News

Will the Inflation Reduction Act keep Joe Biden in power?

Published

3 years ago

August 17, 2022

Omer Kablan

Alongside going down in history as a $430 billion bill to tackle climate change, the inflation act aims to lower prescription drug prices and lower the inflation rate- which saw a 40 year high earlier this year.

What is the Inflation Reduction Act and will it be enough to keep Joe Biden in power?

The bill will also make sure Medicare can lower drug prices for the elderly and large corporations pay the tax they owe.

And the democrats say that- the way it will take on inflation is through lowering the federal deficit. And even though economists say this is possible- they also maintain their stance that this won’t happen overnight. In fact it will take years.

As for the Republican Party, they’re critical of the bill.

Senate Republican leader Mitch McConnell said

“Democrats robbed Americans last year by spending our economy into record inflation. This year, their solution is to do it a second time. The partisan bill President Biden signed into law today means higher taxes, higher energy bills, and aggressive International Revenue Service audits”.

But this bill is part of a trend of legislative string victories for the Democrats.

And the latest word is that they will now be capitalising on this especially considering that the November midterms are fast approaching and Joe Biden’s approval ratings are poor across the country.

And the best way to that is money and ads.

Reports from within the Democratic part indicate that millions will be spent to pump up President Biden for the election.

And with the Inflation act now passed, climate change groups and Biden supporter bases will target voters in swing states; which are U.S. states where the two major political parties have an equivalent level of support among voters.

The midterm elections will be tough for both parties.

And it doesn’t seem like either has the momentum for now.

News

OpenAI prepares first consumer device amid revenue boom

OpenAI plans to launch a screenless smart speaker by late 2026, shifting focus to hardware amid significant revenue growth.

Published

17 hours ago

January 20, 2026

Harvey Vargas

OpenAI plans to launch a screenless smart speaker by late 2026, shifting focus to hardware amid significant revenue growth.

OpenAI is gearing up to launch its first-ever consumer hardware device in late 2026. The product is expected to be a screenless smart speaker, signalling the tech giant’s move beyond software and into the world of physical devices.

The device comes after OpenAI acquired a promising hardware startup to accelerate development.

The company is also pushing a strategy to strengthen domestic manufacturing, working closely with U.S. manufacturers to secure efficient production of essential components.

Despite the progress, technical hurdles remain, especially around the device’s listening capabilities, which could delay the rollout.

This development comes on the heels of OpenAI reporting an annualised revenue of over $20 billion in 2025, representing a staggering 233% increase from the previous year. The combination of massive revenue growth and expansion into hardware marks a new era for the AI pioneer.

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News

Putin invited to Trump’s Gaza Peace Board

Putin invited to U.S.-led ‘Board of Peace’ for Gaza amid ceasefire efforts and reconstruction debates.

Published

17 hours ago

January 20, 2026

Harvey Vargas

Putin invited to U.S.-led ‘Board of Peace’ for Gaza amid ceasefire efforts and reconstruction debates.

Russian President Vladimir Putin has reportedly received an invitation to join the U.S.-led ‘Board of Peace’ for Gaza, according to the Kremlin. The council, created by President Donald Trump, is designed to maintain a ceasefire between Israel and Hamas while overseeing the region’s reconstruction.

Kremlin spokesman Dmitry Peskov said Moscow will review the details of the invitation before responding. The board has already extended invitations to several world leaders, with some nations confirming their participation.

The proposal has sparked debate because the Trump administration reportedly requires participating nations to pay $1 billion to secure a permanent seat. Putin’s potential involvement also raises concerns, given his ongoing conflict with Ukraine.

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#GazaPeace #Putin #Trump #MiddleEast #InternationalRelations #WorldLeaders #Ceasefire #GlobalPolitics

News

Trump escalates Greenland standoff as Europe weighs retaliation

Denmark boosts Greenland troops as Trump pushes U.S. control, prompting European leaders to seek diplomatic solutions amidst rising tensions.

Published

18 hours ago

January 20, 2026

Harvey Vargas

Denmark boosts Greenland troops as Trump pushes U.S. control, prompting European leaders to seek diplomatic solutions amidst rising tensions.

Denmark has deployed additional troops to Greenland after President Donald Trump renewed his push for U.S. control of the island, linking the issue to what he claims cost him a Nobel Peace Prize.

The move has raised alarm across Europe, with leaders scrambling to prevent a fresh transatlantic crisis.

Trump has warned of tariffs against countries opposing American control of Greenland, calling the territory vital to U.S. security interests. Norway’s Prime Minister Jonas Gahr Støre has privately raised concerns with Trump, while EU officials assess potential coordinated countermeasures.

Despite the rhetoric, European leaders remain cautious. With U.S. influence deeply embedded in Europe’s defence and security framework, the bloc is keen to avoid further escalation as diplomatic negotiations continue behind the scenes.

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