US Business

Texas law against blocking online posts on hold for now

The US Supreme Court on Tuesday put back on hold a controversial Texas law barring social media platforms from “censoring” posts based on viewpoints.

The law threatens to essentially make it a crime for social media platforms to curb hate speech or bigoted tirades, or even point out when posts are demonstrably false.

Political conservatives have accused Facebook, Twitter and other social media giants of stifling their voices, providing no evidence to support the claims.

Social media platforms have consistently defended themselves against such accusations, saying content moderation decisions are based on factors such as risk of real-world harm.

Former US president Donald Trump was booted from Facebook and Twitter after a group of his supporters attacked the Capitol on January 6, 2021 in an attempt to prevent his rightly elected successor Joe Biden from taking office.

People died during the attack, and there were concerns Trump would use social media to incite further violence.

The Texas law bars social media platforms with more than 50 million users from banning people based on their political viewpoints.

NetChoice trade association, whose members include Amazon, Facebook and Google, challenged the law and convinced a federal court in Texas to stop it from being enforced until it was resolved whether it runs afoul of the US Constitution’s First Amendment.

An appeals court later sided with Texas, saying the state could go ahead with the law, prompting the matter being taken to the Supreme Court.

The top court in the United States on Tuesday backed the original decision to put Texas law HB 20 on hold while the question of whether it should be tossed out completely is resolved.

“Texas’s HB 20 is a constitutional trainwreck — or, as the district court put it, an example of ‘burning the house to roast the pig,'” NetChoice counsel Chris Marchese said in a release.

“Despite Texas’s best efforts to run roughshod over the First Amendment, it came up short in the Supreme Court.”

NetChoice welcomed the decision, which sends the case back to a district court in Texas to hear arguments regarding the law’s constitutionality.

In its original decision about the stay, the district court said social media platforms have a right to moderate content disseminated on their platforms, and that a provision against putting warning labels on misinformation even risked violating the free speech rights of internet firms.

“Texas’s law violates the First Amendment because it compels social media companies to publish speech they don’t want to publish, and because it prevents them from responding to speech they disagree with,” said attorney Scott Wilkens at Columbia University’s Knight First Amendment Institute.

“In addition, the theory of the First Amendment that Texas is advancing in this case would give government broad power to censor and distort public discourse.”

14 miners trapped in Colombian coal mine

Fourteen miners are trapped in a coal mine in northern Colombia after an underground explosion, the mayor of the town said on Tuesday.

A miner who was above ground at the time was injured by the explosion Monday afternoon, sustaining “burns all over his body,” according to mayor Manuel Pradilla of Zulia, near the Venezuelan border. 

The man was in a stable condition in hospital. 

“We are not losing hope, we hope that the 14 trapped people can be found alive,” Pradilla told Colombian TV.

Family members of the missing miners gathered at the site, many in tears, waiting for news from rescue workers searching for survivors. 

The cause of the blast was as yet unknown. 

Mining and crude oil represent Colombia’s main exports.

Latin America’s fourth largest economy recorded 148 fatalities in mining accidents in 2021. 

K-pop supergroup BTS 'devastated' by US hate crimes

South Korean K-pop sensations BTS didn’t sing a word but in a White House visit Tuesday to meet President Joe Biden the supergroup’s message against anti-Asian racism came loud and clear.

The seven stars, dressed in matching dark suits and ties, with white shirts, joined White House Press Secretary Karine Jean-Pierre at the briefing room podium — a tiny, but powerful stage.

The singer Park Ji-min, better known as Jimin, said through a translator that the group is “devastated by the recent surge of hate crimes” in the United States.

Another member, Suga, appealed for tolerance, saying, “It’s not wrong to be different. I think equality begins when we open up and embrace all of our differences.”

Group members did not take questions from reporters before going into a meeting with Biden and, according to the White House, recording “digital content.”

Outside the mansion’s grounds on the other side of a tall black fence, fans who dub themselves the “Army” gathered in hopes of a glimpse.

The brief appearance before journalists itself reportedly garnered more than 300,000 viewers on the White House’s YouTube channel, more than 10 times the traffic on a day when the only people watching events in the briefing room are mostly media or political professionals.

It was certainly something new for economic policy advisor Brian Deese, who had been scheduled to brief reporters on Biden’s fight against US inflation right after the group left.

