Author: Press Room

The Los Angeles Dodgers are set to visit the White House on Monday, continuing a decades-old tradition for the reigning World Series champions that has been fraught with political tension while President Trump has occupied the Oval Office.In Mr. Trump’s first term, the customary visit was boycotted by some Black and Latino players. And before the Dodgers won the World Series in 2020, their manager, Dave Roberts, had suggested he would skip any visits to the Trump White House. But Joseph R. Biden Jr. defeated Mr. Trump that fall and hosted the team the following year.The franchise won the championship…

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Descrease article font size Increase article font size In an unexpected move, an Ontario judge has asked lawyers to return to court today in the challenge to a new provincial law that bans supervised consumption sites within 200 metres of schools or daycares. The Neighbourhood Group, which runs a consumption site in downtown Toronto, took the province to court to argue the law violates the Constitution and the Charter of Rights and Freedoms because the sites save lives.The organization says Justice John Callaghan asked lawyers for all parties in the case to return to court this morning, though it was not told…

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MANDALAY: It was the final Friday prayers for Ramadan, just two days (Mar 28) before the Eid al-Fitr festival marking the end of the Islamic holy month. A 13-year-old Mandalay resident, who goes by the name Sein, was at a mosque near his home, listening as his Imam preached.  Suddenly, the ground quivered and the mosque shuddered.  “Everybody scattered and ran. When I reached my father, he told me, ‘Don’t run outside, sit still. If we’re going to die, let’s die while praying’,” he recalled.  “So, we continued praying. I suddenly felt as if I was violently pulled by someone… and…

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Virtually everyone in the cryptocurrency world celebrated the second election of President Trump, an enthusiastic booster of the industry who promised to turn the United States into the “crypto capital of the planet.”But now the man nicknamed “the first Bitcoin president” is presiding over a Bitcoin crash.Since Mr. Trump announced his global tariffs last week, the price of Bitcoin has plunged 10 percent, dropping below $78,000 on Sunday night. In January, Bitcoin reached a record price of nearly $110,000 on the day that Mr. Trump was inaugurated.The rapid drop shows that Bitcoin, often pitched as a stable long-term source of…

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Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe market rout triggered by Donald Trump’s tariffs deepened on Monday after the US president signalled he would not back down from his aggressive trade policies despite growing fears of a global recession.Equities fell heavily, haven currencies rose and bond yields declined. Contracts tracking the blue-chip S&P 500 were down 2.8 per cent, while those for the Nasdaq fell 3.1 per cent.Asian shares were pummelled, with Hong Kong’s Hang Seng index down more than 13 per cent, its worst single-day fall…

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In SummaryA large portion of the workforce in Africa, estimated at 85.8%, is employed in the informal sector.Africa’s FDI inflows reached a record $94 billion in 2024, a surge of 84%–with experts projecting a double-figure increase by the end of 2025.In 2024, Foreign Direct Investment (FDI) flows into Africa surged to a record $94 billion, representing an 84% increase, driven by a megaproject in Egypt’s Ras El-Hekma peninsula, according to UN Trade and Development (UNCTAD).Deep Dive!!Africa’s business landscape in 2025 presents a tapestry of opportunities and challenges, shaped by its diverse economies, rich natural resources, and burgeoning digital transformation. For…

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Since re-entering office, President Trump has issued a flurry of tariffs in an effort to rewire the global economy.On Wednesday, Mr. Trump unveiled his most aggressive policies to date, sparing few countries around the world. A 10 percent base line rate for the world went into effect on Saturday, with much higher ones for dozens of counties coming next week.Mr. Trump’s moves have caused financial markets to plummet, foreign leaders to issue condemnations and officials to warn about inflation and slowing economic growth.What are tariffs, and who pays for them?A tariff is a government surcharge on products imported from other…

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Stay informed with free updatesSimply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox.The UK government has set out plans to water down rules for private equity and hedge funds by introducing a lighter regulatory regime for smaller groups to encourage more investment.The Treasury on Monday announced that it would lift the size threshold for which alternative asset managers are subjected to the main rules for the sector, from €100mn of funds under management to £5bn.A new, less onerous post-Brexit regime will be introduced for groups with between £100mn and £5bn of assets, which…

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The following is the transcript of an interview with Sen. Maria Cantwell, Democrat of Washington, that aired on “Face the Nation with Margaret Brennan” on April 6, 2025.MARGARET BRENNAN: Welcome back to Face the Nation. We turn now to the top Democrat on the Commerce Committee, Washington state Senator Maria Cantwell, good to have you here. SEN. MARIA CANTWELL: Thank you so much for having me.MARGARET BRENNAN: So Senator, you heard the- the Senate whip talk about your effort to claw back some control over trade. He said it will have a thorough hearing, and we’ll see where it goes from…

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