live U.S. to apply measures 'never seen before' on Iran, Trump official says
The U.S. will impose "never seen before" measures on Iran in order to economically isolate the country, Washington's Treasury Secreta...
U.S. President Donald Trump has said that former House Speaker Nancy Pelosi should be investigated over her stock market earnings, suggesting she profited from insider knowledge.
Speaking at a signing ceremony at the White House, President Donald Trump addressed current legislative efforts in the Senate to ban members of Congress from trading stocks and singled out Nancy Pelosi, a senior Democrat, for criticism.
"I think Nancy Pelosi should be investigated over this," Trump said.
"Except for a few people in Wall Street history, she practically made the highest returns. How does that happen? Because she knows exactly what’s going to happen."
The president accused Pelosi of profiting from non-public information.
"She made a fortune with her husband, and I think it’s disgraceful. Nancy Pelosi got rich through insider knowledge," he added.
Pelosi, who served as Speaker of the House until January 2023, is estimated to have a net worth of more than $250 million, placing her among the wealthiest members of Congress.
Accusations of insider trading have long shadowed U.S. lawmakers, prompting bipartisan efforts to tighten rules.
The Senate is currently considering legislation to bar Congress members from buying and selling individual stocks while in office. Pelosi has faced criticism in the past over her husband's trades, though she has denied any wrongdoing or use of confidential information.
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
The Democratic Republic of the Congo’s (DRC) Ebola outbreak has spread to a sixth province. A man died of the virus in Bas-Uélé in the north, the African Union’s health agency said.
President Donald Trump has ordered the U.S. Navy to abandon its next planned electromagnetic aircraft launch system and return to steam-powered catapults on a future aircraft carrier, while also authorising limited overseas ship construction to help address naval capacity shortfalls.
A diplomatic dispute has erupted between Cuba and the Dominican Republic after Santo Domingo ordered the withdrawal of several Cuban diplomats and their family members, prompting a sharp response from Havana.
Brazil has taken the first formal step towards potential retaliatory action against the United States following the Trump administration's decision to impose new tariffs on Brazilian exports, signalling a further deterioration in relations between the two countries.
U.S. Defense Secretary Pete Hegseth said on Thursday that reports about poor conditions aboard aircraft carrier the USS Abraham Lincoln in the Middle East were "completely misrepresented."
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