Donald Trump’s victory in Indiana has made him the Republican presidential nominee as rival Ted Cruz has been forced to pull out from the race. The New York businessman, unpopular with many in his own party, now has a clear path to the 1,237 delegates needed to claim his party’s crown. That would mark a… Continue reading Donald Trump Becomes Republican Nominee as Ted Cruz Suspends Campaign
Category: Economy & Politics
Economy and Politics news articles.
Ted Cruz: Donald Trump Is a Pathological Liar
Ted Cruz has warned that America would “plunge into an abyss” if it elected Donald Trump. The Texas senator spoke after Donald Trump suggested his father was connected to the man who killed President John F. Kennedy. Donald Trump is poised to deliver a crushing blow to Ted Cruz as Indiana votes in the latest… Continue reading Ted Cruz: Donald Trump Is a Pathological Liar
Donald Trump Criticizes China’s Trade Policy
Donald Trump has accused China of “raping” the United States, in renewed criticism of the Asian country’s trade policy. The Republican presidential front-runner told a rally in Indiana that China was responsible for “the greatest theft in the history of the world”. Donald Trump has long accused China of manipulating its currency to make its… Continue reading Donald Trump Criticizes China’s Trade Policy
Puerto Rico Default: $422 Million Debt Payment Suspended as Talks Fail
Puerto Rico has suspended a $422 million debt payment due on May 2 after talks to ease the state’s crisis ended without a deal, Governor Alejandro Garcia Padilla has announced. In a TV address, the governor said he had issued an executive order suspending payments. Alejandro Garcia Padilla described it as a “painful decision”, but… Continue reading Puerto Rico Default: $422 Million Debt Payment Suspended as Talks Fail
Donald Trump California Speech Delayed by Violent Protests
Donald Trump’s speech in Burlingame, California, has been delayed after hundreds of protesters broke through barricades and threw eggs at police outside a hotel where the GOP front-runner was due to address the state’s Republican convention. Because of the protest, Donald Trump had to enter the hotel via a rear entrance. His rallies have been… Continue reading Donald Trump California Speech Delayed by Violent Protests
Elections 2016: Ted Cruz Endorsed by Indiana Governor Mike Pence
Indiana Governor Mike Pence has backed Republican presidential candidate Ted Cruz, four days before the state’s GOP primary. Campaigning on April 29, Ted Cruz praised the governor, saying he would enthusiastically welcome his support. Indiana’s primary on May 3 is Ted Cruz’s best chance to stem the momentum of Republican front-runner Donald Trump. Donald Trump… Continue reading Elections 2016: Ted Cruz Endorsed by Indiana Governor Mike Pence
US Economy Slows to a Pace of 0.5% in Q1 2016
According to new figures, the US economic growth slowed to an annual pace of 0.5% in Q1 of 2016. That was a sharp fall from the 1.4% rate of growth in Q4 of 2015 and the slowest pace in two years. The slowdown, which was bigger than most economists forecast, has been blamed on a… Continue reading US Economy Slows to a Pace of 0.5% in Q1 2016
Bank of Japan Keeps Interest Rates Unchanged
Japan stock market traded low as the yen surged after the Bank of Japan decided against any extra monetary easing. The Bank of Japan (BoJ) kept interest rates unchanged despite coming under pressure to take further action. The central bank had introduced negative rates in January but this failed to provide a much needed boost… Continue reading Bank of Japan Keeps Interest Rates Unchanged
Ted Cruz Names Carly Fiorina as His Vice Presidential Pick
Ted Cruz has named Carly Fiorina as his running mate, in the event he becomes the GOP nominee at a campaign event in Indianapolis on April 27. He called Carly Fiorina a “consistent, courageous fighter”. The former presidential candidate is the former CEO of Hewlett-Packard. Carly Fiorina dropped out of the presidential race after a… Continue reading Ted Cruz Names Carly Fiorina as His Vice Presidential Pick
Donald Trump Unveils America First Foreign Policy Plan
Republican presidential hopeful Donald Trump has detailed his foreign policy just one day after winning in five primaries. In a speech in Washington on April 27, Donald Trump said he would pursue an “America First” policy. The New York businessman called the foreign policy of President Barack Obama’s administration “a complete and total disaster”. On… Continue reading Donald Trump Unveils America First Foreign Policy Plan
Donald Trump Wins in Connecticut, Delaware, Maryland, Pennsylvania and Rhode Island
Republican presidential hopeful Donald Trump has won primaries in all five states that voted on April 26, while Democrat Hillary Clinton triumphed in four out of five. Donald Trump called himself the Republican “presumptive nominee” after victories in Connecticut, Delaware, Maryland, Pennsylvania and Rhode Island. The results bring the New York businessman closer to the… Continue reading Donald Trump Wins in Connecticut, Delaware, Maryland, Pennsylvania and Rhode Island
Venezuela Imposes Two-Day Working Week for Public Sector
Venezuela has announced it is imposing a two-day working week for public sector workers as a temporary measure to help it overcome a serious energy crisis. According to Vice-President Aristobulo Isturiz, civil servants should turn up for work only on Mondays and Tuesdays until the crisis was over. The South American country is facing a… Continue reading Venezuela Imposes Two-Day Working Week for Public Sector
North Korea Workers Party Holds Its First Congress in 36 Years
North Korea has announced its ruling Workers Party will hold its first congress in 36 years in May. The North Korean Workers Party congress, which will take place in Pyongyang from May 6, will be only the seventh in the party’s history and the first under leader Kim Jong-un. The gathering will be closely watched… Continue reading North Korea Workers Party Holds Its First Congress in 36 Years
