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Washington (AFP) - A senior official at the US central bank said Friday that she doesn't expect any interest rate cuts this year following a recent uptick in inflation. The US Federal Reserve has held rates at a 23-year high for months as it battles to bring elevated inflation back down to its long-term target of two percent. After easing significantly last year, inflation has accelerated once more since the start of the year, causing concern among Fed officials as they contemplate the right time to start lowering rates. "I, at this point, have not written in any cuts" for 2024, Fed governor...
AFP
Washington (AFP) - A huge solar storm is heading for Earth, supercharging auroras and bringing possible disruptions to satellites and power grids as early as Friday evening, US officials say. Coronal mass ejections (CMEs) -- large expulsions of plasma and magnetic fields from the Sun -- are predicted to arrive late Friday to early Saturday US time, the Space Weather Prediction Center of the National Oceanic and Atmospheric Administration (NOAA) said. The new storm, which is expected to persist through the weekend, comes with the Sun approaching the peak of an 11-year cycle that brings heighten...
AFP
Washington (AFP) - The United States on Friday announced a new $400 million military aid package for Kyiv as Russia launched a ground offensive that has sparked heavy fighting in northeast Ukraine. It is the third package for Ukraine in less than three weeks, following two in late April valued at a total of $7 billion as Washington seeks to make up for months in which it provided only limited assistance. In a memo released by the White House, President Joe Biden authorized the provision of "up to $400 million in defense articles and services of the Department of Defense, and military education...
AFP
Washington (AFP) - Most of Joe Biden's clean energy tax credits are now law and are unlikely to be reversed by Donald Trump if he wins November's presidential election, a senior administration official said Friday. The 2022 Inflation Reduction Act (IRA) -- one of Biden's most significant policy achievements as president -- contains tax credits, subsidies and grants worth hundreds of billions of dollars designed to turbo-charge America's energy transition. The legislation has been opposed by some Republicans, including Trump, who is reportedly looking at ways to gut Biden's signature law if he...
AFP
New York (AFP) - Donald Trump's New York criminal trial wrapped up its third week of evidence Friday following bombshell testimony from the adult film star at the heart of the case. Stormy Daniels, who claims to have had sex with Trump in 2006, denied she threatened him if he did not buy her silence for $130,000, a payment that prosecutors say Trump then covered up. Trump, 77, is accused of falsifying business records to reimburse his lawyer, Michael Cohen, for the payment on the eve of the 2016 presidential election, when the story could have proved politically fatal. The completion of Daniel...
AFP
Washington (AFP) - A US federal appeals court on Friday upheld the contempt of Congress conviction of Steve Bannon, raising the prospect that Donald Trump's former White House strategist could go to jail soon. Bannon, 70, one of the masterminds behind Trump's 2016 presidential campaign, was sentenced to four months in prison in October 2022 but has remained free while appealing his conviction. A three-judge panel of the DC Circuit Court of Appeals rejected Bannon's appeal on Friday but gave him seven days to file an appeal with the full court. Bannon could also make a last-ditch request to th...
AFP
Washington (AFP) - Experts have long warned about the threat posed by artificial intelligence going rogue -- but a new research paper suggests it's already happening. Current AI systems, designed to be honest, have developed a troubling skill for deception, from tricking human players in online games of world conquest to hiring humans to solve "prove-you're-not-a-robot" tests, a team of scientists argue in the journal Patterns on Friday. And while such examples might appear trivial, the underlying issues they expose could soon carry serious real-world consequences, said first author Peter Park...
AFP
Cambridge (United States) (AFP) - Police carried out pre-dawn swoops Friday on students protesting the war in Gaza at two prestigious US universities, in the latest unrest on campuses across the country. And late Thursday, police broke up a pro-Palestinian protest at the University of Calgary in western Canada using tear gas. The police action at the Massachusetts Institute of Technology (MIT) near Boston in the northeast resulted in around 10 arrests, according to university president Sally Kornbluth, who said she had "no choice" but to dismantle the "high-risk flashpoint." At the University ...
AFP
Tijuana (Mexico) (AFP) - The bodies of two Australian surfers murdered in Mexico were taken to the United States on Thursday to be delivered to their relatives for the long journey home. The funeral home transporting the remains of brothers Jake and Callum Robinson, who were aged 30 and 33 respectively, confirmed that they had been transferred from Tijuana to San Diego where their parents were waiting. The body of their 30-year-old American friend Jack Carter Rhoad, who was also murdered, was in the care of another funeral company. The tourists had been camping in a remote beachside area in vi...
AFP
By Maggy DONALDSON New York (AFP) - Stormy Daniels et l'avocate de Donald Trump se sont affrontées jeudi lors d'un contre-interrogatoire musclé, où les questions ont parfois tourné à l'étrange, allant jusqu'à provoquer l'irritation du juge. Lors d'échanges tendus, l'ancienne actrice pornographique Stormy Daniels a fait preuve d'une grande réactivité et ténacité, tout en sachant se montrer vulnérable, alors que la défense raillait sa carrière et s'en prenait à sa crédibilité. Dans cette salle d'audience aux lustres néons blancs, Stormy Daniels a répondu aux attaques, des heures durant, lors de ...
AFP (Français)
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