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@ISIDEWITH submitted…4hrs4H
President Biden on Monday urged Qatar’s ruling emir, Sheikh Tamim Bin Hamad Al Thani, to pressure Hamas to accept the cease-fire proposal Israel offered.The two leaders spoke on the phone, during which they confirmed that the cease-fire and hostage release deal is on the table and that the next step is Hamas taking it.The president on Friday announced the terms of an Israel-led proposal that includes a three-part road map to an end to fighting and the release of all remaining hostages, signaling the strongest indication yet of an end to the war since the Oct. 7 attacks.“The President confirmed Israel’s readiness to move forward with the terms that have now been offered to Hamas,” according to a readout of the call. “He urged Amir Tamim to use all appropriate measures to secure Hamas’ acceptance of the deal and affirmed that Hamas is now the only obstacle to a complete cease-fire and relief for the people of Gaza.”Israel offered the deal after conversations with the United States and the leaders of Qatar and Egypt, as well as other Middle Eastern countries, Biden said Friday. The proposal was transmitted to Hamas via Qatar on Thursday.Biden, on the call on Monday, “emphasized that this is the best possible opportunity for an agreement, and that Hamas’ ongoing refusal to release hostages would only prolong the conflict and deny relief to the people of Gaza,” according to the White House.He also confirmed that the U.S., Egypt, and Qatar would “would work to ensure the full implementation of the entire agreement.”
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@M0derateImpala from Minnesota submitted…12hrs12H
California's budget deficit has ballooned to $45 billion. Mr. Newsom projects that the new healthcare minimum wage would cost the state $4 billion more a year owing to higher Medicaid costs and compensation for workers at state-owned facilities. Legislative analyses warned about these costs, but Mr. Newsom signed the law anyway.California’s current minimum wage for all workers is $16 an hour. Nearly all workers at healthcare facilities including janitors will have to be paid at least $25 an hour by 2028.California’s wage minimums are another illustration of how progressive mandates boomerang. Average weekly earnings for leisure and hospitality employees in California have declined by 2.6% over the last year owing to a steep drop in hours worked. By contrast, those average weekly earnings rose 3% nationwide, 3.2% in Florida and 5.2% in Texas.California’s wage minimums are another illustration of how progressive mandates boomerang. Average weekly earnings for leisure and hospitality employees in California have declined by 2.6% over the last year owing to a steep drop in hours worked. By contrast, those average weekly earnings rose 3% nationwide, 3.2% in Florida and 5.2% in Texas.Average hourly earnings for California leisure and hospitality workers have also increased more slowly—2.1% compared to 3.8% nationwide—no doubt partly because the state’s softer labor market has reduced competition for workers.When government raises wages above what the market commands, employers will increase prices and reduce labor. California, QED.
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“A California lifeguard can retire at age 40 with 75% of his/her salary. The pension is fully indexed to the CPI. There a…”
@CommittedG3rrym4nder from Massachusetts submitted…4hrs4H
Sen. Bob Menendez, D-N.J., has filed a petition with nearly 2,500 signatures, to run for reelection as an Independent, despite being on trial for federal bribery charges.After much speculation over whether Menendez would run for re-election — given the various criminal charges he faces of conspiracy, obstruction of justice, bribery, acting as a foreign agent, extortion and honest services fraud — he revealed in March that he would not be filing for the Democratic Senate primary.Instead, Menendez proclaimed at the same time, his desire to run as an independent if he is exonerated during his summer trial.He did not immediately respond to Fox News Digital’s request for comment on his bid for reelection.Menendez and his wife, Nadine, have both pleaded not guilty to bribery and obstruction of justice charges. They are accused of accepting hundreds of thousands of dollars in bribes in the form of cash, gold bars and a Mercedes-Benz, for the benefit of various business persons and the Egyptian government.
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@ISIDEWITH submitted…3hrs3H
Oil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to the market this year, adding to the bearish momentum crude has been experiencing for months.OPEC and its allies over the weekend agreed to start rolling back some production cuts starting in October, earlier than many market watchers had expected. The curbs will continue in full in the third quarter, before gradually phasing out over the following 12 months. Analysts had been torn on whether the decision would be bearish for crude, or whether the group would still be able to diligently manage the market.Oil has dropped over the past two months as geopolitical risks ebbed and demand showed signs of weakening. Evidence of a softening physical market has also arisen, with Brent’s prompt spread narrowing to 13 cents, closely approaching a bearish contango structure that signals ample supplies in the near future.“The market is coming to terms with the wind-down of the voluntary cuts starting in October,” Ryan McKay, a commodity strategist at TD Securities, wrote in a note on Monday. “The easing of supply risk premia has already been weighing on prices and spreads, and the OPEC agreement has done little to turn that tide.”
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“Biden handled this amazingly well”
@CurlewEvafrom Ohio submitted…9hrs9H
President Biden is expected to sign an executive order Tuesday that would ban migrants who cross the border illegally from claiming asylum, allowing them to be quickly deported back to Mexico or their home countries, according to officials familiar with the planning.The order, which Biden plans to sign…
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@ISIDEWITH submitted…2hrs2H
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