WASHINGTON: US President-elect Joe Biden on Monday formally tapped ex-Federal Reserve chair Janet Yellen to lead the Treasury, as he named officials to try to revitalize the world’s largest economy.
The US is struggling with a massive COVID-19 outbreak that’s caused tens of millions of layoffs while sharply slowing annualized growth, and with cases surging again and Congress deadlocked over more aid.
If confirmed by the Senate, Yellen, 74, will be the first female Treasury head in its history, and likely be tasked with breaking the deadlock over aid in Washington, should lawmakers not come to an agreement before Biden’s January inauguration.
“We face great challenges as a country right now. To recover, we must restore the American dream — a society where each person can rise to their potential and dream even bigger for their children,” Yellen tweeted.
“As Treasury Secretary, I will work every day toward rebuilding that dream for all.”
Other officials announced on Monday include veterans of former president Barack Obama’s administration, several of which the Biden transition team noted would break racial barriers in their positions.
“As we get to work to control the virus, this is the team that will deliver immediate economic relief for the American people during this economic crisis and help us build our economy back better than ever,” Biden said in a statement.
Yellen’s nomination was first reported last week, and Biden and Vice president-elect Kamala Harris will formally unveil the nominees on Tuesday.
Biden’s other nominations include Neera Tanden, president of liberal think tank Center for American Progress, as head the Office of Management and Budget. If confirmed, she would be its first South Asian head.
Nigerian-born Wally Adeyemo, a former deputy national security adviser and current president of the Obama Foundation non-profit, will serve as deputy Treasury secretary, the statement said. He would be the first African American in that role.
Also tapped was Dean of the Princeton School of Public and International Affairs Cecilia Rouse as chair of the Council of Economic Advisers (CEA), the first African American in that post.
Jared Bernstein, who previously advised Biden when he was vice president under Obama, will join the CEA, as will Washington Center for Equitable Growth President Heather Boushey.
Yellen would take over as Treasury secretary from Steven Mnuchin, who worked with Congress on passing the $2.2 trillion CARES Act in March that expanded unemployment payments and offered loans and grants to small businesses.
Those measures were seen as key in keeping the US from an even worse economic slowdown, but they expired over the summer and, despite talks with Mnuchin, Democrats and Republicans in Congress have been unable to agree on how much more to spend, and what to spend it on.
The deadlock raised fears the country’s tentative economic recovery could be reversed as the US struggles to quell COVID-19.
President-elect Joe Biden taps Janet Yellen as Treasury secretary for proposed economic team
https://arab.news/49sey
President-elect Joe Biden taps Janet Yellen as Treasury secretary for proposed economic team
- US is struggling with a massive COVID-19 outbreak that’s caused tens of millions of layoffs
Baroness Warsi accuses UK Conservative Party of demonizing her over Islamophobia claims
- Party recently told Warsi she would not have whip restored in UK’s upper house of parliament
- Internal inquiry clears Warsi of ‘bringing the party into disrepute’ over support for pro-Palestinian protester
LONDON: The UK’s first Muslim cabinet member has accused her Conservative Party of attempting to “demonize” her after she criticized the party over Islamophobia.
Baroness Sayeeda Warsi was told recently she was not welcome back into the Conservative Party in the UK’s upper house of parliament, where she holds a seat, The Independent reported on Wednesday.
Warsi resigned from the party in the House of Lords in September, claiming the Conservatives had moved too far to the right.
The former co-chair of the Conservative Party had also come under pressure from senior party members over language used in a tweet supporting a pro-Palestinian protester.
Warsi has now been cleared of being “divisive” and “bringing the party into disrepute” by a disciplinary panel investigating the tweet.
But the Conservatives wrote to Warsi saying that while she could remain a member of the party, they would not restore to her the party whip, meaning she could not be affiliated with the party in the Lords.
In response, Warsi said she had not asked to have the whip restored, and accused the Conservatives of playing games.
She told The Independent that the party was attempting to “demonize” her for challenging the party’s “rising levels of extremism, racism and Islamophobia.”
Warsi was appointed as the first Muslim Conservative Party chair in 2010 by Prime Minister David Cameron as he sought to modernize the party.
But in recent years the Conservatives have shifted further right as they seek to counter the growing popularity of far-right parties.
In March, Warsi said the party had become known as “the institutionally xenophobic and racist party.” She has also repeatedly accused it of failing to tackle Islamophobia within the party and criticized significant figures for their rhetoric over immigration.
In 2014, she resigned as a minister in the Foreign and Commonwealth Office over the government’s “morally indefensible” approach to Gaza.
Warsi’s decision to resign the whip in September was, she said: “A reflection of how far right my party has moved and the hypocrisy and double standards in its treatment of different communities.”
The move came after complaints against her for a tweet congratulating a pro-Palestinian protester acquitted of a racially aggravated public order offense. The protester had used a placard depicting Rishi Sunak, who was prime minister at the time, as a coconut.
Poland shuts consulate in Saint Petersburg on Russian order
- Russia ordered the closure in December after Poland said in October it was closing Russia’s consulate in the Polish city of Poznan
- “The Polish Consulate General in Saint Petersburg was shut down upon Russia’s withdrawal of its consent to the activity of the Polish post,” Poland’s foreign ministry said
WARSAW: Poland announced Wednesday it had shut its consulate in the Russian city of Saint Petersburg, after Russia ordered the closure in a tit-for-tat move.
