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America One News
12 Feb 2024
#politics
The Federalist: GOP Legislators In These 14 States Back Texas On Border Crisis
Republican lawmakers in multiple states are supporting Texas Governor Greg Abbott's efforts to enforce the U.S. southern border amid the Biden administration's lack of action. These lawmakers are urging the federal government to take responsibility for securing the border and are expressing solidarity with Texas in their efforts.
#society
The Epoch Times: The New Narrative: ‘Normal Everyday Americans Are Now Extreme’
January 6 was not an insurrection and people who vote for Trump are not MAGA "extremists." The mainstream media's narrative shifted from attacking Trump to promoting Black Lives Matter. Protests turned violent, but anyone who criticized them was labeled racist. The 2020 election was controversial due to mass mail-in ballots, and concerns were dismissed. The media labeled the Capitol events an insurrection and branded Trump supporters as extremists. The current president has divided the country, marking those who don't agree with him as "the problem." The narrative is now about silencing and punishing dissenting voices.
#foreignaffairs
The Telegraph: Israel could face war crimes charges if it goes ahead with Rafah invasion
The chief prosecutor of the ICC warned Israel of war crimes charges if it invades Rafah. International pressure is mounting against the attack, with the UK foreign secretary urging a ceasefire. The UN's human rights chief called the prospect of an operation in Rafah "terrifying".
The Epoch Times: Nothing Can Stop China’s Quit Communism ‘Tsunami,’ Says Former Polish President Lech Walesa
Lech Walesa, former president of Poland, supports the Tuidang movement in China. He believes that communism is incompatible with progress and trusts that the movement will follow a similar path to Poland's fight for independence. The Tuidang movement is gaining momentum in China, with over 200 million people withdrawing from the Communist Party.
Le Monde: Israeli assault on Rafah is a 'terrifying' prospect, UN says
UN warns of a potential Israeli incursion into Gaza's Rafah, raising fears of high civilian casualties. The operation may also disrupt humanitarian aid and worsen the dire situation in the region.
#economy
The Epoch Times: Major Layoffs to Continue in 2024
More major layoffs are expected in 2024, with tech companies and banks reporting record-breaking job cuts. The financial industry and tech sector are hit the hardest, with thousands of jobs lost in January alone. The banking industry is also facing challenges due to a slowing global economy and changing regulations.
The Epoch Times: Oil Slips After Rally Last Week on Middle East, Tight Supply
Oil prices fall due to profit-taking after recent gains driven by Middle East tensions and refinery outages. Threats to shipping in the Red Sea and Ukrainian strikes on Russian refineries have created product shortages. Logistic disruptions continue in the Red Sea, with the Houthis targeting ships in solidarity with Palestinians. Saudi Arabia claims to have plenty of spare oil production capacity. U.S. production may increase, but concerns over demand linger as interest rates could dampen economic growth. The International Energy Agency predicts peak oil demand by 2030, while OPEC believes it will continue to rise.
The Epoch Times: Dollar Steady, US Inflation Data Tops This Week’s Bill
Currency markets were relatively stable as Asian markets were closed for a holiday. The focus is on U.S. inflation data to gauge when the Federal Reserve may cut rates. Expectations of rate cuts are driving currency markets, with strong jobs data reducing the likelihood of a rate cut in March. U.S. CPI data for January and British CPI data will also influence central bank decisions. The Japanese yen remains sensitive to rate changes and authorities are closely monitoring FX moves.
#military
Fox News: Defense Secretary Lloyd Austin undergoes non-surgical procedures for bladder issue, full recovery expected
Defense Secretary Lloyd Austin was hospitalized for a non-surgical bladder issue. He underwent procedures and is expected to resume his duties soon.