BOE's Taylor Warns of ‘Perilous' Trade Threat After Urging Big Rate Cut
Bank of England policymaker Alan Taylor said interest rates are still a 'long way' from moving out of restrictive levels, warning of the 'perilous' threat from Donald Trump's trade war.
Taylor said Monday he is 'a bit activist' and that he is 'putting quite a lot of weight' on recent news after backing a bumper half-point rate cut last week.
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Hamilton Spectator
24 minutes ago
- Hamilton Spectator
Trump's travel ban fuels despair and disgust with politics among Arab Americans in Michigan
DEARBORN, Mich. (AP) — The ban on travel from certain countries that took effect Monday — reminiscent of President Donald Trump's first-term restrictions that became known to many as the ' Muslim ban ' — is once again souring relationships among Arab American voters in the key battleground state of Michigan, a group that Trump sought to make inroads with during the 2024 election. It came as a particular shock to many Yemeni Americans in the Dearborn area, who were surprised to find their country on Trump's new list banning travel to the U.S. by citizens of 12 different countries, mostly in Africa and the Middle East. 'This is the reward to the community that defied everybody else?' asked Wali Altahif, a local activist who advocates for Yemeni and other immigrant communities. 'That said, 'No, we're going to support you, we going to vote for you'?' The new proclamation, which Trump signed last week , applies to citizens of Afghanistan, Myanmar, Chad, the Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. While it may not elicit the same protests as 2017, many Yemeni and Arab Americans in the all important battleground state see it as yet another offense contributing to enormous dissatisfaction with both major political parties in the U.S. The aim of the new ban, the Trump administration said, is to 'protect its citizens from aliens who intend to commit terrorist attacks, threaten our national security, espouse hateful ideology, or otherwise exploit the immigration laws for malevolent purposes.' Altahif described it as 'selective discrimination' and 'collective punishment.' Michigan is home to one of the largest Arab American populations in the U.S., largely concentrated in the Detroit metropolitan area. The state was an epicenter of anger at President Joe Biden and Vice President Kamala Harris for the administration's support of Israel's offensive in Gaza, which has resulted in a worsening humanitarian crisis and sparked a historic shift away from the Democratic Party. With Trump's history of policy and rhetoric, including the restriction on travel from seven predominantly Muslim countries during his first term, the new restrictions and anger over the toll on Gaza from the Israel-Hamas war have left many Arab American voters feeling that both major political parties have failed to deliver for them. A dramatic change in Dearborn In the November election, Trump became the first Republican presidential candidate to win Dearborn, America's largest Arab-majority city, since 2000. Harris lost 15,000 of Democratic votes compared to Biden's 2020 win after Trump visited the area days before the election, campaigned in a local cafe and said he'd bring peace to the Middle East. The shift was muted but real. Trump picked up 3,000 votes in the city and third-party candidate votes swelled to 20% of the overall vote. Many did not vote for a candidate at all. Trump won Michigan — and the presidency — for the second time in three attempts. In Dearborn, nearly half of its 110,000 residents are of Arab descent and the largest Arab nationalities represented are from Lebanon, Yemen and Iraq . Many Yemeni Americans in the metro Detroit area voted for Trump in the 2024 election after his vows for peace , which came at a time of widespread conflict and instability in the Middle East, Altahif said. In Yemen, a near decade-long civil war has pushed its population to the brink of famine . In Trump's first months in office, the U.S. bombed Iranian-backed Houthis in Yemen in a two-month long campaign that ended with a ceasefire agreement in May . 'Every single family of Yemeni descendant is affected by the war in Yemen,' Altahif said. 'And we were hopeful based on Trump's promise that he was going to end the war.' Rasheed Alnozili, publisher of the Dearborn-based online and print news services the Yemeni American News, said the travel ban will only stigmatize Yemeni and Arab communities in America and fuel Islamophobia, not counter terrorism. 'They are part of the society, they are raising their kids,' he said of Yemeni communities. There are exceptions to the ban. They include green-card holders and people with U.S. family members who apply for visas in connection to their spouses, children or parents. Altahif expects the ban to make it much harder for families separated by the distance to reunite. He said it took his wife from Yemen five years to get a visa approved before coming to live in the U.S. in 2024. Widespread unease Many in the community are reluctant to talk openly about the new travel restrictions for fear of retaliation, even if they are U.S. citizens or green-card holders. Others are reluctant to leave the country for fear of being held up by border agents when returning home, something Arab and Muslim Americans already report dealing with at airports. Amir Makled, a Dearborn-based civil rights attorney, said the restrictions have been 'similarly chilling' for Muslim travelers compared to the 2017 policy. He's received several calls from people worried about being detained when traveling back to the U.S., even if they are citizens or lawful residents. One person of Yemeni descent ultimately canceled travel for the Hajj pilgrimage to Mecca, a pillar of Islamic faith, Makled said. 'People overall are opting not to travel, even when they have a legal right to do so,' he said. Both major political parties will have to appeal to the Arab and Muslim communities in the Detroit area in key upcoming races in 2026. With open races for the governor's office and a U.S. Senate seat, a few thousand votes could tip the balance of power in Lansing and in Congress. 