RALEIGH, N.C.: Vice President Kamala Harris announced a sweeping set of economic proposals on Friday meant to cut taxes and lower the cost of groceries, housing and other essentials for many Americans.
“Look, the bills add up,” she declared, trying to address the financial concerns that are at the top of voters’ minds and that Republican Donald Trump is attempting to blame on her.
During a speech in the battleground state of North Carolina, Harris said that “building up the middle class will be a defining goal of my presidency” as she promoted her plan for a federal ban on price gouging by food producers and grocers. She also proposed $25,000 in down payment assistance for certain first-time homebuyers and tax incentives for builders of starter homes.
“Every day across our nation, families talk about their plans for the future, their ambitions, their aspirations for themselves, for their children. And they talk about how they’re going to be able to actually achieve them financially, because, look, the bills add up,” Harris said. “Food, rent, gas, back to school clothes, prescription medications. After all that, for many families, there’s not much left at the end of the month.”
She stressed tax breaks for families, as well as middle- and lower-income people, promising to expand the child tax credit to up to $3,600 — and $6,000 for children in their first year of life. The vice president also wants to enlarge the earned income tax credit to cover people in lower-income jobs without children — which the campaign estimates would cut their effective tax rate by $1,500 — and lower health insurance premiums through the Affordable Care Act.
Overall, the plans represent a continuation of many Biden administration priorities.
Harris isn’t looking for any radical departures from President Joe Biden, who stepped down from the race last month and endorsed her. Still, the vice president has embraced a dash of economic populism, shifting away from Biden’s emphasis on job creation and infrastructure to matters more closely tied to easing the cost of living -– food prices, housing costs and tax breaks for families.
Much of what she’s proposing would require congressional approval, which is far from assured in the current political environment, though, and Harris’ campaign has offered scant details on how to pay for the ideas.
The vice president is seeking to blunt Trump’s attacks on her. He responded to her speech by posting on his social media account, “Kamala will implement SOVIET style price controls.” He gave his own speech Thursday, during which he displayed popular grocery store items meant to represent the high cost of food.
Some of Trump’s economic advisers offered further rebuttals to Harris’ plans before she spoke on Friday, with Brian Hughes, a spokesman for the former president’s campaign, calling them representative of a “socialist and authoritarian model.”
Kevin Hassett, a former chairman of the Council of Economic Advisers during the Trump administration, called it “completely preposterous” for the government to play a role in setting food prices, a reference to Harris’ proposed federal ban on “corporate price-gouging” on food.
In her speech, Harris offered stark contrasts with Trump’s economic proposals, including his call for steep tariffs on foreign goods. She said that her opponent “wants to impose what is, in effect, a national sales tax on everyday products and basic necessities that we import from other countries.”
“It will mean higher prices on just about every one of your daily needs,” Harris said. “A Trump tax on gas, a Trump tax on food, a Trump tax on clothing, a Trump tax on over-the-counter medication.”
She added, “At this moment, when everyday prices are too high, he will make them even higher.”
Year-over-year inflation has reached its lowest level in more than three years, but food prices are still 21 percent above where they were three years ago. A Labor Department report this week showed that nearly all of July’s inflation reflected higher rental prices and other housing costs, a trend that, according to real-time data, is easing. As a result, housing costs should rise more slowly in the coming months, contributing to lower inflation.
Harris’ grocery pricing proposal would instruct the Federal Trade Commission to penalize “big corporations” that engage in price spikes and it singles out a lack of competition in the meat-packing industry for driving up meat prices.
Monica Wallace, a county clerk who attended Harris’ speech, called the vice president’s economic plans “what we need.”
“I have a mother who is receiving services, and just in food stamps alone, she’s still not able to afford food that will last her,” Wallace said.
Comparing Harris to Trump, Wallace said she sees the vice president as someone “definitely for the middle and lower class,” whereas the former president is “for the people who make the money to do any and everything that they want.”
Polls nonetheless show that Americans are more likely to trust Trump over Harris when it comes to handling the economy: Some 45 percent say Trump is better positioned to handle the economy, while 38 percent say that about Harris. About 1 in 10 trust neither Harris nor Trump to better handle the economy, according to the latest Associated Press-NORC Center for Public Affairs Research poll.
Riding a resurgence of enthusiasm since the Democrats’ campaign reboot, Harris has embarked on a battleground state blitz in recent weeks that has broadened the number of races viewed as competitive by strategists. In North Carolina, Democrats are navigating renewed energy with caution in an economically dynamic state that hasn’t been won by a Democratic presidential candidate since Barack Obama in 2008.
Gov. Roy Cooper told Friday’s crowd, “I have that 2008 feeling.”
