Inflation

Global Rice Production Set to Plunge 10%, Threatening Half of Humanity

Farmers in China, India, Bangladesh, Indonesia, and Vietnam — the largest rice-producing countries could experience reduced output due to soaring fertilizer prices.

Federal Reserve May Raise Interest Rate by 75 Points, Says Official

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.

Blame Powell, Not Putin or ‘Greedy’ Corporations, for Price Hikes

The Biden administration and its allies continue to use Russian President Vladimir Putin as the convenient excuse for their economic failures.

Republicans Remind Taxpayers How Much Biden Is Costing Them on Tax Day

As Ronald Reagan once quipped, "Republicans believe every day is the Fourth of July, but the Democrats believe every day is April 15," Tax Day in most years.

Situation in Russian Economy, Ruble’s Exchange Rate Stabilizing, Says Putin

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.

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

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

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.

World Health Org Continues to Track New Variants of Omicron in Europe, Africa

Mutations are not known at this time to be more dangerous or infectious.

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. 

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.

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