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☆ Biden authorizes Ukraine to use powerful ATACMS to strike inside Russia
▼ + stars: | 2024-11-17 | by ( Katie Balevic | Jake Epstein | ) www.businessinsider.com time to read: +2 min

AdvertisementPresident Joe Biden will allow Ukraine to strike Russia with US-provided long-range missiles. The US previously restricted Ukraine from striking Russia with the powerful ATACMS. President Joe Biden has authorized the use of powerful, US-provided long-range missiles for Ukraine to strike inside Russia, according to multiple reports. Biden's decision will allow Ukraine to train its sights on some 245 Russian targets using ATACMS. Beyond the US-provided missiles, Kyiv also fields long-range cruise missiles that the UK and France provided.

Persons: Joe Biden, Donald Trump's, Volodymyr Zelenskyy, Biden, Zelenskyy Organizations: Army Tactical Missile Systems, New York Times, Kyiv's, ATACMS, Military, The Defense Department, White House National Security Locations: Ukraine, Russia, North Korea, Russia's Kursk, Sunday, Kursk, Kyiv, Russian, United States, France

☆ 4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help
▼ + stars: | 2024-11-17 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

AdvertisementHigh housing costs, driven in large part by a shortage of homes, are keeping inflation sticky. Economists say Trump's proposals are a mixed bag; some could help housing costs and some could hurt. Ultimately, housing policy experts and industry leaders say housing costs will largely depend on how much new supply can be delivered to the market, which is suffering from a severe shortage of homes. Federal housing assistanceDuring his first term, Trump repeatedly proposed major cuts to housing assistance for households with low incomes or members with disabilities. This would make it harder for lower-income Americans to afford homes and slow down affordable housing construction.

Persons: Trump, Donald Trump, Karoline Leavitt, Vance, Jim Tobin, Tobin, Maurice Page, JD Vance, they're, Anirban Basu, Biden, Ben Metcalf, Metcalf Organizations: Federal Reserve, Trump, National Association of Home Builders, Biden, Administration, Nevada Housing Coalition, Business, Energy, Associated Builders and Contractors, Economic, of New, Reserve, UC Berkeley, Immigrants, Republican Locations: Nevada , Arizona, Utah, of New York, China

☆ Biden’s green light for Ukraine to use ATACMS in Russia just raised the stakes in a war Trump will inherit
▼ + stars: | 2024-11-17 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +3 min

Kyiv loudly decries the refusal, and just when the request seems to have been parked, the Biden administration approves it. Is it too late for the US-made Army Tactical Missile Systems, or ATACMS, to make a difference if it hits targets deep inside Russia? The answer is complex and perhaps explains some of the reluctance of the Biden administration to grant permission. Secondly, Ukraine has been able to penetrate deeper inside Russia using domestically manufactured and cheaper drones. Thirdly, the permission to use US precision missiles to hit deeper inside Russia is, as it sounds, quite provocative.

Persons: Joe Biden, Biden, HIMARS, Abrams, Russia –, Donald Trump Organizations: CNN, Army Tactical Missile Systems, Analysts, Institute for, United, NATO, America Locations: Ukraine, Russia, Kyiv, ATACMS, United States, Moscow, Europe, Kursk

☆ How different a commander in chief will Trump be?
▼ + stars: | 2024-11-17 | by ( Peter Bergen | ) edition.cnn.com time to read: +27 min

On the face of it, there are sizable differences in foreign policy between Trump and President Joe Biden. In October, the Biden administration again helped to intercept a barrage of around 200 Iranian ballistic missiles, which also caused minimal damage to targets in Israel. Bringing US troops homeIn 2020, the Trump administration signed a US withdrawal agreement from Afghanistan with the Taliban. But after McMaster was pushed out of office in 2018, the Trump administration negotiated with the Taliban the withdrawal agreement of all US forces from Afghanistan. Nonetheless, the incoming Trump administration seems intent on resurrecting Schedule F, an executive order issued in the last months of the first Trump term.

