Senate parliamentarian gives green light to most of Democrats' drug pricing plan
Synopsis by San Francisco Chronicle Aug 06 22
The landmark federal climate bill known as the Inflation Reduction Act contains...Read full article 
ABC News: Senate parliamentarian gives green light to most of Democrats' drug pricing plan
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| Last Updated | Aug 06 22 |
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There’s a lot for Californians in the federal climate bill. Here are the details: The landmark federal climate bill known as the Inflation Reduction Act contains ...
sfchronicle.com/climate/article/California-bill-inflation-reduction-act-federal-17355763.php
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There’s a lot for Californians in the federal climate bill. Here are the details: The landmark federal climate bill known as the Inflation Reduction Act contains ...
sfchronicle.com/climate/article/California-bill-inflation-reduction-act-federal-17355763.php
A major reason it's so expensive to own a home right now: The climate crisis is leading many insurance companies to raise homeowner premiums.
businessinsider.com/why-its-expensive-to-own-a-home-mortgage-insurance-interest2024-4
El Niño has ended but the full wrath of its economic and social impact is still to come
dailymaverick.co.za/article/2024-04-16-el-nino-has-ended-but-the-full-wrath-of-its-economic-and-social-impact-is-still-to-come/
Live news: US stocks notch first 4-day losing streak since start of January
ft.com/content/d53fc2e5-66f4-476a-a4dc-4a2ddfbdee07
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.
Senate Dismisses Impeachment Charges Against Mayorkas Without a Trial: Democrats quickly swept aside the articles of impeachment accusing the homeland security ...
nytimes.com/2024/04/17/us/politics/senate-alejandro-mayorkas-impeachment-charge.html
Quick Glance: Senate's Decision on Impeachment Charges Against Mayorkas
- The Senate rejected the impeachment charges against Homeland Security Secretary Alejandro Mayorkas, halting the House Republicans' effort to impeach the Cabinet secretary over his management of the US-Mexico border.
- With Democrats contending that the articles were unconstitutional, senators voted to dismiss both impeachment charges and conclude the trial.
- Senate Republicans had called for a full impeachment trial after the House narrowly voted in February to impeach Mayorkas for his border actions.
- Republicans argued that President Joe Biden was ineffective at the border, while Democrats suggested accepting a bipartisan Senate compromise instead of impeaching Mayorkas to reduce illegal immigrants.
Cruz: Democrats tossed ‘two centuries of precedent’ by rejecting Mayorkas articles of impeachment
thehill.com/homenews/senate/4604151-cruz-democrats-tossed-two-centuries-of-precedent-by-rejecting-mayorkas-impeachment/
US Senate has agreement on FISA reauthorization, will vote on Friday night, Schumer says
reuters.com/world/us/us-senate-has-agreement-fisa-reauthorization-will-vote-friday-night-schumer-says-2024-04-20/
Boeing engineer says safety concerns are ignored inside plane maker: Whistleblower says he was told to ‘shut up’ after raising questions about 777 and 787 ...
ft.com/content/4cca756f-a9ad-486a-aa9f-af67b19071ec
Quick Glance: Boeing Whistleblower Calls for Grounding of All 787 Dreamliners
- Boeing quality engineer Sam Salehpour is urging the planemaker to ground all 787 Dreamliners worldwide, citing potential structural issues.
- Salehpour alleges that Boeing took shortcuts during the construction of the 787 and 777 jets, compromising aircraft safety.
- After raising internal concerns with Boeing, Salehpour claims he faced retaliation and witnessed unsafe assembly practices in another program.
- Boeing defends the 787 Dreamliner's quality, while the FAA investigates Salehpour's claims, emphasizing the importance of aircraft safety.
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.
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.
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.
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.
