Xi Jinping took several jabs at Washington on Sept. 21, in a prerecorded speech to the United Nations’ 76th General Assembly. Separately, President Joe Biden has been criticized by Republican lawmakers for failing to use his speech at the U.N. headquarters in New York to hold China accountable on a number of issues. “Recent developments…
Chinese Leader Xi Jinping Uses UN Platform to Level Criticism Against US
September 22, 2021
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Top Aide to Ukrainian President Targeted by Gunfire in Assassination Attempt
A top aide to Ukrainian President Volodymyr Zelensky was targeted by a volley of gunfire on Wednesday during an apparent assassination attempt, authorities said. A statement released by national police confirmed more than 10 bullets were fired at the vehicle of Serhiy Shefir at about 10 a.m. near the village of Lesnyky, several miles outside the Ukrainian…
Stronger Mortgage Demand Suggests Tailwind for Housing Market
The number of applications for home mortgages rose sharply last week, according to the Mortgage Bankers Association (MBA), dovetailing with recent federal data showing a surge in building permits and pointing to a likely boost in future home sales. Total mortgage application volume rose 4.9 percent last week, according to MBA’s composite index that tracks mortgage…
Fed Likely to Open Bond-Buying ‘Taper’ Door, but Hedge on Outlook
WASHINGTON—The Federal Reserve is expected to clear the way on Wednesday for reductions to its monthly asset purchases later this year and show in updated projections whether higher-than-expected inflation or a resurgent coronavirus pandemic is weighing more on the economic outlook. Fed policymakers, who are wrapping up their latest two-day meeting, have been handed a…
Bodycam VIDEO: Deputy Overdoses After Exposure to Fentanyl; Partner Saves His Life With Narcan
Responding to their first call of the day, two San Diego sheriff’s deputies had no idea one of them was about to suffer a near-fatal drug overdose. His partner would be called upon to save his life. On July 3, Deputies David Faiivae and his field training officer Corporal Scott Crane, of the San Marcos Sheriff’s…
O’Toole Triggers Campaign Review After Loss, Saying No One More Disappointed Than Him
OTTAWA—The Conservatives will review their disappointing election loss, Erin O’Toole said Tuesday as he underscored his commitment to ensuring the party is battle-ready for the next campaign. “We’ve started a process that will involve all parts of the party to make sure we learn those lessons to win the trust next time,” he said at…
Economist Nouriel Roubini Warns of Growing Risk of Stagflationary Crisis
Economist Nouriel Roubini, known for his gloomy-yet-accurate prediction of the 2008 financial crash, warned in a recent op-ed that the global supply chain crisis combined with high debt ratios and ultra-loose monetary and fiscal policies threaten to turn the “mild stagflation” of recent months into a stagflationary crisis. Roubini argued in the Sept. 21 op-ed “Goldilocks…
More Than 30 Companies, Including Amazon, Facebook and Pfizer Vow to Create Economic Opportunities for Afghan Refugees
September 22, 2021
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More than 30 companies including Amazon, Facebook, Pfizer, and Tyson Foods have vowed to create economic opportunities and provide resources for Afghan refugees as they start their new lives in the United States. The 34 companies, which stem from all sectors including tech, retail, and food service industry, have joined the Tent Coalition for Afghan Refugees, which…
UK Government to Fund CO2 Production to Prevent Food Shortages
The British government will pay millions of pounds to an American company in the coming weeks in order to ensure CO2 supplies, which are indispensable to the food industry. Business Secretary Kwasi Kwarteng announced on Tuesday that the government would provide “limited financial support” to CF Fertilisers, which produces around 60 percent of the UK’s…
BOJ Keeps Policy Steady, Offers Gloomier View on Exports and Output
TOKYO—The Bank of Japan kept monetary policy steady on Wednesday but offered a bleaker view on exports and factory output, as Asian factory shutdowns caused supply-chain disruptions for some manufacturers. As widely expected, the BOJ maintained its short-term interest rate target at—0.1 percent and that for 10-year government bond yields around zero percent. “Exports and…
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