By Steve Holland | WASHINGTON WASHINGTON President-elect Donald Trump’s son-in-law, Jared Kushner, will become a senior White House adviser and work on trade deals and the Middle East, transition officials said on Monday, in a rare case of a close presidential family member taking on a major job. Kushner, 35, who is married to Trump’s daughter Ivanka, is taking the job after receiving legal counsel he would […]
Most Popular 1 Donald Trump Is Not Too Big to Fail 2 Courageous House Progressives Raise ‘Justice and Fairness’ Objections to Certifying Trump 3 Sherrod Brown Is the First Senator to Say ‘No’ to Jeff Sessions 4 This Monday, Join Protests Across the Country to Block Trump’s Climate-Denying Cabinet Picks 5 Why Workers Everywhere Should Be Scared by Kentucky’s Assault on Unions A Fascist Original Having said […]
Bigger may not always be better when it comes to beverage companies. Goldman Sachs analysts, in a note on Monday, downgraded shares of Coca-Cola to “sell” while upgrading Dr Pepper Snapple to “neutral,” saying that the policy winds of 2017 may blow more favourably for US-centric companies than multinational players. A key headwind facing multinationals such as Coca-Cola in 2017 is the strong US dollar, which recently […]
By Svea Herbst-Bayliss | HARTFORD, Conn. HARTFORD, Conn. Boston Fed President Eric Rosengren on Monday called for the U.S. central bank to step up its pace of interest rate increases from the once-a-year pattern it has pursued since 2015, warning of inflation risks if it does not. “I expect that appropriate monetary policy will need to normalize more quickly than over the past year,” Rosengren told the […]
Once again, the dawn of a new year is upon us. People will wonder what to do, what will happen and what can they expect. We, as humans, will rely on pundits to tell us what they think and yes most of what will be said will have a 50/50 chance of being as much right as wrong. This year is going to usher in many seismic […]
“We have no eternal allies, and we have no perpetual enemies. Our interests are eternal and perpetual, and those interests it is our duty to follow.” So Henry Temple, the third Viscount Palmerston, described British foreign policy in 1848, at the height of its imperial pomp. “England is a power sufficiently strong, sufficiently powerful to steer her own course.” It is more than fanciful to imagine US […]
Law Blog rounds up the morning’s legal news: AG confirmation hearing: Republicans have set at least nine confirmation hearings for the week, starting Tuesday with one for Sen. Jeff Sessions, Donald Trump’s pick to lead the Justice Department. [WSJ] • Sessions’s opponents face an uphill fight in trying to deny his bid to become the […] (via WSJ)
Watergate. Spying by the National Security Agency. Bungled protection by the Secret Service. These stories have two things in common: Each were major, consequential pieces of journalism about the federal government that got big results. And none of them were broken by the White House press corps. With less than two weeks before Donald Trump is inaugurated as the nation’s 45th president, news organizations have begun plotting […]
MEXICO CITY Mexican migrants in the United States are not criminals, Mexico’s new foreign minister said on Monday, adding that the country would face the “dynamic” U.S. political situation with negotiation, not conflict or insults. Luis Videgaray, was appointed foreign minister last week just four months after he was replaced as finance minister in the wake of a controversial visit by Donald Trump. (Reporting by Frank Jack […]
By Jonathan Landay | WASHINGTON WASHINGTON The risk of conflicts between and within nations will increase over the next five years to levels not seen since the Cold War as global growth slows, the post-World War Two order erodes and anti-globalization fuels nationalism, said a U.S. intelligence report released on Monday. “These trends will converge at an unprecedented pace to make governing and cooperation harder and to […]
No one can ever confidently predict what will happen in the following 12 months, but forecasting 2017 is particularly difficult. The surprises of 2016 (Brexit and the election of Donald Trump are at the top of the list but there were others, including the sacking of the entire Kuwaiti parliament, Saudi Arabia’s backflip on its oil production policy and the sudden demonetisation in India) demonstrate that we […]
By Tulay Karadeniz (Corrects to U.S. support in fourth paragraph) By Tulay Karadeniz ANKARA President Tayyip Erdogan said on Monday he believes Turkey’s dialogue with the United States will gain pace after President-elect Donald Trump takes office and that they will reach a consensus on regional issues. Relations between Washington and Turkey – a NATO ally key to the U.S.-led fight against Islamic State in Syria and […]
