Thursday, January 21News That Matters

Tag: donald Trump

World

Wall Street Soars After Smooth Joe Biden Inauguration

US President Joe Biden took office on Wednesday.New York: Wall Street hit new records and stock markets across the globe climbed after US President Joe Biden took office on Wednesday, with traders joyful over his plan to inject even more stimulus into the world's largest economy.The Dow and S&P 500 posted all-time highs, but none gained more than the Nasdaq, which climbed 2.0 percent to a new record thanks in part to Netflix, which saw its share price surge after an excellent quarterly earnings report.Investors were relieved the new president took office safely after outgoing president Donald Trump's supporters attacked the US Capitol earlier this month, and are now closely watching what Congress does with Biden's $1.9 trillion economic recovery plan."In general, this is a market th...
World

“Ball Is In America’s Court”: Iran On Nuclear Deal

President Hassan Rouhani labelled Donald Trump "someone for whom all of his four years bore no fruit"Tehran: Iran's president on Wednesday hailed the White House departure of "tyrant" Donald Trump, saying "the ball is in America's court" to return to a landmark nuclear deal and lift sanctions on Tehran.Biden, who became the 46th president of the United States on Wednesday, has signalled a willingness to return to dialogue with the Islamic republic.A "tyrant's era came to an end and today is the final day of his ominous reign," President Hassan Rouhani said in televised remarks to his cabinet.He labelled Trump "someone for whom all of his four years bore no fruit other than injustice and corruption and causing problems for his own people and the world".During his presidency, Trump led a ...
Business

Here’s how Joe Biden plans to roll back Donald Trump’s immigration policies – Times of India

NEW DELHI: US President-elect Joe Biden is set to issue several measures on Wednesday aimed at rolling back some of the restrictive immigration policies put in place by his predecessor President Donald Trump. Some reversals will be immediate while other policies will take much longer to unravel. Immigration reform and 'dreamers' Biden plans to immediately propose an immigration bill, officials told reporters on Tuesday. He will propose an eight-year pathway to citizenship for many of the estimated 11 million people living in the country unlawfully. The proposal will also offer permanent protection for young migrants in the Deferred Action for Childhood Arrivals (DACA) program, known as "Dreamers." Started by former President Barack Obama, the program provides deportation protection and ...
World

Trump Didn’t Speak To Biden But Left Him A Note

Members of the National Guard outside the US Capitol on Jan 19Washington: Donald Trump departed the White House a final time as president Wednesday, skipping Joe Biden's inauguration and instead throwing a military-style send-off for himself before leaving for his Florida resort."I will always fight for you. I will be watching, I will be listening, and I will tell you that the future of this country has never been better," Trump said at Joint Base Andrews outside of Washington before boarding Air Force One a last time. "I wish the new administration great luck, great success."Trump didn't mention Biden by name in his remarks, and he becomes the first U.S. president since the 19th century not to attend his successor's swearing-in ceremony. Trump didn't speak to Biden before leaving the W...
World

“A Very Happy Old Man”: Greta Thunberg’s Parting Scorch At Donald Trump

Greta Thunberg commented on a photo of Donald Trump leaving the White House one last time.New Delhi: Standing on the steps of a helicopter with a fist in the air and a nonchalant expression on his way out of the White House one last time, Donald Trump could not escape one last burn from feisty teen climate activist Greta Thunberg on Wednesday.Posting a picture of the outgoing US President's farewell from the White House, Ms Thunberg tweeted, "He seems like a very happy old man looking forward to a bright and wonderful future. So nice to see!"He seems like a very happy old man looking forward to a bright and wonderful future. So nice to see! pic.twitter.com/G8gObLhsz9— Greta Thunberg (@GretaThunberg) January 20, 2021The 18-year-old and 74-year-old with an unamicable history had last exch...
Business

‘Happy Old Man’: Greta Thunberg Takes Dig at Donald Trump as Pic of Him Leaving White House Goes Viral

Environmental activist Greta Thunberg had the best response to an image of Donald Trump as the outgoing United States President waved goodbye for the last time as POTUS before exiting the White House on Wednesday ahead of Joe Biden's inauguration.Biden is set to be sworn in as the 46th President of the United States and Kamala Harris will take oath as the first woman Vice President on Inauguration Day. Ahead of the ceremony, Trump was photographed getting into a helicopter after his departing speech.In his closing address as the President of the United States, Donald Trump says, "I will always fight for you." He didn't mention Biden by name in his final speech as President and also rejected the scripted remarks for this morning's final speech.The image of the outgoing US President has a...
World

“We Will Be Back In Some Form”: Donald Trump Leaves White House

US President Donald Trump left the White House for the last time on Wednesday.Washington: US President Donald Trump said he will be "back in some form" before boarding Air Force One for Florida on Wednesday ahead of the inauguration of his successor, Joe Biden."This has been an incredible four years," Trump said in brief remarks to staff, supporters and members of his family gathered at Joint Base Andrews outside Washington."We've accomplished so much together," he said. "I will always fight for you."We will be back in some form."Trump did not address Biden by name but said he wishs the new administration "great luck and great success."Trump will be at his Mar-a-Lago resort in Florida when Biden is sworn in at noon (1700 GMT).He is the first president in more than 150 years to snub the ...
World

Donald Trump Leaves White House For The Last Time, Skips Biden’s Oath

Donald Trump will be at his Mar-a-Lago resort in Florida when Joe Biden is sworn in.Washington: US President Donald Trump left the White House for the last time on Wednesday, skipping the inauguration of successor Joe Biden as the 46th US president in an extraordinary break with tradition.Drawing a curtain on the most tumultuous administration of modern times, Trump is being ousted by a polar opposite with the Democrat Biden intent on charting a new course to tackle Covid-19 and unite a splintered nation.A small crowd waved goodbye as Trump, 74, and First Lady Melania Trump walked a short red carpet and boarded the Marine One helicopter shortly after 8:15 am (1315 GMT), for the short flight to the air base where they will continue to Florida on board Air Force One."I just want to say go...
Business

Trump pardons former Google self-driving car engineer Levandowski – Times of India

WASHINGTON: US President Donald Trump said on Wednesday he had given a full pardon to a former Google engineer sentenced for stealing a trade secret on self-driving cars months before he briefly headed Uber Technologies Inc's rival unit. Anthony Levandowski, 40, was sentenced in August to 18 months in prison after pleading guilty in March. He was not in custody but a judge had said he could enter custody once the Covid-19 pandemic subsided. The White House said Levandowski had "paid a significant price for his actions and plans to devote his talents to advance the public good." Alphabet Inc's Waymo, a self-driving auto technology unit spun out of Google, declined to comment. The company previously described Levandowski's crime as "a betrayal" and his sentence "a win for trade secret law...
Business

Trump’s parting gifts to Biden: Roaring stocks, a weaker dollar, tons of debt – Times of India

NEW YORK: When he assumes office on Wednesday, US President-elect Joe Biden will inherit a stock market near all-time highs, along with a gaping budget deficit, a weakening dollar, elevated economic uncertainty and a Federal Reserve that may have less ammunition to fight the next crisis. Here's a look at what has changed in markets over the last four years and what investors have to look forward to over Biden’s term: 1. Markets under TrumpThe S&P 500 is up about 68% since President Donald Trump took office. Its 73% surge since late March has been aided by massive fiscal and monetary stimulus, as well as expectations that a Covid-19 vaccine will spur economic reopening. Ultra-low Treasury yields - which plunged after the Fed cut interest rates to near-zero - have also increased the a...