Author: Press Room
New Zealand on Thursday recalled its top diplomat in Britain after he made comments questioning President Trump’s understanding of history at a public event, in a sign of the unease and sensitivities around expressing disagreements with the Trump administration.Phil Goff, New Zealand’s high commissioner to Britain — the equivalent of an ambassador between Commonwealth countries — made the comments in London on Tuesday at an event about the war in Ukraine and peace in Europe.Mr. Goff spoke up with a question after a speech by Finland’s foreign minister, Elina Valtonen, at the Chatham House think tank, in which she spoke…
A former government official who says she was falsely accused of illegally sending funds to New York City to book luxury hotels for undocumented migrants — and then publicly ridiculed and fired — said Thursday that just days earlier she had been directed by a member of the Elon Musk-led Department of Government Efficiency, known as DOGE, to make the payments. Mary Comans, who was the chief financial officer at the Federal Emergency Management Agency, or FEMA, sued the agency and the Department of Homeland Security, or DHS, on Tuesday. “I was fired illegally by the Trump administration for doing my job,…
Almost since Amtrak’s creation in 1971, the 21,000-mile U.S. intercity passenger rail service has been fighting calls that it should be privatized.Now it may have met one of its most aggressive and powerful skeptics yet.Speaking at a tech conference on Wednesday, Elon Musk added Amtrak to the list of government-funded services on his chopping board, calling the federally owned railroad “embarrassing” and saying that privatization was the only way to fix it.“If you go to China, you get epic bullet train rides,” said Mr. Musk, the billionaire who is working to dismantle the federal bureaucracy under the Trump administration. “They’re…
A Saanich, B.C., police officer died while on duty Wednesday. In a statement online, Saanich Chief Const. Dean Duthie said the officer suffered a medical emergency at the agency’s department.Duthie said that while officers and staff continue to provide policing and public safety services to Saanich, they are supporting the officer’s family and all the staff during this “very difficult and emotional time.” Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. “We are very grateful for all the support and assistance received yesterday…
The PM was asked to offer certainty on whether Labor would hand down a budget on March 25, after-party members were sent invites for the fundraiser.
Stay informed with free updatesSimply sign up to the Capital markets myFT Digest — delivered directly to your inbox.Investors have poured into low-risk money market funds as they seek a refuge from recent tumult on Wall Street sparked by US President Donald Trump’s tariffs, sending the industry’s assets under management to $7tn. More than $51bn flowed into money market funds over the past week, pushing the total to a record $7.03tn as of Wednesday, according to the Investment Company Institute, a trade group.Trump’s approach to imposing, withdrawing or delaying levies on major US trading partners, including China, Canada and Mexico,…
Stay informed with free updatesSimply sign up to the US financial regulation myFT Digest — delivered directly to your inbox.The Securities and Exchange Commission is seeking to dismiss its complaint against Silver Point Capital, a credit hedge fund it accused in December of lax controls around protocols for non-public information. The final dismissal will depend on a vote by the regulator’s commissioners, and Silver Point has agreed to drop potential claims against the SEC as a condition of the settlement.The SEC said in its complaint that Chaim Fortgang, who was a Silver Point consultant and a famed bankruptcy lawyer, had…
If travelling were a nationwide competition, Chua Enlai would probably be a gold medallist. The actor and host visited 29 countries last year, 13 of them for the first time. In 2025, “My goal is to travel to my 100th UN country”, he enthused. And, on all of his travels, “I almost never miss the food at home as I’m always seeking the flavours of where I am. Trying the local cuisine is an extremely important part of my travels. I expect every meal to be an event – be it a street food ‘event’ or a Michelin star-worthy ‘event’.…
A US trade war has begun with China, Mexico and Canada.Tariffs are central to US economic and foreign policy in the new administration of President Donald Trump. So, what’s in store for the United States and the world? Presenter: Tom McRae Guests: Niall Stanage – White House columnist for The Hill newspaper Dimitris Valatsas – Chief economist and founding partner of Aurora Macro Strategies, an advisory firm that focuses on geopolitics and macroeconomics William Lee – Chief economist at the US nonprofit think tank the Milken Institute
Senior U.S. and Ukrainian officials are planning to meet next week to discuss the first steps of a deal that could seek an end to the war in Ukraine, after a week of U.S. moves casting doubt on its support for the country.Both President Trump and President Volodymyr Zelensky of Ukraine confirmed the meeting, which is expected to take place in Saudi Arabia.The planned meeting was announced just under a week after an Oval Office blowup between the two men in which Mr. Trump attacked Mr. Zelensky as ungrateful for U.S. support and threatened to abandon Ukraine in its fight…
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