Day: April 10, 2025

Asia Lower Tracking Overnight Losses On Wall St Amid US-China Trade War Worries; +ve Start On D-St?

Post author By Mike Nova
Post date April 10, 2025

Asian markets took a hit today after Wall Street lost steam, giving up much of the momentum from its big rally the day before. Growing jitters over President Donald Trump’s trade war sent Japan’s Nikkei 225 plunging 5.6%.

The nervous mood spilled over to South Korea and Australia too, where stocks also opened lower.

Meanwhile, Indian equity benchmarks are likely to open higher today as markets resume trading after the Mahavir Jayanti holiday. The optimism is largely driven by strong global cues after US President Donald Trump announced a 90-day pause on tariffs for countries that did not retaliate against American duties.

On Thursday, the S&P 500 tumbled 3.5%, slicing into Wednesday’s surge of 9.5% following Donald Trump’s decision to pause many of his tariffs worldwide. The Dow Jones Industrial Average dropped 1,014 points, or 2.5%, and the Nasdaq composite tumbled 4.3%.

Here’s the trade set-up for today.

#tradesetupfortoday #marketoutlookfortoday #sensex #nifty #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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Articles

In Mahmoud Khalil Case, Trump Administration Claims Authority to Deport People Over Beliefs

Post author By Mike Nova
Post date April 10, 2025

Protests In Newark After The Detention Of Mahmoud Khalil

NEW YORK — Facing a deadline from an immigration judge to turn over evidence for its attempted deportation of Columbia University activist Mahmoud Khalil, the federal government has instead submitted a brief memo, signed by Secretary of State Marco Rubio, citing the Trump administration’s authority to expel noncitizens whose presence in the country damages U.S. foreign policy interests.

[time-brightcove not-tgx=”true”]

The two-page memo, which was obtained by The Associated Press, does not allege any criminal conduct by Khalil, a legal permanent U.S. resident and graduate student who served as spokesperson for campus activists last year during large demonstrations against Israel’s treatment of Palestinians and the war in Gaza.

Rather, Rubio wrote Khalil could be expelled for his beliefs.

He said that while Khalil’s activities were “otherwise lawful,” letting him remain in the country would undermine “U.S. policy to combat anti-Semitism around the world and in the United States, in addition to efforts to protect Jewish students from harassment and violence in the United States.”

“Condoning anti-Semitic conduct and disruptive protests in the United States would severely undermine that significant foreign policy objective,” Rubio wrote in the undated memo.

The submission was filed Wednesday after Judge Jamee Comans ordered the government to produce its evidence against Khalil ahead of a hearing Friday on whether it can continue detaining him during immigration proceedings.

Attorneys for Khalil said the memo proved the Trump administration was “targeting Mahmoud’s free speech rights about Palestine.”

“After a month of hiding the ball since Mahmoud’s late-night unjust arrest in New York and taking him away to a remote detention center in Louisiana, immigration authorities have finally admitted that they have no case whatsoever against him,” the attorneys, Marc Van Der Hout and Johnny Sinodis, said in a joint statement.

“There is not a single shred of proof that Mahmoud’s presence in America poses any threat,” they added.

A Department of Homeland Security spokesperson, Tricia McLaughlin, did not respond to questions about whether it had additional evidence against Khalil, writing in an emailed statement, “DHS did file evidence, but immigration court dockets are not available to the public.”

Khalil, a 30-year-old Palestinian by ethnicity who was born in Syria, was arrested March 8 in New York and taken to a detention center in Louisiana. He recently finished his coursework for a master’s degree at Columbia’s school of international affairs. His wife, an American citizen, is due to give birth this month.

Khalil has adamantly rejected allegations of antisemitism, accusing the Trump administration in a letter sent from jail last month of “targeting me as part of a broader strategy to suppress dissent.”

“Knowing fully that this moment transcends my individual circumstances,” he added, “I hope nonetheless to be free to witness the birth of my first-born child.”

Though Rubio’s memo references additional documents, including a “subject profile of Mahmoud Khalil” and letter from the Department Homeland Security, the government did not submit those documents to the immigration court, according to Khalil’s lawyers.

The memo also calls for the deportation of a second lawful permanent resident, whose name is redacted in the filing.

The Trump administration has pulled billions of dollars in government funding from universities and their affiliated hospital systems in recent weeks as part of what it says is a campaign against antisemitism on college campuses, but which critics say is a crackdown on free speech. To get the money back, the administration has been telling universities to punish protesters and make other changes.

