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Scott Hall: First Defendant to Plead Guilty in Georgia Election Fraud Case, Bail Bondsman

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Georgia Senate

Scott Hall testified before a Georgia Senate subcommittee on the 2020 presidential election on December 3, 2020.



CNN

Former President Donald Trump is one of the co-accused He confessed to the crime Five counts in Georgia’s 2020 election tampering case.

Bail bondsman Scott Hall, 59, is the first defendant in the case brought by the Fulton County District Attorney’s Office. To take a plea deal with prosecutors.

Fulton County Sheriff’s Office

Booking photo of Scott Hall released by the Fulton County Sheriff’s Office.

The agreement, signed Friday afternoon in Fulton County Superior Court, recommends a sentence of five years of probation.

Hall was charged with conspiracy to illegally access voter data and vote counting machines at the Coffee County Elections Office on January 7, 2021.

He spent hours inside a restricted area of ​​the election office when voting systems were tampered with, which has been linked to efforts by pro-Trump conspiracy theorists to detect voter fraud. Hall was captured on surveillance video in the office on the day of the violation. He testified before a special grand jury in the Fulton County case and admitted he accessed the voting machine.

Fulton County District Attorney Fannie Willis brought a broader fraud suit last month, accusing Hall, Trump and 17 others of participating in a broad conspiracy to alter election results in the Beach State.

Trump and the remaining 17 defendants have pleaded not guilty.

Lawyers in Willis’ office signaled earlier Friday that they might come soon Extend a plea deal One or both of the two defendants presided over the trial.

The revelation came during the formal investigation of former Trump campaign lawyer Sidney Powell and Kenneth Chesbro, the alleged architect of the voter fraud scheme. They are the first defendants in the case, which is scheduled for hearing on October 23.

This story has been updated with additional details.

The September Full Harvest Moon is the last supermoon of the year

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CNN

A full Harvest Moon shone in the early morning hours of September 29, marking the fourth and final supermoon of 2023.

September’s full moon reached peak brightness at 5:58 a.m. Friday, but is expected to be fully illuminated until Saturday morning. NASA.

Soumyaprada Roy/NurPhoto/Getty Images

The harvest moon is seen through the branches and leaves of trees in a forest in Tehta, West Bengal, India on September 29.

Definitions of a supermoon can vary, but the term generally refers to a full moon that is closer to Earth than normal, causing it to appear larger and brighter in the night sky. is the moon 224,854 miles (361,867 kilometers) from Earth, about 14,046 miles (22,604 kilometers) closer than its average distance. The closest supermoon of the year occurred on August 30, when the moon was just 221,954 miles (357,200 kilometers) from Earth.

September’s full moon was expected to appear 5% larger and 13% brighter than the average full moon. NASA.

Some astronomers say this event occurs when the moon is 90% perigee — its closest approach to Earth in orbit.

Lorenzo de Cola/NurPhoto/Getty Images

A full moon rises behind Rocca Galaccio Castle and Santa Maria della Pieta church in Galaccio, Italy (L’Aquila, Abruzzo) on September 28.

The name Harvest Moon is apt for the gathering season, as the event occurs at the beginning of autumn or near the autumnal equinox, which this year fell on September 23. Typically, this time of year in the north is when many crops are at their peak. The hemisphere and the bright moon once enabled farmers to work late into the evening and harvest their bounty before the first frost. The Old Farmer’s Almanac.

Other names throughout the full moon of September Different tribes These include the Corn Grower Moon from the Abenaki tribe, the Brown Leaf Moon from the Lakota people, and the Fall Moon from the Pasmakudi tribe.

David Gray/AFP/Getty Images

A supermoon is shown rising above the Macquarie Lighthouse and Sydney Opera House in Sydney on September 29.

Other traditions celebrating the harvest at this time include the Korean festival Susok and the Japanese Buddhist festival Higan, both of which celebrate the memory of ancestors. Royal Museums Greenwich.

Many people associate the color orange when the Harvest Moon begins to wax, but the same can be said for all full moons. The hue is caused by the thickness of Earth’s atmosphere near the horizon, which is greater than when the full moon is overhead. Earthsky.

Many planets are currently visible in the night sky Planetary association. Golden Saturn and bright Jupiter rise in the east and appear high in the later hours, while Venus (one of the brightest objects visible in the night sky) shines before dawn. Meanwhile, Mercury dances low on the eastern horizon before dawn.

