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Biden and Trump Showing Their 2024 Campaign Vulnerabilities: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-26/biden-and-trump-showing-their-2024-campaign-vulnerabilities
Quick Glance: Fact Check: Biden Repeats Claim of Arrest for Defending Civil Rights. Still No Evidence
- President Joe Biden reiterated his story of allegedly trying to defend the civil rights of Black Americans on 'The Howard Stern Show.' However, there is no evidence to support his claim of ever being arrested at a civil rights protest, as noted by 'The Washington Post' and 'PolitiFact.'
- Biden has told the story of his supposed presence at a specific protest in Delaware at least twice without mentioning an arrest. He stated that the police simply took him home on that day.
- It is impossible to prove definitively whether Biden was present at this or a similar protest over 60 years ago. He has also made other false claims about his personal life in the past.
- Biden falsely claimed to have 'driven an 18-wheeler' and that he never earned $400,000 in a year. During his 2020 presidential campaign, he claimed to have been 'arrested' as a US senator while trying to visit South African anti-apartheid icon Nelson Mandela in prison, which turned out to be untrue.
Turkey’s Central Bank keeps interest rates unchanged in first meeting after local elections
duvarenglish.com/turkeys-central-bank-keeps-interest-rates-unchanged-in-first-meeting-after-local-elections-news-64263
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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Politicians, the best way to divide and motivate voters is to use the ‘Power of Transport’
theglobeandmail.com/drive/culture/article-politicians-the-best-way-to-divide-and-motivate-voters-is-to-use-the/
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US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Ukraine Russia war: US House passes crucial aid deal worth $61bn: The long-stalled package could be vital for Ukraine, which is struggling to contain Russia's ...
bbc.com/news/world-us-canada-68848277
Quick Glance: Ukrainian President Thanks US for Weapon Aid
- Ukrainian President Zelenskyy thanked U.S. political leaders for approving an aid package for Ukraine, providing the country with a chance at "victory" in its defense against Russia.
- The House passed a bill granting Ukraine $60.8 billion in aid, with Zelenskyy urging swift Senate approval to ensure rapid assistance to frontline soldiers.
- Zelenskyy emphasized the critical need for long-range weapons and air defense systems to stabilize the situation and regain the initiative in Ukraine.
- He addressed rumors of a territorial deal with Russia, emphasizing the importance of a strategy based on concrete democratic measures to end the war.
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
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Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Watch live: Senate to vote on Ukraine, Israel aid package that includes TikTok bill
apnews.com/article/israel-ukraine-aid-tiktok-senate-8fe738b17e5c4b2636bc0de11b2620b7
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
FCC restores net neutrality rules that ban blocking and throttling in 3-2 vote: Broadband lobby groups prepare lawsuit, calling rules a "net fatality."
arstechnica.com/tech-policy/2024/04/fcc-restores-net-neutrality-rules-that-ban-blocking-and-throttling-in-3-2-vote/
Quick Glance: FCC Votes to Restore Net Neutrality Rules
- The FCC voted 3-2 along political party lines to reinstate rules from 2017 to prevent internet service providers from disrupting your internet speed.
- Restoring net neutrality has been a focus for President Joe Biden and was approved by a majority of the FCC.
- Net neutrality protects consumers from ISP control, promotes fair rules, and safeguards against online fraud and scams.
- The discussion on net neutrality also raises questions about service pricing and highlights the importance for internet infrastructure.
