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22. Juli 2024 um 23:55

Investors Hedge Against US Presidential Election Concerns

Investors are hedging against concerns over the US presidential election, with Joseph Biden's withdrawal and Kamala Harris' potential nomination as the Democratic candidate. The Cboe Volatility Index surged as stocks fell, but has since slipped. Positioning in the rates market is shifting to gauge the chances of a Federal Reserve rate cut. The 'Trump steepener trade' has unwound, indicating the Treasuries curve is more likely to be driven by Fed policy than election odds. Investors are watching whether earnings from Tesla Inc. and Alphabet Inc. can support valuations, while also monitoring the Secured Overnight Financing Rate for policy expectations. According to Stuart Kaiser of Citigroup and Scott Nations of Nations Indexes, volatility pricing and options positioning reflect these market dynamics, including pressure on S&P 500 call options.
22. Juli 2024 um 23:55

Hunter Biden Drops Lawsuit Against Fox News Over Explicit Images

Hunter Biden, the son of US President Joe Biden, has decided to drop his lawsuit against Fox News concerning the publication of explicit images in the streaming series 'The Trial of Hunter Biden'. The series, which included nude and sex act images, was perceived to violate New York's revenge porn law. Fox News countered the lawsuit, labeling it as 'politically motivated' and lacking in justification. Following pressure from Biden's legal team, the series was promptly removed from Fox Nation's streaming platform. Curiously, the lawsuit withdrawal coincided with President Biden's withdrawal from the 2024 White House race. Despite this development, Biden's lawyer has yet to provide any commentary on the dismissal.
22. Juli 2024 um 23:55

Biden endorses Kamala Harris for president after dropping out of race

Biden endorses Kamala Harris for president after dropping out of race
Joe Biden has endorsed Kamala Harris as the Democratic nominee for president in the upcoming election against Republican Donald Trump. Prominent Democrats, including Nancy Pelosi, have lined up behind Harris, urging delegates to nominate her for president. Harris has a strong record of winning elections and has already received endorsements and donations. However, she lacks backing from Obama and Pelosi. Biden's endorsement comes after he dropped out of the race and cited Harris as the 'best decision'. Harris has quickly gained support and endorsements but faces challenges such as low approval and Republican attacks. She must also unite Democrats to defeat Trump in November. Harris has praised Biden's legacy and aims to define herself before Republicans do. Her campaign has already raised a record-breaking $81 million in 24 hours. The new party nominee will be chosen at the convention next month, where more than 4,000 party officials and activists will gather to vote. Harris could become the first woman and the first person of South Asian descent as president.
22. Juli 2024 um 19:55

Democratic Party Sees Soaring Donations Post-Biden's Exit

Following Biden's withdrawal, Democrats witness a historic surge in online donations exceeding 46 million euros within 7 hours. Expectations are high for unprecedented fundraising levels, managed by Korge at the Biden Victory Fund. With Biden's campaign fund of $96 million now in question, Vice President Harris gains access while potential candidates start afresh. The Democratic Party and state entities hold $144 million for unified messaging, but super PAC coordination restrictions challenge Democrats against the GOP's $285 million lead in fundraising efforts for the upcoming elections.
22. Juli 2024 um 19:55

Israel Balances Tensions with Hamas and Hezbollah Amidst Ceasefire Calls

Israeli Prime Minister Netanyahu faces pressure to secure a ceasefire with Hamas while managing escalating tensions with Hezbollah. As he heads to Washington to meet with President Biden, concerns of a broader Middle East conflict loom. The IDF confronts Hezbollah in southern Lebanon, backed by Iran. Simultaneously, the ongoing conflict with Hamas in Gaza complicates the situation. Netanyahu's diplomatic efforts include potential discussions with former US President Trump for support. With hostilities threatening to spiral, international mediators work towards de-escalation in both Gaza and Lebanon. The complexity of the region's politics necessitates delicate balancing acts to navigate the intricate web of alliances and conflicts.
22. Juli 2024 um 19:55

Biden Administration Allocates Billions for Green Technology in States

The Biden administration has announced grants totaling $4.3 billion for clean energy and climate projects across 30 states. The grants include $396 million for Pennsylvania's industrial decarbonization and $250 million for EV charging on the I-95 corridor. These initiatives aim to cut 971 million metric tons of CO2 by 2050. The funding, sourced from the Inflation Reduction Act and linked to Justice40, prioritizes environmental justice and community-driven solutions. This move contrasts with Trump's deregulatory stance and Supreme Court limitations on federal pollution regulations. Additionally, Biden has expressed support for potential VP candidates Kamala Harris and Shapiro.
22. Juli 2024 um 19:55

The Unprecedented Shake-up in the US Election Campaign

The Unprecedented Shake-up in the US Election Campaign
After US President Joe Biden announced his decision not to seek re-election, the Democratic Party is scrambling to consolidate behind his likely successor, Kamala Harris. While Harris is favored to secure the nomination, she faces rivals within her party as Democrats seek to avoid the appearance of a coronation. Republicans, on the other hand, quickly pivoted to attack Harris and are grappling with their own challenges. The immediate task for Democrats is to navigate the succession process, including the transfer of funding and delegates earmarked for Biden over to Harris or another candidate. This situation is unprecedented as no sitting US president has dropped out of a race this late in the election cycle. The selection process for the Democratic nominee may involve a convention, which could become messy if heated competition breaks out. If Harris becomes president, it is expected that she will maintain Biden's foreign policies, including tough talk and action toward China. However, she will need to overcome her reputation as a loyal but unexceptional vice-president and distinguish herself from Democratic rivals. Overall, the US election campaign is entering a new phase, with Harris now at the center of attention and both parties facing challenges in the race for the White House.
22. Juli 2024 um 19:55

US Democrats Rally Behind Vice President Harris After Biden's Withdrawal

US Democrats Rally Behind Vice President Harris After Biden's Withdrawal
Following President Joe Biden's withdrawal from the presidential race, numerous Democrats have gathered to support Vice President Kamala Harris as his replacement. Influential politicians in the party, such as Michigan Governor Gretchen Whitmer and former House Speaker Nancy Pelosi, have expressed their enthusiasm for Harris's candidacy. Harris, who has faced challenges in gaining popularity, has already received support from high-profile figures like Hillary and Bill Clinton, Alexandria Ocasio-Cortez, and several governors. Additionally, Harris has raised over $50 million in donations since announcing her campaign, indicating a surge in financial support. While Harris's stance on crypto policies and other issues remains unclear, her potential nomination as the Democratic candidate for 2024 could bring a new dynamic to the presidential race and pose a challenge for former President Donald Trump. The upcoming nomination process for the Democratic Party is still uncertain, with debates over the selection method and potential digital voting.
22. Juli 2024 um 14:59

Biden's Exit Boosts Futures and Tech Stocks

Following Biden's withdrawal from the presidential race, U.S. stock futures surge, benefiting Trump and Harris. Megacap tech and Trump-affiliated companies rally. Investors shift focus to economic indicators, Nvidia's China market, Bank of America's sale, and earnings updates from major tech firms. A rise in the dollar against the yen and euro occurs due to Biden's exit and support for Harris. However, analysts caution against overinterpreting this shift, citing its dependence on Trump's election odds. Speculations on potential stock surges post-Trump's victory highlight Nucor, Halliburton, and UnitedHealth Group, alongside top picks from Motley Fool Stock Advisor, including Nvidia's remarkable returns.
22. Juli 2024 um 14:59

Kamala Harris: A Potential Hope for the Democrats

Kamala Harris: A Potential Hope for the Democrats
After President Biden's withdrawal from the 2024 race, Kamala Harris has emerged as a potential candidate for the Democratic nomination. As the first woman and first Black vice president, Harris has the opportunity to make history again if she runs for the most powerful position in the world. However, she faces challenges such as low approval ratings and criticism of her previous presidential campaign. Harris aims to defeat Donald Trump, who has already launched attacks against her. While Harris has shown loyalty to Biden, some Democrats question if she should be nominated by default. Nevertheless, her supporters believe that a unified and excited Democratic party could help her overcome these challenges. Harris's background as a former prosecutor and her stance on key issues like abortion could be advantages in the race against Trump. However, her ability to address the issues of inflation and migration remains uncertain. Despite these uncertainties, Harris has gained significant support from influential Democratic figures and could appeal to a broad range of voters. The selection process for the Democratic nominee is still unclear, but Harris's India connection and her experiences as a woman of color could boost her chances in the 2024 presidential race.
22. Juli 2024 um 14:59

