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XRP price has lost the momentum it had late last year. Ripple has remained in a wide range between the crucial support at $2 and the resistance point at $3.40 this year. It is not moving in a well-defined trend and has formed the risky head and shoulders chart pattern. This article looks at some of the top catalysts that may affect the XRP price in the near term.

Ripple vs. SEC case

The first major catalyst that may push the XRP price higher is a potential settlement between Ripple Labs and the Securities and Exchange Commission (SEC).

This settlement stems from a case that started in 2020 when the SEC accused Ripple Labs of crimes stemming from it 2013 token sale. The agency sought a $2 billion fine from the company.

In a ruling, a judge said that XRP was not a security, which was a positive thing for Ripple Labs. The judge, however, noted that the capital raise from investors was illegal and fined the company $250 million, which the SEC appealed.

Therefore, there are signs that the SEC, under Donald Trump, will end the lawsuit. Besides, it has already ended lawsuits against other large players in the crypto industry, like Coinbase, Kraken, Gemini, OpenSea, and Uniswap.

The end of this case would be a good thing for XRP price because it would let Ripple Labs do deals with other financial services companies like banks and money transfer firms. Many of these firms have been afraid of dealing with Ripple because of its baggage. 

Ripple is aiming to be a viable SWIFT rival

The end of the suit would also help the company achieve its goal of being a viable rival to SWIFT, the society that connects banks globally. SWIFT’s messaging platform handles over $150 trillion a day.

Ripple sees an opportunity to create a unique system that handles payments either directly or using the XRP token.

Banks will likely prefer Ripple because it is a faster payment method, does not require cash movement, and is cheaper. A Ripple transaction costs less than $5, while SWIFT costs over $50, depending on the amount.

XRP ETF odds

The other catalyst for the XRP ETF is that the odds of a spot ETF approval by the Securities and Exchange Commission (SEC) have risen in the past few months.

Polymarket data shows that participants have an 80% chance of the approval of funds by companies like Grayscale, Canary, and WisdomTree.

An XRP ETF would be a good thing for its price because it would lead to more demand from institutional investors. JPMorgan estimates that these funds would attract over $8 billion in inflows.

Macro factors and Ripple prices

Other macro factors may affect the XRP price. The most notable one is the potential recession in the United States. A recession would be a good thing for XRP price and other crypto coins because of the impact on the Federal Reserve. 

Historically, the Fed reacted to these risks by cutting interest rates. For example, it slashed interest rates during the pandemic leading to higher crypto and stock prices.

XRP price forecast

XRP chart by TradingView

All the above are positive catalysts for the Ripple price. However, there is a risk that they have all been priced in by market participants. 

The other risk is that the XRP price has formed a head and shoulders pattern on the daily chart. Its head is at $3.4, while the right and left shoulders are at $3. The neckline has moved to $1.9.

Therefore, a move below the neckline at $1.9 would likely lead to more downside, potentially to the psychological point at $1, which is about 55% below the current level. 

The post XRP price has key catalysts: here’s why Ripple may crash 50% appeared first on Invezz

The Nikkei 225 index has risen modestly in the past few days as investors have moved back to the stock market. It initially bottomed at ¥35,960 last week, and has rebounded to over ¥38,000. This article explores why the Nikkei index is rising and what to expect ahead of the Fed and BoJ interest rate decisions.

Warren Buffett buys more Japan stocks

One of the top reasons why the Nikkei 225 index has risen is that Warren Buffett has remained bullish on Japan stocks.

He has done that by being one of the biggest investors in the five trading houses that dominate the Japanese economy.

These companies are Marubeni, Itochu, Mitsubishi, Mitsui, and Sumitomo. He initially invested in these companies during the pandemic and has grown to become their biggest investor.

Warren Buffett believes that these trading houses are highly undervalued and that their business will continue doing well in the longer term. This explains why he recently bought more of these companies even as he dumped some of US companies like Apple and Bank of America.

Bank of Japan interest rate decision ahead

The Nikkei 225 index will be the upcoming BoJ interest rate decision that will happen on Wednesday.

Economists expect the bank to leave interest rates unchanged as it observes the impacts of Donald Trump’s tariffs on the US.