“That’s the last time we voted for a Democratic nominee for president, Barack Obama,” Cooper said.
North Carolina State University political science professor Steven Greene said that the state “went from a situation where Joe Biden was almost surely going down in defeat here, whereas Kamala Harris has a very real chance of winning,”
Deborah Holder, a 68-year-old Raleigh resident who runs six McDonalds restaurants, said of the vice president, “Her culture is something that is going to be a huge strength for her, because she’ll be able to look at the rest of us not just as her constituents, but as people that she has dealt with in all walks of life,”
Harris is trying to strike a balance in defining her own image and economic agenda while still giving credit for the Biden administration’s track record. Her speech in North Carolina came a day after the president was asked if Harris might distance herself from his economic record and responded, “She’s not going to.”
In their first joint speaking event since Biden dropped out, he and Harris were in Maryland on Thursday where they showcased successful negotiations to lower prices for Medicare recipients on 10 prescription drugs.
But Harris spent far more time talking about Trump than Biden in North Carolina, promising “to build an America where everyone’s work is rewarded and talents are valued, where we work with labor and business to strengthen the American economy.”
“And where everyone has the opportunity,” she said “not just to get by, but to get ahead.”
Harris offers proposals to cut food and housing costs, trying to blunt Trump’s economic attacks
https://arab.news/57v6y
Harris offers proposals to cut food and housing costs, trying to blunt Trump’s economic attacks
Ho Chi Minh City celebrates first metro
HO CHI MINH CITY: Thousands of selfie-taking Ho Chi Minh City residents crammed into train carriages Sunday as the traffic-clogged business hub celebrated the opening of its first-ever metro line after years of delays.
Huge queues spilled out of every station along the $1.7 billion line that runs almost 20 kilometers from the city center — with women in traditional “ao dai” dress, soldiers in uniform and couples clutching young children waiting excitedly to board.
“I know it (the project) is late, but I still feel so very honored and proud to be among the first on this metro,” said office worker Nguyen Nhu Huyen after snatching a selfie in her jam-packed train car.
“Our city is now on par with the other big cities of the world,” she said.
It took 17 years for Vietnam’s commercial capital to reach this point. The project, funded largely by Japanese government loans, was first approved in 2007 and slated to cost just $668 million.
When construction began in 2012, authorities promised the line would be up and running in just five years.
But as delays mounted, cars and motorbikes multiplied in the city of nine million people, making the metropolis hugely congested, increasingly polluted and time-consuming to navigate.
The metro “meets the growing travel needs of residents and contributes to reducing traffic congestion and environmental pollution,” the city’s deputy mayor Bui Xuan Cuong said.
Cuong admitted authorities had to overcome “countless hurdles” to get the project over the line.
Suspect in German Christmas market attack held on murder charges
- Suspect strongly critical of German authorities as well as Islam in the past
- Saudi Arabia repeatedly flagged to Germany concerns over posts on suspect’s social media, according to sources
MAGDEBURG: A man suspected of plowing a car through crowds at a German Christmas market in an attack that killed five people and injured scores faces multiple charges of murder and attempted murder, police said on Sunday.
Friday evening’s attack in the central city of Magdeburg shocked the country and stirred up tensions over the charged issue of immigration.
The suspect, who was in custody, is a 50-year-old psychiatrist from Saudi Arabia with a history of anti-Islamic rhetoric who has lived in Germany for almost two decades. The motive for the attack remained unclear.
There were scuffles and some “minor disturbances” at a far-right demonstration attended by around 2,100 people on Saturday night in Magdeburg, police said. They added that criminal proceedings would follow, but did not give details.
Protesters, some wearing black balaclavas, held up a large banner with the word “remigration,” a term popular with supporters of the far right who seek the mass deportation of immigrants and people deemed not ethnically German.
Other residents gathered to pay their respects to the dead.
A sea of flowers stretched out in front of St. John’s Church in Magdeburg, close to the scene of the crime, which attracted a steady stream of tearful mourners over the weekend.
“This is my second time here. I was here yesterday. I brought flowers and it moved me so much and I had to know today how many flowers were brought,” local resident Ingolf Klinzmann told Reuters.
A sign commemorating the victims bore in large lettering the word “Why?.”
A magistrate ordered the suspect, identified in German media as Taleb A., into pretrial custody on charges of murder on five counts as well as multiple counts of attempted murder and grievous bodily harm, police said in a statement.
Reuters could not immediately ascertain if the suspect had a lawyer.
Those killed were a nine-year-old boy and four women aged 52, 45, 75 and 67, the police statement said. Among the wounded, around 40 had serious or critical injuries.
