Category: International

  • Trump warns of ‘all hell’ if Gaza captives not freed by Saturday

    Trump warns of ‘all hell’ if Gaza captives not freed by Saturday

    US President Donald Trump set a Saturday deadline for all hostages to be released from Gaza, saying that otherwise “all hell” would break out and he would call for the Israel-Hamas ceasefire to be canceled.

    Trump’s latest extraordinary intervention in the Middle East came after Hamas threatened to postpone any further hostage-prisoner exchanges, placing the fragile six-week truce that took effect on January 19 at risk.

    Describing Hamas’s move as “terrible”, Trump told reporters in the Oval Office that he would “let that be Israel’s decision” on what should ultimately happen to the ceasefire.

    “But as far as I’m concerned, if all of the hostages aren’t returned by Saturday 12 o’clock — I think it’s an appropriate time — I would say cancel it and all bets are off and let hell break out,” Trump said.

    Trump said that “all” the remaining hostages should be freed, “not in dribs and drabs, not two and one and three and four and two.”

    “We want them all back. I’m speaking for myself. Israel can override it, but for myself, Saturday at 12 o’clock — and if they’re not here, all hell is going to break out.”

    Trump said he would probably speak to Israeli Prime Minister Benjamin Netanyahu on the timeline he had just proposed.

    He did not elaborate on what the threat entailed, saying only that “Hamas will find out what I mean.” Asked if he was ruling out the potential involvement of US forces, Trump replied: “We’ll see what happens.”

    The US president also threatened to halt aid to allies Jordan and Egypt if they refuse to take in Palestinians under his controversial plan for the United States to “take over” Gaza.

    “Maybe,” Trump told reporters when asked if he would suspend billions of dollars in US assistance.

    “If they don’t agree, I would conceivably withhold it.”

    Trump is due to meet Jordan’s King Abdullah II in Washington this week.

    The threat came after Egypt rejected earlier Monday “any compromise” that would infringe on Palestinians’ rights, in a statement issued after Foreign Minister Badr Abdelatty met with his US counterpart in Washington.

    Trump earlier said in an interview with Fox News Channel’s Bret Baier that Palestinians would have no right of return to Gaza under his US takeover plan, which he unveiled in a joint press conference with Netanyahu last week.

    “No, they wouldn’t, because they’re going to have much better housing,” Trump said when Baier asked if the Palestinians would have the right to return to the enclave, most of which has been reduced to rubble by Israel’s military since October 2023.

    “In other words, I’m talking about building a permanent place for them because if they have to return now, it’ll be years before you could ever — it’s not habitable.”

  • ‘Joe you are fired’ – Trump vows to revoke Biden’s security clearance, briefings

    ‘Joe you are fired’ – Trump vows to revoke Biden’s security clearance, briefings

    US President Donald Trump has said he is revoking Joe Biden’s security clearance and access to daily intelligence briefings after his predecessor did the same to him four years ago.

    “There is no need for Joe Biden to continue receiving access to classified information,” Trump wrote in a post on his Truth Social platform.

    “JOE, YOU’RE FIRED,” the Republican added in a reference to his catchphrase on the reality TV show The Apprentice.

    Trump has already revoked the security clearance of more than four dozen former intelligence officials whom he accused of meddling in the 2020 election in Biden’s favour.

    Trump posted on Friday evening that Biden “set this precedent in 2021, when he instructed the Intelligence Community (IC) to stop the 45th President of the United States (ME!) from accessing details on National Security, a courtesy provided to former Presidents”.

    He said Biden “could not be trusted with sensitive information”, citing a justice department inquiry into the Democrat’s storage of classified files, which decided not to press charges and said Biden had a poor memory. Biden rejected that characterisation at the time.

    Biden, who has taken some time away from the limelight since leaving his post as president last month, did not immediately respond to the comments.

    In 2021, Biden stopped Trump from receiving classified intelligence briefings, the first time an ex-president had ever been denied such information, which is traditionally given as a courtesy.