Russia vetoes UN resolution to prevent nuclear weapons in space: Russia on Wednesday vetoed a United Nations Security Council resolution that would have called ...
thehill.com/policy/defense/4619197-russia-vetoes-un-resolution-to-prevent-nuclear-weapons-in-space/
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.
bbc.com/news/business-68833077
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Ukraine, Israel aid bill on track as House pushes toward votes: The House has pushed a $95 billion national security aid package for Ukraine, Israel and other U ...
apnews.com/article/house-ukraine-speaker-johnson-mtg-68a810a998381dfd9f4c3c4e452b9f51
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
India to Repeat Voting at Polling Sites Hit by Violence: The attacks occurred in Manipur, a northeastern state that has been troubled by ethnic unrest ...
nytimes.com/2024/04/21/world/asia/india-voting-violence-manipur.html
Quick Glance: Election Redo in Manipur Due to Violence
- In Manipur, a northeastern state troubled by ethnic unrest, voting booths were raided and fake ballots were cast.
- India's election authorities have instructed officials to redo voting at various polling locations in the troubled northeastern state of Manipur after armed men attacked polling stations and seized voting booths despite the presence of paramilitary soldiers.
- The conflict in Manipur, which began last May, has essentially divided the region, home to about three million people, pitting two ethnic groups against each other: the mostly Hindu Meiteis, who are a narrow majority, and members of Christian hill tribes known as Kukis.
- Following reports from the region's election commissioner describing mob violence, gunfire, damage to electronic voting machines, and fake voters entering the booths, voting will be repeated at 11 polling stations.
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
Swedish Parliament votes to make it easier for people to legally change their gender
apnews.com/article/sweden-vote-legal-gender-law-minimum-age-9cfb3c6879ae03c3187f520eed308377
Quick Glance: Sweden's Gender Change Law: Lowering Minimum Age
- On Wednesday, the Swedish parliament approved a law that lowers the minimum age for legally changing gender from 18 to 16.
- Individuals under 18 will still require consent from a guardian, a doctor, and the National Board of Health and Welfare.
- Conversely, no longer will a gender dysphoria diagnosis be mandated by medical professionals, defined as psychological distress experienced by individuals whose gender expression does not align with their gender identity.
- The voting results showed 234 in favor, 94 against, with 21 lawmakers listed as absent.
Volkswagen workers vote to unionize in major win for organised labour: The United Autoworkers Union took a risk in a Republican - and often anti-union - part of ...
bbc.com/news/business-68861396
US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.
bbc.com/news/business-68898432
Billions in support against Russia: Zelenskyi thanks the USA for "vital help": The US Senate has approved a new aid package for Ukraine. The first deliveries are ...
spiegel.de/ausland/ukrainekrieg-wolodymyr-selenskyj-dankt-den-usa-fuer-lebenswichtige-hilfe-a-aad0e735-d7ab-49f4-aa50-b6aa8eceb9b5
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
US will vote against move to give Palestinians UN membership: Washington’s opposition will kill Algerian proposal that would have in effect granted statehood
ft.com/content/0cbc7041-3094-4a02-8bf2-b50ff35ace76
Alabama: Voters to decide primary runoffs in new Congressional District: Alabama voters have cast their ballots to decide party nominees for the state’s 2nd ...
apnews.com/article/alabama-2nd-congressional-district-primary-election-3c71c050841f20d751226463731868c7
Trump's FCC Ripped Away Open-Internet Protections. We're This Close to Winning Them Back
commondreams.org/opinion/fcc-net-neutrality-vote
Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/
Puerto Rico Republicans award Trump all 23 delegates: Puerto Rico’s Republican Party held a district assembly and awarded former President Donald Trump all 23 of ...
apnews.com/article/puerto-rico-republicans-donald-trump-a4c9a723dad2bc7441364d2c33642b1d
US House approves aid package worth billions for Ukraine, Israel: Democratic-majority Senate is expected to vote on the bill next week, sending it to President ...
aljazeera.com/news/2024/4/20/us-house-approves-aid-package-worth-billions-for-ukraine-israel
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
Noncitizen voting isn't an issue in federal elections, regardless of conspiracy theories. Here's why
apnews.com/article/trump-immigrant-voting-noncitizens-elections-explained-cf4c73b336147b5f5d9c2a22b2564994
Quick Glance: Trump's Favorite Theme: Dishonest 'Noncitizen Voting'
- House Speaker Mike Johnson's 'election security' event at Mar-a-Lago will focus on legislation targeting noncitizen voting.
