President Joe Biden promised that oil from the Strategic Petroleum Reserve would curb record-high gas prices. But some of that oil is now going to Europe.
The U.S. central bank may hike interest rates by up to 75 points due to the high rate of inflation, according to James Bullard, president of the St. Louis Federal Reserve Bank who also added that he does not expect such an increase to occur right away.
Having already set a record for illegal border crossings in 2021, the Biden administration is expected to invite even more to cross this year, setting up a bigger crisis along the Mexican border with Texas, Arizona, and California, according to a new analysis.
"Our clients' portfolios—which reflect the global economy—cannot reach net zero without sustained and consistent government policy, accelerated technological breakthroughs, and substantial adaptation in corporate business models," says BlackRock.
In 2021, there were at least 23 illegal border crossers whose identities flagged in the United States' Terrorist Screening Database that archives known or suspected terrorists according to a FOIA request filed by Fox News' Bill Melugin.
Russia ratcheted up its battle for control of Ukraine’s eastern industrial heartland, intensifying assaults on cities and towns along a front hundreds of miles long in what officials on both sides described as a new phase of the war.
The situation in the Russian economy is stabilizing, while the ruble’s exchange rate is returning to the levels of early February, President Vladimir Putin said at a meeting on economic issues on Monday.