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Lawmakers are ordinarily shielded by a legislative privilege from inquiries into their motives for sponsoring or voting for legislation. In September, Judge Susan R. Bolton, of the Federal District Court in Arizona, ruled that a different analysis applied when lawmakers voluntarily injected themselves into a litigation. “The speaker and president each waived their privilege by intervening to ‘fully defend’ the voting laws and putting their motives at issue,” Judge Bolton wrote, adding that the two legislators could be compelled to testify about their activities. At first, the U.S. Court of Appeals for the Ninth Circuit blocked Judge Bolton’s ruling but later lifted its stay, allowing depositions of the men to proceed. The lawmakers then asked the Supreme Court to intervene.
Persons: Susan R, ” Judge Bolton, Bolton’s, Organizations: Bolton, Federal, Court, U.S ., Appeals, Circuit Locations: Arizona
You don't get the best first-half Nasdaq rally in 40 years simply because the Federal Reserve did this, or the yield curve in the bond market did that. It was almost as if it was prosaic to seek profits, like, "How dare you defy the teachings of the yield curve, you foolish soon-to-be- broke apostate." It was the second move, the second week of March, that told the second tale of the first half: the fall of Silicon Valley Bank. Here we had an out-of-nowhere collapse of a well-known seemingly well-run bank that ran afoul, again, of the yield curve. No company could rival Club stocks Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Microsoft and Meta Platforms (META) — nice metamorphous there and Tesla , not a Club name.
Persons: William Jennings Bryan, Gandhi, Bud, Altman, Sam Altman, Jensen Huang, Jensen, mutt, Cezanne, Monet, Shakespeare's Henry IV, Carl Quintanilla, David Faber, da, Lisa's, Wendy's, Scylla, Charybdis, ChatGPT, haut, Morgan Stanley's Mike Wilson, aren't, They've, isn't, Goldman Sachs, Tesla, Didn't, Freddie, Lehman, Jerome Powell, We've, it's, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Mad Organizations: Nasdaq, Federal Reserve, Intel, The New York Times, Veterans, Club, Microsoft, Nvidia, Globe Theatre, Silicon Valley Bank, Fed, Apple, Meta, RCA, US Steel, Washington Mutual, AIG, IBM, Jim Cramer's Charitable, CNBC, NYSE Locations: America, Philadelphia, OpenAI, Oz, Queens, mull, Ithaca, Weimar, Silicon, Republic, Valley, Delray , Florida, Alleghany, China
Joined-up G7 is best China deterrent
  + stars: | 2023-05-08 | by ( Hugo Dixon | ) www.reuters.com   time to read: +7 min
The best chance of steering between these twin evils is for the G7 to agree on a strong deterrence strategy. This would make it harder for China to hold G7 countries to ransom if they came to Taiwan’s aid. The United States is also leaning on its allies to stop China from acquiring militarily useful technology such as advanced semiconductors. CONTINGENCY PLANSThe other plank of a G7 deterrence strategy is contingency planning for what the allies would do if China invaded Taiwan. This would ideally involve building consensus about how the United States would respond to escalating tensions.
Since then, various plans, including a short-lived idea for a tunnel, have come and gone – like water under the bridge. If built, the bridge across the Straits of Messina would span two miles (3.2 kilometers) and would be the longest suspension bridge in the world. When Salvini became transport minister, he made it his priority, betting his legacy on the bridge. “The bridge over the Strait of Messina is a project that can break ground immediately. The recent arrest of Cosa Nostra boss Matteo Messina Denaro after 30 years on the lam in Sicily represented a victory.
Back when bulls were everywhere From the time the great bull market began in 1982 until the financial collapse of 2007, we pretty much assumed stocks would always go higher. We often forget what the Great Recession of 2007 to 2009 was all about. A runaway bull market in all but banks — which are actually fueling the rally with their own ineptitude. My closing take, though, is that we have at last shaken off the ghosts of the Great Recession. But accept we are in a bull market and recognize that those who don't know it yet never will.
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