Tue, 21-Oct-2025

US stock markets went down after warning about interest rates

US

US stock markets concluded the week substantially down after remarks from the Fed’s chief. Jerome Powell, the bank’s chairman, said interest rates must be raised to prevent inflation from becoming permanent. His statements sent US markets 3% down. US stock markets concluded the week substantially down after remarks from the Fed’s chief. Jerome Powell, the … Read more

US university to offer Taylor Swift songwriting course

Taylor Swift

Reportedly, a new literature course focusing on Taylor Swift’s songwriting will be offered at a university in the United States this coming fall. Page Six reports that the University of Texas will be teaching the Grammy winner’s music alongside the works of Chaucer, Shakespeare, Coleridge, Keats, and Sylvia Plath. According to the article, students enrolled … Read more

Man arrested for smuggling reptiles to other countries while carrying them in his pants

reptiles

Jose Manuel Perez orchestrated the six-year scam from his house in southern California. Species he netted include Yucatan box turtles, Mexican box turtles and juvenile crocodiles. His downfall occurred in March when he attempted to drive out of Mexico with sixty insects concealed in his groyne and other garments. Officials said Wednesday that a man … Read more

BLACKPINK’s ‘Pink Venom’ hits another milestone on the US iTunes

BLACKPINK
  • BLACKPINK’s mega-hit Pink Venom is achieving new milestones across the world
  • The World Music Awards revealed BLACKPINK’s Pink Venom achievement on their official Twitter account on August 21.
  • According to an announcement made by World Music Awards, the popular South Korean female quartet is currently No. 1 on the iTunes charts

BLACKPINK’s mega-hit Pink Venom is achieving new milestones across the world with its spectacular and power-packed music video.

The World Music Awards revealed BLACKPINK’s Pink Venom achievement on their official Twitter account on August 21.

According to an announcement made by World Music Awards, the popular South Korean female quartet is currently No. 1 on the iTunes charts in the United States for the second consecutive week.

In at least 73 regions, the new solo track has topped the US iTunes Top Songs chart.

 

According to YG Entertainment, the band’s upcoming album Born Pink experienced tremendous pre-order sales of over 1.5 million in one week, as reported by The Korea Herald.

Additionally, it is anticipated that album sales may surpass the 3 million level.

The pre-released solo single Pink Venom will be featured on the group’s forthcoming album Born Pink, which is set for release on September 16, 2022.

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South Korea and US greatest joint military drills are currently underway

South Korea

South Korea and the US are conducting their largest combined military exercises on the Korean Peninsula in years. Two air force colonels are sitting shoulder to shoulder in a deep military bunker outside of Seoul. The two forces will conduct field exercises this week to practise how they would react to a North Korean attack … Read more

Oracle is checking TikTok algorithms for spying

oracle tiktok

Cloud giant Oracle has started checking TikTok’s algorithms to make sure they are not being changed by the Chinese government. TikTok moved US user data to Oracle servers in San Francisco to prevent data manipulation. Oracle has started checking the algorithms of the popular social media site TikTok to make sure they are not being … Read more

USAID announces $100,000 for flood victims in Pakistan

USAID

ISLAMABAD: US Agency for International Development (USAID) Pakistan will provide $100,000 to flood-affected populations in Pakistan. In his tweet, United States Ambassador to Pakistan Donald Blome said US stands with communities in Pakistan recovering from the devastation caused by severe flooding. “I issued a declaration of humanitarian need, and in response, USAID Pakistan will provide … Read more

  Chinese military exercises are ongoing around Taiwan as a US congressional delegation is there

Chinese military

A day after a US congressional delegation arrived in Taipei, China’s military claimed to have conducted combat Ed Markey, the leader of the US congressional delegation, arrived in Taipei on Sunday for a surprise Taiwan has never been under the control of China, but the country’s ruling Chinese Communist Party still regards  A day after … Read more

