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Trump is named Time’s Person of the Year, will ring the New York Stock Exchange bell

Trump is named Time’s Person of the Year, will ring the New York Stock Exchange bell
A cover of Time magazine's person of the year, shows President-elect Donald Trump, before a ceremony at the New York Stock Exchange on Dec. 12, 2024, in New York. (AP)
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Updated 12 December 2024
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Trump is named Time’s Person of the Year, will ring the New York Stock Exchange bell

Trump is named Time’s Person of the Year, will ring the New York Stock Exchange bell
  • Honors for the businessman-turned-politician represent the latest chapter in his love-hate relationship with New York
  • Donald Trump was also Time’s Person of the Year in 2016, when he was first elected to the White House
Updated 12 December 2024
AP
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NEW YORK: About six months ago, Donald Trump was sitting in a courtroom in lower Manhattan listening to a jury make him the first former president convicted of a crime.
On Thursday, he will ring the opening bell at the New York Stock Exchange just blocks from that courthouse and as he was recognized by Time magazine as its person of the year.
The honors for the businessman-turned-politician represent the latest chapter in his love-hate relationship with New York. They’re also a measure of Trump’s remarkable comeback from an ostracized former president who refused to accept his election loss four years ago to a president-elect who won the White House decisively in November.
Sam Jacobs, Time’s editor in chief, announced on NBC’s “Today” show on Thursday morning that Trump was Time’s 2024 Person of the Year. Jacobs said Trump was someone who “for better or for worse, had the most influence on the news in 2024.”
Trump is expected to be on Wall Street to mark the ceremonial start of the day’s trading, according to four people with knowledge of his plans who were not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity.
Trump was also Time’s Person of the Year in 2016, when he was first elected to the White House. He was listed as a finalist for this year’s award alongside notables including Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu and Kate, the Princess of Wales.
The NYSE regularly invites celebrities and business leaders to participate in the 9:30 a.m. ceremonial opening trading. Thursday will be Trump’s first time doing the honors, which have become a marker of culture and politics.
Last year, Time CEO Jessica Sibley rang the NYSE opening bell to unveil the magazine’s 2023 Person of the Year: Taylor Swift.
During Trump’s first term, his wife, Melania Trump, rang the bell to promote her “Be Best” initiative on children’s well-being.
Donald Trump’s trip to New York from his adopted home of Florida to sound the call of capitalism in the mecca of finance tops a string of visits that the former president has made to various spots in the city this year.
Outside of his required presence in a downtown courthouse for his trial, Trump, who is always attuned to the art of a photo op, held campaign events around the city: at a firehouse, a bodega and a construction site. He also held a rally in the Bronx, among the places in the city where Trump made inroads during the election.
To mark the final stretch of his campaign, he held a high-octane rally at Madison Square Garden, which drew immediate blowback after speakers there made rude and racist insults and incendiary remarks.
Trump has long had a fascination with being on the cover of Time, where he first made an appearance in 1989. He has falsely claimed to hold the record for cover appearances, and The Washington Post reported in 2017 that Trump had a fake picture of himself on the cover of the magazine hanging in several of his golf country clubs.
Trump crafted his image as a wealthy real estate developer, which he played up as the star of the TV reality show “The Apprentice” and during his presidential campaign. He won the election in part by channeling Americans’ anxieties about the economy’s ability to provide for the middle class.
After the Nov. 5 election, the S&P 500 rallied 2.5 percent for its best day in nearly two years. The Dow Jones Industrial Average surged 1,508 points, or 3.6 percent, while the Nasdaq composite jumped 3 percent. All three indexes topped records they had set in previous weeks.
Trump, who often regards the stock market as a measure of public support, has said his coming term as president should be dated to the day after the election so he is credited for the gains.
Trump’s campaign promises have included pledges to deliver historic levels of economic growth, and the people he’s selecting to fill out his incoming administration skew heavily from the business sector.
The larger business community has applauded his promises to reduce corporate taxes and cut regulations. But there are also concerns about his stated plans to impose broad tariffs and possibly target companies that he sees as not aligning with his own political interests.
The US stock market has historically tended to rise regardless of which party wins the White House, with Democrats scoring bigger average gains since 1945. But Republican control could mean big shifts in the winning and losing industries underneath the surface, and investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean.
In light of his election win, his lawyers have sought to have his conviction in the Manhattan case be thrown out.

