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Cummins gets 5 wickets, England's top batsmen out for three ducks, two years of preparation show the tension, the need to throw the "million dollar fast ball" as bowler Harmison did in Brisbane in 2006 sending the ball straight to second slip. This time the first ball by Mitchell Starc dismisses Burns. This is the first day of the Australia England Ashes cricket series.

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Japan will become the first country to issue climate bonds to finance action against climate change. This will bring in private capital. Japan will issue $5 billion in climate bonds (800 billion yen). A total of 20 trillion yen of climate bonds, sovereign debt securities, will be issued.

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Global energy companies earning average annual revenues of $3.5 trillion since 2018 are investing only a paltry 2.5% of their investment in clean energy, says IEA. This is 1% of the total spend on clean energy. This report comes on the eve of the COP28 Summit in Dubai.

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US president Biden points out in his letter to the US Congress- "When I was elected President, a pandemic was raging and our economy was reeling, and trickle-down economics had undermined our nation’s growth long-term. I was determined to rebuild from the middle out and bottom up, not the top down, because when the middle class does well, we all do well. We can give everyone a fair shot and leave no one behind. Our plan has brought transformational progress." "Along the way, we’ve achieved one of the most successful legislative records in generations, bringing new opportunities to communities of all sizes nationwide. We’re tackling years of underinvestment in public infrastructure, clean energy, and advanced manufacturing, making sure the future is made in America by American workers. We’re making the biggest investment in American infrastructure in generations, including over $400 billion for 46,000 projects in 4,500 communities to date. These projects are rebuilding the nation’s roads, bridges, railroads, ports, airports, public transit, water systems, high-speed internet, and more, in every part of the country. We’re also making the most significant investment in fighting climate change in history—advancing breakthroughs in clean technology, boosting energy independence, lowering electricity costs for hardworking families, and revitalizing fence-line communities smothered by a legacy of pollution. At the same time, we’re working with the private sector to strengthen America’s semiconductor and advanced manufacturing industries as well, empowering workers and small businesses to share in the benefits. Already, my Investing in America agenda has attracted $650 billion." ...

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Eisinger says the Volcker Rule is voluminous and complex with 530 pages, because banks and lobbyists with complicit regulators wanted it that way. This is also what Volcker told Charlie Rose in an interview, that banks can't complain that it is complex and at the same time work to add complex language to the rule.

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In his State of the Union Address president Biden set the tone for the next 2 years of his term, and in preparation for another term to Build Back Better for America. He talked about his efforts to address the needs of America in rebuilding aging infrastructure, restoring its place in manufacturing, chips and science, and addressing climate change with trillions of dollars of investments. No longer would crowding out of government investment happen as it did in the last two decades with neglect of infrastructure, manufacturing, workers and families, and massive misallocation of capital in capital markets. On Jobs, America and Renewal, "on rewarding work, not wealth" "Jobs are coming back. Pride is coming back because of the choices we made in the last two years. This is a blue collar blueprint to rebuild America and make a real difference in your lives." He told Congressman McCarthy-          "I don't want to ruin your reputation but I look forward to working with you." Reminding Republicans-  "The people sent us a clear message. Fighting for the sake of fighting, power for the sake of power, conflict for the sake of conflict gets us nowhere." ...

