Posts

Showing posts with the label Politics

Justin Trudeau resigns after nine years in office as Liberals force him out

Image
Prime Minister Justin Trudeau is resigning after more than nine years in office, citing low popularity ratings and a revolt within his political party.  Trudeau, 53, the longest-serving leader of any Group of Seven country, announced Monday that he will stand aside as leader of the governing Liberal Party. He will stay prime minister until a new leader is chosen, at which time parliament will be halted until March 24.  Trudeau , 53 , who has been the leader of the governing Liberal Party for the longest , announced on Monday that he intends to resign. Kamara Morozuk/Bloomberg via Getty Images The winner of the Liberal leadership contest will become Canada's 24th prime minister and will have to immediately prepare for an election, which the Conservative Party is widely expected to win, according to public opinion surveys.  A nationwide vote is due in October, but it is likely to happen sooner. The three largest opposition parties in parliament have said tha...

Trump's tariffs would boost inflation, shrink the economy, CBO says

Image
Donald Trump made tariffs a centerpiece of his successful presidential campaign, and the Congressional Budget Office has calculated that they might reduce the budget deficit and the GDP in the process. On Thursday, the president-elect remarked on a tweet by venture entrepreneur Marc Andreessen on tariffs as a share of federal revenue from the late 1700s to the present. President-elect ' Donald Trump. ' Getty Images "The Tariffs, and Tariffs alone, created this vast wealth for our Country," Trump wrote. "Then we turned to income tax. We had never been as affluent as we were at this time period. Tariffs will repay our debt and "MAKE AMERICA WEALTHY AGAIN!" The federal government relied on tariff money when its position in society was much smaller than it is now. But this has altered over hundreds of years. The first federal income tax was enacted during the Civil War, when the Union organized a massive army. During the first half of the twent...

Trump says New Orleans attack confirms his 'rhetoric' on crime

Image
President-elect Donald Trump claimed Wednesday that a deadly attack on New Year's Eve revelers in New Orleans, Louisiana, exemplified his grim assessment of crime in America, promising to "fully support the City of New Orleans as they investigate and recover from this act of pure evil!" U.S. President-elect Donald Trump. Eva Marie Uzcategui/Getty Images "When I said that the criminals coming in are far worse than the criminals we have in our country, that statement was constantly refuted by Democrats and the Fake News Media, but it turned out to be true," Trump said on his Twitter account. "Our hearts are with all of the innocent victims and their loved ones." According to President Joe Biden's statement, the FBI is leading the federal investigation and is looking at the event as a terrorist act. "I have directed my team to ensure every resource is available as federal, state and local law enforcement work assiduously to get to the...

Chinese state-sponsored hackers infiltrate US Treasury in major cyberattack, officials tell Congress

Image
The US Treasury Department informed legislators on Monday that a Chinese state-sponsored actor infiltrated Treasury workstations in what authorities are calling a "major incident." The Treasury Department says China-backed hackers breached its computer systems. Michael A. McCoy/The Washington Post In a letter acquired by CNN, a Treasury official said that on December 8, a third-party software service provider told them that a threat actor had utilized a stolen key to remotely access some Treasury workstations and unclassified data. "Based on available indicators, the incident has been attributed to a Chinese state-sponsored Advanced Persistent Threat (APT) actor," Aditi Hardikar, assistant secretary for management at the US Treasury, wrote in the letter. A Treasury spokeswoman told CNN that the hacked service has been taken offline, and authorities are collaborating with law enforcement and the Cybersecurity and Infrastructure Security Agency (CISA). ...

Jimmy Carter, the 39th US president, has died at 100

Image
Jimmy Carter, the former president of the United States, has died at the age of 100, the institute he founded confirmed. The former peanut farmer lived longer than any president in history, reaching his 100th birthday in October. Jimmy Carter died on Sunday at his home in the small town of Plains , Georgia. Carolyn Kaster/AP The Carter Center, which promotes democracy and human rights across the world, said he died on Sunday afternoon at his home in Plains, Georgia. The Democrat was president from 1977 to 1981, a period marked by economic and diplomatic issues. After departing the White House with dismal popularity ratings, he rehabilitated his name via humanitarian efforts that garnered him the Nobel Peace Prize. "My father was a hero, not only to me, but to everyone who believes in peace, human rights, and selfless love," his son, Chip Carter, said in a statement. "The world is our family because of the way he brought people together, and we thank you ...