Persons: sneezes, Trump, Donald Trump’s, Joe Biden, —, Biden, Trump’s, shored, Donald Trump, Xi Jinping, Andrew Harnik, ”, Benjamin Netanyahu, Netanyahu, Ahmad Gharabli, Israel, Jared Kushner, Qasem Soleimani, Mike Huckabee, Israel — Huckabee, David Friedman, Reagan, JD Vance —, H.R, McMaster, Nikki Haley, Mike Pompeo, Haley, Pompeo, Elise Stefanik, Mike Waltz, Florida, George W, Bush, Pete Hegseth —, Lloyd Austin, Jim Mattis, Robert Gates, John Ratcliffe of, Tulsi Gabbard, Vladimir Putin, Basher al, Assad, Putin, Diego Fedele, Ukraine doesn’t, John Bolton, Mark Rutte, Tom Homan, Homan, ” Trump, CNN’s Priscilla Alvarez, “ It’s, Maura Healey, Stephen Miller, CBS’s, Camp David, It’s, Kim Jong Un Organizations: CNN, Trump, NATO, Ukraine, White, of, Biden, CIA, Liberation Army, Center for Strategic, International Studies, Obama, Getty, West Bank, Abraham Accords, Arkansas Gov, US Defense Intelligence Agency, ISIS, McMaster, UN, GOP, Republican, Special, House Armed Services Committee, Pentagon, Fox News, Senate, Republicans, US Civil, Policy, State Department, Department of Homeland Security, Policy Institute, Rep, House Intelligence, NATO Trump, US Congressional Research Service, Joint Assault Brigade, National Police, of Homeland, American Immigration Council, NBC News, US Bureau of Prisons, Massachusetts Gov, National Guard, Congress, Washington Post, H.R, North, America Locations: Paris, Russia, China, Beijing, South China, United Kingdom, Australia, Taiwan, Washington, United States, Gaza, Lebanon, Iran, Iranian, Syria, Israel, Yemen, Jerusalem, AFP, Iraq, Saudi Arabia, Afghanistan, Pakistan, John Ratcliffe of Texas, Hawaii, Ukraine, Dnipro, Soviet, Toretsk, Crimea, Japan, NATO, “ Russia, Baltic, Western Europe, ”, Korean, North Korean

☆ Trump's trade restrictions could be good for American semiconductor jobs
▼ + stars: | 2024-11-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

AdvertisementThe tariffs Donald Trump proposed while campaigning could help create US semiconductor jobs. To be sure, the impacts of a tariff policy on chips could be mixed. He said that the federal government should have implemented tariffs instead to motivate global chipmakers to build more factories in the US, which would then create jobs. AdvertisementTo be sure, the impacts of a tariff policy on chips could be mixed. In August, the White House said that investments supported by CHIPS Act funding would help create 115,000 construction and manufacturing jobs.

Persons: Donald Trump, podcaster Joe Rogan, Trump, Jeff Koch, SemiAnalysis, Patrick Moorhead, Jeff Ferry, Ferry, Stephen Ezell, Ezell Organizations: US, Industry, Biden, Samsung, Coalition for, Prosperous, Semiconductor Industry Association —, Intel, Information Technology, Innovation Foundation, Apple Locations: Taiwan, China, South Korea, Prosperous America, Arizona, India, United States

☆ The crypto industry plowed tens of millions into the election. Now, it’s looking for a return on that investment
▼ + stars: | 2024-11-17 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +10 min

Crypto super PACs spent heavily on Republicans as well as key Democrats, including two who won open seats in the US Senate, Elissa Slotkin in Michigan and Ruben Gallego in Arizona. How Washington regulates the industry has enormous consequences for this burgeoning sector, along with the 52 million Americans who now hold digital assets. “The strategy is to have as many conversations with as many people in the Trump orbit as possible so that everyone has an understanding of what the crypto industry is most interested in,” she said. They also helped finance Fairshake, a crypto industry super PAC launched last year that was active in congressional contests. An industry super PAC spent $40 million to back to Republican Senate candidate Bernie Moreno in Ohio, who ousted three-term Democratic Sen. Sherrod Brown.

