Biden Convenes Panel to Eliminate Threat of Debt Default
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Biden Convenes Panel to Eliminate Threat of Debt Default
Biden Convenes Panel , to Eliminate Threat of , Debt Default.
On July 20, President Joe Biden directed aides
to convene experts to work toward making the
possibility of debt default "a thing of the past.".
NBC reports that the Debt Ceiling Working Group
will "analyze the economic and financial harms associated with debt ceiling brinkmanship.".
As the president has said, now that
the latest debt ceiling crisis is behind us,
it is necessary to explore all legal and policy
options to prevent Congress from ever
again holding hostage the full faith
and credit of the United States, White House statement, via NBC.
According to the White House, the panel of experts will
draw lessons from the experiences of other nations
and offer recommendations to the administration.
Earlier in 2023, Republican House Speaker
Kevin McCarthy and the Biden administration
agreed to raise the U.S. debt ceiling.
The deal narrowly avoided
a debt default that had the potential
to upend the global economy.
NBC reports that the panel will be co-chaired
by White House Counsel Stuart Delery and
Director of the National Economic Council Lael Brainard.
Treasury Secretary Janey Yellen, Attorney General
Merrick Garland and Council of Economic Advisers Chair
Jared Bernstein will also participate in the Working Group.
Treasury Secretary Janey Yellen, Attorney General
Merrick Garland and Council of Economic Advisers Chair
Jared Bernstein will also participate in the Working Group.
Treasury Secretary Janey Yellen, Attorney General
Merrick Garland and Council of Economic Advisers Chair
Jared Bernstein will also participate in the Working Group.
According to the White House, the panel will , "consult with experts outside the government in a
range of fields, including law, economics and history.".
NBC reports that other debt ceiling standoffs have
taken place in the past, leading some Democrats
to call for eliminating the budgetary restraint.
Iranian President Ebrahim Raisi perished in a helicopter crash in Jolfa, attributed to dense fog and harsh weather conditions. Despite international efforts, including assistance from the European Union, no survivors were found. US State Department Spokesperson Matthew Miller expressed condolences but maintained the US's unchanged stance towards Iran, citing Raisi's contentious legacy. Iran sought US aid in the search, but logistical constraints prevented assistance.
#IranPresidentHelicopterCrash #RaisiDeath #RaisiDeathVideo #RaisiBodyFound #EbrahimRaisiCrashVideo #Iran #EbrahimRaisi #HelicopterCrash #Bell212 #IranianTragedy #Investigation #AccidentDetails #PublicSafety #RaisiDeath #HelicopterIncident #IranianPresident #EmergencyResponse #AviationSafety #BreakingNews #NewsUpdate
#oneindianews #oneindiaenglish #breakingnews
#worldnews #englishnewslive #englishnews #latestnews #news
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The International Criminal Court is also looking into issuing arrest warrants for three senior Hamas leaders, a move US president Joe Biden slammed as outrageous, saying there is "no equivalence" between Israel and Hamas.
Credit: euronews (in English) Duration: 02:11Published
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Biden Asserts Executive Privilege , Over Audio of Interview With Robert Hur.
In February, Hur's yearlong investigation
into whether President Biden mishandled classified documents ended without enough evidence to support criminal charges.
In February, Hur's yearlong investigation
into whether President Biden mishandled classified documents ended without enough evidence to support criminal charges.
House Republicans were provided a
transcript of Biden's interview with Hur, but they wanted the audio, which the DOJ denied.
As a result, House Republicans were
moving to hold Attorney General
Merrick Garland in contempt of Congress.
On May 16, the Department of Justice told House Republicans that the president asserted executive privilege over audio from his interview with the special counsel.
The move protects Garland from criminal exposure as GOP lawmakers seek to hold him accountable.
Assistant Attorney General Carlos Uriarte
explained the DOJ's actions in a letter.