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The Nation is faced with another Supreme Court decision as in 1868 for the 14th Amendment, in 2025 on birthright citizenship.  The 14th Amendment was written in the 19th century it had no concept of the 20th century and absolutely no idea of the 21st century we live in, unable to even conceive of conditions today, or even think of  setting rules for immigration today. It rejected the Dredd Scott decision of 1857 denying black people rights as citizens, restating the law of the land, had nothing at all to do with stating the opinion of the Judiciary on whether a mother flying in from Asia could secure US citizenship for a new born child by merely visiting the US. As in 1857, in 2025 the law is based on assumed historical facts as Lincoln said on Dredd Scott decision, that are not really true. Lincoln said in 1857- "That burlesque upon judicial decisions, and slander and profanation upon the honored names, and sacred history of republican America must be overruled, and expunged from the books of authority." The 14th Amendment was written to give black people the rights of citizens of the US, in a complete repudiation of the Dred Scott decision of the US Supreme Court of 1857 that deprived black people of rights as citizens because Judge Tanney said the British Empire had set up the institution of slavery in the American colonies and the British were responsible for the institution, little we can do about it. When by 1807 slavery was being banned in Britain and in 1838 totally banned in the British Empire. It created the idea that Americans were not the master of their destinies after the departure of the British to choose which institutions they would keep and which they would reject including slavery. Abraham Lincoln citing President Andrew Jackson said each the executive, the judiciary, Congress, and the common man were entitled to their own view of the US Constitution as they understood it. Lincoln also said Judge Tanney's decision in Dred Scott case was based on assumed historical facts that were not really true- Judge Tanney making no mention of the fact that in 1857 the British Empire had already abolished the institution for 50 years. The DJT Executive Order banning birthright citizenship shown here on the White House site has the title- Protecting the Meaning and Value of American Citizenship. It is written in  simple language in 1 page -Purpose, Policy, Enforcement and Definitions, Provisions.  The purpose clearly states that the Dred Scott decision of the US Supreme Court in 1857 is what the framers of the 14th Amendment had in mind when they drafted the 14th Amendment of the US Constitution. A reading of the 14th Amendment makes this abundantly clear. The wording comes out at the outset reversing the Dredd Scott Decision of 1857. It's repudiation was why the Northern and Southern States fought the Civil War. The National Archives say that with Dred Scott decision to allow the spread of slavery to American territories in the West,  America moved one step closer to civil war. With such  momentous events in the history of the US 1857-1868 the framers of the 14th Amendment were not sitting down to write rules about what was right for America a century and a half later.    ...

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Lordstown EV startup in Ohio closes after lack of founding, and Foxconn refusing to purchase shares after the prospects of the company had deteriorated. It is another example of a company In EV's that sees soaring valuation in financial markets into the billions of dollars only to end up making very few electric vehicles and collapsing valuation.

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A former military chief of staff Mr. Gantz and a former finance minister Mr Lapid agreed to take turns as foreign minister and prime minister if elected. The centrist candidates derided the approach of "divide and conquer" of Mr. Netanyahu and called for a restoration of national unity, in an effort to take Israel into a direction of repair and unity.

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Cornyn is a 5 term Republican senator from Texas who was once a rival of Mitch McConnell for Senate Majority Leader. He lost in the Texas Republican primary to challenger Ken Paxton, Attorney General of Texas. Paxton got the Texas Republican base to back him with CJT's endorsement. The result Paxton wins by 64% to 36% and heads into a fight for the Senate seat with Talarico of the Democrats. Texas voted for DJT by a margin of 14%. Democrats are targeting this Senate seat with huge fundraising. Ted Cruz defended his Senate seat against Rep. Allred with ad spending reaching $210 million in 2024. Talarico has raised $27 million in 3 months, Paxton $7 million. It shows that regardless of which party, both parties spend heavily and raise enormous sums making them beholden to special interests that make it difficult to change aspects of the system such as runaway pharmaceutical costs, cost of living, or to regulate banks, social media, cyber currency, and AI. The result is that Congress has less credibility and poor approval ratings with the public than ever. US Congress has disapproval rating of 90%, only 10% approve of its conduct and performance. Among Democrats 3%, Republicans 20%, and Independents 11%. ...

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Hardeep Singh Puri's service spans 39 years after graduating in the batch of 74 as an Indian Foreign Service Officer. He has served 11 prime ministers of India starting with Morarji Desai India's 4th prime minister in 1977. A truly remarkable record of service that is shown here in The Indian Express as the Pradan Mantri Sangrahalaya opens in New Delhi, a museum to honor India's prime ministers since Jawaharlal Nehru.

Hardeep Singh Puri is current minister for petroleum and natural gas, and minister for housing and urban affairs. He says "it took PM Modiji's bipartisan dedication to India's democratic institutions to immortalize the contributions of these great leaders for the current and coming generations."