Latest news with #TheBottomLine
Daily Record
4 days ago
- Politics
- Daily Record
Fox News slams Keir Starmer's leadership in UK as they issue urgent 'Big Brother is watching' alert
A Fox News correspondent compared the UK to George Orwell's novel 1984 as they said "Big Brother is Watching" Fox News has aired an urgent alert in a mortifying dig at Keir Starmer's leadership. The American news channel caused some controversy when they declared "Big Brother is Watching" on Sunday night's Fox Business show, The Bottom Line. This is a reference to George Orwell's dystopian novel 1984, where the Ministry of Truth is a government agency responsible for propaganda, historical revisionism, and manipulating information to align with the Party's narrative. The Fox News anchor declared: "1984 called and it wants its Ministry of Truth back. "The UK has created an elite police unit known as The National Intelligence Investigations Team dedicated to monitoring anti-migrant social media posts. Leaders claim its purpose is to detect early signs of potential unrest." The channel then showed images of ongoing protests in Epping as tensions rise over migrants being housed in hotels within the area, the Express reports. The report comes amid increased worries surrounding free speech and growing disorder in the UK. An elite team of police officers are set to watch over social media for anti-migrant sentiment amid fears of summer riots. Detectives will be taken from forces across the country to team up in a new investigation that will identify early signs of potential civil unrest. During Donald Trump's visit to the UK last week, Keir Starmer assured the press that we have had "free speech here for a very long time and we're very proud of that". The Fox News correspondents were joined by Public News Founder Michael Shellenberger. Host Guy Benson said: "Michael, it's true that the UK and the West has a fairly robust tradition when it comes to free speech but i'm not so sure that's true anymore. "There is story after story about people being thrown behind bars in the UK - even for tweets they have deleted with longer prison sentences than people who have committed actual physical violent crimes." Michael replied: "It's an incredible story. There is a woman that has been in prison for 31 months which is four months longer than a child rapist. All she did was have a tweet up for four hours that she ended up taking down. "This is a sweeping crackdown on free speech in Great Britain. We have not seen anything like this for hundreds of years. Keep in mind they were arresting 30 people a day for wrong speech in Britain before this. "Now, they have a special police task force to constantly monitor social media including X formerly Twitter and they can stop content based on age verification." He added: "They are not going to allow people to criticise mass immigration. They're going to call it Islamphobia. A hate crime and prevent it. George Orwell perfectly predicted this in 1984 when he wrote his book in the mid 40s." Michael went on to explain that as the UK continues to increase social media surveillance it is effectively taking place worldwide including within the EU and the US. He explained: "It's happening everywhere and has accelerated since Trump was elected. So it's the EU, it's Britain, it's Ireland - they want to read your private text messages. Canada, Brazil - the strategy here is to make it so the social media companies will censor this content for everybody." Michael also alleged the heavy censorship that has been politicised due to the growing support of right-wing parties. Further protests have erupted across the UK as migrants are relocated to more affluent London areas. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. A spate of demonstrations has occurred close to the Britannia Hotel in Canary Wharf amid proposals for it to accommodate migrants. Men, thought to be asylum seekers, were captured on film entering the hotel from a bus in the early hours of Saturday, clutching what appeared to be brown envelopes and dressed in similar attire. A representative for Tower Hamlets Council has earlier verified that the Britannia Hotel is set to "provide temporary accommodation for asylum seekers".
CNBC
4 days ago
- Business
- CNBC
Recession risk higher as uncertainty threatens U.S. economy: Economist Carmen Reinhart
Harvard professor Carmen Reinhart, former chief economist at The World Bank, discusses the health of and threats to the U.S. economy, President Trump's tariff policy, the fall of globalization, the Federal Reserve's monetary policy, U.S. immigration policy and why people should care about national debt in this latest episode of CNBC's "The Bottom Line" with Lindsey Jacobson.
CNBC
4 days ago
- Business
- CNBC
Why changing monetary and immigration policies may be edging U.S. closer to a recession: Carmen Reinhart
"Recession risks are higher than average," Carmen Reinhart, Harvard professor and former chief economist at The World Bank, said in a recent episode of CNBC's "The Bottom Line." Reinhart pointed out that the U.S. is now in an era of more volatile markets, financial instability and higher interest rates, brought on primarily, she said, by unpredictable market frameworks. "We have policy uncertainty from all angles, whether it's tariffs, ... there's concerns about President Trump's attacks on the Federal Reserve," said Reinhart. "Then there's a lot of geopolitical uncertainty as well." Reinhart warned that with President Trump's immigration policies and attempts to bring manufacturing back to the States, among other trends, the current U.S. shift away from globalization may further slow population growth in the country, and in turn economic growth, potentially leading to a recession. "We shouldn't be overly confident that a lot of the manufacturing that left will ever return," Reinhart said. "More globalization, more global cooperation is certainly preferred for everyone than variations of a Cold War and a fragmented system." All Americans will be affected by these changes, noted Reinhart. To protect their bottom lines in the meantime, she advised investors and workers alike to emphasize hedging across operations and embrace medium-term to longer-term investment plans. Watch the video to find out more about the fiscal and geopolitical policies currently putting the U.S. economy at risk, why people should care about the rising national debt, and what might be next for the country's financial future.
CNBC
15-07-2025
- Business
- CNBC
What Pres. Trump's new tax law means for your wallet
President Trump signed a new federal budget into law on July 4th, making changes to how education will be funded, university endowment tax rules, state and local tax deduction limits, charitable giving taxation rules and more. Some argue the new spending measure will add $3 trillion to the federal budget over the next 9 years. CNBC explores the details in this latest episode of The Bottom Line.
CNBC
24-06-2025
- Business
- CNBC
‘Get whatever work you possibly can,' says Danielle DiMartino Booth, highlighting the need for workers to be adaptable in the fickle economy
Danielle DiMartino Booth, a former advisor to the Federal Reserve, recently explained how working to correct the trade deficit and maximizing the output of American companies is now a much taller order amid the current tariffs. In a recent episode of "The Bottom Line," Booth, CEO and Chief Strategist of Quill Intelligence, described how corporations in America no longer have a large financial cushion to weather economic instability. "This is a time for the CEO to be working 20 hours a day and the CFO to be working 18 hours a day," said Booth. "The more efficiently companies are being run today, the greater the prognosis for their survival." Booth also discussed the need to prepare current and future workers for the ever-changing job market in the face of artificial intelligence developments and increasing living costs. For present workers, now more than ever there is a need for community and network, to "get whatever work you possibly can and lean on your relatives" in order for people to "save to the extent that they can and economize where they can," said Booth. And for the next generation of employees, their greatest tool lies in their creativity, according to Booth, in "things that a computer cannot replace" because "we're seeing a wider acceptance and a renaissance of trade." As America adapts to a fickle economic and political landscape, the financial expert warned that the value of the U.S. dollar may ultimately be put at risk. "I hope for my children and my grandchildren's sake one day that cooler heads prevail and that we figure out how to put our fiscal house in order," said Booth, "because it's never ended well for countries that assumed that they would have reserve currency status indefinitely." Watch the video to hear more from Danielle DiMartino Booth about the potential recession the U.S. is facing, what this could mean for corporations across the nation, and what general consumers and citizens alike can do to navigate this current economic and political climate.
