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Japan’s Crypto Exchanges Are Pushing for Looser Margin Trading Rules to Help the Sector Grow
Japan’s Crypto Exchanges Are Pushing for Looser Margin Trading Rules to Help the Sector Grow
Japan’s crypto exchanges are pushing for a relaxation of curbs on margin trading, unbowed by last year’s global
2023-06-20 11:17
How tall is Corinna Kopf? Exploring YouTuber's height compared to rumored ex-boyfriend Adin Ross
How tall is Corinna Kopf? Exploring YouTuber's height compared to rumored ex-boyfriend Adin Ross
Corinna Kopf's height makes her seem like the perfect fit for 'tall boyfriend-short girlfriend' story trope
2023-08-25 22:50
Has Madalina Cojocari been found? Cops investigate tip about missing girl 'hitch-hiking' in California
Has Madalina Cojocari been found? Cops investigate tip about missing girl 'hitch-hiking' in California
'All leads have to be followed because you never know which one is going to be the one that gets you there,' an ex-FBI agent said
2023-07-11 20:46
Colombia Prosecutor Says Criminals Financed Petro’s Campaign
Colombia Prosecutor Says Criminals Financed Petro’s Campaign
The son of Colombian President Gustavo Petro said he would turn over evidence that money from crime found
2023-08-04 09:27
Swedish Prices Rise More Than Expected in Setback for Riksbank
Swedish Prices Rise More Than Expected in Setback for Riksbank
Swedish core inflation slowed less than expected in June, adding pressure on the country’s central bank to tighten
2023-07-14 14:28
'Cooking up some hair loss': 'Shark Tank' fans throw shade at Kevin O'Leary as he shares vintage photo
'Cooking up some hair loss': 'Shark Tank' fans throw shade at Kevin O'Leary as he shares vintage photo
Kevin O'Leary trolled as he asks 'What am I cooking?' while sharing vintage Mr Wonderful picture
2023-05-27 11:59
'So Random' Disney star Bridget Shergalis arrested for vandalizing Israeli company's office
'So Random' Disney star Bridget Shergalis arrested for vandalizing Israeli company's office
Former Disney actress Bridget Shergalis was arrested for vandalizing an Israel-based company's New Hampshire office during a pro-Palestine protest
2023-11-26 15:16
UAE's president-designate for UN COP28 offers full-throated defense of nation hosting climate talks
UAE's president-designate for UN COP28 offers full-throated defense of nation hosting climate talks
The Emirati president-designate for the upcoming United Nations COP28 climate conference has offered a full-throated defense of his nation hosting the talks
2023-09-30 15:56
Supreme Court strikes down Biden’s plan to cancel student loan debts
Supreme Court strikes down Biden’s plan to cancel student loan debts
The US Supreme Court has struck down President Joe Biden’s plan to cancel student loan debts for millions of Americans, reversing his campaign-trail promise as borrowers prepare to resume payments this summer. Chief Justice John Roberts delivered the 6-3 decision from the court’s conservative majority on 30 June. The ruling, which stems from a pair of cases challenging the Biden administration and the US Department of Education, argues that the president does not have the authority to implement sweeping relief, and that Congress never authorised the administration to do so. Within 30 minutes on the last day of its term, the court upended protections for LGBT+ people and blocked the president from a long-held promise to cancel student loan balances amid a ballooning debt crisis impacting millions of Americans. Under the plan unveiled last year, millions of people who took out federally backed student loans would be eligible for up to $20,000 in relief. Borrowers earning up to $125,000, or $250,000 for married couples, would be eligible for up to $10,000 of their federal student loans to be wiped out. Those borrowers would be eligible to receive up to $20,000 in relief if they received Pell grants. Roughly 43 million federal student loan borrowers would be eligible for that relief, including 20 million people who stand to have their debts canceled completely, according to the White House. Roughly 16 million already submitted their applications and received approval for debt cancellation last year, according to the Biden administration. The long-anticipated plan for debt cancellation was met almost immediately with litigation threats from conservative legal groups and Republican officials, arguing that the executive branch does not have authority to broadly cancel such debt. Six GOP-led states sued the Biden administration to stop the plan altogether, and a federal appeals court temporarily blocked any such relief as the legal challenges played out. Lawyers for the Biden administration contended that he has the authority to broadly cancel student loan debt under the Higher Education Relief Opportunities for Students Act of 2003, which allows the secretary of education to waive or modify loan provisions following a national emergency – in this case, Covid-19. Justice Roberts wrote that the law allows the secretary