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☆ Trump 'made his own bed,' cannot add witness for writer's trial - judge
▼ + stars: | 2023-11-16 | by ( Jonathan Stempel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Trump had claimed he would suffer "extreme prejudice" without a new damages expert for the scheduled Jan. 16, 2024, trial. That Trump's chosen expert "was unreliable and would not testify had been known to him for months. Trump's lawyers are defending him at trial against New York Attorney General Letitia James' civil fraud claims related to his family business, the Trump Organization. In May, a jury ordered Trump to pay Carroll $5 million for sexual assault and defamation in a second lawsuit, after Trump again denied her claims in October 2022. The case is Carroll v. Trump, U.S. District Court, Southern District of New York, No.

Persons: Donald Trump, Steve Marcus, Donald Trump's, Jean Carroll, Trump, District Judge Lewis Kaplan, Kaplan, Letitia James, Carroll, Jonathan Stempel, Daniel Wallis Organizations: Republican U.S, Republican Jewish Coalition, Leadership, REUTERS, U.S, District, New York, Trump Organization ., Elle, Trump, Court, Southern District of, Thomson Locations: Las Vegas , Nevada, U.S, Manhattan, Southern District, Southern District of New York, New York

☆ Europe's far right joins rallying cry against antisemitism, unsettling some Jews
▼ + stars: | 2023-11-15 | by ( Michel Rose | ) www.reuters.com time to read: +6 min

Sandrine Rousseau, a Green lawmaker, said Le Pen's presence had made her uncomfortable. "Marine Le Pen was given rounds of applause several times in the march," a source close to her told Reuters. "For me, the DNA of the far right is antisemitism. But analysts say Le Pen and her party are succeeding in shifting public discourse and perceptions. "Voters are led to believe that the danger no longer comes from the far right, but from political Islam."

Persons: –, Le Pen's, Jean, Marie, Le, Pen, Le Pen, Daniel Levy, Sandrine Rousseau, Giorgia, Marie Le Pen's, Serge Klarsfeld, Yonathan Arfi, Richard Sulzer, Olivier Veran, pollster Levy, Michel Rose, Elizabeth Pineau, Juliette Jabkhiro, Angelo Amante, Sarah Marsh, Rachel Armstrong, Nick Macfie Organizations: Hamas, Rassemblement, National Front, pollster Harris Interactive, Reuters, Rassemblement National, Conservative Party, Le Figaro, Voters, Thomson Locations: France, Israel, Palestinian, Paris, PARIS, Europe, Italy, Germany, Britain, EUROPE, Nazi, constituencies, Rome, Berlin, London

☆ McLaren can be a real threat to Red Bull next season, says Brawn
▼ + stars: | 2023-11-14 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

REUTERS/Leonhard Foeger/ File Photo Acquire Licensing RightsLONDON, Nov 14 (Reuters) - Ross Brawn is tipping a resurgent McLaren to take the fight to dominant Red Bull and triple world champion Max Verstappen next season. So, I think with that improvement going into next season they can be a real threat. Brawn was also optimistic Ferrari would improve under Fred Vasseur's guidance but recognised Red Bull would not be standing still and had the added benefit of being able to switch attention early to next year's car. Red Bull have so far won 19 of 20 races, with Verstappen triumphant 17 times -- a record for a single season that he can extend in Las Vegas this weekend -- and team mate Sergio Perez twice. I think sometimes when you get a team dominating you'd hope that both drivers would be fighting each other and that hasn't happened with Red Bull, which is a shame," said Brawn.