BREAKING: The US Senate dismissed both charges of illegal conduct by Homeland Security Secretary Alejandro Mayorkas, as Democrats successfully defended ...
reut.rs/3U4exM9
LIVE: US Senate expected to swiftly end impeachment of Homeland Secretary Alejandro Mayorkas
twitter.com/i/broadcasts/1mnxepXEpzbJX
US Senate expected to swiftly end Mayorkas impeachment: The Democratic-majority U.S. Senate on Wednesday dismissed impeachment charges against President Joe ...
reuters.com/world/us/us-senate-expected-swiftly-end-mayorkas-impeachment-2024-04-17/
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/
Colin Allred’s fundraising for U.S. Senate race surpasses O’Rourke’s early 2018 pace
texastribune.org/2024/04/15/colin-allred-beto-orourke-ted-cruz-fundraising/
US Republican Kari Lake tells supporters: 'Strap on a Glock' as election nears: Republican U.S. Senate candidate Kari Lake, an ardent supporter of former ...
reut.rs/43YgqyF
Bob Graham, ex-US senator and Florida governor, dies at 87: Former Florida Sen. Bob Graham, who chaired the Intelligence Committee following the 2001 terrorist ...
apnews.com/article/bob-graham-dies-obituary-florida-senator-governor-80c4f1609e314eff981fcfae7d0b32ba
Quick Glance: Bob Graham, Former US Senator and Florida Governor, Dies at 87
- Bob Graham, former U.S. Senator and two-term Florida Governor, has passed away at the age of 87.
- Graham, a prominent critic of the Iraq war and Chairman of the Senate Intelligence Committee post-9/11, was remembered by his family as a visionary leader and dedicated public servant.
- Known for his political quirks like 'workdays' and meticulous diary-keeping, Graham was an early opponent of the Iraq war and maintained good relationships with colleagues from both parties.
- Highly popular with Florida voters, Graham's political career spanned five decades, marked by electoral victories and significant contributions to education and environmental protection in the state.
Scotland to ditch key climate change target: The Scottish government is to scrap its flagship target of reducing greenhouse gas emissions by 75% by 2030.
bbc.com/news/uk-scotland-68841141
Democratic Sen. Jon Tester hopes to secure another win in deep-red Montana : Tester is the last Democrat holding statewide office as Republicans have dominated ...
npr.org/2024/04/19/1245283053/tester-montana-sheehy-trump-senate-race
Forecast for Kari Lake turns chilly after Arizona's abortion disaster: Opinion: Ruben Gallego really should send a thank you note to Arizona Republicans for ...
azcentral.com/story/opinion/op-ed/laurieroberts/2024/04/18/kari-lake-lose-senate-abortion-sabato-crystal-ball/73373246007/
Don’t blame cloud seeding for the Dubai floods : Questions have swirled online about the process being behind the historic rainfall – but experts say it’s not ...
theguardian.com/world/2024/apr/17/cloud-seeding-dubai-floods
Quick Glance: Cloud Seeding and the Record-Breaking Rains in Dubai
- Record-breaking rainfall in the UAE has caused widespread flooding.
- Experts speculate that cloud seeding may have contributed to this unprecedented weather event.
- Cloud seeding is a technique where special salt flares are burned in clouds to stimulate rain.
- While cloud seeding is practiced in many countries, some scientists remain cautious about its long-term impacts.
Senate passes bill renewing key FISA surveillance power moments after it expires: Senate votes to reauthorize Section 702 of the Foreign Intelligence ...
nbcnews.com/politics/congress/senate-renews-fisa-section-702-spying-privacy-rcna148394
Republican Wisconsin Senate candidate says he doesn't oppose elderly people voting
apnews.com/article/wisconsin-senate-hovde-baldwin-elderly-nursing-c41705c674a2e714645206c93f227a4a
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/
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: Biden Receives Kennedy Family Endorsements in Philadelphia
- President Joe Biden received endorsements from at least 15 members of the Kennedy political family during a campaign stop in Philadelphia to undermine Donald Trump and marginalize the candidacy of independent Robert F. Kennedy Jr.
