Page 36 - Donald Trump

Trump says Federal Reserve chair interviews done, has pick in mind

Trump's shortlist includes National Economic Council Director Kevin Hassett, BlackRock executive Rick Rieder, current Fed Governor Christopher Waller and a former governor, Kevin Warsh

US walks away from WHO leaving behind $260 million in unpaid dues

The withdrawal notice left the health organisation without its top donor. Between 2022 and 2023, the US contributed nearly $1.3 billion to the WHO

Venezuela's questionable oil reserve figures give Trump a talking point

South American nation's claim that it sits atop more than 300 billion barrels, 17 per cent of the world's total and surpassing even Saudi Arabia, has long been questioned by some industry experts

Trump returns to Washington from Davos, hails 'very special' Board of Peace

US President Donald Trump also said that the Greenland structure is being worked on, and it will be amazing for the US

Trump sues JPMorgan for $5 bn, alleges account closed for political reasons

President Donald Trump sued banking giant JPMorgan Chase and its CEO Jamie Dimon for USD 5 billion, accusing JPMorgan of debanking him and his businesses for political reasons after he left office in January 2021. The lawsuit, filed in Miami-Dade County court in Florida, alleges that JPMorgan abruptly closed multiple accounts in February 2021 with just 60 days notice and no explanation. By doing so, Trump claims JPMorgan cut the president and his businesses off from millions of dollars, disrupted their operations and forced Trump and the businesses to urgently open bank accounts elsewhere. "JPMC debanked (Trump and his businesses) because it believed that the political tide at the moment favoured doing so," the lawsuit alleges. In a statement, JPMorgan said that it "regrets" that Trump sued them but insisted they did not close the accounts for political reasons. "We believe the suit has no merit," a bank spokesperson said. "JPMC does not close accounts for political or religious ..

Trump calls for UN to work with new Board of Peace on Gaza, other conflicts

The reaction came after Trump formally launched the Board of Peace at the WEF, signing its charter and describing the move as a major step towards global conflict resolution

Trump admin halts use of human fetal tissue in NIH funded research

The Trump administration announced Thursday that human fetal tissue derived from abortions can no longer be used in research funded by the National Institutes of Health. The policy, long urged by anti-abortion groups, expands restrictions issued during President Donald Trump's first term. The government has funded research involving fetal tissue for decades, under both Republican and Democratic administrations. The tissue, which otherwise would be thrown away, has been critical for certain research, including ways to fight HIV and cancer. Opponents of fetal tissue use say there are now alternatives, although many scientists say there aren't always adequate substitutes. In a statement Thursday, NIH Director Jay Bhattacharya acknowledged the agency "has long maintained policies governing the responsible and limited use of human fetal tissue in biomedical research." Its use has declined since 2019. The USD 47 billion agency counted just 77 projects funded in 2024 that included fetal .

European pressure forced Trump to drop threats over Greenland: Macron

French President Emmanuel Macron on Thursday said that European pressure forced US President Donald Trump to back down from his threats to take control of Greenland, as EU leaders gathered to chart a new course in transatlantic relations. "Europe can make itself be respected, and that's a very good thing," Macron told reporters, as he arrived in Brussels for an emergency summit. "When we use the tools that we have at our disposal we get respect and that's what happened this week." On the eve of the EU meeting, Trump dramatically backed away from his insistence on "acquiring" Greenland, a semiautonomous territory of Denmark. For the first time, he said that he would not use force to seize the island. Trump also dropped his threat of slapping tariffs on European nations that support Denmark. The EU's tools included a nonaggressive deployment of a few dozen troops to Greenland on a reconnaissance mission to prepare for future exercises and to send Trump a message that Europe is taking

Trump admin to expand ban on foreign aid for groups supporting abortion

The Trump administration is expanding its ban on US foreign aid for groups supporting abortion services to include assistance going to international and domestic organisations and agencies that promote gender identity as well as diversity, equity and inclusion programmes. An administration official said Thursday that the State Department would release final rules that expand the scope of the "Mexico City" policy that has already severely reduced assistance to international organizations that provide abortion-related care. The policy was first established under President Ronald Reagan but rescinded by subsequent Democratic administrations. The new rules, first reported by Fox News, would halt foreign assistance from going toward not only groups that provide abortion as a method of family planning but also those that advocate "gender ideology" and DEI, according to the official, who spoke on condition of anonymity ahead of the rules' publication in the Federal Register on Friday. The

