Germany has been hard hit by the economic standoff with the Kremlin because of its reliance on Russian gas and oil. In an effort to prevent blackouts this winter, last Friday Germany took control of a major Russian-owned oil refinery which supplies around 90% of Berlin’s fuel. Straight Arrow News contributor Peter Zeihan talks about…

Railroads and labor unions representing the industry’s workers are locked in heated contract negotiations. The two sides met with Labor Secretary Marty Walsh on Wednesday. A spokesman for the railroads said there are no plans to lock workers out. However, if the two sides don’t reach an agreement by 12 a.m. Friday, workers could strike.…

A number of Republican Party nominees for office in 2022 are toning down their messaging on the issue of abortion just weeks before the November midterm elections. For years, Republicans have run on the issue of stopping abortion with the stated goal of overturning Roe v. Wade. Now that Roe is gone following this summer’s…

China’s President Xi JinPing has arrived in Kazakhstan today ahead of meeting with Russia’s Vladimir Putin tomorrow. Kazakhstan is a major oil and gas producer and China is a large consumer. The two countries are set to discuss energy and more trade. Tomorrow, Xi JinPing will meet with Putin in a private setting following a…

As negotiations between labor unions and freight railroad companies over a new contract continue, Amtrak prepared for a potential strike by cancelling several of its long-distance routes. If a deal is not reached, a strike could begin as soon as Friday. The affected routes, which closed starting Tuesday, includes: The Southwest Chief route from Chicago…

The annual inflation rate cooled for the second straight month, reaching 8.3% in August after peaking at 9.1% in June. Consumer prices continued to see relief in energy, helping drive down the annual rate, according to the Bureau of Labor Statistics report. Monthly consumer prices rose 0.1 % from July to August. Gas prices continued…

Now that Dr. Anthony Fauci has announced plans to step down as director of the National Institute of Allergy and Infectious Diseases, some are re-assessing his legacy. Fauci has led the NIAID for nearly 40 years. During that time he led efforts to combat HIV/AIDS, Ebola and other serious outbreaks. But his work spearheading the government’s…

The U.S. is barreling toward a railroad strike this week that could cost the economy $2 billion a day and send food prices soaring even higher. Labor unions and freight railroads worked through the weekend trying to reach a contract but have yet to come to terms. Both sides have until Friday before workers are…

Queen Elizabeth II, the world’s longest-ruling monarch, ruled the U.K. for more than seven decades, and now the Commonwealth has its first king in generations. Former Prince Charles, the queen’s eldest child, will now be known as King Charles III. A king is now on the throne at Buckingham Palace for the first time since…

Concerns about the state of the economy come with worries about job security. In fact, half of companies are expecting to cut staff according to a PwC survey of more than 700 executives. The same survey found many executives are also planning hiring freezes and even rescinding job offers. But many companies have already trimmed…