    He justified the move by saying Trump could not be trusted because of his “erratic behaviour”, even before the 2021 US Capitol riot, which Democrats accused Trump of inciting in the last days of his first term.

    “What value is giving him an intelligence briefing?” Biden said at the time. “What impact does he have at all, other than the fact he might slip and say something?”

    Trump has taken steps to revoke the security clearances and protections of other top officials linked to the Biden administration since returning to office.

    Among those whose security clearance and detail has been retracted is former top US military commander Mark Milley, a vocal critic of Trump.

    The new Defence Secretary, Pete Hegseth, has also ordered Milley’s “conduct” to be investigated, and his military grade to be reviewed.

    Trump has also revoked the security detail of former chief medical adviser to the president, Anthony Fauci, who led the US response to Covid-19.

    Trump said at the time the decision was “very standard” and that it was not possible for everyone to have security protection for the rest of their life because they worked for the government.

    The president has also ordered that the security clearance of dozens of former intelligence officials, including two ex-CIA directors, be revoked.

    They signed a letter in 2020 implying that reports about a laptop owned by Joe Biden’s son, Hunter, were a Russian hoax.

    But the computer, whose trove of data contained sordid details of Hunter Biden’s private life and raised questions about his business dealings, was real.

  • China opposes US moves to sabotage Belt, Road cooperation

    China opposes US moves to sabotage Belt, Road cooperation

    The Chinese government on Friday opposed the U.S. alleged sabotage of Belt and Road cooperation through the means of force.

    It also expressed regret over Panama’s decision not to renew the Memorandum of Understanding (MoU) on the Belt and Road Initiative (BRI).

    Chinese Foreign Ministry Spokesperson, Lin Jian, disclosed this at the regular virtual news conference by the ministry in Beijing, China.

    He spoke against the backdrop of recent announcement by Panama’s President José Mulino, reportedly saying he instructed a 90-day notice for withdrawal from Belt and Road cooperation agreement with China to be submitted to Beijing.

    Lin said, “China firmly opposes the U.S. smear and sabotage of Belt and Road cooperation through the means of pressuring and coercion, and deeply regrets Panama’s decision to not renew the MoU on the Belt and Road Initiative (BRI).

    “The BRI is an economic cooperation initiative with the participation of more than 150 countries, including over 20 Latin American and Caribbean countries, and its outcomes have benefited people of many countries, including Panama.

    “In recent years, China and Panama’s cooperation under the BRI has produced fruitful outcomes and continued to deliver tangibly for the two peoples.

    “We hope that Panama will bear in mind the overall bilateral relations and the long-term interests of the two peoples, steer clear of external interference and make the right decision.”

    He explained the Panama President’s decision to exit the Belt and Road agreement with Beijing before the U.S. Secretary of State Marco Rubio’s visit, saying China had made a response.

    According to him, since the establishment of diplomatic ties between China and Panama, the two countries have seen comprehensive and rapid growth of bilateral relations.

    He also said that both parties have achieved fruitful outcomes in the cooperation under the framework of the BRI, which delivered tangibly for the two peoples.

    Fielding questions on China’s commitment to achieve global regulation of Artificial Intelligence (AI), he disclosed that Vice Premier Zhang Guoqing would attend the AI Action Summit global governance scheduled to hold in France.

    Zhang, a Member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, would travel to France at the invitation of the host country from Feb. 9 to 12 to attend the summit.

    “China is an active advocate and practitioner of AI global governance. In October 2023, President Xi Jinping put forward the Global Initiative for AI governance, which proposed China’s solution and contributed China’s wisdom on this profound topic of our times.

    “During Xi’s visit to France in May last year, China and France released a joint declaration on AI and global governance, which stated that China is willing to participate in the AI Action Summit to be held by France in 2025.

    “Zhang attending the Summit as Xi’s special representative is a step to implement the common understandings between the two presidents and demonstrate China’s responsible attitude as a major country in the field of AI and its commitment to advancing development and security of AI.

