U.S. President Joe Biden has announced that he ended his reelection campaign on Sunday after several fellow Democrats lost faith in his mental acuity and ability to beat Donald Trump, leaving the presidential race in uncharted territory.
Biden, in a post on X, said he will remain in his role as president and commander-in-chief until his term ends in January 2025 and will address the nation this week.
The unprecedented announcement reads in part, “It has been the greatest honor of my life to serve as your President. And while it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term,” Biden wrote.
Biden, 81, also announced that he will endorse Vice President Kamala Harris to top the ticket.
U.S. President Joe Biden announced he is ending his troubled reelection campaign amid growing opposition within his own Democratic Party. He endorsed Vice President Kamala Harris to replace him as the party’s candidate against Republican Donald Trump.
FILE PHOTO: U.S. Vice President Kamala Harris has been endorsed by Joe Biden to run for President.
In a post on X, Biden, 81, stated he will continue his role as president and commander-in-chief until his term concludes in January 2025. He plans to address the nation this week. Biden has not been seen publicly since testing positive for COVID-19 and isolating at his home in Rehoboth Beach, Delaware, last week.
“While it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term,” Biden wrote.
Democratic National Committee Chair Jaime Harrison mentioned that the party will soon communicate the next steps and the process for selecting the nominee. This marks the first time in over fifty years that an incumbent U.S. president has relinquished his party’s nomination.
Biden’s campaign faced significant challenges after a faltering debate against former President Trump on June 27. Opposition from within the Democratic Party intensified, with 36 congressional Democrats urging him to withdraw, fearing his candidacy could jeopardise their control of the White House and Congress.
In contrast, the Republican Party showed unity, rallying behind Trump and his running mate, Senator J.D. Vance. If Harris becomes the nominee, she would be the first Black woman to run at the top of a major-party ticket.
Trump expressed confidence that Harris would be easier to defeat. A source familiar with the situation revealed that Biden had a last-minute change of heart, initially planning to stay in the race before deciding to withdraw on Sunday afternoon.
It remains unclear if other senior Democrats will challenge Harris for the nomination or if the party will open the field for nominations. Polls indicate that Harris performs similarly to Biden against Trump.
Congressional Republicans have called for Biden to resign immediately, arguing his incapacity to run for president raises questions about his ability to govern. They have also hinted at potential legal challenges to the Democrats’ move to replace Biden on the ballot.
Biden’s announcement follows mounting pressure from Democratic lawmakers and officials, exacerbated by his poor debate performance and gaffes at a NATO summit. This move makes him the first sitting president to relinquish his party’s nomination since Lyndon B. Johnson in 1968.
If Harris becomes the nominee, it would represent an unprecedented move by the Democratic Party, with Harris being the first Black and Asian American woman to run for the White House. Biden, the oldest U.S. president ever elected, initially set his sights on a second term, believing he was the only Democrat who could beat Trump again. However, concerns over his age and recent poor performance have led to significant pressure for him to withdraw.
Biden’s departure sets up a stark contrast between Harris, a former prosecutor, and Trump, who faces multiple criminal prosecutions related to his attempts to overturn the 2020 election result. Harris has been reaching out to key voter groups in recent months, and her support will be crucial for the Democratic Party moving forward.
Biden accumulated a significant number of delegates during the primary race, but unless the party changes the rules, these delegates will enter the convention “uncommitted,” potentially influencing the nomination process. The outcome of the Democratic National Convention in August will determine the party’s nominee for the presidential election.
U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.
The United States and Israel have launched a sweeping military operation against Iran, striking leadership targets and more than 500 military sites in what President Trump has dubbed Operation Epic Fury.
Explosions have rocked Tehran, with civilians fleeing the capital as U.S. sea and air assets carry out sustained attacks. Washington says the mission is designed to prevent a nuclear armed Iran and has even called on Iranians to rise up against the regime.
Iran has retaliated with a barrage of missiles and drones targeting Israel and U.S. bases across the region, including in Qatar, Kuwait, the United Arab Emirates and Bahrain. While many projectiles were intercepted, a U.S. base in Bahrain sustained damage.
Gulf states long seen as stable hubs for global business are now directly in the firing line, raising fears of a wider regional war.
Oil prices are climbing and tankers are diverting from the Strait of Hormuz as markets react to the escalating conflict. U.S. aircraft carriers, advanced fighter jets and missile destroyers remain in position, signalling more strikes could follow.
With global leaders scrambling diplomatically, the world is watching to see whether this spirals further or shifts back to negotiations.
In Short:
– Iran’s Guard Corps advises ships to avoid the Strait of Hormuz due to rising tensions.
– Tankers have diverted to Qatar and UAE amidst concerns over safety and potential Iranian threats.
Iran’s Islamic Revolutionary Guard Corps has instructed ships to avoid the Strait of Hormuz, a crucial shipping lane linking to the Persian Gulf. About a hundred merchant vessels transit the strait daily, according to the U.S.Tensions have escalated recently as the U.S. increased military presence in the region and Iran issued threats. Western nations are concerned about Iran potentially laying sea mines to disrupt commercial traffic. Currently, no evidence suggests Iran has mined the strait.
Ships have been repeatedly warned against entering the strait, as stated by crews in the area and the European Union’s naval command, Aspides. On Saturday, dozens of tankers diverted, with some seeking refuge in Qatar and the United Arab Emirates while others opted to steer clear of the region, as reported by oil brokers and shipowners.
Shipping Concerns
Tensions continue to impact shipping operations as carriers remain cautious in the Gulf region.
Tanker crews reported hearing explosions near Iran’s Kharg Island, which is vital for the country’s oil exports, as it handles 90% of its crude oil shipments.