Incoming officials in President-elect Donald Trump’s administration are reportedly crafting a sanctions strategy aimed at expediting a resolution to the Russia-Ukraine conflict. According to Bloomberg, the plan includes options to pressure Moscow while managing global oil market stability amid existing sanctions on major producers like Russia, Iran, and Venezuela.
Scott Bessent, nominee for Treasury Secretary under the incoming Trump administration, is set to outline a bold economic agenda during his Senate confirmation hearing Thursday. According to prepared remarks, Bessent will emphasize the need to permanently extend the 2017 Tax Cuts and Jobs Act while advancing new policies to reduce the tax burden on manufacturers, service workers, and seniors.
UK Prime Minister Sir Keir Starmer made a surprise visit to Kyiv on Thursday, where he announced a landmark 100-year military and economic alliance with Ukraine. Starmer described the agreement as a symbol of the “unbreakable bond” between the two nations, aimed at fostering long-term support for Ukraine and enhancing bilateral cooperation in defense, trade, and cultural initiatives.
Louisiana Governor Jeff Landry’s initiative to address homelessness in New Orleans faced protests on Wednesday as officials cleared encampments and opened a new temporary shelter in the Gentilly area.
On her Monday night show, MSNBC’s Joy Reid made a controversial claim, alleging that the "billionaire right" plans to exploit the destruction caused by the ongoing Los Angeles wildfires to create "apartheid-like conditions" in Southern California.
Amazon has announced significant changes to its diversity, equity, and inclusion (DEI) initiatives, following an internal review. In a memo from Candi Castleberry, Vice President of Inclusive Experiences and Technology, the company stated it is "winding down outdated programs and materials" to integrate DEI efforts into broader company processes. The move reflects a trend in the corporate world as several major companies reevaluate their DEI strategies.
Saudi Energy Minister Prince Abdulaziz bin Salman announced Monday that the Kingdom plans to produce "yellowcake," a uranium concentrate used as fuel for nuclear power plants, and to enrich and sell uranium globally. The statement, made at an energy conference, highlights Saudi Arabia’s ambitions to expand its nuclear program and diversify its economy beyond oil.
The New York Times editorial board proposed a sweeping plan to resolve America’s immigration challenges, advocating for increased legal migration while sidelining concerns of many Americans. The op-ed, titled “A Big Idea to Solve America’s Immigration Mess,” frames migrants as essential for economic growth while casting native-born Americans as a declining population incapable of meeting labor demands.
