U.S. to send Ukraine $500 million more in direct aid
The Biden administration on Wednesday announced it would provide $500 million in direct aid to Ukraine to boost the war-ravaged country’s struggling economy.
Economy
Pentagon believes Putin ‘has not been fully informed’ on aspects of war
The Pentagon believes that Russian President Vladimir Putin “has not been fully informed” of the status of the invasion into Ukraine.
India and Russia working to launch a rupee-ruble trade agreement that circumvents Western sanctions and weakens the dollar’s global standing
The government of India is expected to announce an agreement with its counterparts in Russia that will allow the countries to continue trading with one another while circumventing Western sanctions on Russia.
Struggling Russia Sends More Mercenaries To Ukraine As Death Toll Mounts
British military intelligence says Moscow is due to send more than 1,000 mercenaries into eastern Ukraine as the Russian military suffered heavy losses.
Biden’s job approval falls to lowest level of his presidency amid war and inflation fears
Amid Europe’s largest land war since World War II, 7 in 10 Americans expressed low confidence in President Joe Biden’s ability to deal with Russia’s invasion of Ukraine in a new NBC News poll, and 8 in 10 voiced worry that the war will increase gas prices and possibly involve nuclear weapons.
Canada Not Releasing Jailed Pastor Who Opposes COVID Restrictions
A Canadian Protestant pastor who became a symbol of the fight for religious freedom during the coronavirus pandemic remains in prison more than a month after being detained.
Ukraine President Calls Siege Of Mariupol Historic Act Of Terror
Ukrainian President Volodymyr Zelensky says Russia’s siege of the port city of Mariupol is an act of terror that will be remembered for centuries amid reports that thousands of residents have been deported to Russia. Sunday’s remarks came after footage of Russian dead soldiers outside Kyiv, the capital, another hot spot of fierce clashes.
IMF: Ukraine War Undermines Global Economy
The International Monetary Fund (IMF) has warned that the war in Ukraine will undermine the global economy as it leads to record prices of food and energy and surging inflation.
Russia on verge of $150B debt default as sanctions cripple economy
Russia is spiraling closer to a historic debt default that could ripple throughout the global economy after the U.S. and its European allies hit the Kremlin with a slew of crippling financial sanctions.
Russia’s invasion of Ukraine drives global food insecurity
The International Monetary Fund (IMF) said on Monday that Russia’s invasion of Ukraine could plunge the world’s food supply into chaos, with rising prices and the inability of Ukrainian farmers to plant crops, including wheat.
More Sanctions As Ukraine Faces Heavy Russian Attacks
Fearing a world war, U.S. President Joe Biden said Friday his country would not intervene militarily against Russia in Ukraine, as Russian forces stepped up their bombardment across Ukraine.
Inflation rose 7.9% in February, as food and energy costs push prices to highest in more than 40 years
Inflation grew worse in February amid the escalating crisis in Ukraine and price pressures that became more entrenched.
US President Ponders Digital Dollar, Regulating Cryptocurrency
With the world increasingly using cashless payments, the president of the United States ordered the government to investigate the risks and benefits of cryptocurrency and the creation of a digital dollar.
Wheat Prices Rise to 14-Year High After Invasion of Ukraine
Wheat prices have soared past $10 per barrel, the highest price since 2008 for the staple grain, as a result of Russia’s invasion of Ukraine.
US To Join European Union In Closing Off Airspace To Russian Flights, Biden Announces
President Joe Biden announced Tuesday night during his State of the Union address that the U.S. will be “closing off” its airspace to Russian flights.
Russians feel the economic pain as war grinds on with Ukraine
Russian forces pounded civilian apartments in Ukraine and the Kremlin again raised the specter of nuclear war as the first diplomatic talks since the start of Russia’s 5-day-old invasion failed to produce a cease-fire Monday and the Russian economy staggered under a slew of Western economic and financial sanctions.
U.S. Fed governor opens door to half-point rate hike in March
Federal Reserve Governor Michelle Bowman said Monday that she was open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
Pluto Return Marking Rise And Fall of US?
Biblical conscious Americans may be forgiven for looking for signs in the stars these days as the United States is experiencing a cosmic rebirth.
Millions have filed to start businesses in US during coronavirus pandemic
Millions of people throughout the United States filed applications to start businesses during the second year of the coronavirus pandemic that has disrupted the economy.
‘Freedom Convoy’ Reaches Israel
Inspired by similar Canadian protests, hundreds of vehicles drove along the main highway from Tel Aviv to Jerusalem on Monday to protest against COVID-19 restrictions.