Trump hits India with 50% tariffs. Experts warn about the consequences if the president eliminates a governor of the Board of Fed. An electric scooter company is exposed as a scam. And remembering Hurricane Katrina 20 years later.
This is what you should know today.
Trump hits India with punishing 50% tariffs for buying Russian oil
The promised rates of 50% of President Donald Trump in India entered into force on Wednesday, since the United States runs the risk of making a relationship considered crucial in their effort to counteract China’s rise.
Trump began the rate of rates with 25%, but doubled it earlier this month as punishment for India that bought Russian oil, which makes it one of the many rates imposed during the current global trade war.
India, one of the world’s fastest growing economies and a key partner for the West in the Indo-Pacific region, depends largely on trade with the US, its largest export market.
50% collection runs the risk of ties heating between Washington and New Delhi. Prime Minister Narendra Modi has promised to stand firm against what he called “the policy of economic selfishness” and defend the farmers and small businesses in the country.
Vice President JD Vance, whose wife is the daughter of Indian immigrants, said “Meet The Press” on NBC on Sunday that the United States had applied “aggressive economic leverage” in India to “try to make it difficult for Russians to enrich themselves from their oil economy.”
Stock markets in India remained closed on Wednesday due to a holiday.
Read the full story here.
More politics news:
- In a neighborhood in Washington, the The acquisition of the National Guard has created a sense of terror For immigrants.
- Trump’s comments about Allow 600,000 Chinese students in the US. They have received criticism from some Republicans, including the loyal sponsors of the president.
- Trump said his administration will seek the restoration of the death penalty for cases of murder in the capital of the nation.
- Dege put the personal data of millions of AmericansIncluding social security numbers, on a vulnerable server, according to a new complaint complaint.
The scooters looked real, but the business was false
An electric scooters company with apparently reliable backups and dazzling shop windows allegedly cheated hundreds of thousands of dollars from Americans.
Lightning Shared Scooter Co. had a simple tone for potential investors: how would you like to earn extra money with just a few touches on your phone? The Hong Kong -based company sold investors about the idea that their money would double, then triple with its profitable scooters. The recruitment of family friends would produce even more return.
Does it sound suspicious? Well, the company had the support of the mayors of the small city, police officers and a lieutenant colonel in the United States army. Sean Spicer gave the company a thank you about the cameo and the image of the Kylian Mbappé football superstar was used to promote scooters.
What seemed like a very real investment for Americans who sought to ensure financial stability quickly became a facade, then a nightmare when they tried to recover their money.
Read the full story here.
The family alleges that Chatgpt was the ‘suicide’ coach ‘of the son before his death
Matt and Maria Raine looked for their 16 -year -old son’s phone after he died from suicide, looking for clues about what he could have led to the tragedy.
Matt said he went to his son’s Snapchat messages and the history of the Internet, but it was not until the Rain family opened Chatgpt that they found an answer.
Adam Raine initially used the chatbot to help him with the task, but quickly became a space where he discussed the problems with anxiety and talking to his family.
In a lawsuit filed by the raines, they affirm that “Chatgpt actively helped Adam to explore suicide methods.” The demand for approximately 40 pages appoints Openai, the company behind Chatgpt, as well as its CEO, Sam Altman, as accused. Demand is the first time that parents directly accuse the unjust death company.
Read the full story here.
Economists concern what Trump’s attempt to shoot Cook could carry
In an unprecedented movement, Donald Trump tried to eliminate the governor of the Lisa Cook Federal Reserve, causing a domino effect of the threats of demands and experts warning what could mean for the finances of US households.
Trump cited a “criminal reference” by the Director of the Federal Housing Finance Agency William Abundo that alleged discrepancies in Cook mortgage application documents. Cook has refused to resign, and on Tuesday, he said he was planning to file a lawsuit challenging Trump’s move.
But some economists and academics care that if Trump can move forward with the elimination of cook, the independence of the Central Bank could endanger. That, experts said, could erode the confidence of investors in the solidity of the Fed decision and could lead to inflation worsening.
The dispute will probably end in the Supreme Court, which recently issued a ruling that acknowledged that the president has a broad freedom to control federal agencies, but discovered that his ability to make personnel decisions in the Federal Reserve may be more limited.
Read the full story here.
read all about it
- Taylor Swift and Travis Kelce announced its commitment On Instagram with photos of the proposal and a photo of the great diamond ring.
- Uncle Herschel returns to the cookie barrel chair After the online indignation of the conservatives, who accused the Going restaurant chain “Wake” when he launched a new logo.
- YouTube will offer creators the ability to opt for recent improvements after The creators expressed concerns that changes were being made without their permission or knowledge.
- A federal-state association that silently monitors the diseases transmitted by food He climbed his operations Almost two months ago.
- How much will you be Inflated pumpkin spices Cost this fall? Starbucks says the same as last year.
Staff choice: remembering compassion acts during Hurricane Katrina
The journalist Curtis Bunn and I was not completely sure of what a story about the 20 -year anniversary of Hurricane Katrina would be like, how it is said about one of the most mortal storms in the history of the United States that has not yet been said. Then he did what journalists do: He started talking to people who came out and survived the storm.
While we talked about their experiences, the incredible thing that appeared to us was the way in which good actions and kindness led the victims to the other side of an American catastrophe. The neighbors opened their homes; Companies offered work to Broke and Desperate; Residents used tools in their garages to rescue each other. The story we needed to tell was clear: the acts of humanity of complete strangers have survived the physical damage that Hurricane Katrina inflicted on the Gulf coast. – Maria García, Editorial Director
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