“I get to go home and tell my kids that BTS opened for me,” he said to laughter.

– ‘Youth ambassadors’ against hate –

Biden issued the invitation to “discuss the need to come together in solidarity, Asian inclusion and representation, and addressing anti-Asian hate crimes and discrimination, which have become more prominent issues in recent years,” the White House said.

Anti-Asian sentiment and violence in America have grown during the coronavirus pandemic in a phenomenon many blame on fallout from the Covid-19 pandemic.

Biden’s Republican predecessor Donald Trump often blamed the pandemic, which originated with an outbreak in Wuhan, China, as “the China virus” and also mocked the deadly virus as “kung flu.”

Just in 2021, hate crimes against Asians shot up 339 percent, according to the Center for the Study of Hate and Extremism. 

The trend stands out within a general rise in violent crime, with the ugliest incident taking place in the Atlanta area, where a man shot dead eight people at massage spas, six of them Asian women.

The White House praised BTS’s floppy haired, stylish stars as “youth ambassadors who spread a message of hope and positivity across the world.”

Band members, all in their 20s and who frequently appear wearing earrings and lipstick, have given a voice worldwide to a generation comfortable with gender fluidity.

They are credited with generating billions for the South Korean economy, and their label enjoyed a surge in profits despite holding fewer concerts during the pandemic.

Biden, who at 79 is the oldest person to become president, has often reached out to young celebrities and social media influencers to try and inject some glamor into his team’s messaging on social and health issues.

These included pop singer Olivia Rodrigo and the Jonas Brothers in campaigns to persuade young Americans to get their Covid-19 vaccines.

Eurozone stocks sink as inflation accelerates to record high

Global stocks mostly fell Tuesday with Wall Street failing to extend a rally and Eurozone bourses tumbled on news that the region’s inflation rate hit another record high in May.

Consumer prices in the eurozone rose by 8.1 percent in May, compared with 7.4 percent in April, official data showed, with energy surging the fastest.

The uninterrupted rise in prices in the wake of Russia’s invasion of Ukraine has heaped pressure on the European Central Bank to speed up interest rate increases, as it prepares to raise borrowing costs for the first time in over a decade.

Adding to the woes: Monday’s agreement by the European Union late Monday for a partial embargo of Russian oil imports pushed Brent oil prices, the European benchmark, worsening inflation worries.

“Higher inflation rates will raise serious question marks about the ECB’s viewpoint on whether gradual rate increases will be enough to deal with such high price growth,” market analyst Fawad Razaqzada from City Index and FOREX.com said.

“Investors are starting to project a faster pace of tightening from the ECB, which could be another factor holding stocks back.”

Bourses in Paris and Frankfurt both dropped more than one percent.

Wall Street also retreated following a lackluster session, the first in a holiday-shortened week.

US shares spent most of the day in the red as investors digested data showing consumer confidence slipped in May as Americans expressed greater unease about the job market, though they remained relatively upbeat even as high inflation bites.

The losses were a disappointment after US stocks last week finally mustered weekly gains after about a month of losses.

“US stocks declined as investors stared at an inflation wall of worry and uncertain Fed tightening path,” said Oanda’s Edward Moya. “In the US, it is too early to be confident in saying that the peak of inflation is in place.”

This week’s economic calendar includes surveys with readings on the American manufacturing and services sectors, as well as the May government jobs report.

– Brent oil tops $124 –

In reaction to the EU’s partial embargo, Brent oil briefly broke above $124 per barrel and WTI crude breached $119.

European chiefs said the latest sanctions would ban purchases of Russian oil delivered by sea, though there would be a temporary exemption for crude received by pipeline.

While widely expected, the agreement adds further upside to crude just as China begins to ease Covid restrictions in Shanghai and Beijing, raising the likelihood of a jump in demand from the world’s number-two economy.

