US rise of cryptocurrency and fall of regulation pose ‘profound risks’ – report

Center for Political Accountability, which advocates for corporate disclosure, warns of fallout from Trump’s efforts

A new report warns of “profound risks” in American politics as cryptocurrency companies increase their political spending and Donald Trump oversees regulatory retreat while promising to create a “crypto strategic reserve”.

The situation “illustrate[s] the profound risks that unchecked corporate political spending presents, particularly within the volatile and often unpredictable cryptocurrency industry”, reads the report, from the Center for Political Accountability (CPA), a non-profit that advocates for corporate political disclosure.

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Trump suspending US intelligence sharing is ‘suffocating’ Ukraine’s hope, says Ben Wallace

Former UK defence secretary suggests Ukraine can still win the war if it continues holding off Russian forces

Ben Wallace, the former UK defence secretary, has said Donald Trump’s decision to suspend US intelligence sharing with Kyiv is “suffocating” Ukrainian hope of holding out against Russian aggression.

Last Friday, the US president, along with the vice-president, JD Vance, berated Volodymyr Zelenskyy in the Oval Office in full view of the media, telling the Ukrainian president that he was “gambling with world war three” and to come back to the White House “when he is ready for peace”.

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US support to maintain UK’s nuclear arsenal is in doubt, experts say

Malcolm Rifkind joins diplomats and analysts urging focus on European cooperation to replace Trident

Britain’s ability to rely on the US to maintain the UK’s nuclear arsenal is now in doubt, experts have warned, but working with European states to replace it will be costly and take time.

An existing debate about the future of Trident – Britain’s ageing submarine-launched nuclear missile system – has taken a dramatic new turn in recent weeks amid fears Donald Trump could pull out of Nato.

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Woman kidnapped as a toddler in the US 25 years ago found alive in Mexico

Andrea Michelle Reyes was two when her mother took her from her father in Connecticut and fled the country

A woman who was abducted in Connecticut as a toddler has been found alive 25 years later in Mexico.

Andrea Michelle Reyes was two years old when she was taken by her mother, Rosa Tenorio, in October 1999, according to a news release from the New Haven police department. Tenorio did not have legal custody of Reyes, who was in the care of her father at the time of the kidnapping, police said.

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South Carolina conducts first US firing squad execution in 15 years: ‘Barbaric’

Brad Sigmon, 67, was shot dead by prison staff despite outcry over ‘cruel’ method and calls for clemency

The US has conducted its first execution by firing squad in 15 years, with South Carolina prison officials shooting to death Brad Sigmon, 67, on Friday evening, despite widespread concerns about the safety and cruelty of this method.

Sigmon was the oldest person to be executed in the state’s history and his death was part of a series of rapid killings the state has pursued in the last six months as it revives capital punishment. There had been growing calls for clemency, but minutes before Sigmon was killed, the state’s Republican governor, Henry McMaster, announced he would not be intervening.

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Multiple people face charges in hazing death of Southern University student

Man surrenders to police and two more arrests expected in Caleb Wilson’s death after Omega Psi Phi fraternity ritual

Multiple people are facing criminal charges in the recent death of a 20-year-old student at Southern University in Baton Rouge, Louisiana, that evidently occurred amid a fraternity hazing, authorities have said.

Caleb McCray, 23, surrendered to police in Louisiana’s capital city on Thursday on counts of manslaughter as well as criminal hazing in the 27 February death of 20-year-old Caleb Wilson, a mechanical engineering student at Southern as well as a member of its famed Human Jukebox marching band.

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Justice department opens investigation into soaring US egg prices – report

Officials said to be looking at whether producers have conspired to increase prices or have held back supply

The justice department has reportedly opened an investigation into what is driving the sharp rise in egg prices, including whether top producers have conspired to increase them.

Officials are also said to be looking at whether companies have held back supply. Their investigation is in its early stages, and may not lead to any formal action, according to the Wall Street Journal, which cited sources familiar with the matter.

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EPA issues guidance that spending of $50,000 or more must gain approval of Doge

Move comes even as Trump has tried to show that Musk’s cost-slashing agency doesn’t have the final say

The US Environmental Protection Agency (EPA) has issued new guidance directing that spending items greater than $50,000 now require approval from Elon Musk’s so-called “department of government efficiency” (Doge), even as Donald Trump began putting some distance between Musk’s reach and the power of government department heads – at least over job cuts.

“Any assistance agreement, contract or interagency agreement transaction [valued at] $50,000 or greater must receive approval from an EPA DOGE team member,” the EPA guidance says, according to documents obtained by the Associated Press. The EPA did not respond to a request from the news agency on Friday for comment.

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Trump says he wrote to Iran and wants to negotiate nuclear weapons deal

First step by president to open discussions comes as Iranian government locked in dispute over negotiating with US

Donald Trump has said he wants to negotiate a new deal with Iran to prevent its development of nuclear weapons and sent a letter to its leaders saying he hoped they would open talks.

It is the first practical step taken by the US president to see if new negotiations on Iran’s nuclear programme are possible.

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Saudi Arabia is hosting more Ukraine talks – but how neutral is it?

The US and Ukraine will meet in Jeddah next week, but the Saudi crown prince’s closeness to Putin is a concern

On the surface, the announcement that Saudi Arabia will host talks between the US and Ukraine in Jeddah next week appears promising news.

After the disastrous meeting between the Ukrainian president, Volodymyr Zelenskyy, and Donald Trump in the White House last week, a more neutral location for this meeting of lower-level figures makes sense in terms of trying to dial down the temperature.

