Yellen vows no bank bailout

Following the unprecedented collapse of Silicon Valley Bank, the U.S. government took exceptional measures on Sunday to prevent a possible banking crisis. All depositors at the failed institution were guaranteed swift access to their funds, while another significant bank was simultaneously closed down, the Associated Press reported. The declaration was made amidst concerns that the reasons for the collapse of the Santa Clara, California-based bank … Continue reading Yellen vows no bank bailout

Pence: history will hold Trump accountable over Capitol attack

Former Vice President Mike Pence has criticized his former boss, Donald Trump, by stating that history will hold him responsible for his involvement in the January 6 insurrection at the US Capitol. Pence, who was serving as the vice-president at the time, was present in the Capitol when a large group of Trump supporters stormed the building, aiming to obstruct the certification of the 2020 … Continue reading Pence: history will hold Trump accountable over Capitol attack

California faces a new storm as it recovers from recent atmospheric river

As an atmospheric river that led to widespread flooding flowed eastward, California continued to experience wet and miserable weather on Sunday. At the same time, a new storm threatened to bring another round of rain, snow, and gusty winds as early as Monday. According to the National Weather Service, the upcoming storm system could worsen the severe flooding that has already affected many areas of … Continue reading California faces a new storm as it recovers from recent atmospheric river

Massive flooding in California after levee breach has prompted evacuations and rescues

A levee breach on the Pajaro River in Monterey County caused extensive flooding and led to hundreds of evacuations and dozens of water rescues as a result of the recent atmospheric river storm that battered several regions of California. According to Nicholas Pasculli, a Monterey County spokesperson, the levee failure occurred late Friday night, approximately three miles upstream from the town of Pajaro. The issue … Continue reading Massive flooding in California after levee breach has prompted evacuations and rescues

Smuggling boats capsize off San Diego coast, leaving 8 dead

Authorities confirmed on Sunday that two migrant smuggling boats capsized off the San Diego coast, resulting in the deaths of at least eight people. Heavy fog and treacherous surf made the shallow waters dangerous, and the incident is considered to be one of the deadliest maritime human smuggling operations in the United States, the Associated Press reported. According to authorities, a woman who spoke Spanish … Continue reading Smuggling boats capsize off San Diego coast, leaving 8 dead

Iran announces deal to purchase Russian fighter jets

According to state media reports, Iran has completed negotiations to procure Sukhoi Su-35 fighter jets from Russia, indicating a strengthening of defense collaboration between the two nations. Iran’s air force, impacted by economic sanctions, possesses an outdated fleet of planes and has encountered difficulties in obtaining replacement components to maintain its military aircraft, as reported by Breitbart News. In a communication to the United Nations, … Continue reading Iran announces deal to purchase Russian fighter jets

North Korea launches missiles from sub as US and S. Korea hold drills

On Monday, the South Korean and U.S. armed forces commenced their most extensive joint military maneuvers in years, while North Korea claimed to have conducted a trial of submarine-launched cruise missiles in what seems to be a demonstration against the exercises that it perceives as a mock invasion. The missile tests carried out by North Korea on Sunday suggest that the nation is inclined to … Continue reading North Korea launches missiles from sub as US and S. Korea hold drills

Power Supply Restored as Ukraine Recovers from Russian Barrage

Officials reported on Friday that the majority of power supply in Ukraine’s capital has been restored, following the country’s prompt and resolute response to the recent Russian missile and drone attack aimed at crucial infrastructure. As has been the case since early October, the Russian military employed a well-known tactic on Thursday, launching attacks on Ukraine from a distance, while the ground battles in the … Continue reading Power Supply Restored as Ukraine Recovers from Russian Barrage

Silicon Valley Bank collapses after failing to raise capital

On Friday morning, Silicon Valley Bank crumbled following a shocking 48-hour period during which it sparked concerns of a potential banking industry crisis. The regulators in California have designated the Federal Deposit Insurance Corporation as the receiver, CNN reported. According to reports, SVB Financial Group was considering a sale following the sale of billions of dollars’ worth of assets to reimburse its clients, which triggered … Continue reading Silicon Valley Bank collapses after failing to raise capital

