Donald Trump News

Subscribe to enjoy similar stories. Bitcoin prices have surged 40% since Election Day. MicroStrategy has climbed even faster.

Subscribe to enjoy similar stories. For years, through carefully choreographed dinners and meetings, Apple CEO Tim Cook did something that has eluded many other corporate leaders: He developed a personal relationship with President-elect Donald Trump. Their rapport has been built, in part, by zeroing in on areas of mutual interest between Apple and Trump’s agenda.

equity indexes, alongside softness in the dollar and lower U.S. bond yields. The rupee closed at 84.2875 against the U.S. dollar, up 0.2% from its previous close, its biggest single-day gain since June 3.

Bitcoin may be on song, but there’s plenty more keeping fans abuzz in the crypto verse. Over the past month a new cohort of memecoins have been delivering windfall gains to investors. Scripted with generous lashings of community humour these new coins such as X, Dogwifhat, Peanut the Squirrel, Popcat and Goatseus Maximus have crypto investors in thrall following Donald Trump’s ascension as US President Elect and Tesla founder Elon Musk’s consequent rise having triggered an explosion in crypto valuations. Even as Bitcoin is inching closer to the $100,000 mark having surged 49% over the last month, Dogwifhat, the Japanese dog with a hat, touched a market cap of $3.3 billion, making it the 36th ranked coin among 2.4 million currencies. Peanut the Squirrel (PNUT) surged by 2,315% since its launch this month,according to CoinMarketCap, a price-tracking website for cryptocurrencies.

Subscribe to enjoy similar stories. Scott Bessent spent the past 40 years studying economic history. Now, as Donald Trump’s choice to lead the Treasury Department, he has the chance to make his mark on it.

Subscribe to enjoy similar stories. SUMY , UKRAINE : In Russia’s Kursk region just north of here, Russian assaults are so intense that their infantrymen sometimes step on the bodies of fallen comrades, according to Ukrainian soldiers opposing them there. Russian glide bombs weighing one ton crash onto Ukrainian supply roads.

Shares are mostly higher in Asia, tracking last week's gains on Wall Street

energy crisis for Europe, which is still reeling from extreme shocks two years ago. Escalating tensions in Ukraine have contributed to about a 45% surge gas prices this year. While levels are still far below 2022 records, they are high enough to risk deepening a cost-of-living crisis for households and intensifying competitive pressure on strapped manufacturers. Gas storage is a lifeline during the coldest periods but inventories this year are rapidly declining after frosty temperatures increased demand for heating and a wind drought required more usage for power generation.

Bitcoin (BTCUSD) remains in focus to start the week as the cryptocurrency sits on the precipice of crossing the $100,000 mark for the first time.

Donald Trump has far-reaching implications for global trade and geopolitics. According to a report by Motilal Oswal, this policy carries mixed outcomes for exporters worldwide because it is designed to prioritize U.S. manufacturing by reducing imports, particularly from China. For India, Trump's policies present both opportunities and challenges. The Indo-Pacific defense strategy could strengthen U.S.-India collaboration, opening doors for Indian businesses in sectors such as pharmaceuticals and defense.

Huawei Technologies Co. for breaching US laws shocked President Xi Jinping’s inner circle and raised questions over whether Donald Trump would intervene in the case. Trump now faces a similar dilemma after US prosecutors charged Gautam Adani — India’s most powerful businessman and a close ally of Prime Minister Narendra Modi — in a $250 million bribery scheme. While Modi’s party called it a private matter, and Adani’s company denied the allegations, the case threatens to roil US-India diplomatic ties. Although Trump didn’t intervene in the Huawei case, which was eventually settled in 2021 after he left office, on its face he’ll have more incentive to make this case go away. Beyond Trump’s personal connection with Modi, the incoming US president has packed his team with China hawks who want to see stronger ties with India to counterbalance Beijing’s power in the region.

Subscribe to enjoy similar stories. America’s gross national debt is $36trn, or $107,000 per person. It is rising fast and will probably soon be rising even faster.

Donald Trump hailed what would become Project 2025 as a road map for «exactly what our movement will do» with another crack at the White House. As the blueprint for a hard-right turn in America became a liability during the 2024 campaign, Trump pulled an about-face. He denied knowing anything about the «ridiculous and abysmal» plans written in part by his first-term aides and allies, AP reported. Now, after being elected the 47th president on November 5, Trump is stocking his second administration with key players in the detailed effort he temporarily shunned. Most notably, Trump has tapped Russell Vought for an encore as director of the Office of Management and Budget; Tom Homan, his former immigration chief, as «border czar;» and immigration hardliner Stephen Miller as deputy chief of policy.

Cryptocurrencies are on a roll in anticipation of Donald Trump easing up on their regulation. The US has been the most proactive in law enforcement against fraud and money laundering engineered through cryptos. This, despite a regulatory framework that doesn't push hard to separate transaction and speculative elements of digital currency.

Iran will hold talks about its disputed nuclear programme with three European powers on November 29, the Iranian foreign ministry said on Sunday, days after the U.N. atomic watchdog passed a resolution against Tehran, as per a report. Iran reacted to the resolution — proposed by Britain, France, Germany and the United States — with what government officials called various measures such as activating numerous new and advanced centrifuges, machines that enrich uranium, Reuters reported. Japan's Kyodo news agency, which first reported that the meeting would take place on Friday in Geneva, said Iranian President Masoud Pezeshkian's government was seeking a solution to the nuclear impasse ahead of the inauguration in January of U.S. President-elect Donald Trump.

Subscribe to enjoy similar stories. New Delhi: US President-elect Donald Trump’s pre-election threat of stepping up import tariffs could translate into an opportunity for India to capture a larger share of the US market in the medium term as it could accelerate the re-orientation of global supply chains away from China, federal policy think tank NITI Aayog member Arvind Virmani said in an interview. Trump had proposed during his campaign an additional 10% import tariff on all goods imported into the US and a 60% tariff on goods from China.

Donald Trump has big plans for the economy

Donald Trump's pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday. Lutnick's financial services firm Cantor Fitzgerald is discussing receiving support from Tether to help fund the project, that could potentially reach tens of billions of dollars, the report said, citing people familiar with the matter. Tether and Cantor did not immediately respond to a Reuters request for comment outside business hours.

Subscribe to enjoy similar stories. YOU WOULD have thought Elon Musk was busy enough building brain implants, electric cars, grid-scale batteries, robots, rockets, satellites and tunnelling machines. Apparently not.

Tesla and SpaceX CEO Elon Musk lauded India’s election process, particularly its speed in counting votes. Taking to social media platform X, Musk shared a post about India's Lok Sabha elections, where 640 million votes were counted within 24 hours. He wrote, “India counted 640 million votes in 1 day. California is still counting votes,” accompanied by a facepalm emoji to highlight his frustration with the US system.

Donald Trump has made a flurry of picks for his cabinet and other high-ranking administration positions following his election victory, as per a Reuters report.