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In a major development, it has been announced that the number of allied countries spending at least 2% of their country’s economic output on defense has doubled during President Joe Biden’s term. NATO Secretary-General Jens Stoltenberg visited Washington to meet with Biden ahead of the alliance’s upcoming annual summit in July. Stoltenberg revealed, “Just five years ago, there were less than 10 allies that met the 2% of GDP defense spending target. This year, more than 20 allies will meet this benchmark.” This increase in defense spending is seen as beneficial for both Europe and America. The specific countries that…
Kane Williamson, a prominent figure in New Zealand cricket, recently announced his decision to step down as captain of the country’s white-ball teams. This news came after the Black Caps experienced a disappointing exit from the group stage of the T20 World Cup. Williamson, who has been a pivotal player for the team for the past decade, led New Zealand to the runners-up position in two 50-over World Cups in 2015 and 2019, as well as the T20 World Cup in 2021. At the age of 33, Williamson has decided to decline taking up a central contract for the 2024/25…
of food. So it was like a little festival,” he said. “That’s what the Founding Fathers wanted. They wanted a celebration of democracy. They wanted a celebration of voting. They wanted to draw people in and say, ‘This is exciting. This is a privilege. This is something you should really cherish.’” Jacobs added, “I interviewed a voting rights activist who said, ‘We have to make it clear to people that this is not just a right. It’s a responsibility. And it’s a joy.’ And that was so different from how most of us have grown up, thinking of voting as…
As summer begins in North America, an intense “heat dome” is expected to impact more than half of the US population this week. Some areas, such as Montpelier, Vermont; Syracuse, New York; and Pittsburgh, are facing heat levels not seen in about three decades. With the rising temperatures come risks of heat-related conditions such as dehydration, heat stress, heat exhaustion, and heat stroke. It is important to take precautions to stay cool not only at home but also at work. Under the federal law that established the Occupational Safety and Health Administration (OSHA), employers are required to keep workplaces free…
News Reporter: President Joe Biden is set to announce a major executive action on Tuesday that will provide deportation protection and work authorization for select undocumented spouses of US citizens who have been living in the country for at least 10 years. This initiative will utilize the existing legal authority of “parole in place” and is a long-awaited move by immigration advocates and Democrats in an election year. The policy mirrors the Obama-era Deferred Action for Childhood Arrivals program, offering relief to hundreds of thousands of people, primarily Latinos, including spouses, children, extended family, and friends. Additionally, Biden plans to…
In a surprising turn of events, Nvidia, Wall Street’s artificial intelligence poster child, has surpassed Microsoft as the most valuable company in the world. Nvidia’s market capitalization closed at roughly $3.34 trillion on Tuesday, edging past Microsoft’s $3.32 trillion value. Apple remains the third most valuable company in the US with a $3.27 trillion market cap. Nvidia shares closed 3.5% higher on Tuesday, while Microsoft shares fell 0.5% and Apple shares lost 1.1%. Nvidia joined the exclusive group of US companies with a $3 trillion market cap earlier this month. The chipmaker’s stock has soared over the last year and…
The Federal Reserve, the central bank of the United States, plays a crucial role in shaping the country’s monetary policy. With the economy facing various challenges, there are calls for the Fed to cut interest rates to stimulate growth. However, there are certain factors that may deter the Federal Reserve from making such a move. One key consideration for the Fed is the state of the economy. While recent data has shown some signs of weakening, the overall picture remains relatively positive. Unemployment is at historic lows, and inflation is currently within the Fed’s target range. As a result, there…
Former President Donald Trump continued his aggressive rhetoric on illegal immigration at a campaign rally in Nevada in early June, where he claimed that nearly all the new jobs under President Biden have gone to illegal aliens. However, this claim is false, according to Bureau of Labor Statistics data. The data shows that the number of US-born workers has actually increased by about 3.5% since May 2021, shortly after Biden took office. Additionally, while the number of foreign-born workers has increased at a faster rate of 20% during Biden’s presidency, it does not mean that native-born workers are not getting…
Netflix is set to open massive entertainment venues in Dallas and King of Prussia that will allow fans to dive deep into the worlds of their favorite shows. The “experiential” complexes, known as Netflix Houses, will feature elaborate events, themed gift shops, and restaurants. Occupying former department store locations, both houses will exceed 100,000 square feet and are scheduled to open in 2025. Netflix is taking a page out of the theme park playbook with these immersive experiences. For fans of “Squid Game,” Netflix promises to recreate the intense Glass Bridge challenge where competitors must carefully navigate clear panels that…
Valéry Giscard d’Estaing, a French politician, is credited with popularizing the term “exorbitant privilege” in the 1960s. He used this term to describe the advantages enjoyed by the United States as the issuer of the world’s reserve currency, particularly the ability to comfortably run high deficits. However, in recent times, France has come to realize that it does not benefit from such a privilege. As the country gears up for parliamentary elections on June 30th and July 7th, its significant deficit and increasing debt have taken center stage in the political campaign. The European Commission is expected to initiate an…
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