On 1 February, the U.S. national debt soared past $30 trillion for the first time, as inflation raged at 7 percent last month and the U.S. Federal Reserve prepared to raise interest rates. The economy reached the milestone earlier than the expected date of late 2025, due to the federal government’s $5 trillion of extra...
Tag: feb 8 2022
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U.S. CONDEMNS CONGO KILLING OF INNOCENTS
The U.S. ambassador to Congo took to Twitter to condemn the deadly attack on “defenseless civilians” at a makeshift refugee camp in the eastern region of the country, which has seen its security conditions worsen in recent months. Mike Hammer, the ambassador, called the killing “unforgivable” and said the killers “must be brought to justice.”...
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PUTIN ACCUSES U.S. OF TRYING TO PULL RUSSIA INTO CONFLICT
Last Tuesday, Russian President Vladimir Putin spoke publicly about Ukraine for the first time since December and blamed the Biden administration for essentially trying to drag Russia into a war because Washington refused to negotiate on key security demands the Kremlin has regarding NATO’s expansion east. Putin hoped that NATO would guarantee that it would...
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ERDOGAN INJECTS TURKEY INTO UKRAINE CONFLICT
Turkish President Recep Tayyip Erdogan, who has a 40 percent approval rating at home and is fighting skyrocketing inflation, took a trip to Ukraine last week, playing the role of mediator between Russia and Ukraine. He said he made the trip because Western countries have failed miserably in their effort to calm tensions in the...
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U.S. RAMPING UP MIDDLE EAST WARS
The Biden administration announced that it will send a guided-missile destroyer and fighter jets to help the United Arab Emirates defend itself against the growing threat from Houthis in neighboring Yemen who have recently staged high-profile attacks on Abu Dhabi. U.S. Marine Corps Gen. Kenneth F. McKenzie Jr. is set to meet with leaders in...
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FREE STATES: NEW CATO INSTITUTE REPORT RANKS THEM FROM FIRST TO LAST
New Hampshire really does take its state motto, “Live Free Or Die,” seriously. The sunshine state of Florida exudes a healthy amount of personal and economic freedom as well, along with Nevada, South Dakota and Tennessee. Hawaii, on the other hand, may be exotic and a dream vacation, but on the freedom index, it’s a...
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MOVE OVER OPERATION WARP SPEED, IT’S BIDEN’S CANCER MOONSHOT
With Ukrainian war talk screaming, equity markets volatility increasing, the COVID War raging and inflation spiking, President Biden last week shifted the nation’s focus to a new Promised Land. He told the U.S. that he wants to reignite the “cancer moonshot” to cut cancer deaths by half within the next quarter-century—an ambitious goal that is...
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GOING NUKE IS NOT GOING GREEN. EUROPEAN COMMISSION FACES LAWSUIT
Brussels faces a lawsuit from E.U. member states accusing it of favoring pro-nuclear and pro-gas countries after moving to include natural gas and nuclear energy as forms of green energy. The Financial Times reported that the designation came in its “taxonomy for sustainable finance” paper, which aims to point private companies and capital to activities considered...
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MONEY TALKS: ROTTERDAM TO DISMANTLE HISTORIC BRIDGE SO BEZOS MEGA-YACHT CAN PASS THROUGH
Jeff Bezos, the Amazon founder worth $185 billion, may have gotten Rotterdam to agree to take apart a historic bridge in order for his mega-yacht to squeak by after its massive masts are put into place. The De Hef Bridge is considered a rare historic monument in a city that was ravaged during WWII and...
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UNIONIZATION ON-TREND: AMAZON WORKERS VOTE TO UNIONIZE
Unionization was one of our Top Trends for 2022, and as we have been reporting each week, across the work spectrum, it’s “on-trend.” Last Friday, The National Labor Relations Board started to send ballots to about 6,100 Amazon employees at a warehouse in Alabama who voted last year against unionization—which was challenged after allegations that...
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