    “Through this Summit, China looks forward to enhancing communication and exchanges with all sides, pooling consensus for cooperation and actively advancing the implementation of the U.N. Global Digital Compact.

    “We also welcome countries around the world to participate in the 2025 World AI Conference in China, shape an AI global governance framework based on broad consensus and promote AI for good and for all,” he stated.

  • US lawmakers introduce bill to ban DeepSeek from govt devices

    US lawmakers introduce bill to ban DeepSeek from govt devices

    US lawmakers on Thursday brought forth a bill to ban Chinese artificial intelligence program DeepSeek from being used on government devices over concerns about user data security.

    Representative Josh Gottheimer, a New Jersey Democrat, introduced the bill along with Darin LaHood, an Illinois Republican, citing an “alarming threat to US national security” and warning of “direct ties” between DeepSeek and the Chinese government.

    The bill comes after a Wednesday report by Feroot Security, a US cybersecurity firm, found that the AI model contains hidden code capable of transmitting user data to China Mobile, a state-owned telecoms firm.

    Chinese startup DeekSeek shocked the global AI industry last month with the launch of its low-cost, high quality chatbot, which shook the lead the United States and other countries had in the ongoing race to develop the technology.

    “The Chinese Communist Party has made it abundantly clear that it will exploit any tool at its disposal to undermine our national security, spew harmful disinformation, and collect data on Americans,” Gottheimer said in a statement.

    LaHood, calling DeepSeek a “CCP-affiliated company,” said that “under no circumstances” can it be allowed to “obtain sensitive government or personal data.”

    The legislation in the House of Representatives comes as South Korean ministries and police said they were blocking DeepSeek’s access to their computers, after the company did not respond to a data watchdog request about how it manages user information.

    Australia has also banned DeepSeek from all government devices on the advice of security agencies, while France and Italy have raised concerns about DeepSeek’s data practice.

    Separately, video-sharing app TikTok is facing down a US law that orders the company to divest from its Chinese owner ByteDance or be banned in the United States.

  • Kanye West begs Trump to free ‘my brother’ Diddy from jail

    Kanye West begs Trump to free ‘my brother’ Diddy from jail

    With Sean “Diddy” Combs facing trial on multiple sex trafficking and abuse charges, Kanye West is calling on President Donald Trump to intervene.

    The 24-time Grammy winner took to social media Thursday, urging Trump to pardon Combs before his May 5 trial.

    “FREE PUFF,” West wrote on X, later adding, “@realDonaldTrump PLEASE FREE MY BROTHER PUFF.”

    West also criticized celebrities for their silence, stating, “WATCH OUR BROTHER ROT AND NEVER SAY S—,” and referencing Chris Brown: “WE ALL WATCHED TAKE CHRIS BROWN AND AINT NOBODY DO NOTHING I WAS P— THEN TOO CHRIS BROWN ITS TO THE WHEELS FALL OFF.”

    His comments followed Trump’s sweeping pardon of nearly 1,500 January 6th defendants.

    Combs, 55, was arrested by NYPD on September 16 and remains jailed after being denied bail three times.

    Facing charges of racketeering, sex trafficking, and transporting individuals for prostitution, he could receive a life sentence if convicted.

    In addition, Combs, also known as Puff Daddy, is battling numerous sexual assault lawsuits, including one with Jay-Z as a co-defendant. Several of his accusers are minors, including a 10-year-old boy.

  • ICC ‘condemns’ US sanctions, vows to ‘continue providing justice’

    ICC ‘condemns’ US sanctions, vows to ‘continue providing justice’

    The International Criminal Court on Friday hit back after US President Donald Trump slapped sanctions on the institution, vowing it would continue to provide “justice and hope” around the world.

    “The ICC condemns the issuance by the US of an Executive Order seeking to impose sanctions on its officials and harm its independent and impartial judicial work,” the court said in a statement.

    “The Court stands firmly by its personnel and pledges to continue providing justice and hope to millions of innocent victims of atrocities across the world,” added the court, based in The Hague.