Full Moons and Super Moons

Here are the remaining full moons in 2023, according to the Farmer’s Almanac:

● October 28: Hunter’s Moon

● November 27: Beaver Moon

● December 26: Cold Moon

Lunar and solar eclipses

People across North, Central and South America will be able to see the annular solar eclipse on October 14th. During this event, also known as the “Ring of Fire,” the Moon will pass between the Sun and Earth at or near its farthest point. Earth. The Moon appears smaller than the Sun and is surrounded by a luminous halo.

Spectators should wear eclipse glasses to avoid eye damage while viewing the event.

A partial lunar eclipse will occur on October 28. Because the Sun, Earth, and Moon are not perfectly aligned, only a portion of the Moon becomes a shadow. This partial eclipse will be visible in Europe, Asia, Australia, parts of North America and most of South Africa.

Each of the remaining meteors expected to peak this year is most visible in areas free of light pollution from dusk to dawn. Here are the peak dates of events:

● Dragonids: October 8

● Orionides: October 20-21

● Southern Tarits: November 4-5

● Northern Torrids: November 11-12

● Leonidas: November 17-18

● Gemini: December 13-14

● Ursits: December 21-22

Lions beat Packers in TNF, take early control of NFC North

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Rob Demowski and Eric WoodyardSep 28, 2023, 11:29 PM ET5 minutes of reading

Amon-Ra St. Brown makes the Lambeau Leap after scoring a TD

Jared Goff floats a wide-open Amon-Raw St. Brown for a 24-yard touchdown.

Green Bay, Wis. — Thursday night’s NFC North showdown between Detroit Lions vs. Green Bay Packers at Lambeau Field, Lions jump out to a quick lead and never look back. Detroit took an 11-point lead in the first quarter and stretched it to 24 at halftime.

After the Packers scored the first two touchdowns of the second half to draw within 10 points, the Lions eventually won 34–20.

At 3-1, the Lions are atop the NFC North, ahead of the 2-2 Packers and 0-3 Minnesota Vikings and Chicago Bears.


Penny CU-USA TODAY Sports

Detroit Lions

There’s a new sheriff in town. After another big win over the Packers at Lambeau Field, the 3-1 Lions position themselves to claim their first NFC North crown. A 24-point first-half lead helped the Lions extend their division win to six — and four straight over Green Bay. The Super Bowl era (1983, 1995) has tied a Detroit franchise’s longest winning streak since coach Dan Campbell turned the tide.

Describe the game in two words: Bowel test. Both offense and defense held their end of the bargain during a dominating first half, but Detroit’s offense stalled in the third quarter as the Packers got within 10 to start the fourth, before finally sealing the deal with a strong finish. A hostile organization.

Running back David Montgomery has one rushing touchdown in his first three games as a Lion. Despite missing Week 3 with a hamstring injury, the former Bears tight end picked up where he left off with two of his three rushing touchdowns before halftime. Jamaal Williams, who broke Hall of Famer Barry Sanders’ team mark for the most rushing touchdowns in a single season with 17 in 2022, now fills the former Lions role seamlessly in New Orleans. Montgomery has two rushing TDs in seven career games against the Packers.

QB Breakdown: What started with an ugly drive — Goff was intercepted by Packers safety Rudy Ford in the first two minutes — quickly turned it around with a 24-yard touchdown pass to Amon-Ra St. Brown on the next drive. Goff picked on Green Bay at times, finishing with 210 passing yards, 1 TD and 1 INT while completing 19 of 28 attempts. Goff is now 5-1 against the Packers in his career.

Next game: vs. Carolina Panthers (1 p.m. ET, Sunday, October 8)


Penny CU-USA TODAY Sports

Green Bay Packers

Maybe the Packers aren’t really the kings of the NFC North. Not if you keep losing to the lion.

Not only did the Packers lose their fourth straight game in a series against the once-low Lions. They laughed at Lambeau Field in the first half. Although they showed some fight after the break, it was an unsightly loss.

Any number of stats can explain how bad a start it’s been for the Packers, but here’s one: Their 21 yards in the first half were the fewest by any NFL team in the first half this season, worse than the Jets. 39 yards in Week 1. And this is Dec. 12 was the Packers’ lowest output in any half since 1982, when they scored 19 in the first half in a 30-10 loss to the Lions.

It’s a good thing the Packers pulled off a fourth-quarter comeback five days ago against the New Orleans Saints, otherwise they’d be in a 1-3 hole. As it is, they are 2-2 and two games behind the Lions (3-1) in the division.