Persons: Donald Trump, Gary Gensler, Biden, Crypto, Elissa Slotkin, Ruben Gallego, Sam Bankman, “ Crypto, ” Kristin Smith, we’ll, that’s, ” Smith, ”, Smith, Dan Gallagher, Paul Atkins, Atkins, Gallagher, Bitcoin, Trump, –, It’s, Barron, Steve Witkoff, multibillionaire Elon Musk, Cantor Fitzgerald Howard Lutnick, Carlos Barria, Reuters Howard Lutnick, Cantor Fitzgerald, Marc Andreessen, Ben Horowitz –, Sergio Gor, Andreessen, “, Tyler, Cameron Winklevoss, Musk, Katie Porter, Massachusetts Sen, Elizabeth Warren, Porter, Adam Schiff, Bernie Moreno, Democratic Sen, Sherrod Brown, Brown, Moreno, Colin McLaren, ” Robert Weissman, Andreessen Horowitz, Kara Calvert, CNN’s David Wright Organizations: CNN, Trump, Securities, Exchange Commission, Industry, Crypto, Blockchain Association, SEC, Token Alliance, Liberty, Liberty Financial, of Government, Republican, Reuters, Venture, Biden, PAC, Democratic Rep, Democratic, Banking Committee, Commodities Futures Trading Commission, Cedar Innovation Foundation, Consumer, Public Citizen Locations: Washington, Michigan, Arizona, Madison, New York City, U.S, America, Bitcoin, Massachusetts, California, Ohio

WASHINGTON — President-elect Donald Trump’s consistent campaign pledge to impose sweeping tariffs on products imported into the U.S. is likely to face stiff challenges in court and potentially pushback from Congress. There are potential legal limits to Trump’s authority, even though he has said he would unilaterally impose the increases. But a broad array of tariffs on allies “could cross the line,” especially as the Supreme Court has taken a generally pro-business stance in recent years, he added. During the Biden administration, the Supreme Court embraced a theory called the “major questions doctrine.” Biden’s ambitious plan to wipe out billions of dollars in student debt was one of the proposals the Supreme Court faulted. The Supreme Court declined to take up the issue.

Persons: Donald Trump’s, Trump, he’s, Joe Biden, ”, Alan Morrison, “, ” Morrison, ‘, ” Trump, Ed Brzytwa, Brzytwa, Sen, Rand Paul, Rick Scott, ” Scott, Petros Mavroidis, ’, Jennifer Hillman, Hillman, Biden, Matt Priest, “ We’ll, ” Priest Organizations: WASHINGTON, China . Industry, George Washington University Law School, Chicago Economic Club, National Bureau of Economic Research, Federal Reserve Board, Consumer Technology Association, “ Consumers, CTA, Fox News, Sunday, Republicans, Columbia Law School, Georgetown Law Center, of International Trade, Trump, Appeals, Federal Circuit, Supreme, Federal Communications, Federal Energy Administration, Footwear Distributors, Retailers of America Locations: U.S, Congress, China, United States, Ky, Canada

☆ Trump picks fracking company CEO Chris Wright as next Department of Energy secretary
▼ + stars: | 2024-11-16 | by ( Ella Nilsen | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump on Saturday named Chris Wright, the CEO of Denver-based fracking company Liberty Energy, as his pick to be the next secretary of the Department of Energy. Wright will also serve as a member on the newly formed Council of National Energy, which Trump said will consist of all agencies involved in the “permitting, production, generation, distribution, regulation, transportation” of energy. In addition to his company’s work on fracking oil and natural gas, Wright also sits on the board of a modular nuclear reactor company and has talked about the potential of nuclear energy. Developing nuclear energy has become a big focus of the Biden administration’s Energy Department. “Standing in the way of today’s energy system before we’ve built a new energy system, there’s just no upside in that,” Wright told CNBC.

Persons: Donald Trump, Chris Wright, Wright, Trump, Doug Burgum –, “ Chris, Chris, ” Trump, Harold Hamm, ” Wright, Joe Biden, “, we’ve, ” Organizations: CNN, Liberty Energy, Department of Energy, of National Energy, North Dakota Gov, Department of, Energy, Gas, American Energy Independence, Global Energy Markets, Biden administration’s Energy Department, National Nuclear Security Administration, Hart Energy, CNBC, International Energy Agency Locations: Denver, Oklahoma

☆ Tesla Cybertrucks have joined the growing number of luxury EVs that can now be leased
▼ + stars: | 2024-11-16 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Part of the reason is due to a tax credit program that the Cybertruck has been largely left out of. Tesla is offering the Cybertruck for lease a year after the EV company made its first deliveries to customers. However, leasing an EV offers buyers another way to take advantage of the tax credit program without meeting every requirement. Through what's known as a "leasing loophole," dealerships can receive the tax credit and choose to pass those savings on to the buyer or lessee. But Tesla's Cybertruck has largely been left out of the federal incentive program.

