Donald Trump News

Mexican President Claudia Sheinbaum says she is confident that a tariff war with the United States can be averted

Russia's new hypersonic missile, hours after Moscow pummelled Ukraine's energy grid in an attack that left a million people without power. With Russia firing more than 90 missiles and around 100 drones during the barrage, according to Kyiv, Ukrainian President Volodymyr Zelensky urged his allies to give a firm response to what he dubbed Russian «blackmail». Putin said the fresh bombardment was a «response» to Ukrainian strikes on his territory with Western missiles.

US Vice President Kamala Harris revealed that their internal polling never indicated that she was leading US President- elect Donald Trump during her US Presidential campaign, in spite of public polls suggesting otherwise, reported USA Today. David Plouffe, who is a key campaign adviser, expressed surprise at the discrepancy while stating that their internal data consistently showed Kamala Harris trailing Donald Trump. According to USA Today, David Plouffe noted that while public polls in late September and early October portrayed a competitive race, the campaign was aware of its challenges, specifically after US President Joe Biden dropped out in the month of July. Also Read: Sarah Michelle Gellar hints at legacy sequel for ‘I Know What You Did Last Summer’ | Release date update

Elon Musk's social media platform, X (formerly known as Twitter) is experiencing a significant user exodus as many users are migrating to alternatives like Bluesky and Meta's Threads, reported Futurism. Following the recent US Presidential elections, where Elon Musk's support for US President- elect Donald Trump became more pronounced, an estimated 1.8 million users deactivated their accounts which marked the largest departure since Elon Musk's acquisition in the year 2022. According to Futurism, this mass exit has been fueled by dissatisfaction with the platform's environment, which many users describe as increasingly hostile due to rising hate speech, misinformation and politically charged content. Also Read: Age-defying makeover: Did Lindsay Lohan spend $300,000 on plastic surgery? Fans gush about her new youthful look; here's how she looks now and what doctors are saying

Mexicans are worried that threats by U.S. President-elect Donald Trump to impose 25% tariffs could affect a wide range of iconic Mexican products, some of which support entire regional economies

Donald Trump dined on Wednesday with Meta CEO Mark Zuckerberg at the president-elect’s Mar-a-Lago club in Florida

Subscribe to enjoy similar stories. Rebels in Syria launched a large-scale attack on Assad government forces, storming a military base and seizing control of swaths of territory in the country’s northwest in the first major outbreak of fighting between the two sides in recent years. The Syrian government said Thursday that its forces are confronting the continuing attack.

Subscribe to enjoy similar stories. China’s massive stimulus hasn’t revived its economy but its stock markets have been kicked higher. Investors now have to navigate economic uncertainty and the challenges of U.S.

Silver prices tumbled to a three-week low by losing Rs 4,900 to Rs 90,900 per kg, while gold slipped Rs 100 to Rs 78,700 per 10 grams in the national capital on Thursday on frantic selling by stockists and retailers, according to the All India Sarafa Association. The yellow metal of 99.5 per cent purity declined Rs 400 to Rs 78,300 per 10 grams on Thursday. Price of gold of 99.9 per cent and 99.5 per cent purity closed higher at Rs 78,800 and Rs 78,700 per 10 grams, respectively, on Wednesday.

Subscribe to enjoy similar stories. Wall Street isn’t thrilled about the return of Donald Trump’s tariff threats. But traders are hardly panicking either.

Donald Trump newest efficiency advisor, billionaire Elon Musk, wants to take at least $2 trillion off the top of the annual federal budget. Musk's budget-cutting dream came a step closer to reality when Trump named him and fellow tech billionaire Vivek Ramaswamy to lead an advisory council called the «Department of Government Efficiency (DOGE)» with a mission to suggest ways to «slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.» The Tesla CEO and owner of social media platform X called for «at least $2 trillion» in budget cuts last month while speaking at a rally in New York. A cut of that scale would be massive in relation to the size of the federal budget, which was $6.75 trillion in the most recent fiscal year ended September. Though Musk has not yet specified whether he would cut $2 trillion annually or over time.

