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US president Joe Biden criticises Israeli PM Netanyahu’s approach to Gaza conflict, calls for ceasefire

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Israel has received more US foreign aid than any other country since World War Two, although annual assistance has been dwarfed for two years by funding and military equipment sent to Ukraine since Russia’s 2022 invasion.

Israeli Prime Minister Benjamin Netanyahu’s approach to the war in Gaza is a “mistake,” US President Joe Biden said in an interview published on Tuesday, offering further criticism of Israel’s handling of the conflict.

“I think what he’s doing is a mistake. I don’t agree with his approach,” Biden said in comments to Univision, a US Spanish-language TV network.

Biden has also previously called Israel’s bombing in Gaza “indiscriminate” and its military actions “over the top.”

The White House said last week that the president, in a call with Netanyahu, threatened to make conditional US support for Israel’s offensive on it taking concrete steps to protect aid workers and civilians. That call followed an Israeli airstrike that killed seven staff of the aid group World Central Kitchen.

“What I’m calling for is for the Israelis to just call for a ceasefire, allow for the next six, eight weeks, total access to all food and medicine going into the country,” Biden said in Tuesday’s interview.

Israel’s military assault on Gaza has been the subject of mounting international criticism. Domestically, Biden has also faced months of protests from anti-war activists, Muslims and Arab Americans across the country, who have demanded a permanent ceasefire in Gaza and restrictions on US military assistance for Israel.

Hamas’ Oct. 7 attack on Israel killed 1,200 people, according to Israeli tallies. Israel’s subsequent military assault on Hamas-governed Gaza has killed over 33,000, according to the local health ministry, displaced nearly all of its 2.3 million population and led to genocide allegations that Israel denies. The coastal enclave also suffers widespread hunger.

Israel has received more US foreign aid than any other country since World War Two, although annual assistance has been dwarfed for two years by funding and military equipment sent to Ukraine since Russia’s 2022 invasion.

The United States has traditionally shielded Israel in the UN Security Council and vetoed three draft resolutions on the war in Gaza. It abstained last month when the Security Council demanded an immediate ceasefire.

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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US President Biden to fundraise $25 million with former Presidents Obama, Clinton in New York

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Biden and the two former presidents will take part in a discussion moderated by “The Late Show” host Stephen Colbert at Radio City Music Hall in front of thousands of guests at what Biden’s re-election campaign, as per Reuters.

President Joe Biden will get a boost from Democratic predecessors Barack Obama and Bill Clinton on Thursday at a fundraiser in New York slated to raise more than $25 million and add some oomph to Biden’s 2024 re-election campaign.

Biden and the two former commanders-in-chief will take part in a discussion moderated by “The Late Show” host Stephen Colbert at Radio City Music Hall in front of thousands of guests at what Biden’s re-election campaign said would be the most successful political fundraiser in history.

Musicians Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo and Lea Michele are slated to perform, and some high-paying attendees will get their pictures with the three presidents taken by star photographer Annie Leibovitz.

Biden, 81, has faced concerns about his age and fitness for a second four-year term. Recent Reuters/Ipsos polls show his approval rating at 40% and a tight race with Republican challenger Donald Trump, who is 77, ahead of the election on Nov. 5.

Tickets for Thursday’s event are between $250 and $500,000, according to a Democrat familiar with the event. More than 5,000 people were expected to attend. The event will not be televised, but the campaign plans to post content from it on social media. Small-dollar donors can pay $25 to take part in a virtual event with the three men.

Biden has visited all of the top battleground states since a fiery State of the Union address earlier this month, but mostly has spoken to much smaller crowds, part of a deliberate strategy to emphasize interactions with ordinary Americans. Vice President Kamala Harris has crisscrossed the country as well.

The show of support from Obama, who is still enormously popular with Democrats, could bolster enthusiasm from some young voters and other progressives who voted for Biden in 2020 but are furious about his staunch backing of Israel in its response to the Oct. 7 Hamas attacks.

