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Sandy Hook settlement could trigger rise in insurance prices

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A historic US$73 million settlement with gun-maker Remington Arms over the fatal Sandy Hook shooting will likely to drive up the prices of insurance

According to firearms reporter Stephen Gutowski the price of insurance will likely rise following the major settlement with the gun maker, which was reached this week.

Remington Arms is set to pay $73 million to the families of victims killed in the Sandy Hook Elementary School massacre.

In December 2012, 20 students and six adults were killed by a gunman brandishing a Remington Bushmaster AR-15 rifle at a school in Connecticut after killing his mother at home.

The families of five children and four adults will receive a sum of the money, with the firearms company also releasing all the discovery and disposition material to the public.

After years in courts trying to hold Remington accountable, the settlement will finally be paid through insurance policies.

One victim’s mother has marked the day as an “inflection point”.

Gutowski says it’s the gunmakers who will cop the price hike, as this settlement will likely hold a precedence which will hold them responsible for fatal events such as the 2012 shooting at Sandy Hook.

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President Trump addresses World Economic Forum with bold economic vision

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In a virtual appearance at Davos, Trump outlines his aggressive economic agenda and fields questions from global business leaders.

President Donald Trump delivered his first major international remarks since returning to the White House earlier this week, addressing the World Economic Forum (WEF) in Davos, Switzerland, via satellite.

Speaking to an audience of global leaders and business executives, Trump outlined a bold economic agenda focused on revitalizing American industry, reducing regulatory barriers, and prioritizing domestic production.

During his address, Trump highlighted his administration’s commitment to creating jobs, reducing trade deficits, and renegotiating international trade agreements to benefit American workers.

“We are ushering in a new era of economic strength,” Trump declared, adding that his policies will be aimed at securing the United States’ position as a global leader in innovation and manufacturing.

Following his speech, Trump joined a panel to field questions from international business leaders.

Topics included his vision for energy independence, the role of technology in driving economic growth, and how the U.S. plans to engage with allies on trade and security.

Trump said his administration’s willingness to partner with nations that share a commitment to economic fairness and mutual prosperity.

While the address was met with some skepticism from European leaders, who expressed concerns about the impact of Trump’s trade policies, business leaders praised his focus on deregulation and infrastructure investment.

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Trump tells Putin to end ‘ridiculous war’

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President Trump warns Russia of sanctions and tariffs to push for Ukraine peace

President Donald Trump has issued a stern warning to Russia, vowing to impose significant tariffs and additional sanctions if President Vladimir Putin does not take immediate steps to end the ongoing war in Ukraine.

Writing on his social media platform Truth Social, Trump asserted that a resolution to the conflict would not only benefit Ukraine but would also serve Russia’s interests, calling the potential outcome a “very big favor” to Moscow.

The Kremlin has responded cautiously to Trump’s statements, with spokesman Dmitry Peskov reiterating Russia’s openness to “mutually respectful dialogue.”

However, he dismissed the warnings as consistent with the rhetoric Trump employed during his first term. Russian President Putin continues to demand recognition of Moscow’s territorial gains in Ukraine, a condition Kyiv refuses to accept.

Meanwhile, Ukrainian President Volodymyr Zelensky, reiterated the critical role of the United States in any peacekeeping effort.

Speaking at the World Economic Forum, Zelensky suggested that a peacekeeping force, including U.S. troops, would be essential to deterring Russian aggression and securing long-term stability.

“It can’t be without the United States,” Zelensky stated, underlining his belief in America’s leadership on the global stage.

As negotiations remain at a standstill, Trump’s proposed measures could intensify pressure on Moscow.

However, analysts caution that any significant shift will depend on the willingness of all parties to engage in constructive talks, with the U.S. playing a pivotal role in shaping the outcome.

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Trump orders release of JFK assassination-related documents

Trump orders release of JFK assassination files; includes records on Robert F. Kennedy and Martin Luther King Jr.

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Trump orders release of JFK assassination files; includes records on Robert F. Kennedy and Martin Luther King Jr.

President Trump signed an executive order directing the release of federal documents related to the assassinations of John F. Kennedy, Robert F. Kennedy, and Martin Luther King Jr.

The order requires the director of national intelligence and the attorney general to submit a plan within 15 days for the complete release of JFK assassination records.

Trump stated that continued withholding of JFK-related information is not in the public interest and that the documents’ release is overdue.

While no congressional act mandates the release of records on the other two assassinations, Trump asserted that making these documents public is also in the public interest.

During his 2024 campaign, Trump promised to declassify remaining documents about JFK’s assassination, which continues to intrigue the public since the event in 1963.

Despite previously pledging to release documents during his first term, Trump kept some withheld, citing intelligence concerns.

John F. Kennedy was shot in Dallas by Lee Harvey Oswald, leading to ongoing conspiracy theories regarding potential CIA involvement.

In 2022, nearly 13,000 new files related to JFK’s assassination were released by the National Archives, marking the largest release since 2018.

Legislation from 1992 requires all remaining records to be released by October 2017 unless related to national defense or intelligence.

Both Trump and President Biden have issued extensions to keep some documents private.

Experts suggest that significant revelations are unlikely from the upcoming document releases.

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