The U.S. Department of Commerce announced Thursday that it has removed Russia from its market economy categorization in a bid to place pressure on Moscow under the context of bilateral trade, and further isolate the country’s economy. The Commerce Department’s decision cited increased interference from Russia’s government in tits own economy, resulting in price distortions,…
US Downgrades Russia to a Non-Market Economy in Bid to Further Isolate Moscow
Biden: There’s ‘No Guarantee’ That Rising Inflation Will Go Away
November 11, 2022
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2022 Midterm ElectionsbidenBusiness & MarketsCompaniesDemocratseconomic policieseconomyenergyenergy pricesExecutive BranchinflationMarketsPolicies & ImpactsPoliticsrecessionUS
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President Joe Biden admitted that he could not “guarantee” that his administration would be able to stop rising inflation. Biden’s comments on inflation came a day after the midterm elections. He stated that he will stay the course and do “nothing” differently for the next two years of his term in office. A reporter, at a…
LIVE 10:15 AM ET: President Biden Delivers Remarks on Climate Change
President Joe Biden will delivers remarks at COP27 in Sharm el-Sheikh, Egypt, discussing U.S. efforts to reduce emissions, advance the global climate fight and help the most vulnerable build resilience to climate impacts. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: https://twitter.com/EpochTVus…
President Biden Delivers Remarks on Climate Change
President Joe Biden will delivers remarks at COP27 in Sharm el-Sheikh, Egypt, discussing U.S. efforts to reduce emissions, advance the global climate fight and help the most vulnerable build resilience to climate impacts. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: https://twitter.com/EpochTVus…
US Announces Fresh Package of Security Assistance for Ukraine
The Department of Defense (DOD) on Thursday announced that the United States will send an additional $400 million worth of military equipment to Ukraine. In a press release, the DOD said the latest drawdown of equipment from U.S. inventories is the 25th authorized by the administration of President Joe Biden since August 2021. At the…
US Announces Another Fresh Package of Security Assistance for Ukraine
The Department of Defense (DOD) on Thursday announced that the United States will send an additional $400 million worth of military equipment to Ukraine. In a press release, the DOD said the latest drawdown of equipment from U.S. inventories is the 25th authorized by the administration of President Joe Biden since August 2021. At the…
Biden Announces Intent to Nominate Former Obama-Era Official to Head IRS
November 11, 2022
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bidenBusiness & Marketseconomic policieseconomyExecutive BranchInflation Reduction ActIRS - U.S. Internal Revenue ServicePoliticsUSUS News
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President Joe Biden on Nov. 10 announced his intent to nominate former acting Internal Revenue Service (IRS) Commissioner under the Obama administration, Danny Werfel, to be its new head. Biden announced Werfel’s appointment in a statement from the White House which said that Werfel is a “public and private sector leader who has served under both Democratic…
Texas Judge Strikes Down Biden’s ‘Unconstitutional’ Student Loan Forgiveness Plan
President Joe Biden’s student loan forgiveness plan that would cancel hundreds of billions of dollars in student loan debt for Americans was struck down by a federal judge in Texas on Wednesday. U.S. District Judge Mark Pittman, a Trump appointee, said in a 26-page ruling (pdf) that the plan is “an unconstitutional exercise of Congress’s legislative power…
Biden Cut the Pipeline, Complains About High Gas Prices
Commentary President Joe Biden appears to have no understanding of where high gas prices come from and that his policies have contributed to the problem. “If oil companies were investing their profits in their operations at historic rates, America would produce more oil today and prices would be down even further. Rather than giving Americans…
Biden Should Shun Xi at the G-20
Commentary China’s new “emperor for life,” Xi Jinping, is foisting a whirlwind tour on the world’s presidents and prime ministers, including at the upcoming G-20 meeting in Bali. There, he will tell them to reject U.S. leadership and embrace China instead. Xi will watch how countries address key issues that separate the China hawks from…
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