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

News

Former Hollywood heavyweight investigated in UK

Published

on

Former Hollywood producer Harvey Weinstein is set to face new charges for alleged indecent assault in the UK

The 70 year old American is currently serving a 23 year prison sentence in the United States following a string of sexual assault cases.

The Crown Prosecution Service (CPS) in the UK announced that it had authorised Metropolitan Police to charge the Hollywood filmmaking heavyweight on two counts of indecent assault.

The alleged assaults took place in London in August 1996, but both counts against one woman who’s identity has not been publicly released.

The alleged victim would be aged in her 50s today.

The Crown Prosecution Service also put out in their statement

“That criminal proceedings against the defendant are active and that he has the right to a fair trial.”

The Service stressed that media and commentary or information posted online should not prejudice any proceedings.

What happens next for Weinstein as a result of these latest British charges?

What happens next isn’t clear at this point.

Formal charges by Metropolitan Police would have to be laid before anything else can happen following this recommendation from the CPS.

Harvey Weinstein was convicted of a string of historic sexual assault charges in the USA – several years ago was sentenced to 23 years in prison.

He began his sentence in New York State in 2020, but he was extradited to California in 2021 to face charges of a different trial and is currently still awaiting that.

Whether he would be extradited to the UK to face a court here is unknown at this point.

The CPS also at pains to point out that its recommendation is not a finding of guilt or innocence.

Simply an independent, fair and objective assessment about whether it is appropriate for something to go to a criminal court in the UK.

The CPS Special Crimes division usually deals with serious criminal allegations – often against high profile individuals, or election offences.

Continue Reading

News

Rate cuts ahead? US stocks bounce as inflation cools

Published

on

Investor sentiment is improving as fresh data out of the US and Australia shifts expectations for central bank action.

Stronger-than-expected labour market figures in Australia have raised questions about whether the Reserve Bank will move ahead with a rate cut next week. While the RBA has signalled it is watching data closely, the resilience in employment may force a delay.

Meanwhile, in the US, softer inflation data has lifted hopes that the Federal Reserve could cut rates later this year. That news helped spark a sharp turnaround in US equities, with the so-called “sell America” trade now unwinding as buyers return to Wall Street.

Continue Reading

News

Trump’s $600B Middle East Deal: What It Means for Global Stability

Published

on

 

President Donald Trump’s four-day Middle East tour during his second term has sparked global attention, locking in a monumental $600 billion investment from Saudi Arabia. From AI to defence, space to energy—this economic pact is reshaping U.S. foreign policy.

In an unprecedented move, Trump also lifted long-standing U.S. sanctions on Syria after meeting its new president, raising eyebrows among traditional allies.

Ticker News anchor Veronica Dudo speaks with Erbil “Bill” Gunasti, former Turkish PM Press Officer and Republican strategist, to break down the implications for national security, global diplomacy, and the path to peace in Ukraine.

Continue Reading

News

Trump’s AI deals raise concerns over China ties

Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

Published

on

Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

In Short:
Trump’s AI deals with Saudi Arabia and the UAE are causing internal conflicts in his administration over US national security. Officials are concerned that American technology supplied to the Gulf could ultimately benefit China, leading to calls for enhanced legal protections.

President Donald Trump’s recent AI deals in Saudi Arabia and the UAE are causing internal conflicts within his administration.

Concerns are rising among officials, particularly China hawks, about the implications for US national security and economic interests.

Agreements include shipments of vast quantities of semiconductors from Nvidia and AMD to the Gulf states, prompting fears that American technology could ultimately benefit China, given the region’s ties with Beijing.

While the accords include clauses to limit Chinese access to the chips, some officials argue that further legal protections are necessary.

Critics, including Vice President JD Vance, have suggested that maintaining US dominance in AI is crucial, and shipping chips abroad might undermine that goal.

Supporters of the deals, including AI Adviser David Sacks, argue the need for American technology in the Gulf to deter reliance on Chinese alternatives.

Despite this, internal discussions are underway to potentially slow down or reassess the agreements due to ongoing national security concerns.

Conversations have also included proposals for a significant chip manufacturing facility in the UAE, which many officials deem risky due to China’s influence.

Additionally, worries persist about G42, an AI firm in Abu Dhabi, which has historical ties to Huawei.

The agreements with Gulf countries promise to enhance their technological capabilities while necessitating careful oversight to address US security priorities.

 

Continue Reading

Trending Now