“The numbers don’t lie: today’s event is a massive show of force and a true reflection of the momentum to reelect the Biden-Harris ticket,” campaign co-chair Jeffrey Katzenberg said in a statement.

Biden’s re-election effort raised more than $53 million in February and $10 million in the 24 hours following his March 7 address to Congress. Biden has been routinely outraising Trump.

Obama has voiced concerns to Biden that Trump could win, ahead of a shakeup of Biden’s team that sent two top White House aides to the Wilmington, Delaware-based campaign.

The former president spent time at the White House recently putting together a video highlighting the anniversary of his signature Affordable Care Act, also known as Obamacare. Biden is campaigning hard on his efforts to strengthen the law and accuses Republicans of seeking to end it.

Trump used Biden’s event with Obama and Clinton to appeal to his own supporters as well. “The Obama-Clinton cartel thinks they will beat us tomorrow, but I have something they’ll NEVER have,” he said in a fundraising appeal on Wednesday, referring to his supporters.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Netanyahu ”hurting Israel” by not preventing more civilian deaths in Gaza: US President Biden

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Biden said he was willing to make his case directly to the Israeli Knesset, its parliament, including by making another trip to the country.

US President Joe Biden said Saturday that he believes Israeli Prime Minister Benjamin Netanyahu is “hurting Israel more than helping Israel” in how he is approaching its war against Hamas in Gaza.

The US leader expressed support for Israel’s right to pursue Hamas after the October 7 attack, but said of Netanyahu that “he must pay more attention to the innocent lives being lost as a consequence of the actions taken.” Biden has for months warned that Israel risks losing international support over mounting civilian casualties in Gaza, and the latest remarks in an interview with MSNBC’s Jonathan Capehart pointed to the increasingly strained relationship between the two leaders.

Biden said of the death toll in Gaza, “it’s contrary to what Israel stands for. And I think it’s a big mistake.” Biden said a potential Israeli invasion of the Gaza city of Rafah, where more than 1.3 million Palestinians are sheltering, is “a red line” for him, but said he would not cut off weapons like the Iron Dome missile interceptors which protect the Israeli civilian populace from rocket attacks in the region.

“It is a red line,” he said, when asked about Rafah, “but I’m never going to leave Israel. The defense of Israel is still critical, so there’s no red line I’m going to cut off all weapons so they don’t have the Iron Dome to protect them.” Biden said he was willing to make his case directly to the Israeli Knesset, its parliament, including by making another trip to the country. He travelled to Israel weeks after the October 7 attack. He declined to elaborate on how or whether such a trip might materialize.

The US leader had hoped to secure a temporary ceasefire before Ramadan begins this week, though that appears increasingly unlikely as Hamas has balked at a deal pushed by the US and its allies that would have seen fighting pause for about six weeks, the release of additional hostages held by Hamas and Palestinian prisoners held by Israel, and a surge in humanitarian aid into Gaza. Biden noted CIA Director Bill Burns is in the region currently trying to resurrect the deal.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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US lawmakers strike deal to avoid imminent government shutdown

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The remainder of the US government, including the Defense and Homeland Security departments, would still face a potential March 23 shutdown.

US congressional leaders have reached a deal to avoid a March 2 partial government shutdown and fund parts of the government through September 30.

The remainder of the US government, including the Defense and Homeland Security departments, would still face a potential March 23 shutdown.

House and Senate leaders said in a joint statement that Congress would vote in coming days on one week of temporary funding to avoid a Saturday shutdown of parts of the US government.

That interim funding is needed because technical work remains on the package, which has been agreed to in principle. While negotiators haven’t yet agreed on spending for the remainder of the government, the temporary funding also covers those parts of government through March 22.

House Speaker Mike Johnson’s office had said that, without an agreement on full-year spending bills, he was prepared to allow a shutdown.

Republicans leaders are backing the deal despite a risk of backlash among conservatives who have demanded new immigration restrictions to avoid a government shutdown. GOP congressional leaders have instead chosen to hold up emergency funding for Ukraine assistance to wring concessions from President Joe Biden.