Persons: Jean Todt, Motorsports Ross Brawn, Chase Carey, Niki Lauda's, Leonhard Foeger, Ross Brawn, Red, Max Verstappen, Brawn, Michael Schumacher, Mercedes, McLaren, Andrea Stella, I'm, They’ve, Britain's Lando Norris, Oscar Piastri, Norris, Fred Vasseur's, Red Bull, Bull, Verstappen, Sergio Perez, It's, Alan Baldwin, Christian Radnedge Organizations: de, Formula, Motorsports, REUTERS, McLaren, Red Bull, Ferrari, Disney, Qatar, Thomson Locations: Stephen's, Vienna, Austria, Las Vegas

☆ Chevron takeover of Hess resurrects multi-billion dollar tax shield
▼ + stars: | 2023-11-14 | by ( Tim Mclaughlin | ) www.reuters.com time to read: +5 min

“The tax benefits were definitely factored into how Chevron valued Hess,” said Donald Williamson, an accounting professor at American University’s Kogod School of Business. “When you combine the companies, we have the greater U.S. income, and we can use those net operating losses,” he said. The bottom line effect, when that loss limit is multiplied by the U.S. federal tax rate of 21%, is extra cash flow that could top $400 million a year. “There’s a strong and appropriate case to increase the corporate income tax rate.”Last year, corporate tax revenue totaled a record $425 billion, according to the Congressional Budget Office. Over the past decade, Chevron's current U.S. federal tax expense has averaged $40 million a year.

Persons: Dado Ruvic, Hess, ”, Donald Williamson, “, Pierre Breber, Williamson, Jim Seida, Jean Ross, Exxon, Darren Woods, ” Woods, Tim McLaughlin, Marguerita Choy Organizations: Chevron, Hess, REUTERS, Kogod School of Business, Internal Revenue Service, U.S, University of Notre Dame, Center for American Progress, Congressional, Graphics, Exxon Mobil, Pioneer Resources, Exxon, Reuters, Boston College, Thomson Locations: U.S, Chevron

☆ US set to take action to win China's cooperation on fentanyl
▼ + stars: | 2023-11-14 | by ( Michael Martina | ) www.reuters.com time to read: +2 min

Biden will discuss the issue with China's President Xi Jinping on Wednesday in San Francisco at the Asia-Pacific Economic Cooperation (APEC) forum. U.S. National Security Advisor Jake Sullivan said on Tuesday that Washington hoped the summit would result in action to help combat the fentanyl trade. China has long questioned why the U.S. would expect cooperation on fentanyl while targeting the institute. China's embassy in Washington did not immediately respond to a request for comment on the fentanyl issue. Fentanyl is up to 50 times stronger than heroin and is increasingly mixed with other illicit drugs, often with lethal results.

Persons: Jake Sullivan, Karine Jean, Pierre, Leah Millis, Joe Biden's, Bejing, Biden, Xi Jinping, Washington, Marsha Blackburn, Blackburn, Michael Martina, Michelle Nichols, Jonathan Oatis, Bill Berkrot Organizations: National, White House Press, White, REUTERS, FRANCISCO, China's Institute of Forensic Science, U.S . Centers for Disease Control, Prevention, China's, Economic Cooperation, . National, Washington, Institute of Forensic Science, China's Ministry of Public Security, Commerce, Thomson Locations: Washington , U.S, United States, Washington, San Francisco, Asia, U.S, China, America, China's

The countersuit comes months after the institution sued him and others over the scandal. “These two statements fortified Defendant’s belief that the 25 paintings were authentic Basquiats,” said the former museum CEO. Political Cartoons View All 1247 ImagesDe Groft is seeking more than $50,000 for wrongful termination, defamation and breach of contract. An email seeking comment was sent Tuesday evening to a spokeswoman for the Orlando Museum of Art. Basquiat, who lived and worked in New York City, found success in the 1980s as part of the neo-Expressionism movement.

