Trump spouts off about Russia and NATO: On Saturday, at a campaign rally in South Carolina, former Republican President Donald Trump recalled a hypothetical that he said he’d entertained with another head of state.
If that country had not paid up for its defense, and was attacked by Russia, Would NATO still protect it? the head of state purportedly asked Trump.
“‘You didn’t pay? You’re delinquent?'” Trump recounted saying. ‘”No, I would not protect you. In fact, I would encourage [Russia] to do whatever the hell they want. You gotta pay. You gotta pay your bills.'”
Trump seems “gripped by the stubbornly ignorant belief, even after four years in office, that NATO is some sort of protection racket, in which our European allies come to Washington like quivering shopkeepers and make an offering to the local mob boss from their weekly receipts,” writes The Atlantic’s Tom Nichols.
“NATO funding doesn’t work that way, of course, and while European leaders no doubt had their arguments in private with Trump while he was president, it is highly unlikely that the leader of a major power ‘stood up’as if in some sort of audience with Trumpto ask him if he’d stop a Russian invasion of a country ‘delinquent’ in its accounts.”
Nichols’ takethat it’s unlikely that this conversation happened at all, or at least that it went the way Trump told itseems correct. But the most notable takeaway here isn’t whether his anecdote really happened; it’s that Trump felt comfortable signaling his disloyalty to NATO, and that he did it this way. A careful, well-informed critique of NATO this was not.
Movement in Trump cases: It’s going to be a big week for Donald Trump. On Thursday, Judge Juan M. Merchan is likely to schedule the criminal trial for Trump’s alleged hush money payments to porn star Stormy Daniels, meaning the former president’s team will now know exactly how it may interfere with their campaign schedule. (Merchan may dismiss the case altogether.)
Then, on Friday, a ruling is expected in Trump’s civil fraud case, issued by Judge Arthur F. Engoron. The civil fraud case deals with whether Trump misrepresented his net worth to banks and insurers.
Also on Thursday, “the Georgia prosecutor who accused Mr. Trump of conspiring to overturn the 2020 election will face a hearing about her romantic relationship with a lawyer she hired to work on that case,” reports The New York Times. Trump may attend that hearing as well.
Scenes from New York:This past September, Local Law 18 went into effect, which in essence banned most short-term rental Airbnbs from being able to operate legally within the five boroughs. (I covered Local Law 18 here.) This has resulted in massive demand growth for listings in Jersey City and Newarkless convenient for tourists, unless they are visiting to avail themselves of Portuguese food. It has also been a huge handout to NEw York City’s hotel lobby, which supported the 2022 passage of the law.
A November report issued by the group RHOAR, Restore Homeowner Autonomy & Rights, found that more than 90 percent of former Airbnb host respondents are now struggling with paying mortgages and utility bills, which they attribute to the dried-up rental income and vacant rooms. Almost a third reported that they’ve been delaying important repairs because they cannot afford them right now.
The New York Timeshas found that the city’s Office of Special Enforcement, the permitting authority that can allow people to continue renting out rooms in their homes, is allowing very few short-term rentals: “Of the 5,661 applications received by early February, 1,387 have been granted and 955 have been denied.” QUICK HITS The SuperPAC backing Robert F. Kennedy Jr. ran an actually great Super Bowl ad, basically a reinvention of his uncle’s 1960 presidential campaign ad. If you look at Google search traffic, it seems to have workedunless people find anything offputtingly bizarre when they google him. “In aNew York Times/Siena poll of six battleground states last fall, more than 70 percent of voters agreed with a statement that Mr. Biden, 81, is too old to be an effective president, though voters 65 and over were slightly less likely to judge him as too old,” reportsThe New York Times. Yes: You don't demonstrate your seriousness that Trump is an existential threat to democracy by going through the motions to renominate an 81-year-old with a 38% approval rating who 75% of voters think is too old without giving anyone a choice because that's just how things are done.
