Author: potus
Benchmark S&P 500 falls 1.39 percent, dragging index more than 10 percent below its February peak.The United States’ stock market has taken another tumble following US President Donald Trump’s threat to impose steep tariffs on wine and other alcoholic products from the European Union. The benchmark S&P 500 fell 1.39 percent on Thursday, dragging the index into a correction – Wall Street lingo for a decline of 10 percent or more from the peak. Corrections are not unusual in the US stock market, which has consistently recovered from losses over its history, though they can be unsettling for investors in…
These are the key developments on day 1,114 of Russia’s war on Ukraine.Here is the situation on Friday, March 14: Fighting Russian President Vladimir Putin said his forces have trapped the remaining Ukrainian soldiers still in the country’s western Kursk region, where Kyiv’s troops have clung on for more than seven months in one of the key battles of the war after making a daring cross-border incursion. Putin told a news conference that the situation in Kursk was “completely under our control, and the group that invaded our territory is in isolation”. Ukraine’s military leadership has denied their forces are…
Elon Musk paid an unannounced visit to the National Security Agency on Wednesday and met with its chief, an NSA spokesperson said, days after he called for revamping the country’s top cyberespionage hub.It was Musk’s first publicly confirmed visit to an intelligence agency since he launched the Trump administration’s effort to drastically slash the federal workforce.The NSA is one of the country’s most valuable tools for collecting intelligence, according to experts, overseeing a vast eavesdropping operation, as well as sophisticated cybersecurity capabilities.Musk, the billionaire businessman who has come under criticism for his aggressive tactics and sweeping secrecy, posted on his social…
WASHINGTON (AP) — The Senate finds itself on Friday in a familiar position, working to avoid a partial government shutdown with just hours to spare as Democrats confront two painful options: allowing passage of a bill they believe gives President Donald Trump vast discretion on spending decisions or voting no and letting a funding lapse ensue.Senate Democratic leader Chuck Schumer gave members of his caucus days to vent their frustration about the options before them, but late Thursday made clear he will not allow a government shutdown. His move gives Democrats room to side with Republicans and allow the continuing…
Demonstrators have flooded the lobby of Trump Tower in New York City, in a show of solidarity with student protest leader Mahmoud Khalil, a permanent resident of the United States. Thursday’s protest is the latest in a string of demonstrations after immigration authorities arrested Khalil on Saturday evening. The administration of President Donald Trump has said it intends to deport Khalil, who is Palestinian and married to a US citizen, over his role in pro-Palestine protests at Columbia University. Khalil’s lawyers and supporters, however, believe the Trump administration is wilfully conflating criticism of Israel’s war in Gaza with support for…
The mother of four U.S. citizen children, including a 10-year-old girl recovering from brain cancer, is pleading for her family’s return to the United States. The family was removed from the country last month after immigration authorities deported the undocumented parents to Mexico. Speaking Thursday from Mexico, the mother said in a video message in Spanish provided to NBC News that “we call on the elected officials of the United States to please help us come back so that our little girl continues to receive the medical services she needs.”She first told NBC News this week what took place in…
President Vladimir V. Putin of Russia on Thursday did not rule out a U.S. and Ukrainian proposal for a monthlong cease-fire, but he set down numerous conditions that would most likely delay any truce — or could make one impossible to achieve.Mr. Putin’s comments during a news conference highlighted the balance he was trying to strike, exuding confidence in Russia’s position on the battlefield while seeking to continue talks with the United States and avoid upsetting President Trump. The U.S. president, having antagonized the country’s allies and realigned American foreign policy in Russia’s favor, has emerged as a key geopolitical…
Many years ago, I asked a friend who had been hired as a senior foreign policy official what he’d learned in government that he didn’t know beforehand. He replied: “I used to think policy-making was 75 percent about relationships. Now I realize it’s 95 percent about relationships.”It’s very hard to do big things alone. So competent leaders and nations rely on relationships built on shared values, shared history and shared trust. They construct coalitions to take on the big challenges of the age, including the biggest: whether the 21st century is going to be a Chinese century or another American…
President Trump escalated his trade war with the European Union on Thursday, threatening 200 percent tariffs on European wine and champagne that deepened anxiety among businesses and consumers on both sides of the Atlantic.Mr. Trump’s announcement, in which he called the European Union “hostile and abusive,” came a day after the bloc’s leaders unveiled plans to retaliate against a batch of U.S. tariffs that took effect this week by imposing 50 percent tariffs on imports of U.S. whiskey and several other American products.“If this tariff is not removed immediately, the U.S. will shortly place a 200 percent tariff on all…
(The Center Square) – Corn and soybean farmers in Illinois look to benefit from another byproduct of their fields. Sustainable aviation fuel, or SAF, is made from non-petroleum feedstocks that reduces emissions from air transportation. It takes about 1.5 gallons of ethanol to make one gallon of sustainable aviation fuel. All conventional aircraft are capable of flying on a maximum 50% blend of SAF and jet fuel. However, by 2030, it is expected that a large portion of airplanes will be capable of flying with up to 100% SAF. At this week’s Sustainable Aviation Fuel and Beyond Conference in Rosemont, Illinois Gov. J.B. Pritzker said the…