Persons: Tesla, Elon Musk's, Rivian, Tesla's Cybertruck Organizations: EV, Biden, Internal, Department of Energy's

☆ 7 ways a Trump administration could affect your finances
▼ + stars: | 2024-11-16 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

Here are seven ways a Trump administration could affect your personal finances. During Trump’s first term, the 2017 Tax Cuts and Jobs Act temporarily expanded the child tax credit from $1,000 to $2,000. “He will deliver.”TaxesThe Trump administration is expected to focus on extending tax cuts introduced by the Tax Cuts and Jobs Act that are set to expire in 2025. The Trump administration wants to “promote choice and competition” and make health care more affordable, according to his policy platform. The Trump administration will likely cut red tape to encourage business and real estate developments.

Persons: Donald Trump, he’d, Trump, JD Vance, Maria Castillo Dominguez, —, Karoline Leavitt, Vance, “, ” Leavitt, Alan Auerbach, Social Security Trump, Biden, Berkeley’s Auerbach, Joe Biden’s, ” Auerbach, “ They’re, ”, Trump’s, Auerbach, Sarah Lueck, ” Trump Organizations: CNN, Social Security, Jobs, Valoria Wealth Management, Trump, Urban, Brookings Tax, Tax, UC Berkeley, Center, enrollees, Republicans, Public, Consumer, National Retail Federation, Health, Republican, Center for Budget, Medicare, it’s, Housing

☆ Donald Trump’s plans on immigration are coming into focus
▼ + stars: | 2024-11-16 | by ( Priscilla Alvarez | Phil Mattingly | ) edition.cnn.com time to read: +6 min

Plans also include bringing back family detention, which has been widely criticized by immigrant advocates and a practice that President Joe Biden ended. Greg Abbott on the border, according to two of the sources. The people shaping operational plans are well versed on the immigration system, particularly Homan, who was also the architect of family separation. He also held a senior role at Immigration and Customs Enforcement during the record level of deportations under the Obama administration. The immediate focus is about who’s already here,” according to a source familiar with the plans.

Persons: Biden, Donald Trump, he’s, Trump, Trump’s, Joe Biden, “, ” Trump, Vance, Karoline Leavitt, Damon Hininger, ” Hininger, Tom Homan, Stephen Miller, Kristi Noem, Miller, Rodney Scott, Michael Banks, Greg Abbott, Homan, He’s, Obama, ”, Kathleen Bush, Joseph, Barack Obama’s Organizations: Washington CNN, Trump, Homeland Security, CNN, ICE, South Dakota Gov, Department of Homeland Security, Biden, US Border Patrol, Texas Gov, Immigration, Migration Policy Locations: United States, Mexico, –, “

☆ Pro-Palestinian activists’ anger at Democrats hasn’t been dampened by Trump’s election
▼ + stars: | 2024-11-16 | by ( Gregory Krieg | ) edition.cnn.com time to read: +11 min

CNN —For Democratic pro-Palestinian activists, Donald Trump’s reelection delivered a bitter vindication. Led by the Uncommitted National Movement, they spent months pushing and pleading with the Biden administration to scale back its support for Israel’s war in Gaza. “I don’t have any regrets,” Uncommitted spokesman and strategist Waleed Shahid told CNN. After weeks of back-and-forth, on the final night of the confab, party officials inside the United Center told Uncommitted leaders it was a no-go. “The thing I’ve been saying and I will always say is that these uncommitted voters are our voters, they’re our family,” Barnes told CNN at the time.

