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2025-01-24
Donald Trump takes this bold decision ahead of January 20 swearing-in ceremony. How will US President-elect be benefitted?amazing digital circus pomni

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Opinion editor’s note: Strib Voices publishes letters from readers online and in print each day. To contribute, click here . ••• Dick Schwartz’s Thanksgiving Day commentary, “The year a mother’s turkey encountered a son’s new vegetarian ways” was an utter delight. A wonderful and refreshing change from the usual holier-than-thou rants about progressive insanity or conservative evil. The rants are now tedious. This was the opposite to me. Uplifting, giving me a smile, and relatable. What son or daughter hasn’t gotten sideways with Mom because we did something young and stupid? Just a wonderful thing to read. Michael Heiser, Eden Prairie ••• I read with some perplexity the expressions of horror over suggesting that cannabis could be a part of Thanksgiving celebrations (Readers Write, Dec. 2). A simple substitution illustrates it better: “Apparently there are people who want to add the odor of [alcohol] to the smell of turkey and pumpkin pie. ... What will the safe dose be for the children at the feast? How will anyone keep the little ones away if everyone is so mellow? What will be the safe dose for the designated drivers driving, or staggering away, from grandmother’s house?” If you’re serving alcohol at your own Thanksgiving celebration, don’t presume to lecture others about cannabis. Steve Hoffmann, Anoka ••• First, to the Minnesota Star Tribune Editorial Board regarding a quote from “Thankful, mindful, hopeful, realistic” (editorial, Nov. 28): “Be thankful for free and fair elections, and for the peaceful transfer of presidential power that has endured throughout our nation’s history.” You all must have missed the insurrection and the unpeaceful transfer of power following the 2020 election. Second, I also agree with the writer of “Let’s take it a step further” (Readers Write, Nov. 28) that civics should be taught in schools. Marla Riemer, Maple Grove Keep holding Trump accountable There were two versions of Donald Trump’s call with Mexico. Thanks to the Minnesota Star Tribune for making this front-page news (”2 versions of Trump call with Mexico,” Nov. 29). MAGA media was already trying to promote Trump as a brilliant negotiator with his 25% tariff gambit, supposedly causing Mexico’s president Claudia Sheinbaum to cave in to his demands. The truth is, Mexico had already responded to President Joe Biden’s negotiations that resulted in a 75% reduction in border apprehensions since December 2023. I trust the Star Tribune will also continue to call out Trump, the consummate credit-grabber, for claiming he is responsible for the infrastructure transformation, new factories being built, significant job gains and huge private investments that are the result of Biden’s Infrastructure Investment and Jobs Act and CHIPS and Science Act. Please keep reminding people of all the promises that Trump made to the workers of this country that he will not keep, while he makes sure his billionaire buddies get their tax breaks made permanent. Roland Hayes, Shoreview ••• Why do I believe the president of Mexico is telling the truth and not the newly elected president of the United States. So, so sad. Four years of lies. Bill White, Eagan Bremer’s sale is good for Minnesota It’s disappointing that Evan Ramstad felt compelled to criticize the leaders of Bremer Bank for the announced sale to Old National Bank ( ”Bremer Bank’s inglorious ending,” Nov. 26). The Bremer management team has strong integrity and character and, importantly, expert judgment about what is best for the shareholders, employees and communities Bremer serves. While it’s easy to think prior arrangements that never had firm footing would have been better, litigation caused a change in approach, or remaining independent is better for Minnesota, Ramstad fails to address the fundamental shifts occurring in the banking industry. Progressing regulation, rapidly advancing technology and intense competition are leading all banks to re-evaluate their strategy, and consolidation is a critical element of improving scale that addresses the numerous environmental challenges. What is best for Minnesota is a solid and competitive banking sector, and I am confident Old National and Bremer will help ensure this. Benefiting from my 35-year career in banking, this is how Bremer’s shareholders, employees and communities will succeed. Elliot Jaffee, Minneapolis The writer is the former executive vice president of U.S. Bank. Well, I’m staying I have