Day: January 16, 2025

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President Joe Biden warns of “dangerous” oligarchy taking shape in farewell speech

Outgoing US President Joe Biden warned of the dangers of an oligarchy gaining power as he delivered his farewell address and brought a decades-long career in politics to an end.

“Today, an oligarchy is taking shape in America of extreme wealth, power and influence that really threatens our entire democracy, our basic rights and freedom,” he said on Wednesday.

Biden, 82, took aim at an ultra-wealthy “tech-industrial complex” which he said could wield unchecked power over Americans.

He also used his final televised speech from the White House to issue warnings about climate change and social media disinformation.

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Иван Айвазовский. «Черноморский флот в Феодосии». 1890 г. Феодосийская картинная галерея им И.К. Айвазовского. https://t.co/0Iz9awkZIV

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Biden strengthens US cyber defenses against Russia and China threats

Outgoing president signs executive order to tackle US vulnerabilities after attacks that have cost country billions
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Moscow and local authorities in Transnistria are discussing the possibility of purchasing gas for Moldova’s Russian-occupied region on the European spot market via an intermediary company, the Russian state-controlled media outlet Kommersant reported on Jan. 15, citing unnamed sources. The costs are likely to be compensated by the Russian budget, the newspaper reported.

The post Moscow and local authorities in Transnistria are discussing the possibility of purchasing gas for Moldova’s Russian-occupied region on the European spot market via an intermediary company, the Russian state-controlled media outlet Kommersant reported on Jan. 15, citing unnamed sources. The costs are likely to be compensated by the Russian budget, the newspaper reported. first appeared on The Russian World – russianworld.net.

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, California fire concerns reemerge after Palisades, Eaton fires destroyed Los Angeles

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Former Brazilian President Jair Bolsonaro Looks to Trump and the U.S. to Avoid Prison

The former Brazilian president, squeezed by criminal investigations, looks to the United States to shift his nation’s politics — and maybe keep him a free man.
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No experience? No problem. Trump’s Cabinet raises concerns about government dysfunction.

Many of Trump’s picks for top jobs in his next administration have not worked at the highest levels of government or in the private sector.
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As Trump Heads to White House, Bolsonaro May Be Headed to Jail. Why?

Three reasons help explain why the two politicians have faced such contrasting fates.
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Trump assembles an administration of uber-wealthy Cabinet members and advisers, sparking ethics questions

Wealthy hedge fund executive Scott Bessent – whose confirmation hearing for treasury secretary is slated for Thursday – has hundreds of millions of dollars in assets and owns property from North Dakota to the Bahamas.
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Indian central bank’s daily liquidity infusion to aid money markets, traders say https://t.co/XYY3bOwzON https://t.co/EIwSxXQXrU