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Biden, Xi to meet in San Francisco to reignite relations U.S. and China Presidents Joe Biden and Xi Jinping meet Wednesday in San Francisco for the first time in a year. They are expected to discuss a broad range of topics, from economic ties between the two countries to the geopolitical issues. In the economic agenda, the most important event of the week is the release of the U.S. consumer price index for the month of October, on Tuesday. Economists expect a slowdown. US, CHINA PRESIDENTS TO RESUME TALKS WEDNESDAY
GOP introduces proposal to avert a government shutdown Republican Speaker of the House Mike Johnson presented a proposal to avert a government shutdown. In his plans, some federal agencies would be funded through late January and others through February. According to NBC News, the proposal could be voted as early as Tuesday. Congress needs to approve by Friday a bill to avert a shutdown. The Democrat-controlled Senate is also working on a spending plan. CONGRESS HAS FIVE DAYS TO AVERT SHUTDOWN
Thousands protest in Paris and London during weekend Tens of thousands attended a march in Paris against anti-Semitism on Sunday amid bickering by political parties over who should take part and a surge in anti-Semitic incidents across France. Tensions have been rising in the French capital -- home to large Jewish and Muslim communities -- in the wake of the October 7 attack by Palestinian militant group Hamas on Israel, followed by a month of Israeli bombardment of the Gaza Strip. In London, huge crowds marched on Saturday, as pro-Palestinian supporters made their latest mass call for a ceasefire, with police out in force to prevent clashes with counter-protesters. PROTESTERS TAKE STREETS OF BIG EUROPEAN CITIES
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Markets
DJIA | 34,283.10 | 1.15% |
S&P 500 | 4,415.24 | 1.56% |
Nasdaq Composite | 13,798.11 | 2.05% |
Japan: Nikkei 225 | 32,578.97 | 0.03% |
UK: FTSE 100 | 7,360.55 | -1.28% |
Crude Oil Futures | 76.65 | -0.67% |
Gold Futures | 1,943.50 | 0.30% |
Yen | 151.79 | 0.17% |
Euro | 1.07 | 0.01% | * As of market close |
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Gaza's hospital under intense fighting
Intense fighting raged around Gaza's biggest hospital Sunday where doctors said thousands of Palestinians were trapped in dire conditions, as Israel pledged to help evacuate babies from the crippled facility. Gaza City's Al-Shifa hospital has been caught in Israel's ground offensive aimed at destroying Hamas. The Israeli military has denied deliberately targeting the hospital and has repeatedly accused the Islamist militant group ruling Gaza of using medical facilities or tunnels beneath them as command centers and hideouts -- a charge Hamas denies. ISRAEL DENIES DELIBERATELY TARGETING GAZA HOSPITAL
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Fashion mogul convicted in sex-abuse case
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Russia targets artists and cultural figures
Russia has accelerated its campaign against artists and cultural figures amid its military offensive on Ukraine. Actors, directors, writers and performers have seen their work censored, been fired, forced into exile, or arrested. Award-winning director and playwright Yevgenia Berkovich was arrested in May on charges of "justifying terrorism". The offense is punishable by up to seven years in prison. Rights groups say the case is particularly controversial. The charges stem from a linguistic analysis of the play using a fringe research method into extremism and terrorism called "destructology". AWARD-WINNING PLAYWRIGHT TARGETED BY RUSSIA
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Extra point
On this date in 1933, the first sit-down strike was held by which workers? Thursday's answer: Computer scientist Harold Cohen developed the AI program AARON in the 1960s, using it to generate the first AI-only art.
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