Jyoti Singh
President Joe Biden criticized Elon Musk for his alleged hypocrisy on immigration after reports surfaced that the Tesla CEO worked illegally in the United States. Musk, who was born in South Africa, has denied these allegations. During a campaign event in Pittsburgh at a union hall, Biden exclaimed, “The wealthiest man in the world turned … Read more
“ Authorities in the Mexican state of Sinaloa reported on Sunday that at least 14 people were killed in a surge of violence that followed the arrest of drug trafficker Ismael “El Mayo” Zambada in the United States. Most of the killings occurred in Culiacan, the capital of Sinaloa state, according to the state attorney … Read more
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“ A modern twist on the phrase “Let them eat cake” reveals that shareholders are reaping the benefits at the expense of workers. A recent report from Oxfam shows that the majority of profits from over 200 U.S. corporations went to wealthy shareholders, with 90% of the $1.25 trillion in net profits going into their … Read more
The composition of Japan’s future government remains uncertain following a voter backlash against Prime Minister Shigeru Ishiba’s ruling coalition, leaving no party with a clear mandate to lead the world’s fourth-largest economy. This uncertainty has caused the yen currency to drop to a three-month low as investors and analysts brace themselves for days, or possibly … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer will pledge in his speech on Monday that this week’s Budget will confront the stark reality of the country’s fiscal situation to steer Britain away from a path of decline. However, he … Read more
“ Republican vice presidential candidate JD Vance mentioned that if Donald Trump were to be reelected, he would ensure that the US remains in NATO. However, Vance emphasized the importance of ensuring that the trans-Atlantic alliance is not just seen as a recipient of welfare. During an interview on NBC’s Meet the Press, Vance stated, … Read more
Dow Jones futures saw a modest increase on Sunday night, along with S&P 500 futures and Nasdaq futures. Crude oil prices took a plunge following Israel’s “precise” airstrikes on Iran. Apple (AAPL), Microsoft (MSFT), Google-parent Alphabet (GOOGL), Amazon.com (AMZN), and Meta Platforms (META) are all set to report earnings this week, with significant implications for … Read more
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A hugely pivotal week for world markets begins with investors in Asia already bracing for volatile trading in Japanese assets on Monday after Prime Minister Shigeru Ishiba lost his parliamentary majority in the country’s general election. Ishiba’s Liberal Democratic Party has … Read more
French and German ambassadors to the UK have criticized Sir Keir Starmer’s proposal to impose VAT on private school fees, arguing that it could lead to the expulsion of many children from international schools and harm diplomatic relations with the UK. The ambassadors emphasized that fee-paying international schools, which receive funding from overseas governments, are … Read more