The European Investment Bank will provide an unprecedented €3 billion ($3.4 billion) loan to Airbus SE as the European Union pushes ahead with plans to bolster its technological sovereignty amid intensifying competition from the US and China.
Poland has signed a final deal with Saab AB to purchase three submarines for around 47 billion kronor ($4.83 billion) as Warsaw seeks to bolster its maritime defense capabilities and forge closer ties with NATO ally Sweden.
Mayor Zohran Mamdani’s socialist cronies who swept last week’s Democratic primaries boasted about an affordability message.
The deaths occurred as crews battled multiple fires across a parched region. Two other firefighters were injured.
President Donald Trump’s sons are profiting off of their father’s connections, including in a previously-undisclosed deal over a lucrative metal.“Their sons were soon doing business with partners in a deal that their fathers were negotiating, continuing a pattern of self-enrichment in the second Trump administration that has few precedents in American history,” wrote The New York Times’ Paul Sonne and Eric Lipton on Sunday. The report covered how Donald Trump Jr. and Eric Trump availed themselves of a meeting between Commerce Secretary Howard Lutnick and Kazakhstan President Kassym-Jomart Tokayev in September to grant a little-known American company called Kaz Resources access to their tungsten mines.Prior to that meeting, the Trump administration approved preliminary applications for up to $1.6 billion in federal financing for Kaz Resources to break ground on the project in rural Kazakhstan. Dominari Securities, which is partly owned by the Trump sons, agreed to take a 20 percent stake in the tungsten projects.“Around the same time, Cantor Fitzgerald, an investment company controlled by Mr. Lutnick’s family and overseen by his sons Brandon and Kyle Lutnick, helped one of the lead investors working with Dominari on the Kazakh deal raise $210 million in new capital for a related entity,” Sonne and Lipton wrote. “Such rounds of fund-raising typically net Cantor millions of dollars in fees.”They added, “The Kazakh deal was ultimately signed on Nov. 6, six days after the investment involving the Trump sons and their partners, which was not publicly disclosed at the time. The arrangement is hardly an outlier. One or both families have financial ties to at least 14 companies that are actively working with the federal government on critical mining deals, including the Kazakhstan project, according to federal filings examined by The New York Times.”This is not the only occasion when the Trump family has come under scrutiny for profiting from the White House, as has Trump himself. Earlier this month the American Economic Liberties Project and Groundwork Collaborative released a joint report called “The Price of Corruption: How Trump’s Pay-to-Play Administration is Driving Up Costs for Working Families,” which described how the Trumps’ alleged corruption has literally cost ordinary Americans a lot of money.“When Trump rolled out TrumpRX earlier this year, the administration claimed it was a way for Americans to access more affordable prescription drugs,” the report pointed out. “Instead, the platform fails to disclose information about less expensive generic alternatives and, in some instances, charges consumers more for products that are available for less elsewhere.”It added that TrumpRx “serves as free advertisement for Big Pharma and may be lining the pockets of the president’s eldest son, Donald Trump Jr., who is on the board of prescription drug platform BlinkRX, which stands to benefit from the administration’s promotion of direct-to-patient medicine sales.”It also observed that Trump’s tariffs have raised the cost of imported goods for consumers while also enriching Trump himself, citing as one example when he reduced Swiss tariffs “just a few days after Swiss business leaders presented him with a personalized gold bar worth more than $130,000 and a Rolex desk clock.” Conversely, when Trump’s fellow right-winger, former Brazilian President Jair Bolsonaro, faced legal consequences for plotting a coup to illegally stay in power after losing an election to current President Luiz Inácio Lula Da Silva, Trump used tariffs to retaliate.“Americans paid the price for Trump’s international allies breaking the law,” the report pointed out, “as coffee imported from Brazil surged to a 40% increase in price.”
Rep. Alexandria Ocasio-Cortez (D-N.Y.) said that large technology companies want to have “totally unchecked power” and should be split up. “The problem that we have is that these big companies, they think they are governments, they want to be governments,” she said in an interview with Fox News posted Sunday, discussing tech companies and artificial…
The National Weather Service said wildfire conditions “remain critical” across the Southwest, with risk high in the Four Corners region where Arizona, Colorado, New Mexico and Utah intersect.
Iran has "no choice" but to develop a nuclear bomb, a media outlet linked to the Islamic Revolutionary Guard Corps said — the latest threat to the US-organized peace deal.
Yoane Wissa scored twice as DR Congo came from behind to beat Uzbekistan 3-1 and progress to the round of 32 of the World Cup3 min DR Congo fashion their first attack. Wissa, the goal-scorer against Portugal, drops deep to collect before trying his luck from range, but he drags his shot well wide.1 min After a moment of silence for the victims of the earthquakes in Venezuela, we’re off and running. Uzbekistan kick off and are attacking from left to right in their all-white kits, while DR Congo go from right to left in the all-red strips. Continue reading...