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US foreign aid projects asked to justify their work in White House survey

Staff questioned on eccentric list of criteria that meet Trump administration’s new national security priorities

Staff on hundreds of foreign aid projects left in limbo by the Trump administration’s funding freeze have received a survey that asks them to justify their work under an eccentric list of criteria that meet the White House’s new national security priorities.

The survey, copies of which have been obtained by the Guardian, asks foreign aid programme staff to detail whether they contribute to limiting illegal immigration or securing US borders, “combatting Christian prosecution”,and whether they help the US secure access to rare earth minerals.

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US owner of UK pharmacy chain Boots to be taken private in $10bn deal

Walgreens Boots Alliance sold to Sycamore Partners and ends almost a century of trading on public markets

The US owner of the high street pharmacy chain Boots is to be taken private in a $10bn (£7.8bn) deal that will bring an end to almost a century of trading on public markets for Walgreens Boots Alliance.

The company, which operates more than 1,800 Boots stores in the UK, has been sold to the US private equity firm Sycamore Partners after struggling in the internet era as customers have turned to online shopping for cheaper products.

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China’s foreign minister condemns US imposition of tariffs as ‘two-faced’

Wang Yi hits out at 20% levy on Chinese goods and warns ‘law of the jungle’ could emerge from Donald Trump’s policy

China’s foreign minister has accused the US of “two-faced” behaviour, condemning the imposition of tariffs on Chinese goods and warning against the “law of the jungle” that could emerge from Donald Trump’s “America First” policy.

Speaking at the sidelines of China’s annual parliamentary gathering, Wang Yi said China would “firmly counter” US pressure. “No country should think that it can suppress China and maintain good relations,” he added.

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Taiwan hails ‘historic’ TSMC deal with US, but will it lose the ‘silicon shield’ protecting it from China?

The producer of the world’s most advanced chip technology is investing on US soil but some fear that could reduce the leverage Taiwan holds to ensure its future security

TSMC’s chief executive, CC Wei, smiled broadly as he stood next to Donald Trump in the White House on Monday, announcing what he said was the biggest foreign direct investment on US soil in history. His company – the producer of most of the world’s most advanced semiconductors – would boost its existing $65bn US presence by a whopping $100bn.

For TSMC the deal meant they would avoid massive tariffs Trump had flagged for the global chip industry. For the US it mean tens of thousands of construction jobs, and the eventual development of crucial technology on US soil, far away from the threat of China taking control of it if it one day annexed Taiwan.

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US to revoke student visas over ‘pro-Hamas’ social media posts flagged by AI – report

State department launches AI-assisted reviews of accounts to look for what it perceives as Hamas supporters

The US state department will use artificial intelligence to revoke visas of foreign students who it perceives as supporters of Hamas, Axios reported on Thursday, citing senior state department officials.

Donald Trump signed an executive order in January to combat antisemitism and has pledged to deport non-citizen college students and others who took part in pro-Palestinian protests that have been ongoing for months amid Israel’s military assault on Gaza after Hamas’s October 2023 attack.

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US plans to close European consulates and cut state department workforce

State department also looks into merging some bureaus in Washington amid Trump effort to slash US government

The US state department is preparing to shut down a number of consulates that are mainly in western Europe in the coming months and looking to reduce its workforce globally, multiple US officials said on Thursday.

The state department is also looking into potentially merging a number of its expert bureaus at its headquarters in Washington that are working in areas such as human rights, refugees, global criminal justice, women’s issues and efforts to counter human trafficking, the officials said.

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Trump delays tariffs on many products from Mexico and Canada

US president paused tariffs on Mexican products covered by USMCA and later stayed tariffs on many Canadian imports

Donald Trump pulled back from his trade war with Canada and Mexico on Thursday, temporarily delaying tariffs on many goods from the two countries once again.

Two days after imposing sweeping tariffs on all imports from his country’s closest trading partners, the US president announced that duties on a wide range of products would be shelved until April.

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US arts funding agency sued over Trump order targeting LGBTQ+ projects

Groups sue National Endowment for the Arts (NEA) after president bars funds for promotion of ‘gender ideology’

Several arts organizations are suing the National Endowment for the Arts (NEA) over its new requirements following Donald Trump’s executive order barring the use of federal funds for the promotion of “gender ideology”.

The groups, which are seeking funding for projects that support art about or are made by transgender and non-binary people, say they have in effect been unconstitutionally blocked from receiving grants from the agency that was built to promote artistic excellence, despite having received funds for similar projects in the past.

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Cheap goods ‘not essence of American dream’, Trump official says amid tariff price fears

Treasury secretary Scott Bessent defends the new administration’s aggressive trade strategy

Buying cheap products is “not the essence of the American dream”, Donald Trump’s top economic official has declared, amid warnings that the US president’s trade wars risk increasing prices.

The US treasury secretary, Scott Bessent, defended the new administration’s aggressive trade strategy on Thursday, two days after it imposed sweeping tariffs on Canada and Mexico and hiked duties on China.

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American severance may be averted, but Europe’s leaders must fear the worst

Head-spinning speed of events leaves EU adapting at pace while trying to infer Trump’s possible geo-strategic aims

With a mixture of regret, laced with incredulity, European leaders gathered in Brussels to marshal their forces for a power struggle not with Russia, but with the US.

Even now, of course at the 11th hour, most of Europe hopes this coming battle of wills can be averted and the Trump administration can still be persuaded that forcing Ukraine to the negotiating table, disarmed and blinded, will not be the US’s long-term strategic interest.

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