Tag Archives: News

Front Page: The New York Times — April 29, 2023

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Fed Slams Its Own Oversight of Silicon Valley Bank in Post-Mortem

The Federal Reserve faulted its oversight of Silicon Valley Bank, saying it failed to take forceful enough action to prevent its collapse.
CREDITJIM WILSON/THE NEW YORK TIMES

The Federal Reserve released hundreds of pages documenting how bank supervision and regulation failed to prevent the lender’s collapse. The F.D.I.C. released a separate report on Signature Bank.

North Carolina Gerrymander Ruling Reflects Politicization of Judiciary Nationally

The North Carolina Supreme Court reversed itself on Friday on a key voting rights case after its majority flipped from Democratic to Republican.
CREDITSEAN RAYFORD/GETTY IMAGES

When it had a Democratic majority last year, the North Carolina Supreme Court voided the state’s legislative and congressional maps as illegal gerrymanders. Now the court has a Republican majority, and says the opposite.

Homeless in the City Where He Was Once Mayor

Craig Coyner’s descent onto the streets of Bend, Ore., came after decades spent fighting as a lawyer and politician for those on the edge of society.

Gov. Hochul Gets a Budget Deal, but No Signature Win

The budget deal contained a series of hard-fought wins for the governor, but left her without a grand policy achievement to trumpet.

News: China Attends India Security Summit, Sudan Cease-Fire Holds, Ukraine

The Globalist, April 28, 2023: China’s defence minister, Li Shangfu, attends a security summit in India. Also, the latest on the situation in Sudan with Yassmin Abdel-Magied, Ukraine’s looming counteroffensive and Italy’s prime minister, Giorgia Meloni, visits London.

Plus: Jessie Ware comes to Midori House to talk about her latest album.

Front Page: The New York Times — April 28, 2023

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U.S. Economy Continues to Grow, but More Slowly

CREDITKARL RUSSELL

Gross domestic product increased 1.1 percent in the first quarter as consumer spending remained robust despite higher interest rates.

Biden Faces His First Big Choice on Debt Limit

President Biden faces a cascading set of decisions as the nation barrels toward default. He will need to find what, if any, common ground on spending cuts he has with Republicans.
CREDITDOUG MILLS/THE NEW YORK TIMES

After Republicans passed a bill that pairs spending cuts and fossil fuel support with raising the nation’s borrowing cap, the president must decide when and how to negotiate

New York Officials Failed to Address the Housing Crisis. Now What?

The state seemed poised to take the first meaningful action in decades to address its deep housing shortage. But the plans fell apart, in yet another indictment of dysfunction in Albany.

Meet the Climate Hackers of Malawi

On tiny farms they’re testing creative ideas to stay ahead of the cascading threats — heat and drought, cyclones and floods — transforming their world.

News: China Ups Nuclear Arsenal, Belarus Military, Serbia & Kosovo Tensions

The Globalist, April 27, 2023: China pushes ahead with the largest-ever expansion of its nuclear arsenal, while Asean nations discuss a nuclear-free zone. Men in Belarus are summoned for military training and tensions are rising between Serbia and Kosovo.

Plus: the business news with journalist Chris Johnston and a look ahead to our Design Issue, with Monocle’s Nic Monisse.

Front Page: The New York Times — April 27, 2023

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House G.O.P. Passes Debt Limit Bill, Paving the Way for a Clash With Biden

Speaker Kevin McCarthy barely cobbled together the votes to pass his debt limit plan, which would cut spending and roll back parts of President Biden’s agenda.
CREDIT

House Republicans narrowly passed a bill to raise the debt ceiling while cutting spending by nearly 14 percent over a decade. President Biden has vowed to veto the measure.

On Eve of Trial, Discovery of Carlson Texts Set Off Crisis Atop Fox

The discovery of the texts added pressure on the Fox leadership as it sought to find a way to avoid a trial in the Dominion defamation lawsuit.
CREDITREBECCA NOBLE FOR THE NEW YORK TIMES

Private messages sent by Tucker Carlson that had been redacted in legal filings showed him making highly offensive remarks that went beyond the comments of his prime-time show.