- Despite existing bans and rare noncitizen votes, the debate aims to boost Trump's presidential candidacy.
- Laws from 1996 prohibit noncitizen voting in federal and state elections, yet some municipalities in some states allow it.
- Trump and allies falsely claim noncitizens vote in elections, while data shows minimal incidents. The debate serves as a political maneuver and distracts from actual election issues.
US House of Representatives approves billions in aid to Ukraine: After months of struggle, the American House of Representatives voted on further aid for Ukraine ...
faz.net/aktuell/ukraine/us-repraesentantenhaus-stimmt-milliardenschwerer-ukraine-hilfe-zu-19667878.html
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
U.S. Vetoes Bid to Advance Full Palestinian Membership at U.N.: The U.S. was the lone veto Thursday on a U.N. Security Council resolution recommending ...
democracynow.org/2024/4/19/headlines/us_vetoes_bid_to_advance_full_palestinian_membership_at_un
Russia vetoes UN vote on stopping arms race in outer space: The US has previously warned that Russia is trying to develop a space-based, anti-satellite weapon.
bbc.com/news/world-68894500
Trump on Johnson’s handling of Ukraine vote: ‘You can’t really get too tough’ with slim majority
thehill.com/homenews/campaign/4612813-trump-on-johnsons-handling-of-ukraine-vote-you-cant-really-get-too-tough-with-slim-majority/
Quick Glance: Trump defends Johnson's handling of Ukraine vote
- Former President Trump defended Speaker Mike Johnson (R-La.) for bringing additional aid for Ukraine and other national security priorities to a vote in the House.
- Trump mentioned the difficulty Johnson faced due to the GOP's narrow majority, stating that it was challenging to be too tough in such a situation.
- The debate over providing billions in aid to Ukraine, Israel, and Taiwan divided House Republicans and led to calls from Trump allies for Johnson's removal as Speaker.
- Johnson defied his conservative critics by moving forward with bills for overseas assistance, separate from a failed border security bill, emphasizing the importance of supporting democratic allies facing threats.
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
R.F.K. Jr.’s Environmental Colleagues Urge Him to Drop Presidential Bid: Nearly 50 leaders and activists who worked with Mr. Kennedy at an environmental ...
nytimes.com/2024/04/19/climate/rfk-jr-environment.html
Quick Glance: RFK Jr.'s Environmental Colleagues Urge Him to End Presidential Bid
- Nearly 50 leaders and activists who worked with Mr. Kennedy at an environmental nonprofit group will run ads calling on him to “Honor our planet, drop out.”
- As an independent candidate for the White House, Robert F. Kennedy Jr., claims he would be the “best environment president in American history,” drawing on his past as a crusading lawyer who went after polluters in New York.
- But dozens of Mr. Kennedy’s former colleagues at the Natural Resources Defense Council are calling on him to withdraw from the race, in full-page advertisements sponsored by the group’s political arm that are expected to appear in newspapers in six swing states on Sunday.
- Separately, a dozen other national environmental organizations have issued an open letter calling Mr. Kennedy “ a “dangerous conspiracy theorist and a science denier” who promotes “toxic beliefs” on vaccines and on climate change.
MPs to vote on Rishi Sunak's smoking ban bill: Rishi Sunak wants to ban those born after 2009 from buying cigarettes, creating some of the toughest anti-tobacco ...
bbc.com/news/uk-politics-68816566
Quick Glance: UK Lawmakers Support Groundbreaking 'Smoke-Free Generation' Bill
- The British government's plan for a landmark smoking ban to prevent young people from ever smoking passed its first hurdle in Parliament despite opposition from within Prime Minister Rishi Sunak's Conservative Party.