The Attorney General must draw a line
that safeguards the Department from
improper political influence and protects
our principles, our law enforcement work,
and the people who carry out that work
independently, without fear or favor, Assistant Attorney General Carlos Uriarte, via letter .
The Committees seek to hold the
Attorney General in contempt
not for failing in his duties,
but for upholding them, Assistant Attorney General Carlos Uriarte, via letter .
With the information you now have,
the Committees ought not to proceed
with contempt and should instead avoid
unnecessary and unwarranted conflict, Assistant Attorney General Carlos Uriarte, via letter .
White House Counsel Ed Siskel also wrote a letter supporting the assertion of executive privilege. .
The absence of a legitimate need
for the audio recordings lays bare
your likely goal—to chop them up,
distort them, and use them for
partisan political purposes, White House Counsel Ed Siskel, via letter
Credit: Wibbitz Top Stories Duration: 01:31Published
China-Based Hackers , Hit With Sanctions and Indictments , Over Cyber Attacks.
ABC reports that the United States has
sanctioned hackers based in China over
alleged attacks on critical U.S. infrastructure.
According to the U.S. Treasury Department,
a state-sponsored front company has provided
cover for multiple cyber attacks on U.S. infrastructure. .
Sanctions by the U.S. and the United Kingdom have
targeted representatives of Wuhan Xiaoruizhi
Science and Technology Company Ltd. (Wuhan XRZ).
The U.S. Treasury Department alleges
that Wuhan XRZ acts as a China-based
Ministry of State Security (MSS) front company. .
ABC reports that the allegations include malicious cyber operations that include the 2020 spear phishing operation against the U.S. Naval Academy. .
ABC reports that the allegations include malicious cyber operations that include the 2020 spear phishing operation against the U.S. Naval Academy. .
On March 25, the U.S. Justice Department indicted seven individuals on charges stemming from their alleged involvement with these malicious operations.
On March 25, the U.S. Justice Department indicted seven individuals on charges stemming from their alleged involvement with these malicious operations.
The Justice Department will not
tolerate efforts by the Chinese
government to intimidate Americans
who serve the public, silence the
dissidents who are protected
by American laws, or steal
from American businesses, Merrick Garland, Attorney General statement, via ABC.
This case serves as a reminder
of the ends to which the Chinese
government is willing to go to
target and intimidate its critics,
including launching malicious cyber
operations aimed at threatening
the national security of the
United States and our allies, Merrick Garland, Attorney General statement, via ABC.
ABC reports that court documents show
that the hackers targeted politicians and
other prominent officials with "tracking links.".
The Conspirators used this method
to enable more direct and sophisticated
targeting of recipients' home routers
and other electronic devices,
including those of high-ranking U.S.
government officials and politicians
and election campaign staff from
both major U.S. political parties, Court documents, via ABC.
The Conspirators used this method
to enable more direct and sophisticated
targeting of recipients' home routers
and other electronic devices,
including those of high-ranking U.S.
government officials and politicians
and election campaign staff from
both major U.S. political parties, Court documents, via ABC
Credit: Wibbitz Top Stories Duration: 01:30Published
Consumer Outlook , Plunges Amid Fears of , More Price Hikes Ahead.
CNN reports that sentiment about the economy among
consumers in the United States has plummeted
to the lowest level in the past six months.
According to the latest consumer survey by the
University of Michigan, consumers are also bracing
for more price increases in the year ahead. .
The consumer expectations gauge,
which is closely monitored by the White House,
dropped 13%, representing the most significant
single month decline since mid-2021.
The latest news is still better than
last May when inflation was at 4%
compared to the current 3.5% reading.
However, CNN points out that despite inflation
being lower than the same time last year, the numbers
have been moving in the wrong direction.
The trajectory has shifted
economist expectations for
the Federal Reserve to cut rates. .
The latest Fed report saw expectations
for year-ahead inflation increase
to 3.5% from the 3.2% forecast in April. .
At the same time, long-run
expectations for inflation also
increased to 3.1% from April's 3.0%. .