Persons: —, Jean, Michel Basquiat, Aaron De Groft, De Groft, ”, Groft, Basquiat, Thad Mumford, Mumford, Michael Barzman, Mike Schneider Organizations: FBI, Orlando Museum of Art, American Alliance of Museums, FedEx Locations: ORLANDO, Fla, Florida, Orlando , Florida, tatters, New York City, Los Angeles

☆ UniCredit CEO Orcel's 'bank of Europe' ambition tough to realise
▼ + stars: | 2023-11-14 | by ( Valentina Za | ) www.reuters.com time to read: +6 min

However, his aspirations to make UniCredit the "bank of Europe" are proving trickier to realise with the CEO setting a high bar for mergers and acquisitions in the euro zone's fractured capital markets, despite having what he describes as the biggest war chest among European lenders. UniCredit bought Greece's 9% stake in Alpha Bank (ACBr.AT) and struck a commercial partnership with the Athens-based lender, also acquiring most of its Romanian operations. The CEO works closely with a small M&A team he set up within UniCredit which constantly reviews potential deals in the markets and businesses where the bank operates, people with knowledge of the matter said. But uneven regulation across the euro zone, where progress towards a single banking market has stalled, complicates cross-border deals. Calling on Europe to follow his lead, Orcel says he has unlocked UniCredit's potential by giving it a unified strategy across its 13 markets.

Persons: Andrea Orcel, Merrill Lynch, Orcel, He's, Cole Smead, ALPHA Orcel, Siena, UniCredit, Smead, Jean, Pierre Mustier's, Mustier, it's, Carlo Franchini, Danilo Masoni, Kirsten Donovan Organizations: Discount, MILAN, UBS, Smead Capital Management, Fund, ALPHA, Banco, Alpha Bank, Alpha, Banca Ifigest, Thomson Locations: buybacks, Europe, Arizona, Ukraine, Athens, HVB, Berlin, Milan

WASHINGTON, Nov 13 (Reuters) - U.S. House of Representatives Speaker Mike Johnson's plan to avoid a partial government shutdown secured tentative support from top Senate Democrat Chuck Schumer on Monday, even as some of Johnson's hardline Republican colleagues pushed back against it. Without changes, the Texas Republican said he would oppose efforts to bring the bill to the floor. The bill is intended to pressure the House and Senate to agree on spending bills for fiscal 2024 by the assigned dates. Johnson warned Democrats that House Republicans would impose a full-year CR for 2024 "with appropriate adjustments to meet our national security priorities" if Congress fails to reach agreement on full-year spending. Failure to hit that benchmark led to McCarthy's ouster, but some House Republicans suggested Johnson deserved more time.

Persons: Mike Johnson's, Chuck Schumer, Schumer, Chip Roy, Roy, Hakeem Jeffries, Kevin McCarthy, Joe Biden, Johnson's, centrists, Mike Johnson, Elizabeth Frantz, Johnson, Good, Marjorie Taylor Greene, Warren Davidson, Scott Perry, Andrew Clyde, Republican George Santos, Perry, Karine Jean, Pierre, Biden, McCarthy, David Morgan, Moira Warburton, Steve Holland, Scott Malone, Andrea Ricci, Richard Chang Organizations: . House, Senate, Texas Republican, Republican, Democratic, U.S . House, U.S, Capitol, REUTERS, Food and Drug Administration, House, White, Caucus, White House, Republicans, Social Security, Total U.S, Thomson Locations: Washington , U.S

☆ Avoiding a government shutdown is first major test for House Speaker Mike Johnson
▼ + stars: | 2023-11-13 | by ( Chelsey Cox | ) www.cnbc.com time to read: +3 min

House Republican held a Conference meeting to discuss party agenda. WASHINGTON — The government could shut down at the end of the week — unless House Speaker Mike Johnson, R-La., can get his contentious stopgap funding bill passed. The passage of a bipartisan stopgap measure is what prompted former House Speaker Kevin McCarthy's ouster in October. Democratic Rep. Debbie Wasserman Schultz on Monday said the continuing resolution is driven by the "irresponsible" conservative House Freedom Caucus. Johnson said on Saturday that the continuing resolution places House Republicans "in the best position to fight for conservative victories" by separating it from debates over supplemental funding.

