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Israeli Air Strike Hits Residential Block in Gaza, Hamas Fires Rockets at Tel Aviv

May 11, 2021 Focus Washington

An Israeli air strike hit a 13 story residential block in the Gaza Strip on Tuesday, which subsequently collapsed, Reuters reported. Later, in a separate retaliatory rocket attack from the Gaza Strip, three people in […]

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President Biden to Take Additional Activities after Massive Colonial Pipeline Ransomware Attack

May 11, 2021 Focus Washington

President Joe Biden and his administration are contemplating additional activities after the massive cyberattack targeting one of the largest fuel pipelines in the US. Last Friday, the Colonial Pipeline discontinued its operations and notified federal […]

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Saudi Arabia’s Economy Shrinks 3.3% In Q1 on Oil Output

May 11, 2021 Focus Washington

The economy of Saudi Arabia contracted 3.3% in the first quarter, compared to a year earlier, Reuters reported. Largely this was due to oil output cuts, but at the same time, the non-oil economy expanded […]

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GOP Senators to Meet with Biden, Who’s Looking for Deal on Massive Spending Bill

May 9, 2021 Focus Washington

President Joe Biden will court GOP senators next week at the White House in an effort to strike a deal on his spending bill, but Republicans stressed they don’t want tax increases on businesses or […]

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Biden Administration Has Spent $3B on Migrant Facility Contracts: Report

May 9, 2021 Focus Washington

The Biden administration has reportedly spent $3 billion in contracts to house unaccompanied children at the border – as it continues to deal with a continued influx of migrants coming to the border each day, Fox […]

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Teachers Union Bosses Visited White House for Jill Biden Event Ahead of CDC Lobbying Effort

May 9, 2021 Focus Washington

The nation’s leading teachers unions were among the Biden administration’s first visitors to the White House, visitor logs show, Fox News informed. First lady Jill Biden hosted American Federation of Teachers (AFT) president Randi Weingarten and National […]

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Trump DOJ Secretly Seized Phone Records from Washington Post Reporters

May 8, 2021 Focus Washington

The Trump administration secretly obtained non-content phone records for three Washington Post reporters who published stories detailing discussions between Russia and members of former President Donald Trump’s 2016 campaign, according to the Department of Justice, Fox News […]

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Elon Musk: ‘Cryptocurrency Is Promising, but Please Invest with Caution’

May 7, 2021 Focus Washington

Elon Musk, the CEO of Tesla and SpaceX, has been a key proponent in the latest surge of interest in dogecoin, according to analysts, as he consistently tweets about the cryptocurrency, CNBC writes. But ahead […]

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Battle over Tax Hikes Muddies the GOP’s Post-Trump Push to Be the Party of the Working Class

May 6, 2021 Focus Washington

The looming battle over tax hikes to fund President Joe Biden’s economic recovery bills threatens to undermine the Republican Party’s nascent, post-Trump effort to rebrand itself as the party of the working class, CNBC reported. […]

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Facebook Upholds Trump Ban but Will Reassess Decision over Coming Months

May 5, 2021 Focus Washington

Facebook’s independent oversight board ruled Wednesday to uphold the company’s January decision to suspend the Facebook and Instagram accounts of former President Donald Trump, CNBC reported. But, the board said, the indefinite time frame of […]

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Saudi Arabia’s King Salman Appoints New Government Ministers

May 5, 2021 Focus Washington

Faisal bin Fadel bin Mohsen Al-Ibrahim was appointed as Saudi Arabia’s new minister of economy and planning in a series of new government appointments issued by King Salman on Monday, Arab News reported. Amid the […]

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Yellen Says Rates May Have to Rise Somewhat to Keep Economy from Overheating

May 4, 2021 Focus Washington

Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on in part by trillions of dollars in government […]

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Biden Economic Adviser Pushes Global Corporate Tax Minimum to Counteract Proposed US Increase

May 3, 2021 Focus Washington

Council of Economic Advisers chair Cecilia Rouse pushed for a “global minimum tax” on corporations to counteract President Biden’s proposed corporate tax rate hike, Fox News informed. “The idea is to make sure that corporations […]

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Biden Wears Mask Outdoors as Additional Precaution, White House Aide Says

May 3, 2021 Focus Washington

President Joe Biden hasn’t been following advice from the Centers for Disease Control and Prevention to ditch his mask outdoors and around small groups of other vaccinated people because he’s taking “extra precautions,” a White House aide […]

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China Thinks it Should Be the Dominant Country in World, Blinken Says

May 3, 2021 Focus Washington

Secretary of State Antonin Blinken said in an interview that aired Sunday that China represents the only country in the world that can challenge the U.S. militarily, economically and diplomatically, Fox News informed. “I think […]

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Biden Approach to North Korea Nuclear Policy ‘Not Aimed at Hostility’: White House