According to Chicago Federal Reserve
President Austan Goolsbee, the latest data , "bodes awful for progress on inflation.".
There isn’t, at this time,
much evidence in my view that
inflation is stalling out at 3%, Austan Goolsbee, Chicago Federal Reserve President, via CNN
Credit: Wibbitz Top Stories Duration: 01:31Published
A driver died after crashing a car into the exterior gate of the White House late Saturday, the US Secret Service said. "Shortly before 10:30 pm a vehicle travelling at a high speed collided with an outer perimeter gate on the White House complex" the service said in a statement on social media platform X. The Secret Service, along with the police and fire departments of the District of Columbia, have launched an investigation into the fatal crash, according to Secret Service spokesman Anthony Guglielmi. He added there was "no threat or public safety implications". In January, authorities detained another person who crashed a vehicle into the exterior gate of the same complex.
#WhiteHouseGate #SecurityBreach #USNews #DriverIncident #InvestigationLaunched #SecretService #BreakingNews #USIncident #SecurityAlert #DriverFatality
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The White House defended President Biden's comments on 'xenophobia' regarding India, China, and Japan, stressing the positive role of immigrants in the US. Biden's remarks, made at a Democratic Party fundraiser, linked economic challenges in these countries to xenophobia, but faced criticism. Nonetheless, the White House reaffirmed Biden's commitment to strengthening ties with allies like India and Japan.
#WhiteHouse #PresidentBiden #JapanIndia #USIndia #USJapan #Xenophobia #BidenGaffe #USnews #Worldnews #Oneindia #Oneindianews
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Join us as we delve into Donald Trump's candid conversation with the Milwaukee Journal Sentinel regarding his plans if he loses the 2024 White House race to Biden. Trump's remarks on election integrity and potential outcomes shed light on his post-election strategy. Stay tuned for insights and analysis on this critical issue.
#USNews #USPresidentialElection #UnitedStates #AmericanElection #DonaldTrump #JoeBiden #BidenvsTrump #TrumpSpeech #Oneindia
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Conflict Avoidance, Can Have a Huge Impact on Relationships.
NBC's 'Think' report highlights a growing
trend of conflict avoidance across a wide
spectrum of interpersonal relationships.
This ranges from "ghosting" friends
and lovers to "quiet quitting" a job. .
Conflict avoidance often serves as an excuse
for avoiding the maintenance that both private
and professional relationships require. .
This avoidance can have long-term impacts, including
lowered resilience, mental health and productivity. .
According to a national survey by Cornell University psychologist
and gerontologist Karl Pillemer, 27% of Americans over the
age of 18 have cut contact with at least one family member. .
According to a national survey by Cornell University psychologist
and gerontologist Karl Pillemer, 27% of Americans over the
age of 18 have cut contact with at least one family member. .
NBC highlights the many reasons which appear to
be responsible for growing conflict avoidance.
One of those reasons is modern communications, combined
with an increasing distrust for others, which makes
tuning out people you disagree with an easy option.
One of those reasons is modern communications, combined
with an increasing distrust for others, which makes
tuning out people you disagree with an easy option.
One of those reasons is modern communications, combined
with an increasing distrust for others, which makes
tuning out people you disagree with an easy option.
The pandemic also reduced in-person
interactions that demand real engagement
and for people to resolve their differences. .
Dr. Eugene Beresin, a psychiatrist at Harvard
Medical School, suggests that resolving conflict , “requires building interpersonal skills that are
essential for loving and effective relationships.".
Research suggests that the process of conflict and arguing facilitates talk and awareness of another’s perspective, Jennifer A. Sampa, Communications researcher and therapist, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Courtney Cox is saying she can still feel the presence of her friend and former co-star Matthew Perry even after his death. In a conversation for CBS Sunday Morning, Cox reflected on 2024 marking 30 years since the 'Friends' premiere, noting that for the 10 years she was on the NBC sitcom, her co-stars were her "family," going through "everything" together. Cox then reflected on Perry and talked about their close bond. She added that she has retained a connection with her co-star's spirit.