Authorities said the suspected attacker used emergency exit points to drive onto the grounds of the Christmas market, where he picked up speed and plowed into the crowds, hitting more than 200 people in a three-minute attack. He was arrested at the scene.
German authorities have not named the suspect and German media reports have given his name only as Taleb A. in keeping with local privacy laws.
MOTIVE UNCLEAR
Interior Minister Nancy Faeser said in a statement on Sunday that the criminal investigation would leave no stone unturned.
“The task is to piece together all findings and paint a picture of this perpetrator, who does not fit any existing mold,” Faeser said.
“This perpetrator acted in an unbelievably cruel and brutal manner — like an Islamist terrorist, although he was clearly ideologically hostile to Islam,” she added.
The suspect had been strongly critical of German authorities as well as Islam in the past.
He had voiced support on social media platform X for the far-right Alternative for Germany (AfD) party and for US billionaire Elon Musk, who has backed the AfD.
The AfD has strong support in the former East Germany where Magdeburg is located. Opinion polls put it in second place nationally ahead of elections in February.
Its members, including the candidate for chancellor Alice Weidel, planned a rally in Magdeburg on Monday evening.
Saudi Arabia had repeatedly flagged to Germany concerns over posts on the suspect’s social media, according to a Saudi source and a German security source.
The Christian Democrats, Germany’s main opposition party, and the Free Democrats, who were part of the coalition government until its collapse last month, called for improvements to Germany’s security apparatus, including better coordination between federal and state authorities.
“The background must be clarified. But above all, we must do more to prevent such offenses, especially as there were obviously specific warnings and tips in this case that were ignored,” Sahra Wagenknecht, leader of the leftist BSW party, told the Welt newspaper.
The BSW, a new political party with far-left roots, has also condemned unchecked immigration and has gained considerable support ahead of the Feb. 23 election.
Chancellor Olaf Scholz, whose Social Democrats are trailing in opinion polls, attended a service for victims in Magdeburg’s cathedral on Saturday.
Minorities fear targeted attacks in post-revolution Bangladesh
- In the chaotic days following Hasina’s August 5 ouster there was a string of attacks on Hindus
- Muslim Sufi worshippers as well as members of the Baul mystic sect have also been threatened
DHAKA: For generations, the small Hindu temple outside the capital in Muslim-majority Bangladesh was a quiet place to pray — before arsonists ripped open its roof this month in the latest post-revolution unrest.
It is only one of a string of attacks targeting religious minorities since a student-led uprising toppled long-time autocratic leader Sheikh Hasina in August.
“We don’t feel safe,” said Hindu devotee Swapna Ghosh in the village of Dhour, where attackers broke into the 50-year-old family temple to the goddess Lakshmi and set fire to its treasured idols on December 7.
“My son saw the flames and doused them quickly,” said temple custodian Ratan Kumar Ghosh, 55, describing how assailants knew to avoid security cameras, so they tore its tin roof open to enter.
“Otherwise, the temple — and us — would have been reduced to ashes.”
Hindus make up about eight percent of the mainly Muslim nation of 170 million people.
In the chaotic days following Hasina’s August 5 ouster there was a string of attacks on Hindus — seen by some as having backed her rule — as well as attacks on Muslim Sufi shrines by religious hard-liners.
“Neither I, my forefathers or the villagers, regardless of their faith, have ever witnessed such communal attacks,” temple guardian Ghosh told AFP.
“These incidents break harmony and trust.”
Hasina, 77, fled by helicopter to India, where she is hosted by old allies in New Delhi’s Hindu-nationalist government, infuriating Bangladeshis determined that she face trial for alleged “mass murder.”
Attacks against Hindu temples are not new in Bangladesh, and rights activist Abu Ahmed Faijul Kabir said the violence cannot be regarded out of context.
Under Hasina, Hindus had sought protection from the authorities. That meant her opponents viewed them as partisan loyalists.
“If you analyze the past decade, there has not been a single year without attacks on minorities,” Kabir said, from the Dhaka-based rights group Ain o Salish Kendra.
This year, from January to November, the organization recorded 118 incidents of communal violence targeting Hindus.
August saw a peak of 63 incidents, including two deaths. In November, there were seven incidents.
While that is significantly more than last year — when the group recorded 22 attacks on minorities and 43 incidents of vandalism — previous years were more violent.
In 2014, one person was killed, two women were raped, 255 injured, and 247 temples attacked. In 2016, seven people were killed.
“The situation has not worsened, but there’s been no progress either,” said businessman and Hindu devotee Chandan Saha, 59.
Political rulers had repeatedly “used minorities as pawns,” Saha added.
The caretaker government has urged calm and promised increased security, and accused Indian media of spreading disinformation about the status of Hindus in Bangladesh.
