Biden Administration , Takes Action Following , Silicon Valley Bank Shutdown.
Biden Administration , Takes Action Following , Silicon Valley Bank Shutdown.
On March 13, President Joe Biden said that people
should remain confident in the banking system
following the collapse of Silicon Valley Bank last week.
On March 13, President Joe Biden said that people
should remain confident in the banking system
following the collapse of Silicon Valley Bank last week.
Thanks to the quick action of my
administration over the past few days,
Americans can have confidence that
the banking system is safe.
Your deposits
will be there when you need them, Joe Biden, President of the United States, via NBC.
Thanks to the quick action of my
administration over the past few days,
Americans can have confidence that
the banking system is safe.
Your deposits
will be there when you need them, Joe Biden, President of the United States, via NBC.
NBC reports that it was, the second-largest bank failure, in the history of the United States.
In an attempt to ease uncertainty regarding
the U.S. banking system, President Biden
addressed actions his administration plans to take.
According to Biden, the administration
will implement measures to protect
customers' deposits and safeguard U.S. taxpayers,
while also holding responsible parties accountable.
According to Biden, the administration
will implement measures to protect
customers' deposits and safeguard U.S. taxpayers,
while also holding responsible parties accountable.
In my administration, no one
is above the law.
And finally,
I must reduce the risk
of this happening again, Joe Biden, President of the United States, via NBC.
NBC reports that Biden suggested that both Silicon Valley Bank and Signature Bank, another institution included in
the plan, should be placed under new management.
NBC reports that Biden suggested that both Silicon Valley Bank and Signature Bank, another institution included in
the plan, should be placed under new management.
If the bank is taken over by FDIC,
the people running the bank
should not work there anymore, Joe Biden, President of the United States, via NBC.
According to Biden, the administration
would also ask Congress and regulators
to bolster rules for banks.
According to Biden, the administration
would also ask Congress and regulators
to bolster rules for banks.
Americans can rest assured
that our banking system is safe.
Your deposits are safe.
Let me also
assure you we will not stop at this
— we’ll do whatever is needed, Joe Biden, President of the United States, via NBC
Welcome to the International News Wrap, your go-to source for the latest developments from around the globe, exclusively on OneIndia. From the unprecedented floods in Dubai to the escalating tensions threatening a potential third World War, there's no shortage of significant events shaping the international landscape. Today, we cover a spectrum of stories, from the heartwarming return of a Kerala woman from Iran to the crucial push by President Biden to secure aid for Ukraine. Stay tuned as we delve into the top international developments of the day, keeping you informed and up-to-date on the latest happenings across the world.
#InternationalNews #MountRuang #IndonesiaVolcano #DubaiFloods #RussiaUkraineWar #IsraelIranConflict #Russi #Germany #Biden #Oneindia
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Joe Biden has suggested his uncle may have been eaten by cannibals after his plane was shot down during the Second World War - as he said Donald Trump was.. Sky News
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
House Republican leaders have lambasted President Joe Biden for his perceived inaction in enforcing existing measures against Iran. Representative Steve Scalise, the No. 2 House Republican, voiced concerns over the administration's policies allegedly facilitating Iran's oil sales, which fund terrorism. The Biden administration faces mounting pressure to deter future attacks without exacerbating regional tensions or antagonising China, a major buyer of Iranian oil.
#Biden #BidenSanctions #BidenIraq #AlSudani #BidenGaffee #USnews #Politics #IsraelIran #IranAttacksIsrael #Worldnews #Oneindia #Oneindianews
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Biden Administration to Invest $8.5 Billion , in Intel’s Computer Chip Plants.
Biden Administration to Invest $8.5 Billion , in Intel’s Computer Chip Plants.
In addition to $8.5 billion in direct funding, $11 billion will be provided in loans.
The money will come from
the CHIPS and Science Act.
The funds will go toward "computer chip
plants in Arizona, Ohio, New Mexico
and Oregon," CBS News reports. .