South Korea is creating a hit squad with a mission to eliminate Kim Jong Un and his top command in the event of war, as it vows to ramp up its response to the growing threat from the North. The formation of the military unit, originally set for 2019, has been brought forward to this year amid increasing bellicosity from the North, the defence ministry in Seoul […]
By Maria Tsvetkova and Christian Lowe | MOSCOW MOSCOW Allegations that Russia tried to influence the U.S. election in favour of Donald Trump amount to a witch-hunt, the Kremlin said on Monday, in its first reaction to the release of a U.S. intelligence report on the alleged Russian operation. The report, a redacted version of which was released publicly last week, alleged that Russian President Vladimir Putin […]
Meryl Streep brought politics back to Hollywood at the Golden Globes on Sunday evening with a powerful acceptance speech that excoriated Donald Trump and his mocking of a disabled reporter during the election campaign. Ms Streep, Hollywood’s most decorated and revered actress with three Oscar wins, was accepting the Cecile B DeMille award for lifetime achievement when she tore into Mr Trump. In front of a primetime audience […]
By Joseph Ax | NEW YORK NEW YORK In the weeks since Hillary Clinton’s shock election defeat to U.S. President-elect Donald Trump, a rumor has taken hold among New York City’s political chattering class: could she challenge Mayor Bill de Blasio’s reelection bid this year? Discussion of a possible Clinton campaign intensified last week when conservative news website Newsmax reported that Democrats unhappy with de Blasio were […]
By Bernie Woodall and David Shepardson | DETROIT DETROIT Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) on Sunday said it will invest $1 billion to modernize two plants in the U.S. Midwest and create 2,000 jobs, upping the ante as automakers respond to threats from President-elect Donald Trump to slap new taxes on imported vehicles. FCA’s announcement that it would retool factories in Ohio and Michigan to build new […]
As we browse the perfume counters, spritzing our wrists with the latest creations, what is it, we may ponder, about the power of fragrance that unlocks our imaginations and captivates our senses? Why is it that certain smells connect to the parts of the brain that govern emotion and memory, like remembering the perfume one’s mother wore? Some of these olfactory mysteries are unravelled in Paris, the […]
Last year was tough for global aviation and, like many in this sector, there’s not much I wouldn’t give for a crystal ball to see what 2017 has in store. Having said that, the consensus is that we can expect more of the same, with the wide range of macro challenges that beset the world in 2016 continuing. War and regional conflicts are ongoing and the ever-present […]
After one of the most tumultuous years in its modern history, Turkey is struggling to convince global investors to look beyond economic weakness and political risk. Fund houses willing to bet on countries such as South Africa, where a corruption scandal is consuming the ruling ANC party, and Brazil, where President Michel Temer is battling to save his administration from corruption investigations, say the headwinds facing Turkey […]
Some analysts say Russia appears to have arrived at an accommodation in which the Turks are moving to establish a security zone in northern Syria to preclude Syrian Kurds from setting up an autonomous region. In return, the Turks appear to be backing off their efforts to unseat President Bashar al-Assad of Syria, who, with Russian help, is strengthening his hold on the country’s major cities to […]
The entire star-studded audience at the Golden Globes practically cried in unison, after Meryl Streep took to the mic to lament over an incident that happened last year regarding what she thought was Donald Trump mocking a disabled reporter. The rift was with NY Times reporter Serge Kovaleski, who said Trump was lying about witnessing Muslims celebrating in New Jersey after 9/11 — which later proved out to […]
Hugh Laurie wasn’t afraid to throw some shade at the Golden Globes. During his acceptance speech for Best Supporting Actor in a TV Miniseries or Movie on Sunday, the actor joked this may be the last Golden Globes. “I don’t mean to be gloomy but it has the words ‘Hollywood,’ ‘foreign’ and ‘press’ in it,” he said, referencing the coming Donald Trump administration. That was the first […]
Fiat Chrysler said on Sunday that it would invest an extra $1bn in the US and create 2,000 new US jobs at a time when global carmakers are under pressure from President-elect Donald Trump to boost US jobs and investment. Fiat Chrysler, which made its announcement as the Detroit auto show geared up to open to the press on Monday, insisted that the move had nothing to […]
