Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Alec Baldwin: ‘I didn’t pull the trigger’

Published

on

Actor Alec Baldwin has spoken for the first time since the shooting which killed a cinematographer on the set of the film, Rust

Alec Baldwin says he “didn’t pull the trigger” of the gun that killed cinematographer Halyna Hutchins on the set of his film, Rust.

The actor, speaking for the first time about the incident with ABC News America, made the claim as he spoke to reporter George Stephanopoulos

“I would never point a gun at anyone and pull a trigger at them. Never,”

The interview was recorded on Tuesday, and is due to be broadcast in the US on Thursday evening.

“I’ve done thousands of interviews in the last 20 years at ABC,” he said. “This was the most intense I’ve ever experienced”

ABC’s Stephanopoulos described their 80-minute discussion as “raw” and “intense, as he spoke to the 63-year-old actor about the incident.

The journalist described Baldwin as “devastated” yet “very candid” and “forthcoming” during a preview of the interview on Good Morning America on Wednesday.

Alec Baldwin is best-known for his performances in films like Cat in the Hat, Glengarry Glen Ross and The Hunt For Red October, as well as his well known impersonations of former US President Donald Trump on US sketch show Saturday Night Live.

Police investigating if recycled ammo was used in Rust shooting
Police investigating if recycled ammo was used in Rust shooting

The investigation into the on-set shooting continues

Police continue to comb through evidence as they probe how the incident occurred. Authorities say Baldwin was told the gun was safe to handle, but they continue to investigate how a live round ended up in the weapon, before it was discharged.

Mr Baldwin was asked during his interview with Stephanopoulos how a live round ended up on the set.

“I have no idea,” the actor said.

“Someone put a live bullet in a gun — a bullet that wasn’t even supposed to be on the property.”

Investigators have described “some complacency” into exactly how weapons were handled on the set.

Authorities have stated that it is still ‘too soon’ to determine whether charges will be filed, amid independent civil lawsuits concerning liability in the fatal shooting.

Continue Reading

News

Powell warns against further December interest rate cuts

Powell warns against assumptions of further rate cuts, highlighting divisions within the Fed amid ongoing economic uncertainties

Published

on

Powell warns against assumptions of further rate cuts, highlighting divisions within the Fed amid ongoing economic uncertainties

video
play-sharp-fill
In Short:
– Jerome Powell stated further interest rate cuts are uncertain after recent decreases, aiming to manage market expectations.
– The Fed ended its balance sheet reduction due to lending market disruptions and mixed views on future rate cuts among officials.

Federal Reserve chairman Jerome Powell indicated that further interest rate cuts are not guaranteed following the recent decrease. In a press conference, he stated that a further reduction in December is “far from” certain. His comments aimed to temper market expectations, where the likelihood of another cut was previously estimated at over 90 per cent.In response to Powell’s remarks, yields on the two-year treasury rose, and traders adjusted their expectations, now estimating a 60 per cent chance of a December reduction. Recently, the Federal Open Market Committee voted 10-2 to lower the federal funds rate target range to 3.75-4 per cent, in response to concerns about the labour market.

Banner

The Fed has also announced an end to its balance sheet reduction efforts due to disruptions in short-term lending markets. Since 2022, the bank has reduced its asset holdings by over $US2 trillion following aggressive purchases aimed at stabilising the economy after the pandemic.

Policy Divisions

Recent post-meeting statements highlighted mixed views among Fed officials about the pace of future rate cuts. Powell remarked that uncertainty surrounding economic conditions necessitates a cautious approach. Ongoing government shutdowns have limited policymakers’ access to crucial economic data, complicating decision-making.

Recent labour market developments show slowed job gains, raising concerns about employment. The Fed is also cautious about reducing rates too quickly due to inflation remaining above their 2 per cent target, reflecting a complex economic landscape. Policymakers have struggled with decisions amid data limitations from the government shutdown, impacting their assessments of inflation and economic indicators.


Download the Ticker app

Continue Reading

News

Trump finalises trade deal with South Korea at summit

Trump and South Korea finalise trade deal as he prepares for vital summit with Xi Jinping in Busan

Published

on

Trump and South Korea finalise trade deal as he prepares for vital summit with Xi Jinping in Busan

<iframe width=”560″ height=”315″ src=”https://www.youtube.com/embed/GB4FDyAt_a4?si=lN5bO3Upkyr75zAa” title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen></iframe>
video
play-sharp-fill
In Short:
– Trump and South Korea’s Lee finalised a trade deal requiring $350 billion in U.S. investments.
– Trump anticipates favourable talks with China to reduce tariffs and improve relations.

Donald Trump and South Korean President Lee Jae Myung finalised a contentious trade deal at a summit in South Korea on Wednesday. The U.S. President expressed optimism about an upcoming summit with China’s Xi Jinping.The agreement, unveiled in late July, stipulated that South Korea would make $350 billion in new investments in the U.S. to avoid significant tariffs on imports. However, negotiations on the investment structure had stalled.

Banner

Trump and Lee reached a compromise allowing Seoul to divide its $350 billion investment into $200 billion in cash, paid in $20 billion instalments. The remaining $150 billion will be allocated to shipbuilding investments.

Upon arrival from Tokyo, following a North Korea missile test, President Trump received an extravagant welcome in the historic city of Gyeongju, the venue for this year’s Asia-Pacific Economic Cooperation forum.

His discussions with Xi are scheduled for Thursday in Busan. Trump downplayed the North Korea missile test and focused on his meeting with Xi, the leader of the world’s second-largest economy.

“I think we’re going to have a very good outcome for our country and for the world,” Trump stated. He anticipates reducing U.S. tariffs on Chinese imports in exchange for China agreeing to control the export of fentanyl precursor chemicals. The Wall Street Journal reported that tariffs could be halved from the current 20%.

China’s foreign ministry indicated that the upcoming meeting would foster positive developments in U.S.-China relations.

Investment Structure


Download the Ticker app

Continue Reading

News

December rate cut all but locked in

Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews

Published

on

Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews


Australia’s economy is losing steam, with weak consumer confidence, falling job ads, and a struggling construction sector, a December rate cut now seems inevitable. But it won’t be a win, it’ll be a warning.

#RBA #InterestRates #AustraliaEconomy #Inflation #Growth #Recession #FinanceNews #CPI #Economy #RateCut


Download the Ticker app

Continue Reading

Trending Now