Distinction Matter - Subscribed Feeds

  1. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    Jan 6 Committee Chair Offers Bill To End Secret Service Protection For Convicted Felons

    In a move aimed at Donald Trump, House Democrats have introduced a bill that would remove Secret Service protection for any former executive sentenced to prison for a federal or state felony.   

    The bill comes from Democratic Mississippi Rep. Bennie Thompson, who, in a fitting Deep State overlap, is not only the former Jan. 6 committee chairman but also the ranking member of the Homeland Security committee. Introduced Friday, HR 8081 has 8 cosponsors so far -- all Democrats. 

    These days, nearly every bill comes with a goofy, forced acronym, and this one's no exception. Thompson has titled it the “Denying Infinite Security and Government Resources Allocated toward Convicted and Extremely Dishonorable (DISGRACED) Former Protectees Act.”

    Rep. Bennie Thompson is working to pave the path for Trump prison time (Getty Images via The Hill)

    The measure seeks to address an admittedly huge conundrum that would arise in the event Trump gets jail time for any of the various politically-motivated prosecutions he's facing around the country: How would Secret Service agents operate inside a prison?  

    If Thompson's bill became law, they simply wouldn't. That would make possible Democrats' fever dreams of Prisoner Trump getting shivved in a prison shower, and negate their dread that a judge might choose to sentence Trump to house arrest out of mere practicality.

    As Homeland Security committee Democrats wrote in a fact sheet describing the bill: 

    “This bill would remove the potential for conflicting lines of authority within prisons and allow judges to weigh the sentencing of individuals without having to factor in the logistical concerns of convicts with Secret Service protection." 

    Trump is currently facing four prosecutions

    • The scandal-plagued Georgia election interference case led by DA Fanni Willis, who was having an affair with one of her prosecutors
    • A federal election interference case 
    • Federal charges of mishandling classified documents
    • The underway New York hush money trial, which centers on alleged falsification of business records regarding payments to compensate porn actress Stormy Daniels for keeping quiet about her alleged affair with Trump  

    “It is regrettable that it has come to this, but this previously unthought-of scenario could become our reality,” said Thompson -- as if he and his comrades don't want that reality more than anything on Earth. 

    Tyler Durden Tue, 04/23/2024 - 17:25
  2. Site: RT - News
    3 weeks 3 days ago
    Author: RT

    The four-legged “dog” is equipped with a flamethrower

    Almost any American with about $10,000 to spare can now own a robot dog with a flamethrower mounted on its back, the Ohio-based company Throwflame has announced.

    The four-legged creature dubbed ‘Thermonator’ is actually a drone, controlled via a first-person-view (FPV) interface, with a battery life of up to one hour. Its ARC flamethrower has a range of 30 feet (10 meters), according to specifications released by the company.

    “Thermonator is the first-ever flamethrower-wielding robot dog,” the company said in a press release on Tuesday, when it started taking orders.

    The Thermonator appears to be based on the Unitree Go1, a smaller and lighter version of the Boston Dynamics’ famous ‘Spot’ robo-dog. Throwflame has listed its retail price as $9,420, with free shipping to any US state.

    According to the company, flamethrowers are “federally unregulated and not even considered a firearm (ironic) by the [Bureau of Alcohol, Tobacco and Firearms].” Only two states have restrictions on flamethrowers; California requires a permit, while Maryland has outlawed them entirely. It is the buyer’s responsibility to make sure they obey local laws, Throwflame said.

    READ MORE: Robot kills man

    The Cleveland, Ohio-based company bills itself as “the oldest flamethrower manufacturer in the US” and claims its products are “built with pride by military veterans.”

  3. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    Global Military Spending Hits All-Time High Of $2.4 Trillion

    By Tim Martin at BreakingDefense

    Global military expenditure surged to a record $2.44 trillion in 2023, the largest year-on-year rise on weapons spending since 2009, according to a new Stockholm International Peace Research Institute (SIPRI) report.

    The report, published today, said that the new figure is an “all time high,” equivalent to a 6.8 percent increase on spending in 2022 and marking the ninth consecutive year in which global military expenditure rose.

    The report also shows that for the first time in 15 years, global defense spending increased across all five major geographical regions: Africa, Europe, the Middle East, Asia and Oceania, and the Americas.

    “The unprecedented rise in military spending is a direct response to the global deterioration in peace and security,” said Nan Tian, senior researcher at SIPRI’s Military Expenditure and Arms Production Programme. “States are prioritizing military strength but they risk an action–reaction spiral in the increasingly volatile geopolitical and security landscape.”

    The US remains the world’s largest defense spender, outlaying $916 billion last year, a 2.3 percent annual increase, ahead of China in second place, which spent an estimated $296 billion, a 6 percent increase over the same period. SIPRI added that Beijing’s total spending stands as the 29th consecutive spike in national military spending, year-on-year, and represents “half” of all military spending across Asia and Oceania. (China’s annual military budget is publicly recorded at $222 billion, though recently a US senator said US intelligence believes the actual budget is more than three times that much.)

    Amid its invasion of Ukraine, Russia moved the needle on national military expenditure considerably too, increasing spending by 24 percent for an estimated total of $109 billion last year. The figure also accounts for 16 percent of all government money spent by the Kremlin over 2023.

    Ukraine spending reached $64.8 billion, an annual leap of 51 percent. Overall, Kyiv sits as the eighth highest global military spender.

    When combined, Ukraine’s spending and miliary aid of “at least” $35 billion, mainly from the US and other international partners, amounted to around 91 percent of Russian spending. Not included in SIPRI’s figures is the new $60 billion in new US assistance, including $13.8 to replenish US stockpiles, after the House passed a $95 billion supplemental on Saturday.

    I am grateful to the United States House of Representatives, both parties, and personally Speaker Mike Johnson for the decision that keeps history on the right track.

    Democracy and freedom will always have global significance and will never fail as long as America helps to…

    — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) April 20, 2024

    At a NATO level, the 31 member states from 2023 spent $1.34 trillion, equivalent to 55 percent of global military expenditure, with the US accounting for more than two thirds of the total.

    Elsewhere, as tension with China heightens, both Japan and Taiwan increased their respective military spending by 11 percent, with Tokyo outlaying $50.2 billion and Taipei pitching in $16.6 billion.

    SIPRI also said that “war and tensions” in the Middle East led to the largest spending increase across the region in the “past decade”: a 9 percent jump in expenditure, working out to $200 billion for the region last year.

    The change was largely a result of increased spending by Israel, the second largest spender in the region behind Saudi Arabia, and which drew on $27.5 billion in 2023 — a 24 percent increase. The push for new funding from Tel Aviv was “mainly driven by Israel’s large-scale offensive in Gaza in response to the attack on southern Israel by Hamas in October 2023,” noted SIPRI.

    “The large increase in military spending in the Middle East in 2023 reflected the rapidly shifting situation in the region — from the warming of diplomatic relations between Israel and several Arab countries in recent years to the outbreak of a major war in Gaza and fears of a region-wide conflict,” said Diego Lopes da Silva, senior researcher at SIPRI’s Military Expenditure and Arms Production Programme.

    Full report below (pdf link)

    Tyler Durden Tue, 04/23/2024 - 17:05
  4. Site: Novus Motus Liturgicus
    3 weeks 3 days ago
    Phillip Campbell, author of the blog Unam Sanctam Catholicam, and of a lot of books, is putting together a book project about young people and their love for the traditional Latin Mass. We are glad to share his post about it, and encourage our readers to consider participating.Photo by Allison Girone“I am working on compiling a series of essays from young people on the subject of what the Latin Gregory DiPippohttp://www.blogger.com/profile/13295638279418781125noreply@blogger.com0
  5. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    WTI Holds Gains After API Reports Unexpected Crude Inventory Draw

    Oil priced ended notably higher today after recovering strongly from overnight weakness (driven by a Bloomberg report that said fresh U.S. sanctions targeting vessels and refineries handling Iranian oil shipments were having a muted impact on crude supply).

    If implemented and enforced, the new sanctions could add as much as $8.40 to global prices, according to ClearView Energy Partners, a Washington-based consulting firm.

    But...

    “Oil traders are nonchalant because they know Biden will certainly sign whatever waivers are necessary to keep Iranian oil flowing into the market just as he is keeping Russian barrels flowing into the market,” said Jim Lucier, managing director at Capital Alpha Partners, a Washington-based research group.

    And here's why!

    Source: Bloomberg

    The rebound in prices came as WTI tested to a $80 handle, finding support at its 50DMA ($81.25), and after dismal PMI data prompted a 'bad news is good news' bid in stocks and bonds as rate-cut hopes were revived (modestly).

    Analysts expect a fifth straight week of crude inventory builds and another drawdown in product stocks at tomorrow's DOE data dump. Tonight's API preview will confirm or deny hopes...

    API

    • Crude -3.23mm (+500k exp)

    • Cushing -898k

    • Gasoline -595k (-1.5mm exp)

    • Distillates +724k (-1.0mm exp)

    Crude stockpiles unexpectedly drew down last week (after four straight weekly builds), but distillates stocks unexpectedly built...

    Source: Bloomberg

    WTI was trading around $83.30 ahead of the API data (after a roller-coaster day)...

    The conflict in the Middle East has "undoubtedly exacerbated tensions in an already volatile region," Stephen Innes, managing partner at SPI Asset Management, told MarketWatch.

    "While the recent attacks have been downplayed, the potential for further escalation cannot be entirely dismissed."

    However, "there's a lesson to be gleaned from this situation, particularly in how swiftly demand responded to higher oil and gasoline prices, as evidenced by the increase in U.S. oil stockpiles," he said.

    Tyler Durden Tue, 04/23/2024 - 16:55
  6. Site: RT - News
    3 weeks 3 days ago
    Author: RT

    Described as a “psychological thriller,” the film promises a “detailed analysis” of the Russian leader’s life and mind

    The “world premiere” of a new biopic of Russian President Vladimir Putin featuring an AI-rendered central character has been announced by the Polish studio AIO.

    The film, which was first announced in May 2022 and is titled ‘Putin’, will be released in 35 countries on September 26, according to a statement issued via PR Leap.

    The English-language debut of Polish director Patryk Vega, also known as Besaleel, is reportedly the result of three years of filming and “pioneering AI technology.” The film claims to capture the “motives and actions of one of the most controversial figures in contemporary politics,” Vega said.

    A recently released 2.5-minute trailer, which includes AI-generated shots of an adult Putin wearing a diaper and taking part in martial arts, promises detailed analysis of the Russian leader’s life and psyche over 60 years.

    Viewers will be able to “get up close and personal” with the Russian leader’s story, touching on some of the “most intimate moments” of his life, it claims.

    “Inviting Putin to the studio for 20,000 shots wasn’t an option,” Vega said, adding that the archival materials available online didn’t allow for training a high-resolution deepfake model suitable for cinematic use. “As a result, after nearly two years of development, we’ve created our pioneering AI-driven technology, enabling us to craft the cinematic character without relying on a real human model.”

    The Polish director further claimed that his “production’s mission is to provide viewers with a ‘user manual’ for Putin, aiming to alleviate the fear and uncertainty that dominate today’s world.”

    READ MORE: German leader tells Putin he can’t quote legendary philosopher

    According to PR Leap, the movie was filmed in locations such as Russia, Ukraine, Israel, Syria, Jordan, and Poland. 

    Vega is responsible for a string of homegrown box-office hits “characterized by grisly violence and glossy production values” including Pitbull, Mafia Women and Botoks, according to The Guardian.

  7. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    2nd Democrat Congressman Sued For Defamation By Ex-Biden Associate Tony Bobulinski

    Authored by Zachary Stieber via The Epoch Times (emphasis ours),

    A U.S. congressman is being sued for allegedly defaming a former associate of the Bidens who claims to have personally met with President Joe Biden. The lawsuit was filed on April 22.

    Ranking member of the House Oversight Committee Rep. Jamie Raskin (D-Md.)

    Tony Bobulinski is suing Rep. Jamie Raskin (D-Md.) over his claims that Mr. Bobulinski, a military veteran, is a Russian or Chinese spy, after Mr. Raskin ignored demands to retract these claims.

    Mr. Bobulinski worked for years with President Biden’s son, Hunter Biden, and the president’s brother, James Biden. He has told the FBI and, more recently, members of Congress that he met with President Biden, that Hunter Biden would seek his father’s approval and advice on business deals, and that messages between himself and others indicate that President Biden, when vice president, was involved in the family’s business dealings.

    “Joe Biden was more than a participant in and beneficiary of his family’s business; he was an active, aware enabler who met with business associates such as myself to further the business, despite being buffered by a complex scheme to maintain plausible deniability,” Mr. Bobulinski testified in March.

    Mr. Raskin soon after appeared on MSNBC and said that Mr. Bobulinski and other witnesses that have come forward during the U.S. House of Representatives impeachment inquiry against President Biden are either a Chinese spy or Russian spy.

    “And none of them has laid a glove on Joe Biden because he hasn’t done anything wrong,” Mr. Raskin said, adding later that “the only crimes we’ve identified are by their own witnesses.”

    Mr. Raskin also posted a statement on social media platform X in which he called Mr. Bobulinski a “political pawn” of former President Donald Trump and said Mr. Bobulinski had been “unable to support his claims against President Biden with any evidence.”

    Mr. Raskin has also accused Mr. Bobulinski of collaborating with President Trump’s campaign.

    Each of the statements is unequivocally false,” the new suit, filed in Maryland, states.

    Mr. Bobulinski has paid for his own legal fees and is not affiliated with President Trump’s campaign, according to the filing. It also says he has never lied about his experience with the Biden family and has provided evidence, including emails and other messages, backing his statements.

    Mr. Raskin “deliberately and maliciously made these statements, outside the scope of his employment, in an attempt to discredit Mr. Bobulinski’s testimony and to besmirch Mr. Bobulinski’s character,” the suit states. “It was a mistake for defendant to believe he was cloaked with immunity for his defamatory statements.”

    A demand to retract the statements was ignored, according to the filing.

    A spokesman for Mr. Raskin, the top Democrat on the House Oversight Committee, did not respond to a request for comment.

    The suit seeks $20 million in damages.

    Mr. Bobulinski has also recently sued Jessica Tarlov, a Fox News host, and Rep. Daniel Goldman (D-N.Y.) for defamation.

    Fox has said that Ms. Tarlov appropriately issued an update in which she said she had no evidence that payments from a super political action committee for President Trump to a law firm representing Mr. Bobulinski were connected with Mr. Bobulinski’s legal fees; however, the lawsuit claims that this update was insufficient.

    Ms. Tarlov “failed to retract and apologize,” it states, noting that she described the update as a clarification and not a retraction.

    Mr. Goldman, meanwhile, was sued after claiming that Mr. Bobulinski’s testimony was “Russian disinformation” and that Mr. Bobulinski was a “Trump campaign plant.” Mr. Goldman does not appear to have responded to the filing.

    An earlier lawsuit says that Cassidy Hutchinson, who worked for White House’s chief of staff, Mark Meadows, during the Trump administration, lied about Mr. Bobulinski in her book when she alleges he wore a ski mask while meeting with Mr. Meadows.

    Ms. Hutchinson, according to the court docket, has not yet responded to the suit.

    Tyler Durden Tue, 04/23/2024 - 16:40
  8. Site: The Remnant Newspaper - Remnant Articles
    3 weeks 3 days ago
    Of course, women priests and popes are part of a bigger package containing all sorts of theological surprises...
  9. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    Tesla Soars: Misses Across The Board, But Is "Accelerating" Rollout Of "More Affordable Models"

    As previewed earlier, today's TSLA print is likely to be ugly: the company is the only Mag7 member expected to reported negative earnings growth...

    ... as a result of anemic Q1 sales, where the (growing) delta between production and deliveries was 46,000+ cars. Since then, CEO Elon Musk has doubled down on his robotaxi vision and vowed to unveil said robotaxi on August 8th. He also laid off more than 10% of the workforce and lost two key executives, while over the weekend, Tesla slashed prices across its lineup yet again and also reduced the cost of Full Self-Driving, or FSD -- which despite the name requires attentive drivers to keep their hands on the wheel.

