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Your First Look at Today's Top Stories - Daybreak Insider
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Don't miss The Daybreak Daily — scroll to the bottom of these top news stories
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Russia to Discontinue Use of International Space Station After 2024
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Townhall: Russia has announced it will no longer take part in the International Space Station after 2024, instead focusing on creating its own orbital station… The decision to leave, which has been floated since 2021, appears to have been triggered by increasing strains in the relationship between Washington and Moscow over the war in Ukraine and U.S. sanctions, including on their space industry. The International Space Station has been in continuous orbit since November 2000 and is a multi-nation program operated by five space agencies from 15 countries, according to NASA, which plans to use the ISS until 2030 ( Townhall). Samuel Bendett: Space cooperation was one of the most significant and enduring partnerships the West built with Russia over many decades. On a related note – there is an entire Chinese space station in orbit already ( Twitter). CNN: Roscosmos chief Yury Borisov told Russian President Vladimir Putin that “the decision to leave this station after 2024 has been made.” “You know that we are working within the framework of international cooperation at the International Space Station. Undoubtedly, we will fulfil all our obligations to our partners, but the decision to leave the station after 2024 has been made,” Borisov told Putin in the Kremlin-issued readout. Robyn Gatens, director of International Space Station for NASA, said that NASA hadn’t received any official word from Russia about the decision to quit the ISS ( CNN).
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CNN Chimes in on Biden Administration Attempting to Redefine Recession: “You Can’t Fake This”
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Spencer Brown: As the Biden administration furiously attempts to spin our current economic situation into an argument to vote for Democrats in November’s midterms, the White House can apparently no longer expect assistance from CNN. During a segment talking about the White House’s desperate attempts to redefine what a “recession” is, CNN Editor-at-Large Chris Cillizza and host Kasie Hunt had some fun at the expense of the White House’s laughable attempts to paint a rosy picture of the “Build Back Better” agenda’s effects ( Townhall). Disclose.tv: Biden economic advisor: “Two negative quarters of GDP growth is not the technical definition of recession” ( Twitter). RNC Research: Amid fears of recession, CNN’s Kasie Hunt slams the Biden administration for denying the definition of a recession: “You can’t fake this” ( Twitter)!
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Biden Administration to Sell 20 Million More Barrels of Oil From Strategic Petroleum Reserve
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This makes the fifth sale. Reuters: The Biden administration on Tuesday said it will sell an additional 20 million barrels of oil from the Strategic Petroleum Reserve as part of a previous plan to tap the facility to calm oil prices boosted by Russia’s invasion of Ukraine and as demand recovers from the pandemic. The United States has already sold 125 million barrels from the reserve with nearly 70 million barrels already delivered to purchasers, a senior administration official told reporters. The SPR releases have been a “supply lifeline” to oil and refining companies as the industry continues to get oil production back online after declines during the peak of the COVID-19 pandemic, the official said ( Reuters). Fox News: While gas prices are down significantly since a recent national average price of more than $5 per gallon in June, the average as of Tuesday was still $4.327, compared to $3.156 from one year ago, and approximately $2.39 when Biden first took office in January 2021. Republicans slammed the White House after previous sales from the Strategic Petroleum Reserves after it was made known that millions of barrels were being sent to European and Asian countries, including China. The White House also announced that the Department of Energy is proposing a rule change regarding how the federal government acquires oil for the strategic reserve. The new rule, if adopted, would permit fixed-price contracts as well as index-price contracts. The current rule requires purchase prices to be set by a price index, with the price paid being based on market prices at the time of delivery ( Fox News).