Persons: Mike Johnson, WASHINGTON —, Kevin McCarthy's, Debbie Wasserman Schultz, Monday, Wasserman Schultz, Chip Roy, Karine Jean, Pierre, Saturday, Jean, Johnson Organizations: U.S, Capitol, House Republican, WASHINGTON, Democratic, Caucus, Fla, State and Defense, White House, Republican, Republicans, Food and Drug Administration Locations: Washington ,, Israel, Texas, Mexico, Ukraine, Southern, Jan

☆ Moody's just reignited concerns about the US debt mountain. Here's what that means for the troubled Treasury-bond market.
▼ + stars: | 2023-11-13 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Moody's lowered its outlook for the US's credit rating to negative Friday. Negative credit outlookMoody's cut its outlook for the US's credit rating to negative Friday. The US's deficit: The US's debt pile is likely to "remain very large", per Moody's. The US's debt pile is likely to "remain very large", per Moody's. By stoking up worries about the government's massive debt pile, Moody's threatened to make a bad week worse – but the market reaction to it slashing its outlook has so far been muted.

Persons: Moody's, —, That's, Fitch, Biden, Karine Jean, Pierre, Hargreaves, Susannah Streeter Organizations: Treasury, Service, AAA, AA, Poor's, Federal, Treasury Department, Congress, White, Veterans Day Locations: Washington, British

☆ Billie Jean King Cup: Leylah Fernandez guides Canada to first ever title
▼ + stars: | 2023-11-13 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Leylah Fernandez led Canada to a first ever Billie Jean King Cup triumph on Sunday, securing the title with a 6-2 6-3 win over Italy’s Jasmine Paolini. Canada won the Billie Jean King Cup, formerly known as the Fed Cup, for the first time. It’s a dream come true.”Canada’s victory comes just a year after the men clinched the country’s first Davis Cup title. Fernandez was undefeated over the week as she guided Canada to victory. After Fernandez’s victory, the Canadian team was presented with the trophy by Billie Jean King, as well as blue jackets like those regularly worn by the legendary tennis star.

Persons: CNN — Leylah Fernandez, Billie Jean King, Italy’s Jasmine Paolini, Fernandez, ” Fernandez, CNN Sport’s Patrick Snell, “ Billie Jean King, “ We’re, Marina Stakusic, Martina Trevisan, Matt McNulty, Heidi El Tabakh, Magdalena Fręch, “, ” Stakusic, hasn’t, El Tabakh, ” El Tabakh, Marcelo Del Pozo Organizations: CNN, Canada, Czech, Billie Jean King Cup, Fed, Reuters, Canadian Locations: Canada, Poland, Spain, Czech Republic, Italy

WASHINGTON (AP) — President Joe Biden will host Indonesian President Joko Widodo at the White House on Monday, one day before the U.S. leader leaves for San Francisco to attend a summit of Asian leaders. The two presidents will share an afternoon tea and meet with top advisers, according to senior administration officials who insisted on anonymity to preview the schedule. They will also talk about ways to expand the trade of critical minerals like nickel, which can be used to produce electric vehicle batteries. Widodo will be arriving in the U.S. after making a previous stop in Riyadh, Saudi Arabia, for a summit of Muslim leaders. The official said Biden would seek to have Widodo “play a larger role” in the Middle East, although it was unclear exactly what that would entail.

Persons: Joe Biden, Joko Widodo, Karine Jean, Pierre, ”, Widodo, Xi Jinping, Kamala Harris, Biden Organizations: WASHINGTON, White, San, Economic Cooperation, United, Hamas Locations: U.S, San Francisco, Indonesia, Asia, India, United States, Southeast Asia, The U.S, Riyadh, Saudi Arabia, Gaza, Israel

☆ Government shutdown looms as new speaker struggles to control hardliners
▼ + stars: | 2023-11-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

The move could head off the Washington holiday-season tradition of shutdown dramas and mammoth all-encompassing spending bills. But the chances that a GOP majority that has trouble passing any bill could deliver on this intricate plan seem very low. Time is critically short given the need to muscle a funding measure through both the House and Senate in five days. Trump looms over the House – and the year to comeHouse Democrats are yet to solidify their position but did note Saturday that spending cuts weren’t included in Johnson’s plan. Johnson pleads for a break from his hardlinersAs with the White House, Johnson’s language explains his strategy.

