TechGraph Briefings

Speaking at the Conservative Political Action Conference (CPAC) conference, former United Kingdom's Prime Minister Liz Truss said, "We need Republicans in the white house."

"It isn't just America that needs it desperately, we need it desperately right across the free world, because you are the leaders of the free world, like it or not," she further added.

#liztruss #republican #cpac #uk #usa #breakingnews #news #biden #trump #democrats #uselection #britain #unitedkingdom #breakingnews

Former U.S. President Donald Trump addressed its supporters after defeating Nikki Haley in South Carolina's Republican contest.

#trump #nikkihaley #haley #donaldtrump #news #gop #election2024 #uselection #election #breakingnews #republican #republicanprimary #primary #us #usnews #biden #joebiden #southcarolina

During the fifth day of the hearing, the representatives from the Russian Federation, France, The #Gambia, #Guyana, and #Hungary vouched for their statements in the international courts on Israel’s occupation of Palestinian territories. #icj #russia #france #israel #palestine #gaza #worldcourt #internationalcourt #news #live #breakingnews #hamas #israelhamasconflict #israelpalestineconflict #breakingnews #newstoday

The Palestinian envoy to the United Nations Riyad Mansour has condemned the United States vetoing the Security Council push for a ceasefire by stating it "absolutely reckless and dangerous." Further speaking on this, Mansour said, "It is not Israel that should be protected by the veto. It is Palestinian children, women, and men, who must be protected by this Council acting now."#UnitedStates #UN #SecurityCouncil #ceasefire #Gaza #JoeBiden #Israel #News #USNews #palestine #Shorts #ytshort #ytshorts #short #topnews #topstories #breakingnews #unitednations

The United States has vetoed the resolution proposed by the United Nations (UN) Security Council for an immediate ceasefire in Gaza. #UnitedStates #UN #SecurityCouncil #ceasefire #Gaza #JoeBiden #Israel #News #USNews

US News: Republican Presidential candidate Nikki Haley holds a “State of the Race” speech in Greenville, South Carolina.

#Live #NikkiHaley #GreenVille #Republican #DonaldTrump #News #Trump #Republicans #Biden #NewsNow #Haley #Nikki #Carolina #GreenVille

After the civil fraud trial ruling, Former U.S. President Donald Trump said, “A crooked New York state judge just ruled that I have to pay a fine of $355 million for having built the perfect company.

“This is Russia, this is China, this all comes from the DOJ, it all comes out of Biden. It’s a witch hunt against his political opponent the likes of which our country has never seen before," he further added.

Read more news: https://techgraph.co

#newyork #trump #donaldtrump #short #shorts #news #latestnews #newslive #live #biden #judge #us #unitedstates #worldnews #trumplatestnews #ytshorts #ytshort

"The United Nations (UN) Secretary-General Antonio Guterres is shocked by the reported death of Russia's opposition leader Alexei Navalny, and has called for a full, credible, and transparent investigation," says UN spokesperson Stephane Dujarri.

Read more news: techgraph.co

#un #alexei #alexeinavalny #russia #unitednations #news #newsfeed #latestnews #newstoday #putin #shorts #short #techgraph #tgnews #tgshorts

U.S. President Joe Biden addressed the press conference on Russia's opposition leader Alexei Navalny's death. #biden #russia #alexeinavalny #alexei #putin #joebiden #politics #live #techgraph #tgnews #livenews #unitedstates #alexeinavalnydeath

A triple whammy of encouraging economic news this week has fuelled optimism in UK leadership circles - but Prime Minister Rishi Sunak and Chancellor Jeremy Hunt remain guarded, aware risks still lurk.

The upbeat data started Wednesday as inflation declined 6.7%, welcomed by Sunak as proof his strategy was reducing price growth. However, anticipating a rate rise from the Bank of England, ministers were surprised when the Monetary Policy Committee held at 5.25% instead.

Completing the trifecta, public borrowing figures for August came in £1 billion lower than forecast.

While hinting the interest rate peak may be reached, the decisions carry economic and political significance for Sunak. Yet challenges loom despite the triple boost.

One concern is a mortgage “time bomb” as 800,000 households exit teaser rates in late 2023, with 1.6 million more refinancing in the expected election year of 2024.

With Sunak targeting halved inflation by end-2023, a December drop to around 5.3% is required. But he and Hunt say the battle isn’t won. “The fight against inflation never happens in a straight line,” Hunt cautioned.

