Partial Government Shutdown Begins Amidst Global Turmoil
Washington D.C. - The U.S. federal government entered a partial shutdown just after midnight on Friday, as lawmakers failed to finalize a spending package before the deadline, according to Time. The shutdown, which lawmakers from both parties anticipate will be short-lived, comes as the Senate passed a bipartisan spending package aimed at funding most of the government through the end of the fiscal year and allowing two more weeks to negotiate new limits on the Administration's immigration enforcement tactics.
The House of Representatives, however, was out of session until Monday, making it impossible to send the bill to President Donald Trump before the deadline, Time reported. The pressure now shifts to the House, where lawmakers will decide whether to ratify the Senate plan or reopen a deeper fight over spending and immigration policies.
Meanwhile, the global stage is also experiencing turmoil. NPR News reported that hundreds of protesters in Milan are demanding that U.S. Immigration and Customs Enforcement (ICE) agents, who are assisting with security for the upcoming Winter Olympics, leave Italy. Concerns about ICE's past violent operations in the United States are fueling the protests. The Italian government is attempting to manage the growing controversy, while U.S. officials stated that ICE's role will be limited to monitoring criminal activity and not immigration enforcement.
In economic news, Fortune reported that President Trump welcomes the dollar's recent decline, citing benefits to U.S. business. However, former Dallas Fed President Robert Kaplan expressed concern that the massive U.S. debt requires a more stable currency, despite the overall health of the American economy. The dollar's drop, attributed to factors like Trump's tariffs and debt concerns, has sparked debate about the sustainability of U.S. financial dominance given the nation's growing debt.
Euronews reported that Ukraine is experiencing mass power outages due to a "technical malfunction" that caused electrical lines to fail between Ukraine, Moldova, and Romania. This led to emergency shutdowns in Kyiv and surrounding areas, impacting energy, heating, and water supply for residents amidst freezing temperatures. While the cause is not a cyberattack, this incident follows Russia's sustained campaign targeting Ukraine's critical infrastructure, which has already severely damaged the energy system. Restoration efforts are underway to stabilize the situation.
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