🌞 Pelosi Provokes – July 21 2022

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Happy Thursday. 

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Again this will officially start on Monday, but we just wanted to give you a few day's warning. 

Thank you,

Clayton and Natali

credit: giphy

In Case You Missed It. 

🇮🇹 Italian Prime Minister Mario Draghi has resigned after losing a vote of confidence. 

🚨 The U.S. State Department has issued a red alert for all Americans to leave Russia. 

🇱🇰 Sri Lanka has a new president. Veteran politician Ranil Wickremesinghe was sworn in today after former President Rajapaksa resigned due to mass protests. 

🇷🇺 Russia turned back on the Nord Stream 1 gas pipeline to deliver gas to Europe, but not to full capacity.

🥵 The heat wave in the UK caused some server farms to go down. 

MARKETS

 

Bitcoin

$22,939.14

Ethereum

$1,498.54

Cardano

$0.4912

Dow

31874.84

S&P

3,959.90

Nasdaq

11,897.65

*Stock data as of market close, cryptocurrency data as of 5:00am ET. .

 

The Lead: Biden's Climate Power Grab

credit: getty

President Biden announced a $2.3 billion spending package to help fight climate change. The money comes from FEMA, the Federal Emergency Management Agency. It will help Americans cope with heat waves, floods, droughts and other natural disasters that just keep coming. 

The Biden Administration has been trying to pass legislation to do these things but Congress just won’t cooperate. The President did not declare a climate emergency, as some expected he would, which would give him a lot more executive power. 

In addition to coping with the climate, the spending package includes projects to help invest in offshore wind and energy development and enforce workplace standards to protect workers from suffering from the elements. 

This package is relatively small. Especially when put up against the $54 billion that the U.S. just sent to Ukraine for war. The U.S. says it will send even more on news that Russia is expanding its aim for land. The President says that this $2.3 billion is just the beginning and he will announce additional executive actions in the near future. 

Pelosi's China Provocation

credit: reuters

House Speaker Nancy Pelosi has reportedly booked a trip to Taiwan next month. China is none-too-happy about this. 

China insists that Taiwan is not an independent place but rather a part of China. The U.S. has in the past maintained a one-China policy for diplomatic purposes but during the Biden administration, began to call its China/Taiwan policy “ambiguous.” 

The Chinese Foreign Ministry said that it would take “resolute and strong measures” if Pelosi makes this trip. Most likely on Taiwan but maybe also on the U.S.? 

President Biden said regarding this trip that “the military thinks it’s not a good idea right now.” Pelosi’s staff have not confirmed this trip so maybe she’ll postpone given the backlash plus one more reason: There doesn’t seem to be a reason for her to go in the first place. Can you think of one? 

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The Mexican Energy Dance

mexican president obrador credit: getty

The United States and Canada are pushing for a legal fight with Mexico over its energy policies. Mexican President Andrew Manuel Lopez Obrador doesn’t seem all that bothered about it though.

The U.S. has requested settlement talks to discuss how Mexico’s energy companies are state-run. The U.S. and Canada say that this comes “at the expense of private investors.” 

President Lopez Obrador said that state-owned energy companies are “in line with public interests” and defends “the Mexican people against greedy companies used to stealing.” Indeed, Mexico does not have the gas and energy crisis that the United States is coping with. The U.S. says that this system undermines American companies in Mexico. 

Why does the U.S. government want to start a legal battle on behalf of private U.S. companies? Doesn’t that seem like a big privilege? Is the government going to bat for you like this? How powerful and connected do you have to be for the U.S. government to do your bidding for you like this? 

What's Trending?

credit: twitter

This video of a robot dog shooting a gun is trending because ruuuuuuunnnnn!!!! 

JJ Watt is trending because of this Tweet in which the football player offered to pay for a fan’s grandfather’s funeral. The fan had been selling Watt collectibles online to try to cover the costs. 

Dave Chappelle is trending because a Minneapolis venue canceled his show after people expressed outrage that they had booked him in the first place. 

Pink sauce is trending because people are discussing this disturbing condiment. Nope.

News By The Numbers

3. That is how many cups of coffee per day could help you live a longer life, according to a new study out of the U.K. Check! 

9.4%. That is the rate of inflation in the U.K. This is a 40-year high. 

2%. That is how much new home building fell last month in the U.S., representing a new nine-month low. 

14,000. That is how many cases of monkeypox have been recorded in 70 countries, the World Health Organization said on Wednesday. 

Quidditch vs. Quadball 

Quidditch is a game for wizards. Quadball is now a game for muggles (non-magic folk). 

Quidditch was made up by author J.K. Rowling in her Harry Potter novels. In recent years, muggles have been playing it in serious competition, only on the ground because muggles can’t fly. (Also, the snitch is a person?)

Now the muggles that run the U.S. Quidditch and Major League Quidditch leagues have renamed their sport to Quadball. The group said last December that they would be seeking (get it!?) a new name for the sport due to controversial opinions by Rowling. 

There are four balls in quidditch/quadball. Rowling named them: the quaffle, two bludgers and a snitch. The muggles say that they will keep Rowling’s naming of the balls for now but that could change. 

Maybe if they’re distancing themselves from the wizarding world, they don’t need the non-flying brooms/sticks between their legs while running at full force because that seems really dangerous. 

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