Dhaka’s interim government this month expressed shock at a call by a leading Indian politician — chief minister of India’s West Bengal state Mamata Banerjee — to deploy UN peacekeepers.
Hefazat-e-Islam, an association of Islamic seminaries, has led public protests against India, accusing New Delhi of a campaign aimed at “propagating hate” against Bangladesh. India rejects the charges.
Religious relations have been turbulent, including widespread unrest in November in clashes between Hindu protesters and security forces.
That was triggered by the killing of a lawyer during protests because bail was denied for an outspoken Hindu monk accused of allegedly disrespecting the Bangladeshi flag during a rally.
Bangladeshi hard-line groups have been emboldened to take to the streets after years of suppression.
Muslim Sufi worshippers as well as members of the Baul mystic sect — branded heretics by some hard-liners — have also been threatened.
“There’s been a wave of vandalism,” said Syed Tarik, a devotee documenting such incidents.
Muhammad Yunus, the 84-year-old Nobel Peace Prize winner appointed the country’s “chief adviser,” has called for dialogue between groups.
Critics say it is not enough.
“To establish a peaceful country where all faiths coexist in harmony, the head of state must engage regularly with faith leaders to foster understanding,” said Sukomal Barua, professor of religion at Dhaka University.
Sumon Roy, founder of Bangladesh’s association of Hindu lawyers, said members of the minority were treated as a bloc by political parties.
“They have all used us as tools,” Roy said, explaining that Hindus had been previously threatened both by Hasina’s Awami League and its rival Bangladesh National Party.
“If we didn’t support AL we faced threats, and the BNP blamed us for siding with the AL,” he said. “This cycle needs to end.”
India, Kuwait upgrade ties to strategic partnership on Modi visit
- Modi awarded Order of Mubarak Al-Kabeer for strengthening Kuwait-India relations
- India, Kuwait leaders discussed cooperation in pharmaceuticals, IT, security
NEW DELHI: India and Kuwait upgraded bilateral ties to a strategic partnership on Sunday as their leaders eye stronger cooperation in “key sectors” ranging from pharmaceuticals to security.
Indian Prime Minister Narendra Modi signed a strategic partnership agreement with Emir of Kuwait Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah during his trip to the Gulf state, the first visit by an Indian leader in 43 years.
“We have elevated our partnership to a strategic one and I am optimistic that our friendship will flourish even more in the times to come,” Modi said in a statement.
“We discussed cooperation in key sectors like pharmaceuticals, IT, fintech, infrastructure and security.”
During the trip, the Kuwaiti emir presented Modi with the Order of Mubarak Al-Kabeer for his efforts in strengthening Kuwait-India relations.
The order is the highest civilian honor in Kuwait and is bestowed upon leaders and heads of state.
The emir said India was a “valued partner” in the country and the Gulf region and that he “looked forward” to India playing a greater role in the realization of Kuwait Vision 2035, according to a statement issued by the Indian Ministry of External Affairs.
The newly upgraded ties will open up “further cooperation in sectors such as defense … with the Kuwaiti armed forces,” especially the navy, said Kabir Taneja, a deputy director and fellow with the strategic studies program at the Observer Research Foundation in New Delhi.
Their closer cooperation in major sectors will also “further India’s economy-first agenda,” he added.
“Pharmaceuticals, for example, is a point of strength of Indian manufacturing and can contribute to further building the sector in states such as Kuwait,” Taneja told Arab News.
India’s pharmaceutical exports have been growing in recent years, and the country was the third-largest drugmaker by volume in 2023.
Delhi is also among Kuwait’s top trade partners, with bilateral trade valued at around $10.4 billion in 2023-24.
Taneja said India-Kuwait ties are also likely to strengthen through the Indian diaspora, the largest expatriate community in the Gulf state.
Over 1 million Indian nationals live and work in Kuwait, making up about 21 percent of its 4.3 million population and 30 percent of its workforce.
“(The) Indian diaspora has been part of the Kuwaiti story for a long time,” Taneja said, adding that strengthening ties between the two countries will allow India, through its diaspora, to unlock “deeper economic cooperation potential.”
Putin vows more ‘destruction’ on Ukraine after drone attack on Russia’s Kazan
- ‘Whoever, and however much they try to destroy, they will face many times more destruction themselves and will regret what they are trying to do in our country’
MOSCOW: Russian President Vladimir Putin on Sunday vowed to bring more “destruction” to Ukraine in retaliation for a drone attack on a high-rise apartment block in the central Russian city of Kazan a day earlier.
“Whoever, and however much they try to destroy, they will face many times more destruction themselves and will regret what they are trying to do in our country,” Putin said in comments on the attack on Kazan — which left no casualties — during a televised government meeting.
