Trump supporters lose $12bn as president’s cryptocurrency coin collapses
Donald Trump’s supporters have lost more than $12bn (£9.5bn) in a month after the value of the president’s cryptocurrency collapsed.
$Trump, a so-called “meme coin” unveiled on Jan 17, three days before Mr Trump’s inauguration, has lost more than 80pc of its value since its peak on Jan 19.
This has led to its overall worth falling from a peak of $15bn to $2.7bn on Thursday, as it suffered amid a wider crypto rout.
The paper value of the coins owned by Mr Trump himself has also fallen by $50bn.
While Mr Trump’s own losses have not been crystallised, investors are on the hook after spending heavily to back the Trump coin in the run-up to his inauguration, partly as a show of support but also as a gamble that the token would rise in value.
#Trump #TrumpCoin #cryptocurrency #crypto #memeCoin #News
Read More...
Israel to purchase over 8,000 missiles and bombs from U.S.
The United States has approved two major Foreign Military Sales (FMS) to Israel, valued at £6 billion ($7.41 billion), aimed at bolstering the Israeli Air Force’s operational readiness with advanced missiles and precision-guided munitions.
The first sale involves 3,000 AGM-114 Hellfire Air-to-Ground Missiles, comprising a mix of variants such as R3, F, and K. The package, valued at £520 million ($660 million), includes spare parts, test equipment, software support, and technical assistance.
Lockheed Martin will serve as the primary contractor, with deliveries beginning in 2028.
#Israel #News
Read More...
US pauses military aid to Ukraine, media reports
WASHINGTON, March 3 (Reuters) - The United States is pausing military aid to Ukraine days after U.S. President Donald Trump clashed with Ukrainian President Volodymyr Zelenskiy in the Oval Office, a White House official confirmed on Monday.
The official said the U.S. is pausing and reviewing aid to ensure it is contributing to a solution.
The pause will last until Trump determines the country's leaders demonstrate a good-faith commitment to peace, according to Bloomberg and Fox News reports.
#Ukraine #Reuters #News
Read More...
UK gives royal welcome to Zelenskyy after White House meltdown
King Charles will hold an official audience at Sandringham with the Ukrainian president Volodymyr Zelenskyy on Sunday as the UK and EU demonstrate their “unwavering” support after his humiliation at the hands of Donald Trump and JD Vance in the White House.
Keir Starmer will also host European heads of government and the leaders of Canada and Turkey at a special defence summit aimed at presenting a united front on the Ukraine crisis.
On arrival in Downing Street for a meeting with Starmer on Saturday night, just 24 hours after Trump and his vice-president Vance subjected him to a 10-minute tirade in the Oval Office, Zelenskyy said he was “very happy” that the king had agreed to the meeting.
The offer of a royal audience was seen at Westminster as a deliberate move to give the Ukrainian president equal treatment to Trump, who was presented during his meeting at the White House on Wednesday by Starmer with an invitation to a second state visit to the UK, including a meeting with King Charles.
#Zelenskyy #UK #News
Read More...
Europe must show leadership against Trump’s ‘ruthlessness,’ Germany's foreign minister says
With U.S. support in doubt, German foreign minister warns that Europe must lead on Ukraine or risk losing its security.
BERLIN — As European leaders prepare to meet in London on Sunday for an emergency summit on Ukraine, German Foreign Minister Annalena Baerbock has called for Europe to show decisive leadership in the wake of the Oval Office clash between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy.
In a starkly worded speech delivered Saturday in the Foreign Ministry, Baerbock warned of a “new era of ruthlessness” following Trump’s public humiliation of Zelenskyy and the U.S. administration’s shifting stance on Russia's invasion of Ukraine.
“A ruthless time has begun, in which we must defend the rules-based international order and the strength of law more than ever against the power of the strongest,” Baerbock said.
#Berlim #News #Europe #Ukraine
Read More...
Macron raises prospect of new European nuclear weapons
French President Emmanuel Macron has said he is ready to start discussions for nuclear deterrence for Europe in response to the threat posed by Moscow.
Macron told the newspaper Le Monde he was ready for talks about nuclear weapons for the continent following a request from the likely German chancellor, Friedrich Merz.