— Nate Silver (@NateSilver538) February 11, 2024
Naturally, the Biden campaign has joined TikTok to try to curry favor with the young. Some commercial ships that must go through the Red Sea are making their crews all-Muslim to try to protect against Houthi attacks. More than you ever needed to know about death masks, from the BBC. “In Alberta, kids under the age of 16 will no longer be eligible to receive puberty blockers or cross-sex hormones, while sex-change surgeries will be limited to those 18 and older,” reports theCalgary Herald. Other Super Bowl ad takes: “So we are going to make a Super Bowl commercial about Volkswagen’s history” pic.twitter.com/jTNam817R9
— Kyle Martin (@kmartceo) February 12, 2024
And President Joe Biden released a strange video about how snack portions have gotten smaller while prices have stayed the same: I did not predict leaning into the aging issue with an Andy-Rooney-on-quaaludes rant about how chip bags used to be fuller. https://t.co/XnHhLLFZoD
— Mary Katharine Ham (@mkhammer) February 11, 2024
Staff at a zoo in Germany which culled 12 baboons and fed some of their carcasses to the lions say they have received death threats.
Tiergarten Nuremberg euthanised the healthy Guinea baboons at the end of July due to overcrowding in their enclosure.
Some remains were used for research while the rest were fed to the zoo’s carnivores.
Plans to kill the baboons were first announced last year after the population exceeded 40, and protestors gathered outside the zoo to show their outrage.
When the site closed last Tuesday to carry out the cull, several activists were arrested after climbing the fence.
The director of the zoo defended the decision, saying efforts to sterilise and rehome some baboons had failed.
“We love these animals. We want to save a species. But for the sake of the species, we have to kill individuals otherwise we are not able to keep up a population in a restricted area,” Dr Dag Encke told Sky News.
Image: These are not the specific animals involved. File pics: Reuters
‘The staff are suffering’
He said police are investigating after he and the staff were sent death threats.
“The staff are really suffering, sorting out all these bad words, insults and threats,” Dr Encke said.
“The normal threat is ‘we will kill you, and we’ll feed you to the lions’.
“But what is really disgusting is when they say that’s worse than Dr Mengele from the National Socialists, who was one of the most cruel people in human history.
“That is really insulting all the victims of the Second World War and the Nazi regime.”
Josef Mengele was a Nazi officer who performed deadly experiments on prisoners at the Auschwitz concentration camp during the Second World War.
Image: Dr Dag Encke
Zoo animals ‘treated as commodities’
Culling animals and feeding them to predators isn’t unheard of in zoos.
At the time, the zoo said it was due to a duty to avoid inbreeding.
Dr Mark Jones, a vet and head of policy at Born Free Foundation, a charity which campaigns for animals to be kept in the wild, denounced the practice and said thousands of healthy animals are being destroyed by zoos each year.
“It reflects the fact animals in zoos are often treated as commodities that are disposable or replaceable,” he said.
Image: Marius the giraffe was put down and publicly fed to lions at at Copenhagen Zoo in Denmark. Pic: Keld Navntoft/AFP/Getty
Zoo asks for unwanted pets
Earlier this week, a zoo in Denmark faced a backlash for asking for unwanted pets to be donated to be used as food for its predators.
In a Facebook post, Aalborg Zoo said it could take smaller live animals such as chickens, rabbits and guinea pigs, as well as horses under 147cm. It said the animals would be euthanised by specially trained staff before being fed to carnivores like the European lynx.
While some people supported the scheme, saying they had donated animals in the past, others are outraged.
“The very idea of a zoo offering to take unwanted pets in order to kill them and feed them to their predators will, I think, horrify most right-minded people,” said Dr Jones.
Aalborg Zoo has now closed the post to comments and said in a statement: “For many years at Aalborg Zoo, we have fed our carnivores with smaller livestock.
“When keeping carnivores, it is necessary to provide them with meat, preferably with fur, bones, etc., to give them as natural a diet as possible.
“Therefore, it makes sense to allow animals that need to be euthanised for various reasons to be of use in this way.
“In Denmark, this practice is common, and many of our guests and partners appreciate the opportunity to contribute.”
U.S. President Donald Trump speaks to reporters near Air Force One at the the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania.