- The bill, announced by Sunak, would make it illegal to sell tobacco products to anyone born after January 1, 2009, creating one of the toughest anti-smoking measures in the world to establish the 'first smoke-free generation' in modern Britain.
- The bill also includes measures to crack down on youth vaping, such as banning the sale of cheap disposable vapes and restricting their flavors to prevent children from becoming addicted to nicotine.
- The number of people who smoke in the U.K. has declined by two-thirds since the 1970s, but approximately 6.4 million people in the country still smoke, accounting for about 13% of the population. Smoking remains the number one preventable cause of death, disability, and poor health.
GOP: Vulnerable Senate Dems will ‘pay the price’ for Mayorkas vote: The Senate voted along party lines Wednesday to dismiss two impeachment charges against ...
thehill.com/homenews/senate/4601482-gop-vulnerable-senate-dems-will-pay-the-price-for-mayorkas-vote/
Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...
ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd
Sunak says airfield on standby and planes booked for Rwanda deportations: The prime minister has said the first deportation flights to Rwanda will leave "in ...
news.sky.com/story/sunak-says-airfield-on-standby-and-planes-booked-for-rwanda-deportations-13120277
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Barr says he’ll vote for ‘Republican ticket’ in November: Former Attorney General Bill Barr said Wednesday he will vote for the “Republican ticket” in the ...
thehill.com/homenews/campaign/4599759-bill-barr-republican-ticket-vote-2024/
The U.S. Vetoes Resolution to Upgrade Palestine’s U.N. Membership: The Security Council veto has triggered backlash as global divisions continue to sharpen over ...
time.com/6968956/us-veto-vote-palestine-full-un-membership/
Quick Glance: US Blocks UN Resolution for Palestinian Full Membership
- In the Security Council, 12 countries voted for a UN resolution recommending full Palestinian membership, with the US opposing and two countries abstaining.
- The US argued that Palestinian membership should result from negotiations between Israel and Palestinians to enable a two-state solution.
- The Palestinian delegation emphasized that UN membership is a crucial step for peace in the region and criticized the Israeli government for its rejection.
- Israel rejected the resolution and warned of its potential impact on future dialogues, especially in light of the recent escalation of violence in Gaza.
Is Japan finally becoming a ‘normal’ economy? : Prices are rising, workers are demanding higher pay and the stock market is booming. But the country still has to ...
ft.com/content/88174b91-27d6-4936-ba5c-62c831b0a1c7
Quick Glance: Record Audience at NCAA Women's Championship
- South Carolina's victory over Caitlin Clark and Iowa in Sunday's women's NCAA championship game garnered a preliminary average viewership of 18.7 million on ABC and ESPN.
- Nielsen's final numbers on Tuesday may reveal an increase in viewership.
- It marks the most-watched basketball game since 2019, when the men's NCAA title game between Virginia and Texas Tech averaged 19.6 million viewers on CBS.
- The women's final also recorded the highest viewership for a Sunday afternoon sporting event on ESPN and ABC since early 2021.
New evidence that criminal conviction won’t tank Trump’s candidacy: Some of Trump’s supporters say they might reconsider supporting him. Few would flip to Biden.
washingtonpost.com/politics/2024/04/26/trump-criminal-conviction-poll/
Inflation rate falls to lowest level in three years in Thuringia: Prices for food and non-alcoholic beverages fell by an average of 0.7 percent compared to the ...
thueringer-allgemeine.de/wirtschaft/article242050862/Inflationsrate-sinkt-in-Thueringen-auf-niedrigsten-Stand-seit-drei-Jahren.html
Humza Yousaf ‘considering his position’ as he faces being ousted as First Minister
news.stv.tv/politics/humza-yousaf-considering-his-position-as-he-faces-being-ousted-as-first-minister
Biden scores major union backing as its leaders attack Trump: Joe Biden will land a major union endorsement Wednesday from North America’s Building Trades Unions ...
cnn.com/2024/04/23/politics/biden-building-trades-union-endorsement/
Quick Glance: Biden Secures Key Union Support
- Joe Biden will receive a major union endorsement from North America’s Building Trades Unions on Wednesday, with leaders crediting his infrastructure bill for the support.