The French president's comments on Friday follow reports earlier in the week that France was ready to use its nuclear deterrent to help protect Europe.
Michael Witt from King's Business School, King's College London, told Newsweek that France's offer to extend its nuclear umbrella was in response to President Donald Trump signaling a retreat from NATO which meant Europe could not rely on U.S. protection.
#News #Macron #Europe #News #NewsWeek
Read More...
Russia is ‘recycling’ wounded troops, sending some to the frontline on crutches
Kyiv & London
CNN
—
The Russian military is sending wounded troops on crutches back to the frontlines to fight, and redeploying soldiers with significant injuries to combat roles, as it struggles with growing manpower issues, according to videos and testimony obtained by CNN.
Frontline footage posted by Ukrainian drone operators and Russian troops show men who have clearly suffered leg injuries, some still bandaged, using crutches in combat areas, in several instances targeted by Ukrainian drones as they use the walking aids to try to flee.
“The Russians are recycling the wounded back into the fight,” one Western official said, referring to videos of “troops on crutches being pushed back into the line.”
The use of wounded soldiers is a sign that Moscow is managing its growing manpower issues without a wider, general mobilisation, which would be unpopular among Russia’s urban middle classes, according to the official, who spoke to CNN on condition of anonymity on a sensitive topic.
#Russia #CNN #News
Read More...
Number of Canadians travelling to U.S. plummets amid threats
Canadians appeared to be abandoning road trips to the U.S. amid President Donald Trump’s sovereignty and economic threats to their country.
The number of Canadian-resident return trips by car from the U.S. plunged 23% from a year ago in February, marking the second straight month with a year-over-year decline, Statistics Canada reported Monday.
The annual drops in January and February were the first and second since March 2021.
#Canada #USA #News #NationalPost
Read More...
China says it is ready for 'any type of war' with US
China has warned the US it is ready to fight "any type" of war after hitting back against President Donald Trump's mounting trade tariffs.
The world's top two economies have edged closer to a trade war after Trump slapped more tariffs on all Chinese goods. China quickly retaliated imposing 10-15% tariffs on US farm products.
"If war is what the US wants, be it a tariff war, a trade war or any other type of war, we're ready to fight till the end," China's embassy said on X, reposting a line from a government statement on Tuesday.
It is some of the strongest rhetoric so far from China since Trump became president and comes as leaders gathered in Beijing for the annual National People's Congress.
On Wednesday, China's Premier Li Qiang announced that China would again boost its defence spending by 7.2% this year and warned that "changes unseen in a century were unfolding across the world at a faster pace." This increase was expected and matches the figure announced last year.
Leaders in Beijing are trying to send a message to people in China that they are confident the country's economy can grow, even with the threat of a trade war.
China has been keen to portray an image of being a stable, peaceful country in contrast to the US, which Beijing accuses of being embroiled in wars in the Middle East and Ukraine.
China may also hope to capitalise on Trump's actions relating to US allies such as Canada and Mexico, which have also been hit by tariffs, and will not want to ramp up the rhetoric too far to scare off potential new global partners.
#China #US #BBC #News
Read More...
4 arrested after 5-year-old Michigan boy's death in hyperbaric chamber explosion
Four people have been arrested after a 5-year-old boy was killed in a hyperbaric chamber explosion in Troy, Michigan.
The Troy Police Department confirmed that the arrests occurred Monday morning. They are scheduled to be arraigned Tuesday afternoon.
Michigan Attorney General Dana Nessel is providing an update on those arrested. CBS News Detroit is streaming live coverage at 11:30 a.m. Tuesday.
Police did not release the names of the people arrested; however, court records show that one of them was Tami Peterson, the center's owner.
#CBS #News #Detroid
Read More...
Dalai Lama says his successor to be born outside China
NEW DELHI — The Dalai Lama’s successor will be born outside China, the spiritual leader of Tibetan Buddhism says in a new book, raising the stakes in a dispute with Beijing over control of the Himalayan region he fled more than six decades ago.
Tibetans worldwide want the institution of the Dalai Lama to continue after the 89-year-old’s death, he writes in “Voice for the Voiceless,” which was reviewed by Reuters and is being released on Tuesday.
