Wednesday, 1 Jan 2025

Politics

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The Democratic Caucus Nominated Its Leadership. Here’s What It Means.

WASHINGTON — Democrats ushered in their leadership on Wednesday for the 116th Congress, including more than 200 returning and incoming members signaling that come January, they want Representative Nancy Pelosi of California to reclaim the speaker’s gavel. Here are some of the takeaways from the caucus’s votes. The real test for Ms. Pelosi is in […]

New Treasury Rules Could Blunt Impact of Tax Cuts for Some Companies

WASHINGTON — Some multinational companies may not see as much of a benefit from President Trump’s signature tax cuts as they had hoped, under proposed regulations that the administration issued on Wednesday. If they are made permanent, the rules, released late in the day by the Internal Revenue Service, will force some corporations that operate […]

Trust us, says Varadkar as Budget plans are under fire

Taoiseach Leo Varadkar insisted his Government was the “only people you can trust to keep the economy stable” despite a critical assessment of their financial planning. While saying he was not dismissing the warnings of the Irish Fiscal Advisory Council (IFAC), Mr Varadkar argued that Finance Minister Paschal Donohoe was keeping “a tight rein on […]

Intellectual Property to Take Center Stage as Trump and Xi Meet

WASHINGTON — When President Trump and President Xi Jinping of China sit down to talk trade this week at the Group of 20 summit meeting, their negotiations are likely to be framed by a highly charged topic: the White House’s insistence that China routinely steals American technology and intellectual property. The Trump administration has repeatedly […]

Naval Clash Raises the Stakes for Trump’s Meeting With Putin

He once expressed hope that President Vladimir V. Putin of Russia would be “my new best friend,” but with friends like him, President Trump hardly needs enemies. Russia’s armed seizure of three Ukrainian ships in the days before the two leaders are scheduled to meet on the sidelines of the Group of 20 meeting in […]

CIA says White House did not block its director from briefing Senate

WASHINGTON (Reuters) – The White House did not block CIA Director Gina Haspel from participating in a briefing on Wednesday for the U.S. Senate about the war in Yemen and U.S. relations with Saudi Arabia, a spokesman for the agency said. “The notion that anyone told Director Haspel not to attend today’s briefing is false,” […]

Province of Manitoba cuts management positions, salaries at three Crown corps

In an effort to fix the province’s finances, the Manitoba government has reduced positions and salaries at Manitoba Hydro, Manitoba Liquor and Lotteries, and Manitoba Public Insurance. Crown services minister Colleen Mayer announced Wednesday that overall management positions and salaries at the three Crown corporations have been cut by 15 per cent. “Our government continues […]

Iranians Accused in Cyberattacks, Including One That Hobbled Atlanta

Two Iranians were behind the ransomware attack that crippled Atlanta’s government for days this year, the Justice Department said in an indictment unsealed on Wednesday, detailing a sophisticated scheme of attacks on hospitals, government agencies and other organizations. The men, Faramarz Shahi Savandi and Mohammad Mehdi Shah Mansouri, chose targets with complex yet vulnerable systems […]