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USA

Bessent Defends White House Economic Moves to Wary Business Leaders

In a pivotal address at the Milken Institute Global Conference, U.S. Treasury Secretary Scott Bessent staunchly defended the White House's economic strategies, aiming to reassure business leaders concerned about recent policy shifts. Emphasizing Strategic Uncertainty Bessent highlighted the administration's approach of "strategic uncertainty" in economic negotiations, suggesting that unpredictability can be a valuable tool in securing favorable trade deals. Addressing Business Leaders' Concerns Acknowledging the apprehensions of business leaders, Bessent emphasized the administration's commitment to fostering a conducive environment for investment and growth. He pointed to legislative efforts aimed at making small business deductions permanent and enhancing tax incentives for research and manufacturing. Market Resilience Amid Policy Shifts Despite market volatility and concerns over tariffs, Bessent expressed confidence in the resilience of U.S. financial markets, describing them as "antifragile" and capable of adapting to policy changes.

Ahmad May 5, 2025

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Greater Accra

Burkina Faso’s Economic Revolution: How Ibrahim Traoré Defied Colonial Exploitation and IMF Orthodoxy

The Colonial Chains: CFA Franc and Exploitation For decades, Burkina Faso's gold-rich soil has funneled wealth into foreign coffers, particularly France's, through the mechanisms of the CFA franc zone. This monetary system, a remnant of colonial rule, has effectively allowed France to maintain significant control over the economies of its former colonies. In Burkina Faso, this has translated into substantial portions of its gold exports benefiting foreign interests, leaving the nation grappling with poverty and dependency. The situation is exacerbated by structural adjustment programs (SAPs) imposed by international financial institutions like the IMF and World Bank, which have often led to privatization of resources, reduced public spending, and an emphasis on raw material exports—a cycle critics term "Colonial Economy 2.0." Ibrahim Traoré: The Military Captain Who Rewrote the Rules In 2022, amidst political and economic turmoil, 34-year-old military captain Ibrahim […]

Ahmad May 4, 2025

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USA

President Trump Casts Doubt on Due Process Rights

In a recent interview on NBC's "Meet the Press," former President Donald Trump expressed uncertainty about whether all individuals in the U.S., including undocumented immigrants and non-citizens, are entitled to due process rights guaranteed by the Constitution. He emphasized logistical challenges, suggesting that providing due process to all would necessitate millions of trials, though he stated his legal team would adhere to Supreme Court rulings. This stance aligns with the Trump administration's efforts to expedite deportations, including invoking the 1798 Alien Enemies Act to deport alleged Venezuelan gang members without due process. However, a federal judge blocked this attempt, ruling that the law could not be applied in the current context. Critics argue that these actions undermine the fundamental right to due process, raising concerns about the erosion of civil liberties and the rule of law in the United States. […]

Ahmad May 4, 2025

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USA

These Contentious Issues Could Determine Who Becomes the Next Pope

As the Catholic Church stands at a pivotal juncture following the passing of Pope Francis, the forthcoming conclave is poised to address a myriad of contentious issues that will significantly influence the selection of the next pontiff. The cardinal-electors are confronted with the challenge of choosing a leader capable of navigating the Church through internal divisions, doctrinal debates, and global socio-political dynamics. 1. Theological Polarization: Progressives vs. Traditionalists Pope Francis's tenure was marked by efforts to modernize the Church, emphasizing inclusivity and social justice. However, this approach has intensified the rift between progressive and conservative factions within the Church. Progressives advocate for continued reforms, including greater acceptance of LGBTQ+ individuals and expanded roles for women. Conversely, traditionalists express concern over perceived deviations from established doctrines, particularly regarding liturgical practices and moral teachings. The next pope's stance on these issues will […]

Ahmad May 4, 2025

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USA

Ukraine claims it destroyed Russian fighter jet using seaborne drone for the first time

Ukraine has claimed it shot down a Russian Su-30 fighter jet in the Black Sea using a seaborne drone for the first time.“This is the first time in the world that a combat aircraft has been destroyed by a marine drone,” the Defense Intelligence of Ukraine said in a statement on Saturday, adding it “burst into flames in the air and eventually fell into the sea.” Ukraine’s military intelligence said one of its units destroyed the fighter jet on Friday with a Ukrainian Magura drone near the port of Novorossiysk - a key port city for Russia where Ukraine claims there are remnants of Russia’s Black Sea fleet.CNN could not independently verify Ukraine’s claims.Russia’s defense ministry has not commented on the incident, although the claim was backed up by a Russian military blogger. “The Ukrainians brought more than three dozen […]