Persons: Donald Trump’s, Biden, Joe Biden’s, “, ”, James Zogby, Kamala Harris, ” Uncommitted, Lexis Zeidan, Trump “, ” Lexi Zeidan, Trump, Jill Stein, Harris, Harris ’, wasn’t, ” Zeidan, ’, Wa’el Alzayat, Emgage, Alzayat, Wa'el Alzayat, Jose Luis Magana, Mike Huckabee, Tulsi Gabbard, Matt Gaetz, Waleed Shahid, Lavora Barnes, –, ” Barnes, Shawn Fain, Ruwa, Romman, ” Romman, Trump’s, Dalal Baydoun, Stein, Israel, ” Harris, Bill Clinton, ” Clinton, ” Clinton’s, capper, Liz Cheney, Dick Cheney, Donald Trump, ” Shahid, “ it’s, ” Zogby, Zogby, “ There’s, we’re, he’s, CNN’s Danny Freeman, Yon Pomeranz Organizations: CNN —, Democratic, Movement, Black, Arab American Institute and, Democratic National Committee, Trump, CNN, Green Party, Democrat, Democrats, Muslim, Latina, Democratic National Convention, United Center, Michigan Democrats, United Auto Workers, statehouse, West Bank, United Nations, UN Human Rights, State, Defense, Michigan State University Locations: Gaza, Michigan, Dearborn, CNN Dearborn , Michigan, American, Chase , Maryland, Israel, Chicago, Palestinian, Georgia, ”, Arab, Lebanon, East Lansing, Palestine, Iraq

Iran sent a written message via Swiss diplomats in mid-October saying that it would not seek to kill Donald Trump, according to a U.S. official. Switzerland handles U.S. diplomatic interests in Tehran as Iran and the United States do not have official diplomatic relations. In July, the Biden administration obtained intelligence about an Iranian assassination plot against Trump, and the information led the Secret Service to ramp up security for his campaign. Last week, the Justice Department charged an Iranian man with plotting to assassinate Trump as a part of a murder-for-hire scheme. Officials have found no link between the shooter in that case and the Iranian plot.

Persons: Donald Trump, Biden, Trump, Qasem Soleimani, Trump’s, Soleimani, Steven Cheung, ” Organizations: U.S, Trump, Street Journal, Iran’s United Nations, Service, Justice Department, Islamic Revolutionary Guard Corps, The Justice Department, United Nations Locations: Iran, Switzerland, Tehran, United States, U.S, Baghdad, Butler, Pa, United, Fars

Latino voters overall were more than a quarter of Arizona’s electorate — Gallego won them by 22 points while Harris carried them by 10 points. As for Latino men, Trump won them by 12 points nationally, marking a stunning 35-point swing from 2020 that powered him to victory in key states, according to NBC News' exit polls. But Gallego held his ground with Latino men, winning them by 30 points, exit polls showed. Men — Latino men — were feeling very insecure about their positions in the family because they wanted to make sure that they’re providers and providing security and economic security. He outperformed Harris among voters who cited the economy as their top concern, exit polls showed, and covered off the vulnerability that sank many Democrats, including Harris.

Persons: Ruben Gallego, Donald Trump, Kamala Harris, — Gallego, Harris, Trump, Gallego, —, ” Gallego, Ariz, Mario Tama, ”, it’s, Republican Kari Lake, president’s MAGA, Biden, “, ” Trump, Lake hasn’t, isn’t, Kari Lake Organizations: WASHINGTON, Democratic, outperforming, NBC News, ”, Republican, Congressional Progressive Caucus, Trump, NBC, Democrat Locations: Arizona, Arizona’s, Guadalupe

☆ As sources say Trump could deport undocumented Chinese first, Asian American groups rush to prep
▼ + stars: | 2024-11-15 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +6 min

Asian American organizations say they are scrambling, but not completely surprised, over President-elect Donald Trump’s campaign promise of mass deportations. Bethany Li, executive director of the Asian American Legal Defense and Education Fund, said that the targeting of the Chinese community has long been foreshadowed. We saw this post-9/11 with Muslim and South Asian men being detained and some deported.”A spokesperson for the Trump campaign did not respond to a request for comment. “It’s another way of casting our community as an enemy,” Li said of Trump’s immigration platform. With questions looming over the implementation of Trump’s campaign promises, Yoo said that it’s important for vulnerable communities to stand in solidarity.

