Joe Biden News

Joe Biden said the US would not support disproportionate Israeli retaliation against Iran's missile attacks. Separately, US Federal Reserve chair Jerome Powell indicated subsequent interest rate cuts would not be as steep as the half-a-percentage-point initial drop. The US is not only keeping capital markets reasonably calm through its geopolitical stand and monetary policy, but it has also capped a spike in oil prices by adding impressive inventory.

The Department of Homeland Security has announced that it would ban the import of goods from a Chinese steel manufacturer and a Chinese maker of artificial sweetener

Iran launched a barrage of missiles at Israel, it warned Iran of consequences with Prime Minister Benjamin Netanyahu saying that Iran would «pay for the attack». Some analysts said Israel's response would likely be sharper this time, suggesting it could target Iran's nuclear or oil facilities. The US, meanwhile, is pushing for a measured Israeli response to avoid a broader regional war, but its influence may be limited in shaping Israel's next steps. This latest round of hostilities threatens to expand far beyond the Israel-Palestine struggle, pulling in regional powers like Iran, and sparking fears of a full-scale war across the Middle East. US President Joe Biden has said that he would not support an attack by Israel on Iranian nuclear sites in retaliation for Tehran's firing of missiles at Israeli cities. «The answer is no,» Biden said on Wednesday, when asked if he would support such retaliation after Iran fired missiles at Israel.

Joe Biden on Wednesday signed legislation that will exempt some U.S. semiconductor manufacturing facilities from federal environmental reviews that are receiving government subsidies. Without the new law, projects from the $52.7 billion CHIPS Act of 2022 could have been forced to undergo additional federal environmental reviews under the National Environmental Policy Act of 1969 to win federal permits. Proponents say those projects had already complied with federal, state and local environmental regulations and permitting requirements and that without the change they could have potentially faced years of additional delays.

forced labour from China's far-west region of Xinjiang. The action broadens the scope of the US effort to counter products from entering the country that the government says are tied to human rights abuses. The additions to the entity list under the Uyghur Forced Labour Prevention Act marks the first time a China-based steel company or aspartame sweetener business have been targeted by US law enforcement, DHS said. «Today's actions reaffirm our commitment to eliminating forced labour from US supply chains and upholding our values of human rights for all,» said Robert Silvers, undersecretary of Homeland Security for policy. «No sector is off-limits. We will continue to identify entities across industries and hold accountable those who seek to profit from exploitation and abuse.»

Some manufacturers and retailers are urging President Joe Biden to invoke a 1947 law as a way to suspend a strike by 45,000 dockworkers that has shut down 36 U.S. ports from Maine to Texas

Joe Biden will survey the devastation in North and South Carolina on Wednesday as rescuers continue their search for anyone still unaccounted for after Hurricane Helene caused catastrophic damage across the Southeast and killed at least 166 people. Many residents in both states were still without running water, cellular service and electricity as floodwaters receded and revealed more of the death and destruction left in Helene's path. «We have to jump start this recovery process,» Biden said Tuesday, estimating it will cost billions. «People are scared to death. This is urgent.»

Iran launched a missile strike on Israel in retaliation for the assassination of Hezbollah leader Hassan Nasrallah. The attack, which occurred just hours before the U.S. vice-presidential debate between Democrat Tim Walz and Republican JD Vance, heightened global anxieties. Former U.S. President Donald Trump wasted no time in blaming President Joe Biden and Vice President Kamala Harris for what he described as a dangerous escalation, claiming their policies have brought the world to the brink of World War III. Trump asserted that under his administration, there was no war in the Middle East, Europe, or Asia, and inflation was under control. He lambasted Biden and Harris, stating, «You wouldn’t trust Joe or Kamala to run a lemonade stand, let alone lead the Free World.» He went on to claim that the current administration has led to the «threat of war raging everywhere.» Accusing Harris of being weak on foreign policy, Trump suggested that Iran wants her to remain in power as they «can take advantage of America.» He stated that if he were still president, the current conflicts, including the Ukraine-Russia war and the Afghanistan withdrawal, would not have occurred. «If Kamala gets four more years, the world goes up in smoke,» he warned.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Speaker Mike Johnson is laying out a five-point policy agenda should Republicans take the majority next year

