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Trump news – live: Truth Social SPAC agrees to SEC settlement as Trump’s past comments on indictment resurface
Trump news – live: Truth Social SPAC agrees to SEC settlement as Trump’s past comments on indictment resurface
Most presidents, current and former, typically spend America’s Independence Day celebrating the values of US society that bring its citizens together, joining in the festive and unifying themes of the national holiday. And then there’s Donald Trump. The twice-impeached, twice-indicted former president spent his 4 July morning fuming at his enemies from behind a keyboard, re-”Truth”-ing a vulgar message aimed at President Joe Biden and the tens of millions of Americans who voted for the Democratic commander-in-chief in 2020. ““F**k Biden and f**k you for voting for him”, read the post. It was just another pebble in the avalanche of bizarre behaviour that Mr Trump has long known for; the attack was amplified by the former president at roughly 2am, hours before he would apparently wake up and decide to share a slightly-less caustic message to his followers. “Happy FOURTH OF JULY to everyone. We are working hard, we will take back our Country, and MAKE AMERICA GREAT AGAIN”. Though, he added that the 2024 election would be “our LAST GREAT CHANCE” to do so. Read More Trump’s own words about an indicted president come back to haunt him Ex-Trump spokesperson claims she saw him show off documents on Mar-a-Lago dining patio Chris Christie reacts to ‘control freak’ Trump’s classified documents comments: ‘He’s scared’
1970-01-01 08:00
Mystery white powder suspected to be cocaine is found in White House
Mystery white powder suspected to be cocaine is found in White House
A small amount of white powder which authorities now believe is cocaine was found in the White House on Sunday, according to multiple media reports. The US Secret Service began an investigation after the substance was discovered Sunday evening. A source familiar told the newspaper that preliminary testing revealed the powder to be cocaine. Separately, The Daily Mail reported that the powder had been found in the library of the White House — an area frequented by many staffers as well as some tours. A source with knowledge of the situation characterised the area where it was found as a work area of the West Wing. Anthony Guglielmi, the Secret Service’s chief spokesman, told The Independent on Monday that agents were beginning “an investigation into the cause and manner” of how the powder entered the White House. He added that it was discovered during a routine sweep of the room. “On Sunday evening, the White House complex went into a precautionary closure as officers from the Secret Service Uniformed Division investigated an unknown item found inside a work area. The DC Fire Department was called to evaluate and quickly determined the item to be non-hazardous. The item was sent for further evaluation and an investigation into the cause and manner of how it entered the White House is pending,” said Mr Guglielmi said. The president was not in the residence at the time of the investigation, according to the spokesman. Mr Biden spent the weekend at the Camp David residence, returning to Washington on Monday for an event with the National Education Association. Read More Watch live: Joe Biden addresses teachers and representatives of National Education Association Trump marks Independence Day by sharing vulgar attack on Biden and ominous 2024 warning Rudy Giuliani grilled by prosecutors about 'shouting match' in fight to overturn election
1970-01-01 08:00
Allan Saint-Maximin targeted by Saudi Pro League
Allan Saint-Maximin targeted by Saudi Pro League
Newcastle's Allan Saint-Maximin is the latest Premier League player to be linked with the Saudi Pro-League. The 26-year-old has been at St James' Park for four years but started just a dozen league games in 2022/23.
1970-01-01 08:00
NHL Rumors: Murray tough to trade, Hellebuyck stumbling block, Hanifin hometown hope
NHL Rumors: Murray tough to trade, Hellebuyck stumbling block, Hanifin hometown hope
Some of the latest NHL trade rumors involve Toronto Maple Leafs goalie Matt Murray, Winnipeg Jets goalie Connor Hellebuyck, and Calgary Flames defenseman Noah Hanifin.It’s been a busy NHL offseason so far. Now that the first weekend of free agency has come and gone, the free agent signings...
