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Ikea warns Trump’s tariffs could push up prices
  + stars: | 2024-11-27 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +4 min
“We have never experienced a period of benefit when we had high tariffs,” he said, referring both to Ikea and the global economy. We will need to understand and adapt.”On Monday, President-elect Trump promised massive hikes in tariffs on goods coming from Mexico, Canada and China. The bulk of Ikea’s goods — some 70% — are produced in Europe, with the remaining 30% made in Asia, mostly China. Last year, Ikea cut prices on roughly 2,000 products — at a cost of more than €2 billion ($2.1 billion) — to give inflation-weary consumers a break. Ikea's Frakta bag displayed in Munich during a celebration of the brand's 50th anniversary in Germany on October 17, 2024.
Persons: Donald Trump’s, ” Jesper Brodin, , Trump, Claudia Sheinbaum, Tom Madrecki, General Mills, Molson, Ikea’s Brodin, Hus, Johannes Simon Organizations: London CNN, Ingka, CNN, Ikea, Consumer Brands Association, Molson Coors, Oxford Locations: Mexico, Canada, China, United States, Europe, Asia, Munich, Germany, Wembley, Croydon, London
It is also obvious that we must stop buying Chinese drones and Chinese drone parts," Trump Jr. said in a statement. In the same S-1 statement, Unusual Machines disclosed that Trump Jr. had previously owned 331,580 shares of Unusual Machines before a share offering detailed in the statement, and currently owns no shares. The statement does not disclose the price paid by Trump Jr. for his shares, or what price he sold them at. Unusual Machines shares' 52-week low is 98 cents per share. Volume was heavy Wednesday morning, with more than 13.5 million shares trading hands.
Persons: Evans, Don Jr, Allan Evans, Trump, Jeffrey Thompson Organizations: Company, USA, Machines, Trump Jr, Securities and Exchange Commission, SEC Locations: Orlando , Florida, America, China
It involves the release of at least one Chinese prisoner in the United States, two of the officials said. A State Department official in Washington confirmed the names of the Americans being released but would not give further details. During the negotiations, multiple American officials said they were in discussions about releasing Xu Yanjun, a Chinese intelligence officer serving prison time in the United States. custody.”Mr. Xu was the first Chinese spy officer indicted and arrested overseas and brought to trial in the United States, according to the Justice Department. China does not typically do prisoner swaps, said John Kamm, the founder of the Dui Hua Foundation, a human rights group in San Francisco.
Persons: Xu Yanjun, Xu, ” Mr, John Kamm, Joe Biden, Donald Trump, Organizations: State Department, of Prisons, Justice Department, Hua Foundation Locations: China, Suzhou, United States, Washington, B.O.P, San Francisco
CNN —A stowaway evaded multiple airport security checkpoints and flew aboard a Delta Airlines flight from New York to Paris Tuesday evening, authorities said – a shocking breach that raised serious alarm over airport security. Passengers weren’t alerted to the stowaway on Delta flight 264 from New York’s JFK International Airport to Paris Charles de Gaulle Airport until the plane landed in Paris, said Rob Jackson, who was a passenger on the flight. “Apparently, she hid in a lavatory all the way at the rear of the aircraft when we departed JFK,” Jackson told CNN. She has a Russian passport and will soon be sent back to the United States, according to an airport official in Paris. “Nothing is of greater importance than matters of safety and security,” a Delta spokesperson said in a statement.
Persons: , Passengers weren’t, Paris Charles de Gaulle, Rob Jackson, ” Jackson, , , ’ ”, Jackson, CNN Jackson, Charles de Gaulle, ” JP Tristani, Saskya Vandoorne Organizations: CNN, Delta Airlines, US Transportation Security Administration, TSA, Passengers, New York’s JFK, FBI, Delta, WABC Locations: New York, Paris, New, JFK, Russian, United States, Europe, France
In 2023, the US was South Korea’s second-largest export market after China, with $116 billion of goods traded. But Trump’s planned tariffs on Chinese goods could also benefit some countries in Southeast Asia as factories may relocate from China to other places in the region. Shoe seller Steve Madden announced earlier this month that it will halve its Chinese production to avoid Trump’s tariffs, and it will be sourcing from Cambodia, Vietnam, Mexico and Brazil, among other countries. In 2023, the US was the number one recipient of exports from China, Vietnam, Thailand, India and Japan. In the first nine months of 2024, the United States’ largest trade deficit was with China.
