The interest rate hikes Powell is now proposing cannot cause a recession in the US, Edin Mujagic said. If so, then there is a bigger problem than high inflation. The Fed has decided to raise the official interest rate by 75 basis points to the 1.5 – 1.75% range. That’s more than 50 basis points that were previously ahead. The …
The United States does not supply missile systems to Ukraine that can reach Russian territory. US president Joe Biden said this at a press conference at the White House on Monday, Reuters reports. Biden contradicts earlier reports that Washington would deliver advanced long-range missiles to Kiev. The Ukrainian government has long been asking for MLRS missile systems, which often have …
A federal judge in Louisiana has blocked a decision by the Biden administration to stop keeping the U.S. border closed to migrants. In 2020, then-President Trump introduced the so-called Title 42 to protect public health in the US after the outbreak of the corona pandemic. Countries around the world then closed their borders to stop the spread of the virus. …
The United States has announced easing restrictions imposed during the administration of previous president Donald Trump on traveling to Cuba and sending money to relatives on the island. “The people of Cuba must face an unprecedented humanitarian crisis and our policies will continue to strengthen Cubans so that they can create a future free of oppression and economic suffering,” the …
Is the independence of the Supreme Court in question? “Judges should not give in to people who find it difficult to live with decisions they disagree with,” said Chief Justice Clarence Thomas. The U.S. Supreme Court is under fire. It is true that this is not the first time in its history, but the barrage is now “fierce and directed,” …
The US Treasury wants to tackle bitcoin miners in Russia. For the first time, we are dealing with the first sanctions from the United States for foreign miners. The Department of foreign assets adds the Russian miner BitRiver and 10 subsidiaries to its blacklist. According to media company The Block, This is a first step towards more pressure against miners …
Former US president Donald Trump probably committed a crime when he tried to impede Congress “in an impure way” to determine the results of the presidential election. After a speech by Trump on January 6, 2021, a crowd headed towards the US parliament and stormed the building. Based on the evidence, the court considers it likely that president Trump may …
The European Union suspends certain economic and trade privileges of Russia and prohibits European exports of luxury goods to the country. There will also be a ban on the import of Russian iron and steel due to the Russian invasion of Ukraine. The new sanctions are aligned with the United States and other allies. “Tomorrow we will take a fourth …
US Department of Defense said Monday, reports the US NBC News. It is a man who allegedly tried to participate in the attacks of September 11, 2001 in the United States. 46-year-old Mohammad Mani Ahmad Al Qahtani, who has been held at the US base in Cuba since 2002, will be treated in a mental institution in Saudi Arabia. According …
The deployment of Russian soldiers in eastern Ukraine is a peacekeeping operation, is dismissed by the US ambassador to the United Nations Monday evening during an emergency meeting of the UN Security Council as “nonsense”. The Russian recognition of the self-proclaimed People’s republics of Donetsk and Luhansk, according to Ambassador Linda Thomas-Greenfield, is part of the pretext for starting a …
