President Joe Biden said on Thursday that Colonial Pipeline should be reaching full operational capacity right now and he expects to see fuel normalcy this weekend.
BIDEN: "Don't panic, number one." President Joe Biden sought to dissuade Americans from panic buying on Thursday and warned gas stations not to price gouge... BIDEN: "Do not try to take advantage of consumers during this time." ...saying Colonial Pipeline should be reaching full operational capacity after a ransomware attack shut down its network and that he expected the situation to improve by the weekend.
BIDEN: "This morning Colonial reported that fuel is beginning to flow to (a) majority of the markets that they service and they should be reaching full operational capacity as we speak... But I want to be clear.
We will not feel the effects at the pump immediately... It had never been fully shut down in its entire history... and it's going to take some time, and there may be some hip, hic, hiccups - like I just had - along the way here." Colonial Pipeline began to slowly restart the nation's largest fuel pipeline network on Wednesday, after a crippling cyberattack - believed to be carried out by a shadowy criminal gang known as DarkSide - triggered fuel shortages and panic buying in the southeastern United States.
Biden said he did not believe the Russia government or President Vladimir Putin was behind the attack but that those who were involved in the attack were based in Russia.
BIDEN: "I am confident that I've read the report of the FBI accurately, and they say they were not, he was not, the government was not." Earlier on Thursday, Bloomberg News reported that Colonial Pipeline paid nearly $5 million to the Eastern European hackers on Friday, citing two people familiar with the transaction.
REPORTER: "Were you briefed on the fact that the company did pay the ransom?" BIDEN: "I have no comment on that." At her weekly press conference, House Speaker Nancy Pelosi had more to say than Biden on the issue, saying ransom should not be paid by companies that are the victims of cyberattacks.
Barack Obama thinks President Joe Biden's chances at a second term are fading fast, and he should drop out of the race ... but, interestingly, he's not saying it.. TMZ.com
Pressure is building on Joe Biden to end his re-election campaign after it emerged former president Barack Obama told allies his path to victory has greatly.. Sky News
As pressure mounts on Biden to drop his re-election campaign, he revealed that he tested positive for COVID-19 before cancelling his speech for an event in Las Vegas.
Credit: euronews (in English) Duration: 01:14Published
President Joe Biden, 81, tested positive for Covid-19 during a Las Vegas campaign trip. He's experiencing mild symptoms and will self-isolate in Delaware. This health setback comes amid mounting pressure from fellow Democrats urging him to withdraw from the 2024 presidential race, citing age concerns and electability issues. Recent polls show significant numbers of Democratic and independent voters believe Biden should step aside.
#JoeBiden #Biden2024 #PresidentBiden #Delaware #COVID19 #BidenHealth Trump2024 #DonaldTrump #USnews #USpolitics #Worldnews #RNC #Oneindia #Oneindianews
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Oscar-winning actor, producer and prominent Democratic Party fundraiser George Clooney wrote an op-ed published in The New York Times Wednesday praising President Biden, but arguing that Democrats need a new nominee and calling for Mr. Biden to exit the 2024 race hours after senior Democrat Nancy Pelosi swerved questions about whether he should continue. Clooney wrote in The New York Times that it was "devastating to say it" but the Biden he met at a fundraising event three weeks ago was not the "'Joe 'big ****ing deal' Biden of 2010. He wasn't even the Joe Biden of 2020."
#GeorgeClooney #Biden #BidenPresident #Joebiden #PresidentBiden #Worldnews #Oneindia #Oneindianews
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Germany's proposed 2025 budget aims to halve military aid for Ukraine from €8 billion to €4 billion. This comes amid economic challenges, with a €17-billion budget gap and plans for increased borrowing. The decision reflects broader financial pressures, including the depletion of a special military modernization fund by 2028. Germany's economic struggles are partly attributed to its rejection of Russian energy sources.
#Germany #GermanyUkraine #RussiaUkrainewar #UkraineWar #Ukrainewarlive #RussianEnergy #Germanylive Oneindia #Oneindianews
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Polish President Andrzej Duda has warned of an imminent war between Russia and NATO if Kiev fails to secure victory in its conflict with Moscow. In an interview with the Wirtualna Polska news portal on Tuesday, Duda claimed that if Russia were allowed to defeat Ukraine, it would then attack NATO states – a prospect that has been mentioned by Western leaders several times and which Russia has repeatedly denied.