He had previously said the line of spiritual leaders might end with him.
His book marks the first time the Dalai Lama has specified that his successor would be born in the “free world,” which he describes as outside China. He has previously said only that he could reincarnate outside Tibet, possibly in India where he lives in exile.
“Since the purpose of a reincarnation is to carry on the work of the predecessor, the new Dalai Lama will be born in the free world so that the traditional mission of the Dalai Lama — that is, to be the voice for universal compassion, the spiritual leader of Tibetan Buddhism, and the symbol of Tibet embodying the aspirations of the Tibetan people — will continue,” the Dalai Lama writes.
Tenzin Gyatso, the 14th Dalai Lama, fled at the age of 23 to India with thousands of other Tibetans in 1959 after a failed uprising against the rule of Mao Zedong’s Communists.
Beijing insists it will choose his successor, but the Dalai Lama has said any successor named by China would not be respected.
#NBC #News #DalaiLama
Read More...
European stocks steady after US markets plunge
A sell-off in global shares eased in Europe on Tuesday following a sharp fall in US stocks that came as investors raised concerns about the negative economic impact of President Donald Trump's tariffs.
It followed the president saying in a TV interview that the world's biggest economy was in a "period of transition", when asked about suggestions of a potential recession.
Since those remarks were broadcast on Sunday, top Trump officials and advisers have sought to calm investor fears.
The US S&P 500 share index fell nearly 3% on Monday, but in Europe most of the major markets opened little changed.
#Europe #Stocks #US #BBC #News
Read More...
Ukraine's biggest drone attack on Moscow kills one, disrupts air and train transport
MOSCOW, March 11 (Reuters) - Ukraine on Tuesday launched its biggest ever drone attack on Moscow and the surrounding region, killing at least three employees of a meat warehouse, injuring 17 others and causing a short shutdown at the Russian capital's four airports, Russian officials said.
A total of 343 drones were downed over Russia, including 91 over Moscow region and 126 over the western region of Kursk where Ukrainian forces have been pulling back, as well as near the Kursk nuclear power plant, the defence ministry said.
#Russia #Ukraine #War #Reuters #News
Read More...
As measles outbreak grows, HHS secretary says vaccination is a personal decision that can protect individuals and communities
As a measles outbreak in Texas has grown to nearly 150 cases, US Health and Human Services Secretary Robert F. Kennedy Jr. said in an opinion piece on Fox News on Sunday that parents should consult with health-care providers “to understand their options to get the MMR vaccine” for their children.
Kennedy did not explicitly recommend the vaccine, but said the outbreak was a “call to action for all of us to reaffirm our commitment to public health.”
#News #Texas #CNN #FoxNews
Read More...
Trump condemns Zelensky remarks that war end is 'far away'
A statement by Ukrainian President Volodymyr Zelensky saying a deal to end the war with Russia was "very far away" has drawn a furious response by Donald Trump.
"America will not put up with it for much longer," the US president said in a social media post, before accusing Zelensky of not wanting peace.
A summit of mostly European leaders in London on Sunday agreed a four-point plan to guarantee Ukraine's defence in the event of a peace deal with Russia.
"Probably not a great statement to have been made in terms of a show of strength against Russia. What are they thinking?" Trump said, apparently referring to the summit held two days after his fiery clash with Zelensky at the Oval Office.
The summit - hosted by UK Prime Minister Keir Starmer - was intended as a show of support for Ukraine and an attempt to reduce differences between Western countries over Ukraine.
Britain and France said they were working on a European-led solution to the conflict.
After the meeting, Zelensky said a deal to end the war between Ukraine and Russia was "still very, very far away".
He added that he expected the US to continue backing Ukraine despite his own fraught relations with Trump.
"I believe that Ukraine has a strong enough partnership with the United States of America," Zelensky said late on Sunday.
#Zelensky #Trump #BBC #News
Read More...
Woman stung by scorpion while getting luggage at Boston's Logan Airport
A woman was taken to a hospital Sunday night after a scorpion stung her at Boston Logan International Airport.
Boston Emergency Medical Services took the woman to an area hospital by ambulance just before 7 p.m., they said in a statement to NBC News.
