Anonymous ID: 8aa255 Sept. 29, 2020, 6:07 p.m. No.10844483   🗄️.is 🔗kun   >>4538 >>4662 >>4724 >>4918

White House: Border Wall Grows 10 Miles Per Week

 

President Donald Trump’s border wall is lengthening by 10 miles per week and is helping agents find more smuggled drugs at the legal entry ports, according to a White House statement.

 

“Construction is moving at a rate of approximately 10 miles per week, setting the administration up to complete its year-end goal with time to spare,” said the September 29 statement, which said that 738 miles had been built, are under construction, or are being planned:

 

This 450-mile section of constructed wall is significant as it will mark the end of DHS’s first round of efforts to secure the SWB with physical borders. These are some of the highest-trafficking and therefore most critical sectors of the southern border for illegal crossings and apprehensions.

 

These numbers point to the department’s unrelenting efforts to secure the American people and restore integrity to America’s broken immigration system despite widespread, transparently political obstruction in both Congress and the courts over the course of the administration.

 

Finally, as hundreds of new miles of border wall system have been constructed, they have pushed cartels to traffic their poisonous products precisely where DHS (Department of Homeland Security) is best equipped — our Ports of Entry. The drugs we are seizing as a result of this new wall that never enter and devastate our communities, and never line the pockets of cartels.

 

BREAKING: #BorderWall construction has reached Quitobaquito Springs. This week the @NatlParkService closed all public access to the area to suppress Indigenous-led protests & stop the media from documenting the horrific destruction of this sacred site.

 

Photo by @lucasmullikin. pic.twitter.com/AT68RRZMyF

 

— Laiken Jordahl (@LaikenJordahl) September 29, 2020

 

The Washington Post reported on September 29 that Trump’s $15 billion project is being built around-the-clock:

 

Crews have been working 24 hours a day, seven days a week, on at least five locations on the border, according to officials overseeing the project who spoke on the condition of anonymity because they were not authorized to comment publicly.

 

The torrid pace of construction has had the biggest impact on Arizona, where the U.S. government has accelerated the project by building through protected areas and federal lands — areas where the administration is able to bypass environmental laws, archaeological reviews, and other safeguards.

 

Progress has been slower in the Rio Grande Valley of South Texas, the busiest span of the border for illegal crossings and the region that CBP (Customs and Border Protection) has identified as its top priority for barrier construction. Nearly all of the land where the government seeks to build is in private hands.

 

Mass immigration shifts investment, jobs & wealth from the central states to the coastal states.

NY shows how Trump partly reversed the wealth transfer by curbing migration.

Yet GOP pols keep voting for immigration that makes their states poorer. #H1B https://t.co/NsKy7qY76V

 

— Neil Munro (@NeilMunroDC) September 19, 2020

 

https://www.breitbart.com/immigration/2020/09/29/white-house-border-wall-extends-10-miles-per-week/

Anonymous ID: 8aa255 Sept. 29, 2020, 6:15 p.m. No.10844784   🗄️.is 🔗kun   >>4918

US Federal Reserve’s Plan to Hold Benchmark Rates at Zero for 3 Years a Boon for India, Experts Say

 

The Narendra Modi government and the country’s banking regulator RBI have deployed $391 billion together in the last eight months to curb the adverse impact of the Covid-19 pandemic on the Indian economy. Taken together, the sovereign and monetary measures are almost 15 percent of the Indian economy.

 

India seems to be getting a humungous help from an unexpected quarter in its fight against the pandemic. At a time when the Indian economy has touched the trough with gross domestic product (GDP), contracting by 23.9 percent in April – June, the US Federal Reserve’s decision on interest rates seems to have come as a saviour.

 

Analysts and experts point out that with the US Federal Reserve’s recent indication that it will hold benchmark interest rates near “zero” for the next three years till 2023, it has come as a major leg up for the Indian economy.

 

They also opine it may expedite the Indian recovery post-pandemic.

 

Earlier, this March, the US Fed Reserve had lowered the rate to near zero as a combat measure against the pandemic.

 

Enumerating the impact of the near-zero interest rate on the Indian economy, a former RBI governor told Sputnik on condition of anonymity: “It is definitely positive and comes as a blessing in disguise for India.”

 

“With a low interest rate in the US and a higher interest rate in India, the interest rate differential increases, making India an attractive investment destination.”

 

“As a result, foreign institutional investors will borrow at cheaper rates in the US and invest in bonds in India to earn higher returns. A three-year period would provide a good window for investment in both Indian bonds and equity,” the former governor added.

 

Those tracking the financial markets closely also list out the other ways in which India stands to benefit from the Fed's decision.

 

Financial Journalist Geetu Moza told Sputnik: “With US rates near zero for three years, RBI is also expected to remain accommodative and the benchmark lending rates will remain on the lower side.”

 

“Lower rates, in turn, will help the corporates raise cheap money and make investments, thereby helping in economic recovery post the pandemic. Secondly, it will also help Indian currency strengthen against the dollar,” she added.

 

Moza also believes equity and debt markets in India will get a boost with foreign investors pouring cheap funds into India. “A cheap dollar will also help on repayment of India’s sovereign debt.”

 

To fight the disruption caused by the pandemic, the Indian government rolled out a $266 billion stimulus package. The RBI, in turn, has pumped in liquidity worth $125 billion since February this year to maintain stability in the financial markets amid the pandemic onslaught.

 

India also reduced the benchmark lending rates.

 

https://sputniknews.com/india/202009301080611372-us-federal-reserves-plan-to-hold-benchmark-rates-at-zero-for-3-years-a-boon-for-india-experts-say/