LONDON—The U.S. dollar slipped on Friday and was heading for its first weekly decline this month as traders dialed down bets on where interest rates may peak and brought forward their views on the timing of rate cuts to counter a possible recession. A significant factor this week has been the fall in oil and…
Oil up More Than $1 but Set for Second Weekly Drop on Recession Fears
LONDON—Oil rose by more than $1 a barrel on Friday supported by tight supply, although crude was heading for a second weekly fall on concern that rising interest rates could push the world economy into recession. U.S. Federal Reserve Chair Jerome Powell said on Thursday the central bank’s focus on curbing inflation was “unconditional,” adding…
Legendary Stallion: A Photographer’s Once-in-a-Lifetime Experience of Working With Uldrik 457
An equine photographer recalls the day she spent with the Friesian stallion of her dreams, and the magical ripple effect his images are having on the world. Born and raised in Hastings, Michigan, photographer Lori Ann Thwing, 52, currently lives in nearby Howard City. She was the last to photograph the legendary stallion Uldrik 457 before he…
Stocks Temper Their Inflation Expectations on Copper Pounding
LONDON—World stocks headed for their first weekly gain in a month and Wall Street was set to open higher on Friday on hopes that slides in copper and other commodities could put a brake on runaway inflation. The week has been marked by steep declines for commodities on concern that the world economy is looking…
Senate Passes Amended Version of Pandemic-Era Free School Meal Bill
Senate lawmakers on Thursday voted to pass an amended version of a bill that would extend funding for COVID-era school meal waivers for children across the country until 2023. The legislation is part of a wider effort to keep kids from going hungry amid soaring inflation and supply chain issues across the country. House lawmakers…
Stagflation Looms as German Business Confidence Slides
German business sentiment slumped in June as headwinds from looming natural gas shortages and soaring prices crimped confidence, prompting analysts to boost the odds that Europe’s biggest economy will be rocked by stagflation. The closely-watched Ifo business climate index, released on June 24, showed a slump in its current conditions gauge and sharp drop in…
Satellite Imagery Shows Construction of US Military Facility in Pacific
Satellite imagery revealed that the United States is constructing a new military facility in the Pacific, possibly preparing an alternative landing site for its airforce should the military bases on Guam become inoperable. Land-clearing activity has been spotted at Tinian International Airport in the Northern Mariana Islands, based on satellite images obtained by The War…
UK: Man Gets Schoolboy Sentence for Childhood Murder of Rikki Neave
LONDON—A 41-year-old man who murdered a six-year-old English boy in 1994 has been sentenced by a judge as if he was a schoolboy. In what is thought to be a legal first, James Watson, who was 13 when he strangled Rikki Neave, was given the mandatory sentence for a juvenile —detention at Her Majesty’s Pleasure—at…
Protests Continuously Interrupt Chinese Ambassador’s Speech at Australian University
June 24, 2022
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Asia & PacificAustraliaChinaChina Human RightsChina-Australia RelationsChinese ambassadorChinese RegimeHong KongInternationalInternational RelationsScott MorrisonWorldXiao Qian
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In a rare event, protestors have managed to interrupt a speech by the Chinese Ambassador to Australia six times during a public event at the University of Technology Sydney (UTS) calling for action on Tibet, Hong Kong, Xinjiang, Uyghurs and human rights abuses in China. The short event, which was hosted by James Laurenceson, the…
DeSantis Suggests Media ‘Mea Culpa’ for Past Reporting on Indicted Former Political Rival
June 24, 2022
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Andrew GillumBusiness & MarketsCompaniesFloridaJoe BidenKamala HarrisLocal NewsMedia & Big TechRegional-Local Newsron desantisUSUS News
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Florida Gov. Ron DeSantis said the media might have some answering to do, when asked about the recent indictment against his former political rival Andrew Gillum, who ran against the governor in the state’s 2018 gubernatorial race. Gillum, also a former mayor of Tallahassee, was indicted with wire fraud, conspiracy, and making false statements, the…
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