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US Discusses Unfreezing, Giving Assets to Taliban for Humanitarian Relief
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Insider: The US and the Taliban are negotiating the release of $3.5 billion in Afghanistan’s reserves that were frozen when the Taliban retook control of the country, Reuters reported. Three unnamed sources told Reuters that officials have exchanged proposals for how the release could be done. But two of the sources said there are still big issues standing in the way of a deal, including the Taliban’s wanting to keep top figures in the Afghan central bank in their roles despite one of them being under US sanctions. The US froze Afghanistan’s $9.5 billion in reserves — some which is held in New York City — after the Taliban took over in August 2021. The Taliban have repeatedly asked for it back, citing the country’s economic crisis after the takeover. Current negotiations are on $3.5 billion of that amount, Reuters reported. President Joe Biden signed an executive order in February to say that amount could be sent to Afghanistan as humanitarian aid ( Insider). Reuters: While the Taliban do not reject the concept of a trust fund, they oppose a U.S. proposal for third-party control of the fund that would hold and disburse returned reserves, said a Taliban government source who spoke on condition of anonymity. The United States has been in talks with Switzerland and other parties on the creation of a mechanism that would include the trust fund, disbursements from which would be decided with the help of an international board, according to a U.S. source who also declined to be named in order to discuss the matter ( Reuters).
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Beverly Hills Will Refuse to Enforce Mandate Should LA County Reinstate Masking
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Fox News: The Beverly Hills, California, City Council voted unanimously not to enforce a Los Angeles County mask mandate should one be adopted. “I feel it is our job to lead and I support the power of choice,” Beverly Hills Mayor Lili Bosse said after the voter Monday evening, according to reporting from Fox 11. The comments come as the Los Angeles County Department of Public Health has publicly weighed the possibility of adopting an indoor mask mandate in the county, which has seen a steady rise in COVID-19 cases in recent weeks. The mandate was reportedly set to go into effect Friday, but Public Health Director Barbara Ferrer told reporters cases in the country may be leveling off and “we are likely to want to take a pause on moving too quickly on universal indoor masking” ( Fox News). Daily Wire: Julie Hamill, an attorney representing the Alliance of Los Angeles County Parents, recently told the L.A. County Board of Supervisors in a letter that she would file a lawsuit if the mask mandate is reinstated for L.A. school kids. Hamill is requesting that the supervisors take away some of Ferrer’s authority ( Daily Wire). CBS: Los Angeles County Supervisor Kathryn Barger Monday issued a public statement opposing bringing back an indoor mask mandate, days before the county is considering re-imposing one to curb the spread of COVID-19… In an open letter sent to her Fifth District constituents, Barger said she believes “masking mandates are polarizing and unenforceable,” and said she does not believe such a move would have any major impact. “I have not seen any empirical data that conclusively shows that masking mandates make a difference in decreasing or stopping COVID-19 transmission rates,” Barger wrote. “An analysis of Alameda County’s June 2022 masking mandate, in fact, concluded it had no significant impact in comparison to its surrounding counties that did not impose a masking mandate. Alameda County dropped this mandate after only three weeks.” She added that a mandate “will not make a meaningful improvement to the underlying systemic healthcare inequities that are the true drivers of inequitable rates of COVID-19 deaths and long-term, negative effects” ( CBS).
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Walmart Woes Send US Stocks Tumbling
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Dow down 229 points, Walmart off 7.6%. Fox Business: All three of the U.S. benchmark stock averages lost ground as investors reacted to a basket of disappointing earnings led by Walmart which cut its profit forecast due to inflation pressures. Shares were the worst Dow member dragging down consumer discretionary stocks which weighed on the S&P 500 and Nasdaq Composite with declines in Bed Bath and Beyond, Amazon and Dollar Tree shares ( Fox Business). Kiplinger: “The increasing levels of food and fuel inflation are affecting how customers spend, and while we’ve made good progress clearing hardline categories, apparel in Walmart U.S. is requiring more markdown dollars,” said Doug McMillon, CEO at Walmart, in the company’s press release. The company also cut its full-year profit forecast, as it expects even more pressure on general merchandise over the next two quarters ( Kiplinger). Wall Street Journal: The announcement sent Walmart’s shares down nearly 10% in after-hours trading Monday, and pressured other stocks, with Amazon.com Inc. falling about 4%. Walmart’s e-commerce rival is slated to report its latest results on Thursday. The warning casts a cloud over a week when a raft of global brands and multinational companies, from McDonald’s Corp. and Procter & Gamble Co. to Visa Inc. and General Motors Co., are slated to update investors on their latest quarterly results and the outlook for the rest of the year ( Wall Street Journal) .
