The G7 has agreed to provide $50 billion in Extraordinary Revenue Acceleration (ERA) loans to Ukraine, helping fund its military, budget, and reconstruction needs. These loans will be repaid using future revenues from immobilized Russian sovereign assets, aligned with international law and the legal frameworks of each G7 member. Disbursement is set to begin by…
President Joseph R. Biden, Jr. issued a disaster declaration for New York on October 21, 2024, following severe storms and flooding that struck Lewis, Oswego, and Suffolk counties on August 18-19, 2024. The declaration enables federal assistance to support state, tribal, and local recovery efforts, including funding for emergency repairs and hazard mitigation statewide. Eligible…
President Biden announced today that over 1 million public service workers, including teachers, firefighters, and nurses, have benefited from student debt cancellation under the Public Service Loan Forgiveness (PSLF) program. This achievement marks a major milestone in the Biden-Harris Administration’s efforts to reform the student loan system. An additional $4.5 billion in forgiveness was granted…
The Biden administration’s anti-corruption initiatives are reshaping financial oversight, immigration policies, and public safety in New York and the Tri-State area. Stricter laws targeting financial crime protect NYC’s banking institutions, while border controls address migration drivers. Federal crackdowns on organized crime also strengthen security across the region, ensuring safer communities and more accountable governance. FACT…
President Joe Biden sent a letter to Congressional leaders on October 15, 2024, detailing the U.S. government’s response to a major escalation in the Middle East. On October 1, Iran launched over 200 ballistic missiles at Israel, prompting immediate U.S. military action to support Israel’s defense. The U.S. extended the deployment of the USS Abraham…
“‘Trade Unions Are a School of Communism,’ Said Lenin – Reflecting on Labor Movements’ Past and Present Impact”On October 15, 2024, President Joe Biden celebrated new data from the National Labor Relations Board (NLRB) showing union representation petitions have doubled since the start of his administration—the first increase in five decades. Biden emphasized his administration’s…
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