Important Takeaways:
- U.S. District Judge Matthew Schelp snatched the win from the Biden administration in response to a request from six Republican state attorneys general who have challenged the White House’s effort.
- The Republican-led states assert the Department of Education has overstepped its authority by proposing a regulation to cancel student loan debt without an act of Congress.
- The White House counters that the president has used his authority under existing law to ensure borrowers who meet certain qualifications can experience relief from debt accrued in pursuit of higher education.
- Two previous efforts by Biden to fulfill a campaign promise to assist student loan borrowers were defeated in court. His third proposal would hand out $73 billion in student loan debt held by an estimated 27.6 million borrowers.
- In addition to Georgia and Missouri, Republican attorneys general in Alabama, Arkansas, Florida, North Dakota and Ohio are party to the lawsuit challenging the policy.
- Missouri state Attorney General Andrew Bailey celebrated Schelp’s decision on X, calling it a “huge win for transparency, the rule of law, and for every American who won’t have to foot the bill for someone else’s Ivy League debt.”
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Important Takeaways:
- U.S. President Joe Biden announced more than $8 billion in military assistance for Ukraine on Thursday to help Kyiv “win this war” against Russian invaders, using a visit by President Volodymyr Zelenskiy to make a major commitment.
- The aid includes the first shipment of a precision-guided glide bomb called the Joint Standoff Weapon, with a range of up to 81 miles (130 km).
- The bulk of the new aid, $5.5 billion, is to be allocated before Monday’s end of the U.S. fiscal year, when the funding authority is set to expire.
- Another $2.4 billion is under the Ukraine Security Assistance Initiative, which allows the administration to buy weapons for Ukraine from companies rather than pull them from U.S. stocks.
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Important Takeaways:
- Russia’s President Vladimir Putin has flatly stated that any long-range missile strikes carried out by Ukraine against the territory of Russia will constitute an act of war against the Russian Federation by NATO.
- He warns that if Ukraine is empowered to strike Russia with long-range missiles supplied by NATO, the alliance would be at war with his country:
- Putin notes that Ukrainian drone attacks have already taken place within Russia, most recently in Moscow. However, “When it comes to using high-precision long-range Western-made weapons, it’s a completely different story.”
- “The Ukrainian army is not able to strike with modern long-range precision systems of Western manufacture. It cannot do this. It can only do so using intelligence from satellites, which Ukraine does not have. This is data from [European Union] satellites, or from the United States, in general from NATO,” he said.
- Putin believes only NATO servicemen can enter flight assignments for the missile systems, arguing the real question is whether NATO wants to be directly involved in the war in Ukraine or not.
- Putin’s ominous words come after Biden-Harris Secretary of State Anthony Blinken hinted that Ukraine may get the green light to use long-range missiles against Russia earlier this week.
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Important Takeaways:
- Making deals with Islamic terrorists doesn’t work
- “In its boldest move, Hezbollah sent four drones toward the Karish platform several weeks ago, all of which were intercepted by the Israel Defense Forces,” reported The Times of Israel on July 31, 2022.
- This was exactly what surrendering part of the gas field to Hezbollah was supposed to prevent.
- “The proposal for this point involves recognizing it as part of Lebanon, with UN forces deployed there as a neutral party for both sides.” — The Jerusalem Post, September 8, 2024.
- United Nations forces are absolutely useless and pull back whenever there’s any conflict. (Nor is the UN remotely neutral.)
- Hezbollah will claim any territory it gets and attack anyway because that is what Islamic terrorists do. Hezbollah is backed by Iran. It’s going to attack when Tehran tells it to. As an Islamic terror group, attacking non-Muslims and dominating them is a fundamental religious obligation. So making deals with it won’t work.
- Just like making deals with Hamas doesn’t work.
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Important Takeaways:
- The Kremlin has issued yet more warnings following reports that the Biden administration could soon greenlight long-range attacks by Kiev forces on Russian territory using US-supplied arms.
- Both the UK and Canada are on board, we reported earlier, and British Prime Minister Ken Starmer is visiting Washington where he’s directly lobbying Biden to jump on board and grant Zelensky’s urgent request to lift all restrictions on Western weaponry.
- However, The New York Times suggests that saner minds are prevailing at this point. “President Biden’s deliberations with Prime Minister Keir Starmer of Britain about whether to allow Ukraine to attack Russia with long-range Western weapons were fresh evidence that the president remains deeply fearful of setting off a dangerous, wider conflict,” the publication writes.
- Let’s hope this is the case, given this is arguably the most dangerous moment and decision-point of the war to date.
- Russian Ambassador to the US Anatoly Antonov on Friday added to prior Kremlin warnings, telling Rossiya 24 channel that he fears American leadership and the people are under “illusion”.
- He said they seem to think that “if there is a conflict, it will not spread to the territory of the United States of America.”
- Antonov continued by stressing that Americans can’t hide from nuclear war if this unthinkable happens. “I am constantly trying to convey to them one thesis that the Americans will not be able to sit it out behind the waters of this ocean. This war will affect everyone, so we constantly say – do not play with this rhetoric,” Antonov stated according to state media translation.