Investors Don't Seem to Care Who Wins the White House

Investors in the crypto market remain largely unaffected by Biden's non-re-election announcement, as Bitcoin and Ether experienced only brief dips before recovering. Betting odds indicate no change in Trump's chances of winning, while Harris' odds increased. However, the Biden-themed meme coin Jeo Boden plummeted 99% from its April peak. On Wall Street, investors expect the election to have little impact on equity markets, with the focus being on Federal Reserve policy. Despite this, strategists warn of potential volatility as indicated by the spike in the VIX. Meanwhile, the crypto market is experiencing a frenzy of memecoins as the US election draws near. Tokens related to Biden have seen a decline in prices, while those inspired by Kamala Harris have surged. Trump-themed memecoins have also seen price hikes following Biden's resignation and an attempted assassination. Overall, the market is anticipating the election outcome but seems largely unconcerned about who wins the White House.
22. Juli 2024 um 14:59

Joe Biden: First Reactions of Americans to His Withdrawal from the Presidential Race

Joe Biden: First Reactions of Americans to His Withdrawal from the Presidential Race
Joe Biden's decision to withdraw from the presidential race has sparked a range of reactions from Americans and world leaders. Kamala Harris is set to become the Democratic candidate, with hopes that she will appeal to Black and young voters. Donald Trump feels betrayed on his platform Truth Social. The withdrawal has created uncertainty, as the Democratic Party Convention will make the final decision. Conservative voters have shown hostility towards Harris. German politicians have praised Biden's decision, emphasizing the importance of transatlantic relations and expressing support for Harris. The Republican Party now needs to develop a new plan after targeting Biden. The withdrawal also raises questions about the future of the Democratic Party and the possibility of a Trump victory. Biden's decision has been met with gratitude for his leadership and efforts to restore honesty, dignity, and integrity. However, concerns about Biden's age and performance in the presidential race have been raised. Overall, Biden's withdrawal has ushered in a new phase in the presidential race, with Harris now taking the lead as the Democratic candidate.
22. Juli 2024 um 14:59

Global Leaders Express Support for Joe Biden Following Withdrawal from Presidential Race

Global Leaders Express Support for Joe Biden Following Withdrawal from Presidential Race
World leaders from various regions have lauded Joe Biden for his 'remarkable' career and unwavering support of Ukraine, emphasizing the critical role of US-EU relations based on the presidency. Amid Ukraine's efforts to secure bipartisan American support and avoid entanglement in US election dynamics, President Zelenskyy has hailed Biden's backing while advocating for enhanced military capabilities. Additionally, interactions with Vice President Harris and former President Trump underscore Ukraine's diplomatic maneuvers. European leaders, including those in the EU, acknowledge Biden's pivotal role in bolstering NATO and Ukraine against perceived Russian aggression. As Biden steps away from the presidential race, discussions revolve around the implications for European security, US foreign policy, and ongoing efforts to safeguard Ukraine's sovereignty.
22. Juli 2024 um 14:59

Iran and Russia Deepen Military Cooperation with Joint Naval Exercise

Iran and Russia have reaffirmed their strategic cooperation with a joint military exercise in the Caspian Sea. The exercise includes tactical exercises, rescue operations, and anti-piracy measures. Ships from the Iranian Revolutionary Guards are also participating. The two countries have been working closely together for years, with Iran supplying drones and glide bombs to Russia, which are also used in the ongoing conflict in Ukraine. The new Iranian President, Massud Peseschkian, aims to improve relations with the West but is not willing to jeopardize cooperation with Russia. Meanwhile, Ukraine has reached a basic agreement with international creditors to restructure its debts, securing further funds for its defense against Russia. The Ukrainian army is successfully using combat drones against the enemy, while Russia claims to have shot down 75 Ukrainian drones overnight. The deployment of long-range US weapons in Germany is being defended by the German Bundeswehr chief as a 'clever deterrence.' Hungary is blocking EU aid for Ukraine. In the midst of all this, a fire at a Russian oil refinery in Tuapse caused by a Ukrainian drone attack has been extinguished. The war in Ukraine is currently a higher priority for the Kremlin than US politics.
22. Juli 2024 um 14:59

Netanyahu's US Visit Amid Political Uncertainty

Israeli Prime Minister Benjamin Netanyahu has embarked on a highly anticipated trip to the United States, describing it as a 'very important journey' taking place during a time of great political uncertainty. Netanyahu's visit comes in the wake of US President Joe Biden's announcement that he will withdraw from the presidential race. Prior to Biden's announcement, Netanyahu's office had confirmed that he would personally meet with the US president on Tuesday. On Wednesday, the Israeli Prime Minister is scheduled to address the US Congress. The US has been providing military and diplomatic support to Israel since the unprecedented attack by the Islamist Palestinian organization Hamas on October 7th. However, there have been significant differences and even tensions between the two governments regarding Israel's military actions. Netanyahu's visit aims to strengthen the alliance between Israel and the United States, address the ongoing conflict in Gaza, and discuss other important objectives between the two countries.
22. Juli 2024 um 09:00

Market Volatility Risks Rise with Biden Exiting Presidential Race

Investors are hedging against election uncertainties with Biden's exit and potential Harris nomination. The Cboe Volatility Index spiked but has since eased. Market focus shifts to Fed rate cut prospects and earnings impact from major tech companies. Trump's policies, if continued, could favor specific sectors like energy and healthcare. Analysts caution on potential market reactions to a Trump victory and warn of price stalling in the crypto market. Historical parallels to past elections add complexity to predicting market outcomes.
22. Juli 2024 um 09:00

Joe Biden: Withdraws from Presidential Race and Supports Kamala Harris

Joe Biden: Withdraws from Presidential Race and Supports Kamala Harris
Joe Biden has announced his withdrawal from the presidential race, endorsing Kamala Harris as his successor. Biden's decision comes after a series of controversies surrounding his age, mental state, and public appearances. Despite this, he highlights his achievements in social and environmental protection during his tenure. The withdrawal, just before the election, marks a dramatic turn of events in the race against Donald Trump. Harris, who is favored by many as the alternative candidate, has received widespread support from prominent party members. As the first black woman to hold the position of Vice President, Harris is seen as a forceful and resilient candidate. However, she faces criticism for her public appearances alongside Biden. The Democratic Party hopes that Harris can bring about a turning point in the election campaign against Trump, who was confident in his chances against Biden. Trump expressed anger at Biden's withdrawal, stating that his team had invested time and money in the fight against him. The Republican Party is now regrouping behind their candidate, J.D. Vance. The withdrawal of the presidential candidate just months before the election and weeks before important deadlines in some states is a delicate maneuver for the Democrats. However, with the support of party leaders and the backing of prominent figures, Harris is emerging as a strong contender in the race.
22. Juli 2024 um 09:00

Russia Intercepts 75 Ukrainian Drones, Fires Iskander-M Missiles at Ukrainian Military Convoys

Russia claims to have intercepted 75 Ukrainian drones over border regions, including 47 over Rostov, 17 over the Black and Azov Seas, and 8 over Krasnodar, as well as individual drones over Belgorod, Voronezh, and Smolensk. In Tuapse, drone fragments caused a fire at an oil refinery, which was extinguished by around 100 security personnel with no injuries reported. Additionally, Russia reportedly launched Iskander-M missiles at two Ukrainian military convoys near Barvenkovo, destroying 60 military assets and killing over 200 Ukrainian troops. This attack highlights the vulnerabilities in Ukrainian air defenses and the ability of Russia to conduct precision strikes deep into Ukrainian territory. Ukraine has not yet commented on the reported attack. In another incident, Russian jets prevented two US B-52H bombers from violating their Barents Sea border, causing the bombers to change course. This comes after recent incidents of Russian jets colliding with a US drone in the Black Sea and conducting aggressive flybys near US ships.
22. Juli 2024 um 05:50

Ukraine's Zelensky Grateful for German Patriot System Delivery

Ukrainian President Zelensky expresses gratitude towards Germany for delivering the third Patriot air defense system, enhancing Ukraine's defense capabilities. Despite the unclear total number of systems delivered, Zelensky stresses the necessity for more air defense resources and emphasizes the fluctuating need of 6 to 25 Patriot systems. Concerns arise regarding potential demands from former President Trump, who during a call pledged to end the Ukraine war upon returning to the White House. Notably, NATO has promised five additional air defense systems to bolster Ukraine's defense. Zelensky also addresses Biden's withdrawal and hopes for strong US leadership in supporting Ukraine amidst ongoing conflict and reports of Russian aggression in various Ukrainian regions.
22. Juli 2024 um 05:50

