America Abbai Newsletter 9/4/24

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Top News

Students and staff gather next to the football field at Apalachee High School. (ABC Affiliate WSB via Reuters)

In a tragic school shooting at Apalachee High School in Georgia, four people, including two students and two teachers, were killed. The suspect, 14-year-old Colt Gray, is in custody and will be charged as an adult. Nine others were injured in the incident, which has led to the closure of Barrow County schools for the rest of the week. The investigation is ongoing, with federal and local authorities involved. This event has shocked the community, prompting responses from President Biden, Vice President Harris, and Georgia Governor Brian Kemp.

The Federal Reserve is poised to potentially cut interest rates for the first time in four years at its September 18 meeting. This would mark the end of its aggressive inflation-fighting campaign, with rates currently at a 23-year high of 5.25% to 5.5%. The anticipated rate cuts, possibly starting with a 25 basis point reduction, could usher in a new era of easier monetary policy, lasting through 2025-2026. However, concerns remain about inflation and the potential impact on the labor market and the broader economy.

Job openings in the U.S. dropped to their lowest level in 3.5 years in July, with 7.67 million available positions, marking a significant decline from June. This data indicates a cooling labor market, providing the Federal Reserve with more justification to consider lowering interest rates at its upcoming meeting. While layoffs increased, the report also showed a rise in hires, suggesting that the labor market isn't rapidly deteriorating but is showing signs of softening demand for workers.

Apple is set to reveal the iPhone 16 lineup at its “It’s Glowtime” event on September 9, 2024. The event will also highlight the company’s advancements in generative AI with the introduction of “Apple Intelligence,” which will enhance Siri’s functionality. Additionally, updates to AirPods and the Apple Watch are expected. The new AI features will be exclusive to iPhone 15 Pro models and newer due to hardware limitations. The event serves as a significant pre-holiday announcement opportunity for Apple.

On Day 7 of the 2024 Paris Paralympics, India secured four medals, including two golds. Harvinder Singh made history by becoming the first Indian archer to win a Paralympic gold in the men's individual recurve open event. Dharambir won gold in the men's club throw F51 final, setting an Asian record, while Pranav Soorma took silver in the same event. Sachin Sarjerao Khilari also earned a silver in the men's shot put F46 event. With these wins, India's medal tally rose to 24.

The "Indo-American Votes Matter" campaign, launched by the Foundation for India and Indian Diaspora Studies (FIIDS), seeks to increase Indian-American voter participation in the upcoming U.S. Presidential election. With the goal of registering at least one million voters, this campaign emphasizes the significant influence of the 4.5 million-strong Indian-American community, particularly in key swing states. Both Democratic and Republican parties are encouraged to recognize the electoral power of this demographic, especially in states like Florida, Georgia, and Texas.

Movie News

Actor and Andhra Pradesh Deputy Chief Minister, Pawan Kalyan, has pledged a donation of Rs. 6 crores for flood relief efforts in Andhra Pradesh and Telangana. This includes Rs. 1 crore each to the Chief Minister’s Relief Funds of both states. Additionally, he committed Rs. 4 crores to support 400 flood-affected Panchayats in Andhra Pradesh, with Rs. 1 lakh allocated per Panchayat. Although he didn't visit the affected areas, he monitored the situation and reviewed relief operations with officials in Vijayawada.

Fans of Ram Charan's Game Changer are growing frustrated due to the lack of updates on the film's release date. Despite speculation about a reveal on Ganesh Chaturthi, no confirmation has been made. Music composer Thaman addressed the negative trends initiated by fans, urging them to stay positive and trust the team's efforts over the past two years. He assured fans that an update would be provided soon and emphasized that negativity could harm the film's success. Game Changer stars Ram Charan, Kiara Advani, and SJ Suryah.

Thalapathy Vijay's upcoming film The GOAT is poised for a strong box office opening, with advance bookings in India reaching ₹35 crore for the first day and ₹70 crore for the four-day weekend. Internationally, the film has garnered ₹25 crore in advance bookings for the opening day and ₹35 crore for the weekend. Despite mixed reactions to the trailer and music, The GOAT is projected to earn around ₹60 crore on its opening day in India and could achieve a worldwide gross of ₹105-110 crore, making it the second-highest opening for a Tamil film after Leo.

The trailer for "Devara Part 1" is set to be released on September 10th. Jr NTR, Janhvi Kapoor, and Saif Ali Khan are anticipated to unveil it at a grand event in Mumbai. The film, directed by Koratala Siva, is generating a lot of excitement following the success of "RRR."

Theatre Releases

Source: Filmibeat

Movie

Release Date

GOAT

Sep 5th

35 Chinna Katha Kaadu

Sep 6th

Sundarakanda

Sep 6th

Janaka Aithe Ganaka

Sep 7th

Bhale Unnade

Sep 7th

Uruku Patela

Sep 7th

Streaming Dates

Source: Binged

Source: Binged

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