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Gaetz withdraws as Attorney General nominee amid allegations

Matt Gaetz withdrew as Attorney General nominee, citing distractions from allegations; Trump’s choice faced bipartisan opposition amid ongoing investigations.

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Former Florida lawmaker Matt Gaetz has withdrawn from consideration for the position of Attorney General amid sexual misconduct allegations.

Gaetz stated that his confirmation was becoming a distraction from the work of the Trump administration and he would no longer pursue the nomination.

His selection had generated surprise and opposition from lawmakers, leading to concerns about his ability to gain necessary support for confirmation.

President Trump acknowledged Gaetz’s decision, noting his respect for the administration’s work and expressing optimism for Gaetz’s future.

Gaetz had resigned from Congress shortly before being nominated as Attorney General and was under investigation by the House Ethics Committee for allegations related to drugs and sexual misconduct while in office.

Gaetz’s resignation

The committee’s report, which had been expected to be released soon, was halted due to Gaetz’s resignation.

While trying to salvage his nomination, Gaetz met with senators but faced feedback on the challenges ahead.

Trump’s preference for a more directly controlled Justice Department marked a shift from traditional practices and highlighted his past frustrations with former attorneys general.

Gaetz had the potential to align with Trump’s goals based on his criticisms of the Justice Department under the Biden administration and his support for individuals involved in the January 6 Capitol riot.

His withdrawal comes as new details from the ongoing House investigation continue to surface, compounding the issues surrounding his candidacy.

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Oil prices drop amid OPEC+ output increase plans

Oil prices continue to decline amid OPEC+ output hike plans and U.S. sanctions on Russian oil companies

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Oil prices continue to decline amid OPEC+ output hike plans and U.S. sanctions on Russian oil companies

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In Short:
– Oil prices declined for three days due to OPEC+ production plans and U.S. sanctions on Russia.
– Eight OPEC+ nations may approve a 137,000 barrels per day output increase for December.
Oil prices fell for the third consecutive day as traders assessed OPEC+ plans to increase production amid pressures from U.S. sanctions on Russia and optimism regarding U.S.-China trade talks.Brent crude futures dropped to $65.43 per barrel, down 0.28%, while West Texas Intermediate crude fell to $61.25 per barrel, a decline of 0.10%.

Market concerns about potential oversupply are influencing this sustained weakness as OPEC+ prepares for another production increase.

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Eight OPEC+ nations are reportedly leaning towards approving a modest output increase of around 137,000 barrels per day for December. The decision, driven by Saudi Arabia’s desire to regain market share, reflects ongoing efforts to adjust production after years of cuts to support prices.

Since April, OPEC+ has raised production targets by over 2.7 million barrels per day, nearly halving the previous cumulative cuts agreed upon.

Industry analysts note that additional supply from OPEC+ has contributed to a five-month low in oil prices due to concerns about a developing glut.

Market Uncertainty

The oil market faces ongoing uncertainty from U.S. sanctions placed on Russia’s largest oil companies, Rosneft and Lukoil. These sanctions aim to increase pressure on Russia’s energy sector, further complicating the market situation.

Major oil buyers, including state-owned Chinese companies, have started suspending Russian oil purchases, indicating potential disruptions to the market.


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Marketers struggle to find right creative partners

80% of marketers pitch agencies, but finding the right creative partner is increasingly challenging; AI may offer solutions.

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80% of marketers pitch agencies, but finding the right creative partner is increasingly challenging; AI may offer solutions.


A new report reveals that while 80% of marketers now run their own agency pitches, many admit the search for the perfect creative partner is tougher than ever.

Darren Woolley from TrinityP3 explains what’s driving the shift and how AI could help.

#Marketing #Advertising #Agencies #BrandStrategy #AI #TrinityP3 #CreativeIndustry #DarrenWoolley #Pitching #Media #Business


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Trump royally welcomed to Japan

Trump’s Asia tour launches in Japan with investment pledges, heading to South Korea for a trade truce with China.

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Trump’s Asia tour launches in Japan with investment pledges, heading to South Korea for a trade truce with China.


President Trump’s Asia tour begins with a warm welcome in Japan and major investment pledges, as he heads to South Korea aiming to secure a trade war truce with China.

#Trump #Asia #Japan #SouthKorea #China #Trade #XiJinping #Diplomacy #WhiteHouse #USPolitics #GlobalTrade


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