US election live updates: top Democrats back Kamala Harris as donations surge after Biden steps aside

Prominent Democrats, including top politicians and governors, have thrown their support behind Kamala Harris as she becomes the frontrunner for the Democratic nomination following Joe Biden's withdrawal from the race. Harris' campaign received a surge in donations, with over $50 million raised in the first 24 hours. However, Republicans, including Speaker Mike Johnson, are calling on Biden to resign immediately. Trump's campaign plans to tie Harris to Biden's policies on immigration and the economy, portraying her as the 'co-pilot' of the administration. The race for the presidency is now focused on Harris and Trump, with polls showing a tight race between the two. Despite challenges including uniting the party and addressing issues like Gaza, Harris has gained support from influential figures such as Hillary Clinton and the Congressional Black Caucus. The nomination will be decided at the Democratic National Convention, where Harris needs the support of over 3,800 delegates to secure the nomination. Harris faces the challenge of revitalizing the campaign and attracting independent voters as she aims to become the first woman, Black woman, and person of South Asian descent to potentially serve as president.
22. Juli 2024 um 05:50

Stock Market Today: Asian shares fall after Wall St ends worst week; Biden withdraw from 2024 race

Stock Market Today: Asian shares fall after Wall St ends worst week; Biden withdraw from 2024 race
Asian stocks fell after Biden's withdrawal from the 2024 race, while China cut rates and a global tech outage affected flights, banks, and healthcare. CrowdStrike was blamed for the tech outage, but rivals gained. US futures remained flat, while oil prices rose. The Nikkei was down 1.3%, the Hang Seng was up 0.8%, and the Shanghai was down 0.7%. Meanwhile, the dollar edged lower following Biden's exit, and investors assessed the impact of his departure and the endorsement of Vice President Kamala Harris. Trump's comments on Taiwan rattled global markets, leading to a slump in tech stocks, including Taiwan Semiconductor, ASML, Nvidia, AMD, and Micron. The S&P 500 and Dow also indicated a decline. Johnson & Johnson's earnings beat expectations, but the company trimmed its profit forecast. The stock market faced a summer slump as the tech rally faded, and political risks rose.
22. Juli 2024 um 05:50

World Leaders, With Outlook Uncertain, Praise Biden but Speak Carefully

World Leaders, With Outlook Uncertain, Praise Biden but Speak Carefully
World leaders, including Czech PM Petr Fiala and German Chancellor Olaf Scholz, react cautiously to Biden's decision not to run, with some offering valedictory praise and others expressing uncertainty about the future U.S. president, while praising Biden's foreign policy approach, including strengthening NATO and trans-Atlantic cooperation, in contrast to Trump's isolationism and amid concerns over the Russian invasion of Ukraine; Czech PM Fiala hopes for 'good president' emerging from 'strong and equal candidates'. Leaders from Israel, Ukraine, UK, Canada, Australia, Spain, Poland, and Ireland also express gratitude and commend Biden's leadership. Kremlin spokesman Dmitry Peskov acknowledges Biden's preferred status by Putin but highlights differences in policy between Trump and Biden. The decision is seen as a 'deep rupture' by Transatlantic Coordinator Michael Link, who emphasizes the need for unity in Europe. Keir Starmer, Rishi Sunak, Boris Johnson, John Swinney, Carla Denyer, and James Cleverly from the UK also praise Biden's career and leadership, urging the Democratic party to find a suitable candidate. Australian leaders Anthony Albanese, Peter Dutton, and Kevin Rudd acknowledge Biden's leadership and difficult decision, recognizing the historic moment and the upcoming change in US administration in 2024.
22. Juli 2024 um 05:50

The Unraveling of Biden's Re-election Bid: From Debate Debacle to Harris Uncertainty

The Unraveling of Biden's Re-election Bid: From Debate Debacle to Harris Uncertainty
In a shocking turn of events, US President Joe Biden has decided not to run for re-election, leaving his vice president, Kamala Harris, in a state of uncertainty. Biden's campaign began to unravel after a disastrous debate against Donald Trump, with doubts about his fitness for office growing among voters and party leaders. The media, particularly those loyal to the Republicans, seized this opportunity to attack Biden's age and mental capacity. The pressure mounted, leading to calls for Biden to resign, and ultimately, he made the decision to step aside. Now, with just over three months until the election, Harris finds herself in a challenging position. The Democratic Party faces an unprecedented situation, with no formal mechanism to replace Biden as the nominee. Possible replacements for Biden include Harris, as well as other prominent figures such as Gavin Newsom, J.B. Pritzker, Gretchen Whitmer, Sherrod Brown, and Andrew Yang. The party now faces the task of navigating this uncertain landscape and selecting a new candidate to lead them into the election. This decision will have significant implications for the future of the Democratic Party and the upcoming election.
21. Juli 2024 um 23:55

Kamala Harris' Views on Crypto and the 2024 Election

Kamala Harris, the US Vice President and California native, has not taken a firm stance on crypto. With Donald Trump shifting towards a pro-crypto position and planning to speak at the Bitcoin Conference, Harris may face challenges if they compete in the 2024 election. Harris is likely to continue Biden's policies, as her donors and supporters come from his camp. However, her financial disclosure reveals no digital assets, and she has expressed caution towards AI, which could signal a dismissal of crypto. The upcoming race against Trump, whose VP pick JD Vance may signal a new era for crypto, could be decided by narrow margins. As her campaign unfolds, Harris may garner anti-crypto support. The 2024 election has turned into a battleground for crypto, with both Biden and Trump vying for support from the industry. The Republican National Committee's inclusion of pro-crypto language in their platform has forced President Biden to reconsider his stance and adopt a more crypto-friendly approach. President Biden is being urged to support bipartisan, pro-crypto policies to attract more young voters ahead of the 2024 elections. Kamala Harris has a mixed record on tech and AI regulation, contrasting with Trump's running mate JD Vance, who also has ties to Silicon Valley. Trump's surprise decision to attend the Bitcoin Conference reflects a broader shift within the Republican party, and puts pressure on the Biden administration to reassess its position on cryptocurrency. Kamala Harris, the first female, African-American, and Asian-American vice president, has a strong history of fighting for social issues, and her support was instrumental in bringing Biden to the White House. However, she has faced criticism and low popularity numbers, despite her historic role.
21. Juli 2024 um 23:55

Biden withdraws from the race for the White House and recommends Harris as the candidate

Biden withdraws from the race for the White House and recommends Harris as the candidate
US President Joe Biden, facing doubts about his mental and physical fitness, has withdrawn his candidacy for re-election in November. In a letter to the American people, Biden said it was in the best interest of his party and the country to step aside and focus on his duties as president. He endorsed his vice president, Kamala Harris, as the Democratic candidate. Democratic party leaders praised Biden's decision, while Republicans called for his resignation. Harris, the daughter of a Jamaican father and an Indian mother, is seen as a possible alternative. However, she has low approval ratings in polls. The Democratic party will now begin the process of selecting a new candidate. Biden's withdrawal marks the first time in US history that a president has withdrawn from a race due to concerns about his mental and physical fitness. Politicians in Germany also paid tribute to Biden's decision and his service to his country. The Kremlin in Moscow expects further developments in the four months leading up to the presidential election in the United States.
21. Juli 2024 um 23:55

Trump Criticizes Biden's Withdrawal, Calls for Resignation

After Joe Biden's withdrawal from the race, Donald Trump criticizes him, endorsing Kamala Harris as a replacement. Trump believes Harris will be easier to defeat in the upcoming election. Some Republican leaders call for Biden's resignation, citing his unfitness to serve as president. The Democratic Party faces uncertainty with Biden's decision, as experts like Jennifer N Victor comment on Trump's typical political strategy.
21. Juli 2024 um 19:55

