International
Biden says US recession not inevitable
AFP
A recession in the United States is not inevitable, President Joe Biden said Monday, while acknowledging the economic pain experienced by Americans as inflation soars.
Speaking in Tokyo, Biden replied “no” when asked if a US recession is inevitable.
“This is going to be a haul, this is going to take some time,” Biden said.
The US economy has recovered strongly from its Covid-19 era shutdown, but the highest inflation in four decades and persistent problems in getting international supply chains flowing again are driving pessimism — and Biden’s sinking poll numbers.
Biden blamed inflation on fallout from Russia’s invasion of Ukraine and other global problems and he defended US economic performance.
“We have problems the rest of the world has but less consequential,” he said.
While acknowledging the high fuel prices and food supply crunches caused by the war in wheat-producing Ukraine, Biden said his administration would continue to “grow our economy, create jobs”.
Last week Treasury Secretary Janet Yellen said “I really don’t expect the United States to fall into a recession”.
However, she cautioned that European countries, which are among the biggest US trading partners, “are more vulnerable” due to reliance on Russian energy imports.
International
Tehran airports resume operations as Iran lifts airspace closure
Iran announced on Thursday the full reopening of its airspace, including over the capital Tehran, after it was closed on June 13 — the first day of the war with Israel.
According to the official IRNA news agency, international airports in Tehran (Mehrabad and Imam Khomeini), as well as airports in the north, east, west, and south of the country, have resumed operations and are ready to handle flights.
Iran had completely shut down its airspace on June 13 following Israel’s unprecedented airstrikes. On June 25, one day after a ceasefire was declared, flight operations had resumed gradually, though only in the eastern regions.
On June 28, Iran further expanded the reopening of its airspace to include foreign airlines flying over its territory.
As of Thursday, only the airports in Isfahan (central Iran) and Tabriz (northwest) remain closed, as both cities were repeatedly targeted in Israeli airstrikes and their infrastructure is still under repair, IRNA said.
International
Man attacks passengers with axe on german ICE Train
A man attacked several passengers with an axe aboard an ICE train in the southern German state of Bavaria on Thursday.
According to police, four people sustained minor injuries during the incident, and the suspect was taken into custodyshortly afterward.
The attack occurred shortly before 2:00 p.m. (local time) on ICE train number 91, which was traveling from Hamburg-Altona to Vienna, Austria, according to German newspaper Bild.
Authorities have not yet released further details regarding the motive or the identity of the attacker.
International
Trump to decide soon on deportation exemptions for construction and farm workers
U.S. President Donald Trump stated on Tuesday in Florida that he will make a decision in the coming weeks regarding exemptions from deportations for workers in the construction and agriculture sectors.
Trump made these remarks to the media during a visit to the new migrant detention center, ‘Alligator Alcatraz,’ located in the middle of a wetland in Florida, the White House reported.
ICE (Immigration and Customs Enforcement) raids have targeted many of these workers, sparking fear among them and threatening to slow down two sectors that are vital to the U.S. economy.
In construction, 25.7% of workers are immigrants, and 14.1% of the total workforce nationwide is undocumented, according to the American Immigration Council.
In agriculture, the percentage of undocumented employees rises to 42%, according to data from the Department of Agriculture cited by the New York Times.
Tehran airports resume operations as Iran lifts airspace closure
Man attacks passengers with axe on german ICE Train
Trump to decide soon on deportation exemptions for construction and farm workers
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
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