President-elect Donald Trump effectively derailed bipartisan budget negotiations on Wednesday, rejecting the proposed legislation and accusing it of favoring Democrats. Billionaire Elon Musk, a close ally, played a key role in stirring opposition through social media, rallying Republican lawmakers and constituents against the bill. In a joint statement with Vice President-elect JD Vance, Trump dismissed the measure and called for renewed negotiations. Musk, who is set to co-lead a task force on government efficiency with entrepreneur Vivek Ramaswamy, launched a social media campaign against the bill, labeling it an example of overspending. On his platform X, Musk threatened to support primary challenges against any lawmaker backing the legislation. Trump echoed the sentiment, amplifying Musk’s rallying cry, “Stop the steal of your tax dollars!” Trump named Time Person of the Year 2024 The budget deal’s collapse highlights Musk’s growing political clout. Rep. Andy Barr of Kentucky reported an influx of calls from constituents influenced by Musk’s posts, stating, “The people who elected us are listening to Elon Musk.” Trump and Vance urged Republicans to tie the debt ceiling extension to the budget deal, arguing it was better addressed while President Joe Biden is still in office. “Let’s settle this debate now rather than during our administration,” they said. The setback created uncertainty for House Speaker Mike Johnson, who negotiated the bill and faces a re-election challenge as Speaker. The slim Republican majority in the House increases the risk of renewed leadership disputes. Lawmakers were blindsided by Trump’s opposition, with many attending year-end celebrations when the announcement was made. Senior Republican appropriator Rep. Steve Womack commented, “Nothing surprises me anymore.” The Biden administration criticized Republicans for jeopardizing the bipartisan deal, warning of the potential harm to Americans. White House Press Secretary Karine Jean-Pierre urged Republicans to prioritize stability over politics. Biden grants clemency to over 1,500 individuals in historic single-day action While Musk’s involvement thrilled some, like Rep. Dan Bishop of North Carolina, others expressed concern about his lack of political experience. Grover Norquist, a veteran of budget battles, praised Musk’s influence but questioned his expertise in legislative matters, saying, “He doesn’t know politics like he knows physics.” Despite Musk amplifying some false claims about the bill, such as an alleged $3 billion allocation for a football stadium, he declared victory after the budget deal’s rejection, calling it “a good day for America.” House Democratic Leader Hakeem Jeffries warned Republicans of the consequences of abandoning the agreement, stating, “You break the bipartisan agreement, you own the consequences.”

Expressing concern over the situation in Myanmar, the United States has said helping resolve Rohingya refugee crisis remains a priority for them.  "So we are following this development closely. We’re remained concerned by the conflict and its potential to undermine regional stability and security," Spokesperson at US Department of State Matthew Miller said during a regular media briefing in Washington on December 17. He made the remarks when a reporter wanted to know how the US is assessing the situation and the fate of the Rohingya refugees, noting that the Arakan Army has taken control of the Rakhine state. UN reappoints Dr Debapriya to Committee for Development Policy The people and government of Bangladesh have shown generosity in hosting Rohingya refugees who have fled persecution in Myanmar, Miller said.  "We will continue to work with Bangladesh to support Rohingya and members of other vulnerable communities from Burma (Myanmar) who have taken refuge there," he said. Bangladesh is now hosting over 1.2 million Rohingyas in Cox’s Bazar and Bhasan Char. Dr Yunus, Ramos-Horta express optimism for stronger partnership

President Joe Biden has commuted the sentences of approximately 1,500 individuals who were released from prison during the COVID-19 pandemic and placed on home confinement. Additionally, he issued pardons to 39 people convicted of nonviolent crimes, marking the largest single-day act of clemency in modern US history.  The commutations apply to individuals who have spent at least one year in home confinement since their release, a measure initially taken to curb the spread of COVID-19 in overcrowded prisons. Biden stated his administration is committed to granting mercy to those who have demonstrated remorse and rehabilitation. “America was built on the promise of possibility and second chances,” Biden said, emphasizing his focus on addressing sentencing disparities, particularly for nonviolent drug offenses.  The clemency recipients include individuals who have significantly contributed to society since their convictions. Among them are a woman who led emergency response teams during natural disasters, a decorated veteran, a doctoral student in molecular biosciences, and a church deacon working as an addiction and youth counselor.  Biden approves National Security Memo to assist Trump on key global issues Biden's action builds on his prior grants of clemency, including 122 commutations and 21 pardons. He has also pardoned individuals convicted of marijuana possession and former service members penalized under now-repealed military laws against consensual same-sex relations.  Advocacy groups are urging Biden to extend clemency to others, including federal death row inmates. Attorney General Merrick Garland had paused federal executions, aligning with Biden’s 2020 campaign pledge to end the death penalty—a promise yet to be fulfilled. With Trump set to return to office, advocates fear the resumption of federal executions, a hallmark of his previous term.  Lawmakers have also called for clemency for Steven Donziger, a lawyer who represented Indigenous farmers in a lawsuit against Chevron and was imprisoned for contempt of court.  Thursday’s pardons come as Biden faces pressure to issue additional clemency measures before leaving office on January 20. Some have speculated he may consider preemptive pardons for individuals involved in investigations of Trump’s efforts to overturn the 2020 election results, though Biden is reportedly cautious about the precedent this would set.  Biden defended his decision to pardon his son, Hunter, for gun and tax crimes, citing political bias in the prosecution. He has been encouraged to extend similar considerations to others deserving of a second chance.  Presidents traditionally grant clemency at the end of their terms, using this power to offer relief to individuals and address systemic inequities. Biden has pledged further action in the coming weeks.  Source: With inputs from wires