    For those who missed it, this is what Wall Street is looking for, starting with the first quarter:

    • Q1 Revenue estimate $22.3 billion
    • Q1 Adjusted EPS estimate 52c
    • Automotive gross margin estimate 17.6%
    • Free cash flow estimate $651.7 million
    • Gross margin estimate 16.5%
    • Capital expenditure estimate $2.4 billion
    • Cash and cash equivalents estimate $23.24 billion

    Turning to the next quarter:

    • Q2 Automotive gross margin estimate 17.9%

    And the full year

    • Deliveries estimate 1.94 million
    • Automotive gross margin estimate 17.9%
    • Capital expenditure estimate $9.91 billion

    Goldman cautions that while there is clearly skepticism on both TSLA and the EV market as a whole, with deliveries already announced for 1Q (stock was down 5% on this and another -14% additionally since), much of this has been priced in with short interest is at 3-year highs. Goldman thinks the key focus for investors will be

    1. Can they grow volumes in 2024? Goldman thinks investors were at +10-15% y/y to start the year and are now in the 1-2% range, and
    2. What are gross margins and how low do they need to go? Consensus looks to be 15.8% (ex-credits) and bogey seems to be below 15% for the quarter.

    The one thing that everyone -- from the Wall Street giant to the retail investor -- wants from this earnings print and call, is simple: Clarity. Each group historically assigns different importance to different things and never before has the dichotomy of a robotaxi thesis vs. the pursuit of an affordable EV been so important. So Elon better give the people (investors) what they want, unless he wants to see what is already a record-matching stretch of stock price declines extend further.

    Musk has also given us plenty of hints on his focus (spoiler: it’s Robotaxi). And sure enough, the call with Musk will be more important than the print itself. As Bloomberg notes, do we get an expansive, optimistic Musk who sells investors on the robotaxi? Or is he testy and curt with Wall Street analysts?

    While Tesla shares closed up 1.8% ahead of the results, snapping a seven day losing streak, and joining the other mega-cap names that also rose, Tesla earnings haven’t been a happy event for investors for a long time now: shares of the company have dropped at least 9% the day after its results in each of the past four quarters. Tuesday’s announcement can also lead to a volatile reaction, with options trading implying that investors are pricing in an 8.3% move in either direction.

    Meanwhile, technical strategists, who analyze moves in share prices to predict their future path, are also warning that the stock currently has little support and there’s risk that any disappointment in Tuesday’s report or Musk’s conference call could snowball into a much larger decline.

    * * *

    With all that in mind, here is what the company reported for the first quarter:

    • Q1 Revenue $21.3BN, down 9% YoY, and missing estimates of $22.3BN
    • Q1 Adj EPS 45c, down 47% YoY, and missing estimates of 52x
    • Q1 Operating income $1.17BN, down 56% YoY and missing estimates of $1.53BN
    • Q1 Automotive Gross Margin Ex-Regulatory Credits 16.4%, missing estimates of 17.6%
    • Q1 Free Cash Flow -$2.53BN, vs +$441MM YoY and missing estimates of +653.6MM

    In short: a hot mess as summarized below:

    Some more details on the results, starting with revenue which declined 9% YoY in Q1 to $21.3B. YoY. revenue was impacted by the following items:

    • - reduced vehicle average selling price (ASP) YoY (excl. FX impact), including unfavorable impact of mix
    • - decline in vehicle deliveries, partially due to the Model 3 update in the Fremont factory and Giga Berlin production disruptions
    • - negative FX impact of $0.2B1
    • + growth in other parts of the business
    • + higher FSD revenue recognition YoY due to release of Autopark feature in North America

    Turning to operating income, that decreased YoY to $1.2B in Q1, resulting in a 5.5% operating margin. YoY, operating income was primarily impacted by the following items:

    • - reduced vehicle ASP due to pricing and mix- increase in operating expenses partly driven by AI, cell advancements and other R&D projects
    • - cost of Cybertruck production ramp
    • - decline in vehicle deliveries, partially due to the Model 3 update in the Fremont factory and Giga Berlin production disruptions
    • + lower cost per vehicle, including lower raw material costs, freight and duties
    • + gross profit growth in Energy Generation and Storage including IRA credit benefit
    • + higher FSD revenue recognition YoY due to release of Autopark feature in North America

    The company's cash at quarter-end was $26.9B, a sequential decrease of $2.2B which was the result of negative free cash flow of $2.5B, driven by an inventory increase of $2.7B and AI infrastructure capex of $1.0B in Q1.

    While we already knew the operating summary, here it is again:

    Charted, the results are anything but pretty:

    And while the disappointing results would likely have been enough to hammer the stock even more after hours, TSLA is soaring due to these four paragraphs in the company's "product outlook" section, which promise what everyone has been hoping for: cheaper cars are coming and sooner than expected, meaning Reuters indeed lied (it also mentions the robotaxi whose August 8 unveil Musk hinted at recently):

    We have updated our future vehicle line-up to accelerate the launch of new models ahead of our previously communicated start of production in the second half of 2025.

    These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms, and will be able to be produced on the same manufacturing lines as our current vehicle line-up.

    This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex efficient manner during uncertain times. This would help us fully utilize our current expected maximum capacity of close to three million vehicles, enabling more than 50% growth over 2023 production before investing in new manufacturing lines.

    Our purpose-built robotaxi product will continue to pursue a revolutionary “unboxed” manufacturing strategy.

    An earlier launch of cheaper EVs would be a reversal of the Reuters news around a cheaper Tesla model being pushed back, which musk already pushed back on. Arguably Tesla does not need to just release a model to compete with a Toyota Camry to see further growth. BYD, for example, has dozens of models out there for consumers to choose from. Tesla, meanwhile, has opted for less model variety and that has contributed to some of the challenges they’ve faced.

    Reuters is lying (again)

    — Elon Musk (@elonmusk) April 5, 2024

    Here are some other highlights from the company's Outlook section:

    • Volume: Our company is currently between two major growth waves: the first one began with the global expansion of the Model 3/Y platform and we believe the next one will be initiated by advances in autonomy and introduction of new products, including those built on our next generation vehicle platform. In 2024, our vehicle volume growth rate may be notably lower than the growth rate achieved in 2023, as our teams work on the launch of the next generation vehicle and other products. In 2024, the growth rates of energy storage deployments and revenue in our Energy Generation and Storage business should outpace the Automotive business.
    • Cash: We have sufficient liquidity to fund our product roadmap, long-term capacity expansion plans and other expenses. Furthermore, we will manage the business such that we maintain a strong balance sheet during this uncertain period.
    • Profit: While we continue to execute on innovations to reduce the cost of manufacturing and operations, over time, we expect our hardware-related profits to be accompanied by an acceleration of AI, software and fleet-based profits.

    Some more details from the presentation:

    • Tesla notes (on page 7) that it produced 1,000 Cybertrucks in a single week in April. Positive ramping signs, although the Cybertrucks were recently recalled due to issues with its pedal.
    • Working capital remains a big issue: global vehicle inventory rose to 28 days, a huge jump from the 15 days at the end of the last quarter.
    • Tesla said that production at Gigafactory Shanghai was down sequentially due to seasonality and planned shutdowns around Chinese New Year in Q1. It also notes that demand typically improves throughout the year, and as it enters new markets, "such as Chile, many of them will be supplied from Gigafactory Shanghai.”
    • There was the following interesting acknowledgmenet: “Global EV sales continue to be under pressure as many carmakers prioritize hybrids over EVs. While positive for our regulatory credits business, we prefer the industry to continue pushing EV adoption, which is in-line with our mission.”

    Turning to the company's battery division, Tesla deployed a record amount of energy storage for the quarter – 4,053 megawatt-hours – topping its prior record by 2%. Tesla has become a dominant force in the storage business, vying with competitors such as Fluence Energy and Sungrow Power Supply to deploy big batteries that can back up solar plants or prevent blackouts on the electric grid. That market is growing at breakneck speed, with US deployments in the fourth quarter jumping 358% compared to the same period of 2022, according to Wood Mackenzie.

    Still, as Bloomberg notes, probably for the first time since it bought SolarCity, Tesla didn’t disclose its quarterly deployments of solar, instead noting the following: "In its Energy Generation and Storage business: “Revenues were up 7% YoY and gross profit was up 140% YoY, driven by increased Megapack deployments, partially offset by a decrease in solar deployments." In Q4, the company deployed 41 megawatts.

    Another notable highlight: the company has previewed what ride-hailing will look like using the TSLA app. Watch out Waymo and Uber, TSLA is coming for you:

    And so, with the stock having cratered in the past week, sliding for a record-matching 7 consecutive days, the market is finally happy with what Musk revealed and the stock is sharply higher after hours, surging some 6% and erasing the 4 most recent days of losses...

    ... although much will depend on Musk's tone during the earnings call, where TSLA's overtime fate will be decided.

    Tyler Durden Tue, 04/23/2024 - 16:25
  10. Site: LifeNews
    3 weeks 3 days ago
    Author: Right to Life UK

    Campaigners are calling on MPs to reject a new amendment tabled by Labour MP, Stella Creasy, to the Criminal Justice Bill that would make extreme changes to abortion laws.

    The amendment (NC40) proposes making the biggest changes to abortion laws since the Abortion Act was introduced in 1967.

    The proposed change to the law would make it more likely that healthy babies are aborted at home for any reason, up to birth, by removing key deterrents against performing an abortion at any point right through to birth.

    The amendment would remove the possibility of custodial sentences for abortions after 24 weeks and by not suggesting any meaningful alternative sanctions, the amendment would remove a key deterrent against late-term abortions.

    The amendment would also require the Director of Public Prosecutions (DPP) personally to approve prosecutions of women or abortion providers who perform abortions after the legal limit up to birth. This would introduce an extra hurdle before prosecutions can take place, which may deter police investigations, making abortions up to birth more likely. It would also likely lead to unreasonable pressure being placed on the DPP.

    These changes to the law would likely lead to a significant increase in the number of women performing late-term abortions at home, endangering the lives of many more women.

    They would also likely lead to an increased number of viable babies’ lives being ended well beyond the 24-week abortion time limit and beyond the point at which they would be able to survive outside the womb.

    HELP LIFENEWS SAVE BABIES FROM ABORTION! Please help LifeNews.com with a donation!

    Making it easier to cover up infanticides

    Stella Creasy’s amendment would remove key deterrents against hiding the body of a dead baby included in Section 60 of the Offences Against the Person Act 1861.

    Section 60 makes it an offence to conceal the birth of a child by hiding the dead body of a child after its birth, including in circumstances when the baby has been killed through infanticide. This law change could make it easier to cover up infanticides.

    Removing a series of key safeguards provided by the Abortion Act

    The amendment would also remove a series of key safeguards provided by the Abortion Act through to 24 weeks.

    It proposes making this law change by removing offences for women and doctors committed under sections 58 and 59 of the Offences Against the Person Act (OAPA) and the Infant Life (Preservation) Act (ILPA) through to 24 weeks.

    As the Abortion Act was passed to create exemptions to sections 58 and 59 of the OAPA and the ILPA, removing such offences committed under sections 58 and 59 of the OAPA and the ILPA would make key safeguards provided by the Abortion Act 1967 redundant through to 24 weeks.

    This means abortion would be available on demand, for any reason up to 24 weeks.

    If the proposal becomes law, sex-selective abortion would become legal in England and Wales. Sex-selective abortion usually targets baby girls due to a preference among certain parents and some cultures for having sons. The Government maintains that, under our current legislation, abortion on the grounds of the sex of the baby is illegal because it is “not one of the lawful grounds for termination of pregnancy” set out in the Abortion Act, which stipulates that abortion can only be performed under specific grounds.

    Under the proposed law change, the Abortion Act and the grounds under which abortion is permitted would effectively be made redundant up to 24 weeks, allowing abortion on demand, for any reason, including sex-selective abortion.

    Section 1(3) of the Abortion Act restricts abortion to hospitals or places approved by the Secretary of State. Without this safeguard, there would be no legal restrictions on places where abortions could be performed up to 24 weeks.

    The amendment would also result in there being no legal requirement that abortions take place under the care of a qualified doctor. Currently, the Abortion Act requires that an abortion takes place under the care of a registered medical practitioner (qualified doctor) who leads or directs the abortion process.

    Under the proposed law change, there would also be no legal requirement that two qualified doctors certify an abortion. Section 1(1) of the Abortion Act requires two registered medical practitioners (doctors) to certify that an abortion is legal and is being performed under one of the grounds set out in the Abortion Act. Without this safeguard, there would be no legal requirement that two doctors certify an abortion up to 24 weeks.

    Strong opposition from the public and medical professionals

    Polling undertaken by ComRes, shows that only 1% of women support introducing abortion up to birth and 70% of women would support a reduction in the time limit from 24 weeks to 20 weeks or below. The same polling showed that 91% of women agree that gender-selective abortion should be explicitly banned by the law.

    Polling published by the Daily Telegraph shows that more than half of the general public agree that it should remain the case that a woman is breaking the law if she has an abortion of a healthy baby after the current 24-week legal time limit up until birth. Only 16% disagreed.

    Over 750 medical professionals have now signed an open letter to MPs opposing making extreme changes to abortion legislation part of the Criminal Justice Bill.

    A number of high-profile commentators in the media, some of whom take a pro-choice position on abortion, have come out against making extreme changes to abortion legislation, saying the proposals go “too far”.

    Major campaign launched to oppose abortion up to birth

    Following the tabling of Stella Creasy’s extreme abortion amendment, pro-life organisation Right To Life UK, has launched a major nationwide No To Abortion Up To Birth campaign focused on defeating attempts to hijack the Criminal Justice Bill that would introduce extreme changes to our abortion laws.

    Right To Life UK is encouraging members of the public around the country to urgently contact their MP using the tool at www.righttolife.org.uk/uptobirth to ask their MP to oppose the introduction of extreme abortion laws.

    Right To Life UK spokesperson, Catherine Robinson, said:

    “These extreme changes to the law would remove key deterrents against performing an abortion at any point right through to birth. This would make it more likely that healthy babies are aborted for any reason, including sex-selective purposes, right up to and during birth”.

    “It would likely lead to a tragic increase in the number of viable babies’ lives being ended through late-term abortions performed at home well beyond the 24-week abortion time limit, as well as the lives of many more women being endangered”.

    “These extreme and radical abortion amendments have no place in the UK. Recent polling clearly shows that the public does not support these changes to the law. We are calling on MPs to reject these amendments and instead support Caroline Ansell’s amendment to lower the time limit, for which polling shows widespread public support”.

    “We are calling on members of the public around the country to urgently contact their MP using the tool at www.righttolife.org.uk/uptobirth to ask them to oppose the introduction of extreme abortion laws”.

    The post Pro-Life Groups Ask British Parliament to Defeat Measure Legalizing Abortions Up to Birth appeared first on LifeNews.com.

  11. Site: southern orders
    3 weeks 3 days ago

     


    Cardinal Grech says ‘Fiducia Supplicans’ release won’t affect future synod session


    Cardinal Mario Grech, secretary-general of the ongoing Synod on Synodality, recently expressed his surprise over the Dicastery for the Doctrine of the Faith's document “Fiducia Supplicans,” which permits non-liturgical blessings for same-sex couples. He disclosed to OSV News that he was uninformed about its release and content until its publication. Cardinal Grech also shared that document has “nothing to do with” the upcoming fall session of the synod. 

  12. Site: LifeNews
    3 weeks 3 days ago
    Author: William Hurley

    Xavier University’s health insurance plan not only appears to cover abortion – it looks like the school specifically added it into the coverage.

    But the Catholic Cincinatti university denies its student health insurance plan covers abortion.

    A “policy endorsement” on the plan appeared to delete an “exclusion” of abortion.

    The plan lists abortion as a “Non-EHB [Essential Health Benefit] benefits added to plan via additional endorsement.” It includes, like other covered benefits, the amount the plan pays for in-network and out-of-network providers.

    The following page shows the “policy endorsement” appears to be signed by university President Colleen Hanycz.

    “Benefits will be paid at the benefits levels indicated in the schedule of benefits,” the endorsement states.

    The Jesuit university’s public relations specialist said “no” when asked if the plan covers abortion. He said “nothing has changed regarding this policy from previous years.” He said there are few enrollees in the plan.

    The College Fix asked for clarification since the language appears to indicate abortion is coverage. The Fix said there was possibly confusion on its end due to the double-negatives of deleting exclusions.

    Click Like if you are pro-life to like the LifeNews Facebook page!

