Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The biggest opposition protests in years have broken out in Turkey with tens of thousands of demonstrators taking to the streets of Istanbul to condemn the arrest of the main political challenger to President Recep Tayyip Erdoğan. The rare show of public anger against Erdoğan underlines a deepening political crisis following the detention of Istanbul’s popular mayor Ekrem İmamoğlu on Wednesday over alleged terrorism and corruption charges. On Friday, following protests overnight, markets plummeted with Istanbul bourse’s benchmark index of the 100…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is founder and chief executive of Everett Capital Advisors and chair and co-founder of Agio RatingsDigital assets are going mainstream, turbocharged by recent endorsements from the US administration. If properly implemented, a more developed digital asset ecosystem could bring substantive benefits.Yet even optimistic advocates must acknowledge that digital asset markets currently fall short in how counterparty risk is assessed. This must be addressed if digital assets are going to scale in global financial systems and provide lasting benefits to consumers.Buying…

Police in New Mexico say two suspects have been charged with three open counts of murder following a mass shooting at a park that left three dead and 15 injured.Tomas Rivas, 20, and a 17-year-old boy were arrested on Saturday evening, Las Cruces Police said on Facebook. The victims who died in Friday evening’s shooting at Young Park have been identified as 16-year-old Andrew Madrid, 18-year-old Jason Gomez and 19-year-old Dominick Estrada.Police say Madrid and Gomez died on the scene, while Estrada died after being taken to a hospital. Fifteen victims, whose ages range between 16 and 36, were injured. Nine…

Ebrahim Rasool addresses supporters, calling his persona non grata status a badge of dignity after his US expulsion.The South African ambassador who was expelled from the United States in a row with US President Donald Trump’s administration has arrived home to a raucous welcome and struck a defiant tone over the decision. Crowds at Cape Town International Airport surrounded Ebrahim Rasool and his wife Rosieda on Sunday as they emerged in the arrivals terminal in their hometown. They needed a police escort to help them navigate their way through the building. “A declaration of persona non grata is meant to…

There is broad agreement among Republicans that the government, particularly the federal bureaucracy, is too bloated for its own good. And despite coming into office with such power vested in the executive, President Donald Trump has overseen an aggressive effort to slash his own branch, to the relief of conservatives in Congress. “I think President Trump is doing exactly what he got elected to do. He got elected to secure the border, get rid of inflation, [and] stop this unbelievable growth of the federal government,” Sen. Rick Scott, R-Fla., told Fox News Digital. “I think we have to go back and always…

Russian President Vladimir Putin and US President Donald Trump may have had more contacts than the two publicly announced telephone calls over recent months, the Kremlin said in video footage published by state television.Trump, who says he wants to be remembered as a peacemaker, has repeatedly said that he wants the three-year conflict in Ukraine to end and has warned of the risks of it escalating into a world war between the United States and Russia.There have so far been two announced phone calls between Putin and Trump this year – on February 12 and on March 18 – though…

After President Trump spoke on the phone with President Volodymyr Zelensky of Ukraine last week, the White House wanted to make one thing clear: The Ukrainian leader was grateful to the American president. Very grateful.The statement recounting the call mentioned four times that Mr. Zelensky had thanked the president for his efforts to negotiate terms of a ceasefire with Russia. It then went on to note that Mr. Zelensky was “grateful” for Mr. Trump’s leadership.The description revealed a pattern in the Trump administration’s shaping of its foreign policy agenda: When it comes to diplomacy, Mr. Trump wants an implicit or…

Israeli forces were expanding their offensive in Gaza on Sunday, taking control of more territory and issuing fresh evacuation orders for residents who had only recently returned to their homes.The Israeli military renewed its offensive in Gaza this past week after talks to extend a fragile, temporary cease-fire that came into effect in mid-January reached an impasse. On Sunday, it said that those operations had moved into additional areas in the north and south of the enclave.Israel said that its troops had begun operating in Beit Hanoun, in northern Gaza, to expand a buffer zone. The military also said that…

As driver-assist systems gain traction in China, one local startup that invested in the tech years ago is finally seeing results. Xpeng , listed in the U.S. and Hong Kong, has delivered more than 30,000 cars a month since November. The company last week said it expects that pace to continue for a doubling in sales versus 2024 — and that it will achieve profitability in the fourth quarter. What’s selling is the company’s lower-priced Mona M03 and its Xpeng-branded P7+ car, which includes advanced driver-assist software at no extra cost. With the automaker’s plans to upgrade the P7 and…

Oklahoma Superintendent of Public Instruction Ryan Walters is partnering with country singer Lee Greenwood to donate Trump-endorsed “God Bless the USA” Bibles to classrooms across the state. Inspired by Greenwood’s hit “God Bless the USA” song, this unique bible includes a King James interpretation of the bible as well as the texts of the Constitution and Declaration of Independence and several other founding documents.While campaigning in 2024, President Donald Trump endorsed the God Bless the USA Bible, saying, “You have to have it, for your heart, for your soul.”In a video promoting the Bible released last year, Trump said, “We must…