– Key figures at around 2040 GMT –

New York – Dow: DOWN 0.7 percent at 32,990.12 (close)

New York – S&P 500: DOWN 0.6 percent at 4,132.15 (close)

New York – Nasdaq: DOWN 0.4 percent at 12,081.39 (close) 

Frankfurt – DAX: DOWN 1.3 percent at 14,388.35 (close)

Paris – CAC 40: DOWN 1.4 percent at 6,468.80 (close)

London – FTSE 100: UP 0.1 percent at 7,607.66 (close)

EURO STOXX 50: DOWN 1.4 percent at 3,789.21 (close)

Tokyo – Nikkei 225: DOWN 0.3 percent at 27,279.80 (close)

Hong Kong – Hang Seng Index: UP 1.4 percent at 21,415.20 (close)

Shanghai – Composite: UP 1.2 percent at 3,186.43 (close)

Euro/dollar: DOWN at $1.0739 from $1.0779 on Monday

Pound/dollar: DOWN at $1.2603 from $1.2652

Euro/pound: DOWN at 85.18  pence from 85.20 pence

Dollar/yen: UP at 128.72yen from 127.59 yen

Brent North Sea crude: UP 1.0 percent at $122.84 per barrel

West Texas Intermediate: DOWN 0.3 percent at $114.67 per barrel

burs-jmb/hs

Workers recall rape, beatings at VW Brazil unit: prosecutor

Victims forced to work in slave-like conditions at a Brazilian property owned by Volkswagen during the country’s dictatorship recount “grave and systematic” abuses, including rapes, beatings and being tied to trees, a prosecutor said Tuesday.

The German carmaker is facing legal action in Brazil over allegations of rampant human-rights violations at a large farm it ran in the Amazon rainforest basin in the 1970s and ’80s under the country’s then military regime, media in Germany reported Sunday.

The lead prosecutor on the case, Rafael Garcia, told AFP that investigators had collected depositions from victims who were lured to the farm with false promises of lucrative jobs, then forced to cut down the jungle under grueling conditions against their will to make way for Volkswagen’s cattle ranch, which became the biggest in the northern state of Para.

“Workers who tried to escape were beaten, tied to trees and left there for days,” he said.

“Those who tried to slip into the forest never came back — there were simply stories that they had been killed. Workers were systematically, physically abused.”

Garcia said a task force of investigators had spent three years assembling evidence in the case, after a local Catholic priest came forward with horrifying accounts of abuse at the property he had compiled over the years.

The task force’s report contains a chilling series of allegations from former workers at the farm in southern Para, known as Fazenda Vale do Rio Cristalino, where armed guards reportedly kept violent watch over a workforce that prosecutors estimate numbered in the hundreds.

“One worker tried to escape, but the gunmen caught him. As punishment, they kidnapped his wife and raped her,” it says, citing three witness’ testimony.

“Another worker tried to flee and was shot in the leg. Yet another was left bound and naked.”

The workers were kept in “debt-slavery” by being forced to buy food and supplies from the farm store at exorbitant prices, and some died of malaria with no access to medical care, Garcia said.

Prosecutors have summoned Volkswagen for an initial audience on June 14, where they will attempt to reach a settlement, he said.

If that fails, the company could face charges.

In 2020, Volkswagen agreed to pay 36 million reais ($6.4 million at the time) in compensation for collaborating with Brazil’s secret police during the dictatorship (1964-1985) to identify suspected leftist opponents and union leaders, who were then detained and tortured.

K-pop super band BTS says 'devastated' by US hate crimes

South Korean K-pop supergroup BTS used a White House visit Tuesday to call out a growth in anti-Asian hate crimes in the United States.

The singer Park Ji-min, better known as Jimin, said through a translator ahead of a meeting with President Joe Biden that the group is “devastated by the recent surge of hate crimes.”

Another member, Suga, appealed for tolerance, saying, “It’s not wrong to be different. I think equality begins when we open up and embrace all of our differences.”

All seven members of the K-pop sensation took to the White House briefing room podium, briefly addressing reporters who were assembled for the daily back-and-forth with Press Secretary Karine Jean-Pierre.

Dressed in matching dark suits and ties, with white shirts, the boy band came to the White House with a serious message.

Biden issued the invitation to “discuss the need to come together in solidarity, Asian inclusion and representation, and addressing anti-Asian hate crimes and discrimination, which have become more prominent issues in recent years,” the White House said.

Anti-Asian sentiment and violence in the US have grown during the coronavirus pandemic in a trend many blame on fallout from the Covid-19 pandemic.

Biden’s Republican predecessor Donald Trump often blamed the pandemic, which originated with an outbreak in Wuhan, China, as “the China virus” and also mocked the deadly virus as “kung flu.”

The trend stands out within a general rise in violent crime, with the ugliest incident taking place in the Atlanta area, where a man shot dead eight people at massage spas, six of them Asian women.

