AstraZeneca pledges $15 billion China investment during Starmer trip
The deal is the largest of Starmer’s visit to China as Britain seeks to strengthen ties More
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The deal is the largest of Starmer’s visit to China as Britain seeks to strengthen ties More
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in US PoliticsThis blog has now closed. Read our latest story hereTwo federal officers fired their guns during the fatal shooting of Alex Pretti, according to an initial review by the Department of Homeland Security that was obtained by NBC News.Three sources told NBC News that the preliminary report, from a Customs and Border Protection internal investigation led by the agency’s Office of Professional Responsibility, was sent to congressional committees yesterday, including the House homeland security and judiciary committees. Continue reading… More
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in UK PoliticsEvoke stated it has acted to mitigate the financial blow from the November Budget More
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in US PoliticsActivists say the retailer has met with clergy but not spoken out against ICE or safeguarded employees and customersWhile thousands of protesters marched through downtown Minneapolis on Friday to demand that Immigration and Customs Enforcement (ICE) agents leave the city, a smaller group of activists set their sights on a specific destination: the downtown headquarters of national retailer Target.Dozens of clergy members and their supporters planted themselves in the atrium of the store. “Say it loud and say it clear, immigrants are welcome here,” the group chanted. “Something ’bout this isn’t right – why does Target work for ICE?” Continue reading… More
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in US PoliticsConservative majority appears eager to hand president greater power – with one exception: the US central bankDonald Trump has tried his usual tactics when it comes to getting the US Federal Reserve to lower interest rates: bully when persuasion doesn’t work, and then fire when bullying doesn’t work.In an unprecedented assault on the central bank, the president has called the Fed chair, Jerome Powell, “stupid” and threatened to fire him for not cutting interest rates as quickly as Trump would like. Most recently, the justice department instigated a criminal investigation against Powell for testimony he gave about renovations at the Fed’s headquarters. Even so, the Fed has not budged. Continue reading… More
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in US PoliticsTo win votes, Trump can afford to face up to corporate power – to deliver his promised 1.5m homes, Starmer can’tIn an incredibly polarised society, there are fewer and fewer things that seem to unite both sides of the aisle in the US political system. Yet it turns out that an objection to Wall Street’s grand heist of single-family homes has done just that.We might expect Alexandria Ocasio-Cortez and Elizabeth Warren to rail against the incursion of institutional investors into residential real estate markets, causing rent prices to jump and effectively locking millions of households out of home ownership. However, I admit I was surprised to see JD Vance and Marjorie Taylor Greene striking a similar note. But I was completely dumbfounded to see the real estate tycoon and Wall Street darling Donald Trump sing from the same hymn sheet.Adam Almeida is a writer and researcher living in London Continue reading… More
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in US PoliticsDonald Trump’s son-in-law Jared Kushner spoke in Davos on Thursday about the ‘board of peace’ plans for Gaza’s postwar redevelopment at an event on the sidelines of the World Economic ForumDavos live – latest updates Continue reading… More
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in US PoliticsThe Democratic representative plans to introduce a bill halting subsidies and tax advantages for the super-richThey had the best seats in the house. When Donald Trump was sworn in as US president a year ago this week, tech titans Jeff Bezos, Tim Cook, Elon Musk, Sundar Pichai and Mark Zuckerberg were sitting closer than even some of his cabinet picks, living symbols of the US’s new gilded age.“It was so gross,” Rashida Tlaib, a Democratic representative from Michigan, recalled in a phone interview. “It was like a reunion of all the billionaires. Some of them didn’t even like each other, but boy, did they come together for Trump.” Continue reading… More
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in US PoliticsEuropean carmakers among hardest hit with US president’s talk of Greenland-linked trade levies also pushing down the dollarMarkets stay calm amid Trump’s gambit, but long-term risks are hugeCould the EU hit back with its ‘big bazooka’?European stock markets fell on Monday and gold and silver prices hit record highs after Donald Trump threatened to impose additional tariffs on eight European countries in an increasingly aggressive attempt to claim Greenland.France’s Cac fell 1.8%, while Germany’s Dax and Italy’s FTSE MIB were down 1.3%. In the UK, the FTSE 100 fell 0.4%. Continue reading… More
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