Foreign
Bitcoin will be mined, minted, made in US, Trump woos crypto community
By Francesca Hangeior.
Donald Trump, once a cryptocurrency sceptic, has vowed to be a “pro-bitcoin president” if elected in November.
The Republican nominee is seeking support from an industry frustrated by US regulations.
“The Biden-Harris administration’s repression of crypto and bitcoin is wrong, and it’s very bad for our country,” Trump said to cheers at a conference in Tennessee.
The ex-president likened cryptocurrencies to the growth of the “steel industry of 100 years ago”, and said, “Bitcoin stands for freedom, sovereignty and independence from government coercion and control.”
Trump said if he was in the White House, he would not allow the US government to sell its bitcoin holdings.
“This will serve in effect as the core of the strategic national bitcoin stockpile,” Trump said.
The proposal was more limited than one offered the day before by longshot third-party candidate Robert F. Kennedy Jr., who said he would seek to build a stockpile of 4 million bitcoins.
“If we don’t embrace crypto and bitcoin technology, China will, other countries will, they’ll dominate, and we cannot let China dominate,” Trump said Saturday.
“If crypto is going to define the future, I want it to be mined, minted and made in the USA.”
Acknowledging the price of electricity as a key factor in where cryptocurrency mining operations are located, Trump vowed to make US energy the cheapest “of any nation on Earth” by increasing fossil fuel production and nuclear energy.
“We’ll be doing it in an environmentally friendly way, but we will be creating so much electricity that you’ll be saying, ‘please, please, Mr President, we don’t want any more electricity.’”
He said on his first day in office, he would fire Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), a frequent target of cryptocurrency industry outrage over his cautiously slow approach to implementing regulations.
The crowd roared with approval at the proposal, prompting Trump to joke: “I didn’t know he was that unpopular.”
“Let me say it again. On day one, I will fire Gary Gensler!” he said, with the crowd erupting again.
He also targeted Vice President Kamala Harris, who is set to replace Biden atop the Democratic ticket following the 81-year-old president’s shock exit from the campaign.
“We have to fight and we have to win, and I pledge to the bitcoin community that the day I take the oath of office, Joe Biden, Kamala Harris’s anti-crypto crusade will be over, it will end, it’ll be done,” Trump told the crowd.
“You’re going to be very happy with me.”
The 100-day sprint to the US election began Sunday, the final act of a campaign transformed by an assassination attempt and the stunning exit of President Joe Biden.
After weeks of infighting and despondency over Biden’s candidacy, Democrats have consolidated behind Vice President Kamala Harris, radically reshaping the race to November 5 which was fast becoming Republican nominee Donald Trump’s to lose.
Harris’s candidacy has clearly reinvigorated her party’s campaign, which said Sunday it had raised $200 million – mostly from first-time donors – since Biden dropped out and endorsed his vice president a week ago.
A new Wall Street Journal poll showed Harris had closed Biden’s six-point deficit with Trump to just two points – well within the margin of error – with boosted support from Black, Latino and young voters.
But Republican pollster David Lee, who conducted the Journal survey, cautioned Democrats not to get carried away by the race tightening.
“Donald Trump is in a far better position in this election when compared to a similar time in the 2020 election,” Lee said.
If the race is at a dead heat nationally, the advantage still lies with Trump given the mathematics of the Electoral College system for electing the president.
Trump’s 2016 victory over Hillary Clinton came despite losing the nationwide popular vote by nearly three million ballots.
Foreign
ICC Issues Arrest Warrants On Israeli PM Netanyahu, Defence Minister
The International Criminal Court, ICC has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant, accusing them of war crimes over the war in Gaza.
The court said it had “reasonable grounds” to believe Netanyahu bears criminal responsibility for war crimes including “starvation as a method of warfare” and “the crimes against humanity of murder, persecution, and other inhumane acts.”
Netanyahu’s office said Israel “utterly rejects the absurd and false actions and accusations.” The move compels ICC members to arrest him but key powers, including Israel’s major ally the US, are not signatories.
The ICC announcement came as the Palestinian death toll from Israel’s war in Gaza rose to more than 44,000 people, according to the health ministry there.
CNN.
