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Maryanne Trump Barry, The Eldest Sister Of Former President Trump, Dies At 86

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Mrs. Maryanne Trump Barry, former President Donald Trump’s eldest sister, has died, according to two persons familiar with the situation. She was 86 years old.

Barry, a former federal judge and prosecutor, was appointed to the Federal District Court in New Jersey by President Ronald Reagan in 1983. She was later appointed to the 3rd Court of Appeals by President Bill Clinton in 1999 and resigned in 2019.

Her retirement occurred during a probe into whether she broke judicial behavior guidelines by committing tax fraud in response to a New York Times article alleging that the former president and his siblings used tax methods to inflate their inheritances. A disclosure form from Barry’s Senate confirmation that included a $1 million gift from a Trump family-owned company played a critical – albeit unintended – role in exposing the alleged fraud.

Because she retired, the inquiry on Barry was closed, granting her the right to an annual retirement salary and immunity from judicial reprimand. Her lawyer refuted the accusations.

barry

Maryanne Trump Barry, The Eldest Sister Of Former President Trump, Dies At 86

Donald Trump’s political career will soon draw more attention to his family. Barry never publicly expressed her disagreements with her brother, but audio clips from conversations between Barry and her niece, Mary Trump, in 2020 showed Barry criticizing the president-elect at the time harshly. The Washington Post was able to obtain the previously unreleased transcripts and recordings from Mary Trump.

Barry was one of the former president’s closest confidants throughout his life and one of the few people he sought advice from, yet a schism occurred during his final year in power when his niece revealed tapes of Barry criticizing her brother. Trump was genuinely offended by the remarks, a source close to the president told CNN at the time.

“Donald’s out for Donald,” Barry told her niece, a vocal critic of Trump’s presidency and author of the explosive book “Too Much and Never Enough: How My Family Created The World’s Most Dangerous Man.”

“His goddamned tweet and lying, oh my God,” Barry stated on tape. “I’m talking a little too freely, but you know.” The shift in narrative. The need for more planning. “The deception.”

During the recording, she refers to her younger brother as “cruel.”

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Maryanne Trump Barry, The Eldest Sister Of Former President Trump, Dies At 86

“He has no principles,” Barry pointed out. “None.”

She further claimed her brother sought to steal credit for her legal career, adding, “I have never asked for a favour from him since 1981.”

In a November 2018 chat, Maryanne reportedly confessed to her niece that Trump enlisted someone to take an SAT exam for him – one of the most frequently publicized charges in Mary Trump’s book.

However, in 2015, the current Republican presidential frontrunner praised his sister and suggested she be considered for the Supreme Court.

“I think she would be phenomenal; I think she would be one of the best,” he said to Bloomberg TV, describing her as “very smart and a very good person.”

Mary Trump filed a lawsuit in 2020 against Donald Trump, Maryanne, and the executor of her late uncle Robert Trump’s estate, alleging that “they designed and carried out a complex scheme to syphon funds away from her interests, conceal their grift, and deceive her about the true value of what she had inherited.” Last year, a court dismissed the complaint, citing a decades-old settlement.

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Maryanne Trump Barry, The Eldest Sister Of Former President Trump, Dies At 86

Maryanne, the oldest of five children, told New York Magazine in 2002 that she did not study law until her son was in sixth grade. According to the Federal Judicial Centre, she graduated from Hofstra University’s law school in 1974.

In the same interview, she stated that she did not want to join the family business because “I knew better even as a child than to even attempt to compete with Donald.”

SOURCE – (CNN)

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Canadian Man Arrested for TikTok Video That Threatened Trudeau

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Andrew Marshall TikTok video
Marshall is facing two counts of uttering threats - CBC Image

A TikTok video that went live earlier this week has led to a Toronto man facing charges of threatening Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland. Andrew Marshall, 61, is facing two counts of uttering threats.

On Friday afternoon, the Ontario Court of Justice granted him bail with a surety and restrictions after the RCMP charged him on Wednesday.

Following Monday’s upload to TikTok, CBC Toronto conducted its own independent investigation of the video. Marshall vehemently opposes what he perceives as restrictions on free expression in Canada in it.

“I get them taken down all the time— I make videos — or all my comments, that are just simple comments,” Marsh says in the TikTok. “It’s just getting ridiculous, Marshall said.”

According to the CBC more and more people are threatening politicians. The commissioner of the RCMP has hinted that further measures may be necessary to ensure their safety.

In the TikTok video, Marshall explains in great detail how he would brutally assassinate Trudeau and Freeland “if it was up to him.”

Marshall attacks multiple groups throughout the roughly 11-minute TikTok video, including the media, Muslims, migrants, and the police who defend the government.

Among Marshall’s bail terms are the following: he must not communicate with Trudeau or Freeland; he must not use the internet to make social media posts or comments; he must not own any weapons; and he must not apply for a firearms permit.

During the bail hearing, the prosecution provided all of the evidence that is often not published.

Nate Jackson, Marshall’s attorney, stressed his client’s liberties and privileges as a Canadian in an email message.

