News

Donald Trump has criticized Federal Reserve Chair Jerome Powell over interest rates, declaring on social media that Powell's "termination cannot come fast enough!" The president's remarks came ahead of the European Central Bank's (ECB) third interest rate cut this year. On Thursday, the ECB reduced its key rate, citing "rising trade tensions" as a factor. Trump, who appointed Powell as Fed chair in 2017 during his first term, wrote that Powell "is always TOO LATE AND WRONG" regarding rate reductions. He added: "Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now." Contrary to Trump's claims, egg prices have actually increased to $6.23 per dozen according to official data, though oil prices have decreased […]

A UK Supreme Court ruling has determined that the terms "woman" and "sex" in the 2010 Equality Act refer specifically to biological women and biological sex, allowing transgender women with gender recognition certificates (GRCs) to be excluded from single-sex spaces if deemed "proportionate." The judgment states that providers of single-sex facilities, including changing rooms, homeless hostels, and medical services, would face "practical difficulties" if "sex" were interpreted more broadly than biological sex in the legislation. Campaigners suggest this ruling could significantly impact sports and single-sex spaces such as changing rooms and hospital wards across the UK. Transgender advocacy groups have expressed concern about the decision. In a statement, one organization warned: "Any ruling which excludes and limits personal freedoms, access and participation in society, and recognition in the eyes of the law impacts us all." They noted that "trans women […]

The escalating trade war between US President Donald Trump and Chinese President Xi Jinping has rattled global markets, leaving many wondering which leader will back down first. Trump has imposed a massive 145-percent tariff on Chinese imports, with China retaliating with a 125-percent duty. On Tuesday, Trump ordered a national security review of critical mineral imports, mostly sourced from China. Meanwhile, Bloomberg reported China directed its airlines to halt Boeing jet deliveries and stop purchasing aircraft parts from US companies, while Hong Kong's postal service suspended US-bound mail. "A 145-percent tariff will make it impossible for China to sell to the US – the costs on both economies will be exceptionally high," said Vina Nadjibulla from the Asia Pacific Foundation of Canada. "A complete decoupling is almost impossible to contemplate." Experts question whether Trump's administration has clear objectives beyond his […]

The Trump administration has filed a lawsuit against Maine for refusing to prohibit transgender athletes from competing in women's sports, escalating an ongoing conflict between President Trump and Governor Janet Mills. "The Department of Justice will not sit by when women are discriminated against in sports," declared US Attorney General Pam Bondi on Wednesday. "This is also about these young women's personal safety." Governor Mills responded that the issue has "never been about school sports of the protection of women and girls," accusing the federal government of "imposing its will" on states. The legal dispute centers on Title IX, a civil rights law that prohibits sex-based discrimination in educational programs. In February, Trump signed an executive order requiring that Title IX be interpreted to ban transgender women and girls from female sports competitions. According to the federal government, Maine's education […]