Kamala Harris: A Potential Trump Card in the US Presidential Race

Kamala Harris: A Potential Trump Card in the US Presidential Race
Kamala Harris, Vice President under Biden, is being considered as a potential replacement candidate for the Democrats in the presidential election. Despite criticism, she could gain support on issues like abortion rights. Other potential candidates like Gavin Newsom and Gretchen Whitmer are also being discussed. Harris benefits financially from her joint campaign with Biden and her experience as Attorney General could give her an advantage against Trump. As the first Black person in this office, her candidacy would be significant for the important Black voter group. The position of Vice President had already been seen as a springboard for a presidential candidacy. Furthermore, Harris could benefit from the conservative Supreme Court's decisions on abortion.
21. Juli 2024 um 19:55

Joe Biden withdraws from presidential race following debate debacle

Joe Biden withdraws from presidential race following debate debacle
Joe Biden has announced that he is withdrawing from the 2024 presidential race, endorsing Kamala Harris as the Democratic nominee. Biden cites his party and the country's interests as the reasons for his withdrawal. His decision comes after a disastrous debate performance and mounting pressure from supporters and donors. While Harris is expected to be the nominee, the transition remains uncertain. Biden initially planned to serve only one term and be a 'bridge' to the next generation. This withdrawal raises questions about the replacement candidate and the impact on the Democratic Party. The attempted assassination of former President Trump also adds further chaos to the campaign. Biden's withdrawal has implications not only for the Democrats but also for the Republicans, as Trump has made the age and health of his rivals a focal point of his campaign. The decision to step down shakes up the race just weeks before the election, leaving little time for the Democrats to regroup and build support for a new candidate. The withdrawal also raises concerns about voter enthusiasm and the potential for voter turnout in the upcoming election.
21. Juli 2024 um 14:59

Tech CEOs' Endorsement of Trump: A Bitcoin Play or Political Shift?

Tech CEOs like Elon Musk and prominent figures in Silicon Valley are endorsing Trump not for his crypto support but to benefit from lower taxes, tariffs, and dollar uncertainty. This move signals a shift in the political landscape of the tech industry, with billionaires leveraging their wealth to influence politics. Larry Fink's support for bitcoin has also contributed to the positive outlook of the crypto market. However, Elon Musk's endorsement of Trump poses a gamble for Tesla's future due to potential impacts on EV regulations and government support. The strained relationship between tech leaders and the government, coupled with regulatory battles over antitrust and artificial intelligence, adds complexity to the industry's dynamics and political realignment.
21. Juli 2024 um 14:59

US Secret Service Denies Trump's Requests for More Resources

The US Secret Service rejected former President Trump's pleas for increased protection, citing resource constraints. The denial included requests for enhanced security measures such as extra metal detectors and specially trained dogs. This refusal, revealed after a July 13 assassination attempt on Trump by Thomas Matthew Crooks, has sparked uproar. Secret Service Director Kimberly Cheatle faces scrutiny in a House Committee hearing, with investigations underway. Pennsylvania congressman Brendan Boyle has called for Cheatle's resignation due to security lapses during the Butler rally. The incident highlights tensions between Trump's team and the Secret Service.
21. Juli 2024 um 09:00

Trump Insults Biden and Pelosi in Fiery Rally

Republican nominee Donald Trump held a fiery rally in Michigan, mocking Democratic President Joe Biden as a 'stupid' and 'low-IQ individual' and comparing former House Speaker Nancy Pelosi to a 'dog'. Trump repeated false claims about the presidential election being rigged by Democrats and suggested they are allowing an 'invasion' over the US border. This rally marked Trump's return to the campaign trail after surviving an assassination attempt. He also touted his relationships with world leaders and called for a 'landslide that is too big to rig'. Trump denigrated Vice President Kamala Harris as 'crazy' as well. The event saw a mix of excitement, prayers, and confusion over Trump's new running mate JD Vance. Michigan Republican officials criticized Governor Gretchen Whitmer while Vance challenged Harris's record. Trump portrayed himself as a victim defending the country, with strong support from the crowd. The event featured music by Édith Piaf, Village People, and Kid Rock.
21. Juli 2024 um 05:50

First Campaign Appearance by Trump Since Assassination Attempt - Pressure on Biden Continues to Grow

Donald Trump made his first campaign appearance since the assassination attempt on him a week ago, rallying in Michigan alongside his vice presidential candidate J.D. Vance. Meanwhile, pressure is mounting on Joe Biden to drop out of the race as Trump gains momentum in the polls. Trump survived the assassination attempt and used his speech to attack Biden, Harris, and Michigan Governor Whitmer. He also mentioned his new vice presidential candidate, Vance, the would-be assassin Crooks, former White House doctor Ronny Jackson, and the conservative manifesto 'Project 2025'. Trump's doctor revealed that the bullet narrowly missed his head. Trump claimed that he had received no warning before the assassination attempt and stated that he had 'caught a bullet for democracy'. The election is becoming increasingly tense, with Biden facing doubts about his ability to continue as the Democratic candidate while recovering from COVID-19. As Trump returns to the campaign trail, his aggressive rhetoric and policy proposals are gaining support, putting pressure on Biden to make a decision about his candidacy.
20. Juli 2024 um 23:55

Biden's Decision Looms as Pressure Mounts

Biden's Decision Looms as Pressure Mounts
As pressure mounts for Joe Biden to withdraw from the presidential race, the list of Democratic representatives calling for him to step aside continues to grow. Despite hopes to resume his campaign next week, Biden is confined to his beach house in Delaware, recovering from COVID-19 and reflecting on his future. Growing concerns over the drop in donations, new desertions in Congress, and the Democrats' deteriorating electoral prospects are taking their toll. Biden's campaign manager assures that he remains in the race, but two-thirds of Democratic voters favor a replacement. The US media have been speculating on Biden's potential withdrawal, using phrases like 'could' and 'seems'. While Biden's future remains uncertain, Republicans are preparing for a possible Kamala Harris candidacy and scrutinizing the records of Democratic governors as potential running mates. Biden's decision, if he chooses to step aside, could further divide the Democratic Party and result in the loss of the Black vote.
20. Juli 2024 um 19:55

Biden Faces Calls to Drop Out as Democrats Suggest Alternatives

Biden Faces Calls to Drop Out as Democrats Suggest Alternatives
As President Joe Biden faces growing calls to drop out of the 2024 race, Democratic lawmakers, including Seth Moulton and Adam Smith, question his ability to lead due to his age and performance. Prominent figures like Sherrod Brown, Barack Obama, and Nancy Pelosi have also expressed concerns, while a poll shows that nearly two-thirds of Democrats believe Biden should step aside. Potential alternatives being suggested include Kamala Harris, Gavin Newsom, Gretchen Whitmer, and Josh Shapiro. There are discussions of forming a historic two-woman ticket with Harris and Whitmer, who have the experience and popularity to counter Trump. Al Sharpton, however, believes Biden should make up his own mind about his re-election bid. Black and Hispanic Democrats are holding firm for Biden, defending him to secure Harris's future and expressing concerns about the party's direction. Meanwhile, Biden is stewing at his beach house, resentful of pressure to drop out and questioning the support of his allies. The Trump campaign is also preparing an attack plan against Harris if Biden withdraws as the nominee.
20. Juli 2024 um 19:55

The Impact of Political Violence on Donald Trump's Popularity

Donald Trump wurde bei Schießerei auf Wahlkampfveranstaltung in Butler, Pennsylvania, verletzt
A recent attack on Trump has sparked controversy, with Biden condemning the violence. Pape and the Chicago Project revealing 26M supporters of such actions raise concerns about the upcoming elections. The tense political climate is causing uncertainty among undecided voters. Media coverage of the failed assassination attempt portrays Trump as resilient, potentially enhancing his image against a fading Biden. The prevailing discussion on Americans justifying political violence highlights the complex relationship between violence and politics in the US, raising questions about the effectiveness of condemnations from political figures amidst deep-seated entanglement between the two.
20. Juli 2024 um 14:59

Tech Broligarchs and the Rise of JD Vance: Silicon Valley's Support for Trump

JD Vance, a Yale Law graduate, has become a prominent figure in the tech industry, with strong ties to Silicon Valley's investors and elites. Backed by billionaire Peter Thiel, Vance co-founded venture firms and gained support from prominent tech figures like Elon Musk and Marc Andreessen. This support has propelled his political rise, leading to his selection as a potential VP pick for Trump. The alliance between Silicon Valley and Trump signifies a shift in the industry's political landscape, as tech leaders openly support conservative candidates. However, the relationship between tech and government has become strained, with issues such as regulation, antitrust, and AI development causing tensions. The political realignment in Silicon Valley is also influenced by concerns over rising taxes, crime, and the anti-woke movement in California. As the tech industry's influence in Washington grows, it remains to be seen how the alliance with Trump will shape the future of tech policy and governance.
20. Juli 2024 um 14:59