In Searing Detail, Trump’s Accuser Tells Her Story

E. Jean Carroll, who says Donald Trump raped her, told a chilling story on the stand. The former president harangued her from outside the courtroom.

In an Indian Village, Cultivating Girls’ Big-League Dreams

A new $500 million women’s cricket league is offering the kind of opportunities that never existed before in India. The girls of one Punjab village are ready.

News: South Korea’s Yoon Visits U.S., Tunisia Tensions, Central America Violence

The Globalist, April 26, 2023: South Korea’s president, Yoon Suk-yeol, visits the US, the deteriorating political and economic situation in Tunisia, and a conversation with the secretary general of the Norwegian Refugee Council about violence in Central America.

Plus: Monocle’s Tokyo bureau chief, Fiona Wilson, on animation and Japanese soft power.

Front Page: The New York Times — April 26, 2023

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Biden Announces Re-election Bid, Defying Trump and History

President Biden is already the oldest president in American history and, if he were to win again, he would be 86 at the end of a second term.
CREDITDOUG MILLS/THE NEW YORK TIMES

While the president once pitched himself as “a bridge” to a new generation of Democratic leaders, he has decided that he is not ready to turn the torch over yet.

Analysis: Biden Faces Headwinds, but Democrats See Reasons for Optimism

President Biden, delivering remarks at the White House last week, announced on Tuesday that he would seek a second term.

President Biden’s poll numbers remain low, but structural advantages have Democrats insisting he is far better positioned than his Republican rivals.

Harry Belafonte, 96, Dies; Barrier-Breaking Singer, Actor and Activist

In the 1950s, when segregation was still widespread, his ascent to the upper echelon of show business was historic. But his primary focus was civil rights.

A Bleak Outlook for Manhattan’s Office Space May Signal a Bigger Problem

Remote work and rising interest rates are dealing a double blow to office landlords, with potentially grave consequences for the city and even national economy.

News: Russia’s Foreign Policy, China Backtracks, North Sea Energy Meeting

The Globalist, April 25, 2023: An update on the war in Ukraine as Russia’s foreign minister, Sergei Lavrov, visits New York. Also, leaders from the largest-ever coalition around energy in the North Sea meet in Belgium.

Plus, Spanish authorities exhume the remains of a fascist leader.the papers with Charles Hecker and a culture round-up with Amah-Rose Abrams.

Front Page: The New York Times — April 25, 2023

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Ukraine’s Spring Offensive Comes With Immense Stakes for Future of the War

Damage in Izium, Ukraine, last week. A failed counteroffensive could lead to waning Western support in Ukraine.
CREDITMAURICIO LIMA FOR THE NEW YORK TIMES

Without a decisive victory, Western support for Ukraine could weaken, and Kyiv could come under increasing pressure to enter serious peace talks to end or freeze the conflict.

Tucker Carlson, a Source of Repeated Controversies, Is Out at Fox News

Tucker Carlson’s announcement was made less than a week after Fox settled a defamation suit for $787.5 million.
CREDITREBECCA NOBLE FOR THE NEW YORK TIMES

Mr. Carlson has been one of the network’s top-rated hosts for many years.

What Tucker Carlson Leaves Behind as He Is Shown the Door

The host’s abrupt dismissal upends Fox News’s prime-time lineup — and the carefully honed impression that the ratings star was all but untouchable.

These Countries Lined Up to Help Ukraine. Now Their Farmers Are Angry.

A grain deal that got Ukrainian exports moving and eased a global food crisis is now fueling protests in Romania and among other staunch supporters of Kyiv.

News: Civil War In Sudan, Belarus Nuclear Rhetoric, Croatia ‘Be Manly’ Group

The Globalist, April 24, 2023: The latest on Sudan as fears grow that the country is on the brink of a full-scale civil war. Plus: why Belarus is parroting Russia’s nuclear rhetoric, Croatia’s “Be Manly” movement and the Malmö-Copenhagen metro route.