A 12-member jury found Joe Biden’s 54-year-old son Hunter guilty of federal gun charges on June 11, according to AFP. People close to them claim that the president, who is currently running for reelection, has become more resigned and fearful for his son’s future. The Case in Brief The sole surviving son of President Joe Biden was found guilty of all three counts related to firearms possession while under the influence of drugs. The maximum prison term for two of the crimes is ten years, and the maximum penalty for the third count is five years. Additionally, there is a…
Author: Rajvini Rout
The INDIA bloc’s unwillingness to accept its loss in the election and the absence of opposition lawmakers from Sunday’s swearing-in ceremony, save for Congress president Mallikarjun Kharge, are interpreted as indicators of chilly ties between the opposition and the ruling alliance in the months to come, which may result in conflict in Parliament. Political observers speculate that the Modi government may need to rely more on executive than on legislative action to advance its reform agenda, and that the NDA may not have the typical honeymoon period that follows elections. What is the Opposition’s Reasoning? The opposition has previously accused…
US fast-food and coffee chains Starbucks, McDonald’s, and KFC are witnessing lower-than-expected financial results and the closure of numerous failing locations as a result of the boycotts surrounding the Gaza Genocide. Starbucks Cuts Forecasts Amid Falling Sales: Why? Starbucks slashed its predictions for year sales and profits on Tuesday following a dismal fiscal first quarter that witnessed a sharp decline in customer traffic. Sales at cafés that have been open for a year or longer, known as same-store sales, decreased by 4% during the second quarter of the fiscal year. Wall Street experts surveyed by FactSet anticipated a 1% gain.…
Image: BBC In the Manhattan Hush Money case involving Donald Trump, Judge Merchan informed the attorneys, for both sides, of a social media post claiming that one of the jurors who found the former president guilty might have discussed the result two days prior to its announcement. What Does the Judge Merchan Letter Entail? The brief letter from New York State Supreme Court Justice Juan Merchan to Manhattan District Attorney Prosecutor Joshua Steinglass and Trump’s principal defence attorney Todd Blanche is brief, simply informing them of a comment made on the state court system’s Facebook page.The letter says the Court…
Looking back at India’s economic history since 1991, it is evident that some of the most audacious and visionary changes implemented by coalition governments set the groundwork for the country’s comeback. For the first time in history, the NDA has won a third consecutive term at the centre, although the BJP has failed to secure a majority of 272. That suggests that a coalition government in the truest meaning of the phrase will exist. The one feature of the last two Lok Sabhas that set them apart in terms of economic governance was that, for the first time since the…
U.S. President Joe Biden has made the declaration of a plan for a truce and ceasefire in Gaza, which was drafted by the United States of America and Israel and conveyed to Hamas, without first getting approval from Israeli Prime Minister Netanyahu. What is the Move by the U.S.? Though an uncommon move by the U.S., the officials have stated that the decision to declare it unilaterally was very much intentional and was supposed to reduce the space for either of the parties, Israel or Hamas, to withdraw from the agreement. An anonymous senior official from the States says that…
The loss of the legislative majority by the Bharatiya Janata Party resulted in the largest decline in Indian equities since 2020. What’s the Cause? The Bharatiya Janata Party’s failure to secure a halfway mark majority in the Lok Sabha elections of 2024 caused a major carnage on June 4. Now, the Indian stock market will focus on the central macroeconomic factors and the Reserve Bank of India’s (RBI) upcoming monetary policy meeting. The outcome of the Lok Sabha elections in 2024 caused significant anxiety in the stock market, which ultimately led to the greatest market collapse in four years. The National…
Image: The Hindu After the votes are tabulated on June 4 and the results are in, the leading party of India’s general election, which took place from April 19 to June 1, is anticipated to establish a new government by the middle of June. VOTE COUNTING Decentralised vote counting takes place concurrently at counting locations in each of the nation’s 543 constituencies. On June 4, the counting process starts at 8 a.m. (0230 GMT) with the tallying of postal ballots that are only accessible to a few categories of individuals, such as those with impairments or those who work in…
Image: Business Today As the counting days begin on June 4, citizens await the results eagerly. Press Conference After an Election? One day before the votes in the Lok Sabha elections of 2024 are counted, on June 3, at 12:30 pm, the Election Commission of India (ECI) has scheduled a news conference. In the annals of Indian elections, this may be the first time a poll board has called a press conference following an election. The media invitation from the election commission stated, “Press Conference by Election Commission of India on General Elections 2024.” Deputy election commissioners used to provide…
After days of fierce warfare that included more than 200 airstrikes, Israeli troops destroyed more than 10 km of tunnels in the Jabalia area of north Gaza, the military announced on Friday. What is Israel’s Next Move? An Israeli security official stated on Friday that Israel will not consent to any ceasefire that does not include the release of the other hostages.. As long as the Israelis put an end to the conflict, Hamas had stated on Thursday that it would be prepared for a deal that included exchanging hostages for Palestinian inmates detained in Israel. The Israeli military stated…