INTERNACIONAL
Trump admin slashes over $2.2B in funding to Harvard after school defies demands
The Trump administration’s Joint Task Force to Combat Antisemitism announced it is freezing over $2 billion in multi-year grants and contracts to Harvard University in Massachusetts, after the school’s president released a statement saying the school would not comply with the administration’s demands regarding antisemitism.
«Harvard’s statement today reinforces the troubling entitlement mindset that is endemic in our nation’s most prestigious universities and colleges – that federal investment does not come with the responsibility to uphold civil rights laws,» the task force said. «The disruption of learning that has plagued campuses in recent years is unacceptable. The harassment of Jewish students is intolerable.
«It is time for elite universities to take the problem seriously and commit to meaningful change if they wish to continue receiving taxpayer support,» the statement continued. «The Joint Task Force to combat anti-Semitism is announcing a freeze on $2.2 billion in multi-year grants and $60M in multi-year contract value to Harvard University.»
The decision comes after Harvard University President Alan M. Garber said the school would not comply with the Trump administration’s demands, despite the possibility of the Ivy League school losing federal funding.
HARVARD WON’T COMPLY WITH TRUMP ADMIN’S DEMANDS AMID THREATS OF CUTTING FEDERAL FUNDING
The Trump admin froze over $2.2B in grants to Harvard. (AP)
In his letter, Garber said the federal government has threatened its partnerships with several universities, including Harvard, over accusations of antisemitism on their campuses.
He also noted that the Trump administration issued an updated and expanded list of demands, saying if the school plans to maintain a financial relationship with the federal government, it must comply.
«It makes clear that the intention is not to work with us to address antisemitism in a cooperative and constructive manner,» Garber wrote. «We have informed the administration through our legal counsel that we will not accept their proposed agreement.»
TRUMP ADMIN PAUSES $1B FROM CORNELL, $790M FROM NORTHWESTERN AMID CIVIL RIGHTS INVESTIGATION: REPORT
Harvard said it would not comply with the Trump administration’s demands. (AP Photo/Alex Brandon)
Rep. Elise Stefanik, R-N.Y., who graduated from Harvard in 2006, ripped the Ivy League school’s response, saying in part, «…Harvard University has rightfully earned its place as the epitome of the moral and academic rot in higher education.»
«Fueled by the radical groupthink Far Left faculty, inept University leadership, donations by foreign adversaries, and pro Hamas terrorists, Harvard has fully embraced and tolerated the raging antisemitism threatening the lives and physical safety of Jewish students on campus,» Stefanik said. «It is time to totally cut off U.S. taxpayer funding to this institution that has failed to live up to its founding motto Veritas. Defund Harvard.»
Massachusetts Gov. Maura Healey praised Harvard’s decision to not fold to the Trump administration.
DHS: DEPORTED BROWN UNIVERSITY DOCTOR ATTENDED HEZBOLLAH CHIEF’S FUNERAL, SUPPORTED TERROR LEADER
Gov. Maura Healey, D-Mass., praised Harvard. (Adam Glanzman/Bloomberg via Getty Images)
Specifically, she thanked Harvard and Garber for their leadership in standing up for education and freedom by standing against, what she called, the administration’s «brazen attempt to bully schools.»
«We all agree that antisemitism has no place in America and that it should be fought in the workplace, classrooms and everywhere,» Healey said. «Complying with the Trump Administration’s dangerous demands would have made us all less safe.»
President Donald Trump has suspended federal funding to every Ivy League, besides Penn and Dartmouth, over investigations into anti-Israel protests that have taken place on their campuses since October 2023. Funding for dozens of other universities has also been impacted by investigations for the same reason.
Earlier this month, a federal antisemitism task force announced a review of Harvard’s federal grants and contracts, worth nearly $9 billion, as the university faces an investigation into campus antisemitism.
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The Trump administration has promised to be more aggressive in ending campus antisemitism after saying President Joe Biden did not hold universities accountable for their violent protests.
The administration has also made moves to detain and deport foreign students who participated in or orchestrated anti-Israel protests at American universities.
Fox News Digital’s Elizabeth Pritchett and The Associated Press contributed to this report.
