World Bank trims global growth outlook amid stagflation fears
The World Bank downgrades its global growth forecast to 2.9 percent this year citing Russia's Ukraine war and food shortages. U S growth is cut to 2.5 percent, euro area to 2.5 percent, and China to 4.3 percent as prices for energy and commodities rise. The report warns of persistent inflation, possible recession, and risk of hunger in poor nations.
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Washington
World Bank
Russia
Ukraine
Anti-Poverty Agency
David
Malpass
United States
China
United
Shanghai
Federal Reserve
DHS warns of heightened extremist threat across U S
The Department of Homeland Security cautions that domestic violent extremism poses the most pressing risk, intensified by looming Supreme Court abortion ruling, migrant surges, and midterm elections. It notes overseas actors may amplify conspiracy theories to sow divisions, with violence likely around democratic targets in coming months.
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Homeland Security
Department of Homeland Security
China
Russia
Iran
U.S
Washington
Supreme Court
U.s.-Mexico
DHS
Buffalo
New York
Uvalde
Texas
Brian Harrell
Agency
FBI
Alejandro N. Mayor
Jan 6 hearings begin prime time public show
The House Jan 6 investigation committee will hold its first public hearings in prime time, 8 p.m. Thursday, in a Capitol complex building. It will mix testimony with multimedia exhibits and stream on C-SPAN YouTube and the committee site. Witnesses include Nick Quested and Officer Caroline Edwards, with coverage by major networks. The session aims to outline the inquiry’s focus areas from election doubts to security failures and rally organizing.
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Washington
House
U.S. Capitol
C-Span
Select Committee
Associated Press
Nick Quested
Proud Boys
Caroline Edwards
Trump
Joe Biden
Bipartisan bill aims to regulate digital assets in US
A new Respon sible Financial Innovation Act from Sens. Gillibrand and Lummis seeks definitional clarity for digital assets and crypto, assigns agency responsibilities, requires energy use studies, and would tax and regulate stablecoins to curb fraud while fostering innovation amid a surge in crypto fundraising and political interest.
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Washington
Kirsten Gillibrand
D-N.y
Cynthia Lummis
R-Wyo
Congress
IRS
Lummis
U.S
Commodity Futures Trading Commission
Gillibrand
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David Malpass
Ben Fox
al-Qaida
Colleyville
Islamic State
Farnoush Amiri
Capitol
Cory Booker
D-N.j
Pew Research Center
Treasury Department
Treasury
Janet Yellen
American University
White House
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