Venezuela's president has raised the country's minimum wage by 300 per cent as part of routine wage increases as his government battles hyperinflation. Nicolas Maduro increased the minimum wage to 18,000 bolivars, around £5.20, per month amid an economy suffering from annual inflation nearing two million per cent. Mr Maduro announced his economic plans at the start of his second, disputed, term on Monday, as calls increased for him to surrender power.
Extremists stormed a luxury hotel in Kenya's capital on Tuesday, setting off thunderous explosions and gunning down people at cafe tables in an attack claimed by Africa's deadliest Islamic militant group. A police officer said at least 15 people had died. What I have seen is terrible," said Charles Njenga, who ran from a scene of blood, broken glass, burning vehicles and pillars of black smoke.
Recognized around the world as a symbol of manly civility for more than a century, Gillette will now be remembered as the company that did itself in by sacrificing a massive consumer base at the altar of progressivism. In case you hadn't seen or heard: Parent company Procter & Gamble launched a Gillette ad campaign blanket-demonizing men as ogres and bullies. At home and at work, in the boardroom, on the playground, and even while barbecuing in the backyard, Gillette sees nothing but testosterone-driven trouble.
Some 30,000 Los Angeles teachers on strike for higher pay, smaller classes and more staff walked picket lines in the rain for a second day on Tuesday as Mayor Eric Garcetti embraced their cause while trying to nudge the two sides back to the bargaining table. Negotiators for the Los Angeles Unified School District and the United Teachers Los Angeles have not met since union leaders rejected the LAUSD's latest contract offer on Friday night, calling the proposal an "insult." Asked on Tuesday afternoon whether the two parties had any intention of resuming labor talks, an LAUSD spokeswoman said: "Nothing is scheduled at this time."
The BMW flagship sedan also gets revised engines and plenty of new tech. From Car and Driver
Two Republican U.S. lawmakers are turning to a World War I-era financial tactic to break the impasse over President Donald Trump's demand for money to build a wall along the Mexican border. Representatives Steven Palazzo of Mississippi and Andy Harris of Maryland, both members of the House Appropriations Committee, introduced the Border Bonds for America Act of 2019 -- a law that would allow Americans to buy such securities from the U.S. The money would be put in a trust fund and used just to build a wall along the nearly 2,000 mile (3,200 kilometer) border.
Britain is in "uncharted waters" after Prime Minister Theresa May was "humiliated" by the "crushing defeat" of her Brexit deal in parliament, according to scathing reactions in the British and world press on Wednesday. Here are some of the responses: - 'Brextinct' - "May's Brexit deal dead as a dodo", Britain's biggest-selling newspaper The Sun said, with a mock-up picture of the PM as the extinct flightless bird, under the front page headline "Brextinct". The Daily Telegraph's front page read: "A complete humiliation".
WASHINGTON – The House was scheduled to vote Tuesday on a formal rebuke of Rep. Steve King, who has received bipartisan condemnation for his comments in which he questioned why phrases like "white supremacist" are offensive. In a rare move, House Democratic leaders are coalescing behind a vote of disapproval put forth by Rep. James Clyburn, the No. House Democrat and an African American, a senior Democratic aide said Monday.
Ohio Congressman Brad Wenstrup, who attended the meeting, reacts to the democrats actions on 'Your World.
TNI Staff Security, The U.S. Air Force's original plan was for the F-22 to be its high-end air superiority fighter while the F-35 was designed to be primarily an air-to-ground strike aircraft, but one which could defend itself. Key point: The answer is that the F-35 cannot match the F-22 as an air superiority fighter—it was never designed as such. Lockheed Martin's F-35 Joint Strike Fighter—which is built in three versions—recently completed its developmental test phase and is operational with the U.S. Air Force and Marine Corps.
The announcement by the nation's largest utility that it is filing for bankruptcy puts Pacific Gas & Electric Co.'s problems squarely in the hands of Gov. Gavin Newsom and state lawmakers, who now must try to keep ratepayer costs down, ensure wildfire victims get the money they're owed and rethink California's energy picture in the face of climate change. "This issue is all about three fundamental things: It is about safety, it's about reliability and it's about affordability," Newsom told reporters Monday afternoon after spending the day in and out of meetings with lawmakers about the pending bankruptcy.
Sen. Kirsten Gillibrand on Tuesday moved toward launching a 2020 presidential campaign by forming an exploratory committee. The New York Democrat announced her intentions on CBS' “The Late Show with Stephen Colbert” ahead of a trip to Iowa this weekend.
The U.S. economy is taking a larger-than-expected hit from the partial government shutdown, White House estimates showed on Tuesday, as contractors and even the Coast Guard go without pay and talks to end the impasse seemed stalled. The shutdown dragged into its 25th day on Tuesday with neither Trump nor Democratic congressional leaders showing signs of bending on the topic that triggered it - funding for the wall Trump promised to build along the border with Mexico. Trump is insisting Congress shell out $5.7 billion for wall funding as about 800,000 federal workers go unpaid during the partial shutdown.
The Latest on the kidnapping of 13-year-old Jayme Closs (all times local): 6:30 p.m. The grandfather of a 21-year-old Wisconsin man accused of kidnapping 13-year-old Jayme Closs and killing her parents during a home invasion says his grandson was "quiet and shy." Jim Moyer told ABC News on Tuesday that his grandson, Jake Thomas Patterson, is a "nice boy, polite" who often "backed off from crowds."
