Monday, December 23

Tag: USA

19Dec By AdminsNo Comments

Canada’s finance minister resigns as unpopular Trudeau faces biggest test of his political career

Canadian Prime Minister Justin Trudeau faces the biggest test of his political career after Finance Minister Chrystia Freeland, long one of his most powerful and loyal ministers, announced Monday that she was resigning from the Cabinet. The stunning move raised questions about how much longer the prime minister of nearly 10 years can stay on as his administration scrambles to deal with incoming US President-elect Donald Trump. Trudeau's popularity has plummeted due to concerns about inflation and immigration. Opposition leader Jagmeet Singh, whose party Trudeau's ruling Liberals have relied upon to stay in power, called on Trudeau to resign. The main opposition Conservatives demanded an election. Canadian Prime Minister Justin Trudeau accompanied by Canada's Mini...
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19Dec By AdminsNo Comments

Australian ambassador to return to Kyiv at critical point in Russia’s war on Ukraine

Australia's ambassador will return to Kyiv next month, almost three years after Russia's full-scale invasion of Ukraine prompted the embassy's evacuation. The announcement by Foreign Minister Penny Wong on her first visit to Ukraine since the unprovoked assault, followed repeated calls from Ukraine, including President Volodymyr Zelenskyy, to relocate Canberra's diplomatic representatives from Poland. The visit and reopening came at what Wong called "such an important time for your country and for the future of your people", amid huge uncertainty about what impact US President-elect Donald Trump will have on the war. Ukraine Foreign Minister Andrii Sybiha‎, right, and Australian Foreign Minister Penny Wong talk before a flower laying ceremony at the Memory Wall o...
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13Dec By AdminsNo Comments

Donald Trump named Time’s Person of the Year and rings New York Stock Exchange opening bell

US President-elect Donald Trump rang the opening bell on Thursday at the New York Stock Exchange after being recognised for the second time by Time magazine as its person of the year. The honours for the businessman-turned-politician are a measure of Trump's remarkable comeback from an ostracised former president who refused to accept his election loss four years ago to a president-elect who won the White House decisively in November. Before he rang the opening bell at 9.30am (1.30am on Friday AEDT), a first for him, Trump spoke at the exchange and called it "a tremendous honour". Donald Trump named Time's 2024 Person of the Year. (X) "Time magazine, getting this honour for the second time, I think I like it better this time actually," he said. Trump, acc...
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13Dec By AdminsNo Comments

Biden commutes about 1500 sentences, pardons 39 people in biggest single-day act of clemency

US President Joe Biden is commuting the sentences of about 1500 people who were released from prison and placed on home confinement during the coronavirus pandemic and is pardoning 39 Americans convicted of nonviolent crimes. It's the largest single-day act of clemency in modern history. The commutations announced on Thursday are for people who have served out home confinement sentences for at least one year after they were released. Prisons were uniquely bad for spreading the virus and some inmates were released in part to stop the spread. At one point, one in five prisoners had COVID-19, according to a tally kept by The Associated Press. Biden said he would be taking more steps in the weeks ahead and would continue to review clemency petitions. The second largest single-day a...
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3Dec By AdminsNo Comments

Biden pardons his son Hunter despite previous pledges not to

President Joe Biden has pardoned his son, Hunter, sparing the younger Biden a possible prison sentence for federal felony gun and tax convictions and reversing his past promises not to use the extraordinary powers of the presidency for the benefit of his family members. The Democratic president had previously said he would not pardon his son or commute his sentence after his convictions in the two cases in Delaware and California. The move comes weeks before Hunter Biden was set to receive his punishment after his trial conviction in the gun case and guilty plea on tax charges, and less than two months before President-elect Donald Trump is set to return to the White House. President Joe Biden has pardoned his son, Hunter, sparing the younger Biden a possible prison se...
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3Dec By AdminsNo Comments

Elon Musk dealt $155 billion blow by judge over Tesla pay package

Elon Musk's record-breaking pay package for serving as Tesla's CEO was rejected by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth around $101 billion (approx $AUD155 billion) based on Tesla's closing share price Monday, is made up of 303 million Tesla stock options. It had been previously thrown out in January by the same judge, Delaware Chancery Court Chancellor Kathaleen McCormick. Elon Musk's $155 billion-dollar pay packet has been blocked by a judge. (CNN) The package was worth around $56 billion ($A85 billion) at the time the judge threw out the package. At the time, McCormick ruled in favour of the main shareholder in the suit who challenged the package, arguing that Musk and the Tesla bo...
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