A huge hole in the game plan: Of course there was more than one of these, but if we had to pick one: For the first time since his 127-yard loss in the season opener, the Packers got their most dynamic offensive player, Aaron Jones, back. He didn’t get the ball until nearly two minutes into the second quarter. At that point, the Packers had a total of 1 yard of offense on their first four possessions. They were already down 24-3 when Jones touched the ball for the first time. Meanwhile, Jordan Love started the game 1-for-7 passing with an interception.

QB breakdown: Love has done his best work over the past two weeks playing from behind. Five days after his 18-point fourth quarter comeback to beat the Saints, he showed similar fight against the Lions. He got wide receiver Christian Watson involved on the first drive of the second half, hit wide receiver Jayden Reed on a deep ball and ran for a touchdown. His numbers were OK in the half (23-for-36, 246 yards, 1 TD and 2 INTs and a rushing TD), but it came up empty.
A promising trend: Watson’s return bodes well for the offense. After missing the first three games with a hamstring injury, he made his first catch of the season, going 24 yards on a deep crosser. He finished the drive with a wide-open, 1-yard touchdown catch. Next game: at Las Vegas Raiders (8:15 p.m. ET, Monday, Oct. 9)

Appeals court won’t delay Donald Trump civil fraud trial

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Former US President and Republican presidential candidate Donald Trump speaks at a 2024 presidential campaign rally in Dubuque.

Former U.S. President and Republican presidential candidate Donald Trump speaks at a 2024 presidential campaign rally in Dubuque, Iowa, U.S., on September 20, 2023. REUTERS/Scott Morgan/File Photo Get license rights

NEW YORK, Sept 28 (Reuters) – Former U.S. President Donald Trump has refused to delay a planned Oct. 2 civil fraud trial.

In a brief order, a five-judge panel of the Appellate Division, an intermediate appeals court in Manhattan, denied Trump’s request to postpone the hearing.

It also lifted a Sept. 14 order by Judge David Friedman to stay the hearing while it considered Trump’s petition. Friedman was part of the Jupiter team.

The panel’s ruling comes two days after state court Judge Arthur Engoren found that Trump and his family business persistently and fraudulently inflated his assets and net worth in order to get better terms on loans and insurance.

Trump was sued in September 2022 by state Attorney General Letitia James, alleging “shocking fraud” in how she, her adult sons, the Trump Organization and others valued their assets.

James is seeking at least a $250 million fine, a ban on Trump and his sons Donald Jr. and Eric from operating businesses in New York and a five-year commercial real estate ban against Trump and the Trump Organization.

Attorneys for Trump and the other defendants were not immediately available for comment. James’ office had no immediate comment.

The case is unrelated to the four criminal charges Trump faces, including trying to sway the 2020 presidential election.

Trump has pleaded not guilty to all of them, and the charges against him are part of a politically motivated, Democratic witch hunt as he seeks to return to the White House. James is a Democrat.

Despite his legal troubles, Trump is the frontrunner for the 2024 Republican presidential nomination.

Witness Lists

Trump sued Engron on Sept. 14, seeking to delay the trial and accusing him of ignoring a June ruling by an appeals court that, according to Trump, should have thrown out James’ case because many of his claims were too old.

Engoron’s decision on Tuesday showed he believed the appeals court decision had little impact on James’ case.

The judge said the defendants were “living in a fantasy world, not the real world” because they created appraisals for properties including Trump’s Mar-a-Lago compound in Florida and a Trump Tower penthouse in Manhattan.

Engron found “conclusive evidence” that Trump had overstated his wealth by $2.2 billion.

He also ordered the revocation of certificates allowing some of Trump’s businesses to operate.

It could force Trump to take control of properties including Manhattan’s Trump Tower, a Wall Street office building, golf courses and his family estate in suburban Westchester County, New York.

On Wednesday night, the attorney general’s office and defense attorneys released a list of witnesses, possibly more than 100, who may be called to testify.

Donald Trump and his adult sons are on both lists, as are former Trump Organization chief financial officer Alan Weiselberg and comptroller Jeffrey McConey.

The attorney general’s list includes Trump’s personal lawyer, Michael Cohen, who turned against his former boss, and Trump’s daughter, Ivanka Trump, who was dismissed as a defendant by an appeals court in June.

Reporting by Jonathan Stempel in New York; Editing by Nolene Walter and Bill Bergrod

Our Standards: Thomson Reuters Trust Principles.

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The Senate unanimously passed a formal dress code

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CNN

The U.S. Senate has unanimously passed a resolution codifying business attire as the proper dress code on the floor of the chamber.