Credit: The Hollywood Reporter Duration: 01:30Published
Sean Combs Apologizes , for 'Inexcusable' 2016 , Hotel Security Video.
On May 19, Sean "Diddy" Combs issued
an apology after a 2016 video surfaced
of him abusing his ex-girlfriend Cassie. .
NBC reports that the video appears to match
the description of an incident that was detailed
in a lawsuit that has since been settled.
In a video statement released on Instagram, Combs said his , "behavior on that video is inexcusable.".
It’s so difficult to reflect
on the darkest times in
your life, but sometimes
you got to do that. I was
f---ed up — I mean, I hit rock
bottom — but I make no excuses, Sean Combs, via Instagram.
It’s so difficult to reflect
on the darkest times in
your life, but sometimes
you got to do that. I was
f---ed up — I mean, I hit rock
bottom — but I make no excuses, Sean Combs, via Instagram.
My behavior on that video
is inexcusable. I take full
responsibility for my actions
in that video. I'm disgusted.
I was disgusted then when
I did it. I’m disgusted now, Sean Combs, via Instagram.
My behavior on that video
is inexcusable. I take full
responsibility for my actions
in that video. I'm disgusted.
I was disgusted then when
I did it. I’m disgusted now, Sean Combs, via Instagram.
In November, Combs' ex-girlfriend
Casandra Ventura alleged in a federal lawsuit
that Combs raped and physically abused her. .
In November, Combs' ex-girlfriend
Casandra Ventura alleged in a federal lawsuit
that Combs raped and physically abused her. .
At the time, Combs denied the accusations
and stressed that the settlement was
in "no way" an admission of guilt.
The lawsuit included allegations that Combs
attacked her in a hotel, which would appear to
be supported by the 2016 video released by CNN. .
The video was reportedly captured
in a hotel hallway in March 2016 and
includes multiple angles of the incident. .
Combs is currently the subject of a federal investigation
and a number of civil lawsuits, which include accusations
of sexual assault, trafficking and other criminal activities
Credit: Wibbitz Top Stories Duration: 01:30Published
Red Lobster Says , Locations Will Stay Open , After Filing For Bankruptcy.
On May 19, Red Lobster confirmed in
a statement that the company has filed for
voluntary Chapter 11 bankruptcy in Florida. .
NBC reports that the largest seafood chain in
the United States said that filing for Chapter 11 will , "drive operational improvements, simplify the business
through a reduction in locations, and pursue a sale
of substantially all of its assets as a going concern.".
In a so-called stalking horse arrangement, Red Lobster
will sell the entire business to a new entity that is
completely owned and controlled by lenders. .
According to the company, lenders have
provided $100 million in financial commitments
to fund the chain's ongoing operations.
According to the company, lenders have
provided $100 million in financial commitments
to fund the chain's ongoing operations.
NBC reports that the company's bankruptcy
petition lists Red Lobster's assets at a value
between $1 billion and $10 billion.
The chain stressed that despite closing around
99 locations across the U.S., remaining locations
will remain open during the bankruptcy process.
The company added that it has been , "working with vendors to ensure
that operations are unaffected.".
This restructuring is the best path
forward for Red Lobster. It allows
us to address several financial and
operational challenges and emerge
stronger and re-focused on our growth, Jonathan Tibus, Red Lobster CEO, via NBC.
The 56-year-old chain was founded back in 1968.
By 2019, Red Lobster had expanded to include
nearly 700 locations across the country.
NBC reports that the company has struggled
under a growing debt load after failing to regain
a foothold following the COVID-19 pandemic.
Credit: Wibbitz Top Stories Duration: 01:31Published
New Analysis Suggests , Long-Term Effectiveness , for Wegovy Users .