- Kerry Kennedy, daughter of former Attorney General Robert F. Kennedy, niece of former President John F. Kennedy, and sister of the current presidential candidate, delivered the endorsements in Philadelphia, calling Biden her hero.
- The decision to highlight the Kennedy family's support more than six months from Election Day indicates how seriously Biden's team is taking a long shot candidate using his last name's lingering Democratic magic.
- Biden used the event to keep up the pressure on Trump, emphasizing the importance of the election not for himself, but to keep Trump out, stating the race was significant due to the potential consequences if they lose this election. The Kennedy family endorsements for Biden were hardly a surprise, as prominent members of the Democratic family did not politically align with Kennedy Jr.
Trump endorses Pennsylvania Republican David McCormick: Former President Trump officially announced his endorsement of Pennsylvania Republican Dave McCormick ...
thehill.com/homenews/campaign/4592780-trump-endorses-pennsylvania-republican-david-mccormick/
Biden flexes his cash advantage, GOP megadonors spend big in latest FEC filings : Federal Election Commission filings from the first quarter of 2024 show ...
washingtonpost.com/politics/2024/04/16/trump-biden-fundraising-april-fec/
Arizona Senate keeps effort to repeal abortion ban in play: A bill that would repeal Arizona’s 160-year-old abortion ban was successfully introduced in the state ...
cnn.com/2024/04/18/politics/arizona-senate-abortion-ban/
Quick Glance: Arizona Republicans foil another effort to repeal 1864 abortion ban
- Arizona House Republicans once again thwarted an attempt on Wednesday to repeal the state's nearly complete abortion ban from 1864, leaving Democrats without a vote on their repeal bill for the second consecutive week.
- Despite facing pressure from influential conservatives, such as former President Trump and Senate hopeful Kari Lake, urging GOP leaders to lift the ban, the Republicans blocked the repeal.
- State House Democrats made a procedural maneuver to attempt to suspend House rules and bring the repeal bill to the floor for discussion. However, this action was rejected by the GOP majority, with only one Republican, Representative Matt Gress, crossing party lines to support bringing up the repeal bill.
- A similar endeavor to repeal the ban was obstructed by Republicans last week. Following persistent criticism of the law by Democrats both within and outside the state throughout the week, prominent figures like Trump and Lake recognized the political risks and advocated for a change in direction within the Legislature.
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/
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
'Call Your Senator Now': Privacy Advocates Ramp Up Effort to Stop Spying Expansion
commondreams.org/news/call-your-senator-now-privacy-advocates-ramp-up-effort-to-stop-spying-expansion
US Senate panel chair issues subpoena in Supreme Court ethics probe: The chair of the Democratic-led U.S. Senate Judiciary Committee issued a subpoena on ...
reut.rs/4asGUuo
Quick Glance: Investigation into Gifts to Supreme Court Justices: Leo Refuses Senate Subpoena
- As part of a months-long inquiry into undisclosed gifts to Supreme Court justices, the Senate Judiciary Committee sent a subpoena to conservative judicial activist Leonard Leo on Thursday, which he promptly rejected as “politically motivated.”
- Following reports that Justices Clarence Thomas and Samuel A. Alito Jr. accepted free luxury travel and gifts from Crow, Leo, and conservative donor Robin Arkley II without disclosure, the committee voted to authorize subpoenas for Leo and Texas billionaire Harlan Crow along party lines.
- Democrats on the committee initiated an investigation into the justices' relationships with private benefactors after ProPublica's April report last year revealed Thomas' failure to disclose free luxury vacations and private jet travel from Crow over many years, and Leo's arrangement of a luxury fishing trip for Alito in 2008.
- With Leo's rejection, Democrats would need to hold a Senate vote to seek court enforcement of the subpoena - a nearly impossible task in a narrowly divided chamber requiring 60 votes to break a filibuster.
European court rules human rights violated by climate inaction: The European Court of Human Rights ruled that a group of older Swiss women won their climate case ...
bbc.com/news/science-environment-68768598
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
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
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.
