Toronto, Canada | TIMOTHY SNYDER | Over the past two months, financial investors have hit upon a new trading strategy, based on a simple rule: TACO – Trump Always Chickens Out. America’s president threatens to slap massive import tariffs on friends and foes alike, or to remove the Federal Reserve …
Read More »Trump says it may be better for Russia-Ukraine conflict to last longer
WASHINGTON | Xinhua | U.S. President Donald Trump said Thursday that it might be better to let Russia and Ukraine keep on fighting for a while despite German Chancellor Friedrich Merz’s call for more U.S. pressure on Russia. When meeting with Merz at the White House, Trump said that …
Read More »Xi says dialogue, cooperation only correct choice for China, US in phone call with Trump
Trump said the United States will honor the one-China policy. BEIJING | Xinhua | Chinese President Xi Jinping said on Thursday that dialogue and cooperation are the only correct choice for China and the United States. In the phone talks initiated by U.S. President Donald Trump, Xi said that recalibrating …
Read More »Trump administration files appeal to Supreme Court over federal mass firings
SAN FRANCISCO | Xinhua | The U.S. Trump administration on Monday filed an appeal with the Supreme Court seeking to overturn the federal court’s injunction that had prevented federal agencies from carrying out large-scale workforce reductions and reorganizations. In the appeal, U.S. Solicitor General John Sauer argued that “controlling the …
Read More »Market discipline will prevail in the US
It is worth remembering that Trump’s early attacks on the Fed’s independence already backfired. US stocks sank, bond yields spiked, and Trump stopped threatening to fire Fed Chair Jerome Powell. COMMENT | NOURIEL ROUBINI | Since US President Donald Trump’s election last year, I have argued that at least some of his policies …
Read More »Trump gives Elon Musk sendoff, praising him for ‘colossal change’
WASHINGTON | Xinhua | U.S. President Donald Trump bid farewell to Elon Musk in the Oval Office on Friday, after the billionaire announced his decision to step back from his role at the Department of Government Efficiency (DOGE). “I just want to say that Elon has worked tirelessly, helping lead …
Read More »U.S. appeals court reinstates Trump’s tariffs
NEW YORK | Xinhua | A day after the U.S. Court of International Trade invalidated U.S. President Donald Trump’s reciprocal tariffs and other duties, a federal appeals court on Thursday granted the Trump administration’s request to temporarily pause the trade court’s ruling. The judgment issued Wednesday by the international trade …
Read More »South African president says relations with US successfully ‘reset’
CAPE TOWN | Xinhua | South African President Cyril Ramaphosa said on Tuesday that the country has successfully “reset” its relationship with the United States following his meeting with U.S. President Donald Trump in the White House last week. Ramaphosa made the remarks during an oral question-and-answer session at the …
Read More »How foreign aid cuts are forcing East Africa’s refugees into danger
In Uganda’s overcrowded camps, refugees survive on shrinking rations. But going home means walking back into war. Adjumani, Uganda | Nakisanze Segawa & Apophia Agiressi Global Press Journal Uganda | Lindiro Jane has fled war twice. The first time was in 2016, when renewed violence in South Sudan pushed her, her husband and their …
Read More »Golfers, guile and gifts: South Africa’s president follows the new playbook for handling Trump
Unlike other world leaders, Cyril Ramaphosa — a former trade union leader — was clearly prepared. He spoke calmly and without interruption, politely but firmly disagreeing with Trump ANALYSIS | ALEXANDER SMITH | After maulings for Ukraine’s Volodymyr Zelenskyy and King Abdullah of Jordan, South African President Cyril Ramaphosa may have …
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The Independent Uganda: You get the Truth we Pay the Price