World leaders, activists in Paris seek financial response to climate emergency, poverty
World leaders, heads of international organizations and activists are gathering in Paris for a two-day summit to seek better ways to tackle poverty and climate change issues by reshaping the global financial system
2023-06-22 12:24
LeBron James thanks well-wishers after son Bronny's cardiac arrest
LeBron James tweeted about his son Bronny James on Thursday for the first time since the 18-year-old suffered a cardiac arrest earlier this week, thanking well-wishers for sending his family "love and prayers."
2023-07-28 01:59
German police say teen injured in post-match brawl with French team has died
German police say a 15-year-old soccer player has died after suffering severe brain injuries during a post-match brawl with an opposing team at an international youth tournament in Germany over the weekend
2023-06-01 00:22
Afghans still hope to find survivors from quake that killed over 2,000 in western Herat province
Afghan rescuers and villagers are still digging through rubble in western Herat province, three days after one of the deadliest earthquakes in the region left more than 2,000 dead
2023-10-10 15:50
Left faces up-hill battle for minimum wage in Italy
Security guard Aurelio Bocchi takes home just under four euros an hour in northern Italy, a paltry sum on which, he says...
2023-08-03 22:55
ECB balance must shrink but not too much: Lane
FRANKFURT The European Central Bank's balance sheet needs to be much smaller but cannot shrink back to levels
2023-11-09 17:22
Amouranth shares horror of streaming world, 'warns' budding female creators of stalking issues: 'They get really crazy'
Amouranth shared her personal experiences to shed light on the dangers faced by women in the industry
2023-06-03 12:50
U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliency
The number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates
2023-11-22 21:51
FA condemns football fan who wore ‘Not Enough’ Hillsborough T-shirt at Wembley
The Football Association has condemned the actions of a fan at Wembley who wore a jersey referencing the Hillsborough disaster. The Metropolitan Police Events Twitter account retweeted a picture on Saturday of a man wearing a Manchester United shirt that had the number 97 on the back and the words “Not Enough”. Wembley was hosting the FA Cup final where Manchester City beat their rivals Manchester United. Police said a man was arrested on suspicion of a public order offence and taken into custody. On Sunday, the FA said in a statement: “The FA strongly condemns the actions of the individual who wore a shirt referencing the Hillsborough disaster ahead of the Emirates FA Cup final at Wembley Stadium. “We saw a photograph of the offensive shirt on social media and immediately started working to identify the perpetrator. “Our security team were able to quickly locate the individual based on the image, and we welcome the swift action which was then taken by the police. “We will not tolerate abuse relating to Hillsborough or any football tragedy at Wembley Stadium and we will continue to work with the authorities to ensure strong action is taken against perpetrators.” Sharing a tweet which featured a photo of the man wearing the jersey, the Met’s events Twitter account said on Saturday: “We are aware of this and have worked proactively with officials at @wembleystadium to identify the individual. “He has been arrested on suspicion of a public order offence and taken into custody.” Ninety-seven football fans died as a result of a crush at a match between Liverpool and Nottingham Forest at Hillsborough Stadium in Sheffield on April 15, 1989. They were unlawfully killed amid a number of police errors, an inquest jury ruled in 2016. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Josh Hazlewood set to be fit for Ashes despite missing Test Championship final You can tell everybody we have won the FA Cup – Man City players meet Elton John Celtic, Rangers, Aberdeen, Hearts and Hibs – Scotland’s five European qualifiers
2023-06-04 21:45
Australia fines Facebook owner Meta $14 million for undisclosed data collection
By Byron Kaye SYDNEY (Reuters) -An Australian court ordered Facebook owner Meta Platforms to pay fines totalling A$20 million ($14
2023-07-26 17:52
Biden says debt deal 'very close' even as two sides far apart on work requirements
Work requirements for federal food aid recipients have emerged as a final sticking point in negotiations over the looming debt crisis, even as President Joe Biden said Friday that a deal is “very close.” Biden’s optimism came as the deadline for a potentially catastrophic default was pushed back to June 5 and seemed likely to drag negotiations between the White House and Republicans over raising the debt ceiling into another frustrating week. Both sides have suggested one of the main holdups is a GOP effort to boost work requirements for recipients of food stamps and other federal aid programs, a longtime Republican goal Democrats have strenuously opposed. Even as they came closer to a framework on spending, each side seemed dug in on the work requirements. White House spokesman Andrew Bates called the GOP proposals “cruel and senseless” and said Biden and Democrats