IRAN - Tehran plans to ditch the use of the American currency in financial reporting after US President Donald Trump issued a travel ban on seven countries, including Iran. The decision comes after President Trump temporarily banned citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen from entering the US. After Trump’s election, the Iranian rial saw record lows against the dollar. On December 27 it plunged to its all-time low of 41,600 rials to the dollar. Tehran has agreements with Russia, Turkey, Azerbaijan and Iraq to use national currencies in the local trade.
USA - President Trump may be off to a rocky start with one of the United States’ closest allies: Australia. When [Australian Prime Minister Malcolm] Turnbull asked Trump if the US would take in 1,250 refugees currently being held in Australia — an agreement that the two countries made under President Obama — Trump reportedly called it “the worst deal ever” and suggested that Australia may be trying to send the US “the next Boston bomber.” The phone call was expected to last an hour. But after about 25 minutes, the Post reports, Trump suddenly ended it. “Do you believe it? The Obama Administration agreed to take thousands of illegal immigrants from Australia. Why? I will study this dumb deal!”
USA - "We're at the very beginning stages of a very brutal and bloody conflict," President Trump's chief strategist told a Christian conference in 2014. Steve Bannon, President Donald Trump's right-hand man, made what was essentially a call for a Christian holy war in a speech in a international conference only a few years ago.
USA - It's an inconceivably scary thought that the Trump administration is simply winging it, breakneck, disrupting and detonating and taking America apart - and all of it without a plan. But here's the even scarier possibility - that there is, in fact, a plan.
UNITED NATIONS - The new UN expert on lesbian, gay, bisexual, and transgender (LGBT) issues outlined a strategy for his three-year term before dozens of supportive UN bureaucrats, delegates, and activists in a meeting last week. Vitit Muntarbhorn, the newly appointed UN Independent Expert on sexual orientation and gender identity, spoke of the Sustainable Development Goals and the work of UN agencies to further the goals as a “good entry point for us.”
USA - Just in case you haven’t heard, last night, the campus of the University of California at Berkeley descended into total chaos. A scheduled appearance by firebrand conservative Milo Yiannopoulos was canceled because of the outbreak of massive riots by left-wing thugs who attacked cops, Trump supporters and smashed up and looted buildings. It looked like Ferguson last night, seriously. It was bad. So, President Trump weighed in and his response is absolutely perfect.
USA - The British pound just completed its best January for six years against the dollar after the new Trump administration slammed other nations that “exploit” underperforming currencies. Last month, the pound’s value reached a high of $1.2593 against the dollar in the sterling’s best performance since 2011, marking a great start to the new year amid fears the pound could weaken as Britain gets set to leave the EU.
GERMANY - Leading German media are demanding that the German government transform the EU into "an effective counterforce to Trump" and, thus become "the savior of the free world." Berlin must assume "a leading function" in the EU and assure that the rest of the member states "follow." Germany must take the "responsibility for leadership."
GERMANY - The first telephone call between the German chancellor and the US president was flanked by appeals for the EU to close ranks. Following Saturday's call, both parties declared that they would "deepen" their bilateral relations. However, Berlin is preparing to assert its own interests offensively vis-à-vis Russia - also with the EU's help.
USA - President Donald Trump came to power just in time to prevent billionaire George Soros and Bill and Hillary Clinton achieve a Trans Pacific free trade deal hidden from the public, Wall Street hedge fund manager and financial analyst Mitch Feierstein told Sputnik.
EUROPE - The eurozone must break up if its members are to thrive again, according to a former European Central Bank official. Jürgen Stark, who served on the ECB’s executive board during the financial crisis, said it was time to “think the unthinkable” and work towards a “reset” of Europe that pulled power away from Brussels.
USA - Donald Trump and his populist advisers in the White House are one of the main three existential threats facing the European Union – and not Brexit - the chief Brexit negotiator of the European Parliament has claimed.
USA - President Donald Trump’s firing of a politically motivated official — now-former Acting Attorney General Sally Yates, for her refusal to enforce the laws of the nation and carry out the administration’s policy — harkens back to a previous president who faced a similar crisis at the beginning of his administration.
USA - California can require Monsanto to label Roundup, its popular weed-killer, as a possible cancer threat, a judge tentatively ruled Friday. If it carries out the proposal, California would be the first state to order such labeling for the weed-killer, which is used by farmers and home gardeners worldwide. Monsanto had sued the nation's leading agricultural state, saying California officials illegally based their decision for carrying the warnings on an international health organization based in France. The chemical giant has insisted that its product poses no risk to people.
USA - The more I see of the Donald Trump administration, the more I like its style. Here’s a perfect example – in which Trump’s prospective new Ambassador to the European Union, Ted Malloch, tells it like it is in an interview with Andrew Neil on the BBC’s Daily Politics show.