Persons: Donald Trump, Steve Madden, Trump, , Philip Daniele, — CNN’s Rachel Wilson Organizations: Hong Kong CNN —, Malaysia, US Locations: Hong Kong, Mexico, Canada, China, United States, Asia, South, Southeast Asia, Cambodia, Vietnam, Brazil, Thailand, India, Japan, South Korea, Indonesia, Singapore
AdvertisementA "Ferris Bueller's Day Off" scene is going viral amid Donald Trump's new tariff threats. A scene from "Ferris Bueller's Day Off" is having a viral moment after President-elect Donald Trump announced new tariff plans. AdvertisementIn the scene, Bueller's economics teacher explained that the Hawley-Smoot Tariff was a Republican-backed act that raised tariffs on imported goods. Advertisement"I've never actually processed what was being said by the teacher in this scene until this moment," a comment under the "Ferris Bueller's Day Off" clip read on one post. The clip has struck a chord among social media users worried about the economy under Trump's proposed tariffs.
Persons: Ferris, Donald Trump's, Trump's, Donald Trump, Ben Stein, they're, Hawley, Smoot, Claudia Sheinbaum Pardo, I've, he's Organizations: Trump, Republican Locations: Mexico, Canada, United States
CNN —President-elect Donald Trump’s choice of Robert F. Kennedy Jr. to lead the US Department of Health and Human Services sent a shudder through the global health community. The US is the world’s largest funder of global health programs, according to the nonprofit health policy and research group KFF. Global health is really strategic investment,” del Rio added, saying he hoped Kennedy would find a way to maintain those investments. About half of the nation’s global health budget is spent on HIV/AIDS prevention and treatment, according to KFF. Worldwide, measles cases rose 20% from 2022 to 2023, according to the latest report from the World Health Organization.
Persons: Donald Trump’s, Robert F, Kennedy Jr, Kennedy, hasn’t, , Richard Carmona, George W, Bush, , ” Carmona, Carlos del Rio, thimerosal, Joe Rogan, “ There’s, Kathleen Sebelius, Barack Obama, Peter Hotez, Trump, — Hotez, Rachel, Hotez, ” Hotez, Anthony Fauci ”, Fauci, Mary Holland, , It’s, ” Sebelius, Sebelius, doesn’t, Lawrence Gostin, Peter Kotlar, Robert Fico, ” Kennedy, Kennedy’s, Gostin, ” Gostin, Dr, Sanjay Gupta, ” Holland, can’t Organizations: CNN, US Department of Health, Human Services, HHS, US Centers for Disease Control, National Institutes of Health, Emory University, , Health Defense, US Food, CDC, Baylor College of Medicine, NIH, NBC News, Children’s Health Defense, World Health Organization, United States, US State Department, WHO, Georgetown University, Slovak, covid, Get CNN, CNN Health, Trump, pandemics Locations: Rio, United States, India, Africa, United, Geneva
The US government tracks what percentage of each car’s parts is made “domestically.” But under current trade law, both Canadian-made parts and US-made parts are counted as the same domestic content. “Yes, it’s America’s truck, assembled in America, but not with American parts,” Ivan Drury, director of insights for Edmunds, told CNN. Domestic parts could be tough to findFinding domestic supplies for many of the imported car parts would be difficult. Even if an American parts supply could be found, in most cases it would be more expensive. Fewer imported cars would raise all pricesTariffs on imported vehicles likely would also lead to higher prices on cars that are assembled here, since it would limit the supply of vehicles in the US market.
