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The US presidential race was thrown open by President Joe Biden’s decision to step aside and endorse Vice-President Kamala Harris as the Democratic party’s candidate against Donald Trump. This brightens the ruling party’s odds of White House retention, but her being a woman—and “of colour" too—makes some folks wonder if her candidacy will do anything to stop Trump from cruising to victory.

Donald Trump’s recruitment of Ohio Sen. J.D. Vance as his running mate may be about the worst news the country could receive on the heels of the former president’s brush with a would-be assassin’s bullet.

Ahead of a lunch meeting with Vice President Kamala Harris at the White House in March, JPMorgan Chase Chief Executive Jamie Dimon didn’t know what to expect. Dimon wasn’t sure of her political agenda when it came to the economy and business.

WASHINGTON—What a year these past few weeks have been. President Biden’s withdrawal from the 2024 campaign caps off a historically tumultuous stretch in American politics, as a series of unexpected events—from a presidential debate for the ages to a near-assassination—have shaken up the political landscape and thrust it into uncharted territory. Until recently, the 2024 presidential election was shaping up as a snoozer of a rematch, with the same candidates who battled each other in 2020 ignoring the electorate’s pleas for change and slogging joylessly toward a November grudge match.

Last night (21 July), Biden announced he was pulling out of the 2024 election, following weeks of internal Democratic and punditry pressure to withdraw. Biden, who took the White House office in 2020, said in a letter addressed to «my fellow Americans», that it had been the «greatest honour of my life to serve as your president». «While it has been my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as president for the remainder of my term,» he said. Investors not expect...

Bitcoin (BTC), the world’s most valuable cryptocurrency, began this week on a bullish note, trading around $67,500 and reaching an intra-day high of $68,418.

In a post on X, formerly known as Twitter, last night (21 July), the incumbent president wrote: «I have decided not to accept the nomination and to focus all my energies on my duties as president for the remainder of my term.» Richard de Lisle: How a second Trump win could impact the US economy «Today I want to offer my full support and endorsement for Harris to be the nominee of our party this year. Democrats — it is time to come together and beat Trump,» he added.  The announcement has been welcomed by Democrats and condemnation from Republicans.  America's 2008-2016 president...

Russian authorities say they have seized 500 crypto mining rigs in a raid on the Bitcoin (BTC) mining hotspot of Irkutsk.

In a surprising development, President Joe Biden declared on Sunday that he would not seek re-election. This decision throws the Democratic nomination into uncertainty just months before the November election against former President Donald Trump.

Netanyahu visits Washington this week, under pressure to end the Gaza war both from Israelis who want hostages brought home and from a U.S. administration focusing increasingly on the presidential election. The visit, Netanyahu's first to his most important international ally since returning for a record sixth term as prime minister at the end of 2022, has been overshadowed by President Joe Biden's decision not to seek reelection. A meeting with Biden is tentatively planned for Tuesday if the president has recovered from Covid-19, and Netanyahu is scheduled to address the U.S. Congress on Wednesday.

China, the world's biggest source of planet-warming greenhouse gases for most of the past two decades, is seemingly on the verge of bending its emissions curve from years of steep growth into a plateau. The implications for climate change could scarcely be greater. Since China's emissions surpassed those of the United States in 2006, China's global share has grown to almost a third — a huge number, even with population differences taken into account. A recent spate of data from China's government, as well as reports by energy analysts, have provided positive signs that while China's emissions may not decrease significantly, they also may not grow. Chinese President Xi Jinping had pledged to reach that turning point by 2030.

Jammu and Kashmir unit of the Janata Dal (United) on Sunday asked the party's national president Nitish Kumar to reconsider the alliance with the BJP at the Centre. «The actions of the BJP in Jammu and Kashmir has forced us to appeal to our national leader Nitish Kumar to reconsider our participation in the National Democratic Alliance (NDA),» JD(U) state general secretary Vivek Bali said here.

US Homeland Security Secretary Alejandro Mayorkas has appointed a bipartisan, independent panel to review this month's assassination attempt on former President Donald Trump, officials said Sunday. The panel members will have «extensive law enforcement and security experience to conduct a 45-day independent review of the planning for and actions taken by the US Secret Service and state and local authorities before, during, and after the rally, and the US Secret Service governing policies and procedures,» the Department of Homeland Security said in a statement. The first people named to the panel are former Homeland Security Secretary Janet Napolitano; Frances Townsend, former Homeland Security adviser to President George W. Bush; Mark Filip, a former federal judge and deputy attorney general to President George W. Bush; and David Mitchell, former Secretary of the Department of Public Safety and Homeland Security for the state of Delaware. Additional experts could be asked to join the group in the coming days, the statement said.

