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☆ Taiwan fears that stalled Ukraine aid foreshadows their future if China invades
▼ + stars: | 2024-02-25 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +1 min

Taiwanese officials expressed concern to a visiting US delegation about stalled aid to Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTaiwanese officials have expressed concerns about stalled US aid to Ukraine, fearing implications for US defense support in the event of a Chinese invasion. During a three-day visit to the self-governing island, Taiwanese officials repeatedly questioned a visiting US congressional delegation about US support for Ukraine, Politico reported. US and senior Taiwanese officials, including President Tsai Ing-wen and President-elect Lai Ching-te, attended the meetings.

Persons: Donald Trump, —, Tsai Ing, Lai Ching Organizations: Service, Ukraine, Politico, Business Locations: Ukraine, China, Taiwan

☆ The era of the Magnificent 7 is over, says the analyst who invented the term
▼ + stars: | 2024-02-24 | by ( Aruni Soni | ) www.businessinsider.com time to read: +5 min

It was a good run, but the era of the Magnificent Seven is over for the stock market. "I don't see these seven names rising together," said the analyst who coined the nickname for the group. AdvertisementThe Magnificent Seven are looking a little less magnificent, and aren't really even a band of seven anymore. In a note titled "R.I.P the Magnificent Seven Era," Mike O'Rourke, chief market strategist from Jones Trading, said the group's dominance over the stock market is coming to a close. Back in April 2023, when O'Rourke invented the moniker (although some say it was BofA's Michael Hartnett who coined the term), the Magnificent Seven contributed to a stunning 88% of year-to-date gains.

Persons: —, aren't, Mike O'Rourke, O'Rourke, BofA's Michael Hartnett, Michael Hartnett, That's, it's, " O'Rourke, Tesla, Dan Niles, Satori, Niles Organizations: Service, Jones, Apple, Nvidia, Tesla, Microsoft, Meta, Companies, Satori Fund, Google, CNBC Locations: China

The House Select Committee on the Chinese Communist Party sent a letter on Saturday to Elon Musk demanding that U.S. troops stationed in Taiwan get access to SpaceX's Starshield, a satellite communication network designed specifically for the military. The letter, obtained by CNBC and first reported by Forbes, claimed that by not making Starshield available to U.S. military forces in Taiwan, SpaceX could violate its Pentagon contract, which requires "global access" to Starshield technology. The letter requests that Musk provide the House committee with a briefing on its Taiwan operations by March 8. Taiwan has been governing itself independently of China since the island split from the mainland during the 1949 civil war. "I think I've got a pretty good understanding as an outsider of China," Musk said on the All-In Podcast.

Persons: Elon Musk, Tesla, Forbes, Mike Gallagher, Gallagher, Tsai Ing, Lai Ching, Musk, I've, Jaushieh Joseph Wu Organizations: Fratelli, Chinese Communist Party, Elon, CNBC, SpaceX, Pentagon, U.S ., Rep, CCP, Starshield, Russia, U.S, Tesla, Foreign Locations: Italy, Rome, Taiwan, China, American, Shanghai, Hawaii

☆ Fate of U.S. aid to Ukraine package discussed on Taiwan trip, lawmakers say
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: +2 min

The Republican Speaker of the U.S. House of Representatives, Mike Johnson, has so far blocked passage of the bill that includes $60 billion in new funding for Ukraine. Former Republican President Donald Trump opposes aid for Kyiv. "Every single meeting we had in Taiwan focused on Ukraine for at least part of the meeting. The lawmakers meetings in Taipei included President Tsai Ing-wen and president-elect Lai Ching-te, who won election last month and takes office in May. The committee's chair, Republican Congressman Mike Gallagher who is leading the delegation Krishnamoorthi is on, said what happened to Ukraine mattered to Taiwan.

