Remembering Jesse Jackson, Ukraine/Russia Negotiations, More
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What is the significance of Jesse Jackson's legacy?
The Reverend Jesse Jackson, one of the most prominent civil rights activists, as well as a two-time presidential candidate and the founder of the Rainbow Push Coalition, has died at the age of 84. Fellow civil rights activist Al Sharpton talked about his friend.
Now, he was a hard taskmaster. He would always get on me about, why are you on this issue? You need to be more studied on this. But He was one who was more responsible than anyone for teaching me activism.
That's civil rights activist Al Sharpton. Jackson had disclosed back in 2017 that he had Parkinson's disease. Iran says it has reached a, quote, general agreement with the U.S. on the basis of a potential nuclear deal that would lift sanctions on Tehran. Iran's foreign minister, though, cautioned that the next stage would be, quote, more difficult and detailed. Axios is reporting that Iran is expected to present the U.S. with detailed proposals in the next two weeks to address some gaps in negotiations. Iran, meanwhile, closing the Strait of Hormuz for several hours to conduct military drills. Oil fell in the news of the positive negotiations to under $63 a barrel. A third round of U.S.-led negotiations on ending Russia's war on Ukraine began in Geneva today.
There is little optimism that a breakthrough can be reached to stop the more than four years of fighting. The talks are expected to address a wide range of issues, including territory, military, political and economic matters, and will continue for a second day on Wednesday. Bloomberg's Oliver Crook with more.
I think that the sort of expectations are fairly low from, you know, the sort of renewed effort with the trilateral talks that involve the United States, the Ukrainians and the Russians, where basically this is the third meeting in about three weeks. So there certainly has been an increase of the cadence of these sort of negotiations. That being said, again, you listen to Marco Rubio while he's been in Munich, while he's been in Budapest over the last couple of days. He's basically saying some days I feel better about it than others, but at the end of the day, you know, I'm not really in a position to say whether or not we're any closer to a resolution for this war.
That's Bloomberg's Oliver Crook. Democrats have sent a counteroffer to Republicans and the White House on their demands to rein in immigration enforcement with a shutdown of the Department of Homeland Security into a fourth day over the issue. Zach Cohen covers Congress for Bloomberg Industry Group.
Employees across the federal government, at least at DHS today, are coming into work either not with the promise of pay or to pick up their stuff and go home. This is obviously the first working day since the funding lapse over the weekend for the Department of Homeland Security, which covers not just ICE and Border Patrol agents that are at the center of this ongoing crisis. between Democrats and Republicans over policing practices of immigration enforcement, but also TSA, FEMA, cybersecurity, the Coast Guard are all facing this shutdown.
Bloomberg Industry Group's Zach Cohen says this DHS shutdown is likely to last several more days, if not weeks. Both houses of Congress are out of town all week for the President's Day holiday. Warner Bros. Discovery will reopen negotiations with Paramount Skydance after Paramount proposed raising its bid and sweetening other terms of its offer. Netflix, which is considered Warner Bros.' preferred bidder, has granted the board seven days to consider Paramount's proposal, which includes raising its bid to at least $31 a share, a dollar higher than its previous offer.
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