International

Biden tries to heal Democrats’ divide on his spending plans

AFP

US President Joe Biden was to meet Wednesday with the warring wings of his Democratic Party in an effort to save his troubled economic plans.

The White House said Biden would hold three meetings with two dozen members of Congress as he dives in to try and settle an internal party squabble threatening to sink his ambitious social spending and infrastructure agenda.

One meeting will feature the two most powerful Democrats, House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer. Both are close Biden allies but are struggling to get their ranks in line behind the economic plans.

Biden was then scheduled to meet with a group of moderate Democrats, including senators Joe Manchin and Kyrsten Sinema, who have got cold feet about the huge price tag.

20260224_estafa_mh_728x90

Pointedly, the president was then to meet separately with Congress members on the left of the party, such as Senator Bernie Sanders. There was apparently no plan to bring the two sides around the same table.

Biden and the leftist legislators back quick passage of a $3.5 trillion package addressing climate change, child care and education. The vast proposals would fundamentally improve the lives of ordinary Americans left behind in an increasingly unequal economy, Biden says.

However, Manchin is among those calling the price too high, instead backing something far less than half the total.

Republicans are in no mood to help on the social spending plan, although they could vote for a separate smaller bill funding transport and other traditional infrastructure.

With the Democrats having only a razor-thin majority in Congress, the disunity threatens to bring down the entire agenda, sucking the energy out of Biden’s presidency.

20260224_estafa_mh_728x90

The clock is also running out as Congress simultaneously squabbles on a vote to increase the government’s borrowing limit, an impasse that could trigger a US debt default and deliver a bad shock to markets.

International

IEA warns Middle East conflict could spark worst energy crisis in decades

The ongoing conflict in the Middle East could trigger the worst energy crisis in decades, warned Fatih Birol, head of the International Energy Agency (IEA), who described the situation as “very serious.”

Speaking at the National Press Club in Canberra, Birol compared the current scenario to the oil crises of the 1970s, noting that during those events the world lost around five million barrels of oil per day in each crisis.

“Today, we have lost 11 million barrels per day—more than the two major oil shocks combined,” he said.

The Turkish economist referred to the conflict that began on February 28, following attacks by the United States and Israel against Iran, which have significantly disrupted global energy markets and driven oil prices higher.

Birol warned that the global economy is facing a “very, very serious threat” and expressed hope that the crisis will be resolved soon.

20260224_estafa_mh_728x90

“No country will be immune to the effects of this crisis if it continues in this direction. Global efforts are urgently needed,” he emphasized.

International

Colombian Air Force Hercules plane crashes during takeoff with troops onboard

A Lockheed C-130 Hercules operated by the Colombian Air Force was involved in a “tragic accident” while taking off from Puerto Leguízamo, in the Putumayo department of southern Colombia, as it was transporting troops, Defense Minister Pedro Sánchez reported on Monday.

The minister stated on social media that the exact number of victims and the causes of the crash have not yet been determined. He also extended his condolences to the families affected and urged the public to avoid speculation until official information is confirmed.

“This is a deeply painful event for the country. Our prayers are with the victims and their families,” Sánchez said, adding that emergency protocols have been activated and an investigation is underway.

Meanwhile, President Gustavo Petro expressed hope that there would be no fatalities in what he described as a “horrific accident that should not have happened.”

Petro also highlighted ongoing efforts to modernize the country’s air fleet and reiterated the need to acquire new helicopters and transport aircraft to strengthen military mobility, particularly in remote regions.

20260224_estafa_mh_728x90

According to local media reports, approximately 110 soldiers were on board the aircraft. So far, at least 20 injured military personnel have been rescued.

International

Paris prosecutors alert U.S. over alleged deepfake strategy linked to Elon Musk

The Paris Prosecutor’s Office said on Saturday that it had alerted authorities in the United States over suspicions that tech entrepreneur Elon Musk may have encouraged the spread of sexualized deepfake content on the social platform X to artificially boost the company’s valuation.

According to prosecutors, the controversy surrounding explicit AI-generated videos—reportedly linked to Grok, the platform’s artificial intelligence system—may have been deliberately triggered to increase the market value of X and X AI.

The office added that the alleged strategy could be tied to the planned June 2026 public listing of a new entity formed through the merger of SpaceX and X AI.

French authorities said they contacted the U.S. Department of Justice as well as legal representatives at the U.S. Securities and Exchange Commission (SEC) earlier this week to share their concerns.

Responding on X in French to a report about the case, Musk referred to French prosecutors using an offensive term.

20260224_estafa_mh_728x90

When contacted, X’s legal representative in France did not immediately comment.

Grok, the platform’s AI system, has its own account on X, allowing users to interact with it or request content generation. For a period, users were able to tag the bot in posts to generate or edit images, a feature that may have facilitated the spread of such material.