It comes after Senate Majority Leader Chuck Schumer chose to hold off on enforcing the unwritten requirement, and Democrats Sen. Casual wear by John Fetterman It became a flash point in the Capitol.

A bipartisan bill by Sen. Joe Manchin, a Democrat from West Virginia, and Sen. Mitt Romney, a Republican from Utah, would require members on the Senate floor to adhere to an unwritten dress code that includes a coat, tie and slacks. For men only. The Resolution The Senate floor did not specify what would be considered business attire for women.

“Even though we don’t have an official dress code, the events of the past week have made us all feel that formalizing one is the right path,” Schumer said. “I really appreciate Senator Fetterman working with me to come to an agreement that we can all agree on, and I appreciate the leadership of Sen. Manchin and Sen. Romney on this issue.”

Before the measure passed, Fetterman told CNN’s Manu Raju that he would wear a business suit while presiding over the Senate.

Following the vote, Fetterman’s office released a brief statement that included a viral meme photo of actor Kevin James.

In 2017, then-House Speaker Paul Ryan relaxed the dress code after dozens of congresswomen objected to the ban on bare arms. In 2019, the dress code for women was loosened in the Senate, with then-Senate Rules Committee Chair Amy Klobuchar pushing for a change that would allow women to wear sleeveless dresses.

This story has been updated with additional information.

Missing Suzanne Morphew: Colorado authorities find remains of woman who went missing on Mother’s Day 2020

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Chaffee County Sheriff’s Office

Suzanne Morphew disappeared on Mother’s Day 2020 while on a bike ride.



CNN

The remains of Suzanne’s chest, A Colorado woman has gone missing The Colorado Bureau of Investigation reported the discovery on Mother’s Day 2020 while riding a bike.

Marbiv, 49, was bicycling in the area of ​​County Road 225 and West Highway 50 near Maysville, Colorado when he went missing.

Her remains were found Friday in Saquatch County, about 50 miles south of where she was reported missing, the bureau said in a news release.

“Investigators were searching in the Moffat area of ​​Saquach County in an investigation unrelated to Morphew’s disappearance when the remains were found,” the bureau said.

The El Paso County Coroner confirmed Wednesday that the remains were those of a chest.

Marbu’s husband Barry confronted A charge of first degree murder 2021 regarding the disappearance of his wife. But his case was dismissed in April 2022 after prosecutors Action was taken to dismiss the case While investigators are looking for her. The judge ruled that prosecutors could pursue the same charges against him in the future.

“Barry is with his daughters, all of whom are struggling with overwhelming shock and grief after learning today that their mother and wife, whom they love deeply, has passed away,” Barry Morbo’s attorney, Iris Aidan, said Wednesday. “They had hope that their wife and mother would come back in their lives again. This news is heartbreaking.

“As far as we know, Barry is as innocent as he was on Day 1,” and a district attorney and law enforcement “went wrong” on the 2021 charges, Aidan said.

“We hope that the authorities will soon admit that they wrongfully persecuted an innocent man named Barry, they will treat the morphs like victims,” ​​and who is responsible for the death of Suzanne Morbu, Aidan said.

Officials said no arrests have been made since Suzanne’s remains were found. On Wednesday, 11th Judicial District Attorney Linda Stanley’s office had no comment when asked by CNN about possible future prosecution plans.

“We have never stopped our investigation and will continue to pursue all avenues to get justice for Suzanne,” said Chaffee County Sheriff John Spess.

Check out this interactive content on CNN.com

Anne Kelly, the district attorney for the 12th Judicial District, where Marbeau’s remains were found, told CNN, “This case is still under active investigation. Therefore, I cannot comment until further information is available in the investigation,” he said.

He said an update would arrive in his office in the coming weeks.

“The 12th Judicial District Attorney’s Office sends our condolences to Suzanne’s family,” Kelly added.

Republican debate: Republicans face rush to stop Trump

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SIMI VALLEY, Calif. (AP) — Republicans face their second presidential debate Wednesday as Donald Trump’s main rivals seek to blunt the momentum. Former PresidentWho has so much faith in him? Travel through the primary of the party He would never share the stage with them again.

Seven GOP candidates He will attend an event hosted by Fox Business Network at the Ronald Reagan Presidential Library. Trump will be in MichiganTrying to deliver prime time text Capitalize On top of that Auto Workers Union Trying to appeal to rank-and-file union members in a key state for a strike and general election.

