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☆ Protesters interrupt Biden, Obama, Clinton at $25 million New York fundraiser
▼ + stars: | 2024-03-29 | by ( ) www.cnbc.com time to read: +2 min

President Joe Biden and his Democratic predecessor, Barack Obama, headlined a star-studded fundraiser with former President Bill Clinton on Thursday, offering a robust defense of the White House's handling of the Gaza crisis as protesters interrupted the event. Organizers say the event raised more than $25 million for Biden's U.S. reelection campaign. "Shame on you, Joe Biden!" Obama and Clinton offered a presidential perspective of the Gaza crisis that stressed the political realities of being in the White House. When a protestor inside the theater interrupted Obama, the former president snapped back: "You can't just talk and not listen...That's what the other side does."

Persons: Joe Biden, Barack Obama, Bill Clinton, Biden, Clinton, Stephen Colbert, Obama, Israel, doesn't Organizations: Radio City Music Hall, U.S, Hamas, Democratic, Obama, Air Force, Biden's U.S Locations: Gaza, Manhattan, Israel, Palestinian, New York City, U.S, New York

☆ Column: US offshore wind goals need policy help to reach potential
▼ + stars: | 2023-08-31 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

LITTLETON, Colorado, Aug 31 (Reuters) - The weak showing at the first auction for offshore wind development rights in the Gulf of Mexico highlights the critical role that policymaking must play in making ambitious long-term climate goals compatible with current commercial realities. SMALL SCALE IMPACTOne of the biggest faults of the Gulf of Mexico wind leases is the absence of a viable pathway for wind power generators to profitably sell their power to electricity providers given current market conditions. In contrast to several utilities in the Northeast, which have state-level mandates to purchase certain volumes of power from offshore wind generators, the power systems covering Texas and Louisiana do not allow for similar power purchase agreements to be drawn up. Currently, there is a policy planning chasm between the Gulf Coast's power market systems and the long-term strategies of that region's largest employers and tax payers. But if legislators and corporate planners can recognise they may both gain from the emergence of a vibrant offshore wind energy sector that could cut power sector emissions and generate green hydrogen in abundance, there may be scope for closer collaboration and planning.

Persons: Joe Biden's, Gavin Maguire, Miral Organizations: Reuters, Thomson Locations: LITTLETON , Colorado, Gulf, Mexico, United States, Joe Biden's U.S, Texas, Louisiana

☆ Top U.S., Chinese and Russian officials tour Africa as global charm offensive gathers pace
▼ + stars: | 2023-01-31 | by ( Elliot Smith | ) www.cnbc.com time to read: +12 min

Janet Yellen, US Treasury secretary, during a news conference with Enoch Godongwana, South Africa's finance minister, at the National Treasury in Pretoria, South Africa, on Thursday, Jan. 26, 2023. Yellen met with South African officials including President Cyril Ramaphosa last week, just days after the country's Foreign Minister Naledi Pandor stood alongside Lavrov and vowed to strengthen bilateral relations between Pretoria and Moscow. South Africa was one of 17 African nations to abstain from the U.N. vote in March to condemn Russia's war of aggression. As such, many African nations desire a strong relationship with both the U.S. and China, and U.S. diplomacy will be more effective when not framed as an "us-or-them" proposition. What's more, the BRI projects were "largely uncoordinated and unplanned," he said, with competing Chinese lenders offering credit to African nations, challenging the notion of a coherent centralized "debt trap" policy from Beijing.

☆ U.S. officials privately huddle with allies, business leaders about Ukraine at Davos
▼ + stars: | 2023-01-17 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

The closed-door meetings at the annual gathering of the wealthiest investors and most powerful world leaders in Davos, Switzerland come as attendees await Ukrainian President Volodymyr Zelenskyy. Sen. Chris Coons, D-Del., who is one of President Joe Biden's closest allies in the Senate, told CNBC that he's talked with officials at Davos about the need to keep helping Ukraine. The U.S. has already sent some $50 billion in military, financial and humanitarian aid to Ukraine; Congress approved another $44.9 billion in additional funding on Dec. 23. And it's not just Coons or members of Congress from the U.S. delegation that's privately addressing Russia invading Ukraine. The conversation made him think Ukrainian leaders hope to pick up more financial aid while they're at Davos, he said.

☆ Explainer: What's the latest on Biden's U.S. student loan forgiveness?
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +4 min

On Nov. 22, Biden said he would extend the COVID-19 pandemic-era pause in student loan payments until no later than June 30, 2023. WHO IS ELIGIBLE FOR LOAN FORGIVENESS? About 26 million Americans have applied for student loan forgiveness since August, and the U.S. Department of Education has already approved requests from 16 million. U.S. borrowers hold about $1.77 trillion in student debt, according to the latest Federal Reserve figures. Biden's student loan forgiveness plan could add $300 billion to $600 billion to the federal debt, economists estimate.

☆ Biden appeals to young voters in U.S. West as midterms near
▼ + stars: | 2022-11-03 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +4 min

[1/2] U.S. President Joe Biden delivers remarks on "student debt relief" during a campaign stop at Central New Mexico Community College (CNM) Student Resource Center in Albuquerque, New Mexico, U.S., November 3, 2022. Biden and other Democratic speakers made no mention of high consumer prices that analysts say are overshadowing abortion and other social issues in the election. Biden heads to California on Thursday evening and Illinois on Friday before traveling to Pennsylvania on Saturday for a rally with former President Barack Obama. He plans to contrast his economic plan with a Republican push to roll back loan forgiveness, the White House said. Opposition parties historically fare better in midterm elections, providing a balance for new presidents in the second half of their terms.

The Rhode Island Supreme Court relied on the now-reversed Roe precedent in finding that the 14th Amendment did not extend rights to fetuses. The Roe ruling had recognized that the right to personal privacy under the U.S. Constitution protected a woman's ability to terminate her pregnancy. The old Rhode Island laws included a criminal statute, predating the Roe ruling, that had prohibited abortions. After the Roe ruling, a federal court declared that Rhode Island law unconstitutional, and it was not in effect when the Democratic-led legislature enacted the 2019 Reproductive Privacy Act. More than a dozen states have enforced near-total abortion bans since the Supreme Court's abortion June ruling in a case called Dobbs v. Jackson Women's Health Organization.

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