10 things you need to know today: January 18, 2018
Republicans scramble as divisions threaten their plan to avert a shutdown, the two Koreas agree to march under one flag in Olympics, and more
Chung Sung-Jun/Getty Images
1
Divisions threaten stopgap spending package as shutdown deadline nears
Biting divisions on Wednesday threatened to derail a GOP stopgap spending proposal aiming to avert a government shutdown. Republicans scrambled to muster enough votes to laissez passer it equally some conservatives threatened to sink information technology in the House, lament it doesn't include enough defence spending. Democrats are demanding that information technology include protections for young undocumented immigrants brought to the U.Southward. as children. Republicans need nine Democrats to pass it in the Senate. The continuing resolution would finance the government at current levels through Feb. 16, delay several ObamaCare-related taxes for a yr or two, and finance the Children's Health Insurance Program (Scrap) for half dozen years. The current curt-term spending package expires at midnight Friday.
two
Due north and South Korea to march under one flag in Olympics ceremony
North and South korea agreed on Wed to march together nether a unified flag at the opening ceremony of February's Winter Olympics in Pyeongchang, South Korea. The ii Koreas too will form a combined women's ice hockey team to play in the Games, according to a articulation statement released past Seoul's unification ministry. North korea will send a 550-member delegation, including 230 cheerleaders, artists, and athletes. The diplomatic gestures received mixed reviews in Washington. Sen. Lindsey Graham (R-S.C.) said Southward Korea was "undercutting" President Trump's efforts to stride upward international pressure on North korea to drop its nuclear weapons program.
3
Dow closes above 26,000 for starting time time
The Dow Jones Industrial Average jumped by 323 points or one.3 percent on Wednesday to close above 26,000, marking a celebrated starting time for the baddest alphabetize. The Dow pierced the 26,000-point threshold for the first time on Tuesday earlier giving dorsum its gains and endmost just below information technology. The other major equity indexes, the S&P 500 and the Nasdaq Composite, besides closed at tape highs. The Dow's gains were spurred by quarterly results from some of the biggest U.S. companies that exceeded Wall Street'due south expectations. "You've got a bullish start to the earnings season and earnings are expected to exist potent for 2018," said Adam Sarhan, CEO of 50 Park Investments. U.S. stock futures were flat early Thursday.
iv
U.Due north. agency pleads for support equally U.S. withholds half of Palestinian help
The Un Relief and Works Agency on Midweek made an urgent appeal for support for Palestinian refugees and their descendants. The message came a day after the State Section announced that the Trump administration was holding dorsum half of its annual $125 million aid package. "After decades of generous support, dramatic reduction of US funding to @UNRWA results in nearly critical financial situation in history of Agency," the agency'south commissioner full general, Pierre Krähenbühl, tweeted. "I phone call on fellow member states of the Un to take a stand & demonstrate to Palestine Refugees that their rights & time to come affair." The U.S. move came after President Trump this month tweeted that information technology fabricated no sense for the U.S. to send then much assistance if Palestinians were "no longer to talk peace."
5
Apple to take advantage of tax break to repatriate overseas cash
Apple on Midweek revealed plans to bring back well-nigh of the $252 billion in cash it has been holding overseas. The company is taking advantage of a erstwhile revenue enhancement break offered under the Republican tax overhaul signed into law last month by President Trump. Apple said it would pay $38 billion in taxes, and utilize some of the repatriated cash to create 20,000 jobs, build a new domestic campus, and make other investments. "I promised that my policies would permit companies like Apple to bring massive amounts of money dorsum to the United states," Trump tweeted. "Great to run across Apple follow through as a result of TAX CUTS."
6
Trump releases 'Faux News Awards'
President Trump released a list of winners in his long-promised "Fake News Awards" via Twitter on Midweek. Trump, who famously questioned former President Barack Obama's birthplace without evidence, provided a link to a website singling out several journalists for news reports, some of which resulted in corrections, as well as all "coverage of the Russian federation investigation." The "winners" included iv nods to CNN, ii to The New York Times, and one each to The Washington Mail, Time, and Newsweek. Outgoing Sen. Jeff Flake (R-Ariz.) criticized Trump from the Senate floor for once calling the "Fake News media" the "enemy of the American people." "It is a attestation to the status of our democracy that our president uses words infamously spoken by Joseph Stalin to describe his enemies," Flake said.
vii
Democrats' gains in special elections gear up off GOP alarms
Republicans won iii of four special elections in GOP strongholds this calendar week, merely the surprise loss in a special statehouse ballot in Wisconsin triggered alarm amid Republicans ahead of this year's mid-term elections. The Republicans in all of the races underperformed compared to President Trump's numbers in their districts terminal year, and Wisconsin Democrat Patty Schachtner won by xi percentage points, a 28-point swing compared to Trump'south 2016 functioning. On Thursday, President Trump heads to Pennsylvania to boost Republican state Rep. Rick Saccone, who is in a tight race against Democrat Conor Lamb ahead of a March 13 ballot to fill up a seat Republicans held easily for 16 years until former Rep. Tim Potato (R) was forced out afterwards a sex and abortion scandal.
8
Trump administration drops Haiti from visa plan for depression-skilled workers
The Trump assistants said Wednesday that information technology was removing Haitians from a list of more than fourscore countries whose citizens are eligible for U.S. visas given to low-skilled workers. The Department of Homeland Security appear the move days afterwards President Trump questioned in a White Firm meeting why the U.South. took in immigrants from Republic of haiti and African nations, reportedly calling them "shithole" countries. DHS said it was taking Haiti off the list because of "high levels of fraud and corruption," including people who overstayed their visas. Supporters said the conclusion would deny a valuable lifeline to a modest number of Haitians, although only about iv dozen received the visas annually in the last ii years. Belize and Samoa also were removed from the list.
9
U.Due south. prototype abroad drops afterward Trump'south offset year
Afterwards a twelvemonth of President Trump's "America First" foreign policy, the prototype of American leadership has dropped to a new low, co-ordinate to the Gallup World Poll study. America's median leadership approval rating across 134 countries in 2017 was thirty percentage, 4 points beneath the previous 2008 low and 18 points lower than the 48 pct approval in 2016 before sometime President Barack Obama left office. Disapproval of U.S. leadership also hitting a new high, 43 percent. Views of American leadership actually rose by more than ten percentage points in iv countries — Republic of liberia, Macedonia, Israel, and Belarus — but fell by more than 10 points in 65 nations. Frg is viewed favorably by 41 percent, China by 31 per centum, and Russia by 27 per centum.
10
South hit with deadly freeze
A wintertime blast with tape cold and snowfall that has been blamed for killing at to the lowest degree 10 people hammered much of the Due south on Wednesday. 4 people died in Louisiana, including a baby who died in a auto that plunged into a canal. Atlanta got more than an inch of snow and eight inches fell in parts of central and western Due north Carolina, forcing the cancellation of classes at the University of Due north Carolina at Chapel Hill. Temperatures fell to record lows in parts of Alabama, Georgia, Louisiana, and Mississippi. New Orleans got a low of 21 degrees, breaking the city's record of 23 degrees, set up in 1977.
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