Hunt is resisting 2022 tax cut calls to avoid complicating inflation efforts. Sunak eyes the Spring Budget for pre-election giveaways after declaring victory over inflation.

The opposition expects 2024 polls amid improving but still pressured living costs. Tories hope voters see brighter horizons. Ex-PM Tony Blair noted he won power in 1997 amid recovery.

However, despite upbeat data, Sunak knows risks remain until inflation is decisively tamed. He won’t take stability for granted before then.

#news #uk #uknews #techgraph #techgraphbriefings #worldnews

The Bank of England decided to keep interest rates at 5.25 percent after they went up for nearly two years. This might make mortgage rates in the UK go down even more.

iMerit, an artificial intelligence-based data solution provider has announced the launch of Ango Hub, a technology-based platform for delivering data annotation tools for AI teams.

According to a press release, iMerit’s Ango Hub is expected to combine automation, annotation tools, and analytics into a single platform that can allow developers to build data pipelines for scaling AI into production.

Speaking at the launch, Gökhan Urul, co-founder and CEO, Ango said, “We look forward to developing the next generation of AI tools and technologies, but it is equally important to enable training ethical AI applications by leveraging the knowledge and insight of human intelligence through experts-in-the-loop.”

Apart from this, iMerit’s Ango Hub plans to roll out applications based on a generative AI framework. These applications will cater to various key industries, including medical AI, autonomous mobility, and precision agriculture, among others, the release added.

Further commenting on the launch, Radha Basu, founder, and CEO of iMerit said, “With this new platform, iMerit is uniquely positioned to meet can be able to meet the complex data needs of today’s most demanding AI projects.”

#startup #news #startupnews #ai #technology #technews

During a media briefing in Perry, Florida, Gov. Ron DeSantis said, "I'd also just remind potential looters that you never know what you're walking into. People have a right to defend their property. In this part of Florida, you got a lot of advocates and proponents of the Second Amendment. I've seen signs in different people's yards in the past after these disasters, and I would say it's probably here, ‘You loot, we shoot.'"

Republican's long-time senator, Mitch McConnell, froze for over 30 seconds during a press conference in Covington, Kentucky on Wednesday.

McConnell, 81, initially struggled to speak and hear after a reporter asked him if he would run in the upcoming 2026 after an event with the Northern Kentucky Chamber of Commerce.

#mcconnell #news #ustoday #techgraph #usnews #senator #america

The Pentagon on Thursday said, "The United States will begin training Ukrainian F-16 pilots in the U.S. from September."

Briefing the press, the Pentagon's spokesperson said, "This pilot will be attending English language training at Lackland Air Force Base in San Antonio, Texas in September before attending F-16 flying training in Arizona in October this year."

#russia #ukriane #f16 #unitedstates #news #us #RussiaUkraineWar #newslive

Foxconn's former chairman and Taiwanese billionaire Terry Gou on Monday announced his intention to run in the upcoming presidential election as an independent candidate.

Addressing the public gathering at TAIPEI, Terry Gou said, "I, Terry Gou, would like to update everyone that I have decided to enter the race for the 2024 presidential election."

Gou will need to collect 29,000 signatures to register as a candidate.

#taiwan #terrygou #apple #taipei #president #election #china #news #worldnews #foxconn #chinanews

Florida governor Ron DeSantis has said that Idalia could make landfall as a category two hurricane in the state by late Tuesday afternoon.

Hurricane Idalia is forecast to sustain winds of 96 to 110 mph when it makes landfall in northern Florida's Big Bend area on Wednesday.

#Florida #Hurricane #US #USNews #News #Idalia #RonDeSantis #Climate #UnitedStates

U.S. President Joe Biden warned Iran of a forceful strike in response to Iranian-backed militant groups' attack on American personnel in Syria.

"To make no mistake, the United States does not emphasize seeking conflict with Iran but being prepared for a military strike to protect our people," Biden said.

#biden #syria #iran #news #politics #breakingnews #joebiden #newslive #topstories #short #shorts #shortnews #techgraph #techgraphtv #tg

Welcoming the Swiss authorities' decision over Credit Suisse's takeover bid rival UBS, European Central Bank's (ECB) President, Christine Lagarde on Tuesday told the EU Parliament Committee that, The euro area banks were "resilient, with strong capital and liquidity positions." "But, if needed the Central Bank remains ready to support euro-zone banks with loans," She added.

"Our policy toolkit is fully prepared to provide liquidity support to the euro area financial system, and to sustain smooth transmission of monetary policy," Lagarde further stated.