1970-01-01 08:00
ONGC Videsh Reconsiders Plan to Buy Stake in Kenya Oil Project
ONGC Videsh Reconsiders Plan to Buy Stake in Kenya Oil Project
ONGC Videsh Ltd. is reconsidering taking a stake in Tullow Oil Plc’s Kenya assets following the exit of
1970-01-01 08:00
Truth Social’s merger partner reaches $18m settlement with SEC
Truth Social’s merger partner reaches $18m settlement with SEC
A financial firm linked to Donald Trump’s Truth Social platform has reached an $18m settlement with the Securities and Exchange Commission (SEC) in order to bring an end to the investigation into its merger with the company. Digital World Acquisition Corp (DWAC) announced the tentative settlement on Monday, saying that the payment would “remove the cloud of uncertainty lingering over DWAC and would allow DWAC to move forward in achieving its objective of delivering a strategic merger”. The SEC had been looking into whether DWAC held talks with Truth Social’s parent company before going public, which would be a violation of certain antifraud provisions of the Securities Act and the Exchange Act. The settlement means once DWAC has paid the civil penalty it can move forward with the merger, which would see Truth Social become a public company. News of the settlement comes after three people involved in the merger were indicted for insider trading last week. Michael Shvartsman, Gerald Shvartsman and Bruce Garelick were named in a federal indictment unsealed last Thursday (29 June) in Manhattan federal court. All three were charged with trading in securities of Digital World Acquisition Corporation (DWAC) based on non-public information about the company’s planned business combination with Trump Media & Technology Group — founded by former president Mr Trump — the parent company of social media platform Truth Social. They were arrested on Thursday morning in Florida. In 2021, the three investors were invited to invest in DWAC and another SPAC. After signing non-disclosure agreements, they were provided with confidential information, including the planned deal with Trump Media. They were prohibited from using this knowledge in the open market. According to the indictment, after making initial investments into DWAC through the initial public offering process, Mr Garelick was given a seat on the board of directors, which gave him access to valuable non-public information about the planned merger. He provided these updates to his co-conspirators, calling it “intelligence”. The defendants bought millions of dollars of DWAC securities on the open market before the news of the Trump Media business combination was public. In addition to their own purchases, they also passed the information to their friends on a trip to Las Vegas, to Michael Shvartsman’s neighbours, and to Gerald Shvartsman’s employees at a furniture supply store. After DWAC’s merger with Trump Media was announced publicly on 20 October 2021, the stock and warrant holdings significantly increased in value. The defendants and the individuals they tipped then sold their DWAC securities for a significant profit. Michael Shvartsman and Bruce Garelick have been charged with five counts of securities fraud under Title 15, each of which carries a maximum sentence of 20 years in prison; Gerald Shvartsman has been charged with three counts. All three defendants have also been charged with one count of securities fraud under Title 18, which carries a maximum sentence of 25 years in prison; and one count of conspiracy, which carries a maximum sentence of five years in prison. Read More Trump news – live: Truth Social SPAC agrees to SEC settlement as Trump’s past comments on indictment resurface Why isn’t Twitter working? How Elon Musk finally broke his site – and why the internet might be about to get worse Trump mocked for ‘weird apocalyptic’ campaign video Trump marks Independence Day by sharing vulgar attack on Biden Truth Social SPAC reaches SEC settlement as Trump indictment comments reemerge – live Trump sparks speculation by ranting about ‘charges against me’ in Georgia
1970-01-01 08:00
Canada media guide
Canada media guide
An overview of the media in Canada, including links to broadcasters and newspapers.
