News Corp to launch The California Post next year
The new publication will expand on The New York Post brand, featuring a robust staff and covering news, entertainment, politics, culture, sports, and business from a 'distinctly Californian perspective.'
Robert Thomson, News Corp. CEO, stated that The California Post aims to provide an 'antidote' to existing journalism, engaging readers with 'serious reporting and puckish wit.'
Veteran journalist Nick Papps has been appointed Editor-in-Chief of The California Post, reporting to The New York Post's top editor, Keith Poole.
The venture targets California's large existing readership of The Post's digital sites and seeks to fill a perceived gap in the market, potentially capitalizing on the struggles of The Los Angeles Times.
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Daily Mail
11 minutes ago
- Daily Mail
Daughter of priest, 20, released from ICE detention after arrest during routine court hearing
A Purdue University student and the daughter of a pioneering Episcopal priest has finally been released after she was arrested and placed into custody after attending what was supposed to be a routine immigration court hearing. Yeonsoo Go, 20, who arrived in the US from South Korea in 2021 on an R-2 visa, was detained by US Immigration and Customs Enforcement (ICE) last Thursday outside the federal courthouse at Federal Plaza in Manhattan. On Monday, there were scenes of joy just after 8pm as mother and daughter were reunited at the very same place where her arrest took place - 26 Federal Plaza. Photographers were there to capture the moment as tears flowed between the two women who ran into each other's outstretched arms and embraced one another. Days earlier Go was arrested by ICE. The move ignited fury across faith communities, civil rights groups, and Korean American advocacy organizations. Go's attorney insisted her visa is active and valid through the end of this year, while the Department of Homeland Security says it expired more than two years ago. Monday evening's release came after protests this past weekend outside of the Lower Manhattan federal building. 'Everything just feels surreal,' said Go to PIX11 as she was walked out of federal detention with her mother, Rev. Kyrie Kim and headed back to Scarsdale, New York. 'I was praying hard,' she said when asked her detention at Federal Plaza and in Louisiana where she also spent several days. Her mother Rev. Kyrie Kim, is a trailblazing Episcopal priest and first woman ordained in the Seoul Diocese of the Anglican Church of Korea. She is working in Scarsdale on a visa sponsored by the Episcopal Church of the United States. Go, who graduated from Scarsdale High last year is currently a college student at Purdue University and had been in the country on a religious dependent visa, since 2021. Rev. Kim noted how so many other detainees are not as fortunate as her daughter. 'It's not [just] Soo in this situation,' Rev. Kim said. 'There are more, maybe, those in need of support. 'I'm just happy that she's with me,' she said. Church leaders and elected officials had been pushing for Go's release with another rally planned for Thursday. Mary Rothwell Davis, attorney for the Episcopal Diocese of New York, told 13News Go was released to her mother on her own recognizance, but did not know any other terms of the release. 'We are hopeful she will be back at Purdue in the next few weeks,' she said. Rothwell Davis also said Go was given a hearing date for her visa status in late August. Go was arrested last Thursday after what she thought had been a regular immigration meeting. But as she left the courtroom ICE agents were waiting for her outside. According to advocacy groups and church leaders, five plainclothes officers surrounded Go and detained her. No warrant was presented at the scene, and she was not given the opportunity to speak further with her attorney. Last week, officials with the Department of Homeland Security offered a starkly different version of events. 'Yeonsoo Go, an illegal alien from South Korea, overstayed her visa that expired more than two years ago,' DHS Assistant Secretary Tricia McLaughlin said in a statement. 'President Trump and Secretary Noem are committed to restoring integrity to the visa program and ensuring it is not abused to allow aliens a permanent one-way ticket to remain in the US. ICE arrested her on July 31 and placed her in expedited removal proceedings.' But her attorney said such assertion was false. No warrant was presented at the scene, and Go was not given the opportunity to speak further with her attorney before being taken away 'She has a valid visa that expires in December 2025, and she has a pending application for extension,' said a legal representative for Go. 'The judge was satisfied enough to continue the case until October. There was no indication that she was to be taken into custody.' Since her arrest, Go was held in an ICE holding facility at 26 Federal Plaza, a building that clergy say is unfit for human confinement. She was also moved to Louisiana before being brought back to New York. The incident has triggered an immediate wave of protests and condemnation from across the religious and immigrant rights landscape. On Saturday, faith leaders, elected officials, and immigration advocates stood shoulder-to-shoulder outside the ICE building in lower Manhattan to demanding her release. By Monday, their prayers were answered. 'We call for the end of weaponization in our courts,' Bishop Heyd declared to a crowd of supporters and reporters. 'We stand up for a New York and a country that respects the dignity of every person.' The New York Immigration Coalition (NYIC) joined the Episcopal Diocese of New York and the Interfaith Center of New York to organize the press conference. Posters demanding Go's release were plastered on the courthouse fence, alongside flowers and handwritten notes of support from local high school classmates. Murad Awawdeh, president and CEO of NYIC, warned others with pending hearings to be vigilant. 'I think it's critically important that anyone who needs to go to an immigration court hearing call the New York State Office of New Americans and their hotline,' Awawdeh said. 'Make a family preparedness plan. If possible, work with a lawyer to set up a virtual hearing.' Korean American community leaders say the episode is part of a disturbing trend of rising enforcement actions targeting Korean nationals regardless of their legal status. Go's case echoes the recent detention of Tae Heung Will Kim, a Korean green card holder and Texas resident who was taken into custody at San Francisco International Airport last month. Kim, a Ph.D. student, was held at the airport for more than a week before being transferred to an ICE facility in Arizona. His family has not received information about his condition or location. As outrage builds, activists are demanding urgent federal oversight and accountability for what they say is a pattern of unjustified enforcement.
