The fundamental cause of the world’s immediate economic woes is clear enough. Crude oil prices are up more than 50% this year. That has caused gasoline prices to skyrocket and spurred consumer-price inflation to the highest levels in four decades. And in turn the Federal Reserve and other central banks are now raising interest rates … Read more
Watch PMQs live: Boris Johnson faces grilling on strikes and inflationThe Telegraph Letters: Do not blame the workers for the sins of austerityHeraldScotland Pensions to surge by 10pc as workers told to accept a pay cutThe Telegraph Pay boost for City bosses will anger public sector workersiNews View Full coverage on Google News
click to enlarge Victor Yang, courtesy of Vincent and Lily Chin Estate Helen Zia at a 1983 rally for Vincent Chin in Detroit. On June 19, 1982, 27-year-old Vincent Chin was celebrating his bachelor party when two white men fatally bludgeoned him with a baseball bat outside of a crowded Highland Park McDonald’s. He died … Read more
In the back of the crowd, protesters challenge patriots to define “Nazi.” “We love America,” says one. “If Ashli Babbitt were here,” continues Allman, “I guarantee you she’d be out there” —on the edge of the fighting— “talking to those people.” “Scum!” a patriot screams at the protesters. “Ashli Babbitt does not want you to … Read more
Russian President Vladimir Putin and Chinese President Xi Jinping pose for a photograph during their meeting in Beijing, on Feb. 4, 2022. The two countries announced a “no limits” partnership prior to Russia’s invasion of Ukraine, though Beijing has tried to position itself further away from Russia than portrayed after Xi and Putin met. Alexei … Read more
A sign reading ‘Kaliningrad’ stands atop the city’s south railway station. Harry Engels | Getty Images Sport | Getty Images A new front in tensions between Russia and NATO has opened up after one of the Western military alliance’s members, Lithuania, banned the transit of some goods coming from Russia to its exclave Kaliningrad on … Read more
Other auction lots included a safari in South Africa, a wine tasting trip, a shooting weekend on an estate in Scotland and a box at a Premier League football match. In all, the Conservatives raised more than £ 500,000 from the evening for the party’s burgeoning efforts to raise money to pay for dozens of … Read more
WASHINGTON (AP) – In a pointed back and forth, the head of Chevron complained Tuesday that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive. ” The president in recent weeks has criticized … Read more
Democrats, we are told to believe, are very serious about inflation. The Biden administration has said it will “give the Fed the space and the independence to do its job,” namely to hike rates by historic amounts, risking the degradation of a robust job market and the induction of a recession, despite little indication that … Read more
Facebook CEO Mark Zuckerberg testifies before the US House Financial Services Committee during An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency | Getty Images The Department of Justice reached a settlement with Facebook owner Meta over … Read more