Trump admin to reinstall Confederate statue toppled by protesters

The US National Park Service (NPS) announced Monday that it will reinstall a statue in Washington of a Confederate general that was torn down amid the racial justice protests of 2020.Reinstalling the statue of Albert Pike supports two executive orders issued by President Donald Trump early in his second term, the NPS said in a statement: one “on Making the District of Columbia Safe and Beautiful” and another on “Restoring Truth and Sanity to American History.”The statue, which honors Pike’s contributions to freemasonry, was the only memorial to a Confederate general in the US capital before it was toppled.Statues honoring the Confederacy — which seceded from the United States to preserve slavery, prompting the 1861-1865 Civil War — were a prime target of vandalism during the mid-2020 racial justice movement.Protests broke out nationwide in June 2020 following the death of George Floyd, a 46-year-old Black man who was murdered by a white police officer in Minneapolis.Trump, who was president at the time, called the toppling of the Pike statue a “disgrace.””The D.C. police are not doing their job as they watch a statue be ripped down & burn. These people should be immediately arrested,” Trump wrote on Twitter.The NPS said the Pike statue has “been in secure storage since its removal and is currently undergoing restoration.”It aims to reinstall the statue by October 2025.After losing re-election later in 2020, Trump went on to run again in 2024, winning on pledges to harshly crackdown on illegal immigration and to reverse many of the social justice policies enacted in the wake Floyd’s death.

NGOs caught between juntas and jihadists in turbulent SahelMon, 04 Aug 2025 22:01:59 GMT

NGOs in the violence-wracked Sahel region are dangerously caught between military juntas who accuse them of being spies, and jihadists who view them as symbols of Western influence.In the world terror epicentre, nearly 30 million people rely on humanitarian aid provided by non-governmental organisations and international bodies.”The need is mostly concentrated in the central Sahel” …

NGOs caught between juntas and jihadists in turbulent SahelMon, 04 Aug 2025 22:01:59 GMT Read More »

Stocks mostly rebound on US interest rate cut bets

Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the world’s top economy.The broad gains followed a Wall Street sell-off on Friday in reaction to the jobs data and news that dozens of countries would be hit with US tariffs ranging from 10 to 41 percent.Major US indices spent the entire day in positive territory, with the broad-based S&P 500 finishing up 1.5 percent.”Traders and investors have made a lot of money by deciding that tariffs won’t matter, and they’re not going to change that now,” said Steve Sosnick of Interactive Brokers.”I think the bias that most of them have now is ‘Let’s not think about tariffs as being a problem until they actually prove that they are.'”European indices mostly started the week on the front foot, with Paris and Frankfurt both ending the day up more than one percent.”Investors seem to be taking an optimistic view… betting on an increased likelihood of further monetary easing by the Fed after Friday’s employment figures,” said John Plassard, head of investment strategy at Cite Gestion Private Bank.CME’s FedWatch tool now has investors seeing a 94.1 percent chance of the Fed making a quarter-point cut in interest rates at the next meeting in September.Plassard noted, however, that “uncertainty reigns” as US President Donald Trump’s latest round of tariffs are set to take effect on Thursday.Switzerland’s stock market dropped around two percent at Monday’s open, its first session as it returned from a holiday after a tough 39-percent US tariff rate was announced.But the index later pared most of its losses on hopes the Swiss government, which announced it would make an improved offer to Washington, could negotiate a reduction in the levy, which is steeper than that imposed on the European Union and Britain.London advanced, lifted by banking stocks after the sector was granted a reprieve from the worst of feared compensation claims over controversial car loans dating back to 2007.Lloyds Banking Group jumped nine percent while Close Brothers, listed on the FTSE 250, soared more than 23 percent.Asian investors started the week mixed, with Hong Kong and Shanghai advancing while Tokyo fell.Stocks had struggled Friday as US jobs growth fell short of expectations in July, with revised data showing the weakest hiring since the Covid-19 pandemic — fueling concerns that Trump’s tariffs are starting to bite.Trump responded to the data by firing the commissioner of labor statistics, accusing her of manipulating employment data for political reasons.Markets reacted more favorably on Monday, as the hiring slowdown boosted hopes of Fed rate cuts to support the economy.Elsewhere, oil prices fell more than two percent after a sharp output increase by eight OPEC+ countries, with markets anticipating abundant supply.However, they later trimmed their losses after Trump threatened to hike tariffs on Indian goods further over its purchases of Russian oil.- Key figures at around 2050 GMT -New York – Dow: UP 1.3 percent at 44,173.64 (close)New York – S&P 500: UP 1.5 percent at 6,329.94 (close)New York – Nasdaq Composite: UP 2.0 percent at 21,053.58 (close)London – FTSE 100: UP 0.7 percent at 9,128.30 (close)Paris – CAC 40: UP 1.1 percent at 7,632.01 (close)Frankfurt – DAX: UP 1.4 percent at 23,757.69 (close)Tokyo – Nikkei 225: DOWN 1.3 percent at 40,290.70 (close)Hong Kong – Hang Seng Index: UP 0.9 percent at 24,733.45 (close)Shanghai – Composite: UP 0.9 percent at 3,583.31 (close)Dollar/yen: DOWN at 147.08 yen from 147.40 yen on FridayEuro/dollar: DOWN at $1.1573 from $1.1587Pound/dollar: UP at $1.3285 from $1.3279Euro/pound: DOWN at 87.11 pence from 87.25 penceWest Texas Intermediate: DOWN 1.6 percent at $66.29 per barrelBrent North Sea Crude: DOWN 1.3 percent at $68.76 per barrelburs-jmb/sst

