Biden on Ending Re-election Bid: Passing Torch to New Generation to Unite Country

- President Joe Biden has decided not to seek re-election, endorsing Vice-President Kamala Harris as his successor. - Biden announced his decision in a social media letter, citing the best interest of his party and the country. - Biden has not been seen in public since his Covid-19 diagnosis and plans to address the nation later this week. - Kamala Harris, who aims to become the first female president, has received endorsements from prominent Democrats including Bill and Hillary Clinton. - Biden's decision follows a period of intense debate within the Democratic Party and declining poll numbers against Donald Trump. Source: Financial Times

- On Saturday, Kamala Harris campaigned for Joe Biden in Cape Cod, Massachusetts, expressing confidence in defeating Donald Trump in November. - Biden announced the suspension of his re-election campaign, endorsing Harris, who confirmed her own bid for the White House. - Harris aims to unite the Democratic party and the nation to defeat Trump, with 107 days until Election Day. - Biden's endorsement and support from prominent Democrats solidify Harris as the frontrunner, though challenges and DNC rules remain uncertain. - Harris's potential presidency would mark historic firsts, including being the first female, Asian-American, and second Black president. Source: Financial Times

- Democratic megadonors are pressuring Joe Biden to exit the 2024 presidential race, threatening to halt campaign funding. - Key party figures like Chuck Schumer and Nancy Pelosi are being urged to convince Biden to step down, with some predicting he could be out by Monday. - Biden's struggles, including a recent COVID-19 diagnosis and poor debate performance, have intensified calls for his withdrawal. - Polls show Trump gaining a lead over Biden, further fueling concerns among Democratic donors and operatives. - Despite the pressure, Biden's campaign insists he is staying in the race, though some believe the push for his exit is now unstoppable. Source: Financial Times

He will win now, this image will be pushed all across.

- President Joe Biden faced immense challenges, including a pandemic, inflation, and global conflicts, but struggled to maintain political support. - Despite significant legislative achievements, Biden's age and a disastrous debate performance led to his withdrawal as the Democratic nominee. - Biden's presidency saw major economic recovery efforts, infrastructure investments, and initiatives to bolster U.S. manufacturing and climate resilience. - His tenure was marked by efforts to rebuild alliances and navigate complex global conflicts, but domestic divisions persisted. - Biden's legacy includes defeating Trump and significant policy accomplishments, though his political support waned due to age and public perception. Source: Economic Times, The Verge