Foreign
Matt Gaetz withdraws as Trump’s nominee for attorney general
Former Florida Congressman Matt Gaetz has withdrawn his name from consideration to become attorney general after days of debate over whether to release a congressional report on sexual misconduct allegations against him.
On X, formerly Twitter, the 42-year-old said that the controversy over his potential nomination “was unfairly becoming a distraction” to the work of the incoming Trump administration.
The report included the findings of a probe sparked by allegations of sexual misconduct and illicit drug use.
Gaetz has denied the claims but said that he hoped to avoid a “needlessly protracted Washington scuffle.”
The withdrawal of Gaetz – who Donald Trump selected to be the top US law enforcement officer – represents a setback for the president-elect.
On his own Truth Social social media platform, the former and soon-to-be president said he appreciated Gaetz’s effort to become attorney general.
“He was doing very well, but at the same time, did not want to be a distraction for the administration, for which he has much respect,” Trump added.
In his post on X, formerly Twitter, Gaetz said that Trump’s justice department “must be in place and ready” on the first day of his administration in January.
“I remain fully committed to see that Donald J Trump is the most successful president in history,” he wrote.
“I will forever be honoured that President Trump nominated me to lead the Department of Justice and I’m certain he will save America,” Gaetz added.
The shadow cast by the long-running investigation by a congressional ethics panel into a number of claims involving drugs, bribes and sex meant that Gaetz was likely to face an uphill battle when it came time to be confirmed by the US Senate.
Lawmakers – including some fellow Senate Republicans – had expressed concern about his nomination, reportedly prompting a significant closed-door effort by him and Trump to secure the necessary support.
The day before his withdrawal, the House Ethics Committee – which compiled the report – met behind closed doors to debate whether or not it should release the report into Gaetz.
The committee’s ranking Democrat, Susan Wild, said that the group had not been able to come to an agreement and was evenly divided, 5-5, on party lines.
Its chairman, Michael Guest, told reporters on Thursday that his withdrawal “should end the discussion of whether or not the ethics committee should move forward in his matter.”
“He is no longer a member of Congress, and so I think that this settles any involvement that the ethics committee should have in any matters involving Mr Gaetz,” he said.
Gaetz resigned from his House seat last week after Trump nominated him to become attorney general.
It is unclear whom Trump will nominate in his place.
The allegations stem, in part, from a woman’s claims that she attended a 2017 party with him and witnessed the then-congressman having sex with a minor.
The woman’s lawyer later said that the woman, as well as another witness, were paid by Gaetz to have sex with him.
A separate three-year federal sex trafficking investigation into Gaetz ended with no charges brought against him.
Will Matt Gaetz return to Congress?
It is unclear what will come next for Gaetz, who provided no detail on his future plans in his announcement.
President-Elect Trump said only that he has a “wonderful future” and will do “great things”.
Experts have suggested that it is unlikely that Gaetz would try to return to the House – where he was re-elected to his seat in the November election – as it would mean that the Ethics Committee report could be made public.
Senior Republicans, including House Speaker Mike Johnson, have used his resignation as justification to avoid publishing the committee’s findings.
But he could return to the Capitol in the upper chamber. Florida’s Governor, Ron DeSantis, could appoint him to a vacant seat that is likely to be left by Senator Marco Rubio, whom Trump has nominated as his secretary of state.
Gaetz could also lobby for another position in the administration that does not require a Senate confirmation.
Who could replace him as Attorney General nominee?
Moving forward, Trump is likely to pick another attorney general nominee to carry out his agenda at the justice department – which he has described as ending “weaponised government”, protecting US borders, dismantling criminal organisations and restoring Americans’ “badly-shattered faith and confidence” in the department.
On Monday, some of Trump’s congressional allies said they were ready to begin assessing other contenders.
“This provides the president an opportunity to look at other very qualified individuals who can help to revamp the justice department,” South Dakota Senator Mike Rounds was quoted as saying by Politico.
“Probably a number of them would be very acceptable to members of the Senate, who really do want to see the president’s agenda move forward,” he added.
Rounds added that he believes that there was “some information out there that the president was not aware of when he made the original recommendation”.
