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On Wednesday, Musk and Ramaswamy outlined their vision for DOGE, which Musk previously said would cut $2 trillion from the federal budget. Ron DeSantis' Presidential Announcement with Elon MuskTheir opinion piece, published in the Wall Street Journal, is lengthy and dense, filled with Supreme Court rulings and decades-old statutes. Musk and Ramaswamy wrote that their goal for deep reform will be rooted in two Supreme Court rulings. Musk and Ramaswamy make it clear that by eliminating federal regulations, there should also be "mass head-count reductions across the federal bureaucracy." Musk and Ramaswamy note that Trump has implied that the statute is unconstitutional and predict that the Supreme Court would agree.
Persons: Elon Musk, Vivek Ramaswamy, Ramaswamy, Musk, Ron DeSantis, Loper, Raimondo, Chevron, Trump, haven't, DOGE, Musk's, Tesla, overreach Organizations: Department of Government, Florida Gov, Elon, Street, Management, Environmental Protection Agency, Chevron, Natural Resources Defense Council, Congress, Corporation for Public Broadcasting, Public Broadcasting Service, National Public Radio, Social Security, SpaceX, Trump, Musk Locations: Florida, America, West Virginia
The full scope of the planned mass deportations remains unclear. Present-elect Donald Trump's plans for mass deportations could significantly impact construction, agriculture, and hospitality. The data breaks down 13 major sectors by the number of native-born citizens, naturalized citizens, and non-US citizens working in each. AdvertisementThe agriculture industry could also be heavily impacted by mass deportations. To be sure, deportation plans are still in flux, and it's unclear how many people would be deported or who would be targeted first.
Persons: Trump, Donald Trump's, Steve Ballmer, Molly Day, Tom Homan, Stephen Miller, Vance, Karoline Leavitt Organizations: Immigrants, American Immigration Council, American Progress, Small Business Association, ACLU, Immigration, Customs, White House, Staff, Policy, US Homeland Security
CNN —The United States has vetoed a UN Security Council resolution that called for an immediate, unconditional and permanent ceasefire in Gaza, on the grounds it would not have secured the release of hostages. “We made clear throughout negotiations we could not support an unconditional ceasefire that failed to release the hostages. This resolution abandoned that necessity, and for that reason, the United States could not support it,” Wood added. The other four permanent members voted for it – including the UK, which has previously abstained from three other ceasefire resolutions shot down by the US. “There is an obvious urgency to implement an immediate and unconditional ceasefire.
Persons: , Robert Wood, ” Wood, , Wood, Danny Danon, Israel ’, Majed Bamya, Carolyn Allison Rodrigues, Birkett, Nicolas de Riviere, Barbara Woodward, , Israel Organizations: CNN, UN, Seven, Palestinian Authority, Security, Russia, UNSC Locations: United States, Gaza, Israel, Palestine, Lebanon, , Guyana, France
BAMAKO, Mali Reuters —Mali’s Prime Minister Choguel Maiga has been fired, state television ORTM said on Wednesday of the civilian who criticized the ruling junta’s failure to organize elections within a promised 24-month transition back to democracy. “It’s all happening in total secrecy, without the prime minister’s knowledge,” Maiga told reporters on Saturday. His comments sparked tensions with the junta, forcing it to postpone a ministerial council meeting planned for Wednesday, a source close to Maiga told Reuters. Maiga had fervently defended Mali’s junta as West African neighbors and international allies criticized its military cooperation with Russian mercenaries and repeated election delays. Before being named prime minister in 2021, Maiga served as Mali’s commerce minister under former President Amadou Toumani Toure and as digital economy minister under former President Ibrahim Boubacar Keita.
Persons: Choguel Maiga, ORTM, Maiga, ” Maiga, Assimi Goïta, Amadou Toumani Toure, Ibrahim Boubacar Keita, Keita Organizations: Mali Reuters — Mali’s, Reuters, Russian Locations: BAMAKO, Mali, West
"I'm skeptical he'll actually do it," Johnson said of Trump's tariff policy. With all of these negative implications, Johnson isn't convinced that Trump's tariffs will be as drastic as they were presented on the campaign trail. Mass deportation is a logistical nightmareTrump's mass deportation plans don't make economic sense to Johnson, either. It's still too early to predict how Trump's policies will pan out, but for now, Johnson is seeing drastic barriers to Trump's tariff and immigration plans. Should Trump go through with his tariff and immigration policies, it'll be up to the American people to judge their efficacy and implementation.
