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List of All Articles with Tag 'world'

Harvard Legacy Admissions Targeted in Minority Groups’ Complaint
Harvard Legacy Admissions Targeted in Minority Groups’ Complaint
Harvard University was accused by minority groups of violating the Civil Rights Act of 1964 by giving preferential
2023-07-03 22:54
Ambani’s Jio Unveils $12 Phone That Streams Video, Moves Money
Ambani’s Jio Unveils $12 Phone That Streams Video, Moves Money
Billionaire Mukesh Ambani’s group Monday announced an internet-enabled phone at an entry price of 999 rupees ($12) as
2023-07-03 22:47
Karnataka High Court's Twitter verdict sparks debate on free speech
Karnataka High Court's Twitter verdict sparks debate on free speech
A court has fined Twitter $61,000 for not complying with a government order to take down tweets.
2023-07-03 13:53
Apple Sharply Cuts Vision Pro Headset Production Target, FT Says
Apple Sharply Cuts Vision Pro Headset Production Target, FT Says
Apple Inc. is cutting production targets for its long-awaited mixed-reality Vision Pro headset due to difficulties in producing
2023-07-03 12:58
Climate nears point of no return as land, sea temperatures break records -experts
Climate nears point of no return as land, sea temperatures break records -experts
By David Stanway SINGAPORE (Reuters) -The target of keeping long-term global warming within 1.5 degrees Celsius (2.7 Fahrenheit) is moving
2023-07-03 07:29
Pence ‘doesn’t believe’ racial inequality exists in schools as he celebrates SCOTUS affirmative action ban
Pence ‘doesn’t believe’ racial inequality exists in schools as he celebrates SCOTUS affirmative action ban
Mike Pence cheered the end of affirmative action in US colleges and universities on Sunday in the wake of the Supreme Court’s ruling outlawing the practice. The former vice president discussed the issue on CBS’s Face the Nation and said that the time for policies aimed at improving outcomes for minority students in general had passed. A candidate for the presidency in 2024, Mr Pence is gunning for the GOP nomination against his own former boss, Donald Trump, and other conservatives like Florida Gov Ron DeSantis and former UN Ambassador Nikki Haley. His comments came as activists and authorities in the higher education field vowed to keep fighting to ensure that diversity would remain a core value in student recruiting. “Fundamentally, do you believe that there are racial inequities in the education system in the United States?” asked host Margaret Brennan. “I really don’t believe there is [racial inequality in US schools]. I believe there was,” Mr Pence said. “I mean, it’s — there may have been a time when affirmative action was necessary simply to open the doors of all of our schools and universities, but I think that time has passed.” His response drew immediate backlash on Twitter, with many questioning whether Mr Pence’s children had attended schools and colleges with diverse student bodies. The three Pence children, Michael, Charlotte and Audrey, attended Purdue, DePaul, and Yale Universities. The Supreme Court ruled on Thursday that universities and colleges may not consider race as a specific factor when choosing to admit individual students. They may, however, continue to take into account how race plays into the individual experiences that those prospective students describe in their applications, such as in personal essay prompts. “[T]he student must be treated based on his or her experiences as an individual—not on the basis of race,” wrote Chief Justice John Roberts for the majority. The suit was brought on behalf of a group of Asian American students who argued that they were discriminated against by admissions staff at Harvard University. Critics of the ruling say it will gut efforts to improve representation of minority students in college classes. College enrollment rates remain noticeably lower among Black and Hispanic students compared to white and Asian American students. In addition, an analysis of US education data has shown that about 40 per cent of Black children attend schools where 90 per cent or more of the students are nonwhite. President Joe Biden responded to the ruling on Thursday after news of the decision broke, telling reporters simply: “This is not a normal court.” Read More Biden reveals ‘new path’ to student debt relief after Supreme Court strikes down president’s plan The Supreme Court risks inflaming the prejudices that America sought to banish In 370 days, Supreme Court conservatives dash decades of abortion and affirmative action precedents Mike Pence claims Biden is rehabilitating the Iran nuclear deal Trump returns to campaign rallies, draws thousands to small South Carolina city ahead of July 4 Biden blames GOP for student loan ruling as 2024 political consequences loom
2023-07-03 05:27
Australia’s Coal Exports by Volume Set to Rise on Asian Demand
Australia’s Coal Exports by Volume Set to Rise on Asian Demand
Australian coal exports are set to rise for at least the next three years on growing demand for
2023-07-02 23:29
REPT’s $1 Billion IPO Leads Wave of Auto Startup Filings in Hong Kong
REPT’s $1 Billion IPO Leads Wave of Auto Startup Filings in Hong Kong
A clutch of Chinese automotive startups have filed for initial public offerings in Hong Kong, as the financial
2023-07-02 19:57
Twitter Temporarily Caps Number of Tweets Users Can See Each Day
Twitter Temporarily Caps Number of Tweets Users Can See Each Day
Twitter is imposing a temporary cap on the number of tweets that accounts can see each day, a
2023-07-02 03:15
Kraken Ordered to Turn Over Its Users’ Information to the IRS
Kraken Ordered to Turn Over Its Users’ Information to the IRS
Cryptocurrency exchange Kraken was ordered by a judge to provide a wide swath of information about its users
2023-07-01 07:49
Biden reveals ‘new path’ to student debt relief after Supreme Court strikes down president’s plan
Biden reveals ‘new path’ to student debt relief after Supreme Court strikes down president’s plan