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    “The confusion regarding the wording is definitely understandable — but again, the answer to your question is, no, elective abortions are not a covered benefit under the policy,” spokesman David Hamilton said in late March.

    He did not respond to another inquiry sent two weeks ago that asked why the plan includes deductible amounts for a non-covered benefit.

    United Healthcare has not responded to multiple email and phone contacts in the past weeks that sought clarify on what the policy says.

    The Archdiocese of Cincinnati has also not responded to multiple requests for comment on the policy.

    The Catholic Church has always condemned abortion as a serious evil.

    “Since the first century the Church has affirmed the moral evil of every procured abortion,” the Catechism of the Catholic Church states. “This teaching has not changed and remains unchangeable. Direct abortion, that is to say, abortion willed either as an end or a means, is gravely contrary to the moral law.”

    Pro-life group American Life League criticized the plan’s apparent endorsement of abortion.

    “Catholic teaching is explicitly clear that abortion is never ok…The Catholic Church never allows for any exceptions for abortion,” Director of Communications Katie Brown told The Fix via a media statement. “Abortion is the intentional killing of a child, every single time.”

    When asked what the university should do to reconcile this apparent coverage, Brown said “Xavier should swiftly redact this policy. We encourage the Bishops in Ohio to hold the college accountable for promoting this evil.”

    She called it “discouraging,” as a Catholic to see the university “make policies that directly contradict our faith.”

    “However it’s a great opportunity for our Bishops and Church leaders to remind the laity why abortion is always evil, and what incredible life affirming options exist,” Brown said.

    Other Catholic universities cover abortion in their health plans, including St. Xavier University in Chicago and the University of San Diego, as previously reported by The Fix.

    LifeNews Note: College Fix contributor William Hurley is a student at Hope College where he studies political science and theology. He is active in many clubs including Hope Republicans, Hope Catholics, and Students Cherishing Life. He has written for the Hope College student newspaper, The Anchor. This column originally appeared at The College Fix.

    The post Catholic Xavier University Puts Abortion in Its Health Insurance Plan appeared first on LifeNews.com.

  13. Site: LifeNews
    3 weeks 3 days ago
    Author: Frank Pavone

    Donald Trump is an anomalous political figure, a force of nature who is truly one of one.

    He doesn’t, to put it mildly, march in lockstep with establishment positions of either the left or the right. In a time of increased political despair, it makes sense that so many Americans gravitate towards him.

    As with so many other issues, Trump has the finger on the pulse of everyday Americans when it comes to abortion, more so than the political left or right.

    In a recent statement, Trump said that abortion extremists “support abortions up to and even beyond the ninth month. The concept of having an abortion in later months and even execution after birth . . . is unacceptable and almost everyone agrees with that.”

    He’s correct!

    new national McLaughlin/Priests for Life poll proves exactly that.

    A clear majority of respondents — 61% — would vote for a political candidate who is pro-life but favors certain exceptions.

    HELP LIFENEWS SAVE BABIES FROM ABORTION! Please help LifeNews.com with a donation!

    On the other hand, only 24% of respondents would cast their vote for a candidate who supports abortion with no restrictions whatsoever up to the moment of birth, as well as taxpayer funded abortion.

    According to the survey, nearly half of voters (46%) would support a candidate who wants to protect babies as soon as their heartbeat is detected.

    Only 27% would support a candidate who is in favor of unrestricted abortions up to the moment of birth.

    About three-quarters of voters say they favor abortion — but only with restrictions.

    Even a plurality of anti-abortion voters wants to see time limits in place (31% versus 21% who support abortion at any time).

    Of Democrats, 40% believe abortion should be banned no later than the first trimester.

    Abortion will be a highly significant and charged issue in the upcoming general election. It is the first Presidential election since the historic 2022 Dobbs decision, (Dobbs vs. Jackson Womens Health Organizaton, 597 U.S. 215 (2022), which marked a pivotal turn from the era of Roe v. Wade, 410 U.S. 113 (1973).

    Dobbs returned the issue of abortion back to where it belongs: We the People, rather than an unelected judiciary.

    Trump’s recent statement was consonant with the ruling, “My view is now that we have abortion where everybody wanted it from a legal standpoint, the states will determine by vote or legislation or perhaps both. And whatever they decide must be the law of the land — in this case, the law of the state.”

    Though there remains a federal role for abortion policy, most people in our poll prefer it be dealt with at the local level.

    The survey demonstrates that there is widespread antipathy not only toward late term abortions, but taxpayer funded abortions, lack of parental notification, abortion on demand, and forcing medical professionals who oppose abortion for moral and religious reasons to support or perform abortions, as well.

    That is because, as the survey also makes evident, there is a prodigious culture of life in the United States. There is a deeply rooted, bedrock desire for policies that are life-affirming in the widest sense: ones that are pro-parent, pro-woman, pro-baby, pro-child, pro-family, and pro-community.

    This is where Trump gets it right and where others get it wrong.

    The majority of survey respondents said it is good when a woman with an unplanned pregnancy decides to keep her baby; 85% support financial, medical, and

    emotional assistance for women with unplanned pregnancies and young mothers; 82% support reduced legal and financial barriers to adoption and foster care; and 77% support faith-based organizations providing social services to pregnant women and young mothers.

    This widespread support of a culture of life — in the broadest sense — is paired with profound dejection about our country’s current political landscape.

    The polling found that voters across the political spectrum are overwhelmingly dissatisfied with the direction of the United States and its leadership.

    A whopping 71% of American voters believe the country is on the wrong track.

    Predictably, during a Democratic administration, Republican and pro-life voters feel this way, to the tune of 90% and 80%, respectively.

    But what may be surprising is that even 52% of Democrats and 66% of pro-abortion voters feel similarly.

    More than three-quarters (77%) of independent, pro-abortion women believe the country is heading in the wrong direction.

    Tapping into a culture of life would go a long way to addressing the existential angst and aimless ennui that too many Americans are experiencing.

    The abortion debate is a clash of absolutes and is nowhere close to being resolved.

    But a good start may be to realize that nearly two-thirds of Americans are more anti-abortion than the mainstream position of the Democratic Party’s leadership.

    It has come to embrace abortion on demand.

    Donald Trump, who is in tune with everyday Americans, understands this reality.

    He is not only perceptive; he is correct.

    Americans want less abortion, not more.

    And this election will bring one or the other.

    LifeNews.com Note:  Frank Pavone is the national director for Priests for Life.

    The post Americans Want Less Abortions Not More appeared first on LifeNews.com.

  14. Site: RT - News
    3 weeks 3 days ago
    Author: RT

    London plans to increase defense spending to 2.5% of GDP by 2030, Prime Minister Rishi Sunak says

    The UK is set to embark on the “biggest strengthening” of its national defense “in a generation” and plans to gradually increase defense spending to £87 billion (around $108 billion) annually by 2030, Prime Minister Rishi Sunak has announced.

    Sunak made the remarks on Tuesday at a joint press conference with NATO Secretary-General Jens Stoltenberg while on a visit to Poland. 

    Sunak pledged to gradually increase Britain’s defense spending, promising to even surpass the NATO-targeted 2% of GDP by the end of the decade. Annual spending is expected to reach the £87 billion ($108 billion) mark in 2023, he said, constituting some 2.5% of Britain’s GDP. 

    London is set to allocate additional long-term funding for ammunition production, Sunak stated, arguing that the Ukraine conflict has clearly shown the country needs deeper stockpiles should it find itself in a large-scale high-intensity war or even a global conflict.

    “We will put the UK’s own defense industry on a war footing. One of the central lessons of the war in Ukraine is that we need deeper stockpiles of munitions and for industry to be able to replenish them more quickly,” Sunak said.

    Read more FILE PHOTO UK announces ‘largest-ever’ military aid package for Ukraine

    “Today is a turning point for European security and a landmark moment in the defense of the United Kingdom. It is a generational investment in British security and British prosperity, which makes us safer at home and stronger abroad,” he stated, hailing the spending plan as the “biggest strengthening of our national defense in a generation.”

    The defense spending announcement comes as the UK, one of the top backers of Ukraine in its conflict with Russia, unveiled its biggest-ever military aid package for Kiev, valued at £500 million ($617 million). The “vital munitions” package will include more than 400 combat vehicles, 60 boats, and an undisclosed number of long-range Storm Shadow missiles.

    “Defending Ukraine against Russia’s brutal ambitions is vital for our security and for all of Europe,” Sunak alleged. “If [Russian President Vladimir] Putin is allowed to succeed in this war of aggression, he will not stop at the Polish border.”

    Speaking earlier in the day in Warsaw, however, the prime minister admitted that a large-scale conflict was not actually imminent and its danger should not be blown out of proportion. “We must not overstate the danger. We’re not on the brink of war, and nor do we seek it,” he acknowledged.

  15. Site: ChurchPOP
    3 weeks 3 days ago
    Author: Jacqueline Burkepile

    In an exclusive interview with ChurchPOP, actor and comedian Rob Schneider announced a project he's been working on for the past five years: a movie about the Shroud of Turin.

    "Hopefully, this movie about the Shroud will happen because I think it's about faith," Schneider told ChurchPOP editor Jacqueline Burkepile in an interview published on April 16.

    "I think we need that and to bring more people to it and not necessarily to preach to them, but to just show the actual sacrifice and to talk about what the core of Christianity is - loving others," he continues.

    Schneider then explains that the premise of the movie, which he hopes to begin filming in 2024, is about shroud expert Joe Marino and his wife, "who basically proved scientists tested the cloth in the wrong place."

    "They didn't put into their equation in the carbon dating that the French nuns had repaired this cloth with newer cloth and it is what the French called an 'invisible weave.'

    "If you can imagine the dedication of these French nuns in preparing the actual burial cloth of their Lord, that they would dedicate absolute perfection in their work and they did. And that was where it was tested.

    "And so they had new cloth and new strands of cloth that were weaved into this 2000-year-old Egyptian linen. And so that threw off the carbon dating. So each of the pieces that were cut, and the deeper that it went in, the further it went back in time.

    Schneider then said "the best description" he's ever heard about the Shroud of Turin is that "it's the receipt" for Christians.

    "It's such a great story," he said. "Hopefully, it will bring more people into the faith, or at least an openness to what this really is: the burial cloth of Jesus Christ...it's actual tangible proof."

    The actor also explains that the process of making and researching for the film impacted his decision to become Catholic. He began working on the film "as an entertainment piece," but it turned into a "broadening" of his faith.

    "It became the broadening of my faith and it became a powerful thing that kind of – I don't know how else to say it – but it was breathed into me, and then it from there, it was really the beginning."

    Watch the video below:

    Click here if you cannot see the video above.

  16. Site: Crisis Magazine
    3 weeks 3 days ago
    Author: Eric Sammons

    Catholics Answers just announced the release of the “Father Justin” interactive AI app, which will “provide users with faithful and educational answers to questions about Catholicism.” I have to admit, I have a lot of conflicting thoughts on this. As a former tech geek, I still get excited by advances in technology. On just that basis, it’s amazing what these apps can do. I took “Father…

    Source

  17. Site: RT - News
    3 weeks 3 days ago
    Author: RT

    The PLA has strong capabilities but the Americans have experience, an official has said

    If a conflict between Washington and Beijing broke out today, the more experienced American force would prevail but with significant casualties, a US military intelligence official has told reporters.

    The unnamed official gave a background briefing on Monday about threats facing the US military. He downplayed the Chinese H-20 stealth bomber, currently in development, as “probably nowhere near as good” as the American B-2 or the upcoming B-21 – while praising the Chinese J-20 fighter as “highly capable.”

    “The biggest… challenge for the Chinese side is actually not so much capability of actual systems, it’s more capability of personnel to effectively employ those systems at speed and at scale,” the official was quoted as saying by Defense One and Breaking Defense.

    While the US military has “a lot of experience fighting wars,” the Chinese “don’t really have anybody right now at all, in the [People’s Liberation Army] PLA, who’s actually been in a war.” 

    Read more  US Under Secretary of State for Arms Control and International Security Bonnie Jenkins. US denies submarine pact will trigger arms race

    This relative inexperience would translate into the US winning a hypothetical war with China – although with large-scale losses – should one break out today, said the Defense One source.

    The Pentagon is proceeding with plans to modernize the US military because Chinese President Xi Jinping “almost certainly” believes a war with Washington is inevitable, noted the official.

    “I don’t want to rely on the Chinese not being good. Because we’re not going to know they’re not good until they’re shooting at us, and I don’t want to be in a position where I find out, ‘Oh, they actually are that good’. That’s a problem.” the official concluded.

    Discussions about Chinese capabilities in Washington have been taking place against the backdrop of a debate about the B-21 bomber program. In February, Air Force Secretary Frank Kendall urged the government to commit to the program, arguing that for at least 20 years, China has been building a military “purpose-built to deter and defeat” the US.

    Earlier this month, however, Air Force chief of staff General David Allvin told the Senate that new developing technologies might complement the B-21, so the service might not end up getting 100 of the bombers as originally planned. The plane, intended to become operational by 2030, is still under development at Northrop Grumman.

  18. Site: PeakProsperity
    3 weeks 3 days ago
    Author: Chris Martenson
    There is not one single historical example of collectivist/communist/authoritarian states that didn’t end up with mass atrocities, reduced prosperity and generally awful living conditions for the masses. We're on that road again...
  19. Site: LifeNews
    3 weeks 3 days ago
    Author: Liberty Counsel

    Tomorrow, the U.S. Supreme Court will hear oral arguments in Moyle v. United States and Idaho v. United States, two consolidated cases questioning whether the 1986 Emergency Medical Treatment and Labor Act (EMTALA) supersedes Idaho’s near-total abortion ban and can force physicians to perform abortions in emergency situations.

    Idaho’s “Defense of Life Act” was enacted in 2020 and took effect when the Supreme Court overturned Roe v. Wade in June 2022. The law makes it a felony for doctors to perform an abortion unless it’s necessary to save the life of the mother. Soon after Roe’s overturning, the Biden administration sued the State of Idaho arguing EMTALA trumps the state’s abortion law and requires doctors to perform abortions under a broader set of exceptions than just to preserve the life of the mother. U.S. District Judge B. Lynn Winmill agreed and prevented Idaho from enforcing the law where it conflicted with EMTALA. A three-judge panel at the Ninth Circuit Court of Appeals briefly overturned that decision stating even if EMTALA does preempt Idaho’s law, its exemption for the life of the mother was sufficient to keep the laws out of conflict. However, the full Ninth Circuit Court of Appeals disagreed and quickly reversed that ruling forcing the State and Idaho Speaker of the House Mike Moyle to appeal to the U.S. Supreme Court.

    Get the latest pro-life news and information on X (Twitter). //

    In January 2024, the High Court agreed to hear the case and granted Idaho’s emergency request to enforce the ban in hospital emergency rooms while it decides the issue, which temporarily denies a Biden administration effort to force hospitals to perform abortions in the state.

    Under EMTALA, Medicare-funded hospitals are required to provide necessary emergency care to pregnant women without discrimination, including if they cannot pay for the treatment. Even though the scope of EMTALA only deals with discrimination and does not even mention abortion, Secretary Xavier Becerra of the U.S. Department of Health and Human Services (HHS) has interpreted the law differently. He issued policy guidance in July 2022 to hospitals stating that EMTALA preempts state abortion laws and requires hospitals receiving Medicare funding to perform emergency abortions.

    The guidance set forth an interpretation that state abortion laws with more narrow exceptions than EMTALA are “preempted,” and that physicians “must” perform an abortion if they feel abortion is “the stabilizing treatment necessary” to resolve an emergency medical condition. Under the guidance, hospitals could lose federal funding for failing to comply.

    While the Biden administration argues that the HHS “guidance” is just clarifying existing federal law, the Idaho legislature and state officials called the disputed HHS guidance an “unauthorized power grab” and stated it would have been “odd” for Congress to negate “state abortion laws” in a provision that “does not even mention abortion.”

    Now that SCOTUS has allowed Idaho’s protections for unborn babies to remain in effect for the time being, doctors who perform abortions are subject to penalties ranging from two to five years in jail, fines, and suspension or revocation of their medical licenses.

    The outcome of this case will likely affect a nearly identical dispute in Texas. In January 2024, the Fifth Circuit Court of Appeals ruled the Biden administration cannot use EMTALA to override Texas’ near-total abortion ban and force Texas doctors to perform abortions. In Texas v. Becerra, a three-judge appeals court panel called the guidance “unlawful” and unanimously upheld a lower court ruling that struck down the guidance.

