Officials from the administrations of presidents Joe Biden and Andres Manuel Lopez Obrador in recent days discussed their concern about the impact that rising food and energy prices will have on the region
Prime Minister Victor Orban says Hungarian families won’t be the ones to suffer over the Russian-Ukrainian war by having to cope with increasing oil prices.
President Joe Biden and his administration said Americans should reduce their consumption of oil and gas in order to keep prices down and ultimately punish Russian President Vladimir Putin.
Oil prices soared and investors shifted more money into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and economic damage because of its invasion of Ukraine.
A new poll from ABC News/Ipsos has found that only one percent of Americans would describe Joe Biden’s current American economy as “excellent.” In comparison, only 23 percent considered it “good,” according to a report from Breitbart News. Additionally, 75 percent of Americans polled chose to describe the economy as “poor.”