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Britain’s Post-Brexit Policy Drift Alarms World’s Executives
Britain’s Post-Brexit Policy Drift Alarms World’s Executives
When Dan Vahdat set out to build a healthcare startup, the UK was an ideal launchpad. That was
2023-06-12 07:29
UN ends aid to northwest Syria from Turkey after Security Council fails to renew approval
UN ends aid to northwest Syria from Turkey after Security Council fails to renew approval
The U.N. Security Council has failed to approve either of two rival resolutions authorizing the delivery of humanitarian aid to Syria’s rebel-held northwest from neighboring Turkey, officially ending the U.N. cross-border operation which had been vital to helping 4.1 million people
2023-07-12 05:48
Tuberville and Senate Republicans plot rarely used tactic to force vote on stalled Marine Corps commandant nomination
Tuberville and Senate Republicans plot rarely used tactic to force vote on stalled Marine Corps commandant nomination
Alabama Sen. Tommy Tuberville and a group of his fellow GOP senators are plotting a new tactic to break the Senate's gridlock on stalled military nominees: they may force a procedural vote on the Marine Corps commandant nominee, in a breach of Senate protocol.
2023-09-20 09:49
Biden and McCarthy to resume talks Monday as debt ceiling deadline looms
Biden and McCarthy to resume talks Monday as debt ceiling deadline looms
President Joe Biden spoke with House Speaker Kevin McCarthy on Sunday and agreed they would meet on Monday afternoon to try to break the stalemate over legislation to raise the national debt limit. A call took place, according to a White House readout, which gave no indication to the tone of the discussion. Mr McCarthy characterised the call as “productive” in a comment to reporters. A day earlier, the Speaker said negotiations had taken a step backward following Mr Biden’s remarks that he believed the 14th Amendment could be used to circumvent Congress on the issue. “I don’t think we’re going to be able to move forward until the president can get back into the country,” Mr McCarthy said on Saturday. “Just from the last day to today they’ve moved backwards. They actually want to spend more money than we spend this year.” Mr Biden’s call with Mr McCarthy took place while the president was on Air Force One bound for the US on Sunday. He had cut short his attendance at the G7 summit in Japan in order to lead negotiations with Republicans on the issue. During an appearance on Sunday show, Meet the Press, Treasury Secretary Janet Yellen once again warned that the federal government is projected to run out of money on or about 1 June. Should the US be unable to pay its outstanding obligations to debt holders, or even raise questions about its ability to do so, it risks a downgrade of the US’s credit rating which would affect interest rates on future loans. The last official downgrading of the United States’s credit rating occurred in 2011, when Standard and Poor’s dropped the US’s rating from “AAA” to “AA+”. “I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June and possibly as soon as June 1. And I will continue to update Congress, but I certainly haven’t changed my assessment. So I think that that’s a hard deadline,” Sec. Yellen said. She added that the possibilty was “quite low” that the US could extend its ability to pay its obligations through 15 June - referencing remarks made by Republicans who suggested Treasury could maneuver past a 1 June deadline without hitting a default. ”[I]t’s hard to be absolutely certain about this, but my assessment is that the odds of reaching June 15th, while being able to pay all of our bills, is quite low,” said Ms Yellen. “[M]y assumption is that if the debt ceiling isn’t raised, there will be hard choices to make about what bills go unpaid.” Mr Biden has been roundly accused by conservatives of refusing to negotiate cuts to federal spending ahead of the debt ceiling deadline. The White House, meanwhile, has blamed Republicans for putting the country’s credit rating at risk. Earlier on Sunday, the president spoke at a press conference and did not indicate that he was completely opposed to reaching a compromise with Republicans on spending levels, though he warned that the GOP must be willing to move in his direction as well. “It’s time for Republicans to accept that there’s no bipartisan deal to be made solely — solely — on their partisan terms,” said Mr Biden. “They have to move as well.” Read More ‘Putin will not break our resolve,’ Joe Biden tells G7 Top House negotiator on debt limit says it's time to 'press pause' as talks come to standstill Biden meeting with Indo-Pacific leaders at G7 summit while confronting stalemate over US debt limit Debt ceiling showdown: Biden and congressional leaders to meet as McCarthy pushes for faster deal Most say pair debt limit increase with deficit cuts, but few following debate closely: AP-NORC poll G7 finance leaders promise support for Ukraine, vow to enforce sanctions against Russia
2023-05-22 05:45
Planned Parenthood to resume offering abortions next week in Wisconsin, citing court ruling
Planned Parenthood to resume offering abortions next week in Wisconsin, citing court ruling
Planned Parenthood says that it will resume offering abortions in Wisconsin next week after a judge ruled that an 1849 law that seemingly banned the procedure actually didn’t apply to abortions
2023-09-15 01:27
China exports decline slower than expected in August as economy remains under pressure
China exports decline slower than expected in August as economy remains under pressure
China’s exports declined at a slower pace in August, even as the world’s second biggest economy remains under pressure
2023-09-07 12:24
Ukraine's occupied Zaporizhzhia nuclear plant faces possible staffing crunch
Ukraine's occupied Zaporizhzhia nuclear plant faces possible staffing crunch
Ukraine’s atomic energy company is claiming that Russia plans to relocate around 3,100 Ukrainian staff from Europe’s largest nuclear plant
2023-05-11 02:24
Southern US swelters in brutal heat wave
Southern US swelters in brutal heat wave
A dangerous and prolonged heat wave blanketed large parts of the southern United States on Tuesday, buckling highways and forcing people into air-conditioned shelters as temperatures soared...
2023-06-27 23:55
'He did it to avoid taxes': Jay-Z and Beyonce paid $200 million cash for Malibu mansion, Internet calls it 'smart move'
'He did it to avoid taxes': Jay-Z and Beyonce paid $200 million cash for Malibu mansion, Internet calls it 'smart move'
Jay-Z and Beyonce paid $200 million for the mansion which is a 30,000-square-foot property, making it the costliest house ever bought in the state
2023-05-23 11:59
Chinese President Xi meets Bill Gates, calls him 'an old friend'
Chinese President Xi meets Bill Gates, calls him 'an old friend'
BEIJING (Reuters) -Chinese President Xi Jinping called Bill Gates "an old friend" and said he hoped they could cooperate in
2023-06-16 20:26
Jake Paul confirms PFL acquired rival MMA company Bellator, Internet says 'UFC owns you all'
Jake Paul confirms PFL acquired rival MMA company Bellator, Internet says 'UFC owns you all'
Jake Paul stated during a press conference that Bellator would now compete with the UFC after the merger
2023-11-21 16:46
'Just a normal day in LA': Fans mock California gun laws as Rams' Demarcus Robinson robbed of $100K jewelry outside hotel
'Just a normal day in LA': Fans mock California gun laws as Rams' Demarcus Robinson robbed of $100K jewelry outside hotel
Demarcus Robinson, who reportedly cooperated with the robbers, was not harmed physically
2023-10-22 08:50