Government borrowing jumped by £18 billion in the year to March 2023, with the figure blamed on rising interest rates and the cost of supporting energy bills. The Office for National Statistics (ONS) said public sector borrowing reached £139.2 billion in 2022/23, the fourth-highest figure since records began and £18.1 billion more than in 2021/22,…
Government Borrowing Jumps by £18 Billion Owing to Interest Payments and Energy Bills Support
Biden Speaks About Investing in America Agenda
At 12:30 p.m. ET on April 25, President Joe Biden discusses how his investing in America agenda would bring manufacturing back, rebuild the middle class, and create good-paying union jobs. …
LIVE NOW: Biden Speaks About Investing in America Agenda
At 12:30 p.m. ET on April 25, President Joe Biden discusses how his investing in America agenda would bring manufacturing back, rebuild the middle class, and create good-paying union jobs. …
LIVE 12:45 PM ET: Biden Speaks About Investing in America Agenda
At 12:30 p.m. ET on April 25, President Joe Biden discusses how his investing in America agenda would bring manufacturing back, rebuild the middle class, and create good-paying union jobs. …
Biden Taps Prominent Political Strategists to Lead 2024 Reelection Bid
A mix of fresh and familiar faces have been tapped to help steer President Joe Biden’s reelection campaign, which he officially launched on April 25. Topping the list as Biden’s campaign manager will be Julie Chávez Rodriguez, a senior White House adviser who also served as the deputy campaign manager for his 2020 presidential campaign….
John Snow Versus ‘The Science’
The following is adapted from Chapter 4 of the author’s book “Fear of a Microbial Planet: How a Germophobic Safety Culture Makes Us Less Safe.” When cholera broke out in London in the first half of the nineteenth century, experts were quick to place the blame on miasma—the accumulation of toxic gases and odors within the…
John Robson: When It Comes to Defence Procurement, the Feds Are Asleep at the Switch
Commentary Australia is building or buying 11 nuclear-powered submarines because of the looming threat of conflict with communist China. Whereas in Canada we’re still going “What’s conflict?” and “What’s communism?” and, within the Trudeau administration, “What’s China?” In democracies there’s always a mix of good news and bad on defence. The Australian says, “The Australian…
Yellen Warns of ‘Economic and Financial Catastrophe,’ but Insists It’s ‘Preventable’
Treasury Secretary Janet Yellen on Tuesday warned of an “economic and financial catastrophe” that would decimate jobs and make loans more expensive for years to come if Congress fails to raise the debt ceiling and the government defaults on its obligations. Yellen issued the warning in prepared remarks for the 51st annual Sacramento Metro Chamber’s…
Recession Fears Grow in US Manufacturing Despite Biden’s Investments
President Joe Biden has made manufacturing a centerpiece of his administration’s initiative to build a green energy economy, touting investments the White House put forward to resuscitate towns that were “shadows of what they used to be.” Supporters say that the president’s efforts to revive the manufacturing sector appear to be working as taxpayer-funded investments…
GM Partners With Samsung for a $1 Billion Electric Vehicle Battery Factory
General Motors Co. and Samsung SDI announced plans on Tuesday to build a $3 billion joint-venture electrical vehicle (EV) battery plant in the United States. The news comes as South Korean president Yoon Suk Yeol is in Washington to meet President Joe Biden on what is the first state visit to the United States by…
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