Persons: Donald Trump’s, Trump, Bethany Li, “, ”, “ They’re, ” Trump, ” Jo, Ann Yoo, Yoo, “ We’ve, ” Yoo, I’ve, ’, Li, ” Li, Biden, Liu Pengyu, ” Liu, “ We’re Organizations: NBC, Asian American Legal Defense, Education Fund, China Initiative, Biden, Asian American Federation, Immigration, Migration Policy Institute, Trump, Embassy, Washington , D.C, NBC News Locations: China, United States, New York, U.S, Washington ,, “ China

☆ Lebanese cease-fire efforts inch ahead as Israel keeps up fierce bombardment
▼ + stars: | 2024-11-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

Months of U.S. efforts to broker a deal between Washington’s ally Israel and Hezbollah have so far failed. In another potentially promising sign, a senior Lebanese official signalled that Hezbollah would pull its forces away from the Lebanese-Israeli border under a ceasefire. Its terms require Hezbollah to remove fighters and weapons from areas between the border and the Litani River, which runs about 20 miles from Lebanon’s southern border. After 2006, Israel complained Hezbollah fighters and weapons remained in the border are while Lebanon accused Israel of violating the resolution by sending warplanes into its airspace. Hezbollah attacks have killed about 100 civilians and soldiers in northern Israel, the Israeli-occupied Golan Heights and southern Lebanon over the last year, according to Israel.

Persons: Israel, “, ”, Ayat, Nabih Berri, Ali Hamdan, Ibrahim, Eli Cohen, Biden, Donald Trump, Benjamin Netanyahu, Ali Hassan Khalil, Al Jazeera, Amos Hochstein, Hochstein, Khalil, Cohen, Jean, Pierre Lacroix Organizations: Lebanon’s National News Agency, NBC News, Reuters, Ibrahim Amro, Getty, Washington Post, Trump, Israel, Lebanese, Security, Hezbollah, United Nations, Bank Locations: Lebanon, Beirut, Iran, Baalbek, U.S, Israel, Ghobeiry, Beirut's, AFP, Gaza, Lebanese, Israeli, Lebanon’s, The U.S, Golan

CNN —President-elect Donald Trump’s transition team is bypassing traditional FBI background checks for at least some of his Cabinet picks while using private companies to conduct vetting of potential candidates for administration jobs, people close to the transition planning say. It also reflects Trump’s deep mistrust of the national security establishment, which he derides as the Deep State. If Gaetz does not participate in the vetting process, the FBI could still try to do a basic investigation at the request of the Senate. Instead, Trump’s transition team has been focused on conducting its own internal vetting of candidates for top administration jobs. So if Trump’s team continues to skirt the vetting process, those tapped for key roles wouldn’t be able to receive briefings until then.

Persons: Donald Trump’s, Trump, Matt Gaetz, Tulsi Gabbard, Dan Meyer, “, ”, Trump’s, Gaetz, Gabbard, Bashar al, Vladimir Putin’s, Biden, Jared Kushner, won’t, wouldn’t, Mike Waltz Organizations: CNN, Trump, FBI, Justice Department, NATO Locations: Washington, Washington ,, Florida, Syria, Russia, Assad, United States, Ukraine, Moscow

CNN —Israel’s war conduct in Gaza “is consistent with the characteristics of genocide,” including mass civilian casualties and using starvation as a weapon, according to a new United Nations Special Committee report released Thursday. The UN committee added that Israeli officials have publicly supported policies to destroy “vital water, sanitation and food systems” in Gaza as well as prevent access to fuel. The UN Special Committee is composed of three UN member states, including Malaysia, Senegal and Sri Lanka. But the US view is a stark contrast with the bleak picture on the ground, where much of the aid that reaches Gaza is not being distributed. “We have not seen any aid, and no one has sent us food,” 63-year-old Palestinian Umm Muhammad Al-At’out told CNN this week.