Topics: Trump Returns Donald Trump Person of the Year

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Trump booed and cheered at the Kennedy Center while attending ‘Les Misérables’

Trump booed and cheered at the Kennedy Center while attending ‘Les Misérables’
Updated 12 June 2025
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Trump booed and cheered at the Kennedy Center while attending ‘Les Misérables’

Trump booed and cheered at the Kennedy Center while attending ‘Les Misérables’
Updated 12 June 2025
AP

WASHINGTON: A tuxedo-wearing President Donald Trump was booed and cheered as he took his seat for the opening night of “Les Misérables” at the Kennedy Center, bringing his own dose of political drama to the theatrical production that was unfolding onstage.
It was his first time attending a show there since becoming president, reflecting his focus on remaking the institution in his image while asserting more control over the country’s cultural landscape.
“We want to bring it back, and we want to bring it back better than ever,” Trump said while walking down the red carpet with first lady Melania Trump.
The Republican president has a particular affection for “Les Misérables,” the sprawling musical set in 19th-century France, and has occasionally played its songs at his events. One of them, “Do You Hear the People Sing?,” is a revolutionary rallying cry inspired by the 1832 rebellion against the French king.
California Gov. Gavin Newsom noted Trump’s attendance at the musical and posted on social media, “Someone explain the plot to him.” Newsom, a Democrat, has been feuding with Trump over the president’s decision to send National Guard troops to respond to protests in Los Angeles over his deportation policies.
Opening night had a MAGA-does-Broadway feel. Ric Grenell, the Trump-appointed interim leader of the Kennedy Center, stood nearby as the president spoke to reporters. Attorney General Pam Bondi chatted with other guests. Health and Human Services Secretary Robert F. Kennedy Jr. took selfies with attendees. Vice President JD Vance and his wife, Usha, were also there.
There were more precautions than usual, given the guest list, and ticketholders had their bags searched after walking through magnetometers. Canned soda was on sale for $8, while a glass of wine cost $19.
Terry Gee, a bartender, bought his ticket for the show in November and didn’t mind Trump’s presence. It’s his sixth time seeing “Les Misérables,” and he said, “I’m going to enjoy the show regardless.”
Hannah Watkins, a nurse, only learned that Trump would be there when the Kennedy Center distributed information about extra security and she searched online to see what was happening.
“I’ve seen a lot of famous people so far, which is exciting,” said Watkins, who had claimed a spot near the VIP entrance with her mother. “Honestly, we just like ‘Les Mis’ and are excited to be here.”
However, when the lights went down and the show began, there were empty seats in the balconies and even in the orchestra section.
Before Trump, presidential involvement in the Kennedy Center’s affairs had been limited to naming members to the board of trustees and attending the taping of its annual honors program in the fall.
But after returning to office in January, Trump stunned the arts world by firing the Kennedy Center’s longtime director and board and replacing them with loyalists, who then named him as chairman. Trump promised to overhaul its programming, management and even appearance as part of an effort to put his stamp on the national arts scene.
His latest moves have upset some of the center’s patrons and performers.
In March, the audience booed the Vances after they slipped into upper-level seats to hear the National Symphony Orchestra. Trump appointed Usha Vance to the Kennedy Center board along with Bondi, White House chief of staff Susie Wiles and Fox News Channel hosts Maria Bartiromo and Laura Ingraham, among other supporters.
Sales of subscription packages are said to have declined since Trump’s takeover, and several touring productions, including “Hamilton,” have canceled planned runs at the center. Actor Issa Rae and musician Rhiannon Giddens scrapped scheduled appearances, and Kennedy Center consultants including musician Ben Folds and singer Renée Fleming resigned.
Understudies may have performed in some roles Wednesday night because of boycotts by “Les Misérables” cast members, but Trump said he wasn’t bothered by anyone skipping the performance.
“I couldn’t care less,” he said.
Since returning to the White House in January, Trump has adopted a more aggressive posture toward the arts. The White House has taken steps to cancel millions of dollars in previously awarded federal humanities grants to arts and culture groups, and Trump’s budget blueprint proposed eliminating the National Endowment for the Arts and the National Endowment for the Humanities.
Trump has also targeted Smithsonian museums by signing executive orders to restrict their funding and by attempting to fire the director of the National Portrait Gallery.
Trump characterized previous programming at the Kennedy Center as “out of control with rampant political propaganda” and said it featured “some very inappropriate shows,” including a “Marxist anti-police performance” and “lesbian-only Shakespeare.”
The Kennedy Center, which is supported by government money and private donations, opened in 1971 and for decades has been seen as an apolitical celebration of the arts.
It was first conceived in the late 1950s during the administration of Republican President Dwight Eisenhower, who backed a bill from the Democratic-led Congress calling for a National Culture Center. In the early 1960s, Democratic President John F. Kennedy launched a fundraising initiative, and his successor, President Lyndon B. Johnson, signed into law a 1964 bill renaming the project the John F. Kennedy Memorial Center for the Performing Arts. Kennedy had been assassinated the year before.