May 3, 2021 Focus Washington

National Security Advisor Jake Sullivan responded to rebukes from Pyongyang by affirming that President Biden’s approach toward North Korea is “not aimed at hostility” but rather at “complete denuclearization,” Fox News informed. Sullivan reacted on ABC’s “This […]

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New York City Will ‘Fully Reopen’ on July 1

April 29, 2021 Focus Washington

New York City plans to “fully reopen” on July 1 after more than a year of coronavirus-induced closures and capacity restrictions, Mayor Bill de Blasio said on Thursday, after vaccinating a large percentage of its […]

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Saudi Arabia Sees a Spike in Women Joining the Workforce, Brookings Study Reveals

April 29, 2021 Focus Washington

The number of Saudi women in the workforce has risen sharply in recent years, according to Brookings Institution, CNBC reported. In late 2018, around 20% of adult women held jobs or were actively looking for […]

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Dogecoin Price Surges after Tweets from Elon Musk and Mark Cuban

April 28, 2021 Focus Washington

Dogecoin skyrocketed on Wednesday after receiving some celebrity endorsements on Twitter, CNBC reported. Dogecoin’s price has soared 20% in the last 24 hours to 32 cents, according to data from Coin Metrics. The meme-inspired cryptocurrency hit […]

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Saudi Arabia in Talks to Sell 1% of Aramco to Foreign Investor

April 28, 2021 Focus Washington

Saudi Arabia’s crown prince said in televised remarks on Tuesday that the kingdom was in discussions to sell 1% of state oil firm Saudi Aramco to a leading global energy company, Voice of America (VoA) […]

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Biden Fares Better Than Trump over His First 100 Days, Poll Shows

April 27, 2021 Focus Washington

More than half of Americans approve of President Joe Biden after nearly 100 days on the job, according to Reuters/Ipsos polling, a level of support that his Republican predecessor Donald Trump never achieved and one […]

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Rich Countries Are Refusing to Waive the Rights on COVID Vaccines as Global Cases Hit Record Levels

April 22, 2021 Focus Washington

The U.S., Canada and U.K. are among some of the high-income countries actively blocking a patent-waiver proposal designed to boost the global production of Covid-19 vaccines, CNBC writes. It comes as coronavirus cases worldwide surge […]

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U.S. Inflation Could Hit 3% Or 4% By the Middle of 2022

April 21, 2021 Focus Washington

Speculation over the direction inflation will take continues to dog markets, but there is a growing body of strategists that believe investors are underestimating the outlook for consumer prices, CNBC reported. David Roche, president of […]

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Russia’s Putin To Address Nation as Mass Navalny Protests Are Planned

April 20, 2021 Focus Washington

Russian President Vladimir Putin is set to address the nation on Wednesday in his annual “State of the Nation” address, a speech that will take place amid growing tensions with Ukraine and a hunger strike […]

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Bitcoin Rally This Year Is the Start of Going Mainstream, Investors Claim

April 20, 2021 Focus Washington

Longtime value investor Bill Miller told CNBC on Tuesday he believes bitcoin is firmly entering into the mainstream, contending the cryptocurrency’s rally in recent months is significantly different from its 2017 ascension and subsequent plunge. […]

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Biden’s Recovery Plan For Families Set to Cost More Than $1 Trillion

April 20, 2021 Focus Washington

President Joe Biden’s next economic recovery package will cost at least $1 trillion and extend the beefed-up child tax credit, a source familiar with the proposal confirmed Tuesday, CNBC reported. Biden is set to follow […]

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Wall Street Banks Brace for Digital Dollars as the Next Big Disruptive Force

April 19, 2021 Focus Washington

Wall Street is warming up to the idea that the next big disruptive force on the horizon is central bank digital currencies, even though the Federal Reserve likely remains a few years away from developing […]

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Saudi Arabia Must ‘Confront Power With Power’ in Yemen, Says Expert

April 16, 2021 Focus Washington

The international community bears responsibility for prolonging the crisis in Yemen, and Saudi Arabia should not simply wait for the Iran-backed Houthis to cause a disaster, according to a Saudi expert in international relations, Arab […]

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U.S. House Committee Approves Blueprint for Big Tech Crackdown

April 15, 2021 Focus Washington

The U.S. House of Representatives Judiciary Committee has formally approved a report accusing Big Tech companies of buying or crushing smaller firms, Representative David Cicilline’s office said in a statement Thursday, Reuters reported. With the […]

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CDC Chief Says Michigan Should ‘Shut Things Down,’ Vaccinating Alone Won’t Stop COVID Surge

April 13, 2021 Focus Washington

A top Biden administration health official said Monday that Michigan should “shut things down” as it grapples with an overwhelming surge in coronavirus cases, CNBC reported. Centers for Disease Control and Prevention Director Rochelle Walensky said a […]

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