Author: i2wtc

The fear gripping large swaths of the American public under the second administration of Donald Trump is unprecedented in modern US history. The president’s brazen acts of retribution against political opponents, open hostility towards dissent, and disregard for democratic norms make it clear that he intends to wield power with even fewer restraints than before. It is tempting to reduce the United States’ political crisis to the simple notion that poor choices at the ballot box yield poor outcomes. However, the terrifying reality is that constitutional and legal safeguards, long assumed to be bulwarks against authoritarian rule, have proven alarmingly…

BP slashes planned investment in renewable energy and is increasing annual oil and gas spending.Oil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to $10bn. It is the latest multinational in the energy sector to change its position in response to the need to lower carbon emissions and curb climate change, returning the focus to oil and gas. BP’s carbon-cutting target, announced in 2020, however, had stood out at the time as one of the most ambitious in the industry. “It’s a radical shift,” CEO Murray Auchincloss told the…

Opener Ibrahim Zadran’s 177 and five wickets by Azmatullah Omarzai helped Afghanistan knock England out of the Champions Trophy with a thrilling eight-run victory on Wednesday. Afghanistan posted 325-7 in a virtual knockout tie in Lahore and then bowled out England for 317 in 49.5 overs to stay alive in the race for a semi-final place while England have no chance of reaching the last four. Joe Root’s 120 went in vain as England lost regular wickets to lose their second straight ODI to the Afghans after their shock defeat in the 2023 World Cup in India. Needing 13 off…

Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021.Andrew Kelly | ReutersShares of electric vehicle maker Lucid Group were down more than 10% Wednesday following a downgrade of the company’s stock by Bank of America and the abrupt departure of CEO Peter Rawlinson.Rawlinson, who also served as chief technology officer at the company, was a driving force in its operations to this point, including the decision to go…

Listen to article The Opposition Grand Alliance has accused the government of attempting to block their planned conference, insisting that the event will take place as scheduled tomorrow, despite the obstacles, Express News reported. The alliance’s leaders, including Mahmood Khan Achakzai, Shahid Khaqan Abbasi, Omar Ayub, and others, held a press conference after a crucial meeting to discuss the situation. Abbasi revealed that the alliance had been trying to secure a venue for the conference for the past week. He said initially, the first venue was cancelled, followed by a second one, with the explanation that the national cricket team needed to…

President Donald Trump says the United States will not give Ukraine significant security guarantees as he confirmed that the country’s President Volodymyr Zelenskyy would visit Washington, DC to sign a critical minerals deal on Friday. “I’m not going to make security guarantees beyond very much,” Trump said on Wednesday. “We’re going to have Europe do that.” Zelenskyy had earlier said that a “preliminary” economic agreement between Ukraine and the US was ready but noted that the deal did not yet include any US security guarantees that Kyiv views as vital to ending the war with Russia. A full agreement could…

The US president and his allies continue their efforts to dismantle agencies long viewed with ire by conservatives.The administration of United States President Donald Trump has ordered federal agencies to work with Elon Musk’s Department of Government Efficiency (DOGE) to prepare for mass firings of federal workers. In a memo released on Wednesday, the Office of Personnel Management (OPM) and the Office of Management and Budget (OMB) said the layoffs will be part of a restructuring plan due on March 13. Trump also teased the firings in his first cabinet meeting shortly afterwards, singling out the Environmental Protection Agency (EPA),…

Charles Liang, CEO of Super Micro Computer, during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023.David Paul Morris | Bloomberg | Getty ImagesSuper Micro Computer shares rallied 14% after the AI server company filed its delayed financial results by the Nasdaq’s deadline.The company’s auditor BDO wrote in the filing that the consolidated financial statements for the fiscal year ending June 30, 2024, “present fairly, in all material respects, the financial position of the Company” and are “in conformity with accounting principles generally accepted” in the U.S.The company also filed audited financial results for the first…

(L-R) Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025. Saul Loeb | Afp | Getty ImagesJeff Bezos, the Amazon founder and owner of the Washington Post, said Wednesday that his newspaper’s opinion pages would now be dedicated to supporting “personal liberties and free markets,” and that the organization would not publish opposing views.”We’ll cover other topics too of course,” Bezos said in an email to…

The administration of President Donald Trump has argued it cannot meet an impending deadline to release frozen funds for foreign aid, despite a court order mandating that it do so. The deadline was set for Wednesday at 11:59pm Eastern time (04:59 GMT Thursday), after US District Judge Amir Ali in Washington, DC, found that the Trump administration had failed to comply with an earlier order calling for the funds’ distribution. But late on Tuesday night, lawyers for the administration appealed Judge Ali’s ruling. In their filings, they called for an appeals court to place a pause on the deadline while…