    Attacking the ICC for what he said were “illegitimate and baseless” investigations targeting America and its ally Israel, Trump hit the court with sanctions on Thursday.

    He ordered asset freezes and travel bans against ICC officials, employees and their family members, along with anyone deemed to have helped the court’s investigations.

    The names of the individuals were not immediately released, but previous US sanctions under Trump had targeted the court’s prosecutor.

    “We call on our 125 States Parties, civil society and all nations of the world to stand united for justice and fundamental human rights,” the ICC statement concluded.

  • Nearly all USAID staff to be laid off: US media

    Nearly all USAID staff to be laid off: US media

    The Trump administration plans to reduce the number of staff at the US government’s giant humanitarian agency USAID to fewer than 300 people from more than 10,000, the New York Times reported Thursday.

    The staff who remain include employees who specialize in health and humanitarian assistance, the Times said, citing three people with knowledge of the plans who spoke on the condition of anonymity.

    Two unions representing USAID staff filed a lawsuit on Thursday over the cuts against Trump and his administration, seeking an injunction to stop the firing and furloughing of employees and dismantling of the agency, the Times said.

    The suit argues that the agency cannot be unwound without the prior approval of Congress.

    The State Department did not respond immediately to a request for comment from AFP.

    USAID officials have also been told that about 800 awards and contracts administered through the agency were being canceled, the report said.

    The Washington Post and other US media also carried reports about plans to drastically reduced USAID staffing.

    The reports come after the agency announced on Tuesday it was placing its staff in the United States and around the world on administrative leave as it moved to recall employees from overseas postings.

    The move is part of a radical drive by Trump and his billionaire ally Elon Musk to shrink the US government, a plan that has shocked Washington and caused angry protests from Democrats and the human rights community.

    The aid arm of US foreign policy, USAID funds health and emergency programs in around 120 countries, including the world’s poorest regions.

    It is seen as a vital source of soft power for the United States in its struggle for influence with rivals including China, where Musk has extensive business interests.

    Musk has called USAID “a viper’s nest of radical-left marxists who hate America”. Trump said last week it was being run by a “bunch of radical lunatics”.

    The assault on the agency has drawn a swift backlash from aid groups. They say it has already forced the closure of programs including those aimed at HIV prevention and treatment.

    (AFP)

  • Fallouts of Trump’s executive order in Nigeria: Programmes stoppage, job losses trail USAID funds freeze

    Fallouts of Trump’s executive order in Nigeria: Programmes stoppage, job losses trail USAID funds freeze

    LAGOS — Apprehension has continued to trail the recent Executive Order by President of the United States of America, Donald Trump to halt foreign aid to African countries as thousands of employees at the US Agency for International Development, USAID, are to commence on compulsory leave from today.

    The order halting the USAID funding to organisations outside the US has sent shock waves through Nigerian development programmes circles with several local organisations that rely entirely on the agency’s funding being forced to dismiss staff, cancel programme activities, and abandon life-saving interventions, raising fears of a humanitarian and development crisis.

    But it was not all worries for African countries, as a federal judge on Wednesday blocked Trump’s attempt to restrict birthright citizenship in the United States in a blow to the president’s bid to end a right enshrined in the US Constitution for more than a century.

    While some stakeholders have condemned the step taken by the US government against USAID, citing implications for the common people who are the main beneficiaries of the programmes, some insist it serves as a wake-up call for Nigeria and other African countries to look inward.

    Vanguard gathered that the order has also sparked fears of people losing their jobs due to the setback this might cause to non-governmental organisations affiliated to USAID in Nigeria.

    USAID-affiliated NGOs shutting down

    Currently, some of these organisations have shut down, awaiting further directives from their funders.
    For example, a family planning training programme planned for Abuja by one of such organisations was abruptly cancelled just two days before its launch due to the funding freeze.

    The USAID programmes are crucial for global development, promoting U.S. national security and economic prosperity while empowering self-reliance in recipient nations.

