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20.10 / 01:25
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Biden says Hamas, Russia threaten democracy in national address
Biden on Thursday said Hamas and Russia are both out to «annihilate» democracies in an impassioned speech to the nation from the Oval Office, where he made the case for US assistance to Ukraine and Israel. Hamas and Russian President Vladimir Putin «represent different threats but they share this in common: they both want to completely annihilate a neighboring democracy,» Biden said in the prime-time speech. Fresh from a whirlwind trip to Israel, the 80-year-old Democrat delivered just the second speech of his presidency from behind the historic Resolute Desk in a bid to win over war-weary voters and hardline Republicans. Biden, seeking reelection in 2024, is preparing to push Congress for a massive, $100 billion package that includes funding for Israel in its war with Hamas and for Ukraine's battle against Russia's invasion. Tying together two conflicts an ocean away from the United States is a bid by Biden to frame them as part of a bigger struggle to shape the world order and protect Americans at home. Biden had earlier said on X, formerly Twitter that «we are at a global inflection point that is bigger than party or politics.» Presidents traditionally reserve speeches from the solemn setting of the Oval Office for moments of key national significance. Biden's only previous address from there was in June when he hailed a deal with Congress to avert what would have been a catastrophic US debt default. But Congress has now been paralyzed for more than two weeks as divided Republicans, who control the majority in the House, fail repeatedly to agree on electing a House speaker. Hard-right Republicans, and a growing number of voters, are also strongly opposed to adding to the $43.9 billion in security assistance
19.10 / 22:57
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Former broker sentenced to more than 10 years in prison for fraud
Thomas Brenner, a former broker, has been sentenced to more than 10 years in prison by a federal judge in Ohio after pleading guilty to securities fraud that enabled him to acquire funds to pay for a race car and finance back taxes.
19.10 / 22:05
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Biden revives bid to refill US oil reserve with 6M-barrel purchase
Investing.com — President Joe Biden has revived his bid to refill the heavily-drawn US oil reserve, with the Department of Energy announcing two separate offers of crude purchases on Thursday totaling 6 million barrels, to be delivered between December this year and January 2024.
19.10 / 22:05
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WeWork COO Anthony Yazbeck to step down
(Reuters) — WeWork's Chief Operating Officer Anthony Yazbeck will step down from his role and also as president on Oct. 20, the company said on Thursday, days after it named interim chief David Tolley as permanent CEO.
19.10 / 22:05
19.10 / 20:57
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PM Modi speaks with Palestinian president, assures humanitarian assistance
NEW DELHI : India’s Prime Minister Narendra Modi spoke with the President of the Palestinian Authority Mahmoud Abbas on Thursday. “Spoke to the President of the Palestinian Authority H.E. Mahmoud Abbas.
19.10 / 20:57
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HP launches refurbished laptop sales in India
NEW DELHI : HP Inc. has introduced a refurbished laptop programme in India, offering used but cost-effective computers for both retail consumers and businesses through HP-certified partners who will provide after-sales support. The programme, which has been launched for the Indian market, will be expanded to other markets in 2024, the company said in a statement Thursday.
19.10 / 20:08
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How reachable is that ideal goal for growth that is both inclusive & green?
Here are some takeaways from an insightful debate on the profound topic of ‘what kind of growth do we need to sustain our future?’
19.10 / 19:31
19.10 / 19:15
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Nitish Kumar sees 'friend for life' in BJP, Union Minister Giriraj Singh says 'doors closed'
Bihar Chief Minister and Janata Dal (United) leader Nitish Kumar on Thursday said 'You will remain connected to me as long as I live' while pointing to a Bhartiya Janta Party (BJP) leader. CM Nitish Kumar was speaking at the convocation ceremony of Mahatma Gandhi Central University in Motihari.
19.10 / 17:41
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India reiterates opposition to China’s BRI, supports programmes in Maldives
Hindustan Times. Referring to security and development assistance provided to the Indian Ocean archipelago by New Delhi, external affairs ministry spokesperson Arindam Bagchi told a regular media briefing that the Indian side’s cooperation with the Maldives is based on jointly addressing shared challenges and priorities. While responding to several questions on the Belt and Road Forum hosted by China and Muizzu’s comments endorsing the BRI, Bagchi said that India’s position on BRI, including the programme’s “lack of respect for our sovereignty and territorial integrity are well known and consistent".
19.10 / 17:41
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Biden’s Gaza Response Frustrates Arab-Americans, Progressives
WASHINGTON—President Biden reiterated his staunch support for Israel in the wake of attacks by Hamas militants during a visit to Tel Aviv on Wednesday. But back in the U.S., he’s faced criticism from progressives, Muslims and Arab-Americans, who say his sympathy for lost Palestinian lives and the humanitarian crisis in Gaza is too little too late. “I’ll vote for him.