It's not clear what kind of scorpion stung the woman or what condition she was in.
The 40-year-old woman, who identity has not been released, was retrieving her luggage from the baggage claim area of customs when she was stung, NBC Boston reported.
#NBC #News #Boston #Scorpion #Airport
Read More...
Pope Francis had two new episodes of "acute respiratory failure"
Pope Francis experienced “two episodes of acute respiratory failure,” the Vatican said Monday, marking the latest in a series of medical crises the 88-year-old pontiff has endured since he was first hospitalized last month.
Monday’s episodes were caused by “significant accumulation of endobronchial mucus” and a consequent narrowing of the airways, the Vatican said.
Earlier in the day, the pope underwent two bronchoscopies and doctors removed a buildup of secretions.
In the afternoon, Francis was given oxygen through a mask to help with his breathing, according to the Vatican.
Throughout, the pontiff remained alert and cooperative, the Vatican said.
“It was a complicated afternoon,” Vatican sources said Monday evening, adding that the acute respiratory crisis, which lasted for part of the afternoon, is over, and that the pope was resting.
“The accumulation of the mucus is a result of the pneumonia and that causes coughing and spasm as the bronchi try to expel the mucus as it irritates them,” the sources said.
Dr. Theodore Iwashyna, professor of pulmonary and critical care medicine at Johns Hopkins University told CNN that a bronchoscopy is a moderately invasive procedure, and that “it is not good” to need two bronchoscopies within a short period of time to manage secretions.
“In a person that’s quite ill and requiring non-invasive ventilatory support, you would usually need to have a good reason to do it,” Iwashyna said, adding that mucus buildup is not a positive sign in a patient with pneumonia.
“As your pneumonia gets better you’ll produce less mucus. Sometimes as your pneumonia gets better you finally get strong enough to cough it up,” he said.
The Vatican sources said Monday that Francis’ blood tests remain the same and his prognosis remains “reserved.”
Dr. Jeremy Faust, a Boston-based emergency physician told CNN the “non-invasive mechanical ventilation” that Vatican sources said was a mask, is meant to help deliver oxygen with a little bit of pressure.
#CNN #News #PopeFrancis
Read More...
Ireland plans to buy first fighter jets in 50 years
Ireland’s planned purchase of combat jets and the development of a long-overdue national radar system mark a historic turning point in the country’s approach to air defence, ending decades of reliance on the United Kingdom to protect Irish skies.
Since 1998, when the Irish Air Corps disbanded its Light Strike Squadron, which operated aging French Fouga CM170 Magister jets, Ireland has had no combat jets. The country also lacks a primary radar system. Without these capabilities, a “secret bilateral pact” has seen the UK’s Royal Air Force (RAF) tasked with intercepting and responding to aerial threats in Irish airspace.
According to former Irish Air Corps head General Ralph James, this reliance on a foreign power, coupled with Ireland’s lack of radar coverage, has made the country “probably the most vulnerable” in Europe. Speaking at the Slándáil 2020 security summit, James warned that neutrality alone was not a defence strategy, stressing that Ireland must be able to deny its airspace to both sides in any future conflict.
#Ireland #News #AeroTime
Read More...
No survivors from plane that crashed in Brazil with 61 people on board, officials say
The Voepass aircraft crashed into a residential area, although there were no reports of casualties on the ground
A passenger plane with 61 people on board has crashed in a fiery wreck in Brazil’s São Paulo state, killing all passengers and crew.
The airline Voepass initially reported 62 people had been on the plane but later revised the figure to 61, confirming the deaths of all 57 passengers and four crew members on board.
“At this time, Voepass is prioritizing provision of unrestricted assistance to the victims’ families and effectively collaborating with authorities to determine the causes of the accident,” the company said in a statement
“There are no survivors,” Col Emerson Massera of the Brazilian military police told reporters at the crash site in the city of Vinhedo late on Thursday.
Massera said the fire had been brought under control, but about 50 firefighters were still working to cool down the area. “It’s a very sad scene; our work now is focused on clearing the area so that the investigation and identification of the bodies can proceed,” he said.
