Most Authentic News Portal
[ad_1] The result, announced just minutes before financial markets in Asia reopened, was sweeping: The federal government would provide SVB’s depositors with access to all their funds, effectively averting painful financial uncertainty — and the threat of heavy losses — for thousands of venture-backed startups. Signature Bank, which had followed SVB into insolvency, would receive…
[ad_1] The moves by Biden hold important implications for big business and the economy. Federal regulators had little choice over the weekend but to intervene to rescue depositors at the failed Silicon Valley Bank along with Signature Bank in New York and take other actions to protect financial institutions. But the White House noted that…
[ad_1] The White House has been mulling the Willow decision for weeks. The deliberations have focused on the legal constraints posed by the fact that Conoco has held some leases for decades and “has certain valid, existing rights granted by prior Administrations, limiting the Biden Administration’s options,” the official continued. Stopping new oil leases, plus…
[ad_1] Publicly, there has been little separation between Biden and Ukrainian President Volodymyr Zelenskyy, an alliance on full display last month when the American president made his covert, dramatic visit to Kyiv. But based on conversations with 10 officials, lawmakers and experts, new points of tension are emerging: The sabotage of a natural gas pipeline…
[ad_1] Biden pledged to halt new oil and gas development on federal land during his 2020 campaign, and he and Democrats in Congress passed landmark climate legislation last summer aimed at weaning huge swaths of the economy off of fossil fuels. But the surge in oil prices after Russia’s invasion of Ukraine forced the administration…
[ad_1] An American citizen of Iranian origin, Siamak Namazi, who has been held in Tehran’s Evin prison for seven years, has beseeched US President Joe Biden for his release and two other American nationals. 51-year-old Namazi, was speaking in an unprecedented interview with CNN on behalf of himself, 58-year-old businessman Emad Shargi, and 67-year-old environmentalist…
[ad_1] The controversy surrounding Delaney’s nomination is unusual for a Biden judicial pick, compounded with further concerns voiced by some Democratic members on the panel. The New Hampshire judicial nominee is under particular scrutiny for his representation of St. Paul’s School in a school sexual assault case. During that case, Delaney filed a motion that…
[ad_1] The cloud has “become essential to our daily lives,” Kemba Walden, the acting national cyber director, said in an interview. “If it’s disrupted, it could create large potentially catastrophic disruptions to our economy and to our government.” In essence, she said, the cloud is now “too big to fail.” The fear: For all their…
[ad_1] In late 2021 when Washington was warning of the looming threat of a Russian invasion of Ukraine, the big European capitals of Paris and Berlin were too distracted to pay much attention. Then von der Leyen stepped in. In November 2021, she met Biden in the White House and he sounded the alarm. Within…
[ad_1] The new legislation — co-sponsored by eleven other lawmakers, including six Democrats — underscores rising bipartisan impatience with Biden’s efforts to contain TikTok and deal with broader digital threats from China. With the administration’s own national security review of TikTok, which is being conducted by the the interagency Committee on Foreign Investment in the…