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%.
Russia’s president criticizes the West as the country faces a new massive wave of sanctions, while Ukraine's president asks to be admitted into the European Union.
The Biden administration has sent defense officials to Taiwan in support of the nation over concerns that Russia’s invasion of Ukraine could spark China’s invasion of the self-governing island.
Western news outlets and social media accounts spread the story of Ukrainian soldiers on Snake Island defiantly telling off the Russian navy before being killed—the story is now confirmed "fake news."