Latest in Trump Defence Funds
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FirstFT: Taiwan lawmakers risk provoking Trump’s ire with defence funds freeze
Also in today’s newsletter, Huawei challenges Nvidia’s AI chip dominance in China, and US president threatens to trigger a global tax fightFinancial Times - 7h -
Trump may use Medicaid cuts to fund tax reform. These states would be hit hardest.
President Donald Trump has long proposed cutting Medicaid, which covers healthcare for lower-income Americans.MarketWatch - 11h -
Sabalenka survives scare to keep title defence alive
Aryna Sabalenka survives a scare against Anastasia Pavlyuchenkova to reach the Australian Open semi-finals and continue her bid for a third straight Melbourne title.BBC News - 16h -
Taiwan lawmakers risk alienating Trump with defence funds freeze
US president has claimed Washington is providing ‘insurance’ for TaipeiFinancial Times - 19h -
TSMC is confident its CHIPS Act funding will continue under Trump, says CFO Wendell Huang
TSMC has been promised $6.6 billion under the Biden-administration's CHIPS and Science ACT to help build three cutting-edge chip fabrication plants in Arizona.CNBC - 2d -
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Ukraine war briefing: Russia and Iran deepen defence ties as Trump inauguration looms
Trump has pledged to broker peace in Ukraine and take tougher stance on Tehran; EU foreign policy chief urges bloc members to extend Russia sanctions. What we know on day 1,060. See all our ...The Guardian - 4d -
Sam Altman claps back at Senate inquiry into Trump inaugural fund donation
OpenAI CEO and co-founder Sam Altman clapped back at two Democratic senators' inquiry into his $1 million personal donation to President-elect Trump's inaugural fund, quipping Friday he was not ...The Hill - 4d -
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Littler opens Bahrain Masters title defence with win
Newly crowned world champion Luke Littler starts his Bahrain Masters title defence with a 6-3 victory against Lourence Ilagan in Sakhir.BBC News - 5d -
NAACP Legal Defense Fund report finds Trump AG pick Pam Bondi ‘undermined’ voting rights
Pam Bondi, President-elect Trump’s pick to lead the Department of Justice (DOJ), has a history of “undermining” voting rights, according to a report opposing Bondi from the NAACP’s Legal Defense ...The Hill - 5d -
Russia-Ukraine war live: Keir Starmer says UK will deliver new mobile air defence system to Ukraine
UK prime minister meets Ukrainian president as they sign 100-year partnership agreement to deepen security ties between nations. Starmer hails ‘closer than ever’ partnership with Ukraine on visit ...The Guardian - 5d -
Managers roll out record number of defence funds in Asia-Pacific
A total of 15 military-themed funds launched in the region in 2024 compared with just one in 2023Financial Times - 6d -
Biden Trump-proofs $74bn in climate funding but $20bn remains vulnerable
Allocation of funds from Inflation Reduction Act makes it harder for president-elect to halt green initiatives. The Biden administration has raced to allocate $74bn of funding for climate ...The Guardian - Jan. 14 -
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'Feels like home' - Sabalenka starts title defence with win
Aryna Sabalenka opens her Australian Open title defence with a straight-set victory over American Sloane Stephens.BBC News - Jan. 12 -
Ronnie O’Sullivan abandons Masters snooker title defence on health grounds
Neil Robertson replaces 2024 winner at Alexandra Palace O’Sullivan had withdrawn from Championship League Reigning champion Ronnie O’Sullivan has withdrawn from the upcoming Masters snooker ...The Guardian - Jan. 10 -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - Jan. 10 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Google and Microsoft donate $1m each to Trump’s inaugural fund
Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...The Guardian - Jan. 9 -
Google donates $1 million to Trump's inauguration fund, joining other tech giants
Google becomes the latest tech company to donate to Trump's inauguration fundCNBC - Jan. 9 -
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China steps up defence of renminbi against Wall Street bets
Currency softens over weakness in world’s second-largest economy and fear of Trump tariffsFinancial Times - Jan. 9 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
How Nato will hold European capitals to higher defence spending promises
Also in this newsletter: The countries breaking EU law by ignoring green deadlinesFinancial Times - Jan. 7 -
Indian investors rush into highly valued defence stocks
Asset managers have launched specialist funds as push for domestic armaments sends share prices soaringFinancial Times - Jan. 7 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
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ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
Lionesses approach Euro 2025 defence with more questions than answers
Wiegman’s England tread a very different road this year, with squad berths and even the side’s system up for debate. How do you prepare to scale Everest three years after reaching the summit? You ...The Guardian - Jan. 4 -
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Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - Jan. 4 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2