White House 2016: Ted Cruz and John Kasich Join Forces against Donald Trump
Republican presidential hopefuls Ted Cruz and John Kasich have announced they will now co-ordinate strategies against rival Donald Trump. Ted Cruz has said he will cut campaigning in the Oregon and New Mexico primaries to help John Kasich, while the latter will give Ted Cruz a “clear path” in Indiana. Donald Trump responded to his… Continue reading White House 2016: Ted Cruz and John Kasich Join Forces against Donald Trump
Brazil Repatriates $125 Million of Dirty Money
Brazil has recovered $125 million siphoned off to foreign bank accounts by corrupt officials, politicians and businessmen. The record figure recovered in 2015 is eight times more than what was repatriated over the previous decade, the Justice Ministry has reportedly said. Officials say their policy of negotiating plea bargains with suspects has helped them recover… Continue reading Brazil Repatriates $125 Million of Dirty Money
Donald Trump Is Projecting a New Image
Republican presidential hopeful Donald Trump has promised to change his image, in a closed-door meeting with GOP leaders. Donald Trump, who leads the Republican race to be presidential nominee, delivered his message via aides, the Associated Press news agency reports. The New York businessman’s success in primary elections so far has set off alarm bells… Continue reading Donald Trump Is Projecting a New Image
Venezuela Introduces Power Cuts to Save Energy
Venezuela will cut power for four hours a day from next week to deal with a worsening energy crisis. The power cuts will last for 40 days as the country struggles under a severe drought limiting hydroelectric output. It is the latest setback to Venezuela’s economy which has been hit by a sharp fall in… Continue reading Venezuela Introduces Power Cuts to Save Energy
White House 2016: Donald Trump and Hillary Clinton Triumph in New York Primary
Republican presidential hopeful Donald Trump has won the New York primary while Hillary Clinton has triumphed in the Democratic race. With the majority of votes counted, Donald Trump looks set to extend his lead over rivals Ted Cruz and John Kasich. Meanwhile, Democratic presidential candidate Hillary Clinton, a former senator for New York, is on… Continue reading White House 2016: Donald Trump and Hillary Clinton Triumph in New York Primary
Dilma Rousseff Impeachment: Chamber of Deputies Votes to Start Proceedings
Brazil’s lower house, Chamber of Deputies, has voted to start impeachment proceedings against President Dilma Rousseff. Dilma Rousseff is accused of manipulating government accounts. The “yes” camp comfortably won the required two-thirds majority, after a lengthy session in the capital. The motion will now go to the upper house, the Senate, which is expected to… Continue reading Dilma Rousseff Impeachment: Chamber of Deputies Votes to Start Proceedings
White House 2016: Ted Cruz Wins in Wyoming
Ted Cruz has won all 14 delegates in contention at a state party convention in Wyoming. The delegates were chosen by Republican members rather than ordinary voters. Ted Cruz’s rival Donald Trump – who did not actively campaign in the state – remains the Republican front-runner overall. However, Donald Trump could fall short of the… Continue reading White House 2016: Ted Cruz Wins in Wyoming
Donald Trump Accuses Republican National Committee of Conspiring Against Him
Donald Trump has accused GOP’s leaders of conspiracy, saying they do not want him to win the presidential nomination. The system was “stacked” against him, the Republican frontrunner said in New York, accusing the Republican National Committee (RNC) of conspiring against him. Donald Trump’s comments come after his rival Ted Cruz was awarded all the… Continue reading Donald Trump Accuses Republican National Committee of Conspiring Against Him
Dilma Rousseff Impeachment: Progressive Party Leaves Coalition Ahead of Vote
Brazil’s Progressive Party (PP) has announced it is quitting the governing coalition ahead of President Dilma Rousseff’s impeachment vote. The president is now dealing with a further blow to her bid to stave off impeachment. The PP said most of its 47 lawmakers would vote for Dilma Rousseff to be impeached. Last month the PMDB,… Continue reading Dilma Rousseff Impeachment: Progressive Party Leaves Coalition Ahead of Vote
South Korea Elections 2016: Governing Saenuri Party Seeks to Strengthen Position
South Korea is voting to elect a new National Assembly with the governing Saenuri party eager to strengthen its position in parliament. The vote is seen as especially important for President Park Geun-hye, whose time in office has been hampered by legislative gridlock. Saenuri party hopes to win the three-fifths of seats needed before bills… Continue reading South Korea Elections 2016: Governing Saenuri Party Seeks to Strengthen Position
White House 2016: Paul Ryan Will Not Accept Republican Nomination
Paul Ryan has officially ruled out his 2016 presidential bid as Republican candidate. The Speaker of the House said: “I do not want, nor will I accept the Republican nomination.” Paul Ryan’s name was floated as a late contender if there is a contested convention in July, as doubts persist over the strength of the… Continue reading White House 2016: Paul Ryan Will Not Accept Republican Nomination
White House 2016: Bernie Sanders Wins Wyoming Primary
Democratic presidential hopeful Bernie Sanders has won the Wyoming primaries after beating rival Hillary Clinton. The state’s 14 delegates will be awarded proportionally. Bernie Sanders has won seven of the latest eight states. However, Hillary Clinton maintains a clear lead in the overall race. Both are concentrating their efforts on the key New York primary… Continue reading White House 2016: Bernie Sanders Wins Wyoming Primary