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Boeing and Google give $1m each to Trump’s inauguration

The list also includes oil producer Chevron and technology giants Meta, Amazon and Uber.

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Photo Credit : Getty Image

US aviation giant Boeing has told BBC News it is donating $1m (£812,600) to an inauguration fund for President-elect Donald Trump.

Google has also confirmed that it has made a similar donation as the two firms join a growing list of major American companies contributing to the fund.

The list also includes oil producer Chevron and technology giants Meta, Amazon and Uber.

Trump’s inauguration, marking the start of his second term in the White House, is set to take place on 20 January. We are pleased to continue Boeing’s bipartisan tradition of supporting US Presidential Inaugural Committees,” Boeing said.

The company added that it has made similar donations to each of the past three presidential inauguration funds.

Boeing is working to recover from a safety and quality control crisis, as well as dealing with the losses from a strike last year. The company is also building the next presidential aircraft, known as Air Force One.

The two jets are expected to come into service as early as next year. During his first term as president, Trump forced the plane maker to renegotiate its contract, calling the initial deal too expensive. Google became the latest big tech firm to donate to the fund, following similar announcements by Meta and Amazon.

It also said it will stream the event around the world. Google is pleased to support the 2025 inauguration, with a livestream on YouTube and a direct link on our homepage,” said Karan Bhatia, Google’s global head of government affairs and public policy.

Car companies Ford, General Motors and Toyota have also donated a $1m each to the inaugural committee.

In the energy industry, Chevron confirmed that it has made a donation to the fund but declined to say how much.

“Chevron has a long tradition of celebrating democracy by supporting the inaugural committees of both parties.

We are proud to be doing so again this year,” said Bill Turene, Chevron’s manager of global media relations.

Credit: BBC

International

Trump says he thinks Putin is helping Iran

“I think he might be helping them a bit, yeah.”“I guess, and he probably thinks we’re helping Ukraine, right?”

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President Donald Trump on Friday said he believed that Russian leader Vladimir Putin is helping Iran in its war against the United States and Israel.

According to CNBC, Trump’s comment came in a radio interview with Fox News host Brian Kilmeade, and a week after the president lashed out at Fox News reporter Peter Doocy for asking him at the White House about reports that Russia was aiding Iran.

Kilmeade asked Trump on Friday: “You think Putin is helping them?”

Trump replied, “I think he might be helping them a bit, yeah.”“I guess, and he probably thinks we’re helping Ukraine, right?” Trump continued.

“Yeah, we’re helping them also,” Trump said, referring to Ukraine, which has been at war against Russia since being invaded in early 2022.

“So he [Putin] says that, and China would say the same thing, you know,” Trump told Kilmeade.

“It’s like, ‘Hey, they do it, and we do it, in all fairness,’ ” Trump said. “They do it, and we do it.”

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International

IEA agrees to release record 400 million barrels of oil to address Iran war supply disruptions

The IEA did not set out a timeline for when the stocks would hit the market

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Merchant ship on fire hits by Iran in Strait of Hormuz.

The International Energy Agency on Wednesday agreed to release 400 million barrels of oil to address the supply disruption triggered by the Iran war, the largest such action in the organization’s history.

The IEA did not set out a timeline for when the stocks would hit the market.

It said that the reserves would be released over a time frame that is appropriate to the circumstances of each of its 32 member countries.

IEA members are primarily advanced economies in Europe, North America and northeast Asia. The organization is tasked with maintaining global energy security.

It was founded in 1974 in response to the oil embargo imposed by Arab producers over U.S. support for Israel during the 1973 Arab-Israeli war.

(CNBC)

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Iran tells world to get ready for oil at $200 a barrel as it fires on merchant ships

The war unleashed with joint U.S. and Israeli air strikes nearly two weeks ago has so far killed around 2,000 people, mostly Iranians and Lebanese, as it has spread into ‌Lebanon and thrown global energy markets and transport into chaos.

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(REUTERS): Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships on Wednesday and the International Energy Agency recommended a massive release of strategic reserves to dampen one of the worst oil shocks since the 1970s.

The war unleashed with joint U.S. and Israeli air strikes nearly two weeks ago has so far killed around 2,000 people, mostly Iranians and Lebanese, as it has spread into ‌Lebanon and thrown global energy markets and transport into chaos.

Despite what the Pentagon has described as the most intense airstrikes since the start of the war, Iran also fired at Israel and targets across the Middle East on Wednesday, demonstrating it can still fight back.

On Wednesday, three vessels were reported to have been hit in Gulf waters as Iran’s Revolutionary Guards said their forces had fired on ships in the Gulf that had disobeyed their orders.

While Israel’s Defence Minister Israel Katz said the operation “will continue without any time limit, as long as required, until we achieve all objectives and win the campaign,” Trump suggested the campaign would not last much longer.

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