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Important Takeaways:
- White House officials are signaling that President Joe Biden will not imminently move to block Nippon Steel’s bid to acquire U.S. Steel amid mounting concerns over the political and economic consequences of nixing the deal, according to three people with knowledge of the matter.
- The White House last week had been preparing to announce that the president would formally block the Japanese company’s proposed $14.9 billion acquisition of U.S. Steel on national security grounds.
- White House officials have now indicated that such a decision is unlikely in the short term and may not be made until after the 2024 presidential election
- White House spokeswoman Saloni Sharma disputed that there had been a change of plans, saying an announcement was never imminent and that the president remains committed to waiting for a recommendation from an interagency review board, as the law requires.
- The delay of any announcement, however, comes as investors, Pennsylvania Democrats and some members of the steelworkers’ union warned that the deal’s collapse could spark an economic calamity for Pennsylvania’s beleaguered steel belt.
- The United Steelworkers union, which endorsed Biden for reelection and endorsed Vice President Kamala Harris in her presidential bid, has opposed the transaction from the outset.
- The proposed corporate acquisition has assumed outsize importance given its potential political impact on the 2024 election.
- Without Nippon Steel’s cash, U.S. Steel has warned that it might close some of its aging facilities in the Mon Valley.
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Important Takeaways:
- Blinken stated “I can tell you that as we go forward, we will do exactly what we have already done, which is we will adjust, we’ll adapt as necessary – including with regard to the means that are at Ukraine’s disposal.”
- The question of permission for Ukraine to use long-range weapons inside of Russia is also likely to be discussed at a meeting between British Prime Minister Keir Starmer and US President Joe Biden in Washington on Friday.
- So far, the US has only given Kiev permission to use its munitions to strike inside Russian territory if the targets are just across the border from the embattled eastern Ukrainian city of Kharkiv.
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Important Takeaways:
- A federal judge in Georgia has temporarily blocked President Biden’s administration from implementing its plan to waive federal student loans for almost 30 million borrowers.
- The ruling is the latest in a long series of roadblocks to the administration’s campaign to wipe the slate clean on tens of billions of dollars in student debt via the Higher Education Act of 1965.
- Seven GOP-led states filed the lawsuit earlier this week challenging the Biden administration’s most recent student debt forgiveness plan, accusing the U.S. Department of Education (DOE) of taking steps to cancel loans beginning as early as this week.
- In the lawsuit filed Tuesday in a Brunswick, Georgia, federal court, attorneys general from Republican-led states — including Georgia and Missouri — took aim at a rule by the DOE proposed in April, which would provide for a waiver of federal student loan debts for approximately 27.6 million borrowers.
- The attorneys argue that the DOE does not have the authority to cancel the student loan debt. The Thursday order temporarily restrains the Biden administration from implementing the program.
- Missouri and Georgia are joined in the lawsuit by Alabama, Arkansas, Florida, North Dakota and Ohio.
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Important Takeaways:
- Israel’s military reported an airstrike hitting a weapons warehouse near a Hamas military site in Gaza City, as well as strikes that killed militants in central Gaza.
- Another round of airstrikes targeted more than 10 areas in southern Lebanon overnight, the Israel Defense Forces said Thursday. Those attacks were aimed at locations used by the Hezbollah militant group, the IDF said.
- U.S. President Joe Biden and Israeli Prime Minister Benjamin Netanyahu spoke Wednesday about efforts by the United States to support Israel “against all threats from Iran, including its proxy terrorist groups Hamas, Hezbollah, and the Houthis, to include ongoing defensive U.S. military deployments,” according to a White House statement.
- Negotiators from the United States, Egypt, Qatar and Israel are expected to meet in the coming days in Cairo to try to push forward the process of achieving a cease-fire that would include a halt in fighting and the release of hostages still held by Hamas.
- Netanyahu’s office said Wednesday that Israel insists on achieving all of its goals for the war, including ensuring that Hamas cannot pose a security threat to Israel.
- Hamas on Wednesday reiterated its core demands, which include Israel fully withdrawing from Gaza.
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Important Takeaways:
- Hamas representatives told various media outlets that the provisions U.S. Secretary of State Antony Blinken discussed with Israeli Prime Minister Benjamin Netanyahu that day were a “coup against” a previous Hamas-friendly proposal Israel rejected.
- Blinken was in Israel on Monday to discuss what he called the “last opportunity” for an end to the Israel Defense Forces (IDF) ongoing self-defense operations in Gaza, Hamas’s stronghold territory used to launch the unprecedented October 7 attack on the Israeli homeland. Reaching a ceasefire agreement this week would grant President Joe Biden and his political party a major diplomatic victory to tout during the ongoing Democratic National Convention (DNC)
- Blinken did not specify why the current talks are the “last opportunity” for a deal. Pressed by reporters on Monday, he offered only that “intervening events come along that may make things even more difficult if not impossible” if the parties wait longer to hash out an agreement.
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