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Yearly Archives :

2024

Pentagon says detainee was repatriated from Guantanamo Bay to Tunisia

Pentagon says detainee was repatriated from Guantanamo Bay to Tunisia 150 150 admin

(Reuters) – The U.S. Department of Defense said on Monday that detainee Ridah Bin Saleh Al-Yazidi was repatriated from Guantanamo Bay to Tunisia.

It said 26 detainees remain at the facility, of which 14 are eligible for transfer.

(Reporting by Idrees Ali and Jasper Ward; Editing by Christian Schmollinger)

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5 charged in connection to the death of One Direction star Liam Payne

5 charged in connection to the death of One Direction star Liam Payne 150 150 admin

Prosecutors in Argentina have filed charges against five people in connection with the death of One Direction star Liam Payne after he fell from the third-floor balcony of his hotel room in Buenos Aires in October. CBS News’ Shanelle Kaul has more.
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U.S. Treasury says Chinese hackers stole documents in 'major incident'

U.S. Treasury says Chinese hackers stole documents in 'major incident' 150 150 admin

The U.S. Treasury Department says it was hacked by cybercriminals backed by the Chinese government. A Treasury official said the attackers breached federal work stations, but did not provide details on what sort of unclassified documents they may have obtained. CBS News’ Nicole Sganga has the latest.
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Tesla to fix software for 77,650 China-made vehicles, says market regulator

Tesla to fix software for 77,650 China-made vehicles, says market regulator 150 150 admin

BEIJING (Reuters) – Tesla will fix software in 77,650 China-made Model 3 and Model Y cars over safety hazards, China’s market regulator said on Tuesday.

The action, due to software issues that may fail to display the monitored tyre pressure immediately after the vehicle starts, is described as a product recall under Chinese regulations, the regulator said. It was not immediately clear if drivers might need, or would be eligible, to return vehicles to Tesla for refunds.

The U.S. electric vehicle maker is also recalling 63 imported Model S and Model X cars in China over issues with the driver’s frontal airbag.

(Reporting by Qiaoyi Li and Brenda Goh)

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Town thanks fugitive cartel leader for children's holiday gifts

Town thanks fugitive cartel leader for children's holiday gifts 150 150 admin

“El Mencho” has been indicted in the U.S. and the State Department this month increased a reward to $15 million for his capture.
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Trump gives US House Speaker Johnson ‘complete and total endorsement’

Trump gives US House Speaker Johnson ‘complete and total endorsement’ 150 150 admin

By Bo Erickson

WASHINGTON (Reuters) -U.S. President-elect Donald Trump on Monday threw his support behind House Speaker Mike Johnson, who will stand for reelection to the top job this week with a slim Republican majority in the House of Representatives.

“Speaker Mike Johnson is a good, hard working, religious man. He will do the right thing, and we will continue to WIN. Mike has my Complete & Total Endorsement. MAGA!!!” Trump said in a post on Truth Social.

The House is scheduled to elect a speaker on Friday following the swearing-in of the new Congress. The endorsement from Trump is essential to Johnson’s hopes of maintaining the leadership position he assumed in October 2023.

The job puts him in a close working relationship with Trump, who returns to the White House on Jan. 20.

Thirty-four Republicans voted against Johnson’s stopgap funding bill in December, raising questions on whether some of them would support Johnson’s next bid for the speakership because they argued the legislation favored Democrats.

Republicans hold a 219-215 majority in the House, meaning the vote will likely be dependent on Republicans maintaining their unity.

Representative Victoria Spartz, a Republican, said on Fox News on Monday that she remained uncommitted, saying Johnson was afraid to bring up votes on fiscal legislation that could hamper Trump’s agenda.

“I can give him a chance, but I would like to hear from him how he’s going to be delivering this agenda,” Spartz said. She spoke before Trump posted his endorsement on social media.

Moderate New York Republican Representative Mike Lawler on Sunday told ABC-TV’s “This Week” program: “The fact is that these folks are playing with fire, and if they think they’re somehow going to get a more conservative speaker (than Johnson) they’re kidding themselves.”

Some lawmakers are urging the creation of a commission to examine ways to bring down escalating U.S. budget deficits and a national debt that has topped $36 trillion, by possibly trimming spending on government-run retirement and healthcare programs.

