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The biggest event so far in the 2024 election cycle took place in New Hampshire Wednesday evening. 

Former President Trump participated in a town hall event hosted by CNN, with Kaitlan Collins serving as moderator.

The fact that the event was happening at all had drawn some criticism beforehand — mostly, but not exclusively, from liberals and the left.

On the other hand, a ratings bonanza was forecast by many media-watchers.

After all the hype, here are the main takeaways. A disaster for CNN

Trump did not so much win the event as CNN lost it — catastrophically.

Not all of the blame can be placed on Collins, though there were clearly moments when she could have pushed back faster or more strongly.

A far bigger problem was a decision, presumably taken by producers, to have a live audience “made up of Republicans and undeclared voters who tend to take part in New Hampshire’s Republican primary,” as Collins put it in her introductory remarks. Related coverage from the CNN town hall event: Trump snaps at CNN’s Kaitlan Collins: ‘You’re a nasty person’ Trump won’t commit to accepting 2024 election results Ocasio-Cortez on Trump town hall: ‘CNN should be ashamed of themselves’ Trump calls overturning Roe ‘a great victory,’ dodges on federal abortion ban Trump calls E. Jean Carroll a ‘whack job’ after sexual abuse verdict Trump refuses to say 2020 election wasn’t rigged at CNN town hall

What that meant was an audience loudly supportive of Trump at every turn — and plainly disdainful of Collins. 

Around halfway through the event, Trump’s description of Collins as “a nasty person” drew whoops of delight.

Not a single tough question was asked of Trump by any audience member.

Perhaps most strikingly of all, Trump’s denial of ever having met, much less abused, E. Jean Carroll, received raucous approval — despite a nine-person jury having found Trump liable for sexual abuse and defamation of Carroll only the previous day.

Offering his own spin on Carroll’s story, Trump wondered “What kind of a woman meets somebody and brings them up and within minutes you are playing hanky panky in a dressing room, OK?”

Many in the audience laughed.

Media figures, as well as politicians on the left, reacted with horror.

“I can’t believe this is being allowed on @CNN,” tweeted Gretchen Carlson, the former Fox News anchor whose allegations of sexual harassment sparked the downfall of that network’s one-time supremo, Roger Ailes. “This is promulgating the cult leadership of Trump — and people are laughing at sexual assault.”

Rep. Alexandria Ocasio-Cortez (D-N.Y.) tweeted, “CNN should be ashamed of themselves. They have lost total control of this ‘town hall’ to again be manipulated into platforming election disinformation, defenses of Jan 6th, and a public attack on a sexual abuse victim.”

Ocasio-Cortez added, “The audience is cheering him on and laughing at the host.”

CNN shouldn’t create programming to please Ocasio-Cortez, of course — any more than it should mold coverage to please Trump.

But the network has serious questions to answer about an event that spiraled so abjectly — and set up one of its own rising stars for a humiliating failure. Trump was strikingly evasive on abortion

Collins did have some sliver of success when she pressed Trump on his position on abortion.

She was not able to wring from him a specific answer on whether he would sign a federal abortion ban if he were to win back the presidency in 2024. Yet, the vagueness and evasiveness of his response was revealing.

Trump proclaimed that the Supreme Court’s decision striking down Roe v. Wade last June was “a great victory.” His rationale was an unusual one.

The former president contended that the decision “was an incredible thing for pro-life because it gave pro-life something to negotiate with.”

The explanation that followed was not clear, but Trump appeared to be arguing that, with the erstwhile constitutional guarantee of a right to abortion gone, it was easier to make deals between liberals and conservatives on certain limits to abortion.

Trying to distance himself from the most rigid anti-abortion positions in his party — positions that have fared badly at the polls in recent months — he added, “I happen to believe in the exceptions” to outright bans.

Still, Trump several times avoided Collins’s question on whether he would sign a federal ban. Trump on the debt ceiling: ‘You’re gonna have to do a default’

The former president encouraged his party colleagues on Capitol Hill to hold to a hard line in the ongoing talks about the debt ceiling — even if it came at the price of the kind of U.S. default that virtually all credible economists say would be disastrous.

Trump vigorously backed the position put forward by Speaker Kevin McCarthy (R-Calif.) among others — that the debt ceiling should only be raised if President Biden and the Democrats accede to steep spending cuts.

The White House has declined to countenance that idea. Democrats often note that Republicans voted to raise the debt ceiling three times during Trump’s one term, even as he added more than $7 trillion to the national debt.

Trump insisted Republicans in Congress should stand firm.

“I say to the Republicans out there — congressmen, senators — if they don’t give you massive cuts, you’re gonna have to do a default,” he said.

He predicted that the Democrats would “absolutely cave” in the face of such a strong position.

But, he suggested, even if they did not and the U.S. went into default for the first time in its history, “it’s better than what we’re doing right now because we’re spending money like drunken sailors.” Election lies and downplaying Jan. 6

Perhaps the most predictable part of Wednesday’s event came with Trump’s standard lines about the 2020 election, and his minimization of what took place on Jan. 6, 2021.