Texas Democrats flee state to block redistricting vote

Dozens of Democrats in the Texas legislature faced possible arrest Monday after fleeing the US state to block a redrawing of districts in Republicans’ favor ahead of the 2026 midterm elections.The state’s Republican leaders, following a push by President Donald Trump, plan to shift congressional district borders such that five seats become likely to flip from Democratic control.The contentious but legally permitted move, known as gerrymandering, seeks to help Republicans retain control of the US House of Representatives in next year’s midterms, when the opposition party usually does more favorably.State lawmakers draw legislative maps themselves in Texas, like in many other states across the country, but usually only do so once every 10 years following the national census.Democrats are in the minority in the Texas legislature, but enough members have fled the state to deprive the body of a quorum necessary to do business.”This is not a decision we make lightly, but it is one we make with absolute moral clarity,” Gene Wu, chair of the Texas House Democratic Caucus, said in a statement.The lawmakers left the state Sunday and most headed to Democratic-controlled Illinois, whose Governor JB Pritzker told a news conference that he would “protect” them.They face at minimum a $500 fine per day of absence. But Texas Republicans raised the stakes, passing a motion to issue warrants for the missing Democrats’ arrests.The warrants apply only within the state, however, meaning the missing legislators could only be detained on their return.Governor Greg Abbott, a close Trump ally, has also threatened to push for the lawmakers to be expelled, saying their absences amount to “an abandonment or forfeiture of an elected state office.”Democratic lawmakers have dismissed Abbott’s threats as bluster, with state representative Ann Johnson on Monday telling CNN, “I think it shows how desperate they are.”Abbott, who ordered the special session on redistricting, has sought to pile on the political pressure by concurrently calling for votes on disaster relief related to the state’s catastrophic flooding last month, which killed over 130 people.Wu said the move by Abbott “has turned the victims of a historic tragedy into political hostages.””We’re not walking out on our responsibilities; we’re walking out on a rigged system,” he added.- Domino effect -Gerrymandering has been at the center of long-running political dispute in the United States, especially as computer-assisted analysis helps refine map-making.Some Democratic-led states have also drawn maps steeply favoring their party — including Illinois — but the conservative-dominated US Supreme Court has ruled for now that only state courts can decide on the legality of partisan redistricting.The Texas push to redraw its maps mid-decade has set off a scramble of other states to potentially follow suit.Democratic-led New York and California are considering moves to pencil out Republican seats — but, unlike Texas, they have previously enacted legal constraints against such practices, deeming them undemocratic.Leaders in those state have signalled they would seek to push through those measures to respond to Texas.”This is a war. We are at war,” New York Governor Kathy Hochul told a press conference, as she welcomed some Texas legislators to her state.”That’s why the gloves are off. And I say, bring it on.”All 435 US House seats are up for election in 2026, with Republicans currently narrowly controlling the chamber by single digits.