- The Teamsters union, sought after by both Biden and Donald Trump, abstained from the vote but will endorse after their own convention.
- The union's backing for Biden is more enthusiastic than in 2020 and is intended to be a strong rebuke of Trump.
- The union praises Biden's efforts for workers, highlighting the created jobs, worker protections, and apprenticeship programs written into law.
Trump, Johnson to tout bill to prevent noncitizen voting: Report: Former President Trump and Speaker Mike Johnson (R-La.) are teaming up to promote a bill to ...
thehill.com/latino/4588719-trump-johnson-bill-non-citizen-voting/
Quick Glance: Focus on Support for Israel and Ukraine by Mike Johnson
- House Speaker Mike Johnson is heavily advocating for support for Israel and Ukraine while trying to push a national security package through the House.
- Johnson faces the challenge of juggling the Republican Party's divided support for Kyiv's defense while feeling the pressure to pass a comprehensive aid package for U.S. allies.
- In his quest to find ways to promote funding for Ukraine, Johnson is engaging in discussions with the White House and former president Donald Trump. The divisive dynamic within the party and the urgency of the situation in Ukraine present a significant challenge for Johnson.
- Johnson must craft a package that includes some policy wins for Republicans while also gaining Democratic approval. Despite concerns from some progressive Democrats regarding support for Israel, most Democratic lawmakers have rallied behind the Senate-passed package.
Resurgent inflation looms over Joe Biden’s White House bid: Consumer prices are rising quickly at just the wrong time for the US president
ft.com/content/d8520a33-f202-4679-b6f7-99fe9e4fb3ae
Biden campaign targeting voters who chose Haley in Pennsylvania GOP primary: The Biden campaign is going after Republicans who voted for former U.N ...
thehill.com/homenews/campaign/4621040-biden-campaign-haley-trump-pennsylvania-gop-primary/
Timberwolves, Naz Reid wins Sixth Man of the Year: Naz Reid is the first player in Timberwolves history to win the award and only the undrafted player to win it ...
startribune.com/timberwolves-naz-reid-nba-sixth-man-award/600361188/
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Why Tesla wants to give Elon Musk $55 billion pay package: Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."
businessinsider.com/why-tesla-wants-give-elon-musk-billion-pay-package-2024-4
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Arizona GOP lawmaker booted from committee after backing abortion ban repeal: Two Arizona state House lawmakers were removed from key committees Monday following ...
thehill.com/homenews/state-watch/4619080-arizona-lawmakers-booted-committees-abortion-ban-repeal/
Quick Glance: Supreme Court Divided on Emergency Abortion Access: Highlights
- The Supreme Court seems divided on access to emergency abortions in states with near-total bans.
- The 1986 Emergency Medical Treatment and Labor Act could impact abortion access in emergencies.
- The debate raises questions about fetal personhood and abortion rights conflict.
- The court's decision could affect abortion access in 14 states with strict abortion bans.
Biden camp not sweating political fallout from latest round of campus protests: The president’s team, and some pollsters, don’t see Gaza as the primary voting ...
politico.com/news/2024/04/23/biden-camp-political-fallout-campus-protests-00154000
Quick Glance: Biden criticizes Florida's abortion ban and holds Trump accountable
- President Biden condemns the upcoming 6-week abortion ban in Florida.
- He blames Trump for appointing justices who overturned Roe v. Wade.
- Biden's campaign focuses on abortion rights to mobilize voters.
- Efforts to leverage Florida's abortion laws for political gain are highlighted.