Persons: Mike Johnson, Kevin McCarthy —, Johnson, “, Chip Roy, McCarthy, Jabin Botsford, Jabin, haven’t, Ukraine’s, —, ”, Karine Jean, Pierre, Joe Biden, Donald Trump, — Biden, Trump, Jack Smith, Marjorie Taylor Greene, ” Greene, Biden, Republicans —, Connecticut Democratic Sen, Chris Murphy, ” Murphy, Murphy Organizations: CNN, New, Republican, Washington, GOP, CRs, Democratic, White, Caucus, Texas Rep, Getty, Washington Post, Senate, Internal Revenue Service, Republicans, Democrats, Trump, Connecticut Democratic, Press Locations: Louisiana, Washington, DC, Washington ,, Israel, Gaza, Marjorie Taylor Greene of Georgia, Connecticut

☆ House speaker's plan to avoid shutdown meets resistance from both parties
▼ + stars: | 2023-11-12 | by ( David Morgan | ) www.reuters.com time to read: +5 min

"This two-step continuing resolution is a necessary bill to place House Republicans in the best position to fight for conservative victories," Johnson said in a statement after announcing the plan to House Republicans in a conference call. The House Republican stopgap contained no supplemental funding such as aid for Israel or Ukraine. She said "House Republicans are wasting precious time with an unserious proposal that has been panned by members of both parties." A stopgap measure would give lawmakers more time to implement full-scale appropriations bills to fund the government through Sept. 30. McCarthy opted for the bipartisan route after hardliners blocked a Republican stopgap measure with features intended to appease them.

Persons: Mike Johnson, Johnson, Republican stopgap, Joe Biden, Karine Jean, Pierre, centrists, Sarah Silbiger, Chip Roy, Roy, Brian Schatz, Schatz, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Timothy Gardner, Scott Malone, Daniel Wallis, David Gregorio Our Organizations: . House, Republican, Republicans, Democratic, White, AAA, ., Louisiana Republican, Food and Drug Administration, U.S, Capitol, REUTERS, Caucus, Social Security, Thomson Locations: Israel, Ukraine, Louisiana, Washington , U.S

☆ Fernandez seals Canada's first BJK Cup title
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +3 min

After the 21-year-old converted match point the Canadian team celebrated wildly on court in front of their jubilant fans. It was then over to Fernandez who duly claimed her fourth singles win of the week by outclassing Paolini. Canada's team will receive $2.4 million in prize money -- a record for the women's team event formerly known as the Fed Cup. "Congratulations to Canada for capturing their first Billie Jean King Cup title," King said. Canada are the 13th nation to win the Billie Jean King Cup and the second new champions in two years following Switzerland’s triumph in Glasgow 12 months ago.

Persons: Billie Jean King, Marina Stakusic, Italy's Martina Trevisan, Marcelo Del Pozo, Leylah Fernandez, Jasmine Paolini, Heidi El Tabakh, Martina Trevisan, Trevisan, Stakusic, Fernandez, outclassing Paolini, Marketa Vondrousova, Gabriela Dabrowski, Barbora Krejcikova, Katerina Siniakova, American King, King, Martyn Herman, Hugh Lawson, Ken Ferris Organizations: La, U.S ., WTA, Wimbledon, Fed, Billie Jean King Cup, Thomson Locations: Seville, Spain, SEVILLE, Canada, Italy, Czech Republic, Czech, American, Glasgow

☆ Opinion: In the French language, ‘inclusive’ becomes a loaded word
▼ + stars: | 2023-11-12 | by ( David A. Andelman | ) edition.cnn.com time to read: +6 min

Last month, the French Senate voted 221 to 82 in favor of the proposal banning gender-inclusive language from official French documents. Now it seems, another legitimate arm of state power — the French Senate — has taken matters into its own hands. As Jean-Luc Mélenchon, leader of the left-wing populist France Insoumise (France Unbowed) party said on X: “The French language belongs to those who speak it.”But the right embraces it. And he is someone who has embraced all efforts to cement French as a central language for the world. It’s all part of the French president’s ongoing campaign to boost the use of French everywhere.

