Biden
Long the Bitcoin bottom, or watch and wait? Bitcoin traders plan their next move
Bitcoin (BTC) faced a 9% correction in the early hours of Sept. 19 as the price traded down to $18,270. Even though the price quickly bounced back above $19,000, this level was the lowest price seen in three months. However, pro traders held their ground and were not inclined to take the loss, as measured by derivatives contracts. Bitcoin/USD price index, 2-hour. Source: TradingView Pinpointing the rationale behind the crash is extremely difficult, but some say United States President Joe Biden’s interview on CBS “60 Minutes” raised concerns about global warfare. When responding to whether U.S. forces would defend Taiwan in the event of a China-led invasion, Biden replied: “Yes, if in fact, there was an unprecedented attack.” Others cite China’s central ...
Cuba blames unrest on U.S. interference as Joe Biden backs protests
Cuba blamed historic protests that took place over the weekend on U.S. “economic asphyxiation” and social media campaigns by a minority of U.S.-financed counter-revolutionaries, while U.S. President Joe Biden said he stood with the Cuban people. The streets of Havana were quiet on Monday, although there was a heavy police presence. Outages in mobile internet – the only way many Cubans have of accessing the web – were frequent. Chanting “freedom” and calling for President Miguel Diaz-Canel to step down, thousands of Cubans joined street protests here from Havana to Santiago on Sunday in the biggest anti-government demonstrations on the Communist-run island in decades. At least 80 protesters, activists, and independent journalists had been detained nationwide since Sunday, according to exile...
White House: No plans for Joe Biden to meet new Iranian leader
There are currently no plans for U.S. President Joe Biden to meet with Iran’s newly elected leader, according to the White House, which downplayed Ebrahim Raisi’s influence. Raisi, a strident critic of the West, will take over from pragmatist Hassan Rouhani on Aug. 3 after an election on Friday. In a news conference on Monday, he backed talks to salvage a tattered nuclear deal with Washington but ruled out personally meeting with Biden. read more White House press secretary Jen Psaki said on Monday that little had changed because Supreme Leader Ayatollah Ali Khamenei is the key decision maker in Tehran. “We don’t currently have any diplomatic relations with Iran or any plans to meet at the leader level,” she told reporters. “Our view is that the decision maker here is the Supreme Leader.” ...
Joe Bidens announce death of ‘first dog’ Champ
President Joe Biden and first lady Jill Biden on Saturday announced the passing of their German shepherd Champ, who they called a “constant, cherished companion” for 13 years. “In our most joyful moments and in our most grief-stricken days, he was there with us, sensitive to our every unspoken feeling and emotion. We love our sweet, good boy and will miss him always,” the Bidens said in a statement. Champ was one of two German shepherds living at the White House with the president and first lady. Biden got Champ in 2008, the year he was elected vice president under President Barack Obama. Champ lived alongside Major, who the Bidens adopted in November 2018 and became the first rescue dog to live in the White House. Major had to be briefly removed from the premises after two incidents of ni...
White House considering talks between Joe Biden and China’s Xi Jinping
The White House will consider arranging talks between President Joe Biden and his Chinese counterpart, Xi Jinping, as the two countries spar over issues including human rights, a top U.S. official said on Thursday. Biden’s national security adviser Jake Sullivan said that the two leaders are due to “take stock of where we are in the relationship.” Beijing fumed over a communique issued at Biden’s urging by the Group of Seven leaders on Sunday. It scolded the country over human rights in its Xinjiang region and Hong Kong while also demanding a full and thorough investigation of the origins of the coronavirus in China. “Soon enough we will sit down to work out the right modality for the two presidents to engage,” Sullivan told reporters on a conference call. “It could be a phone call, it cou...
Joe Biden pointedly asks Vladimir Putin about cyberattacks at summit
U.S. President Joe Biden asked Russian President Vladimir Putin on Wednesday how he would feel if someone carried out a ransomware attack on Russian oil pipelines, a pointed question during their summit that illustrated the breadth of their disagreements. The query referred to a cyberattack that closed the Colonial Pipeline Co system for several days in May, preventing millions of barrels of gasoline, diesel and jet fuel from flowing to the U.S. East Coast from the Gulf Coast. Both leaders described their first summit in a lakeside Swiss villa as professional, rather than friendly, and said they agreed to hold lower-level talks on cybersecurity and arms control and to send their ambassadors back to their capitals. But there was no hiding their differences on issues such as human rights, wh...