would stand against them. Louisiana Rep. Garret Graves, one of House Speaker Kevin McCarthy’s negotiators, was blunt when asked if Republicans might relent on the issue: "Hell no, not a chance,” he said. The later “ X-date,” laid out in a letter from Treasury Secretary Janet Yellen, set the risk of a devastating default four days beyond an earlier estimate. Still, Americans and the world uneasily watched the negotiating brinkmanship that could throw the U.S. economy into chaos and sap world confidence in the nation’s leadership. Yet Biden was upbeat as he left for the Memorial Day weekend at Camp David, declaring, “It’s very close, and I’m optimistic.” With Republicans at the Capitol talking with Biden’s team at the White House, the president said: “There’s a negotiation going on. I’m hopeful we’ll know by tonight whether we’re going to be able to have a deal.” But a deal had not come together when McCarthy left the Capitol Friday evening. In a blunt warning, Yellen said failure to act by the new date would “cause severe hardship to American families, harm our global leadership position and raise questions about our ability to defend our national security interests.” Anxious retirees and others were already making contingency plans for missed checks, with the next Social Security payments due next week. Biden and Republican McCarthy have seemed to be narrowing on a two-year budget-slashing deal that would also extend the debt limit into 2025 past the next presidential election. But talks over the proposed work requirements for recipients of Medicaid, food stamps and other aid programs seemed at a standstill Friday afternoon. Biden has said the Medicaid work requirements would be a nonstarter. But he initially seemed open to possible changes on food stamps, now known as the Supplemental Nutrition Assistance Program, or SNAP. The Republican proposal would save $11 billion over 10 years by raising the maximum age for existing standards that require able-bodied adults who do not live with dependents to work or attend training programs. While current law applies those standards to recipients under the age of 50, the House bill would raise the age to include adults 55 and under. The GOP proposal would also decrease the number of exemptions that states can grant to some recipients subject to those requirements. Biden's position on the SNAP work requirements appeared to have hardened by Friday, when spokesman Bates said House Republicans are threatening to trigger an unprecedented recession “unless they can take food out of the mouths of hungry Americans.” Any deal would need to be a political compromise, with support from both Democrats and Republicans to pass the divided Congress. Failure to lift the borrowing limit, now $31 trillion, to pay the nation’s incurred bills, would send shockwaves through the U.S. and global economy. But many of the hard-right Trump-aligned Republicans in Congress have long been skeptical of Treasury’s projections, and they are pressing McCarthy to hold out. As talks pushed into another late night, one of the negotiators, Rep. Patrick McHenry, R-N.C., called Biden’s comments “a hopeful sign.” But he also cautioned that there’s still “sticky points” impeding a final agreement. While the contours of the deal have been taking shape to cut spending for 2024 and impose a 1% cap on spending growth for 2025, the two sides remain stuck on various provisions. House Republicans had pushed the issue to the brink, displaying risky political bravado in leaving town for the Memorial Day holiday. Lawmakers are tentatively not expected back at work until Tuesday, but now their return is uncertain. Weeks of negotiations between Republicans and the White House have failed to produce a deal — in part because the Biden administration resisted negotiating with McCarthy over the debt limit, arguing that the country’s full faith and credit should not be used as leverage to extract other partisan priorities. “We have to spend less than we spent last year. That is the starting point,” said McCarthy. One idea is to set the topline budget numbers but then add a “snap-back” provision to enforce cuts if Congress is unable during its annual appropriations process to meet the new goals. Lawmakers are all but certain to claw back some $30 billion in unspent COVID-19 funds now that the pandemic emergency has officially been lifted. McCarthy has promised lawmakers he will abide by the rule to post any bill for 72 hours before voting. The Democratic-held Senate has vowed to move quickly to send the package to Biden’s desk. ___ Associated Press writers Mary Clare Jalonick, Stephen Groves, Farnoush Amiri, Seung Min Kim and Kevin Freking and videojournalist Rick Gentilo contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Lauren Boebert claims Biden plan to combat antisemitism will target ‘conservatives’ Defense secretary tells Navy graduates they are ready to serve Doctor's supporters, hospital at odds with Indiana penalty for talking about 10-year-old's abortion
2023-05-27 12:26
Starwood Weighs Sale Option for $230 Million American Dream Debt
Starwood Property Trust Inc. says a debt sale at a discount is a possible option for money tied
2023-08-08 05:28
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