Bank of England governor frets over impact of budget on businesses and Trump's return
Wednesday, 4 December 2024 Business reaction to the budget is the "biggest issue" facing the Bank of England, according to its governor - while he also contemplates the impact of Donald Trump's looming return to the White House.
The White House is drawing comparisons between Israeli PM Benjamin Netanyahu’s corruption trial and Donald Trump's own legal troubles, calling both politically motivated “witch hunts.” Trump’s team has voiced strong empathy, with spokespersons saying he sees Netanyahu as a fellow target of a biased judicial system. The statement comes as both leaders battle mounting legal pressure, framing their court cases as attacks from political enemies. Trump, in recent posts, urged for Netanyahu’s trial to end—underscoring growing solidarity between the embattled leaders.
#TrumpNews #NetanyahuTrial #CorruptionCharges #GazaWar #GlobalPolitics #TrumpSupport #BibiNetanyahu #JusticeSystem #PoliticalDrama #WitchHunt #TrumpIndictments #IsraelNews #MiddleEastNews #GazaCrisis #USIsraelRelations #LegalFight #NetanyahuSupport #TrumpStatements #BibiTrial #WhiteHouseNews #BreakingNews
#IsraelNews #MiddleEastNews #GazaCrisis #USIsraelRelations #LegalFight #NetanyahuSupport #TrumpStatements #BibiTrial #WhiteHouseNews #BreakingNews
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In a fiery political escalation, White House Press Secretary Karoline Leavitt took direct aim at Zohran Mamdani — the presumptive Democratic frontrunner in the New York City mayoral race — accusing him of embodying “radical” left-wing ideals. Labeling Democrats as “doubling down on craziness,” Leavitt claimed Mamdani's policies threaten the “very fabric of the country.”
The attack reflects growing Republican unease with Mamdani’s rising influence, particularly after his viral interview clip showed him eating biryani with his hands while championing Third World-inspired politics. With his open support for Palestine, socialism, and progressive reform, Mamdani has drawn praise and vitriol in equal measure. As Trump’s White House attempts to frame the 2025 elections as a choice between order and chaos, Mamdani is emerging as a lightning rod in the cultural and political battlefield. The clash signals a deeper national confrontation brewing around race, identity, and radicalism.
#ZohranMamdani #NYCMayoralRace #KarolineLeavitt #WhiteHouseAttack #RadicalLeft #DemocratsVsGOP #USPolitics #TrumpEra #MamdaniUnderFire #NYCPolitics #PalestineSupport #BiryaniPolitics #IdentityPolitics #PoliticalDrama #ProgressiveAgenda #RepublicanPushback #LeavittVsMamdani #MayoralElection2025 #CultureClash #LeftVsRight
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The White House is doubling down on President Donald Trump’s controversial "$3.3 trillion Big Beautiful Bill,” calling it the largest tax cut in American history. At a press briefing, the Press Secretary emphasized the bill’s core goal: delivering relief to everyday, working-class Americans. Framing it as a win for the middle class, the administration claims the package not only reduces taxes but also rebalances the economic scales. Critics, however, warn of soaring deficits, potential slashes to Medicaid, and threats to renewable energy incentives. As GOP lawmakers remain divided on spending cuts and debt ceiling increases, this bold push represents Trump’s defining legislative gamble before July 4. With the Senate preparing for a vote-a-rama, the future of this bill could reshape America's fiscal trajectory — or spark fresh political chaos.
#TrumpBill #TaxCuts #BigBeautifulBill #MiddleClassRelief #USPolitics #GOPTaxPlan #TrumpEconomy #DebtDebate #SenateVote #USBudget #TrumpWhiteHouse #PressSecretary #TaxReform #WorkingClassAmerica #RepublicanSplit #DebtCeiling #HistoricLegislation #Trump2025 #FiscalPolicy #WhiteHouseNews
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A Texas Republican Congressman, Brandon Gill, sparked outrage after making a racist remark against Indian-origin New York politician Zohran Mamdani for eating biryani with his hands. Gill reshared a video of Mamdani eating during an interview and wrote, “Civilized people in America don’t eat like this. Go back to the Third World.”
The video showed Mamdani discussing taboo topics in U.S. politics while calmly eating. Ironically, Gill is married to Danielle D’Souza, daughter of Indian-American commentator Dinesh D’Souza. Social media erupted, highlighting hypocrisy and sharing photos of Trump eating with his hands. Gill has a history of racist rhetoric, recently posting two contrasting pictures of Los Angeles to argue against immigration. Mamdani, born in Uganda and raised in NYC, was explaining how his worldview on Palestine is shaped by his Third World roots. The comment by Gill has triggered a larger debate on race, culture, and what defines “American values.”
