Republicans Send Prayers After Maine Mass Shooting
A mass shooting in Maine has left at least 16 people dead and several others wounded.
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Welcome to the Bulletin,
- At least 22 people have been killed and dozens of others were injured in a shooting at a bowling alley and a bar in Lewiston, Maine. Police named Robert Card, 40, as a person of interest, who remains at large. Residents are urged to shelter in place.
- President Joe Biden said he has "no confidence" in the civilian death toll numbers Palestinian officials are using when asked if Israel was doing enough to "minimize civilian casualties." Meanwhile, Israeli strikes hit Hamas targets as Prime Minister Benjamin Netanyahu reiterated that forces are preparing for a ground invasion of Gaza.
- Rep. Mike Johnson has been elected House speaker after winning 220 votes, ending the House's three-week deadlock in light of Rep. Kevin McCarthy's historical ousting.
- Donald Trump was fined $10,000 by the judge overseeing his civil fraud trial for violating his gag order a second time, citing comments he made outside of the courtroom about the judge's staff.
- The United Auto Workers union announced it had reached a tentative contract agreement with Ford, possibly ending a nearly six-week strike. The union leaders and members still need to approve the deal.
- Hurricane Otis slammed into Mexico's southwest coast as one of the more powerful Category 5 storms, causing flooding, mudslides, and cutting off power and internet for more than half a million residents. The death toll is unknown.
- President Joe Biden warned China that the U.S. will be forced to intervene if Beijing attacks Philippines vessels, following two separate collisions between Chinese and Filipino ships in the South China Sea.
- India will resume some visa services in Canada on Thursday, in a move that could ease tensions between the two countries after a major diplomatic row last month over the killing of a Sikh activist.
- In the ongoing war in Ukraine, Ukrainian Armed Forces have created the so-called "Siberian Battalion" made up of Russian citizens who traveled to Ukraine to fight against Russian President Vladimir Putin's forces, Andriy Yusov, representative of Ukraine's Defense Ministry's Main Intelligence Directorate, confirmed to the Kyiv Post.
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Former Israeli Prime Minister Ehud Barak outlined four "constraints" to Newsweek that would weigh on Israel's war efforts against Hamas. With the Israel Defense Forces (IDF) set to launch an invasion of Gaza, Barak said the hostage situation (includes foreign nationals) "is more complicated than previous clashes." The second constraint is "the worry that it could spread" to other fronts, including with "Hezbollah in the north," in the West Bank, and even with "some Shiite militias backed by the Iranians that are deployed in Syria."
Barak said he "would not recommend to Hezbollah or to Lebanon to be involved" but warned that it "is beyond our control." It could "easily deteriorate into full-scale war." Barak emphasized that any escalation "will be tougher" and will "take a longer time to overcome," but "Israel will win."
House Republicans nominated Rep. Mike Johnson of Louisiana for House speaker Tuesday night, defeating rival Byron Donalds and becoming the second speaker designate in a single day after Minnesota Congressman Tom Emmer ended his nomination following a backlash from the GOP's MAGA faction. Johnson's nomination was fast-tracked after 26 far-right members of the party refused to back Emmer, who was also referred to as a "Globalist RINO" by former President Donald Trump.
Congress cannot complete several vital tasks without a speaker, including passing a budget bill to avert a shutdown once the current stopgap funding bill expires on November 17. Despite Johnson claiming he has enough support to secure the speakership, the sharp shift from the moderate Emmer may turn off some House GOP members. Johnson is a member of the Christian right who opposes abortion, LGBTQ+ rights, voted against certifying the 2020 presidential election results, served on Trump's impeachment defense team. He also is against sending funds to Ukraine, which is a matter of contention in the House.
TL/DR: "Taking the Fifth will result in a negative inference where her [Ivanka's] testimony will be presumed to be averse to [Donald] Trump," Attorney Andrew Lieb told Newsweek.
Ivanka Trump may be forced to testify as a witness in the civil trial against Donald Trump and her brothers even though she is not a defendant in the case. Her lawyers urged the attorney general's office to drop a subpoena, saying she's no longer party to the suit. As the trial continues, Trump slammed his former fixer Michael Cohen, calling him a "proven liar" after he testified that Trump had "arbitrarily" set his net worth numbers.
Ivanka's penthouse has come up several times during the trial. What Ivanka could say/not say if called as a witness may add weight to the case while potentially implicating herself. She can plead the Fifth Amendment if the answer to a question could incriminate her, Attorney Lieb told Newsweek.
What happens now? The trial will resume at 10 a.m. ET today, with Cohen on the stand. The prosecution can subpoena any witness to testify if the individual has information to offer, law professor Craig Trocino said. Despite arguments that Ivanka is not a party to the suit, Trocino added that she may have information that could prove/disprove a material fact or issue within the case. It's "unlikely that she can avoid testifying as she knows where the bodies are buried at the Trump Organization," Lieb said.