First Campaign Appearance by Trump Since Assassination Attempt - Pressure on Biden Continues to Grow

Donald Trump holds his first campaign appearance since the assassination attempt, while pressure on Joe Biden to drop out of the race increases. During the rally in Michigan, Trump promises to end the war in Ukraine if he returns to the White House. Over 30 members of the House and four Democratic Senators publicly call for Biden to withdraw. Silicon Valley investor Michael Moritz joins the calls and suspends his donations to the Democrats. Despite being diagnosed with Covid, Biden plans to resume his campaign next week. Trump's lead in the polls is narrowing as he benefits from Biden's weak position, with concerns over his age and mental fitness. Meanwhile, a ceremony in Berlin commemorates the failed assassination attempt on Adolf Hitler 80 years ago. The event sheds light on the often overlooked civilian involvement in the resistance movement. As for vacation plans, Germans are opting for classic Mediterranean destinations or seeking out alternative and adventurous options, such as space travel and polar cruises. CrowdStrike, an IT security provider, inadvertently caused worldwide chaos when a faulty software update crashed its clients' Windows computers. The incident may result in lawsuits and the search for alternative security options.
20. Juli 2024 um 14:59

Germany's Historical Responsibility: Support for Ukraine and Preparing for a Second Trump Term

Germany's Chancellor Olaf Scholz justifies Germany's support for Ukraine by invoking the country's historical responsibility in light of the failed assassination attempt on Adolf Hitler 80 years ago. Scholz condemns Russia's war against Ukraine and emphasizes the need to protect democracy against extremism. Meanwhile, Green European politician Anton Hofreiter rejects concerns about the deployment of US missiles in Germany, stating that it could contribute to more security. On the other hand, SPD parliamentary group leader Rolf Mützenich opposes the delivery of cruise missiles to Ukraine, emphasizing that Germany is already providing arms, financial, and humanitarian aid. Russian state propaganda reacts with satisfaction to the death of Ukrainian politician Iryna Farion, while a Russian drone attack disrupts the power and water supply in the Poltava region of Ukraine. US Secretary of State Antony Blinken believes Ukraine is on its way to self-sufficiency militarily and highlights the commitment of over 20 countries to provide support even if the US withdraws. As the possibility of a second Trump term looms, Germany needs to prepare for potential challenges in defense and trade, particularly with respect to rising tariffs and gas prices. It is crucial for Germany to strengthen its defense capabilities and work towards a united and strong European Union to effectively address these challenges.
20. Juli 2024 um 09:00

Biden Faces Calls to Withdraw as Speculation Mounts

Biden Faces Calls to Withdraw as Speculation Mounts
Joe Biden's campaign chair acknowledges a decline in support but maintains that he will stay in the race. However, pressure is mounting from within the Democratic Party for him to drop out. Kamala Harris is being considered as a potential alternative nominee. Biden's declining poll numbers, concerns from party leaders, and calls for withdrawal from over 28 Democrats in Congress contribute to the speculation. Biden's allies compare his situation to Julius Caesar and there is a growing sense that his campaign is coming to an end. Despite this, Biden insists that he has polling evidence showing he could still win. Meanwhile, Biden reportedly feels betrayed by his allies, as advisers discuss the details of a possible withdrawal. Speaker Emerita Nancy Pelosi has expressed support for an open nomination process if Biden drops out, favoring Kamala Harris as the potential candidate. Overall, there is a belief among Democrats that a change in the presidential nominee is becoming inevitable.
20. Juli 2024 um 09:00

The Brief – No time for a honeymoon period this summer

European leaders face a packed summer of summits, with key challenges including maintaining EU unity on Ukraine support, addressing Trump 2.0 and US isolationism, reining in Viktor Orbán's controversial diplomacy, and facing rocky EU-China ties under Ursula von der Leyen's hawkish leadership. Von der Leyen is focused on de-risking from Beijing and bolstering ties with Indo-Pacific allies. However, obstacles such as the American presidential election and member states' resistance to economic security strategy may hinder her plans. The EU's most powerful members face political vulnerability, leaving a power void for the European Commission to fill. The appointment of a college of commissioners and the upcoming vote on permanent duties on Chinese-made electric vehicles will shape the EU-China relationship for the next five years. Europe's shift to the right under von der Leyen's re-election consolidates anti-immigration policies and poses challenges for progressive forces.
20. Juli 2024 um 05:50

Trump's Party Conference Speech: Calls for Reconciliation but Strong Criticism of Biden

Donald Trump & Vice presidential candidate J.D. Vance, July 16, 2024
In his party conference speech, former President Donald Trump struck a partly conciliatory tone, urging unity in the US while also launching sharp attacks on President Joe Biden. Trump detailed the assassination attempt he narrowly survived and expressed his desire to be a president for all of America. However, as his speech progressed, he returned to his usual hard rhetoric, criticizing Biden for the damage he claims he has caused to the country. Trump repeated his unfounded claim that the 2020 election was stolen from him and referred to himself as a victim of a 'witch hunt' regarding ongoing legal proceedings against him. He blamed Biden for inflation, uncontrolled immigration, and international conflicts, including the war in Ukraine, promising to end these crises. Trump also focused on his usual tirade against irregular migration, vowing to build a continuous border wall with Mexico. The speech concluded with Trump's family joining him on stage, including his previously reclusive wife Melania. Meanwhile, as the Republican convention took place, doubts grew within the Democratic Party about Biden's fitness for a second term, with reports suggesting he may consider withdrawing from the presidential race.
20. Juli 2024 um 05:50

Biden Faces Pressure to Step Aside as Calls for His Resignation Grow

Biden Faces Pressure to Step Aside as Calls for His Resignation Grow
Joe Biden, the current president of the United States, is facing increasing pressure from Democratic lawmakers and donors to drop out of the 2024 race. Polls show that a majority of Democrats believe Vice President Kamala Harris would make a good president and should be nominated instead. Despite this, Biden remains defiant and vows to stay in the race, despite concerns about his age and health. His campaign chair, Jen O'Malley Dillon, acknowledges a decline in support, but Biden is more committed than ever to defeat Trump. Top Democrats, including Barack Obama and Nancy Pelosi, have expressed concerns behind the scenes. Biden's fundraising is drying up, and there are worries about the chaos that would ensue in the Democratic Party if he were to resign. Over 30 House Democrats and 4 senators have called on Biden to quit, while influential supporters like George Clooney and Michael Moritz want him to make way for Harris. The vice president is holding emergency calls with donors, and some polls show she may be more competitive against Trump. Amidst these pressures, Biden's family has reportedly discussed the possibility of him exiting the campaign.
20. Juli 2024 um 05:50

Security Breach Uncovered: Trump Shooter Scoped Event Site with Drone

The attempted assassination of former President Trump was orchestrated by Thomas Matthew Crooks, who used a drone to scout the rally site. Crooks, equipped with homemade bombs and an assault rifle, meticulously planned the attack, monitoring the schedules of Trump and other political figures. The alarming security breach raised concerns, prompting a thorough investigation into the incident and the security measures in place. The discovery of the drone in Crooks' car shed light on the premeditated nature of the failed assassination attempt, highlighting serious lapses in security protocols that require immediate attention.
19. Juli 2024 um 23:55

Biden Administration Forgives $1.2 Billion in Student Debt for Public Service Workers

The Biden administration has forgiven $168.5 billion in student debt for millions, including $1.2 billion for 35,000 public service workers. Despite legal challenges, the forgiveness was made through changes to the Public Service Loan Forgiveness program, aiding teachers, nurses, law enforcement, and first responders. Republican-led states brought legal challenges and injunctions, with the Supreme Court overturning a one-time debt cancellation plan. Amid the legal battles, the administration paused student loan payments for eight million borrowers under the SAVE repayment plan, offering interest-free forbearance and zero-dollar payments for low-income borrowers.
19. Juli 2024 um 23:55

