LONDON—Oil prices dipped but were trading in and out of positive territory on Thursday as investors weighed up tightening Russian supplies and the prospect of dwindling fuel demand in China. Brent crude futures were down 63 cents, or 0.6 percent, at $104.69 a barrel by 1129 GMT. U.S. West Texas Intermediate crude lost 49 cents,…
EU Calls Russia Suspending Gas Supplies to Poland and Bulgaria ‘Blackmail’
April 28, 2022
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European leaders have condemned Russia’s move to cut off gas supplies to Poland and Bulgaria as “blackmail” after the two NATO members had supplies shut off for refusing to pay in rubles. Moscow’s state-owned energy corporation Gazprom confirmed in an April 27 statement it had fully halted gas exports to Polish gas company PGNiG and…
Moderna Seeks Clearance for COVID-19 Vaccine for Young Children
Moderna on April 28 said it has asked the U.S. Food and Drug Administration (FDA) to grant emergency use authorization (EUA) to the company for its COVID-19 vaccine for children as young as 6 months. The EUA submission is for two 25-microgram doses of the shot, mRNA-1273, in children 6 months old to 5 years old….
Energy Prices Bump German Inflation to Four-Decade High
BERLIN—German inflation hit its highest level in more than four decades in April, pushed higher by natural gas and mineral oil products that have significantly increased in price since Russia’s attack on Ukraine. Consumer prices, harmonized to make them comparable with inflation data from other European Union countries (HICP), rose an annual 7.8 percent, a…
Fauci Now Says Pandemic is Not Over
Dr. Anthony Fauci on April 27 sought to clarify remarks he made a day prior about the state of the COVID-19 situation in the United States. Fauci, President Joe Biden’s chief medical adviser and the longtime head of the National Institute of Allergy and Infectious Diseases, said on PBS on Tuesday that “we are certainly right…
US Economy Declines 1.4 Percent in 1st Quarter
The U.S. economy contracted at an annualized pace of 1.4 percent in the first quarter, well below market expectations of 1.1 percent growth. The gross domestic product (GDP) data, reported on April 28 by the U.S. Commerce Department, mark the first negative growth since the second quarter of 2020 and a dramatic reversal from a…
US Economy Declines 1.4 Percent in the First Quarter
The U.S. economy contracted 1.4 percent in the first quarter, new Bureau of Economic Analysis (BEA) data show. The market had forecast growth of 1.1 percent. This is the first time the world’s largest economy experienced negative growth since the second quarter of 2020. According to the BEA, the decline in the GDP was driven…
US Economy Unexpectedly Declines 1.4 Percent in the First Quarter
The U.S. economy contracted 1.4 percent in the first quarter, new Bureau of Economic Analysis (BEA) data show. The market had forecast growth of 1.1 percent. This is the first time the world’s largest economy experienced negative growth since the second quarter of 2020. According to the BEA, the decline in the GDP was driven…
LIVE at 9PM ET: Was a foreign intelligence organization behind the plot to destroy Donald Trump and Michael Flynn?
Lee Smith speaks live with Turkish businessman Ekim Alptekin about the shadowy religious figure believed to be responsible for political unrest across the globe and sheltered by U.S. spy services. Follow EpochTV on social media: Facebook: https://www.facebook.com/OverTheTarget Twitter: https://twitter.com/OverTheTarget5 Rumble: https://rumble.com/c/EpochTV Gettr: https://gettr.com/user/overthetarget_ Gab: https://gab.com/EpochTV Telegram: https://t.me/EpochTV …
Tech Earnings Buoy Stocks as Yen Slips to 20-year Low
LONDON—The dollar was on the cusp on Thursday of its highest in two decades after the Bank of Japan doubled down on its ultra loose monetary policy, while technology stocks gained on strong earnings, led by a rally in Facebook parent Meta Platforms. The yen dropped to a 20-year low and breached 131 per dollar,…
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