Persons: Donald Trump, Nobel, Simon Johnson doesn't, Johnson, Simon Johnson, Trump, We've, They're, he'll, Jan Hatzius, Goldman Sachs, Johnson isn't, it's, Thomas Homan, That's, It's, they're, it'll Organizations: Massachusetts Institute of Technology, Trump, American Immigration Locations: China, Johnson, Vietnam, Mexico, United States
At 34, he was the city’s youngest ever mayor, and he campaigned on a promise of self-determination for the predominantly Black city. It’s an ongoing factor in Mississippi politics,” said Leslie McLemore, a former Jackson State University political science professor who also once sat on the Jackson City Council. That was on top of years of boil-water notices that eroded residents’ trust in the city’s water supply. In April, a push by conservative legislators to strip local control of the city’s water system failed for the second time in the House. Rogelio V. Solis / AP fileByron D'Andra Orey, a political science professor at Jackson State University, said the bribery scandal could shape the municipal elections.
Persons: JACKSON, , Chokwe Antar Lumumba, Jackson, Lumumba, Jody Owens, Aaron Banks, Angelique Lee . Lumumba, Owens, Banks, Lee, “ I’m, Virgi Lindsay, Lindsay, , Leslie McLemore, ” McLemore, ” Jackson, Lauren Witte, Ronnie Crudup Sr, , that’s, Jacksonians, “ It’s, ” Kim Meeks, Rogelio V . Solis, Zakiya Summers, Summers, Tate Reeves, Reeves, Bill, “ H.B, Liam Kennedy, Chokwe Lumumba, Tupac Shakur, ” Jacksonians, Rukia Lumumba, Annie Cooper, Jan, Byron D'Andra Orey, CJ Rhodes, Mount Organizations: Miss, City, Republican, Democratic, Jackson State University, Jackson City Council, USA, New Horizon Church, City Council, DA, Rep, U.S . Justice Department, NAACP, Mississippi Army National Guard, Lumumba, Clarion, Ledger, , State Capitol, Mount Helm Baptist Locations: Black, Hinds, , Mississippi, Jackson, Mississippi’s, Jackson’s Fondren, Hinds County, , Northwest Jackson, Mount Helm
U.S. envoy Amos Hochstein landed in Beirut on Tuesday for talks with officials on a truce between armed group Hezbollah and Israel, Lebanon’s state news agency said, hours after a proposal drafted by Washington won a nod from the Iran-backed group. The visit indicates progress in U.S.-led diplomacy aimed at ending a conflict which spiralled into all-out war in late September, when Israel launched a major offensive against Iran-backed Hezbollah. Hezbollah endorsed its long-time ally Berri to negotiate over a cease-fire, but both it and Israel have escalated the fight as the political efforts carried on. A diplomat familiar with the talks cautioned that details still needed to be ironed out and these could still hold up a final agreement. Khalil said Israel was trying to negotiate “under fire”, a reference to an escalation of its bombardment of Beirut and the Hezbollah-controlled southern suburbs.
Persons: Amos Hochstein, Ali Hassan Khalil, Nabih Berri, Berri, Khalil, Israel, Organizations: Washington, Lebanese, Hezbollah, Reuters, . Security Locations: Beirut, Israel, Iran, Lebanon
Empty lot Grand Ave. Dean St. Project site Pacific St. The Upper West Side project was recommended for approval while the Crown Heights project wasn’t. The Upper West Side project was recommended for approval while the Crown Heights project wasn’t. The Upper West Side project was recommended for approval while the Crown Heights project wasn’t. City Council vote Here’s where things ended for the Crown Heights project, which was rejected by the council member from the area.
Persons: Nadine Oelsner, Dean St, Aviles, Booker T, Booker, Oelsner, It’s, Crystal Hudson, Oelsner’s, Hudson, Mark Levine Organizations: New York, West, Street Manhattan Queens, Street Brooklyn Staten, Street Brooklyn, . Census, Crown, Census, 108th, Google, West Side Federation for Senior, 109th St, St, Washington, Washington Middle School, Washington Middle, Side Federation for Senior, Budget Commission, Manufacturing, Fulton St, Vanderbilt, ., Plaza Manufacturing, Army Plaza Lafayette, Army Plaza Lafayette Ave . Manufacturing, , New York City Department of City Planning, Riverside Park, Broadway, St ., St . West 108th St, , New York City Department of, HSN, Pontiac, West Side, West Side Federation, City Planning Department Locations: New, United States, Crown Heights, Brooklyn, Manhattan, Westchester County, Long, New York City, Street Brooklyn Staten, Prospect, Crown, U.S, Park, Riverside, Phoenix, Atlanta, City, St, Fulton, Ave, Vanderbilt Ave, Franklin, Army Plaza Lafayette Ave, , New, St . West, Amsterdam, Heights
By then, Mr. Putin himself had laid out a similar view of territorial disintegration. The United States is confidently, firmly marching down the same path as the Soviet Union.” This still seems to represent Mr. Putin’s fundamental assessment of the country. This year, high-ranking Russian officials eagerly watched the American film “Civil War,” starring Kirsten Dunst. “Hollywood,” he remarked on his Telegram channel, “doesn’t make films about it for no reason.”How would such conflict come about? “Ordinary citizens won’t lift a finger to preserve America’s unity, knowing they mean nothing to their own government.