The debate comes at a critical moment in the GOP campaign, with Iowa caucuses less than four months away from formally kicking off the presidential nominating process. For now, Trump dominates the field despite facing a range of vulnerabilities Four criminal charges This raises the possibility of decades in prison. His rivals, who had built up a sense of urgency among some to address the former president directly before an audience of millions, had no time to erase his lead.

“This is not an appointment that will fall into your lap. You have to go and beat other candidates, and one of them is Donald Trump,” said Kevin Madden, a Republican strategist and veteran of Mitt Romney’s 2008 and 2012 presidential campaigns. “This discussion will be interesting to see whether or not everyone realizes that the sand is going through the bell cage very quickly now.”

Hours before the debate began, the first supporters of any campaign waved Trump flags and held up a banner that read, “Trump, our last hope for America and the world.” attends. Trump ignored it The first debate took place in Milwaukee last monthAttendees put each other to bed, mostly avoiding attacks on Trump. Nearly 13 million people tuned in Anyway.

Former South Carolina Governor and United Nations Ambassador Nikki Haley. Attracted large crowds and renewed interest After her first debate show, she attacked businessman Vivek Ramasamy in foreign policy, pointing out that she was the only woman in the field.

His team raised expectations even higher heading into Wednesday night, telling donors in a recent pitch that they were “ready to build on the momentum after Nicky walks off the stage.”

FILE - Republican presidential candidates, from left, former Arkansas Gov. Asa Hutchinson, former New Jersey Gov. Chris Christie, former Vice President Mike Pence, Florida Gov. Ron DeSantis, businessman Vivek Ramasamy, former UN Ambassador Nikki Haley, Sen.  Tim Scott, RS.C.  and North Dakota Gov. Doug Burgum stand at their podiums during the Republican presidential primary debate hosted by FOX News Channel, Wednesday, Aug. 23, 2023, in Milwaukee.  (AP Photo/Morrie Cash, File)

FILE – Republican presidential candidates stand on their podiums during the Republican presidential primary debate hosted by FOX News Channel, Wednesday, Aug. 23, 2023, in Milwaukee. (AP Photo/Morrie Cash, File)

“As more voters across America tune in to watch the second debate, this will be a great opportunity to bring in even more supporters,” Haley’s campaign manager, Betsy Ankney, wrote in an email.

Florida government is also expecting a big night. Ron DeSantisA recent but central figure Struggling to emerge as the best alternative to Trump. His campaign reported an uptick in fundraising after the first debate, but a strong performance Wednesday could reflect that.

“It’s too late for a better performance,” said Christine Matthews, a national Republican pollster. “DeSantis has gone from being the front-runner to replace Trump to one of a pack of challengers, and he will be under pressure to perform.”

Former Vice President Mike PenceSouth Carolina Sen. Tim Scott And Ramaswamy Similarly looking for breakout moments. Ramasamy often drew attention in Milwaukee, but was criticized by several candidates who sought to expose his political inexperience.

Also on stage will be the Governor of North Dakota. Doug Burgum And Chris ChristieThe former New Jersey governor has built his White House bid around Trump.

Former Governor of Arkansas. Asa Hutchinson Failed to qualify after first debate. Hutchinson’s campaign also says he will travel to Michigan to hold a press conference critical of Trump.

Ahead of the debate, several participants met with high-level supporters, donors and reporters to confirm that they are in a better position going forward.

Reed Gallen, co-founder of the Lincoln Project, founded by conservatives who oppose Trump, says he still believes the former president will be the Republican nominee in 2024, and Wednesday’s debate offers others a chance to build a foundation.

“Chances are Trump will take this for granted,” Galen said.

The site is symbolic because Reagan has long been an icon of the Republican Party, whose words and key moments still shape GOP politics today. But aside from squabbling with leaders of the Reagan library, Trump has reshaped the party and pushed away from traditional GOP policy positions — including muscular foreign policy and opposition to Moscow.

While Reagan recalled going to divided Berlin and telling Soviet leader Mikhail Gorbachev to “tear down this wall,” Trump often sympathized with Russian President Vladimir Putin, saying, “I was the apple of his eye.”

Benz, In a recent speech, he called out conservatives To reject Trump’s “siren song of populism.” But Ramaswamy attacked Pence in the first debate by declaring “it’s not morning in America,” a reversal of Reagan’s famous 1984 campaign slogan — and said Reagan-leaning Republicans were not out with a Trump-dominated party.

“The sad thing is, I don’t know how many of them will get it — Ronald Reagan couldn’t get the Republican nomination today,” said former Republican New Jersey Gov. Christine Todd Whitman. The centrist forward joins forces with Democratic Voices to promote the party. “He wasn’t far enough there.”