Persons: Donald Trump, Trump, aren’t, Bill Clinton, Bill Pugliano, Honda, , it’s, ” Ivan Drury, Edmunds, Jeff Schuster, GlobalData, , Drury, “ You’re Organizations: New, New York CNN, GM, Ford, Jeep, Dodge, Chrysler, Toyota, Honda, Tesla, Hyundai, Kia, Nissan, Mazda, Subaru, CNN, Chevrolet Blazer, Chevrolet Silverado Locations: New York, Mexico, Canada, American, United States, China, Lincoln , Alabama, Dearborn , Michigan, Michigan, Missouri, America, Saltillo , Mexico
Trump puts inflation on the agendaThe inflation risk stalking the markets eased over the summer, but it never really went away. It’s front and center again as investors contend with a Trumponomics crackdown on immigration, a rising trade-war risk and a potential bonanza of tax cuts. An important inflation measure comes out at 10 a.m. Eastern: the Personal Consumption Expenditures index report. Economists fear that it could add bottlenecks and costs to supply chains and reignite inflation, and that it could scramble the Fed’s policy on interest rates. next year would jump by an additional 1.1 percentage points if the Trump tariffs were fully enacted.
Persons: Trump, Donald Trump’s Organizations: United States ’, Deutsche Bank Locations: Canada, China, Mexico, United States
JPMorgan upgrades Martin Marietta Materials to overweight from neutral JPMorgan says the building materials company is well positioned. JPMorgan reiterates HP Inc. as overweight JPMorgan says it's standing by the stock following earnings on Tuesday. Bank of America reiterates CrowdStrike as buy Bank of America says trends are improving for CrowdStrike following earnings on Tuesday. Citi upgrades Urban Outfitters to buy from neutral Citi upgraded the stock following earnings and says it likes the retailer's execution. HSBC downgrades CrowdStrike to hold from buy HSBC downgraded CrowdStrike following its earnings and says it sees "limited near-term visibility."
Persons: Goldman Sachs, Goldman, Piper Sandler, Baird, it's bullish, Daiwa, Datadog, CrowdStrike, Bernstein Organizations: Dell Technologies, DELL, JPMorgan, Martin Marietta Materials, HP Inc, Holdings, Disney, DIS, Bank of America, Nvidia, Citi, Urban Outfitters, UBS, Goods, HSBC, CrowdStrike, Ford, General Motors
Oil prices steadied in early trade on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah, and ahead of Sunday's OPEC+ meeting. Both benchmarks settled lower on Tuesday after Israel agreed to a ceasefire deal with Lebanon's Hezbollah. Israeli Prime Minister Benjamin Netanyahu said he was ready to implement a ceasefire deal with Lebanon and would "respond forcefully to any violation" by Hezbollah. Crude oil would not be exempt from the trade penalties, two sources familiar with the plan told Reuters on Tuesday. Meanwhile, U.S. crude oil stocks fell while fuel inventories rose last week, market sources said, citing API figures on Tuesday.
Persons: Israel, Joe Biden, Benjamin Netanyahu, Hiroyuki Kikukawa, Donald Trump Organizations: Hezbollah, Brent, U.S, West Texas, Lebanon's Hezbollah, NS, Nissan Securities, Organization of, Petroleum, Reuters Locations: Israel, United States, France, U.S, Lebanese, Gaza, Lebanon, China, OPEC, Russia, Mexico, Canada
But if Mr. Kennedy is confirmed to lead the Department of Health and Human Services, several of his key priorities may run counter to those of an administration with a game plan bent on deregulation. Mr. Trump’s choice for White House chief of staff, Susie Wiles, comes from a lobbying firm that represented the very industries that Mr. Kennedy hopes to disrupt. When it comes to tearing down corporate capture among the giants — Big Pharma, Big Ag, Big Food, among others — Mr. Kennedy’s ideas echo those of some of the incoming Trump administration’s loudest critics. Michelle ObamaMr. Kennedy, who recently criticized Mr. Trump’s penchant for fast food, has been clear about his plans to go after ultra-processed foods that contribute to the growing rates of diabetes and obesity in the United States. Those goals sound familiar to anyone who lived through the Obama administration, when Michelle Obama started the Let’s Move!