Trump's Promise to End International Crises: Key Messages

In his speech at the Republican Party convention, former US President Donald Trump pledged to end every international crisis if he returned to the White House. He blamed the current government for conflicts around the world and vowed to restore peace, stability, and harmony globally. Trump also expressed his intention to build a missile defense system similar to Israel's Iron Dome. However, he did not provide details on how he would achieve these goals. Trump's remarks have raised questions about his strategy and the potential consequences. Critics argue that his violent rhetoric and populist approach could undermine the democratic process and create divisions within the US. They emphasize the importance of saving the American institution and restoring social and intellectual peace. Furthermore, Trump's statements have sparked concerns among smaller states and allies who fear being sacrificed for a grand bargain with China and Russia. This could lead to chaos and prompt countries to seek their own deals, potentially destabilizing regions like Asia. The situation in Taiwan exemplifies the complex dynamics at play, where fears of abandonment by the US have prompted some to consider direct deals with China. Overall, Trump's promises to end international crises have elicited both support and skepticism, highlighting the need for careful diplomacy and a focus on global security.
19. Juli 2024 um 23:55

US government aims to ban single-use plastics from federal agencies by 2035

The US government plans to eliminate single-use plastics from all federal agencies by 2035, citing the doubling of plastic production and waste over the past two decades. This decision aims to combat ocean pollution and protect public health. President Joe Biden's administration intends to gradually phase out the use of single-use plastics for catering, events, and packaging by 2027, extending to all federal activities by 2035. As the largest purchaser of goods and services globally, the US government's move could have significant implications for the global markets. In 2022, the Biden administration already banned single-use plastics from national parks in the US. Every year, approximately 15 million tons of plastic, including disposable items such as bottles, food packaging, and bags, end up in the oceans, according to the environmental organization Oceana. They welcomed the new plan by the US government to gradually reduce the reliance on single-use plastics. In November, the final round of UN negotiations on a treaty to reduce plastic waste will take place in South Korea.
19. Juli 2024 um 23:55

Trump Accepts GOP Nomination, Biden Faces Pressure to Drop Out

Former President Donald J. Trump formally accepted the Republican nomination at the party's convention, where he described surviving an assassination attempt and honored a slain firefighter. While initially striking a conciliatory tone, Trump soon attacked his rival, Joe Biden, who is reportedly considering dropping out of the race following a poor debate performance and warnings from prominent Democrats including Pelosi, Jeffries, and Schumer. Opinion polls indicate that Biden is struggling in key swing states, with four out of seven considered out of reach for him. Senator Tester, the 21st Democrat, has even called for Biden to drop out. Meanwhile, Biden is isolating with COVID-19 and facing pressure from senior Democrats to withdraw from the race. Despite these challenges, Biden's campaign manager defends his candidacy and emphasizes the need for him to prove his commitment to winning. Trump's running mate is JD Vance, and his reaction to a shooting was praised by Mark Zuckerberg.
19. Juli 2024 um 19:55

Elon Musk's Support for Trump and Political Involvement Contrasts with Other Tech CEOs

Elon Musk, CEO of Tesla and SpaceX, has endorsed Trump's running mate JD Vance and pledged $45m/month to a pro-Trump PAC. Unlike tech leaders like Zuckerberg and Dorsey, who have avoided political endorsements, Musk has become increasingly vocal in his support for conservative causes. He has reinstated banned accounts and promoted right-wing narratives on his platform X, even after the assassination attempt on Trump. Musk's endorsements reflect his business interests, including government subsidies and access to resources like lithium. He has also endorsed other candidates and promoted conspiracy theories. In contrast, CEOs of YouTube, Snap, and TikTok have largely avoided political involvement. The Washington Post found that Twitter previously throttled traffic to sites critical of Musk, while a Pew Research poll showed the platform becoming more popular among conservatives. Additionally, JD Vance's path to becoming Trump's VP pick involved ties with Silicon Valley investors, including Peter Thiel, and significant financial support from tech elites.
19. Juli 2024 um 19:55

Far-right Israeli minister Ben-Gvir's inflammatory Al-Aqsa visit and the ongoing Israel-Gaza conflict

Far-right Israeli minister Ben-Gvir's inflammatory Al-Aqsa visit and the ongoing Israel-Gaza conflict
Far-right Israeli minister Itamar Ben-Gvir's controversial visit to the Al-Aqsa Mosque threatens the fragile ceasefire between Israel and Hamas. The recent Gaza offensive led by Israel has resulted in hundreds of casualties and sparked international outcry. Israeli Prime Minister Benjamin Netanyahu claims that pressure is advancing negotiations for the release of captives. In response, Hamas has called for action, accusing Israel of undermining peace talks. The intense bombing in Gaza has tragically killed innocent families, further fueling tensions. As Israelis who were previously held captive by Hamas plan to protest, the region remains on edge. The Hamas-led attack on October 7 resulted in the deaths of 1,139 Palestinians, while Israel's war on Gaza has caused the deaths of 38,848 and left 89,459 wounded. The US Secretary of State Antony Blinken has expressed optimism about the ceasefire negotiations, stating that the agreement is close to the goal line. However, the high death toll and destruction caused by Israel's offensive since the October 7 attack continue to complicate the path to peace. The future of Gaza and Israel's security remain uncertain, as the conflict highlights the challenges of finding a long-term solution that balances self-determination for Gaza and security for Israel. The ongoing violence and lack of progress in hostage negotiations further exacerbate the already dire situation. As the international community urges a resolution, the need for bold actions and a change in approach becomes increasingly urgent.
19. Juli 2024 um 19:55

Bitcoin Surges Amid Political Developments and Price Predictions

Bitcoin Surges Amid Political Developments and Price Predictions
Bitcoin soars as Trump's election odds rise, hitting $62,508. Positive impact expected from his pro-crypto stance. Meanwhile, crypto ETFs attract $1.35 billion, reflecting improved sentiment due to lower CPI. In a bullish turn, Bitcoin climbs to $66.7K amidst a global tech outage, led by Solana. Speculation on Biden's withdrawal causes market dip, with Bitcoin and Ether falling but Solana rising. A report predicts Bitcoin may reach $1 million by 2033, driven by ETF launches, institutional adoption, and supply-demand effects of halving events.
19. Juli 2024 um 19:55

Biden's Future Uncertain as Pressure Mounts for Him to Withdraw

Biden's Future Uncertain as Pressure Mounts for Him to Withdraw
Speculation is growing that President Biden may withdraw from the race, as calls for his resignation increase among Democrats. Biden is recovering from COVID-19 and feeling 'betrayed' by his allies. While his campaign insists he will stay in the race, there has been a decline in support and growing doubts about his ability to defeat Trump. Several Democratic officials have urged Biden to step aside, and there are reports that he is considering his options. Kamala Harris is being touted as a potential replacement nominee. The Democratic National Committee is pushing ahead with plans to nominate a candidate, and the timetable for a possible withdrawal is tightening. Biden's declining poll numbers, the drop in donations, and the desertions in Congress are all contributing to the pressure. While Biden insists he can win, there is a sense among some that 'it's game over' for his campaign. As the speculation continues, the focus now shifts to whether Biden will make the decision to withdraw and who could potentially take his place as the Democratic Party's nominee.
19. Juli 2024 um 19:55

Trump's RNC Speech: Unity, Violence, and Omissions

Donald Trump & Vice presidential candidate J.D. Vance, July 16, 2024
Donald Trump delivers his keynote speech at the Republican National Convention, emphasizing unity after surviving an assassination attempt. The event showcases figures like wrestler Hulk Hogan and UFC president Dana White. Trump tactfully avoids mentioning Joe Biden and Kamala Harris by name. The absence of discussion around abortion, once a central issue for the party, reflects the GOP's recent uncertainty. Democrats cautiously find optimism in Trump's emotional recounting of the assassination attempt. Teamsters leader Sean O'Brien delivers a divisive speech, praising Trump while criticizing greedy corporations. The convention features felons like Trump, Manafort, Stone, Navarro, Blagojevich, and Bannon, highlighting the irony of the 'party of law and order.'
19. Juli 2024 um 14:59

Trump Vows High Tariffs on China-Made Cars

In his acceptance speech as the Republican presidential nominee, Donald Trump pledged to impose high tariffs on car imports, including those from China, with the aim of revitalizing the US auto manufacturing industry. While he did not repeat his previous promise to impose 60% tariffs on Chinese goods, Trump maintained a tough stance on trade with China. He criticized President Joe Biden's support for electric vehicles, calling them 'green new scams.' Experts suggest that Trump's targeting of specific industries, such as EVs, may have limited impact on China, as the US is a small market for Chinese electric car manufacturers. However, there may still be room for the US and China to address their trade disputes and potentially revive the 2020 Phase 1 trade agreement requiring China to buy an additional $200 billion of American goods and services.
19. Juli 2024 um 13:28

