Author: Press Room

CNN  —  The clock is now ticking on the nation’s debt ceiling drama. The US is expected to hit its borrowing cap as soon as Thursday, though it will not immediately start to default on its debt and set off a financial crisis. But it does mean that Congress now has to get serious about negotiating a solution to the debt ceiling crisis, which is not expected to be easy. Here’s what the situation is all about. Established by Congress, the debt ceiling is the maximum amount the federal government is able to borrow to finance obligations that lawmakers and…

An attorney for Derek Chauvin is planning to ask an appeals court Wednesday to throw out the former Minneapolis police officer’s convictions in the murder of George Floyd, arguing that numerous legal and procedural errors deprived him of a fair trial.Floyd died on May 25, 2020, after Chauvin, who is white, pinned the Black man to the ground with his knee on his neck for 9 1/2 minutes. A bystander video captured Floyd’s fading cries of “I can’t breathe.” Floyd’s death touched off protests around the world and forced a painful national reckoning with police brutality and racism.DEREK CHAUVIN, SERVING…

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.Upcoming play-to-earn crypto project Meta Masters Guild has now secured more than $570,000 in investment to blast through stage 1 of its presale in just six days.The rapid speed of purchases also saw more than $200,000 spent in 24 hours as investors rushed to secure MEMAG tokens before the price increase in stage 2.Tokens had been priced at $0.007 in stage 1 but with the $490,000 target quickly smashed, a price increase of 42.8% to $0.010 each has now…

Faust suffered eternal damnation for dealing with a malignant power. Germany is severing its energy dependency on Russia more affordably with billions in losses and fresh investment. The latest instalment is BASF’s €7.3bn writedown of its stake in Wintershall DEA, originally a hydrocarbons joint venture with oligarch Mikhail Fridman.For decades, Germany got a good bargain: cheap energy allowed its industry to flourish. Globalists deemed trade ties with Russia civilising for both sides. The Ukraine war proved them wrong, heralding distrust and higher costs ahead.Nord Stream 2 was an early casualty. The €9.5bn pipeline project would have allowed Russian gas exports…

WASHINGTON – Federal officials must do a better job tracking and retaining classified documents, Americans in the nation’s capital told Fox News as a scandal involving President Biden’s handling of government records unfolds.”The way the federal government keeps their top-secret documents seems kind of loose,” a D.C. resident, Edward, told Fox News. “It should be looked at.” “I think the public library does a better job of keeping track of their books,” he continued.  Biden’s personal attorneys found classified documents improperly stored at the president’s old office in the Penn Biden Center, media outlets reported last week — months after…

The lawyer of former MEP Pier Antonio Panzeri confirmed on Wednesday the involvement of Qatar and Morocco in the corruption scandal rocking the European Parliament but rejected claims his client was the brain of the operation.”Mr Panzeri confesses today to having actively participated in acts of corruption in connection with Qatar and in connection with Morocco and therefore to having been corrupted and to having corrupted others,” his lawyer, Laurent Kennes, told Euronews. He however refused to confirm whether more foreign countries are implicated, arguing that the secrecy is to “enable the investigation to move forward.””Everyone knows that we are talking…

Canadians diagnosed with most common cancers are more likely to survive the disease if they detect it at an earlier stage, according to a new report from Statistics Canada. The study, released Wednesday, offers the first ever Canadian estimates of five-year cancer survival by stage at diagnosis.It looked at cases of the most commonly diagnosed cancers in Canada between 2010 and 2017, including lung, breast, prostate, colon and rectal cancer — all of which collectively make up almost half of all diagnosed cancer cases in Canada.The results showed the probability of surviving these cancers decreases if they are diagnosed at…

Weight loss is always an exciting New Year’s resolution, but come mid-January, people’s enthusiasm for slimming down is often overshadowed by powerful hunger and cravings.Dr. Amy Shah, a physician and nutrition expert based in Scottsdale, Arizona, hears the complaints from patients all the time.For many, hunger has become their “great enemy” to the point where they walk around all day thinking about their next meal, Shah writes in her new book, “I’m So Effing Hungry: Why We Crave What We Crave — and What to Do About It.”She wants people to know constant hunger and cravings are not their fault.So…

Rapper Lil Tjay was expected to be released on a $90,000 bond Wednesday following his arrest on illegal weapon charges earlier this week while filming a music video in the Bronx. The 21-year-old artist, whose real name is Tione Jayden Merritt, was busted Monday after cops pulled over the Cadillac Escalade he was riding in and found several loaded guns, cops said. Police said they pulled over the SUV at 183rd Street and Ryer Avenue around 4 p.m. because of tinted windows and a missing front license plate, according to police and sources. The Bronx-born rapper is charged with second-degree…

It’s rare to see Katie Holmes model statement jewelry. The star is a Jennifer Fisher hoops and Missoma chain necklace kind of woman. But Katie was seemingly in magpie mode for an appearance on The Tonight Show Starring Jimmy Fallon, sporting ginormous gold earrings that weighed her ears down. The sculptural creations elevated her peaked-lapel blazer, white shirt, fringed skirt (all Michael Kors Collection) and black tights, which were a far cry from the easy denim and swaddling outerwear she wears on a daily basis. The outfit—specifically the mega jewelry and semi-sheer black tights—nodded to the ’80s maximalism that’s trending right…