NBC reports that patients taking
Novo Nordisk's obesity treatment maintain
an average of 10% weight loss over four years.
The news potentially boosts the
drugmaker's push for Wegovy to be
covered by insurers and governments. .
The company submitted long-term
findings at the European Congress
on Obesity in Venice, Italy. .
This is the longest study
we’ve conducted so far of
semaglutide for weight loss, Martin Holst Lange, Novo’s head of development, via NBC.
We see that once the majority
of the weight loss is accrued,
you don’t go back and start
to increase in weight
if you stay on the drug, Martin Holst Lange, Novo’s head of development, via NBC.
According to another analysis published by
the drugmaker, approximately 17% of trial participants stopped using the treatment
due to side effects like nausea. .
The costly treatment ranges from $200
to nearly $2,000 per month in the ten
countries where the drug is available.
NBC reports that Novo Nordisk was the
first drugmaker to market GLP-1 agonists,
originally developed as a diabetes treatment,
to address record high obesity rates.
NBC reports that Novo Nordisk was the
first drugmaker to market GLP-1 agonists,
originally developed as a diabetes treatment,
to address record high obesity rates.
Rival Eli Lilly launched its drug
Zepbound in the United States
in December of 2023. .
Neither drugmaker has managed
to produce enough of the
treatment to meet surging demand
Credit: Wibbitz Top Stories Duration: 01:31Published
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A former lawyer for Donald Trump has admitted to jurors in the Republican's hush money trial that he stole tens of thousands of dollars from his then-boss's.. Sky News
Advocates Fight For Those , Sickened By US Nuclear Testing , Program on Capitol Hill.
On June 7, the federal Radiation Exposure Compensation
Act (RECA) program is set to expire, ending a lifeline
for families sickened by the country's nuclear testing. .
On June 7, the federal Radiation Exposure Compensation
Act (RECA) program is set to expire, ending a lifeline
for families sickened by the country's nuclear testing. .
NPR reports that advocates have gathered
on Capitol Hill to fight for so-called atomic
veterans and save the RECA program.
Over the past year, multiple bipartisan
bills were approved by the Senate to
reauthorize and expand the program. .
Those bills stalled out in the House,
due to some Republicans objecting
to the cost of the program. .
According to sponsors of the bills, those concerns
were addressed by reducing the initial 2023 estimate
of $143 billion down to between $50 and $60 billion. .
NPR reports that RECA has provided payments up to
$75,000 to those sickened by the nuclear testing
program, totaling $2.7 billion to over 400,000 recipients. .
One of the groups fighting to have
the program extended is the
Tularosa Basin Downwinders Consortium. .
The group works to raise awareness of illnesses
linked to Trinity, the government's code word for
the first nuclear bomb test, which took place in 1945.
Martinez White, a member of the group,
says fallout from those tests resulted in at
least six cases of cancer in her family of ten. .
I would often go home for
funerals and everybody in
Tularosa was dying of cancer.
We knew something was very weird. , Martinez White, Tularosa Basin
Downwinders Consortium member, via NPR.
There's no industry in the whole
Tularosa Basin but for White Sands
Missile Range, where the
Trinity bomb was detonated, Martinez White, Tularosa Basin
Downwinders Consortium member, via NPR
Credit: Wibbitz Top Stories Duration: 01:31Published
In the United States, the presidential election campaign is in full swing. Young voters are often considered difficult to reach. And with both Democrats and Republicans fielding candidates born in the 1940s, the parties are worried about how to get the youth vote out.
#USPolitics #ElectionCampaign #YouthVote #VoterEngagement #PoliticalParties #GenerationZ #MillennialVoters #GetOutTheVote #YouthEngagement #USPresidentialElection #OIDW #DWVideos
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Biden Wants to Increase Tariffs , on Chinese Steel and Aluminum Imports.
Speaking from the United Steelworkers
union in Pennsylvania on April 17.
Speaking from the United Steelworkers
union in Pennsylvania on April 17.