However, there are signs that the BoJ will embrace a more hawkish tone now that inflation has jumped to 4% in the past few months.

Indeed, the bond market point to further rate hikes in the future. The 10-year yield of Japanese bonds has jumped to 1.5%, higher than last year’s low of 0.728%. Similarly, the 30-year and 5-year yields have soared in the past few months.

Rising bond yields is a sign that investors anticipate that the BoJ will deliver more hikes in the future as it combats rising inflation.

The Nikkei 225 index normally falls when the Japanese yen is falling because it pushes more investors from stocks to bonds.

FOMC decision ahead

The other key catalyst for the Nikkei 225 index will be the Federal Reserve interest rate decision scheduled on Wednesday this week.

The bank is not expected to cut or hike interest rates this week. Nonetheless, officials will likely mention the tariff risk and explain what to expect later this year. Analysts anticipate more rate cuts later this year as US recession odds rise.

A hawkish Fed will likely be a bad thing for the Nikkei 225 and other global stocks. Historically, these indices thrive when the Fed is either cutting rates or when it signals that it will deliver more cuts ahead.

Some analysts anticipate that the BoJ will point to more cuts later this year because of the ongoing recession risks in the US.

Nikkei 225 index analysis

Nikkei 225 index chart by TradingView

The daily chart shows that the Nikkei index has moved sideways in the past few years. It has remained inside the key support and resistance levels at ¥37,790 and ¥40,000.

The index made a bearish breakout below the support last week and bottomed at ¥35,960. It has now rebounded and moved inside the channel.

The Nikkei 225 index remains below the 50-day moving average, meaning that it is still at risk of more downside. If this happens, the next key level to watch will be at ¥35,960. More gains will be confirmed if the Nikkei index rises above the 50-day MA and the upper side of the channel at ¥40,000.

The post Nikkei 225 index outlook ahead of BoJ and Fed decisions appeared first on Invezz

The Nifty 50 index has moved into a correction after crashing by 13% from its highest level this year. It has dropped from the year-to-date high of ₹26,265 to the current ₹22,730. It is hovering near its lowest level since June 3. So, is it safe to buy the Nifty 50 index dip or just sell the rip?

US reciprocal tariffs to hit India the most

The Nifty 50 index has dropped in the past few weeks as investors focus on the actions of Donald Trump.

Trump has already imposed tariffs on goods from top US trading partners like Mexico, Canada, and China.

He has also implemented tariffs on imported steel and aluminum. Further, he has said that he will impose reciprocal tariffs in April.

Analysts expect that India will be one of the most affected countries when these tariffs kick in because of its high tariffs on imports.

Tariffs on Indian goods would have a big impact on some Nifty 50 index companies that do a lot of business in the United States.

India sells goods worth billions of dollars to the US annually. Some of these goods are in the textile, petroleum, electrical and electronic products, and pharmaceuticals. Some of the top companies that will be affected are Reliance Industries, Tata Steel, Tata Motors, and Sun Pharmaceutical.

Narendra Modi has worked behind the scenes to please Donald Trump and prevent the country from being included in the reciprocal tariffs. He was one of the first foreign leaders to visit the US after Trump’s inauguration. Also, he pledged to boost the trade volume between the two countries to $500 billion a year.

Still, it is unclear whether these measures will help to prevent tariffs from the United States. Trump has long believed that other countries, including India, were taking advantage of the US.

Indian stocks valuation reset

The Nifty 50 index has also slipped as Indian companies go through a valuation reset. At its peak, the index had a PE ratio of over 25, making it more expensive than other global indices like the Nasdaq 100 and the S&P 500 index.

The price-to-earnings multiple has now moderated slightly to about 20, meaning that it has now become a bargain compared to other indices.

The valuation of most Indian companies became stretched in 2024 as retail investors pumped these equities. Today, some of the top pumped equities, like Trent and Ola Electric have plunged from their highest levels this year.

The Nifty 50 index has retreated as the Indian rupee has jumped. The USD/INR exchange rate has dropped from the year-to-date high of 88 to 86.7. A stronger rupee hurts some companies, especially those that focus on exports.