Persons: Mike Gallagher, Han Kuo, Sam Yeh, Mike Johnson, Donald Trump, Krishnamoorthi, Putin, Xi, Vladimir Putin, Tsai Ing, Lai Ching Organizations: of, Kuomintang, KMT, Afp, Getty, U.S, Republican, U.S . House, Ukraine, Kyiv, Democratic Locations: Taipei, China, Taiwan, U.S, Ukraine

Taipei, Taiwan CNN —American support for Taiwan will continue no matter who wins the upcoming US election, House Rep. Mike Gallagher told an audience in the democratic island on Thursday, as tensions simmer between Taipei and Beijing. “I’m confident regardless of how the presidential election goes, we will maintain our support not only for Taiwan but also a posture of internationalism and engagement,” Gallagher told reporters in the capital Taipei. Gallagher said American efforts to support Ukraine’s defense against Russia’s invasion were also critical to deterring Beijing from using force against Taiwan. American lawmakers regularly visit Taiwan and have supported legislation to bolster US support for the island and its defensive capabilities. 07:53 - Source: CNNTroubled watersThe delegation’s visit comes during a period of heightened tensions between China and Taiwan, sparked by the drowning of two Chinese fishermen near Taiwan’s Kinmen Island last week.

Persons: Mike Gallagher, “, ” Gallagher, Gallagher, Donald Trump, Trump, Joe Biden, Raja Krishnamoorthi, Tsai Ing, Lai Ching, Tsai, ” Tsai, China, ”, ” “, …, ” Zhu Fenglian, Chen Chien Organizations: Taiwan CNN, Communist Party, Taiwan, NATO, Democratic, Washington, CNN, Taipei, Republican, Wisconsin, Chinese Foreign Ministry, Taiwan Affairs Locations: Taipei, Taiwan, Beijing, China, Ukraine, Europe, Raja, United States, Taiwanese, ”

☆ Dealmaking is showing signs of life, but it comes with some downsides
▼ + stars: | 2024-02-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at why M&A could be staging a comeback and which bankers made the most of 2023 . The big storyDealmaker's delighttatomm/iStock, Tyler Le/BIThree monster deals announced in less than a week has Wall Street wondering: Is M&A back? But after a dreadful 2022 and 2023, dealmaking is showing signs of life, Business Insider's Theron Mohamed writes. Capital One, Truist, and Walmart announced acquisitions totaling $53 billion this week, leaving bankers hopeful the good times (and fees) are back. Deals represent an exit opportunity for companies, giving their investors (some of whom are employees) a chance to cash out.

Persons: Tyler Le, Theron Mohamed, Biden, Alex Morrell, Reed Alexander, Alyssa Powell, Emily Stewart, Wall, it's, M, Getty, Jenny Chang, Rodriguez, Jensen Huang, Goldman Sachs, Carlos Delgado, Associated Press Rivian, Rivian, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Federal Reserve, Walmart, Activision Blizzard, ExxonMobil, Cisco, Acquisitions, Activision, Wall Street, Big Tech, Nvidia, ING, Microsoft, Associated Press, BI, Google, Walgreens, Sunshine State, CVS, Intuit, Nestle, Square Locations: Europe, Florida, VillageMD, New York, London

☆ An under-the-radar recession indicator in the bond market is sounding the alarm for a hard landing
▼ + stars: | 2024-02-21 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

An under-the-radar recession indicator in the bond market is raising alarm that the economy could be heading for a hard landing, according to ING Economics. Strategists at the analytics firm pointed to a tight correlation between US Treasury yields and Bund yields in Europe, with both yields slipping in recent weeks as markets reprice their interest rate expectations over the short-run. That was the case in the Silicon Valley Bank crisis in early 2023, when a sell-off fueled by the collapse of SVB led Treasury yields and Bund yields to tumble in tandem. "The correlation between UST and Bund yields is significantly elevated, which usually points to a hard-landing narrative," strategists said in a note on Wednesday. New York Fed economists, meanwhile, are pricing in a 61% chance the economy could tip into recession by January of next year.

Persons: SVB Organizations: ING Economics, Treasury, Business, European Central Bank, ING, Bank, UST, Bund, ECB, New York Fed Locations: Europe, Silicon

☆ US and allies disrupt Russian cyber espionage operation against US and Europe, FBI chief says
▼ + stars: | 2024-02-15 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —The FBI and its international allies disrupted a network of over 1,000 hacked internet routers that Russia’s military intelligence agency was using for cyber espionage operations against the United States and its European allies, FBI Director Christopher Wray said Thursday. The US has new intelligence on Russian military capabilities related to its efforts to deploy a nuclear anti-satellite system in space, CNN reported Wednesday. Wray’s announcement is the latest move by the FBI to use court orders to try to stifle complex hacking operations from Russian spy agencies. US intelligence agencies also use hacking operations to try to thwart Russia, China and other rival governments. But unlike the FBI’s court-authorized work, details of those US cyber operations rarely, if ever, are made public.