A gauge of relative demand for bullish or bearish options on sterling has climbed to the highest since April even as the U.K. Prime Minister Theresa May's Brexit plan faces almost certain defeat in a House of Commons vote Tuesday. The pound may extend its rebound to above $1.30 should the Brexit deadline be delayed from the end of March, said Yuji Kameoka, chief foreign-exchange analyst at Daiwa Securities Co. in Tokyo. While still just bearish for one-month options, the move implies investors are assigning a smaller probability to a no-deal Brexit outcome amid speculation the March 29 deadline for the U.K. to leave the European Union may be set back, allowing more time for an agreement to be reached.
Top oil exporter Saudi Arabia called Tuesday for a "fair" and gradual global energy transition as it unveiled an ambitious domestic renewable energy programme. Experts say energy output from renewables, especially solar and wind, is growing faster than anticipated, threatening to displace oil, gas and coal as the world's main sources of power. But Saudi Energy Minister Khalid al-Falih told a clean energy conference in Abu Dhabi that the transition must take place gradually in order to avoid "chaos".
Donald Trump's latest pick to lead the Justice Department has made several lofty promises to the Senate during his confirmation hearings — several of which appear to go against his own record. William Barr, the president's nominee and former attorney general under George Bush in 1991, has vowed not to interfere with Special Counsel Robert Mueller's investigation into Russian meddling in the 2016 election, saying in a prepared statement to senators: “It is in the best interest of everyone — the president, Congress and, most importantly, the American people — that this matter be resolved by allowing the special counsel to complete his work.
“Someone estimated that if it goes on for the whole quarter, it can reduce growth to zero,” Dimon told reporters on a media call to discuss fourth-quarter results. In the earnings release, Dimon addressed the U.S. political dysfunction that is now threatening to slow economic growth: In 2019, “we urge our country's leaders to strike a collaborative, constructive tone, which would reinforce already-strong consumer and business sentiment.
Ford and Volkswagen have committed to co-develop vans and trucks that will see showrooms starting in 2022, both automakers announced Tuesday. The Ford Ranger will continue as a U.S. product, even as the new joint agreement sees collaboration on non-U.S. versions of the Ranger and the Ford Transit van. Ford will build an all-new Ranger, which will also underpin the next-gen VW Amarok that is likely to remain outside the U.S., and continue to engineer the next-gen Transit full-size van that VW may rebrand into its future Transporter.
Los Angeles school administrators urged the union to resume bargaining as thousands of teachers walked picket lines for a second day Tuesday, joined for the first time by some of their counterparts from independent charter schools. "We need our educators back in our classrooms helping inspire our students," said Unified School District Superintendent Austin Beutner. Teachers are pressing for higher pay, smaller class sizes and more support staff that school officials say could bankrupt the nation's second-largest system.
The senior U.S. defense intelligence official, who spoke to reporters on condition of anonymity, did not predict that China's military, known as the People's Liberation Army (PLA), would take such a step but said such a possibility was the top worry as China expands and modernizes its military capabilities. "The biggest concern is that ... they are getting to a point where the PLA leadership may actually tell Xi Jinping that they are confident in their capabilities," the official said, referring to China's president. Pressed on whether the official was referring to Chinese confidence in its capabilities to be able to successfully win a battle with Taiwan, the official said, "Well, specifically that would be the most concerning to me." Taiwan is only one of a growing number of flashpoints in the U.S.-China relationship, including a trade war between the countries, U.S. sanctions on the Chinese military, and China's increasingly muscular military posture in the South China Sea.
Democrats in the U.S. Congress on Wednesday were moving ahead with legislation to prevent the Trump administration from adding a citizenship question to the 2020 Census, following a court decision this week blocking inclusion of such information. Representative Carolyn Maloney, a senior Democrat on the House Oversight and Government Reform Committee, told reporters that she is re-introducing her bill, which was ignored by Republicans in 2017-2018 when they controlled the House of Representatives. With the Democrats takeover of the House this year and the panel that oversees the decennial census, Maloney said she hoped that her "Census IDEA Act" would advance early in 2019.
Canadian Foreign Minister Chrystia Freeland says Canada has asked China to spare the life of a Canadian man facing a death sentence. Freeland also mentioned a long list of allies that the country has courted in its efforts to free two other Canadians imprisoned last month after Canada arrested a Chinese executive at the request of the United States. Freeland's remarks came after China earlier Tuesday expressed "strong dissatisfaction" with Prime Minister Justin Trudeau's criticism of a death sentence handed down to a previously arrested third Canadian, an alleged drug smuggler.
AD travels to the Motor City to discover the most exciting cars being displayed at the annual event
Following a pair of snowstorms set to deliver a one-two punch to the midwestern and northeastern United States into this weekend, the coldest air so far this winter season has its sights set on the eastern half of the nation. The second in this pair of snowstorms will bring heavy snow and, in some cases, blizzard conditions, to the central Plains and Midwest from Friday into Saturday before impacting the mid-Atlantic and Northeast this weekend. "Temperatures from the central Plains to the Great Lakes and Ohio Valley will plummet from the 20s, 30s and 40s Fahrenheit during the storm to the single digits, teens and 20s immediately behind it," AccuWeather Senior Meteorologist Alex Sosnowski said.