Xi Jinping warns against ‘new Cold War’ January 25, 2021 Chinese President Xi Jinping has warned against stoking a “new Cold War”, after Beijing and Washington last week launched tit-for-tat sanctions on each other’s top officials. Speaking at this year’s Digital Davos, Xi attacked both former US President Donald Trump and his White House successor, Joe Biden, warning that confrontation “will always end up harming [...]
Bar-a-Lago: Facebook to review Trump ban January 21, 2021 Facebook’s independent oversight board will review the company’s decision to ban former US president Donald Trump’s social media accounts. Both Trump’s Facebook and Instagram profiles will remain suspended while the review is underway, the company announced. In the first move of its kind, Mark Zuckerberg’s company suspended the former president earlier this month in the [...]
World leaders react to Joe Biden entering the White House January 21, 2021 The US is waking up to a new leader, and government vision, as Joe Biden became the country’s 46th president yesterday. The spotlight is now on the future of the country and its international relations rather than the twists and turns that made this presidential race so historic. Here is how world leaders reacted to [...]
Before the Bell: Honeymoon in Washington January 21, 2021 Joe Biden was sworn in as the new US President overnight with financial markets granting him a DC honeymoon on his first day as the buy everything trade returned with a vengeance. Jeffrey Halley, senior market analyst atOANDA, said this morning that equity markets soared, as did precious metals, and currency markets saw commodity link currencies outperform [...]
Biden announces return to global climate accord, new curbs on U.S. oil industry January 21, 2021 By Valerie Volcovici and Trevor Hunnicutt WASHINGTON (Reuters) – President Joe Biden on Wednesday announced America’s return to the international Paris Agreement to fight climate change, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming. The announcements also included a sweeping order to review all of [...]
China sanctions Trump officials including Mike Pompeo January 20, 2021 China has slapped sanctions on 28 top US figures including former secretary of state Mike Pompeo, who it claimed violated Chinese sovereignty. Pompeo joined a list of US political heavyweights banned from doing business with China, including John Bolton, Donald Trump’s former national security advisor, Peter Navarro, former director of trade, and Steve Bannon, former [...]
It’s Inauguration Day: Full timeline and where to watch Joe Biden’s entry to the White House January 20, 2021 Joe Biden’s inauguration will take place today, making him the 46th President of the United States. The Democrat will take the reins in a moment of profound unease in US politics, with outgoing Donald Trump becoming the first President in 152 years not to attend the welcome ceremony for his successor. With officials looking to [...]
The inauguration of President Joe Biden in pictures January 20, 2021 The inauguration of President Joe Biden in pictures
Biden mulls creation of competition tsar amid tech probes January 20, 2021 The administration of incoming US President Joe Biden is said to be mulling the creation of a new White House role focused on competition issues amid a string of probes into tech giants. The Biden administration is still weighing up the role, which could be based in the White House or focus on coordinating actions [...]
Before the Bell: It’s Biden’s time as Trump leaves the stage January 20, 2021 The return of US markets from the Martin Luther King holiday saw stocks drive higher as the US gets ready to swear in today a new President for the next four years, CMC Markets UK chief market analyst Michael Hewson tells City A.M. this morning, adding that optimism that the pledge to act big on [...]