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David Sacks —AFP WASHINGTON—US President-elect Donald Trump on late Thursday named former PayPal chief operating officer David Sacks as White House “AI and crypto czar.” The wealthy tech entrepreneur will take on a newly created role advising the Trump administration on cryptocurrency and artificial intelligence (AI). “David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness,” Trump said in a social media post. “He will safeguard Free Speech online and steer us away from Big Tech bias and censorship.” Sacks will also lead a presidential council of advisors on science and technology, according to Trump. The entrepreneur, whose wealth has been estimated in the billions of dollars, is considered part of a so-called PayPal Mafia cadre of influential tech entrepreneurs that includes Elon Musk and Peter Thiel. The group was part of that company’s founding era and members have thrown their clout behind conservative political policies and candidates. READ: Trump going berserk, targets birthright, naturalized citizens Sacks backed JD Vance as Trump’s running mate in the recent US presidential election, hosting Vance on his podcast in the process. After PayPal was bought by eBay in 2002, Sacks went on to help create other tech firms, including Yammer, which was bought by Microsoft. Sacks, who like Musk was born in South Africa, also took to investing in start-ups. Musk met with US lawmakers Thursday to discuss his plans for overseeing radical government spending cuts under the incoming administration. Trump rewarded the Tesla, X and SpaceX chief for his support during the White House campaign by naming him head of the newly created Department of Government Efficiency, along with another wealthy ally, Vivek Ramaswamy. Although the office, dubbed Doge, has a purely advisory role, Musk’s star power and intense influence in Trump’s inner circle bring political clout. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . During Trump’s election campaign, Musk vowed to reduce federal spending by $2 trillion.US stocks mostly rose Friday after a report showed a healthy jobs market, and Paris rallied as President Emmanuel Macron vowed to serve out his full term and end France's political crisis. Oil fell on concerns of oversupply and Bitcoin held at a level over $100,000 after hitting records Thursday. The world's biggest economy gained 227,000 jobs in November, more than analysts expected and up from a revised 36,000 in October, said the US Department of Labor. "The US jobs market has emphatically rebounded following October's disappointing data," said Neal Keane, head of global sales trading at ADSS. October's figures had been depressed by hurricanes and workers' strikes, while November's increases may have been exaggerated by the end of a strike at Boeing in particular -- and by retail hiring ahead of the holiday season. US stocks mostly closed higher, with the broad-based S&P 500 and tech-focused Nasdaq both hitting fresh records, although the Dow retreated slightly. Investors are mostly betting that November's jobs numbers, while comforting, are probably not strong enough to deter the Federal Reserve from cutting interest rates again this month. "Investors needed a reassuring jobs report and that's exactly what they got," said eToro analyst Bret Kenwell. "The market still favors a rate cut from the Fed later this month and this report may not change that expectation." The Paris stock market closed up 1.3 percent on "hope that President Emmanuel Macron will serve out his term and that a (French) budget can be passed in the coming weeks," noted Derren Nathan, head of equity research at Hargreaves Lansdown. Macron on Friday was holding talks with French political leaders on the left and right as he seeks to quickly name a new prime minister after Michel Barnier's government was ousted in a historic no-confidence vote. Macron adopted a defiant tone in an address to the nation Thursday evening, just 24 hours after parliament voted out Barnier over his 2025 budget plan, which included unpopular austerity measures forced through without a vote using special powers. The luxury sector benefitted also from hopes of a pickup in Chinese demand. Gucci owner Kering topped the Paris CAC 40 as its shares gained more than six percent, while LVMH rose more than three percent. French video game company Ubisoft jumped 13 percent on takeover speculation. Frankfurt closed slightly higher, other continental markets were mixed, and London slid. In Asia, shares in Seoul sank more than one percent and the won weakened to about 1,420 per dollar as lawmakers prepared to hold an impeachment vote Saturday after President Yoon Suk Yeol's dramatic, short-lived imposition of martial law this week. While analysts said the economic fallout from the crisis