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Trump calls US Fed chair 'fool' after pause in rate cuts
Trump calls US Fed chair 'fool' after pause in rate cuts
by  AFP

US President Donald Trump branded Fed Chair Jerome Powell a "fool" on Thursday after the central bank announced another pause in rate cuts and warned of higher risks to inflation and unemployment goals. "'Too Late' Jerome Powell is a FOOL, who doesn't have a clue," Trump posted on his Truth Social network, in a fresh attack on the head of the independent Federal Reserve.

Gates Foundation to spend $200 bn through 2045 when it will shut down
Gates Foundation to spend $200 bn through 2045 when it will shut down
by  AFP

The Gates Foundation plans to spend more than $200 billion over the next 20 years, accelerating its public health mission and shutting down in 2045, the organization said Thursday. The new timetable means a change to the organization's charter, which planned for the foundation to sunset 20 years after the death of Bill Gates.

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