Tag: Top Stories

Banco Popular fails and is bought by Santander

EVEN a bank failure can be presented as a triumph. This week Banco Popular, a big Spanish lender, endured a run. Depositors were said to be withdrawing €2bn ($2.2bn) a day. The bank lost half its stockmarket value in four days, as a self-imposed deadline to find a saviour loomed. On June 6th, it was […]

Comey ‘Laid Out the Case’ for Obstruction; Except He Didn’t Say That

The Washington Post and journalists at ABC hear what they want to hear. The Post in a headline on Thursday declared that James Comey “laid out the case that President Trump obstructed justice.” Except he didn’t say that. After the hearings, ABC suggested that Comey intended “to lay out the facts and hope there is […]

THE MEMO: Bruised by Comey, Trump avoids catastrophe

As the smoke begins to clear from James Comey’s dramatic testimony on Capitol Hill, one thing has become clear: It was bad for President Trump — but it could have been worse. The fired FBI director delivered several gut punches to Trump and his administration, but there was no knockout blow. Comey’s testimony enflamed Democrats […]

Comey testimony: Trump responds, claims ‘total and complete vindication’

President Trump finally broke his silence Friday morning about James Comey’s congressional testimony a day earlier, tweeting that he felt vindicated and emphasizing the former FBI director’s admission that he leaked details of confidential conversations with the president to the press. “Despite so many false statements and lies, total and complete vindication…and WOW, Comey is […]

Comey’s Testimony: A Study in Contradictions

In his sworn testimony before the Senate Intelligence Committee Thursday, former FBI Director James Comey directly contradicted his previous sworn testimony from May 3. Not only that, but he made conflicting remarks in Thursday’s testimony. In his May 3 testimony, Comey said — under oath and on camera — that no one had ever told […]

CNN Forced To Issue Humiliating Correction After Comey Testimony Vindicates Trump

With Wednesday’s pre-release of former-FBI Director James “The Peacock” Comey’s coming testimony today, the credibility crisis CNN is already suffering just hit another impossible low. Let’s review, shall we… In fewer than two weeks, one CNN employee has “beheaded” President Trump, another has called Trump a “piece of sh*t,” and the network itself has been […]

Philippines: Arab-Qatar rift may have repercussions for Filipino workers

The Philippine government expressed concern over several Arab powers breaking off diplomatic ties with Qatar, saying this may have “ripple effects” on Filipinos working overseas. “Concerned government agencies are looking at the matter and will extend assistance and other support for OFWs (Overseas Filipino Workers) who may be affected by such action.” Ernesto Abella, presidential […]

Gulf plunged into diplomatic crisis as countries cut ties with Qatar

The Gulf has been hit by its biggest diplomatic crisis in years after Arab nations including Saudi Arabia, the United Arab Emirates, Egypt and Bahrain cut ties with Qatar, accusing it of destabilising the region with its support for Islamist groups. The countries said they would halt all land, air and sea traffic with Qatar, […]

Venezuela Entering Final Stages

After eight weeks of protests, 49 deaths, 13,000 injured, and 1,500 arrests, Venezuela’s citizens are turning violent. In the town where Hugo Chávez spent his early years, termed the “cradle” of his socialist revolution, protesters not only burned down his childhood home but also several government buildings, including the regional office of the National Electoral […]

Texas takes step toward enacting its own ‘bathroom’ law

Texas moved one step closer Sunday night to enacting its own version of North Carolina’s controversial ‘bathroom’ bill. The state’s House of Representatives added the measure as an amendment to a bill regarding emergency operations in schools. The amendment requires students to use the bathroom of their biological gender in schools. This is unlike a […]