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WASHINGTON A high-tech sea-based U.S. military radar has left Hawaii to monitor for potential North Korean intercontinental ballistic missile test launches, a U.S. defence official said on Wednesday. Earlier this month, North Korean leader Kim Jong Un said that the isolated, nuclear-capable country was close to test-launching an intercontinental ballistic missile (ICBM). The official, speaking on condition of anonymity, said the radar, known as the Sea-based X-band […]

By Patricia Zengerle and Yeganeh Torbati | WASHINGTON WASHINGTON Secretary of State nominee Rex Tillerson expressed views on Wednesday at odds with President-elect Donald Trump’s positions on key foreign policy issues like nuclear proliferation, trade deals, climate change and relations with Mexico. In a nine-hour Senate confirmation hearing, the former chief executive of oil company Exxon Mobil (XOM.N) said he favoured maintaining U.S. sanctions against Russia for […]

By Melissa Fares | NEW YORK NEW YORK In his first news conference since the Nov. 8 election, President-elect Donald Trump set social media ablaze on Wednesday with remarks including harsh criticism of the press and a defence of his goal to improve ties with Russia. The session, held in the lobby of his Trump Tower headquarters in Manhattan, featured a number of viral moments, like an […]

The United States government’s explanation for why it made a court order forcing Yahoo to scan all users’ incoming emails for intelligence purposes was unsatisfactory, the European Union’s justice chief has said. The European Commission had asked for clarification from the US government back in November last year on the secret court order served to Yahoo. “I am not satisfied, because to my taste, the answer came […]

By David Shepardson | WASHINGTON WASHINGTON Volkswagen AG, as part of a $4.3 billion settlement with U.S. regulators, on Wednesday agreed to sweeping reforms, new audits and oversight by an independent monitor for three years to resolve diesel emissions cheating investigations. Under the settlement of charges it installed secret software in U.S. vehicles to allow them to emit up to 40 times legally allowable pollution, the German […]

MEXICO CITY Mexico’s government said on Wednesday it would throw its relationship with the United States wide open when it sits down for talks with the incoming U.S. administration, putting security, migration and trade on the table in search of a deal. U.S. President-elect Donald Trump has threatened to tear up a trade agreement that underpins Mexico’s economic model if he cannot renegotiate its terms in his […]

BuzzFeed CEO Jonah Peretti supported Editor-in-Chief Ben Smith’s decision to publish a 35-page dossier containing damaging, unverified information about President-elect Donald Trump, saying that the company “stand(s) with Ben on his decision to publish this newsworthy document.” During his first press conference since becoming president-elect Wednesday, Trump blasted BuzzFeed for publishing the document in its entirety, calling the viral news organization “a failing pile of garbage” toward […]

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By NICOLE HONG AND JAMES V. GRIMALDI The recently opened Trump International Hotel in Washington, D.C. — which has turned into a symbol of the president-elect’s potential business conflicts — is back in the spotlight. On Wednesday, a lawyer involved in deliberations with told reporters prior to Mr. Trump’s nationally televised press conference that he intends to […] (via WSJ)

By Ayesha Rascoe | NEW YORK NEW YORK President-elect Donald Trump escalated a fight with U.S. spy agencies on Wednesday, just nine days before he takes over their command as president, and accused them of practices reminiscent of Nazi Germany. The Republican said leaks from the intelligence community led to some U.S. media outlets reporting unsubstantiated claims that he was caught in a compromising position in Russia. […]

By Julia Fioretti | BRUSSELS BRUSSELS The United States has not satisfied the European Union’s concerns about Yahoo’s (YHOO.O) scanning of all customers’ incoming emails for U.S. intelligence purposes, the bloc’s justice chief told Reuters in an interview. The European Commission, the EU executive, asked the United States in November for clarifications on the secret court order served to Yahoo as part of its monitoring of a […]

Photo Sue Fulton Credit Andrew T. Warman for The New York Times You were a member of the first co-ed class at West Point, then you served in the Army for five and a half years, but it’s safe to say that you’ve spent more time on a different battle: fighting for civil rights within the military. Do you think there are any similarities between what drew […]

Turkish president Recep Tayyip Erdogan’s attempt to take control of all levers of power and a mounting terrorist threat has begun to alarm investors, sending the Turkish lira down 4 per cent to an all-time low on Wednesday. The lira traded at 3.93 to the dollar, down 12 per cent since the beginning of January, clocking its worst performance since a failed coup in July which prompted […]