Canada’s premier says he discussed border with Joe Biden, but no deal
Canadian Prime Minister Justin Trudeau said on Sunday he has spoken with U.S. President Joe Biden about how to lift pandemic-related border restrictions between the two countries but made clear no breakthrough has been achieved. U.S. and Canadian business leaders have voiced increasing concern about the ban on non-essential travel in light of COVID-19 that was first imposed in March 2020 and renewed on a monthly basis since then. The border measures do not affect trade flows. The border restrictions have choked off tourism between the two countries. Canadian businesses, especially airlines and those that depend on tourism, have been lobbying the Liberal government to relax the restrictions. Canada last week took a cautious first step, saying it was prepared to relax quarantine protocols fo...
Russia calls U.S. decision to not rejoin Open Skies arms pact ‘a political mistake’
Russia on Friday called a U.S. decision to not rejoin the Open Skies arms control pact, which allows unarmed surveillance flights over member countries, a political mistake that strikes a sour note ahead of a summit, Russian news agencies reported. The United States told Russia on Thursday it would not rejoin the pact, which Washington left in November, accusing Russia of violating it, something Moscow denied. The original decision to quit the pact was taken by the administration of then U.S. president Donald Trump and Moscow had hoped that Joe Biden would reverse that decision. Sergei Ryabkov, Russia’s deputy foreign minister, was quoted by the RIA news agency on Friday as saying that Moscow was disappointed but not entirely surprised by Biden’s decision. “It certainly does not make us ha...
Hamas official predicts ceasefire soon in Israel-Gaza conflict
A senior Hamas official predicted a ceasefire within days in the Israel-Gaza conflict, after U.S. President Joe Biden urged Israeli Prime Minister Benjamin Netanyahu to seek a “de-escalation” in the fighting. Rocket fire into Israel died down overnight, a lull that stretched into Thursday morning. Israel was launching new air strikes in Gaza after daybreak, but, Israeli media said, at a slower pace than in past days. An Egyptian security source said the sides had agreed in principle to a ceasefire after help from mediators but details were still being negotiated in secret. “I think that the ongoing efforts regarding the ceasefire will succeed,” the Hamas political official, Moussa Abu Marzouk, told Lebanon’s al-Mayadeen TV. “I expect a ceasefire to be reached within a day or two, and the c...
Eight killed in mass shooting at Indianapolis FedEx facility
At least eight people were dead after a shooting at the FedEx Ground Plainfield Operations Centre in Indianapolis, Indiana, late on Thursday, according to police. The gunman reportedly took his own life after firing indiscriminately. Eight of those who were shot died on the scene, while some others were hospitalised with injuries, according to Indianapolis Metropolitan Police Department (IMPD) spokesperson Genae Cook. She told reporters that the motive for the killing was unclear, and that IMPD would work with the Indiana State Police to investigate the shooting. IMPD homicide detectives responded to the scene and began their investigation. A FedEx statement indicated that staff members were among the victims. “We are deeply shocked and saddened by the loss of our team members following th...
Report: US says ex-Egypt premier had diplomatic immunity from lawsuit
The Biden administration has said a lawsuit seeking to hold former Egyptian Prime Minister Hazem el-Beblawi accountable for alleged involvement in torture against an Egyptian-American activist should be thrown out because he held diplomatic immunity, the Washington Post reported on Monday. In a submission to the US District Court in Washington, DC, shared by the Post, lawyers for the US Justice Department said “El Beblawi held diplomatic status at the time when the suit was commenced” and the court should dismiss “claims falling with the scope of his immunity”. El-Beblawi had served as Egypt’s representative to the International Monetary Fund, but quit and left the US in late October, the Post reported. The department said in its court filing that it was not making any judgements on the me...
US Supreme Court dismisses case on Donald Trump blocking Twitter critics
The U.S. Supreme Court set aside a federal appeals court ruling that former President Donald Trump violated the First Amendment when he blocked critics from following his Twitter account. The case had already lost its practical impact given Trump’s election defeat and Twitter’s Jan. 8 decision to permanently ban his @realDonaldTrump account for glorifying violence. But the two sides in the case continued to spar over the fate of the appeals court decision. Before Trump left office, the Justice Department asked the justices to wipe away the precedent, while those suing him sought to keep it intact. The appeals court said a social media account run by government officials can become a constitutionally protected “public forum” if used to conduct official business. The Supreme Court has said t...