Massachusetts,College,Donald Trump,Antisemitism Exposed
The Supreme Court of the United Kingdom unanimously ruled Wednesday that a woman is someone born biologically female, a move that now excludes transgender women from the legal definition of a woman.
Trans women can be excluded from some single-sex spaces and groups under the U.K. Equality Act, the five judges of the top court ruled. These spaces and groups include changing rooms, homeless shelters, swimming areas and medical or counseling services provided only to women.
The ruling means that even a transgender person with a certificate that recognizes them as female should not be considered a woman for equality purposes.
But Justice Patrick Hodge said its ruling «does not remove protection from trans people,» who are «protected from discrimination on the ground of gender reassignment.»
TRANSGENDER ACTIVIST CLAIMS ‘SCIENCE IS ON OUR SIDE’ WHILE PUSHING DEMOCRATS TO FIGHT BACK ON THE ISSUE
Women’s rights activists celebrate the ruling outside the Supreme Court in London on Wednesday. (AP Photo/Kin Cheung)
«Interpreting ‘sex’ as certificated sex would cut across the definitions of ‘man’ and ‘woman’ … and, thus, the protected characteristic of sex in an incoherent way,» Hodge said. «It would create heterogeneous groupings.»
Women’s rights groups celebrated the ruling outside the court.
The U.K. Supreme Court unanimously ruled Wednesday that a woman is someone born biologically female. (AP Photo/Kin Cheung)
«Everyone knows what sex is and you can’t change it,» said Susan Smith, co-director of For Women Scotland, which brought the case. «It’s common sense, basic common sense and the fact that we have been down a rabbit hole where people have tried to deny science and to deny reality and hopefully this will now see us back to, back to reality.»
Women’s rights activists hold signs outside the Supreme Court amid a challenge to gender recognition laws in London on Wednesday. (AP Photo/Kin Cheung)
FEDERAL JUDGE RULES AGAINST PARENTS SEEKING TO PROTEST TRANSGENDER ATHLETES WITH WRISTBAND
Hannah Ford, an employment lawyer, said that while the judgment will provide clarity on the controversial issue in the U.K., it would be a setback for transgender rights and there would be «an uphill battle» to ensure workplaces are welcoming places for trans people.
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«This will be really wounding for the trans community,» Ford told Sky News.
The Associated Press contributed to this report.
INTERNACIONAL
Wall Street sufre bajas por las nuevas medidas comerciales que afectan al sector tecnológico
Wall Street, las bolsas europeas y asiáticas experimentaron retrocesos generalizados el miércoles tras el anuncio de nuevas restricciones comerciales impuestas por el gobierno estadounidense sobre las exportaciones de chips clave de Nvidia hacia China, en lo que constituye el más reciente episodio de tensiones comerciales entre las dos mayores economías del mundo.
Nvidia informó a los reguladores que estas nuevas restricciones representarán un impacto financiero estimado en 5.500 millones de dólares para el trimestre en curso, debido a la imposición de un requisito de licencia para exportar sus chips de inteligencia artificial H20 a China. La empresa comunicó que las restricciones se extienden a circuitos integrados H20 y otros de ancho de banda similar, que estarán sujetos a requisitos de licencia por un “futuro indefinido”.
Las acciones estadounidenses cayeron considerablemente el miércoles ante la noticia, mientras los inversores intentaban asimilar la incertidumbre generada por la política comercial del presidente Trump.
El índice de referencia S&P 500 registraba una caída del 0,9%, mientras que el índice tecnológico Nasdaq Composite se desplomaron un 1,8%, liderando las pérdidas. Eel índice Dow Jones también oscila por debajo de la línea plana.
Las acciones de Nvidia fueron las más afectadas, con un desplome superior al 7%, tras revelarse las nuevas restricciones a sus exportaciones de chips.
Las acciones del fabricante de chips rival AMD cayeron un 6,5%.
Según la documentación presentada ante los organismos reguladores, el gobierno estadounidense justificó los controles como una medida para evitar que estos productos “puedan ser utilizados en, o desviados a, superordenadores en China”, reflejando la creciente preocupación de Washington por el avance tecnológico del país asiático en sectores estratégicos.
