Tag:
Financial Times
Arlington, VA
Business
'Trump Always Chickens Out': Hear His Response To Wall Street's '
Taco
' Trade Strategy
Economists say Wall Street just experienced a "TACO" Tuesday, but it had nothing to do with tortillas or salsa. Traders and other stock market watchers have been discussing what's called the "TACO" trade strategy. TACO is an acronym that stands for "Trump Always Chickens Out," a reference to President Donald Trump's constantly changing tariff threats and retreats. Financial Times columnist Robert Armstrong has been widely credited with creating the TACO nickname earlier in May. "The recent rally has a lot to do with markets realising that the US administration does not have a very hig…
Annapolis, MD
Politics
Trump Strikes Deal With Ukraine For Rare Earth Minerals
The Trump Administration has successfully negotiated an agreement with Ukraine regarding the development of the nation’s rare earth mineral resources. The move is anticipated to strengthen diplomatic ties and pave the way for a long-term US security commitment amid Ukraine’s ongoing, three-year-old war with Russia. It's also seen as a form of reimbursement for the hundreds of billions of dollars of assistance and weapons the United States has provided to Ukraine. This significant development was initially reported by Ukrainska Pravda and the Financial Times late Tuesday afternoo…
Jericho, NY
Politics
Trump Taps Billionaire Financier, Jericho Native For Commerce Secretary
President-elect Donald Trump has picked another New Yorker for a top Cabinet post. Howard Lutnick, a Long Island native from Jericho and the chairman and CEO of Cantor Fitzgerald, is his pick for commerce secretary. “He will lead our tariff and trade agenda, with additional direct responsibility for the Office of the United States Trade Representative,” Trump announced on Truth Social on Tuesday, Nov. 19. Earlier Report: Trump Selects Vaccine-Skeptic Robert F. Kennedy Jr. As Secretary Of Health, Human Services Lutnick, a co-chair of the president-elect’s transition team, has spent …
Pelham, NY
News
Covid-
19: US Exiting 'Full-Blown' Phase Of Pandemic, Restrictions Could End Soon, Fauci Says
The light at the end of the COVID-19 tunnel may be fast approaching, according to infectious disease expert Dr. Anthony Fauci. With the number of new infections and hospitalizations plummeting over the past several weeks, Fauci, President Joe Biden’s chief medical adviser, said that the US is almost past the “full-blown” pandemic phase. If Fauci’s prediction holds true, it could lead to a rollback of virus-related restrictions and mandates sooner than later, including an end to mandatory mask wearing by the end of 2022. “As we get out of the full-blown pandemic phase of COVID-19,” Fauci s…
Massapequa, NY
News
Covid-
19: New Variant May Be More Resistant To Vaccines Than Other Strains, Scientists Say
A new strain of the COVID-19 virus may be more resistant to vaccines than other variants, scientists are now warning. The C.37 strain, known as the Lambda variant, was first identified in Peru in December 2020, when it accounted for less than one percent of new cases. It now accounts for about 80 percent of new infections in Peru and has spread to about 27 countries in the last month, according to a report in the Financial Times. The World Health Organization said the strain carries a number of mutations that may have prompted potential increased transmissibility or possible increased resi…
Somers, NY
Politics
NY AG Adds 'Criminal Capacity' To Trump Investigation, With Westchester Estate Part Of Probe
New York Attorney General Letitia James has joined the Manhattan District Attorney’s Office’s investigation into the Trump Organization, now bringing a criminal element to the case, the AG's office announced. James said that her office is venturing into the investigation into the former president’s organization, which has been under a civil probe since 2019. Now, the AG is saying that they are now investigating criminal components. “We have informed the Trump Organization that our investigation into the organization is no longer purely civil in nature," James' spokesman Fabien Levy sai…