Jun 1, 2017

Trump delays moving Israel embassy to Jerusalem

Trump escorts Netanyahu into the White House / AP's Evan Vucci

The White House formally announced today that it will delay for six months the decision on whether to move the U.S. embassy in Israel to Jerusalem. This is a backtrack on President Trump's promise.

  • Why the waiver?: Presidents have done this every six months since 1995, when Congress passed a law requiring the move.
  • Why the delay?: As a source who has been in the process for multiple presidents told Axios, this is Trump defaulting to the status quo. Bureaucrats brief a new president, show them the doomsday forecast of riots, broken peace deals, new security requirements and other issues, and presidents back off. etc.

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Axios
Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: The swing states where the pandemic is raging — Ex-FDA chief: Pence campaigning after exposure puts others at risk.
  2. Health: 13 states set single-day case records last week — U.S. reports over 80,000 new cases for second consecutive day.
  3. Business: Where stimulus is needed most.
  4. Education: The dangerous instability of school re-openings.
  5. World: Restrictions grow across Europe.
  6. Media: Fox News president and several hosts advised to quarantine.
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Dion Rabouin, author of Markets
4 hours ago - Economy & Business

Bond investors see brighter days

Illustration: Sarah Grillo/Axios

U.S. government bonds could breakout further after yields on the benchmark 10-year Treasury note ticked up to their highest since early June last week.

But, but, but: Strategists say this move is about an improving outlook for economic growth rather than just inflation.

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Erica Pandey, author of @Work
6 hours ago - Economy & Business

The dangerous instability of school re-openings

Illustration: Eniola Odetunde/Axios

Schools across the country have flip-flopped between in-person and remote learning — and that instability is taking a toll on students' ability to learn and their mental health.

The big picture: While companies were able to set long timelines for their return, schools — under immense political and social strain — had to rush to figure out how to reopen. The cobbled-together approach has hurt students, parents and teachers alike.

Go deeper (1 min. read)Arrow