The next key catalyst of the Nikkei index will be the Federal Reserve interest rate decision on Wednesday. Historically, the actions of the Fed tend to have an impact on US and other global stocks.

Nifty 50 index analysis

Nify 50 index chart by TradingView

The weekly chart shows that the Nifty 50 index has pulled back from the 2024 high of ₹26,315 to a low of ₹21,988. It formed a descending channel that connects the highest and lowest swings since December last year.

On the positive side, the index has formed a falling wedge pattern, a popular bullish sign in the market.

The index has also formed a slanted bullish flag chart pattern, a popular bullish sign. Also, it has found support at the 100-week moving average, where it failed to move below.

Therefore, the Nifty 50 index will likely bounce back in the coming weeks. If this happens, the next point to watch will be at ₹26,315, the highest swing in December last year.

The post Nifty 50 index has crashed, but technicals point to a surge soon appeared first on Invezz

Asian stock markets are trading mostly higher on Tuesday, following positive cues from Wall Street overnight.

Traders continued to pick up stocks at reduced levels after recent weakness but remained cautious ahead of the US Federal Reserve’s monetary policy announcement on Wednesday.

While the Fed is widely expected to keep interest rates unchanged, investors are looking for signals in the accompanying statement and projections regarding the outlook for rates.

Meanwhile, the Bank of England, the Bank of Japan, and the Swiss National Bank are also set to announce their monetary policy decisions later in the week.

Japan’s Nikkei rises sharply

Japanese stocks are surging on Tuesday, extending their upward momentum from the last two sessions, as the Nikkei 225 moves well above the 37,900 level.

Gains are seen across most sectors, with financials and technology stocks leading the rally.

The benchmark Nikkei 225 Index closed the morning session at 37,943.23, up 546.71 points, or 1.46%, after touching an intraday high of 38,004.20.

The advance follows a strong finish on Monday.

Among major stocks, SoftBank Group is up nearly 1%, while Fast Retailing, the owner of Uniqlo, is adding 1.5%.

Automakers are also performing well, with Honda gaining over 2% and Toyota advancing nearly 3%.

Hong Kong, China stocks jump on trade optimism

Hong Kong stocks climbed for a second consecutive session on Tuesday, buoyed by hopes that a potential meeting between US President Donald Trump and Chinese President Xi Jinping could ease trade tensions between the two largest economies.

Gains in US-listed Chinese technology stocks overnight also contributed to the upbeat sentiment.

The Hang Seng Index advanced 1.8% to 24,578.14, building on the 0.8% gain from Monday.

The Hang Seng Tech Index saw a sharper rise, climbing 2.4%.

On the mainland, the CSI 300 Index added 0.2%, while the Shanghai Composite Index edged up 0.1%.

Technology stocks led the rally, mirroring strong performances in US markets.

Baidu surged 9.2% to HK$100.50, while Alibaba gained 5.4 % to HK$142.80. Kuaishou Technology rose 4.6 % to HK$66.40, and electric vehicle maker BYD added 3.7 %.

Investor optimism grew after Trump indicated that Xi would visit Washington in the “not too distant future.”

Reports suggest the leaders may meet as early as April to discuss trade, fueling hopes of a potential resolution to ongoing tensions.

Other Asian markets

The Australian stock market is trading modestly higher, adding to gains from the previous two sessions.

The benchmark S&P/ASX 200 is holding well above the 7,850 level.

The S&P/ASX 200 Index is up 17.80 points, or 0.23 %, at 7,871.90, after reaching a high of 7,922.90 earlier in the session.

The broader All Ordinaries Index is also up 0.22 % at 8,099.90.

Seoul shares opened higher on Tuesday, tracking gains from Wall Street, as foreign investors showed strong interest in tech stocks.

The benchmark Kospi rose 20.45 points, or 0.78%, to 2,631.14 in the first 15 minutes of trading.

The post Asian markets surge on Tuesday: Nikkei up 1.46%, Hang Seng jumps 1.8% appeared first on Invezz

Baidu’s shares surged 10.7% in Asian trading on Tuesday following the release of two new artificial intelligence models over the weekend.

The Chinese tech giant introduced the latest version of its foundational “Ernie” model alongside a new reasoning model designed to rival DeepSeek’s R1.