1970-01-01 08:00
Gap Between Canada’s Rich and Poor Is Widening at Record Pace
Gap Between Canada’s Rich and Poor Is Widening at Record Pace
Inflation, higher interest rates and declining real estate values are worsening wealth inequality in Canada, with younger households
1970-01-01 08:00
Saudi Oil Cuts See Top Buyers Looking at Crude From Elsewhere
Saudi Oil Cuts See Top Buyers Looking at Crude From Elsewhere
Asia’s oil refiners, responsible for meeting about a third of the world’s fuel consumption, are getting ready to
1970-01-01 08:00
Irish government announces RTÉ examination
Irish government announces RTÉ examination
Minister Catherine Martin announces an independent, root and branch examination of broadcaster RTÉ.
1970-01-01 08:00
Robert F Kennedy Jr calls interviewer ‘unfair’ for spelling out his laundry list of conspiracy theories
Robert F Kennedy Jr calls interviewer ‘unfair’ for spelling out his laundry list of conspiracy theories
Robert F Kennedy Jr was left grasping for answers after being confronted with a lengthy list of his conspiracy theories in a new interview. The Democratic presidential candidate, 69, sat last week for a wide-ranging interview with Nick Gillespie and Zach Weissmueller from Reason, which bills itself as the nation’s leading libertarian magazine. Mr Kennedy told the publication he had “always been aligned with libertarians on most issues”, and that he would consider appointing Tulsi Gabbard as his secretary of state. Towards the end of the hour-long interview, Mr Gillespie, Reason’s editor-at-large, noted that RFK Jr routinely trafficked in conspiracies and displayed a “kind of conspiracist mindset where almost everything that we take for granted is bad”. Mr Gillespie went on to list the numerous conspiracies that RFK Jr has peddled, including his anti-vaccine stance and claims that 5G and Wi-Fi are “controlling our mind”, that AIDs is not caused by HIV, that boys are becoming transgender due to chemicals in the drinking water, and that his cousin Michael Skakel was not guilty of a murder he had been convicted of. “It kind of goes on and on,” Mr Gillespie says. “How do you answer people who say, you know, like this is the sign of somebody whose thinking is fundamentally conspiracy-minded rather than kind of dealing with brute reality?” Mr Kennedy responded that the questions were “very unfair”. “You made a series of characterisations of my beliefs that you read in the newspapers. Many of which are just wrong.” When pushed, Mr Kennedy offered to go through each one individually and challenged the interviewers to “show me where I get it wrong.” Mr Gillespie then brought up a now-retracted article published by Rolling Stone and Slate in 2005 which made scientifically disproven claims linking childhood vaccines to autism. Mr Kennedy falsely insisted that he had not been shown “one mistake” in the articles. Mr Kennedy, who is running a longshot candidacy to be the Democratic presidential nominee in 2024, has been repeatedly called out by the scientific community for spreading dangerous misinformation about vaccines. Last month, former Salon editor Joan Walsh said publishing Mr Kennedy’s article was the “worst mistake of my career” and that she should have been fired for it. The nephew of John F Kennedy and son of Robert F Kennedy recently appeared on the controversial Joe Rogan podcast where he continued to spread baseless claims about vaccines. The pair challenged Dr Petez Hotez, a noted medical expert and virologist, to debate the science behind vaccines. Dr Hotez declined, saying he’d be happy to speak with Rogan but didn’t want to create a talk show-style spectacle. “I’ve offered to come and talk to Joe Rogan again, and have that discussion with him, but not to turn it into the Jerry Springer with having RFK Jr on,” he told MSNBC. Read More Trump news – live: Truth Social SPAC agrees to SEC settlement as Trump’s past comments on indictment resurface Editor apologises for publishing RFK Jr anti-vaxx screed: ‘I should have been fired’ Scientist pressured by Musk and Rogan to debate RFK Jr over anti-vaccine misinformation says he won’t be part of ‘Jerry Springer’ show
1970-01-01 08:00
Why is Belarus admitting Wagner leader and backing Russia against Ukraine?
Why is Belarus admitting Wagner leader and backing Russia against Ukraine?
Belarus let Russian forces invade Ukraine from its territory and is now hosting its nuclear weapons.
1970-01-01 08:00
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