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Wednesday, November 1, 2023

Adams and other Dem mayors demand ‘urgent’ meeting with Biden on migrant crisis

 Mayor Eric Adams and several other Democratic mayors from big cities across the country are demanding that President Biden meet with them and provide additional aid to cope with the growing migrant crisis.

Hizzoner — alongside Los Angeles’ Karen Bass, Chicago’s Brandon Johnson, Houston’s Sylvester Turner and Denver’s Mike Johnston — specifically, and in bold type, requested “an urgent meeting” with Biden to “directly discuss ways we can work with your administration to avoid large numbers of additional asylum seekers being brought to our cities with little to no coordination, support or resources.”

The letter requests that the president provide additional federal funding to help offset the cost of providing housing and social services to the new arrivals, speed approvals for their work papers, increase the number of migrants eligible to work and calls for a “coordinated entry and distribution process of newcomers once they arrive.”

“We believe we have a unique opportunity to work with the White House and Congress over these next few weeks to create an immigration and asylum system that will treat our newcomers with dignity and be fair and equitable to cities and neighborhoods across the country,” the mayors concluded.

“Given the urgency of this issue, we are all willing to travel to DC next week to sit down and discuss our shared interest in finding a successful resolution.”

Late Wednesday, Adams said he was heading to Washington with the other mayors to meet with federal lawmakers and the White House, though a City Hall spokesman declined to say who he would be meeting with from the Biden administration.

The two-page missive from the mayors, dated Oct. 28, is new evidence of mounting frustrations between some of the nation’s largest — and most Democratic — cities and Biden over his slow-footed response to the waves of migrants arriving from Central and South America.

Many of the migrants plan to seek asylum and were driven northward to flee violence — including death squads sanctioned by their home countries — and dire economic circumstances.

More than 133,000 people have arrived in New York City alone since the onset of the crisis last spring, according to tallies City Hall provided reporters last week.

Adams recently flew to Mexico, Ecuador and Colombia to tour the conditions in those countries and mount an effort in the local Spanish-speaking media to discourage people from attempting to come north.

However, the trip was heavily criticized back in New York after reporters who traveled with the mayor revealed that few potential migrants had gotten the message — and that Adams failed to deliver it himself during conversations with residents at a shelter for the needy in the Ecuadorian capital of Quito.

City Hall has said that it expects the crisis will cost the Big Apple an estimated $12 billion between 2023 and 2025 and could his administration to cut spending in city-funded programs — like policing, parks, trash pickup and road repairs — by as much as 15 percent.

The mounting price tag has turned Adams, once a Biden surrogate, into one of the president’s loudest critics and resulted in a major rupture in their relationship.

The feds have provided or promised just $142 million in aid so far, compared to the $1 billion set aside by state lawmakers in Albany.

Federal officials, at one point, also promised to provide a liaison to improve cooperation between City Hall and the federal immigration authorities over the combined response to the crisis, but that position has still not been filled.

Under fire, the White House expanded the number of Venezuelan migrants eligible for work papers, provided they arrived in the United States before July 31, though City Hall has pressed for more.

However, on Thursday, the Adams administration tempered its criticism to thank Biden for reviving a clinic to help migrants apply for work papers that ran for two weeks in September — and got 1,700 people registered and in the system.

The White House, too, pointed to the clinic as evidence of improved cooperation in a statement responding to the letter from the mayors — and said the revived center would be able to handle 300 migrants a day.

“The Biden-Harris Administration is committed to supporting local jurisdictions hosting recently arrived migrants and we will continue working to deliver support in every way we can,” said White House spokesman Angelo Fernandez Hernandez.

“Starting this week, the Biden-Harris Administration, in partnership with New York City and New York State, will be scaling operations of its first-of-its-kind work authorization clinic to help thousands of migrants living in New York’s shelter system apply for work permits,” he added.

https://nypost.com/2023/11/01/metro/eric-adams-other-dem-mayors-demand-biden-meeting-on-migrant-crisis/

Biden unveils national strategy to fight Islamophobia day after poll shows Arab-American support tanking

 The Biden administration announced Wednesday it would establish a national strategy to counter Islamophobia just one day after a poll showed Arab-American support for the president and his fellow Democrats was tanking.

