Inflation is affecting many countries, you need not feel guilty: Rajnath Singh to BJP workers

Stating that inflation has affected even rich countries like the United States, Defence Minister Rajnath Singh on Friday said BJP workers should not have any “guilty conscious” about it. He was speaking before a gathering of party workers in Pune. “There is debate going on about the rising inflation….During COVID-19 pandemic, the entire economy was … Read more

US recession not expected but Europe ‘more vulnerable’: Janet Yellen

The United States is unlikely to fall into a recession as interest rates rise quickly to fight inflation, the US treasury secretary said Wednesday, but warned against the economic risks for Europe from the war in Ukraine. “I really don’t expect the United States to fall into a recession,” Janet Yellen said at a press … Read more

U.S. considering move to block Russian debt payments – Treasury

The United States is considering blocking Russia’s ability to pay its U.S. bondholders by allowing a key waiver to expire next week, a U.S. administration official said on Tuesday. Bloomberg News reported earlier on Tuesday that the Biden administration is poised to allow the waiver to expire as scheduled on May 25, which could bring … Read more

U.S. job openings hover near record high in February

U.S. job openings slipped in February, but remained near record highs as companies continued to struggle to find scarce workers. Job openings, a measure of labor demand, fell 17,000 to 11.266 million on the last day of February, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report on … Read more

U.S. says it is discussing further coordinated oil release with allies

The United States and its allies are discussing a possible further coordinated release of oil from storage to help calm oil markets in the wake of Russia‘s invasion of Ukraine, U.S. energy secretary Jennifer Granholm said on Thursday. “With respect to the emergency stockpiles, these are ongoing discussions and all those tools are certainly on … Read more

US boycotts conflict diamond meetings chaired by Russia

The United States and Britain are boycotting some Kimberley Process meetings because they are chaired by Russia, in a sign of how geopolitical rifts due to Russia‘s invasion of Ukraine are affecting international diamond certification efforts. The Kimberley Process, set up in 2003, is an 85-nation body that certifies rough diamond exports and monitors members’ … Read more

China’s information dark age could be Russia’s future

When Russia blocked Facebook and limited Twitter this month, many Chinese internet users were surprised. Wait a moment, they said: The Russians could use Facebook and Twitter? Both social media platforms have been banned in China since 2009. By blocking online platforms, shutting down the last vestige of Russia’s independent media and making it a … Read more

Assange set to make submissions to UK minister after losing Supreme Court appeal

WikiLeaks founder Julian Assange, wanted in the US over the alleged leak of classified documents related to the wars in Iraq and Afghanistan, is expected to make submissions to UK Home Secretary Priti Patel after he lost an appeal against his extradition in the UK Supreme Court. The 50-year-old’s lawyers had argued that he should … Read more

Border Agents Stop Bologna From Being Smuggled Into the U.S.

March 11, 2022 — U.S. Customs and Border Protection agents found 230 pounds of pork bologna that people were trying to illegally smuggle into the United States last month at border crossings in Texas. Agents made two other bologna seizures in January, the CBP said. In one of those cases, the driver told authorities he … Read more

US Apple store workers looking to unionize: Washington Post

Employees at many Apple Inc stores in the United States are working to unionize, the Washington Post reported on Friday, citing people familiar with the efforts. The report said employee groups at at least two Apple retail stores are backed by major national unions and are preparing to file paperwork with the National Labor Relations … Read more