Democrats oppose reducing those programs’ benefits and have called for shoring up their fiscal condition largely through higher taxes on the wealthy.

Given Republicans’ narrow majority, if as few as two were to vote for someone other than Johnson, it could doom his bid to continue as speaker.

Prior to Trump’s endorsement, Republican Representative Thomas Massie on Monday reiterated his intention to oppose Johnson’s election. He and other right-wing Republicans have pushed for deep domestic spending cuts.

No other Republican has publicly challenged Johnson for the leadership position but lawmakers have wide latitude to cast votes for whoever they want, including citizens who are not members of the House.

The chamber went three weeks without a speaker in 2023 after a small group of Republicans voted to oust then-Speaker Kevin McCarthy.

If Johnson — or another Republican — is unable to coalesce a majority of support, the chamber could be without a speaker in time for the official certification of Trump’s victory on Jan. 6, sparking an uncertain path forward as it is difficult for the House to do business without a speaker.

Whoever ultimately does obtain the speaker’s gavel likely will have to temporarily govern with even a tighter majority after Trump’s Jan. 20 inauguration, as he has picked two House Republicans to join his administration.

(Reporting by Doina Chiacu, Bo Erickson; Editing by Howard Goller, Richard Cowan and Alistair Bell)

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Factbox-Important dates to watch as Republicans take control in the US Congress

Factbox-Important dates to watch as Republicans take control in the US Congress 150 150 admin

By Bo Erickson

WASHINGTON (Reuters) -January brings several consequential dates for the U.S. Congress as Republicans consolidate power as a result of last November’s elections with full control of the Senate, House of Representatives and White House. 

JAN. 3:

The 119th Congress convenes with new members being sworn in. Republicans hold a narrow majority of 219-215 in the House. The Senate majority is 53-47, well below the 60-vote threshold needed to advance most legislation. 

Republican Senator John Thune already has been selected for the top job of Senate majority leader, but all eyes will be on the lower chamber as the House votes for speaker.

Speaker Mike Johnson is running to stay in his position and is backed by President-elect Donald Trump. However, if as few as two Republicans vote against Johnson, his speakership could be in jeopardy because a majority of the chamber is needed to win.

Democrats will nominate Minority Leader Hakeem Jeffries to challenge Johnson for the speakership but are expected to fall a few votes short.

The party with the majority — no matter how slim — is always expected to win the speaker’s post.

JAN. 6:

Exactly four years after an angry mob of Trump supporters attacked the U.S. Capitol trying to stop the congressional certification of President Joe Biden’s 2020 victory, Congress will once again convene to certify Trump’s 2024 win during a joint session of Congress. Vice President Kamala Harris, who Trump defeated in the election, will preside over the Electoral College count in her dual capacity as Senate president.

Hostility like the 2021 Capitol riot is not expected, yet Congress has since then passed reforms to the certification process to prevent outside disruptions. Trump has vowed to pardon some of the Jan. 6 defendants when he takes office.

JAN. 7-9: 

President Joe Biden has declared Jan. 9 a national day of mourning and the official state funeral for former President Jimmy Carter, who died on Dec. 29 at the age of 100. Congressional leaders announced the coffin bearing Carter’s remains will lie in state in the Capitol Rotunda from Jan. 7 to Jan. 9 in the run-up to the state funeral. 

JAN. 20: 

Trump will be sworn in on the West Front steps of the Capitol and takes office as the 47th president, only the second president to be reelected after leaving office. Trump is expected to announce dozens of executive actions on his first day in office from immigration changes to energy decisions. 

Once Trump is inaugurated, he will be able to formally nominate his Cabinet picks and some Senate confirmation votes could be held promptly.

(Reporting by Bo Erickson; editing by Richard Cowan and David Gregorio)

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FBI issues warning to pro athletes following string of home burglaries

FBI issues warning to pro athletes following string of home burglaries 150 150 admin

The FBI is warning professional athletes after a string of home burglaries involving some of the biggest stars in sports. NBA superstar Luka Doncic is one of the latest victims. Officials say they believe these crimes could be connected.
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Cocoa tops global commodities rally for 2nd year, steel ingredients struggle on China demand

Cocoa tops global commodities rally for 2nd year, steel ingredients struggle on China demand 150 150 admin

By Naveen Thukral and Florence Tan

SINGAPORE (Reuters) – Cocoa and coffee are poised to close 2024 as the biggest gainers among commodities for a second year on a global supply deficit, while steel-making coal will end as the worst performer, hit by slow growth in China.