The announcement also comes a day after FBI Director Christopher Wray testified before the Senate Homeland Security Committee that despite being just 2.4% of the American public, attacks on Jewish-Americans accounted for "something like 60% of all religious-based hate crimes."

"We look forward to continuing our work with community leaders, advocates, members of Congress, and more to develop the strategy – which will be a joint effort led by the Domestic Policy Council and the National Security Council – and counter the scourge of Islamophobia and hate in all its forms," White House press secretary Karine Jean-Pierre said in a statement.

"For too long, Muslims in America, and those perceived to be Muslim, such as Arabs and Sikhs, have endured a disproportionate number of hate-fueled attacks and other discriminatory incidents," she added.

According to the Tuesday Reuters/Zogby poll, just 17% of Arab-Americans expressed support for Biden, a tremendous drop from the 59% support he got in 2020. His support from the group had already fallen to 35% before the start of the war between Israel and Hamas.

The poll also marked the first time since it was taken in 1997 that a majority of Arab-Americans did not identify as Democrats. 32% said they identified as Republicans and 31% as independents. 

Just 20% rated Biden's job performance as "good" while 40% said they planned to support former President Donald Trump should he be the Republican nominee in 2024.

Fox News Digital asked the White House if the strategy was related to the poor poll numbers among Arab-Americans, but a source familiar said the initiative had been planned for months. Additionally, the White House pointed to a strategy to combat antisemitism it announced in May.

The Biden administration said Tuesday it would also be partnering with colleges to combat the "alarming rise" of antisemitic threats and incidents on campuses across the country.

However, the administration indicated during Tuesday's White House press briefing that people in the U.S. making "violent antisemitic threats" were not going to be classified as "domestic terrorists."

https://www.foxnews.com/politics/biden-unveils-national-strategy-fight-islamophobia-day-after-polls-arab-american-support-tanking

VC Firm Bioluminescence Ventures Launches with $477M in Assets

 The current environment for big and small biotechs has been harrowing over the last few months, with layoffs and pipeline cuts in a challenging business environment. However, that is not deterring some venture capital firms from investment such as Bioluminescence Ventures, which emerged from stealth on Wednesday with $477 million in assets across two funds.

Bioluminescence, led by former Andreessen Horowitz senior partner Kouki Harasaki, plans to invest in “transformative” biotech companies with first-in-class or best-in-class therapeutics that are “addressing large patient populations” with currently unmet medical needs. The firm’s investments will focus on industry breakthroughs in biology, drug discovery, genetic medicines and computational biology platforms.

Harasaki, founding and managing partner at Bioluminescence, has deep experience in biotech investment. He served as a partner at venture capital firm Andreessen Horowitz and, before starting Bioluminescence, was the managing director at M12/Microsoft Ventures, where he led its life science investment arm.

“Innovation never stops, even when financing does. The recent COVID-19 global pandemic proved that biopharmaceutical innovation is rapidly accelerating. The 2007-2008 Global Financial Crisis and the subsequent years of the biopharma sector downturn proved that venture firms that continue to invest in breakthrough platforms—especially during financial downturns—can help make a meaningful impact on patients while generating strong financial returns,” Harasaki said in a statement.  

Bioluminescence is looking to build out its team soon and will be bringing on board academic advisors and those familiar with the M&A and IPO environments. The VC firm will also announce its advisory board and team “in the coming weeks,” according to Wednesday’s announcement.

Harasaki and Bioluminescence have already invested in several biotechs, including Surge Therapeutics, which is developing a platform to improve the safety and efficacy of immunotherapy treatment. Bioluminescence led Surge's $32 million Series B financing in July 2023.

The fund also led the Series B for Nido Biosciences, which is developing a treatment for the neuromuscular disease Spinal and Bulbar Muscular Atrophy. Bioluminescence has also invested in mRNA and gene correction biotech ReCode Therapeutics and Takeda-backed genomic medicine company Ensoma.

“The best way to help Founders and CEOs right now is to partner with them to secure strong syndicates and close rounds. Post-investment, investors must be able to provide interdisciplinary support—more than ever—to help their companies advance programs through preclinical and clinical milestones in a capital-efficient manner,” Harasaki said.

https://www.biospace.com/article/biotech-vc-firm-bioluminescence-ventures-launches-with-477m-in-assets/

Canada caps immigration target amid housing crunch, inflation

 Canada's liberal government kept immigration targets unchanged for the next two years and said it would stop ramping up immigration from 2026 onwards, as the country grapples with high inflation and a housing crisis.