Persons: Putin, , Kirsten Dunst, Maria Zakharova, ” Dmitri Medvedev, doesn’t, Patrushev Organizations: Soviet Union, Hollywood, Kremlin, Locations: United States, Soviet Union, America, Russia, California, Texas, Florida, Alabama, U.S
Los Angeles CNN —Los Angeles officials on Tuesday moved to cement the city and its schools as sanctuaries for immigrants and LGBTQ youth as the city positions itself to push back strongly against President-elect Donald Trump’s platforms on immigration and gender. The Los Angeles City Council, which represents the second-largest US city, unanimously voted to adopt a “sanctuary city” ordinance that prohibits city resources from being used in immigration enforcement or to cooperate with federal immigration agents, unless required by state law. LGBTQ advocates also fear his presidency will result in wider restrictions on transgender people and rollbacks of protections for other LGBTQ groups. Los Angeles City Council members listen as a man speaks in support of a proposed "sanctuary city" ordinance at City Hall on Tuesday. Teachers and administrators will receive training on how to respond to federal immigration personnel who request information about students and families or who are trying to enter school property.
Persons: Donald Trump’s, Karen Bass, They’ve, Jackie Goldberg, Hydee Feldstein Soto, ” Bass, , Gavin Newsom, Trump, Tom Homan, Etienne Laurent, , Homan, ” Homan, Curren Price, ” Price, Goldberg, stokes, Rocío Rivas, ” Rivas, Brendan Carr Organizations: Los Angeles CNN, Los, Los Angeles City Council, Los Angeles Unified School District, Republican, Trump, Bass, City, Democratic, Los Angeles Police Department, Trump -, Customs, Getty, “ Fox, Friends, Los Angeles Unified, Teachers, Department of Education, CNN, Federal Communications Commission, of Education Locations: Los Angeles, Los, , Wisconsin
AdvertisementTwo subsea data cables in the Baltic Sea were damaged this week. Two subsea telecoms cables in the Baltic Sea have been damaged in a suspected act of Russian sabotage, highlighting the fragility of the world's data networks. AdvertisementThe impactAs the world has become more dependent on the internet, subsea cables have become increasingly vital. The cables carry vital internet data between countries, including streaming services and financial information. "The writing has been on the wall for a while now relating to subsea cable disruption.
Persons: Boris Pistorius, Telia, Cinia, Carl, Oskar Bohlin, Gregory Falco Organizations: Cables, Telia, NATO, International Union of Marine Insurance, TRT, General Staff, Directorate, West, Cornell University, BI, CSIS, Analysts, Atlantic Council Locations: Baltic, Germany, Finland, Lithuania, Sweden's Gotland, Russia, Ukraine, Lofoten, Norway
Doctors Without Borders, also known as Médecins Sans Frontières (MSF), accused authorities of repeatedly stopping its vehicles and threatening its staff with violence, including death and rape. MSF cited a deadly incident on November 11, when officers and vigilantes allegedly attacked one of its ambulances as it was transporting three wounded patients to an MSF hospital in Port-au-Prince. “This series of incidents have left us with no choice but to suspend our activities in Port-au-Prince,” MSF said in a statement. Brutal gang violence in the capital has resulted in the kidnappings of hundreds of people, and the displacement of hundreds of thousands of Haitians from their homes. Last week, US-based airlines suspended flights to Haiti after three of their jets were struck by bullets while flying over Port-au-Prince.
