World News

Biden national security adviser meets with Chinese foreign minister on September 17, 2023 at 3:09 pm

Published

1 year ago

September 17, 2023

White House national security adviser Jake Sullivan will meet this weekend with China’s foreign minister as the Biden administration seeks to smooth tensions with Beijing.

Sullivan met in Malta on Saturday and Sunday with Wang Yi, who is the Chinese foreign minister and director of the office of the Foreign Affairs Commission, the White House said in a readout of the meeting.

“This meeting was part of ongoing efforts to maintain open lines of communication and responsibly manage the relationship,” the White House said.

“The two sides had candid, substantive, and constructive discussions, building on the engagements between President Biden and President Xi in Bali, Indonesia in November 2022.”

The two discussed global and regional security issues, Russia’s invasion of Ukraine and issues related to the Taiwan Strait, according to the readout.

“The two sides committed to maintain this strategic channel of communication and to pursue additional high-level engagement and consultations in key areas between the United States and the People’s Republic of China in the coming months,” the White House said.

The meeting comes days before world leaders convene in New York for the United Nations General Assembly.

Sullivan and Yi last met in May in Vienna. Their discussions in Malta this weekend are the latest example of top Biden administration officials engaging with China, even as President Biden and Chinese President Xi Jinping have not spoken in nearly a year.

Commerce Secretary Gina Raimondo, Secretary of State Antony Blinken and Treasury Secretary Janet Yellen have traveled to China this year to meet with government officials and business leaders.

Tensions between Washington and Beijing spiked this year after the U.S. military shot down a Chinese surveillance balloon that had floated over the United States for several days. Biden later described Xi as a dictator, though he downplayed that the comment had any impact on relations with China.

The Biden administration has prioritized strengthening relationships and alliances in the Indo-Pacific in an effort to counter Chinese influence in the region and ensure that other countries are not reliant on Beijing for financial support. The latter point was a major focus for Biden last week when he traveled to India for the Group of 20 (G-20) Summit.

White House national security adviser Jake Sullivan will meet this weekend with China’s foreign minister as the Biden administration seeks to smooth tensions with Beijing. Sullivan met in Malta on Saturday and Sunday with Wang Yi, who is the Chinese foreign minister and director of the office of the Foreign Affairs Commission, the White House…

Politics

Donald Trump Named TIME’s 2024 Person of the Year

Published

1 week ago

December 15, 2024

Bolanle Media Staff

Donald Trump has been selected as TIME magazine’s Person of the Year for 2024, marking his second time receiving this distinction. The former president, who won a historic comeback victory in the 2024 election, was chosen for his significant impact on global affairs and American politics.

TIME editor-in-chief Sam Jacobs explained the decision, citing Trump’s “comeback of historic proportions,” his role in driving “a once-in-a-generation political realignment,” and his reshaping of both the American presidency and the country’s global role. This recognition comes after Trump’s unprecedented achievement of reclaiming the White House after losing reelection four years earlier.

The selection process involved an extensive interview with Trump at Mar-a-Lago in November, covering a wide range of topics including the economy, foreign policy, and his plans for a second term. Notably, TIME took the unprecedented step of publishing a comprehensive fact-check alongside the interview transcript, examining 15 distinct assertions made by Trump.

Trump’s relationship with TIME has been tumultuous over the years. While he expressed honor at receiving the title in 2016, he has also criticized the magazine’s selections and even claimed he refused a potential Person of the Year offer in 2017. Despite this, Trump participated in the process this year, granting TIME access for an in-depth interview.

To commemorate the announcement, Trump rang the opening bell at the New York Stock Exchange (NYSE). This event marked a significant moment in Trump’s career, as it was his first time participating in this Wall Street tradition.

Trump’s selection as Person of the Year reflects his continued influence on American politics and his ability to reshape the political landscape. As the country prepares for his return to the White House, all eyes will be on how Trump’s second term might further impact both domestic and international affairs.

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Film Industry

Jay-Z Denies Allegations Amid Lawsuit

Published

2 weeks ago

December 9, 2024

Bolanle Media Staff

Jay-Z, the renowned rapper and music mogul, faces serious allegations in a recently amended civil lawsuit. According to ABC News and NBC News, the suit accuses him and Sean “Diddy” Combs of raping a 13-year-old girl at an MTV Video Music Awards after-party in 2000.

The lawsuit, initially filed in October 2024, was updated on Sunday to include Jay-Z as a defendant alongside Combs. The plaintiff, identified only as “Jane Doe,” claims she was assaulted after being driven to the party following the awards show.

Jay-Z, whose real name is Shawn Carter, vehemently denies the allegations. He released a statement on X calling the lawsuit a “blackmail attempt” and questioning why it was filed as a civil case rather than a criminal one. The rapper expressed concern about the impact on his family, stating he and his wife Beyoncé would need to discuss the situation with their children.

Combs, who is currently in federal custody on separate charges, has also denied the accusations through his attorneys. The lawsuit alleges that an unidentified female celebrity was present during the incident but did not intervene.

The case has garnered significant media attention, with both artists’ reputations at stake. As the legal process unfolds, the music industry and public await further developments in this high-profile case.

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Business

David Sacks: The New White House AI and Crypto Czar

Published

2 weeks ago

December 6, 2024

Bolanle Media Staff

According to CNBC and NBC News, David Sacks, a prominent venture capitalist and former PayPal executive, has been appointed as the White House AI and Crypto Czar by President-elect Donald Trump. This newly created position underscores the incoming administration’s focus on artificial intelligence and cryptocurrency as critical areas for American competitiveness.

Role and Responsibilities

Sacks will be tasked with several key responsibilities in his new role:

Guiding policy for the administration in AI and cryptocurrency
Establishing a legal and regulatory framework for the cryptocurrency industry
Safeguarding free speech online, and steering away from Big Tech bias and censorship
Leading the Presidential Council of Advisors for Science and Technology

Trump emphasized that Sacks will focus on making America the clear global leader in both AI and cryptocurrency.

Background and Qualifications

David Sacks brings a wealth of experience to his new position:

Former Chief Operating Officer of PayPal
Founder of Yammer, which was sold to Microsoft for $1.2 billion in 2012
Co-founder of Craft Ventures, a venture capital firm
Investor in major tech companies including SpaceX, Palantir, Uber, and Airbnb

Sacks is also known for his close associations with tech entrepreneurs like Elon Musk and Peter Thiel, being part of the “PayPal Mafia“.

Political Involvement

Sacks has been a vocal supporter of Trump during his campaign:

Hosted a fundraiser for Trump at his San Francisco estate, with tickets priced at $50,000 each and a more exclusive $300,000 tier
Delivered a speech at the Republican National Convention in Milwaukee in July 2024
Wrote a detailed essay on X explaining his reasons for supporting Trump

Implications for AI and Crypto Industries

The appointment of Sacks signals a potential shift towards more crypto-friendly policies and regulatory clarity for the digital asset industry. This move, along with Trump’s nomination of crypto advocate Paul Atkins to head the Securities and Exchange Commission, marks a departure from the stricter oversight approach seen under the previous administration.

As the White House AI and Crypto Czar, Sacks is expected to play a crucial role in shaping the future of these rapidly evolving technologies in the United States, potentially influencing their development and adoption on a global scale.