Canada is targeting 465,000 new residents this year, 485,000 in 2024 before hitting 500,000 in 2025 - a level it aims to maintain in 2026, Immigration Minister Marc Miller told reporters in Ottawa.

"These immigration levels will help set the pace of Canada's economic and population growth while moderating its impact on critical systems such as infrastructure and housing," Miller said.

Royal Bank of Canada said while the pause in targeted immigration levels was appropriate given housing challenges and eroding public support, Canada would need immigrants in the long term.

The annual immigrant intake of 1.3% of the population was not sufficient to stabilize the age structure of the population, which would require immigration of about 2.1%, the country's top lender said in a report.

Canada's population has grown mainly through immigration, and population growth has helped fuel economic growth in recent years.

Some economists have blamed immigration for worsening the country's housing shortage, even though some immigrants also work in industries like construction that are facing a labor shortage.

For this reason, the Bank of Canada has said immigration has been both a driver and a brake for inflation, which stood at 3.8% in September.

More consumers mean more demand, which pushes up prices, but immigrants entering the work force also help keep down labor costs.

A strong inflow of immigrants helped Canada's population to grow last year at its fastest pace since 1957, placing it among top 20 fastest growing countries in the world, Statistics Canada said, in part offsetting the effects of aging residents who are retiring and adding to healthcare costs.

An increasing number of newcomers to Canada have in recent years opted to leave, posing a challenge to a country heavily dependent on immigration for population and economic expansion, the Institute for Canadian Citizenship said earlier this week. 

https://finance.yahoo.com/news/2-canada-caps-immigration-target-214651382.html

French told to stay indoors as storm Ciaran nears

 France's weather service put some northern and western regions, including Brittany, under high alert and authorities urged people to stay indoors, saying storm Ciaran was set to hit overnight with heavy rain and winds of up to 170 kph.

"To all those concerned, be careful ... and avoid moving around overnight," Interior Minister Gerald Darmanin said.

https://news.yahoo.com/french-told-stay-indoors-storm-174002123.html

Pakistan arrests migrants as expulsion deadline looms

 The removal of people to temporary holding centers began a day earlier than previously announced. The interior ministry said 140,322 people had already voluntarily left.

Trucks piled high with belongings and crammed with people have jammed major roads out of the country.

Afghans have made up the bulk of those leaving so far. Some have been living in Pakistan for decades.

Brushing off calls to reconsider from the United Nations, rights groups and Western embassies, Pakistan - citing security concerns - set the Nov. 1 start date last month for the expulsion of all undocumented immigrants, including hundreds of thousands of Afghans.

https://news.yahoo.com/pakistan-arrests-migrants-expulsion-deadline-171433484.html

Iraq Moves Further Out Of US's Influence With New Russia And China Deals

 By Simon Watkins of OilPrice.com

With the U.S.’s current primary Middle East focus being on trying to deter a widening of the Israel-Hamas War, China and Russia have been busy cementing their influence elsewhere in the region, most recently in Iraq. This remains a key target for Beijing and Moscow to expand their presence for three main reasons. First, it could easily become the world’s top producer of crude oil within a relatively short time if the endemic corruption in its hydrocarbons sector was curtailed. Second, its geographical positioning in the heart of the Middle East make it a vital link in building a network of logistical connections from the east of Eurasia into the west of Europe. And third, together with Iran under whose enduring influence its operates, it forms the core of the spiritual, political, military, and cultural Shia Crescent. A flurry of activity in the past couple of weeks involving Iraq, Russia, and China underline how seriously all these plans are moving forward. 

Firstly, plans to increase Iraq’s oil production and then to send that extra output to China in the first instance moved up a gear in last week’s Cabinet meeting, chaired by Prime Minister Mohammed Shia Al-Sudani.

At the meeting, a senior source who works closely with Iraq’s Oil Ministry exclusively told OilPrice.com last week, the Cabinet agreed to increase crude oil exports to China by 50 percent – from 100,000 barrels per day (bpd) to 150,000 bpd. It was also agreed that the daily production capacity from Iraq’s largest oil field – Rumaila, featuring partners BP (47.6 percent), China National Petroleum Corporation (46.4 percent), and Iraq’s State Oil Marketing Organization (6 percent) – is increased from 1.3 million bpd to 1.4 million bpd by the end of this year. This is part of Iraq’s plan to increase its oil production to 8 million bpd by 2028. As analysed in depth in my new book on the new global oil market order, there is no fundamental reason why such an increase cannot be achieved – even 12 million bpd is perfectly feasible, given Iraq’s oil resources – with the only constraint being the pervasive corruption in its oil and gas sector that has hampered such progress for years.

