The US is weaponizing the dollar amid sanctions against Russia, Citadel CEO Ken Griffin told Bloomberg TV. Sanctions could put the US dollar’s status as the global reserve currency at risk, he warned. “American taxpayers are going to pay for this in the form of higher interest rates on our debt,” Griffin said. Loading Something...Read More
Federal Reserve Chairman Jerome PowellJerome PowellBiden urges GOP to end blockade on his Fed picks Biden: Inflation ‘robbing’ benefits of strong economy Oil prices surge above 0 a barrel as war on Ukraine rages MORE is heading to testify on Capitol Hill amid dueling economic headwinds that could be exacerbated by war in Ukraine. ...Read More
Since 1790, presidents have used tens of thousands of different words in State of the Union addresses. Biden, in his first such speech, added to the list. According to a Washington Post analysis, there were 20 words Biden spoke tonight that had never been used before in an official State of the Union address. The...Read More
City Adding $4 Million Package of Street Maintenance Work, Aiding the Economy Kirstin Davis, Communications Manager, 509.625.7773 Tuesday, March 1, 2022 at 11:51 a.m. Spokane Mayor Nadine Woodward proposed, and the City Council approved a new $4 million package of street maintenance work. These projects will aid the economy and support commercial areas around the...Read More
Powerful countries that bully weaker ones and target non-combatants are bound to invite a strong response. In the context of the ongoing war in Ukraine, any direct Western military action can essentially be ruled out. (The Cold War concept of Mutual Assured Destruction (MAD) is still in play if it involves a direct conflict with...Read More
NEWYou can now listen to Fox News articles! President Biden will give his first State of the Union address Tuesday night, marking the most consequential speech of his lifetime as U.S. inflation soars and Eastern Europe devolves into war. While State of the Union speeches tend to concentrate on domestic issues, Russian President Vladimir Putin’s...Read More
MOSCOW — For two decades under President Vladimir V. Putin, Russians reaped the bounties of capitalism and globalization: cheap flights, affordable mortgages, a plethora of imported gadgets and cars. On Monday, those perks of modern life were abruptly disappearing, replaced by a crush of anxiety as sanctions imposed by the West in retaliation for Moscow’s...Read More
The Treasury Department on Monday moved to further cut off Russia from the global economy, announcing that it would immobilize Russian Central Bank assets that are held in the United States and impose sanctions on the Russian Direct Investment Fund, a sovereign wealth fund that is run by a close ally of President Vladimir V....Read More
Trading on the Belarusian Currency and Stock Exchange started an hour late. A sharp increase in Western currencies marked it. Belarusian rubles and U.S. dollars. Minsk, Belarus. April 27, 2021. Photo: A.B. / Belsat. At the start of trading on the Belarusian Currency and Stock Exchange, the U.S. dollar exceeded 3 BYN. The currency has...Read More
US Ambassador to the United Nations Linda Thomas-Greenfield said Sunday that sanctions on Russia’s energy sector are not yet off the table as the US continues to punish the county for its invasion of Ukraine. “We have not taken anything off the table. We’re continuing to look at this,” she told CNN’s Dana Bash on...Read More
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