The agreement includes funds for the departments of Agriculture, Transportation, Housing and Urban Development, Veterans Affairs and Energy, along with the Food and Drug Administration. The deal also includes full-year funding for the departments of Interior, Commerce and Justice as well as the Environmental Protection Agency, removing the possibility national parks will close.

The agreement is in line with a $1.59 trillion overall spending level for fiscal 2024 that Republican and Democratic negotiators agreed to in January.

Funding for the remainder of the government, including the Homeland Security Department, will be tougher to negotiate given disputes over asylum policies at the US southern border continue.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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US confronts dangers from Iran-backed militants, vows to protect troops

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

In the wake of the drone attack, President Joe Biden’s administration is vowing to do whatever it takes to protect US troops from an escalating cycle of violence in the Middle East, where Iran-aligned militants are firing at them in Iraq, Syria, Jordan and off the coast of Yemen in the Red Sea, as per Reuters.

More than a month before a deadly drone strike that killed three US soldiers in Jordan, US Defense Secretary Lloyd Austin sought to reassure US troops about the military’s ability to withstand attacks by Iran-backed militants.

Austin, in previously unpublished remarks to sailors aboard the Gerald R Ford aircraft carrier on December 20, said the number one reason the militants had failed to that point was that “they’re not very good at what they do.”

“Every day, Iranian proxies are shooting at our troops that are in Iraq and Syria. They haven’t been effective at all because (of) two reasons: Number one, they’re not very good at what they do,” Austin told the crew.

“But number two, we’ve done a lot of things to ensure that we have the adequate force protection… Eventually, as we all know, they may get lucky one day and cause injury to one of our troops. But we will stay on the balls of our feet and make sure that that doesn’t happen.”

In the wake of the drone attack, President Joe Biden‘s administration is vowing to do whatever it takes to protect US troops from an escalating cycle of violence in the Middle East, where Iran-aligned militants are firing at them in Iraq, Syria, Jordan and off the coast of Yemen in the Red Sea.

But current and former US officials tell Reuters the militants’ periodic success in attacks may be unavoidable, given the sheer number of drones, rockets and missiles fired at US troops and the fact that base defences cannot realistically be completely effective 100% of the time.

Experts also caution against underestimating the Iran-backed militants, even if most of their attacks fail.

Charles Lister of the Washington-based Middle East Institute recalled former President Barack Obama’s description of Islamic State as a junior varsity team in 2014 even as the group was gathering strength.

“To suggest, Obama-style, that ‘well, they’re just a JV team’ and we can chuckle along and take the hits and know that nothing serious is happening is just profoundly naive,” Lister said. “These groups have conducted sophisticated transnational strikes, and they have a very deadly history against American troops.”

Still, US commanders have a long history of putting on a brave face before their troops. Austin is a retired four star general who served on the ground in Iraq, himself coming under fire.

Asked for comment, Pentagon spokesperson Major General Patrick Ryder said Austin was outraged and deeply saddened by the soldiers’ deaths in Jordan and had “no higher priority than protecting our forces and taking care of our people.”

Tragic, but predictable

As of February 7, there have been more than 168 attacks against US troops in Iraq, Syria and Jordan since Middle East tensions surged in October with the outbreak of the Israel-Hamas war. That has caused injuries among 143 US service members, with two sustaining very serious injuries and nine suffering serious injuries.

The worst attack occurred on January 28, when a drone slammed into a US base called Tower 22 on Jordan’s border with Syria, killing Sergeant William Jerome Rivers, Specialist Kennedy Ladon Sanders and Specialist Breonna Alexsondria Moffett.

One senior US military official, speaking on condition of anonymity, called that attack “tragic, unlucky – but predictable.”

“Because that’s the nature of combat. It’s not an antiseptic environment where you can attain perfection” in defending yourself, the former official said.

General Daniel Hokanson, the head of the US National Guard, which had troops stationed at Tower 22 who were wounded, told reporters on Thursday that the military works hard to ensure troops have defences to drive down the risk.

