NYPD launches probe into why it gave a record of a Palestinian woman's sealed arrest to ICE
NEW YORK (AP) — Police in New York City are investigating whether the department violated policy by sharing a report with federal immigration authorities that included internal records of a Palestinian woman's arrest at a protest.
The probe follows reporting by The Associated Press on the cooperation between the NYPD and President Donald Trump's administration, which is seeking to deport Leqaa Kordia, a Palestinian resident of New Jersey, as part of its widening crackdown on noncitizens who participated in protests against the war in Gaza.
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Winnipeg Free Press
26 minutes ago
- Winnipeg Free Press
The Dutch queen unveils a bell made from Russian weapons to show solidarity with Ukraine
PRAGUE (AP) — Queen Maxima of the Netherlands handed over a bell made partly from Russian weapons to a church in the Czech Republic on Thursday in a sign of solidarity with Ukraine. Known as the Bell of Freedom, it was manufactured by the Dutch Royal Eijsbouts bell foundry that used fragments of artillery shells and other weapons fired by Russia against Ukraine. 'This bell has a lot of symbolism in it and it's a very special project for us,' the owner of the bell foundry, Joost Eijsbouts, told the Czech public radio. 'To use material designed for violence and turn it into something peaceful is a good idea.' The bell will be installed in the tower of the Church of the Holy Saviour in Prague, in place of one of the original bells that were seized by the Austro-Hungarian army and turned into weapons during World War I. The Czech Republic and the Netherlands support Ukraine in its fight against Russian troops. The ceremony at the church, attended by Czech President Petr Pavel and his wife Eva, was meant to be one of the highlights of the Dutch royal couple's stay in Prague. But King Willem-Alexander had to cut short the trip and returned home late Wednesday due to the collapse of the Dutch government.
Globe and Mail
35 minutes ago
- Globe and Mail
Bitcoin Has Hit an All-Time High of $112,000. 3 Reasons the Leading Cryptocurrency Is Surging.
Last month, Bitcoin (CRYPTO: BTC) reached a new all-time high of $111,970. Even after a small pullback, the leading cryptocurrency is still up 13% this year, while the S&P 500 has gained just 1.6%. Going back even further, Bitcoin has returned an impressive 990% during the past five years. When a cryptocurrency goes on a tear, investors and prospective investors want to know why. And, even more importantly, they want to know if the gains are likely to continue. In Bitcoin's case, there are a few key reasons it has been doing so well lately. 1. A crypto-friendly political climate President Donald Trump was pro-crypto and pro-Bitcoin during his campaign, even saying that he wanted the U.S. to be "the Bitcoin superpower of the world." He was expected to usher in a more crypto-friendly climate if elected, and so far, he has done just that. Under the Biden administration, the Securities and Exchange Commission (SEC) had gone after many of the major crypto companies and exchanges. Trump's pick for SEC Chair, Paul Atkins, is known for supporting cryptocurrency. Since Trump has taken office, the SEC has ended lawsuits with Coinbase Global (NASDAQ: COIN) and Binance and ended investigations into OpenSea, an NFT marketplace; and Uniswap, a decentralized exchange. The Trump administration also announced the creation of a Strategic Bitcoin Reserve in March. Just like countries stockpile gold, foreign currencies, and other valuable assets, the federal government is stockpiling Bitcoin. Arizona and New Hampshire have followed suit with their own Bitcoin reserves. Government support for Bitcoin and cryptocurrency as a whole should be good for the industry, as it helps further legitimize cryptocurrencies as an investment. Since Election Day, Bitcoin has hit multiple all-time highs and is up 54% overall. 2. It's a hedge against a weak U.S. dollar The U.S. dollar has been losing value, with the U.S. Dollar Index (DXY) down about 9% on the year. Import tariffs, the possibility of a trade war, and worries of a recession have all taken their toll. When the dollar declines or there's a period of high inflation, investors often look for alternative assets to use as stores of value. Gold has long been a popular choice, and in recent years, Bitcoin has been called digital gold. There's a limited number of Bitcoin available -- the maximum supply is capped at 21 million coins. This gives it a built-in scarcity that traditional currencies don't have. It's hard to predict currency fluctuations or when the U.S. dollar will bounce back, although a U.S.