The U.S. on Friday proposed a ceasefire resolution for Gaza at the UN Security Council that was vetoed by Russia and China that mocked the draft as nothing more than political theater.
Category: Uncategorized
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CENTRAL BANKERS SEE A LOW-GROWTH FUTURE BURDENED BY DEBT, GEOPOLITICAL STRIFE
Governments, businesses, and households are toting record levels of debt. The world’s trading network is shattering along geopolitical faultlines. The world’s economy is precariously close to a recession and, at best, will grow so slowly that emerging nations may forfeit years of potential gains.
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BIDEN ADMIN TRAMPLED FIRST AMENDMENT, 5TH CIRCUIT AGREES
The Missouri vs. Biden court case continues to affirm that the Biden administration owes its “success” and likely its existence, to a concerted destruction of Constitutionally protected free speech opposition.
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DEATH OF THE DOLLAR: FITCH’S DOWNGRADE THE BEGINNING OF THE END
After holding a AAA credit rating for decades—the highest possible—the U.S. saw its rating downgraded by Fitch Ratings to AA+, prompting a series of critical comments from government officials and other notable executives.
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UKRAINE PEACE PROPOSAL: NO WAY, NO HOW
A Ukrainian delegation headed by President Volodymyr Zelensky visited Jeddah, Saudi Arabia, over the weekend in hopes of getting the Global South to endorse a new peace proposal.
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U.S. AT WAR WITH RUSSIA: PENTAGON APPROVES DANGER PAY FOR FORCES SERVING IN UKRAINE
The Pentagon announced last week that U.S. troops who have been stationed in Ukraine can earn “imminent danger pay” since they are in a warzone, which amounts to more than $200 a month in their paychecks, according to Stars & Stripes.
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BIDEN TAPS CIA HEAD FOR CABINET AFTER FAILURES IN UKR
William J. Burns, the head of the Central Intelligence Agency and veteran diplomat, was tapped last week by President Joe Biden to join his Cabinet in what was seen as a largely symbolic move—but said the agency has been providing “a clear-eyed, long-term approach to our nation’s top national security challenges.” “Bill has always given...
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NEW ZEALAND TIPS INTO RECESSION
The central bank’s higher interest rates and the cost of cleaning up after floods and a cyclone sank New Zealand’s economy into a recession during the first three months of this year.
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