Persons: Christophe Garnier, Haiti’s, Organizations: CNN, MSF, United Nations Locations: Caribbean, Port, Haitian, Prince, Haiti
CNN —President-elect Donald Trump has picked Dr. Mehmet Oz to serve as the administrator for the Centers for Medicare and Medicaid Services. Oz, a cardiothoracic surgeon and television personality, ran unsuccessfully for Senate in 2022 in Pennsylvania with Trump’s backing. In 2018, Trump appointed Oz to the Presidential Council on Sports, Fitness and Nutrition, reappointing him to the position in 2020. Oz rose to fame as a frequent guest of Oprah Winfrey, eventually launching his own syndicated daytime TV talk show in 2009. Through “The Dr. Oz Show,” which won several daytime Emmy awards and reached millions of viewers, Oz became one of the most well-known doctors in the country.
Persons: Donald Trump, Mehmet Oz, Oz, ” Trump, Sen, John Fetterman, Trump, Oprah Winfrey, CNN’s KFile, ” Oz, Oliver Darcy Organizations: CNN, Centers, Medicare, Services, Senate, Democratic, Presidential Council, Sports, GOP, Seattle Times, Columbia University Locations: America, Pennsylvania, Covid
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPutin threatens nuclear weapons 'whenever he's trying to scare off Biden admin,' says Fred KempeFred Kempe, Atlantic Council president and CEO, joins CNBC's 'Money Movers' to discuss outlooks on geopolitical tensions as Putin issues a new doctrine to lower the threshold to use nuclear weapons.
Persons: Fred Kempe Fred Kempe Organizations: Putin, Biden, Atlantic
“He grabbed me from behind, tore my clothes apart and raped me,” Sohrab – whose name has been changed for security reasons – told CNN in October. Transgender and gender non-conforming people are being “consistently” targeted at Taliban checkpoints due to their choice of clothing, human rights groups said. “I will never forget when the Taliban came to our house,” Samiar Nazari, a 22-year-old transgender man, told CNN. Other human rights groups have documented instances of extrajudicial detention, conducted out of the public eye. With little sign that the Taliban will improve their record on human rights, many in the country feel abandoned by the international community.
Persons: Sohrab, , ” Sohrab –, , ” Sohrab, Wakil Kohsar, Roshaniya, , Neela Ghoshal, Artemis Akbary, Ghoshal, ” Samiar, ” Nazari, Akbary, Abdul, ” Abdul, David Osborn, Osborn, It’s, Sano –, Sano, ” Sano, He’s, Rosemary DiCarlo, DiCarlo, Yuki Iwamura, UNAMA Organizations: CNN, , Taliban, Taliban’s Ministry of Foreign Affairs, Afghan LGBT Organization, Getty, ” CNN, US Department of State, Facebook, Afghan, UK’s, Information Resilience, Afghan Witness, , UN, Political, Peacebuilding, United Nations Locations: Afghanistan, Czech Republic, Pul, Kabul, AFP, , ‘ Afghanistan, Iran, Turkey, Herat, Afghanistan’s, Jalalabad, Qatar
He says he loves the United States and is convinced Americans are the best people to help revive his community. “We can’t of course ban people from other countries to apply, but Americans will have a fast-track procedure. We are betting on them to help us revive the village, they are our winning card. In 2018, as first reported by CNN, the town hall started selling dilapidated empty homes for one euro. “The village remains half empty, we still have about 100 unoccupied cheap homes potentially on sale, ready to move in.
Persons: Donald Trump’s, Ollolai, It’s, it’s, , Francesco Columbu, , Roberto Tangianu, Columbu, he’s, Francesco Columbo, ” Columbo, cortes apertas, Casu Fiore Organizations: CNN, Locations: Sardinia, Italy, United States, Ollolai
Changes to Russia's nuclear doctrine have been drawn up and will be formalized as necessary, the Kremlin said on Tuesday, signaling again Moscow's concern over the latest U.S. decision on missile strikes from Ukraine. The Kremlin called on Monday the reported decision by President Joe Biden's administration to allow Ukraine to fire American missiles deep into Russia reckless and it warned that Moscow will respond. Russia calls its war in Ukraine a special military operation, while Kyiv and its Western allies call it an unprovoked, imperialistic land grab. Western analysts have called the changes an escalation in Moscow's attempts to dissuade the West from expanding its military aid to Ukraine. The war in Ukraine has triggered the worst crisis in Moscow's relations with the West since the 1962 Cuban Missile Crisis.