read with amusement the recent debate on the opinion pages between people vowing to either keep or cancel their subscriptions to the Star Tribune. It amazes me the degree to which people become exercised and the myriad subjects that push their buttons. Well, I’m staying. Even though the agenda and mission of the Star Tribune’s columnists and the great majority of the Editorial Board are anathema to me, I’m continuing to subscribe as a tip of the cap to the great Chinese general and military strategist Sun Tzu, who is credited with saying, “Keep your friends close and your enemies closer.” I want to keep learning what you guys are up to. Phil Larsen, Dayton ••• I was initially confused about why a reader suggested the paper should try to make conservatives smile by covering stories about criminals, grocery prices and student loans ( “Switch up your coverage,” Readers Write, Nov. 30). However, I’m trying to lean into Becky Kennedy’s advice in her book “Good Inside” about making the MGI (most generous interpretation) about someone’s behavior. I’m going to assume the reader simply does not have time to read the entire paper every day. For example, on Nov. 29 the front page featured a picture of two siblings serving a meal to a guest at a homeless shelter who had two cats on their shoulders (”On Thanksgiving, furry family gets a seat at the table”). Big smile from my four-year-old daughter when I showed her. Strib Voices featured a couple celebrating fifty years of marriage and their meet-cute story ( ” ‘Where did you meet?’ It was my 157th visit to the Joint Bar, and it was Mary’s first ... “ ). Big smile from me, an unabashed romantic comedy lover. Below that article was a holiday memory of two young sisters from 1960 that I shared with my mom ( ”A Christmas lunch in Minneapolis, 64 years ago” ). She texted back saying it brought back a “feel good feeling” from her own childhood. If those were not enough, I find Arlo and Janis, F Minus, and Pearls Before Swine (notice I left out Doonesbury!) often bring a nonpolitical smile to my face most days. I believe there are plenty of subjects that would make folks across the political spectrum smile in this paper, if one is lucky enough to have the time. Joe Kennealy, Eden Prairie More than meets the tie I attended the recent Gophers-Nanooks hockey game that your paper reported as simply ending in a “tie” ( “U shoots plenty, settles for tie,” Nov. 30). This description understates a great match that went into double overtime and ultimately a shootout. As a grandfather who went with his grandsons, we witnessed an excitement that built throughout the overtime periods. While the game is officially recorded as a tie for NCAA tournament purposes, the teams played through additional overtime periods and a shootout to determine crucial conference points. This distinction explains why the score appeared as a tie in your reporting, despite the game’s dramatic extended conclusion. There’s no way that those of us at 3M Arena at Mariucci experienced a tie — we experienced a game that deserved nuanced coverage. Future reporting might better serve your readers by explaining both the official result and the exciting conclusion that determined conference points. Andy Halper, Edina

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SOFTECH TEXAS LLC Announces U.S.'s First NFC Chip Factory, Transforming the Future of Smart TechnologyX-Bow to Receive Additional Funding for Expansion of DoD Contract for Hypersonic Solid Rocket Motor DevelopmentThe increase is an addition to the $64 million awarded to X-Bow in 2023 to expand production capacity of the solid rocket motor industrial base. LULING, Texas , Dec. 20, 2024 /PRNewswire/ -- X-Bow Systems Inc. (X-Bow), a leading non-traditional producer of advanced solid rocket motors (SRMs) and defense technologies, today announced the expansion of its contract to provide large solid rocket motors (SRM) to the U.S. Navy and the U.S. Army. This increase reinforces X-Bow as a new supplier of SRMs and strengthens the Defense Department supply chain in a critical period for the United States . Following the increase, X-Bow hosted Ms. Adele Ratcliff , Director of the DoD's Innovation Capability and Modernization (ICAM) Office, at our expanding Texas campus on December 3, 2024 . Ms. Ratcliff leads the Industrial Base Analysis and Sustainment (IBAS) Program, crucial for fortifying the U.S. defense industry and fostering emerging sectors like advanced manufacturing to ensure rapid response to national security needs. Ms. Ratcliff stated, "It is a national imperative that DoD seek new and rapid alternative sources of solid rocket motor production that provide the Department's decisions makers