The ATR-72 turboprop plane was en route from Cascavel, in the state of Paraná, to Guarulhos, in São Paulo, when it crashed in a residential neighbourhood about 76km away from the state capital.
No casualties were reported on the ground, according to Col Cassio Araújo de Freitas, the general commander of the military police, who said: “We have no reports of any other victims besides those on the aircraft.”
According to the Flight Radar website, the plane was traveling at 17,000ft before plunging 4,000ft in two minutes, and then its signal was lost.
Video shared on social media showed the plane spiraling out of control as it plunged down into a cluster of trees, followed by a large plume of black smoke.
Another clip showed flames and smoke coming from the plane fuselage where it had apparently plowed into the side of a house. Burning debris and at least one body could be seen strewn across the gardens of a residential area, while emergency vehicles arrived.
Ana Lúcia de Lima, who lives nearby, told the UOL news website that the noise was so loud it “sounded like it was falling into my house … The first blast was strong, there was already dark smoke coming out, and then there were several more explosions.”
Another resident, Daniel de Lima, said he heard a loud noise before looking outside and seeing the plane in a horizontal spiral.
“It was rotating, but it wasn’t moving forward,” he told Reuters. “Soon after, it fell out of the sky and exploded.”
The Brazilian air force and the federal police sent teams of investigators to the site.
The head of the air force’s Aeronautical Accident Investigation and Prevention Centre, Brigadier Marcelo Moreno, said that there was no timeline for the investigation to be completed. He said: “It is still very premature to say anything.”
But he said it was already clear that “there was no communication from the aircraft to the control authorities indicating an emergency”.
Voepass stated that the aircraft had taken off “without any flight restrictions, with all its systems functioning properly for the operation”.
Speaking at an event in southern Brazil on Friday afternoon, just minutes after the accident, the president, Luiz Inácio Lula da Silva, called for a minute of silence for those lost in the crash.
#news #brazil
Read More...
Russia and U.S. Held Secret Talks on Restarting Nord Stream 2 Pipeline
Russian and U.S. negotiators held secret talks on resuming gas flows to Germany via the Nord Stream 2 pipeline, the German tabloid Bild reported Sunday, citing anonymous sources familiar with the matter.
The Swiss-based operator of Nord Stream 2 and other Russia-based entities linked to the $11 billion pipeline are currently under U.S. sanctions. The reported U.S.-Russia discussions on restarting the pipeline are seen as part of President Donald Trump’s efforts to rebuild ties with Russia.
According to Bild, Trump’s special envoy Richard Grenell made multiple unofficial visits to the headquarters of Nord Stream 2 AG — the pipeline’s operator, which is fully owned by Russia’s sanctioned energy giant Gazprom — in the Swiss city of Steinhausen for negotiations.
Grenell denied participating in the reported talks.
#TheMoscowTimes #News #Russia #US #Germany
Read More...
Canada PM Trudeau says protecting independence is his priority in talks with King Charles
Canadian Prime Minister Justin Trudeau said his priority in talks with King Charles on Monday will be protecting his country's sovereignty after U.S. President Donald Trump recently suggested making Canada the 51st U.S. state.
Trudeau said nothing is more important to his citizens than "standing up for our sovereignty and our independence", ahead of the meeting with Charles, who is Canada's head of state.
Last week, Charles invited Trump to what would be a historic second state visit to Britain, with Prime Minister Keir Starmer handing over the invitation during a meeting before the world's media in the Oval Office.
"I look forward to sitting down with His Majesty tomorrow, as always we will discuss matters of importance to Canada and Canadians, and I can tell you that nothing seems more important to Canadians than standing up for our sovereignty and our independence as a nation," Trudeau told reporters.
Trudeau, the outgoing prime minister, said last month that Trump's talk about absorbing Canada "is a real thing" and is linked to the country's rich natural resources.
Trump has repeatedly suggested Canada would be better off if it agreed to become the 51st U.S. state.
Trudeau was also asked about Trump's meeting with Ukrainian President Volodymyr Zelenskiy. "I stand with Zelenskiy," he said.
#Investing #News #Canada #KingCharles
Read More...
Canada imposes new sanctions against Russia
Canada introduced new sanctions on March 2 against 10 Russian individuals and 21 entities, including paramilitary groups.