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Twitter to Hold Shareholder Vote for Elon Musk’s Buyout
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CNBC: Twitter said that it would hold a shareholder meeting to vote on the company’s $44 billion acquisition by Elon Musk on September 13. The shareholder meeting will commence at 10:00 AM PT, and will be available via a webcast. Shareholders will be able to watch the meeting live and then vote, the company said in a filing with the Securities and Exchange Commission. Twitter’s board of directors has previously urged its shareholders to approve the company’s sale to Musk ( CNBC). Wall Street Journal: Last week, Twitter reported second-quarter results that showed a surprising decline in revenue that it blamed on advertising weakness and uncertainty related to the deal. The company also reported a wider loss and said expenses included $33 million in acquisition-related costs. Though Twitter’s shares rose around 1% following the report, analysts said Twitter’s stock likely would have taken a hit if Mr. Musk wasn’t on the hook to buy the company. A day earlier rival Snap Inc. posted its weakest-ever quarterly sales growth because of what it said was “increasing competition for advertising dollars that are now growing more slowly.” Mr. Musk has said his primary reason for wanting out of his deal for Twitter is a lack of faith in the company’s longstanding estimate that less than 5% of its monetizable daily active users are spam or fake accounts. He has said that estimate is probably too low. In a May 6 meeting with Twitter executives about how spam and fake accounts are calculated, Mr. Musk ’s team said he was “flabbergasted to learn just how meager Twitter’s process was” and pointed to the absence of automated tools to help with the calculation, a recent court filing showed ( Wall Street Journal).
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White House Aide Cassidy Hutchinson’s Messages Reveal a Different Side of the Story
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Federalist: Nearly 18 months of private chats between friends from the Trump White House show that Jan. 6 Committee star witness Cassidy Hutchinson dramatically changed her story about what she knew and how she felt about what she witnessed as a White House staffer… In her two hours of testimony, Hutchinson made a series of blockbuster claims incriminating former President Donald Trump, her White House colleagues, and even her direct superiors over their conduct as security at the U.S. Capitol was compromised by a horde of demonstrators. Relying on third-party conversations, Hutchinson claimed the president tried to violently hijack the presidential limousine to drive himself down to the rioters on Jan. 6. The claim was denounced as fabricated hours later. Yet in a series of private communications from December 2020 through May 2021, shared exclusively with The Federalist, Hutchinson commiserated with other targets of the probe about how little information she had about any wrongdoing that day, and lamented how corrupt the politicized committee was. Far from being upset with Trump, Hutchinson repeatedly spoke in favor of him and his presidency ( Federalist). Spencer Brown: The messages paint a picture of an aide who is unrecognizable to the one who testified about being fearful of what could happen in the days leading up to — and horrified by what she watched happen from the White House on — January 6. “Same,” she wrote back ( Townhall).
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Senator Rand Paul Vows to Investigate Dr. Fauci if Republicans Win House
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Daily Wire: Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and Chief Medical Advisor to the President, practically dared Senator Rand Paul (R-KY) to make good on threats to investigate him if Republicans are able to take back the House and the Senate following November’s fast-approaching midterm elections. Fauci, who appeared Tuesday morning on CNN’s “New Day,” insisted to anchor John Berman that all he had ever done was to help save millions of lives by putting forth common sense ideas that helped the government implement sound public health policies ( Daily Wire). Tom Elliot: Fauci to @RandPaul: “All I have ever done, if you go back and look at everything I’ve ever done, was to recommend common-sense, good CDC-recommended public health policies that have saved millions of lives. If you want to investigate me for that, go ahead” ( Twitter). Daily Mail: Paul and Fauci are no stranger to tiffs, with the two constantly sparring publicly over the last few years of the coronavirus pandemic. Specifically, Paul has questioned Fauci over the origins of the virus and the gain-of-function research at the Wuhan Institute of Virology in China, which the senator claims is how COVID-19 came to be. The Kentucky lawmaker has accused Fauci of somehow having some sort of involvement in the emergence of the virus because the National Institutes of Health granted funding to an organization conducting research at the Wuhan lab. Fauci has repeatedly dismissed these claims ( Daily Mail).