Topics: Trump Returns

Social media fueling ‘devastating’ kids’ mental health crisis: NGO

Social media fueling ‘devastating’ kids’ mental health crisis: NGO
Updated 13 June 2025
AFP
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Social media fueling ‘devastating’ kids’ mental health crisis: NGO

Social media fueling ‘devastating’ kids’ mental health crisis: NGO
  • The KidsRights report said one in seven children and adolescents aged between 10 and 19 suffered mental health issues
Updated 13 June 2025
AFP

AMESTERDAM: The “unchecked expansion” of social media platforms is driving an unprecedented global mental health crisis in kids and teens, a children’s NGO said Wednesday, calling for urgent coordinated action worldwide.
The KidsRights report said one in seven children and adolescents aged between 10 and 19 suffered mental health issues, with the global suicide rate at six per 100,000 for those aged 15-19.
Even these high rates represent “the tip of the iceberg” as suicide is widely under-reported due to stigma, according to the Amsterdam-based group.
“This year’s report is a wake-up call that we cannot ignore any longer” said Marc Dullaert, KidsRights chairman.
“The mental health... crisis among our children has reached a tipping point, exacerbated by the unchecked expansion of social media platforms that prioritize engagement over child safety,” he added.
The report said what it termed “problematic” social media use was on the rise, with a direct link between heavy Internet use and suicide attempts.
However, blanket bans are not the answer, the group warned.
Australia passed a law to ban social media use for under-16s.
“Such blanket bans may infringe on children’s civil and political rights,” including access to information, said the report.
The group urged “comprehensive child rights impact assessments” at a global level for social media platforms, better education for kids, and improved training for mental health professionals.
The report seized on the popularity of Netflix sensation “Adolescence,” which highlighted some of the toxic content kids view online.
The mini-series “demonstrated global awareness of these issues, but awareness alone is insufficient,” said Dullaert.
“We need concrete action to ensure that the digital revolution serves to enhance, not endanger, the wellbeing of the world’s 2.2 billion children,” he said. “The time for half-measures is over.”