The White House praised BTS’ floppy haired, stylish sensations as “youth ambassadors who spread a message of hope and positivity across the world.”

Band members, all in their 20s and who frequently appear wearing earrings and lipstick, have given a voice to a generation comfortable with gender fluidity.

They are credited with generating billions for the South Korean economy, and their label enjoyed a surge in profits despite holding fewer concerts during the pandemic.

Biden, who at 79 is the oldest person to become president, has often reached out to young celebrities and social media influencers to try and inject some glamor into his team’s messaging on social and health issues.

These included pop singer Olivia Rodrigo and the Jonas Brothers in campaigns to persuade young Americans to get their Covid-19 vaccines.

Russia closes in on key city as EU clinches oil deal

Russian forces now control “most” of eastern Ukraine’s key city of Severodonetsk, a regional governor said Tuesday, while EU leaders were split over banning gas from Moscow after agreeing to embargo most of its oil.

Ukraine meanwhile pushed on with an investigation into war crimes since the Russian invasion. Officials said thousands had been committed in the eastern Donbas region alone and that it had jailed two Russian soldiers elsewhere in the country. 

Severodonetsk is one of the industrial hubs that lie on Russia’s path to capturing the Donbas’s Lugansk region, where Moscow has shifted the bulk of its firepower since failing to capture Kyiv in the war’s early stages.

“Unfortunately, today, Russian troops control most of the city,” Lugansk governor Sergiy Gaiday said in a video, insisting Ukraine’s military was not in danger of being surrounded.

He added that “90 percent” of Severodonetsk had been destroyed.

Gaiday also warned that Russian forces had hit a tank containing nitric acid at a Severodonetsk chemical plant and called on people to stay in their shelters.

EU leaders meeting for a second day in Brussels were only partly successful in tightening the economic screws on Moscow.

A compromise oil embargo deal reached late Monday, meant to punish Russia for its invasion, cuts “a huge source of financing for its war machine”, European Council chief Charles Michel tweeted.

– Talks on gas embargo –

But the EU remained divided on the issue of gas supplies, and leaders played down the chances of a rapid ban to follow the embargo on two-thirds of oil imports from Russia.

Europe relies on Russian gas for some 40 percent of its supplies, and a ban would add to the existing pain from an energy and inflation crisis.

European Commission chief Ursula von der Leyen suggested Brussels had gone far enough for now against Russian fossil fuels and that it was time to focus more on the “financial and the economic sector”.

The oil ban “will effectively cut around 90 percent of oil imports from Russia to the EU by the end of the year”, she said.

The compromise oil deal exempts deliveries by pipeline, after Hungarian Prime Minister Viktor Orban warned halting supplies of cheap Moscow crude would wreck his nation’s economy.

“Families can sleep peacefully tonight, we kept out the most hair-raising idea,” Orban, whose country borders war-torn Ukraine to the west, said in a video message.

Denmark became the latest European country to be targeted by Russia over gas exports in the meantime, following in the footsteps of the Netherlands, Finland, Poland and Bulgaria.

Danish energy firm Orsted said Tuesday that Russian energy monopoly Gazprom Export would cut gas supplies on Wednesday after the Danish company refused to pay in rubles as the Russian government demands.

– ‘Save your lives’ –

The situation on the eastern frontline in Donbas has become increasingly desperate, with Ukrainian towns facing near constant shelling from Russian forces.

“We see some cars driving around with Ukrainian flags, so we figure that means we are still part of Ukraine,” said Yevgen Onyshchenko, a 42-year-old plumber in a powerless apartment in Severodonetsk’s twin city Lysychansk.

“But otherwise, we are in the dark.”

French journalist Frederic Leclerc-Imhoff was killed while covering civilian evacuations in the area on Monday.

An overnight rocket attack killed at least three people and wounded six in the city of Sloviansk, Donetsk regional governor Pavlo Kyrylenko said Tuesday on Telegram.

“There are no safe places in the Donetsk region, so I call again: evacuate — save your lives,” he said.

Four more civilians died and seven were injured in Donetsk on Tuesday, he added in a later Telegram post.

Ukraine’s prosecutor general said authorities had identified a “few thousand” cases of war crimes in the Donbas, including murder, torture and the forced displacement of children.

