Joe Biden
Giant undersea cables set to give the UK and Germany their first direct energy link
Onshore wind turbines in Germany. The NeuConnect project says the interconnector will enable Britain to “tap into the vast energy infrastructure in Germany, including its significant renewable energy sources.” By Thomas E. Gunnarsson | Moment Open | Getty Images Key contracts totaling more than £1.5 billion ($1.95 billion) have been awarded for a major interconnector […]
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Pentagon monitoring reports of possible Russian chemical weapons attack in Mariupol
Armoured vehicles of pro-Russian troops drive along a street during Ukraine-Russia conflict in the besieged southern port city of Mariupol, Ukraine March 31, 2022. Alexander Ermochenko | Reuters WASHINGTON — Defense Department press secretary John Kirby said the Pentagon was closely monitoring reports Monday evening of a possible Russian chemical weapons attack on the besieged […]
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White House says it expects inflation to be ‘extraordinarily elevated’ in new report
White House press secretary Jen Psaki answers questions during the daily briefing on March 09, 2022 in Washington, DC. Psaki answered a range of questions related primarily to Russia’s invasion of Ukraine. Win Mcnamee | Getty Images WASHINGTON — The Biden administration is bracing for Tuesday’s key consumer inflation report to show that the prices […]
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Inflation is hammering the U.S. South — and voters, who will soon decide some key midterm races
Republican activists seek drivers’ attention as they work to register voters to their party at a gas station in Garden Grove, California, U.S., March 29, 2022. Mike Blake | Reuters Matthew Rice doesn’t have to look hard for signs of inflation in Savannah, Ga. A gallon of gas cost $2.79 a few months ago, he […]
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Iran MPs set conditions for reviving 2015 nuclear deal amid stalled talks
A picture taken on November 10, 2019, shows an Iranian flag in Iran’s Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility. ATTA KENARE | AFP via Getty Images Iranian lawmakers have set conditions for the revival of a 2015 nuclear pact, including legal guarantees approved […]
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Reversing globalization could cause pain and profit for companies
Russia’s invasion of Ukraine has fast forwarded a shift away from globalization, and that will create challenges and opportunities for businesses and investors. Source
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There’s a growing interest in wealth taxes on the super-rich. Here’s why it hasn’t happened
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021. Greg Nash | Pool | Reuters Americans increasingly favor a wealth tax on the ultra-rich. But despite an uptick in proposals, these policies have struggled to gain traction. President Joe Biden in March unveiled the latest federal wealth tax […]
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Sunnova CEO says war in Ukraine will spur shift to renewables, calls on U.S. to foster solar panel production
Consumer demands, on both reliability and price; climate change, and geopolitical and national security will spur a shift to solar energy, Sunnova CEO says. Source
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Ukraine war is a key test in how the world responds to abuse of power, ex-UK foreign minister says
The Russia-Ukraine war will have “pivotal consequence” in how the world responds to the “growth of impunity,” said David Miliband, president and CEO of the International Rescue Committee, a humanitarian aid agency. Miliband, who was Britain’s foreign secretary from 2007 to 2010, said Ukraine President Volodymyr Zelenskyy’s impassioned speech to the U.N. Security Council on […]
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House Speaker Nancy Pelosi tests positive for Covid, is not experiencing symptoms
US President Joe Biden signs H.R. 3076, the Postal Service Reform Act of 2022, during a ceremony in the State Dining Room of the White House in Washington, DC, on April 6, 2022. Mandel Ngan | AFP | Getty Images House of Representatives Speaker Nancy Pelosi has tested positive for Covid, but does not have […]
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