(L-R) Jenelle Riley, Stephen Graham, Jack Thorne, Owen Cooper, Erin Doherty, Ashley Walters, Shaheen Baig, James Drake, Aaron May, and David Ridley are seen onstage during Netflix's FYSEE ADOLESCENCE ATAS Official at Saban Theatre on May 27, 2025 in Beverly Hills, California. (AFP)

 

Topics: children Internet technology Health

Monsoon-loving Indian expats chase rain in UAE desert

Monsoon-loving Indian expats chase rain in UAE desert
Updated 11 June 2025
AFP
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Monsoon-loving Indian expats chase rain in UAE desert

Monsoon-loving Indian expats chase rain in UAE desert
  • After Muhammed Sajjad moved from India to the United Arab Emirates a decade ago, he missed his native Kerala’s monsoon season, so he embarked on an unlikely quest: finding rain in the desert
Updated 11 June 2025
AFP

SHARJAH: After Muhammed Sajjad moved from India to the United Arab Emirates a decade ago, he missed his native Kerala’s monsoon season, so he embarked on an unlikely quest: finding rain in the desert.
Using satellite imagery, weather data and other high-tech tools, the amateur meteorologist tracks potential rainfall spots across the desert country and, along with other Indians nostalgic for the monsoon season, chases the clouds in search of rain.
“When I came to UAE in 2015, in August, it... was peak monsoon time” in Kerala, the 35-year-old estate agent told AFP, adding that he had struggled to adjust to the change of climate.
“So I started to search about the rainy condition in UAE and I came to know that there is rain happening in UAE during peak summer,” he said, adding: “I started to explore the possibility to chase the rain, enjoy the rain.”
Each week, he forecasts when and where rain might fall and posts a suggested rendezvous to the 130,000 followers of his “UAE Weatherman” page on Instagram.
He regularly posts footage of his rain expeditions out into the desert, hoping to bring together “all rain lovers who miss rain.”
Last weekend, he headed out into the desert from Sharjah at the head of a convoy of about 100 vehicles.
But nothing is certain. The rain “may happen, it may not happen,” Sajjad said. But when it does, “it is an amazing moment.”


After driving in the desert for hours, the group arrived at the designated spot just as a downpour started.
The rain lovers leapt out of their vehicles, their faces beaming as the rain droplets streamed down their cheeks in a rare reminder of home.
“They feel nostalgic,” Sajjad said proudly.
Most UAE residents are foreigners, among them some 3.5 million Indians who make up the Gulf country’s largest expatriate community.
Despite the use of advanced cloud-seeding technology, the UAE has an average yearly rainfall of just 50 to 100 milliliters.
Most of it falls during short but intense winter storms.
“While long-term averages remain low, the frequency and intensity of extreme weather events has been increasing and is due to global warming,” said Diana Francis, a climate scientist who teaches at Khalifa University in Abu Dhabi.
In the summer, the country often gets less than five milliliters of rain, she said, usually falling away from the coastal areas where most of the population lives.
So rain-seekers must drive deep into the desert interior to have a chance of success.
An Indian expatriate, who gave her name only as Anagha and was on her first expedition into the desert last weekend, said she was “excited to see the rain.”
“All of my family and friends are enjoying good rain and good climate and we are living here in the hot sun,” she said.
The UAE endured its hottest April on record this year.
By contrast, April last year saw the UAE’s heaviest rains in 75 years, which saw 259.5 mm of rainfall in a single day.
Four people died and the commercial hub of Dubai was paralyzed for several days. Scientists of the World Weather Attribution network said the intense rains were “most likely” exacerbated by global warming.
“We couldn’t enjoy it because it was flooded all over UAE,” Anagha said. “This time we are going to see... rain coming to us in the desert.”

Topics: India UAE rain monsoon

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Nintendo says sold record 3.5m Switch 2 consoles in first four days

Nintendo says sold record 3.5m Switch 2 consoles in first four days
Updated 11 June 2025
AFP
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Nintendo says sold record 3.5m Switch 2 consoles in first four days

Nintendo says sold record 3.5m Switch 2 consoles in first four days
  • The Switch 2 costs $449.99 in the United States, compared to a launch price of $299.99 for the original Switch
Updated 11 June 2025
AFP