#europeancentralbank #ecb #banking #finance #eu #europeancommission #lagarde #christinelagarde #bank #economy #financenews #news #breakingnews #topstories #topnews #newslive #techgraph

Read the latest news: https://techgraph.co

Speaking about the merger of UBS and Credit Suisse, Switzerland Finance Minister Karin Keller-Sutter said, "The UBS Bank and Credit Suisse's takeover is a commercial solution and not a bailout."

"The merger was prompted by concerns over Credit Suisse's liquidity, which could have caused collateral damage on the Swiss financial market and posed a risk of contagion for UBS and other banks," the statement said.

Commenting on the question asked by the reporter about the too-big-to-fail framework, the Finance Minister said, "The too-big-to-fail framework, which is typically applied to banks that cannot meet their liabilities, could not have been applied in this situation due to the unique nature of the problem."

"The bankruptcy of Credit Suisse would have had significant economic costs and the PLB, a guarantee to the central bank, was a well-known solution in other jurisdictions," Karin added.

Keller-Sutter further said that this solution is not a classic too-big-to-fail scenario, but a confidence crisis. Instead, the decision to merge UBS and Credit Suisse has been deemed the best solution, even though it resulted in an even bigger bank.

#creditsuisse #businessnews #banking #business #switzerland #news #topstories #latestnews #newslive #breakingnews #economy #finance

Addressing the press during the United Kingdom (U.K) and France Summit, Rishi Sunak, Prime Minister of the UK said, "We have agreed to train Ukrainian Marines to help them win the war against Russia."  

#ukraine #russia #uk #france #rishisunak #emmanuel #unitedkingdom #news #breakingnews #russiaukrainewar #politics #ukrainewar #war

Speaking on the Silicon Valley Bank (SVB) Failure, Cecilia Rouse, who chairs the Council of Economic Adviser on Friday said, "We have every faith in our regulators."

The Statement from Rouse came while she was addressing the press conference at the White House, where she said, "Secretary of the Treasury, Secretary Yellen, is closely tracking the developments on the Silicon Valley Bank (SVB), and is in conversation with regulators, including the Federal Reserve and the Office of the Comptroller."

She further stressed that the current banking system is fundamentally strong since after the 2008 global financial crisis.

#siliconvalleybank #bank #startup #startupnews #economy #svb #business #businessnews 

UK-France Summit: France President Macron and British PM Rishi Sunak Holds Join Press Meet

UN Secretary-General Antonio Guterres meets Ukrainian President Volodymyr Zelensky in Kyiv, Ukraine on Tuesday.  

#UN #ukraine #russia #antonioguterres #zelensky #putin #kyiv #news #unitednations #breakingnews 

Federal Reserve chairman Jerome Powell told U.S. lawmakers that, "The Fed will likely need to raise interest rates more than expected."  

#fed #jeromepowell #federalreserve #bank #banking #finance #businessnews #news #interestrates #investment #federal

During the House of Select Coronavirus Pandemic Subcommittee hearing on Wednesday, Dr. Robert Redfield, former director of the CDC told the Senate that, "the Coronavirus was more likely a result of an accidental lab leak than a result of a natural spillover event."

Quoting his initial findings, Redfield said, "This finding is based primarily on the biology of the virus itself, including its high infectivity for human-to-human transmission and the rapid evolution of new variants, as well as on the "unusual actions" that occurred in or around Wuhan in 2019."

#covid19 #news #cdc #covid #disease #senate #lab #breakingnews #coronavirus #corona #pandemic #wuhan #us #china

NATO Secretary General Jens Stoltenberg on Wednesday warned that Bakhmut could fall in the coming days. However, he stressed that this did not necessarily signal a turning point in the conflict.  

"Russia is deploying more troops and forces to Ukraine and trying to compensate for its lack of quality with quantity," he said.  

"However, we must not underestimate Russia, and we must continue to support Ukraine," he continued.  

Read latest news on: https://techgraph.co

#nato #russia #ukriane #news #worldnews #bakhmut #politics #breakingnews #politics

The UK's Home Secretary, Suella Braverman, on Tuesday proposed an illegal migration bill before the House of Commons in London.

Speaking about the proposed bill, Suella said, "This bill aims at detaining and swiftly removing illegal migrants who enter the country by crossing the channels by small boats."

"We've seen a 500% increase in small boat crossings in the last two years," she added.

