Lawmakers are keenly aware of the costs of running a country due to the nation’s skyrocketing debt, but now another expense may be added to Congress’ tab — Venezuela. President Donald Trump hasn’t backed down from his position that the U.S. will run Venezuela after the surprise strikes and capture of former Venezuelan President Nicolás Maduro. That’s left some on Capitol Hill wondering what the price tag will be, considering Venezuela’s bleak economy. Like most...
The Islamic Republic of Iran may have more than eight American citizens and residents in its captivity, Fox News Digital can reveal based on information from sources outside the Trump Administration who are well-versed with Tehran’s hostage-taking policy system. Information shows that the total number of Americans citizens and residents held hostage by the Iranian regime could exceed the open-source data listing five American hostages in Iran. Iran’s regime arrested a U.S. citizen, Kamran Hekmati,...
House and Senate lawmakers unveiled a new funding package on Sunday night totaling roughly $80 billion in federal spending, but questions still loom about averting another government shutdown at the end of this month. The package combines two of Congress’ 12 annual appropriations bills in what’s called a ‘minibus.’ It covers funding for the State Department and related national security, as well as federal financial services and general government operations. Notably excluded from the package,...
A Senate Republican again plans to act as a roadblock to President Donald Trump, this time against any potential replacement for Federal Reserve Chair Jerome Powell. Sen. Thom Tillis, R-N.C., announced that he would block any future nominee to serve as chair of the Fed following the revelation that Powell was under criminal investigation for testimony he gave regarding the renovation at the Federal Reserve. ‘If there were any remaining doubt whether advisors within the...
Meta has appointed former Trump administration adviser Dina Powell McCormick to a newly created senior leadership role, underlining the tech giant’s determination to accelerate its push into artificial intelligence infrastructure. The owner of Facebook, Instagram and WhatsApp said Powell McCormick will join the company as president and vice chairman, with a remit spanning global strategy, government engagement and capital partnerships, with a particular focus on funding and scaling Meta’s vast AI ambitions. The appointment comes...
The U.S. military launched strikes against Venezuela and captured its dictator, Nicolás Maduro, on Jan. 3 — emerging from the operation largely unscathed as it handicapped Venezuela’s defense systems and potentially conducted cyber operations against Caracas. Altogether, more than 150 aircraft — including U.S. bombers and fighter jets — were involved in the operation, successfully completing a ‘large-scale strike’ against Venezuela, according to President Donald Trump. Additionally, Caracas, Venezuela, suffered power outages early Jan. 3...
Rising costs are pushing UK manufacturers dangerously close to an investment tipping point, with businesses warning that planned spending could be cancelled or moved overseas unless pressures ease. A new survey by Make UK, the manufacturing trade body, found that almost nine in ten industry leaders expect employment costs to rise this year, while two thirds anticipate higher energy bills. The findings underline mounting concern that the cost base for British manufacturing is becoming unsustainable....
Former chancellor Nadhim Zahawi has defected to Reform UK, becoming the most senior ex-Conservative figure to join Nigel Farage’s party. Zahawi, 58, was unveiled alongside Farage at a press conference in London, where he warned that Britain was “drinking in the last chance saloon” and said the country “really does need Nigel Farage as prime minister”. In a video message announcing his move, the former vaccines minister and chancellor said: “Nothing works, there is no...
Jeremy Clarkson has sparked a fresh debate about the pressures facing British agriculture after delivering a blunt response to a social media user who blamed Brexit for the struggles of UK farmers. The exchange followed a video Clarkson recorded in support of the farming advocacy campaign No Farmers, No Food, in which he called on the next government to put farming higher up the political agenda. In the video, filmed on his phone, Clarkson said...
Gold and silver prices have surged to fresh all-time highs, prompting experts to urge ordinary Britons to take a closer look at what they already own, including forgotten jewellery tucked away in drawers and boxes at home. Gold climbed to $4,603.87 while silver reached $84.69, as investors piled into traditional safe-haven assets amid rising geopolitical tension involving Iran, fears of potential US military action, and fresh instability in Washington following the launch of a criminal...