According to Intel, the new funding and other investments will create a total of 30,000 jobs in manufacturing and construction.
According to Intel, the new funding and other investments will create a total of 30,000 jobs in manufacturing and construction.
The deal will help the U.S. to produce 20%
of the most advanced computer chips
in the world by 2030, according to
Commerce Secretary Gina Raimondo.
Failure is not an option — leading-edge
chips are the core of our innovation
system, especially when it comes
to advances in artificial intelligence
and our military systems, Commerce Secretary Gina Raimondo, on a call with reporters.
We can't just design chips.
We have to make them in America, Commerce Secretary Gina Raimondo, on a call with reporters.
Biden's funding announcement comes
amid a heated presidential campaign.
Administration officials want to get chip technology funding
"out the door as quickly as possible so that the Biden campaign can point to concrete progress on one of the
White House's signature programs," analysts say.
Intel CEO Pat Gelsinger called the
CHIPS Act "the most critical industrial
policy legislation since World War II.".
We think of this as a defining
moment for the United States, the
semiconductor industry and for Intel, Intel CEO Pat Gelsinger, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Olympic Break-Dancing , Is Making Its First Appearance , at the Paris Games.
NBC reports that break-dancing will
make its debut as an official Olympic
sport at the upcoming Paris Games.
Also known as breaking, the sport
features headspins, windmills, various
"freeze" moves and will be set to music.
According to the Paris Olympics, the sport is , "characterized by acrobatic movements, stylized
footwork and the key role played by the DJ and
the MC (master of ceremonies) during battles.".
The sport first made an appearance
at the 2018 Youth Olympics
in Buenos Aires, Argentina.
According to NBC Olympics, the event
garnered over one million viewers,
a much wider audience than many other sports.
According to NBC Olympics, the event
garnered over one million viewers,
a much wider audience than many other sports.
Breaking joins a number of other new sports, including
three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing.
Breaking joins a number of other new sports, including
three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing.
Breaking joins a number of other new sports, including
three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing.
NBC reports that the new sports represent an effort
by the International Olympic Committee (IOC)
to draw in younger viewers and athletes. .
NBC reports that the new sports represent an effort
by the International Olympic Committee (IOC)
to draw in younger viewers and athletes. .
The Paris Olympics breaking competition
will be split into two events on August 9
and 10 at La Concorde Urban Park.
According to the Paris Olympics, the event
will see a total of 16 B-boys or 16 B-girls , "go face to face in spectacular solo battles.".
According to the Paris Olympics, the event
will see a total of 16 B-boys or 16 B-girls , "go face to face in spectacular solo battles."
Credit: Wibbitz Top Stories Duration: 01:31Published
Carl Erskine, , 1950s Dodgers Pitcher, , Dead at 97.
NBC reports that the baseball legend
died at Community Hospital Anderson in Indiana.
He was one of the last surviving members of the
celebrated Brooklyn teams from the 1950s, having
spent his entire career playing for the Dodgers.
He was one of the last surviving members of the
celebrated Brooklyn teams from the 1950s, having
spent his entire career playing for the Dodgers.
Between 1948 and 1959,
Erskine and the Dodgers took home
five National League pennants.
Between 1948 and 1959,
Erskine and the Dodgers took home
five National League pennants.
The right-handed pitcher had a career record of 122-78 with 981 strikeouts and an ERA of 4.00.
Erskine's best season came in 1953
when he led the National League
with a record of 20-6.
In 1954, Erskine had another
All-Star season, winning 18 games.
Out of his five World Series appearances,
the Dodgers beat the Yankees
in 1955 to win their only championship.
Out of his five World Series appearances,
the Dodgers beat the Yankees
in 1955 to win their only championship.
With Erskine's passing, 88-year-old
Sandy Koufax becomes the lone surviving
Dodgers player from that 1955 World Series team.
With Erskine's passing, 88-year-old
Sandy Koufax becomes the lone surviving
Dodgers player from that 1955 World Series team.