The U.S. government has also been revoking the visas of international students who criticized Israel or accused it of mistreating Palestinians.

At the time of Khalil’s arrest, a Department of Homeland Security spokesperson accused Khalil of leading activities “aligned to Hamas,” referring to the militant group that attacked Israel on Oct. 7, 2023.

But the government has not produced any evidence linking Khalil to Hamas, and made no reference to the group in their most recent filing.

Meanwhile, lawyers for Yunseo Chung, 21, another Columbia student and lawful U.S. resident whom the Department of Homeland Security seeks to deport, included the Rubio letter as an exhibit in court papers filed late Thursday in Manhattan federal court.

The lawyers asked a judge to let them obtain documents from the government related to the targeting of their client, including any that reference her by name related to the State Department’s decision to move to deport her.

Chung, who was arrested on a misdemeanor charge at a recent sit-in at Barnard College protesting the expulsion of students who participated in pro-Palestinian activism, has been ordered freed while her legal challenge is pending.

Articles

US Stocks, Dollar Tumble As Trump’s Trade War Rattles Wall Street | China Tariff Retaliation

Post author By Mike Nova
Post date April 10, 2025

The US stock market tumbled deeply into the red on Thursday as the White House clarified its plan for a massive 145% tariff on China, escalating a trade war.

The Dow, after rising nearly 3,000 points Wednesday, had a volatile day in the red on Thursday. The blue-chip index fell 1,015 points, or 2.5%, pulling back after tumbling as much as 2,100 points midday.

The S&P 500 fell 3.46% and the Nasdaq Composite slid 4.31%. The S&P 500 was coming off its best day since 2008, and the Nasdaq on Wednesday posted its second-best daily gains in history.

After taking a victory lap Wednesday, the president on Thursday acknowledged some “transition problems” could be expected.

“A big day yesterday. There will always be transition difficulty — but in history, it was the biggest day in history, the markets. So we’re very, very happy with the way the country is running. We’re trying to get the world to treat us fairly,” Trump said in the Cabinet Room.

#usstockmarketopening #trumptariffwar #news18live #China #XiJinping #Trumpnews #Stockmarket #Sensex

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LIVE | NUKE Talks Collapse? Iran Deploys Missiles Near US Bases, Israel

Post author By Mike Nova
Post date April 10, 2025

As Trump threatens bombings, Iran fires back – calling U.S. military buildup a “signal of war,” not peace. With indirect nuclear talks set in Oman, Tehran says it won’t bow to threats. Araghchi declares: “We seek peace, not submission.” Is diplomacy dying before it begins?

#iran #trump #usa #khamenei #ustroops #iranusrelations

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Articles

NYC Chopper Crash LIVE: NYC Mayor Eric Adams & Police Chief Jessica Tisch Briefing

Post author By Mike Nova
Post date April 10, 2025

A tourist helicopter crashed into New York City’s Hudson River on Thursday (April 10), killing all six aboard including three children, New York Mayor Eric Adams said. The victims, the pilot and five passengers, were believed to include a family from Spain, Adams told a press conference. The New York Helicopters tour aircraft departed at 2:59 p.m. and later lost control, hitting the water upside down near Lower Manhattan at around 3:15 p.m. and becoming submerged in the river, officials said.

The pilot, another two adults and three children were on board, an official told reporters. New York City Police divers and FDNY divers helped remove the victims from the water. Four were pronounced dead at the scene, while two others were taken to area hospitals where they succumbed to their injuries. The helicopter hit the water inverted, officials said.

The Federal Aviation Administration said the helicopter was a Bell 206. The FAA and the National Transportation Safety Board will investigate, with the NTSB leading the investigation.

#nyc #choppercrash #nycmayor #nypd #news18live

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Articles

, ‘Absolutely isn’t true’: Stephanie Ruhle fact-checks Trump’s tariff claims

Post author By Mike Nova
Post date April 10, 2025

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, ‘Didn’t have faith in her ability’: New book reveals Obama ‘worked against’ Harris in ’24

Post author By Mike Nova
Post date April 10, 2025

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, New Rule: October Surprise? | Real Time with Bill Maher (HBO)

Post author By Mike Nova
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1:23 1:23 Now playing, Pro Golfer John Daly on Golfing with Donald Trump & Bill Clinton

Post author By Mike Nova
Post date April 10, 2025

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6 people dead after helicopter crashes into Hudson River

Post author By Mike Nova
Post date April 10, 2025

A helicopter broke apart and crashed in the Hudson River in New York City on Thursday afternoon, leaving six people dead.Read more: https://thenationaldesk.c…