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Trump praises Intel CEO days after demanding resignation
Trump praises Intel CEO’s success days after demanding his resignation amidst questions over ties to China
Trump praises Intel CEO’s success days after demanding his resignation amidst questions over ties to China
– Trump met Intel CEO Tan, reversing earlier calls for resignation and praising his achievements.
– Intel shares rose 2% amidst plans for collaboration and commitment to US technology leadership.
Tan, who became Intel’s CEO in March, faced scrutiny from Senator Tom Cotton regarding his connections to China.
Last week, Trump labelled Tan as “highly CONFLICTED” and demanded his resignation, but this tone shifted in the latest statement. Intel reinforced its dedication to national security amidst concerns about global semiconductor competition, particularly with China.
Nvidia has also been involved in negotiations with the US government over export licenses, indicating the administration’s significant influence in the semiconductor industry.
Tan’s leadership aims to address Intel’s challenges after the company struggled in the AI market, with plans to cut costs and strategically relocate manufacturing operations.
New Developments
Intel shares have risen by 3% this year, while the S&P 500 has seen an increase of 8.4%.
News
Venezuela’s opposition leader vows return and calls for free elections
Maria Corina Machado plans return to Venezuela, urging fair elections and release of political prisoners amid political pressure.
Maria Corina Machado plans return to Venezuela, urging fair elections and release of political prisoners amid political pressure.
Venezuela’s opposition leader Maria Corina Machado says she plans to return home as she renews calls for a free and fair election, despite ongoing political pressure and legal threats against her. Her return would mark a major test for the country’s fragile democratic movement.
Machado is currently under investigation by authorities aligned with President Nicolas Maduro, accused of inciting insurrection. Meanwhile, loyalists from Maduro’s Socialist Party continue to hold key positions of power, complicating efforts to shift Venezuela’s political direction.
She is also calling for the immediate release of political prisoners, arguing it is a necessary first step towards restoring democracy and rebuilding trust in the country’s institutions.
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U.S. to lead ceasefire monitoring in Ukraine under new security commitments
US to lead ceasefire monitoring in Ukraine, coordinating international efforts and supporting European troops post-peace agreement.
US to lead ceasefire monitoring in Ukraine, coordinating international efforts and supporting European troops post-peace agreement.
The United States has pledged to lead a continuous and reliable ceasefire monitoring system in Ukraine, following new binding security commitments finalised at a Paris summit.
Under the plan, Washington would coordinate international monitoring efforts after any peace agreement, ensuring compliance while providing intelligence and logistical support to European forces on the ground.
The US has also committed to backing European troops if they come under attack, signalling a deeper security role without deploying American combat forces directly into Ukraine.
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Albanese open to royal commission into Bondi attack
Albanese considers royal commission into Bondi terror attack amid calls for inquiry and focus on security review
Albanese considers royal commission into Bondi terror attack amid calls for inquiry and focus on security review
– Prime Minister Albanese has not ruled out a royal commission into the Bondi Beach terrorist attack.
– He prioritises a review of intelligence agencies while facing pressure for a national inquiry.
He has resisted calls for a federal inquiry into the attack, where 15 people were killed during a Hanukkah event last month. Albanese prioritised the review of intelligence responses and stated discussions were ongoing to address community needs.
He outlined intentions to recall parliament once new legislation focused on hate speech and gun control is prepared. Consultations are planned over the coming days to ensure proper legislative formulation.
Albanese rejected opposition claims that parliament could have swiftly passed the necessary laws post-attack. Currently, MPs are scheduled to reconvene in February, but a session may be convened sooner to pass new laws and honour Bondi victims.
Ongoing Discussions
Former Labor figures have publicly called for a national royal commission, expressing concern over the limitations of a NSW-led inquiry. Mike Kelly suggested a “rolling” approach for the royal commission to address wider implications for security and democracy, highlighting the necessity of thorough examination given the unprecedented nature of the attack.
He asserted the need for this inquiry to explore broader social issues and assist the Jewish community in the healing process, urging the government to remain responsive to public sentiments.
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