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Shea Stevens
LIVE from NPR News in Washington, I'm Shea Stevens. President elect Donald Trump is urging Republicans to reject Speaker Mike Johnson's proposal for keeping the government funded through mid March. As NPR's Barbara Sprunt reports, House Republicans are now working toward a revised measure that would avert a government shutdown on.
Barbara Sprunt
Saturday after intense pressure from billionaire adviser Elon Musk. President Elect Trump and Vice President Elect JD Vance are calling on Republicans to reject the bill. The short term measure includes over $100 billion towards disaster aid and farm subsidies, among other things. In a statement, Trump advance called for a bill they say doesn't include any legislative wins for Democrats. This leaves Republic scrambling to keep the government open right as Congress is also prepping to go home for the holidays. Barbara Sprunt, NPR News, the Capitol.
Shea Stevens
California Governor Gavin Newsom has declared a state of emergency in response to the ongoing spread of bird flu in dairy cattle. The move signals growing concern over the situation in California, which is the epicenter of the outbreak. More from NPR's Will Stone.
Will Stone
More than 300 dairy herds have tested positive in California in the last 30 days alone. The governor said that cases detected in dairy cows on farms in Southern California showed the need for expanded monitoring and a more coordinated statewide response. There's no evidence of ongoing human to human spread in California or the rest of the country, but scientists warn that uncontrolled spread in dairy cattle heightens the risk of spillover into humans, which could give the virus a chance to acquire dangerous mutations. The state of emergency in California comes on the heels of another worrying the first severe illness in a US Resident linked to bird flu that was reported in a Louisiana resident who tested positive after being exposed to sick birds. Will Stone, NPR News.
Shea Stevens
The U.S. supreme Court has agreed to hear arguments over the constitutionality of a US ban on TikTok. The ban was set to take effect January 19th unless TikTok's owner sells it. TikTok says the law would violate the First Amendment rights of its U.S. customers. The federal Reserve has lowered interest rates by another quarter percentage point, but hints at fewer rate cuts next year. NPR's Scott Horsey reports that the news triggered a sharp sell off on Wall Street.
Scott Horsley
All the major stock indexes dropped sharply after the Fed signaled that it may keep interest rates higher for longer than investors had expected. On average, members of the central bank's rate setting committee now expect rates to fall just half a percentage point in 2025, not the full point they were projecting back in September. Inflation has been sticky in recent months, and some of President elect Donald Trump's policy proposals could push prices higher. Given that Fed Chairman Jerome Powell says it makes sense to proceed with caution.
Jerome Powell
It'S not unlike driving on a foggy night or walking into a dark room full of furniture.
Scott Horsley
Powell says the US Economy continues to perform well, giving the Fed more latitude to take its time in lowering rates. Scott Horsley, NPR News, Washington.
Shea Stevens
This is NPR News. Unionized workers at some Amazon facilities in New York, Illinois, Georgia and California are preparing to walk off their jobs tomorrow morning. The Teamsters union says the online retailer failed to meet a deadline for reaching an agreement for better pay and working conditions. Amazon says the strike will not affect business during the holidays. The union represents roughly 10,000Amazon workers in the US after the Earth's moon formed, it went through a period when a lot of the solid rock remelted. As NPR's Nell Greenfield voice reports, a new study shows that that could explain why most moon rocks are surprisingly young.
Nell Greenfield Boyce
Astronauts brought back moon rocks and almost all date back to around 4.35 billion years ago. Trouble is, scientists think the moon got CR created much earlier than that when an object the size of Mars slammed into the Earth. Now in the journal Nature, researchers offer this explanation. As the moon moved away from Earth at a certain point, it underwent a temporary period of remelting due to gravitational forces that heated it up. Francis Nimmo is with the University of California, Santa Cruz.
Francis Nimmo
I think it was mostly solid on the inside, but there was melt being generated all the time, and that was being erupted as volcanoes, creating new rocks.
Nell Greenfield Boyce
That appeared to be younger than the true age of the moon. Nell Greenfield boyce, NPR News.
Shea Stevens
U.S. futures are flat in after hours trading on Wall street following today's losses on Asia Pacific markets. Shares are lower, down 1% in Tokyo and in Shanghai. I'm Shay Stevens. This is NPR News.
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NPR News Now: December 19, 2024
Hosted by NPR, this episode of NPR News Now provides a comprehensive overview of the latest national and international news stories as of December 18, 2024. Below is a detailed summary capturing all key discussions, insights, and conclusions from the episode.
Overview: President-elect Donald Trump is actively encouraging Republicans to oppose Speaker Mike Johnson's proposal aimed at funding the government through mid-March. This move comes amid heightened tensions within the Republican Party over the proposed legislation.
Key Points:
Proposal Details: The short-term funding measure includes allocations of over $100 billion for disaster aid and farm subsidies, among other provisions.
Trump’s Stance: In a statement released at [00:40], Trump’s advance team criticized the bill, stating it "doesn't include any legislative wins for Democrats," thereby urging Republicans to seek alternative measures.
External Pressure: Billionaire adviser Elon Musk has intensified pressure on House Republicans, adding to the complexity of the negotiation process.
Implications: The rejection of the current proposal leaves Republicans scrambling to prevent a government shutdown, especially as Congress prepares to adjourn for the holidays.