to “waive or modify” existing provisions for financial assistance, “not to rewrite that statute from the ground up.” The Supreme Court’s final decision of its 2022-2023 term also comes one day after another major education ruling, as the same conservative majority upended decades of precedent intended to promote racially diverse college campuses, what civil rights groups and the court’s liberal justices have derided as the court’s perversion of the 14th Amendment and the foundational concept of equal protection. Moments before its decision in the student debt plan, the Supreme Court decided a case involving a website designer who refused to cater to same-sex couples, but the case did not involve any such couple. Likewise, the case at the centre of the court’s decision on student loans involved an independent loan servicer in Missouri that did not want to be associated with the lawsuit. The six GOP-led states that led the challenge – Arkansas, Iowa, Kansas, Missouri, Nebraska, and South Carolina – opposed the Biden administration’s plan for a range of reasons that amount to “just general grievances; they do not show the particularized injury needed to bring suit,” Justice Elena Kagan wrote in her dissent. “And the States have no straightforward way of making that showing – of explaining how they are harmed by a plan that reduces individual borrowers’ federal student-loan debt,” she added. “So the States have thrown no fewer than four different theories of injury against the wall, hoping that a court anxious to get to the merits will say that one of them sticks.” She admonished a decision in which “the result here is that the Court substitutes itself for Congress and the Executive Branch in making national policy about student-loan forgiveness.” “The Court acts as though it is an arbiter of political and policy disputes, rather than of cases and controversies,” and by deciding the case, the court exceeds “the permissible boundaries of the judicial role,” Justice Kagan wrote. Since March 2020, with congressional passage of the Cares Act, monthly payments on student loan debt have been frozen with interest rates set at zero per cent. That Covid-19-pandemic era moratorium, first enacted under Donald Trump and extended several times, was paused a final time late last year – until the Education Department is allowed to cancel debts under the Biden plan, or until the litigation is resolved, but no later than 30 June. Payments would then resume 60 days later. The amount of debt taken out to support student loans for higher education costs has surged within the last decade, alongside growing tuition costs, increased private university enrollment, stagnant wages and GOP-led governments stripping investments in higher education and aid, putting the burden of college costs largely on students and their families. The crisis has exploded to a total balance of nearly $2 trillion, mostly wrapped up in federal loans. Millions of Americans also continue to tackle accrued interest without being able to chip away at their principal balances, even years after graduating, or have been forced to leave their colleges or universities without obtaining a degree at all while still facing loan repayments. Borrowers also have been trapped by predatory lending schemes with for-profit institutions and sky-high interest rates that have made it impossible for many borrowers to make any progress toward paying off their debt, with interest adding to balances that exceed the original loan. One analysis from the Education Department found that nearly 90 per cent of student loan relief would support people earning less than $75,000 per year. The median income of households with student loan balances is $76,400, while 7 per cent of borrowers are below the poverty line. That debt burden also falls disproportionately on Black borrowers and women. Black college graduates have an average of $52,000 in student loan debt and owe an average of $25,000 more than white graduates, according to the Education Data Initiative. Four years after graduating, Black student loan borrowers owe an average of 188 per cent more than white graduates. Women borrowers hold roughly two-thirds of all student loan debt, according to the American Association of University Women. Mr Biden’s announcement fulfilled a campaign-trail pledge to wipe out $10,000 in student loan debt per borrower if elected, though debt relief advocates and progressive lawmakers have urged him to cancel all debts and reject means-testing barriers in broad relief measures. In November 2020, the president called on Congress to “immediately” provide some relief for millions of borrowers saddled by growing debt. “[Student debt is] holding people up,” he said at the time. “They’re in real trouble. They’re having to make choices between paying their student loan and paying the rent.” ReNika Moore, director of the Racial Justice Program with the ACLU, among civil rights groups that filed briefs with the Supreme Court to defend the loan cancellation plan, said the “one-two