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AOC Spent Inauguration Day with Striking Produce Workers in New York City. Here’s What to Know.

Electric vehicle major Tesla gets an India address

As per an RoC filing, Vaibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein have been named as directors of Tesla’s India subsidiary.

Electric vehicle company Tesla has officially entered India by registering with the Registrar of Companies as Tesla India Motors and Energy Private Ltd., incorporated in Bengaluru, on January 8.

As per an RoC filing, Vaibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein have been named as directors of Tesla’s India subsidiary.

Karnataka Deputy Chief Minister C.N. Ashwath Narayan had earlier said that his government invited the EV firm to set up an R&D centre in the city. Tesla CEO Elon Musk had also said his company would enter India in 2021. Testa has been exploring its India entry with a bunch of states in the last 3 years.

Universal Credit payment uplift to be remain as MPs vote for extension – full details

Universal Credit: MPs vote in support of payment increase

Universal Credit payment changes were voted on today as Labour pressured Rishi Suank and the wider Government to keep the £20 uplift in place. The results of this vote were released today following a lengthy debate.

The motion to keep the uplift in place was approved by 278 voted to zero in the commons.

This result emerged as the Prime Minister ordered Conservatives not to take part in the vote.

Under original plans, the £20 uplift was to end by April.

This extension is predicted to impact millions of people who have applied for Universal Credit since the pandemic originally began.

more to follow…

Sen. Josh Hawley Has New Publisher for ‘Big Tech’ Book

New York (AP) — Sen. Josh Hawley has found a new publisher after his book was dropped by Simon & Schuster in the wake of the siege of the U.S. Capitol by supporters of President Donald Trump.

The conversative publisher Regnery announced Monday that Hawley’s “The Tyranny of Big Tech” will come out this spring.

“Regnery is proud to stand in the breach with him. And the warning in his book about censorship obviously couldn’t be more urgent,” Regnery President and Publisher Thomas Spence said in a statement.

Hawley, a Republican from Missouri, has been widely condemned for his encouragement of the Jan. 6 protest that ended with a violent mob rampaging through the Capitol. Thousands had gathered that day as Congress voted to formally certify Joe Biden’s win over Trump. Hawley and Sen. Ted Cruz of Texas, also a Regnery author, led objections in the Senate to Biden’s victory, citing baseless claims the election was stolen.

Fed’s Barkin Sees Strong Second Half After ‘Bumpy’ Few Months

Federal Reserve Bank of Richmond President Thomas Barkin says the U.S. could face a bumpy first six months but will be well supported by the rollout of Covid-19 vaccines and fiscal stimulus later in the year.

“I do think you’re looking at a second half that is going to be very strong and the question I think is how do we get through where we are today to that second half,” Barkin, who votes on monetary policy this year, told CNBC in an interview Monday. “While it might be bumpy, I think there are backstops here, and in particular, fiscal would be a backstop, I think elevated savings are a backstop,” he said.

The Fed last month signaled interest rates would stay near zero at least through 2023 and said it would keep buying bonds at a $120 billion monthly pace until it has seen “substantial further progress” toward its goals for employment and inflation.

A couple of Fed officials have said that could happen this year if the economy recovered with sufficient speed but Barkin declined to be pinned down.

“We’ve given outcome guidance not date guidance so I couldn’t tell you the day. I do think this notion of ‘substantial further progress’ is the right way to think about it,” he said. “So there are scenarios certainly where we see strong recovery in unemployment and inflation but there are lots of scenarios where we don’t.”

Irish Virus Intensive Care Patients Hit Record Amid Surge

The number of Irish coronavirus patients in intensive care reached a record Tuesday, as the hospital system nears capacity amid one of the worst outbreaks in the globe.

Some 158 confirmed Covid-19 cases are intensive care, according to the health ministry, beating a record set in April. Overall, 1,620 patients are in hospital, almost double last year’s high. The nation is in the teeth of a new wave of the pandemic, and now has the worst instance of the virus per million people globally, according to data compiled by Bloomberg.

Hospitalizations have tripled since the start of the year, while intensive care beds are about 89% full even as the health system ramps up so-called surge capacity to bring more beds online. ICU is full in as many as 13 hospitals in the country, which has among the fewest critical care beds per capita in Europe.

The government relaxed restrictions last month, a tactic that may have contributed to one of the world’s highest contagion rates amid increasing evidence of the U.K. variant in Ireland in recent days.While there are signs that government restrictions to contain the virus are starting to have an impact, the situation in hospitals will continue to deteriorate, Irish Deputy Prime Minister Leo Varadkar told RTE Radio Tuesday.

“It will be a long time before hospitals recover and the situation there has yet to peak,” he added.

AOC Spent Inauguration Day with Striking Produce Workers in New York City. Here’s What to Know.

For the first time in 35 years, workers at New York City’s Hunts Point Market are on strike.

About 1,400 produce workers part of the Teamsters Local 202 union unanimously voted to strike on Sunday, January 17, after contract negotiations broke down when management countered appeals for a $1 hourly raise with an offer of a $0.32 hourly raise. These workers–who have continued working throughout the devastating COVID-19 pandemic–are responsible for supplying 60 percent of the produce in New York City.

On Wednesday, Congresswoman Alexandria Ocasio-Cortez helped draw some spotlight on the movement by skipping the estimated $200 million inaugural festivities to join union members on the picket line calling for the $1 wage increase.

“The more we talk about this, the more everybody can put on the pressure,” the congresswoman said in a video captured by The City reporter Claudia Irizarry Aponte. “So that we not just get a buck, but that we change lives for people across this country.”