#unitedkingdom #london #immigration #suellabraverman #rishisunak #britain #illegalmigration #houseofcommons #parliament #news #breakingnews 

Marianne Williamson, who ran unsuccessfully for the Democratic nomination in 2020, has today announced her bid for the 2024 presidential election.

Read more news: https://techgraph.co

#news #mariannewilliamson #democratic #presidentialelection #uselection #election #us #usnews #unitedstates #topnews #breakingnews 

In a recent speech, UK Prime Minister Rishi Sunak addressed the post-Brexit deal with the EU regarding Northern Ireland. He stated that Northern Ireland is in an "unbelievably special" and "unique" position in the world, with privileged access to both the UK home market and the European Union single market.  Speaking to the locals, PM Sunak said that no other region in the world has such access, making Northern Ireland an extremely attractive location for businesses to invest in. He added that during his travels around the world, he has found that businesses are eager to invest in Northern Ireland if the region's unique economic position is maintained.  Further adding to the statement, PM Sunak said, "The immense opportunity that lies ahead for Northern Ireland as a result of this privileged access, with the potential to become the "world's most exciting economic zone."  Sunak's speech comes at a crucial time for Northern Ireland, as the region continues to navigate the complexities of the post-Brexit landscape.

#rishisunak #uk #britain #economy #northernireland #news #breakingnews 

Oral arguments of Biden v. Nebraska: Justice Amy Coney Barrett asks unexpected questions in the hearing of  President Biden's student loan forgiveness plan.

#amyconeybarrett #supremecourt #biden #studentdebt #news #newslive #usnews #unitedstates #senate #studenloanforgivenessplan #studentdebtrelief #studentdebtreliefplan #breakingnews 

Speaking on the Union Budget 2023, which was presented by the Union Finance Minister Nirmala Sitharaman on February 01, 2023, Ratish Pandey, Business Coach at Ethique Advisory said, "Everyone was hoping for the next step in the credit guarantee scheme. And it is encouraging to see that the Honorable Finance Minister lived up to that promise as a keen proponent of education."

"The focus on skill development proposed in the budget and opening up access to entrepreneurship schemes is a positive step towards empowering the youth and encouraging entrepreneurship," Pandey continued.

Further adding to the statement, Pandey said, "I believe the focus on bringing artisans into a formal business space under the PM Vikas Scheme and encouraging women entrepreneurs is a positive step for the economy at large."

#news #msme #businessnews #business #unionbudget #budget2023

The Finance Minister, Nirmala Sitharaman, has announced the Union Budget 2023 with a focus on infrastructure and investment as the third priority. The budget aims to boost growth and employment after the pandemic by ramping up the cycle of investment and job creation. The capital investment outlay has been increased by 33% to 10 lakh crores, which is 3.3% of GDP, marking a substantial increase in recent years.  The government is committed to enhancing growth prevention and job creation, attracting private investment, and providing a cushion against global headwinds. The center's direct capital investment is being complemented by the provision made for the creation of capital assets through grants and aids.  The effective capital expenditure of the center is budgeted at 13.7 lakh crore rupees, which is 4.5% of GDP, with support from the states. The increase in infrastructure and investment is crucial for the country's economic recovery and growth. #budget2023 #budget #infrastructure #unionbudget #unionbudget2023 #gdp #realestate #nirmalasitharaman #economy #business #news #businessnews

In a major announcement on income tax changes, the government has revealed five significant changes to the personal income tax regime, aimed at benefiting the hard-working middle class.  

In detail:  

• Increase in rebate limit from 5 lakhs to 7 lakhs.  
• Reduction in the number of slabs from 6 to 5 with an increased tax exemption limit to 3 lakhs.  
• Tax rate structure: 0-3 lakhs – Nil, 3-6 lakhs – 5%, 6-9 lakhs – 10%, 9-12 lakhs – 15%, 12-15 lakhs – 20%, above 15 lakhs – 30%  Standard deduction benefits for the salaried class and pensioners.  
• Reduction in the maximum surcharge rate from 37% to 25%.  
• Increase in tax exemption on leave and cash payment for non-government salaried employees from 3 lakhs to 25 lakhs.  
• New tax regime to become default, but option to opt for old tax regime.  
• Resulting in a revenue loss of 35,000 crores with 37,000 crores in direct taxes and 1000 crores in indirect taxes being foregone, and 3000 crores mobilized.

