As he prepares to take office in less than a month, President-elect Donald Trump has threatened to reassert U.S. control over the Panama Canal, and he renewed calls to buy Greenland from Denmark. White House Bureau Chief Patsy Widakuswara has this report.This post was originally published on here
Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank’s annual “stress tests” of Wall Street firms violate the law. The lawsuit filed in U.S. District Court in Columbus, Ohio, claims the Fed’s practice of determining how big banks perform against hypothetical economic turmoil, and assigning capital requirements accordingly,…
Yaounde — Online media journalists in Chad are voicing dissatisfaction and frustration over officials’ refusal to lift a ban on the broadcasting of audiovisual content. The High Media and Audiovisual Authority, or HAMA, accuses journalists of reposting videos without the content producers’ permission but journalists say they are being silenced from reporting on critical election…
Washington — American Airlines briefly grounded flights nationwide Tuesday because of a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne about an hour after the Federal Aviation Administration ordered a…
TOKYO — Japanese Prime Minister Shigeru Ishiba said on Tuesday he wanted to strengthen his country’s alliance with the United States, as he pushed for as early as possible a meeting with U.S. President-elect Donald Trump. Japan is neighbors with an increasingly assertive China and a nuclear-armed North Korea that has been deepening military ties…
tokyo — The Committee on Foreign Investment in the United States (CFIUS) has told the White House it is unable to reach a consensus on national security risks involved in Nippon Steel’s bid for U.S. Steel, The Washington Post reported Monday. The decision now lies with President Joe Biden, who has 15 days to act.…
U.S. President-elect Donald Trump has vowed to repeal President Joe Biden’s executive order on artificial intelligence security, setting the stage for deregulation for AI companies by nominating pro-business, pro-startups Silicon Valley leaders. The nomination of Jacob Helberg, an outspoken China critic, for a key State Department post indicates Trump’s intention to lead over China in…
WASHINGTON — Former President Bill Clinton was admitted Monday to Georgetown University Medical Center in Washington after developing a fever. The 78-year-old was admitted in the “afternoon for testing and observation,” Angel Urena, Clinton’s deputy chief of staff, said in a statement. “He remains in good spirits and deeply appreciates the excellent care he is…
ORLANDO — The Federal Aviation Administration said Monday it has launched an investigation into why several drones collided and fell from the sky during a holiday show over the weekend in downtown Orlando, Florida, injuring a 7-year-old boy who required surgery. The drones fell into a crowd of thousands of people watching the show Saturday…
WASHINGTON — A recently released U.S. government report details China’s ongoing efforts to “erode long-standing norms in and around Taiwan” through various pressure tactics, including increased military flights crossing the Taiwan Strait median line. While U.S. officials have expressed serious concerns, some military experts argue that Washington’s response has been ineffective in curbing Chinese aggression.…