Persons: Christopher Wray, ” Wray, Wray, “ we’ve, Weeks, Russia’s Organizations: CNN, FBI, Munich Security Conference, Justice Department, Russian Embassy, US, “ Locations: United States, Russian, Washington , DC, Munich, Russia, China, Beijing, Ukraine, “ Russia

☆ Even some Republicans are nervous about how Mayorkas' impeachment could backfire
▼ + stars: | 2024-02-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Read previewHomeland Security Secretary Alejandro Mayorkas is only the second Cabinet secretary to be impeached in American history. The three Republicans who voted to oppose Mayorkas' impeachment have each warned about establishing a new precedent for the action some lawmakers place only below authorizing a war. Still, the vote to impeach Trump for inciting the Capitol riot was the most bipartisan presidential impeachment vote in history. As The New York Times pointed out during Trump's first impeachment, one out of every four presidents have had articles of impeachment written up against them. Gallagher announced his decision just days after bucking his party on the first vote to impeach Mayorkas.

Persons: —, Alejandro Mayorkas, Biden, Mike Gallagher of, Mayorkas, hasn't, Tom McClintock of, Donald Trump, Mike Johnson, Johnson, Nancy Pelosi, Donald Trump's, Gallagher, Trump, Trump's, there's, George W, Dennis J, Kucinich, Bush, Marjorie Taylor Greene, Machiavelli, Bryan Metzger, Adam Schiff, Jonathan Turley, Ken Buck, Ken Buck of Colorado Organizations: Service, Business, Republican, Homeland, House Homeland Security, Trump, Capitol, New York Times, Ohio Democrat, Republicans, Georgia Republican, California Democrat, George Washington University Law, Daily Locations: Mike Gallagher of Wisconsin, Tom McClintock of California, Ohio, Georgia, California, Ken Buck of

☆ Oil prices fall on sticky inflation, bigger-than-expected US crude stock build
▼ + stars: | 2024-02-14 | by ( ) www.cnbc.com time to read: +2 min

U.S. West Texas Intermediate crude futures fell 22 cents, or 0.3%, to $77.65 a barrel. U.S. crude oil inventories rose 8.52 million barrels in the week ended Feb. 9, according to market sources citing American Petroleum Institute figures released late on Tuesday. "The builds in crude oil were fairly bearish. The API data showed gasoline inventories fell 7.23 million barrels and distillate stocks fell by 4.02 million barrels, both much larger declines than analysts expected. Also weighing on the market, data on Tuesday showed U.S. consumer inflation stayed elevated last month.

Persons: derrick, Brent Organizations: U.S . Federal, . West Texas, American Petroleum Institute, Reuters, ING, U.S . Energy, Administration Locations: al, Syria's, Hasakah, Turkey, U.S

☆ Oil prices edge up on Middle East risk
▼ + stars: | 2024-02-13 | by ( ) www.cnbc.com time to read: +3 min

Oil prices rose slightly on Tuesday on fears Middle East tensions could disrupt supply, but uncertainty about the pace of potential U.S. interest rate cuts and the ensuing impact on fuel demand capped gains. Oil prices were near flat in Monday's trade, after gaining 6% last week. A move by the U.S. to tighten or step up enforcement of sanctions on Iran would impact oil market supplies. The Organization of the Petroleum Exporting Countries is also scheduled to release its monthly oil market report on Tuesday. OPEC and its allies including Russia, known as OPEC+, will decide in March whether to extend voluntary oil production cuts in place for the first quarter.

Persons: Houthis Organizations: Brent, . West Texas, New York Fed, Consumer, Reuters, of, Petroleum, OPEC, ING Locations: Huntington, Pier, Huntington Beach, Iran, Red, United States, Britain, Israel, U.S, Iraq, Russia, OPEC, Saudi Arabia

☆ Can Germany’s sputtering economy be revived in 2024?
▼ + stars: | 2024-02-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +11 min

Europe’s biggest economy shrank last year for the first time since the onset of the Covid-19 pandemic. And the outlook isn’t much brighter: the International Monetary Fund predicts that Germany will be the slowest-growing major economy in 2024, eking out an increase of just 0.5%. “Germany needs a fundamental economic transformation,” Marcel Fratzcher, president of the German Institute for Economic Research in Berlin, told CNN. Carsten Koall/Getty ImagesHomegrown troublesAlongside an external environment that has become more hostile to Germany’s outward-facing economy, the country’s internal political climate has worsened. Businesses such as these, which can find new markets and applications for their know-how, may hold the key to reviving Germany’s moribund economy.