Persons: Vladimir Putin, Dmitry Peskov, Joe Biden's, Volodymyr Zelenskyy, Putin, Peskov Organizations: Security, Kremlin, TASS, NATO, Reuters, Cuban Missile, Washington Locations: Constantine, Strelna, Saint Petersburg, Russia, Ukraine, Moscow, United States, The U.S, Korean, Washington, Kyiv
But many Syracuse residents feel that a potential threat to their health is being ignored. “This is morally outrageous.”City officials say that more than 14,000 homes receive water from lead pipes, which comprises about a quarter of residences citywide. In Syracuse, officials say there is no lead in the lake that provides drinking water to residents. That’s faster than EPA guidelines that call for lead pipes to be replaced within a decade. Activists hope Syracuse officials will learn lessons from the Flint water crisis, during which almost 30,000 children drank and bathed in lead-laced water before the EPA stepped in.
Persons: retesting, Maureen Murphy, Mike Groll, , Erik Olson, NRDC, Greg Loh, Loh, “ We’ve, ” Loh, Robert Brandt, ” Brandt, Oceanna, Fair, Ella, it’s, Dr, Nicole Brescia, Ella’s, Kyla Guilfoil, Erin McLaughlin, Emily Berk, Elizabeth Chuck Organizations: Syracuse City Hall, Environmental Protection Agency, Centers for Disease Control, CDC, EPA, Natural Resources Defense Council, Syracuse, NBC News, New York State Department of Health, Water, Oceanna, Health Department Locations: SYRACUSE, New York, Flint , Michigan, Syracuse, N.Y, Flint, Michigan, week’s, , Onondaga County
An Illinois woman is charged with hate crimes after allegedly attacking a man for wearing a Palestine hoodie at a suburban Chicago Panera Bread over the weekend. “Szustakiewicz was at the Panera Bread when she confronted and yelled expletives at a man regarding a sweatshirt he was wearing with the word Palestine written on it,” authorities said. DuPage CountySzustakiewicz allegedly committed a hate crime by “reason of perceived national origin” of the victims, the statement said. The woman then walks toward the woman holding the camera, and the man steps in between them, and pushes the woman, and both the man and the woman threaten to punch each other, according to the video. I was not able to do that simply because I was Palestinian.”The organization said the female victim was pregnant and called the suspect’s alleged behavior “shameful” and “abusive.”No one with Panera Bread was immediately reached for comment on Monday afternoon.
Persons: Alexandra Szustakiewicz, Robert Berlin, Michael DeVries, “ Szustakiewicz, expletives, Szustakiewicz, ” Szustakiewicz, DuPage County Szustakiewicz, , ” Berlin, , I’m Organizations: Downers Grove, Downers, Szustakiewicz, NBC News, Chicago Office, Islamic Relations, CAIR Locations: Illinois, Chicago, Darien , Illinois, DuPage County, Downer’s Grove, Downers Grove
KYIV, Ukraine — The Ukrainian capital was blanketed by darkness Monday, even as residents were bolstered by a sense that their American allies had — finally — seen the light. "It is excellent news for us and a significant move," Kyiv resident Maryna Vlasenko, 39, told NBC News. She also bemoaned the lengthy process and the continued limits on Ukraine's use of the long-range weapons, however. A charred vehicle sits outside a residential building in Sumy, Ukraine, after a Russian missile strike Sunday. “Ukrainians don’t have the luxury of waiting while Russia continues killing civilians in Mykolaiv, Sumy, and pushing on the eastern front,” he added.
Persons: , Joe Biden, Donald Trump, Maryna Vlasenko, ” Vlasenko, , Kyiv's, Kim Jong, Alfons Cabrera, Volodymyr Zelenskyy, Vlasenko, Dmitry Peskov, Biden, ” Trump’s, Mike Waltz, , John Hamilton, Michael Bociurkiw, “ They’re, ” Frank Ledwidge, Ledwidge, “ It's, Vladyslav Faraponov, Donald Trump’s, Faraponov, don’t, Daryna Mayer Organizations: Kremlin, NBC, Ukrainian Emergency, Getty, Army Tactical Missile Systems, White, Rossiyskaya Gazeta, Fox &, U.S . Army, Army Tactical Missile, Council’s Eurasia, England’s University of Portsmouth, Institute of American Studies Locations: KYIV, Ukraine, Russia, Russian, Odesa, Kursk, U.S, Moscow, Ukrainian, Sumy, Kyiv, Washington, Florida, AFP, , British, Mykolaiv, Hong Kong
The White House on Monday joined city, state and Jewish community leaders in Ohio condemning a small group who marched through Columbus on Saturday chanting racial slurs and white nationalist slogans while carrying Nazi flags. Neo-Nazis — their faces hidden behind red masks — roamed streets in Columbus today, carrying Nazi flags and spewing vile and racist speech against people of color and Jews," Ohio gov. Shannon Hardin, Columbus City Council president, said on X that the community "rejects their pathetic efforts to promote fear and hate," adding that he was in touch with law enforcement. Columbus City Attorney Zach Klein said on X he was also in contact with police over the march and said his office would monitor the group involved. "Take your flags and the masks you hide behind and go home and never come back," he said.
