International

Congress approves plan to avoid government shutdown amid Republican divisions

Congress approves plan to avoid government shutdown amid Republican divisions

The US Congress narrowly avoided a partial government shutdown on Friday, after weeks of partisan wrangling over federal spending limits and debt ceiling extensions. The crisis came as Republicans, responding to pressure from former President Donald Trump, debated proposals to raise the debt limit while addressing broader fiscal concerns. President of the Chamber Mike Johnsona Republican, he managed to push a plan through his chamber, which is narrowly controlled by his party, while also securing enough bipartisan support to pass it in the Democratic-majority Senate. Speaking to reporters earlier in the day, Johnson expressed cautious optimism: “We have a plan.…
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Parliament approves financing law to avoid government shutdown, but battle over debt ceiling looms

Parliament approves financing law to avoid government shutdown, but battle over debt ceiling looms

The Republican-led US House of Representatives passed legislation on Friday to prevent a government shutdown, rejecting President-elect Donald Trump's calls to include billions of dollars in new funding. The bill, which now moves to the Democratic-controlled Senate, must be approved and signed into law by President Joe Biden before current funding expires at midnight Saturday. The bill passed the House with broad bipartisan support in a 366-34 vote, extending federal funding through March 14. The bill allocates $100 billion for disaster relief and $10 billion for farmers, but excludes controversial provisions, including raising the debt ceiling, a controversial Trump issue.…
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UK economy contracts in October, raising concerns about growth and inflation

UK economy contracts in October, raising concerns about growth and inflation

The UK economy unexpectedly contracted in October, exacerbating fears of a prolonged economic slowdown as businesses and households grapple with uncertainty. According to the Office for National Statistics (ONS), gross domestic product (GDP) fell by 0.1% month-on-month, defying economists' expectations of a modest 0.1% increase. This contraction follows a similar 0.1% decline in September, marking the second consecutive month of negative growth and raising concerns about the country's economic trajectory. The ONS attributed October's decline to reduced output across all key sectors. However, on a three-month rolling basis, GDP showed a slight increase of 0.1% for the period ending in…
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Kamala Harris urges resilience as Democrats regroup after election defeat

Kamala Harris urges resilience as Democrats regroup after election defeat

Vice President Kamala Harris appealed to Democrats still reeling from last month's election defeat, urging them to remain steadfast in their commitment to progress. Speaking days before Donald Trump returned to the White House, with Republicans retaining full control of Congress, Harris encouraged supporters to remain engaged in the political fight despite their disappointment. In a motivational speech, Harris acknowledged the frustration and disillusionment felt by many Democrats since the election, but stressed the importance of resilience. “Many people have told me they feel angry, even defeated,” Harris said. “They said they don't have the strength or desire to stay…
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Trump plans to ring the opening bell on the NYSE as markets react to his election victory

Trump plans to ring the opening bell on the NYSE as markets react to his election victory

President-elect Donald Trump prepares to ring the opening bell of the New York Stock Exchange (NYSE), marking the ceremonial start of the trading day. This symbolic event comes at a crucial time as markets weigh the implications of his 2024 election victory, according to people familiar with the matter. The event is expected to be a significant moment for Trump, a native New Yorker who spent much of his life in Manhattan before moving to Florida. His return to the city for this occasion underlines his connection to the financial world and his enduring association with Wall Street. Historically, the…
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Elon Musk's growing influence in Trump's political orbit sparks debate over GOP strategy

Elon Musk's growing influence in Trump's political orbit sparks debate over GOP strategy

Just a week after Donald Trump secured victory in the US presidential election, Elon Musk hinted at his increasingly important role in shaping the political landscape. The billionaire businessman made headlines by suggesting that his political involvement would serve as “a significant obstacle in the primaries,” signaling his willingness to challenge Republican lawmakers who deviate from Trump's agenda. Musk's intentions became clearer shortly thereafter, when he took to X (formerly known as Twitter), the social media platform he owns, to respond to a suggestion that he might financially support challengers to Republican members of the Congress who opposed Trump's policies.…
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Biden reflects on the legacy of Pearl Harbor and the lessons of history

Biden reflects on the legacy of Pearl Harbor and the lessons of history

During an event honoring veterans and their families at the White House, President Joe Biden reflected on the lasting impact of the Pearl Harbor attack, calling it a moment that "changed the future of the world." Speaking just before the 83rd anniversary of the attack, Biden highlighted the historic significance of that day and drew parallels to decisions facing the United States today. Recalling his childhood, Biden said he grew up hearing stories about Pearl Harbor and the aftermath of the attack, which prompted many to join the military during World War II. “During World War II, we met at…
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Biden calls Assad's departure a turning point for Syria's future

Biden calls Assad's departure a turning point for Syria's future

President Joe Biden expressed optimism and caution as Syria enters a new chapter following the departure of its longtime leader, Bashar al-Assad. Speaking from the White House on Sunday, Biden underscored the United States' commitment to working with international partners and stakeholders to support Syria's democratic transition after more than 13 years of devastating conflict. Assad's departure marks the end of a brutal era for Syria. The embattled leader, along with his family, has reportedly requested asylum in Russia, which granted him refuge “on humanitarian grounds,” according to Russian officials quoted by local media. Syrian rebels took full control of…
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Biden shares a message of hope during the final Christmas tree lighting at the White House

Biden shares a message of hope during the final Christmas tree lighting at the White House

In a heartfelt ceremony that marked his final Christmas tree lighting as president, Joe Biden addressed young Americans with a touching message that their aspirations for the nation are being heard, as he encouraged everyone to keep searching." the light of freedom, of love, of connection, of compassion.” , dignity and decency". The event took place on a chilly evening in Washington, where attendees braved biting winds to gather at Ellipse Park near the White House. The 30-foot tall Christmas tree, a vibrant symbol of the season, stood as the centerpiece of the celebration. Vice President Kamala Harris and Second…
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Trump announces key government appointments, emphasizing artificial intelligence, cryptocurrency and border security

Trump announces key government appointments, emphasizing artificial intelligence, cryptocurrency and border security

President-elect Donald Trump has revealed several significant appointments for his administration, which takes office on January 20. The announcements, made via a late-night statement, highlight priorities such as artificial intelligence (AI), cryptocurrency policy, border protection and diplomatic strategy. In line with his campaign promise to make the United States a global hub for cryptocurrency innovation, Trump appointed David Sacks, former president of PayPal operations, to lead efforts on artificial intelligence and digital currency policy . This move signals a commitment to promoting technological growth while providing clarity and stability to the cryptocurrency industry. “David Sacks will lead the legal framework…
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