From Toronto-Dominion Bank’s growth restrictions to Donald Trump’s election in the United States to the drastic reduction in immigration numbers in Canada, a lot has changed since the Big Six banks’ last quarterly earnings release in August.

Subscribe to enjoy similar stories. Elon Musk’s influence over federal spending will flow through a White House budget office that helps develop regulations that affect his business empire. President-elect Donald Trump has asked Musk, chief executive officer of Tesla and SpaceX, and Vivek Ramaswamy, the biotech entrepreneur who ran for president, to open a Department of Government Efficiency that will suggest ways to cut spending.

Subscribe to enjoy similar stories. When the Biden administration said in March that it supported legislation that could ban TikTok, Tony Sayegh jumped into action. Sayegh, the head of public affairs at one of TikTok’s biggest investors, had become an unofficial adviser to the Chinese-owned social-media giant as it navigates survival in the geopolitical crosshairs of the world’s two superpowers.

India's global trade story has long been shaped by its relationships with two of its largest partners: the United States and China. While these relationships have grown significantly over the past decade, they show stark contrasts that often remain as lesser-known facts, at least like Crisil called it in an investr note. India’s trade with the U.S. and China reached $120 billion and $118 billion respectively in fiscal 2024, doubling over the last decade. However, the similarity ends here, Crisil said, as it notes hat India has a $35.3 billion trade surplus with the U.S., while it faces an $85.1 billion trade deficit with China.

Prabhudas Lilladher in its latest India Strategy Report while slashing its base case target for Nifty to 27,381 (27,867 earlier), recommending selective buying on dips for long-term gains. The domestic brokerage values Nifty at a 15-year average PE (19.1x) with Sept 26 EPS of 1,434 and arrives at a 12-month target of 27,381 (27,867 earlier), while in a bull case scenario, it values Nifty at PE of 20.1x and arrives at a bull case target of 28,750 from an earlier 29,260.

Bitcoin has bounced back above $95,000 following significant volatility over the past four trading sessions. The cryptocurrency hit an intraday low of $90,770 on Wednesday but has since rallied, driven by positive developments in the U.S. regulatory landscape and favorable market sentiment. As of 12:19 PM, Bitcoin was trading 2.6% higher at $95,550, while Ethereum, the second-largest cryptocurrency, surged 4.9% to $3,596.

An angry Rudy Giuliani lost his cool in the courtroom Tuesday, lashing out at the judge overseeing his defamation payout, saying “I can’t pay my bills.”

Indian Diaspora Studies (FIIDS), an Indian-American organisation, has urged US leaders to address the rising violence against minorities in Bangladesh. In letters sent separately to President Joe Biden and former President Donald Trump, FIIDS raised concerns about the safety of minorities, particularly Hindus, in the country. Khanderao Kand, FIIDS President, in his letter to Donald Trump, wrote, «Bangladesh is rapidly descending into a radicalised Islamic state, all under the watch of the US, the State Department, and the UN who must act now to restore democracy and protect minorities. I request not only President Biden but would urge President Trump and his transition team to give priority to restoration of peace and protect minorities in Bangladesh.» In another letter addressed to President Biden, Kand emphasised the importance of protecting vulnerable populations for Bangladesh's democratic progress. He stated, «Bangladesh's progress as a democratic and inclusive society depends on safeguarding the rights of all its citizens, including its most vulnerable populations. We trust that your leadership will champion these values and help restore hope for those who continue to face oppression and displacement.»

South Korea’s central bank has lowered its key policy rate for the second straight month and says the country’s economy will grow at a slower pace than it initially anticipated

Subscribe to enjoy similar stories. The Biden administration doesn’t have enough time left to use the billions of dollars lawmakers have authorized to arm Ukraine, U.S. and congressional officials said, leaving in President-Elect Donald Trump’s hands what to do with the remaining money.