Wall Street ends week lower as tech shares retreat
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices....
President Trump has unveiled plans to rebuild and reopen Alcatraz prison to detain America’s most dangerous criminals, calling it a return to a time when the country dealt more firmly with lawlessness.
US President Donald Trump announced on Sunday that he has directed the Federal Bureau of Prisons to rebuild and reopen the infamous Alcatraz prison in San Francisco Bay, intending to house the country’s “most ruthless and violent offenders”.
Posting on the Truth Social platform, Trump wrote: “REBUILD, AND OPEN ALCATRAZ! When we were a more serious Nation, in times past, we did not hesitate to lock up the most dangerous criminals, and keep them far away from anyone they could harm.”
Alcatraz, once regarded as America’s most secure prison, previously held notorious criminals such as Al Capone before it was closed in 1963. It has since become one of San Francisco’s most visited tourist destinations and a protected national park.
Trump stated that he was instructing the Department of Justice, FBI, Department of Homeland Security, and the Bureau of Prisons to support the reopening of a “substantially enlarged and rebuilt” facility on the island.
Speaking to reporters upon returning to the White House from Florida, the president described the idea as spontaneous. “It’s just an idea I’ve had,” he said. “It’s a symbol of law and order.”
Alcatraz was originally shut down due to its high running costs, which were nearly three times that of other federal prisons, largely because of its isolated island location and the logistical difficulties of staffing and maintaining it.
Democratic lawmaker and former House Speaker Nancy Pelosi dismissed the announcement, saying it was not a serious proposal. “Alcatraz closed as a federal penitentiary more than sixty years ago. It is now a very popular national park and major tourist attraction,” she posted on X.
The Oligarch’s Design is an investigative documentary exploring how financial power, political influence and carefully constructed narratives can shape conflict and public perception.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
Thailand’s caretaker Prime Minister Anutin Charnvirakul said on Saturday that Thai forces would continue military action along the Cambodia border until Bangkok believes there is no longer a threat to Thai territory or civilians.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
EU foreign policy chief Kaja Kallas has warned that without concrete concessions from Russia, such as limiting its military forces or curbing its defence budget, new conflicts could erupt elsewhere, even if Ukraine receives security guarantees.
Multiple people were shot on Saturday at Brown University in Providence, Rhode Island, prompting an active shooter alert and a campus lockdown, city officials said.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
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