President-elect Donald Trump has chosen Kari Lake, a vocal supporter and former Arizona gubernatorial and Senate candidate, as the new director of Voice of America (VOA). The congressionally funded broadcaster is tasked with delivering impartial news to global audiences. Lake, a former Phoenix TV news anchor who left her role in 2021 after controversies surrounding her social media posts and COVID-19 misinformation, emerged as a prominent political figure. Known for her sharp criticisms of mainstream media and alignment with Trump’s rhetoric, she gained national attention despite unsuccessful bids for public office. Biden approves National Security Memo to assist Trump on key global issues Trump announced that Lake would collaborate closely with the U.S. Agency for Global Media, which oversees VOA, to promote “American values of Freedom and Liberty” worldwide. He emphasized Lake’s role in ensuring fair and accurate broadcasting, contrasting it with what he has previously labeled as “fake news.” VOA, established during World War II, has faced criticism from Trump in the past, including accusations of bias and unfavorable reporting on the U.S. Trump’s remarks particularly targeted VOA's coverage of the early COVID-19 outbreak in Wuhan, China, which the White House criticized during his first term. US keen to support Syrian leaders on conditions Lake has been unwavering in her support for Trump, including promoting unfounded claims of election fraud. Despite losing her Arizona gubernatorial bid and more recently her Senate race, Lake’s loyalty has kept her in Trump’s favor. She has written about her political journey and legal challenges in her book, Unafraid: Just Getting Started. In related announcements, Trump named Leandro Rizzuto as ambassador to the Organization of American States, Dan Newlin as ambassador to Colombia, and Peter Lamelas as ambassador to Argentina. All appointees are notable Trump supporters or significant Republican donors.

Bitcoin has surpassed the $100,000 milestone as its value continues to surge, spurred by the election of Donald Trump and his crypto-friendly policies. This development follows Trump’s announcement of plans to nominate cryptocurrency advocate Paul Atkins as the next chair of the Securities and Exchange Commission (SEC), signaling a shift toward lighter regulation in the industry. The cryptocurrency’s meteoric rise began on Election Day, climbing from $69,374 to a peak of $103,713, according to CoinDesk data. This rally comes just two years after Bitcoin plummeted below $17,000 following the collapse of the FTX exchange. However, its sustainability at the $100,000 mark remains uncertain, as the price briefly dipped to under $102,000 on Thursday. FBI urges telecom firms to enhance security after chinese hacking campaign Cryptocurrency Basics Cryptocurrencies are digital currencies that operate on decentralized networks, typically without backing from governments or banks. Bitcoin, the first and largest cryptocurrency, is recorded on a blockchain and is known for its high volatility. Other cryptocurrencies like Ethereum, Tether, and Dogecoin have also gained popularity, though traditional fiat currencies dominate daily transactions. Factors Behind Bitcoin’s Surge Trump’s election win has played a significant role in Bitcoin’s recent performance. The President-elect has pledged to make the U.S. a global hub for cryptocurrency and establish a “strategic reserve” of Bitcoin. His campaign embraced cryptocurrency donations, and he has launched a family venture for crypto trading. The crypto community has welcomed Trump’s victory, anticipating regulatory reforms that could bring legitimacy while reducing red tape. His choice of Paul Atkins, known for opposing heavy market regulation, to lead the SEC aligns with these expectations. This marks a departure from the outgoing SEC chair Gary Gensler’s stricter regulatory approach, which faced criticism from industry stakeholders despite approving spot Bitcoin ETFs earlier this year. Risks and Challenges Cryptocurrency remains a high-risk investment due to its volatility. Bitcoin's history includes dramatic price swings, such as its rise to nearly $69,000 in 2021 before crashing below $17,000 amid rate hikes and the FTX collapse. While investor interest has rebounded, experts urge caution, particularly for those with limited resources. The anticipated lighter regulations under Trump may also reduce protective measures. Generative AI product user base in China reaches 230mln Environmental Concerns Bitcoin mining is energy-intensive and has drawn criticism for its environmental impact. Research indicates that mining emissions in 2020-2021 equaled those from burning 84 billion pounds of coal. While the industry has gradually shifted toward cleaner energy, fossil fuels still dominate its electricity supply. The future of Bitcoin remains uncertain, with potential for further gains or losses, but its recent surge highlights the growing influence of political and regulatory factors on the crypto market.