Persons: What’s, ” Marcel Fratzcher, ”, Carsten Brzeski, Jens Schlueter, Constanze Stelzenmuller, Christian Lindner, Olaf Scholz, Robert Habeck, Carsten Koall, Michael Probst, Karl Haeusgen, ” Sebastian Shukla, Chris Stern Organizations: London CNN — Trains, Lufthansa, International Monetary Fund, European Union, European Commission, German Institute for Economic Research, CNN, ING, Brookings Institution, Volkswagen, Biden, Free Democratic Party, Social Democratic Party and, Green Party, Deutsche, LinkedIn, Investors, SAP, chipmaker Infineon, Intel, MAN Energy Solutions, Germany’s Machinery, Equipment Manufacturers Association Locations: Europe’s, Germany, Ukraine, Berlin, Europe, China, Zwickau, United States, Russia, “, Japan, masse, Frankfurt, ”, Hamburg, Jungheinrich, Augsburg, Munich, Esbjerg, Denmark

☆ Super Bowl 58 halftime performer Usher says his pre-show routine starts first thing in the morning
▼ + stars: | 2024-02-08 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Usher will dominate the airwaves for 15 minutes on Sunday night when he takes the stage for the Super Bowl 58 halftime show. singer says that on days he performs, his preparation routine starts first thing in the morning. It's a long process, but rather than being exhausted by the time he steps off of the stage, Usher says he feels energized. "But I'm doing something that I really, really enjoy doing." Earlier this year, the 45-year-old performer told Vogue that he gives himself affirmations in the mirror in the morning.

Persons: Usher, It's, Vogue, affirmations Organizations: Super, GQ

☆ Investors are hoping the power of Xi's personal attention will rescue China's floundering markets
▼ + stars: | 2024-02-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Markets have rallied on the news as it's stoking hopes that China will roll out a forceful rescue plan. China and Hong Kong's stock markets have lost nearly $7 trillion from their peaks in 2021. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The plan is to brief the country's top leaders about the state of the markets, Bloomberg reported, citing unnamed people with knowledge of the matter. But some analysts see these moves as less powerful than Xi's personal participation in stabilizing the markets — even though it's unclear if any new support measures will result from the meeting, Bloomberg reported.

Persons: Xi Jinping, it's stoking, —, Hang Seng, Xi, Li Weiqing, Li Organizations: Bloomberg, Markets, Service, China Securities Regulatory Commission, Hang, CSI, ING, Investment Management, Business Locations: China, Hong, Hong Kong, Beijing, Singapore

☆ Apple's Vision Pro is meant to be used when you're alone. You look weird if you wear it in public — at least for now.
▼ + stars: | 2024-02-05 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Apple thinks you're going to use the Apple Vision Pro by yourself. AdvertisementLast week, Apple debuted its Vision Pro headsets, which meant lots of people took the opportunity to show the world what it looked like to wear Apple Vision Pro. (Heads up: If you call it "The Apple Vision Pro," Apple won't like it .) But a video of yourself wearing an Apple Vision Pro in your house isn't enough to stand out in the Attention Economy. If you really want to get some eyeballs, you need to show yourself wearing the Vision Pro outside.

Persons: Apple, — Organizations: Apple, Service, Apple Vision

☆ China has vowed to save its crashing stock market, but investors are just not convinced
▼ + stars: | 2024-02-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Read previewChina's stock market watchdog upped its game over the weekend after its brutal week of selloff, vowing to prevent "abnormal market fluctuations" — but stock market investors don't seem quite convinced. These continued gyrations in China and Hong Kong's stock markets have widened losses that are now totaling $7 trillion following an extended market meltdown since their peaks in 2021, as foreign investors beeline for the exit. Still, Beijing's frequent pronouncements on market stabilization may not be a bad thing. Advertisement"The frequency of these statements may indicate market stabilization is becoming more important for policymakers," wrote analysts at Dutch bank ING wrote on Monday. "Formalization of a potential market stabilization fund could provide a short-term boost for markets but investor sentiment remains downbeat for now, awaiting improvement in fundamentals," the ING analysts added.

