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News Wrap: Biden defends legacy on world stage in address
Clip: 1/13/2025 | 5m 37sVideo has Closed Captions
News Wrap: Biden defends legacy on world stage in address at State Department
In our news wrap Monday, President Biden defended his legacy on the world stage during an address at the State Department, the White House proposed export limits on computer chips used in artificial intelligence, China's exports grew sharply as companies rushed to lock in orders ahead of Trump's return and at least 100 people mining in South Africa died after being trapped underground for months.
Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
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News Wrap: Biden defends legacy on world stage in address
Clip: 1/13/2025 | 5m 37sVideo has Closed Captions
In our news wrap Monday, President Biden defended his legacy on the world stage during an address at the State Department, the White House proposed export limits on computer chips used in artificial intelligence, China's exports grew sharply as companies rushed to lock in orders ahead of Trump's return and at least 100 people mining in South Africa died after being trapped underground for months.
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Learn Moreabout PBS online sponsorshipwe start the news with the release of the Special council's Report into Hunter Biden David Weiss said that the criminal charges against the president's son were quote the culmination of thorough impartial investigations not partisan politics but he added that President Biden's pardon of his son in early December means he cannot say if Hunter Biden should have faced more charges the report comes at the end of a year's Long investigation into Hunter Biden that included charges related to gun and tax crimes turning now to President Biden's Legacy on the world stage the outgoing commanderin-chief defended his foreign policy record during an address at the state department this afternoon Biden highlighted his administration's efforts in the Middle East and Ukraine and he defended the chaotic 2021 withdrawal of US troops from Afghanistan which has been a common target for his critics in my view it was time to end the war and bring our troops home and we did I commend the courage of all those who served in Afghanistan we grieve all 2,461 Americans made the element sacrific in the longest war in American history and I agree those Brave service members who lives were lost during the withdrawal Biden also said that the US and its Global alliances are stronger than they were four years ago and that he's leaving the next Administration a very strong hand to play in world affairs the Biden Administration is proposing new export limit on computer chips that are used in artificial intelligence the framework would put restrictions on the number of chips that go to roughly 120 countries but nearly 20 nations would be exempt including allies like Japan and Britain the regulations also keep in place existing bans on us adversaries such as China and Russia Commerce Secretary Gina rundo says the goal is to safeguard AI Tech and quote ensure that it stays out of the hands of our foreign adversaries but industry advocate say the rules might disrupt Supply chains and hurt us companies it'll be up to the Trump Administration whether to follow through on the restrictions China's exports grew sharply last month as companies rushed to lock in orders ahead of Donald Trump's return to the White House exports jumped nearly 11% in December beating expectations that capped off a year that saw China's Trade Surplus reached nearly $1 trillion analysts believe American Shoppers are stockpiling Chinese Goods while they can Trump has threatened to impose tariffs on Chinese Imports upwards of 60% once he takes office again next week in South Africa at least a hundred people who were mining illegally have died after being trapped underground for months that's according to a group representing the miners which says a cell phone sent to the surface contained videos showing dozens of bodies wrapped in plastic it's believed they died of starvation or dehydration the abandoned gold mine has been in the sight of a standoff between police and miners since November when authorities first tried to force them out South African officials are working to bring the survivors to the surface illegal mining is common in parts of South Africa the Supreme Court said today it won't hear an appeal from oil and gas companies who want to block lawsuits related to climate change the order allows a case to proceed from the city of Honolulu that aims to hold BP shell and others liable for billions of dollars in Dam es linked to climate change also today the court denied a Utah lawsuit seeking to take control of nearly 19 million acres of land from the federal government it also Sid stepped two gun related cases one in Maryland related to handgun licenses and the other a challenge to Delaware's ban on assault style rifles and the court upheld a state house district in North Dakota that's located on an American Indian reservation in space news meanwhile blue or called off the debut launch of its massive new rocket early this morning minutes before blastoff standing 320 ft tall the uncrewed new Glenn is the company's first rocket that aims to bring satellites into orbit okay we've just been getting an update from Mission Control we are Sing Down today's launch attempt today's liftoff was cancelled after launch officials reported unspecified technical issues new Glenn is blue Origins attempt to rival Elon musk's SpaceX Rockets which have dominated the commercial market for such launches blue origin is headed by Amazon's Jeff Bezos officials have not yet announced a new launch date on Wall Street today stocks ended mixed to start the week the Dow Jones Industrial Average added more than 350 points on the day the NASDAQ fell about 70 points as investors turn cooler on tech stocks the S&P 500 managed a slight gain of just nine points still to come on the NewsHour Canada's ambassador to the United States discusses tensions with the incoming Trump Administration the chief us hostage negotiator on efforts to bring detained Americans home and our politics Monday team weighs in on President Biden's final week in [Music] office this is the PBS NewsHour from the David M Rubenstein Studio at w in Washington and in the west from the Walter kronite School of Journalism at Arizona State University
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Learn Moreabout PBS online sponsorshipMajor corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...