Ahmad May 4, 2025

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General

Tensions Escalate in Burkina Faso Following Failed Coup Attempt

A week after an attempted coup in Burkina Faso, the situation remains tense in Ouagadougou, particularly among the armed forces. Local media indicate that a meeting scheduled on April 22 at the headquarters of the general staff, which was supposed to include several army officers, was postponed and then later cancelled as the invited officers failed to show up. According to Radio France Internationale (RFI), an influx of people was seen flocking to the Mogho Naaba palace, a traditional authority in Burkina Faso. Among those seen were army personnel and families of missing civilians, further signalling tension within the West African country. A cabinet meeting also took place on April 24 at the presidential palace under high security, with sniffer dogs and helicopters seen flying around the area during the meeting. Some military camps were also placed under high supervision. […]

Ahmad April 29, 2025

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USA

Child damages €50million painting in museum

A child has damaged a painting worth millions of pounds by the American artist Mark Rothko at a museum in Rotterdam.A spokesperson for the Museum Boijmans Van Beuningen said it was considering the "next steps" for the treatment of Rothko's Grey, Orange on Maroon, No. 8. The damage occurred during an "unguarded moment", a museum spokesperson told the Dutch media outlet Algemeen Dagblad (AD) last week.A spokesperson for the museum told the BBC the damage was "superficial", adding: "Small scratches are visible in the unvarnished paint layer in the lower part of the painting". The abstract painting is estimated to be worth up to €50m (£42.5m), according to newspaper AD."Conservation expertise has been sought in the Netherlands and abroad. We are currently researching the next steps for the treatment of the painting", the museum spokesperson told the BBC."We expect that […]

Ahmad April 29, 2025

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USA

Trump Administration Authorized Warrantless Home Raids Targeting Venezuelan Gang Suspects, Leaked Memo Reveals

The Trump administration secretly permitted immigration agents to enter homes without a warrant for over a month, according to a leaked internal memo obtained by USA Today. The memo, issued by Attorney General Pam Bondi on March 14, instructed Immigration and Customs Enforcement (ICE) officers to break into the residences of suspected members of the Venezuelan gang Tren de Aragua without obtaining prior judicial approval. It stated that standard warrant procedures could be bypassed because they might not be “realistic or effective in swiftly identifying and removing alien enemies.” "Given the dynamic nature of enforcement operations, officers in the field are authorized to apprehend aliens upon a reasonable belief that the individual meets all four requirements to be validated as an alien enemy," the document read. It further granted agents permission to enter a suspect’s home without a warrant when […]

Ahmad April 28, 2025

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USA

Trump’s 100-Day Approval Rating Hits Historic Low, Below 40%

Donald Trump won back the Oval Office and took charge of the government amid the strongest poll numbers of his political career, but as the 100-day mark of his presidency approaches, Americans’ views of what he’s done so far have turned deeply negative, a new CNN poll conducted by SSRS finds. Trump’s 41% approval rating is the lowest for any newly elected president at 100 days dating back at least to Dwight Eisenhower – including Trump’s own first term. Approval of Trump’s handling of the presidency is down 4 points since March, and 7 points lower than it was in late February. Just 22% say they strongly approve of Trump’s handling of the job, a new low, and about twice as many say they strongly disapprove (45%). Since March, Trump has seen notable drops in approval from women and Hispanic Americans (down 7 […]

Ahmad April 27, 2025

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USA

What Luigi Mangione supporters want you to know

“Katie” arrived at the Luigi Mangione protest in downtown Manhattan on Friday wearing a black shirt with a large photo of the 26-year-old suspected shooter. “But Daddy I Love Him,” the shirt read in pink, the title of a recent Taylor Swift song. “I just thought it was fun and cute and something to show his face and show support,” she said. Did she actually, as the shirt said, love Mangione? “I don’t know if you can love someone you’ve never met,” she responded. “I love whoever made that action to stand for health care … They really took a stand. I’m actually surprised something like this hasn’t happened before.” “Whoever did commit that act, I really do see him as a hero and a martyr.” Katie – who declined to provide her last name – was one of a […]

Ahmad April 27, 2025

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