'Where these voters land is going to, I think, make a difference in terms of who ends up in those seats,' said Peter Trumbore, chair of the department of political science at Oakland University. The war in Gaza drove Yemeni Americans away from the Democratic Party, Altahif said, and Trump has not made good on his promise to quickly bring an end to the Israel-Hamas war which has resulted in the deaths of more than 55,000 Palestinians . Altahif noted state Democrats who have vocally opposed the travel ban, but said he has not seen Republicans do the same. Osama Siblani, publisher of the Dearborn-based Arab American News, said candidates from both parties who are running for governor and the U.S. Senate have met with him in recent months as the 2026 midterm races start. He also met with Detroit Mayor Mike Duggan, a longtime Democrat who is running as an independent for the governor's office . Siblani called the travel ban a 'racist' executive action that does nothing to help people in war-torn Yemen and Sudan, nations where many metro Detroit residents have relatives. But their disappointment in both Democrats and Republicans may leave them looking for a third option. 'I can see that there is an appetite in our community or a need in our communities to vote for an independent,' Siblani said. ___ Associated Press video journalist Mike Housholder contributed to this report. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Washington Post
25 minutes ago
- Washington Post
What to know about 'No Kings' protests against Trump's policies on Saturday
Opponents of President Donald Trump's administration are set to rally in hundreds of cities on Saturday during the military parade in Washington for the Army's 250th anniversary — which coincides with Trump's birthday . The 'No Kings' protests are set to take place to counter what organizers say are Trump's plans to feed his ego on what is also his 79th birthday and Flag Day.
New York Times
27 minutes ago
- New York Times
Newcastle's summer transfer strategy: Are fans right to worry about the lack of activity?
After three successive transfer windows without strengthening their first XI, Newcastle United will be active in the market this summer, but nothing has happened yet. High-profile targets already appear to be heading elsewhere, prompting the usual array of fury, froth and frustration on social media. Advertisement When the 2025 close-season's Club World Cup-enforced first mini-window shut on Tuesday, Newcastle had done little more than announce their retained list, with no senior arrivals. The window reopens on Tuesday, June 16, and runs until the night of September 1. With Paul Mitchell, the sporting director, standing down effective June 30, and Darren Eales, the chief executive, already serving his notice, are Newcastle in a state of limbo? Or are they merely biding their time? Our Newcastle writers Chris Waugh and George Caulkin examine the pressing issues at the club. Caulkin: This is multi-layered. Most obviously, head coach Eddie Howe needs some help. Last season's achievements by him and his players represent a miracle, given the discomfort of a year ago, when the squad was weakened. Howe's first XI needs refreshing — greater competition. For too long, motivation has come from within. Those players now need pushing via an injection of quality. Returning to the Champions League next season also gives them another front to fight on. Two years ago, when they last played in that competition, a skinny squad was stretched to translucency by injury. Newcastle require more depth. GO DEEPER Newcastle are back in the Champions League. It changes everything After the PSR (the Premier League's profit and sustainability rules) debacle of last summer, Newcastle are in a far stronger position, particularly after recouping fees for Miguel Almiron and Lloyd Kelly in January. So they have money available, but there are caveats. They are not the biggest wage-payers and will not be taken advantage of when it comes to the so-called 'Saudi tax' — a reference to the deep pockets of their majority owners, Saudi Arabia's Public Investment Fund (PIF). Waugh: Fundamentally, Newcastle want to significantly bolster Howe's squad while maintaining financial prudence. The owners are determined to avoid going multiple windows without investing again; they want to leave PSR headroom to recruit again in next year's winter window and beyond. Advertisement Newcastle are adamant they will not overpay for players, though, believing present asking prices are inflated. However, sizeable expenditure is anticipated; the boardroom-level desire to support Howe within sustainable limitations is absolute. There is a recognition that the squad's average age, especially at centre-half and goalkeeper, requires lowering. The majority of players being targeted are between 21 and 24; they have been recognised for their elite potential, given Newcastle cannot afford to bring in multiple established stars. Those under consideration are players who can improve the first XI and, so, the squad. Quality will take precedence over quantity. A complicating factor is UEFA's homegrown quota. Only Sean Longstaff qualifies as a 'club-trained' senior player and, while Newcastle believe they should have the depth to manage regardless, this detail has been a consideration. With John Ruddy, the reserve goalkeeper, in negotiations over an extension, now free-agents Fraser Forster and Tim Krul are unlikely to be recruited, even if their names were mentioned internally, given their homegrown credentials. Waugh: The priorities are obvious. A right-sided centre-back and right-winger (or at least another attacking player of some sort) are wanted, alongside a goalkeeper. A versatile forward is desired, and a midfielder may arrive. Brentford's Bryan Mbeumo was their top right-winger target, but his preference to join Manchester United has led to a re-evaluation. Previous offers were made for Nottingham Forest's Anthony Elanga, Antoine Semenyo of Bournemouth is admired at Newcastle and Brighton & Hove Albion's Joao Pedro is a long-term target. The club must determine whether they have the capacity to sign an adaptable attacker, a right-winger, or both. Advertisement At centre-half, Crystal Palace's Marc Guehi is still highly regarded and James Trafford of Burnley is the priority goalkeeper target. Further details can be found in the latest DealSheet. Caulkin: That idea of priority is fluid. There have been initial negotiations with Burnley over Trafford, the optics of which are not ideal, given his arrival would leave Newcastle with six goalkeepers if nobody departs before then. Yet it isn't a case of saying it should be a right-winger who comes in first. Newcastle are responding to where the market takes them and acting accordingly. Two summers ago, they already had established full-backs, but went out and signed Tino Livramento and Lewis Hall, who are both fundamental to their team now. It is not all about immediacy. Clubs who are not in need of money can hold firm. Priorities change according to circumstances. Caulkin: On the face of it, sub-optimally. 