would likely be limited, a political storm is ongoing. Hong Kong and Shanghai rallied as investors grew hopeful of fresh stimulus when top Chinese leaders including President Xi Jinping meet to discuss economic policy next week. Bitcoin hovered above $100,000 after having blasted to the historic peak of $103,800 Thursday on news that US President-elect Donald Trump had picked crypto proponent Paul Atkins to head the nation's markets regulator. New York - Dow: DOWN 0.3 percent at 44,642.52 points (close) New York - S&P 500: UP 0.3 percent at 6,090.27 (close) New York - Nasdaq Composite: UP 0.8 percent at 19,859.77 (close) Paris - CAC 40: UP 1.3 percent at 7,426.88 (close) Frankfurt - DAX: UP 0.1 percent at 20,384.61 (close) London - FTSE 100: DOWN 0.5 percent at 8,308.61 (close) Tokyo - Nikkei 225: DOWN 0.8 percent at 39,091.17 (close) Hong Kong - Hang Seng Index: UP 1.6 percent at 19,865.85 (close) Shanghai - Composite: UP 1.1 percent at 3,404.08 (close) Euro/dollar: DOWN at $1.0566 from $1.0591 on Thursday Pound/dollar: DOWN at $1.2740 from $1.2760 Dollar/yen: DOWN at 149.97 yen from 150.09 yen Euro/pound: DOWN at 82.93 from 82.97 pence West Texas Intermediate: DOWN 1.6 percent at $67.20 per barrel Brent North Sea Crude: DOWN 1.4 percent at $71.12 per barrel gv/rl/bys/aha
Trump team signs agreement to allow Justice to conduct background checks on nominees, staff
Ross Barkley’s 85th-minute goal gave them victory in Germany after goals from John McGinn and Jhon Duran early in each half were cancelled out by Lois Openda and Christoph Baumgartner. That sent them up to third in the new league phase of the competition ahead of Wednesday’s games and with matches against Monaco and Celtic to come, Villa have an excellent chance of finishing in the top eight. Job done... in the end 😅 #RBLAVL #UCL pic.twitter.com/PRD1Hi1Q3A — Aston Villa (@AVFCOfficial) December 10, 2024 That would mean they would avoid a play-off round to make it through to the last 16 and Emery says that is the target. “Today was key. Juventus at home, we were thinking more to win but in the end we accepted the draw because it was important for a point to be more or less in the top 24,” he told Amazon Prime. “Today was a match we were thinking at the beginning was key to be a contender to be in the top eight with the last two matches to be played. “It is going to be difficult and we have to get some more points but we now have the possibility to achieve this option. “We are going to enjoy and try to get top eight but we have to be happy because we are in the top 24 and maybe even the top 16. “We weren’t contenders in the beginning to get there but now we have to accept it.” Leipzig, who are flying high near the top of the Bundesliga, are out after losing all six matches. They did pose a threat to Villa, who inflicted some of their own problems on themselves, notably a rare gaffe from goalkeeper Emiliano Martinez for Openda’s equaliser. But Emery was happy with his side’s performance. “I try to enjoy and always we want to improve and sometimes it is hard but today the team were performing well, playing seriously and I was enjoying it,” he added. “We tried to overcome the mistakes we made and we did. More or less we were playing consistently. One mistake and they score but then we played very well. “Champions League is very difficult and we have to expect that every team playing at home are feeling strong. We played with consistency and domination.”
New Orleans police arrested on Friday a man accused of killing two people during a large parade where two separate shootings within an hour left two dead and at least 10 wounded. Curtis Gray, 19, faces two counts of second-degree murder tied to the Nov. 17 shootings along a crowded parade route, according to a news release from the New Orleans Police Department . Gray allegedly fatally shot Rasean Carter, 21, and Malachi Jackson, 19, at the Almonaster Avenue Bridge, authorities say. Carter, an aspiring photographer who lived in Marrero just across the Mississippi River from New Orleans, had planned to document the Nine Times Social Aid & Pleasure Club's annual outing and was accompanied by Jackson, his friend and uncle, Nola.com reported. The parade was part of New Orleans' long-running tradition of “second-lines” where revelers follow brass bands marching through the streets and has deep ties to the city's Black culture. The deaths of Carter and Jackson were among a series of recent lethal shootings in New Orleans. While most violence has been on the decline in the city since mid-2023, there were three people killed and eight wounded in six shootings over the past weekend according to Nola.com. On Thursday, New Orleans police arrested two men, Darrell Fairley Jr., 18, and Cornelius G. Tillman, 19, in connection with a Nov. 30 double homicide in New Orleans East.