The United States has laid emphasis on ensuring appropriate representation for those who are in detention in Bangladesh, treating them in line with basic fundamental freedoms and human rights. “We continue to stress and emphasise that even those who are in detention need to be afforded appropriate representation and need to be treated with basic fundamental freedoms and human rights,” said Principal Deputy Spokesperson at the US Department of State Vedant Patel during a regular briefing in Washington on December 3. US appreciates Bangladesh’s interim govt's steps to ensure security for all Patel said they are “consistent” with every government in which they have a relationship with and they are clear that there needs to be the respect of fundamental freedoms; respect of religious freedom and basic human rights. “Any kind of protests should be and need to be peaceful, and that any kind of crackdown – not even crackdown – that governments need to respect the rule of law, they need to respect basic human rights as part of that. And that’s something we’ll continue to emphasise,” the US Department of Statement quoted Patel as saying. Writ petition filed against integrated energy and power master plan seeking climate justice

Former German Chancellor Angela Merkel says she felt “sorrow” at Donald Trump's return to power and recalls that every meeting with him was “a competition: you or me.” In an interview with German weekly Der Spiegel published Friday, Merkel said that Trump “is a challenge for the world, particularly for multilateralism.” “What awaits us now is really not easy,” she said, because “the strongest economy in the world stands behind this president” with the dollar as a dominant currency. Merkel worked with four American presidents while she was German chancellor. She was in power throughout Trump's first term — easily the most tense period for German-U.S. relations of her 16 years in office, which ended in late 2021. She recalled as “a typical scene” a famously awkward moment in the Oval Office when she first visited Trump at the White House in March 2017. Photographers shouted “handshake!” and Merkel quietly asked Trump: “Do you want to have a handshake?” There was no response from Trump, who looked ahead with his hands clasped. “I tried to coax him into a handshake for the photographers because I thought in my constructive way that maybe he hadn't noticed they wanted such a picture,” Merkel was quoted as saying. “But of course his refusal was calculation.” The pair did shake hands at other points during the visit. Asked what a German chancellor should know about dealing with Trump, Merkel said he was very curious and wanted details — “but only to read them for his own advantage, to find arguments that strengthen him and weaken others.” “The more people there were in the room, the greater was his urge to be the winner,” she added. “You can't chat with him. Every meeting is a competition: you or me.” Read: Hungary's Orbán vows to disregard international arrest warrant for Netanyahu Merkel said she felt “sorrow” at Trump's victory over Kamala Harris in the Nov. 5 presidential election. “It was already a disappointment for me that Hillary Clinton didn't win in 2016. I would have liked a different outcome.” The 70-year-old Merkel, a center-right Christian Democrat who has generally kept a low profile since leaving office, is due to release her memoirs next week.

U.S. Defense Secretary Lloyd Austin said Wednesday that the Biden administration will allow Ukraine to use American-supplied antipersonnel land mines to help fight off Russian forces. Speaking to reporters during a trip to Laos, he said the shift in policy follows changing tactics by the Russians. Austin said Russian ground troops are leading the movement on the battlefield, rather than forces more protected in armored carriers, so Ukraine has “a need for things that can help slow down that effort on the part of the Russians.” “The land mines that we would look to provide them would be land mines that are not persistent, you know, we can control when they would self-activate, self-detonate and that makes it, you know, far more, safer eventually than the things that they are creating on their own,” Austin said.  