    Authoring the ruling, Circuit Judge Kurt Engelhardt determined that EMTALA does not discard the unborn child during a life-threatening medical emergency, and he noted that the law requires hospitals to “stabilize both the pregnant woman and her unborn child.”

    “The question before the Court is whether EMTALA, according to HHS’s Guidance, mandates physicians to provide abortions when that is the necessary stabilizing treatment for an emergency medical condition. It does not,” wrote Judge Engelhardt. “EMTALA does not mandate medical treatments, let alone abortion care, nor does it preempt [state] law.”

    Dr. William Lile, who is board certified in Obstetrics and Gynecology and who has delivered thousands of babies, told Liberty Counsel that the goal in treating a pregnant woman is always to preserve the lives of both the mother and her unborn baby when possible.

    Dr. Lile stated, “It’s the delivery of the baby that cures the mother’s condition, it’s not the stoppage of baby’s heart and the killing of the baby that helps the mother.”

    Liberty Counsel Founder and Chairman Mat Staver said, “The Emergency Medical Treatment and Active Labor Act does not preempt state abortion laws, nor does it require the killing of an innocent life. Emergency rooms are only required to stabilize patients, which includes the unborn patient. This so-called ‘guidance’ by the Secretary of Health and Human Services is another lawless act of the Biden administration that will be struck down.”

    The post Supreme Court Should Shut Down Joe Biden’s Attempt to Force ERs to Do Abortions appeared first on LifeNews.com.

  20. Site: AsiaNews.it
    3 weeks 3 days ago
    According to a survey by Save the Children, 250,000 children are not in school. About 99 per cent of repatriated families face a food crisis, 40 per cent have had to borrow money, one in six lives in tents. Many were born across the border, and Afghanistan "is not the place they call home.'
  21. Site: The Center for Bioethics and Culture Network
    3 weeks 3 days ago
    Author: Jennifer Lahl, CBC Founder

    Recently, a colleague sent me a new report published in the journal Fertility and Sterility, which is the professional journal of the American Society of Reproductive Medicine. The report is a retrospective cohort study on all assisted reproductive technology cycles reported to the Society for Assisted Reproductive Technology via their Clinic Outcome Reporting Systems. Data was gathered on embryo transfers done to U.S. gestational surrogates from 2014 to 2020 and compared surrogacy between surrogates and commissioning parents in both domestic and international arrangements.

    First, it struck me as strange, that the report referred to the patients who were in fact the intended parents. Seems to me the surrogate mother and by extension, the baby(s) she carried would be the patient. But this is just another example of diminishing the mother-child dyad and centering the moneyed interests as the focus of the report.
    The actual results were striking too, in reporting not only the rise in international purchasing parents using American women, but also who these people are who are hiring American women.

    Of 40,177 embryos transferred during 2014 to 2020, 32% of these arrangements were foreign contracts. In 2014, the figure was 22%. In 2019, it was 39.8%. And then in 2020, the figure decreased to 31.8%, which was probably due, in part, to the Covid travel bans. The profile of the international intended parent(s):

    • More likely to be a male (41.3%)
      Largely from China (41.7%) then France (9.2%) and Spain (8.5%)
    • U.S. gestational carriers for international arrangements were younger than 30 years (42.8%)
    • Cycles for international arrangements more often used donor eggs (67.1%)
    • More often used introcytoplasmic sperm injection (67.1%)
    • Preimplantation genetic testing used (79.0%)

    As many countries prohibit surrogacy, these restrictive (and good) laws only encourage the explosion in Big Fertility here in the U.S. I can see all sorts of ethical and legal risks in the role the U.S. plays in the international reproductive tourism landscape. First, it should be a red flag that many of these arrangements are with single men. My pedophile, baby trafficking radar is on high alert. Second, the high percentage of Chinese nationals hiring women to buy a baby that has the bonus of U.S. citizenship, what is commonly referred to as “anchor babies.” As we fight for the abolition of the baby trade, we would do well, to close our borders to these international nefarious arrangements that exploit women at home. What a big dent we could make in the multi-billion-dollar baby markets if we just closed our borders. Seems like something our State Department should investigate.

    The post The Rise of International Gestational Surrogacy in the U.S. appeared first on The Center for Bioethics & Culture Network.

  22. Site: AsiaNews.it
    3 weeks 3 days ago
    Thai Prime Minister Sretta Thavisin, who cancelled a visit to the border town, announced the creation of an ad hoc committee to manage the situation. Over the weekend, more Myanmar refugees continue to pour in their thousands across the border as fighting raged in the area. To avoid another humiliating defeat, Myanmar's military intensified aerial bombing.
  23. Site: RT - News
    3 weeks 3 days ago
    Author: RT

    President Raisi has sent a pointed warning to West Jerusalem

    Iranian President Ebrahim Raisi has threatened Israel with annihilation if it attempts to attack Iran again.

    Raisi arrived in Pakistan on Monday for a three-day visit. He addressed the recent tensions between Tehran and West Jerusalem at an event in Punjab on Tuesday.

    “If the Zionist regime once again makes a mistake and attacks the sacred land of Iran, the situation will be different, and it is not clear whether anything will remain of this regime,” the state news agency IRNA quoted Raisi as saying.

    Israel never officially acknowledged an April 1 airstrike on the Iranian consulate in Damascus, Syria that killed seven senior officers of the Islamic Revolutionary Guard Corps (IRGC) Quds Force. Tehran nevertheless retaliated on April 13, firing scores of drones and missiles at several targets in Israel.

    Iran has shrugged off a series of reported explosions near the city of Isfahan last Friday, which were rumored to be a response from Israel. West Jerusalem did not acknowledge the reported attack, while criticizing a cabinet minister who spoke about it out of turn. Tehran chose to ignore it rather than deliver the promised swift and severe reprisal.

    Read more An Israeli Air Force fighter jet flies over the border area with south Lebanon on March 12, 2024 US forced Israel to abandon larger attack on Iran – NYT

    The Islamic Republic has vowed on multiple occasions to wipe out, destroy or annihilate the “Zionist regime,” as it calls Israel.

    Speaking in Lahore on Tuesday, Raisi vowed to continue “honorably supporting the Palestinian resistance.” He also denounced the US and the collective West as “the greatest violators of human rights,” pointing to their support for the Israeli “genocide” in Gaza.

    So far, more than 34,000 Palestinians in the enclave have been killed in Israeli military operations. Israel declared war on Hamas after the October 7 raids by the Gaza-based Palestinian group that claimed the lives of an estimated 1,200 Israelis. 

    Raisi has promised to boost Iranian trade with Pakistan to $10 billion annually. Relations between the two neighbors have been rocky since January, when Iran and Pakistan traded air and drone strikes aimed at “terrorist camps” in their respective territory.

  24. Site: Mises Institute
    3 weeks 3 days ago
    Author: Artis Shepherd
  25. Site: LifeNews
    3 weeks 3 days ago
    Author: Steven Ertelt

    A pro-life woman who is running a campaign for the Democrat nomination for president for the express purpose of airing graphic abortion ads is set to launch ads shortly.

    Tomorrow, the Terrisa Bukovinac for President Campaign announced it will begin airing explicit anti-abortion ads in the New York City market-the largest media market in the world reaching more than 7 million people. Bukovinac is on the ballot in New Jersey for the Democratic Primary as President Joe Biden’s only challenger.

    The advertisement will air during The Today Show on NBC in NYC.

    Last year, Bukovinac ran ads in the Boston and New Hampshire markets. The ads ran during Jimmy Fallon’s show on NBC in Massachusetts and New Hampshire, where she was on the ballot for the Democratic primary

    The 30-second TV ad shows in gruesome detail the gut-wrenching remains of five babies killed by later abortion, featuring footage captured by Bukovinac when she recovered the remains last year outside an all term abortion business in Washington DC. This effort is part of the campaign’s strategy to engage voters on the atrocity of later abortion during the 2024 presidential election by embracing the power of visual storytelling to expose the brutality of abortion. The ad condemns the Biden administration and the Democratic party’s extreme, out-of-touch abortion platform, which stands at odds with 30% of Democrats.

    Here is the commercial. WARNING: CONTAINS GRAPHIC IMAGES.

    Although this strategy has generated controversy, the Bukovinac Campaign remains steadfast in exposing the violence of abortion.

    Get the latest pro-life news and information on X (Twitter). //

    Bukovinac stated that her aim with this advertisement is to “disrupt the consciences of the American people, particularly leftists who are complicit in abortion by supporting pro-abortion candidates.”

    Bukovinac also states: “pretending like millions of pro-life Democrats like myself don’t exist isn’t a winning strategy. The right to life must be protected at every age, everywhere, and that is why I am on the ballot as a presidential candidate—to be a voice for the innocent and oppressed and rekindle the debate inside the Democratic Party. ”

    FCC regulations stipulate that news stations “have no power of censorship over the material” in campaign ads. The campaign aims to communicate the gravity and urgency of the abortion issue to American voters through impactful visuals. As the 2023 presidential race intensifies, the Bukovinac Campaign remains dedicated to educating voters about the violence associated with abortion.

    The post Pro-Life Candidate Will Run Graphic Ads on Television Exposing Horror of Abortions appeared first on LifeNews.com.

  26. Site: non veni pacem
    3 weeks 3 days ago
    Author: Mark Docherty
  27. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    Israel Prepares Rafah Evacuation With Help From US, Egypt - New Tent City Erected

    Via The Cradle

    The Israeli army is closing in on completing its plans for an assault on the Gaza Strip’s southern city of Rafah, the Wall Street Journal (WSJ) reported on Tuesday. 

    WSJ cites Egyptian officials as saying that Israel’s plan to evacuate civilians from the city will take two to three weeks and will be carried out in cooperation with Washington, Cairo, and other Arab states, including the UAE. 

    Image: AFP

    The officials say Israel is planning on gradual deployments of troops to Rafah. The troops will concentrate on specific areas where Tel Aviv believes Hamas leaders are holed up.

    The entire operation – including the evacuations – is expected to take at least six weeks, according to WSJ. The attack on Rafah will have a "very tight operational plan because it’s very complex there," an Israeli security official told the outlet. "There’s a humanitarian response that’s happening at the same time."

    Israel’s evacuation plan involves moving Rafah’s civilian population upwards towards the southern city of Khan Yunis, as well as other areas of the strip, the report states, adding that shelters with tents, food supplies, and medical facilities will be set up

    Egypt has been briefed on the details of the plan. Al-Araby Al-Jadeed reported last week, citing Egyptian sources, that Egyptian forces and agencies are "at full readiness" in northern Sinai and along the Egyptian border with Gaza. The increased readiness came after "contacts from the Israeli side" relating to preparations for the operation in the southern city.

    The Al-Araby Al-Jadeed report adds that the Egyptian Red Crescent has been readying camps in Khan Yunis over the past few months in preparation for the displacement of Palestinians from Rafah. Satellite images obtained by AP this week reportedly show a new tent compound near Khan Yunis.

    In February, it was reported that Egypt built a security zone in the Sinai near the border with Rafah. Many speculated at the time that the security zone would aid Israeli plans to push Rafah’s population into the Sinai desert. Egypt's State Information Service said on February 17 that the zone is a logistics hub on the Egyptian side of the Rafah border, which will be used to deliver aid into Gaza.

    Israeli army radio reported on Monday that Tel Aviv is now expanding a designated "humanitarian zone" that will "accommodate around one million people." It said field hospitals have also been set up in the area. Army radio added that the zone will extend from Al-Mawasi on Gaza’s southern coast towards Deir al-Balah in the central Gaza Strip. 

    Satellite photos analyzed by The Associated Press appear to show a new compound of tents being built near Khan Younis in the southern Gaza Strip as the Israeli military continues to signal it plans an offensive on the city of Rafah.https://t.co/5bkOW5ShyF

    — Toronto Star (@TorontoStar) April 23, 2024

    Israel believes Rafah is Hamas’ final stronghold and is dead set on attacking the city. Washington has repeatedly said it would not accept an operation there without a plan to properly and safely evacuate civilians and move them out of harm's way.  

    The UN and several countries have warned that attacking Rafah would have catastrophic consequences and that there is no safe way to evacuate the desperately overcrowded city. 

    Tyler Durden Tue, 04/23/2024 - 11:50
  28. Site: Mises Institute
    3 weeks 3 days ago
    Author: Connor O'Keeffe
    Recent Iranian missile strikes on Israel in response to its earlier attack on the Iranian consulate in Syria have escalated the prospects of all-out war in the Middle East. There is an alternative to expanding the war: de-escalation.
  29. Site: Mises Institute
    3 weeks 3 days ago
    Author: Benjamin Seevers
    California’s draconian fast-food minimum wage law is bad enough, but it turns out a company can avoid the trouble if it has ties to the governor.
  30. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    "Let Me Go Home, Okay?": Mistrial Declared For Arizona Rancher Accused Of Killing Illegal Immigrant On His Property

    A mistrial was declared in the case of an Arizona rancher accused of fatally shooting an illegal immigrant on his property near the US-Mexico border, after the jury failed to reach a unanimous decision following two full days of deliberation.

    George Alan Kelly, 75, was charged with second-degree murder in the Jan. 30, 2023 shooting of 48-year-old Gabriel Cuen-Buitimea, who was in the United States illegally.

    "Based upon the jury's inability to reach a verdict on any count," said Arizona Superior Court Judge Thomas Fink, adding "This case is in mistrial."

    According to one of Kelly's defense attorneys, Kathy Lowthorp, just one juror was voting 'guilty,' which is why their legal team pushed for deliberations to continue.

    "There was one hold out for guilt, the rest were not guilty. So seven not guilty, one guilty," said Lowthorp. "We believe in our gut that there was no way the state proved beyond a reasonable doubt."

    George Alan Kelly’s defense attorney Kathy Lowthorp says the mistrial was caused by one holdout juror who believed Kelly to be guilty. She says the other 7 wanted to vote for acquittal. pic.twitter.com/BvS88AupcX

    — Adam Klepp (@AdamKleppAZ) April 23, 2024

    The Santa Cruz County Attorney's office can still retry Kelly for any charge, or drop the case. 

    Prosecutors accused Kelly of recklessly firing nine shots from an AK-47 rifle toward a group of men who were trespassing on his cattle ranch after running from Border Patrol agents, roughly 115 yeards away. He was also accused of providing inconsistent statements throughout the investigation - initially failing to tell officials that he had fired his weapon, and then allegedly claiming that the illegal immigrants were part of a group of 10-15 people armed with AR-style rifles - and that he'd heard gunshots.

    Kelly's attorney said that he had fired "warning shots."

    "He does not believe that any of his warning shots could have possibly hit the person or caused the death," she said at the time. "All the shooting that Mr. Kelly did on the date of the incident was in self-defense and justified.

    After Monday's ruling, Consul General Marcos Moreno Baez of the Mexican consulate in Nogales, Arizona, said he would wait with Cuen-Buitimea's two adult daughters on Monday evening to meet with prosecutors from Santa Cruz County Attorney's Office to learn about the implications of a mistrial.

    "Mexico will continue to follow the case and continue to accompany the family, which wants justice." said Moreno. "We hope for a very fair outcome."

    Kelly's defense attorney Brenna Larkin did not immediately respond to an emailed request for comment after the ruling was issued. Larkin had asked Fink to have jurors keep deliberating another day. -CBS News

    Following the mistrial, Kelly said: "Let me go home, okay? That alright with y’all? It is what it is and it will be what it will be. I will keep fighting forever. I won’t stop."

    “Let me go home,” George Alan Kelly speaks after the mistrial was declared. The Mexican Consulate said they hope the state will re-try the case and justice will be served. pic.twitter.com/IDYpaM806C

    — Adam Klepp (@AdamKleppAZ) April 23, 2024

     

    Tyler Durden Tue, 04/23/2024 - 11:30
  31. Site: RT - News
    3 weeks 3 days ago
    Author: RT

    The AUKUS deal does not create any new nuclear states, a senior US diplomat has said

    The technology-sharing agreement between the US, the UK, and Australia, which will provide the latter with nuclear-propelled submarines, does not pose any threat of a regional arms race, a senior US official has claimed.