Persons: Donald J, Trump, Robert F, Kennedy Jr, Kennedy, Susie Wiles, Michelle Obama Mr, Obama, Michelle Obama Organizations: Department of Health, Human Services, White House, Democratic Party, — Big Pharma, Big, Food, Trump Locations: United States
Donald Trump’s Immigration Plans
  + stars: | 2024-11-27 | by ( German Lopez | ) www.nytimes.com   time to read: +1 min
That’s about how many unauthorized immigrants Donald Trump hopes to remove from the country: 11 million people in all. The Morning is running a series on the policies that Trump and his congressional allies will try to implement next year. A huge operationWe already know the broad contours of Trump’s plan. He wants to use the military and law enforcement to detain the millions of people who are in the United States illegally. Finally, it will fly undocumented migrants to their home countries or other places that agree to take them.
Persons: Donald Trump, Trump Locations: Chicago, United States
CNN —Syrian rebels have launched a large-scale attack on regime forces in western Aleppo, according to a Free Syrian Army source and local residents, marking the first major flare-up in years between both sides. Rebels seized 13 villages, including the strategic towns of Urm Al-Sughra and Anjara, as well as Base 46, the largest Syrian regime base in western Aleppo, according to a Wednesday statement by opposition factions. It added that 37 people from the regime forces and allied militia were killed in the offensive. Wednesday’s surprise attack marks the first significant conflagration between Syrian rebels and the regime since March 2020, when Russia and Turkey mediated a ceasefire agreement in the country. The opposition factions conducting the offensive range from Islamic groups to the moderate Free Syrian Army, which was previously supported by the US and Turkey.
Persons: Bashar al, Assad, , Russia – Organizations: CNN, Free Syrian Army, Assad . Rebels, Military Operations Command, United Nations Locations: Aleppo, Syrian, Urm, Russia, Turkey, Anjara, , New Aleppo, Syria, Saudi Arabia, Iran, United States
CNN visited the border town of Shtula on Wednesday just hours after the ceasefire took effect. The town is one of the most dangerous places in northern Israel, having faced the threat of Hezbollah’s anti-tank missiles for months. Jalaa Marey/AFP/Getty ImagesOra Hatan, who remained in her home in Shtula, said the morning of the ceasefire deal was “unusual” after months of relentless artillery fire. Hatan’s fears have not, however, subsided with the ceasefire deal. Israeli President Isaac Herzog said the Lebanon ceasefire deal needs to ensure the safety of residents in northern Israel.
Persons: Israel CNN —, Shtula, Jalaa Marey, Ora Hatan, ” Hatan, , we’re, , Hatan, Joe Biden, Israel “, Isaac Herzog, Guy Amilani, Eilon, Amir Levy, , Benjamin Netanyahu, Kiryat, Avihay Shtern, there’s, Netanyahu, Shtern –, ” “, ” Shtern, Shtern, Ronen Zvulun, ” Ori Eliyahu, ” Eliyahu Organizations: Israel CNN, CNN, Getty, United Nations Security, Lebanese, UN, Lebanese Ministry of Public Health, Hezbollah, Reuters Locations: Israel, Lebanon, United States, Shtula, Lebanese, Galilee, AFP, Beirut, Nahariya, Kiryat Shmona, Israel’s, Gaza, Israeli, Iran
But if she had to pick between sweet potato and pumpkin — the two autumnal pies that have come to define the Thanksgiving season — the choice is a simple one: Sweet potato. But in many homes, particularly African American ones, sweet potato pie remains supreme. This abundance of sweet potatoes, both in pastry and other forms, led to sweet potato pie entering the soul food canon. Illustration by Leah Abucayan/CNNThe importance of sweet potato pie to African Americans has continued through generations. A few decades later, Georgia Gilmore sold sweet potato pies, and other food, to help fund the Montgomery Bus Boycott.
