Monday 15 February 2021

Monday Briefing: With Trump impeachment trial over, Washington grapples with divisions

Today's Top Stories

Washington grapples with divisions, Nigeria's Okonjo-Iweala to be named as WTO chief and Elon Musk's latest Dogecoin tweet

It is still Donald Trump’s Republican Party - at least for now.

The former president’s acquittal on charges of inciting a deadly attack on the Capitol left Democrats and Republicans deeply divided on Sunday.

After the verdict, a fractured Republican party was battling over the way forward, with some senators who voted to convict facing a swift backlash in their home states.

The head of the CDC said it is “absolutely” too soon to lift mask mandates, citing daily COVID-19 case numbers that despite recent declines remain more than double the levels seen last summer.

Microsoft President Brad Smith said a hacking campaign that used SolarWinds as a springboard to compromise a raft of U.S. government agencies is "the largest and most sophisticated attack the world has ever seen."

Ice storms knocked out nearly half the wind-power generating capacity of Texas as a rare deep freeze across the state locked up turbine towers while driving electricity demand to record levels, the state’s grid operator reported.

World

Protesters in Myanmar kept up demands for the release of ousted leader Aung San Suu Kyi and an end to military rule though crowds were smaller after the junta deployed armored vehicles and more soldiers on the streets.

Indian opposition politicians and activists condemned the arrest of 22-year-old climate activist Disha Ravi accused of helping to edit and distribute a document by Swedish environmental activist Greta Thunberg that promoted farmer protests.

Argentina's flamboyant former President Carlos Menem died on Sunday at age 90 after battling long-term health problems, the country’s current President Alberto Fernandez announced in a tweet.

Syria’s army said the country’s air defenses had intercepted “Israeli aggression” over the capital, Damascus, in the latest stepped-up bombing of Iranian targets inside the country over the last two months.

Business

Three months after the Trump administration rejected her, former Nigerian finance minister Ngozi Okonjo-Iweala is set to become the first woman and first African director-general of the World Trade Organization.

Elon Musk said that he supports major holders of the meme-based digital currency Dogecoin selling most of their coins, adding that he felt too much concentration in Dogecoin was the “real issue.”

Bitcoin stalled just short of the $50,000 mark and other cryptocurrencies slipped, as investors took profit from a record-breaking rally that is being driven by a worldwide shift in investor and public attitudes.

The Bank of Italy said a set of experimental indicators it created from the content of millions of tweets accurately tracked consumer mood on price, offering scope for a powerful new monetary policy tool.

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