Biden will call on U.S. Trade Representative Katherine Tai to triple tariffs on Chinese
steel and aluminum, NPR reports. .
Biden will call on U.S. Trade Representative Katherine Tai to triple tariffs on Chinese
steel and aluminum, NPR reports. .
Those tariffs are presently at about 7.5%.
While these Chinese imports "account for less than 1% of U.S. demand," the country's steel prices are 40% cheaper than America's, NPR reports. .
The White House is concerned that
this could prompt a surge of exports. .
China's policy-driven overcapacity poses
a serious risk to the future of the
American steel and aluminum industry, Lael Brainard, Biden's top economic adviser, via NPR.
The president understands
we must invest in American
manufacturing, but we also have
to protect those investments and
those workers from unfair exports. , Lael Brainard, Biden's top economic adviser, via NPR.
The Biden administration also sent officials to Mexico to discuss preventing Chinese steel from entering the U.S. via its southern neighbor. .
I want to emphasize our desire to
cooperate and partner with Mexico
on addressing imports coming in
to the North American market as
a way of circumventing tariffs, Senior administration official, via NPR.
I'm not going to get ahead
of the diplomatic conversations
that have happened today and
that will be happening in the
days and weeks to come. , Senior administration official, via NPR.
But I think we're hoping to come to
a mutually acceptable solution with
Mexico, because this is a problem that
affects both of our economies, Senior administration official, via NPR.
United Steelworkers recently endorsed Biden
after he voiced his opposition to a U.S. Steel takeover by Nippon Steel, a Japanese company. .
United Steelworkers recently endorsed Biden
after he voiced his opposition to a U.S. Steel takeover by Nippon Steel, a Japanese company.
Credit: Wibbitz Top Stories Duration: 01:31Published
Bill Maher's convinced the left and the right in America are way more similar than they each think, and he says they'll realize it soon enough ... y'know, in.. TMZ.com
House GOP Advances Aid Bills , for Israel, Ukraine and Taiwan.
The foreign aid bills were advanced by a
9-3 vote, thanks to the help of four Democrats on the committee, CBS News reports. .
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger Fernández.
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger Fernández.
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger Fernández.
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger Fernández.
Conservatives who voted against the bills,
because border security wasn't lumped in, include Tom Massie, Ralph Norman and Chip Roy. .
Conservatives who voted against the bills,
because border security wasn't lumped in, include Tom Massie, Ralph Norman and Chip Roy. .
A final vote on the foreign aid package
will take place on April 20. .
The three bills would support Israel,
Ukraine and Taiwan with $26.4 billion,
$60.8 billion and $8.1 billion, respectively. .
The three bills would support Israel,
Ukraine and Taiwan with $26.4 billion,
$60.8 billion and $8.1 billion, respectively. .
The three bills would support Israel,
Ukraine and Taiwan with $26.4 billion,
$60.8 billion and $8.1 billion, respectively. .
$9.1 billion of the Israel package would go toward Palestinian humanitarian efforts. .
A fourth bill seeks to allow the sale of Russian oligarchs' assets that have been frozen in order to continue funding Ukraine.
possibly "force the sale of TikTok
and authorize stricter sanctions on Russia, China and Iran," CBS News reports. .
possibly "force the sale of TikTok
and authorize stricter sanctions on Russia, China and Iran," CBS News reports. .
Some far-right Republicans have threatened to remove House Speaker Mike Johnson from his position for supporting additional Ukraine funding.
Johnson defended his actions, calling lethal aid for Ukraine "critically important.".
If I operated out of fear over
a motion to vacate, I would
never be able to do my job, House Speaker Mike Johnson, via statement.
Look, history judges us for what we
do. This is a critical time right now
critical time on the world stage. , House Speaker Mike Johnson, via statement.
I could make a, you know I can make
a selfish decision and do something that, that's different. But I'm doing here
what I believe to be the right thing, House Speaker Mike Johnson, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
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