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Iran launched a barrage of ballistic missiles against Israel on Tuesday, the latest escalation between the two countries amid a widening conflict in the Middle East.“All Israeli civilians are in bomb shelters as rockets from Iran are fired at Israel,” the Israeli Defense Forces wrote on social media.Dozens of projectiles were shot down over Tel Aviv before they could hit any targets. It was not immediately clear who was responsible for intercepting the missiles. A series of explosions were heard in Tel Aviv and near Jerusalem.Air raid sirens could be heard across central Israel as residents were ordered to enter bomb shelters and await further instructions from officials.

Dockworkers across the eastern United States are joining their peers on strike at Montreal ports as a fresh wave of labour action grips North American supply chains.

"Prime Minister Narendra Modi and President Joe Biden set an ambitious goal to improve and expedite the visa process and I am proud to say that we have delivered on that promise. Our consular teams at the embassy and four consulates work tirelessly to ensure that we meet the surging demand," said US Ambassador to India Eric Garcetti. More than 1.2 million Indians have travelled to the United States in 2024, a 35 per cent increase over the same period in 2023. 

critical minerals this week, two Indian government sources said, as the two countries try to bolster trade ties despite diplomatic hiccups. They are expected to sign an agreement to partner and cooperate in the area of critical minerals during Indian trade minister Piyush Goyal's visit to Washington, the sources said. Goyal is scheduled to be in the U.S. this week to discuss ways to deepen overall bilateral trade ties, according to one of the sources, weeks before the White House's preparation for a leadership change following the presidential election later this year.

Subscribe to enjoy similar stories. If Ukraine and its Western backers are to win, they must first have the courage to admit that they are losing. In the past two years Russia and Ukraine have fought a costly war of attrition.

Republicans on Sunday sought to distance themselves from Donald Trump's latest insults of Democratic nominee Kamala Harris during a rambling weekend rally in Wisconsin in which he called her «mentally disabled.» Trump escalated his personal attacks on the vice president during a self-described «dark speech» on immigration following Harris' trip to the U.S.-Mexico border. "Joe Biden became mentally impaired," Trump said. «Kamala was born that way. She was born that way. And if you think about it, only a mentally disabled person could have allowed this to happen to our country. Anybody would know this.»

Subscribe to enjoy similar stories. The outcome of November’s US presidential election will have profound consequences for democracies worldwide and for geo-political flashpoints like Ukraine, the Middle East and Taiwan. But the potential economic fallout could be equally far-reaching.

When JD Vance and Tim Walz take the stage for next week's vice presidential debate, CBS News says it will be up to the candidates, not the moderators, to fact-check each other

Donald Trump meandered Saturday through a list of grievances against Vice President Kamala Harris and other issues during an event intended to link his Democratic opponent to illegal border crossings. A day after Harris discussed immigration at the U.S.-Mexico border, Trump spoke to a crowd in Prairie du Chien, Wisconsin, about immigration. He blamed Harris for migrants committing crimes after entering the U.S. illegally, alleging she was responsible for «erasing our border.» «I will liberate Wisconsin from the mass migrant invasion,» he said. «We're going to liberate the country.»

North Korea, which has been accused of illegally supplying weapons to Russia, said on Sunday that U.S. military aid worth $8 billion to Ukraine is «an incredible mistake» and playing with fire against nuclear superpower Russia. U.S. President Joe Biden announced the new aid as Ukraine President Volodymyr Zelenskiy visited Washington to help Kyiv defend itself, including longer-range weapons that will upgrade its ability to strike Russia from safer distances. Kim Yo Jong, the powerful sister of North Korean leader Kim Jong Un, said Washington is escalating the Ukraine conflict and driving all of Europe to the brink of a nuclear war.