Author: IA PressRoom

Federal prosecutors investigating former President Donald J. Trump’s handling of classified material have a recording of Mr. Trump from 2021 discussing a sensitive military document he had kept after leaving the White House, two people briefed on the matter said.The recording, in which Mr. Trump also indicated he knew the document was secret, could undermine his repeated claim that he had already declassified material that remained in his possession after he left office. Prosecutors are scrutinizing whether Mr. Trump obstructed efforts by federal officials to retrieve documents he took with him after leaving office and whether he violated laws governing…

DNY59 The U.S. House surpassed a vote threshold Wednesday night to pass its debt-ceiling relief deal — a dramatic move to keep a limit increase on track as the Treasury heads toward a Tuesday deadline, after which the government won’t have ready funding to pay its bills. After emerging from committee Tuesday and procedural votes earlier Wednesday, the debt-ceiling bill was the subject of closely watched comments from representatives on both sides of the aisle — and plenty found much to dislike with the compromise, which was set to increase the debt ceiling to give some breathing room until January…

A Navy pilot had to be rescued from Florida waters after ejecting from an F-5 aircraft. Naval officials said Wednesday the pilot was part of the Fighter Squadron Composite VFC-111. Local media captured video of what appeared to be the pilot walking off the rescue helicopter. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A US Navy pilot required rescue after ejecting from a plane over Florida waters this week during a training exercise.Naval officials confirmed that a pilot assigned to Naval Air Station…

South Korean companies are relying on the US showing greater flexibility over China’s role in electric vehicle supply chains, as they invest heavily — often with Chinese partners — in battery materials production in Indonesia.A $441mn investment last month by Korean metals giant Posco in a nickel smelting plant on the Indonesian island of Halmahera has taken South Korea’s hard-cash dealmaking in the south-east Asian country to more than $3bn since the start of 2022, the bulk of it being battery-related.Indonesia is the world’s largest producer of nickel, a crucial ingredient that Korea’s leading EV battery companies need for the…

© Reuters. FILE PHOTO: Flags of Taiwan and U.S. are placed for a meeting in Taipei, Taiwan March 27, 2018. REUTERS/Tyrone Siu/File Photo TAIPEI (Reuters) -Taiwan and the United States will sign the first deal under a new trade talks framework on Thursday, both governments said, boosting ties between the two at a time of heightened tensions with China over the democratically-governed island. Taiwan and the United States started talks under what is called the U.S.-Taiwan Initiative on 21st Century Trade last August, after Washington excluded Taiwan from its larger pan-Asian trade initiative, the Indo-Pacific Economic Framework. Taiwan’s Office of…

© Reuters. FILE PHOTO: Flags of U.S. and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration By David Kirton SHENZHEN, China (Reuters) – For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder. Before 2019, there were few major impediments to having a Chinese company that did business in the U.S. from China. But amid escalating U.S.-Sino trade tensions, particularly after Washington slapped sanctions on telecom giant Huawei, some Chinese firms began setting up headquarters overseas – moves that could help them draw less U.S. government attention. Now, some mainland China…

© Reuters. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford By Arathy Somasekhar (Reuters) – Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in stocks last week, triggering fears of an oversupply amid signs of weaker Chinese demand, too. futures for August delivery fell 40 cents, or 0.6% to $72.20 a barrel by 0023 GMT, while U.S. West Texas Intermediate crude (WTI) eased 39 cents, or 0.6%, to $67.70 a barrel. Both benchmarks had settled down…

Former San Francisco District Attorney Chesa Boudin was named executive director of the University of California, Berkeley law school’s new research and advocacy center.Boudin was ousted from his district attorney position in a 2022 recall vote by a margin of 55% to 45%.In an op-ed for the San Francisco Chronicle on Wednesday, Boudin said he was named the founding executive director of the University of California, Berkeley law school’s new Criminal Law & Justice Center.”In my new role, just as I did as district attorney, I will continue to draw on networks of advocates, activists, judges and legal practitioners to…

Shares of Bumble Inc. slumped Wednesday after the announcement that President Tariq Shaukat will step down from his position in September. Shaukat will remain in an advisory role for the transition after he resigns Sept. 1, Bumble said in a regulatory filing, noting his departure is voluntary. The company said it will start a search for a replacement. Shaukat…

Scientists discovered a new species of paragliding gecko in India. The smiling reptiles use skin flaps along their body to fly from tree to tree. The discovery highlights a lack of documentation of the region’s biodiversity, researchers said. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Scientists have discovered a new species of paragliding geckos in India, according to a May study published in Nature, highlighting the lack of comprehensive documentation of the region’s biodiversity. The wide-eyed, smiling reptiles were discovered while researchers were surveying gecko…