Looking ahead, global trade tensions are likely to dominate the commodities landscape in 2025 as Donald Trump returns to the White House threatening hefty tariffs, analysts said.

A strong dollar and gold’s appeal as a safe haven for investors are likely to support precious metals prices, while ample supply could depress oil for a third year, they added.

In bad news for chocolate lovers, cocoa nearly tripled in price over 2024, far outpacing gains in other commodities. It hit a record high of $12,931 a metric ton in New York earlier this month on forecasts of lower supply for a fourth successive season in West Africa following dry weather.

“The softs sector, led by cocoa and coffee, has been the main winner amid adverse weather in key growing regions, highlighting the risk to prices when products like these are produced and sourced from relatively small geographical areas,” said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen.

Top cocoa producers Ivory Coast and Ghana have suffered crop losses due to adverse weather, bean disease, smuggling and reduced plantations in favour of illegal gold mining.

Dryness has strained coffee supplies as well. ICE Arabica coffee prices soared to their highest in more than 40 years amid fears that severe drought earlier this year damaged the upcoming crop in top producer Brazil.

CHINA GROWTH WORRIES HIT OIL, IRON ORE

Crude oil and bulk metals faced headwinds in 2024 as China, the world’s second-biggest economy and top commodities buyer, struggled mainly due to a property crisis.

Brent and West Texas Intermediate crude could post a third consecutive annual decline in 2025 as supply outstrips a rebound in demand growth, analysts said, although Trump’s policies on major producers Russia and Iran could curb supply.

Spare capacity in the Organization of the Petroleum Exporting Countries (OPEC) reached an unprecedented 5 million barrels per day (bpd), analysts estimated, with the group having extended production cuts to March.

“The bleak inventory path next year suggests that OPEC+ will be challenged to bring back barrels into the market,” Harry Tchilinguirian, head of research at Onyx Capital Group, said in a note.

Iron ore prices in China recouped some losses in recent months but are still headed for a 15% decline in 2024. Prices could fall again next year as iron ore supply grows and Chinese steel demand falls, analysts said, despite Beijing’s stimulus measures.

“We expect the increase in iron ore supply from major miners will be higher than that in 2024, but steel output in China will likely slide,” Pei Hao, senior analyst at brokerage Freight Investor Services, said, forecasting an average price of $100 a ton in 2025, down from an average of $110 in 2024.

Gold and silver rose more than 25% in 2024 and could climb further in the year ahead depending on the U.S. Federal Reserve’s interest rate cuts and Trump’s tariff, tax and foreign policies, analysts said.

“Gold is the standout for us in 2025,” ING’s head of commodity research Warren Patterson said, adding that strong gold purchases by central banks will support demand.

Copper and aluminium prices are set to end 2024 higher, driven by tight supplies, the energy transition and hopes that China’s stimulus measures will boost demand.

PALM OIL, RUBBER AND GRAINS

For agricultural products, Malaysian palm oil futures jumped around 20% in 2024, snapping two consecutive years of losses, lifted by Indonesia’s biodiesel mandate and adverse weather in Indonesia and Malaysia.

Crop-threatening weather also drove a 42% gain in Tokyo rubber futures.

In contrast, soybeans, corn and wheat were in plentiful supply, all on track for losses in 2024. However, wheat prices could find some support in 2025 as warmer weather in Russia, the biggest exporter, threatens to reduce output.

Top soybean exporter Brazil is poised to deliver record supplies in 2025, positioning it to meet a rise in Chinese demand if a Washington-Beijing trade war erupts.

(Reporting by Naveen Thukral, Florence Tan and Gabrielle Ng in Singapore; Additional reporting by Amy Lv in Beijing, Violet Li in Shanghai, Ashitha Shivaprasad and Sherin Elizabeth Varghese in Bengaluru and Ashley Tang in Kuala Lumpur; Editing by Sonali Paul)

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Jimmy Carter leaves legacy of humanitarian work

Jimmy Carter leaves legacy of humanitarian work 150 150 admin

Former President Jimmy Carter’s legacy is often defined by his accomplishments after leaving office. Carter dedicated his post-White House life to building homes for those in need. John Dickerson looks back on Carter’s mission with Habitat for Humanity.
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