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Republican Allan Fung in tight race in Rhode Island
Polls have closed in more states. Right now we’re very closely following a number of key congressional races where Republicans are running non traditional people for seats in the state of Virginia, where there are three vulnerable Democrats, women. In two of those races, it now appears that Republican nominees one a white woman, one a Hispanic woman,
will end up capturing those seats. The third district in Virginia that we’re following is one where a Vietnamese born male is taking on a white woman in a very heavily Democratic district, and it appears he will not succeed in dislodging her. In Rhode Island, Cranston Mayor Allan Fung, a Republican looks like he is going to pick up a seat and become one of the only Republicans representing New England. There are three other possibilities for Republican pickups in Virginia. But it does look like Fung is ahead. Our conclusion so far? The Republican concept of running a more diverse set of candidates appears to be working. Larry Lindsey for straight arrow News.
US debt interest is cause for concern
Economist Paul Krugman recently said that interest payments on U.S. debt won’t be a major concern in the years ahead. The U.S. national debt is almost at $33 trillion, and the interest payments alone on that debt are approaching $500 billion per year. Straight Arrow News contributor Larry Lindsey disagrees with Krugman and instead urges
The truth about corporate lending and credit tightening
Banks have started to tighten credit due to the Federal Reserve’s interest rate hikes, which represent a deliberate strategy to temper economic growth and reduce inflation. According to the most recent Senior Loan Officer Opinion Survey, a majority of banks reported that they had tightened lending standards for larger and medium-sized businesses in the past
China’s economic decline mirroring Japan’s past
China is currently experiencing record high youth unemployment and a decrease in economic growth. Japan faced similar issues in 1989 when deflation and over-investment caused their stock market to collapse. Straight Arrow News contributor Larry Lindsey suggests that China could end up mirroring Japan’s crash. But he believes that China might be hit harder due
Even after BRICS summit, US dollar is not going away
The BRICS summit is scheduled to take place Aug. 22-24 in Johannesburg, South Africa with member nations Brazil, Russia, India, China and South Africa. Together, these nations account for 16 percent of international trade, a substantial portion of which is conducted in U.S. dollars. These countries want to decrease their dependence on the dominant U.S.
Don’t underestimate Putin’s grip on power
Is the Ukraine war also a public relations war? The U.S. has sometimes promoted the idea that Putin’s power may be weakening. First, rumors that Putin had cancer began circulating. Then there was the Wagner Group’s short-lived rebellion against Russia’s military leadership. Putin, on the other hand, is pushing the argument that the West is
Stories each side is underreporting
Border apprehensions up nearly 27 percent from July to August
11 sources | 0% from the left
Six young activists devote years to climate fight with 32 governments. Now comes their day in court
13 sources | 9% from the right
In addition to the facts, we believe it’s vital to hear perspectives from all sides of the political spectrum.
In addition to the facts, we believe it’s vital to hear perspectives from all sides of the political spectrum. We hope these different voices will help you reach your own conclusions.
The opinions published in this section are solely those of the contributors and do not reflect the views of Straight Arrow News.
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