The market response indicates growing confidence in Baidu’s AI capabilities as it seeks to re-establish itself as a dominant player in China’s fast-evolving AI sector.

The company has been facing stiff competition from rivals like Alibaba and Bytedance, as well as the unexpected rise of DeepSeek, which disrupted the AI landscape with its cost-efficient R1 model in January.

Baidu’s decision to open-source its latest models signals a strategic shift aimed at regaining market leadership, but whether it can match DeepSeek’s momentum remains to be seen.

Baidu takes on DeepSeek

Baidu claims its ERNIE X1 reasoning model delivers performance on par with DeepSeek R1 at only half the price.

This positioning directly challenges DeepSeek, whose R1 model has drawn praise for achieving competitive results at a fraction of the cost and with less advanced hardware.

While the cost-effectiveness of AI models is a critical factor in adoption, pricing in China’s AI market remains fluid, making it difficult to determine whether Baidu’s approach will gain traction.

DeepSeek’s rapid rise earlier this year reshaped the AI competitive landscape in China, overshadowing Baidu’s previous AI advancements.

Despite being among the first to launch a ChatGPT-like chatbot with its Ernie Bot, Baidu found itself trailing behind newer players with more aggressive market strategies.

The release of these new models is seen as an effort to reclaim lost ground and position itself as a leading AI provider for enterprises needing advanced computing solutions.

Open-source strategy shift

Baidu’s decision to open-source its latest models marks a departure from its previous proprietary-focused AI strategy.

By making its models freely available, the company aims to establish its technology as an industry standard while strengthening its influence in the AI developer community.

This approach mirrors DeepSeek’s strategy and could help Baidu expand its market share by encouraging broader adoption of its AI technology.

The move also reflects a broader trend in AI, where open-source models are increasingly seen as a way to accelerate innovation and gain competitive advantages.

Companies leveraging open-source strategies can build ecosystems around their technologies, attracting developers and businesses that can customise and implement AI solutions tailored to their needs.

However, the success of this strategy depends on whether Baidu’s models can consistently deliver the promised performance and cost benefits.

Analysts assess Baidu’s AI prospects

According to Morningstar senior equity analyst Kai Wang, Baidu’s stock jump is likely a “delayed reaction” to the AI model releases, as investors reassess its potential in China’s competitive AI space.

He noted that while Baidu has not received the same level of attention as other major cloud computing firms, its AI advancements could drive increased enterprise demand for hosting, scaling, and computing power.

Counterpoint Research principal analyst Wei Sun highlighted that Baidu’s competitiveness now hinges on whether its new models truly deliver on their performance and pricing promises.

While the company’s open-source move is a strategic attempt to establish an AI industry standard, the market remains highly dynamic, with pricing and technological advancements shifting rapidly.

Baidu’s ability to differentiate itself from competitors like DeepSeek, Alibaba, and Bytedance will be crucial in determining its future AI market position.

The post Baidu shares surge 10.7% on Tuesday: here’s why appeared first on Invezz

During the New York Knicks’ game against the Miami Heat at Madison Square Garden on Monday, March 17, 2025, comedian and actor Tracy Morgan experienced a medical incident while seated courtside.

Witnesses reported that Morgan, 56, suddenly became ill, vomiting onto the court and appearing to have a bloody nose. Arena staff and medical personnel quickly responded to assist him.

Morgan, known for his quick wit and larger-than-life personality, has been a staple in comedy for decades.

From his early stand-up days to his breakout roles on Saturday Night Live and 30 Rock, he continues to be one of the most recognizable and celebrated figures in entertainment.

With a career spanning over three decades, his wealth has grown significantly, making him one of the richest comedians in Hollywood.

His net worth, estimated at $70 million in 2025, reflects not only his earnings from acting and stand-up but also his work as a producer, writer, and author.

Morgan’s financial success is underscored by his extensive career in television and film, as well as lucrative deals in the entertainment industry.

Despite facing significant personal and professional challenges, including a near-fatal car accident in 2014, he has continued to work on high-profile projects.

His financial portfolio includes earnings from television shows, films, comedy specials, and book sales, making him one of the wealthiest figures in the comedy world today.