‘Abandon Biden’ rallies Pennsylvania voters on primary day: The “Abandon Biden” group is rallying Pennsylvania voters ahead of the state’s primary contest to ...
thehill.com/homenews/campaign/4616577-abandon-biden-rallies-pennsylvania-voters-on-primary-day/
Constitutional Court rejects urgent application against climate protection law: The climate protection law can be passed by the Bundestag on Friday as planned ...
tagesschau.de/inland/eilantrag-klimagesetz-cdu-abgelehnt-100.html
Columbia’s University Senate Calls for an Investigation Into the Administration: The senators voted for a resolution that accused the administration of ...
nytimes.com/2024/04/26/us/columbia-university-nemat-shafik-vote.html
Quick Glance: Columbia University Senate Pushes for Admin Investigation
- The university senate voted on a resolution accusing the administration of breaching the rights of students and professors.
- Based on a report by the senate executive committee, the administration was criticized for engaging in harmful actions.
- Allegations included the hiring of aggressive private investigators who harassed students and intruded into student rooms.
- The resolution passed with a 62-14 vote, falling short of a censure proposal against Dr. Shafik.
Rwanda bill: Government and Lords face another voting showdown: Rishi Sunak said there will be no more delays to his asylum plan and Parliament will sit and ...
bbc.com/news/uk-68871847
Olive oil is getting harder to find and costing as much as 70 per cent more. Here’s why
smh.com.au/business/companies/olive-oil-is-getting-harder-to-find-and-costing-as-much-as-70-per-cent-more-here-s-why-20240419-p5fl8g.html
Selenskyj grateful for vote: US aid for Ukraine: the West rejoices, Russia rages: According to Ukrainian President Selenskyj, the US House of Representatives' ...
n-tv.de/politik/US-Hilfen-fuer-Ukraine-Westen-jubelt-Russland-wuetet-article24889196.html
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
US vetoes UNSC resolution on Palestinian statehood after 12 countries vote in favor
timesofisrael.com/liveblog_entry/us-vetoes-unsc-resolution-on-palestinian-statehood-after-12-countries-vote-in-favor/
Focus groups: Swing voters aren't buying Trump's abortion stance: "You're going to lose all doctors and they're going to go where they could treat their ...
axios.com/2024/04/12/abortion-trump-biden-voters-poll
Quick Glance: Arizona GOP outlines alternative abortion strategy
- Republican state legislators in Arizona are considering alternative ballot measures in response to a court ruling upholding a strict abortion ban.
- The GOP's strategy document plans to provide voters with alternatives to the Arizona for Abortion Access ballot measure.
- Republicans aim to constitutionalize existing laws to discuss abortion policy.
- The document outlines various scenarios, including 'Phase 1' and 'Phase 2' options for lawmakers.
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
After stalling for months, Ukraine aid heads to vote in House of Representatives: Despite right-wing outcries, Speaker Mike Johnson is pressing to pass billions ...
bbc.com/news/world-us-canada-68840405
Judge strikes down North Carolina felon voting law: A federal judge has struck down a North Carolina law criminalizing voting for people with felony convictions ...
thehill.com/homenews/race-politics/4615114-judge-strikes-down-north-carolina-felon-voting-law/
Senate Democrats end Homeland Security secretary impeachment case. How Arizona's senators voted
azcentral.com/story/news/politics/arizona/2024/04/17/sinema-kelly-vote-to-end-impeachment-case-against-alejandro-mayorkas/73363468007/
UAW gets first Southern win as Tenn. plant overwhelmingly backs union : VW workers in Chattanooga, Tenn., became the first big auto plant in the South to join ...
washingtonpost.com/business/2024/04/19/vw-uaw-tennessee-vote/
Quick Glance: UAW Secures Historic Victory as Volkswagen Workers in Tennessee Vote for Union Representation
- Volkswagen workers in Chattanooga, Tennessee, made history by voting to join the United Auto Workers, marking the first auto factory in the South since the 1940s to unionize.