Ossoff to USPS chief about mail woes: ‘You’ve got weeks ... to fix this.’: A frustrated Jon Ossoff did not hold back Tuesday in his questioning of the postmaster ...
ajc.com/politics/usps-delays-atlanta-us-senate-hearing-chief-grilling/V5DJ5JX4VZBTPD7ILDVGA5NUV4/
McCormick says New York Times article to contain ‘frivolous lies’ about his childhood
pennlive.com/politics/2024/04/mccormick-says-upcoming-new-york-times-article-to-contain-frivolous-lies-about-his-childhood.html
Here's what's in the House foreign aid bills: The House bills largely mirror a foreign aid package that passed the Senate in February, with aid to Ukraine ...
npr.org/2024/04/19/1245579555/house-republicans-aid-israel-ukraine-tiktok
Quick Glance: Ukraine, Israel Aid Bill Advances in House
- The House has advanced a foreign aid package of $95 billion for Ukraine, Israel, Taiwan, and humanitarian support with rare bipartisan support.
- Speaker Mike Johnson implemented a strategy to secure support for wartime funding, especially for Ukraine in its battle against Russia.
- President Joe Biden and even Republican presumptive presidential nominee Donald Trump have endorsed the speaker's efforts.
- To pass each bill, complex bipartisan coalitions need to be formed by Johnson due to his slim Republican majority in the House, relying on Democratic support.
Hugely expanded Section 702 surveillance powers set for US Senate vote: Opponents warn almost anyone could be asked to share info with Uncle Sam
theregister.com/2024/04/17/fisa_section_702/
Wyden Says Spying Bill Would Force Americans to Become an 'Agent for Big Brother'
commondreams.org/news/wyden-says-spying-bill-would-force-americans-to-become-an-agent-for-big-brother
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
Quick Glance: Escalating Middle East Tensions Shake World Markets
- Reports of an Israeli attack on Iranian soil potentially dragging the Middle East into a deeper conflict have rattled world markets with geopolitical risks.
- Stocks fell, oil briefly rose over $3 per barrel, and safe-haven government bonds rallied.
- The heightened tensions bring fresh uncertainty and fuel concerns that high oil prices and potential supply disruptions will keep inflation high.
- Energy stocks benefit from higher oil prices, while demand for safe-havens like US or German bonds rises amid renewed inflation risks from rising oil.
What Happens if a Powerful Surveillance Law Expires This Week?: Senators are under pressure to reject amendments to a House-passed bill so it can become law ...
nytimes.com/2024/04/18/us/politics/fisa-surveillance-warrantless-deadline-senate.html
US Senate committee to hold hearing on Boeing safety culture report: The U.S. Senate Commerce Committee said on Thursday it would hold a hearing next week with ...
reuters.com/business/aerospace-defense/us-senate-committee-hold-hearing-boeing-safety-culture-report-2024-04-12/
Far-right US Senate candidate tells crowd to ‘strap on a Glock’ before elections: Kari Lake of Arizona warned supporters of ‘intense’ election year in which ...
theguardian.com/us-news/2024/apr/17/kari-lake-gun-glock-election
The House Pushes for a TikTok ban, and Southern Africa Faces a Food Crisis: Plus, a brazen gold heist.
nytimes.com/2024/04/18/podcasts/tiktok-mayorkas-drought.html
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
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.