-China trade deal would probably help. This may not be a long-term tailwind for Bitcoin, but it is a benefit at the moment. 3. It's increasingly popular with institutional investors While institutional investors used to be wary of investing in Bitcoin, that's no longer the case. The SEC approved the first Bitcoin spot price exchange-traded funds (ETFs) in January 2024, opening the door for more institutional adoption. Those U.S. Bitcoin ETFs had inflows of $5.2 billion in May and have over $125 billion in combined assets under management (AUM) at the time of this writing. Like government support, institutional investors help legitimize Bitcoin, and the amount of money they invest can also drive up the price. Bitcoin's value has already jumped by 130% since the approval of Bitcoin ETFs, and cryptocurrency will likely become more and more mainstream going forward. A January survey by EY Parthenon and Coinbase found that 83% of institutional investors were planning to increase their digital asset allocation in 2025. Will Bitcoin continue to surge? All the factors that have contributed to Bitcoin's latest bull run are still in place. The political climate is and should remain positive toward cryptocurrency. Banks, hedge funds, and other institutions are investing in Bitcoin. The U.S. dollar hasn't recovered yet, although that could change at any time. This doesn't mean Bitcoin is a surefire investment. Far from it -- Bitcoin is risky, and you could make a compelling argument against it. Bitcoin has limited utility, transactions are slow and relatively expensive, and it doesn't produce anything of value like a business does. People invest in the hopes that the price will go up. But as it's demonstrated over the years, Bitcoin can deliver incredible returns, and it's the most successful cryptocurrency by a wide margin. Stocks are still a safer choice, but Bitcoin is a good alternative investment for anyone who wants digital assets in their portfolio. Should you invest $1,000 in Bitcoin right now? Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor 's total average return is994% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025
Winnipeg Free Press
40 minutes ago
- Winnipeg Free Press
5 mayors are suspended from duty as authorities expand the crackdown on Turkey's opposition
ISTANBUL (AP) — Turkish authorities suspended five elected mayors from duty Thursday as part of an ongoing crackdown on the country's opposition. Separately, prosecutors launched an investigation into the leader of the opposition Republican People's Party, or CHP, over comments made in a speech Wednesday evening. Ozgur Ozel had criticized Istanbul's chief prosecutor following the jailing of the mayors the previous day as part of a corruption investigation. Officials from municipalities controlled by the CHP have faced waves of arrests this year, including Istanbul Mayor Ekrem Imamoglu, who was detained in March over allegations of corruption. Many consider the cases to be politically motivated although President Recep Tayyip Erdogan's government insists the courts are impartial and free of political involvement. Imamoglu is widely viewed as the main challenger to Erdogan's two-decade rule and is the CHP's candidate for a presidential election due in 2028, but which could be held earlier. Istanbul and a clutch of major cities fell to the CHP in 2019, with the opposition extending its control in last year's municipal elections. The five suspended mayors represent the Istanbul districts of Avcilar, Buyukcekmece and Gaziosmanpasa, as well as Seyhan and Ceyhan in the Mediterranean province of Adana. Their suspensions were announced by the Interior Ministry after they were detained over claims of bribery and extortion. A total of 11 mayors, including Imamoglu, have now been removed from office as part of investigations into CHP municipalities. Dozens of other officials have been imprisoned awaiting trial. Imamoglu's jailing led to the largest protests in Turkey for more than a decade, with demonstrators complaining of judicial abuses and wider democratic backsliding under Erdogan. Speaking in Gaziosmanpasa on Wednesday evening, Ozel criticized Istanbul Chief Prosecutor Akin Gurlek, who has been the focus of opposition claims of political interference. This led to Gurlek's office launching an investigation into charges of 'threatening a judicial officer' and 'insulting a public official.'