Persons: David A, David Andelman, sommation, ”, “, maitresse ”, Pascale Gruny, Le, it’s, they’re, Senate —, ” There’s, Gruny, Jean, Luc Mélenchon, Emmanuel Macron, centrism, Macron, King François Organizations: CNN, French Legion of, The New York Times, CBS News, Paris CNN —, French Academy, Senate, National Assembly, International City Locations: Europe, ASIA, Paris, France, French, Republic, Luxembourg, Cotterêts, Spain

☆ As Biden and Xi gear up for a high-stakes meeting, experts have low expectations
▼ + stars: | 2023-11-12 | by ( Megan Lebowitz | ) www.cnbc.com time to read: +8 min

Senior U.S. administration officials detailed a handful of agenda items during a briefing with reporters. "We're not talking about a long list of outcomes or deliverables," a senior administration official told reporters. Even in recent days, Chinese officials were hesitant to confirm that Xi would attend the meeting with Biden. Biden and Xi's meeting also comes in the lead-up to Taiwan's 2024 presidential election in January, followed by the U.S. election. "We've been clear publicly and privately that interference in the Taiwan election is something we're extremely concerned about," a senior administration official said.

Persons: Xi Jinping, Joe Biden, Xi, Colleen Cottle, Jude Blanchette, They've, Thomas Fingar, Fingar, Biden, Wang Wenbin, Karine Jean, Pierre, Jean, Oriana Skylar Mastro, Ely Ratner, Ratner, We've, we've, Li Shangfu, Li, David Sacks, Sacks, Xi's Organizations: Global China, Atlantic Council, Senior, Center for Strategic, International Studies, Stanford University, National Intelligence Council, White, U.S ., American Enterprise Institute, NBC News, Defense, Biden, China, Council, Foreign Relations, U.S, Washington Locations: Nusa Dua, Indonesian, Bali, U.S, China, Taiwan Strait, South China, San Francisco, People's Republic of China, Taiwan

SEVILLE, Spain (AP) — Leylah Fernandez and Marina Stakusic won their singles matches as Canada beat Italy 2-0 to claim its first-ever Billie Jean King Cup on Sunday. Stakusic, ranked 258th in the world, put Canada ahead by defeating No. Canada had beaten 11-time champion Czech Republic in the semifinals, while four-time champion Italy advanced past Slovenia for its first final appearance since 2013. Political Cartoons View All 1240 ImagesCanada, captained by Heidi El Tabakh, is the 13th nation to win the Billie Jean King Cup, and the second new champion after Switzerland’s triumph in Glasgow a year ago. The Canada men's team is the current Davis Cup champion.

Persons: — Leylah Fernandez, Marina Stakusic, Billie Jean King, Stakusic, Martina Trevisan, Fernandez, Jasmine Paolini, Davis, Heidi El Tabakh, Iga Swiatek, ___ Organizations: Canada, Italy, Billie Jean King Cup, La, Czech, Davis, WTA Locations: SEVILLE, Spain, Canada, Seville, Czech Republic, Slovenia, Glasgow, United States, Switzerland, Cancun , Mexico

☆ Doubles powerhouse Krejcikova, Siniakova part ways
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +1 min