Rise to sitcom fame

Morgan’s career began in the New York comedy circuit before he secured a spot on “Saturday Night Live” in 1996.

He quickly became a fan favourite, thanks to his energetic performances and unforgettable characters.

After leaving “SNL” in 2003, he starred in “30 Rock,” where his portrayal of Tracy Jordan earned him critical acclaim and a Primetime Emmy nomination.

The show, which ran from 2006 to 2013, remains one of the most celebrated sitcoms of the 21st century.

Beyond television, Morgan has appeared in several films, including “The Longest Yard” (2005), “Cop Out” (2010), and “Death at a Funeral” (2010).

His stand-up career has also been a major source of income, with popular comedy specials such as “Tracy Morgan: Black and Blue” (2011) and “Tracy Morgan: Staying Alive” (2017).

In addition, he authored the memoir “I Am the New Black” in 2009, providing insight into his personal and professional life.

Overcoming adversity, health concerns, and career revival

In 2014, Morgan’s life changed drastically when he was involved in a serious car accident on a New Jersey highway.

The crash, caused by a Walmart truck driver who had reportedly been awake for over 24 hours, resulted in the death of Morgan’s close friend and fellow comedian, James McNair.

Morgan sustained severe injuries, including a traumatic brain injury, broken ribs, and a fractured leg.

He was placed in a medically induced coma for two weeks and underwent months of rehabilitation.

The legal battle that followed ended in a settlement with Walmart in 2015. While the amount was undisclosed, reports speculated that it was as high as $90 million—though Morgan’s lawyer denied this figure.

The financial outcome allowed him to focus on his recovery, and by 2018, he made a return to television with “The Last O.G.,” a comedy series on TBS that he also executive produced.

Ongoing projects

Morgan continues to be an active figure in the entertainment industry.

His latest project, “SNL50: Beyond Saturday Night,” revisits his roots in comedy and explores the evolution of “Saturday Night Live.”

His involvement in television production, combined with earnings from stand-up tours and past investments, ensures that his wealth remains substantial.

With a career built on versatility and resilience, Morgan’s estimated $70 million net worth reflects both his professional achievements and financial acumen.

His ability to adapt and stay relevant in the industry suggests that his fortune could continue to grow in the coming years.

The post Who is Tracy Morgan? The comedian with a $70 million net worth appeared first on Invezz

President Donald Trump has signed more than 80 executive orders since returning to the White House in January — prompting more than 100 lawsuits against his administration. 

While Democratic lawmakers have accused the Trump administration of launching a ‘constitutional crisis’ within the U.S. as a result of these orders, the White House has claimed that ‘low-level’ judges have issued unconstitutional injunctions barring Trump from implementing his agenda and that it will appeal adverse rulings. 

‘You cannot have a low-level district court judge filing an injunction to usurp the executive authority of the President of the United States,’ White House press secretary Karoline Leavitt told reporters Friday. ‘That is completely absurd. … It’s very clear that there are judicial activists throughout our judicial branch who are trying to block this president’s executive authority.’ 

Here are some of the judges, appointed under the Obama and Biden administrations, who’ve pushed back against Trump’s orders: 

James Boasberg

Boasberg has served as the chief judge of the United States District Court for the District of Columbia since March 2023, and was first appointed as a judge to the District Court in March 2011 under the Obama administration. 

Boasberg issued several key rulings on various cases during Trump’s first administration. For example, he blocked Arkansas, Kentucky and New Hampshire from implementing work requirement waivers for Medicaid recipients, after the Trump administration’s Department of Health and Human Services unveiled a policy permitting states to enforce the waivers for Medicaid recipients. 

Ultimately, the U.S. Court of Appeals for the D.C. Circuit issued a ruling in February 2020 upholding Boasberg’s previous decision in the Kentucky and Arkansas case. In the ruling, the appeals court said that former Health and Human Services Secretary Alex Azar ‘failed to analyze whether the demonstrations would promote the primary objective of Medicaid — to furnish medical assistance.’

The Supreme Court then dismissed all pending cases related to the Medicaid work requirements in April 2022. 

On Saturday, Boasberg issued an order halting the Trump administration from deporting migrants under the Alien Enemies Act of 1798, which permits deportation of natives and citizens of an enemy nation without a hearing. 

