Saturday, 4 May 2024

John Bolton Fired In Surprise Tweet

Under-21 Euro Qualifier, Sweden v Ireland: Stephen Kenny's men trail in crucial clash

Trump announces he’s fired National Security Adviser John Bolton

President Donald Trump said over Twitter he’d told National Security Adviser John Bolton he was "no longer needed at the White House" and that Bolton resigned Tuesday morning. "I disagreed strong with many of his suggestions," Trump said. Trump said he’d name a new national security adviser next week.

Trump fires John Bolton, will name new national security adviser next week

Trump asks John Bolton to resign

President Trump asked National Security Adviser John Bolton that his services are no longer needed at the White House, FOX Business’ Blake Burman reports. GOP fundraiser Noelle Nikpour, Democratic pollster Doug Schoen, FOX Business’ Charles Payne and Neil Cavuto discuss.

National Security Advisor John Bolton resigned on Tuesday, at President Trump's request, amid disagreements between him and the administration.

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The president said he asked Bolton for his resignation Monday night. Trump said he and others in the administration disagreed with “many” of Bolton’s suggestions.

“I informed John Bolton last night that his services are no longer needed at the White House,” Trump wrote in a tweet Tuesday. “I disagreed strongly with many of his suggestions, as did others in the Administration, and therefore I asked John for his resignation, which was given to me this morning. I thank John very much for his service.”

Trump added that he will name a new national security adviser next week.

Bolton, in response to Trump's tweet, said he offered his resignation Monday night.

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"I offered to resign last night and President Trump said, 'Let's talk about it tomorrow,'" he said on Twitter.

Levi Strauss Acquires Levi’s And Dockers Brands From The Jeans Co.

Levi Strauss & Co. (LEVI) Tuesday said it agreed to buy all operating assets related to Levi’s and Dockers brands from The Jeans Company, a distributor in Chile, Peru and Bolivia, for about $35 million.

The deal includes about 80 Levi’s and Dockers retail stores, distribution with the region’s leading multi-brand retailers, and the logistical operations in these markets.

“Over the course of our 30-year partnership, TJC has enhanced the market position of the Levi’s and Dockers brands in Chile, Peru and Bolivia,” said Roy Bagattini, president of the Americas region at LS&Co. “We believe the acquisition of these assets will build on the strong foundation established by TJC and will position us to accelerate growth across the Andean region.”

Levis said it has stopped shipping inventory to The Jeans Company in anticipation of the transition of operations, which will have an estimated impact of around $20 million its revenues in the second half of 2019. Levis does not expect any similar negative revenue impact to fiscal 2020.

The deal is expected to close by the end of the year.

UK PM struggles to navigate Brexit impasse

Boris Johnson’s push for an early election was thrown out before parliament was suspended for five weeks.

    British Prime Minister Boris Johnson and his cabinet are desperately searching for a way to navigate their way out of a Brexit impasse.

    They have just met after a night of high drama in parliament.

    Johnson’s push for an early election was thrown out before parliament was suspended for five weeks.

    Al Jazeera’s Laurence Lee reports from London.

    Mahindra to double investments in the U.S., opens office in D.C.

    Group to focus on growth of manufacturing, auto units

    The Mahindra Group is planning to double its investments in the U.S. with the opening of its new office in Washington, D.C. This year, the $20.7-billion group marks its 25th year of conducting business in the U.S.

    With investments of $1 billion, Mahindra Group companies in the U.S. span a diverse array of industries, including automotive manufacturing, farm equipment production, IT services, sustainable transportation, multi-purpose aircraft development and equipment financing services.

    “Establishing this new Washington, D.C., office is an important element of our U.S. growth strategy,” said Anand Mahindra, chairman of the group. “Mahindra has already invested $1 billion in the U.S. market and we are committed to doubling our investments here over the next few years. ” Mahindra’s Washington, D.C., office will promote the group’s diverse U.S. businesses.

    The office will be led by Dilip Sundaram, president of corporate affairs, Americas.

    The group said it would focus on “growing our manufacturing and automotive operations.” Mahindra’s U.S. employees are spread across 10 factories and assembly centres, 790 tractor and powersports dealerships, and 30 IT development and delivery centres.

    A company statement said its Urban Agriculture programme had created 1,500 new gardens across low-income areas of Detroit and had turned abandoned properties into working farms.

    John Bolton Fired In Surprise Tweet

    At 11:58 a.m. on Tuesday, Trump tweeted “I informed John Bolton last night that his services are no longer needed at the White House. I disagreed strongly with many of his suggestions, as did others in the Administration, and therefore…” Second tweet: “….I asked John for his resignation, which was given to me this morning. I thank John very much for his service. I will be naming a new National Security Advisor next week.”

    Bolton tweeted in response: “I offered to resign last night and President Trump said, ‘Let’s talk about it tomorrow.’”

    According to LA Times reporter Eli Stokols, less than an hour before the tweet, the White House informed the press corps that Bolton would be briefing them, along with Secretary of State Mike Pompeo and Treasury Steven Mnuchin, at 1:30 p.m.

    Bolton worked in former President George W. Bush’s administration and was a leading proponent of the invasion of Iraq.

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