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Tuesday, Jun 28, 2022
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G7 pledges to raise $600bn to counter China’s Belt and Road
The G7 Partnership for Global Infrastructure and Investment will help finance infrastructure projects in developing nations.
G7 aims to raise $600 billion to counter China's Belt and Road
Group of Seven leaders on Sunday pledged to raise $600 billion in private and public funds over five years to finance needed infrastructure in developing countries and counter China's older, multitrillion-dollar Belt and Road project.
Recession isn't 'inevitable' but inflation remains 'unacceptably high'
A coming recession is not "at all inevitable" as the Federal Reserve takes aggressive actions to address inflation, Treasury Secretary Janet Yellen said Sunday
Black Americans living abroad reflect on Juneteenth
As the United States marks only the second federally recognized Juneteenth, Black Americans living overseas have embraced the holiday as a day of reflection and an opportunity to educate people in their host countries on Black history.
‘A crisis’: The US tampon shortage, explained
People who need menstrual products are struggling amid a shortage of tampons in the US. What exactly is going on?
Biden falls on bike ride (VIDEO)
US President Joe Biden fell from his bicycle while stopping to greet supporters in Rehoboth, Delaware on Saturday. The 79-year-old president did not require medical attention.
‘I’m good’: Biden falls off bike during Delaware ride with first lady
President braked to speak with a crowd and tipped over, saying the ‘toe cages’ on his bike got caught
Biden says Americans are ‘really, really down’ in rare one-on-one interview
President makes remark in Associated Press interview as approval ratings dip below 40% in recent public opinion polls
Biden says Americans 'really, really down'
In a rare interview, President Joe Biden has said Americans are "really, really down" as they grapple with soaring inflation after two years of a pandemic.
Reparations could be ‘difference’ for unhoused Black Californians
California task force recommends reparations for descendants of enslaved people, some of whom are living on the streets.
Federal Reserve announces biggest interest rate hike since 1994
Fed confirms 0.75 percentage-point increase as Americans across country hit hard by rising prices and shortages of key items
OPEC keeps forecast for 2022 oil demand to exceed pre-pandemic levels, sees risks
OPEC has stuck with its forecast that world oil demand will exceed pre-pandemic levels in 2022, although the producer group said Russia's invasion of Ukraine and developments around the coronavirus pandemic pose a considerable risk.
Korean pop band BTS taking a break to work on solo projects
BTS, the South Korean band that spearheaded a global K-pop craze, is taking a break as a group to work on solo projects, the singers announced on Tuesday.
Biden knocks Wall Street, defends economic plans amid recession fears
U.S. President Joe Biden blasted Wall Street and Republicans, while making a full-throated defense of his economic plans to thousands of union members in Philadelphia on Tuesday, as he seeks to improve dismal approval ratings amid high i...
US inflation skyrockets, piling pressure on Biden
US inflation surged to a new four-decade high in May, defying hopes that price pressures had peaked and deepening President Joe Biden's political troubles as Americans struggle to meet the cost of essentials like food and gas.
Facing record inflation, Biden chides Exxon, oil companies for profits
U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp (XOM.N) in particular, of capitalizing on a supply shortage to fatten profits after a report showed inflation surging to a new 40-year record.
Travelling To US? A Big Change In Rules For Arrivals
All passengers had needed to show a negative Covid viral test taken shortly before travel -- or proof of having recovered from the virus in the past 90 days -- before they boarded their flight.
US' Plan To Ban Single-Use Plastics On Public Lands By 2032
This will include the sale and distribution of plastic bags and bottles as well as food wrappers, beverage cups and other tableware, according to an order by the interior secretary Deb Haaland.
U.S. bars Cuba, Venezuela from "Americas" summit; Mexican leader sits out as it became just a USA's friends political meeting, not Americas, and not summit
The White House excluded Cuba, Venezuela and Nicaragua from the U.S.-hosted Summit of what supposed to be for the Americas, prompting Mexico's president to make good on a threat to skip the event, as it became a cancel-culture event, ins...
Janet Yellen tells Congress US faces ‘unacceptable levels of inflation’
Treasury secretary admits she regrets describing inflation as ‘transitory’ and says it is ‘top economic problem at this point’
Top US court seeks Biden input on lawsuit against Israel’s NSO
Supreme Court asks Justice Department to say whether spyware firm is immune from WhatsApp lawsuit over alleged hacking.
Hunter Biden "uploaded" sex tapes to adult video website
Another scandal has hit Hunter Biden. The son of US President Joe Biden allegedly filmed himself with a sex worker - and uploaded the videos to an adult video website.
The world is generously paying the money it does not have to enrich Russia's war machine
Russia's finances are benefiting big-time from a surge in commodity prices. Its monthly oil-export earnings are up about 50% this year. Russia is also a major world supplier of key raw materials. The bottom line is that the citizens of t...
Russia is winning the economic war - and Putin is no closer to withdrawing troops
The perverse effects of sanctions means rising fuel and food costs for the rest of the world – and fears are growing of a humanitarian catastrophe. Sooner or later, a deal must be made.
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