Persons: Debra Freeman isn’t, ” Freeman, , it’s, Abraham Lincoln, didn’t, Southern pushback, Freeman, Sarah Josepha Hale, , Hale, Leah Abucayan, Sarah O’Brien, O’Brien, ” O’Brien, I’ve, KC Hysmith, Christopher Columbus, Shakespeare, Hysmith, ” Hysmith, Adrian Miller, Michael Twitty, George Washington Carver, Miller, Georgia Gilmore, Michael Brown, Rose McGee, ” McGee, Organizations: CNN, , Montgomery Bus, Twin Cities PBS Locations: Southern, Lincoln, “ Northwood, New England, Atlanta, Ohio, United States, White, Europe, Central, South America, England, North Carolina, California, Mississippi, American, West Africa, Ferguson , Missouri, Minnesota, Texas
He raised no substantive concerns about Trump’s proposals to deport migrants, despite Pope Francis making welcoming migrants a persistent theme of his pontificate. Simone Risoluti/Vatican Media/ReutersThe different responses point to the challenge facing Pope Francis and the Vatican as it seeks to navigate the second Trump presidency. Robert Nickelsberg/Getty ImagesTrump and Francis divided on key issuesNevertheless, Trump and Pope Francis’ visions couldn’t be further apart. While Trump proposes mass deportations of migrants, Francis describes driving migrants away as a “grave sin” and their exclusion “criminal”. While the Biden administration and the pope had their differences, Francis and the Catholic president had a warm relationship.
Persons: Donald Trump’s, Timothy Broglio, Broglio, Pope Francis, Cardinal Pietro Parolin, Trump, Parolin, , Volodymyr Zelensky, State Cardinal Pietro Parolin, Simone Risoluti, Francis, Kamala Harris, Joe Biden, Robert Nickelsberg, Pope Francis ’, couldn’t, Pope, Mike Pompeo, Fr, James Martin, Jose Luis Gonzalez, Harris, , JD Vance, ” Mary Jo McConahay, , McConahay, Reagan, Martin, John Paul II, Benedict XVI, ” Martin, Donald Trump, Melania, Alessandra Tarantino, ” McConahay, Francis ’, ” David Gibson, Gibson, It’s, Antony Blinken, Biden, Blinken Organizations: CNN, Catholic Church, United States Catholic Bishops ’, Word Television Network, Trump, Catholic, State, Vatican Media, Franciscan Friars, “ America, Reuters, Catholic Bishops, autocrats, Washington DC, Francis, Los, Religion, Culture, Fordham University Locations: Michigan, Pennsylvania, Arizona, Wisconsin, New York City, China, Vatican, Beijing, Ukraine, Mexico, Ciudad Juarez, Trump, Central America, Los Angeles, Fordham University , New York
Mexico’s president, Claudia Sheinbaum, spoke to President-elect Donald J. Trump on Wednesday afternoon, and both later characterized their discussion as positive while providing different descriptions of what Mexico is doing to stave off a potential tariff war. While Mr. Trump posted on social media that Mexico had agreed to stop migration to the United States through Mexico, “effectively closing our Southern Border,” Ms. Sheinbaum limited her description of the migration-related issues they had discussed to migrant caravans no longer reaching the border with the United States. Still, Ms. Sheinbaum, who earlier in the day had made clear that Mexico would impose retaliatory tariffs in response to similar measures threatened by Mr. Trump, seemed to ease tensions by saying the exchange was “excellent.”“I had an excellent conversation with President Donald Trump,” she wrote on social media. “We addressed Mexico’s strategy regarding the migration phenomenon, and I shared that caravans are no longer reaching the northern border as they are being addressed within Mexico.”
Persons: Claudia Sheinbaum, Donald J, Trump, , Ms, Sheinbaum, Donald Trump, Organizations: Mr Locations: Mexico, United States
CNN —Three Americans who had been detained in China for years have been released in a prisoner swap between Washington and Beijing. On Wednesday, the US also lowered its travel advisory level to Level 2: Exercise increased caution for mainland China. “Thanks to this Administration’s efforts and diplomacy with the PRC, all of the wrongfully detained Americans in the PRC are home,” the spokesperson said Wednesday. Li and Swidan had been designated as wrongfully detained by the US State Department. Another wrongfully detained American, David Lin, was freed from China in September.