Persons: CNN —, “, Biden, Muhammad Al, At’out, ” CNN’s Jane Nix, Mick Krever Organizations: CNN, United Nations, International Court of Justice, Security Council, UN, Court of Justice, Hamas, Human Rights Watch, The State Department Locations: Gaza, Israel, South Africa, UN’s, Malaysia, Senegal, Sri Lanka

☆ 'Political malpractice' if Trump undoes climate-geared Biden projects, outgoing U.S. energy secretary says
▼ + stars: | 2024-11-15 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

U.S. Secretary of Energy Jennifer Granholm speaks to the media on day five at the UNFCCC COP29 Climate Conference on November 15, 2024 in Baku, Azerbaijan. A potential decision by Donald Trump to walk back the Biden administration's climate-geared projects would impact jobs in areas governed by the President-elect's own party, outgoing U.S. Energy Secretary Jennifer Granholm told CNBC, urging consistency in Washington's green transition policies. "We are now building all of these projects. We're building batteries for electric vehicles, we're building the vehicles, we're building the offshore wind turbines, we're building the solar panels. When asked for a response on Granholm's comments, Karoline Leavitt, a spokeswoman for Trump's transition team, said the president-elect will "deliver" on the promises he made on the campaign trail.

Persons: Energy Jennifer Granholm, Donald Trump, Jennifer Granholm, Trump's, Granholm, CNBC's Dan Murphy, Joe Biden's, Law —, Karoline Leavitt Organizations: Energy, Conference, Biden, U.S . Energy, CNBC, Law, Republican Locations: Baku, Azerbaijan, Paris, U.S, Washington

☆ Trump called the climate crisis a scam. It could prove a gift to China.
▼ + stars: | 2024-11-15 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

AdvertisementPresident-elect Donald Trump has long questioned the reality of the climate crisis, describing it as a "scam" and accusing policies to tackle the crisis of destroying US jobs. AdvertisementChina, as part of its "Belt and Road" initiative to grow its global influence, has provided developing countries with renewable energy technologies, including wind farms. AdvertisementThe US lags China as a clean tech economic power. There are also doubts over how much China is willing to take an international leadership role on climate issues. Assuming a leadership role would likely require China to send money to other countries, said Crowther.

Persons: Donald Trump, —, Herbert Crowther, we're, Lily McElwee, Xi Jinping, Trump, Daniel Araya, Biden, Joe Biden's, Crowther, Xi Organizations: Service, Eurasia Group, Business, Biden, China Studies, Center for Strategic, International Studies, Trump, Getty, Brookings Institute, International Energy Agency, Reuters Locations: Paris, China, New York, Baku, Azerbaijan, Washington ,, Beijing, United States, Gansu Province, Washington , DC, Brazil

☆ Lebanon ceasefire talks intensify as Hezbollah considers new US-Israeli proposal
▼ + stars: | 2024-11-15 | by ( Tamara Qiblawi | ) edition.cnn.com time to read: +2 min

CNN —Hezbollah is considering a US-Israeli ceasefire proposal, sources told CNN, as diplomatic efforts to end the conflict between Israel and the Lebanese militant group intensify. The US ambassador to Lebanon, Lisa Johnson, relayed the proposal to the Lebanese government on Thursday night, a Lebanese official familiar with the discussions told CNN. Those efforts were upended when Israel killed Hezbollah leader Hassan Nasrallah in a major bombing attack in Beirut’s southern suburbs. Another Lebanese official familiar with the discussions around the ceasefire told CNN that US President-elect Donald Trump has endorsed the ongoing negotiations, which have been spearheaded by the Biden administration’s special envoy to Lebanon, Amos Hochstein. The US embassy in Beirut declined CNN’s request for comment on the ceasefire negotiations.

Persons: Lisa Johnson, Johnson, Nabih Berri –, –, Israel, Hassan Nasrallah, Donald Trump, Biden, Amos Hochstein, “, CNN’s Organizations: CNN, Lebanese, UN, Lebanese Armed Forces Locations: Israel, Lebanese, Lebanon, Beirut’s, Lebanon’s, Beirut

☆ 7 US stocks set to rally from Trump tariffs
▼ + stars: | 2024-11-15 | by ( Christine Ji | ) www.businessinsider.com time to read: +4 min

AdvertisementThere's been a lot of buzz about how president-elect Donald Trump's proposed tariffs could negatively impact some of the market's biggest names. However, for every company losing out from Trump's tariffs, there's another set to benefit from the red wave election outcome. Another big winner from tariffs and Trump policies in general is the financial sector. These businesses will experience minimal impact from tariffs while also benefitting from lower corporate taxes, which Gardner expects to go down under Trump. AdvertisementGarner and Rines shared some stocks they believe will benefit the most from Trump's proposed tariffs.

