Senate Republicans hold news conference regarding inflation in Washington

Senate Republicans hold news conference regarding inflation in Washington

Prices are skyrocketing. Inflation is costing the average American $275 more each month. Democrats in the House, the Senate, and the White House have ignored the issue month after month. NN: they have finally scratched their ass and are starting to figure out the inflation genie is out of the bottle. The problem is they …

Raising rates will be appropriate soon – FOMC minutes

Raising rates will be appropriate soon – FOMC minutes

Breaking: FOMC minutes say: The minutes of the 25-26 January FOMC meeting, released on Wednesday, said that most participants suggested that a faster pace of increases in the target rate for the Federal Funds rate than in the post-2015 period would likely be warranted. Participants continued to stress that maintaining flexibility to implement appropriate policy …

NATO Says Europe Security Crisis is ‘New Normal’: Ukraine Update

NATO Says Europe Security Crisis is ‘New Normal’: Ukraine Update

(Bloomberg) — High-level diplomacy continues in a bid to defuse the situation around Ukraine. U.S. President Joe Biden will talk with German Chancellor Olaf Scholz later Wednesday ahead of an emergency summit of European leaders on Ukraine the next day. Group of Seven foreign ministers will then meet in person in Munich on Saturday.  High-level …

Satellite images show new Russian military activity near Ukraine

Satellite images show new Russian military activity near Ukraine

MOSCOW, Feb 15 (Reuters) – New commercial satellite images show a flurry of Russian military activity at several locations near Ukraine, the private U.S. company that released the pictures said, amid fears that Moscow may launch an attack on its ex-Soviet neighbour. Russia, which has repeatedly denied plans to invade, is holding large military exercises …

St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges

St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges

Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per month. Meanwhile, the U.S. Federal Reserve is expected to raise the benchmark interest rate in March and St. Louis Fed president James Bullard believes the …

Russian forces leaving Crimea after completing drills

Russian forces leaving Crimea after completing drills

MOSCOW, Feb 16 (Reuters) – Russia’s defence ministry published video on Wednesday that it said showed a column of tanks and military vehicles leaving annexed Crimea across a railway bridge after drills, adding that some troops would also return to their permanent bases. Moscow announced a partial pullback of forces from near Ukraine on Tuesday. …

Russia pulls back some troops from Ukraine border

Russia pulls back some troops from Ukraine border

Some Russian troops near Ukraine’s border are returning to their bases after completing missions, but other large-scale drills remain ongoing, Russia’s defense ministry said on Tuesday. It’s a sign that Russian President Vladimir Putin may be willing to de-escalate the crisis, but the threat of war isn’t over yet, per the New York Times. The …

UK’s Truss fears Russia will not stop at Ukraine

UK’s Truss fears Russia will not stop at Ukraine

Russia’s top diplomat on Tuesday mocked Western intelligence for naming the date of a Russian invasion as Moscow announced a partial drawdown of troops, reports our Moscow correspondent Nataliya Vasilyeva. “February 15, 2022, will go down in history as the day when Western war propaganda failed,” Maria Zakharova, a spokesperson for the Russian foreign ministry said …