Among the names so far put forward as possibilities are:
Texas Attorney General Ken Paxton
Former Chairperson of the Securities and Exchange Commission Jay Clayton
Missouri Attorney General Andrew Bailey
Utah Senator Mike Lee
Former Office of Management and Budget general counsel Mark Paoletta
Carl Tobias, a law professor at the University of Richmond, told the BBC that “an obvious candidate” would be Todd Blanche, who represented Trump in his New York criminal trial and has already been nominated to serve as deputy attorney general.
Other possibilities include Virginia Attorney General Jason Miyares or senior Republican members of the Senate Judiciary Committee, including Ted Cruz, Tom Cotton or Josh Hawley.
The latter two have suggested that they would prefer to stay in the Senate.
Foreign
Child-abuse scandal: Archbishop of Canterbury resigns
The Archbishop of Canterbury and head of the global Anglican Church, Justin Welby, resigned on Tuesday, following a review that revealed senior church leaders covered up the widespread abuse of over 100 boys and young men.
The abuse was perpetrated by a British lawyer, John Smyth, who led Christian summer camps in the United Kingdom and other countries during the 1970s and 1980s.
The independent review, which was released last week, found that despite repeated efforts by individuals to bring Smyth’s actions to light, the response from the Church of England was inadequate, amounting to a cover-up.
Smyth, who died in South Africa in 2018 without facing any legal proceedings, abused boys and young men under his care for decades.
The review revealed that the church’s failure to act enabled Smyth to continue his abuse in the UK and abroad.
In a statement announcing his resignation, Welby expressed deep regret over the church’s failures.
“The last few days have renewed my long-felt and profound sense of shame at the historic safeguarding failures of the Church of England,” Welby said in the statement.
Welby admitted that he first learnt about the abuse allegations in 2013, the same year he became Archbishop, but acknowledged that his efforts to investigate and address the situation were insufficient.
He said, “For nearly twelve years I have struggled to introduce improvements. It is for others to judge what has been done.”
The Archbishop’s resignation came amid growing criticism from victims and other church leaders.
The Bishop of Newcastle, Helen-Ann Hartley, remarked, “I think, rightly, people are asking the question: ‘Can we really trust the Church of England to keep us safe?’ And I think the answer at the moment is ‘no’.”
Survivor Andrew Morse, who was among those abused by Smyth as a teenager, called for Welby’s resignation.
He criticised the Archbishop’s handling of the situation, stating that had Welby acted decisively in 2013, further abuse could have been prevented.
He said Welby’s “admission that in 2013, which is really modern day in comparison to the 1970s and 1980s, that he didn’t do enough, that he wasn’t rigorous… is enough in my mind to confirm that Justin Welby, along with countless other Anglican churchmen, were part of a cover-up about the abuse,” Morse told the BBC.
The scandal has cast a long shadow over Welby’s tenure, which included officiating high-profile events such as the wedding of Prince Harry and Meghan Markle and delivering the sermon at Queen Elizabeth II’s state funeral.
His resignation marked a moment for the Church of England, as it grapples with the legacy of abuse scandals and attempts to restore trust among its followers.
Welby concluded his statement by acknowledging the profound impact of the review’s findings, noting the pain endured by the victims and the failure of the church to protect those in its care.
“I am so sorry that in places where these young men, and boys, should have felt safe and where they should have experienced God’s love for them, they were subjected to physical, sexual, psychological and spiritual abuse,” he said.
Efforts to get the reactions of the Church of Nigeria (Anglican Communion) and the Christian Association of Nigeria failed.
When contacted, the Communication Officer of the Church of Nigeria, Anglican Communion, Korede Akin, informed our correspondent that he could not speak on the issue, stating that only the Primate of the Anglican Communion, Archbishop Henry Ndukuba, could provide the position of the church.
Similarly, the Director of National Issues and Social Welfare for the Christian Association of Nigeria, Abimbola Ayuba, told our correspondent that only the CAN President had the jurisdiction to speak on international matters, as he could only speak to issues of national concern or social welfare.
Meanwhile, efforts to reach the National Publicity Secretary of the Pentecostal Fellowship of Nigeria, Bishop Emmah Isong, failed as his phone line was switched off.
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