    Bonnie Jenkins, the Under Secretary of State for Arms Control and International Security, attempted to dispel concerns about the trilateral AUKUS scheme voiced by some Pacific nations during a briefing on Tuesday. The question about a possible arms race came from a Cambodian journalist, who said his nation, a close ally of China, was not happy about possible destabilization in the region.

    Jenkins responded that Washington wanted to assure other nations that the pact, sealed in 2021, was not meant “to create any kind of arms races.”

    “Australia is not going to become a nuclear weapons state and they’re not going to be able to use the nuclear-powered submarines to develop a nuclear weapon either, because if they tried to do that, the whole submarine would not work anymore,” she explained.

    Read more Russian Foreign Minister Sergey Lavrov. US-led West on verge of causing nuclear war – Lavrov

    Concerns about the AUKUS deal expressed by other nations have not been limited to whether Australia could use the technologies to create nuclear weapons.

    Critics of the deal, including Russia, have suggested it is a way for the US to project additional military power in the Pacific.

    Last week, Russian Foreign Minister Sergey Lavrov said Moscow is “deeply concerned” that the AUKUS arrangement is increasingly acquiring “the traits of a military bloc.”

    He accused Western nations of brinkmanship which has led to the world  “balancing at the edge of a direct clash between nuclear states,” in a reference to the Ukraine conflict.

    READ MORE: Pacific nation reacts to Biden’s cannibalism quip

    Beijing also reiterated its own objections on Monday, with Foreign Ministry spokesman Wang Wenbin saying that through AUKUS, Washington will violate the “purposes of the South Pacific Nuclear Free Zone Treaty and create severe risks of nuclear proliferation.” 

    Foreign Minister Wang Yi made a similar claim last week during a visit to Papua New Guinea, saying the region “should not be a playground for major powers.”

  32. Site: RT - News
    3 weeks 3 days ago
    Author: RT

    Hundreds of bodies of women and the elderly and others with their hands tied, have reportedly been found in the aftermath of an Israeli raid

    UN rights chief Volker Turk said on Tuesday that he was “horrified” by the destruction of the Nasser and Al-Shifa medical facilities in Gaza by Israeli troops and reports of mass graves discovered there.

    Palestinian authorities reported finding scores of bodies in mass graves at Nasser hospital in Khan Younis this week after it was abandoned by the IDF. Bodies were also reported at the Al-Shifa site following an Israeli special forces operation.

    According to Gaza’s Hamas-run Civil Emergency Service, cited by Reuters, a total of 310 bodies had been found so far in one mass grave at the Nasser hospital, the main health facility in southern Gaza. Two other mass graves had reportedly been identified but not yet excavated.

    “We feel the need to raise the alarm because clearly there have been multiple bodies discovered,” said Turk, while addressing a UN briefing via a spokesperson.

    “Some of them had their hands tied, which of course indicates serious violations of international human rights law and international humanitarian law, and these need to be subjected to further investigations,” the UN human rights chief stated.

    The UN human rights office said it was working on corroborating Palestinian officials’ reports, claiming that some of the bodies were buried beneath piles of waste and included women and older people.

    Read more FILE PHOTO. Displaced Palestinians gather in the yard of Gaza's Al-Shifa hospital. Israeli military raids Gaza’s largest hospital

    Israel says it was forced to battle inside hospitals because Hamas militants use the facilities as bases, an assertion that medical staff and the militant group itself deny. West Jerusalem reported that its forces killed around 200 militants at Al-Shifa and avoided harming any civilians.

    Turk also decried Israeli strikes on Gaza in recent days, which he said had killed mostly women and children.

    The UN rights chief once again warned Israel against a full-scale incursion into the southern Gaza city of Rafah, where some 1.4 million displaced Palestinians have sought refuge since the beginning of the Hamas-Israel conflict. The offensive could lead to “further atrocity crimes,” Turk cautioned.

    Israeli Prime Minister Benjamin Netanyahu maintains that Israel cannot achieve its goal of “total victory” without launching an offensive on Rafah.

    The ongoing hostilities in Gaza were triggered by a Hamas incursion into southern Israel in October, in which some 1,200 people were killed and hundreds taken hostage.

    During the Israeli offense in response, at least 34,183 Palestinians have been killed and 77,143 injured, mostly women and children, according to the local health authorities. Thousands more bodies likely remain uncounted under the rubble across the devastated enclave, local authorities believe.

  33. Site: AsiaNews.it
    3 weeks 3 days ago
    The Botika sa Kapilya (Chapel Pharmacy) programme provides drugs and medical consultations to poor people in the region, thanks to the Jesuit missionary, with the help of Catholic health workers, who are also catechists. About 102 people have benefitted from the initiative that reaches out to people struggling with hunger and the effects of El Niño.
  34. Site: Euthanasia Prevention Coalition
    3 weeks 3 days ago
    Alex Schadenberg
    Executive Director, 
    Euthanasia Prevention Coalition

    Professor David JonesGeorgia Edkins, the Scottish Political Editor for the Daily Mail reported on April 20, 2024 that 16 year-olds with Anorexia could be approved for assisted suicide under Scotland's assisted dying bill. Edkins reports:
    Teenagers with anorexia could apply for state-backed ‘suicide’ under ‘extremely dubious’ laws proposed in Scotland, experts warned last night.

    Newly published Holyrood legislation would allow NHS patients to request prescriptions for a life-ending cocktail of drugs that induce a coma, shut down the lungs and eventually stop the heart.Edkins reporting on comments by ethicist David Jones writes:
    David Jones, professor of bioethics at St Mary’s University in London and director of the Anscombe Bioethics Centre, said: ‘It is extremely, extremely dubious.

    We’re talking about “assisted dying” as a euphemism, and it’s always assisted suicide.

    ‘Suicide is something that we should try to seek to prevent and provide alternatives to, whether it’s for an old person or a young person, whether they have progressive disease or disability.’

    ‘Terminal in the Scottish Bill is defined as someone having a progressive incurable disease from which you could die. It could cover anorexia.Jones also warned that the assisted suicide bill that is sponsored by Liam McArthur would:
    • Let people as young as 16 die before their lives had properly begun;
    • Not require someone to be close to death to be eligible for ‘assisted dying’;
    • Not make a psychiatric assessment mandatory ahead of the life-ending procedure.
    Edkins reported Jones as stating:‘
    It is called the Assisted Dying for Terminally Ill Adults (Scotland) Bill, so that proclaims itself as being restricted to people who are terminally ill, but it defines people that are terminally ill only as people who have a progressive incurable disease, which is at an advanced stage. It doesn’t mean that you’re dying.’

    Jones referenced the fact that in Scotland, a person is deemed an adult at 16, whereas in Oregon the age is 18. Based on the definition of terminal illness in the bill, someone with Anorexia could be approved for assisted suicide at the age of 16. Jones states:

    ‘There have been cases of people with anorexia having assisted dying in Oregon.’Edkins ends her article by stating:
    Perhaps most troubling is Professor Jones’ suggestion that the embattled NHS in Scotland could resort to suggesting death as a viable replacement for treatment.

    He said: ‘What you’re starting to see in Canada is that doctors will suggest to patients, “Have you thought of assisted dying”, including people who, for example, have had difficulty getting support for social services to live at home.

    ‘There’s nothing in the Scottish legislation that prevents that.’
  35. Site: LifeNews
    3 weeks 3 days ago
    Author: Steven Ertelt

    Every member of the Idaho Congressional delegation has released a joint statement urging the Supreme Court to stop Joe Biden from forcing Idaho to turn its ERs into abortion centers.

    On Wednesday, the Supreme Court will hold a hearing on the case to stop Biden.

    As LifeNews.com reported previously, the Supreme Court ruled in January that Joe Biden can’t force Idaho to turn its emergency rooms into abortion centers. The nation’s highest court ruled that Joe Biden can’t exploit a federal law to try to weaken Idaho’s abortion ban by allowing emergency room doctors to do abortions.

    But that decision was a temporary victory and Idaho officials are fighting in court to win the entire case, Idaho v United States. This is the first case to be heard by the Supreme Court directly relating to the Dobbs decision which overturned Roe v. Wade.

    Below are quotes from Idaho’s congressional delegation asking the nation’s highest court to stop Biden’s radical abortion agenda.

    “The Biden Administration’s attempt to preempt Idaho’s pro-life laws with a false interpretation of the Emergency Medical Treatment and Active Labor Act (EMTLA) would set a precedence that is harmful to America’s women and children. EMTLA was deliberately created to protect women and children in active labor. Every American has the fundamental right to life, including the unborn, and Idaho has strong laws in place to ensure innocent lives are protected. I have faith our justice system will stop this blatant use of federal overreach and put an end to Biden’s harmful abortion agenda.” — Senator Crapo

    LifeNews is on GETTR. Please follow us for the latest pro-life news

    “Idahoans have passed a strong law to protect the lives of mothers and the unborn, yet the Biden administration is seeking every opportunity to expand abortion. This administration cherry-picked pieces of existing statute and wrongfully reinterpreted it to fit their agenda. Their manipulation of federal law cannot usurp state law, and there is no federal right to an abortion. I submitted an amicus brief that demonstrates how the administration’s substantial federal overreach is aimed at undermining pro-life protections not only in Idaho but around the nation. I hope the Court stands with us in our fight to protect Idaho’s law and life itself.” — Senator Risch

    “The Biden administration’s overreaching efforts to expand abortion nationwide is an attempt to take power away from the American people. The Supreme Court rightfully ruled that states have the right to protect life, yet this administration continues to undermine that decision. I strongly support the right of all states to protect the unborn, and I reaffirm this priority by joining this amicus brief.” — Congressman Simpson

    “The Biden Administration’s attempt to preempt Idaho’s pro-life laws with a false interpretation of the Emergency Medical Treatment and Active Labor Act (EMTLA) would set a precedence that is harmful to America’s women and children. EMTLA was deliberately created to protect women and children in active labor. Every American has the fundamental right to life, including the unborn, and Idaho has strong laws in place to ensure innocent lives are protected. I have faith our justice system will stop this blatant use of federal overreach and put an end to Biden’s harmful abortion agenda.” — Congressman Fulcher

    Last year, the Justice Department filed suit Aug. 2 against the state of Idaho, hoping to undermine its new law prohibiting most abortions by claiming that the state law conflicts with EMTALA and medical treatment for pregnant women in emergency rooms.

    The Justice Department filed a lawsuit that challenges Idaho’s protective law — arguing that it would prevent supposedly medically necessary abortions. Despite false reports that abortion bans would prevent doctors from treating pregnant women for miscarriages or ectopic pregnancies, pro-life doctors confirm that is not the case. Some 35 states have laws making it clear that miscarriage is not abortion and every state with an abortion ban allows treatment for both.

    U.S. District Judge B. Lynn Winmill found that Idaho’s law conflicts with the federal law because it bans abortions in nearly all circumstances. But the state argued the any emergency abortion is allowed under its abortion ban on elective abortions.

    The nation’s highest court will hear oral arguments on Wednesday.

    Brandi Swindell, Founder and CEO of Stanton Healthcare, which provides medical care and provides support for pregnant women in need, told LifeNews that the Supreme Court should side with her state.

    “It is deeply troubling to see President Biden ignore and disrespect the voices of Idaho’s women as he attempts to advance a radical abortion agenda through federal regulations,” she said. “The Dobbs decision made it clear there is no federal or constitutional right to abortion. Our hope and prayer is the Supreme Court will respect the rights of Idaho’s voters and not allow our emergency rooms to be turned into abortion clinics by the federal government.”

    The case involves the Biden administration’s unlawful attempt to use a law that ensures indigent patients receive emergency room care to force doctors to perform abortions that are illegal under Idaho law.

    Idaho’s pro-life law imposes penalties on physicians who perform prohibited abortions unless doing so is necessary to save the life of the pregnant woman or other exceptions apply. The federal government claims—and the lower court ruled—that EMTALA requires abortions in violation of this law if an emergency room doctor thinks it is appropriate.

    “Hospitals—especially emergency rooms—are centers for preserving life. The government has no business transforming them into abortion clinics,” said ADF Senior Counsel Erin Hawley, vice president of the Center for Life and regulatory practice. “Emergency room physicians can, and do, treat ectopic pregnancies and other life-threatening conditions. But elective abortion is not life-saving care—it ends the life of the unborn child—and the government has no authority to override Idaho’s law barring these procedures. We urge the Supreme Court to halt the lower court’s injunction and allow Idaho emergency rooms to fulfill their primary function—saving lives.”

    After the Supreme Court returned the issue of abortion to the states in Dobbs v. Jackson Women’s Health Organization, the federal government sued the state of Idaho, claiming that EMTALA, an ancillary provision of the Medicare statute, preempts Idaho’s pro-life law. But as explained in the emergency application, “EMTALA is silent on abortion and actually requires stabilizing treatment for the unborn children of pregnant women.”

    “The United States’ position conflicts with the universal agreement of federal courts of appeal that EMTALA does not dictate a federal standard of care or displace state medical standards. The district court accepted the United States’ revisionist, post-Dobbs reading of EMTALA and enjoined Idaho’s Defense of Life Act in emergency rooms. The district court’s injunction effectively turns EMTALA’s protection for the uninsured into a federal super-statute on the issue of abortion, one that strips Idaho of its sovereign interest in protecting innocent, human life and turns emergency rooms into a federal enclave where state standards of care do not apply,” Hawley notes.

    Idaho’s abortion ban permits a physician who does an abortion to raise the affirmative defense that the abortion was necessary to save the mother’s life or that the pregnancy resulted from rape or incest that was reported. In both cases, the physician must choose a procedure that is most likely to save the life of the baby and protect the mother. The law explicitly excludes contraception from the definition of abortion, and women upon whom abortions are performed may not be prosecuted.

    The pro-life laws in Idaho and other states include clearly defined exceptions that allow abortions in the cases when a mother’s life is at risk. Because the pro-life movement cares about the lives of both mother and child and there are rare cases in which only the mother’s life can be saved, it supports such exceptions.

    But these exceptions mean the Biden administration’s guidance is unnecessary. Undermining Idaho’s life-saving efforts and expanding abortions appear to be the administration’s real goal.

    The post Pro-Life Congressmen Ask Supreme Court to Stop Biden Form Turning ERs Into Abortion Centers appeared first on LifeNews.com.

  36. Site: RT - News
    3 weeks 3 days ago
    Author: RT

    Olaf Scholz has accused the Russian president of ‘poaching’ Immanuel Kant and misinterpreting his teachings

    German Chancellor Olaf Scholz has lashed out at Russian President Vladimir Putin for quoting iconic German philosopher Immanuel Kant. Speaking on Tuesday at an event marking the 300th anniversary of Kant’s birth, Scholz accused Putin of trying to “poach” the great thinker as well as misrepresenting his ideas.

    Kant was born in 1724 in Koenigsberg (present-day Kaliningrad), which belonged to the Kingdom of Prussia before later becoming part of the Russian Empire. The philosopher is famous for his work on ethics, aesthetics and philosophical ontology, and is considered one of the pillars of German classical philosophy.

    “Putin doesn’t have the slightest right to quote Kant, yet Putin’s regime remains committed to poaching Kant and his work at almost any cost,” Scholz said at the Berlin-Brandenburg Academy of Sciences, as quoted by Die Zeit.

    Scholz said Russia’s role in the Ukraine conflict contradicts Kant’s fundamental teachings. He referred to Kant’s words on the interference of states in the affairs of other nations, and defended Kiev’s decision not to engage in peace talks with Moscow. He said Kant believed that forced treaties were not the way to reach ‘perpetual peace’ – a reference to one of Kant’s major works.

    Putin has been known to praise and quote Kant, even suggesting in 2013 that the philosopher should be made an official symbol of Kaliningrad Region.

    During a meeting with university students in Kaliningrad in January, Putin called Kant “one of the greatest thinkers of both his time and ours,” and said the philosopher’s call “to live by one’s own wits” is as relevant today as ever.

    Read more  German Chancellor Olaf Scholz German leader sets conditions for talks with Putin

    “A country must live by its own wits… This does not mean that we do not care about the interests of others... but we will never allow Russia’s interests to be neglected. In some countries, among our neighbors, this thesis has been forgotten. Many live by someone else’s wits. This will not bring them any good,” Putin stated.

