NBC reports that ex-President Donald Trump has been indicted by a New York grand jury with nearly 30 criminal charges linked to supposed document fraud. The charges are included in the sealed indictment that was sanctioned on Thursday by the Manhattan Supreme Court. Former President Donald Trump, who is considered ...
Read More »Britain Joins Indo-Pacific Trade Bloc in Largest Trade Agreement Since Brexit
After nearly two years of negotiations, Britain has reached a historic trade agreement to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, a vast Indo-Pacific trade bloc consisting of 11 members. The deal, announced on Friday, will provide access to a region with a combined GDP of £11 trillion ...
Read More »Ford to Produce 500,000 Electric Vehicles Every Year at New $5.6B Tennessee Plant
According to an announcement by the company on Friday, Ford Motor’s upcoming facility located near Memphis, Tennessee, will have the capacity to manufacture 500,000 electric vehicles every year once it reaches maximum production. So far, Ford has only revealed one product that will be manufactured at the “BlueOval City” plant ...
Read More »Toshiba approves a $15 billion buyout proposal from Japan Industrial Partners
Toshiba Corp’s board has approved a buyout offer from a consortium led by Japan Industrial Partners, a private equity firm, which values the scandal-ridden industrial conglomerate at JPY 2tn ($15.2bn). The deal would make Toshiba a private company and place it under domestic control following a prolonged period of tension ...
Read More »UBS to hold talks with Michael Klein to terminate Credit Suisse investment bank deal
According to the Financial Times report on Tuesday, UBS is preparing to negotiate with Michael Klein to end an agreement that would have given the Wall Street dealmaker a significant stake in Credit Suisse’s investment bank. This development comes after UBS agreed to acquire its Swiss counterpart, Credit Suisse, for ...
Read More »Britain new PM Liz Truss to take oath today
London – Britain’s new Prime Minister Liz Truss will take oath today. The swearing-in ceremony will take place this time at Balmoral Castle, Scotland. Usually, it takes place at Buckingham Palace in London. But the Queen is currently in Scotland. She is unable to travel now. Therefore, on Tuesday, September ...
Read More »Sanders denounces GOP’s response to Biden for canceling some student loans
USA – During an appearance on ABC’s “This Week” on Sunday, Sen. Bernie Sanders (I-VT) praised President Biden’s decision to cancel some student loans, saying the move will benefit working families and low-income people. The Biden administration announced last week that it would cancel up to $20,000 in student loans ...
Read More »Pentagon vows to “back off” against Iran after conflict in Syria
The US military said Wednesday that three US service members in Syria were wounded in two separate rocket attacks by suspected Iran-backed militants. The latest attacks on US personnel linked to Iran’s Islamic Revolutionary Guard came hours after the US military launched airstrikes against Iranian-backed groups in eastern Syria. According ...
Read More »Inflation Reduction Act could prevent up to $1.9 trillion in climate damage
The White House said in an assessment Tuesday that the Inflation Reduction Act, the most aggressive climate investment ever by Congress, could cut the social cost of climate change by up to $1.9 trillion by 2050. The White House said the act, which the president signed into law earlier this ...
Read More »US announces new military aid package of USD 775 million for Ukraine
The Defense Department on Friday announced a new $775 million military aid package for Ukraine, as Russia nears the six-month mark with an unprovoked invasion of the country. The package includes four additional High Mobility Artillery Rocket Systems (HIMARS) 16 howitzers and 36,000 rounds of heavy field artillery pieces of ...
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