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☆ Further U.S. involvement in Ukraine is not vital national interest, says DeSantis
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +2 min

March 13 (Reuters) - Becoming "further entangled in a territorial dispute between Ukraine and Russia" is not a vital U.S. national interest, said Florida Governor Ron DeSantis, who is eying running for president, in comments released on Monday. Public opinion polls show DeSantis as the strongest threat to former President Donald Trump for their party's nomination for the 2024 presidential contest. "While the U.S. has many vital national interests ... becoming further entangled in a territorial dispute between Ukraine and Russia is not one of them," DeSantis said in his reply. Trump, when asked whether the United States should support regime change in Russia, wrote: “No. We should support regime change in the United States, that's far more important.

2 role vacant just as the central bank approaches a decision about when to stop raising interest rates. Brainard's arguments may not have been relevant to the decisions the Fed faces in the next few weeks. Heidi Shierholz, president of the labor-affiliated Economic Policy Institute, said it was "unbelievably important" that Biden find someone to fill Brainard's role. Administration officials gave no immediate sense of how soon Biden may name a new Fed vice chair, though outside analysts and commentators were already putting names in circulation from what's considered a deep bench of economists affiliated with Biden's Democratic party. The vice chair plays a particularly important role, typically reserved for somebody with a PhD in economics who can speak with technical authority about Fed policy and decisions.

☆ Biden and Lula project unity on democratic values and climate change
▼ + stars: | 2023-02-10 | by ( Andrea Shalal | ) www.reuters.com time to read: +5 min

Brazil "self-marginalized itself for four years" under the former president, Lula said at the White House, without mentioning Bolsonaro by name. His world, Lula said, had "started and ended with fake news in the morning, afternoon, at night," prompting Biden to laugh and interject, "sounds familiar." Lula said the two leaders could also work together to combat inequality and climate change. Lula's visit to the White House followed a meeting with Senator Bernie Sanders and other lawmakers from Biden's Democratic Party. At the White House, Lula said the Amazon rainforest had been "invaded" under the previous administration, adding that he was committed to reaching zero deforestation by 2030.

[1/2] Ukraine's President Volodymyr Zelenskiy greets U.S. Vice President Kamala Harris during a joint meeting of U.S. Congress in the House Chamber of the U.S. Capitol in Washington, U.S., December 21, 2022. REUTERS/Jonathan ErnstWASHINGTON, Feb 6 (Reuters) - U.S. Vice President Kamala Harris is expected to discuss Washington's future support for Ukraine when she travels to a major European security conference in Germany next week, as Russia's invasion nears the one-year mark. Harris will travel to Munich, Germany, from Feb. 16 to 18 to attend the Munich Security Conference as Ukraine, still waiting on promised longer-range Western missiles and battle tanks, readies itself for a new Russian offensive that could begin next week. Support for Ukraine has included $29.3 billion worth of pledged security assistance and an unprecedented use of economic sanctions, including an oil price cap, which have severely impacted Moscow. Harris met with and briefed Ukrainian President Volodymyr Zelenskiy at last year's conference, which was held just days before Russia's Feb. 24, 2022, invasion of Ukraine.

☆ Trump-backed Walker challenges U.S. Senator Warnock in Georgia runoff
▼ + stars: | 2022-12-06 | by ( Nathan Layne | ) www.reuters.com time to read: +6 min

[1/6] Local residents wait in line to cast their ballot during the runoff U.S. Senate election between Democratic Senator Raphael Warnock and his Republican challenger Herschel Walker in Atlanta, Georgia, U.S., December 6, 2022. The truth is my opponent could still win this election," Warnock told a crowd in Norcross, Georgia, on Tuesday. At a diner in Marietta, Walker deflected questions about his character, which Warnock has made a centerpiece of his campaign. "Right now I put my character up against Raphael Warnock any day," Walker said on Tuesday. This is the third Senate runoff in two years in the divided state - and the second for Warnock, who first won the seat in a runoff in January 2021.