Trump asks Supreme Court to pause potential US TikTok ban

Image
Donald Trump has urged the United States Supreme Court to postpone the enforcement of a statute that would expose TikTok to a nationwide ban on January 19 if its parent firm does not sell the platform. ' Donald Trump. ' Rebecca Noble/Getty Images The President-elect, in a friend-of-the-court brief filed on Friday, claims he can strike an agreement to balance the national security and First Amendment concerns raised by the disputed statute. Although he points out that he "takes no positions on the merits of the dispute," he asserts that he "alone possesses the consummate dealmaking expertise, the electoral mandate, and the political will to negotiate a resolution to save the platform while addressing the national security concerns expressed by the Government." ByteDance has 22 days left to sell its platform. If it fails not fulfill the deadline, web-hosting providers and mobile app shops will be prohibited from carrying the app, resulting in an ef...

Donald Trump to announce $100 billion SoftBank investment in the US

Image
President-elect Donald Trump will meet with SoftBank Group CEO Masayoshi Son at his Florida residence on Monday to announce that the Japanese corporation plans to spend $100 billion in US projects over the next four years. Trump has previously launched accords with much hoopla, but they have not always delivered on promised investments. President-elect Donald Trump. Evan Vucci/AP Foxconn Technology Group, a Taiwan-based corporation best known for producing Apple iPhones, earned Trump's plaudits in 2017 when it announced plans to build a $10 billion complex in Mount Pleasant, Wisconsin, employing 13,000 people. However, Foxconn's investment has been reduced to a fraction of that amount as the tech industry struggled following the COVID-19 outbreak, which briefly increased demand for work-from-home technologies. However, Monday's news about the SoftBank technology company is a victory for Trump, who has spent the weeks since the election promoting his views, negot...

Trump picks hush money defense attorney Alina Habba as counselor to the president

Image
President-elect Donald Trump has announced that he would appoint one of his defense attorneys in the New York hush money case as his counselor. Alina Habba, 40, defended Trump earlier this year and also served as his legal spokesman. Since the election, Habba has spent time with the president-elect at his Florida resort, Mar-a-Lago. Trump 's lawyer Alina Habba. Angela Weiss/AFP via Getty Images "She has been unwavering in her loyalty and unmatched in her resolve - standing with me through numerous 'trials', battles, and countless days in court," Trump said on his social media platform, Truth Social. "Few understand the weaponization of the 'injustice' system better than Alina." Trump became the first former American president to be convicted of felony crimes in May, when a New York jury found him guilty of all 34 counts in a plan to illegally influence the 2016 election by paying a hush-money to a porn star who claimed the two had sex...

US pledges $1B in long-term weapon support to Ukraine amid leadership change

Image
The United States will provide nearly $1 billion more in longer-term weapons support to Ukraine, Defense Secretary Lloyd Austin said Saturday, as the Biden administration rushes to spend all of the congressionally approved funds it has left to help Kyiv before President-elect Donald Trump takes office next month. French President Emmanuel Macron (C), President-elect Donald Trump (R) and Ukraine's President Volodymyr Zelenskyy pose after their meeting at the Elysee Palace in Paris , France on December 07 , 2024. Mustafa Yalcin/Anadolu via Getty Images The current deal will include additional drones and bombs for the US-supplied High Mobility Artillery Rocket Systems, or HIMARS. While these weapons are urgently needed, they will be supported by the Ukraine Security Assistance Initiative, which provides for longer-term equipment to be put on contract. The weapon systems purchased are frequently meant to bolster Ukraine's future military capabilities rather than ma...

South Korean President Yoon declares emergency martial law

Image
South Korean President Yoon Suk Yeol declared martial law on Tuesday, threatening to destroy "anti-state" groups as he battles an opposition that controls the country's parliament and accuses of sympathizing with communist North Korea. South Korean President Yoon Suk Yeol. Getty Handout The unexpected action, which harkens back to an age of authoritarian leaders that the Korea has not experienced since the 1980s, was quickly condemned by the opposition and the leader of Yoon's own conservative party. Following Yoon's announcement, the South Korean military proclaimed that parliament and other political meetings that may generate "social confusion" would be canceled, according to the government-funded Yonhap news agency. The military also ordered the country's striking physicians to return to work within 48 hours, according to Yonhap. Thousands of physicians have been on strike for months, protesting the government's intentions to incr...