Author: potus

Policymakers are grappling with “exceptionally high” uncertainty, Christine Lagarde, the president of the European Central Bank, said on Wednesday, just hours after the European Commission announced tariffs on U.S. imports in response to levies imposed by the Trump administration. Later, Canada announced a new round of retaliatory tariffs on U.S. imports.The unpredictability of trade policy and geopolitics, which is likely to mean more large economic shocks, will make it harder for central bankers to keep inflation at their 2 percent target, Ms. Lagarde said.There was a somewhat bewildered mood among some of the E.C.B. officials, economists and analysts at an…

A federal judge in New York will hear arguments Wednesday in the arrest and detention of Mahmoud Khalil, a green card holder and recent Columbia graduate who played a major role in pro-Palestinian protests at the university.Khalil, who is Palestinian and a legal permanent resident of the United States, was arrested by federal immigration agents in New York City on Saturday before being transferred to a facility in Jena, Louisiana, where he is being held. His lawyers are challenging his arrest and detention as they seek to return him to New York.U.S. District Judge Jesse M. Furman on Monday temporarily…

With a mobile app and an expansive ad campaign, the Department of Homeland Security is ramping up its efforts to convince immigrants who don’t have legal status to self-deport.The efforts come as the number of deportations is lower than what President Donald Trump expected in his first couple of months in office after making the issue a key campaign promise.This week the Trump administration revived the CBP One app under another name and with a different purpose. Under the Biden administration, the app allowed migrants to apply to enter the U.S. legally as asylum-seekers.Now relaunched as the CBP Home app,…

Hace poco, los empleados italianos de la Base Aérea de Aviano, en el norte de Italia, dejaron de hacer hamburguesas, descargar camiones y reponer existencias en las estanterías para abrir un correo electrónico de sus jefes en el que les exigían que enumeraran cinco logros clave de la semana anterior.El correo electrónico era una exigencia ya conocida del recortador de costos jefe del presidente Donald Trump, Elon Musk, y llevaba la amenaza de despido si no respondían. Pero en esta ocasión, no fue a parar a empleados públicos de Estados Unidos, sino de Italia, un país donde los derechos de…

After hours of exhausting negotiations that ended with Ukraine agreeing to a Trump administration proposal for a 30-day cease-fire with Russia, it was not until the delegation from Kyiv was flying home that it got the news it was most desperate to hear: American military assistance was flowing again.“I will only say that there is no better reward for such a crazy day than to learn, while already sitting on the plane, a short dry confirmation” that military aid had restarted, Heorhii Tykhyi, a spokesman for Ukraine’s foreign minister, wrote on social media after talks with U.S. officials in Saudi…

Tesla CEO Elon Musk looks on as US President Donald Trump speaks to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty ImagesTesla shares rose for a second straight day in early trading Wednesday after the stock recorded its worst day since 2020 earlier in the week.Shares were last up nearly 6%, building on a 3.8% gain from Tuesday.The electric vehicle stock plunged 15.4% on Monday for its worst session since September 2020 as investors sold popular technology shares…

In this photo illustration, the Spotify music app is seen on a phone on June 04, 2024 in New York City.Michael M. Santiago | Getty ImagesSpotify is minting music millionaires.Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said Wednesday in its annual Loud and Clear Report.Spotify said more than 80% of the artists in that pool didn’t have a song reach the app’s Global Daily Top 50 chart. To reach that million-dollar threshold, an artist would need to have around 4 to 5 million monthly listeners, or 20 to 25 million monthly streams.”Spotify…

What’s in a name? How we refer to U.S. cities, towns, states, bodies of water, mountains and other geographic features is key to their unique identities. Some American place names, or toponyms, are rooted in the Indigenous languages of the people who lived on the land long before colonization. Others honor historical figures. And some refer to the physical characteristics of the locations or to well-known explorers and settlers.“Place names always reflect the culture and the values and the priority of the people who have the power to make those place names stick,” says Ruth Mostern, professor of history at the…

President Trump will host Micheál Martin, the taoiseach or prime minister of Ireland, at the White House on Wednesday, for a traditional annual visit ahead of St. Patrick’s Day amid deepening tensions with Europe over tariffs and the war in Ukraine.The annual visit is seen as important to reinforce the longstanding diplomatic relationship between the two countries. But this one comes at a time when those ties are being tested — with European leaders announcing plans on Wednesday to hit back against American tariffs, tensions over the Trump administration’s approach to the war in Ukraine, and contentious statements the president…

Until very recently, Canadian politics were shifting in U.S. President Donald Trump’s favor. Prime Minister Justin Trudeau, who has had a difficult relationship with Trump in the past, announced in January that he plans to resign. Trudeau’s ruling Liberal Party was on the precipice of collapse, rife with internal conflict and trailing in support. With the incumbent government having overseen high inflation, a decade of low productivity growth, and a notable decline in housing affordability, it was polling at all-time lows. Many Liberal members of Parliament were leaving politics altogether, and a handful of star ministers declined to run for…