TOKYO: Nintendo said Wednesday it had sold a record 3.5 million Switch 2 units worldwide in the first four days after the console was launched.
“This is the highest global sales level for any Nintendo hardware within the first four days,” the Japanese video game giant said in a statement.
Featuring a bigger screen and more processing power, the Switch 2 is an upgrade to Nintendo’s blockbuster Switch console.
It was released last Thursday to a global swell of fan excitement that included sold-out pre-orders and midnight store openings.
Since its 2017 launch, the original Switch — which enjoyed a popularity boost during the pandemic with hit games such as “Animal Crossing” — has sold 152 million units.
That makes it the third best-selling console of all time.
Analysts predicted last week that Nintendo could score record early sales with the Switch 2 — but it remains to be seen if it can match the performance of its predecessor.
Challenges for Nintendo include uncertainty over US trade tariffs and whether it can convince enough people to pay the high price for its new device.
The Switch 2 costs $449.99 in the United States, compared to a launch price of $299.99 for the original Switch.
Both are hybrid consoles which can connect to a TV or be played on the go.
New games such as “Donkey Kong Bananza” and “Mario Kart World” — which allow players to go exploring off-grid — are also more expensive than existing Switch titles.
Nintendo forecasts it will sell 15 million Switch 2 consoles in the current financial year, roughly equal to the original in the same period after its release.
The Switch 2 “is priced relatively high” compared to its predecessor, so it “will not be easy” to keep initial momentum going, the company’s president Shuntaro Furukawa said at a financial results briefing in May.
The Switch 2 has eight times the memory of the first Switch, and its controllers, which attach with magnets, can also be used like a desktop computer mouse.
New functions allowing users to chat as they play online and temporarily share games with friends could also be a big draw for young audiences used to watching game streamers.
Success is crucial for Nintendo: while the “Super Mario” maker is diversifying into theme parks and hit movies, around 90 percent of its revenue still comes from the Switch business, analysts say.

Topics: Nintendo

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K-pop stars Jimin and Jung Kook of BTS discharged from military service as band’s reunion nears

K-pop stars Jimin and Jung Kook of BTS discharged from military service as band’s reunion nears
Updated 11 June 2025
AFP
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K-pop stars Jimin and Jung Kook of BTS discharged from military service as band’s reunion nears

K-pop stars Jimin and Jung Kook of BTS discharged from military service as band’s reunion nears
  • BTS temporarily disbanded in 2022 for its members to render 18-21 months of military service, as required by South Korean law
  • The 7-member world-famous supergroup plan to reunite sometime in 2025 after they all finish their service
Updated 11 June 2025
AFP AP

YEONCHEON, South Korea:  Two more BTS members were released from South Korean military service Wednesday, bringing the K-pop supergroup closer to a reunion as they promised fans a “better version” of themselves soon.

Jimin and Jung Kook are the latest and final members of supergroup to be discharged from South Korea’s mandatory military service.

The septuplet BTS, South Korea’s most lucrative musical act, has been on a self-described hiatus since 2022 while its members separately completed their military service, which is mandatory in the South for all men under 30.

The pair wore their military uniforms Wednesday, saluted and addressed fans who had assembled to see the pair after their discharge.
Jung Kook thanked the journalists and fans who traveled to see him and Jimin after their discharge and acknowledged how different it was to be back in the spotlight. “Actually, it’s been so long since I’ve been in front of cameras, and I didn’t even put on makeup, so I’m a bit embarrassed,” he said. “I don’t know what to say.”

They enlisted in December 2023, one day after RM and V did the same. The latter were discharged on Tuesday. They saluted upon their release Tuesday in Chuncheon City as about 200 fans, some of whom traveled from Mexico, Turkiye and Brazil, cheered.
V thanked fans Tuesday for their patience in waiting for him and RM’s return and teased the band’s reunion. “If you can just wait a little bit longer, we will return with a really amazing performance.”
The seven singers of the popular K-pop band plan to reunite as a group sometime in 2025 after they finish their service.