“Sadly, no system is 100% successful in anything,” Hokanson said.

Not a sophisticated strike

While a US military investigation continues, US officials have told Reuters several factors may have contributed to the failure of American defences at the remote base in Jordan.

Most notable, they say, was the low altitude that the drone was flying as it approached Tower 22.

But officials say it does not appear the militants did anything particularly sophisticated that Sunday morning, like intentionally timing the approach of the drone to coincide with the arrival of an American drone to confuse US defences.

Instead, some US officials have concluded that the success of the January 28 strike came down to probability – throw enough munitions at well-defended targets and eventually some will get through.

The militant strike – which the Pentagon says had the “footprints” of the Iraq-based Kataib Hezbollah – has led to a wave of US retaliatory strikes in Iraq and Syria linked to Iran’s Revolutionary Guard (IRGC) and militias it backs. That includes a drone strike in Baghdad on Wednesday that killed a commander of Kataib Hezbollah.

Ryder, the Pentagon spokesperson, told Reuters the US military continued to “take necessary steps to safeguard our forces who serve in harm’s way, and continuously reevaluate our force protection measures.” He did not offer details on any adjustments to US defenses, citing operational security.

Critics of the Biden administration’s approach caution that the retaliatory strikes do not amount to enough pressure on Tehran, which supports these groups and, some current and former officials believe, could instruct them to stop. Some Republicans in Congress have pushed for US strikes on Iranian forces, including on Iranian soil, which the Biden administration has resisted over fears of drawing Iran directly into a broader war.

“Iran can stop these attacks if they want to,” the former US military official said.

But, the official added: “Why should they? They’re not being hurt by our response.”

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Three US troops killed in attack tied to Iran-backed groups

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

An umbrella group for Iran-backed militants called The Islamic Resistance in Iraq claimed responsibility for the attack, the Washington Post reported, citing an official with the group whom it didn’t identify.

The US said Iranian-backed militants killed three service members and wounded 25 others in a drone attack near the Syrian border, the first American deaths under enemy attack since Israel and Hamas went to war.

President Joe Biden vowed retaliation, saying in a statement that “we will hold all those responsible to account at a time and in a manner our choosing.” The administration believes a stronger response is warranted than with previous attacks in which Americans were not killed, according to a person familiar with US deliberations.

“We shall respond,” Biden said later Sunday at a campaign event in Columbia, South Carolina.

The attack, which struck US forces stationed in northeast Jordan, heightens US-Iranian tension and prompted calls by some Republican lawmakers for Biden to launch strikes on Iran — a level of escalation the US has said it’s intent on avoiding.

“We must respond to these repeated attacks by Iran and its proxies by striking directly against Iranian targets and its leadership,” Roger Wicker, the top Republican on the Senate Armed Services Committee, said in a statement. “The Biden administration’s responses thus far have only invited more attacks.”

Senator Jack Reed, the committee’s Democratic chairman, said he’s “confident the Biden Administration will respond in a deliberate and proportional manner.”

Risks of a direct confrontation have increased since the attack by Iran-backed Hamas militants on Israel on October 7 and Israel’s subsequent military incursion into the Gaza Strip.

“While we are still gathering the facts of this attack, we know it was carried out by radical Iran-backed militant groups operating in Syria and Iraq,” Biden said in the statement. The US Central Command said 25 US service members were injured in what it described as a “one-way attack.”

An umbrella group for Iran-backed militants called The Islamic Resistance in Iraq claimed responsibility for the attack, the Washington Post reported, citing an official with the group whom it didn’t identify.

Biden said US forces stationed near the Syrian border came under an unmanned aerial drone attack. About 3,500 US troops are stationed in Jordan.

Defense Secretary Lloyd Austin said the attack targeted US and allied forces deployed to northeastern Jordan to defeat Islamic State. Austin said he and Biden “will not tolerate attacks on American forces, and we will take all necessary actions to defend the United States, our troops, and our interests.”