TL/DR: “Today's victory represents one more step towards ending this litigation and ensuring the lives of Georgians at all ages are protected." Georgia Gov. Brian Kemp wrote to Newsweek.
The Georgia Supreme Court ruled 6-1 in favor of upholding a six-week ban on abortion within the state. The ruling comes in response to a lawsuit challenging the 2019 "heartbeat bill" law, when Roe v. Wade allowed abortions past six weeks. With Roe v. Wade overturned, the court deemed the law not void and did not violate the U.S. Constitution.
Georgian residents can longer undergo an abortion after early cardiac activity is found in the fetus—typically before many are aware of their pregnancy. Abortion crackdowns nationwide have skyrocketed since Roe v. Wade's dismantlement, including in Texas, where Lubbock County recently voted to ban women from using their roads to seek abortions.
What happens now? The American Civil Liberties Union of Georgia said it would continue to fight, telling Newsweek the ban violates Georgians' “rights to privacy and equal protection under the state Constitution.” The case will now be sent back to a Fulton County court to consider other issues, as it now has to consider whether abortion is protected under the Georgia state constitution. This could mean it's still possible the law could be struck down on other grounds, and that the state Supreme Court could eventually consider it again. “This isn't the end of the litigation as the core question remains: does the Georgia Constitution's right to privacy protect abortion access?" Legal analyst Anthony Michael Kreis told Newsweek in a statement via X.
TL/DR: "California and China hold the keys to solving the climate crisis....Our decades-long work together proves what we can accomplish together—cleaning the air, accelerating the transition to electric vehicles, protecting people from extreme weather and conserving lands and oceans," Newsom said in a statement last week.
California Gov. Gavin Newsom's ongoing trip to China has come under fire from activists after he was accused of refusing to challenge Beijing on its human rights record in exchange for closer cooperation on climate change. Newsom's team said he would steer clear of controversial topics such as the situation in Xinjiang, where China is accused of interning some 1 million Uyghur Muslims in camps, after China said such issues were a "red line" if it is to cooperate on other challenges.
Human Rights Watch acting China Director Maya Wong told Newsweek that by framing climate and human rights as a trade-off, the governor is abetting the Chinese government's efforts to marginalize human rights. But Newsom has received praise from Beijing for approaching the visit with diplomatic aims: "Chinese people currently lack faith in Washington as a whole," an editorial in the state-owned Global Times read. "However, the welcome for Governor Newsom's visit is sincere and warm, as it is always a pleasure to greet a friend from afar."
What happens now? Newsom has said the purpose of the trip is to bridge the divide between the world's two biggest polluters by talking about green energy as well as economic development, tourism, and cultural exchanges. Newsom is currently in the city of Shenzhen, which borders Hong Kong. He is also scheduled to travel to Guangzhou, Beijing, Shanghai and Jiangsu.
TL/DR: “People are already making consumer decisions related to sustainability by choosing brands that offer fuel-efficient cars or foods that are organically grown, and now they’re making similar decisions with their investing,” Michael Young of US SIF told Newsweek.
Extreme weather conditions have made the dangers of climate change clearer than before, prompting people to direct their money into investments that tackle global warming and improve the environment. Known as green investing, people are applying non-financial factors — or ESG (environmental, social, and governance) criteria — with financial ones to help pick stocks.
Why it Matters? In recent years, cash has been pouring in. Total assets in ESG investments stand at around $8.4 trillion, or ~12.6% of all money invested in the U.S., according to the nonprofit Forum for Sustainable and Responsible Investment (US SIF). That's one in every eight investor dollars stashed in an ESG investment fund.
What happens now? The financial services industry has introduced new funds/ETFs that follow sustainable investing strategies. But it’s crucial to dig into details. The first step is to figure out which environmental issues matter most to you, says financial planner Marguerita Cheng. Then, sort through funds for a suitable match. Your best bet is either an ESG index fund that holds established companies and tracks a benchmark of stocks that meet sustainable criteria or an actively managed fund that makes its picks but follows a similar strategy.
Don't Expect Mass Layoffs Anytime Soon
There are little signs that Americans should expect massive job losses any time soon.
Recent layoffs from the tech sector have created a sense that the jobs market may have begun to soften under the weight of high interest rates and elevated inflation. But there is evidence that Americans are learning to navigate their way around high prices and are still spending at a healthy clip, powering the economy. When job losses have emerged, businesses have absorbed them pretty quickly, economists say.
"Nothing in the data is cause for alarm, meaning it's not that we're thinking all of a sudden we'll see a spike in unemployment or a huge wave of layoffs that can't be absorbed at this point," Yelena Maleyev, a senior economist at consulting firm KPMG, told Newsweek. "Simply because of how much resilience we've seen in the consumer and how much they continue to spend and sit on excess savings as well."
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