By Karen Dillon | OLATHE, Kan OLATHE, Kan A white U.S. Navy veteran charged with murdering an Indian software engineer at a Kansas bar gazed at a camera from jail and gave curt answers to a judge by video during his initial court appearance on Monday over the shooting, which federal authorities are probing as a possible hate crime. Adam Purinton, 51, is accused of killing Srinivas […]
By Caroline Valetkevitch | NEW YORK NEW YORK U.S. stocks ended slightly higher on Monday and the Dow closed at a record high for a 12th straight session, as President Donald Trump said he would make a “big” infrastructure statement on Tuesday. The Dow’s streak of record-high closes matches a 12-day run in 1987, with Boeing (BA.N) and UnitedHealth (UNH.N) among the biggest boosts for the Dow […]
Gold’s almost 10 per cent advance this year will be in jeopardy should US president Donald Trump’s key address to Congress on Tuesday reignite the dollar rally and prospect for higher interest rates. The yellow metal has been one of the chief beneficiaries of the cooling this year of the so-called “Trumpflation” trade, which sent the dollar to a 13-year high in early January and helped buoy […]
And so it has happened. Less than 100 days into his presidency, Donald Trump is being cited by a corrupt and despotic regime to justify new restrictions on rights and freedoms. On Saturday, Cambodia’s council of ministers spokesman Phay Siphan vowed to “crush” media entities that endanger the “peace and security” of the kingdom, calling on all “foreign agents” to self-censor or be shut down. He justified […]
SAN FRANCISCO A U.S. appeals court on Monday rejected a request from the U.S. Department of Justice to place on hold an appeal over President Donald Trump’s travel ban from seven majority-Muslim countries. The 9th U.S. Circuit Court of Appeals had suspended Trump’s travel ban earlier this month while litigation over the measure proceeds. Trump has said a new executive order will be coming soon, and the […]
WASHINGTON The chairman of the U.S. House of Representatives intelligence committee said on Monday he has seen no evidence of contact between Donald Trump’s campaign and the Russian government during the 2016 presidential election. Representative Devin Nunes, head of the House Permanent Select Committee on Intelligence, said the panel is expanding an ongoing investigation into Russian activities to include Moscow’s efforts targeting the U.S. election. Nunes said […]
In a Facebook post, Barbara Tyler is merciless. “Hey, did anyone think of proofreading your headline today before the paper went to press? I am pretty sure Trump did not replace his vice president. Fake news at its best. Sometimes I wonder why I continue to subscribe to your paper.” Tyler was responding to an extraordinary slip-up by The Bryan College-Station Eagle. The Texas newspaper’s top headline […]
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 […]
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 […]
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 […]
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 […]
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 […]
Here are the big questions for investors and markets this week. Will investors like what they hear from President Trump? Mr Trump will address a joint session of Congress on Tuesday (it’s not officially a State of the Union) and with US equities in record territory, investors are very much focused on tax reform and other fiscal measures. Here’s where the Trump trade — based on the […]
By Trevor Hunnicutt and Jonathan Stempel | NEW YORK NEW YORK Billionaire Warren Buffett, whose stock picks over several decades have enriched generations of Berkshire Hathaway Inc (BRKa.N) shareholders, delivered a black eye to the investment industry on Saturday, urging ordinary investors to buy plain-vanilla index funds. “When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap […]
