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Alleged 9/11 plotter reaches plea deal at Guantánamo

by Index Investing News
August 1, 2024
in Economy
Reading Time: 5 mins read
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Good morning. Right this moment we’re protecting:

However first, the alleged mastermind behind the September 11 assaults, Khaled Sheikh Mohammed, had his plea cut price authorised by the Division of Protection yesterday, sparing him the demise penalty in trade for a life sentence as an alternative.

Harrowing accounts of the torture methods used at Guantánamo, the place Mohammed was a detainee, and controversy over the size of his custody with out trial provoked fierce debate in Washington. Though prosecutors had been in search of the demise penalty, Mohammed will now obtain a minimal sentence of two,976 years in a navy tribunal, his lawyer stated.

Home Speaker Mike Johnson stated yesterday that the offers have been a slap within the face to the victims’ households by the White Home. And Mitch McConnell, the Senate Republican chief, lambasted the “Biden-Harris administration’s weak spot within the face of sworn enemies of the American individuals”.

Right here’s what I’m protecting tabs on right now:

  • Financial knowledge: S&P International releases manufacturing buying managers’ indices for Canada and the US. Mexico’s central financial institution updates its annual forecasts for GDP development, inflation, the trade fee and the benchmark rate of interest.

  • Outcomes: Biogen, Regeneron Prescription drugs, Thomson Reuters, Moderna, Kellanova, Canada Goose, Amazon.com, Clorox, Apple and Hershey report.

5 extra prime tales

1. Israel has confirmed right now that it killed Hamas navy commander Mohammed Deif in an air strike final month, after yesterday’s killing of Hamas’s political chief Ismail Haniyeh put the area on the point of a wider struggle.

  • Revenge: After the humiliation of October 7, the nation’s intelligence providers are hitting again the place their enemies really feel most secure.

  • Explainer: Our reporters clarify the completely different roles Haniyeh and Hizbollah commander Fuad Shukr, who was additionally killed this week, performed in Israel’s lengthy battle with its neighbours.

2. Federal Reserve chair Jay Powell has stated {that a} fee minimize might are available in September, after US policymakers yesterday voted to carry borrowing prices at a 23-year excessive.

3. Donald Trump yesterday falsely questioned vice-president Harris’s racial identification, claiming at an annual assembly for Black journalists in Chicago that Harris “grew to become a Black individual” solely just lately.

4. Venezuelan President Nicolás Maduro has requested the government-controlled Supreme Court docket to audit the election during which he was declared the winner, amid mounting worldwide scepticism and unrest at dwelling.

  • “The west should not let Maduro get away with a stolen election”, writes the FT’s editorial board.

5. Billionaire investor Invoice Ackman has withdrawn the proposed public itemizing for closed-end fund Pershing Sq. USA in an enormous about-face, after he predicted it could be among the many largest IPOs ever only a few months in the past.

The Huge Learn

Jamaica’s Shelly-Ann Fraser-Pryce races within the girls’s 100-metre semi-final of the World Athletics Championships in Budapest final yr © Sportsfile by way of Getty Photographs

Athletics begins on the Paris Olympics right now. Storied athletes, from Jamaica’s Usain Bolt and Shelly-Ann Fraser-Pryce (pictured), to the US’s Allyson Felix, have given performances which have redefined the bounds of human achievement through the years. However most individuals pay little consideration to the game when the Video games are over. Learn concerning the tasks making an attempt to alter that.

We’re additionally studying and watching . . . 

  • Boeing chief: New Boeing chief Robert “Kelly” Ortberg has the problem of steering the aircraft maker by one of many largest crises in its historical past. Learn our profile on Ortberg right here.

  • Chipmaker rebound: After falling sharply on Tuesday, chipmaker shares are again on the up. Why have they been so risky this week?

Chart of the day

Wildfire depth is raging throughout Canada and the US, being fuelled by hotter and drier situations throughout the area, scientists have stated. The blazes have led to an uptick in carbon emissions, having broken peat development and inflicting a surge in smoke path, which may be dangerous to human well being.

You might be seeing a snapshot of an interactive graphic. That is probably as a consequence of being offline or JavaScript being disabled in your browser.

Take a break from the information

The street journey is an iconic American pastime. For many years, people have pushed again east and out west throughout the sweeping US panorama, stopping by at log cabins and motor lodges on the journey. The FT’s Lilah Raptopoulos chronicles the historical past of the buildings that when anchored the voyage, and speaks to the 2 entrepreneurs hoping to generate a revival.

Cabins at the Pine Lyn Cottages motel in the 1960s
Cabins on the Pine Lyn Cottages motel within the Sixties © Getty Photographs

Further contributions from Emily Goldberg and Irwin Cruz

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