punch” to end affirmative action and block debt relief will lock Americans out of economic oppurtunity and worsen wealth equality. “We urge the Biden administration and the Department of Education to move quickly to explore other pathways to ease the debt load on student loan borrowers once payments resume after a pandemic-related pause, including new executive action under the Higher Education Act, a law that allows for student loan relief for certain groups,” she added. Read More Supreme Court allows Colorado designer to deny LGBT+ customers in ruling on last day of Pride Month Biden condemns Supreme Court striking down affirmative action: ‘This is not a normal court’ Justice Ketanji Brown Jackson delivers searing civil rights lesson in dissent to affirmative action ruling The Supreme Court’s ruling on affirmative action is ugly and frustrating – but no surprise
2023-07-01 01:57
Leaders of Armenia, Azerbaijan to meet May 14 in Brussels -EU
Leaders of Armenia, Azerbaijan to meet May 14 in Brussels -EU
The leaders of Armenia and Azerbaijan are to meet next week in Brussels, the European Union said on
2023-05-09 06:16
A teen said a masked man killed his parents — now he faces life in prison
A teen said a masked man killed his parents — now he faces life in prison
On the night of 29 July, 2016, a 911 operator near Houston received a call from a concerned teenager. The young man told the operator that he heard gunshots at his home. When police arrived to check on the teenager, they found that both of his parents had been shot in the head while sleeping in their beds. The boy's mother, Dawn Armstrong, was pronounced dead at the scene. His father, former NFL linebacker Antonio Armstrong Sr, was rushed to a hospital where he died from his wounds. When police searched the house, they found the murder weapon — a .22 calibre pistol belonging to Mr Armstrong Sr — and a terrifying note. "I have been watching you for a long time. Come get me," the note read. But there was no shadowy killer waiting to play cat and mouse with the Houston police. Instead — at least so far as a Texas grand jury is concerned — the teenager who made the call, Antonio "AJ" Armstrong Jr, pulled the trigger, planted the gun, and wrote the threatening note on the night of his parents' deaths, according to the New York Post. Armstrong Jr, now 23, was found guilty on Wednesday and was sentenced to life in prison for the murder of his parents when he was 16 years old. He stood quietly in the courtroom when his verdict and sentencing were read out. His wife — who was dating him at the time of the murders — sobbed. Jurors spent approximately 10-and-a-half hours deliberating before ultimately deciding Armstrong Jr was guilty. It was his third time at trial; the first two ended with hung juries, resulting in the need for retrials. Armstrong Jr has been wearing an ankle monitor since 2017 as a result. Since the night of the murders in 2016, Armstrong Jr has married his high-school sweetheart, Katie, and became a father. Now he will spend the rest of his life interacting with them through prison glass. During the trial, prosecutors revealed that a week before the murders, Armstrong Jr had used the murder weapon to shoot a pillow and a blanket inside his bedroom. The bullet lodged in his bedroom floor. They said he also lit a fire outside his parents' bedroom door two nights before he killed them. The evidence against Armstrong Jr did not end there; prosecutors revealed the teenager had searched for instructions on building a car bomb using his iPad. Investigators also doubted a story he told them about a masked intruder entering his home on the night of the murders. He reportedly told investigators that he saw a 6-foot-tall man in a mask flee his home on the night his parents were killed. However, he did not include that information in his initial reports, and data pulled from the home's security system showed no records of anyone entering the house on the night of the murders. Prosecutors argued that the teenager was lashing out after his parents scolded him for getting kicked out of his high school. The defence rejected that argument, and pointed to his mental health issues, which included paranoia and schizophrenia. After killing his parents, Armstrong Jr was placed in psychiatric hospitals, where a doctor testified for the defence that the teenager believed he was both a god and a devil. His defence plans to appeal the verdict. Read More Jared Bridegan: Prosecutors to announce major break in case of murdered Microsoft executive US Army soldier accused of killing his wife in Alaska faces court hearing Mississippi judge declares mistrial for two white men charged with shooting at Black FedEx worker
2023-08-18 05:16
Biden is getting endorsements from 3 abortion rights groups as Democrats bank on the issue in 2024
Biden is getting endorsements from 3 abortion rights groups as Democrats bank on the issue in 2024
President Joe Biden is banking on reproductive rights to be a galvanizing issue for voters in 2024
2023-06-23 17:56