Prosecutor Iryna Venediktova, who met international counterparts in The Hague on Tuesday, said Kyiv was already going to prosecute 80 suspects for alleged war crimes on Ukrainian soil.

A Ukrainian court on Tuesday jailed two Russian soldiers for 11 and a half years for shelling civilian areas. Earlier this month, another was jailed for life for murdering a civilian.

Servicemen Alexander Bobykin and Alexander Ivanov were both convicted Tuesday of firing Grad missiles on two villages in the northeastern Kharkiv region in the early days of the war.

– Odessa blockade proposal –

Russia’s invasion of its pro-Western neighbour is also threatening a global food crisis, with Ukraine’s huge grain harvest effectively taken off the world market. 

French President Emmanuel Macron said Tuesday that he and German Chancellor Olaf Scholz had urged Vladimir Putin to end Russia’s blockade of the Ukrainian port of Odessa under the terms of a UN resolution.

Under the proposal, a UN resolution would set up a framework under which mines laid by the port’s Ukrainian defenders could be removed, and grain shipments resume.

But Russian Foreign Minister Sergei Lavrov said it was up to the West and Kyiv to resolve the crisis, starting with the lifting of sanctions.

burs-dk/imm/bp

US warns talks on Yemen truce in 'trouble'

The United States warned Tuesday that talks on Yemen’s two-month truce were in “trouble” as it pushed for an extension to help support millions at risk.

Yemen’s Saudi-backed government and Iran-aligned Huthi rebels on April 2 entered a UN-brokered truce, the first since the brutal war broke out in 2016, but it expires on Thursday.

Talks to extend the pause in fighting “haven’t ended yet but seem to be in a bit of trouble,” said Linda Thomas-Greenfield, the US ambassador to the United Nations.

The talks impasse “is troublesome to us,” she told reporters.

“We encourage the parties on both sides to continue those efforts and find a peaceful way to provide needed humanitarian assistance to the people of Yemen.”

Secretary of State Antony Blinken also raised “efforts to strengthen and extend the truce in Yemen” during talks Monday with his Saudi counterpart, Foreign Minister Prince Faisal bin Farhan, the State Department said.

The war has killed hundreds of thousands of people and left millions on the brink of famine.

Aid groups have appealed for an extension of the truce, saying it has brought long-needed humanitarian dividends.

Earlier this month, the Norwegian Refugee Council said the number of civilian casualties in Yemen had dropped by more than half since the truce took effect.

The UN special envoy on Yemen, Hans Grundberg, last week also publicly urged progress and said that the truce had produced “tangible benefits.”

Biden, Fed chair discuss US inflation at White House

President Joe Biden held a rare White House meeting with the head of the Federal Reserve, Jerome Powell, on Tuesday to discuss soaring inflation and White House attempts to tame the politically damaging price surge ahead of midterm elections.

“I am meeting today to discuss my top priority: that is addressing inflation in order to transition from historic recovery to a steady growth,” Biden said.

Also joined in the Oval Office by Treasury Secretary Janet Yellen, Biden stressed to reporters that while the Fed has a “laser focus” on inflation, he does not intend to infringe on the central bank’s traditional independence.

“It starts with a simple proposition: respect the Fed, respect the Fed’s independence,” he said.

The White House said that the first Biden-Powell meeting this year would focus on inflation but in general “discuss the state of the American and global economy.”

This is Biden’s “top economic priority,” the White House said, “as we transition… to stable, steady growth that works for working families.”

Inflation of more than eight percent is casting a heavy shadow on Biden’s claims to be steering the US economy to health after the Covid-19-induced crash.

Employment is back near pre-pandemic levels and growth is strong, but savage price increases for essentials including food and fuel are driving growing public dissatisfaction.

The Fed has raised rates three quarters of a percentage point, kicking off what central bank officials say could be a series of hikes aimed at calming down the economy, although there are fears that the unintended result may be recession.

Federal Reserve Governor Christopher Waller said Monday that he backs several more half-point rate hikes — “until I see inflation coming down closer to our two percent target.”

According to a poll in mid-May by Pew Research Center, inflation is easily the biggest topic of concern for Americans, with 70 percent making it number one, compared to 54 percent listing violent crime. 

– Midterm elections pressure –

Biden is scrambling to ease the pressure on American consumers ahead of November midterm elections in which his Democrats are forecast to lose control of Congress to the Republicans.