options that not only meet DoD's operational needs but bring capabilities and capacity to bear that grow the defense industrial base (DIB). X-Bow is a critical partner in the DIB ecosystem that aims to provide technical overmatch in the Hypersonics domain." "This contract expansion underscores the critical role X-Bow is playing in modernizing the U.S. defense industrial base," said Max Vozoff , CTO, X-Bow Systems. "Our innovative manufacturing techniques and focus on advanced materials will enable us to deliver high-performance solid rocket motors more efficiently and cost-effectively, strengthening our national security posture." Ms. Ratcliff witnessed X-Bow's new methods for manufacturing SRMs and energetics that will lead to a significant increase in SRM production capacity and decrease in cost for production of SRMs. X-Bow is nearing completion of its Texas campus which, when finished will be the second-largest solid rocket motor production facility in the United States . This facility will significantly enhance our nation's defense readiness. Ms. Ratcliff's visit highlighted the vital role X-Bow plays in strengthening the U.S. Defense Industrial Base through our advanced manufacturing approach to solid rocket motor technology. About X-Bow Systems X-Bow Systems is disrupting the aerospace industry with innovative and cost-effective advanced manufactured energetics for the solid rocket motor and launch vehicle market. X-Bow is also designing and building a suite of modular solid rocket motors and small launch vehicles for both orbital and suborbital launch services. X-Bow is led by CEO Jason Hundley , Chairman Mark Kaufman , CTO Max Vozoff , CRO Maureen Gannon, General Counsel John Leary , COO Mike Bender and a growing team of seasoned industry veterans and new space entrepreneurs. X-Bow is a dual-use technology company with investment from Crosslink Capital, Razor's Edge Ventures, Balerion Space Ventures, Boeing, and Lockheed Martin Ventures. Headquartered in Albuquerque, New Mexico , X-Bow has additional presence in California , Alabama , Colorado , Texas , Utah , Maryland and Washington, DC . For more information visit www.xbowsystems.com . About DoD's Innovation Capability and Modernization (ICAM) Office: The Innovation Capability and Modernization (ICAM) Office manages and executes the DoD's Industrial Base Analysis and Sustainment (IBAS) Program Element, which aims to improve the readiness and competitiveness of the U.S. industrial base by investing in, and establishing high priority domestic capabilities for new supply chains needed for national security and mitigating exposure to global supply chain risks. The appearance of U.S. Department of Defense visual information does not imply or constitute DoD endorsement. View original content to download multimedia: https://www.prnewswire.com/news-releases/x-bow-to-receive-additional-funding-for-expansion-of-dod-contract-for-hypersonic-solid-rocket-motor-development-302337560.html SOURCE X-Bow Systems

Australia's regional property markets continue to outperform their metro counterparts, but price growth is cooling. or signup to continue reading Regional dwelling values rose 1.1 per cent in the three months to October, compared with 0.8 per cent in the cities, . The respective growth rates have softened from 2.3 per cent and 2.2 per cent respectively in the quarter to April. Mining regions in WA and Queensland led the charge, with property values in Mackay, Geraldton and Townsville up 8.8 per cent, 8.2 per cent and 6.6 per cent, respectively. Over the year to October, dwelling prices in each of the three markets surged by more than a quarter, driven by affordability and lifestyle appeal, CoreLogic economist Kaytlin Ezzy said. "But even with the impressive growth, for those with the capacity to service a mortgage, they still remain attainable with medians less than $600,000," Ms Ezzy said. In NSW and Victoria, there were signs of cooling in markets that had run hot during COVID-era tree and sea changes. Seven out of eight Victorian non-capital significant urban areas posted value drops, along with 10 of 21 equivalent regions in NSW. The holiday town of Batemans Bay on NSW's southern coast fell the most with a 2.7 per cent slump over the quarter, followed by Warrnambool on Victoria's southwest coast, where values sunk 2.6 per cent. "There's certainly been a slowdown in demand for these areas and more stock on the market and that's in addition to higher interest rates, cost of living pressures, and limited borrowing capacity" Ms Ezzy said. Over the year, 10 property markets in the southeastern states posted declines, led by a 6.3 per cent fall in the town of Ballarat in central-western