    The administration of Kaliningrad Region responded to Scholz’s statement on Tuesday, saying no one has done more than Russia to “perpetuate the memory of the great philosopher and his teachings.”

    “Immanuel Kant died as a subject of the Russian crown. It seems to me that this, more than any words of all possible German politicians, shows the position of the great philosopher regarding Russia,” the governor’s press secretary, Dmitry Lyskov, said in a statement.

  37. Site: LifeNews
    3 weeks 3 days ago
    Author: Hannah Hiester

    The United States Conference of Catholic Bishops (USCCB) has denounced the U.S. Equal Employment Opportunity Commission for violating religious freedom and forcing all employers to provide accommodations for employees to have an abortion.

    CatholicVote previously reported that the Equal Employment Opportunity Commission (EEOC) announced a new rule on April 15 that requires employers “to provide reasonable accommodations,” such as leave time, to employees if they wish to have an abortion. The rule falls under the implementation of the Pregnant Workers Fairness Act (PWFA).

    Bishop Kevin Rhoades of Fort Wayne-South Bend, chairman of the USCCB’s Committee for Religious Liberty, said in a news release that “No employer should be forced to participate in an employee’s decision to end the life of their child.”

    REACH PRO-LIFE PEOPLE WORLDWIDE! Advertise with LifeNews to reach hundreds of thousands of pro-life readers every week. Contact us today.

    “The bipartisan Pregnant Workers Fairness Act, as written, is a pro-life law that protects the security and physical health of pregnant mothers and their preborn children,” he added. “It is indefensible for the Equal Employment Opportunity Commission to twist the law in a way that violates the consciences of pro-life employers by making them facilitate abortions.”

    CatholicVote reported in August 2023 that in addition to being supported by pro-life organizations, the PWFA was approved by pro-abortion groups, as the language left room for facilitating abortion access.

    “The original act required employers to reasonably accommodate a worker’s pregnancy, childbirth, and ‘related medical conditions,’ but left the interpretation of those terms to the Biden administration’s EEOC, the federal agency responsible for regulating workplace discrimination laws,”  CatholicVote reported at the time.

    LifeNews Note: Hannah Hiester writes for CatholicVote, where this column originally appeared.

    The post Catholic Bishops Slam Biden for Trying to Force Christian Employers to Fund Abortions appeared first on LifeNews.com.

  38. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    US PMIs Scream Stagflation As Manufacturing 'Contracts', Prices Rise, Heaviest Job Cuts Since GFC

    After a mixed bag from preliminary April European PMIs (Services strong-er, Manufacturing weaker-er, surging prices)...

    Accelerated increases in input costs, likely driven not only by higher oil prices but also, more concerningly, by higher wages, are a cause for scrutiny Concurrently service-sector companies have raised their prices at a faster rate than in March, fueling expectations that services inflation will persist. ”

    and after March US PMIs exposed the end of the disinflation narrative...

    "Most notable was an especially steep rise in prices charged for consumer goods, which rose at a pace not seen for 16 months, underscoring the likely bumpy path in bringing inflation down to the Fed's 2% target. ”

    ...S&P Global's preliminary US f°r April just dropped and they were ugly with both Manufacturing and Services disappointingly dropping further as the former    dropped back into contraction:

    • •    Flash US Services Business Activity Index at 50.9 (Exp: 52.0; March: 51.7) - 5-month low.

    • •    Flash US Manufacturing PMI at 49.9 (Exp 52.0; March: 51.9) - 4-month low.

    Source: Bloomberg

    Commenting on the data, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said:

    The US economic upturn lost momentum at the start of the second quarter, with the flash PMI survey respondents reporting below-trend business activity growth in April. Further pace may be lost in the coming months, as April saw inflows of new business fall for the first time in six months and firms’ future output expectations slipped to a five-month low amid heightened concern about the outlook.

    The more challenging business environment prompted companies to cut payroll numbers at a rate not seen since the global financial crisis if the early pandemic lockdown months are excluded.

    After March showed accelerating prices, flash April data confirmed the trend

    Notably, the drivers of inflation have changed.

    "Manufacturing has now registered the steeper rate of price increases in three of the past four months, with factory cost pressures intensifying in April amid higher raw material and fuel prices, contrasting with the wagerelated services-led price pressures seen throughout much of 2023.”

    So slower growth and much faster inflation - that does not sound like a recipe for rate-cuts... in fact quite the opposite.

    Tyler Durden Tue, 04/23/2024 - 10:08
  39. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    US PMIs Scream Stagflation As Manufacturing 'Contracts', Prices Rise, Heaviest Job Cuts Since GFC

    After a mixed bag from preliminary April European PMIs (Services strong-er, Manufacturing weaker-er, surging prices)...

    Accelerated increases in input costs, likely driven not only by higher oil prices but also, more concerningly, by higher wages, are a cause for scrutiny Concurrently service-sector companies have raised their prices at a faster rate than in March, fueling expectations that services inflation will persist. ”

    and after March US PMIs exposed the end of the disinflation narrative...

    "Most notable was an especially steep rise in prices charged for consumer goods, which rose at a pace not seen for 16 months, underscoring the likely bumpy path in bringing inflation down to the Fed's 2% target. ”

    ...S&P Global's preliminary US f°r April just dropped and they were ugly with both Manufacturing and Services disappointingly dropping further as the former    dropped back into contraction:

    • •    Flash US Services Business Activity Index at 50.9 (Exp: 52.0; March: 51.7) - 5-month low.

    • •    Flash US Manufacturing PMI at 49.9 (Exp 52.0; March: 51.9) - 4-month low.

    Source: Bloomberg

    Commenting on the data, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said:

    The US economic upturn lost momentum at the start of the second quarter, with the flash PMI survey respondents reporting below-trend business activity growth in April. Further pace may be lost in the coming months, as April saw inflows of new business fall for the first time in six months and firms’ future output expectations slipped to a five-month low amid heightened concern about the outlook.

    The more challenging business environment prompted companies to cut payroll numbers at a rate not seen since the global financial crisis if the early pandemic lockdown months are excluded.

    After March showed accelerating prices, flash April data confirmed the trend

    Notably, the drivers of inflation have changed.

    "Manufacturing has now registered the steeper rate of price increases in three of the past four months, with factory cost pressures intensifying in April amid higher raw material and fuel prices, contrasting with the wagerelated services-led price pressures seen throughout much of 2023.”

    So slower growth and much faster inflation - that does not sound like a recipe for rate-cuts... in fact quite the opposite.

    Tyler Durden Tue, 04/23/2024 - 10:08
  40. Site: Mises Institute
    3 weeks 3 days ago
    Author: Charles Amos
    Robert Nozick’s Anarchy, State and Utopia turns fifty this year, and this libertarian classic has stood the test of time.
  41. Site: Steyn Online
    3 weeks 3 days ago
    When upscale white trustiefundies go hardcore...
  42. Site: Steyn Online
    3 weeks 3 days ago
    Programming note: Tomorrow, Wednesday, I'll be presenting another Clubland Q&A taking questions from Steyn Club members live around the planet. But please take notice that, for various logistical reasons, we're an hour earlier than usual: 2pm North
  43. Site: Ron Paul Institute - Featured Articles
    3 weeks 3 days ago
    Author: Alastair Crooke

    (This paper is the basis of a talk to be given at the 25th Yasin (April) International Academic Event on Economic and Social Development, HSE University, Moscow, April 2024)

    In the summer following Israel’s 2006 (unsuccessful) war on Hizbullah, Dick Cheney sat in his office loudly bemoaning Hizbullah’s continuing strength; and worse still, that it seemed to him that Iran had been the primary beneficiary from the US 2003 Iraq war.

    Cheney’s guest – the then Saudi Intelligence Chief, Prince Bandar – vigorously concurred (as chronicled by John Hannah, who participated in the meeting) and, to general surprise, Prince Bandar proclaimed that Iran yet could be cut to size: Syria was the “weak” link between Iran and Hizbullah that could be collapsed via an Islamist insurgency, Bandar proposed. Cheney’s initial scepticism turned to elation as Bandar said that US involvement would be unnecessary: He, Prince Bandar, would orchestrate and manage the project. “Leave it to me,” he said.

    Bandar separately told John Hannah: “The King knows that other than the collapse of the Islamic Republic itself, nothing would weaken Iran more than losing Syria.”

    Thus began a new phase of attrition on Iran. The regional balance of power was to be decisively shifted towards Sunni Islam – and the region’s monarchies.

    That old balance from the Shah’s time in which Persia enjoyed regional primacy was to be ended: conclusively, the US, Israel and the Saudi King hoped.

    Iran – already badly bruised by the “imposed” Iran-Iraq war – resolved never again to be so vulnerable. Iran aimed to find a path to strategic deterrence in the context of a region dominated by the overwhelming air dominance enjoyed by its adversaries.

    What occurred this Saturday 14 April – some 18 years later – therefore was of utmost importance.

    Despite the bruhaha and distraction following Iran’s attack, Israel and the US know the truth: Iran’s missiles were able to penetrate directly into Israel’s two most sensitive and highly defended air bases and sites. Behind the whooping western rhetoric lies Israeli shock and fear. Their bases are no longer “untouchable.”

    Israel also knows – but cannot admit – that the so-called “assault” was no assault but an Iranian message to assert the new strategic equation: That any Israeli attack on Iran or its personnel will result in retribution from Iran into Israel.

    This act of setting the new “balance of power equation” unites the diverse Fronts against the US’ “connivance with Israeli actions in the Middle East, that are at the core of Washington’s policy – and in many ways the root-cause of new tragedies” – in the words of Russian Foreign Minister, Sergey Ryabkov.

    The equation represents a key “Front” – together with Russia’s war against NATO in Ukraine – for persuading the West that its exceptionalist and redemptive myth has proved to be a fatal conceit; that it must be discarded; and that deep cultural change in the West needs to happen.

    The roots to this wider cultural conflict are deep – but finally have been made explicit.

    Prince Bandar’s post-2006 playing of the Sunni “card” was a flop (in no small part thanks to Russia’s intervention in Syria). AndIran, has come in from the cold and is firmly anchored as a primary regional power. It is the strategic partner to Russia and China. And Gulf States today have switched focus instead to money, “business” and Tech, rather than Salafist jurisprudence.

    Syria, then targeted by the West and ostracised, has not only survived all that the West could “throw at it” but has been warmly embraced by the Arab League and rehabilitated. And Syria is now slowly finding its way to being itself again.

    Yet even during the Syrian crisis, unforeseen dynamics to Prince Bandar’s playing of Islamist identity versus Arab socialist secular identity were playing out:

    I wrote then in 2012:

    “Over recent years we have heard the Israelis emphasise their demand for recognition of a specifically Jewish nation-state, rather than for an Israeli State, per se”;

    – a state that would enshrine Jewish political, legal, and military exceptional rights.

    “[At that time] … Muslim nations [were] seeking the “undoing” of the last remnants of the colonial era. Will we see the struggle increasingly epitomised as a primordial struggle between Jewish and Islamic religious symbols – between al-Aqsa and the Temple Mount?”

    To be plain, what was apparent even then – in 2012 – was “that both Israel and its surrounding terrain are marching in step toward language which takes them far away from the underlying, largely secular concepts by which this conflict traditionally has been conceptualised. What [would] be the consequence – as the conflict, by its own logic, becomes a clash of religious poles?”

    If, twelve years ago, the protagonists were explicitly moving away from the underlying secular concepts by which the West conceptualised the conflict, we, by contrast, are still trying to understand the Israeli-Palestinian conflict through the lens of secular, rationalist concepts – even as Israel quite evidently is seized by an increasingly Apocalyptic frenzy.

    And by extension, we are stuck in trying to address the conflict through our habitual utilitarian, rationalist policy tool-set. And we wonder why it is not working. It is not working because all parties have moved beyond mechanical rationalism to a different plane.

    The Conflict Becomes Eschatalogical

    Last year’s election in Israel saw a revolutionary change: The Mizrahim walked into the Prime Minister’s office. These Jews coming from the Arab and North African sphere – now possibly the majority – and, with their political allies on the right, embraced a radical agenda: To complete the founding of Israel on the Land of Israel (i.e. no Palestinian State); to build the Third Temple (in place of Al-Aqsa); and to institute Halachic Law (in place of secular law).

    None of this is what might be termed “secular” or liberal. It was intended as the revolutionary overthrow of the Ashkenazi élite. It was Begin who tied the Mizrahi firstly to the Irgun and then to Likud. The Mizrahim now in power have a vision of themselves as the true representatives of Judaism, with the Old Testament as their blueprint. And condescend to the European Ashkenazi liberals.

    If we think we can put Biblical myths and injunctions behind us in our secular age – where much of contemporary western thinking makes a point of ignoring such dimensions, dismissing them as either confused, or irrelevant – we would be mistaken.

    As one commentator writes:

    At every turn, political figures in Israel now soak their proclamations in Biblical reference and allegory. The foremost of which [is] Netanyahu … You must remember what Amalek has done to you, says our Holy Bible, and we do remember – and we are fighting…’Here [Netanyahu] not only invokes the prophecy of Isaiah, but frames the conflict as that of “light” versus “darkness’ and good versus evil, painting the Palestinians as the Children of Darkness to be vanquished by the Chosen Ones: The Lord ordered King Saul to destroy the enemy and all his people: ‘Now go and defeat Amalek and destroy all that he has; and give him no mercy; but put to death both husband and wife; from youth to infant; from ox to sheep; from camel to donkey’ (15:3).

    We might term this “hot eschatology” – a mode that is running wild amongst the young Israeli military cadres, to the point that the Israeli high command is losing control on the ground (lacking any mid-layer NCO (Non-Commissioned Officer) class).

    On the other hand –

    The uprising launched from Gaza is not called Al-Aqsa Flood for nothing. Al-Aqsa is both a symbol of a storied Islamic civlisation, and it is also the bulwark against the building of the Third Temple, for which preparations are underway. The point here is that Al-Aqsa represents Islam in aggregate — neither Shi’i, nor Sunni, nor ideological Islam.

    Then, at another level, we have, as it were, “dispassionate eschatology”: When Yahyah Sinwar writes of “Victory or Martyrdom”for his people in Gaza; when Hizbullah speaks of sacrifice; and when the Iranian Supreme Leader speaks of Hussain bin Ali (the grandson of the Prophet) and some 70 companions in 680 CE, standing before inexorable slaughter against an 1,000 strong army, in the name of Justice, these sentiments simply are beyond the reach of western Utilitarian comprehension.

    We cannot easily rationalise the latter “way of being” in western modes of thought. However, as Hubert Védrine, France’s former Foreign Minister, observes – though titularly secular – the West nonetheless is “consumed by the spirit of proselytism.” That Saint Paul’s “go and evangelize all nations” has become “go and spread human rights to all the world”… And that this proselytism is extremely deep in [western DNA]: “Even the very least religious, totally atheists, they still have this in mind, [even though] they don’t know where it comes from.”

    We might term this secular eschatology, as it were. It is certainly consequential.

    A Military Revolution: We’re Ready Now

    Iran, through all the West’s attrition, has pursued its astute strategy of “strategic patience” – keeping conflicts away from its borders. A strategy that focused heavily on diplomacy and trade; and soft power to engage positively with near and far neighbors alike.

    Behind this quietist front of stage, however, lay the evolution to “active deterrence” which required long military preparation and the nurturing of allies.

    Our understanding of the world became antiquated

    Just occasionally, very occasionally, a military revolution can upend the prevailing strategic paradigm. This was Qasem Suleimani’s key insight. This is what “active deterrence” implies. The switch to a strategy that could upend prevailing paradigms.

    Both Israel and the US have armies that are conventionally far more powerful than their adversaries which are mostly composed of small non-state rebels or revolutionaries. The latter are treated more as mutineers within the traditionalist colonial framing, and for whom a whiff of firepower generally is considered sufficient.

    The West, however, has not fully assimilated the military revolutions now underway. There has been a radical shift in the balance of power between low-tech improvisation and expensive complex (and less robust) weapons platforms.

    The Additional Ingredients

    What makes Iran’s new military approach truly transformative have been two additional factors: One was the appearance of an outstanding military strategist (now assassinated); and secondly, his ability to mix and apply these new tools in a wholly novel matrix. The fusion of these two factors – together with low-tech drones and cruise missiles – completed the revolution.