Persons: Trump's, —, There's, Donald Trump's, David Bianco, Trump, Bianco, Banks, Clayton Gardner, Gardner, Samuel Rines, Rines, Biden, Garner Organizations: Service, Biden, Trump, Ford, Companies Locations: China, America, Kentucky, Tennessee

At the time, Hochul said congestion pricing at that rate would be a hardship on New Yorkers struggling to make ends meet in the post-pandemic economy. Now the race is on to get congestion pricing approved before President-elect Donald Trump, who opposes it, takes office in January. The revised congestion pricing plan is expected to go before the Metropolitan Transportation Authority board for approval next week. After the expected MTA approval, the state and city will then ink an agreement with transportation officials in the Biden administration, who have been supportive of congestion pricing. They also predicted that congestion pricing would generate $15 billion that could be used to modernize subways and buses.

Persons: Kathy Hochul, Hochul, ” Hochul, “, Donald Trump, Phil Murphy, Murphy, Biden Organizations: New York Gov, Yorkers, New, New Jersey Gov, America, Metropolitan Transportation Authority, MTA, NBC News, Manhattan's Central Business District, Financial Locations: New York City, Manhattan, New York, New Jersey, Hudson

NEW YORK CITY — The FBI seized a cellphone and other electronic devices of betting site Polymarket’s CEO Shayne Coplan in a raid on his New York City apartment early Wednesday, according to a source familiar with the matter. The search comes shortly after the company’s markets wagered correctly and controversially in Donald Trump’s favor in bets for who would win the presidential election, despite opinion polls showing a tight race. The source said it’s not clear if Coplan or Polymarket are targets of an investigation. Polymarket, which Coplan founded in 2020, has recently been the subject of intense debate and scrutiny over its creation of election betting markets. The company brought in more than $3.6 billion from bets placed on the presidential election, including $1.5 billion on Trump and $1 billion on Vice President Kamala Harris, according to an NBC News analysis.

Persons: Shayne Coplan, Donald Trump’s, Coplan, “, Kamala Harris, Polymarket, Biden, ” Coplan, ” Shayne Coplan, Matthew Reeves, ” Nicholas Biase Organizations: FBI, New, Trump, NBC, Futures Trading Commission, NBC News, Polymarket, U.S Attorney’s Office, of Locations: New York City, cryptocurrency, Polymarket, Chicago, Southern, of New York

☆ Matt Gaetz, Trump’s pick for attorney general, had been a subject of a sex trafficking investigation
▼ + stars: | 2024-11-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Tom_Winter_Nbc_News.Jpg | Tom Winter | ) www.nbcnews.com time to read: +4 min

Matt Gaetz, President-elect Donald Trump’s pick to run the Justice Department, has previously been investigated over allegations of sex trafficking of a 17-year-old girl — a federal probe that ultimately did not yield criminal charges. Rep. Matt Gaetz, R-Fla., at the Republican National Convention in Milwaukee on July 16. Greenberg pleaded guilty in May 2021 to several crimes, including the sex trafficking of a 17-year-old girl. Stephen Alford, 62, of Fort Walton Beach, Florida, said he could help the Matt Gaetz secure a presidential pardon, authorities said. Matt Gaetz has said the allegations stemmed from the extortion plot.

Persons: Matt Gaetz, Donald Trump’s, Gaetz, “, ”, Angela Weiss, ’, Joel Micah Greenberg, Gaetz’s, Greenberg, scoffed, Don Gaetz, Stephen Alford, Alford, Robert Levinson, Matt Gaetz’s, Biden, Joe Biden, ” “, ” Gaetz Organizations: Justice Department, Capitol, Justice, DOJ, Republican National Convention, Getty, NBC News, “, Politico, Gaetz, FBI, Fort Walton Locations: Florida, Milwaukee, Bahamas, Seminole County , Florida, Fort, Fort Walton Beach , Florida, Iran

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