However, the flight continued to drop off the migrants in El Salvador, and Leavitt said Sunday the order had ‘no lawful basis’ since Boasberg issued it after the flight’s departure from U.S. airspace. 

Boasberg graduated from Yale College in 1985 and Yale Law School in 1990. He also served a seven-year term from 2014 to 2021 on the United States Foreign Intelligence Surveillance Court, which handles surveillance requests for foreign intelligence gathering. 

Leo Sorokin

Sorokin, an Obama appointee, joined the United States District Court for the District of Massachusetts in 2014, after previously serving as magistrate judge on the same court. 

Sorokin spearheaded a delayed-sentencing program in Massachusetts known as the Repair, Invest, Succeed, Emerge, or RISE, program. The program offers some criminal offenders a yearlong delay in sentencing for some criminal offenders who qualify for pretrial release as they undergo an intensive supervision program.

‘I’m thrilled with how the restorative justice part of RISE has gone, so we’re expanding,’ Sorokin said at an event at Columbia Law School in 2020. ‘I think it’s lawful. I think it’s correct. I think it’s what we ought to be doing.’

Sorokin said his motivation to launch the RISE program stemmed from a conversation he had with a man convicted of bank robbery who explained he wanted to apologize to the bank teller and to his sisters for committing the crime. 

Sorokin blocked the Trump administration from implementing an executive order to ban birthright citizenship in February — joining other judges from Maryland and Washington state in issuing nationwide injunctions against the ban. The Trump administration requested the Supreme Court step in Friday and allow it to execute the order, and the Supreme Court requested responses from challengers by April 4. 

Sorokin attended Columbia Law School and has worked as a professor for Boston University School of Law. 

Amir Ali

Ali, a Biden appointee, is one of the newest judges to the United States District Court for the District of Columbia, joining the court in December 2024. Ali also helped launch the MacArthur Justice Center’s Washington, D.C., branch in 2017, a nonprofit law firm that specializes in criminal justice reform and civil rights issues. 

Ali, who eventually led the firm as the executive director, argued and won two cases before the Supreme Court on behalf of the MacArthur Justice Center. 

Ali’s ties to the firm came under scrutiny during his confirmation hearing in February 2024 before the Senate, where lawmakers asked him about remarks his MacArthur Justice Center colleague, Cliff Johnson, made in 2020 asserting that defunding the police paves the way for a ‘movement toward making police departments obsolete.’

 

However, Ali told lawmakers that he didn’t espouse those views, nor did the MacArthur Justice Center. 

‘Let me be very clear about this,’ Ali said. ‘I have never advocated for taking away police funding. I would not take that position, and the MacArthur Justice Center has not taken that position.’

On March 11, Ali issued a ruling that determined the Trump administration likely exceeded its constitutional authority when it sought to halt payments the State Department and the U.S. Agency for International Development (USAID) owed to contractors amounting to $2 billion in funding Congress had approved.

Ali has also taught classes on civil, criminal and appellate litigation at schools, including Harvard Law School and the Georgetown University Law Center. 

Beryl Howell

Howell, an Obama appointee, joined the United States District Court for the District of Columbia in 2010. She previously served as staff and as general counsel of the United States Senate Committee on the Judiciary from 1993 to 2003. 

Howell ruled against the Trump administration March 6, and wrote in her ruling that Trump did not have the authority to fire members of the National Labor Relations Board at will. The Trump administration dismissed National Labor Relations Board chair Gwynne Wilcox in January, prompting Wilcox to file a lawsuit against the Trump administration for violating the National Labor Relations Act, which states negligence and misconduct are the only causes to fire a member of the board. 

‘A president who touts an image of himself as a ‘king’ or a ‘dictator,’ perhaps as his vision of effective leadership, fundamentally misapprehends the role under Article II of the U.S. Constitution,’ Howell wrote in the ruling — a reference to a White House social media post in February depicting Trump wearing a crown with the caption ‘Long Live the King.’ 

Howell also ordered that Wilcox be reinstated to her position. 

Howell attended Columbia University School of Law, and served as the deputy chief of the narcotics section and an assistant U.S. attorney in the U.S. Attorney’s office for the Eastern District of New York from 1987 until 1993. 