Conservative Party of B.C. Leader John Rustad faces a test after 13 members of his caucus have asked him to essentially discipline Conservative MLA Elenore Sturko for comments that she made about a former Vancouver Police Board member. The signed letter published by radio host Jas Johal on X Thursday (Dec. 5) calls on Rustad to "invite" Sturko to "offer" Comfort Sakoma-Fadugba a written apology after Sturko had criticized her, following Sakoma-Fadugba's controversial remarks about the nature of Canadian society. Sakoma-Fadugba left her position Nov. 22 after several social media posts linked to her became public. Screenshots of the Instagram stories linked to Sakoma-Fadugba show Reddit posts lamenting the loss of Christian values in the face of immigration and criticized "woke culture" as well gender transitions. The alleged statements cost Sakoma-Fadugba her job on the police board and drew criticism from various corners of the political spectrum, including Sturko, a former RCMP officer and member of the LGBTQ2S+ community. “When we have statements being made that erode the public’s trust, or their comfort with their police service, it makes it that much harder on the front-line officers," Sturko told the CBC in November. But this statement did not sit well with her 13 colleagues, calling on Rustad to ask Sturko for the apology "and to encourage the Vancouver Police Board to advance conciliatory discussions with (Sakoma-Fadugba)." But that is not their only demand. "If Ms. Sturko declines your invitation, we ask that you offer this apology and encouragement on behalf of the Conservative caucus," they write. This double-demand appears to put Rustad in a double-bind. He either follows the demands from his part of his caucus ostensibly aimed at one of their own or he undermines the position of Sturko by issuing an apology on her behalf. "The way he responds will tell us something about where his own loyalties lie," UBC political scientist Stewart Prest said. "We do know that he is quite supportive of articulations of these kinds of more critical views of modernity ... so it may be that he has a certain amount of sympathy with the letter writers and his response will tell us whether that's the case. At the same time, a leader has another responsibility to the larger caucus as well. It may be that there are other members of the caucus who feel (Sturko) was quite correct in offering that assessment, and then has nothing to apologize for." Found within the letter is also a larger expression of sympathy for Sakoma-Fadugba's statements and a request to Rustad to give those views room by reminding him of what the signatories consider Rustad's own views to be. "The posts express views many Conservatives (including Conservative MLAs and staff) hold in support for parental rights, religious faith, and the pursuit of shared Canadian values," it reads. "Under your leadership, the Conservative Party of BC has consistently denounced 'cancel culture' and stood for the Charter rights British Columbians enjoy to free expression and freedom of religion," it reads. "The very first question you raised in the (legislature) as leader was in defence of parental rights." “Will the minister admit this SOGI 123 has been divisive and an assault on parents’ rights and a distraction to student education?” Rustad asked on Oct. 3, 2023. That question drew a rebuke from Premier David Eby, who called the question "outrageous" in accusing Rustad of leveraging children for culture-war purposes. “Shame on him," Eby said. "Choose another question." Prest called the letter a "deliberately provocative approach" that speaks to the ideological divisions within the party now for everyone to see. "It's putting right out in the open something we knew was going to be part of this, this challenging political coalition bringing together more populist-style conservatives with more, if you like, centrist or politically moderate types such (Sturko)." None of the 13 signatories once sat with Sturko when she was part of BC United and all were elected on Oct. 13 as first time Conservative candidates. Of note, is also the geographical representation of the MLAs. Eleven signatories represent ridings outside of Metro Vancouver and Greater Victoria including areas in the Fraser Valley and the Okanagan. Three signatories – Dallas Brodie (Vancouver-Quilchena), Brent Chapman (Surrey-South) and Anna Kindy (North Island) – have also found their names in the news over comments that they had made before or during the election campaign, with Chapman being perhaps the most widely reported one following his comments about Palestinian children made in 2015. "I would suggest that we are seeing to emerge, perhaps the makings of which you could almost call a Freedom Caucus in the (Conservative Party of B.C.), the sense that there's a group within a group that looks at the world quite differently than other members of that caucus," Prest said. This is not the first time that Sturko has been the object of criticism from within the Conservative Party of B.C. While still with B.C. United, Conservative candidate Paul Ratchford had called her a "woke, lesbian, social justice warrior." At the same time, Sturko had also been critical of the Conservatives, while still with B.C. United. In early October 2023, Sturko called on Rustad to apologize after appearing to draw a comparison with harms caused by residential schools and parental concerns about SOGI 123. Rustad denied making such a comparison. Sturko also called on Rustad to apologize after he had referred to being LGBTQ2S+ as a "lifestyle" in a media interview. When asked to comment on the letter from her colleagues, Sturko said deferred to Rustad. "This letter was addressed to John. I'm going to allow him the opportunity to speak to it at this time." Black Press Media has reached out to the Conservative Party of B.C., including Rustad's spokesperson and Rustad himself for comment.NoneAmidst the ongoing internal struggle within the