Victoria. Regional rental prices grinded 0.5 per cent higher over the three months, but held steady on average across capital cities. As for mortgage affordability, Westpac economists recently joined NAB in pushing expectations of a Reserve Bank interest rate cut from February to May 2025. ANZ and CBA economists still expect the RBA to ease the cash rate for the first time in more than four years in February 2025. REGIONAL PROPERTY VALUES AT A GLANCE: - Highest quarterly growth: Mackay (Qld) - 8.3 per cent - Lowest quarterly growth: Batemans Bay (NSW) - minus 2.7 per cent - Highest annual growth: Geraldton (WA) - 28.7 per cent - Lowest annual growth: Ballarat (Vic) - 6.3 per cent - Shortest days on market: Bunbury (WA) - 13 days - Longest days on market: Batemans Bay (NSW) - 72 days REGIONAL RENTALS AT A GLANCE: - Highest quarterly rental growth: Albany (WA) - up 3.0 per cent - Lowest quarterly rental growth: Batemans Bay (NSW) - minus 2.4 per cent - Highest yearly rental growth: Geraldton (WA) - 14.6 per cent - Lowest yearly rental growth: Burnie - Somerset (Tas) - 1.8 per cent - Most affordable: Burnie - Somerset (Tas) - $408 - Least affordable: Gold Coast - Tweed Heads (Qld and NSW) - $833 DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement AdvertisementSAN DIEGO — U.S. Magistrate Judge Benjamin Cheeks, a former San Diego prosecutor and defense attorney, is tracking toward becoming one of the last two federal judges appointed by President Joe Biden, though it remains uncertain if he’ll make it across the finish line that is the Senate confirmation needed for the life-tenure position. Nominated by Biden in October for a U.S. district judge seat in the Southern District of California, Cheeks has become a political pawn in Washington, D.C., where Senate Democrats and Republicans are battling over more than a dozen federal judgeships in the waning days of the Biden administration. Both Biden and President-elect Donald Trump during his first term made judicial nominations a priority, as federal courts often have the final say on the legality of a president’s policies and the constitutionality of state and federal laws. During Trump’s first term, he appointed a total of 245 federal judges, including three Supreme Court justices, 54 appeals court judges and 174 district court judges, according to the U.S. Courts . Trump appointed just one judge to the federal bench in the Southern District of California. Biden will likely end his term having appointed about 230 federal judges, including at least six in the San Diego area. Cheeks would be his seventh appointee. Despite a Republican-led Senate confirming 19 of Trump’s nominees after he lost the 2020 election, Trump recently urged the Senate not to do the same for Biden by confirming his last slate of nominees, including Cheeks. “The Democrats are trying to stack the courts with radical left judges on their way out the door,” Trump claimed on social media. “Republican senators need to show up and hold the line — no more judges confirmed before inauguration day!” A few days later, after Senate Republicans promised to try to fulfill Trump’s wishes by stalling and preventing any more confirmations, Senate Democrats and Republicans reached a compromise . The terms of the deal allowed the Senate to confirm at least 12 more district judges without Republican roadblocks but will leave vacant four openings on appellate courts that Trump can fill. Cheeks was not among the 12 nominees included in the compromise, so Senate Republicans could still try to block his confirmation without reneging on the deal. But with a Democratic majority still in power, his confirmation rests more on whether the Senate has time to push his confirmation through, according to Carl Tobias, the Williams Chair in Law at the University of Richmond School of Law. “I’m cautiously optimistic,” said Tobias, who tracks federal judge and U.S. attorney appointments. “It’s certainly possible, but whether it’s probable, I can’t say.” Cheeks and Serena Murillo, a candidate for U.S. district judge in the Los Angeles area, got past a key hurdle just hours before the Senate compromise when they had a hearing in front of the Senate Judiciary Committee. The committee now must approve their nominations and send them to the full Senate for a vote. The Senate is on recess this week for Thanksgiving. But Tobias said that if the Judiciary Committee votes to approve the duo in the first or second week of December, it would give the full Senate enough time to confirm the two judges before going on a final recess. When the Senate returns from that recess, a new Republican majority will take power and would almost certainly vote against the Biden