More Senate Democrats are pressuring President Joe Biden to extend rescue measures as the U.S. recovers from a coronavirus-fueled economic drubbing. Twenty-one members of the Senate Democratic caucus wrote to the president Tuesday urging him to include recurring direct payments and enhanced jobless benefits as part of his recovery plan. The senators, led by Finance Committee Chair […] Read more
Queen Elizabeth said Tuesday that the royal family will address allegations of racism within Buckingham Palace made by Prince Harry and the Duchess of Sussex in their explosive interview with Oprah Winfrey. The queen’s comments were her first since that interview, when Harry and Meghan Markle also detailed a lack of support by the royal […] Read more
U.S. Senate Majority Leader Chuck Schumer said on Tuesday he has directed lawmakers to craft a package of measures to counter China’s rise, capitalizing on bipartisan hardline sentiment on Beijing in Congress to strengthen the U.S. tech sector and counter unfair practices. Schumer said at a weekly press conference that he has directed committees to […] Read more
President Joe Biden’s press secretary delivered a striking message to Saudi Arabia’s de facto leader Crown Prince Mohammed bin Salman on Tuesday. Jen Psaki told a press conference, using diplomatic language, that the U.S.-Saudi relationship — particularly that with the kingdom’s crown prince — is being downgraded. “On Saudi Arabia I would say we’ve made […] Read more
Donald Trump’s lawyers have started their case for the former president to be acquitted of inciting last month’s deadly riot at the US Capitol, arguing the impeachment trial is an act of “political vengeance”. Donald Trump speaks to supporters at Joint Base Andrews before boarding Air Force One for his last time as President. Photo: AFP/Getty Images […] Read more
EY CEO Carmine Di Sibio has suggested that the main threat to businesses under the Biden administration will be the possibility of higher corporate taxes. Di Sibio told Karen Tso that he thought U.S. President Joe Biden, who was sworn into office last Wednesday, would “listen to business.” “I think he’s a centrist,” Di Sibio […] Read more
Italy averted further political chaos on Tuesday after Prime Minister Giuseppe Conte survived a confidence vote in the upper house of Parliament. The country had been embroiled in fresh political uncertainty over the past week after a smaller party withdrew its support for the coalition government — thus stripping it off from having a majority in Parliament. […] Read more
Lobby formation is normally initiated for the purpose of strengthening a nation’s standing and the need to activate its role on the international scene, thus, serving its interests and strategies. The emergence of lobbies is one of the most important features of the modern state. It evolved in the last quarter of the 20th century, […] Read more
Ukrainians on Sunday voted in local elections that were considered a test for President Volodymyr Zelenskyy, and likely dealt a setback to his party, according to early polls. The former comedian took office last year and promised to uproot endemic corruption and shore up a worsening economy. But out of nine major cities and regional […] Read more
The Federal Reserve Board of Governors seal. Brendan Smialowski | AFP | Getty Images A Democratic sweep in the coming U.S. elections will likely unleash more fiscal stimulus, but it could also cause the Federal Reserve to hike interest rates earlier than expected, said a Morgan Stanley portfolio manager. The first rate hike by the Fed could […] Read more