#ZohranMamdani #BrandonGill #RacismInPolitics #TexasCongressman #IndianOrigin #BiryaniGate #ThirdWorld #CulturalRacism #Islamophobia #PalestinePolitics #AmericanValues #TrumpHypocrisy #RightWingRacism #EndWokeness #DineshDSouza #DanielleDSouza #UgandaToNYC #NewYorkPolitics #GOPControversy #MamdaniSpeaks
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President Donald Trump’s $3.3 trillion tax and spending bill has hit turbulence in the U.S. Senate. Senate Majority Leader John Thune is racing to meet Trump’s July 4 deadline, but faces internal GOP divisions. At least eight Republican senators oppose key parts of the bill, ranging from Medicaid cuts to renewable energy credit phaseouts. Some GOP factions demand deeper spending cuts, while others seek to protect healthcare and green energy.
Meanwhile, markets are watching closely as the dollar dips and renewable energy stocks slide. Senators like Thom Tillis and Rand Paul have signaled likely opposition, placing final passage in jeopardy. Trump, watching closely, has lashed out at dissenters on social media. The bill, if passed, could reshape healthcare access for millions and eliminate major green energy incentives. Final voting may happen late Monday or early Tuesday, but only if Thune can negotiate a fragile consensus.
#TrumpTaxBill #USSenate #GOPSplit #RenewableEnergy #GreenTaxCuts #DebtCeiling #HealthcareCuts #TrumpNews #JohnThune #RandPaul #ThomTillis #USPolitics #SenateVote #AmericanEconomy #BudgetDeficit #MedicaidCuts #EnergyPolicy #CongressWatch #TaxReform #BreakingNews
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Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement. But the governor of the Bank of England adds the deal will become much more important "if it becomes the trendsetter" for agreements involving the rest of the world. His comments come after the Bank of England cut interest rates from 4.5% to 4.25%. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now in ten months. It's so important that this government has returned stability to the economy." Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Eric Donald Trump has sparked a media frenzy after hinting at a potential 2028 presidential run, setting the stage for what could become an unprecedented political showdown within the Trump family itself. Speaking to supporters, Eric suggested he would consider carrying forward the Trump legacy, prompting speculation about whether he might clash with his father, Donald Trump, who remains a dominant force in Republican politics.
#DonaldTrump #EricTrump #Trump2028 #TrumpFamily #EricTrump2028 #TrumpDynasty #TrumpVsTrump #TrumpWhiteHouse #EricTrumpRun #TrumpPolitics #2028Election #GOP2028 #TrumpLegacy #EricTrumpPresident #TrumpCampaign #TrumpNews #RepublicanRace #TrumpShowdown
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U.S. President Donald Trump has reignited speculation about a possible diplomatic breakthrough with North Korea, stating he will "get the conflict solved" while referencing his previous “great relationship” with Kim Jong Un. At a White House event, Trump sidestepped questions about a recent letter allegedly sent to the North Korean leader.
However, NK News reports that Pyongyang’s UN delegation refused to accept any such letter, suggesting a strained atmosphere. Trump and Kim had met thrice during Trump’s first term, but nuclear talks ultimately collapsed over disarmament disagreements.
Trump now hints at reviving that momentum, framing his personal diplomacy as a unique path to resolution. The situation remains murky amid the absence of official confirmation from either side. Still, Trump’s remarks have sparked new questions about a potential U.S.-North Korea thaw—especially as global tensions remain high and his foreign policy narrative pivots back toward high-stakes summits and unconventional outreach.
#Trump #NorthKorea #KimJongUn #TrumpKim #USDiplomacy #WhiteHouse #TrumpSpeech #USPolitics #OvalOffice #Geopolitics #AsiaSecurity #NuclearTalks #Denuclearization #USNorthKorea #TrumpNews #KimLetter #UNDelegation #Trump2025 #PeaceTalks #KoreanPeninsula
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In a landmark diplomatic moment, DR Congo and Rwanda signed a historic U.S.-brokered peace deal in Washington aimed at ending decades of deadly conflict. President Donald Trump called it a “glorious triumph” while hosting the signing ceremony in the Oval Office, flanked by VP JD Vance and Secretary of State Marco Rubio.
The agreement includes “disengagement, disarmament and conditional integration” of armed groups and signals potential U.S. access to DR Congo’s rare earth minerals. Yet deep questions remain—especially regarding the M23 rebels, Rwandan troop presence, and humanitarian access. With both countries denying support for rival militias, the full terms remain classified, fueling skepticism.
Trump, however, hailed it as a generational victory. Previous similar treaties have failed. But this deal, supported by earlier Qatari mediation, might offer a sliver of hope in a region long marred by instability and mineral-fueled warfare.
#TrumpPeaceDeal #DRCongo #Rwanda #WashingtonTreaty #TrumpDiplomacy #PeaceTriumph #TrumpInAfrica #RareEarthAccess #RwandaConflict #CongoCrisis #MineralDeal #TrumpOvalOffice #JDVance #PaulKagame #Tshisekedi #M23Rebels #FDLR #AfricaPeaceDeal #TrumpVictory #USInAfrica
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In a major legal setback, Judge Juan Merchan has ruled that Donald Trump's felony conviction in the New York hush money case will stand, rejecting his claim for presidential immunity. This ruling comes..
Israeli forces have reportedly shot a Palestinian child and abducted two young men in the West Bank amidst the ongoing conflict with Gaza. These incidents come as tensions escalate in the region, with..