☆ Warnock-Walker runoff in Georgia key to Democrats in U.S. Senate, 2024
▼ + stars: | 2022-12-06 | by ( Nathan Layne | ) www.reuters.com time to read: +6 min

[1/6] Local residents wait in line to cast their ballot during the runoff U.S. Senate election between Democratic Senator Raphael Warnock and his Republican challenger Herschel Walker in Atlanta, Georgia, U.S., December 6, 2022. On a wider scale, a Warnock victory could solidify Georgia as more of a battleground for Democrats in presidential elections. Turnout was steady, with wait times averaging one minute across the state, said Gabe Sterling, a state election official. The truth is my opponent could still win this election," Warnock told a crowd in Norcross, Georgia, on Tuesday. This is the third Senate runoff in two years in the divided state - and the second for Warnock, who first won the seat in a runoff in January 2021.

☆ Georgia Senate runoff pits Democrat Warnock against Trump-backed Walker
▼ + stars: | 2022-12-06 | by ( Nathan Layne | ) www.reuters.com time to read: +5 min

[1/6] Local residents wait in line to cast their ballot during the runoff U.S. Senate election between Democratic Senator Raphael Warnock and his Republican challenger Herschel Walker in Atlanta, Georgia, U.S., December 6, 2022. "We had historic turnout during the early vote voting period. The truth is my opponent could still win this election," Warnock told a crowd in Norcross, Georgia on Tuesday. Guri Ben-Hashal, 60, who works in real estate, said his vote for Warnock was actually a vote against Walker. This is the third Senate runoff in two years in the closely divided state - and the second for Warnock, who first won the seat in a runoff in January 2021.

☆ Analysis: Political gridlock may help U.S. stocks but inflation still in driver's seat
▼ + stars: | 2022-11-17 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

A split government "makes major policy changes unlikely, and that stability in policy tends to be reassuring for investors." Still, macroeconomic concerns and monetary policy have driven markets all year, and investors believe that trend is unlikely to change anytime soon. "Inflation matters more than anything else right now," said Michael Antonelli, managing director and market strategist at Baird. In the last five instances when the November-December period occurred in a bear market, the S&P 500 logged an average two-month decline of 2.2%. If you look at bear markets there is no evidence of seasonality at the end of the year," Antonelli said.

☆ Republicans win U.S. House majority, setting stage for divided government
▼ + stars: | 2022-11-16 | by ( Richard Cowan | ) www.reuters.com time to read: +6 min

[1/3] House Republican Leader Kevin McCarthy (R-CA) speaks to reporters after McCarthy was nominated by fellow Republicans to be their leader or the Speaker of the House if they take control in the next Congress, following House Republican leadership elections at the U.S. Capitol in Washington, U.S., November 15, 2022. REUTERS/Michael A. McCoyWASHINGTON, Nov 16 (Reuters) - Republicans were projected to win a majority in the U.S. House of Representatives on Wednesday, setting the stage for two years of divided government as President Joe Biden's Democratic Party held control of the Senate. Even though the expected "red wave" of House Republicans never reached shore, conservatives are sticking to their agenda. The 2024 election will immediately influence many of the legislative decisions House Republicans pursue as they flex their muscles with a new-found majority, however narrow. House Republican Leader McCarthy on Tuesday won the support of a majority of his caucus to run for the powerful position to succeed Nancy Pelosi.

☆ Top U.S. homeland official faces lawmakers after border chief resigns
▼ + stars: | 2022-11-14 | by ( Ted Hesson | ) www.reuters.com time to read: +2 min

Homeland Security Secretary Alejandro Mayorkas will testify before lawmakers on Tuesday, three days after the country's top border official, Chris Magnus, resigned under what he said was pressure from Mayorkas. Magnus, who held the role of U.S. Customs and Border Protection commissioner since December 2021, resigned in a letter on Saturday to President Joe Biden. A day earlier, Magnus said he had been pressured by Mayorkas to step down or be fired. It was the most significant staffing shakeup in Biden's Democratic administration to follow last week's U.S. midterm election vote and signals that record border crossings remain a concern under Biden, a Democrat. FBI Director Christopher Wray and National Counterterrorism Center Director Christine Abizaid will also testify in the U.S. House Homeland Security Committee hearing, which focuses on security threats.