“Nvidia dejó caer el micrófono, revelando nuevas restricciones a la exportación de equipos de IA con destino a China”, comentó Stephen Innes, analista de SPI Asset Management, quien añadió: “Bienvenidos a la nueva normalidad: un paso adelante, dos sondeos arancelarios atrás”.
Este movimiento se produjo apenas días después de que Nvidia anunciara su intención de comenzar a producir superordenadores de inteligencia artificial en Estados Unidos por primera vez, una decisión que ahora adquiere nuevos matices estratégicos a la luz de estas restricciones comerciales.
Las restricciones a Nvidia no representan un hecho aislado en la creciente disputa comercial entre Estados Unidos y China. Trump también ha iniciado una investigación que podría derivar en la imposición de aranceles a minerales críticos como las tierras raras, elementos utilizados en una amplia gama de productos tecnológicos, desde teléfonos inteligentes hasta turbinas eólicas y motores de vehículos eléctricos.
Estos movimientos han intensificado las tensiones ya existentes entre ambas potencias. China respondió el miércoles indicando que los gravámenes estadounidenses están ejerciendo presión sobre su economía, aunque los datos oficiales mostraron un crecimiento superior al esperado durante el primer trimestre. Beijing exhortó a Washington a “dejar de amenazar y chantajear”.
Como señal de la escalada de tensiones, el servicio postal de Hong Kong decidió suspender el envío de mercancías a Estados Unidos, describiéndolo como respuesta a los gravámenes “intimidatorios” impuestos por Washington.
Los mercados financieros reaccionaron con cautela ante este nuevo capítulo de tensiones comerciales. Después de un par de días relativamente tranquilos tras las turbulencias arancelarias de la semana pasada, los inversores adoptaron nuevamente una postura defensiva.
En Europa, el índice de referencia londinense FTSE 100 cerró con una subida moderada del 0,3%, ya que los datos oficiales mostraron que la inflación británica se ralentizó más de lo esperado en marzo.
Frankfurt también cerró con una subida del 0,3%, pero París cayó casi un 0,1%.
Las acciones del gigante tecnológico holandés ASML, que fabrica máquinas para producir semiconductores, cayeron más de un cinco por ciento, ya que sus reservas netas se situaron por debajo de las expectativas.
Según David Morrison, analista de Trade Nation, el decepcionante informe de resultados de ASML “no ha hecho más que agravar las preocupaciones del sector tecnológico”.
En Asia, el impacto fue más pronunciado. El índice Nikkei 225 de Tokio bajó un 1,0%, cerrando en 33.920,40 puntos, mientras que el Hang Seng de Hong Kong se desplomó un 1,9%, finalizando en 21.056,98 puntos. El índice compuesto de Shanghái fue uno de los pocos que logró mantenerse en terreno positivo, con un modesto incremento del 0,3%.
Los gigantes tecnológicos asiáticos también registraron grandes caídas. Las acciones del fabricante de equipos de pruebas Advantest cayeron un 6,7% en Tokio, Disco Corp. perdió un 7,6% y la taiwanesa TSMC, un 2,4%.
El dólar volvió a caer frente a sus principales rivales.
Los rendimientos de las letras del Tesoro a 10 años se redujeron, pero siguen siendo elevados tras la venta masiva de la semana pasada, que suscitó dudas sobre el valor refugio de los bonos estadounidenses.
El oro alcanzó un récord de 3.317,75 dólares la onza, antes de ceder terreno.
Los precios del petróleo subieron casi un dos por ciento tras las fuertes caídas registradas recientemente por el temor a que los aranceles frenen el crecimiento económico mundial.
ai,business news,east asian,industries,japanese
EXCLUSIVE: Successfully ridding the U.S. of the effects of Mexico’s criminal cartels operating along the southwestern border would be a 20-year ordeal, Rep. Dan Crenshaw, R-Texas, said – but argued Congress could begin having an impact in a matter of weeks to months.
«Look, there’s places we can boost right now to help the administration – the administration is refocusing a lot of efforts, especially in the [Department of Defense (DOD)], on the cartel situation, but there’s no extra money for that. That is something we could produce in reconciliation,» Crenshaw told Fox News Digital.
