Taylor Swift's 'Eras Tour' concerts cost Toronto Police about $1.9 millionBiden says he was ‘stupid’ not to put his name on pandemic relief checks like Trump didBA stewardess facing sack after online post revealing she was on flight taking Liam Payne’s body home
By JOSH BOAK WASHINGTON (AP) — President Joe Biden said Tuesday he was “stupid” not to put his own name on pandemic relief checks in 2021, noting that Donald Trump had done so in 2020 and likely got credit for helping people out through this simple, effective act of branding. Biden did the second-guessing as he delivered a speech at the Brookings Institution defending his economic record and challenging Trump to preserve Democratic policy ideas when he returns to the White House next month. Related Articles National Politics | Biden issues veto threat on bill expanding federal judiciary as partisan split emerges National Politics | Trump lawyers and aide hit with 10 additional felony charges in Wisconsin over 2020 fake electors National Politics | After withdrawing as attorney general nominee, Matt Gaetz lands a talk show on OANN television National Politics | What will happen to Social Security under Trump’s tax plan? National Politics | Republican-led states are rolling out plans that could aid Trump’s mass deportation effort As Biden focused on his legacy with his term ending, he suggested Trump should keep the Democrats’ momentum going and ignore the policies of his allies. The president laid out favorable recent economic data but acknowledged his rare public regret that he had not been more self-promotional in advertising the financial support provided by his administration as the country emerged from the pandemic. “I signed the American Rescue Plan, the most significant economic recovery package in our history, and also learned something from Donald Trump,” Biden said at the Washington-based think tank. “He signed checks for people for 7,400 bucks ... and I didn’t. Stupid.” The decision by the former reality TV star and real estate developer to add his name to the checks sent by the U.S. Treasury to millions of Americans struggling during the coronavirus marked the first time a president’s name appeared on any IRS payments. Biden and Vice President Kamala Harris , who replaced him as the Democratic nominee , largely failed to convince the American public of the strength of the economy. The addition of 16 million jobs, funding for infrastructure, new factories and investments in renewable energy were not enough to overcome public exhaustion over inflation, which spiked in 2022 and left many households coping with elevated grocery, gasoline and housing costs. More than 6 in 10 voters in November’s election described the economy as “poor” or “not so good,” according to AP VoteCast, an extensive survey of the electorate. Trump won nearly 7 in 10 of the voters who felt the economy was in bad shape, paving the way for a second term as president after his 2020 loss to Biden. Biden used his speech to argue that Trump was inheriting a strong economy that is the envy of the world. The inflation rate fell without a recession that many economists had viewed as inevitable, while the unemployment rate is a healthy 4.2% and applications to start new businesses are at record levels. Biden called the numbers under his watch “a new set of benchmarks to measure against the next four years.” “President-elect Trump is receiving the strongest economy in modern history,” said Biden, who warned that Trump’s planned tax cuts could lead to massive deficits or deep spending cuts. He also said that Trump’s promise of broad tariffs on foreign imports would be a mistake, part of a broader push Tuesday by the administration to warn against Trump’s threatened action. Treasury Secretary Janet Yellen also issued a word of caution about them at a summit of The Wall Street Journal’s CEO Council. “I think the imposition of broad based tariffs, at least of the type that have been discussed, almost all economists agree this would raise prices on American consumers,” she said. Biden was also critical of Trump allies who have pushed Project 2025 , a policy blueprint from the Heritage Foundation that calls for a complete overhaul of the federal government. Trump has disavowed participation in it, though parts were written by his allies and overlap with his stated views on economics, immigration, education policy and civil rights. “I pray to God the president-elect throws away Project 2025,” Biden said. “I think it would be an economic disaster.” Associated Press writer Fatima Hussein in Washington contributed to this report.The standard Lorem Ipsum passage, used since the 1500s "Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" Thanks for your interest in Kalkine Media's content! 