Persons: Mark Swidan, Kai Li, John Leung, , Li, Swidan, David Lin, Donald Trump, Biden, Joe Biden, Antony Blinken, Jake Sullivan, Harrison Li, Kai Li’s, it’s, Mark Swidan’s, Katherine Swidan, Leung, CNN’s Evan Perez Organizations: CNN, National Security, Politico, US State Department, Embassy Locations: China, Washington, Beijing, People’s Republic of China, , United States
The kindergartener was already wearing high heels and following the footsteps of her beauty queen mother, Patricia “Patsy” Ramsey, a former Miss West Virginia. A cryptic ransom note and a grisly discoveryThe morning after Christmas, Patsy Ramsey went to the kitchen to make coffee. It demanded a peculiar amount of money – $118,000 – the same amount John Ramsey received for his Christmas bonus as president of Access Graphics. A grieving father’s relentless search for justiceSince Patsy Ramsey passed away 18 years ago, John Ramsey has remarried and moved to Utah. Helen H. Richardson/The Denver Post/Getty ImagesDespite helping with the Netflix documentary, John Ramsey said he doesn’t intend to watch it.
Persons: JonBenét Ramsey, JonBenét’s, John Bennett Ramsey, ” Ramsey, Joe Berlinger, , Berlinger, JonBenét, Little Miss Colorado, Patricia “ Patsy ” Ramsey, Burke, Patsy Ramsey, Patsy Ramsey’s notepad, John Ramsey, Karl Gehring, ” John Ramsey, , ” JonBenét, Patsy Ramsey’s, it’s, Patsy, , CNN’s Kate Bolduan, they’ve, JonBenet, Steve Redfearn, Ramsey, Boulder Police Department —, , , John, Alex Hunter, ” Stan Garnett, Angela Williamson, Burke Ramsey, Patsy Ramsey didn’t, johns, Williamson, ” Williamson, John Mark Karr, Karr, SAEED KHAN, JonBenet Ramsey, Michael Dougherty, ” Berlinger, Helen H, Richardson, I’ve, Jan, It’ll, ’ ” Ramsey, Julie, Faith Karimi, Eric Levenson, Andi Babineau Organizations: CNN, Netflix, Little Miss, Little Miss Colorado ., Little Miss Colorado . Little Miss, Little Miss Colorado . Little Miss Charlevoix . Colorado State, Royale Miss, Miss, Access Graphics, Police, Boulder Police, Boulder, Boulder Police Department, Colorado Cold Case, Colorado Bureau, Boulder Daily Camera, DA, Technicians, Thai Immigration Department, Getty, Denver Post Locations: Colorado, Little Miss Colorado . Little, Little Miss Colorado . Little Miss Charlevoix . Colorado, Royale, Miss West Virginia, Boulder , Colorado, , Boulder, Boulder County, JonBenét’s, Bangkok, Thailand, AFP, SARTIN, Utah
The lawsuit said Shen Yun has made hundreds of millions of dollars by exploiting young dancers it recruits from abroad, forcing them to work grueling hours and scaring them into thinking they’d face harm if they quit. According to the website, Shen Yun, along with Fei Tian Academy of the Arts and Fei Tian College — which were also named as defendants — were founded by followers of the Falun Gong faith. After the first year, she was paid $500 a month until she “graduated” from Fei Tian College in 2019, when her salary was raised to $1,000 a month, according to the lawsuit. The lawsuit said she contracted measles when she was 14 but was not permitted to see a doctor. Instead, the lawsuit said, she was told to meditate to feel better and was required to work while she recovered.
Persons: Shen Yun, Chang Chun, Chang, Shen Yen, Organizations: White Plains , New York AP, Shen Yun Performing Arts, Chinese Communist Party, CCP, New York State Department of Education, New, New England Commission, Higher, Fei Tian Academy of, Arts, Fei Tian, Radio City Music Hall, Fei Tian College Locations: White Plains , New York, White Plains, Dragon Springs, Cuddebackville , New York, New England, Manhattan, United States, Taiwan
The yellow arrow and palm trees may not be as globally recognizable as McDonald's golden arches, but California-based burger chain In-N-Out Burger has still managed to amass a cult following with its "animal-style" fries and double-double burgers. It brings in an estimated $2.1 billion a year, according to food service consulting firm Technomic. He adds that the chain has the highest sales per store in the burger segment. Despite inflation, the price of a basic burger at In-N-Out has only increased by 25% since 2020 — the lowest increase amongst nine burger joints studied by Technomic. Learn how to earn passive income online, master your money, ace your job interview and salary negotiations, and become an effective communicator.