    In Nigeria, USAID focuses on economic growth, food security, health, governance, gender equality, renewable energy, and stability in conflict-affected areas.

    Nigeria is sixth among the top countries that are the highest beneficiaries of USAID. In 2023, Nigeria received $1.02 billion, much of it through agencies like USAID.

    For instance, USAID’s initiatives in Nigeria address key challenges through various programmes. The Feed the Future Initiative boosts agricultural productivity and market access for farmers, improving incomes and food security.

    USAID also works to enhance trade by supporting Customs reform and improving transportation infrastructure, while also boosting private sector capacity and export opportunities.

    The E-WASH project tackles urban water and sanitation issues in six states, aiming to provide clean water access to millions of Nigerians.“In the health sector, USAID works to improve access to family planning, reproductive health services, and immunisations. The agency also collaborates with various partners to strengthen Nigeria’s capacity to manage tuberculosis cases and reinforce primary health care.

    Disruptions from USAID fund freeze

    Speaking to Vanguard in Lagos, Chairman of the Management Committee Association for the Advancement of Family Planning, Dr. Ejike Orji said the sudden freeze has disrupted critical programmes for organisations that depend on USAID for 100 percent of their funding.

    With no notice, staff salaries would be cut, advocacy campaigns halted, and vital training programmes cancelled.

    He said: “We had everything in place, partners, participants, and logistics. But the funding halt forced us to scrap the programme entirely. The ripple effects will be felt across the communities we were meant to serve.”

    Orji explained that similar programmes in Lagos, Sokoto, Bauchi, and other regions, aimed at building civil society advocacy for family planning and immigration reform, have also been indefinitely postponed.
    He said the health sector, a key focus of USAID’s support in Nigeria, is currently facing devastating consequences.

    “Nigeria has one of the highest numbers of people on anti-retroviral drugs in Africa. A disruption to this supply could result in a surge of HIV-related deaths and new infections.“

    The loss of funding for family planning will lead to more children being born into poverty, increasing Nigeria’s population growth rate and straining public resources,” said Orji. Noting that agriculture and food security are already threatened, he said in addition to health, agriculture programmes supported by USAID are also facing uncertainty.

    “The loss of agricultural funding will push vulnerable communities further into poverty,” the development expert stated.

    Without these interventions, smallholder farmers will struggle to adapt to climate change and improve productivity.”

    It has negative impact on Nigeria — Ezechi

    Also commenting, the Director of Research at the Nigerian Institute of Medical Research, NIMR, Lagos, Prof. Oliver Ezechi, said the removal of funding would impact negatively on the programmes in Nigeria.“He said: “Let me put it in better perspective, although these governments started investing, they did not do enough, hence the panic following Trump’s executive order. Truly, the removal of funding will impact negatively on the programmes.

    A sudden withdrawal can disrupt ongoing services, leading to immediate gaps in care, particularly for vulnerable populations reliant on these essential health services.““The risks of increased morbidity and

    mortality from these diseases loom large, as the absence of support may spark a resurgence of these illnesses.

    Economically, health crises can strain national systems, resulting in higher healthcare costs and loss of productivity. Also, the loss of US funding which often comes with technical expertise and support could undermine existing infrastructure and capacity-building efforts.“

    However, there may be silver linings to this challenging situation. The cessation of US funding could encourage countries to take greater responsibility for their public health initiatives, promoting a sense of ownership and accountability among these governments.““This shift might prompt them to allocate more resources and develop sustainable funding mechanisms. In addition, with reduced reliance on U.S. support, countries could diversify their funding sources, seeking alternative partnerships with other international organisations, NGOs, or private-sector investments.

    Meanwhile, to close the gaps, the Federal Executive Council, FEC, has approved $1.07 billion for healthcare sector reforms under the Human Capital Opportunities for Prosperity and Equity, HOPE, programme. The council also allocated N4.8 billion for HIV treatment, signalling a significant investment in Nigeria’s health sector.