In both cases, Collins tried to push back, but a combination of the Trump-backing crowd and his brash demeanor contributed to her getting steamrollered.

Trump said that 2020 was “a rigged election.”

It was not.

He also said that the protesters on Jan. 6 2021 “were there with love in their heart.”

Around 140 police officers were injured on Jan. 6, when a crowd ransacked the Capitol while seeking to overturn a legitimate presidential election and thwart the peaceful transfer of power.

Trump soon afterward became the first American president in history to be twice impeached. The second impeachment was for inciting the Jan. 6 riot. A big night for Trump spells trouble for his GOP rivals

CNN may well have delivered Trump his biggest boost yet in his quest for the 2024 GOP nomination — an ironic twist for a news network to which the former president almost always used to append the term “Fake News.”

All of the traits that Trump’s hardcore supporters admire were on full display on Wednesday — the belligerence, the swatting-aside of criticism and the mocking of opponents and adversaries.

He never came close to being trapped in any politically awkward spot — save perhaps when declining to answer whether he wanted Russia or Ukraine to win the war sparked by Russian President Vladimir Putin’s February 2022 invasion. Tornado touches down in Colorado, caught during live newscast Democrats target CNN over Trump town hall

Above all, CNN got humiliated at his hands — a sweet victory for conservatives who detest the network.

The event plainly reinforced Trump’s position as the dominant player in the GOP field.

That is very bad news for the rivals who are already trailing in his wake.

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Business

DeepSeek: US tech stocks tumble on fears of cheaper Chinese AI

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DeepSeek: US tech stocks tumble on fears of cheaper Chinese AI

US tech firms exposed to big artificial intelligence (AI) investments are seeing their shares take a hammering over the emergence of a low-cost Chinese competitor.

The likes of Nvidia, Meta Platforms, Microsoft, and Alphabet all saw their stocks come under pressure as investors questioned whether their share prices, already widely viewed as overblown following an AI-led frenzy, were justified.

Some market analysts put the combined losses in market value, across US tech, at more than $1trn (£802bn).

Money latest: Cost of European holidays surge

Leading AI chipmaker Nvidia’s shares bled 11% in early Wall Street dealing alone, while the tech-focused Nasdaq slid by more than 3%.

The declines were all put down to the emergence late last week of a Chinese AI chatbot that uses lower-cost chips.

Start-up DeepSeek launched a free assistant that, it said, uses less data at a fraction of the cost of incumbent players’ own large language assistants.

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Brian Jacobsen, chief economist at Annex Wealth Management, said the claims had placed in doubt the market’s AI-led dominance of the past two years that have seen AI-linked stocks repeatedly hit new highs.

DeepSeek launched a free assistant it says uses less data at a fraction of the cost of the major players in the industry
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DeepSeek launched a free assistant it says uses less data at a fraction of the cost. Pic: Reuters

He said of the repercussions: “It could mean less demand for chips, less need for a massive build-out of power production to fuel the models, and less need for large-scale data centres.

“However, it could also mean that AI becomes more accessible and help kickstart the development of a wide array of useful applications,” he added.

DeepSeek’s AI assistant is certainly proving popular, becoming the top-rated free application available on Apple’s App Store in the US after, overtaking ChatGPT.

It has even attracted praise from US rivals for the assistant’s performance, despite questions continuing to swirl over the 2023-founded company’s technological development.

It was achieved despite tech export controls, designed to protect US patents, imposed on China by president Joe Biden in 2021.

The share price movements will likely be of concern to his successor in the White House, Donald Trump, who has long accused Chinese firms of profiting from US technology.

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It also remains to be seen whether he will see the competition as aggressive towards US firms, having already indicated he is minded to allow Chinese-owned TikTok to escape a US ban but through shared ownership to help offset national security concerns.

Russ Mould, investment director at AJ Bell, said: “The US government – both under Donald Trump and previously under Joe Biden – have been trying to stop China from accessing Western technology.

“That strategy might have backfired as it looks to have encouraged China to ramp up efforts to build its own technology and we’re now seeing evidence that the country is making waves.”

Market experts said AI customers could ultimately benefit from a share price bounce once the market settled due to improved competition bringing down prices.

Away from the United States, another company licking its wounds on Monday was SoftBank, the Japanese investment firm.

Its shares were 8% down on the day, erasing all the gains seen since last week when Mr Trump announced SoftBank was part of an investment of up to $500bn (£400bn) in US AI infrastructure.

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Politics

Crypto could justifiably spend even more on lobbying

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Crypto could justifiably spend even more on lobbying

An uneasy feeling about the current volume of crypto political spending is understandable. If you believe in the mission, it’s the price of survival.

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UK

King warns of ‘dangerous re-emergence of antisemitism’ as he pays tribute to Holocaust survivors

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King warns of 'dangerous re-emergence of antisemitism' as he pays tribute to Holocaust survivors

The King has warned of the “dangerous re-emergence of antisemitism” and met with Holocaust survivors on the 80th anniversary of the liberation of Auschwitz.