McConnell being treated for concussion after fall

According to his spokesperson, Senate Minority Leader Mitch McConnell, a Republican from Kentucky, is receiving medical care for a concussion he sustained from a fall at a Washington, D.C. hotel on Wednesday evening. Senator Mitch McConnell, who is 81 years old, is anticipated to stay at the hospital for a few days to undergo treatment for injuries caused by his fall. McConnell was present at … Continue reading McConnell being treated for concussion after fall

“No public danger” as Norfolk Southern train derails in Alabama

On Thursday, a Norfolk Southern train derailed in Alabama, but both local officials and the company have stated that there is no danger to the general public, ABC News reported. The incident in Alabama occurred on the same day that the CEO of the company testified before Congress about the consequences of a hazardous materials train derailment in Ohio. Connor Spielmaker, a representative for Norfolk … Continue reading “No public danger” as Norfolk Southern train derails in Alabama

Arch-rivals Iran and Saudi Arabia agree to revive ties

Iran and Saudi Arabia, who have been regional adversaries for a long time, have declared their intention to restore diplomatic ties and re-establish embassies in each other’s countries after negotiations led by China in Beijing. Both governments made the announcement through their respective state media agencies. “As a result of the talks, Iran and Saudi Arabia agreed to resume diplomatic relations and re-open embassies … … Continue reading Arch-rivals Iran and Saudi Arabia agree to revive ties

Local media reports six fatalities in shooting at Jehovah’s Witness center in Hamburg

Police report multiple fatalities after a fatal shooting at a Kingdom Hall of Jehovah’s Witnesses in Hamburg on Thursday evening, CNN reported. At least six people are dead and seven people injured, CNN affiliate RTL/NTV reported. Hamburg police stated that the attack took place in the northern German city at approximately 9 p.m. local time (3 p.m. ET) and involves one or more unidentified attackers. … Continue reading Local media reports six fatalities in shooting at Jehovah’s Witness center in Hamburg

Moscow fires barrage of hypersonic missiles, piercing Ukrainian air defenses

On Thursday, over 80 Russian missiles, accompanied by a handful of exploding drones, bombarded residential structures and vital infrastructure throughout Ukraine, resulting in the death of six individuals and leaving hundreds of thousands without power or heating. The most significant assault of its kind in three weeks endangered Europe’s most extensive nuclear power plant by disconnecting it from the power grid for almost half a … Continue reading Moscow fires barrage of hypersonic missiles, piercing Ukrainian air defenses

Cartel says sorry; 5 assassins tied up, dumped in street, apology note left

Narcotics leaders have tied up and left in the street five assassins belonging to the Gulf Cartel who abducted four Americans and murdered two of them, the Daily Mail reported. On Wednesday night, the suspects were apprehended in the heart of the border city Matamoros, along with a truck that was employed during the kidnapping. As they were arrested, the suspects could be seen smirking … Continue reading Cartel says sorry; 5 assassins tied up, dumped in street, apology note left

Special Counsel Urges Judge to Dismiss Trump’s Privilege Assertions in Mar-a-Lago Investigation

People familiar with the ongoing inquiry into the management of classified documents at Donald Trump’s South Florida residence have reported that a federal judge listened to arguments on Thursday regarding Special Counsel Jack Smith’s efforts to obtain additional grand jury testimony from a lawyer representing Trump. During a court session held behind closed doors, Special Counsel Jack Smith’s team pressed Chief Judge Beryl Howell of … Continue reading Special Counsel Urges Judge to Dismiss Trump’s Privilege Assertions in Mar-a-Lago Investigation

Chinese military spy satellite delivery rocket disintegrates over Texas

The USNI News has learned that the second stage of a Chinese rocket that launched three military surveillance satellites in June disintegrated over Texas on Wednesday. Two defense officials have confirmed to USNI News that the four-ton component of a Chang Zheng 2D ‘Long March’ rocket disintegrated on Wednesday over Texas, while hurtling through the atmosphere at a speed of 17,000 miles per hour. As … Continue reading Chinese military spy satellite delivery rocket disintegrates over Texas

