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Biden & McCarthy progressing towards debt ceiling deal

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An agreement needs to be reached and passed by both chambers of Congress before the federal government runs out of money to pay its bills

 
U.S. President Joe Biden and House Speaker Kevin McCarthy both underscored their determination to reach a deal soon to raise the federal government’s $31.4 trillion debt ceiling and avoid an economically catastrophic default.

“I’m confident that we’ll get the agreement on the budget. That America will not default,” Biden said.

Biden addressed the looming crisis before leaving for the G7 summit of world leaders in Hiroshima, Japan – a trip cut short due to ongoing negotiations.

“We’re going to come together because there’s no alternative. We have to do the right thing for the country,” Biden continued.

“We have to move on. And to be clear, this negotiation is about the outlines of what the budget will look like, not about whether or not we’re going to, in fact, pay our debts.

“Leaders have all agreed we will not default. Every leader has said that.”

Biden’s comments come after he and top Congressional leaders met in the Oval office, and the president agreed to negotiate directly with McCarthy on a deal, after a months-long standoff.

An agreement needs to be reached and passed by both chambers of Congress before the federal government runs out of money to pay its bills, which could happen as soon as June 1.

Asked by reporters at the Capitol whether it’s possible to reach a debt ceiling deal by the time Biden returns from Asia on Sunday, McCarthy replied, “It’s doable.”

“But now we’re along such a short timeline, it makes it almost harder.

“But if there’s one thing you know from me, I never give up. I have the grit, the perseverance, and we’re gonna get it done,” McCarthy affirmed.

Negotiators are aiming to hammer out an agreement before Biden’s scheduled return.

Congress would then have to act swiftly before the deadline hits.

McCarthy said the House – which Republicans currently control by a slim nine-seat majority – would vote first on any deal before sending it on to the Democrat-controlled Senate for approval.

Senate rules would require at least nine Republicans to go along with any deal. #trending #featured

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UN struggles with Israel-Palestine conflict and climate action

UN faces mounting pressure over Gaza and climate change as global leaders convene for General Assembly amid ongoing crises

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UN faces mounting pressure over Gaza and climate change as global leaders convene for General Assembly amid ongoing crises

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In Short:
– The UN struggles with violence in Gaza and doubts about its role in global conflicts.
– International pressure on Israel increases, with smaller nations relying on the UN to express their concerns.
The United Nations faces significant challenges as it grapples with escalating violence in Gaza and broader global issues.
Delegates are gathering this week in New York for the UN General Assembly, where the UN’s inability to resolve the Israel-Palestine conflict looms large.Historically, the UN aimed to establish peace between Jewish and Arab states in Palestine.

However, its power to address current tensions has diminished, especially with Israel’s continued incursions into Palestinian territories. Israeli officials, including the ambassador to the UN, have vocalised frustrations towards the organisation.

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The UN’s challenges extend to its roles in humanitarian aid and climate initiatives, facing budget constraints and diminished expectations.

Global leaders are questioning the UN’s relevance, particularly regarding pressing issues like the Ukraine conflict.

International Response

Increased international scrutiny of Israel parallels historical situations, leading to calls for intensified diplomatic efforts.

The EU has proposed new measures affecting Israeli imports. Amidst this, smaller nations view the UN as a vital platform to voice concerns that might otherwise go unheard.


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Trump proposes $100,000 H-1B visa fee increase

Trump announces massive H-1B visa fee increases and introduces $1 million ‘gold card’ to reshape immigration system

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Trump announces massive H-1B visa fee increases and introduces $1 million ‘gold card’ to reshape immigration system

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In Short:
– Trump announced a $100,000 fee for H-1B visas and a $1 million residency gold card to boost American hiring.
– Critics argue increased fees may limit smaller firms’ access to foreign talent, impacting U.S. tech innovation.
President Trump announced significant changes to the U.S. immigration system, introducing a new $100,000 fee for H-1B visas and a $1 million “gold card” for residency.
The move aims to increase revenue and promote the hiring of American workers, claiming that many tech companies exploit the current system.The fee increase targets H-1B visa applications, which traditionally have low entry costs.

Trump stated the initiative aims to bring in highly skilled individuals rather than those crossing the borders illegally. A gold card requiring a $1 million payment will expedite visa processing, with a reduced availability compared to existing green card categories.

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The new programme could alter the competitive landscape for U.S. tech companies, which historically depend on H-1B visas to access foreign talent.

Critics warn that the increased fees may deter smaller firms from utilising these visas, potentially hindering U.S. progress in tech sectors like artificial intelligence.

Visa Impact

Debate persists within Trump’s administration regarding the new policy’s implications. Supporters argue it protects American jobs, while opponents contend it restricts access to global talent crucial for innovation.

The H-1B visa programme, established in 1990, remains vital for skilled foreign workers seeking residency in the U.S., yet faces growing scrutiny.


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Fourth death confirmed due to Optus outage issues

Fourth death confirmed following Optus outage that blocked Triple Zero calls for 13 hours during network upgrade

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Fourth death confirmed following Optus outage that blocked Triple Zero calls for 13 hours during network upgrade

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In Short:
– A fourth death is confirmed due to an Optus network failure affecting emergency calls for 13 hours.
– Optus CEO announced an investigation after communication failures and criticism from politicians and emergency services.
A fourth death has been confirmed following an Optus network failure that prevented emergency calls to Triple Zero for 13 hours.
Initially, Optus reported three fatalities, including an infant and two elderly individuals from South Australia and Western Australia. The latest victim is a 49-year-old man from Perth.Optus CEO Stephen Rue expressed deep sorrow over the incident and announced a full investigation into the network update that caused the outage.

He stated that approximately 600 calls to emergency services were disrupted, impacting residents across South Australia, Western Australia, and the Northern Territory.

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Rue confirmed that the outage stemmed from a problematic firewall upgrade and revealed details of communication failures within the company. Politicians and emergency services expressed anger at the lack of timely information during the crisis.

System Failure

South Australian Premier Peter Malinauskas criticised Optus for their incompetence in handling the situation.

The federal communications minister also condemned the company, highlighting that such failures are unacceptable.

The incident follows a previous outage for which Optus was fined $12 million, raising serious concerns about their emergency service handling.


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