Billionaire fund manager Bill Ackman, a staunch President Trump ally, has warned the world is on the brink of a self-induced economic nuclear winter as he begged the Republican leader to pause his sweeping tariffs.The President has an opportunity on Monday to call a time out and have the time to execute on fixing an unfair tariff system. Alternatively, we are heading for a self-induced, economic nuclear winter, and we should start hunkering down, Ackman wrote in a lengthy X post on Sunday night.May cooler heads prevail. Ackman, who endorsed Trumps run for President, issued the stark warning as he insisted the US leaders decision to enforce the 10% tax on imports was quickly losing the confidence of business leaders worldwide. The country is 100% behind the president on fixing a global system of tariffs that has disadvantaged the country. But, business is a confidence game and confidence depends on trust, he wrote. President [Trump] has elevated the tariff issue to the most important geopolitical issue in the world, and he has gotten everyones attention. So far, so good. And yes, other nations have taken advantage of the U.S. by protecting their home industries at the expense of millions of our jobs and economic growth in our country, he continued. But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital.  The country is 100% behind the president on fixing a global system of tariffs that has disadvantaged the country. But, business is a confidence game and confidence depends on trust, he wrote. President [Trump] has elevated the tariff issue to the most important geopolitical issue in the world, and he has gotten everyones attention. So far, so good. And yes, other nations have taken advantage of the U.S. by protecting their home industries at the expense of millions of our jobs and economic growth in our country, he continued.But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital. Calling for a 90-day time-out, Ackman urged Trump to renegotiate the unfair asymmetric tariff deals. He warned, too, that launching an economic nuclear war would only see businesses grind to a halt, as well as consumers closing up their wallets. What CEO and what board of directors will be comfortable making large, long-term, economic commitments in our country in the middle of an economic nuclear war? he said. When markets crash, new investment stops, consumers stop spending money, and businesses have no choice but to curtail investment and fire workers. And it is not just the big companies that will suffer. Small and medium size businesses and entrepreneurs will experience much greater pain. Almost no business can pass through an overnight massive increase in costs to their customers. The consequences for our country and the millions of our citizens who have supported the president in particular low-income consumers who are already under a huge amount of economic stress are going to be severely negative. This is not what we voted for, he added.Ackmans plea came as Trumps sweeping tariff plans continued to hammer global financial markets on Monday after he warned foreign governments they would have to pay a lot of money to lift the levies that he called medicine.The post Billionaire and President Trump ally, Bill Ackman warns that the world is on brink of self-induced economic nuclear winter, begs him to pause tariffs appeared first on Linda Ikeji Blog.

Police operatives on Monday, April 7, forcefully dispersed protesters in Abuja, the Federal Capital Territory, using tear gas canisters to break up a demonstration led by the Take-It-Back Movement and other civil society organisations.

The protesters had gathered in the Maitama area to demand urgent government intervention in economic hardships, alleged abuse of the Cybercrime Act, and the state of emergency President Bola Tinubu had imposed on Rivers State.

Demonstrators, some holding placards that read “Stop the Repression” and “Let Us Breathe,” were seen running for safety as police officers fired tear gas into the crowd.

Our reporter @sagirmohh was among those affected by tear gas fired by police this morning in Abuja, as residents gathered to protest what they describe as bad governance in Nigeria.

He reports that the crowds have now been dispersed.

Watch: 👇🏿 pic.twitter.com/rUkV87z2IC

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— News Central TV (@NewsCentralTV) April 7, 2025

In a statement released ahead of the protest, Juwon Sanyaolu, the National Coordinator of the Take-It-Back Movement, said the demonstration was aimed at resisting what he described as the current administration’s “increasing authoritarianism.”

“We cannot continue to watch as Nigerians suffer under this harsh economic situation while basic rights are trampled upon,” Sanyaolu stated.

Omoyele Sowore, a human rights activist and former presidential candidate, attended the protest to show solidarity with the movement.

The use of force by security operatives has drawn condemnation from activists, who argue that peaceful protests are a constitutional right.