Hundreds of Mexican soldiers sent to Tijuana due to cartel violence

mexican soldiers

350 National Guard troops are in Baja California to support federal troops. Government employees were told to stay home and avoid the city. 17 people were arrested in four other Baja cities after hijackings. Hundreds of Mexican soldiers arrived in Tijuana on Saturday after gangs burned and hijacked more than a dozen vehicles. 350 National … Read more

Netizens puzzles over 2 wild horses walking on water 

horses

A video of two wild horses that seems to show them “walking on water” went viral. Kelli Rogers, who is 58 years old, took the video last month. She put the video of the optical illusion on TikTok, where it has been seen more than 8.3 million times. Ever seen anyone walking on water? No, … Read more

US to boost Taiwan trade, conduct air, sea transits

US to boost Taiwan trade

The United States will boost trade with Taiwan in response to China’s “provocative” behaviour, the White House said Friday, as it insisted on the right of air and sea passage through the tense strait.

A new trade plan will be unveiled within days, while US forces will transit the Taiwan Strait in the next few weeks, said Kurt Campbell, White House coordinator for Asia-Pacific issues and an adviser to President Joe Biden.

The statement came after Beijing raged at last week’s trip by US House Speaker Nancy Pelosi, launching its largest-ever military drills around the self-ruled island.

Taiwan has accused China of using the visit by Pelosi, the highest-ranking elected American official to visit in decades, as an excuse to kickstart drills that Taipei called a rehearsal for invasion.

China views Taiwan as its own territory to be seized one day, by force if necessary.

Campbell said Pelosi’s visit was “consistent” with Washington’s existing policy and that China had “overreacted.”

Beijing used the pretext to “launch an intensified pressure campaign against Taiwan to try to change the status quo, jeopardizing peace and stability across the Taiwan Strait and in the broader region,” he said.

“China has overreacted and its actions continue to be provocative, destabilizing and unprecedented.”

In response to China’s drills, the United States is reasserting its involvement in the area, while reiterating its policy of “strategic ambiguity” — diplomatically recognizing China while simultaneously supporting Taiwan’s self-rule.

‘Ambitious roadmap’ 

Campbell said the administration would continue to “deepen our ties with Taiwan, including through continuing to advance our economic and trade relationship.”

“For example, we’re developing an ambitious roadmap for trade negotiations which we intend to announce in the coming days,” he said.

Campbell said that the United States would also reassert its right to use international air and sea space between Taiwan and China.

US forces “will continue to fly, sail and operate where international law allows, consistent with our long-standing commitment to freedom of navigation.”

“That includes conducting standard air and maritime transits through the Taiwan Strait in the next few weeks,” he told reporters.

Campbell did not confirm what kind of deployment would be made to support the maneuvers, saying he had no “comments about either the nature of our crossings or the timings across the Taiwan Strait.”

Taiwan’s foreign ministry thanked Washington for its “firm support” in a statement on Saturday that pointed to Washington’s “concrete action to maintain security in the Taiwan Strait and peace in the region”.

Criticizing China’s decision to halt cooperation with Washington on issues including the fight against climate change, Campbell said “we have and will continue to keep lines of communication open with Beijing.”

The official noted that Biden and Chinese President Xi Jinping have asked staff to arrange an in-person summit, but he declined to comment on reports that this could take place during the G20 group meeting in Bali this November.

“We don’t have anything further in terms of details on time or location,” he said.

 

 

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US, Indonesia, Australia drill over China fears

australia drill

This year’s exercises include more than 5,000 people from the US, Indonesia, Australia, Japan, and Singapore Washington wants to form a united front against China’s military expansion in the South China Sea. BATURAJA, Indonesia: Soldiers from the US, Indonesia, and Australia participated in a live-fire drill Friday as part of annual joint military exercises on … Read more

Iraq PM inaugurates Mosul international airport reconstruction

mosul international airport

Iraqi PM Mustafa Al-Kadhemi inaugurated the rebuilding of Mosul International Airport. The conflict caused a lot of damage to the airport, and it hasn’t been used since ISIS took over Mosul in 2014. A provincial official mentioned a $266 million budget for rehabilitation projects in 2021–2022. Iraqi Prime Minister Mustafa Al-Kadhemi on Wednesday inaugurated the … Read more

