Trump says it is 'disgusting' what Russia doing to Ukraine
Trump, speaking to reporters in the Oval Office, said he was not sure whether sanctions would deter Russia. He has given Russian President Vladimir Putin until August 8 to make a deal or else he will respond with economic pressure.
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The Independent
a few seconds ago
- The Independent
Trump to sign order punishing banks that discriminate against conservatives: report
President Donald Trump is set to crack down on Wall Street banks accused of dropping customers over their conservative beliefs and shutting out cryptocurrency companies, a new report states. Trump, the self-professed first ' crypto-president,' is expected to sign an executive order as soon as this week that threatens financial penalties in response to so-called politically motivated 'debanking,' sources told the Wall Street Journal. A draft of the order viewed by the Journal directs bank regulators to investigate whether financial institutions have violated the Equal Credit Opportunity Act, a federal law that bars discrimination in access to credit. Investigators are reportedly also directed to look into whether antitrust or consumer financial protection laws have been breached. In some cases, the newspaper said, violations are to be reported by regulators to the attorney general, according to the order. The draft is said to urge regulators to strike any policies that might have contributed to banks dropping certain customers. The Small Business Administration is directed to review bank practices that guarantee the agency's loans. The directive also criticizes the role that some banks played in an investigation into the riots at the U.S. Capitol in Washington, D.C., on January 6, 2021, according to the newspaper. The draft reportedly states that violating lenders could be slapped with fines and consent decrees, among other disciplinary measures. While the order doesn't explicitly name any offenders, the Journal said it appears to refer to an instance where a Christian organization operating in Uganda had its accounts shut down by the Bank of America, citing religious beliefs. The bank contested that it does not serve small businesses operating outside the U.S. Conservatives have long accused banks of denying them services on the grounds of their political or religious beliefs. In January, Trump said the CEOs Bank of America and JPMorgan Chase – Brian Moynihan and Jamie Dimon respectively – did not provide banking services to conservatives. While speaking to Fox Business last week, Senate Banking Committee Chairman Tim Scott pointed fingers at regulators for shutting down bank accounts of Americans they 'just don't like.' Regulators operate under an 'alphabet soup' of federal agencies, sources told the news station, while Scott called the situation in D.C. a 'financial swamp.' Meanwhile, crypto firms have repeatedly complained they were denied access to banking services while former President Joe Biden was in office. Financial institutions have cited legal, regulatory and financial risks and blamed pressure from regulators for their previous decisions to largely avoid the cryptocurrency industry. A Bank of America spokesperson on Monday welcomed efforts to provide regulatory clarity. They told the Journal that the bank is committed to working with the Trump administration and supporting Congress to 'improve the regulatory framework.' In late April, the Justice Department said it was launching a task force in Virginia to 'combat illegal debanking.' The task force was set to review allegations of banks refusing customers access to credit or other services based on 'impermissible factors.'
Daily Mirror
a minute ago
- Daily Mirror
Russians suffer '1,000 casualties' as Ukraine troops attack behind enemy lines
Kyiv's elite commandos took almost 1,000 Kremlin troops out of the battle for north east Ukraine - as Russia launches arms race by threatening to deploy intermediate range missiles Ukrainian special forces have claimed almost 1,000 Russian casualties in a single stunning 'behind enemy lines' attack on the frontline. Special operations troops from Kyiv's elite 'Timur Special Unit' assaulted a large formation of Russian infantry from behind in the Sumy area, north east Ukraine. Intelligence estimates claim at least 334 advancing Kremlin forces were killed and more than 550 wounded in the daring ground and air-strike. The assault was launched as it was feared Moscow war-planners are gearing up for major air-strikes and ground - assaults against Ukraine within days. It struck terror into the Russian positions forcing surviving Kremlin troops to refuse to advance for an attack and cutting off food and ammunition supplies. On Tuesday it emerged that as Ukraine's elite troops advanced for the Sumy operation another unit launched a devastating wave of drones and artillery attacks on the Russians, forcing them to take cover. The success of the Sumy operation happened as Russia declared that it will no longer be limited to excluding the firing of nuclear-capable intermediate range missiles from its arsenal. And it It comes days after Russian leader Vladimir Putin warned of nuclear war following another night of hell unleashed on Ukraine. The Russian Foreign Ministry linked the decision to efforts by the U.S. and its allies to develop intermediate range weapons for their deployment in Europe. It cited U.S. plans to deploy Typhoon and Dark Eagle missiles in Germany starting next year. The ministry noted that such actions by the U.S. and its allies create "destabilizing missile potentials" near Russia, creating a "direct threat to the security of our country." President Vladimir Putin will deploy Russia's new Oreshnik missiles to its neighbor and ally Belarus later this year. Asked where and when Russia could potentially deploy intermediate-range weapons, Kremlin spokesman Dmitry Peskov said: "Russia no longer has any limitations, Russia no longer considers itself to be constrained by anything.' Ukraine has hit back against brutal Moscow strikes with devastating drone attacks inside Russia, setting ablaze an oil refinery complex and hitting airfields, destroying Russian warplanes . In recent weeks devastating combined missile and drone attacks overnight have hit Ukrainian cities, including the capital of Kyiv. But sources have revealed Moscow may be planning a major air-strike onslaught on Ukraine later this week in defiance towards pressure from the US to begin peace talks. The Ukrainian Ministry of Defence said on Tuesday morning: 'Fighters of the 'Timur Special Unit' of the Ministry of Defence of Ukraine did not allow Russian forces to advance in the Sumy direction. 'During the special operation, the intelligence officers managed to enter the enemy's rear, clear out enemy positions, and secure them.' Ukrainian counter-intelligence officers have also launched a massive swoop on Russian spies and saboteurs within the country. Ukraine's Security Service arrested six suspects in Kyiv, Dnipropetrovisk, Vinnytsia and Zakarpattia regions who had planned arson attacks on behalf of Russian intelligence. Another man was seized after he colluded with the Russian FSB agency to spy on Kyiv's air defence systems. He had installed a camera in an apartment so that he could feed footage back to Moscow of the workings of an air defence system. So far Ukraine claims 1058260 Russian casualties have been put out of the war in terms of killed and injured since the Russian invasion on February 24 , 2022. Its intelligence agency estimates believe Kyiv's troops have destroyed 11071 tanks, 23,000 armoured vehicles, 421 warplanes, 340 helicopters and 28 warships.