Persons: —, selloff, Vishnu Varathan, Nomura Organizations: Service, China Securities Regulatory Commission, Business, Asia Asia, Mizuho Bank, Nomura, ING, Bloomberg Locations: China, Asia, Japan, Shanghai, Hong, Beijing

Tel Aviv CNN —A video obtained by CNN shows two young ultra-Orthodox men spitting at, swearing at and insulting a Christian priest near the Zion Gate in Jerusalem’s Old City on Saturday evening. She described two young men crossing their path as they walked through the Old City. The priest and journalist continued to walk through the Old City, and were again approached by the same two men as they walked through the Armenian Quarter. “Last night, the police received a report regarding youths who traversed the Zion Gate area in the Old City of Jerusalem. Christians in the Old City are regularly the target of spitting and verbal abuse by Orthodox Jews.

Persons: Natalie Amiri, Father Nikodemus Schnabel, Instagram, Schnabel, Amiri, Father Schnabel, ”, profanities, ” “, Jerusalem, “, Israel’s, Israel Katz Organizations: Tel, Tel Aviv CNN, CNN, German TV, ARD, Israeli Police Locations: Tel Aviv, Zion, Jerusalem’s Old City, Old City, Jerusalem, Israeli, English

But borrowing money always comes with some risks, and home renovation loans can be particularly risky when used to purchase a fixer upper. Renovation loan eligibilityTo get a loan for a house renovation, you'll need to meet certain credit requirements. Cash-out refinances or renovation loans rolled into mortgages are typically the best renovation loan programs because they come with the lowest rates. Home renovation loans FAQsAre renovation loans a good idea? Renovation loans, or home improvement loans, can be a good idea for homeowners looking to make both essential and cosmetic changes to their homes.

Persons: —, It's, Fannie Mae's, Freddie Mac's, you'll, Douglas Boneparth Organizations: Service, Federal Housing Administration, Bone, reno, Chevron

☆ Taiwan elects parliament speaker ruling party views as pro-China
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: +1 min

Elected Legislators attend a swearing-in ceremony at the chamber of the Legislative Yuan on the first day of session in Taipei on Feb. 1, 2024. Taiwan's parliament on Thursday elected a former presidential candidate for the largest opposition party as its new speaker, who will be responsible for hosting visiting foreign lawmakers and who the ruling party has said is pro-China. The Democratic Progressive Party's, or DPP, Lai Ching-te last month won the presidential election but the party lost its majority in parliament. China, which claims Taiwan as its own despite the objections of the government in Taipei, views the DPP as separatists. Han Kuo-yu, from the largest opposition party the Kuomintang, or KMT, and who badly lost the presidential election to the DPP's Tsai Ing-wen in 2020, won the election for the speakership.

Persons: Yuan, Lai Ching, Han Kuo, Tsai Ing, Nancy Pelosi Organizations: Democratic Progressive, Kuomintang, KMT, . Locations: Taipei, Taiwan's, China, Taiwan

☆ We're expecting a 25 basis point rate cut at each Fed meeting from May, ING says
▼ + stars: | 2024-02-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're expecting a 25 basis point rate cut at each Fed meeting from May, ING saysJames Knightley of ING says "the inflation backdrop is looking much more favorable."

Persons: James Knightley Organizations: ING

☆ Eurozone Inflation Dips at Start of Year
▼ + stars: | 2024-02-01 | by ( Melissa Eddy | More About Melissa Eddy | ) www.nytimes.com time to read: +1 min

Why It Matters: The timing of interest rate cuts depends on dataInvestors are watching for signs that the European Central Bank will lower interest rates, which policymakers last week held at a record high of 4 percent. The numbers released on Thursday could raise expectations that rates may come down sooner rather than later. Core inflation, the rate of inflation that excludes the volatile prices of food and energy, continued its downward trend, cooling to 3.3 percent in January from 3.4 percent in December. That figure is crucial to the E.C.B., as it reflects underlying trends in prices across the eurozone. will remain cautious, he said, “and will not contemplate any rate cut before June.”