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Pro-Life Pledge: Michigan Football Coach Jim Harbaugh Offers to Raise Children of Unplanned Pregnancies
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ESPN: Michigan football coach Jim Harbaugh, who last week spoke at a pro-life fundraising event in Michigan, said this past weekend that “we’ll raise that baby” should someone in his family or program be involved with an unplanned pregnancy. “Let’s discuss it,” Harbaugh told ESPN’s Gene Wojciechowski as part of a wide-ranging interview conducted Saturday in Muskegon, Michigan, during the team’s summer tour of the state, adding: “I’ve told [them] the same thing I tell my kids, boys, the girls, same thing I tell our players, our staff members. I encourage them if they have a pregnancy that wasn’t planned, to go through with it, go through with it. Let that unborn child be born, and if at that time, you don’t feel like you can care for it, you don’t have the means or the wherewithal, then Sarah and I will take that baby” ( ESPN). Breitbart: Critics should not be surprised that Harbaugh is standing up for life. His views on abortion are well known, and he’s commented on the topic many times before. In 2020, for instance, he praised people for being concerned about people’s lives during the coronavirus scare. But he added, “You see people taking more of a view of the sanctity of life. And I hope that can continue. I hope that continues and not just in this time of crisis or pandemic” ( Breitbart).
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Dennis Prager broadcasts from hot and sticky Florida, made cool and livable by fossil fuels
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Dennis Prager: Welcome to the Dennis Prager Show, coming to you from Miami, Florida. Not Miami Beach, but Miami. And I’m here for some intense speeches and talks and thoughts. And I’ll tell you as much as possible during the course of the week. I’ll be here for a week.
I hope you had a good...
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Hugh Hewitt and Byron York cover some of the latest news out of the Pelosi-Cheney show trial
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Hugh Hewitt: Good morning, Byron, how are you?
Byron York: Good morning, Hugh. Doing well.
Hugh Hewitt: … Now let me turn to the 1/6 committee. Proposition number one: It was illegitimate from the first day that Nancy Pelosi attempted to control the minority party’s participation. And so, when...
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Eric Metaxas talks with NBA player Jonathan Isaac about why he stands for God, country and freedom, and against BLM’s Marxist ideals
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Eric Metaxas: Hey there folks. Very exciting guest ahead. Let me start out by saying July 31st, 2020, Orlando Magic starting forward, Jonathan Isaac, who’s my guest, he was the lone NBA player not to kneel for the national anthem amid a leaguewide demonstration in support of Black Lives Matter....
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Brandon Tatum finds no reason to wonder why support for Biden is so low
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Officer Tatum: Polls show Biden at 19% approval amongst Hispanics. I really wish that the African American community could keep up with the Hispanics when it comes to voting. Because it says only 19% of Hispanics approve Biden’s conduct as president, while 70% disapprove.
I don’t know what the...
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Mike Gallagher talks with gubernatorial candidate Lee Zeldin about how he was attacked by a knife-wielding assailant, who was charged with a felony and released hours later
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Mike Gallagher: I know the left wants us to be fixated on this January 6th sham committee show trial. I know that Biden getting covid is a big deal. But you know, very recently Shinzo Abe was assassinated. Veteran politician giving his speech at a podium and some evil monster killed him.
This...
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Charlie Kirk and cohort Benny Johnson anticipate the Student Action Summit and map a path forward for conservatism
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Charlie Kirk: With us right now is a great American patriot, Benny Johnson. We are going to be talking about our upcoming Student Action Summit, amongst many other things. … Benny, you’ve been to many Turning Point USA events. In fact, you’ve played a critical role in creating that kind of...
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Dinesh D’Souza discusses the consequences of ditching the high court for some lower form of majority rule
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Dinesh D’Souza: A new survey just out reveals that a majority of Democrats want to abolish the Supreme Court. This is actually not a joke. I’m looking at a report by Miranda Devine in the New York Post that gives us the details. Not only do a majority of Democrats feel this way, but as we’ll...
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Sebastian Gorka talks with former White House Press Secretary Ari Fleischer about the flops and failures of both the presidency and the media
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Dr. Sebastian Gorka: Let’s talk to someone who spent a lot of time at that podium during some of the toughest times in American recent history, including 9/11 and the anthrax attack. He’s a good friend of this show, a fellow Hungarian American, Ari Fleischer. Welcome to America First One on...
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