    The country has also launched a committee to develop a transition and sustainability plan for USAID-funded health programmes following the 90-day halt of most foreign aid. The multi-ministerial committee aims to secure new financial support for critical health programmes.“The committee comprises officials from the ministries of finance, health, and environment and intends to ensure that patients receiving treatment for HIV, tuberculosis, and malaria do not experience setbacks amid the uncertainty over U.S. foreign policy.

    Judge blocks Trump’s birthright citizenship order

    The ruling indefinitely bans enforcement of one of Trump’s most controversial executive orders, which was due to come into effect nationwide on February 19.

    The denial of the precious right to citizenship will cause irreparable harm,” District Judge Deborah Boardman was reported as saying during the hearing at a Maryland court.“She noted that Supreme Court precedent protects birthright citizenship, adding that Trump’s order “conflicts with the plain language of the 14th Amendment,” the Washington Post reported.

    No court in the country has ever endorsed the president’s interpretation,” she said. “This court will not be the first.

    The injunction adds to a 14-day stay on enforcement of Trump’s executive order issued in January by a federal judge in Washington.“There, US District Judge John Coughenour condemned the order as “blatantly unconstitutional,” though Trump quickly told reporters he planned to appeal the ruling.

    “Birthright citizenship is enshrined in the US Constitution under the 14th Amendment which decrees that anyone born on US soil is a citizen.“Trump’s order was premised on the idea that anyone in the United States illegally, or on a visa, was not “subject to the jurisdiction” of the country, and therefore excluded from this category.“His opponents have argued that the 14th Amendment, which was ratified in 1868 as the United States sought to recover from the Civil War, has been settled law for over a century.

    They have cited an 1898 US Supreme Court ruling in the case of a Chinese-American man named Wong Kim Ark, who was denied reentry to the United States on the grounds that he was not a citizen.

    The court affirmed that children born in the United States, including those born to immigrants, could not be denied citizenship.

    Communication plays a vital role in our economic activities and social inclusion so this tariff hike will disproportionately affect low-income individuals who rely heavily on affordable data and call services for their livelihoods.

    This move will exacerbate existing inequalities, widen the digital divide, and hinder efforts to promote accessibility, especially for persons with disabilities who depend on technology for daily activities. Rather than this blanket tariff increase, the FG should explore alternative measures to generate revenue.
    Affordability of telecom services is not just an economic issue but also a social justice imperative.
    —Susan Kelechi, Human Rights Advocate

    My concern is that our government seems to forget that any increase in tariffs in Nigeria will primarily affect the masses. For the government to hike telecom tariffs is another big problem.

    I do not blame the service providers—they have many expenses to cover to ensure their operations run smoothly. I just plead with them to reconsider and reduce the 50% increase. People are suffering. Please, let us think of the masses.
    —Olademeji Ayodele, Entrepreneur

    Many low-income households may struggle to afford telecom services, thus exacerbating the digital divide. Moreover, the increase will have a ripple effect on businesses, particularly SMEs, which rely heavily on telecom services.

    This could lead to increased costs, reduced competitiveness, and even job losses. However, the increased revenue generated from this hike could be used to improve the country’s telecommunications infrastructure, leading to better services which could impactthe economy positively.
    —Esaigun Akpobome, Legal practioner

    The 50% increase in telecom tariffs can be described as inconsiderate, given the current economic climate. With the rate of inflation already demoralizing, simultaneous price hikes across different sectors are severely straining citizens’ financial resources.

    Telecommunications have been one of the few comforts people rely on, but this increase will only cause more harm than good. It is essential to reconsider this decision, taking into account the welfare of the citizens and the overall economic well-being of the nation.
    —Ashaolu Praise, Administrator

    The FG’s approach of increasing taxes to raise funds is counter-productive, as it negatively affects citizens and worsens inflation. This 50% tariff hike will force telecom providers to increase service costs, indirectly overtaxing an already overburdened populace, which is detrimental to the country’s growth. I strongly advise the FG to revive companies like NITEL or build new ones.