Her work at the U.S. Attorney’s office for the Eastern District of New York earned her the Attorney General’s Director’s Award for Superior Performance and other commendations for her work focusing on international narcotics, money laundering and public corruption cases.

She’s also worked as a professor of legal ethics at American University’s Washington College of Law. 

Ana Reyes 

Reyes, a Biden appointee, joined the United States District Court for the District of Columbia in February 2023 following a career as a litigation attorney with Williams & Connolly LLP focusing on international litigation, representing foreign governments, foreign government officials and multinational companies. 

Previous pro bono work also includes representing refugees for groups like the United Nations High Commissioner for Refugees and Human Rights First. She also received the Hispanic National Bar Foundation’s ‘Judicial Leadership Award’ in 2023. 

Reyes is overseeing a case that LGBTQ legal rights advocacy group GLAD Law and the National Center for Lesbian Rights filed in February against the Trump administration for its executive order barring transgender individuals from serving in the military. 

The groups are seeking a preliminary injunction pausing the ban while litigation is pending, and Reyes is expected to issue a final decision on the preliminary injunction by March 25.

Reyes attended Harvard Law School, and has co-taught classes at Yale Law School and Georgetown University Law Center on trial practice and advocacy in international arbitration. 

Loren AliKhan

AliKhan, a Biden appointee, joined the United States District Court for the District of Columbia in December 2023, after previously serving as an associate judge for the D.C. Court of Appeals. 

AliKhan ruled against the Trump administration in February, indefinitely blocking the Trump administration from freezing federal grants and loans. The ruling stemmed from a lawsuit a group of nonprofit organizations filed in January after the Trump administration’s Office of Management announced a pause in loans and grants. Although the administration rescinded the memo, the White House clarified that the order still remained to freeze funds. 

‘In the simplest terms, the freeze was ill-conceived from the beginning,’ AliKhan wrote in a ruling in February. ‘Defendants either wanted to pause up to $3 trillion in federal spending practically overnight, or they expected each federal agency to review every single one of its grants, loans, and funds for compliance in less than twenty-four hours. The breadth of that command is almost unfathomable. Either way, defendants’ actions were irrational, imprudent and precipitated a nationwide crisis.’

AliKhan attended Georgetown University Law Center, and supported O’Melveny & Myers, LLP’s Supreme Court and Appellate Practice Clinic at Harvard Law School, as well as the legal writing program at Yale Law School.

She received the National Association of Attorneys General’s ‘Senior Staff of the Year’ award in 2020. 

Fox News Breanne Deppisch, Jake Gibson, Andrea Margolis, Lucas Y. Tomlinson and Bill Melugin contributed to this report. 

This post appeared first on FOX NEWS

Ukrainian President Volodymyr Zelenskyy replaced his military’s top official ahead of a call Tuesday between President Donald Trump and Russian President Vladimir Putin about ending the war in Ukraine. 

Andrii Hnatov, whom Ukrainian Defense Minister Rustem Umerov said has ‘over 27 years of military experience,’ was appointed the new chief of the general staff of Ukraine’s armed forces. Anatoliy Barhylevych, who has held the position since February 2024, will now serve as the general inspector of Ukraine’s Defense Ministry. 

‘We are consistently changing the Armed Forces to make them even more efficient. To do this, we are changing the management system and implementing clear standards,’ Umerov said in a statement. 

‘Grateful to Lieutenant General Anatoliy Barhylevych for his service as Chief of the General Staff. In the most difficult times, his experience and professionalism were important to the organization of defense of Ukraine,’ Umerov added. ‘Changes are in process. Strengthening the army for victory.’ 

The personnel change comes as Trump and Putin are set to speak by phone Tuesday about the final points of a deal to end the war in Ukraine. 

In a post on his Truth Social platform, Trump said many ‘elements of a Final Agreement’ have been agreed to ‘but much remains.’ 

‘Thousands of young soldiers, and others, are being killed. Each week brings 2,500 soldier deaths, from both sides, and it must end NOW,’ Trump wrote. ‘I look very much forward to the call with President Putin.’ 