Iran-backed Houthi militants have been striking ships delivering goods via the Red Sea for weeks. The US and UK have reciprocated the attacks, which prompted the Houthis to say last week that the actions would “not go without any response or punishment.”

The US also has said its military personnel in Iraq and Syria has come under attack dozens of times since October, some suffering traumatic brain injuries.

Two Navy seals were presumed to be dead last week after they went missing during a seizure of Iranian weapons intended for Houthis on January 11.

Representative Michael McCaul, chairman of the House Foreign Affairs Committee, said Iranian proxies have carried out more than 150 attacks on US troops since October.

“We need a major reset of our Middle East policy to protect our national security interests and restore deterrence,” the Texas Republican said in a statement.

Senate Minority Leader Mitch McConnell said the US must impose “serious, crippling costs — not only on front-line terrorist proxies, but on their Iranian sponsors who wear American blood as a badge of honor.” House Speaker Mike Johnson called for a “crystal clear message across the globe that attacks on our troops will not be tolerated.”

Biden, who was in South Carolina campaigning for reelection, was briefed Sunday morning on the attack by senior aides including Defense Secretary Lloyd Austin and National Security Advisor Jake Sullivan, a US official said.

Senator Lindsey Graham, a Republican foreign-policy hawk, renewed calls for a stronger US response.

“Hit Iran now,” he said in a statement. “Hit them hard.”

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Stable US-China ties benefit the world, says US President Joe Biden to corporate leaders

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Still Biden acknowledged the economic tensions between the two countries.

President Joe Biden said the world expects the US and China to better manage their competition, making the case for sustained US involvement in the Asia-Pacific region, a day after his high-profile meeting with Chinese leader Xi Jinping.

“A stable relationship between the world’s two largest economies is not only good for the two economies but for the world,” Biden said Thursday at the CEO session of the Asia-Pacific Economic Cooperation summit in San Francisco.

Biden called his discussion with Xi “candid and constructive” and said he emphasized to his Chinese counterpart that the “United States does not seek conflict.”

Still Biden acknowledged the economic tensions between the two countries.

“We have real differences with Beijing when it comes to maintaining a fair and level playing field and protecting your intellectual property,” he told the corporate leaders.

Biden and Xi met on Wednesday and announced the resumption of military-to-military communications and agreements to jointly combat fentanyl trafficking. After their meeting, Xi addressed another gathering of business executives at a dinner, where he told US attendees including Apple Inc. chief executive Tim Cook, BlackRock Inc.’s Larry Fink and Stephen Schwarzman of Blackstone Inc. that China hoped to be “a partner and a friend.”

Similarly, Biden sought to use the forum to encourage US business leaders to step up their investments in the Asia-Pacific, saying it would help bring peace and stability to the region.

“America’s enduring commitment to the region has been a springboard – it’s enabled growth, transformative growth, ensured the open flow of commerce, lifted millions of people out of poverty,” Biden said.

Biden cited his recent visit to Vietnam and efforts to increase US engagement with Pacific island nations who have bristled at what they say is American neglect of the region as China looks to expand its economic influence.

The US president noted that companies based in other APEC economies had invested more than $200 billion into the US since the start of his administration, lured in part by green energy and semiconductor tax credits included in some of Biden’s signature economic programs.

US companies have invested $40 billion in APEC economies in 2023, according to the White House, and 60% of American exports flow to fellow APEC members.

The US president also used the forum to push the importance of workers’ rights, dovetailing with his domestic support of unions amid a string of high-profile strikes in the automobile, healthcare, and entertainment industries.

But Biden’s plans to unveil parts of a regional trade pact later in the day were scuttled after Democratic lawmakers —including Senator Sherrod Brown of Ohio — objected, saying the agreement lacked enforceable labor standards.

Deputy national security adviser Mike Pyle said negotiations on the Indo-Pacific Economic Framework’s trade pillar would “continue in the weeks and months ahead.”

Biden said the administration was committed to securing protections for workers in any trade deal.

“We have upheld our commitment to unions,” Biden said. “Each of the framework pillars includes strong pro labor outcomes.”

