(MENAFN) According to individuals acquainted with the situation, US President Joe Biden’s government is planning to issue a preliminary government-wide policy for crypto investments as quickly as the upcoming month, gave federal departments the duty of examining the threats and benefits they present. Said individuals further added that, the senior administration officials have gathered several...Read More
Washington: Capitol Hill has begun to debate whether to ban US lawmakers from trading stocks, but despite some rare bi-partisan unity on the question it is far from settled. Legislation introduced earlier this month by Democratic senators Jon Ossoff of Georgia and Mark Kelly of Arizona would require members of Congress, their spouses and dependent...Read More
TOKYO : Underlining the side effects of Chinese President Xi Jinping’s “abrupt and extreme” policies, a report published in a Japanese daily said Xi himself is a risk to the Chinese economy. This comes as experts say that weakening growth in the closing months of 2021 could cause trouble as China faces a worsening real...Read More
The stock market tantrum to begin the year is not really about investors reassessing the economy, geopolitics in Ukraine, or even corporate earnings power. It’s about a newly engaged Federal Reserve ready to fight inflation. And soon. Investors hope for clarity as soon as this week. The central bank’s interest rate setting committee meets for...Read More
From: Counting the Cost Unemployment is down, but inflation is up – and Americans are not happy about it. There are many metrics that define a successful first year in office, and when you add in a pandemic, there is even more to navigate. Joe Biden, who began his tenure as US president in January...Read More
WASHINGTON — In celebrating a $20 billion investment by Intel in a new semiconductor plant in Ohio, President Biden sought on Friday to jump-start a stalled element of his economic and national security agenda: a huge federal investment in manufacturing, research and development in technologies that China is also seeking to dominate. With two other...Read More
Click here to download accompanying slides Building viable economic alternatives requires both project-based community economic development work and advocacy to access public resources and make changes to laws and regulations that get in the way. In this Remaking the Economy webinar, panelists will discuss how their organizations and the economic justice movements that they support strike...Read More
MOSCOW, Jan 21 (Reuters) – The rouble edged up on Friday, pulling away from 77 versus the dollar, while Russian stocks pared some losses following high level talks between Moscow and Washington to discuss soaring tensions over Ukraine. Russian Foreign Minister Sergei Lavrov and U.S. Secretary of State Antony Blinken met in Geneva amid Western...Read More
GOP members of the Ohio congressional delegation last Friday asked House and Senate leaders to fully fund a law meant to address a global shortage of semiconductor chips used in phones, cars and video games. The letter sent Friday urges top Congressional leaders to fully fund the $52 billion CHIPS for America Act, allowing for...Read More
Against the backdrop of pandemic-caused economic shocks and social disruptions, the World Economic Forum hosts world and business leaders for its annual meeting. Headquartered in Davos, Switzerland the mission of the forum is to foster global economic cooperation. The January 17th through 21st meetings take place virtually for the second year in a row. “As...Read More
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