Tennis - Billie Jean King Cup Finals - Estadio de La Cartuja, Seville, Spain - November 11, 2023 Canada's Gabriela Dabrowski and Leylah Fernandez celebrate after winning their doubles match against Czech Republic's Barbora Krejcikova and Katerina Siniakova REUTERS/Marcelo Del Pozo Acquire Licensing RightsNov 12 (Reuters) - Dynamic Czech duo Barbora Krejcikova and Katerina Siniakova will not play doubles together during the 2024 season, the WTA said on its website on Sunday, pausing their hugely successful partnership after collecting seven Grand Slam titles together. The pair won in San Diego in September but lost to Canadians Gabriela Dabrowski and Leylah Fernandez at the Billie Jean King Cup this weekend. Siniakova initiated the split after an injury-marred 2023, according to media reports, but did not rule out a potential reunion. The Olympic doubles champions picked up their seventh Grand Slam title at the Australian Open this year. Reporting by Amy Tennery in New York; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Billie Jean King, Canada's Gabriela Dabrowski, Leylah Fernandez, Krejcikova, Katerina Siniakova REUTERS, Marcelo Del Pozo, Barbora Krejcikova, Katerina Siniakova, Gabriela Dabrowski, Siniakova, Amy Tennery, Ken Ferris Organizations: La, Czech, WTA, Thomson Locations: Seville, Spain, San Diego, New York

CNN —House Republicans are pursuing a two-step plan for funding the government, three sources familiar with the matter told CNN, as Congress barrels toward another spending deadline next Friday. While Johnson embraced the right wing of his conference by pitching the two-step approach, he didn’t fully cave to their wishes. The package does not include the deep spending cuts that his right flank pushed for but instead extends funding at its current levels. “This two-step continuing resolution is a necessary bill to place House Republicans in the best position to fight for conservative victories,” Johnson said in a statement Saturday. The second part of the bill, which would extend funding until February 2, would include funding for the rest of the government.

Persons: Mike Johnson, “, Johnson, ” Johnson, Karine Jean, Pierre, ”, ” Jean, Chip Roy, Hakeem Jeffries, Shania Shelton Organizations: CNN — House Republicans, CNN, GOP, Republicans, Veterans Affairs, Energy Department, Republican, Democratic, ” “, appropriators, Caucus Locations: ”, Israel, Ukraine

The approach is unusual for a stopgap spending bill. Johnson decided to go with the combination approach, addressing concerns from GOP lawmakers seeking to avoid being presented with a massive spending bill just before the holidays. “The bill will stop the absurd holiday-season omnibus tradition of massive, loaded up spending bills introduced right before the Christmas recess." A document explaining Johnson’s proposal to House Republicans, obtained by The Associated Press, said funding for four spending bills would be extended until Jan. 19. House Republicans pointed to the national debt, now exceeding $33 trillion, for Moody's decision.

Persons: Mike Johnson, Johnson, Joe Biden, Chip Roy, “, Pelosi, ’ ”, Karine Jean, Pierre, Kevin McCarthy Organizations: WASHINGTON, —, Republicans, “, Democratic, Treasury Department, Small Business Administration, House Republicans, The Associated Press, Veterans, State Department , Homeland Security, GOP, Moody’s Investors Service Locations: Israel, Ukraine, U.S, Mexico, Southern, Texas

☆ US House Speaker Johnson Floats Two-Step Measure to Avert Gov't Shutdown
▼ + stars: | 2023-11-11 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +5 min

Persons: David Morgan WASHINGTON, Mike Johnson, Johnson, Republican stopgap, Joe Biden, Karine Jean, Pierre, centrists, Chip Roy, Roy, Brian Schatz, Schatz, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Timothy Gardner, Scott Malone, Daniel Wallis, David Gregorio Organizations: . House, Republican, Republicans, Democratic, White, AAA, ., Louisiana Republican, Food and Drug Administration, Caucus, Social Security Locations: Israel, Ukraine, Louisiana

☆ US House Republicans eye plan to avert government shutdown as Moody's warns
▼ + stars: | 2023-11-11 | by ( David Morgan | ) www.reuters.com time to read: +5 min

