Madam Speaker, Madam Vice President, our First Lady and Second Gentleman. Members of Congress and the Cabinet. Justices of the Supreme Court. My fellow Americans.
In 1974 when Vice President Gerald Ford succeeded to the presidency after Richard Nixon resigned, the country was in a bad economic crisis. The Arab oil shocks of 1973 led to a 300% increase in the price of oil, which translated into inflation of more than 12%.
Ursula von der Leyen, President of the European Commission, said that the European Union would close its airspace to Russian aircraft in response to the recent Russian invasion of Ukraine, ABC News reported.
Alberta Premier Jason Kenney said the province is ready to move on to the next phase of its reopening plan on March 1, as the numbers of COVID-19 transmissions and hospitalizations “continue to decline rapidly.”
Within the next couple of months it is likely that there will be direct US military involvement in Ukraine, with Russia now openly supporting and recognizing separatist groups in the Donbass region on the eastern edge of the country and apparently moving to aid them militarily in separation.