4,000 beagles rescued from a breeder now needed homes in the US

4,000 beagles

Following one of the largest canine rescue operations in US history, nearly 4,000 beagles are looking for new homes. The dogs were being bred in Virginia at a company that afterwards sold them to labs conducting drug tests. However, the business has since been shut down due to violations of animal laws, and charities are … Read more

Hezbollah warns Israel against attacking Palestinians in Lebanon

hezbollah

Sayyed Hassan Nasrallah: “Any attack on any human being will not go unpunished or unanswered”. Israeli Defense Minister has hinted at possibility of targeting Islamic Jihad officials in Iran, Lebanon, and possibly even the US. He warned that Israel could do “preemptive strikes” abroad. Sayyed Hassan Nasrallah, the leader of the formidable armed group Hezbollah … Read more

Russia stops US nuclear arsenal inspections New START treaty

Russia

Russia has informed the US that it has “temporarily” halted on-site inspections of its strategic nuclear weapons. The US, according to the Russian foreign ministry, was looking for benefits and had denied Russia the opportunity to conduct inspections on US soil. It is the final agreement between the former Cold War foes to reduce their … Read more

Russia shows off ‘trophies’ ,says seized US, UK, Poland weapons

russia weapons

Russia’s Defense Ministry releases images of weapons it says it recovered from Ukraine. Weapons include anti-tank grenade launchers from the US, UK, Poland, and Sweden. The Russian military has lost almost 5,000 vehicles in Ukraine, according to a military and intelligence blog. Russia has shown the US guns and other war spoils from its invasion … Read more

China, Taiwan warship play high-seas ‘cat and mouse’ as drills end

cat and mouse

China and Taiwan engaged in a high-seas game of ‘cat and mouse’ on Sunday. Exercises are in response to US House Speaker Nancy Pelosi’s visit to Taiwan. TAIPEI: Chinese and Taiwanese warships engaged in a high-seas game of “cat and mouse” on Sunday, prior to the expected end of four days of extraordinary Chinese military … Read more

Reports of spotted loose monkey in Florida city

loose monkey

A capuchin monkey is on the loose in Cape Coral Springs, Florida. Residents have been leaving food out for the primate in an attempt to catch a glimpse of it. Similar unverified sightings were reported in Portland, Maine, at the beginning of July. Residents in a Florida hamlet are on the lookout for an odd … Read more

US basketball star jailed for nine years on drug charges

Brittney Griner
  • US President Joe Biden calls the sentencing “unacceptable”.
  • Griner was detained in February at an airport near Moscow with cannabis oil in her luggage.

Griner, 31, acknowledged having cannabis oil in her possession but claimed she erred “honestly.”

However, the court found her guilty of drug trafficking and possession, and it nearly awarded her the maximum term suggested by the prosecution.

 

Griner is regarded as one of the top players in the world and has won two Olympic gold medals.

 

When vape cartridges containing cannabis oil were discovered in her luggage in February at an airport close to Moscow, she was detained. For the US off-season, she had travelled to Russia to play club basketball.

 

Soon after, Russia invaded Ukraine, and since then, her case has been the focus of prominent US-Russian diplomacy.

 

 

The sentence was labelled “inappropriate” by US Vice President Joe Biden.

 

A threat to everyone who travels, works, or lives abroad is posed by Russia, as well as any nation that engages in illegal imprisonment, according to US Secretary of State Antony Blinken.

 

I love my family, Griner reportedly said as she was led out of the courthouse in custody, according to Reuters.

 

Given that the US and Russia have been talking about a prospective prisoner swap that could include the basketball player, it is uncertain how long she will actually be imprisoned.

 

According to reports in US media, Washington may release the Merchant of Death, or imprisoned Russian arms dealer Viktor Bout, to Moscow as part of the agreement.

 

The defence team for Griner announced that they would appeal the court’s decision from Khimki, near Moscow, on Thursday.

 

The American has already spent a significant amount of time in detention, the presiding judge in Khimki remarked as she read the verdict.