Persons: Burger, Harry, Esther Snyder, Kevin Schimpf, it's, Esther's, Lynsi Snyder, Stacy Perman, Perman Organizations: Technomic, Forbes, CNBC Locations: California, Baldwin Park , California, U.S
CNN —The chief prosecutor of the International Criminal Court (ICC) is seeking an arrest warrant for Myanmar’s military leader for crimes committed against the persecuted Rohingya minority group. As a result of the violence, the ICC estimated that more than one million Rohingya were forcibly displaced from Myanmar — many fleeing to neighboring Bangladesh. Min Aung Hlaing is the leader of Myanmar’s powerful military, known as the Tatmadaw, which seized power in 2021. But even If the warrant is approved, the ICC could be limited in its jurisdiction as Myanmar is not among the 123 member states of the court. However, member countries could be obligated to transfer Min Aung Hlaing into ICC custody if he enters their territory after the warrant is issued.
Persons: Karim Khan, Min Aung, , ” Khan, Khan, Ra’ad Al Hussein Organizations: CNN, Criminal Court, ICC, police, Rights Watch, United Nations, Human Rights, International Court of Justice Locations: Myanmar, Bangladesh, Bazar
The New Zealand dollar rose after the Reserve Bank of New Zealand cut benchmark rates by 50 basis points to 4.25% while noting that inflation had declined to near the mid-point of its targeted range. "This uncertainty can lead markets to 'sell first and ask questions later' which is a positive for the USD." The Australian dollar was mostly flat at $0.64755 after domestic consumer price inflation stayed at a three-year low in October. In cryptocurrencies, bitcoin was trading at $91,795, keeping well below the record high of $99,830 it touched last week. It has climbed more than 40% since the U.S. election on expectations Trump will loosen the regulatory environment for cryptocurrencies.
Persons: Donald Trump's, Trump's, Trump, Carol Kong, Joe Biden, Scott Bessent, bitcoin, Bitcoin Organizations: U.S, New Zealand, Reserve Bank of New, jittery, Commonwealth Bank of Australia, Canadian, Treasury, Trump Locations: Reserve Bank of New Zealand, Canada, Mexico, China, United States, U.S, Israel, Iran, France, Israeli, Trump's
— As President-elect Donald Trump’s incoming administration solidifies its plan for mass deportations, local law enforcement agencies are preparing to ramp up a controversial program that allows them to partner with Immigration and Customs Enforcement. It authorizes ICE to delegate to state and local law enforcement officers the ability to perform certain functions of an immigration officer. According to ICE, as of May 2024, law enforcement agencies in 21 states participated in the program. Other critics have also said the 287(g) program merely serves as a political messaging tool for conservative sheriffs. Earlier this month, the Los Angeles City Council passed an ordinance that prohibits the use of city resources in immigration enforcement.
Persons: BEL, Donald, Tom Homan, , “ We’re, ” Homan, Trump’s, , Bill Clinton, Jeffrey Gahler, ’ ” Gahler, they’re, — they’re, they’ve, Rachel Morin, Victor Martinez Hernandez, he’s, Patty Morin, Samuel Page, Page, Joe Biden’s, Biden, ” Page, Todd Shulte, Jason Houser, Mike Johnston, he’d, Harris, Trump, Karoline Leavitt, Christopher Crespo Organizations: BEL AIR, Immigration, Customs Enforcement, ICE, NBC News, ICE detainers, Democrats, American Civil Liberties Union, ACLU, Los Angeles City Council, Trump, Denver, Locations: Md, , Texas, Harford County , Maryland, El Salvador, Maryland, Rockingham County , North Carolina, It’s, Mecklenburg County, America, Trump’s, Massachusetts
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