TD Bank hit with record US$3 billion fine over drug cartel money laundering
TD Bank will pay US$3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday.
An American presidential historian predicts a Kamala Harris presidency as the outcome of the U.S. November elections.
In an interview with CTV News Channel on Tuesday, Allan Lichtman forecast that Kamala Harris will become the first female president, the second of African descent and the first of South Asian descent.
Lichtman is known for his accurate election predictions. He has correctly forecast the winner of nearly every presidential race since 1984, with the exception of one: Republican George W. Bush versus Democrat Al Gore in 2000.
Lichtman disputes that he predicted right after claiming that "Florida messed up that election," and Al Gore should have won.
His method, the "13 keys to the White House," examines the strength and performance of the incumbent party rather than polls or pundits.
In an article published in the National Council for the Social Studies, Lichtman outlines the 13 keys: party mandate, contest, incumbency, third part, short- and long-term economy, policy change, social unrest, scandal, foreign or military success, incumbent charisma and challenger charisma.
"If six or more of the keys turn against the White House Party, they are predicted losers, fewer than six negative keys, they are predictive winners," Lichtman explained to CTV News Channel.
Using this model, Lichtman said in April 1982 he accurately predicted Ronald Reagan's re-election, during the worst recession since the Great Depression and when the president's approval ratings were down.
"In 2016, I defied the pundits, the pollsters and most other modellers by calling the winner as Donald Trump, which did not make me very popular in 90 per cent plus democratic Washington, D.C., where I teach at American University," Lichtman said.
Lichtman's prediction comes ahead of Tuesday's highly anticipated debate between U.S. Vice-President Harris and her opponent, former U.S. president Trump.
While many political analysts will closely watch the debate for clues about the election outcome, Lichtman cautions against putting too much stock in the event.
"Debates do not predict election results any more than any event in the campaign – the ads, the fundraising, the speeches, the dirty tricks," Lichtman said. "Hillary Clinton won all the debates and still lost in 2016. John Kerry won the debates against a very bad debater, George W. Bush, but still lost the election."
Lichtman said his prediction comes before the debate to prove that outcomes are not dependent on campaign events. "But certainly, watch the debates. They're interesting. They can give you insight into the candidates. They can be informative," he added.
Watch the full interview with Allan Lichtman at the top of the article.
TD Bank will pay US$3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday.
Milton made landfall as a Category 3 storm Wednesday night, causing widespread destruction and immobilizing critical infrastructure. The extent of the damage is not yet known.
Hurricane Milton ripped through Florida Wednesday evening, leaving a trail of destruction, flooding and power outages.
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Police north of Toronto have released video of what they’re describing as a violent, targeted robbery in Thornhill, where suspects boxed in the victim’s car and made off with a suitcase filled with cash.
Conservative Leader Pierre Poilievre says that while his party backed a Bloc Quebecois motion seeking money to boost seniors' benefits, he thinks there are 'other ways' to address affordability for older Canadians.
Ethel Kennedy, the wife of Sen. Robert F. Kennedy who raised their 11 children after he was assassinated and remained dedicated to social causes and the family’s legacy for decades thereafter, died on Thursday, her family said. She was 96.
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