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Haley calls for ‘new leadership’ in GOP presidential bid

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If she wins, the daughter of Indian immigrants would be the first non-white or female Republican presidential nominee

 
“For a strong America, for a proud America, I am running for president of the United States of America!”

At her first public campaign event since announcing her candidacy, Republican Nikki Haley on Wednesday declared she would seek her party’s nomination for president.

The 51-year-old former governor of South Carolina spoke to a crowd in Charleston, and repeatedly underscored the need for new and younger leadership.

“We’re ready, ready to move past the stale ideas and faded names of the past. And we are more than ready for a new generation to lead us into the future.”

Haley’s entry into the Republican primary makes her the first to challenge former president Donald Trump, who launched a third bid for the White House last year.

And her announcement may give her an early and much needed boost as Republican donors and voters weigh whether or not to back Trump after Republicans during his administration lost the House of Representatives, the Senate, and the presidency.

But since declaring her candidacy, Haley has yet to offer any direct criticism of her former boss.

Trump tapped Haley to represent the U.S. at the United Nations, her highest public role to date. She left the administration in 2018 on good terms with 45th president, though at times she has been critical of him.

And no one on stage at Haley’s event Wednesday spoke Trump’s name. But it seemed to offer signals that Trump-supporters could find favour with the former governor.

Among the speakers, Christian evangelical giant Pastor John Hagee, who endorsed Trump in 2016. And the mother of Otto Warmbier, an American imprisoned in North Korea, freed under the Trump administration, and who died of injuries shortly after he returned home.

“I’m here to tell you that we need Nikki Haley fighting for all our children the way she fought for Otto.”

Cindy Warmbier praised Haley for her courage in standing up to Pyongyang, without mentioning who was president at the time.

On policy, Haley spoke of securing borders, cutting taxes, and pushing back on what she called socialism.

But she kept returning to the subject of age:

“We won’t win the fight for the 21st Century, if we keep trusting politicians from the 20th Century.”

“America is not past our prime. It’s just that our politicians are past theirs.”

These lines seemed aimed at 80-year-old Democratic President Joe Biden, but could apply equally to 76-year-old Donald Trump.

Age isn’t the only gap between Trump and Haley: A Reuters/Ipsos poll this week found that Trump had the support of 43% of registered Republicans. Haley had the support of just 4%.

If she wins, the daughter of Indian immigrants would be the first non-white or female Republican presidential nominee. #trending #featured

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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

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Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy


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Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

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Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy


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