At the US-Africa Leaders Summit, launch ‘Process Africa’
Several weeks ago, President Biden announced that he will host a U.S.-Africa Leaders Summit in Washington in December. It’s about time. This is the first U.S.-Africa Leaders Summit since 2014, and just the second such meeting ever. China, meanwhile, has held its comparable Forum on China-Africa Cooperation (FOCAC) every three years since 2000, and that has provided a leadership and messaging advantage for
Read MoreHomebuilder confidence dips for eighth straight month
Record home prices and elevated interest rates caused homebuilder confidence to fall for the eighth straight month in August, according to a new survey. The housing market index calculated by the National Association of Home Builders (NAHB) and Wells Fargo dipped six points this month and turned negative for the first time since May 2020. The eight-month streak of declines marks the worst stretch since the 2007 housing market crash. “Tighter monetary policy from the Federal Reserve and persistently elevated construction costs have brought on a housing recession,” NAHB c
Read MoreDozens of countries call on Russian forces to leave Ukraine nuclear power plant
Forty-two countries and the European Union on Monday called for the immediate withdrawal of Russian forces from the Zaporizhzhia power plant in Ukraine, citing nuclear risk. “It is undeniable that Russia’s invasion and its continued presence at Ukraine’s nuclear facilities significantly raise the risk of nuclear incidents and accidents,” the countries said in a joint statement. “We urge the Russian Federation to immediately withd
Read MoreWhite House knocks new GOP report on Afghanistan withdrawal
The White House is firing back at a GOP report slamming the Biden administration’s withdrawal from Afghanistan by circulating its own memo arguing the decision strengthened national security and did not compromise the United States’ ability to extinguish terrorist threats. The White House memo, which dismisses the GOP report as “partisan” and “riddled” with inaccuracies, lays out Biden’s logic for ending America’s longest war and pushes back on specific claims in the report led by Rep. Michael McCaul (R-Texas), the ranking member on the House Foreign Affairs Committee.
Read MoreBolton: Trump explanations on classified documents show 'real level of desperation'
Former national security adviser John Bolton said in a new interview that former President Trump’s defense after the FBI allegedly found classified documents at his Mar-a-Lago estate "shows a real level of desperation." “When somebody begins to concoct lies like this, it shows a real level of desperation,” Bolton, who was appointed by Trump, told The New York Times. The now-unsealed search warrant and property receipt indicate the FBI seized 11 sets of classified documents from
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