Biden's withdrawal from the U.S. presidential race injects greater uncertainty into the world at a time when Western leaders are grappling with wars in Ukraine and Gaza, a more assertive China in Asia and the rise of the far-right in Europe. During a five-decade career in politics, Biden developed extensive personal relationships with multiple foreign leaders that none of the potential replacements on the Democratic ticket can match. After his announcement, messages of support and gratitude for his years of service poured in from near and far. The scope of foreign policy challenges facing the next U.S. president makes clear how consequential what happens in Washington is for the rest of the planet. Here's a look at some of them.

battery electric vehicles, Suzuki Motor Corp. Executive Vice President Kenichi Ayukawa said. First, the goal is for Maruti Suzuki India Ltd., the Japanese carmaker’s subsidiary, to grab 50% market share by 2030, from around 40% for the fiscal year through March. “We’re confident that the Indian market will expand in the mid to long term,” Ayukawa said in an interview. The emergence of India as an economic powerhouse and its expanding middle class present a clear opportunity for the Hamamatsu-based manufacturer, which has been active in the South Asian nation since 1983 and has found success as the top-selling automaker with models such as Swift and Brezza. In order to keep its lead, Suzuki plans to introduce its first-ever EV in India, as well as in Europe, next year after exhibiting its mass production model at the upcoming auto expo in India in January, according to Ayukawa.

Joe Biden described the challenge of leading a psychologically traumatized nation. The United States had endured a life-altering pandemic. There was a jarring burst of inflation and now global conflict with Russia invading Ukraine, as well as the persistent threat to democracy he felt Donald Trump posed. How could Biden possibly heal that collective trauma?

dollar slipped and Asian stocks fell after Joe Biden ended his reelection campaign and endorsed Vice President Kamala Harris. China’s central bank cut a key short-term interest rate. A Bloomberg gauge of the US currency’s strength fell 0.2% Monday after the US President bowed to pressure from the Democrats and pulled out of the November election race, while the Mexican peso climbed. US stock futures gained.

Donald Trump", all eyes are now on the Democratic National Committee (DNC) Chair. Questions have now turned to Harris' electoral viability — and how she might perform against former President Donald Trump. Across recent polls, Harris trails Trump by 2 percentage points nationally on average, 46 per cent to 48 per cent. This is an improvement over Biden's standing in the race: He trailed the Trump by 3 percentage points in the polling average, 47 per cent to 44 per cent, as per a report on NYT News Service. In recent swing state polls, taken before Biden announced he would withdraw from the presidential race and completed before the assassination attempt on Trump, Harris was only down by 1 percentage point in the crucial swing state of Pennsylvania in a hypothetical matchup with Trump. And she was winning by a more comfortable 5 percentage points in Virginia, a state where Biden was up by only a razor-thin margin.

Joe Biden announced Sunday that he is withdrawing from the presidential election race and endorsed Kamala Harris to take his place against Donald Trump this November.“It has been the greatest honour of my life to serve as your President,” Biden said in a statement released Sunday shortly before 2 p.m. ET.“And while it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term,” he said.Biden said he would address the nation later this week to provide more details about his decision.In a separate statement, Biden gave his endorsement to his vice-president, Kamala Harris.“My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President.

Thirty-six congressional Democrats have publicly called on Democratic President Joe Biden to end his re-election bid after the 81-year-old incumbent's halting debate performance against Republican rival Donald Trump, as per a Reuters report. They represent more than one in eight Democrats in Congress, where Biden's party controls 213 seats in the House of Representatives and 51 in the Senate.

Joe Biden announced decision to step down, the US President announced that he will endorse Vice President Kamala Harris as the presidential nominee for his party Democrats. It was unclear whether other senior Democrats would challenge Harris for the party's nomination — she was widely seen as the pick for many party officials — or whether the party itself would choose to open the field for nominations. «My fellow Democrats, I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term. My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President. And it’s been the best decision I’ve made. Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year. Democrats — it’s time to come together and beat Trump. Let’s do this,» said Biden in his statement.