flows dwindle——————- Hot topic Investors are rediscovering their risk appetite […]
THE DEAD SEA, Jordan: The Council of Arab Foreign Ministers on Monday approved 17 draft resolutions, including the rejection of unilateral steps that “jeopardize the historic and legal status” of Jerusalem. The draft will be presented to Arab leaders at their summit on Wednesday.It followed an announcement by Jason Greenblatt, US envoy to the Middle East, that he looks forward to attending the Arab Summit as an […]
The bagpiper striding across the bottle label wears flowing green tartan, a luxuriant black moustache — and a red turban. Bagpiper whisky, distilled by Diageo through its United Spirits subsidiary in India, is one of India’s most popular brands, available even in a tetra pak. But at Rs300 ($4.50) for a 750ml bottle, it is not a brand that will power a rapid return on Diageo’s £1.9bn […]
Mr. Netanyahu, several experts said, wants to talk to Mr. Trump about how best to confront Iran. But the administration’s policy toward Iran is still taking shape, making it less fruitful for the Israeli leader to come to Washington for a face-to-face meeting with the president. Continue reading the main story In his video appearance — after joking that he skipped the conference to avoid standing in […]
New York // The Pentagon is considering throwing its weight behind an Arab military plan to capture a Red Sea port in Yemen as part of a move to step up its support for the Saudi-led coalition that has fought a two-year war against Iranian-backed Houthi rebels. Senior officials said it was part of a new stance adopted by US president Donald Trump’s administration to deepen ties […]
Monday 04:30 GMT Overview Dollar weakness weighed down Asia-Pacific equities while government bonds and gold gained as investors in the region sought havens in the wake of US President Donald Trump’s failure to repeal Obamacare. Hot topic The US dollar was lower against a variety of currencies in Asia as investors tempered expectations of pro-business reforms from the Trump administration after Republicans failed to unify around healthcare […]
Hours before the Republicans’ healthcare overhaul was defeated on Friday, the US Treasury secretary was sounding an upbeat note about another element of President Donald Trump’s agenda — tax reform. Healthcare is complicated, Steven Mnuchin declared at an event in a Washington art gallery. Tax reform, he said, is much more straightforward. That bold assertion will be tested sooner than expected, as Mr Trump has signalled he […]
After a week dominated by questions over whether Donald Trump will be able to push his economic agenda through Congress, here are the questions FT markets reporters are asking in the final trading week of March. Will investors keep faith in Trump’s ability to drive tax cuts? That is the question facing equity markets after the White House failed to muster the support needed in the House […]
Lyft is looking at one of its biggest potential opportunities to make up some ground on its rival Uber, given the latter company’s ongoing and worsening PR crisis. So it makes sense that Lyft would go even further in the opposite direction, with a new program that lets riders top off their fare to the nearest dollar, and donate the difference to one of a group of […]
Elon Musk has finally shut down rumors that his own company, SpaceX, will greatly benefit from President Donald Trump’s latest bill for the National Aeronautics and Space Administration, or NASA. This is despite the unbelievable fact that the President just made human exploration to Mars a federal law. Elon Musk Not Happy Responding to a tweet by Kara Swisher, the cofounder of independent tech news website Recode, which implied that […]
Donald Trump suffered a massive political defeat on Friday after opposition inside his own party forced Republican leaders to pull a White House-backed healthcare reform bill, casting serious doubt on the president’s ability to deliver on other priorities. The withdrawal signalled the failure of Mr Trump’s exhaustive last-minute efforts to cajole lawmakers, raising questions about whether he could unify Republicans behind his pro-growth legislative goals of tax […]
A rush by emerging market governments to sell debt before the US Federal Reserve further raises interest rates this year has propelled issuance in Asia to record levels since the start of January, new data shows. Swelled by a $3bn Indonesian bond launched on Thursday, the total value of sovereign bonds sold in Asia, excluding Japan, reached $8.2bn in the year so far, up from $6.5bn in […]
The SEC filing also said Diamond S Shipping vessels aren’t necessarily prohibited from calling in locales where sanctions and embargoes apply. In the filing, the company said it believed it was in compliance with all applicable sanctions, embargoes, laws and regulations. In a statement to the Center for Public Integrity, the company said its “charter agreements expressly require compliance with all applicable laws, specifically prohibit trading in […]
For the hardliners of the Freedom Caucus, a conservative group renowned for its ideological purity, the healthcare defeat they helped inflict on Donald Trump showed their willingness to wreak havoc had reached a new high. The group has a record of ruining the plans of party leaders. But they attained a new potency on Friday by bringing down the top legislative priority of a president from their own party […]
“I’d like to see you hold back on settlements for a little bit,” Mr. Trump told Mr. Netanyahu on Feb. 15, during the Israeli premier’s visit to the White House. “We’ll work something out.” Continue reading the main story Mr. Netanyahu replied, “Let’s try it,” prompting Mr. Trump to joke, “Doesn’t sound too optimistic, but he’s a good negotiator.” On Thursday, a delegation of senior aides to […]
Authored by Finian Cunningha, via The Strategic Culture Foundation, There was a time when Russophobia served as an effective form of population control – used by the American ruling class in particular to command the general US population into patriotic loyalty. Not any longer. Now, Russophobia is a sign of weakness, of desperate implosion among the US ruling class from their own rotten, internal decay. This propaganda […]
