Page 31 - Us Elections

March Fed pivot ruled out, May rate cut less likely: Vikram Sahu

Sahu says the US elections and Fed pivot will benefit emerging markets (EMs) this year

Stalled US aid for Ukraine shows GOP's shift away from confronting Russia

At about 2 a.m. last Tuesday, Republican Sen. Ron Johnson of Wisconsin stood on the Senate floor and explained why he opposed sending more aid to help Ukraine fend off the invasion launched in 2022 by Russian President Vladimir Putin. I don't like this reality," Johnson said. Vladimir Putin is an evil war criminal. But he quickly added: Vladimir Putin will not lose this war. That argument that the Russian president cannot be stopped so there's no point in using American taxpayer dollars against him marks a new stage in the Republican Party's growing acceptance of Russian expansionism in the age of Donald Trump. The GOP has been softening its stance on Russia ever since Trump won the 2016 election following Russian hacking of his Democratic opponents. There are several reasons for the shift. Among them, Putin is holding himself out as an international champion of conservative Christian values and the GOP is growing increasingly sceptical of overseas entanglements. Then there's ...

US cannot be the last nation to ban Chinese app TikTok, says Nikki Haley

Describing Chinese-owned app TikTok as dangerous, Republican presidential aspirant Nikki Haley has said that when countries like India and Nepal have banned this social media platform, the US cannot be the last nation to do the same. What everybody needs to know is China is controlling all of that, Haley, the Indian-American former US Ambassador to the UN, said during a Fox News town hall. If you want to know how it affects you, just imagine by having that app on your phone, China can now see your finances, they can now see who your contacts are. They can see what you click on, why you click on it and how it affects you. They can impact what you see. And they can impact what you hear. That is the dangerous part of TikTok, Haley, 52, said on Sunday. And India has banned it. You had Nepal just banned it because it was causing social disruption. America can't be the last country to ban TikTok. Let's end it now and stop it so it doesn't hurt our children any further, Haley said in ...

US electoral financing based on pvt fundraising, transparency: Top official

America's electoral financing system is based on private fundraising and emphasis on transparency, with a candidate allowed to accept up to USD 3,300 from any individual while the limit for party committees is USD 41,300, according to a top US Federal Election Commission official. Ellen L Weintraub, Vice Chair of the US's Federal Election Commission, spoke to PTI in an interview taken following the recent landmark ruling by India's Supreme Court to scrap the central government's electoral bonds scheme of anonymous political funding, calling it "unconstitutional" and ordering disclosure of the bond's donors, amount and recipients by March 13. We have a system that is based on private fundraising, but public transparency. Most of the money is raised privately, but it does have to be disclosed on a regular basis, Weintraub said. The Federal Election Commission (FEC) is the independent regulatory agency charged with administering and enforcing the federal campaign finance law. The FEC,

US elections 2024: Donald Trump clinches victory at Virgin Islands caucus

Donald Trump amassed another win at a Republican caucus held Thursday in the U.S. Virgin Islands, where officials flouted several GOP party rules, including holding the contest earlier than allowed. The caucus is the third Republican contest held this election season with delegates at stake, with Trump receiving 73.98% of the votes and Nikki Haley 26.02%. I want to thank you all. We had a tremendous victory, Trump said in brief remarks by phone to those who gathered in St. Thomas to hear the results. We expected to win, but we didn't expect to win by that much. You are incredible people I will never forget. Voters in St. Croix, St. Thomas and St. John flocked to a variety of venues, including a rum bar, to nominate their candidate using ranked-choice voting. 'The weather is terrible, but we've had a great turnout, said Valerie Stiles, a 71-year-old who works in retail sales and voted early on Thursday. Stiles, who has lived 31 years on St. Croix, said many voters are angry about l

Biden wins primary in Nevada, while votes still being counted for GOP race

Nevada's dueling presidential caucuses and primaries this week are creating confusion among voters, and those who cast ballots in the first contest Tuesday had the option of supporting none of these candidates. Nikki Haley ran in Tuesday's Republican primary, which won't count for the GOP nomination, while Donald Trump is the only major candidate in Thursday's Republican caucuses, which does. The split races have undercut the influence of the third state on the GOP calendar. It also may have brought a ho-hum approach to Tuesday's contests, where the day started with lower-than-expected voter turnout. In the first two hours after polls opened, officials said 183 people had voted in person in Washoe County, the state's second-largest county by population. In Clark County, home to Las Vegas and Nevada's most-populated county, 2,298 people voted in person during the same two-hour period. Nevada voters also have the option to vote by mail or before election day. There was also a Democrat

He's not for anything; he's against everything: Biden slams Trump in speech

"The American people get it. They understand what's going on," he said during the speech

Biden wins South Carolina's Democratic primary, gears up for reelection bid

President Joe Biden has won South Carolina's Democratic primary, notching an overwhelming 2024 victory in the state that vaulted him to the White House four years ago. Biden on Saturday defeated the other longshot Democrats on South Carolina's ballot, including Minnesota Rep. Dean Phillips and author Marianne Williamson. The president's campaign had invested heavily in driving up turnout for Biden, aiming to test-drive efforts to mobilize Black voters, who are a key part of the Democratic vote in South Carolina and central to Biden's strategy for victory in November.