The sanctions were announced by the Office of Prime Minister Justin Trudeau, following his participation the same day in the European leaders’ summit in London.
Canada’s new sanctions target leaders of post-Wagner paramilitary organizations, a senior Russian military official, and several groups operating in Ukraine and Africa, as well as entities involved in resource extraction within these networks.
"To date, Canada has imposed sanctions on over 3,000 individuals and entities complicit in Russia’s aggression – and we remain committed to working with our partners to increase economic pressure on Russia," the statement said. “Canada’s commitment to Ukraine is unwavering.”
#KyivIndependent #News
#Russia #Canada
Read More...
Trump warns Zelensky he 'won't be around very long' if he refuses peace deal with Russia
Donald Trump stepped up the pressure on Volodymyr Zelensky Monday with a stark warning: Sign up to a peace deal or risk annihilation.
The U.S. president spoke to reporters at the White House after an investment announcement, and used the occasion to further ratchet up pressure on the Ukrainian leader.
He said Zelensky should be 'more appreciative' of American aid if he wants Washington's help and made clear his frustration after their Oval Office summit on Friday descended into a slanging match.
#Trump #Zelensky #DailyMail #News
Read More...
Dow tumbles 800 points as Trump confirms tariffs on Mexico and Canada will start Tuesday
US stocks slid Monday as investors braced for President Donald Trump’s proposed tariffs on Canada and Mexico to go into effect by the midnight deadline.
The Dow tumbled 650 points, or 1.48%, to close at 43,191. The Dow fell almost 900 points in afternoon trading before pulling back slightly. The broader S&P 500 fell 1.76% and the Nasdaq Composite fell 2.64%.
The S&P 500 posted its biggest one-day decline of the year. The Nasdaq is down about 6.5% since since Trump took office on January 20.
“Tomorrow, tariffs — 25% on Canada and 25% on Mexico,” Trump said during a press conference at the White House. “And that’ll start. … What they have to do is build their car plants, frankly, and other things in the United States, in which case they have no tariffs.”
Trump said the two trading partners had “no room” left to negotiate to avoid the levies and that he was using tariffs to “punish” countries that, as he put it, were taking from the US economy without giving enough in return.
“They’re all set. They go into effect tomorrow,” he said.
Trump also signed an executive order on Monday raising tariffs on imports from China to 20%, up from 10%. Trump said the tariffs, aimed at bringing China to the table on curtailing fentanyl entering the United States, will be raised because the communist country has not done enough to stem the flow of illegal drugs.
The VIX, Wall Street’s fear gauge, surged to its highest point this year after Trump’s comments.
“Due to the uncertainty surrounding the tariffs, the stock market has erased the gains from the ‘Trump bump’ following the presidential election and the expected upward pressure on prices is giving investors pause,” said Gustavo Flores-Macias, a professor of government and public policy at Cornell University.
“For investors, 2025 can still be a positive year for stocks, but it may take all year to realize gains. And they may be modest,” said Gina Bolvin, president of Bolvin Wealth Management Group.
“I’m still a bull,” Bolvin said.
The import taxes Trump imposed are significant — the largest in US-China history. The initial tariffs, which went into effect February 4, set in motion tariffs on $1.4 trillion of imported goods. That’s more than triple the $380 billion worth of foreign goods that were hit with tariffs during Trump’s first term, according to estimates from the Tax Foundation.
Before he became president, Trump pledged a 60% tariff on all Chinese goods, so the tariff level could rise still.
Commerce Secretary Howard Lutnick said at the press conference about tariffs on Canada and Mexico that global companies can avoid tariffs if they invest into production in the United States, like TSMC, the Taiwanese chipmaker at the White House on Monday to announce a $100 billion US investment.
Trump’s tariffs will raise prices of imported goods, which could boost demand for goods produced in the US, according to analysts at Goldman Sachs. But they also noted that tariffs will have negative effects on some American businesses.
“Tariff increases will also raise production costs for some domestic producers and will likely prompt foreign retaliation against some US exports, both of which could hurt domestic production,” they wrote in a note.
#CNN
#Mexico #Canada #China #US #News
Read More...