 

After both parties made their final arguments, Griner addressed the court and said, “I committed an honest mistake, and I hope in your judgement it does not terminate my life.”

 

She said, “I did not plan or conspire to do this crime.

 

Griner added that she was forced to use a translation software on her phone to communicate and that she had not been given access to a lawyer or a description of her rights during the first few hours of her imprisonment.

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Mexican President Lopez Obrador sparks concerns after tough statements on US energy dispute

Mexico president
  • A US-led complaint against Mexico’s energy policy has sparked considerable concern within the Mexican government.
  • President Andres Manuel Lopez Obrador is “seriously analysing” the situation. He has attempted to defuse it by personally negotiating deals with companies that oppose his policies.
  • A source familiar with Mexico’s efforts to resolve the dispute said that the dispute has reached an institutional level.

Despite President Andres Manuel Lopez Obrador’s defiant stance, a potentially costly US-led complaint against Mexico’s energy policy has sparked considerable concern within the Mexican government, officials and people close to the matter say.

The US Trade Representative demanded dispute settlement talks with Mexico last week, claiming Lopez Obrador’s push to tighten state control of the energy market is unfair to its companies and likely violates a regional trade agreement.

With rousing appeals to national sovereignty, Lopez Obrador said he would lay out Mexico’s position on the issue alongside an independence day military parade on Sept. 16, even as he sought to minimise any potential conflict with the US.

“Nothing will happen, nothing will happen, because we both need each other,” he said last week.

In reality, Lopez Obrador is annoyed, concerned, and frustrated by the squabble, and has attempted to defuse it by personally negotiating deals with companies that oppose his policies, according to a person familiar with the president’s thinking.

Separately, two Mexican officials expressed concern about the trade dispute, and a third stated that the president was “seriously analysing” the situation.

The president addressed the US demand a day after it became official, saying he had reached agreements with 17 of 19 American energy companies in June, without naming them.

The office of Lopez Obrador, a leftist who has sought to energise his electoral base in this and other disputes by claiming that opposition to his policies is being driven by corrupt domestic adversaries, did not respond to a request for comment.

However, the agreements he announced with energy companies did not prevent USTR from filing its demand. Canada soon followed suit.

During a 75-day consultation period, Mexico’s economy ministry has pledged to pursue a “mutually satisfactory” solution through “open, frank” dialogue.

If no agreement is reached, the USTR may request a dispute panel.

“This is very serious, and it must be handled very carefully,” said Alfredo Femat, chairman of the lower house’s foreign relations committee and a member of Lopez Obrador’s ruling MORENA party’s coalition allies.

Once the issue reached a panel, Mexico’s ability to broker an agreement would be lost, according to Femat.

According to a second source familiar with the situation, Mexican officials have expressed surprise to business leaders that the USTR demand was submitted just a week after Lopez Obrador returned from talks with US President Joe Biden in Washington.

Officials have stated that Mexico does not intend to change its laws, but is open to exploring other options, according to the source. The source also expressed concern that tariffs could target Mexican-made SUVs and pickup trucks.

According to a Mexican official, Mexico would argue to Washington that a trade war with one of its key trading partners risks harming the US economy at a critical time, with midterm elections in the US looming in November.

Last week, Lopez Obrador claimed that without the assistance of Mexico’s auto industry, the cost of a new car in the United States would rise by $10,000. He rejected the possibility of Mexico leaving the USMCA on Thursday. [L1N2Z91XM]

Mexico’s economy ministry referred to earlier remarks about how it hoped to resolve the dispute through consultations. A foreign ministry spokesperson echoed that sentiment, saying Mexico was confident that established mechanisms could facilitate an agreement but declining to confirm other details reported by Reuters.

Still, the first source familiar with Mexico’s efforts to resolve the dispute said that the dispute has reached an institutional level where the government cannot rely on case-by-case solutions.

However, if Lopez Obrador feels trapped, there is a risk that he will escalate the conflict, according to the source, who added, “He is not capable of backing down, because he has already gone too far.”