#budget2023 #incometax #tax #news #notax #unionbudget #budgetsession #taxbenefits 

Addressing the parliament on the ongoing union budget session, Finance Minister Nirmala Sitharaman announced a sustained focus on the development of Jammu Kashmir, Ladakh, and the Northeast in her recent budget statement. The government has plans to build digital public infrastructure for agriculture as an open-source, interoperable public good. This will help farmers access relevant information and market intelligence, and support the growth of the agritech industry.

A cluster-based and value-chain approach will be adopted through public-private partnerships and a comprehensive Atmanirbhar Clean Plant program will be launched to boost the availability of disease-free planting material for high-value horticultural crops. The government also plans to make India a global hub for millet, which is a source of nutrition and food security for farmers.

An agricultural credit target of Rs 20 lakh crore will be increased with a focus on animal husbandry, dairy, and fisheries. A new sub-scheme for offshore fishing will be launched with a targeted investment of Rs 6000 crore. The government is promoting a cooperative-based economic development model and will set up massive decentralized storage capacity and multipurpose cooperative societies in uncovered panchayats and villages.

The government further announced its plan to establish 157 brand-new nursing colleges, launch a mission to eliminate sickle cell anemia and encourage investment in research and development in pharmaceuticals and medical devices. Teachers' training will be re-envisioned through innovative methods and the District Institute of Education and Training will be developed as a vibrant institute of excellence.

#budget2023 #jammu #jammukashmir #unionbudget #budget #nirmalasitharaman #news #breakingnews #newsupdate 

Briefing the ongoing parliament on the developments of the central government-run scheme, Minister of Finance Nirmala Sitharaman stated, “The focus on the universal isolation of targeted benefits has resulted in significant achievements."  Developments:  11.7 crore household toilets were constructed under the Swatch Bharat Mission.  9.6 crore LPG connections under the Pradhan Mantri Ujjwala Yojana.  The government has also provided COVID vaccination for 102 crore people.    47.8 crore bank account opened under PM Jan Dhan Yojana.   Insured 44.6% of the population under the Pradhan Mantri Jan Dhan Yojana and the Pradhan Mantri Jeevan Jyoti Yojana.  Transferred 2.2 lakh crores of rupees to over 11.4 crore farmers under the PM-Kisan scheme.

Addressing the ongoing parliament on the Union Budget 2023-24, Finance Minister Nirmala Sitharaman has announced an estimated fiscal deficit of 5.9% of GDP. 

This reiterated the government's plan to continue on the path of fiscal consolidation and reach a fiscal deficit of below 4.5% by 2025.

The finance minister stated that "The government has adhered to the plan and remains committed to bringing the fiscal deficit below 4.5 of GDP by 2025-26."

"To finance the fiscal deficit in 2023, net market borrowings from dated securities are estimated at 11.8 lakh crores, with the balance financing expected to come from small savings and other sources. The gross borrowings for the year are estimated at 15.43 lakh crores of rupees," Finance Minister added.

Further adding to the announcement, Minister said, "the government's commitment to the path of fiscal consolidation and reassured citizens that the government remains focused on reducing the fiscal deficit and maintaining the stability of the economy."

Addressing the ongoing parliament on the Union Budget 2023-24, the Finance Minister of India, Nirmala SItahraman has announced the launch of a women-specific small savings scheme named "Mahila Samman Savings Patra" or Saving Certificate.

Briefing the parliament on the scheme, Nirmala Sitharaman said, "The Mahila Samman Savings Certificate will be offered for two years, ending in March 2025, with a deposit facility of up to two lakhs in the name of a woman or girl. The scheme will offer a fixed interest rate of 7.5% with a partially withdrawn option."

Adding to the small saving scheme for women, the Finance minister further proposed the maximum deposit limit for the senior citizen's savings scheme has been increased from 15 lakhs to 30 lakhs. The monthly income account scheme has seen an increase from 4.5 lakhs to 9 lakhs for a single account and from 9 lakhs to 15 lakhs for a joint statement.

#Budget2023: We take a closer look at the expectations of the Business Process Outsourcing (BPO) industry ahead of the union budget. Animesh Jain, the Chief Delivery Officer of [24]7.ai, shares his thoughts on the need for the government to support the growth of the BPO industry in Tier two and Tier three cities in India.  As a major contributor to both employment and GDP, the BPO industry plays a crucial role in the Indian economy. However, the growth of the sector has been largely concentrated in Tier one cities, leaving behind the potential talent pool in smaller cities untapped.  Jain highlights the importance of the government investing in infrastructure development in Tier two and Tier three cities to attract and retain talent in these areas. He believes that this will not only help the BPO industry grow but also create new job opportunities and boost economic development in these regions.