Six of the group’s seven members served in the army, while Suga is fulfilling his duty as a social service agent, an alternative form of military service. He will be discharged later this month.
Jin, the oldest member of K-pop supergroup BTS, was discharged in June 2024. J-Hope was discharged in October.
In South Korea, all able-bodied men aged 18 to 28 are required by law to perform 18-21 months of military service under a conscription system meant to deter aggression from rival North Korea.
The law gives special exemptions to athletes, classical and traditional musicians, and ballet and other dancers if they have obtained top prizes in certain competitions and are assessed to have enhanced national prestige. K-pop stars and other entertainers aren’t subject to such privileges.
However, in 2020, BTS postponed their service until age 30 after South Korea’s National Assembly revised its Military Service Act, allowing K-pop stars to delay their enlistment until age 30.
There was heated public debate in 2022 over whether to offer special exemptions of mandatory military service for BTS members, until the group’s management agency announced in October 2022 that all seven members would fulfill their duties.

Promise of a “better version”

More than a thousand fans gathered at the site of a press conference near the two army bases where singer Jimin — whose solo single “Who” holds the record for longest-running K-pop song on the Billboard Hot 100 — and singer Jungkook were discharged.
With so many people assembled to greet the music icons, the networks were overloaded and some broadcasters experienced satellite disruptions.

Fans of K-pop boy band BTS hold a banner while seated with other fans at an outdoor sporting facility in Chuncheon on June 10, 2025. (AFP)

When the members started to speak, their voices were often drowned out by the deafening cheers and joyful screams from the crowd.
“Thank you so much for waiting for us all this time,” Jungkook said.
“Now that we’ve been discharged, I believe it’s time for us to keep drawing the picture we’ve always envisioned. We’ll make sure to prepare well and show you an even better version of ourselves.”
Jimin said the military “wasn’t an easy place.”
“Still, I carry with me many meaningful memories, and I’ll hold on to them for a long time,” said the 29-year-old.
“After experiencing military life firsthand, I can say it truly isn’t easy... if you happen to pass by a soldier, even a small word of kindness would mean the world to them,” he added.

Streets in the area were decorated with colorful lampposts and banners.
One read, “Jungkook’s voice, back to the world,” while another read, “Jimin! Now that you’re discharged, how about a world tour?“
Giant banners floated in the sky alongside balloons, with one reading: “We missed you, Jungkook!“
 

Fans of K-pop boy band BTS wait for members Jimin and Jungkook at an outdoor sporting facility in Yeoncheon on June 11, 2025, shortly before their release from 18 months of South Korean military service. (AFP)

“Extremely positive news”

Delighted fans from around the world had gathered as early as 3 a.m., hoping to catch a glimpse of their idols.
“I think I’m gonna cry,” Anaisa Silva, 30, a hotel receptionist from Portugal, told AFP.
“I am an ARMY of nine years and this is the first time I’m seeing them,” she said, referring to BTS’s fandom by its official name.
“We couldn’t sleep!” said Rosie Tanquilut, a 64-year-old fan from the Philippines.
“We’ve been counting the days since they entered military,” she added.
All the band members signed new contracts with their agency HYBE in 2023, and once SUGA is released on June 21, analysts expect profit-driving reunion activities.
The news of the members’ discharge is “extremely positive news” for the K-pop industry, Yoo Sung-man, an analyst at Leading Investment and Securities, told AFP.
“Given the long military hiatus for the full group, this upcoming comeback is expected to have a massive global impact across all fronts — music streaming, album sales, and concerts,” Yoo added.
Prior to their mandatory military service, the boy band generated more than 5.5 trillion won ($4 billion) in yearly economic impact, according to the Korea Culture and Tourism Institute.
That accounts for roughly 0.2 percent of South Korea’s total GDP, according to official data.
HYBE has hinted at a BTS comeback this year, but has also said the members “need time for reflection and preparation.”
On Friday, the band marks the 12th anniversary of its debut, with the HYBE headquarters in Seoul wrapped with the slogan “WE ARE BACK” and thousands of fans set to descend on the city for celebrations.
Faces of the boy band were seen in giant billboards across Seoul, while numerous buses covered with their images welcomed the members back to civilian life.
 

Topics: South Korea BTS K-pop band

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