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US sending $550 million in military aid to Ukraine, including HIMARS ammunition

military aid
  • $550 million in military aid will be sent to Ukraine, including 75,000 rounds of 155mm artillery ammunition.
  • Additional ammunition for High Mobility Artillery Rocket Systems (HIMARS) arrived Monday.
  • Ukrainian forces have used HIMARS to destroy at least 50 Russian ammunition depots.

Another $550 million in military aid will be sent to Ukraine, including 75,000 rounds of 155mm artillery ammunition and additional ammunition for High Mobility Artillery Rocket Systems, according to US officials (HIMARS).

On Monday morning, four more HIMARS, which have a longer range and are more precise than older artillery Soviet-era rocket systems, arrived in Ukraine.

“We have proven to be smart operators of this weapon,” said Ukrainian Defense Minister Oleksiy Reznikov on Monday morning.

Since June, Ukrainian forces have used the weapons system to destroy at least 50 Russian ammunition depots, according to Reznikov.

HIMARS was used by Ukrainians in late July to damage the Antonovsky Bridge, a vital crossing that connects Russian forces in the occupied Kherson region to the Crimean peninsula.

“[The Ukrainians] are spending a lot of time striking targets like ammunition supplies, other logistical supplies, and command-and-control,” a senior US military official told reporters last month on a background call.

“All of these factors have a direct impact on the ability to conduct front-line operations. So, yes, even though they aren’t shooting the HIMARS on the front lines, they are having a significant impact on that.”

Since Russia’s invasion, the Biden administration has sent more than $8 billion in security assistance to Ukraine, including anti-tank Javelin missiles, anti-aircraft Stinger missiles, drones, and thousands of small arms.

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Shock in Kabul as US kills al-Qaeda leader

US
  • Sherpur, or the town of thieves, was the name given to it by Kabulis. The Taliban took over some of the empty villas near some high-walled Western embassies.
  • Owners of nearby buildings told us they had been ordered to close their rooftops. Ayman al-death, Zawahiri’s a top target on America’s wanted list, had been reported previously.
  • He was said to be a recluse in the rugged terrain along the Afghan-Pakistan border.

The first signs of a months-long operation emerged when an attack rocked Kabul’s centre in the early hours of Sunday morning: we heard two thunderous blasts on our street nearby.

Speculation raged about who or what had struck Sherpur’s “empty house.”

It is a neighbourhood that has become notorious over the last two decades for its garish multi-story villas, which Kabul residents have mocked as the stronghold of corrupt warlords and officials, a gaudy symbol of the spoils of an ugly war.

Choorpur, or the town of thieves, was the name given to it by Kabulis. The Taliban took over some of the empty villas near some high-walled Western embassies, which also closed when the Taliban took control.

Every day, new puzzle pieces emerged: a possible strike on an Islamic State target; the use of a US drone, which raised even more questions; and the involvement of US forces on the ground.

The mystery was solved early Tuesday morning.

We attempted to approach the area on a main road leading into the street, past Spinney’s luxury supermarket and the Afghan Ghazanfar bank, as Kabul awoke to the news that the US had killed al-Qaeda leader Ayman al-Zawahiri in a drone strike.

A single Taliban guard crossed his arms angrily to warn us away.

We walked around the back of the villa from a side street.

Guards and workers in neighbouring buildings confirmed which house was hit on Sunday; balconies protruding from the top floor were now covered in green plastic sheeting.

Was there any activity or residents at this location?

“The house was empty,” the refrain went. Was this a rehearsed response, a repeat of the Taliban’s official statement?

Owners of nearby buildings told us that they had been ordered hours before to close their rooftops to everyone, including their own employees.

As word of Zawahiri’s assassination spread like an electric current on social media, the scene of this explosive moment appeared strangely quiet.

On this hot summer day, traffic flowed along the surrounding tree-lined streets. But as the minutes passed, more journalists arrived, more passers-by stopped, and more Taliban guards appeared.

As we stood on the main street, one armed Talib warned a colleague, “If you don’t listen to me, I’ll speak to you through my gun.”

A group of Afghan and foreign journalists approached us, one in tears after an argument on the main road leading to the front of the house.

