Canada Suspends Ads on Facebook, Instagram in Feud Over New Law
The Canadian government is suspending advertisement on Facebook and Instagram in response to Meta Platforms Inc.’s plan to
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EDF Is Changing Nuclear Fuel Cladding Amid Report of China Issue
Electricite de France SA is increasing the iron content of cladding for nuclear fuel rods to address a
1970-01-01 08:00
China Has Ample Tools Even in ‘Panic’ Yuan Drop, PBOC Paper Says
China has ample tools to stabilize the foreign-exchange market even if the yuan enters a “panic” slide, according
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Texas attorney general Ken Paxton plans to refuse to testify in impeachment trial
The Texas attorney general currently suspended and facing an impeachment trial in the state’s Senate is lashing out at lawmakers, vowing not to participate in a process he has called illegal and politicised — despite all involved being Republicans. Ken Paxton vowed on Monday that he would not testify in the upcoming trial set to be held in the Texas state Senate over a list of accusations that paints a damning picture of corruption in his office. The embattled Mr Paxton, a known warrior for conservative causes in the court system as part of his efforts to build a statewide profile, has been accused of taking bribes from a campaign donor, then using his office’s power to shield that same donor from legal action. He’s also alleged to have retaliated against whistleblowers in his office who came forward to speak about the supposed scheme. The statement, first reported by the Texas Tribune, came via Mr Paxton’s attorney Tony Buzbee. “We will not bow to their evil, illegal, and unprecedented weaponisation of state power in the Senate chamber,” said Mr Buzbee. He added: “​​The House has ignored precedent, denied him an opportunity to prepare his defense, and now wants to ambush him on the floor of the Senate. They had the opportunity to have Attorney General Paxton testify during their sham investigation but refused to do so.” Mr Paxton has long denied the allegations against him — though evasively, as the Tribune and other state media have noted, and has focused the majority of his efforts in recent weeks on criticising the individuals behind his impeachment in the state House of Representatives. At a May press conference addressing the issue, he accused his Republican critics in the House of working to thwart his efforts to champion conservative causes in the courts. “The corrupt politicians in the Texas House are demonstrating that blind loyalty to Speaker Dade Phelan is more important than upholding their oath of office,” he said at the time. “They are determined to ignore the law. They have denied me the opportunity to present the evidence which contradicts their politically motivated narrative.” “The House is poised to do exactly what Joe Biden has been hoping to accomplish since his first day in office: sabotage our work, my work, as attorney general of Texas,” Mr Paxton added at that press conference. He has proceeded to also level unfounded charges of alcohol abuse by the speaker of the Texas House, Dade Phelan, and called for Mr Phelan’s resignation. Others, during the House impeachment process, claimed that they received threatening phone calls from Mr Paxton ahead of the vote. Lawmakers in the House and Senate of the state of Texas have shown no sign, however, of relenting in the face of his bluster. Mr Paxton’s trial is due to begin on 5 September. His wife, a state senator, will be barred on voting for or against his conviction. Read More Should domestic abusers have the right to be armed? The Supreme Court could upend protections for survivors Texas businessman at center of AG Ken Paxton's impeachment pleads not guilty to federal charges Texas Sen. Angela Paxton says she will 'carry out my duties' in husband's impeachment trial Ted Cruz accuses new Barbie movie of ‘pushing Chinese propaganda’ Conservatives go to red states, Democrats to blue as the country grows more polarized Biden renews call for assault weapons ban after ‘tragic and senseless’ spate of July 4 shootings
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International School Worth Close to $1 Billion Turns CEO Into Multimillionaire
The growing number of wealthy Chinese leaving their homeland has been a boon for Thailand’s only exchange-listed school
1970-01-01 08:00
How a Morgan Stanley Derivatives Salesperson Became a Celebrity Chef
Judy Joo says she used to read mostly about financial markets as she shows me around her quick-service
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UK Cybersecurity Officials Investigating Breach Affecting London Hospitals
British cybersecurity officials are investigating an alleged cyberattack on a group of hospitals in London that has led
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Billionaire Mike Ashley Adds £150 Million to London Property Bet
UK retail billionaire Mike Ashley has shifted more of his money into a company he set up to
1970-01-01 08:00
Italy Again Delays Ratification of EU Bailout Fund Reform
Italy has once again delayed ratifying a reform of the European Stability Mechanism bailout fund, a move which
1970-01-01 08:00
German Cabinet Backs Budget With €16.6 Billion in Net New Debt
Germany’s ruling coalition has approved a 2024 finance plan that slashes net new borrowing to the lowest levels
1970-01-01 08:00
Protestors Run Onto Field During Wimbeldon Match to Throw Jigsaw Puzzle, Confetti
Absolute scenes.
1970-01-01 08:00
Turkish Government Plans Tax Increases on Banks, Firms
Turkey is planning to increase taxes on banks and corporations as the government looks to offset some of
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