BBC News
a minute ago
- BBC News
Netanyahu to propose full reoccupation of Gaza, Israeli media report
Israeli Prime Minister Benjamin Netanyahu is to propose fully reoccupying the Gaza Strip when he meets his security cabinet, Israeli media say."The die has been cast. We're going for the full conquest of the Gaza Strip – and defeating Hamas," local journalists quote a senior official to reports that the army chief and other military leaders oppose the plan, the unnamed official said: "If that doesn't work for the chief of staff, he should resign."The families of hostages fear such plans could endanger their loved ones, with 20 out of 50 believed to be alive in Gaza, while polls suggest three in four Israelis instead favour a ceasefire deal to return them. Many of Israel's close allies would also condemn such a move as they push for an end to the war and action to alleviate a humanitarian Israel, hundreds of retired Israeli security officials, including former heads of intelligence agencies, issued a joint letter to US President Donald Trump on Monday, calling for him to pressure Netanyahu to end the of the signatories, ex-domestic intelligence agency chief Ami Ayalon, told the BBC that further military action would be futile."From the military point of view, [Hamas] is totally destroyed. On the other hand, as an ideology it is getting more and more power among the Palestinian people, within the Arab street around us, and also in the world of Islam."So the only way to defeat Hamas's ideology is to present a better future."The latest developments come after indirect talks with Hamas on a ceasefire and hostage deal broke down and Palestinian armed groups released three videos of two Israeli hostages looking weak and footage of Rom Blaslavski and Evyatar David, both kidnapped from the Nova festival on 7 October 2023, has shocked and appalled Israelis. David is shown digging what he says is his own grave in an underground tunnel. There has been some speculation that the latest media announcements are a pressure tactic to try to force Hamas into a new military says it already has operational control of 75% of Gaza. But under the proposed plan it would occupy the entire territory – moving into areas where more than two million Palestinians are now is unclear what that would mean for civilians and for the operations of the UN and other aid groups. About 90% of Gaza's 2.1m people have been displaced, some repeatedly, and are living in overcrowded and dire conditions. Humanitarian groups and UN officials say many are starving, accusing Israel of impeding the distribution of crucial aid. The Israeli military has previously held back from some areas, including parts of central Gaza, because of an assumption that there are living hostages held there. Last year, six Israeli hostages were executed by their captors after ground forces moved has not been a formal response but officials from the Palestinian Authority, which governs parts of the occupied West Bank, denounced the Israeli proposal, calling on the international community to intervene to prevent any new military point out that far-right Israeli ministers have been openly advocating for the full occupation and annexation of Gaza and ultimately want to build new Jewish settlements 2005, Israel dismantled settlements in the Gaza Strip and withdrew its forces from there. But alongside Egypt, it maintained a tight control of access to the territory. The new occupation idea comes amid growing international moves to revive the two-state solution – the long-time international formula to resolve the decades-old Israel-Palestinian conflict. It envisages an independent Palestinian state being created alongside Israel in the West Bank and Gaza Strip with East Jerusalem as its capital. Last week, the UK and Canada joined France in announcing conditional plans for recognising a Palestinian state. The Israeli PM is now expected to meet with key ministers and military leaders to decide next steps in Gaza. Israeli army radio says they are due to discuss initial army plans to surround the central refugee camps and carry out air strikes and ground said he would convene a full security cabinet meeting this media commentators have voiced scepticism and drawn attention to the practical military, political and diplomatic challenges. Writing in the Yedioth Ahronoth newspaper, Nahum Barnea says: "Netanyahu has never taken a gamble on this scale before."He notes that the Israeli PM has repeated his vow to achieve all of his war goals. "But after 22 months of bloody fighting, it is hard to take those kinds of promises seriously. It seems that Netanyahu has just one objective in the war in Gaza, to prolong the war."Israel launched its military offensive in Gaza in response to Hamas's attack on southern Israel on 7 October 2023, in which about 1,200 people were killed and 251 others taken to Gaza as hostages. At least 61,020 Palestinians have been killed by Israeli forces in Gaza since then, the Hamas-run health ministry says.