Her equipment had been forcibly removed. The item was then returned.

What had previously been whispers became more audible.

There was talk that Arabs had been seen moving through these streets in recent months. Nobody dared to say much about it.

A nearby local journalist told us: “In the last few months, we’ve seen non-Afghan residents in this neighbourhood. They are illiterate in the local languages. We have no idea who they are.”

There are many questions, conspiracies, and possible outcomes now.

Ayman al-death, Zawahiri’s a top target on America’s wanted list, had been reported previously, including last year, when he was said to have died of illness.

Zawahiri was al-most Qaeda’s prominent ideologue and spokesperson.
He was said to be a recluse in the rugged terrain along the Afghan-Pakistan border if he was still alive.

But it has now been revealed that he was a guest of the Taliban leadership, living in the villa said to belong to Sirajuddin Haqqani, the acting Taliban interior minister who is sanctioned by the US.

Ayman al-Zawahiri, who was he?
BACKGROUND: US drone strike kills al-Qaeda leader
There is a resemblance to the US assassination of Zawahiri’s brother-in-law, Osama Bin Laden, who was hiding in plain sight in a villa in the Pakistani city of Abbottabad, just down the street from a Pakistani military academy, in 2011.

In Afghan Pashtun tradition, there is also an echo of the Taliban’s retort to the US after the 9/11 attacks that Bin Laden was only their honoured guest.

The 2020 US-Taliban agreement, signed in the Gulf state of Qatar after nearly two years of tortuous negotiations, was supposed to resolve this critical question.

We were repeatedly told during the talks that the Taliban’s commitment to not allowing Afghanistan to become a safe haven would be spelled out in black and white.

However, the deal that emerged, complete with secret annexes, was not so straightforward.

The Taliban has vowed to prevent any attacks on US soil from taking place from their territory.

They never explicitly agreed to cut ties with their fellow jihadis, including Zawahiri, who had sworn allegiance to the Taliban leader, or emir, Haibatullah Akhundzada, like other al-Qaeda leaders.

There have been repeated and credible reports of al-Qaeda fighters crossing the Pakistani border into Afghanistan since the Taliban swept into Kabul on 15 August last year, but there have also been repeated Taliban pledges to fight terrorism.

The Taliban also accuses the US of breaking their agreement by attacking a Kabul residential neighbourhood. A Taliban spokesman warned that “repeating such actions will harm the existing opportunities.”

A map depicting the location of Ayman al-residence. Zawahiri’s
This watershed moment comes at a time when the Taliban are still struggling to establish international legitimacy and recognition a year after seizing power. They may not want to jeopardise any fragile progress.

The United States and other Western powers have also been caught in a bind: how do they assist the people of Afghanistan, who are in the grip of a worsening humanitarian crisis, while many Taliban leaders remain subject to US terrorism sanctions?

American interests in the region also include combating extremist groups such as the Islamic State, which they share with the Taliban.

Since taking power in Kabul, the Taliban have been walking a political tightrope.

Social media is now ablaze with accusations of yet another US war crime, this time involving an alleged extrajudicial killing.

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Meghan Markle and Prince Harry can not be blamed for living in US

Prince Harry

Former talk show host Trisha Goddard has commented on Tom Bower’s latest book and his disparaging remarks about Meghan Markle. Ms. Goddard stated on 60 Minutes Australia, “‘For f***s sake!’, here we go again”, adding that the spitefulness is “boring”. Ms. Goddard stated on 60 Minutes Australia, “‘For f***s sake!’, here we go again”, adding … Read more

US President Joe Biden tests positive for Covid after ‘rebound’ infection

Joe Biden
  • US President Joe Biden has tested positive for Covid-19 again.
  • The 79-year-old first contracted the virus on 21 July.
  • His doctor has said there is no need to resume treatment but he will remain under observation. Mr Biden had tested negative for the virus four times before.

US President Joe Biden tested positive for Covid-19 for the second time, in what his doctor described as a “rebound” infection.

The 79-year-old first became ill with the virus on July 21, when he was diagnosed with mild symptoms.