Wall Street reprend son souffle après le recul de vendredi

La Bourse de New York a clôturé en hausse lundi, rattrapant l’essentiel de ses pertes de la semaine passée grâce à un rebond technique, les investisseurs choisissant de faire abstraction des incertitudes économiques entourant les droits de douane américains.Le Dow Jones a pris 1,34%, l’indice Nasdaq a gagné 1,95% et l’indice élargi S&P 500 a avancé de 1,47%, mettant un terme à une série de quatre séances consécutives de baisse.”Il y a eu des acheteurs à bon compte vendredi et dès que les marchés ont montré des signes de vie aujourd’hui, ils sont revenus à la charge parce que personne ne veut manquer un mouvement haussier”, commente auprès de l’AFP Steve Sosnick, d’Interactive Brokers.Selon lui, seul ce rebond technique peut expliquer cette progression de Wall Street, alors qu’aucune donnée économique d’ampleur n’a été publiée lundi et que “les prévisions de réduction des taux (d’intérêt de la Fed) n’ont pas changé de façon notable depuis vendredi”.Une très large majorité des analystes s’attend à une baisse d’un quart de point de pourcentage des taux de la banque centrale américaine lors de sa prochaine réunion de politique monétaire en septembre, selon l’outil de veille de CME.En cause: un rapport sur le marché du travail aux Etats-Unis, publié vendredi, pire qu’attendu, avec notamment une révision en forte baisse des créations d’emplois, à des niveaux plus vus depuis la pandémie de Covid-19.”Compte tenu de l’ampleur des données qui ont été publiées vendredi et de la façon dont elles se répercutent sur le prix d’autres actifs financiers clés, il est assez surprenant de voir le marché boursier les ignorer complètement”, souligne Steve Sosnick.Mais “nous avons déjà vu des marchés boursiers réagir fortement à la moindre occasion d’achat”, selon l’analyste.Il relève aussi que “les traders et les investisseurs ont gagné beaucoup d’argent” en mettant de côté les craintes liées aux droits de douane.Les nouveaux droits de douane de Donald Trump qui devraient entrer en vigueur pour la plupart jeudi sont “quasiment définitifs” et ne devraient pas faire l’objet de négociations dans l’immédiat, a déclaré le représentant américain au Commerce, Jamieson Greer, dans une interview diffusée dimanche sur la chaîne CBS.Au tableau des valeurs, la marque de jeans American Eagle (+23,65% à 13,28 dollars) s’est envolée, profitant des commentaires élogieux de Donald Trump sur sa campagne publicitaire avec l’actrice Sydney Sweeney, qui crée la polémique.”Sydney Sweeney, une républicaine encartée, a la publicité la plus +BRULANTE+ du moment”, y écrit notamment Donald Trump. Selon lui, grâce à cette campagne, les jeans de la marque “se vendent comme des petits pains”.Le constructeur automobile Tesla (+2,19% à 309,26 dollars) a été recherché après avoir accordé à son patron Elon Musk 96 millions d’actions pour une valeur d’environ 29 milliards de dollars. L’énorme plan de rémunération de M. Musk fait toujours l’objet d’une bataille en justice.Le géant chinois des moteurs de recherche Baidu (+1,75% à 87,64 dollars) a profité de l’annonce du lancement de ses robotaxis sur l’application de covoiturage américaine Lyft en Allemagne et en Grande-Bretagne en 2026, sous réserve de l’approbation réglementaire.