Secondly, at the same Cabinet meeting last week, it was also agreed that Iraq should now give its full support to rolling out all aspects of the wide-ranging ‘Iraq-China Framework Agreement’ signed in December 2021, but agreed in principle more than a year before that.

This agreement is very similar in scope and scale to the all-encompassing ‘Iran-China 25-Year Comprehensive Cooperation Agreement’, as first revealed anywhere in the world in my 3 September 2019 article on the subject and fully examined in my new book. A key part of both deals is that China has first refusal on all oil, gas, and petrochemicals projects that come up in Iraq for the duration of the deal, and that it is given at least a 30 percent discount on all oil, gas, and petrochemicals it buys. Another key part of the Iraq-China Framework Agreement is that Beijing is allowed to build factories across the country, with a corollary build-out of supportive infrastructure. This includes, importantly for its ‘Belt and Road Initiative’ – railway links, all overseen by its own management staff from Chinese companies on the ground in Iraq. The railway infrastructure in Iraq will be completed out after the network in Iran has been finished, and this began in earnest in late 2020 with the contract to electrify the main 900-kilometre railway connecting Tehran to the north-eastern city of Mashhad. As an adjunct to this, plans were put in place to establish a Tehran-Qom-Isfahan high-speed train line and to extend this upgraded network up to the north-west through Tabriz. Tabriz - home to several key sites relating to oil, gas, and petrochemicals, and the starting point for the Tabriz-Ankara gas pipeline – is to be a pivot point of the 2,300-kilometre New Silk Road that links Urumqi (the capital of China’s western Xinjiang Province) to Tehran, and will connect Kazakhstan, Kyrgyzstan, Uzbekistan and Turkmenistan along the way, before it then runs into Europe, via Turkey. 

Thirdly, given the scale and scope of the infrastructure developments to be implemented, there will be an extensive presence of Chinese ‘security’ personnel at the key projects throughout Iraq, the Iraq source told OilPrice.com last week.

These will, in turn, be supported by security personnel attached to Iranian companies that will also be involved in the China-Iraq projects, notably those from Khatam al-Anbia – a massive conglomerate controlled by Iran’s Islamic Revolutionary Guards Corps (IRGC). The IRGC remains the key guardians of the ideas of Iran’s 1979 Islamic revolution, whose messaging it achieves in large part from the funding, training, and logistical support of multiple proxy militias across the Middle East, including Hamas in Palestine, and Hezbollah in Lebanon. The expended presence of Iranian firms with heavy IRGC contingent in Iraq, such as Khatam al-Anbia, will further enable Iran to push ahead with its long-held plan to build a strategically crucial ‘land bridge’ to the Mediterranean coast of Syria. Additional personnel across all the key infrastructure development sites in Iraq will come from Rosoboronexport, Russia’s state-owned monopoly for the export of all military and dual-use products, services, and technologies. 

Russia’s long-term plans to control a unified Iraq (along with China) – including the currently semi-autonomous region of Kurdistan in the north – as also analysed in depth in my new book on the new global oil market orderhave also advanced in the last two weeks. October 11 saw Iraqi Prime Minister Al-Sudani meet with Russian President Vladimir Putin in Moscow, ostensibly to talk about the development of Iraq’s oil sector and the presence of Russian oil companies in it. In reality, according to the source who works closely with Iraq’s Oil Ministry, the discussions also included the future of oil exports from Kurdistan to Turkey, in which Russian oil giant, Rosneft, plays a key part, given its effective control over much of Kurdistan’s oil sector since 2017, as also covered in full in the book. Three days later, Iraq’s Deputy Prime Minister for Energy and Oil Minister, Hayan Abdul Ghani, met with Alexander Dyukov, Chairman of Gazprom Neft to discuss future oil and gas projects in the south and north of Iraq.  

https://www.zerohedge.com/economics/iraq-moves-further-out-uss-influence-new-russia-and-china-deals