 

Mr. Biden stated on Saturday that he was not experiencing symptoms but would isolate “for the safety of everyone around me.”

 

Between Tuesday and Friday last week, the president tested negative for the virus four times.

 

Mr Biden’s physician, Dr Kevin O’Connor, stated in a letter describing the situation that there was no need to resume treatment, but that the president would be kept under “close observation.”

 

Mr. Biden has been taking Paxlovid, an antiviral medication that, according to Dr. O’Connor, has resulted in a “small percentage” of Covid patients having a “rebound” test.

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Biden Touts Senate Spending Deal As Key to ‘Facing Up’ to Inflation, Climate Change

Biden
  • West Virginia Sen. Joe Manchin announced a deal with Senate Majority Leader Chuck Schumer on Wednesday. Agreement includes provisions to address inflation, prescription drug prices, corporate taxes, energy costs, and climate change.
  • The agreement would invest more than $300 billion in domestic energy production, manufacturing, and climate change programmes.
  • It would also allow Medicare to negotiate drug prices and continue expansions to Affordable Care Act.

During remarks on Thursday, President Joe Biden celebrated a major breakthrough in Senate negotiations, touting the “historic agreement” that he said addresses some of the nation’s most pressing issues – and brings him one step closer to seeing his agenda realised.

“I understand that it can sometimes appear that nothing gets done in Washington,” Biden said. “Government work can be slow, frustrating, and even infuriating at times.” Then the hours, days, and months of hard work by people who refuse to give up pay off. History is being written. People’s lives have been altered.”

The president’s speech follows a major development on Wednesday evening, when West Virginia Senator Joe Manchin announced a deal with Senate Majority Leader Chuck Schumer of New York on a spending package that includes provisions to address inflation, prescription drug prices, corporate taxes, energy costs, and climate change – components central to the Biden administration’s agenda that have faced setbacks and been stalled for months.

 

Manchin said in a statement Wednesday that debate over congressional spending has for too long been “defined by how it can help advance Democrats’ political agenda called Build Back Better,” referring to the massive spending bill Biden has been seeking until it was derailed late last year by Manchin’s own lack of support.

“Build Back Better is dead,” Manchin said, “but we now have the opportunity to strengthen our country by bringing Americans together.”

On Thursday, Biden chuckled at the similarities between his original plan and the new agreement, but the president praised senators for their efforts to reach an agreement on the so-called Inflation Reduction Act, parts of which he called a “big deal” and a “godsend” for American families.

The bill is billed as combating inflation by reducing the deficit by $300 billion, as well as allowing Medicare to negotiate drug prices and continue expansions to the Affordable Care Act. It would also raise taxes on families earning more than $400,000 per year and on large corporations, which would pay for the rest of the legislation, according to Manchin and Schumer. In addition, the new agreement would invest more than $300 billion in domestic energy production, manufacturing, and climate change programmes, with the goal of reducing carbon emissions by 40% by 2030. Analysts have noted that the agreement’s environmental component was perhaps the most surprising get, given Manchin’s opposition to climate provisions in a reconciliation bill just weeks earlier.

“Let me be clear: This bill would be the most significant legislation in history to address the climate crisis and immediately improve our energy security,” Biden said.

While the agreement is still only a fraction of what Democrats had hoped for, Manchin’s support suggests that Democrats may now turn their attention to another holdout, Sen. Kyrsten Sinema of Arizona, a moderate Democrat who has previously opposed certain tax provisions included in the new agreement. To pass, the filibuster-proof legislation needs the support of all 50 Democratic senators, with Vice President Kamala Harris ready to cast the deciding vote.

Biden acknowledged that the agreement does not include everything he has pushed for since taking office, but he called it a compromise and explained that this is “often how progress is made.”

“This is the strongest bill you can pass to lower inflation, cut the deficit, reduce health care costs, tackle the climate crisis, and promote energy security, all while reducing the burdens facing working-class and middle-class families,” Biden said, as the Senate prepares to move the legislation forward next week.

“So pass it,” said the president. “Pass it for the sake of the American people.” “Give it to America.”

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