    The philosophy driving this military strategy is clear: the West is over-invested in air dominance and in its carpet fire power. It prioritises “shock and awe” thrusts, but quickly exhausts itself early in the encounter. This rarely can be sustained for long. The Resistance aim is to exhaust the enemy.

    The second key principle driving this new military approach concerns the careful calibration of the intensity of conflict, upping and lowering the flames as appropriate; and, at the same time, keeping escalatory dominance within the Resistance’s control.

    In Lebanon, in 2006, Hizbullah remained deep underground whilst the Israeli air assault swept across overhead. The physical surface damage was huge, yet their forces were unaffected and emerged from deep tunnels – only afterwards. Then came the 33 days of Hizbullah’s missile barrage – until Israel called it quits.

    So, is there any strategic point to an Israeli military response to Iran?

    Israelis widely believe that without deterrence – without the world fearing them – they cannot survive. October 7 set this existential fear burning through Israeli society. Hezbollah’s very presence only exacerbates it – and now Iran has rained missiles down into Israel directly.

    The opening of the Iranian front, in a certain way, initially may have benefited Netanyahu: the IDF defeat in the Gaza war; the hostage release impasse; the continuing displacement of Israelis from the north; and even the murder of the World Kitchen aid workers – all are temporarily forgotten. The West has grouped at Israel’s – and Netanyahu’s – side again. Arab states are again co-operating. And attention has moved from Gaza to Iran.

    So far, so good (from Netanyahu’s perspective, no doubt). Netanyahu has been angling to draw the US into war with Israel against Iran for two decades (albeit with successive US Presidents declining the dangerous prospect).

    But to cut Iran down to size would require US military assistance.

    Netanyahu senses Biden’s weakness and has the tools and knowhow by which he can manipulate US politics: Indeed, worked in this way, Netanyahu might force Biden to continue to arm Israel, and even to embrace his widening of the war to Hizbullah in Lebanon.

    Conclusion

    Israel’s strategy from past decades will continue with its hope of achieving some Chimeric transformative “de-radicalisation” of Palestinians that will make “Israel safe.”

    A former Israeli Ambassador to the US argues that Israel can have no peace without such “transformative de-radicalisation.” “If we do it right,” Ron Dermer insists, “it will make Israel stronger – and the US too.” It is in this context that the War Cabinet’s insistence on retaliation against Iran should be understood.

    Rational argument advocating moderation is read as inviting defeat.

    All of which is to say that Israelis are psychologically very far from being able to reconsider the content to the Zionist project of Jewish special rights. For now, they are on a completely different path, trusting to a Biblical reading that many Israelis have come to view as mandatory injunctions under Halachic Law.

    Hubert Védrine asks us the supplementary question: “Can we imagine a West that manages to preserve the societies it has birthed – and yet “is not proselytizing, not-interventionist? In other words, a West that can accept alterity, that can live with others – and accept them for who they are.”

    Védrine says this “is not a problem of the diplomatic machines: it’s a question of profound soul-searching, a deep cultural change that needs to happen in western society.”

    A “trial of strength” between Israel and the Resistance Fronts ranged against it likely cannot be avoided.

    The die has been deliberately cast this way.

    Netanyahu is gambling big with Israel’s – and America’s – future. And he may lose.

    If there is a regional war, and Israel suffers defeat, then what?

    When exhaustion (and defeat) finally settles in, and the parties “scrabble in the drawer” for new solutions to their strategic distress, the truly transformative solution would be for an Israeli leader to think the “unthinkable” – to think of one state between the River and the Sea.

    And, for Israel – tasting the bitter herbs of “things fallen apart” – to talk directly with Iran.

    Reprinted with permission from Strategic Culture Foundation.

  44. Site: ChurchPOP
    3 weeks 3 days ago
    Author: Jacqueline Burkepile

    In 1943, Rita Rizzo (later EWTN foundress Mother Mary Angelica) was 19 years old and had severe gastrointestinal problems.

    She couldn’t eat anything but crackers, tea, and stale bread. She endured severe stomach spasms and pain.

    “I couldn’t sleep or eat. My hands would shake and my left arm would get numb,” Mother Angelica wrote for Raymond Arroyo’s book, "Mother Angelica: The Remarkable Story of a Nun, Her Nerve, and a Network of Miracles."

    Her only alleviation from pain was a surgical corset that tore into her skin causing blisters.

    One family friend suggested Rita meet Rhoda Wise, an alleged 20th-century stigmatist, mystic, and Catholic convert.

    Wise also once endured severe health problems, including a ruptured bowel and wounded abdomen, as well as a severe leg wound. She suffered so much that she prayed for her own death.

    Rhoda Wise’s Visions of Jesus and Saint Therese

    In 1939, Wise said Jesus and Saint Therese appeared to her in her Ohio home. Saint Therese came to her bedside, opened her abdominal wound, and spoke to her.

    “She then placed her hand on my abdomen and said: ‘I am the Little Flower. You have been tried in the fire and not found wanting. Faith cures all things.’”

    Wise said following that moment, she “was astounded to find that the wound on my abdomen was entirely closed…The ruptured bowel, too, was entirely healed.”

    Wise said Saint Therese appeared to her an additional time, also healing her severely wounded leg.

    “The Little Flower stood by my bed and said, ‘That is a very little thing. Stand up and walk.’

    “I placed my feet on the floor and stood up, and as I did so the cast, over a foot long, split open from top to bottom, and I easily stepped out of it.

    “The Little Flower then said: ‘Go to church now,’ and immediately disappeared.”

    (According to Arroyo’s book, “Msgr. George Habig, Wise’s reluctant spiritual director, told friends and church officials that he believed the healings to be authentic and supernatural.”)

    Wise also received the stigmata, suffering Christ’s wounds on the First Friday of every month from 12 p.m. – 3 p.m., from 1942-1945. She also suffered “invisible wounds” until she died in 1948.

    Rhoda Wise Meets Rita Rizzo (Mother Angelica)

    Rita’s mother, Mae Rizzo, wanted Rita to meet with Wise.

    Rita had her speculations because her faith was not developed. However, Mother Angelica said she was “so happy that my mother wanted to go that I figured, what can I lose?”

    When Rita and her mother arrived at Wise’s home, Wise suggested Rita sit in “Our Lord’s chair,” where she said she had conversations with Jesus.

    During their visit, Wise gifted Rita with prayers to Saint Therese. She told her to pray this novena and make a sacrifice along with her prayers. She also requested that Rita spread devotion to the Little Flower if God cured her.

    Rita prayed and sacrificed as Rhoda requested for the novena. Throughout the novena, however, Rita’s stomach pain and spasms continued.

    After the novena ended, on Jan. 17, 1943, Rita experienced the most extreme pain and spasms she had ever known that morning.

    “It seemed that something was pulling my stomach out,” Mother Angelica told Raymond Arroyo.

    At the time, Rita’s surgical corset was removed due to skin blisters, and because of her severe pain, she thought about putting it back on before getting up.

    However, she heard a voice say, “Get up and walk” without the corset.

    Although she continued experiencing pain in her stomach, she said “It was different from the other pain.”

    I knew I didn’t need that brace and I knew I was healed.”

    “When the Lord came in and healed me through the Little Flower, I had a whole different attitude,” Mother Angelica added.

    “I knew there was a God; I knew that God knew me and loved me and was interested in me. I didn’t know that before. All I wanted to do after my healing was give my life to Jesus.”

    Rita did not know how to give her life to Jesus, so she leaned on Wise, who “became her model of sanctity and a seminal spiritual influence.”

    Mother Angelica then went on to spread devotion to Saint Therese, as she initially promised.

    Rita (Mother Angelica) wrote the following about her conversion in a 1943 letter:

    “…before I was cured, I was a lukewarm Catholic…now I love [our Lord] so that there are times when I think I will die. When I think of all that He has done for me and how little I have done for Him, I could cry.”

    Let us remember the lives of Saint Therese of the Child Jesus, Servant of God Rhoda Wise, and Mother Angelica. They are all incredible models of sanctity and holiness!

  45. Site: Mises Institute
    3 weeks 3 days ago
    Author: Sergio Fernández Redondo
  46. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    Biden's America: 40% Of Renters Think They'll Never Own A Home, Up From 27% Last Year

    Bidenomics 101: the American dream of owning a home has become the American nightmare for almost half the US population.

    As housing specialist Redfin reports, rising home prices and mortgage rates "are making it harder to believe in the American dream of homeownership. Lack of affordability is the most commonly cited reason renters don’t believe they’ll ever own a home."

    The details are dire: Nearly two in five (38%) U.S. renters don’t believe they’ll ever own a home, up from roughly one-quarter (27%) less than a year ago. 

    This is according to a Redfin-commissioned survey of roughly 3,000 U.S. residents conducted by Qualtrics in February 2024. This report focuses on the 1,000 respondents who indicated they are renters. The relevant questions were: “Do you believe that you will ever own your own home in the future?” and “Which of the following are reasons you aren’t likely to purchase a home in the near future?” The 27% comparison is from a Redfin survey conducted in May and June 2023. 

    Lack of affordability is the prevailing reason renters believe they’re unlikely to become homeowners. Nearly half (44%) of renters who don’t believe they’ll buy a home in the near future said it’s because available homes are too expensive. The next most common obstacles: Ability to save for a down payment (35%), ability to afford mortgage payments (33%) and high mortgage rates (32%). Roughly one in eight (14%) simply aren’t interested in owning a home. 

    Buying a home has become increasingly out of reach for many Americans due to the one-two punch of high home prices and high mortgage rates. First-time homebuyers must earn roughly $76,000 to afford the typical U.S. starter home, up 8% from a year ago and up nearly 100% from before the pandemic, according to a recent Redfin analysis. Home prices have skyrocketed more than 40% since 2019, due to the pandemic homebuying frenzy and a shortage of homes for sale. And the current average 30-year fixed mortgage rate is 6.82%. While that’s below the 23-year-high of nearly 8% hit in October, it’s still more than double the record low rates dropped to in 2020. 

    Home prices have risen 7% in the last year alone, and monthly mortgage payments have risen more than 10%, which helps explain why renters today are more likely than they were last year to say they don’t see themselves owning a home anytime soon. 

    Many renters can’t fathom homeownership because they’re already struggling to afford their monthly housing costs. Nearly one-quarter (24%) of renters say they regularly struggle to afford their housing payments, and an additional 45% say they sometimes struggle to do so.

    Rents have soared over the last few years because so many people moved during the pandemic, upping demand for rentals. The median U.S. asking rent is roughly $2,000, near the record high hit in 2022–but the good news for renters is that prices aren’t growing nearly as fast as they were during the pandemic, partly because an influx of apartment supply is taking some of the heat off prices. 

    “Housing costs are high across the board, but renting is a more affordable and realistic option for many Americans right now–especially those who have never owned a home and aren’t able to tap into equity from a previous sale,” said Redfin Chief Economist Daryl Fairweather. “While owning a home is usually a sound longterm investment, the barriers to entry and upfront costs of buying are higher than renting. Buying typically requires a sizable down payment and approval for a mortgage–things that are difficult for many people today, when the typical down payment is near $60,000 and mortgage payments are sky-high. The sheer expense of purchasing a home is causing the American Dream of homeownership to lose some of its shine.” 

    Gen Z renters are most likely to believe they’ll own a home

    Broken down by generation, Gen Z renters are by far the most likely to believe they will become homeowners (maybe it's because they are also the dumbest). Just 8% of Gen Z renters believe they’ll never own a home, compared to 22% of millennials, 40% of Gen Xers and 81% of baby boomers.

    Tyler Durden Tue, 04/23/2024 - 09:40
  47. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    Biden's America: 40% Of Renters Think They'll Never Own A Home, Up From 27% Last Year

    Bidenomics 101: the American dream of owning a home has become the American nightmare for almost half the US population.

    As housing specialist Redfin reports, rising home prices and mortgage rates "are making it harder to believe in the American dream of homeownership. Lack of affordability is the most commonly cited reason renters don’t believe they’ll ever own a home."

    The details are dire: Nearly two in five (38%) U.S. renters don’t believe they’ll ever own a home, up from roughly one-quarter (27%) less than a year ago. 

    This is according to a Redfin-commissioned survey of roughly 3,000 U.S. residents conducted by Qualtrics in February 2024. This report focuses on the 1,000 respondents who indicated they are renters. The relevant questions were: “Do you believe that you will ever own your own home in the future?” and “Which of the following are reasons you aren’t likely to purchase a home in the near future?” The 27% comparison is from a Redfin survey conducted in May and June 2023. 

    Lack of affordability is the prevailing reason renters believe they’re unlikely to become homeowners. Nearly half (44%) of renters who don’t believe they’ll buy a home in the near future said it’s because available homes are too expensive. The next most common obstacles: Ability to save for a down payment (35%), ability to afford mortgage payments (33%) and high mortgage rates (32%). Roughly one in eight (14%) simply aren’t interested in owning a home. 

    Buying a home has become increasingly out of reach for many Americans due to the one-two punch of high home prices and high mortgage rates. First-time homebuyers must earn roughly $76,000 to afford the typical U.S. starter home, up 8% from a year ago and up nearly 100% from before the pandemic, according to a recent Redfin analysis. Home prices have skyrocketed more than 40% since 2019, due to the pandemic homebuying frenzy and a shortage of homes for sale. And the current average 30-year fixed mortgage rate is 6.82%. While that’s below the 23-year-high of nearly 8% hit in October, it’s still more than double the record low rates dropped to in 2020. 

    Home prices have risen 7% in the last year alone, and monthly mortgage payments have risen more than 10%, which helps explain why renters today are more likely than they were last year to say they don’t see themselves owning a home anytime soon. 

    Many renters can’t fathom homeownership because they’re already struggling to afford their monthly housing costs. Nearly one-quarter (24%) of renters say they regularly struggle to afford their housing payments, and an additional 45% say they sometimes struggle to do so.

    Rents have soared over the last few years because so many people moved during the pandemic, upping demand for rentals. The median U.S. asking rent is roughly $2,000, near the record high hit in 2022–but the good news for renters is that prices aren’t growing nearly as fast as they were during the pandemic, partly because an influx of apartment supply is taking some of the heat off prices. 

    “Housing costs are high across the board, but renting is a more affordable and realistic option for many Americans right now–especially those who have never owned a home and aren’t able to tap into equity from a previous sale,” said Redfin Chief Economist Daryl Fairweather. “While owning a home is usually a sound longterm investment, the barriers to entry and upfront costs of buying are higher than renting. Buying typically requires a sizable down payment and approval for a mortgage–things that are difficult for many people today, when the typical down payment is near $60,000 and mortgage payments are sky-high. The sheer expense of purchasing a home is causing the American Dream of homeownership to lose some of its shine.” 

    Gen Z renters are most likely to believe they’ll own a home

    Broken down by generation, Gen Z renters are by far the most likely to believe they will become homeowners (maybe it's because they are also the dumbest). Just 8% of Gen Z renters believe they’ll never own a home, compared to 22% of millennials, 40% of Gen Xers and 81% of baby boomers.

    Tyler Durden Tue, 04/23/2024 - 09:40
  48. Site: LifeNews
    3 weeks 3 days ago
    Author: Joshua Mercer

    Independent presidential candidate Robert F. Kennedy Jr. just released a new policy platform on abortion titled, “More Choices, More Life.”

    “Abortion is one of the most divisive issues in American politics,” states Kennedy’s official campaign webpage on abortion. “We’ve been offered two positions — pro-life and pro-choice — with hardly any room between or outside them.”

    Kennedy’s campaign claims that his proposed abortion policy “will dramatically reduce abortion in this country, and it will do so by offering more choices for women and families, not less.”

    The policy clarifies that a Kennedy administration would seek to “make it easier for women to choose life.”

    In order to accomplish this goal, the policy seeks to “make our society as welcoming as possible to children and to motherhood.”

    “The centerpiece of More Choices, More Life is a massive subsidized daycare initiative,” the policy continues:

    We will safeguard women’s reproductive rights while redirecting the funds being spent on the war in Ukraine to subsidize community- and home-based daycares, along with stay-at-home parents. Instead of padding the pockets of our weapons manufacturers, we will pay 100% of care for the three million children under five who live beneath our poverty line. And we will cap the cost at 10% of family income for everyone else.

