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As two of the United States’ biggest foreign policy issues, some have compared the tensions between Russia and Ukraine to the tensions between China and Taiwan. On Wednesday, a spokesperson for the Chinese Foreign Ministry said the two situations are not the same. Her comments came as Taiwan President Tsai Ing-wen called for the island…
A likely result of the the ongoing crisis at the Russia/Ukraine border, oil prices rose to their highest levels in over seven years. Brent crude, the global benchmark, was up about 2% to $97.32 by midmorning Tuesday. Earlier, it reached its highest price since September 2014 at $99.50. West Texas Intermediate (WTI) crude jumped by 3.3% to…
Residents of England and Australia have gotten some welcome relief from COVID-19 restrictions. On Monday, British Prime Minister Boris Johnson announced “we will remove all remaining domestic restrictions in law” regarding COVID-19. The announcement applies only to England proper, but that still covers over 80% of the United Kingdom population. “When the pandemic began, we…
When the 2020 COVID-19 pandemic lockdowns first went into effect, many predicted a baby boom. Couples were spending more time at home, leaving more time to start a family. But those theories proved incorrect. In the United States, rates have been steadily declining since a peak in 2007. Birth rates from 2020 and 2021 show…
During my eight-day trip to Seoul, the capital of South Korea, I saw a country that is clearly thriving but still reliant on the U.S. for safety and freedom. South Korea’s success is especially dramatic when compared to North Korea. Seoul is an enormous city. It’s a very modern city. It’s a very prosperous city. They’ve…
It’s all but certain the U.S Federal Reserve is going to raise interest rates. The forecast for the world economy is much foggier. And the debate among the financial community is not, ‘Will rates go up in calendar year 2022, will they go up four times? Will they go up six times? Will they go…
Global stock markets surged Tuesday after Russia’s Defense Ministry claimed some of its troops are retreating from the Ukrainian border following military drills and returning to base. Dow futures jumped more than 300 points Tuesday morning on the news a day after markets flinched at the possibility of war. Commodities — which have been rising amid…
House Speaker Nancy Pelosi (D-CA) is working with the House Administration Committee on a plan to ban members of Congress from making stock trades. The move from Pelosi signals a change in her view on this issue. “If that’s what the members want to do, then that’s what we will do,” Pelosi told reporters on…
The United States added 467,000 new jobs in January, according to the most recent jobs report from the Department of Labor. The report also found the unemployment rate rose slightly to 4 percent. “Our country is taking everything that COVID has to throw at us to come back stronger,” President Biden said. “America is back…
The White House is bracing for a bad January jobs report, repeatedly tamping down expectations ahead of Friday’s release. Officials warn Omicron will likely skew hiring results since nearly 9 million people called out sick the week the data was collected, according to a Census survey. The reference week for January’s jobs report was taken Jan.…
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