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
US and India stoke hopes of global growth in 2024 : FT-Brookings Tiger index shows ‘positive omens’ for modest pick-up compared with last year
ft.com/content/7d1199bb-8283-49c3-801e-249938bcbae8
Tester reelection campaign raises $8 million in first quarter: Democratic Sen. Jon Tester (Mont.) raised more than $8 million in the first quarter of the year ...
thehill.com/homenews/campaign/4595939-tester-reelection-bid-raises-8-million-in-first-quarter/
Senate Republican leader backs legislation to force Chinese divestment of TikTok: U.S. Senate Republican Leader Mitch McConnell on Monday called for legislation ...
reuters.com/world/us/senate-republican-leader-backs-legislation-force-chinese-divestment-tiktok-2024-04-08/
Senate Advances FISA’s Contested Section 702, Which Has Led to Warrantless Spying on U.S. Citizens
democracynow.org/2024/4/19/headlines/senate_advances_fisas_contested_section_702_which_has_led_to_warrantless_spying_on_us_citizens
WWII Rosie the Riveters Are Honored in Washington: Rosie the Riveters, American women who filled a crucial labor shortage during World War II and reshaped the ...
nytimes.com/2024/04/10/us/politics/rosie-riveter-congressional-medal.html
Josh Hawley's Missouri Senate challenger bags strong fundraising quarter: A push to get an abortion measure on the ballot could make the state more competitive.
axios.com/2024/04/11/missouri-senate-lucas-kunce-josh-hawley-fundraising
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
Two years to save the planet, says UN climate chief, and other nature and climate stories you need to read this week
weforum.org/agenda/2024/04/nature-climate-news-un-warning-04152024/
Quick Glance: Scottish Government Abandons 'World-Leading' Climate Target
- The Scottish Government has abandoned its “world-leading” target of reducing greenhouse gas emissions by 75% by 2030.
- Ministers will bring forward legislation to ensure the climate change target “better reflects the reality of long-term climate policymaking”.
- Scotland will move away from legally binding annual targets to a five-yearly carbon budget approach.
- A new package of climate action measures was announced, including tripling the number of charging points for electric vehicles and exploring a new integrated ticketing system for public transport in Scotland.
Tenth consecutive monthly heat record alarms and confounds climate scientists: Sharp increase in temperatures over past year has surprised many scientists
irishtimes.com/science/2024/04/09/tenth-consecutive-monthly-heat-record-alarms-and-confounds-climate-scientists/
Quick Glance: Global Record: Warmest March Ever
- Last month marked the warmest March globally on record and the tenth consecutive month with new temperature records for respective months.
- According to a report from the Copernicus Climate Change Service (C3S), the EU's climate monitoring service, global temperatures in March surpassed the pre-industrial average for that month from 1850 to 1900 by 1.68°C and were 0.73°C above the 1991-2020 average for March. The previous month also exceeded the previous March record by 0.10°C set in 2016.
- The global average temperature from April 2023 to March 2024 is now the highest on record, standing at 1.58°C above the 1850-1900 pre-industrial average.
- In Europe, temperatures in March 2024 were 2.12°C above the 1991-2020 average for the month, with significantly above-average temperatures observed in central and eastern Europe.
Biden administration bans drilling in nearly half of Alaska petroleum reserve in sweeping win for climate advocates
cnn.com/2024/04/19/climate/alaska-drilling-ban-biden-climate/
Quick Glance: Restrictions on Oil and Gas Leasing in Alaska under Biden Administration
- The Biden administration announced restrictions on new oil and gas leasing on 5.3 million hectares of a federal petroleum reserve in Alaska to protect wildlife from the impacts of climate change.
- The decision finalizes proposed protections that drew backlash from environmentalists last year for violating Biden's climate change pledge.
- The limitation on new leasing faced opposition from Republican lawmakers who criticized the decisions as undermining national security interests.
- Environmentalists praised the decision, while the oil industry labeled it as misguided and raised concerns about future developments in the reserve.
Consumer Prices Rose 3.5% in March From Year Earlier: Annual inflation ticked up and underlying price pressures remained strong last month. .
on.wsj.com/3VVaIeY
Mayorkas impeachment trial: What to expect in the Senate: The House sends the articles over on Tuesday but a full-scale trial is unlikely.
abcnews.go.com/Politics/mayorkas-impeachmen-trial-expect-senate/story
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.
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
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.
Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year
independent.ie/business/personal-finance/petrol-and-diesel-back-to-nearly-2-a-litre-as-drivers-hit-by-biggest-price-rise-this-year/a1753249448.html
US Senate votes to reauthorize controversial surveillance program : The US Senate voted late on Friday night to approve the reauthorization of a controversial ...
english.alarabiya.net/News/world/2024/04/20/us-senate-votes-to-reauthorize-controversial-surveillance-program-
Democrats could overturn AZ 1864 abortion ban with help from a few Republicans. Here's how
azcentral.com/story/news/politics/legislature/2024/04/16/democrats-could-overturn-arizona-1864-abortion-ban-law-this-week/73335613007/
US Senator Schumer says congressional party leaders reach 'consensus' on aid to Israel, Ukraine
kyivindependent.com/johnson-says-he-will-push-to-advance-military-aid-for-israel-ukraine-package-uncertain/
'Green Islam': What can it achieve in the world's largest Muslim country: What Can 'Green Islam' Achieve in the World's Largest Muslim Country?
nytimes.com/2024/04/17/world/asia/green-islam-indonesia.html
Privacy Defenders Decry 'Spy Draft' in Section 702 Renewal Advanced by Senate: "It's not about who RISAA allows the government to spy on ...
commondreams.org/news/fisa-section-702-renewal
Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
Small business optimism hits lowest level since 2012: NFIB: The NFIB's Small Business Optimism Index slid in March to its lowest level since December 2012 amid ...
foxbusiness.com/economy/small-business-optimism-hits-lowest-level-since-2012-nfib
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
Greta Thunberg: Activist arrested at Hague climate protest: The activist was placed on a bus with fellow detainees and driven away from a protest at The Hague.
bbc.com/news/world-europe-68749936
Quick Glance: Greta Thunberg protests against fossil fuels in the Netherlands
- The demonstration was specifically targeted against the subsidies for fossil fuels in the Netherlands.
- Climate activist Greta Thunberg was detained twice by police at a demonstration in the Netherlands, after she and a group of marchers blocked a main road to protest against these subsidies.
- Hundreds of protesters marched from The Hague’s city center to the nearby A12 arterial highway that connects the Dutch government's seat with other cities like Amsterdam, Rotterdam, and Utrecht.
- Organized by the Extinction Rebellion (XR) environmental group, the demonstration was part of efforts to pressure the Dutch government ahead of another planned debate on subsidies for fossil fuels in June.
Sen. Mike Lee lambasts Schumer’s move to table Mayorkas impeachment: Utah Republican Sens. Mike Lee and Mitt Romney at odds over impeachment of Homeland Security ...
sltrib.com/news/politics/2024/04/09/sen-mike-lee-lambastes-schumers/
US Senate kills the articles of impeachment against Alejandro Mayorkas: The US Senate made short work of the articles of impeachment against Homeland Secretary ...
saudigazette.com.sa/article/642186
Republican impeachment of Biden's border chief may see swift end in Senate: The Democratic-majority U.S. Senate is likely to bring a quick end this week to House ...
reut.rs/3UaaTkY
Advertising heats up in Arizona Senate race, previewing a tough campaign: The ad war is heating up in the Arizona Senate race, with both sides launching digital ...
nbcnews.com/politics/2024-election/advertising-heats-arizona-senate-race-previewing-tough-campaign-rcna148260
Frustrated farmers are rebelling against EU rules. The far right is stoking the flames
apnews.com/article/europe-democracy-farmers-protest-green-deal-elections-a0278919b2fe47c7476c0c56ccf4850b
‘Donald Trump is a symptom, not the cause’: Tim Kaine’s journey to healing: Hillary Clinton’s running mate experienced defeat by Trump. His new book documents ...
theguardian.com/books/2024/apr/14/donald-trump-symptom-cause-tim-kaine-walk-ride-paddle-book
Hawley outraises the field in his Senate reelection bid in Missouri. And buys a car.
kansascity.com/news/politics-government/article287708420.html
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