The White House sought to pin blame for the outlook change, which cited the high deficit and rising interest rates, on Republicans. "Moody's decision to change the U.S. outlook is yet another consequence of congressional Republican extremism and dysfunction," White House spokesperson Karine Jean-Pierre said. House Republicans hope to vote on Tuesday on a stopgap measure, which could extend discretionary funding for federal agencies into mid-January. Representative Chip Roy, a prominent member of the hardline House Freedom Caucus, said he could accept a stopgap measure that also contains aid to Israel in its war with Hamas. McCarthy opted for the bipartisan route after hardliners blocked a Republican stopgap measure with features intended to appease the party's far right.

Persons: Mike Johnson, Sarah Silbiger, Moody's, Andy Harris, Karine Jean, Pierre, Joe Biden, Tom Cole, Cole, Johnson, Chip Roy, Roy, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Scott Malone, Daniel Wallis Organizations: U.S, Capitol, REUTERS, Rights, . House, Republicans, AAA, Republican, White, Democratic, Caucus, Texas Republican, Social Security, Thomson Locations: Washington , U.S, U.S, Mexico, Washington, Israel, Ukraine

☆ Italy overcome spirited Slovenia to reach BJK Cup final
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +2 min

SEVILLE, Spain, Nov 11 (Reuters) - Jasmine Paolini defeated Tamara Zidansek and Martina Trevisan beat Kaja Juvan as Italy secured a 2-0 victory over Slovenia in Seville on Saturday to reach the Billie Jean King Cup final and stay on course for their fifth crown in the team competition. Trevisan earlier put Italy in front in their quest to make the final of the event for a sixth time with a battling 7-6(6) 6-3 victory over Slovenian world number 104 Juvan. "I have to say that today was really tough," Trevisan said as Italy tasted success in their first semi-final appearance in the competition since 2014. Italy's last triumph in the competition came 10 years ago, and they could face stiff competition in Sunday's title clash. Reporting by Shrivathsa Sridhar in Bengaluru; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Jasmine Paolini, Tamara Zidansek, Martina Trevisan, Kaja Juvan, Billie Jean King, Paolini, Trevisan, Shrivathsa Sridhar, Hugh Lawson Organizations: Slovenia, Billie Jean King Cup, Estadio, la, Slovenian, Czech, United States, Thomson Locations: SEVILLE, Spain, Italy, Seville, Czech Republic, Canada, Bengaluru

Moody's is the last of the three major rating agencies to maintain a top rating for the U.S. government. Fitch changed its rating from triple-A to AA+ in August, joining S&P which has had an AA+ rating since 2011. “While the statement by Moody’s maintains the United States’ AAA rating, we disagree with the shift to a negative outlook. The sharp rise in Treasury yields "has increased pre-existing pressure on US debt affordability," Moody's said. “Moody’s just downgraded our credit rating outlook to negative because of our out-of-control government spending and deficits," hardline Republican Representative Andy Harris said on X, formerly known as Twitter.

Persons: Shannon Stapleton, Joe Biden's, Fitch, Moody's, Karine Jean, Pierre, Moody’s, Wally Adeyemo, Adeyemo, Biden, Quincy Krosby, Donald Trump, Mike Johnson, “ Moody’s, Andy Harris, ”, Richard Rohan Francis, Davide Barbuscia, Andrea Shalal, David Morgan, Caroline Valetkevitch, Ira Iosebashvili, Megan Davies, Shilpi Majumdar, Shounak Dasgupta, David Gregorio, Chris Reese Organizations: REUTERS, . House, U.S ., Aaa, White, Republican, States ’ AAA, Treasury, Reserve, LPL, New York Times, Republicans, Democratic, Thomson Locations: New York City, U.S, WASHINGTON, American, Siena, Nevada , Georgia, Arizona , Michigan, Pennsylvania, Trump, Wisconsin

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