In preparation for the Trump-Putin call, White House special envoy Steve Witkoff met last week with Putin in Moscow to discuss the proposal. Secretary of State Marco Rubio persuaded senior Ukrainian officials during talks in Saudi Arabia to agree to the ceasefire framework. 

Trump said Washington and Moscow have already begun discussing ‘dividing up certain assets’ between Ukraine and Russia as part of a deal to end the conflict. 

‘It’s a bad situation in Russia, and it’s a bad situation in Ukraine,’ Trump told reporters on Monday. ‘What’s happening in Ukraine is not good, but we’re going to see if we can work a peace agreement, a ceasefire and peace. And I think we’ll be able to do it.’ 

Fox News’ Louis Casiano and The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

The State Department and FBI Los Angeles are warning spring break travelers to take certain precautions and be extra vigilant when traveling.

FBI Los Angeles told travelers to check the State Department’s travel advisories — designed to give U.S. citizens reliable information about security threats overseas — for their intended destinations ahead of time.

‘Whether it’s families looking to escape the final throes of winter or a college student seeking a brief respite from the rigors of academic life, know that the risks are there,’ FBI Assistant Director in Charge Akil Davis said in a Tuesday statement. ‘Maintain vigilance throughout your travels and be prepared to contact the nearest U.S. Embassy or Consulate should the need arise.’

The warning comes following the March 6 disappearance of University of Pittsburgh student Sudiksha Konanki in Punta Cana, Dominican Republic. 

Konanki, 20, remains missing as of Tuesday, and her disappearance after she went swimming around 4 a.m. outside her resort has sparked international news headlines.

The FBI listed the following tips for travelers to stay safe over spring break:

  • Establish points of contact for your family to reference in the event of an emergency.
  • Avoid traveling alone, especially after dark. Be conscious of your surroundings and avoid areas you believe may put your personal safety at risk.
  • Use only authorized taxis/shuttles. Passengers have been robbed or kidnapped when using taxis.
  • Avoid actions that are illegal, improper, or indiscreet. Avoid offers of sexual companionship; they may lead to a room raid, photography, and blackmail.
  • Evade criminals by being aware of your surroundings and alert to the possibility of surveillance. Take mental notes of anyone following you and promptly report it to the appropriate security officials.
  • Beware of new acquaintances who probe for information about you or who attempt to get you involved in what could become a compromising situation.

In the Caribbean, the country with the highest travel advisory is Haiti with a level 4 travel advisory, meaning ‘do not travel,’ followed by Jamaica at level 3, which means U.S. citizens should ‘reconsider travel.’

Various other Caribbean countries are under a level 2 warning, meaning Americans should exercise increased precautions. Those countries include the Dominican Republic, Turks & Caicos, Bahamas, Cuba and Netherlands Antilles.

Several Mexican states also have level 4 warnings due to dangerous cartel and gang activity, including Sinola, Tamaulipas, Zacatecas, Michoacan, Colima and Guerrero.

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President Donald Trump called for the impeachment of a judge in a Truth Social post on Tuesday, apparently referring to U.S. District Judge James E. Boasberg who recently sought to block deportation flights to El Salvador.

‘This Radical Left Lunatic of a Judge, a troublemaker and agitator who was sadly appointed by Barack Hussein Obama, was not elected President – He didn’t WIN the popular VOTE (by a lot!), he didn’t WIN ALL SEVEN SWING STATES, he didn’t WIN 2,750 to 525 Counties, HE DIDN’T WIN ANYTHING! I WON FOR MANY REASONS, IN AN OVERWHELMING MANDATE, BUT FIGHTING ILLEGAL IMMIGRATION MAY HAVE BEEN THE NUMBER ONE REASON FOR THIS HISTORIC VICTORY,’ Trump declared in the post.

‘I’m just doing what the VOTERS wanted me to do. This judge, like many of the Crooked Judges’ I am forced to appear before, should be IMPEACHED!!! WE DON’T WANT VICIOUS, VIOLENT, AND DEMENTED CRIMINALS, MANY OF THEM DERANGED MURDERERS, IN OUR COUNTRY. MAKE AMERICA GREAT AGAIN!!!’ the president added.

This is a breaking news story. Check back for updates.

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