Anna Moneymaker | Getty Images
After months of speculation, U.S. President Donald Trump has divulged more of his semiconductor tariff plans, but his latest threats might raise more questions than answers.
On Wednesday, Trump said he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are “building in the United States.”
As semiconductors represent an over $600 billion industry at the heart of the modern digital economy, any potential tariffs hold massive weight.
However, experts say the President has yet to provide key details on the policy, which will ultimately determine their full impact and targets.
“It’s still too early to pin down the impact of the tariffs on the semiconductor sector,” Ray Wang, research director of semiconductors, supply chain and emerging technology at The Futurum Group, told CNBC.
“The final rule is likely still being drafted and the technical details are far from clear at this point.”
Big players win?
One of the biggest questions for chip players and investors will be how much manufacturing a company needs to commit to the U.S. to qualify for the tariff exemption.
The U.S. has been working to onshore its semiconductor supply chain for many years now. Since 2020, the world’s largest semiconductor companies such as TSMC and Samsung Electronics have committed hundreds of billions of dollars to building plants in the U.S.
Speaking to CNBC’s “Squawk Box Asia” on Thursday, James Sullivan, Managing Director and Head of Asia Pacific Equity Research at J.P. Morgan, said this could mean most major chip manufacturers receiving exemptions.
If this is the case, the policy could have the effect of “continuing to consolidate market share amongst the largest cap players in the space,” Sullivan said.
Indeed, shares of major Asian chip companies like TSMC, which has significant investments in the U.S., rose in Thursday morning trading following Trump’s announcement. Early this year, TSMC announced it would expand its investments in the U.S. to $165 billion.
Shares of South Korea’s Samsung and SK Hynix — which have also invested in the U.S. — were also trading up after a Korean trade envoy reportedly said on radio that the duo would be exempt from the 100% tariffs.
An exemption on what?
Beyond the question of exemptions, many other aspects of the potential tariffs remain unclear.
Speaking on CNBC’s “Squawk Box Asia,” on Thursday, Stacy Rasgon, senior U.S. semiconductor analyst at Bernstein, noted that most of the semiconductors that enter the U.S. come inside consumer goods such as smartphones, PCs and cars.
While Rasgon said tariffs on these imports may be manageable, broader tariffs would be harder to deal with.
“What we don’t know with [Trump’s] comments on tariffs, is it just raw semiconductors? Are there going to be tariffs on end devices? Are you going to be looking at tariffs on components within end devices?,” Rasgon asked.
The confusion and questions around semiconductor tariffs were brought to the forefront after the U.S. Department of Commerce started a national security investigation of semiconductor imports in April, just as the sector was exempted from Trump’s “reciprocal” tariffs.
The vague language from the Trump administration — though not invoked in the president’s latest proclamations — could theoretically be used to apply broad tariffs to an enormous segment of the electronics supply chain. It’s also unclear on the extent that semiconductor materials and manufacturing equipment used to manufacture chips would fall under the tariffs.
Complex supply chains
Potential tariff strategies could also be complicated by the intricate and interdependent nature of the semiconductor supply chain.
Rasgon gave the example of American chip designer Qualcomm, which sends their designs to TSMC to be manufactured in Taiwan and then imported to the U.S.
“Does that mean those [chip imports] would not be tariffed, because they’re made at TSMC, and TSMC is building in the U.S.?… I don’t know. Hopefully that’s how it would be,” he said.
Another large buyer of semiconductors in the U.S. are cloud service providers like Amazon Web Services and Google, which are essential to power Washington’s AI plans.
According to a recent report from ITIF, semiconductors contribute $7 trillion in global economic activity annually by underpinning a range of downstream applications including AI and “big data.”
In a potential sign of American companies seeking to move their chip supply chains into the U.S., Apple CEO Tim Cook, alongside Trump at the White house Wednesday, announced that it will be supplied chips from Samsung’s production plant in Texas.
The company also announced an additional $100 billion in U.S. investments, raising its total investment commitments in the country to $600 billion over the next four years.