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President Biden will request $2.6 billion for foreign assistance programs that promote general equality worldwide, he announced on International Women’s Day on Tuesday.
    Ukraine Aid Package Totals $14 billion, McConnell Says
Mar 9, 2022 - 08:18:17 PST
McConnell announced the deal on Tuesday, telling reporters that the figure would include loan guarantees to help NATO allies including Poland purchase U.S. aircraft to replace warplanes transferred to Ukraine.
The United States is working to prevent Russia from taking control of Ukraine's "biological research facilities," a U.S. ...
The International Energy Agency (IAEA) said there has been “no critical impact” on the safety of the Chernobyl nuclear site in Ukraine after Ukrainian Foreign Minister Dmytro Kuleba and other officials issued a warning about a potential radiation leak overnight.
January saw another record trade deficit of -$89.7B. This shattered the -$82B record set in December by 9.4%! Before March 2021, the Trade Deficit monthly record had been set in August 2006 at -$68B. this record stood for nearly 15 years! Records are now being broken almost every single month.
    The ECB Is Delaying Reduction in Monetary Stimulus
Mar 9, 2022 - 08:04:39 PST
“The ECB’s credibility is at stake,” said Agnes Belaisch, chief European strategist at Baring Investment Services Limited. “They should stop singing the old song and be clear about what we’re facing. Inflation is accelerating and will continue to do so in the months ahead.”
One last observation comes from the January quits rate: after the number of Americans quitting their job hit an all time high 4.510 million in November...
Conducting trade in national currencies was among the topics discussed during President Recep Tayyip Erdoğan’s phone call with his Russian counterpart...
    The Russia-Ukraine War Has Hit Many Currencies Hard
Mar 9, 2022 - 07:30:22 PST
Currency markets have not escaped the steep losses and wild swings seen across asset classes in recent weeks.
    Jim Rickards Gives a Warning on Cryptos
Mar 9, 2022 - 07:22:56 PST
Biden orders work on a digital dollar (CBDC) and cryptocurrencies. This has little to do with technology or monetary policy and everything to do with herding you into digital cattle chutes where you can be slaughtered with account freezes, seizures, etc.
    Investors Bet on Higher Long-Term US Inflation: FT
Mar 9, 2022 - 07:13:00 PST
Traders in US financial markets have cranked up their bets on how high inflation will soar in the coming years, complicating the Federal Reserve’s efforts to curb rapidly rising consumer prices.
U.S. inflation may approach 10% this year, according to DoubleLine Capital’s Jeffrey Gundlach, a historic level that he said underscores the need for the Federal Reserve to aggressively tighten monetary policy even amid fresh uncertainty caused by Russia’s war in Ukraine.
A global food crisis sparked by Russia's invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding to a growing list of key producing countries seeking to keep vital food supplies within their borders.
US Inflation is expected to exceed January’s 40-year high on Thursday with February data set to show annual consumer price growth nearing 8% and forward-looking indicators pointing to 9% in March as the Ukraine-Russia war pushes commodity prices to record levels.
Not too long ago, the national debt pushed above $30 trillion. Today, Uncle Sam is $30.26 trillion in the red. And he's on the fast track toward $31 trillion.
Today, most people don't bat an eye at the national debt. But that wasn't always the case. As David Stockman pointed out there was a great deal of concern about the national debt when he was President Ronald Regan's Director of the Office of Management and Budget.
A missile-delivered electromagnetic pulse (EMP) of sufficient size could paralyze the United States and parts of Canada and Mexico.
The Kremlin accused the United States on Wednesday of declaring an economic war on Russia that was sowing mayhem through energy markets, and put Washington on notice it was considering its response to a ban on Russian oil and energy.
    FinCEN Warns of Potential Evasion of Russian Sanctions
Mar 9, 2022 - 05:53:52 PST
The Financial Crimes Enforcement Network (FinCEN) alerted banks and other financial institutions on March 7 about possible suspicious practices that seek to evade the economic sanctions imposed on the Russia Federation in the context of the Russia-Ukraine war. The agency identified possible ways in...
The China state-sponsored group called APT41 allegedly took advantage of software flaws and exploited security vulnerabilities.
Moves by U.S.-led NATO have pushed tension between Russia and Ukraine to a "breaking point", Chinese foreign ministry spokesman Zhao Lijian said on Wednesday.