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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 5 Minutes Read

Biden rejects proposed conditions of plea deal for 9/11 attacks defendants

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

the defendants have responded with a list conditions, including that they not serve their life sentences in solitary confinement and would be allowed to eat and pray with other inmates, the New York Times reported, as per Reuters.

US President Joe Biden has rejected several conditions sought by five Guantanamo Bay prisoners as part of a deal with federal prosecutors that would see them plead guilty to conspiring in the September 11, 2001, attacks, the New York Times reported on Wednesday.

The five defendants, including Khalid Sheikh Mohammed, the al Qaeda militant accused by the US of being the principal architect of the attacks, have been offered a plea agreement by prosecutors that would spare them the death penalty in exchange for admitting guilt and a life prison term, the Times reported.

But the defendants have responded with a list conditions, including that they not serve their life sentences in solitary confinement and would be allowed to eat and pray with other inmates, the newspaper said.

The White House confirmed that Biden concurred with Defense Secretary Lloyd Austin’s recommendation not to accept the conditions, known as joint policy principles, as a basis for plea talks.

“The 9/11 attacks were the single worst assault on the United States since Pearl Harbor. The president does not believe that accepting the joint policy principles as a basis for a pre-trial agreement would be appropriate in these circumstances,” a White House spokesperson said in an email.

“The administration is committed to ensuring that the military commissions process is fair and delivers justice to the victims, survivors, families, and those accused of crimes,” he said.

More than 3,000 people were killed in the hijacked plane attacks by al Qaeda militants using four commercial airline jets, flying two of them into the twin towers of the World Trade Center in New York City.

The militants crashed a third plane into the Pentagon in Washington, D.C. The fourth plane went down in rural Pennsylvania after passengers fought back against the hijackers.

ALSO READ:  Green Card backlog crisis in US: 10.7 lakh Indians could face ‘lifetime of waiting’

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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 5 Minutes Read

Preview the G20 Experience: What awaits Biden, Sunak at Bharat Mandapam?

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

G20 Summit is slated to take place on September 9 and 10. And it is the Pragati Maidan Complex in New Delhi, that will host the G20 Summit. CNBC-TV18’s Ashmit Kumar gets a preview, to help you, share the G20 experience with the likes of US President Joe Biden and Rishi Sunak, the Prime Minister of UK. 

India is hours away from hosting the most powerful heads of states from countries representing 85 percent of global GDP and 66 percent of global population. And it is the Pragati Maidan Complex in New Delhi, that will host the G20 Summit. But while the facility has limited access, CNBC-TV18’s Ashmit Kumar gets a preview, to help you, share the G20 experience with the likes of US President Joe Biden and Rishi Sunak, the Prime Minister of UK.

Thousands of delegates, 43 delegations and 25 heads of states – India is pulling out all stops to manifest Indian culture and heritage. One of the first sights to greet the visitors, is the 27 feet tall, 18 tone Nataraja sculpture made of ashtadhatu – an alloy of 8 metals including gold, silver, copper.

Nataraja sculpture is flanked by a grand staircase leading into the Bharat Mandapam. The Rs 2,700 crore mandapam borrows inspiration from a Shankha, and is designed to showcase Indian culture. This will be ground zero for the Summit. G20 leaders and accompanying delegates will be engaging each other across the auditoriums, lounges and business centres. In fact, its multi purpose hall has a seating capacity of 7,000, which is more than the Sydney Opera House.

Ministry of Electronics and IT has also set up two Digital India Experience Zones. The Zones will feature rockstars of India’s Digital Public Infrastructure – the likes of Aadhaar, UPI, DigiLocker, Bhashini, ONDC. Leaders and delegates will be able to experience making digital payments, real time speech to speech translation, and even get a medical prescription through online consultation. The Government has expressed confidence that such immersive experiences, will help project and build India’s leadership in Digital Infra.