- Nearly three-quarters of 3,613 workers voted yes in a three-day election with high turnout, granting the union a significant first win in its efforts to organize factories of a dozen automakers in the South.
- The organizing effort concludes a strong year for the U.S. labor movement, obtaining record wage increases across various industries through strikes and tough negotiations.
- The UAW, led by President Shawn Fain, achieved notable successes in negotiations with Detroit automakers last fall, securing substantial raises and benefits through a contentious strike.
Biden’s message to Arizonans after abortion ruling: ‘Elect me’: President Biden encouraged residents of Arizona to vote for his reelection Wednesday in response ...
thehill.com/homenews/campaign/4585912-biden-message-to-arizonans-after-abortion-ruling/
Quick Glance: Arizona Republicans Block Efforts to Repeal 1864 Abortion Ban
- Democratic bills to repeal a 160-year-old abortion ban were blocked in the Legislature.
- Arizona's highest court decision upholding a 1864 abortion ban caused chaos and confusion.
- Democrats aimed to repeal the ban to protect women's health, facing hurdles in the Republican-controlled legislature.
- The uncertainty loomed over whether Republican leaders would allow immediate action on repealing the ban, despite pressure from Democrats and some Republicans.
Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
hna.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html
US Congress approves billions in aid for Ukraine: Ukraine is dependent on US support in its defensive struggle against Russia, but for months there was no more ...
berliner-zeitung.de/news/us-kongress-billigt-milliardenschwere-ukraine-hilfen-li.2208846
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
- The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.
- March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.
- Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.
- Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Pro-Trump network OANN and Smartmatic settle 2020 election defamation case: Smartmatic accused network of broadcasting baseless conspiracy theories about its ...
axios.com/2024/04/17/smartmatic-one-america-news-network-oann-lawsuit-settlement
Quick Glance: OAN and Smartmatic Reach Settlement in Defamation Lawsuit
- Voting technology company Smartmatic and the far-right network One America News announced on Tuesday that they have agreed to a confidential settlement of a defamation lawsuit stemming from the outlet's lies about the 2020 presidential elections.
- The settlement followed a lawsuit filed by Smartmatic against OAN in 2021, alleging that the right-wing conspiracy network 'victimized' the company and spread lies about its role in the 2020 elections to boost viewership and revenue.
- OAN previously settled a defamation suit in September with former Dominion executive Eric Coomer, revealing collaboration with individuals to propagate falsehoods about the elections.
- While the Smartmatic case has concluded, OAN still faces another defamation lawsuit from Dominion regarding the dissemination of falsehoods about the 2020 elections.
“The Supreme Court Is a Product of Minority Rule”: Author Ari Berman on America’s Undemocratic System
democracynow.org/2024/4/26/ari_berman
Barr, a vocal Trump critic, says he will ‘support the Republican ticket’ in November
washingtonpost.com/politics/2024/04/17/barr-vocal-trump-critic-says-he-will-support-republican-ticket-november/
Food inflation across rich nations drops to pre-Ukraine war levels: Annual change in prices across 38 industrialised countries eased to 5.3% in February ...
ft.com/content/f51368f0-c157-451d-a231-b944fbe7e7a0
Quick Glance: Decline in Food Prices in Industrialized Countries
- Annual change in prices across 38 industrialized countries eased to 5.3% in February, according to the latest OECD data.
- Food inflation across rich nations has dropped to its lowest level since before Russia’s full-scale invasion of Ukraine, alleviating pressure on households affected by cost increases.
- The OECD is expected to address food prices as part of its comprehensive inflation update.
- The decrease in food price inflation was widespread in industrialized countries in February, with the latest OECD reading halved or almost halved from recent peaks.
Joe Biden’s approval rating on the economy is rising among US voters: FT-Michigan Ross poll finds president’s gains could be derailed by persistent fears over ...
ft.com/content/bdd37729-8225-4f52-ae88-a7edeb329bb5
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