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Just as health experts were warning of a new wave of COVID-19 infections in Europe, officials in Japan and Taiwan lifted restrictions on foreign travelers. The developments show how the pandemic has changed in severity across different places and times over the past 2 1/2 years. The warning of a European COVID-19 wave came from…
As Europe looks to navigate an ongoing fuel crisis, the continent faced another setback Wednesday, with Poland announcing a leak on the Druzhba pipeline from Russia reduced the flow of oil to Germany. Poland said the leak was probably caused by an accident, separating this leak from the Nord Stream pipeline leaks last month. Poland…
Time to shake hands The midterms are just weeks away, and polling indicates it’s likely that the GOP will take the U.S. House of Representatives. However, for those running in swing districts, like Nebraska’s 2nd, nothing can be taken for granted. Congressman Don Bacon is the Republican incumbent in the district. He took office after…
Excerpted from Peter’s Oct. 10 “Zeihan on Geopolitics” newsletter: I’m going to be discussing some disturbing aspects of the Ukraine War today. Consider this your parental advisory. In the aftermath of the Russia’s failed Kyiv offensive, the world became aware of the omnipresent nature of Russian war crimes. The Russian retreat exposed a raft…
U.S. job growth slowed in September but still beat some economists’ expectations. The U.S. added 263,000 jobs for the month, down from August’s 315,000 nonfarm payroll gain and the lowest monthly gain since April 2021. But at the same time, unemployment unexpectedly ticked back down to 3.5%, matching a 5-decade low last seen in July.…
Multiple voices out of the Federal Reserve this week have made clear the central bank has no plans to cut rates next year, despite markets pricing it in. San Francisco Fed President Mary Daly is among those cautioning against a Fed pivot in policy. “I see us as raising to a level that we believe…
Sometimes politics mixes with business like oil and water. Republican states are making that clear by defending their oil and energy sectors against investment banks who have openly taken a stance against fossil fuels. Louisiana is the latest state to do so by backing out of their business dealings with BlackRock. BlackRock is an investment…
Polls have pointed to inflation and the economy as top concerns for voters heading into midterms. Now, those concerns are being shared with major CEOs of U.S. companies. A survey showed the world’s richest are preparing for a recession. A survey of 400 CEOs shows a staggering 91% believe a recession is bound to happen…
Major oil producers around the world have announced a steep cut to oil production at an OPEC+ meeting on Wednesday. OPEC+ leaders said 2 million barrels of oil per day will be slashed from production. That is the biggest cut since the beginning of the pandemic. The announcement has ignited fears of higher gas prices…
The economy and inflation are the two most important issues to American voters in this year’s midterm elections. That’s according to polls conducted around the country. For instance, a new Monmouth University poll found that nationally, inflation and crime are American’s biggest priorities, followed by elections, jobs and immigration to round out the top five.…
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