The Biden administration has issued a warning that the pending federal debt crisis might trigger an economic recession that would affect economic growth and trigger job losses across the United States. “Hitting the debt ceiling could cause a recession. Economic growth would falter, unemployment would rise, and the labor market could lose millions of jobs,”…
Biden Administration Warns States Federal Debt Crisis Might Trigger Recession
Biden Administration Warns States Federal Debt Crisis Could Trigger Recession
The Biden administration has issued a warning that the pending federal debt crisis could trigger an economic recession that would impact economic growth and trigger job losses across the United States. “Hitting the debt ceiling could cause a recession. Economic growth would falter, unemployment would rise, and the labor market could lose millions of jobs,”…
Dire Shortage of Skilled Tradespeople Looming in Canada
Canada has a shortage of tradespeople that will worsen this decade unless educators, employers, and policymakers respond, according to a recent report by the Royal Bank of Canada. “Powering Up: Preparing Canada’s skilled trades for a post-pandemic economy,” says the nation is on pace to be 100,000 tradespeople short within five years. The 56 Red…
Chinese Buyers Seek Answers at Unfinished Evergrande Apartments
Anxious home buyers flowed into the sales office of a housing complex in central China this week, yet found cranes lying idle and homes unfinished. Images from the complex show bare steel and uncovered balconies of the 16 blocks of housing, which are at various stages of completion. Real estate giant Evergrande Group had been…
Teachers Surprise the Sources of Their Inspiration
People tend to forget that even children need validation. Thank you for making these kids feel important and respected.
NIH Director Collins Believes Pfizer Booster Shots Will Be Expanded Despite FDA Panel’s Recommendation
The head of the U.S. National Institutes of Health, Francis Collins, said he believes COVID-19 vaccine booster doses will be expanded despite a panel of Food and Drug Administration (FDA) experts recommending against them for the general population. With an overwhelming majority, the panel voted against recommending Pfizer’s COVID-19 booster for most of the general…
Australia Defends Scrapping of French Submarine Deal; Macron and Biden to Talk
September 19, 2021
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SYDNEY—Australia on Sunday defended its decision to ditch a multi-billion-dollar order for French submarines and opt instead for an alternative deal with the United States and Britain, saying it had flagged its concerns to Paris months ago. Canberra’s move triggered an unprecedented diplomatic crisis that analysts say could do lasting damage to U.S. alliances with…
Boris Johnson Accused of Taking ‘Casual’ Approach to National Security
Prime Minister Boris Johnson has been accused of adopting a “more casual” approach to Britain’s national security as lawmakers warned the Whitehall machine was unable to cope with more than one major crisis at a time. The Joint Committee on National Security Strategy—made up of senior MPs and peers—said the fall of Afghanistan had shown…
The Netherlands Unveils Its First National Holocaust Monument
AMSTERDAM—A monument listing 102,163 Dutch victims of the Holocaust was unveiled by King Willem-Alexander in Amsterdam on Sunday, the first national memorial to be built in the Netherlands. The monument, designed by Daniel Libeskind, 75, who lost relatives in the Holocaust, lies in the center of the Dutch capital and is a labyrinth of brick…
Volcano Erupts on Atlantic Ocean Island as Swarm of Hundreds of Earthquakes Recorded
A volcano on the Spanish island of La Palma erupted on Sunday, the island’s government confirmed, coming days after hundreds of earthquakes were recorded in the area. A large column of smoke rose up after the eruption at 3:15 p.m. local time inside the Cumbre Vieja national park, said the Canary Islands government and the Canary Islands Volcanology…
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