US Election Campaign Live Ticker: Trump accuses Biden of more damage than the 'ten worst presidents'

US Election Campaign Live Ticker: Trump accuses Biden of more damage than the 'ten worst presidents'
In his nomination speech, Donald Trump accused Joe Biden of causing more damage to the country than the 'ten worst presidents' in history. He claimed that the damage caused by Biden is unimaginable. However, fact-checkers have pointed out that Trump made over 20 false claims in his speech, including accusations of electoral fraud and record inflation. Trump also avoided addressing the issue of Taiwan in his speech, raising concerns about his administration's stance on the country. Despite these false claims and omissions, Trump's speech was met with applause from his supporters. Meanwhile, there is growing speculation about Joe Biden's candidacy, with some suggesting that he may withdraw from the race due to his recent positive COVID-19 test and declining poll numbers. Biden's withdrawal would have significant implications for the election, and the Democratic Party may need to quickly find a new candidate. Overall, the election campaign continues to be filled with misinformation and exaggerations from both sides.
19. Juli 2024 um 13:28

Trump's GOP Convention Speech Mixes Unity and Controversy

Donald Trump & Vice presidential candidate J.D. Vance, July 16, 2024
In his speech accepting the GOP nomination, Donald Trump called for unity while launching attacks on his Democratic opponents. The Republican convention featured speakers with conflicting messages, including Vance, Haley, and DeSantis. Trump avoided discussing the 2020 election but criticized the 'fake documents case'. Despite controversies surrounding Trump, including an assassination attempt, criminal indictments, and impeachment, convention speakers attempted to paint a softer image of him. Republicans appear confident heading into the election, while Biden's campaign faces uncertainty. Trump's speech, following an assassination attempt on him, aimed to portray him as a unifier. However, he deviated from the script and criticized Biden, blaming him for inflation, uncontrolled immigration, and the conflict in Ukraine. Trump also promised to end international crises and secure an 'incredible victory' in the election. The Republican convention omitted Trump's election lies at the main stage to avoid extreme positions, but right-wing activists in media row continued to discuss conspiracy theories. The party's strategy to appeal to a wider audience included featuring a diverse lineup of speakers, including Black and brown individuals, to counter accusations of racism. However, Trump's history of anti-Black and xenophobic policies raises questions about the authenticity of these efforts. Undecided voters, like Arnel Ramos, were not swayed by Trump's speech and remained uncertain about their choice in the election.
19. Juli 2024 um 13:28

Biden's Political World in Turmoil as Allies Call for Him to Step Aside

Biden's Political World in Turmoil as Allies Call for Him to Step Aside
President Biden's political world is in turmoil as major donations have fallen off and grassroots fundraising is not keeping up. Allies are increasingly calling for him to step aside, concerned that his continued presence may risk the Democrats' control of Congress. The campaign is now expecting only 25% of the big donor money that was originally projected. Biden's recent positive Covid test and subsequent retreat to his vacation home have created a sharp contrast with former President Trump's appearance at the RNC. The public call from Schiff for Biden to abandon his nomination, along with other Democratic leaders expressing dire concerns, has put pressure on Biden. Despite publicly insisting that he's not going anywhere, Biden has shown openness to the idea of stepping aside. His stumbles, such as mixing up names and losing his train of thought, have added to the lack of excitement surrounding his campaign. Allies close to Biden suggest that he may indeed drop out, and there are rumors that he may endorse Kamala Harris as his replacement. The uncertainty surrounding Biden's future has created a sense of instability in American politics, with questions about who will be the Democratic nominee if he does indeed step aside.
19. Juli 2024 um 13:28

Bitcoin's Price Predictions Soar: $150K, $190K Forecasts and Biden's Impact

Bitcoin's Price Predictions Soar: $150K, $190K Forecasts and Biden's Impact
Key figures like BlockFills' John Divine foresee Bitcoin hitting $150,000 by year-end, driven by bullish indicators from SkyBridge Capital and Standard Chartered. Market dynamics hint at a swift rise to $100,000 pre-U.S. election, fueled by miners, traders, and speculators. With minimal capital deployment during retracements, breaching the $72,000 mark could trigger a surge to new highs, potentially reaching $150,000 by December 31st. Additionally, forecasts suggest a $190,000 price target based on 'crazy tight' Bollinger Bands. Biden's possible withdrawal has implications for Bitcoin trading dynamics, with North Korea-linked hacks affecting WazirX and crypto tokens themed after popular tech issues emerging.
19. Juli 2024 um 08:06

Key Takeaways from Trump's Speech at the Republican National Convention

In his speech at the Republican National Convention, Donald Trump accepted the GOP nomination and addressed divisive rhetoric, world crises, and election fraud claims. He highlighted his survival of an assassination attempt and portrayed himself as messianic. Trump discussed undocumented immigration, lower crime rates, and linked a Hamas attack to Biden's Iran policy. He criticized Biden's handling of the Afghanistan withdrawal and the Russia-Ukraine war. Trump emphasized his decision to leave his business to serve and referred to Nancy Pelosi as 'crazy'. He also emphasized his caring and family-oriented side. Despite efforts to portray him as inclusive, Trump's speech quickly turned into divisive rhetoric and attacks on Democrats. The speech focused on familiar us-versus-them themes, which may not win over undecided voters. Trump's speech also included baseless claims of election fraud and attacks on Democrats. He pledged to unite the country but devolved into attacking his political enemies and promising retribution. Overall, Trump's speech highlighted his determination and his belief that he is the one 'saving democracy' for the people, not the Democrats.
19. Juli 2024 um 08:06

Biden Faces Mounting Pressure to Withdraw from 2024 Race

Biden Faces Mounting Pressure to Withdraw from 2024 Race
Joe Biden is facing increasing pressure to drop out of the 2024 presidential race due to poor polling, concerns about his electability, and his age and fitness. Allies such as Obama, Schumer, and Jeffries have expressed doubts about his chances. Pelosi has shared data showing Biden losing to Trump. Biden's recent positive COVID-19 test has further fueled discussions about his withdrawal. The Democratic Party is attempting to fast-track Biden's nomination through a virtual roll call. Discussions about his potential withdrawal are ongoing on Capitol Hill. Biden's doctor has confirmed that he is experiencing mild COVID symptoms, but his vital signs are normal. The decision for Biden to withdraw could have significant implications for the Democratic Party and the upcoming election.
19. Juli 2024 um 05:50

Donald Trump's Keynote Speech at the Republican National Convention

Donald Trump & Vice presidential candidate J.D. Vance, July 16, 2024
Donald Trump, the Republican candidate, closes the national convention with his keynote speech. He is expected to present a more moderate image after suffering an attack. The event features figures such as wrestler Hulk Hogan and UFC president Dana White. Trump will avoid mentioning Joe Biden and Kamala Harris by name. The speech is taking place at the Fiserv Forum, home of the Milwaukee Bucks. Donald Trump will give his speech on the final day of the Republican national convention. JD Vance, junior senator of Ohio, has formally accepted the Republican VP nomination. Prior to Trump's speech, his son Eric is expected to speak. Tucker Carlson, a Fox News star, fired up the convention crowd with an unscripted monologue. He made thinly veiled cracks about President Biden's age and praised former President Trump. The convention puts emphasis on Trump's physical vigor, featuring Kid Rock, Hulk Hogan, and the UFC CEO. Former President Trump aligns with Republicans on immigration, emphasizing border security.
19. Juli 2024 um 05:50

Trump accepts GOP nomination amidst Biden's contemplation of dropping out

President Donald Trump formally accepted the Republican nomination, recounting his survival of an assassination attempt and paying tribute to a fallen firefighter. While he initially struck a conciliatory tone, he later attacked his Democratic rival Joe Biden. Reports suggest that Biden is considering dropping out of the race following a poor debate performance and warnings from prominent Democrats such as Nancy Pelosi and Chuck Schumer that he cannot win. Trump's entrance at the convention was theatrical, featuring his wife Melania and running mate J.D. Vance. His campaign claims competitiveness in Democratic-leaning states, while polls indicate that Biden is struggling in four out of seven competitive states. Senator Jon Tester, a Democrat, has called for Biden to withdraw from the race. Meanwhile, Biden's campaign has been plagued by concerns about his age, debate performance, and declining poll numbers, with some Democrats privately pressuring him to step aside. Despite these challenges, Biden has insisted that he is committed to continuing his candidacy.
19. Juli 2024 um 05:50

US Stocks Tumble as Tech Share Rebound Falters

US Stocks Tumble as Tech Share Rebound Falters
US stocks experienced a significant downturn as the rebound in tech shares faltered. The decline was driven by new trade tensions with China, which caused major indexes to fall, with the energy sector being the only one to advance. The Dow Jones index led the decline, as volatility increased. In Europe, equity markets were mixed, while the European Central Bank kept key rates steady. President Biden announced plans to target companies supplying China with semiconductor technology, putting pressure on Tokyo Electron, ASML, and Taiwan's TSMC. Additionally, speculation about former President Trump's potential 2024 presidential run added to election anxiety. The tech sell-off also impacted Asian markets, with Hong Kong, Australia, South Korea, and Japan all experiencing declines. Despite the overall market decline, Nvidia, AMD, and other chip stocks attempted a rebound after the sell-off. Intel, in particular, saw gains due to its expanding chip fabrication business and the potential for increased domestic chip manufacturing capabilities in the US and Western allies.
18. Juli 2024 um 23:55

Chip Stocks Plummet on Trade Fears and Taiwan Comments

Chip stocks experienced a significant decline, losing $480 billion in value due to concerns over China trade tensions and recent comments made by former President Trump regarding Taiwan. The US is considering tightening export restrictions on advanced semiconductor technology to China, which has contributed to the decline in chip stocks. Major companies such as ASML Holding, Nvidia, AMD, Qualcomm, Micron, Broadcom, and Arm saw their stocks drop by 5-11%. However, some US manufacturers like Intel, GlobalFoundries, and Texas Instruments benefited from the situation. The world's largest contract chipmaker, TSMC, also experienced a 6% fall in stock price due to Trump's Taiwan defense comments. Overall, the chip industry is facing increased uncertainty and potential restrictions that could impact global markets. Investors are closely monitoring the situation and its potential impact on the stock market and semiconductor sector.
18. Juli 2024 um 23:55

Elon Musk's Support for Trump and Its Impact on Tesla

Elon Musk, CEO of Tesla and SpaceX, has endorsed Donald Trump and may fund a pro-Trump super PAC to help his re-election campaign. While Musk's policies could benefit his companies, they also align with his ideology on issues like AI regulation. The Wall Street Journal reported that Trump discussed offering Musk an advisory role if re-elected, and Musk has sued OpenAI and Microsoft over AI safety concerns. Despite facing potential negative consequences, including federal investigations and a decrease in potential customers due to his political affiliations, Musk's support for Trump could be a strategic move to secure his position in the US market and gain support from a different group of buyers. The image of Musk himself may not significantly impact Tesla's sales, as consumers prioritize quality and technological advancements over the CEO's political views. Ultimately, the success of Tesla will depend on factors such as technological innovation and competition in the electric vehicle market.
18. Juli 2024 um 23:55

Hunter Biden Seeks Dismissal of Criminal Cases Using Trump Special Counsel Ruling

Hunter Biden, son of President Biden, is attempting to have his criminal convictions on gun charges and tax evasion dismissed by arguing that the special counsel prosecuting him was unlawfully appointed, mirroring a ruling in the Trump classified documents case. Hunter Biden's lawyers contend that the special counsel appointments violate the Appointments Clause and reference a recent Supreme Court opinion by Justice Clarence Thomas. Despite prosecutors' confidence in rejecting the request, Hunter Biden faces a trial in LA on tax charges related to his past addiction, with a potential sentence of up to 25 years, but likely a lighter punishment under guidelines.
18. Juli 2024 um 23:55

Republican convention focuses on foreign policy as JD Vance prepares for speech

MILWAUKEE, WISCONSIN - 16. JULI: Der Mehrheitsführer im Repräsentantenhaus Steve Scalise, der republikanische Präsidentschaftskandidat und ehemalige US-Präsident Donald Trump und der republikanische Vizepräsidentschaftskandidat, US-Senator J.D. Vance
The Republican National Convention (RNC) has centered around the theme of 'Make America Strong' with a focus on foreign policy, including US aid to Ukraine. JD Vance, formerly a Trump critic, is set to speak at the RNC as Trump's VP pick. The convention has featured endorsements from Trump's former opponents, including Nikki Haley and Ron DeSantis. President Biden is also addressing Latino advocates in Las Vegas, while the White House reaffirms its support for transgender minors' surgeries. In other news, a former White House official has been accused of being a South Korea agent. The RNC theme of 'Make America Strong' highlights divisions on Ukraine aid and provides an opportunity for attacking Biden on Afghanistan and the Israel-Gaza conflict. Trump, in his first speech since an assassination attempt, is expected to discuss his plans for a second term in office.
18. Juli 2024 um 23:55

Biden's Political World in Turmoil

Biden's Political World in Turmoil
President Biden's political world is collapsing as major donations have fallen off and grassroots fundraising struggles to keep up. Allies are calling for him to step aside, concerned that his campaign risks taking down control of Congress. The campaign expects only 25% of the big donor money originally projected. Biden has tested positive for Covid-19 and has retreated to his vacation home, in stark contrast to former President Trump's appearance at the RNC. Democratic leaders, including Nancy Pelosi, have expressed concerns and some have brought dire warnings to Biden. Despite his public insistence that he's not going anywhere, Biden has shown openness to the idea of stepping aside. His campaign has been marked by stumbles, such as mixing up names and losing his train of thought, and lacks excitement. The future of Biden's re-election bid remains uncertain, and many are speculating that he may have to leave the race.
18. Juli 2024 um 19:55

Bitcoin Rally Amid Trump's Election Odds Surge

Bitcoin Rally Amid Trump's Election Odds Surge
Bitcoin surged to $62,508, up 8.6%, following an increase in Trump's election odds post-assassination attempt. The crypto market anticipates a positive impact from Trump's pro-crypto stance. Crypto ETFs attracted over $1.35 billion, reflecting a sentiment shift due to lower CPI. Despite struggles around $65K, experts predict a potential stall in the crypto rally amidst a stock market sell-off. A report forecasts bitcoin hitting $1 million by 2033, attributing this surge to factors like ETF launches and institutional adoption. Bitcoin continues to battle the $65,000 resistance, with analysts relying on technical tools for bullish projections. Additionally, crypto gamblers have wagered over $7 million on Biden exiting the 2024 presidential race. Despite tech stock declines, crypto markets remain stable, with Bitcoin at $64,800 and Ether at $3,465.
18. Juli 2024 um 19:55

The Impact of Crypto in US Politics

Trump gibt die Wahl von Senator J.D. Vance zum Vizepräsidenten bekannt
Cryptocurrency has become a central topic in US politics, with key players taking stances on its regulation and potential benefits. Ethereum co-founder Vitalik Buterin warns against supporting 'pro-crypto' candidates without scrutinizing their broader policies, while Charles Hoskinson advocates for single-issue voting for crypto-friendly candidates. The crypto industry has become a key factor in the 2024 US presidential election, with Ripple backing a candidate in a senate race against Elizabeth Warren and nearly half of American voters planning to invest in crypto. Both President Joe Biden and former President Donald Trump are vying for the support of the crypto industry, with Trump promising to end what he calls Biden's 'war on crypto'. Tech billionaires like Elon Musk and the Winklevoss twins are endorsing Trump to deregulate crypto. The need for clear crypto regulations is emphasized, as well as the importance of holding elected officials accountable and supporting pro-crypto candidates.
18. Juli 2024 um 19:55

Trump's Resurrection and the Cult of Personality

The attempted assassination of Donald Trump has transformed his image into that of a martyred messiah for his supporters. The shooting has sanctified him and brought forth a new gospel among his followers. To them, Trump is now a martyr, resurrected and the second coming all at once. His survival is seen as a miracle and divine intervention, solidifying his position as the chosen one. Trump's supporters, including prominent Republicans and evangelical figures, proclaim the new gospel and attribute his survival to God's protection. The shooting has also raised questions about the performance of the Secret Service and the local law enforcement. Conspiracy theories have emerged, with some supporters claiming a Democratic plot and others questioning if Trump staged the attack himself. The incident highlights the high rates of violence and political tensions in the US, and the increasing influence of misinformation in shaping political narratives.
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