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Taliban Supreme Leader Mawlawi Hibatullah Akhundzada made a surprise appearance at an ongoing conference of Islamic clerics in Kabul, Afghanistan, declaring Islam “the religion of peace” while declaring that the Taliban “hopes for martyrdom” and celebrates the success of “our jihad.” Akhundzada has taken great care not to be seen in public. His remarks at the conference surfaced through Taliban media outlets like the Bakhtar News Agency and via spokesmen such as top Taliban representative Zabihullah Mujahid. The Taliban allowed friendly outlets to public audio, but not photos, of the event and reportedly blocked independent media from attending the event. Taliban officials convened thousands of Islamic clerics, Afghan media reported , to discuss political solutions to the nation’s problems. The jihadist organization banned women from the event, insisting that their “sons” would represent their wishes on issues such as banning girls from schools and women from working outside of … [Read more...] about Taliban Chief Takes Victory Lap at Afghan Cleric Summit

TikTok, the popular video app, is again in the crosshairs of US officials, with a high-ranking regulator and a group of lawmakers taking aim at national security concerns the Chinese-owned service may pose. Earlier this week, Federal Communications Commissioner Brendan Carr, a Republican appointed during former President Donald Trump's administration, revealed that he had asked Apple and Google to remove TikTok from their app stores. The reason: the app collects data from users that poses risk to America's national security. "It is not just an app for sharing funny videos or memes," read Carr's letter to Apple CEO Tim Cook and Google CEO Sundar Pichai. "That's the sheep's clothing." Google declined to comment. Apple didn't respond to a request for comment. Separately, nine Republican US senators, including Roy Blunt of Missouri and Marsha Blackburn of Tennessee, sent a letter to TikTok expressing concern over a report the company had given officials in Beijing "backdoor … [Read more...] about US Officials Call TikTok a National Security Threat. Here’s What You Need to Know

We have put to rest the first half of 2022, and we cannot say we’ll miss it. The stock market suffered its worst first half since 1970, with the S&P 5000 falling nearly 20 percent since the start of the year. The broad index is down 21 percent from its high in early January and has been in bear market territory since early June. There are some who will take comfort in the fact that the 1970 first quarter bear market was followed by a solid rebound. We are not so confident. The effective Fed Funds rate at that time was dropping from 9.25 percent in December of 1969 to 4.74 percent in December of 1970. In other words, the Fed was loosening the stance of monetary policy. Today, we have the opposite, with the Fed rapidly tightening to get inflation under control. So, we are in an unusual situation in which the economy is very likely shrinking for a second consecutive quarter while the Fed is raising rates. Federal Reserve Board Chairman Jerome Powell speaks at a news … [Read more...] about Breitbart Business Digest: The Incredible Shrinking Biden Economy