    We must vote for leaders who will promote local production and prioritize providing goods and services instead of implementing excessive tax hikes and relying on imported services.
    —Emmanuel Ikule, Human Rights Advocate

  • Trump unveils ‘anti-Christian bias’ task force

    Trump unveils ‘anti-Christian bias’ task force

    US President Donald Trump announced Thursday the creation of a task force to “eradicate anti-Christian bias” in government, intensifying a right-wing crackdown since returning to power.

    The Republican billionaire said he was putting new Attorney General Pam Bondi at the head of the force to end “persecution” of the majority religion of the United States.

    Trump said its mission would be to “immediately halt all forms of anti-Christian targeting and discrimination” in the Department of Justice, the Internal Revenue Service, the FBI and other government agencies.

    He also said it would prosecute “anti-Christian violence and vandalism in our society.”

    “We will protect Christians in our schools, in our military and our government, in our workplaces, hospitals and in our public squares,” Trump told a national prayer breakfast at a Washington hotel.

    He also announced the creation of a “White House faith office” led by his spiritual advisor, the televangelist Paula White.

    The announcements came amid a wider purge of the federal government at the start of Trump’s second term.

    Trump has unveiled a slew of orders backing a conservative agenda, including several targeting diversity programs and transgender people.

    Despite a criminal conviction for hush money payments in a porn star scandal and sexual assault allegations, Trump has long made himself a champion of right-wing Christians.

    Trump’s cabinet contains several members with links to Christian nationalists, including Vice President JD

    Vance and Secretary of Defense Pete Hegseth.

    And while Trump is not seen as particularly religious, he said he had become more so after surviving an assassination attempt at an election rally in June 2024 in Butler, Pennsylvania.

    “It changed something in me, I feel even stronger. I believed in God, but I feel much more strongly about it,” Trump told a separate prayer breakfast at the US Capitol on Thursday.

    “We have to bring religion back.”

    Trump said in his inauguration speech on January 20, referring to the assassination attempt, that he had been “saved by God to Make America Great Again.”

  • Bank of England cuts interest rate to 4.5%

    Bank of England cuts interest rate to 4.5%

    The Bank of England, on Thursday, reduced its key interest rate by a quarter point to 4.5 percent to help support weak British growth even if UK inflation stays elevated.

    “We’ll be monitoring the UK economy and global developments very closely and taking a gradual and careful approach to reducing rates further,” governor Andrew Bailey said following the expected decision.

    “It will be welcome news that we have been able to cut interest rates again today.

    “We’ll be monitoring the UK economy and global developments very closely and taking a gradual and careful approach to reducing rates further.”

    The details of the rate cut is on the Bank’s website, titled, “Bank Rate reduced to 4.5% – February 2025.”

    According to the Bank, “At its meeting ending on 5 February 2025, the Monetary Policy Committee, MPC, voted by a majority of 7–2 to reduce Bank Rate by 0.25 percentage points, to 4.5%.

    “Two members preferred to reduce Bank Rate by 0.5 percentage points, to 4.25%.

    “There has been substantial progress on disinflation over the past two years, as previous external shocks have receded, and as the restrictive stance of monetary policy has curbed second-round effects and stabilised longer-term inflation expectations.

    “That progress has allowed the MPC to withdraw gradually some degree of policy restraint, while maintaining Bank Rate in restrictive territory so as to continue to squeeze out persistent inflationary pressures.

    “CPI inflation was 2.5% in 2024 Q4. Domestic inflationary pressures are moderating, but they remain somewhat elevated, and some indicators have eased more slowly than expected.

    “Higher global energy costs and regulated price changes are expected to push up headline CPI inflation to 3.7% in 2025 Q3, even as underlying domestic inflationary pressures are expected to wane further.

    “While CPI inflation is expected to fall back to around the 2% target thereafter, the Committee will pay close attention to any consequent signs of more lasting inflationary pressures.”