nominees. There are currently two federal judgeship vacancies in the Southern District of California, which covers San Diego and Imperial counties. The last-minute rush to confirm Cheeks stands in stark contrast to the nominee for the other vacant seat. San Diego Superior Court Judge Rebecca Kanter was nominated in January but never got a hearing in front of the Senate Judiciary Committee. Her nomination will expire when the new Senate convenes next year. Neither Kanter nor Sen. Alex Padilla responded to recent questions about why her confirmation process stalled. “I’m bewildered by it,” Tobias said. “It’s so rare something like that happens ... It makes no sense.” Kanter was a federal prosecutor in San Diego for 16 years before winning a contested election to become a state court judge. Tobias said there was no indication of any red flags in her background. “The only people who may know what happened are the senators,” Tobias said, referring to Padilla and Laphonza Butler. Each state’s senators are typically responsible for vetting and recommending nominees to the president. Meanwhile, San Diego U.S. Attorney Tara McGrath, a Biden nominee confirmed by the Senate last year , appears unlikely to resign before Trump takes office. “The U.S. Attorney is proud to serve this district and will continue in the role as long as she is needed,” spokesperson Kelly Thornton said in a statement Monday. If history holds, the new Trump administration will request the resignations of McGrath and other Biden-appointed U.S. attorneys shortly after inauguration day. It’s a customary process that occurs for most of the 94 U.S. attorneys across the nation each time a presidential administration from a different party takes office. Trump’s U.S. attorney in San Diego, Robert Brewer, resigned on the last day of February 2021 , about a month after President Joe Biden’s inauguration. Weeks earlier, the Biden administration had requested the resignations of Brewer and all but two Trump-appointed U.S. attorneys. If McGrath is asked to resign, it will be up to the Trump administration to nominate her replacement and up to the Senate to confirm that nomination. That could take years, based on recent history. Former San Diego U.S. Attorney Laura Duffy, an appointee of President Barack Obama, was not sworn in as U.S. attorney until May 2010, about 16 months into his presidency. Brewer took office in January 2019, halfway through Trump’s first term. McGrath was sworn in just a year ago, nearly three full years into Biden’s presidency. Until Trump’s nominee is in place, the Department of Justice will appoint an acting U.S. attorney to lead the office. In the recent past, that interim position has gone to the first assistant U.S. attorney, the No. 2 person in the office. Andrew Haden, who had previously served as first assistant before McGrath’s arrival, was elevated back to the No. 2 position in the office earlier this month. His serving as acting U.S. attorney in the event of McGrath’s resignation would appear to make sense, given that he briefly filled the same role last year before McGrath took office. But that will ultimately be the decision of the DOJ and the attorney general, which at the moment is slated to be former Florida Attorney General Pam Bondi. ©2024 The San Diego Union-Tribune. Visit sandiegouniontribune.com . Distributed by Tribune Content Agency, LLC.Waterfront homes in desirable neighbourhoods are leading Sydney’s downturn, with values falling by as much as 10 per cent in the past three months in some areas, fresh data reveals. Buyers’ limits are being tested at the upper end of the market as higher interest rates for longer weigh on the ability and appetite to pay top dollar for blue chip real estate. A string of waterfront suburbs topped the list of largest house value falls in the three months to October, including Balmain East (down 6.9 per cent), Glebe (down 6.5 per cent), Rodd Point (down 9.7 per cent) and Abbotsford (down 8.1 per cent) on CoreLogic data. Zetland recorded the largest fall, at 10.1 per cent, in that period. The data included suburbs with a minimum of 20 sales. It was a similar trend for units, with the fastest falling suburb being Kurraba Point – its median, almost double the Sydney-wide value, fell 6.9 per cent to $1,537,771. That was followed by McMahons Point (down 5.3 per cent), Mosman and Neutral Bay (both down 4.1 per cent). CoreLogic head of research Eliza Owen said the steepest declines were in suburbs where values were much higher than the citywide median. “It’s the high end of the Sydney market where most declines have been concentrated,” Owen said. “The median house value is $1.5 million, and the high end, the top 25 per cent of