Layal Aswad was already exhausted by Lebanon’s devastating two-year economic collapse. Now, as Russia’s invasion of Ukraine sends food and energy prices soaring even further, she finds herself struggling to put food on the table for her family of four.
Investors expect the Federal Reserve to move much more aggressively with hiking interest rates in the coming months as inflation rises to multidecade highs.
The Bank of England has warned that inflation could hit 8 per cent by as early as next month in Britain as it raised interest rates to pre-pandemic levels on Thursday.
Rep. Frank Pallone, D-N.J., chairman of the Energy and Commerce Committee, is asking executives from six oil companies to testify about surging gas prices.
Russia has turned to China for military equipment and aid in the weeks since it began its invasion of Ukraine, U.S. officials familiar with the matter told The Washington Post.
“He Gets Us,” an effort to attract skeptics and cultural Christians, launches nationally this month. But Christians still have questions about how the church markets faith.