Reuters
11 minutes ago
- Reuters
Breakingviews - US-India standoff is about more than Russian oil
HONG KONG, Aug 5 (Reuters Breakingviews) - The standoff between the U.S. and India may well get worse before it gets better. Having slapped a 25% tariff on goods the South Asian country sends to America, Donald Trump is vowing to ratchet up the rate over the $4 trillion economy's purchases of Russian oil. New Delhi calls the threat unjustified and unreasonable. A deal with Washington is possible, but diffusing the situation looks tricky. Far from being a winner in the U.S. president's global trade war, India is rapidly emerging as a big loser alongside China. Trump's desire to isolate the People's Republic - and its exporters routing goods through Southeast Asia - was initially expected to benefit India, which sent $87 billion of goods to the U.S. last year. His sudden cooling on Russia, though, and Prime Minister Narendra Modi's reluctance to open up his country's agriculture market out of a desire to protect millions of poor farmers, have put India in his firing line. India's economy can withstand Trump's aggressions, for now. Nomura, a Japanese bank, reckons the 25% U.S. tariff on imports from India might shave 20 basis points off its 6.2% GDP growth forecast for the country's current financial year. Sure, New Delhi argues its purchases of cheap Russian oil, which comprise 40% of its crude imports, are a "national compulsion" and keep global prices in check. But India can manage without it: at 2.1%, its consumer price inflation is at the lowest level since January 2019, so giving up the roughly $4 discount per barrel on Russian supplies would not cause too much domestic pain at current prices. Yet India has a lot more besides oil to lose from giving Russia the cold shoulder. The duo's longstanding relationship may be undergoing a managed decline, opens new tab as New Delhi diversifies its weapons supplies, but Moscow remains a reliable partner to India and relations with the country buttress its multipolar foreign policy. Trump's decision to work with Pakistan to develop its oil reserves, and his subsequent taunt that it perhaps will sell oil to neighbouring India one day, further underscore why New Delhi may always keep some distance from Washington. India can perhaps afford to wait and see what the U.S. agrees with China. Beijing has vowed to protect its energy sovereignty in response to similar U.S. threats over Russian oil purchases. That poses a major obstacle for Trump to strike any grand bargain with the world's second-largest economy. Ultimately the U.S. may see value in preserving a warm relationship with India as a counterbalance to China. The wait, however, will be awkward. Follow Una Galani on LinkedIn, opens new tab and X, opens new tab.
Reuters
11 minutes ago
- Reuters
Dollar steady as rate cut odds rise, risk appetite returns
SINGAPORE, Aug 5 (Reuters) - The dollar found its footing on Tuesday as traders weighed whether rising odds of Federal Reserve rate cuts would support risk appetite and offset the broader economic impact of U.S. tariffs unleashed last week. The dollar appreciated 0.2%, retracing some losses following Friday's U.S. jobs report that showed cracks in the labour market, prompting traders to swiftly price in rate cuts next month. Analysts are looking to see whether the dollar will extend gains after its first monthly increase all year in July. "We believe USD/Asia is in a bit of an unstable equilibrium here, purely because there is a lack of clarity around USD data and U.S. asset performance," analysts from Citi wrote in a research note. "Our discussions with clients last week indicated that market participants were wondering if they were wrong in questioning the U.S. exceptionalism story." U.S. President Donald Trump's firing of a top statistics official and the resignation of Federal Reserve Governor Adriana Kugler also exacerbated market unease, leading to a sharp dive in the dollar on Friday. The U.S. currency fluctuated between gains and losses on Tuesday. The euro last bought $1.1559, down 0.12% so far in Asia, while sterling stood at $1.328. The dollar index , which measures the U.S. currency against six counterparts, was at 98.816 after touching a one-week low earlier in the session. Traders are now pricing in a 92.1% chance of the Fed cutting rates in its next meeting in September, compared with 63% a week earlier, the CME FedWatch tool showed. Goldman Sachs expects the Fed to deliver three consecutive 25 basis point cuts starting in September, with a 50 basis point move possible if the unemployment rate climbs further in the next report. San Francisco Federal Reserve Bank President Mary Daly said on Monday that given mounting evidence the U.S. jobs market is softening and no signs of persistent tariff-driven inflation, the time is nearing for rate cuts. "I was willing to wait another cycle, but I can't wait forever," Daly said. Meanwhile, the focus remains on tariff uncertainties after the latest duties imposed on imports from scores of countries last week by Trump, stoked worries about the health of the global economy. The Japanese yen was little changed at 147.1 per dollar after minutes of its June policy meeting showed a few Bank of Japan board members said the central bank would consider resuming interest rate increases if trade frictions de-escalate. The Swiss franc extended losses for a second day, weakening 0.2% to 0.8092 per dollar after dropping 0.5% in the previous session. Switzerland is looking to make a "more attractive offer" in trade talks with Washington to avert a 39% U.S. import tariff on Swiss goods that threatens its export-driven economy. The long-term impact of the tariffs though remains uncertain, with traders bracing for more volatility. "This is going to be like the pandemic, we all expect to see the transitory impact on supply chains to happen very quickly," said Rodrigo Catril, currency strategist at National Australia Bank in Sydney. "It'll probably take six months to a year to see exactly where we land and who are going to be winners and losers from all this." In other currencies, the Australian dollar eased 0.1% to $0.64655, while the New Zealand dollar slipped 0.1% to $0.5893. "We're still of a view that the big dollar is heading down," Catril said, referring to the U.S. dollar. "While global growth means pro-growth currencies like Asian currencies and the AUD should struggle, we've other structural dynamics in the USD, where policies are dollar-negative."
