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

• US President Joe Biden announced he is stepping down from the presidential race, emphasizing the need for younger voices to unite the nation.
• Biden highlighted that his decision is in defense of democracy, urging voters to protect the country's democratic values.
• He endorsed Vice President Kamala Harris as his successor, praising her experience and capability to face Donald Trump in the upcoming election.
• Biden's withdrawal followed a poor debate performance and pressure from Democratic heavyweights, including Barack Obama and Nancy Pelosi.
• Despite stepping down, Biden promised to complete his term with a focus on ending the war in Gaza, supporting Ukraine, and pushing for Supreme Court reform.

Source: Financial Times, India Times