Hall 3 will see the RBI Pavilion. The pavilion will share with delegates, the RBI pilot on the Digital Rupee. RBI will also show case how digital credit can revolutionise rural credit. The pavilion will also feature the rockstar – UPI. RBI will showcase that even delegates without Indian bank accounts can transfer money with ease. Contactless payments RuPay on-the-go and cross border billing system will also be showcased.

The Culture Ministry will host the Exhibition called – ‘Bharat: The Mother of Democracy’. An AI-based Avatar will welcome the high profile visitors with a brief introduction to India’s democratic roots. It will feature 26 interactive panels that will trace the roots of democracy from the Rig Vedas to King Ashoka to modern elections to multi layered administrative structures.

India also wants the high powered delegates to go back home with a piece of Indian Culture – Kolhapuri Chappals to Paithani Sarees from Maharasthra. So with the aim of One District, One Product – the Mandapam will host a Crafts Bazaar. It will see products by women and tribal artisans, from 30 states and Union Territories.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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10 Questions · 5 Minutes
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Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Joe Biden calls Zelenskyy ‘Vladimir’ at NATO summit: 5 times US President made a verbal faux pas

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Instead of referring to his Ukrainian counterpart, Zelenskyy, Joe Biden mistakenly called him ‘Vladimir’. He quickly corrected his mistake and again said, “Mr Zelenskyy and I talked about the kinds of guarantees we could make in the meantime when I was in Ukraine and when we met in other places.”

In yet another gaffe, United States President Joe Biden on Wednesday, July 12, mistakenly took the first name of the rival he is trying to defeat while speaking at the North Atlantic Treaty Organization (NATO) summit in Vilnius, Lithuania. Instead of referring to his Ukrainian counterpart,  Volodymyr Zelenskyy, Biden misspelt him as ‘Vladimir’, the Russian President Putin.

“Vladimir and I…I shouldn’t be so familiar,” said Biden while addressing a press conference in the Lithuanian capital. He, however, quickly corrected his mistake and again said, “Mr Zelenskyy and I talked about the kinds of guarantees we could make in the meantime when I was in Ukraine and when we met in other places.”

Watch video:


The video of Biden’s speech is now circulating on social media, attracting mixed reactions from people. Some expressed concern over Biden’s age and health, while some said that Biden should retire from politics, and others defended him, saying, “Volodymyr and Vladimir” sound similar.

The 80-year-old democratic leader has recently made several mix-ups and embarrassing gaffes during his public addresses. His verbal and physical slips have led to a huge outcry among Republicans, who have sought to claim that these expressions show that Biden lacks mental competence.

Let us take a look at some of his most notable gaffes.

‘Putin is losing Iraq war’

In one of the most infamous gaffes, Biden mispronounced Ukraine as Iraq while speaking to reporters at the White House last month. “Putin is losing the war in Iraq,” he said.

‘God save the Queen’

Earlier, he was heavily trolled for saying “God save the Queen” while concluding his speech on gun control reform at National Safer Communities Summit in Connecticut, United States. The misstatement raised the eyebrows of the audience because it was the national anthem of the United Kingdom dedicated to Queen Elizabeth II, who died in September 2022.

‘Global inflation is the cause of war in Iraq’

In November last year, while delivering a speech at the COP26 UN Climate Summit, Biden once again mistakenly ended up saying that global inflation is due to the war in Iraq. He also said that his son died there. “Inflation is a worldwide problem right now because of the war in Iraq and the impact on oil, and what Russia’s doing—excuse me, the war in Ukraine,” he said, justifying, “I think of Iraq because that’s where my son died.”

ALSO READ | George Bush calls Ukraine ‘Iraq’ in public gaffe — here’s a look at other US Presidents and their goof-ups

‘Mr President?’

Biden mistakenly called UK Prime Minister Rishi Sunak as “Mr President” when Sunak travelled to the US, for a two-day visit in June this year. As both leaders looked at the camera, Biden said, “Well, Mr President…” and quickly corrected himself, adding, “I demoted you, Mr Prime Minister.”

Biden incorrectly says he has four granddaughters

Earlier, Biden incorrectly said that he has four granddaughters when he has five while speaking at a White House event.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?