The United States has laid emphasis on exercising fundamental freedoms, including the freedom of expression and freedom of assembly in Bangladesh. "We believe that the people of Bangladesh should be able to exercise their fundamental freedoms, including the freedom of expression, the freedom of assembly," said US Department of State Spokesperson Matthew Miller while responding to a question at a regular media briefing in Washington on October 28. He said they believe that no matter who the ruling party is in Bangladesh, and they have made that clear a number of times from this podium as well in their bilateral engagements. Special cell formed for preserving history of July-August revolution Miller made the remarks when a journalist wanted to know how the US views the impact of the actions on democratic freedom and political expression in Bangladesh in light of a recent report that the Bangladesh police are using the Anti-Terrorism Act to arrest people associated with the Chhatra League, for participating in demonstration. Reports suggest that 252 police sub-inspectors were dismissed from the final recruitment in Bangladesh, allegedly excluding all Hindu officers. Rohingya Crisis: Prof Yunus seeks urgent int’l conf to find solution The journalist wanted to know whether the US State Department has any response regarding the religious discrimination in the Bangladesh law enforcement hiring process. In reply, Miller said he has not seen that report, but obviously, they would oppose any religious discrimination in any process in Bangladesh or anywhere in the world.

The death toll from Hurricane Helene inched up to 227 on Saturday as the grim task of recovering bodies continued more than a week after the monster storm ravaged the Southeast and killed people in six states. Helene came ashore Sept. 26 as a Category 4 hurricane and carved a wide swath of destruction as it moved northward from Florida, washing away homes, destroying roads and knocking out electricity and cellphone service for millions. The number of deaths stood at 225 on Friday; two more were recorded in South Carolina the following day. It was still unclear how many people were unaccounted for or missing, and the toll could rise even higher. Helene is the deadliest hurricane to hit the mainland U.S. since Katrina in 2005. About half the victims were in North Carolina, while dozens more were killed in Georgia and South Carolina. The city of Asheville, in the western mountains of North Carolina, was particularly battered. A week later workers used brooms and heavy machinery to clean mud and dirt outside of New Belgium Brewing Company, which lies next to the French Broad River and is among thousands of city businesses and households affected. So far North Carolinians have received more than $27 million in individual assistance approved by the Federal Emergency Management Agency, said MaryAnn Tierney, a regional administrator for the agency. More than 83,000 people have registered for individual assistance, according to the office of Gov. Roy Cooper. In Buncombe County, where Asheville is located, FEMA-approved assistance has surpassed $12 million for survivors, Tierney said Saturday during a news briefing. “This is critical assistance that will help people with their immediate needs, as well as displacement assistance that helps them if they can’t stay in their home,” she said. She encouraged residents impacted by the storm to register for disaster assistance. Read:  At least 64 dead and millions without power after Helene's deadly march across the Southeast “It is the first step in the recovery process,” she said. “We can provide immediate relief in terms of serious needs assistance to replace food, water, medicines, other life safety, critical items, as well as displacement assistance if you cannot stay in your home.” Helene’s raging floodwaters shocked mountain towns hundreds of miles inland and far from where the storm made landfall on Florida’s Gulf Coast, including in the Tennessee mountains that Dolly Parton calls home. The country music star has announced a $1 million donation to the Mountain Ways Foundation, a nonprofit dedicated to providing immediate assistance to Hurricane Helene flood victims. In addition, her East Tennessee businesses as well as the Dollywood Foundation are combining efforts, pledging to match her donation to Mountain Ways with a $1 million contribution. Parton said she feels a close connection to the storm victims because so many of them “grew up in the mountains just like I did.” “I can’t stand to see anyone hurting, so I wanted to do what I could to help after these terrible floods,” she said. “I hope we can all be a little bit of light in the world for our friends, our neighbors — even strangers — during this dark time they are experiencing.” Walmart U.S. President and CEO John Furner said the company, including Sam’s Club and the Walmart Foundation, would increase its commitment and donate a total of $10 million to hurricane relief efforts. In Newport, an eastern Tennessee town of about 7,000, residents continued cleaning up Saturday from the destruction caused by Helene's floodwaters. Mud still clung to the basement walls of one Main Street funeral home. The ground-floor chapel of another nearby was being dried out, a painting of Jesus still hanging on the wall in an otherwise barren room. Newport City Hall and its police department also took on water from the swollen Pigeon River. Some of the modest, one-story homes along its banks were destroyed, their walls crumbled and rooms exposed. Read more: Tropical Storm Helene moves toward western coast of Africa Farther east in unincorporated Del Rio, along a bend in the French Broad River, residents and volunteers toiled to clean up. The smell of wood hung in the air as people used chainsaws to cut through downed trees, and Bobcats beeped as they moved mangled sheet metal and other debris. Many homes sustained damage, including one that slid off its foundation.