___

Weissert reported from Washington. Associated Press writer Thomas Beaumont in Des Moines, Iowa, contributed to this report.

Sen. Menendez is scheduled to make his first court appearance on bribery charges on Wednesday

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John Angelillo/UPI/Shutterstock

New Jersey’s Senate is a Democrat. Robert Menendez arrives in Manhattan federal court Wednesday, Sept. 27, 2023, in New York City.



CNN

As fellow Senate Democrats call for his resignation, Sen. Bob Menendez He came to federal court Wednesday morning in New York for his initial appearance fee The alleged bribery plot involved gold bars, hundreds of thousands of dollars in cash, a luxury car and the passing of sensitive information to the Egyptian government.

Menendez is charged with three counts of bribery to use his political power and connections to help the Egyptian government obtain military aid, to pressure a prosecutor investigating New Jersey businessmen and to influence the federal prosecution of a co-defendant. .

The senator will appear before a federal judge along with his wife, Nadine, and two other co-defendants charged in the case. Vel Hana, accused in the conspiracy, Innocent On Tuesday.

More than 20 Democratic senators, Including his fellow New Jersey Senator Cory Booker, have called for Menendez to step down. Menendez, who is up for re-election next year, has already stepped down as chairman of the Foreign Relations Committee.

Asked Tuesday why he would not resign, Menendez told reporters: “Because I’m innocent. What’s wrong with you?”

In a statement Monday, Menendez insisted he would be freed “when all the facts are presented” and said he had withdrawn hundreds of thousands of dollars from his savings over three decades. For emergencies.

Federal agents searched Menendez’s home and found nearly $500,000 in cash — including stacks of cash inside jackets emblazoned with his name.

According to the indictment, Menendez — through his girlfriend and now-wife Nadine Menendez — established a relationship with Hana, who allegedly maintained close ties to Egyptian officials.

Hana and Nadine allegedly arranged meetings with Menendez and Egyptian officials seeking military sales and financing, which, as head of foreign relations, Menendez wielded significant influence.

According to the indictment, Menendez and his wife promised to use the senator’s position to help facilitate the sale.

The indictment alleges that Menendez used his political power to pass highly sensitive information to Egyptian officials, helped draft a letter from the Egyptian government requesting U.S. aid, and signed off on military sales to Egypt.

Menendez is accused of taking a bribe in the form of a luxury car for his wife to pressure a New Jersey state attorney overseeing the investigation into two New Jersey businessmen linked to one of Menendez’s co-defendants.

In 2015, Menendez was indicted on corruption and bribery charges unrelated to the recent charges. Two years later the case ended in a mistrial after a jury said it was deadlocked. Later, the judge overseeing the case acquitted Menendez on some counts, while the Justice Department refused to retry him on others.

LIVE NEWS: Hollywood Writers Guild ends strike after winning new 3-year contract

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What to see in Europe today

Spain: Parliament has voted down Alberto Núñez Feijo, the popular leader of the country’s conservative opposition party, to become the next prime minister.

Economic Indicators: Germany’s GfK Consumer Climate Survey is expected to give a sense of the eurozone’s largest economy

Results: Updates are expected from Jefferies, Saga and fast-fashion retailer H&M, whose shares suffered earlier this month when it posted weaker-than-expected sales figures.

Tight supply and interest rate concerns are pushing up oil prices

A woman holds a petrol can in Leyton, East London
OPEC, a cartel of petroleum producers, has forecast a supply shortfall this year, while improving economic data from the US and China indicated global demand would rise. © Dolka Akmen/AFP via Getty Images

Crude oil prices rose on Wednesday on fears of tightening supplies and rising interest rates.

International benchmark Brent crude rose 0.9 percent to $94.78, while U.S. equivalent West Texas Intermediate rose by the same margin to $91.18.

OPEC, the cartel of petroleum producers, is forecasting a supply shortfall this year, while signs of better economic performance in the US and China have boosted expectations for global demand.

Those considerations outweigh concerns over hawkish U.S. Federal Reserve warnings that interest rates may be higher than initially expected.

Hollywood Writers Guild ends strike after securing new 3-year contract

The Writers Guild of America has secured a new three-year contract following a nearly 150-day strike, meaning Hollywood can now focus on ending the actors’ strike.

The guild’s western and eastern units voted to accept a deal with the studios. It then said the strike would end one minute after midnight on Wednesday.

Writers have had amazing successes in using artificial intelligence. Studios and streamers have agreed to pay writers higher residuals or royalties depending on how well the streaming shows do.