Donald Trump races toward 2024 Biden rematch after New Hampshire win

The back-to-back wins put Trump on track to deliver a knockout blow to Haley next month in her home state of South Carolina and turn his attention to all-but-certain rematch with President Joe Biden

Equity, money markets in the US remain polarised, says Chris Wood

Another key development in the US, that the global equity markets would eye over the next few months, is how the political landscape shapes up ahead of the presidential elections

Donald Trump 2.0?

A second term might increase global risks

Trump's comeback endorsed by former rival Burgum ahead of Iowa caucuses

North Dakota Governor Doug Burgum endorsed Donald Trump's comeback bid for the White House on Sunday ahead of the Iowa caucuses, a month after he ended his own longshot campaign for the Republican nomination. Burgum appeared on stage with the former president at a rally in Indianola, where he heaped praise for Trump. "I've had an opportunity to have a front-row seat," Burgum said. "I've seen President Trump and what he's been able to do. I've seen it as a business leader and I've seen it as a governor. I've seen the difference that President Trump can make." The support from Burgum, who did not build a substantial base in his own presidential campaign, is unlikely to make a difference in the Monday caucuses, which polls indicate Trump is likely to dominate. But it reflects the sense of inevitability surrounding Trump's candidacy as his remaining rivals try to build their movement against him. When Burgum dropped out, he blamed his inability to resonate in the race on the Republican

Trump criticises Ramaswamy publicly ahead of Iowa caucus

Former US president Donald Trump for the first time has lashed out at his rival Vivek Ramaswamy, who is most closely aligned with him in the race for the Republican nomination, accusing the Indian-American entrepreneur of engaging in deceitful campaign tricks". Trump's remarks came ahead of the Iowa caucuses on Monday, marking the beginning of the long process by which the Republicans and Democrats choose their nominees for the presidential election. The comments come after a series of remarks and posts by Ramaswamy, 38, that have angered Trump and his team. Trump's criticism stemmed from shirts that Ramaswamy's campaign is handing out that say 'Save Trump, Vote Vivek' on them. Ramaswamy posted a photo with a group of young men wearing them after his event in Rock Rapids, Iowa, on Saturday, which caught the former president's attention. Vivek started his campaign as a great supporter, the best President in generations,' etc. Unfortunately, now all he does is disguise his support i

Bill Ackman contributes $1 mn to support Dean Phillips to challenge Biden

Ackman's support of Phillips, 54, amplifies some of the worst fears of the Biden campaign: Donors and voters are unenthusiastic about reelecting the 81-year-old president

Donald Trump addresses civil fraud trial after judge receives bomb threat

Barred from giving a formal closing argument, Donald Trump still got a brief chance to speak in court at the conclusion of his New York civil trial on Thursday, calling the proceedings a fraud on me" before the judge cut him off. We have a situation where I am an innocent man, the former president said. I'm being persecuted by someone running for office and I think you have to go outside the bounds. After about six minutes, Judge Arthur Engoron who had denied Trump permission earlier to give a closing statement at the trial cut him off and recessed for lunch. The exchange took place hours after authorities responded to a bomb threat at the judge's house. Police checked out the threat at Engoron's Long Island home, which came a day after he denied the former president's extraordinary request to deliver his own courtroom close, officials said. The proceedings were not delayed. Trump, the leading contender for the Republican presidential nomination, has repeatedly disparaged Engoro

Kim calls South Korea 'principal enemy' amid heightened tensions with US

North Korean leader Kim Jong Un has called South Korea our principal enemy and threatened to annihilate it if provoked, as he escalates his inflammatory, belligerent rhetoric against Seoul and the United States before their elections this year. Experts say Kim will likely further raise animosities with weapons tests to try to influence the results of South Korea's parliamentary elections in April and the U.S. presidential election in November. Kim made the remarks during inspection tours of munitions factories in North Korea this week, the North's official Korean Central News Agency said Wednesday. He said North Korea's priority in its relations with Seoul "is to bolster up the military capabilities for self-defense and the nuclear war deterrent first of all, KCNA said. If South Korea dares to use his military force against North Korea and threaten its sovereignty, Kim said We will have no hesitation in annihilating (South Korea) by mobilizing all means and forces in our hands, ...

SC agrees to review Colorado decision to decide Trump's 2024 ballot access

The decision made by the state court last month almost guaranteed that the justices would have to hear the contentious issue and decide whether or not Trump could be struck from the ballot

Emerging markets brace for wave of elections, fiscal discipline at stake

For investors, elections divide into three categories: Those where the outcome is rather obvious, such as Russia or Venezuela; those where it seems clear but ballot is contested, for example India..

LIVE: Forex jumps $4.47 bn to $620.44 bn during week ending Dec 22

Catch all the latest news updates from across the world

Biden administration grants Louisiana power to approve carbon capture wells

The Biden administration is handing Louisiana regulators new power to attract and approve carbon capture projects at a time when the state's influential energy sector wants to make the Gulf Coast a hub for the rapidly expanding industry. Louisiana will be able to issue permits for wells that store carbon dioxide, a critical component of carbon capture and removal technology. In all but two other states, the Environmental Protection Agency is responsible for permitting. Proponents of the change say it will speed up approvals of new projects that are critical for reducing climate-warming greenhouse gas emissions. Environmental groups had opposed the move, doubting that a state home to a concentrated stretch of oil, gas and petrochemical plants commonly called cancer alley is capable of proper industry oversight and protecting residents. The EPA said the Louisiana agreement includes safeguards to protect poorer, often majority-Black communities that live near those facilities and that