Economic

White House Plans to ‘Vaccinate the World’

Virtual meeting between U.S., Germany, Belize, Indonesia, Senegal aimed at "ending the acute phase" of the coronavirus pandemic, White House says.

Western ‘Economic Blitzkrieg’ on Russia Has Failed, Says Putin

The Russian economy has withstood the sanctions pressure, according to the president.

Musk Says Twitter Board Not Representing Shareholders

Elon Musk said Saturday that the Twitter Inc. board of directors is not representing the interest of its shareholders.

The Government Could Stop Inflation Within a Year. Instead, Expect Things to Get Worse

Know-nothing pundits and politicians have been communicating to Americans that inflation is, like the weather, a mystery they can’t control.

Tim Ryan Tones Down Anti-china Rhetoric in New Ad Following Backlash

ep. Tim Ryan dialed back his calls to “take on China” in a new campaign ad Friday following criticism over an “inflammatory” TV spot he aired weeks earlier. 

Biden’s New Battle Cry for the War on COVID

As President Joe Biden searches for slogans, excuses, and scapegoats to explain his miserable wreck of a presidency, I would suggest one for the handling of the never-ending COVID saga: “Not as bad as China.”

University Won’t Force Christian Professor to Use Trans Pronouns, Pays $400K in Settlement

A Christian professor who claims he was threatened with punishment by university officials in Ohio for refusing to use the preferred pronouns of a trans-identified student has secured the right to avoid using pronouns that conflict with his beliefs after years of litigation.   

Growing Defiance of China’s Coronavirus Restrictions Brings Wave of Arrests

Reuters on Friday noted the ostensible support of the Chinese public for draconian “zero-Covid” policies “seems to be wearing thin” amid “food shortages, family separations, lost wages, and economic pain.” Disobedience is on the rise, and so are arrests.

Watchdog Warns States Blowing ‘Budget Surpluses’ on Wants Not Needs

In spring 2020, state and local governments were confronted with cascading costs in managing the public health response to the pandemic, spiking unemployment, and steep sales tax and user fee revenue declines resulting from business disruption and restrictions.

U.S. Wages Crash by Almost 3%

Americans’ wages have dropped by almost 3 percent under President Joe Biden’s high migration, big-spending policies, according to data presented by one of President Barack Obama’s top economists.

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