Leonardo makes the lowest offer for Iveco Group’s defense unit amid political pressure to keep the business in Italian hands https://t.co/70vmNEt5pk ...

Disaster Impact & Response - At least 173 people are missing and the death toll has risen to 120 in Texas due to devastating flash floods [1] - The number of flood-related deaths in the US reached 145 in 2024, significantly above the 25-year average of 85 deaths per year [3] - Texas, North Carolina, New Mexico, and Chicago experienced four recorded flood events within a week [5] - Elimination of FEMA could leave states like Texas and Florida without a crucial backstop during disasters [7][8] Budget Cuts & Potential Consequences - Federal budget cuts leading to a lack of weather balloons may have slightly degraded the ability to forecast the Texas floods in advance [2] - Proposed cuts to NOAA, including climate research funding, could make the US less safe in the future [4] - The administration's proposed cuts to departments could result in hundreds of billions of dollars in bills and drain economic activity [13] - Cuts to social safety nets are being considered to pay for tax cuts [14] Political & Economic Considerations - Disasters like the Texas floods are likely to spark conversations about the impact of budget cuts, particularly those involving science and research [5][6] - Lack of disaster preparedness due to budget cuts could lead to significant economic damage [9] - Recovery efforts after disasters, such as Hurricane Katrina, highlight the important role of FEMA and the potential economic impact of inadequate rebuilding [10] - Political pressure will likely mount on both sides regarding disaster relief, especially since the Texas flood occurred in a red state [11]

Melanie, a lot happening this hour. Does Speaker Johnson think he has the votes. And who's going to this White House meeting.Yeah. So, they don't have the votes in this current moment. I think the GOP leadership recognizes that.If passes prologue, though, eventually the thinking is that all of these members are going to fall in line, but not without a little arm twisting first. And so, that is why you're seeing a very intense all-out whip effort underway in this current moment. There are multiple uh groups ...

President Lai Ching-te is touring Taiwan urging the island’s 23 million residents to unite against growing pressure from China https://t.co/xAVr8zn1Rk ...