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Special Counsel dismisses federal cases against Trump

Special Counsel dismisses federal prosecutions of Trump, citing policy against prosecuting sitting presidents; state-level cases pending.

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Special Counsel Jack Smith has moved to dismiss federal prosecutions of former President Trump, citing a longstanding Justice Department policy against prosecuting a sitting president.

Smith emphasized that this prohibition is absolute and independent from the nature of the alleged crimes or the strength of government evidence.

Earlier this year, a judge dismissed a case involving classified documents, ruling that Smith’s appointment was unlawful.

Although Smith’s office appealed this decision, it has now withdrawn this appeal.

A representative for Trump characterised Smith’s dismissal as a significant win for the rule of law, marking an end to a controversial period in U.S. history.

Smith was appointed special counsel in November 2022, shortly after Trump’s announcement for a presidential run. With the elections completed, Smith’s team is working to conclude the federal cases before he is expected to resign.

State felonies

While federal cases are dismissed, two state-level prosecutions are still pending. In New York, Trump was convicted of 34 state felonies related to hush money payments, but sentencing has been postponed as he seeks to overturn the conviction.

In Georgia, an election-interference case is also facing challenges, having been stalled due to attempts to disqualify the district attorney and the implications of Trump’s presidential election.

Both cases could potentially falter following Smith’s recent actions.

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China faces economic slowdown amid Trump’s tariffs

China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.

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China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.


China is under pressure to meet its 5% growth target this year as US tariffs bite.

Analysts are calling for a major stimulus package—up to 2 trillion yuan—to combat trade war fallout.

This episode explores what measures Beijing may take, and whether Chinese consumers can help steady the ship.

#ChinaEconomy #TrumpTariffs #GlobalTrade #Stimulus #ChineseGrowth #Beijing #ConsumerSpending #TickerNews

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Tariffs shake tech sector and US dollar stability

“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”

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“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”


As tariffs ripple through global markets, questions emerge about tech stability and the US dollar’s safe-haven status.

With giants like Nvidia and ASML raising red flags, are we looking at isolated concerns—or a broader systemic risk?

Plus, Australia’s jobs report shows resilience. We discuss with David Scutt from StoneX.

#TechStocks #USDollar #Nvidia #ASML #GlobalMarkets #TradeWar #EconomicForecast #TickerNews

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Powell warns tariffs may slow US economy

Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

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Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews


Federal Reserve Chair Jerome Powell says the US economy remains strong, but Trump’s tariffs may threaten growth.

Powell warns that these trade barriers could trigger higher inflation, slower growth, and financial market volatility.

We break down what Powell said and what it means for Wall Street and everyday investors.

#JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

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