Zelensky criticises Europe's inaction against Putin during Davos address

Addressing the World Economic Forum in Davos on Thursday, Zelensky accused European rivals of failing to halt Russia's shadow fleet tankers

A sigh of relief for markets after Donald Trump U-turn on Greenland

Indian equities rose as global markets rebounded and Trump softened his tariff stance, with hopes of a US-India trade deal lifting the Sensex and Nifty by 0.5%

Silicon Valley pours out lobbying, cash & flattery to win over Trump

Altogether, the biggest tech and AI companies spent $109 million on lobbying last year, topping $100 million for the first time, according to Bloomberg News

A deal on ice: US President Trump dials back Greenland rhetoric in Davos

Trump's Greenland gambit may have paused in Davos, but it signals a deeper erosion of the rules-based order as great powers test how far coercion can go

US scraps multimillion-dollar solar projects in Puerto Rico amid grid woes

The administration of US President Donald Trump has cancelled solar projects in Puerto Rico worth millions of dollars, as the island struggles with chronic power outages and a crumbling electric grid. The projects were aimed at helping 30,000 low-income families in rural areas across the US territory as part of a now-fading transition toward renewable energy. In an email obtained by The Associated Press, the US Energy Department said that a push under Puerto Rico's former governor for a 100 per cent renewable future threated the reliability of its energy system. "The Puerto Rico grid cannot afford to run on more distributed solar power," the message states. "The rapid, widespread deployment of rooftop solar has created fluctuations in Puerto Rico's grid, leading to unacceptable instability and fragility." Javier Rua Jovet, public policy director for Puerto Rico's Solar and Energy Storage Association, disputed that statement in a phone interview Thursday. He said that some 200,000

Trump claims 'total access' to Greenland; NATO urges allies to step up

Trump's U-turn had triggered a rebound in European markets but also raised questions about how much damage had already been done to transatlantic ties and business confidence

Russia, US, Ukraine to meet in UAE: Zelenskyy after meeting Trump in Davos

US President Donald Trump on Thursday said he had a good meeting with Ukrainian President Volodymyr Zelenskyy, and his message to Russian President Vladimir Putin is that "war has to end". Replying to media queries before leaving Davos, Trump said a US delegation will be meeting Putin today or tomorrow. "I met President Zelenskyy here; the meeting was good. We (US delegation) are meeting President Putin today or tomorrow," he said. Asked what would be his message to Putin, Trump said, "The war has to end. A lot of people have been killed".

Trump launches Board of Peace, says it'll work with UN on global conflicts

Trump, who will chair the Board of Peace, invited dozens of world leaders to join the initiative, arguing that it should address conflicts beyond Gaza while working alongside the United Nations

Putin says Russia ready to send $1 billion to Trump's Board of Peace

Russia, which has not formally joined Trump's Board of Peace for Gaza, said it is prepared to contribute $1 billion to support the Palestinian people through the US president's initiative

Sovereignty non-negotiable, says Denmark after Trump claims Greenland deal

Denmark's prime minister insisted that her country can't negotiate on its sovereignty on Thursday after US President Donald Trump said he agreed on a "framework of a future deal" on Arctic security with the head of NATO, and she has been "informed that this has not been the case." Trump on Wednesday abruptly scrapped the tariffs he had threatened to impose on eight European nations to press for US control over Greenland, a semiautonomous territory of NATO ally Denmark. It was a dramatic reversal shortly after he insisted he wanted to get the island "including right, title and ownership." He said "additional discussions" on Greenland were being held concerning the Golden Dome missile defence programme, a multilayered, USD 175 billion system that for the first time will put US weapons in space. Trump offered few details, saying they were still being worked out. Danish Prime Minister Mette Frederiksen said in a statement that security in the Arctic is a matter for all of NATO, and it i

What happens to Greenland 'not our concern': Russian President Putin

Commenting on Denmark's treatment of Greenland, Putin said Denmark has treated Greenland like a colony for many years and has often been harsh towards it