#Putin #NATO #PutinVsNATO #RussiaVsNATO #AndrzejDuda #Russia #WarWarnings #Geopolitics #EasternEurope #SecurityThreat #MilitaryReadiness #GlobalTensions #InternationalRelations #ConflictAlert #DiplomaticTensions #EuropeanSecurity #MilitaryEscalation
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The US State Department urges India to use its unique relationship with Russia to help end the Ukraine war, emphasizing respect for the UN Charter and Ukraine's sovereignty. Despite maintaining neutrality and abstaining from UN resolutions against Russia, India faces criticism from Ukraine for PM Modi's Moscow visit. India's stance reflects a complex balancing act between its historical ties with Russia.
#USStateDepartment #UNCharter #PMModi #RussiaModi #RussiaIndia #PMModiPutin #BidenZelensky #Ukrainewarlive #USnews #Oneindia #Oneindianews
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Russian and Chinese naval forces have commenced a series of joint military exercises, titled 'Maritime Joint-2024,' in the Pacific Ocean. The three-day drills, which began near the Chinese city of Zhanjiang, aim to enhance the naval forces' capability to address security threats, maintain international and regional stability, and strengthen the strategic partnership between the two nations, according to a statement from Beijing's Defense Ministry. Two vessels from Russia’s Pacific Fleet are participating in the exercises, as reported by the fleet’s press office on Monday via TASS. The participating crews are set to conduct a range of activities, including air defence exercises, drills involving anti-submarine aviation, resupply operations while underway, and sea rescue training.
#Putin #XiJinping #RussiaChina #RussiaChinaJointDrills #RussiaChinaNavalDrills #RussiaChinaMilitaryExercise #MaritimeJoint2024 #NATO #MilitaryDrills #StrategicAlliance #Geopolitics #InternationalRelations #GlobalTensions #DefenseCooperation #EastWestRivalry #JointExercises #MilitaryAlliance #GlobalSecurity #Diplomacy
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Ukrainian forces achieve a significant victory as they reclaim Sotnytskyi Kozachok village from Russian occupation in northern Kharkiv, marking a pivotal turn in the conflict. Get the latest updates on the frontline developments and the ongoing military operations.
#UkraineConflict #KharkivOffensive #RussianOccupation #MilitaryUpdates #UkraineWar #EasternFront #Kharkiv #Donetsk #UkrainianMilitary #VladimirPutin #VolodymyrZelensky #RussiaUkraineWar
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Spotify Launches , Basic Streaming Plan.
The streaming company announced the new
"Basic" plan on June 21, TechCrunch reports.
It will cost $10.99 per month,
but it won't grant access to audiobooks. .
Other than that, the Premium
benefits will remain the same. .
The news comes after Spotify raised its
Premium plan price to $11.99 a few weeks ago. .
The new "Basic" plan could be the first of a few
new subscription tiers, TechCrunch reports.
Spotify is reportedly developing a "Supremium" plan at the moment which would grant access to high-fidelity audio.
According to 'Bloomberg,' that tier will
cost a minimum of $5 more each month.
The streaming giant reported a
20% revenue increase in April.
It also saw Premium subscriptions
increase by 14%.
Spotify's Q2 2024 earnings are
expected to be released on July 24
Credit: Wibbitz Top Stories Duration: 01:30Published
Britain Overtakes France , to Reclaim Stock Market Crown.
The overall value of listings on the
London Stock Exchange (LSE) reached
$3.18 trillion on June 17, BBC reports.
That number surpassed the
$3.13 trillion value of companies listed
in France, according to Bloomberg data. .
While both valuations have fluctuated
since June 17, they remain close.
Analysts consider the development
to be a milestone, BBC reports. .
The French market has dipped due to uncertainty surrounding France's election, analysts say. .
Earlier this month, French President
Emmanuel Macron called a snap election following the
National Rally's victory in the European elections.
Earlier this month, French President
Emmanuel Macron called a snap election following the
National Rally's victory in the European elections.
Susannah Streeter, head of Hargreaves Lansdown's money and markets, said that the right-wing party's manifesto supports "unfunded spending.".
"They are not so focused about
winning over the market," she said.
In 2016, the LSE was worth nearly
$1.4 trillion more than its French rival.
It held its position as Europe's largest stock market for several years before being overtaken in November 2022
Credit: Wibbitz Top Stories Duration: 01:30Published
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