The ignoble @PoliceNG officers were deployed and they attacked us during today’s #RepealTheCyberCrimeAct protest in Abuja. #EgbetokinMustGo #RevolutionNow pic.twitter.com/bJBkX0v1Oj

— Omoyele Sowore (@YeleSowore) April 7, 2025

Videos circulating online show the moment police officers fired tear gas, sending demonstrators fleeing in different directions.

At the time of filing this report, there was no official police statement on the incident.

The Trump administration has canceled dozens of international student visas at California campuses, including UCLA, UC San Diego, UC Berkeley, UC Davis, UC Irvine, and Stanford, university leaders, students, and faculty at campuses.At UCLA, the revocations hit at least nine international students, faculty and student groups said in a statement. Its unclear whether any students were detained by immigration authorities or why their visas were canceled. At UC San Diego, Chancellor Pradeep Khosla said in a campus message that five students had their visas revoked. He said the university received the notification without warning. Khosla said a sixth student was detained at the border, denied entry, and deported to their home country. The federal government has not explained the reasons behind these terminations, Khosla wrote. The students have been notified and we are working directly with them to provide support. Describing a fluid situation, a UC Berkeley spokesperson on Saturday said the school had identified at least six revoked visas. The spokesperson said four were for current undergraduate and graduate students. Two others were for recent graduates.At UC Davis, officials said visas for seven students and five recent graduates were terminated.This number may change. Federal agents have not entered our campus, and they have not placed any member of our community in custody, a university statement said on Saturday. A UC official who spoke on the condition of anonymity because they were not authorized to speak publicly confirmed that the visa actions also affected UC Irvine. Campus spokespeople did not respond to a request for more details. At Stanford, officials said four students and two people who recently graduated had their visas revoked. A university statement did not identify the reasons the students lost their visas or whether they faced arrests. A University of California statement said that several campuses had students who lost their visa status but did not offer more information.The statement said UC is aware that international students across several of our campuses have been impacted by recent SEVIS terminations, referring to the U.S. governments Student and Exchange Visitor Information System database. … “We continue to monitor and assess its implications for the UC community and the people affected. We are committed to doing what we can to support all members of our community as they exercise their rights under the law. In doing that, the university will continue to follow all applicable state and federal laws.A spokesperson for USC, where the more than 17,000 international students make up the largest foreign student population in the state, declined to say whether students on campus were part of the visa sweep. The university does not disclose information about the status of individual student visas, a university statement said.The actions are part of mass visa cancellations that appear to have unfolded at campuses across the country. Other campuses to announce visa revocations include the University of Kentucky, the University of Oregon and Ohio State University.While many actions by the Trump administration to cancel student visas and arrest students last month targeted pro-Palestinian activists, the reasons for these changes were unclear.Asked whether the visa cancellations had to do with students who protested or other matters, Department of Homeland Security spokeswoman Tricia McLaughlin said in an email, wed have to look on a case by case basis. She did not reply to a question about the number of visas revoked in California or how many of the states campuses were affected.Student government leaders at UCLA acknowledged campus concerns in a joint statement issued late Friday. We understand these are deeply uncertain times… To every international student reading this: You belong here. Your presence at UCLA makes this campus stronger, richer, and more beautiful. Our offices will continue to stand, speak, and advocate for you loudly and unapologetically, said the statement from Undergraduate Student Assn. Council President Adam Tfayli and International Student Representative Syed Tamim Ahmad. The visa revocations at UC San Diego involved students who were not involved in pro-Palestinian protests, said the UC official. Last month, the Trump administration began revoking student visas at high-profile campuses, including Columbia, Cornell, George Washington, Tufts , and other universities where it alleged that the students affected were antisemitic and aligned with terrorists because of their pro-Palestinian writings or protests. The administration accused the students of supporting Hamas, which the U.S. designates as a terrorist organization, and said they were threats to national security and U.S. foreign policy.The post Presdient Trump revokes dozens of international student visas at University of California, Stanford appeared first on Linda Ikeji Blog.