Members of the 160,000-strong Screen Actors Guild are on strike, but there is growing hope that talks will resume now that the writers’ strike is over.

Australia’s inflation rate is being accelerated by higher food and petrol prices

Jars of Vegemite spread sit on a shelf in a grocery store in Melbourne
Australia’s inflation rate rose as food and petrol prices rose, the official statistics agency said on Wednesday. © Carla Gottgens/Bloomberg

Australia’s inflation rate accelerated in the 12 months to August, as food and petrol prices rose, according to official data released on Wednesday.

The Australian Bureau of Statistics said the consumer price index rose to 5.2 per cent from 4.9 per cent in July. Annual inflation is below the December 2022 peak of 8.4 percent, the ABS noted.

Robert Cornell, head of Asia-Pacific research at ING, attributed the rise to “a combination of core effects depreciation, and higher petrol and food prices” after a “surprising decline” in July from 5.4 percent in June.

What to see in Asia today

Capital Markets: Dubai Financial Market, the UAE stock exchange, is hosting its third International Investor Roadshow of the year in Singapore. “We are seeing strong appetite from global investors looking to access emerging capital markets in Dubai,” said Hamad Ali, chief executive of DFM and Nasdaq Dubai. That is why we have decided to hold our third roadshow this year in Singapore. DFM was presented to investors in January in New York and in June in London.

Events: Howard Lee, deputy chief executive of the Hong Kong Monetary Authority, is a keynote speaker at the structured product finance conference ABS Asia, which will return post-Covid to the JW Marriott in Hong Kong. The two-day fintech festival opens at Siam Paragon in Bangkok. The Bank of Japan publishes minutes of its July monetary policy meeting.

Economic data: Australia releases August inflation figures, while Chinese industrial profits and Japanese machine tool orders are released in the same month.

US Senate to propose government funding deal ahead of deadline

US Senate Majority Leader Chuck Schumer of New York speaks to reporters on Capitol Hill.
US Senate Majority Leader Chuck Schumer of New York speaks to reporters on Capitol Hill. He said the deal would fund the government until mid-November © Maryam Zuhaib/AP

US Senate leaders have struck a deal to keep funding the federal government and avoid a shutdown ahead of this weekend’s deadline, but the compromise measure faces an uncertain future in the Republican-controlled House of Representatives.

Chuck Schumer, the Senate’s top Democrat, announced the deal late Tuesday. The “temporary solution” would fund the government until mid-November and provide billions of dollars to support the war effort in Ukraine and provide disaster relief to parts of the United States devastated by wildfires and floods.

Democrats, who control the Senate by a razor-thin margin, are expected to approve the deal in the coming days.

Costco says retail theft is not a ‘major problem’ after better-than-expected results

Retail theft is not a “major issue” at Costco, the company said Tuesday after it beat Wall Street’s earnings expectations.

Richard Kelanti, the company’s chief financial officer, told analysts that shrinkage — an industry term that includes shoplifting, employee theft, organized retail crime and process errors — increased a few percentage points year over year, likely due to higher usage. Self-checking technology. He said theft levels are already low.

The comments come as Target announced on Tuesday it was closing nine stores due to high levels of “theft and organized retail crime.”

Costco earned $4.86 per share in its fourth quarter on revenue of $78.9bn, up 8.6 per cent year-on-year.

Donald Trump committed fraud by inflating real estate values, New York judge rules

Donald Trump, center, greets attendees of the 2022 event at the Mar-a-Lago Club
Donald Trump greeted attendees at the 2022 event at the Mar-a-Lago Club in Palm Beach, center, a New York judge said. © Eva Marie Uzcategui/Bloomberg

A New York judge ruled Tuesday that Donald Trump, his eldest sons and his business organization were responsible for wildly inflating the value of properties in Manhattan and Mar-a-Lago, as well as golf courses in the United States and Scotland.

Judge Arthur Engron on Tuesday ruled that the former president and his associates engaged in what “can only be considered fraud” and issued sanctions against Trump’s lawyers. A jury will decide the punishments, he said.

The order was issued days before a lawsuit brought by the New York Attorney General was scheduled to go to trial.

Read more about Trump’s real estate Here.

US stocks sank on the prospect of extended high interest rates

On Tuesday, global stocks sold off as investors braced for a long wait for higher interest rates, while the dollar rose to a 10-month high and Treasuries sold off.

Wall Street’s benchmark S&P 500 fell 1.5 percent, while the technology-focused Nasdaq Composite fell 1.6 percent, both hitting their lowest levels since early June.