Persons: Christine Lagarde, “, Peter Vanden Houte, ” Organizations: European Central Bank, ING Locations: midyear, Germany, Europe’s

☆ Elmo asked people online how they were doing. He got an earful
▼ + stars: | 2024-01-31 | by ( Aj Willingham | ) edition.cnn.com time to read: +7 min

But he comes from “Sesame Street,” which is no place for lies. “How is everybody doing?”Thousands of replies and a few interventions from his “Sesame Street” pals later, and it was pretty clear: The people are not doing well, Elmo! Many young Americans are struggling with anxiety and depression as the country faces a well-documented mental health crisis. Elmo’s query also led to some heartwarming conversations about emotional health and the importance of checking in with friends. Elmo is glad he asked,” Elmo posted less than two days later, employing the most rhetorically loaded “wow” imaginable.

Persons: “, Elmo, ”, It’s, “ Elmo, ” “ Elmo I’m, ” “ Elmo I’ve, “ Elmo I’m, ” Elmo, Katherine Tarleton, gravitate, ” Tarleton, Tarleton, it’s Organizations: CNN, Twitter, Government, Mental Health America, International Association for Suicide Prevention, Befrienders Locations: Ukraine, Gaza, Big, South Carolina, United States, United Kingdom

☆ Euro zone economy narrowly skirts recession, stagnates in fourth quarter
▼ + stars: | 2024-01-30 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

The euro zone economy stabilized in the fourth quarter of 2023, flash figures published by the European Union's statistics agency showed on Tuesday. The euro zone's seasonally-adjusted GDP was flat compared with the previous quarter and expanded by 0.1% versus the previous year. The French economy was steady in the fourth quarter, while Spain outperformed forecasts to expand by 0.6%. The U.S. economy smashed expectations for the end of the year, expanding by 3.3% in the fourth quarter. The latest euro zone inflation flash figures are due Thursday.

Persons: industrials, Bert Colijn Organizations: ING, U.S, European Central Bank Locations: Frankfurt, Germany, Spain, U.S

☆ China surrounding Taiwan would be enough to drag the US into military conflict, said the majority of 52 US experts
▼ + stars: | 2024-01-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The US military is likely to intervene if China enacts a quarantine or blockade in China, experts say. Almost all of the surveyed experts — 96% — said the US would join the fight if China were to fully invade Taiwan. Experts aren't confident that US allies will get involvedHowever, the experts weren't as confident that US allies would jump into the conflict. Meanwhile, 60% of the experts were confident that US allies would assist militarily if China were to invade the island. CSIS also surveyed 35 experts and scholars from Taiwan, who were less optimistic about US intervention.

Persons: —, Joe Biden, Xi Jinping, William Lai Ching, Tsai Ing, Beijing's, Xi Organizations: CSIS, Pentagon, Service, Center, Strategic & International Studies, People's Liberation Army, APEC, Democratic Progressive Locations: China, Taiwan, Beijing, Washington, Taipei, San Francisco

☆ What Texas is (and is not) doing to defy a Supreme Court border setback
▼ + stars: | 2024-01-27 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +13 min

I went to CNN’s Supreme Court analyst Stephen Vladeck, a law professor at the University of Texas at Austin, with those questions. Abbott is not ignoring the Supreme CourtWOLF: How does Abbott justify essentially ignoring the Supreme Court? VLADECK: It’s really important to stress that two different things are true: First, Abbott is not “essentially ignoring” the Supreme Court. Is the Supreme Court likely to agree with him? WOLF: I am reminded of last year when Alabama legislators initially did not comply with a Supreme Court decision requiring a second majority-Black congressional district.

Persons: Greg Abbott, Biden, ” Abbott, Abbott, Stephen Vladeck, WOLF, can’t, –, “, ”, Robert Jackson, Milligan, Brett, Kavanaugh, Monday’s, we’ve, Trump’s, Trump Organizations: CNN — Texas Gov, US, Patrol, Supreme, Circuit, Fox News, University of Texas, Republican, Government, Democratic, . Locations: Texas, Mexico, Austin, Eagle, “, ”, Alabama, Allen, Arizona, . United States

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