President-elect Donald Trump’s plan to put distance between the White House and his real-estate empire was crafted with the help of a seasoned tax lawyer who has spent a career helping clients maximize their wealth while staying out of IRS crosshairs. At a press conference Wednesday, Morgan, Lewis & Bockius LLP partner Sheri A. Dillon outlined […] (via WSJ)

WASHINGTON U.S. Secretary of State nominee Rex Tillerson said on Wednesday he would recommend a “full review” of the nuclear deal with Iran, but he did not call for an outright rejection of the 2015 accord. Speaking in his Senate confirmation hearing, Tillerson also said he did not oppose the Trans Pacific Partnership free trade deal, but said he shares some of President-elect Donald Trump’s views about […]

By Emily Stephenson and Lawrence Hurley President-elect Donald Trump said on Wednesday his team has met with numerous candidates to fill the longstanding U.S. Supreme Court vacancy and promised a decision on a nominee within about two weeks of taking office on Jan. 20. Trump, during a news conference in New York, indicated the importance he attached to the selection of a replacement for conservative Justice Antonin […]

By David Shepardson | WASHINGTON WASHINGTON Volkswagen AG (VOWG_p.DE) has agreed to a $4.3 billion settlement to resolve the U.S. government’s civil and criminal investigations into the German automaker’s diesel emissions cheating, two sources briefed on the matter said Wednesday. U.S. Attorney General Loretta Lynch and Environmental Protection Agency chief Gina McCarthy will announce the settlement in Washington on Wednesday at a news conference, the government said […]

President-elect Donald Trump on Wednesday claimed he recently turned down a $2 billion deal with Dubai developer Damac Properties as he separates himself from his far-flung global business empire. Trump, who is to be sworn in on January 20 and has been under pressure to transfer his business assets into a trust before he enters the White House, said he turned down the offer from Damac chairman […]

By Steve Holland | WASHINGTON WASHINGTON President-elect Donald Trump is separating himself from his far-flung global business empire by transferring all assets into a trust and putting his two sons in charge, a Trump lawyer said on Wednesday. Along with plans to hire an ethics adviser, Trump is taking the steps to avoid inevitable questions about a potential conflict of interest between his businesses and the office […]

Law Blog rounds up the morning’s legal news: Sessions hearing: Attorney General nominee Sen. Jeff Sessions rejected accusations that he has racist views and departed from several of Donald Trump’s campaign stances during a confirmation hearing that drew tough questioning from his Democratic colleagues. [WSJ] VW settlement: Volkswagen is expected to agree to plead guilty to […] (via WSJ)

Donald Trump angrily denied claims that Russia sought to cultivate and compromise him, after unverified allegations about his personal conduct and ties to Moscow spilled out into the open, just 10 days before his inauguration. US media reported that intelligence agency officials shared a written synopsis of a dossier containing lurid but unsubstantiated personal claims about Mr Trump, allegedly compiled by Moscow, when they met the president-elect […]

On Wall Street, Donald Trump’s election win spelt pain for the dollar and stock markets right up until the moment he began his acceptance speech in the early hours of November 9 at the New York Hilton. Then the dollar began a trough-to-peak surge that would leave it up almost 3 per cent, a performance only bettered in 2016 on the day after the Brexit vote. S&P […]

By Andrew Osborn | MOSCOW MOSCOW The Kremlin says U.S. intelligence agency allegations it ran an influence campaign to help President-elect Donald Trump win the White House are false. But if U.S. spies are right, Moscow may wish it hadn’t bothered to meddle in the first place. The belief, widely held in the West, that the Kremlin helped discredit Democratic rival Hillary Clinton by orchestrating embarrassing media […]

In a story that is getting more surreal by the minute, a post on 4Chan now claims that the infamous “golden showers” scene in the unverified 35-page dossier, allegedly compiled by a British intelligence officer, was a hoax and fabricated by a member of the chatboard as “fanfiction”, then sent to Rick Wilson, who proceeded to send it to the CIA, which then put it in their […]

As CNN reported on a private intelligence report claiming that Russia has dirt on President-elect Donald Trump Tuesday night, BuzzFeed published the basis of the report, a 35-page dossier, online. Both CNN and BuzzFeed pointed out that the documents have been circulating since at least October and that its claims are unverified. BuzzFeed Editor-in-Chief Ben Smith explained his choice to publish the dossier in a memo to […]

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