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News in Review 06-7-24

6/7/2024

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President Biden greenlights use of US weapons within Russia for Ukraine War.  Up until now our weapons could only be used for defense now they can be used for aggression.  France and other countries are considering  sending troops.
 
1Quarter GDP WAS revised down almost 45% only netting 1.1% verses original report of 4%.  
 
900 million dollars allocated to creating electric school buses
 
2/3 of 4th graders cannot read at a kindergarten level per the Literacy Association
 
Per NOAA, national oceanic and atmospheric association, unprecedented ocean temperatures make this hurricane season especially dangerous 4-7 major hurricanes and 4-6 direct US impacts with the average being 3 major storms and 4 impacts this has insurers concerned.
 
California to attempt to keep insurers has allowed 10 20-30% home insurance price increases without requiring adaptation to benefits so home owners who have seen their value go up are still paying for lower replacement costs at a higher rate.
 
Kilauea riots in Hawaii for first time since 1974 creating a cascade of over 50 2.5 or higher earthquakes
 
Because of the House v NCAA settlement, greenlighting salaries to players, but calling them stipends, the NCAA is reversing course and allowing advertisements on the fields and courts so colleges can raise money to pay for it.  This is further dividing the education gap making colleges sport factories and moving away from education priorities, but also evening out the income disparity between colleges and players.
 
Team USA pulls off upset win over Pakistan in the cricket world championships held in falls.  This puts USA 2-0 in the tournament
 
In NRA v Villa, the NRA successfully argued in front of SCOTUS for a 9-0 decision that Villa practiced coercion in applying pressure to regulated entities to drop their NRA relationships 
 
In Bidens D-Day speech, making it sound more like a campaign speech on foreign soil, he warned and argued against isolationism and the threat that has in the world, making a slip up stating “isolationism is a threat now just as much as it was 8 years ago” when he meant 80.
 
Houthi rebels detain and capture 9 UN envoys
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