BERLIN — Trains, planes and public transit systems stood still across much of Germany on Monday as labor unions called a major one-day strike over salaries in an effort to win inflation-busting raises for their members. The 24-hour walkout – … Read More
The ECB is ‘monitoring current market tensions closely and stands ready to respond as necessary to preserve price stability and financial stability.’ The European Central Bank lifted its key lending rate by 50 basis points Thursday, defying market forecasts that … Read More
After 36 years, Argentina won another World Cup. In a country with a history of extraordinary players and where soccer is lived as a national religion, this was long overdue. Also overdue are the structural reforms necessary for Argentina to … Read More
(Bloomberg) — Federal Reserve Bank of Philadelphia President Patrick Harker said he expects the central bank to slow the pace of interest-rate hikes in upcoming months as US monetary policy approaches restrictive levels. “In the upcoming months, in light of … Read More
The Biden administration was forced to delete a Twitter post taking credit for a boost in retirees’ Social Security checksWednesday after social media users pointed out the increase was tied to decades-high inflation. “Seniors are getting the biggest increase in … Read More
The Federal Reserve on Wednesday approved a fourth consecutive three-quarter point interest rate increase and signaled a potential change in how it will approach monetary policy to bring down inflation. In a well-telegraphed move that markets had been expecting for … Read More
Greetings from Tyler, Much is being made of the transfer of illegal aliens to northeastern destinations. Is it a gimmick or might it expose the hypocrisy of the bleeding hearts? They seem to have certain philosophies that are for other … Read More
(RTTNews) – Germany’s consumer price inflation accelerated more-than-expected in August, after easing in the previous two months, to its highest level in almost half a century as the European Central Bank policymakers prepare to deliver at least a 50 basis … Read More
Russia is supplying less and less gas to Germany. Now the Nord Stream pipeline is being shut for maintenance, and no one knows for sure if it will come back online. The Kremlin is using gas to exert leverage on … Read More
US President Joe Biden’s approval rating among Americans has hit an all-time low, according to a new Morning Consult poll, The Hill reported. The poll found that 58 percent of those surveyed disapprove of Biden’s performance as president, while 39 … Read More