Trump’s Fed fight looks like something from another country

  • Post category:World News

Natalie ShermanBusiness reporterGetty ImagesUS President Donald Trump and Federal Reserve chair Jerome Powell A political leader demanding questionable policy from the central bank and testing the legal limits to get it - to Martin Redrado, sitting in Argentina, Donald Trump's stand-off with the Federal Reserve feels surprisingly familiar.Redrado was fired as head of Argentina's central bank in 2010, after he resisted orders by then-President Cristina Kirchner to hand over reserves to help pay off national debts. He fought…

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What you need to know

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Leehyun Choi,SeoulandKelly NgGetty ImagesThis verdict comes more than a year after Yoon's short-lived martial law decreeSouth Korea's beleaguered ex-president Yoon Suk Yeol has been found guilty of abuse of power, falsifying documents and obstructing justice when he tried and failed to impose martial law in the country in 2024. He has also been sentenced to five years in jail.Yoon is facing three other trials for charges ranging from insurrection to violating campaign law. The verdict comes more than…

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S Korea’s ex-president Yoon to be jailed for five years over martial law bid

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Jake Kwon,Seoul correspondentandLeehyun Choi,SeoulEPA/ShutterstockYoon was impeached in 2024 for his martial law attemptSouth Korea's impeached president Yoon Suk Yeol will be jailed for five years over abuse of power, obstructing justice and falsifying documents in relation to his failed martial law bid in 2024.This is the first of the verdicts in four trials linked to his shock martial law decree. Although short-lived, the move triggered nationwide turmoil, sparking protests as MPs rushed to the national assembly to overturn…

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Machado presents Trump with her Nobel award at White House meeting

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Venezuelan opposition leader María Corina Machado has given her Nobel Peace Prize medal to President Donald Trump during a meeting at the White House, saying it was a recognition of his commitment to her country's freedom."I think today is a historic day for us Venezuelans," she said after meeting Trump in person for the first time, weeks after US forces seized Venezuelan President Nicolás Maduro in Caracas and charged him in a drug-trafficking case.Trump said on social media…

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Spanish singer denies allegations of sexual abuse

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Singer Julio Iglesias has denied allegations of sexual assault made by two female former employees.The women allege that the 82-year-old Spanish superstar "normalised abuse" in a coercive, threatening and violent environment while they were working at his properties in the Bahamas and Dominican Republic.Responding on Instagram, Iglesias said: "I deny having abused, coerced, or disrespected any woman. These accusations are absolutely false and deeply sadden me."The allegations, which were first reported earlier this week, are being investigated by…

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Nigeria vows healthcare action after death of author’s child

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Mansur Abubakar,AbujaandMakuochi Okafor,BBC Africa, LagosEPAPopular author Chimamanda Ngozi Adichie alleges her toddler was denied oxygen and excessively sedated, leading to cardiac arrestA series of harrowing cases of allegations of medical negligence, including the death of novelist Chimamanda Ngozi Adichie's 21-month-old son, has ignited a fierce debate about patient safety within Nigeria's healthcare system.Following the outcry, the health minister has admitted "systemic challenges" and announced the creation of a national task force on "clinical governance and patient safety" to…

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US accuses South Africa military of ‘cosying up to Iran’

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The US has accused South Africa's defence ministry of refusing to obey orders from its own government to send home Iranian warships that have been conducting naval exercises in the African country's waters. "South Africa can't lecture the world on 'justice' while cozying up to Iran," it said in a statement.In response, South Africa's defence ministry said it was launching an inquiry to get to the root of these "serious allegations".Washington has criticised South Africa for inviting Iran…

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Iranians on border describe violence and more protestsand violence during blackout

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Lucy WilliamsonBashmaq border crossing, Iraqi KurdistanFred Scott/BBCPeople and traffic still regularly cross the Iran-Iraq borderAt the border crossing from Iran into Iraqi Kurdistan, the stern face of Iran's former supreme leader, Ayatollah Khomeini, peers down at the trickle of Iranians leaving the territory.Thick snowflakes confetti the lorries and pedestrians arriving at this remote mountain pass.Metres away, just beyond the border post, an Iranian flag flutters in the snow.Iran has shut down the internet and blocked phone calls into…

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China and Canada announce tariffs relief after a high-stakes meeting

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Laura Bicker,Beijing ,Suranjana Tewari,Singapore ,Koh Ewe,SingaporeandJessica Murphy,TorontoReutersMark Carney's visit to China is the first by a Canadian leader in nearly a decadeChinese leader Xi Jinping and Canadian PM Mark Carney have announced lower tariffs, signalling a reset in their countries' relationship after a key meeting in Beijing.China is expected to lower levies on Canadian canola oil from 85% to 15% by 1 March, while Ottawa has agreed to tax Chinese electric vehicles at the most-favoured-nation rate, 6.1%, Carney…

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CIA director had two-hour meeting with new Venezuelan leader in Caracas

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ReutersCIA director John Ratcliffe met Venezuela's Interim President Delcy Rodríguez in Caracas on Thursday "at President Trump's direction," a US official has said. The two-hour meeting was aimed at building trust and communication following the US seizure of Venezuela's former president Nicolás Maduro almost two weeks ago. Ratcliffe and Rodríguez discussed potential economic collaboration and that "Venezuela can no longer be a safe haven for America's adversaries", according to the US official.The meeting took place on the same…

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Who is Reza Pahlavi, the son of Iran’s last shah?

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65-year-old Reza Pahlavi, the exiled son of Iran's last shah has been a prominent voice calling for protests to continue in the country.Human rights groups say around 2,500 people have been killed in two weeks, as the authoritarian regime attempts to quash the demonstrations. Meanwhile, US President Donald Trump has not ruled out military action against the country over its violent crackdown.But who is Pahlavi, and what support does he enjoy among Iranians? Source link

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Myanmar begins defence at ICJ

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Myanmar has denied committing genocide against the Ronhingya people, saying The Gambia has failed to provide enough proof, as it begun its defence at the UN's top court.Ko Ko Hlaing, a Myanmar government representative, told judges at the International Court of Justice (ICJ) that the allegation was "unsubstantiated".Earlier this week, The Gambia's foreign minister Dawda Jallow told the court Myanmar wanted to erase the minority Muslim population through its use of "genocidal policies".Thousands of Rohingya were killed and…

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