The recent slide in stocks comes as investors have raised expectations that the Federal Reserve will keep interest rates high for longer. Bets on rate cuts in the coming year eased as traders fretted over whether the U.S. Federal Reserve would raise interest rates by an additional quarter-point in a policy-tightening cycle.

Read more about market movements Here.

Government shutdown: Senate leaders reach deal on short-term spending bill to avoid shutdown

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CNN

Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell cut a deal and are spinning off a 79-page short-term spending bill to keep the government open by Saturday, according to a draft obtained by CNN.

With government funding set to expire at midnight Saturday, there is no guarantee the Senate stopgap bill will pass the House as a caucus of conservatives continues to fight against the prospect of a short-term funding extension.

Schumer said earlier Tuesday that the short-term funding bill would include some aid for Ukraine and areas affected by natural disasters, despite some GOP opposition to including foreign aid in the law.

“We will continue to fund the government at current levels while maintaining our commitment to Ukraine’s security and humanitarian needs and ensuring that victims of natural disasters across the country receive the resources they need,” he announced on the Senate floor.

Adding aid to Ukraine is at odds with the House, where many conservative Republicans oppose sending more aid to the war-torn country.

Earlier Tuesday, House Speaker Kevin McCarthy told reporters that funding for Ukraine should not be included in a short-term spending package and should instead be a full bill.

“Will it be in CR? My answer is no, it should be dealt with in a supplement,” the California Republican said, a reference to the continuing resolution, or CR, which is a short-term funding annex.

“I don’t understand that when all these people around the country are talking about the challenges that are happening in America today, people are going to go and say, ‘Oh, we should go to Ukraine and ignore what’s happening on our border.’ I think that’s the wrong approach,” he said.

McCarthy was undecided whether he would put stopgap measures passed by a bipartisan Senate to avoid a strike on the floor this week ahead of the deadline.

Now that the Senate has released its own stopgap measure, the chamber must still pass it before it is sent to the House, and any senator can pass it under tight time constraints.

Meanwhile, since the GOP lacks the votes to pass the stopgap bill, McCarthy is focusing on an effort earlier in the week To advance recurring expenditure billsincluding the Departments of Defense and Homeland Security.

Passage of those bills won’t end the shutdown over the weekend, but McCarthy hoped the pace of the measures could shift enough holdouts to support the Republican stopgap bill as conservatives demand passage of a full year’s worth of funding bills. Still, it’s unclear even those bills can advance amid deep divisions within the House Republican caucus.

McCarthy is expected to face another test of his leadership on Tuesday, as House GOP leadership plans to hold a procedural vote to advance those measures. Expected votes will come after the hardliners A similar practice lost the vote A defense bill last week caused major embarrassment for House GOP leaders. All eyes will be on the mansion to see if the scene repeats itself.

Check out this interactive content on CNN.com

On Tuesday, McCarthy again lashed out at the hardliners who took over the party last week and would not support a practical movement to move forward. When pressed this week on whether he believed they would be in line, he criticized their efforts as counterproductive. “I don’t understand why anyone would block the ability to secure the border, and I think that’s the wrong position if they want to stand with President Biden by keeping the border open.”

McCarthy indicated that if the House can pass a series of spending bills lined up for consideration this week, he will put a stopgap measure on the floor that includes border provisions.

“If we hit these next four, that would be 72% of all discretionary spending. This week I will put a continuing resolution on the floor that will protect our border,” he told reporters.

McCarthy insisted that a government shutdown was the worst option and warned his conference of the dangers of that strategy. “I don’t think the strikes will ever help,” he said.

The Senate is set to hold an early procedural vote on Tuesday evening to advance the House-passed Federal Aviation Administration reauthorization bill — which could be used as a legislative vehicle for the Senate’s stopgap bill to prevent a shutdown.

Because the FAA’s current authority expires at the end of September, a stopgap funding extension could be incorporated into the FAA bill, creating another deadline for lawmakers to act.

A shutdown would have major ramifications that would be felt across the country. If that happens, many government activities will be suspended, while some services deemed “essential” will continue.

Government operations and services that continue during the shutdown are deemed necessary to protect public safety and national security, or are deemed important for other reasons. Examples of services that have continued during past shutdowns include border security, federal law enforcement, and air traffic control.

The White House on Tuesday highlighted the “damaging effects” of the shutdown, which undermines national security, pointing to 1.3 million active duty military members who will not be paid until the shutdown ends and layoffs of civilian Defense Department employees.

This story and headline have been updated with additional information.