During a visit to the Jewish Community Centre of Krakow – which he opened in 2008 – King Charles said Holocaust Memorial Day “is a moment when we recall the depths to which humanity can sink when evil is allowed to flourish”.

The King then joined survivors and other dignitaries at Auschwitz, marking the first time that a serving British monarch has visited the concentration camp where more than a million people were murdered at the hands of the Nazi regime.

Pic: Reuters
Image:
Pic: Reuters

Before he laid a candle as the UK’s representative at the ceremony, three Holocaust survivors shared their stories, with Tova Friedman saying she felt it was “normal” that “as a Jewish child they all had to die”.

Janina Iwanska also said: “It is difficult to calculate all the people killed here.”

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Survivors recount Auschwitz horrors

Pic: PA
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Pic: PA

Kate, the Princess of Wales, will also join Prince William at a Holocaust commemoration ceremony in London later on Monday.

The royals will pay their respects alongside Sir Keir Starmer and hear survivors and campaigners speak.

King Charles III arrives at Krakow Airport, in Balice, Poland, to attend commemorations at Auschwitz-Birkenau, marking 80 years since the liberation of the concentration camp. Picture date: Monday January 27, 2025.
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King Charles arriving at Krakow Airport, in Balice, Poland. Pic: PA

‘Remembering the evils of the past remains vital’

Speaking in Krakow earlier on Monday, the King said: “In a world that remains full of turmoil and strife, and has witnessed the dangerous re-emergence of antisemitism, there can be no more important message.

“As the number of Holocaust survivors regrettably diminishes with the passage of time, the responsibility of remembrance rests far heavier on our shoulders and on those of generations yet unborn.

“The act of remembering the evils of the past remains a vital task, and in so doing, we inform our present and shape our future.

“Here in Krakow, from the ashes of the Holocaust, the Jewish community has been reborn.”

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King’s poignant journey to Auschwitz a display of his lifelong commitment to Holocaust survivors

The King had a clear purpose as he made his first visit to Auschwitz.

Remembrance – but also the high cost of forgetting.

It was right at the heart of a speech he gave at a Jewish community centre in Krakow, which he opened in 2008; a reminder of his enduring work to champion religious tolerance and interfaith dialogue, ever mindful of what he can do with his global profile.

In the auditorium at Auschwitz, he was one of the most recognisable attendees. But as is so often the case with the Royal Family, his intention was to use his presence to draw even greater attention to those who really matter, the survivors.

The Holocaust Educational Trust described his attendance as elevating the event on a global stage, a signal to the world of its significance.

It was a display of his lifelong commitment to humanise and give a voice to those who 80 years ago were so savagely dehumanised at the hands of the Nazis.

The King went on to say there is “no greater symbol” of that rebirth than the centre he was speaking at.

“In a post-Holocaust world, projects such as this, this centre, is how we recover our faith in humanity,” he said.

“They also show us there is much work still to be done,” he said, adding that it’s important not just to remember the past, “but to use it to inspire us to build a kinder and more compassionate world for future generations”.

“This remains the sacred task of us all,” he added.

Later, the King joined world leaders like Ukrainian President Volodymyr Zelenskyy at Auschwitz, as those who lived through the Holocaust shared their stories of survival.

Pic: Reuters
Image:
Pic: Reuters

‘I remember watching children driven to their deaths’

Survivor Janina Iwanska said that while the camp was originally for political prisoners, in March 1942, “the operators of the camp started building gas chambers and the crematorium”.

“It was no longer a POW camp, a Soviet camp – this is when the killing machine started its operation,” she added.

“It is difficult to calculate all the people killed here.”

Fellow survivor Tova Friedman also told those in attendance: “I remember as a five-year-old child watching from my hiding place as all my little friends were rounded up and driven to their deaths while the heartbreaking cries of their parents fell on deaf ears.

“After all the children were gone and the courtyard was empty – I thought ‘am I the only Jewish child left in the world?'”

She recalled that while held in Auschwitz, she “was being beaten mercilessly by a guard for fidgeting” after “not being able to stand still for hours,” as she looked into her mother’s eyes.

“She was pleading with me ‘don’t cry’. And I didn’t. At five I had the rebellion in me that I would not let them know the pain they are inflicting on me,” Ms Friedman added.

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Holocaust survivor Tova Friedman: ‘Very few of us are left’

More than a million people were murdered at the Auschwitz-Birkenau death camp during the Second World War, most of whom were Jews but also Poles, Roma, Soviet prisoners of war and other nationalities.

Six million Jewish men, women and children died during the Holocaust.

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‘I lost 41 members of my family’

Commemorations at the former death camp began earlier when Poland’s President Andrzej Duda joined Auschwitz survivors laying wreaths and candles at the site.

Their tributes were left at a reconstruction of the Death Wall, the site where several thousand people, mainly Polish political prisoners, were executed.

In a speech, Mr Duda said “we Poles are the guardians of memory today” and had a duty to maintain the life stories of the survivors.

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