Trinamool Congress between veteran leaders and the Young Turks, West Bengal Chief Minister and party chief Mamata Banerjee said any decision regarding her successor would be made collectively by the party leadership rather than by her personally. In an interview with Bengali news channel News 18 Bangla on Friday, Banerjee dismissed notions of individual dominance, asserting, ''I am not the party; we are the party. It is a collective family, and decisions will be made collectively.'' Asked about her potential successor, Banerjee deflected the question with a counter-query to the interviewer, ''Who is your successor?'' She went on to clarify that the TMC is a disciplined party where no individual will dictate terms. ''The party will decide what is best for the people. We have MLAs, MPs, booth workers, this is a joint effort,'' she said. On the debate about old versus new in the party, Banerjee maintained a balanced approach, stating, ''Everyone is important. Today's newcomer will be tomorrow's veteran. While TMC has not officially declared any succession plans, Banerjee's remark comes amidst an ongoing tussle between the old guards, considered loyal to Mamata Banerjee, and the next-generation leaders, considered close to Abhishek Banerjee. Abhishek Banerjee is TMC's national general secretary and nephew of Mamata Banerjee. Banerjee did not mince words while addressing the role of political consultants, taking an indirect jibe at I-PAC, which has been working as TMC's political consultant since 2019. ''Some strategists make surveys sitting at home and change them later. They can arrange things but not bring voters. It's the booth workers who know the villages and people who actually win elections,'' she remarked, adding, ''They are like artisans who do their work in exchange for money. But elections aren't won by them.'' (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
SOUTHAMPTON, England (AP) — West Ham goalkeeper Lukasz Fabianski is “alert” and conscious after being taken off the field on a stretcher during the team's 1-0 win at Southampton in the Premier League on Thursday, manager Julen Lopetegui said. The game was delayed for around eight minutes as Fabianski received treatment on the field at St Mary's Stadium. The 39-year-old Polish goalkeeper was hurt in a collision from a corner and was replaced by Alphonse Areola in the 36th minute. Southampton 'keeper Aaron Ramsdale had run the length of the field to check on Fabianski amid worrying scenes. Fabianski was then greeted by applause as he was taken off with an oxygen mask on, but did not need to go to the hospital. “He had one big knock around the head, around the neck and he was not very sure about his actions. Fortunately the news is he is talking, he is alert, he is conscious,” Lopetegui said. “I talk with him. The doctors say that he feels better and well. I am positive with him. He showed he more or less recovered his sense. I am not afraid. We feared but now he is better and it is a positive feeling because we were very worried.” West Ham, which also saw defender Max Kilman go off in the first half, scored through Jarrod Bowen in the 59th. AP soccer: https://apnews.com/hub/soccerTORONTO — Canada's main stock index eked out a gain Friday as a rise in tech stocks helped outweigh losses in energy, while U.S. markets were mixed after employment reports on both sides of the border. The S&P/TSX composite index closed up 11.76 points at 25,691.80. In New York, the Dow Jones industrial average was down 123.19 points at 44,642.52. The S&P 500 index was up 15.16 points at 6,090.27, reaching another all-time high, while the Nasdaq composite was up 159.05 points at 19,859.77, another record. Both Canada and the U.S. got fresh jobs data on Friday, but the two reports painted very different pictures, said Pierre-Benoît Gauthier, vice-president of investment strategy at IG Wealth Management. U.S. employers hired more than expected last month but the unemployment rate also ticked higher to 4.2 per cent. “This report was just good enough,” said Gauthier — not too weak, but also not too strong. The report sealed expectations that the U.S. Federal Reserve will announce a quarter-percentage-point interest rate cut later in December, said Gauthier. It shows the economy continues to handle higher rates well, he added. In Canada, the economy added 51,000 jobs in November, while the unemployment rate jumped to 6.8 per cent. The jobs number was undermined by the fact the gain was mainly public-sector hiring, said Gauthier. “The federal government creating jobs is in no way, shape or form an indication of the strength of the Canadian economy,” he said. The Bank of Canada is set to cut next week, and Gauthier thinks it could be an outsized half-percentage-point cut. “The rate cuts here cannot come fast enough,” he said. But the Bank of Canada will need to keep an eye on the increasing differential between rates in the U.S. and Canada, he added, which could put further downward pressure on the already weak Canadian dollar. “The Bank of Canada will be stuck between a rock and a hard place, because at some point they'll still have to defend the Canadian dollar," he said. A lower Canadian dollar could also result in some inflation as imports from the U.S. cost more. The Canadian dollar traded for 70.74 cents US compared with 71.24 cents US on Thursday. The January crude oil contract was down US$1.10 at US$67.20 per barrel and the January natural gas contract was essentially unchanged at US$3.08 per mmBTU. The February gold contract was up US$11.20 at US$2,659.60 an ounce and the March copper contract was up a penny at US$4.20 a pound. — With files from The Associated Press This report by The Canadian Press was first published Dec. 6, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian PressCroatia's incumbent president gains most votes for re-election, but not enough to avoid a runoffGreenland and the Panama Canal aren’t for sale. Why is Trump threatening to take them?