New atmospheric river poses life-threatening flood risk for California

AccuWeather meteorologists are cautioning that California could experience severe flooding, mudslides, and avalanches, leading to damage and life-threatening situations as a high-impact storm, rich in moisture and warmer air, is expected to hit the state towards the end of this week. The upcoming heavy rain has the potential to cause rapid melting of snow on intermediate slopes and bring more snowfall to higher elevations, which … Continue reading New atmospheric river poses life-threatening flood risk for California

Biden to propose a 25% billionaire tax

As reported by Bloomberg and confirmed by Axios, the Biden administration is preparing to introduce a range of tax hikes that will target affluent Americans and big corporations. As per reports, the Biden administration’s latest budget proposal to Congress, set for release on Thursday, will feature a 25% minimum tax on the wealthiest 0.01% of the American population. Under the proposed budget, a loophole that … Continue reading Biden to propose a 25% billionaire tax

Senate GOP leader Mitch McConnell hospitalized after fall

On Thursday, Mitch McConnell, the leader of the Senate Republicans, did not attend the Senate session as he had been hospitalized following a fall at a nearby hotel the previous evening. Additional information regarding McConnell’s condition or the duration of his absence was not provided by his office, as reported by the Associated Press. While attending a Senate Leadership Fund dinner at the Waldorf Astoria … Continue reading Senate GOP leader Mitch McConnell hospitalized after fall

Data breach hits ‘hundreds’ of lawmakers and staff on Capitol Hill

On Tuesday, a high-ranking House official reported that the health insurance marketplace for Washington, D.C. experienced a “significant data breach,” which may have exposed the personal identifiable information of hundreds of lawmakers and staff. According to a letter acquired by NBC News, Catherine L. Szpindor, the Chief Administrative Officer, revealed on Wednesday that the U.S. Capitol Police and the FBI had notified her about a … Continue reading Data breach hits ‘hundreds’ of lawmakers and staff on Capitol Hill

Americans who survived a lethal kidnapping in Mexico are undergoing medical treatment at Texas hospital

According to officials, what started as a road trip to Mexico for cosmetic surgery took a harrowing turn when four Americans got embroiled in a drug cartel shootout. The violence resulted in the death of two individuals, while the other two were held captive for several days in an isolated area of the Gulf coast before being rescued from a wooden shack, the Associated Press … Continue reading Americans who survived a lethal kidnapping in Mexico are undergoing medical treatment at Texas hospital

Wagner Group Claims Progress in Bakhmut as Fighting Continues in Eastern Ukraine

The eastern district of Bakhmut has been claimed by Russia’s Wagner paramilitary organization, following the withdrawal of Ukrainian defenders to positions on the western bank of the river that runs through the city in recent days. Russia’s current offensive is primarily focused on the small city of Bakhmut in eastern Ukraine, with the goal of capturing additional territory. The Wagner forces have taken the lead … Continue reading Wagner Group Claims Progress in Bakhmut as Fighting Continues in Eastern Ukraine

FBI Director Says Classified Documents Probes Were Done “By The Book”

After federal agents searched former President Donald Trump’s residence in Florida for classified documents, FBI Director Christopher Wray sent an email to the agency’s personnel three days later, encouraging them to disregard the negative comments from individuals who lack the knowledge and insight of the FBI’s inner workings. The work was done by the book, the FBI director wrote in his August 11th email. “We … Continue reading FBI Director Says Classified Documents Probes Were Done “By The Book”

Democrats ‘deeply concerned’ by report Biden might bring back ‘kids in cages’

The possibility of the Biden administration reintroducing family detention for migrants has stirred up anger among Democrats, evoking memories of the ‘kids in cages’ controversy that occurred during the Trump administration. Upon assuming office, the president terminated this practice and campaigned against it, asserting that “families should remain united.” According to the New York Times, as Title 42, a measure implemented during the pandemic to … Continue reading Democrats ‘deeply concerned’ by report Biden might bring back ‘kids in cages’