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☆ U.S. House Speaker Pelosi wraps up long and historic leadership career
▼ + stars: | 2022-11-17 | by ( Patricia Zengerle | ) www.reuters.com time to read: +6 min

For our daughters and our granddaughters, now the sky is the limit," Pelosi said after first becoming speaker in 2007. As speaker, Pelosi helped pass the 2010 Affordable Care Act, a law dubbed Obamacare that enabled millions of previously uninsured Americans to obtain medical coverage. The visit capped decades of Pelosi's high-profile opposition to China's authoritarian rulers including President Xi Jinping. During her first stint as speaker, Pelosi called Bush "a total failure." Though branded a West Coast liberal by Republicans, Pelosi first learned politics 60 years ago on the East Coast as the daughter of a big-city mayor and congressman, Baltimore's Thomas "Big Tommy" D'Alesandro.

☆ Australia has bulwark against China slowdown
▼ + stars: | 2022-10-26 | by ( Antony Currie | ) www.reuters.com time to read: +4 min

The country is Australia’s biggest trading partner, accounting for up to a third of its roughly A$475 billion ($303 billion) of annual exports. Its voracious demand over the past three decades helped Australia enjoy almost 30 years without a recession until the 2020 pandemic. As Treasurer Jim Chalmers’ first budget on Tuesday shows, though, Australia has some shock absorbers. If it doesn’t Australia won’t be able to escape the fallout entirely, but at least has some defences. Australia’s budget deficit for the financial year to June 30 2023 is expected to be A$36.9 billion ($23.3 billion).

Oct 25 (Reuters) - Michigan jurors on Tuesday began deliberations in the trial of three men accused of assisting in an elaborate plot two years ago to kidnap Michigan Governor Gretchen Whitmer in opposition to strict coronavirus restrictions imposed during the pandemic. Prosecutors said the plot was motivated by opposition to coronavirus restrictions imposed by the governor and grievances related to the 2020 presidential election. In August, a federal jury in Grand Rapids convicted Adam Fox and Barry Croft Jr. of conspiracy in the plot. Two other defendants were found not guilty in the first federal trial. read moreIn September, a federal judge reduced the sentence of Ty Garbin, who pleaded guilty to participating in the plot after his testimony helped convict Fox and Croft.

A key figure in Mississippi’s welfare spending scandal has pleaded guilty to federal fraud charges under an arrangement that signals he may be cooperating, according to court records. John Davis directed Mississippi’s welfare agency while it doled out millions of dollars in federal welfare money to projects investigators now say were improper, including a new volleyball facility requested by former NFL quarterback Brett Favre that benefited his daughter. Phil Bryant, who has consistently denied that he was aware that federal welfare money was being used for the projects, in violation of state and federal laws. Favre has also denied wrongdoing through his lawyer, who acknowledged that Favre has been interviewed by the FBI. There is no indication Favre is a target of the investigation, and he says he did not know the state grants came from federal welfare funds.

A group of Jackson, Mississippi, residents filed a class action lawsuit on Friday over the water crisis that left over 150,000 people in the city without access to clean running water. As a result of water crisis, the plaintiffs in the lawsuit allege they weren't able to "readily go about normal daily activities like using the bathroom, brushing [their] teeth, and cooking." Late last month, Lumumba told reporters the city had been dealing with the water crisis "for the better part of two years." Tate Reeves declared a state of emergency late August, saying the water crisis in Jackson threatened “critical needs” after rain and flooding pushed the Pearl River to dangerous levels, according to officials. A team from the Environmental Protection Agency’s inspector general’s office is conducting a top-to-bottom review of what caused Jackson's water crisis.

An adjustable-rate mortgage (ARM) has a rate that fluctuates over set intervals. After closing, the only way to change these terms is to refinance to another ARM or to a fixed-rate mortgage. ARM lenders comparison chart Minimum credit score required ARM loan types Better Business Bureau rating Rocket Mortgage 620 FHA ARM, VA ARM, 7/6 ARM, 10/6 ARM A+ Chase Bank 620 5/6 ARM, 7/6 ARM, 10/6 interest-only jumbo ARM A+ Ally Bank 620 7/6 ARM APros and cons of adjustable-rate mortgagesThe benefits and drawbacks of an ARM Pros Lower introductory rate. You can refinance your ARM mortgage it into a fixed-rate mortgage. FAQ How is an adjustable-rate mortgage different from a fixed-rate mortgage?

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☆ A leaked video exemplifies what Black migrants endure in US detention centers
▼ + stars: | 2022-03-26 | by ( John Washington | José Olivares | ) www.businessinsider.com time to read: +30 min

A leaked video obtained by Insider shows guards violently tackling a Black asylum seeker at a Louisiana detention center. Detainees and immigration lawyers say there is a disturbing and overlooked problem of anti-Black racism in immigration detention. In January, Representative Cori Bush (D-MO) and Senator Cory Booker (D-NJ) called for a "holistic review of the disparate treatment of Black migrants." Across the state, eight new immigration detention centers have been opened in the past three years – all privately run. In just Texas and Louisiana, 11 separate facilities in recent years have shifted from prisons or jails to immigration detention centers.

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