«I already know what programs need to be boosted, I just need to know the numbers. And that will come from [the Office of Management and Budget] that’ll come from the Department of Homeland Security, it’ll come from the DOD, it’ll come from [Department of Justice]. And so over the next couple of weeks, even while we’re in recess, we’re working on getting those numbers.»
TWO VENEZUELAN ILLEGAL ALIENS CHARGED WITH KIDNAPPING, TORTURING, ATTEMPTING TO KILL WASHINGTON STATE WOMAN
Rep. Dan Crenshaw is leading a new task force to back up the Trump administration’s fight against Mexican drug cartels. (AP/Getty/ Pfc. Dominic Atlas)
Fox News Digital spoke with Crenshaw days after he was tapped to lead a new task force on combating Mexico’s drug cartels. It’s operating under the House permanent select committee on intelligence, which Crenshaw sits on.
He said it differs from his initiative last year, a similar task force, albeit with few resources to execute his goals, according to the congressman.
«Last year’s cartel task force didn’t have any staff. We were a series of members conducting hearings, investigations,» Crenshaw said. «I think we’re past that stage at the moment. Now, what I lead is really the House’s effort to actually create some legislation to combat the cartels.»
He added that the intelligence panel was «the right place for it» given «a lot of the work we do is classified.»
«So the goal here is to actually get some outcomes as opposed to continuing more hearings, continuing more investigation. I’ve got a pretty good outline of what needs to happen. We’ve got President Trump in the White House now, who wants to make it happen,» Crenshaw said.
«Another huge difference between now and last year is we have a Mexican administration under President Sheinbaum, who also wants to make it happen and take the fight to the cartels.»
The initials of the drug cartel Jalisco Nueva Generacion (CJNG) are seen in graffiti on a wall in Lagos de Moreno, Mexico, on Aug. 29, 2023. (Ulises Ruiz/AFP via Getty Images)
That fight would largely be a two-phase approach, Crenshaw explained. The first would be funding, while the second would entail «additional authorities and laws that need to be changed» to combat what the Texas congressman likened to «a terrorist insurgency» within the U.S.’ close neighbor and trading partner.
«That means boosting up certain funding lines in existing authorities, especially places like the Department of Defense. You know, NORTHCOM owns this area of operation when it comes to Canada, the U.S. and Mexico. They’re going to need extra resources because we’re going to need to do a lot more training on Mexican special forces,» he said.
Crenshaw called for sending military-grade gear to forces at the border, including Blackhawk helicopters, and bolstering reconnaissance and intelligence-gathering efforts.
PAM BONDI CALLS OUT ‘DETACHED FROM REALITY’ DEMS FOR DEMANDING ALLEGED MS-13 GANG MEMBER BE RETURNED TO US
«Things they really don’t have and that currently cause them to be outgunned by these pretty massive militias that have unlimited funding and are ruthless in the way that they terrorize the Mexican population,» Crenshaw explained. «So there’s a lot to do there.»
He’s hoping the funding can largely be allocated through the budget reconciliation process, a means for Republicans to pass a massive conservative policy overhaul while totally sidelining Democrats.
They can do so because reconciliation brings the Senate’s passage threshold down from 60 votes to 51, provided the legislation deals with taxation, spending or the national debt.
Soldiers patrol the streets of Aguililla, Mexico, on March 11, 2022, after violent cartel activity. (Getty Images)
Republicans are looking to increase funding for President Donald Trump’s border initiatives, but it’s not immediately clear what shape that will take.
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The contours of that plan will become clear in the next several weeks, with lawmakers returning from a two-week recess at the end of this month.
But House Speaker Mike Johnson, R-La., said his full faith was in Crenshaw to execute the task force’s goals.
«Now it is the responsibility of Congress to ensure this good work can continue by providing the President with the tools he needs to dismantle the drug cartels for good,» Johnson said in a statement. «No one has worked harder on this important issue than Congressman Crenshaw, and I am grateful he is willing to continue leading at this pivotal time.»
House Of Representatives,Border security,Republicans,Trump’s First 100 Days,Politics
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