Notable Quote:
“The bill doesn't include any legislative wins for Democrats,” said the statement from Trump’s advance team. [00:40]
Overview: California Governor Gavin Newsom has declared a state of emergency in response to a significant outbreak of bird flu affecting dairy cattle, positioning the state as the epicenter of this agricultural crisis.
Key Points:
Extent of the Outbreak: Over 300 dairy herds have tested positive for bird flu in the past 30 days alone.
Governor’s Response: Governor Newsom emphasized the need for "expanded monitoring and a more coordinated statewide response" to combat the spread effectively. [01:25]
Human Health Concerns: While there is no evidence of human-to-human transmission, scientists warn that the uncontrolled spread among cattle could increase the risk of the virus mutating and potentially spilling over into humans.
Recent Developments: This declaration follows the first severe human case linked to bird flu in a Louisiana resident who had been exposed to sick birds.
Notable Insight:
"Uncontrolled spread in dairy cattle heightens the risk of spillover into humans, which could give the virus a chance to acquire dangerous mutations." [01:25]
Overview: The U.S. Supreme Court has agreed to hear arguments challenging the constitutionality of a federal ban on TikTok, a decision that could have significant implications for social media regulation and free speech.
Key Points:
Ban Details: The ban mandates that TikTok's ban takes effect on January 19 unless the platform's owner complies by selling to a U.S. entity.
TikTok’s Response: The company argues that the ban violates the First Amendment rights of its U.S. users, asserting that it impinges on free speech and expression.
Potential Outcomes: The Supreme Court's decision is highly anticipated, as it will set a precedent for how digital platforms are regulated and the balance between national security and individual rights.
Notable Quote:
"TikTok says the law would violate the First Amendment rights of its U.S. customers." [02:09]
Overview: The Federal Reserve has reduced interest rates by a quarter percentage point, signaling a possible slowdown in rate cuts for the upcoming year. This announcement has led to significant movements in the stock market.
Key Points:
Rate Adjustments: The Fed lowered rates by 0.25%, but members of the rate-setting committee now anticipate only a half-point decrease in 2025, down from previous projections of a full point.
Market Reaction: Following the announcement, major stock indexes experienced sharp declines. Notably, Tokyo and Shanghai markets each fell by 1%.
Economic Rationale: Inflation remains persistent, and policies proposed by President-elect Trump could potentially contribute to rising prices, prompting Fed Chairman Jerome Powell to advocate for caution.
Notable Quote:
“It’s not unlike driving on a foggy night or walking into a dark room full of furniture.” – Jerome Powell [03:02]
Overview: Unionized employees at Amazon facilities in New York, Illinois, Georgia, and California are gearing up to strike, citing unmet demands for improved pay and working conditions.
Key Points:
Union’s Position: The Teamsters Union has announced plans for workers to walk off their jobs if Amazon fails to agree to the negotiated terms by the set deadline.
Amazon’s Stance: The company asserts that the impending strike "will not affect business during the holidays," attempting to downplay the potential impact on operations.
Workforce Representation: Approximately 10,000 Amazon workers across the U.S. are represented by the union, highlighting the scale and potential significance of the labor action.
Notable Insight:
The solidarity among workers across key states underscores the widespread dissatisfaction and the critical nature of the negotiations between Amazon and the Teamsters Union.
Overview: A recent study published in Nature offers a new explanation for why most moon rocks collected by astronauts appear surprisingly young, suggesting a period of remelting triggered by gravitational forces.
Key Points:
Moon Rock Ages: Contrary to initial beliefs that moon rocks date back to the moon's formation following a colossal impact with Earth, most samples are approximately 4.35 billion years old.
Research Findings: As the moon distanced itself from Earth, gravitational forces induced enough heat to cause remelting of solid rock, leading to volcanic activity that produced newer rock formations.
Expert Commentary: Francis Nimmo from the University of California, Santa Cruz, elaborated that persistent internal melting and volcanic eruptions contributed to the creation of these younger rocks. [04:29]
Notable Quote:
“I think it was mostly solid on the inside, but there was melt being generated all the time, and that was being erupted as volcanoes, creating new rocks.” – Francis Nimmo [04:29]
Overview: U.S. futures remained flat in after-hours trading despite significant losses in Asian markets, reflecting investor uncertainty following global economic shifts.
Key Points:
Global Market Trends: Shares in Tokyo and Shanghai each declined by 1%, indicating a cautious sentiment among international investors.
U.S. Market Outlook: Despite the downturn in Asia, U.S. futures did not mirror the decline, suggesting that domestic factors and Fed policies may be stabilizing investor confidence.
Notable Insight:
The interplay between global market performance and domestic economic indicators continues to influence investor behavior, as seen in the contrasting movements between Asian and U.S. markets.
Conclusion: This episode of NPR News Now encapsulates a range of critical issues from political maneuvering within the GOP on government funding, public health concerns over bird flu in California, significant legal battles influencing social media platforms, to economic indicators affecting global markets. Additionally, labor movements spotlight evolving workplace dynamics, while scientific advancements offer deeper understanding of lunar geology. These multifaceted discussions provide listeners with a holistic view of the current national and international landscape.