house values in Sydney, start at $1.8 million.” Aside from Zetland, the rest of the suburbs in the top 10 sit in the top quartile of the market where values are falling the most , Owen said. “This represents premium areas like Fairlight in the northern beaches, Glebe and Forest Lodge. A lot of these suburbs are extremely desirable markets within the parts of Sydney,” she said. The auction of a three-bedder in Zetland: It sold for $2.33 million, some $20,000 below its reserve. Credit: Rhett Wyman “There is a lot more investor concentration in the market, and investors tend to target lower value properties and units. “It’s also a reflection of affordability constraints, high interest rates, high cost-of-living pressures pushing buyers out of the high end, and [that] has them seeking the next most affordable market.” Owen said it was a similar trend with units: a string of suburbs that have double Sydney’s median unit value fell fastest. “Affordability is exhausted across the high end and the buyers are just not there, and I do think it’ll spread,” Owen said. “That’s because it’s a natural progression of the cycle, where the higher values go at the low end of the market, the more out-of-reach they become, so demand begins to weaken there as well.” McGrath Maroubra’s Simon Nolan said even rare houses in a unit-heavy market such as Zetland were struggling to find willing buyers because they were at the top end of the suburb. “I’m at a price point that’s barely tested in the suburb,” he said. “It’s a price point where very few people have ever paid that sort of price. It’s never easy to get two of them. “People in Zetland don’t have that budget. It’s quite a rare person to have that money in the upper end. Overseas money doesn’t seem to be coming in either. Even they are not getting involved. “It’s certainly not an oversupply problem but a price point problem because of affordability and interest rates, and I’m seeing that across the board.” Warwick Williams’ Samuel Williams said the supply and demand balance had flipped in tightly held Rodd Point. “We’ve had a lot more supply in the last 12 to 18 months,” he said. “There were a couple of outlier sales as well ... when stock levels were very low so we were getting a premium too.” Williams said that turnkey homes were commanding a premium because the cost and availability of labour was proving difficult. Since rates had remained steady, the number of homes hitting that market in this pocket was piling up. CobdenHayson Balmain’s Matthew Hayson said that even in the exclusive peninsula of Balmain East, there were more buyers for the lower end of the market than the top as affordability was being tested. “We’ve said the depth of the buyer pool has been tested for the past six months,” Hayson said. “Supply and demand has fallen in favour of buyers, and any agent will tell you ‘you’ve got a two-week window to secure a buyer’, and if you don’t, you’re in for a tricky time,” he said. “That’s very much evident at the top end.” As a recent example, he said that a property in Balmain East hit the market with a guide of $15 million, the auction was postponed, and the guide dropped to $12 million before selling for $10 million in a private treaty sale.

‘We don’t want to be too stuffy’: New Powerhouse boss on what we can expectUS President-elect Donald Trump has moved the stake he owns in Trump Media & Technology to a revocable trust, Reuters reported. Trump transferred 114.75 million shares, or 53 per cent of Trump Media & Technology's outstanding stock, to the revocable trust of which he is the sole beneficiary, according to securities filings. His stake in the company was valued at more than $4 billion based on the stock's last closing price of $35.41. Trump said in November that he had no intention of selling his shares in the company, which owns the Truth Social media platform, as per a Reuters report. Also Read : The Brutalist: Is is available on streaming? When and where to watch online Trump's eldest son, Donald Trump Jr., is the sole trustee of the trust and has sole voting and investment power over securities held by it, according to the securities filings. 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Also Read : iPhone 17 Pro Design Takes Unexpected Turn: What’s New in Latest Report? The company's shares were down 4 per cent at $33.86 on Friday. FAQs Q1. What is designation of Donald Trump? A1. The designation of Donald Trump is US President-elect. Q2. When is Donald Trump's swearing-in ceremony taking place? A2. Donald Trump's swearing-in ceremony is taking place on January 20. (You can now subscribe to our Economic Times WhatsApp channel )

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