Biden’s own approval ratings are barely in the 40 percent range, reflecting his inability to sell voters on his upbeat message of US economic recovery.

As the election approaches, Biden has pivoted to more aggressively trying to explain the inflation phenomenon as a byproduct of forces beyond his control.

These include the Russian invasion of Ukraine, which triggered Western sanctions disrupting the huge Russian energy industry. President Vladimir Putin’s invading forces, meanwhile, have all but put a halt to Ukraine’s important wheat exports.

Biden calls the effect “Putin’s price hike.”

Writing in the Wall Street Journal on Monday, Biden underlined the importance of not interfering in the Federal Reserve’s work.

Biden recalled that his predecessor Donald Trump frequently launched political attacks on the Fed and that other presidents had also “sought to influence its decisions inappropriately during periods of elevated inflation.”

“I won’t do this,” he pledged.

In the op-ed, Biden said his longterm plan for economic health includes easing the pace of post-Covid recovery to more sustainable levels, boosting economic productivity and reducing the federal budget deficit.

Republican National Committee Chairwoman Ronna McDaniel issued a statement on Biden’s Oval Office meeting, saying the president is “lying to hardworking Americans about the economy.”

“Under Biden, inflation and gas prices have only gone up and families are struggling to afford basic needs as a result.”

Biden, Fed chair discuss US inflation at White House

President Joe Biden held a rare White House meeting with the head of the Federal Reserve, Jerome Powell, on Tuesday to discuss soaring inflation and White House attempts to tame the politically damaging price surge ahead of midterm elections.

“I am meeting today to discuss my top priority: that is addressing inflation in order to transition from historic recovery to a steady growth,” Biden said.

Also joined in the Oval Office by Treasury Secretary Janet Yellen, Biden stressed to reporters that while the Fed has a “laser focus” on inflation, he does not intend to infringe on the central bank’s traditional independence.

“It starts with a simple proposition: respect the Fed, respect the Fed’s independence,” he said.

The White House said that the first Biden-Powell meeting this year would focus on inflation but in general “discuss the state of the American and global economy.”

This is Biden’s “top economic priority,” the White House said, “as we transition… to stable, steady growth that works for working families.”

Inflation of more than eight percent is casting a heavy shadow on Biden’s claims to be steering the US economy to health after the Covid-19-induced crash.

Employment is back near pre-pandemic levels and growth is strong, but savage price increases for essentials including food and fuel are driving growing public dissatisfaction.

The Fed has raised rates three quarters of a percentage point, kicking off what central bank officials say could be a series of hikes aimed at calming down the economy, although there are fears that the unintended result may be recession.

Federal Reserve Governor Christopher Waller said Monday that he backs several more half-point rate hikes — “until I see inflation coming down closer to our two percent target.”

According to a poll in mid-May by Pew Research Center, inflation is easily the biggest topic of concern for Americans, with 70 percent making it number one, compared to 54 percent listing violent crime. 

– Midterm elections pressure –

Biden is scrambling to ease the pressure on American consumers ahead of November midterm elections in which his Democrats are forecast to lose control of Congress to the Republicans.

Biden’s own approval ratings are barely in the 40 percent range, reflecting his inability to sell voters on his upbeat message of US economic recovery.

As the election approaches, Biden has pivoted to more aggressively trying to explain the inflation phenomenon as a byproduct of forces beyond his control.

These include the Russian invasion of Ukraine, which triggered Western sanctions disrupting the huge Russian energy industry. President Vladimir Putin’s invading forces, meanwhile, have all but put a halt to Ukraine’s important wheat exports.

Biden calls the effect “Putin’s price hike.”

Writing in the Wall Street Journal on Monday, Biden underlined the importance of not interfering in the Federal Reserve’s work.

Biden recalled that his predecessor Donald Trump frequently launched political attacks on the Fed and that other presidents had also “sought to influence its decisions inappropriately during periods of elevated inflation.”

“I won’t do this,” he pledged.

In the op-ed, Biden said his longterm plan for economic health includes easing the pace of post-Covid recovery to more sustainable levels, boosting economic productivity and reducing the federal budget deficit.

Republican National Committee Chairwoman Ronna McDaniel issued a statement on Biden’s Oval Office meeting, saying the president is “lying to hardworking Americans about the economy.”

“Under Biden, inflation and gas prices have only gone up and families are struggling to afford basic needs as a result.”

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