“He has the right to freedom of speech, the right to reasonable bail and the right to a fair trial,” he said. “Having secured his release from custody, we will continue to defend Mr. Marshall’s Charter rights as his case proceeds.”

Neither Freeland’s nor the prime minister’s office would comment on the allegations, according to the CBC.

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Canada’s Unemployment Rate Hits its Highest Point Since 2017

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Canada's Unemployment Rate
Canada's unemployment rate rose to 6.6 per cent in August - FIle Image

As the job market remains dismal, the national unemployment rate in Canada has risen to its highest point since 2017. This has led some analysts to question whether the Bank of Canada should be reducing interest rates more quickly.

In spite of a net gain of 22,000 jobs, Statistics Canada reported on Friday that the unemployment rate increased to 6.6% from 6.4% the previous month. The rise was due to an uptick in part-time employment and a fall in full-time employment.

Outside of the pandemic years, the national unemployment rate has reached its highest position since May 2017, according to StatCan.

Rapid population expansion in Canada has increased the overall labour pool, but the country’s unemployment rate has persisted in rising.

The summer job market was especially tough for students, according to StatCan. Not including the pandemic, the unemployment rate among students going back to school in the autumn was 16.7 percent, which is the highest level since 2012.

Canada Unemployment August 2024

Two days after the Bank of Canada dropped interest rates for the third time in a row, reducing borrowing costs to alleviate economic pressure, the most recent reading of the Canadian job market follows suit.

According to TD Bank economist Leslie Preston, who wrote a note on Friday, the central bank is “giving the OK” to keep dropping rates due to the bad August jobs report. Preston predicts two more quarter-point decreases at the remaining decisions this year.

According to CIBC senior economist Andrew Grantham, there are indications that the labour market is quickly contracting more than initially thought, since the unemployment rate is nearly two percentage points greater than the record low of 4.9% in June 2022.

“Due to this, we believe the Bank should be contemplating a quicker rate of reductions in order to bring interest rates to less restrictive levels,” he informed clients in a letter on Friday morning.

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US Job Growth Falls Short of Expectations: Economy Struggles Under High Interest Rates

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US Job Growth Falls Short of Expectations: Economy Struggles Under High Interest Rates

Last month, job growth in the United States was weaker than predicted, prompting concerns that the world’s largest economy is beginning to struggle under the weight of increased interest rates.

The Labour Department said that employers added 142,000 jobs in August, which was less than the nearly 160,000 economists predicted. It also stated that job gains over the preceding two months were weaker than expected.

However, the jobless rate went down to 4.2%, down from 4.3% in July.

The report is one of the most important indicators of the US economy and arrives at a vital time, as voters consider presidential candidates for the November election and the US central bank contemplates its first interest rate decrease in four years.

Analysts said the latest statistics kept the Federal Reserve on pace for a rate drop at its meeting this month, but did little to answer worries about the trajectory of the US economy or how much of a cut it should make.

“There has rarely been such a make-or-break number; unfortunately, today’s jobs report does not completely resolve the recession debate,” said Seema Shah, chief global strategist at Principal Asset Management.

Soaring prices in 2022 caused the Federal Reserve to hike its key lending rate to 5.3%, a nearly 20-year high.

Faced with increased borrowing costs for homes, vehicles, and other debt, the economy has slowed, helping to alleviate pressures that were boosting inflation but exacerbating market concerns.

As inflation has fallen to 2.9% in July, the Fed is under pressure to decrease interest rates to prevent additional economic deceleration.

Although job increases in August fell short of expectations, they were greater than in July, when a slowdown aroused anxieties and triggered several days of stock market volatility.

Last month, construction and health-care firms hired the most, while manufacturing and retailers laid off employees.

Ms Shah stated that the data in Friday’s report was mixed, but provided enough concerning indicators that the Fed should make a larger cut.

“On balance, with inflation pressures subdued, there is no reason for the Fed not to err on the side of caution and frontload rate cuts,” she told reporters.

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Others, however, felt the advances were just steady enough to warrant a 0.25 percentage point decrease, as markets had long projected – though this could signal more cuts than expected in the coming months.

Paul Ashworth, Capital Economics’ senior North America economist, predicted that the Fed’s decision will be “close run.”

“The labour market is clearly experiencing a marked slowdown,” he said, adding that the new statistics were “overall still consistent with an economy experiencing a soft landing rather than plummeting into recession”.

Concerns about the economy are a major issue in the US election.

According to polls, a majority of Americans feel the US is in a recession, despite healthy 2.5% growth last year.

Donald Trump has declared that the economy is headed for a “crash,” and his team instantly latched on the latest data to criticise Vice President Kamala Harris, publishing a press release titled “warning lights flash as Kamala’s economy continues to weaken.”

Democrats have defended their performance, claiming that the United States survived the pandemic and inflation better than many other countries.

They believe the slowdown is a sign that the economy is returning to a more sustainable rate of growth following the post-pandemic boom.

“Although hiring has slowed, the US job market continues to generate solid job gains and wage growth that is consistently beating inflation,” the White House Council of Economic Advisors stated in a blog.

 

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