Russia ordered the closure in December after Poland said in October it was closing Russia’s consulate in the Polish city of Poznan, accusing Moscow of “sabotage” attempts in the country and its allies.
“The Polish Consulate General in Saint Petersburg was shut down upon Russia’s withdrawal of its consent to the activity of the Polish post,” Poland’s foreign ministry said in a statement Wednesday.
“It is in retaliation for a decision of the Polish foreign minister to close down Russia’s Consulate General in Poznan in the aftermath of acts of sabotage committed on Polish territory and linked to Russian authorities.”
After Russia ordered the closure, Poland responded that it would close all the Russian consulates on its soil if “terrorism” it blamed on Moscow carried on.
Tensions between Russia and NATO member Poland have escalated since Moscow sent troops into Ukraine in February 2022, with both sides expelling dozens of diplomats.
Poland is a staunch ally of Kyiv and has been a key transit point for Western arms heading to the embattled country since the conflict began.
In one of the largest espionage trials, Poland in 2023 convicted 14 citizens of Russia, Belarus and Ukraine of preparing sabotage on behalf of Moscow as part of a spy ring.
They were found guilty of preparing to derail trains carrying aid to Ukraine, and monitoring military facilities and critical infrastructure in the country.
2 Russian firefighters died in blaze caused by Ukraine drone: governor
- “As a result of the liquidation (of the fire), there are two dead,” said the governor of Saratov region
MOSCOW: Two Russian firefighters died on Wednesday fighting a blaze caused by a Ukrainian drone attack, the local governor said, after Kyiv said it hit an oil depot that supplies Russia’s air force.
“Unfortunately, as a result of the liquidation (of the fire), there are two dead — employees of the emergency situations ministry’s fire department,” Roman Busagrin, governor of the Saratov region where the strike happened, said on Telegram.
UK police investigating suspicious vehicle in central London, carry out controlled explosions
- Road closures are in place in the vicinity of Regent Street and New Burlington Street in central London, police said on X
LONDON: British police carried out a number of controlled explosions as a precaution in central London as they investigated a suspicious vehicle on Wednesday, the city’s police force said on social media.
Road closures are in place in the vicinity of Regent Street and New Burlington Street in central London, police said on X.
Sri Lanka vows crackdown on illegal activities by Israeli tourists
- Government reacts to complaints over emergence of Israeli-run businesses and place of worship in Arugam Bay
- Last month, Sri Lankan civil groups demanded screenings of Israeli visitors to keep out potential war criminals
COLOMBO: Sri Lanka will crack down on reported illegal activities carried out by Israeli tourists, its prime minister said on Wednesday, following a series of complaints since last year regarding their arrivals in the country.
A total of 25,514 Israelis visited Sri Lanka in 2024, according to government data. One of their favorite destinations is Arugam Bay, a small town on the southeastern coast, which is widely recognized as one of the world’s best surfing spots.
The predominantly Muslim region made international headlines in October last year, when US and Israeli authorities warned visitors of what they said was a “terrorist threat” focused on tourist areas and beaches. The alleged threat followed a series of altercations between Israelis and local residents.
Social media posts by visitors to Arugam Bay and complaints by locals themselves indicate that many of the arriving Israelis come for vacations after taking part in the ongoing deadly onslaught on Palestinians in Gaza.
Residents have also complained over the emergence of Israeli businesses in the area and the establishment of a Chabad house — a Jewish community center and place of worship.
Prime Minister Harini Amarasuriya said during Wednesday’s parliament session that Sri Lankan authorities have not granted “any permission for Israeli citizens to build religious places of worship or related buildings” and “the government will take prompt action to stop it.”
Responding to questions raised by opposition lawmaker Mujibur Rahman, she also addressed reports regarding Israelis running businesses in the area.
“We have identified this as a problem. Action will be taken against this, and steps will be taken to hold talks regarding it and stop such business activities,” Amarasuriya said.
“The government has not issued any visa for Israelis to engage in business activities in Sri Lanka, especially under tourist visas. They are engaging in such activities by violating our laws.”
The government’s reaction follows last month’s protests in Sri Lanka’s capital and a petition by civil society groups demanding special screenings of Israelis arriving in the country.
The direct trigger for the protest was the identification of at least one Israeli tourist as a soldier accused of war crimes.
The man was spotted in Sri Lanka by the Hind Rajab Foundation, a nongovernmental organization based in Belgium, which pursues legal action against Israeli military personnel involved in the killing of tens of thousands of Palestinians in Gaza over the past 15 months.
Swasthika Arulingam, a human rights lawyer and leader of the People’s Struggle Movement, which helped organize the protest, slammed the former Israeli personnel.
She said those “coming here after/between service rounds, taking rest or time off from attacking Palestinians in the ongoing genocide,” and their “sympathizers who hold vigils and events for their genocidal comrades” were the most problematic groups of tourists arriving in the country and often spotted in Arugam Bay.
“We are also hearing stories of illegal tourist businesses being carried out by Israelis in Sri Lanka,” she told Arab News.
“The local economy is impacted by the factor these people are running operations in Sri Lanka making use of resources here and not paying their dues.”
The recent “terrorist threat” warning by the US has also affected the local community.
“Local residents and local tourism providers have told us that in the last couple of weeks, the advisories and threats have meant their own properties are subject to surveillance and checking from the military,” Arulingam said.
“As citizens of Sri Lanka, we are yet to know if there were actual security concerns or was this simply bullying tactics by the US to keep Sri Lanka in check. We are concerned regarding what’s transpiring in Arugam Bay.”