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Ducks forward Trevor Zegras has surgery on torn knee meniscus, will be out for 6 weeks( MENAFN - PR Newswire) NEW YORK, Dec. 16, 2024 /PRNewswire/ -- Roman DBDR Acquisition Corp. II (the "Company") announced today the closing of its initial public offering of 20,000,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $200,000,000. The Company's units began trading on December 13, 2024 on the nasdaq Global market ("Nasdaq") under the ticker symbol "DRDBU." Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "DRDB" and "DRDBW," respectively. Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of warrants, $201,000,000 (or $10.05 per unit sold in the offering) was deposited in the Company's trust account. The Company is a blank check company formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, the Company intends to focus its initial search on companies in the cybersecurity, artificial intelligence or financial technology industries. The Company's management team is led by Dixon Doll, Jr., its Chief Executive Officer and Chairman of the Board of Directors (the "Board"), John C. Small, its Chief Financial Officer, and Dr. Donald G. Basile, its Chief Technology Officer. The Board also includes James Nelson, James Nevels, Bryn Sherman and Michael Woods. B. Riley Securities acted as sole book-running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any. The offering is being made only by means of a prospectus or by contacting B. Riley Securities by telephone at (703) 312-9580, or by emailing [email protected] . A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission ("SEC") on December 12, 2024. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward-Looking Statements This press release contains statements that constitute "forward-looking statements," including with respect to the proposed initial public offering and the anticipated use of the net proceeds thereof. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the "Risk Factors" section of the Company's registration statement and prospectus for the Company's initial public offering filed with the SEC. Copies of these documents are available on the SEC's website, . The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Investor Contact: Roman DBDR Acquisition Corp. II John Small [email protected] (917) 273-8429 SOURCE Roman DBDR Acquisition Corp. II MENAFN16122024003732001241ID1109000322 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Ducks forward Trevor Zegras has surgery on torn knee meniscus, will be out for 6 weeks
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Chinese FM slams US' sanctions on Chinese firm over so-called firewall compromiseUnion minister Jyotiraditya Scindia on Friday asserted that satellite spectrum allocation will not follow a first-come-first-serve basis, while also addressing the recent controversy over personal remarks made against him in Parliament by an Opposition MP. Also Read : Union Ministers Jyotiraditya Scindia, Sukanta Majumdar walk the ramp at Ashtalakshmi Mahotsav | Video Speaking at the Times Network’s India Economic Conclave, Scindia emphasised that auctioning spectrum for satellite services was not feasible due to scientific constraints. “No country in the world auctions satellites because it’s physically impossible. The pricing will be decided by the Telecom Regulatory Authority of India. That authority will assign the price, and based on that, the spectrum will be assigned to everyone that procures a license,” he said. Also Read : Aim of 3-day festival is to bring NE states to the world: Scindia The minister explained that satellite spectrum must be shared due to physical principles, making administrative allocation the global standard. “You can only auction something that is committed to a certain individual. For satellite phones, you have to point your antenna, and that’s when you get the signal, and it keeps shifting,” Scindia said. Also Read : TMC’s Banerjee apologises for remarks on minister Scindia Speaking about State-owned telecom operator BSNL, Scindia said the company has been posting operational profits since 2021, with revenues increasing by about 12% to ₹ 21,000 crore while expenditure reduced by 2%. He added that BSNL’s delayed 4G launch was due to its choice to use indigenous technology, with plans to roll out 100,000 towers by June 2025 Addressing the Parliament controversy, Scindia stressed the importance of maintaining decorum in democratic discourse. “In my 22 years of political experience, I have never made a personal remark about anyone. There should be a standard in politics,” he said, referring to offensive comments made by Trinamool Congress MP Kalyan Banerjee during a discussion on the Disaster Management (Amendment) Bill on Wednesday. Lok Sabha Speaker Om Birla on Thursday said that Banerjee had submitted a written apology for his remarks, though Scindia refused to accept it, calling it a “personal attack on me and the women of India”.
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