Results of Tuesday's election remain uncertain, with President Joe Biden's Democratic Party performing better than expected and potentially in position to retain control of the Senate. "This will be de facto gridlock regardless of the outcome," said Brian Gardner, Washington-based strategist for Stifel. But it can also gum up the wheels of basic governance and pose its own set of risks. But it also may have helped trigger the current round of inflation, and has pushed U.S. public debt to record levels. That may mean a more reluctant fiscal response to any coming downturn.

☆ Biden says he wants to work with Republicans, but won't compromise on abortion, Social Security and climate change
▼ + stars: | 2022-11-09 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

As Biden spoke at a news conference Wednesday afternoon, it was not clear which party would ultimately hold a majority in either chamber of Congress. There's too much of that going on, and there's too much we have to do," Biden said at the White House. President Joe Biden said Wednesday he is eager to work with congressional Republicans after the midterm elections , but stressed he would not compromise on issues like abortion rights and Social Security. He said that after he returns from the G-20 summit in Indonesia, he will invite the leaders from both parties to the White House to outline economic and national security priorities for 2023. "And I'm not going to walk away from the historic commitments we just made to take on the climate crisis.

☆ Analysis: As Netanyahu returns, concerns grow over far-right ally
▼ + stars: | 2022-11-03 | by ( James Mackenzie | ) www.reuters.com time to read: +6 min

[1/5] Likud party leader Benjamin Netanyahu, accompanied by wife Sara Netanyahu, addresses his supporters at his party headquarters during Israel's general election in Jerusalem, November 2, 2022. "This party is a huge success, no religious party in Israel has ever achieved such a number," he said. With the conflict with the Palestinians surging anew and touching off Jewish-Arab tensions within Israel, Ben-Gvir on Thursday tweeted: "The time has come to impose order here. Contrary to his hawkish image, Netanyahu has often taken a more flexible and pragmatic approach than some of his predecessors. "Netanyahu now has a personal interest in limiting the power of law authorities and the Supreme Court because of his trial," Shapira said.

☆ Fewer Venezuelans caught at U.S.-Mexico border after Biden expulsions
▼ + stars: | 2022-10-20 | by ( Ted Hesson | ) www.reuters.com time to read: +2 min

U.S. Customs and Border Protection Commissioner Chris Magnus told Bloomberg News on Thursday that U.S. border agents had encountered just 155 Venezuelans on Wednesday, down from a daily average of 1,200 earlier this month. More than 4,500 Venezuelans have been returned to Mexico since the new U.S. expulsion policy began on Oct. 12, the Mexican government said, straining shelters there. The new effort comes as Republicans have criticized Biden's handling of the border and seek to gain control of the U.S. Congress in Nov. 8 midterm elections. At a shelter in the U.S. border city of Deming, New Mexico, Venezuelans went from being the most common nationality to absent, according to Ariana Saludares, executive director of Colores United, which runs the center. A spokesperson for Texas Governor Greg Abbott said the busing could continue until Biden "does his job."

☆ Saudi Arabia pushed other OPEC nations into oil cut, White House claims
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +2 min

Flames are seen at the production facility of Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018. REUTERS/Ahmed Jadallah/File PhotoWASHINGTON, Oct 14 (Reuters) - Saudi Arabia pushed other OPEC+ nations into an output cut last week, the White House claimed on Thursday, part of an escalating war of words between the two countries. "More than one" OPEC member disagreed with Saudi Arabia's push to cut production and felt coerced into the vote, National Security Council spokesman John Kirby told reporters. Of those cuts, experts expect an actual production cut of about half that level. The production cut is the latest sign of deteriorating U.S.-Saudi relations since Biden took office.

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