'Speed is key for us and I've reiterated that many times internally, because we have to be dynamic,' Howe said last month. 'We have to be ready to complete things very quickly because good players don't hang around for long.' Since then, Mbeumo has seemingly become unobtainable. Ipswich striker Liam Delap opted for Chelsea. Defender Dean Huijsen left Bournemouth for Real Madrid. With Manchester City already spending big and Liverpool pushing to sign Florian Wirtz and Milos Kerkez to go with early signing Jeremie Frimpong, it doesn't feel like Newcastle are moving with the dynamism Howe referenced. Yet good players are going to attract rival suitors, and when it comes to salaries, Newcastle cannot compete with a flailing Manchester United, let alone City, Liverpool or Chelsea. Other targets may simply not be available yet. One long-established mantra at Newcastle under PIF's ownership is 'process-driven' decision-making. The problem is that getting transfers over the line often requires being fleet of foot; how and whether this can work, given the flux at director level within the club, is not yet clear. Advertisement Waugh: It is only June 12. As dismissive as that sounds, it is important. Most players are either on holiday, have just finished international duty or are off to take part in the Club World Cup, while club executives are also on their breaks. The majority of the deals concluded so far have involved release clauses (Huijsen, Delap and Matheus Cunha's move from Wolves to Manchester United) or have been driven by sides wanting players signed in time for the Club World Cup. Liverpool are perhaps an exception. Putting last year's PSR-dominated window aside, Newcastle's first senior signing of the corresponding 2022-23 one was Nick Pope on June 23 (excluding Matt Targett's loan becoming permanent) and the following summer, it was Sandro Tonali on July 3. Mitchell's exit is inopportune and Howe would ideally have liked a signing by now, but it is premature to be dismayed. Waugh: Sort of, in the sense some fans are (to an extent, understandably) growing concerned about the lack of incoming. Internally, the mood is not as extreme. There has been frustration, but speed costs money and Newcastle are confident fees will become more realistic as the summer progresses. There is a recognition that it is worth waiting for the targets they want, rather than rushing to acquire someone who is not the ideal fit. Most targets whose names are in the public domain are at English clubs, leading some fans to suggest Newcastle are prioritising Premier League experience over cost. Yet the message from some insiders is that the market in continental Europe is also distorted and will not necessarily prove much cheaper. Newcastle insist they are ready to act — and, crucially, can do so even before June 30. Those at the top are confident the club will end the summer in a far stronger position than they started it. Advertisement Caulkin: Managers always want more. They always want business done early. Howe talks about being motivated by a fear of failure, so he will be fretting. The first team continue to drive everything at Newcastle; if they are considered an elite outfit, it's because of what the head coach has done, not because of their infrastructure or commercial income. So far, the help he needs has not materialised. The situations with Eales and Mitchell — two roles which should shape Newcastle's future – do not encourage stability. The Athletic has spoken to other senior figures who have talked about their uncertainty in terms of the bigger picture. Ultimately, that uncertainty will not dissipate until new appointments are in place and their vision established. The message is that Eales' successor is close to being determined — David Hopkinson, a former executive at Real Madrid, is a leading candidate — and the search for Mitchell's replacement is underway. In the short term, Newcastle have to demonstrate that the status quo remains operational and then that a new leadership model can get things done while building relationships. That first signing, whenever it comes, will calm nerves. Caulkin: The club maintain it is 'business as usual'. Mitchell will continue to direct Newcastle's transfer policy — with Howe retaining the final say — until June 30, when Eales is expected to pick up the slack. A year in charge without making a game-changing signing would not be the glossiest entry on Mitchell's CV, but this is not driving his agenda. Newcastle's plan for this entire window is his plan, at least in part. Last summer demonstrated that having a new sporting director in place guarantees nothing. Will whoever comes in next have the same ideas about strategy and recruitment? Advertisement Waugh: Steve Nickson, head of recruitment, and Andy Howe, assistant head of recruitment, took on prominent roles in the post-Dan Ashworth interim and will be empowered again. The latter has been an influential voice since the takeover, following Eddie, his uncle, to the club from fellow Premier League side Bournemouth. Targets have been selected by the head coach. He would ideally like one or two additions before pre-season begins on July 7, and definitely before the squad leave for a training camp in Austria — by which time the true direction of their window will have become clearer.
