Pushing the United States government to the brink of a partial shutdown, the White House is insisting that Congress provide $5 billion to build a wall along the US-Mexico border despite lawmaker resistance from both parties.
Without a resolution, parts of the federal government will shut down at midnight Friday.
"We're going to do whatever is necessary to build the border wall to stop this ongoing crisis of illegal immigration," White House senior adviser Stephen Miller said Sunday.
Asked if that meant having a government shutdown, he said: "If it comes to it, absolutely."
Mr Trump said last week he would be "proud" to have a shutdown to get Congress to approve a $5 billion down payment to fulfill his campaign promise to build a border wall. But the president doesn't have the votes from the Republican-controlled Congress to support funding for the wall at that level.
Both parties in Congress have suggested that Mr Trump would likely need to make the next move to resolve the impasse. The House is taking an extended weekend break, returning Wednesday night. The Senate returns Monday after a three-day absence.
Democratic congressional leaders, Sen Chuck Schumer and Rep Nancy Pelosi, have proposed no more than $1.6 billion, as outlined in a bipartisan Senate bill. The money would not go for the wall but for fencing upgrades and other border security. Democrats also offered to simply keep funding at its current level, $1.3 billion.
Showing no signs of budging, Mr Schumer said Sunday that it was up to Mr Trump to decide whether the federal government will partially shut down, sending thousands of federal employees home without pay during the holidays.
About one-quarter of the government would be affected, including the departments of Homeland Security, Transportation, Agriculture, State and Justice, as well as national parks.
"He is not going to get the wall in any form," Mr Schumer said.
Mr Trump had neither accepted nor rejected the Democrats' proposal as of Friday, according to the Democrats, telling them he would take a look. Mr Trump will need Democratic votes either way, now or in the new year, for passage.
Wyoming Sen John Barrasso, the number three Republican in the Senate, said Republicans remain hopeful they can come up with a proposal that can be acceptable to Mr Trump and pass both chambers. He suggested that could take the form of a stopgap bill that extends funding until January, or a longer-term bill that includes money for border security.
"There are a lot of things you need to do with border security," he said. "One is a physical barrier but also the technology, the manpower, the enforcement, all of those things, and our current laws are in some ways an incentive for people to come to this country illegally, and they go through great risk and possibly great harm."
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Read more:
Mexico and US presidents discuss plan to stop migration
Migrants back in camp after US forces drive them from border
Migrants cram into livestock lorries as caravan moves through central Mexico - in pictures
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Sen Susan Collins, R-Maine, urged senators to revisit a bill she helped push earlier this year that would provide $2.5 billion for border security, including physical barriers as well as technology and border patrol agents.
Mr Schumer declined to say whether Democrats would be willing to consider proposals other than the two options that he and Ms Pelosi offered.
Republicans "should join us in one of these two proposals, which would get more than enough votes passed and avoid a shutdown," Mr Schumer said. "Then, if the president wants to debate the wall next year, he can. I don't think he'll get it. But he shouldn't use innocent workers as hostage for his temper tantrum."
Company%20Profile
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Tips for taking the metro
- set out well ahead of time
- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines
- enter the right cabin. The train may be too busy to move between carriages once you're on
- don't carry too much luggage and tuck it under a seat to make room for fellow passengers
SERIE A FIXTURES
Saturday (All UAE kick-off times)
Lecce v SPAL (6pm)
Bologna v Genoa (9pm)
Atlanta v Roma (11.45pm)
Sunday
Udinese v Hellas Verona (3.30pm)
Juventus v Brescia (6pm)
Sampdoria v Fiorentina (6pm)
Sassuolo v Parma (6pm)
Cagliari v Napoli (9pm)
Lazio v Inter Milan (11.45pm)
Monday
AC Milan v Torino (11.45pm)
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
More from Neighbourhood Watch:
Key changes
Commission caps
For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:
• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term).
• On the protection component, there is a cap of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).
• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated.
• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.
• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.
Disclosure
Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.
“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”
Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.
Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.
“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.
Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.
NYBL PROFILE
Company name: Nybl
Date started: November 2018
Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono
Based: Dubai, UAE
Sector: Software Technology / Artificial Intelligence
Initial investment: $500,000
Funding round: Series B (raising $5m)
Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Eco%20Way%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20December%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Ivan%20Kroshnyi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Electric%20vehicles%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Bootstrapped%20with%20undisclosed%20funding.%20Looking%20to%20raise%20funds%20from%20outside%3Cbr%3E%3C%2Fp%3E%0A
Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
