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Supreme Court allows Trump’s criminal sentencing to proceed

Supreme Court allows Trump’s sentencing for felony counts, denies request to block hearing amid claims of injustice.

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Supreme Court allows Trump’s sentencing for felony counts, denies request to block hearing amid claims of injustice.

The Supreme Court has denied a request to block President-elect Donald Trump’s criminal sentencing related to hush money payments made to adult-film star Stormy Daniels.

This decision paves the way for a significant court proceeding in New York, which will formally label Trump as a felon.

In their brief order, the court concluded that Trump’s legal objections to his May conviction on 34 felony counts do not necessitate judicial intervention and can be resolved through the standard state appeal process.

The court indicated that the impact of attending the hearing would be minimal, as the trial judge stated that Trump would not face punishment, with the case expected to conclude following a brief virtual session.

The order was unsigned and was supported by Chief Justice John Roberts and Justices Sotomayor, Kagan, Barrett, and Jackson.

Conversely, the court’s more conservative justices expressed their willingness to grant Trump’s request to prevent the hearing from occurring, with Gorsuch, Kavanaugh, and Barrett being appointments made by Trump.

In response to the court’s ruling, Trump publicly criticized the trial judge and asserted his innocence regarding the charges against him, expressing confidence that he would ultimately appeal his conviction successfully.

The Manhattan District Attorney’s Office declined to comment on the matter.

Last May, a state jury found Trump guilty of falsifying business records to suppress potentially damaging information before the 2016 presidential election. The trial judge has indicated that a non-punitive sentence seems the most feasible outcome given Trump’s impending inauguration.

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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


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