Headline

VIDEO: Trump Unveils $1,000 Investment Accounts For Newborn Americans

Published

12 months ago

June 10, 2025

US President Donald Trump has unveiled a policy proposal under his new legislative push—a $1,000 investment account for every American child born between 2025 and 2028.

According to Daily Mail, the initiative, dubbed “Trump Accounts,” will be given to every US citizen born after December 31, 2024, and before January 1, 2029.

Republicans reportedly changed the name of the programme from ‘MAGA accounts’ to ‘Trump accounts’ before the bill passed the House last month.

The government’s $1,000 contribution would reportedly be placed in an index fund tied to the stock market and managed by the child’s legal guardians.

Speaking at the White House on Monday, the president said the accounts “will make it possible for countless American children to have a strong start in life at no cost to the American taxpayer, absolutely no cost. It’s going to have a huge impact.”

Trump called the accounts a “pro-family” initiative as he works to rally senators to support his proposed legislation.

“It is a pro family initiative that will help millions of Americans harness the strength of our economy to lift up the next generation, and they’ll really be getting a big jump on life, especially if we get a little bit lucky with some of the numbers and the economies,” he noted.

The accounts will reportedly be accessible for additional financial contributions throughout the child’s life from family, friends, parents, employers, or other entities, while the recipient of the account could access some of the money when they turn 18 for things like education, training or a first-time home purchase, with full access granted at age 30.

The Trump accounts will reportedly be funded by contributions from private businesses and the heads of Dell, Uber, Altimeter Capital, ARM Corp, Salesforce, ServiceNow, Robinhood and Goldman Sachs were said to have joined the president for the announcement.

Michael Dell, the CEO of Dell Technologies said his company would “match the government’s contributions, dollar for dollar for every child born to a Dell team member.”

“This is investment in our people, their families, our communities and America’s future, and it embodies our core belief that opportunity should begin at birth,” Dell was quoted as saying.

Democrats are reportedly critical of the legislation, which they say will remove millions from Medicaid and add billions to the federal deficit.

Some Republican senators, especially those who represent states with large rural areas, also have expressed concern about the cuts to Medicaid.

The Senate can still amend the bill, which, if that happens, it would need to be re-approved by the House before it could go to Trump for his signature, the report noted.

The president has also stated his hopes to have the bill on his desk by July 4.

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Headline

Strait Of Hormuz: US Announces Sanctions Against Iran

Published

24 minutes ago

May 28, 2026

Editor

The United States Treasury has announced sanctions against Iran’s Persian Gulf Strait Authority.

Treasury Secretary, Scott Bessent, said this in a statement on Wednesday.

The statement extended the threat of sanctions to anyone paying the fees, saying they may be providing support to and receiving services from Iran’s Revolutionary Guards, and therefore may be exposed to sanctions risk.

“The Iranian military’s latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash.

“Treasury has deprived the Iranian regime of revenue for their weapons programs, terrorist proxies, and nuclear ambitions,” Bessent said.

Bessent added that the US has succeeded in disrupting tens of billions of dollars’ worth of revenue from being accessible to Tehran.

Headline

US Launches New Airstrikes On Iran

Published

27 minutes ago

May 28, 2026

Editor

The United States has launched new airstrikes in southern Iran.

The strike shot down four one-way attack drones that posed a threat around the Strait of Hormuz and then a ground control site.

A US official revealed that American forces struck an Iranian ground control station in Bandar Abbas that was about to launch a fifth drone.

The official described the strikes as purely defensive, saying the US intended to maintain the ceasefire.

Report says this is the second time in three days that the US has carried out self-defense strikes against Iranian military targets in southern Iran.

Recall that on Monday the US carried out airstrikes against Iranian missile locations and boats that US Central Command said were preparing to launch mines in the Strait of Hormuz.

Headline

Woman Passes Out After Receiving 100 Strokes Of Cane

Published

4 days ago

May 24, 2026

Editor

A woman has passed out after she and her partner were each flogged 100 times in public for engaging in sex outside marriage under strict Sharia laws in Indonesia’s Aceh province.

The woman, whose identity was not disclosed, was later carried away after the punishment was carried out in Banda Aceh, located at the northern tip of Sumatra island on Thursday.

A masked official dressed in brown robes administered the caning before members of the public who gathered to witness the punishment.

Her partner was also seen wincing in pain while receiving the lashes.

The pair were among several individuals punished for violating Sharia regulations in the province.

Authorities from the Banda Aceh Sharia Court and the Prosecutor’s Office handed down punishments ranging from 25 to 100 lashes for offences including extramarital sex allegedly arranged through online applications.

Aceh remains the only province in Muslim-majority Indonesia operating under Sharia law, where unmarried couples are prohibited from having sexual relations.

Caning is commonly used in the province as punishment for offences such as gambling, alcohol consumption, same-sex relations and sex outside marriage.

Under Aceh’s Sharia regulations, child rape offenders face some of the harshest penalties, including up to 200 strokes of the cane, a prison sentence of as long as 200 months or fines equivalent to two kilograms of gold.

The punishments are usually carried out publicly as a way of shaming offenders in addition to inflicting physical pain.

Such canings are often conducted outside mosques or in open public spaces, with residents watching and taking photographs during the exercise.

Human rights organisations have continued to condemn the practice, arguing that it causes emotional trauma and violates international human rights standards.

Amnesty International and Human Rights Watch have repeatedly criticised the punishments, saying they conflict with Indonesia’s constitution and global legal obligations.

Amnesty said in a statement: “Caning contravenes Indonesia’s constitution and is in clear violation of international human rights law and standards.

‘It constitutes a cruel, inhuman and degrading punishment and can amount to torture in violation of the UN Convention against Torture and other international covenants, to which Indonesia is a State Party.’”

Despite the criticism, local authorities have defended the punishments as part of Aceh’s religious and cultural identity, insisting they serve as a deterrent against immoral behaviour.

Earlier in January, another couple in the province reportedly received 140 lashes each after being found guilty of drinking alcohol and engaging in sex outside marriage.

(Daily Mail)