After the US Supreme Court struck down his administration’s plan to cancel federal student loan debts for millions of Americans, President Joe Biden has unveiled a “new path” for relief, one that he assured is “legally sound” but will “take longer”. In remarks from the White House on 30 June, the president hit out at Republican state officials and legislators who supported the lawsuit which enabled the nation’s highest court to strike down his student debt forgiveness initiative, accusing many of them of hypocrisy for taking money from pandemic-era relief programs while opposing relatively meager relief for student loan borrowers. “Some of the same elected Republicans, members of Congress who strongly opposed relief for students, got hundreds of thousands of dollars themselves ... several members of Congress got over a million dollars — all those loans are forgiven,” he said. “The hypocrisy is stunning,” he said. Accompanied by Secretary of Education Miguel Cardona, Mr Biden opened his remarks by acknowledging that there are likely “millions of Americans” who now “feel disappointed and discouraged or even a little bit angry about the court’s decision today on student debt”. “And I must admit, I do too,” he said. Still, Mr Biden reminded Americans that his administration has previously taken actions to reform student loan repayment programs to make them easier to access, and to keep borrowers from spending more than five per cent of disposable income on monthly repayments, and to strengthen loan forgiveness options for borrowers who take public service jobs. The president has directed Mr Cardona to “find a new way” to grant similar loan relief “as fast as we can” in a way that is “consistent” with the high court’s decision. On Friday, the Education Department issued the first step in the process of issuing new regulations under this so-called “negotiated rulemaking” process. In the mean time, Mr Biden said his administration is creating a temporary year-long “on-ramp repayment programme” under which conditions will remain largely the same as they have during the three-year pandemic-era pause in payments which is set to expire this fall. The department’s 12-month “on ramp” to begin repayments, from 1 October through 30 September, aims to prevent borrowers who miss repayments in that time period from delinquency, credit issues, default and referral to debt collection agencies. “During this period if you can pay your monthly bills you should, but if you cannot, if you miss payments, this on-ramp temporarily removes the threat of default,” he said. “Today’s decision closed one path. Now we’re going to pursue another — I’m never gonna stop fighting,” the president continued, adding that he will use “every tool” at his disposal to get Americans the student debt relief they need so they can “reach [their] dreams”. “It’s good for the economy. It’s good for the country. It’s gonna be good for you,” he said. Asked by reporters whether he’d given borrowers false hope by initiating the now-doomed forgiveness plan last year, Mr Biden angrily chided the GOP for having acted to take away the path to debt relief for millions. “I didn’t give any false hope. The question was whether or not I would do even more than was requested. What I did I felt was appropriate and was able to be done and would get done. I didn’t give borrowers false hope. But the Republicans snatched away the hope that they were given and it’s real, real hope,” he said. The Supreme Court’s 6-3 ruling from the conservative majority argues that the president does not have the authority to implement sweeping relief, and that Congress never authorised the administration to do so. Under the plan unveiled by the Biden administration last year, millions of people who took out federally backed student loans would be eligible for up to $20,000 in relief. Borrowers earning up to $125,000, or $250,000 for married couples, would be eligible for up to $10,000 of their federal student loans to be wiped out. Those borrowers would be eligible to receive up to $20,000 in relief if they received Pell grants. Roughly 43 million federal student loan borrowers would be eligible for that relief, including 20 million people who stand to have their debts cancelled completely, according to the White House. Lawyers for the Biden administration contended that he has the authority to broadly cancel student loan debt under the Higher Education Relief Opportunities for Students Act of 2003, which allows the secretary of education to waive or modify loan provisions following a national emergency – in this case, Covid-19. Since March 2020, with congressional passage of the Cares Act, monthly payments on student loan debt have been frozen with interest rates set at zero per cent. That pandemic-era moratorium, first enacted under Donald Trump and extended several times, was paused a final time late last year. Over the last decade, the student loan debt crisis has exploded to a balance of nearly $2 trillion, most of which is wrapped up in federal loans. The amount of debt taken out to support student loans for higher education costs has surged alongside growing tuition costs, increased private university enrollment, stagnant wages and GOP-led governments stripping investments in higher education and aid, putting the burden of college costs largely on students and their families. Read More Supreme Court strikes down Biden’s plan to cancel student loan debts Supreme Court strikes down affirmative action, banning colleges from factoring race in admissions Biden condemns Supreme Court striking down affirmative action: ‘This is not a normal court’ Justice Ketanji Brown Jackson delivers searing civil rights lesson in dissent to affirmative action ruling
2023-07-01 04:47
Twitter Blocks People From Seeing Tweets Unless a Registered User
Twitter Blocks People From Seeing Tweets Unless a Registered User
Twitter is blocking people from viewing tweets and profiles on its website unless they are signed in to
2023-07-01 03:00
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