    “[W]e will also strengthen our adoption infrastructure to make it the best in the world,” the policy platform goes on to state. “We will increase the child tax credit, and we will fund sanctuaries for women in need to have babies, places like Angie’s House where they get support not just in pregnancy and birth but also in those precious months afterwards.”

    REACH PRO-LIFE PEOPLE WORLDWIDE! Advertise with LifeNews to reach hundreds of thousands of pro-life readers every week. Contact us today.

    “That way, [women’s] only ‘choice’ isn’t abortion,” the policy indicates. “They have another choice, a viable choice to give birth.”

    Kennedy’s campaign adds that the proposed policy “won’t end the debate, but it offers a way forward that most Americans can support.”

    CatholicVote President Brian Burch issued a statement in reaction to the announced platform.

    “RFK Jr.’s abortion policy offers a stark contrast to the ‘shout your abortion’ extremism coming from the Biden campaign,” Burch said.

    “While RFK Jr. is wrong for pledging to continue to protect the ‘right’ to destroy innocent lives, he deserves credit for not ducking the need to help women choose life,” he continued.

    “Abortion is not simply a state’s rights issue,” the CatholicVote president pointed out. “The federal government does indeed have a role in helping to reduce abortion by empowering pregnant mothers to keep their children.”

    “[Kennedy] also deserves credit for recognizing the unique role of stay at home parents by proposing that any day-care subsidies equally apply to mothers or fathers who choose to stay home to raise their children,” Burch outlined.

    “Kennedy’s position, while problematic in principle, aims in the right direction,” he concluded. “Abortion is always a tragic choice, and we must do everything we can to help as many women as possible choose life.”

    Kennedy is a self-professed Catholic.

    LifeNews Note: Joshua Mercer writes for CatholicVote, where this column originally appeared.

    The post Robert Kennedy Jr Releases New Abortion Policy Supporting Abortions Up to Birth appeared first on LifeNews.com.

  49. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    Euro Area PMI Activity Hits 11 Month High On Service Expansion As Manufacturing Recession Gets Worse

    Europe's study in paradoxical contrasts continues. On the same day, ECB's de Guindos said a June rate cut looks like a set deal (unless there are surprises) with the end of inflation fight is in sight, the Euro-area's private-sector activity advanced to the highest level since May 2023, driven by a buoyant services sector and Germany's return to growth; UK firms also reported the strongest growth in almost a year

    Here are the details: 

    France

    • Services Flash PMI (Apr) 50.5 vs. Exp. 49.0 (Prev. 48.3);
    • Manufacturing Flash PMI (Apr) 44.9 vs. Exp. 47.0 (Prev. 46.2);
    • Composite Flash PMI (Apr) 49.9 vs. Exp. 48.8 (Prev. 48.3);
      • "Overall, our HCOB nowcast model for the second quarter points to a recovery of the French economy, driven by the services sector".

    Germany

    • Manufacturing Flash PMI (Apr) 42.2 vs. Exp. 42.9 (Prev. 41.9);
    • Services Flash PMI (Apr) 53.3 vs. Exp. 50.5 (Prev. 50.1);
    • Composite Flash PMI (Apr) 50.5 vs. Exp. 48.6 (Prev. 47.7);
      • "Factoring in the PMI numbers into our GDP Nowcast, we estimate that GDP may expand by 0.2%".

    UK

    • Services PMI (Apr) 54.9 vs. Exp. 53.0 (Prev. 53.1);
    • Manufacturing PMI (Apr) 48.7 vs. Exp. 50.4 (Prev. 50.3);
    • Flash Composite PMI (Apr) 54.0 vs. Exp. 52.7 (Prev. 52.8)

    Euro-Area

    • Services Flash PMI (Apr) 52.9 vs. Exp. 51.8 (Prev. 51.5);
    • Manufacturing Flash PMI (Apr) 45.6 vs. Exp. 46.6 (Prev. 46.1);
    • Composite Flash PMI (Apr) 51.4 vs. Exp. 50.8 (Prev. 50.3);
      • "Considering various factors including the HCOB PMIs, our GDP forecast suggests a 0.3% expansion in the second quarter".

    Putting it all together, the Euro area composite flash PMI increased by 1pt to 51.4 in April, above the 50.7 consensus estimate, in expansion (>50) for the second straight month and the highest since May 2023. As shown in the chart below, the improvement in the composite index was skewed heavily towards the services sector, where the index rose (by 1.4pt) to 52.9, while the manufacturing PMI continued to sink.

    Across countries, the improvement in the area-wide index was driven by Germany - which was above that key 50 expansion mark for the first time in 10 months driven by services (even as manufacturing continued to shrink, though at a slower pace than the month before) defying analysts who had expected another sub-par reading - and France, partially offset by a slight deceleration in the periphery.

    In the UK, the composite flash PMI improved notably to 54.0, above consensus expectations of a decline, on the back of a pick-up in services activity, where the index grew by 1.8pt to 54.9, which was partly offset by a slowdown in manufacturing activity.

    Commenting on the results, Goldman saw three main takeaways from today's data.

    • First, there are continued improvement in the Euro area headline numbers, coupled with continued, but moderating, optimism for the upcoming year.
    • Second, the PMI price components ticked up in April, driven by both sectors, with the risks to cost inflation coming from higher wages and oil prices.
    • Lastly, the UK saw another month of expanding activity, also driven by the services sector, which should support growth momentum going forward.

    While output prices ticked up only marginally in both the Euro area and the UK, it is important that firms' pricing behavior remains supportive for the disinflationary process, Goldman's economists noted.

    The positive figures suggest that the euro area will probably expand by 0.3% in the second quarter, matching the rate of growth in the January-March period, said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank. That’s a more upbeat prediction than the Bloomberg consensus, which sees just 0.1% growth at the start of the year, with data due on April 30.

    “It appears that the recession was predominantly concentrated within the manufacturing sector, while the broader economy may have narrowly skirted such a downturn,” de la Rubia said. “The service sector may serve as a catalyst for the overall economy.”

    After contracting in the final quarter of last year, Germany was long expected to have had a shallow recession over the winter. But the Bundesbank last week said output may have grown slightly in the first three months of the year because of a pickup in industrial production, exports and construction — meaning the country would avoid such a scenario.

    De la Rubia agreed, saying a Nowcast model points to economic expansion of 0.1% in the first quarter followed by 0.2% in the second. German bonds fell across the curve and money markets reduced wagers on the scope for interest-rate cuts after data for the country were published. The two-year maturity, which is sensitive to changes in monetary policy, rose as much as three basis points to 2.99%.

    The overall performance was also better in France, where activity remained broadly stable after contracting for 10 months. That development was also driven by services, where rising demand resulted in the first expansion in almost a year. New orders placed with factories fell at the steepest pace since January, increasing the wedge between manufacturers and services firms.

    “The French services sector is the workhorse of the economy,” said Norman Liebke, an economist at Hamburg Commercial Bank. “French manufacturing output stays subdued, but we expect it will soon follow the path of the services sector. The manufacturing sector delays the overall economy’s recovery for now, though.”

    But the better momentum in both countries was flanked by stronger price pressures, which as Bloomberg notes is a potential source of concern for European Central Bank officials who are gearing up for a first interest-rate cut in June. That development was also centered on the services sector, where rising wages are playing a bigger role.  Diverging fortunes were equally visible in the labor market. While German and French services firms added workers at a quicker pace, factories shed jobs.

    Overall though, the currency bloc’s top two economies couldn’t keep pace with the rest of the region, which appears to be recovering after the energy crisis that stifled its post-Covid rebound.

    The rise in power costs — triggered by Russia’s war in Ukraine — also fanned inflation, though consumer-price growth has since slowed markedly. The purchasing-manager data showed that price pressures “intensified slightly” this month.

    “The PMI figures are poised to test the ECB’s willingness to cut interest rates in June,” de la Rubia said. “Accelerated increases in input costs, likely driven not only by higher oil prices but also, more concerningly, by higher wages, are a cause for scrutiny. Concurrently, service-sector companies have raised their prices at a faster rate than in March, fueling expectations that services inflation will persist.”

    Still, he doesn’t expect that to derail a well-telegraphed easing at the ECB’s next monetary-policy meeting. “However, we doubt that the central bank will adopt a ‘pragmatic speed,’ as suggested by Francois Villeroy de Galhau” de la Rubia said. “Instead, we expect a more cautious approach.”

    As noted above, comments by ECB Vice President Luis de Guindos earlier on Tuesday reinforce that approach. “The level of uncertainty makes it very difficult to say,” he told Le Monde, according to a transcript on the ECB website. “I already mentioned June. As for what happens afterwards, I’m inclined to be very cautious.”

    A separate set of data for the UK showed the economy’s recovery from recession unexpectedly gathered pace at the start of the second quarter as private-sector firms reported the strongest growth in almost a year. PMIs are closely watched by markets as they arrive early in the month and are good at revealing trends and turning points in an economy. A measure of breadth of changes in output rather than depth, business surveys can sometimes be difficult to map directly to quarterly GDP.

    US figures later are set to show continued growth. Earlier numbers from Australia, India and Japan pointed to faster expansion.

    Tyler Durden Tue, 04/23/2024 - 09:30
  50. Site: Zero Hedge
    3 weeks 3 days ago
    Author: Tyler Durden
    Euro Area PMI Activity Hits 11 Month High On Service Expansion As Manufacturing Recession Gets Worse

    Europe's study in paradoxical contrasts continues. On the same day, ECB's de Guindos said a June rate cut looks like a set deal (unless there are surprises) with the end of inflation fight is in sight, the Euro-area's private-sector activity advanced to the highest level since May 2023, driven by a buoyant services sector and Germany's return to growth; UK firms also reported the strongest growth in almost a year

    Here are the details: 

    France

    • Services Flash PMI (Apr) 50.5 vs. Exp. 49.0 (Prev. 48.3);
    • Manufacturing Flash PMI (Apr) 44.9 vs. Exp. 47.0 (Prev. 46.2);
    • Composite Flash PMI (Apr) 49.9 vs. Exp. 48.8 (Prev. 48.3);
      • "Overall, our HCOB nowcast model for the second quarter points to a recovery of the French economy, driven by the services sector".

    Germany

    • Manufacturing Flash PMI (Apr) 42.2 vs. Exp. 42.9 (Prev. 41.9);
    • Services Flash PMI (Apr) 53.3 vs. Exp. 50.5 (Prev. 50.1);
    • Composite Flash PMI (Apr) 50.5 vs. Exp. 48.6 (Prev. 47.7);
      • "Factoring in the PMI numbers into our GDP Nowcast, we estimate that GDP may expand by 0.2%".

    UK

    • Services PMI (Apr) 54.9 vs. Exp. 53.0 (Prev. 53.1);
    • Manufacturing PMI (Apr) 48.7 vs. Exp. 50.4 (Prev. 50.3);
    • Flash Composite PMI (Apr) 54.0 vs. Exp. 52.7 (Prev. 52.8)

    Euro-Area

    • Services Flash PMI (Apr) 52.9 vs. Exp. 51.8 (Prev. 51.5);
    • Manufacturing Flash PMI (Apr) 45.6 vs. Exp. 46.6 (Prev. 46.1);
    • Composite Flash PMI (Apr) 51.4 vs. Exp. 50.8 (Prev. 50.3);
      • "Considering various factors including the HCOB PMIs, our GDP forecast suggests a 0.3% expansion in the second quarter".

    Putting it all together, the Euro area composite flash PMI increased by 1pt to 51.4 in April, above the 50.7 consensus estimate, in expansion (>50) for the second straight month and the highest since May 2023. As shown in the chart below, the improvement in the composite index was skewed heavily towards the services sector, where the index rose (by 1.4pt) to 52.9, while the manufacturing PMI continued to sink.

    Across countries, the improvement in the area-wide index was driven by Germany - which was above that key 50 expansion mark for the first time in 10 months driven by services (even as manufacturing continued to shrink, though at a slower pace than the month before) defying analysts who had expected another sub-par reading - and France, partially offset by a slight deceleration in the periphery.

    In the UK, the composite flash PMI improved notably to 54.0, above consensus expectations of a decline, on the back of a pick-up in services activity, where the index grew by 1.8pt to 54.9, which was partly offset by a slowdown in manufacturing activity.

    Commenting on the results, Goldman saw three main takeaways from today's data.

    • First, there are continued improvement in the Euro area headline numbers, coupled with continued, but moderating, optimism for the upcoming year.
    • Second, the PMI price components ticked up in April, driven by both sectors, with the risks to cost inflation coming from higher wages and oil prices.
    • Lastly, the UK saw another month of expanding activity, also driven by the services sector, which should support growth momentum going forward.

    While output prices ticked up only marginally in both the Euro area and the UK, it is important that firms' pricing behavior remains supportive for the disinflationary process, Goldman's economists noted.

    The positive figures suggest that the euro area will probably expand by 0.3% in the second quarter, matching the rate of growth in the January-March period, said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank. That’s a more upbeat prediction than the Bloomberg consensus, which sees just 0.1% growth at the start of the year, with data due on April 30.

    “It appears that the recession was predominantly concentrated within the manufacturing sector, while the broader economy may have narrowly skirted such a downturn,” de la Rubia said. “The service sector may serve as a catalyst for the overall economy.”

    After contracting in the final quarter of last year, Germany was long expected to have had a shallow recession over the winter. But the Bundesbank last week said output may have grown slightly in the first three months of the year because of a pickup in industrial production, exports and construction — meaning the country would avoid such a scenario.

    De la Rubia agreed, saying a Nowcast model points to economic expansion of 0.1% in the first quarter followed by 0.2% in the second. German bonds fell across the curve and money markets reduced wagers on the scope for interest-rate cuts after data for the country were published. The two-year maturity, which is sensitive to changes in monetary policy, rose as much as three basis points to 2.99%.

    The overall performance was also better in France, where activity remained broadly stable after contracting for 10 months. That development was also driven by services, where rising demand resulted in the first expansion in almost a year. New orders placed with factories fell at the steepest pace since January, increasing the wedge between manufacturers and services firms.

    “The French services sector is the workhorse of the economy,” said Norman Liebke, an economist at Hamburg Commercial Bank. “French manufacturing output stays subdued, but we expect it will soon follow the path of the services sector. The manufacturing sector delays the overall economy’s recovery for now, though.”

    But the better momentum in both countries was flanked by stronger price pressures, which as Bloomberg notes is a potential source of concern for European Central Bank officials who are gearing up for a first interest-rate cut in June. That development was also centered on the services sector, where rising wages are playing a bigger role.  Diverging fortunes were equally visible in the labor market. While German and French services firms added workers at a quicker pace, factories shed jobs.

    Overall though, the currency bloc’s top two economies couldn’t keep pace with the rest of the region, which appears to be recovering after the energy crisis that stifled its post-Covid rebound.

    The rise in power costs — triggered by Russia’s war in Ukraine — also fanned inflation, though consumer-price growth has since slowed markedly. The purchasing-manager data showed that price pressures “intensified slightly” this month.

    “The PMI figures are poised to test the ECB’s willingness to cut interest rates in June,” de la Rubia said. “Accelerated increases in input costs, likely driven not only by higher oil prices but also, more concerningly, by higher wages, are a cause for scrutiny. Concurrently, service-sector companies have raised their prices at a faster rate than in March, fueling expectations that services inflation will persist.”

    Still, he doesn’t expect that to derail a well-telegraphed easing at the ECB’s next monetary-policy meeting. “However, we doubt that the central bank will adopt a ‘pragmatic speed,’ as suggested by Francois Villeroy de Galhau” de la Rubia said. “Instead, we expect a more cautious approach.”

    As noted above, comments by ECB Vice President Luis de Guindos earlier on Tuesday reinforce that approach. “The level of uncertainty makes it very difficult to say,” he told Le Monde, according to a transcript on the ECB website. “I already mentioned June. As for what happens afterwards, I’m inclined to be very cautious.”

    A separate set of data for the UK showed the economy’s recovery from recession unexpectedly gathered pace at the start of the second quarter as private-sector firms reported the strongest growth in almost a year. PMIs are closely watched by markets as they arrive early in the month and are good at revealing trends and turning points in an economy. A measure of breadth of changes in output rather than depth, business surveys can sometimes be difficult to map directly to quarterly GDP.

    US figures later are set to show continued growth. Earlier numbers from Australia, India and Japan pointed to faster expansion.

    Tyler Durden Tue, 04/23/2024 - 09:30

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