19.10 / 17:31
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DOJ Targets SBF's Jets for Forfeiture
According to a document that was submitted by the United States Department of Justice (DOJ) on October 4, 2023, two luxury aeroplanes worth several millions of dollars that are held by Samuel Bankman-Fried are now potentially vulnerable to forfeiture. The petition states that the foundation for the action to forfeit the property belongs to «offences described in Counts One through Four and Seven of Indictment 22 Cr. 673 (LAK)» committed by Bankman-Fried. Both a Bombardier Global 5000 BD-700-1A11 and an Embraer Legacy EMB-135BJ are named as the aircraft in question here.
19.10 / 17:19
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How Will States Pay for Roads When Gas Taxes Evaporate?
Back in 2001, seven years before Tesla introduced its electric-powered Roadster and a dozen years before the more affordable Chevrolet Spark EV went on sale, lawmakers in Oregon recognized that the adoption of EVs and hybrids would eventually mean less revenue from the state’s gas tax, which would mean less money to pay for roads and bridges. So they formed a committee to study the problem. After considering a tire tax, a battery tax and numerous other options, the committee concluded that Oregonians should be charged based on how many miles they drive.
19.10 / 16:53
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India reiterates opposition to China's Belt and Road Initiative
India on Thursday once again voiced its opposition to China's Belt and Road Initiative (BRI) as the project lacked respect for New Delhi's sovereignty and territorial integrity. External Affairs Ministry spokesperson Arindam Bagchi said unlike in the past, India had not been invited by China to this year's Belt and Road Forum.
19.10 / 16:53
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China's nuclear arsenal at more than 500 warheads -Pentagon report
China has more than 500 operational nuclear warheads in its arsenal and will probably have over 1,000 warheads by 2030, the Pentagon said in its annual report on Beijing's military that was released on Thursday. Despite the growing number of China's nuclear weapons, they are still much lower than what Russia and the United States have. The United States has a stockpile of about 3,700 nuclear warheads, of which roughly 1,419 strategic nuclear warheads were deployed. Russia has about 1,550 nuclear weapons deployed and according to the Federation of American Scientists, a stockpile of 4,489 nuclear warheads. In the wide ranging report, the Pentagon said China's more than 500 warheads as of May 2023 were on track to exceed projections. In a previous report, the Pentagon estimated that Beijing had more than 400 operational nuclear warheads in 2021. «We see the PRC (People's Republic of China) continuing to quite rapidly modernize and diversify and expand its nuclear forces,» a senior U.S.
19.10 / 16:33
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DTCC
DTCC buys blockchain outfit Securrency
DTCC says the deal, set to close within weeks, will position it as a leader in bridging best-in-class industry practices with advanced digital technology to encourage acceptance and adoption of digital assets. Securrency will become a fully-owned subsidiary of DTCC and will operate under the name DTCC Digital Assets. Nadine Chakar, CEO of Securrency, will lead the unit and be joined by around 100 other staffers. DTCC has a long history of exploring digital assets and distributed ledger technology.
19.10 / 15:11
Career
Dreams
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social
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The Guardian ends longtime cartoonist Steve Bell's contract over Netanyahu caricature
Guardian dismissed editorial cartoonist Steve Bell because he refused to print an anti-Semitic caricature of Israeli Prime Minister Benjamin Netanyahu. The decision was revealed in the newspaper: «The decision has been made not to renew Steve Bell's contract.» This marks the end of Bell's four-decade association with The Guardian. Steve Bell's Stint Since 1983, Steve Bell has been a regular contributor to The Guardian, and his cartoons have appeared in the journal for over 40 years.
19.10 / 14:33
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American Journalist Alsu Kurmasheva detained in Russia for over 4 months on 'Foreign Agent' charges, will she be jailed?
Alsu Kurmasheva, a U.S. journalist, over allegations of not complying with foreign agent registration requirements. Kurmasheva who is the Editor at Radio Free Europe-Radio Liberty (RFE/RL) has been confined to a detention centre in Russia’s Kazan. Her organization gets financial support from the US government. This occurrence represents the second instance of a U.S. journalist encountering legal custody in Russia during this year.
19.10 / 13:09
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High on hotels: A gold rush starts as businesses find 'room' for growth
Mankind Pharma entered the sector with the Courtyard by Marriott Aravali Resort, and added The Westin Rishikesh Resort & Spa earlier this year. Kaushalya Logistics is venturing into hospitality by building a 200-room Holiday Inn hotel on Delhi-Mumbai highway in Udaipur.
19.10 / 13:05
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