US Senate minority leader Mitch McConnell will retire from his role as the top Republican in the upper chamber of Congress in November, he announced on Wednesday.
“I turned 82 last week. The end of my contributions are closer than I prefer,” Mr McConnell told the Senate.
“Father Time remains undefeated. I'm no longer the young man sitting in the back hoping colleagues remember my name. It's time for the next generation of leadership.”
The announcement is remarkably similar to longtime Representative Nancy Pelosi's move to step down as the Democratic leader in the House of Representatives in November 2022.
The decision was unrelated to his health, AP reported, after two public incidents in which he froze while speaking.
The Kentucky politician said the recent death of his wife's sister prompted a “certain introspection that accompanies the grieving process”.
It is not yet clear who will be his successor.
President Joe Biden said he was "sorry to hear" about Mr McConnell's announcement.
"We have a great relationship," Mr Biden said at the White House. "We fight like hell. But he has never, never, never misrepresented anything."
The President later issued a statement to commemorate the Republican leader's work.
"American Democracy is based on elected representatives coming together and bridging their different points of view to find common ground on behalf of the American people," he said.
"I’m proud that my friend Mitch McConnell and I have been able to do that for many years, working together in good faith even though we have many political disagreements."
"During his many years of leadership, we could always speak with each other honestly and put the country ahead of ourselves."
Mr McConnell's expected departure comes as the Republican Party shifts ever closer to former president and 2024 presumptive Republican nominee Donald Trump.
Mr McConnell is one of the few Republicans in the Senate not to endorse Mr Trump for this election.
He has faced increasing pressure from members of his party in recent months over his support for financial assistance to Ukraine.
He has openly supported a bipartisan $95 billion security package that would deliver assistance to Ukraine, Israel and Taiwan.
“Believe me, I know the politics within my party at this particular moment in time,” Mr McConnell said. "I have many faults. Misunderstanding politics is not one of them.
“That said, I believe more strongly than ever that America’s global leadership is essential to preserving the shining city on a hill that Ronald Reagan discussed.
"For as long as I am drawing breath on this earth, I will defend American exceptionalism.”
Mr McConnell had worked with Mr Trump and was instrumental in shaping the judiciary system, most notably in the Supreme Court's 6-3 conservative majority.
But his relationship with the former president disintegrated after the insurrection at the US Capitol on January 6, 2021.
Although he voted to acquit Mr Trump in impeachment proceedings, Mr McConnell placed the blame of the attack squarely on the former president.
The longest-serving Senate leader in US history, Mr McConnell has led the Republican Party there since 2007.
Zidane's managerial achievements
La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017
Company%C2%A0profile
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What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
Company%20profile
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Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Company%20Profile
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ENGLAND SQUAD
Team: 15 Mike Brown, 14 Anthony Watson, 13 Ben Te'o, 12 Owen Farrell, 11 Jonny May, 10 George Ford, 9 Ben Youngs, 1 Mako Vunipola, 2 Dylan Hartley, 3 Dan Cole, 4 Joe Launchbury, 5 Maro Itoje, 6 Courtney Lawes, 7 Chris Robshaw, 8 Sam Simmonds
Replacements 16 Jamie George, 17 Alec Hepburn, 18 Harry Williams, 19 George Kruis, 20 Sam Underhill, 21 Danny Care, 22 Jonathan Joseph, 23 Jack Nowell
THE SPECS
Engine: 1.5-litre
Transmission: 6-speed automatic
Power: 110 horsepower
Torque: 147Nm
Price: From Dh59,700
On sale: now
COMPANY%20PROFILE
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How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
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Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics