Attention: This disclaimer informs readers that the views, thoughts, and opinions expressed in this article belong solely to the author, and not necessarily to the author’s employer, organization, committee, or other group or individual.
Western businesses have exited Russia in droves since the country’s invasion of Ukraine, often citing humanitarian reasons as justification — yet many continue to maintain healthy relationships with China.
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%.