Tag: All Regions

US manufacturers report fall in orders as growth expectations tumble

US manufacturers reported steep declines in new orders and employment in February, fuelling fears that the economy is losing momentum as growth expectations also fell sharply. The ISM Manufacturing purchasing managers’ index on Monday dropped to 50.3 in February from 50.9 the previous month, leaving it just above contraction territory, while secondary indices pointed to a sharp fall in new orders from 55.1 to 48.6. The Federal Reserve Bank of Atlanta’s running estimate of US GDP growth, also published on…

Trump’s ‘bald power grab’ could set US on path to dictatorship, critics fear

Unusually for him, Donald Trump made no great fuss as he signed one drily worded executive order last Tuesday. Public attention was distracted that day – by the headline-grabbing drama of Elon Musk bludgeoning his way through the federal bureaucracy, by immigrants deported to Guantánamo Bay, and by the torrent of other directives Trump has issued since his inauguration last month. But Trump’s 69th executive order of his second presidency, under the deceptive title of “Ensuring accountability for all agencies”,…

Trump, Vance engage in brutal ‘schoolyard bully’ attacks on Zelensky, on TV

Video: Trump and Vance teamed up to goad Zelenskyy into a feud in the Oval Office. But it was Vance that snaked his way in first, riling up the Ukrainian president by telling him that he was leading “propaganda tours” of the destruction wrought by Russia’s invasion.

Donald Trump revives Canada’s Liberals in electoral turnaround

Until last month, Canada’s Liberal party appeared destined for electoral oblivion. Its leader, Prime Minister Justin Trudeau, had just quit amid plunging poll ratings, blamed by voters for a stagnating economy and taunted as a “woke liberal” by a newly elected US president. But Donald Trump’s first month in power has galvanised Canadian politics. He has threatened to use “economic force” to annex his northern neighbour, imposing — and then postponing — punishing tariffs and accusing it of flooding America…

Chinese DeepSeek challenges US AI market

The following article is from a Russian news source, Tass, which is controlled by the Russian Government. China’s DeepSeek has transformed the global market of artificial intelligence (AI) and has put the leadership of the US in this sphere at jeopardy, the Foreign Affairs magazine said. According to its estimates, DeepSeek is paving the way for China to dominate in the global AI market. The technology of artificial intelligence may create an edge in the military sector, which further emphasizes…

Car plows into crowd in Israel, injuring 14

The following article is from a Russian news source, Tass, which is controlled by the Russian Government. /TASS/. A car rammed into pedestrians in Israel, leaving 14 people injured, the Ynet news website reported. The incident happened at a bus stop outside the city of Pardes Hanna. One of the casualties, a 17-year-old girl, is in critical condition. Two more people are in serious condition and another person in medium-severity condition. The others suffered light injuries. The police classified the…

Israel’s refusal to withdraw from Philadelphia Corridor violates deal -Hamas

The following article is from a Russian news source, Tass, which is controlled by the Russian Government. CAIRO, February 27. /TASS/. Israel’s unwillingness to leave a section on the border between the Gaza Strip and Egypt – the so-called Philadelphia Corridor – violates the ceasefire agreement in Gaza, said the Palestinian movement Hamas demanding that the mediators force Israel “to fulfill all the terms of the deal.” “The statements that Israel plans to turn the border between Gaza and Egypt…

Seized, settled, let: how Airbnb and Booking.com help Israelis make money from stolen Palestinian land

The villa is stunning. The private swimming pool; the lush, landscaped terrace with firepit; the long dining table with its expansive balcony view; the pingpong table; the piano. But the jewel in the crown, according to the Airbnb listing, is the experience of watching the sun rise over the nearby mountains from the luxury of the generous master bedroom. The villa with views of the Judean mountains is in a settlement located on land seized from Palestinians and considered illegal…

Hungary Seeking to Lift EU Sanctions From Russian Billionaires

Hungary wants to remove eight individuals from the European Union’s Russia sanctions list and receive fresh guarantees on Ukraine gas transit talks before agreeing to renew the restrictions, EU diplomats said.EU sanctions on Russia – imposed over Moscow’s war against Ukraine – must be renewed every six months by a unanimous vote and Budapest has often used these renewals as bargaining opportunities. On Monday, Hungarian Foreign Minister Peter Szijjarto wrote on Facebook that Budapest would “not consent to rushing ahead” with the…

EU court adviser backs Vienna in fight against Russian-built nuclear reactors in Hungary

Austria’s legal fight against Hungarian nuclear reactors built by Russian companies is valid, the adviser to the EU’s top court ruled. Back in 2017, Brussels approved a Budapest request to finance the construction of a new nuclear power plant, Paks II, in the heart of the country. It was to be built by a Russian company, Nizhny Novgorod Engineering. Austria sued and lost a lower court case in 2022. Today, the advocate general of the Court of Justice of the…

Tesla Feels the Wrath of Anti-Elon Musk Backlash

Tae Helton, a car aficionado who lives minutes from Tesla Inc.’s (TSLA) flagship California factory, bought one Tesla for the family fleet and nearly purchased a second one last year. After Elon Musk made gestures resembling a Nazi salute at an inauguration event for President Donald Trump last month, he wants nothing to do with the brand. “The pride and the good feeling I had driving in it is gone for me,” Helton said of the Model 3 he’s driven…

White House official pushes to axe Canada from Five Eyes intelligence group

Here’s a suggestion Canadians may actually like: A White House official has proposed expelling Canada from the Five Eyes intelligence-sharing network as Donald Trump increases pressure on the country he talks about turning into the 51st US state. Peter Navarro, one of the US president’s closest advisers, is pushing for the US to remove Canada from the Five Eyes — which also includes the UK, Australia and New Zealand — according to people familiar with his efforts inside the administration. Trump…

US Justice Department accuses judge reviewing Trump transgender military ban of misconduct

Feb 21 (Reuters) – The U.S. Department of Justice on Friday filed a rare judicial misconduct complaint, accusing the judge hearing a challenge of President Donald Trump’s ban on transgender people in the military of “hostile and egregious misconduct.” The complaint, said U.S. District Judge Ana Reyes in Washington, D.C., violated the judicial code of conduct by disrespecting a Justice Department lawyer and failing to uphold the integrity and impartiality of the judiciary. During two hearings in the case this…

Bernie Sanders Warns Iowa City About Rise Of Oligarchy Power In The United States

– On Saturday, Sen. Bernie Sanders (I-VT) held the first stop on his tour ‘Fighting Oligarchy’ in Iowa City, Iowa.

Pentagon plans to cut 5,400 workers starting next week

The Defense Department said Friday that it’s cutting 5,400 probationary workers starting next week and will put a hiring freeze in place. It comes after staffers from the Department of Government Efficiency, or DOGE, were at the Pentagon earlier in the week and received lists of such employees, U.S. officials said. They said those lists did not include uniformed military personnel, who are exempt. Probationary employees are generally those on the job for less than a year and who have yet…

Putin advises Gazprombank to partner with Musk

The following article is from a Russian news source, Tass, which is controlled by the Russian Government. MOSCOW, February 21. /TASS/. Russian President Vladimir Putin has told Deputy CEO of Gazprombank Dmitry Zauers that the company should partner with billionaire entrepreneur and the current head of the Department of Government Efficiency Elon Musk to develop technology. Zauers told the Russian President about domestically-produced batteries used in aerospace applications and neurochips. They are “our answer to Elon Musk,” the banker said,…