Persons: Biden abhors, Andrew Bates, Anne Frank, Mike DeWine, Shannon Hardin, Donald Trump, Trump, Karoline Leavitt, Zach Klein, Lee Shapiro, Shapiro, Christopher Pohlhaus, Oren Segal Organizations: Monday, NBC, North Arts, NBC News, Columbus City Council, , Columbus, American Jewish Committee, Trump, Nazi, ” Police, Defamation League Center, Extremism, New York Times, Hate Locations: Ohio, Columbus, United States, Michigan, Charlottesville , Virginia, Springfield , Ohio, Springfield, Louis
“My position in society, my nationality, is not sure, never sure, no matter what generation I am,” he told NBC News over the phone. “These boys and girls are fully aware of the current political climate,” he told NBC News. “Politicians should try to unite people instead of fueling polarization,” he told NBC News. “Amsterdam should be ashamed,” he said of the violence surrounding the the soccer game. “Apparently a Cabinet meeting is a comfortable place for these people to say their racist thoughts out loud,” Taibi said.
Persons: , , Taibi, can’t, Bram Beute, Schoof, Wilders, Francesca Albanese, Bert Klandermans, Steven Silvester, ” Silvester, Muhsin Köktas, Ruben Vis, ” Taibi, Freddie Clayton, Martijn van Delft Organizations: NBC News, United Nations Human Rights, , Vrije University, stoke, NBC, Centraal Locations: Amsterdam’s, Muslim Nieuw, West, Europe, France, Austria, Germany, Netherlands, Gaza, Amsterdam, Nieuw, Dutch, “ Amsterdam, London, Rijnsburg
AdvertisementHigh tariffs on China could prevent the US defense industry from getting needed supplies, a Beijing advisor said. "If those military enterprises do not have supply from China, they will not be able to continue with their production." The US defense sector will face big repercussions if Donald Trump launches tariffs against China, an advisor tied to Beijing's government said. AdvertisementTo be sure, it remains to be seen how Trump's tariff ideas actually pan out. So far, the defense sector appears distracted by other developments tied to Trump's presidency.
Persons: Donald Trump, Ding Yifan, Trump, Ding, Greg Hayes Organizations: Defense, State Council's Development Research Center, Financial Times, JPMorgan, Government, P Aerospace Locations: China, Beijing
BEIJING, CHINA - SEPTEMBER 04: Buildings and vehicles are seen in the central business district during the rush hour on September 4, 2020 in Beijing, China. China's finance ministry is planning to front-load part of the 2025 local government special bonds quota to meet funding needs for major infrastructure projects, state-backed The Securities Times reported on Monday. The State Council, China's cabinet, typically determines and issues an advance allocation of new local government debt quotas for the following year in the fourth quarter, depending on economic conditions, the report said. By the end of October, local governments had issued 3.9 trillion yuan ($539 billion) in new special bonds, almost completing debt issuance under the 2024 quota, the report added. Earlier this month, China unveiled a 10 trillion yuan debt package to ease local government financing strains and stabilise flagging economic growth, as it faces fresh pressure following the re-election of Donald Trump as U.S. president.
Persons: Donald Trump Organizations: Securities Times, State Council, Ministry of Finance, Beijing Locations: BEIJING, CHINA, Beijing, China
The grandaddy of gold ETFs turns 20. Today, for the first time, thanks to the World Gold Council and State Street, you are able to buy gold just like it's a stock." They could own gold mining stocks, but there was an imperfect relationship between gold and gold miners. When the gold ETF was intrduced 20 years ago, there was a very small investor base for gold. In 2014, Van Eck launched the VanEck Merk Gold ETF (OUNZ), which provides the option to redeem shares for physical gold , including gold coins and bars.
Persons: I've, George Milling, Stanley, GLD, Van Eck, George Milling Stanley, We've Organizations: New York Stock Exchange, World Gold Council, State, Investors, U.S . Equity, State Street Global Advisors, United States Oil Fund, Street Global Advisors, Street Global, World Gold, U.S ., Trump, Trust, Street, MiniShares, NYSE, SEC, Edge Locations: United States, London, India, China, Turkey
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