In July of 2023, the Baseball Hall of Fame's
board of directors awarded Erskine with
the Buck O'Neil lifetime achievement award.
In July of 2023, the Baseball Hall of Fame's
board of directors awarded Erskine with
the Buck O'Neil lifetime achievement award.
For millions of fans, he was
a baseball hero. For his family
and thousands of Special Olympians,
Carl was someone who always
believed everything was possible. , Jane Forbes Clark, Baseball Hall of Fame chairman, via NBC.
His legacy is one
of deep compassion
and encouragement
of the human spirit, Jane Forbes Clark, Baseball Hall of Fame chairman, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Harry and Meghan , Are Bringing 2 New Shows to Netflix.
Harry and Meghan , Are Bringing 2 New Shows to Netflix.
NBC reports that Prince Harry and his wife,
Meghan, have announced a new partnership between
their Archewell Productions company and Netflix.
NBC reports that Prince Harry and his wife,
Meghan, have announced a new partnership between
their Archewell Productions company and Netflix.
The Duke and Duchess of Sussex
will produce two separate TV shows
about cooking and polo.
According to a press release
from Archewell, both shows are
still in an early stage of production.
The press release added that titles
and release dates will be revealed , "in the coming months.".
According to the press release,
the first of the two new shows will , "celebrate the joys of cooking and
gardening, entertaining and friendship.".
The second series will reportedly
center on the world of polo, a sport
associated with aristocratic British culture. .
Known primarily for its aesthetic
and social scene, the series will
pull the curtain back on the grit
and passion of the sport,
capturing players and all it takes
to compete at the highest level, Archewell Productions press release, via NBC.
Known primarily for its aesthetic
and social scene, the series will
pull the curtain back on the grit
and passion of the sport,
capturing players and all it takes
to compete at the highest level, Archewell Productions press release, via NBC.
The upcoming shows are part of
a multi-year deal that Archewell
signed with Netflix after forming in 2020. .
In 2022, the couple released a documentary series
on Netflix which centered on Harry's rift with senior
royals and his departure from official royal duties.
In 2023, Harry's memoir, 'Spare,'
detailing his perspective on his bitter split
with the royal family, became a bestseller.
Credit: Wibbitz Top Stories Duration: 01:30Published
Ex-Ohtani Interpreter , Likely to Face Federal Charges, Sources Say.
NBC reports that Shohei Ohtani's former interpreter
may face federal charges in connection with a
gambling investigation into a California bookie. .
According to sources, Ohtani has
been assisting with the investigation.
The news from NBC follows a similar report by TMZ
that Ippei Mizuhara, the former Ohtani interpreter,
will be facing charges by federal authorities.
On March 21, Mizuhara was fired by the L.A. Dodgers
after attorneys representing Ohtani alleged
"massive theft" had occurred related to sports gambling.
On March 21, Mizuhara was fired by the L.A. Dodgers
after attorneys representing Ohtani alleged
"massive theft" had occurred related to sports gambling.
In response, Major League Baseball , opened an investigation. .
On March 25, Ohtani made his first public comments on
the matter, saying that he had been betrayed and lied to,
while denying any involvement in gambling.
I’m very saddened and
shocked that someone
who I trusted has done this, Shohei Ohtani, via NBC.
Ippei has been stealing
money from my account
and has told lies, Shohei Ohtani, via NBC.
NBC reports that Mizuhara is both Ohtani's
interpreter and long-time friend who has had
a constant presence beside the baseball phenom.
The scandal, involving over $4.5 million in wire transfers
from Ohtani's account, was brought to light
following reports by ESPN and the 'Los Angeles Times.'
Credit: Wibbitz Top Stories Duration: 01:30Published
On 10 March 2023,One of the largest bank in USA is shutdown and this bank as well all is know other than silicon valley bank!! And the reason is big dealis because ,its the largest bank to have failed..
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